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← Home-Start Chichester & District

2025-03-31-accounts

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

HOME START CHICHESTER & DISTRICT

CHARITY REGISTRATION No: 1123768 COMPANY REGISTRATION No: 6552088

Delling Lane

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre

Bosham

West Sussex

PO18 8NF

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Pages 2 to 7 Trustees Annual Report
Page 8 Statement of Financial Activities
Page 9 Balance Sheet
Pages 10 to 18 Notes to the Financial Statements
Page 19 Independent Examiners Report

1

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER

1123768

COMPANY REGISTRATION NUMBER 6552088 START OF FINANCIAL YEAR 1st April 2024 END OF FINANCIAL YEAR 31st March 2025

TRUSTEES

The committee was served throughout the year by the following:

Chair John Nash (Joint Chair) Margaret Jago (Joint Chair) Company Secretary Peter Brackley Members Rebecca Edwards (stood down 11 March 2025) Cynthia Chitty Judith Gershater Lisa Hall Henrietta Habershon (stood down 17 October 2024) Steven Potter (joined on 17 October 2024) Ian Sellwood (joined on 19 November 2024) Anita Fulton (joined on 19 November 2024) REGISTERED ADDRESS Chichester Nursery School St James Road Chichester West Sussex PO19 7AB DATE OF INCORPORATION 1st April 2008 GOVERNING DOCUMENT Memorandum and Articles of Association BANKERS CAF Bank Plc 25 Kings Hill Avenue West Malling Kent ME19 4JQ INDEPENDENT EXAMINER Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

OBJECTS

a) to safeguard, protect and preserve the good health, both mental and physical of children and parents of 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 Chichester & district and its environs.

2

HSCD Directors Report FYE 31.03.25

Directors’ Report

For the Year Ending March 31[st] , 2025

The Directors are pleased to present their report and the financial statements for Home-Start Chichester & District for the year ending 31[st] March 2025.

Home-Start Chichester & District is governed by a Board of Trustees, who also serve as the charitable company’s directors. The Board is responsible for ensuring that the charity’s aims are delivered effectively and sustainably, in accordance with the principles of the Charity Governance Code and the Standards and Methods of Practice outlined in our Agreement with Home-Start UK.

The Board provides strategic leadership to ensure the charity remains aligned with its mission and objectives. It oversees governance functions, including effective delegation, internal controls, and robust systems for risk assessment and management. Trustees work in close partnership with the staff team, offering their time, skills, and experience to support strategic planning, guide operational delivery, and ensure compliance with Home-Start UK’s Quality Assurance Framework.

The Board holds regular meetings throughout the year. It remains accountable to donors and stakeholders, and actively uses feedback from beneficiaries, referrers, and partner agencies to continually assess and improve the charity’s services.

Our mission is to safeguard and improve the mental and physical well-being of children and their parents; to prevent cruelty and maltreatment of children; to relieve hardship and need; and to promote public awareness of positive parenting and childcare across Chichester and the surrounding district.

The Board of Trustees welcomed three new members during the reporting period. The remaining members were re-elected at the Annual General Meeting held on October 17[th] , 2024. HSCD trustees, staff, and volunteers attended the AGM. We were also delighted to welcome representatives from our funders, local statutory agencies, partner organisations, and local businesses. Two families supported by HSCD shared their experiences during the meeting, speaking powerfully about the impact of the support they received and the difference it has made to their lives and their children's futures.

Achievements and Performance

Family Support

2024/25 has once again seen HSCD continue to grow and provide an increased level of support to a larger number of families. Families more often have a variety of support needs which compound the difficulties they are facing.

The charity was able to provide the following support:

Support was provided in the following ways:

3

HSCD Directors Report FYE 31.03.25

Referrals continue to come from mainstream statutory partners:

Support was provided to families across the Chichester District, which has a population of over 124,000 and covers an area of 303 square miles:

Support needs and outcomes

With the continuing cost of living crisis and the continuing reduction in core services at the County and District level, we have seen a rise in need surrounding isolation, anxiety, and mental health. This trend has continued its post-pandemic rise:

The success of our support is gauged by 14 questions rated with a coping score during the initial and review visits.

Staff and volunteers

Home-Start Chichester & District delivers services with a small but efficient staff team. The team consists of four Family and Volunteer Coordinators who receive family referrals, make connections with families, recruit, train and supervise volunteers, and offer one-to-one support to families. All staff members participate in continuous professional development and safeguarding updates.

We have recruited a Play Leader to specialise in the running of our popular and supportive Family Groups

During this period, we had 34 active volunteers:

4

HSCD Directors Report FYE 31.03.25

Service delivery

Careful financial management has enabled the budget to be met, and the year has ended with HSCD maintaining its target level of reserves (6 to 9 months of running costs). Our funders continue to be supportive, allowing the charity to grow to meet the area's needs.

We continue to partner with local statutory, community and charitable organisations:

Financial Overview

The Trustees extend their sincere thanks to all our donors, with particular appreciation for those who provide regular support. A complete list of donors can be found in the 2024/25 Financial Statements. Their generous contributions are vital to the delivery and impact of our charitable work.

Investment Policy

Home-Start Chichester & District holds reserves to provide financial stability and support the long-term delivery of its services. The charity adopts a cautious and responsible approach to managing these funds.

Funds not required for immediate use are placed in low-risk, interest-bearing accounts with reputable financial institutions in the UK. The charity keeps any surplus funds in the deposit accounts of its bankers, CAF Bank Ltd and NatWest Bank. The charity does not invest in equities or high-risk instruments.

Trustees ensure that investments align with HSCD’s values and charitable objectives. Ethical considerations, including environmental and social responsibility, are taken into account when selecting financial products.

The investment policy is reviewed annually by the Board of Trustees as part of its financial oversight responsibilities.

Risk review

In line with Home-Start UK’s guidance, Home-Start Chichester and District have identified the significant risks that are likely to recur and could severely impact the charity. These are risks associated with:

5

HSCD Directors Report FYE 31.03.25

In each case, the Board has considered the likelihood of occurrence, the impact, and what measures to take to minimise the risk of its reoccurrence and effect. Risks are reviewed on an ongoing basis.

Reserves Policy

Home-Start Chichester & District adopted a Reserves Policy in 2012, which is incorporated into the charity’s annually reviewed Financial Management Policy. In light of the ongoing challenges in securing statutory and other forms of stable funding, the Trustees consider it essential to maintain sufficient reserves to ensure continuity of service.

The charity has set a minimum reserves level equivalent to six months of running costs, with a target of nine months. As of the Balance Sheet date, unrestricted funds stood at a level equivalent to ten months of budgeted running costs. This total includes a designated contingency reserve to cover potential property rental obligations.

Future Plans

At Home-Start Chichester & District, our commitment to supporting local families remains at the heart of all we do. As we look to the future, our focus is on sustainability, growth, and deepening our impact across the district.

Strengthening Our Core Offer

We will continue to deliver and develop our trusted home-visiting support for families facing a range of challenges. This includes:

Reaching More Families

We are actively working to broaden our reach by:

Ensuring Long-Term Sustainability

To secure our future, we are committed to:

Deepening Partnerships

We recognise that strong partnerships are key to providing holistic support for families. We plan to:

6

HSCD Directors Report FYE 31.03.25

Amplifying Family Voices

We will continue to place families at the centre of our work by:

Statement of Directors' Responsibilities

The Board of Trustees is responsible for the preparation of the financial statements in accordance with the Charities Act and the Companies Act 2006. These financial statements are required to present a true and fair view of the charity's financial position as at the year-end and of its results for the financial year.

Preparation of the Financial Statements

In preparing these financial statements, the Trustees are required to:

Additional Responsibilities The Trustees are also responsible for: Maintaining proper accounting records that:

Safeguarding the charity's assets and taking appropriate measures to prevent and detect fraud and other financial irregularities.

Compliance Statement

These financial statements have be n prepared in accordance with the small companies' regime under the Companies Act 2006.

Approval of the Financial Statements

The Trustees approve the Statement of Financial Activities and Balance Sheet for the year ended March 31[st ] 2025, and confirm that all information necessary for their preparation has n made available. be

Approved by the Directors on the . .P. ..... 'J. .t?.'f/.J.:(

Signed on th ·r behalf by the Directors:

...... ... .

Print Name: John Nash

and

7

HOME START CHICHESTER & DISTRICT

(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST MARCH 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and Legacies
2a
Other Trading Activities
2b
Investment Income
2c
TOTAL
EXPENDITURE ON:
Raising Funds
3a
Charitable Activities
3b
TOTAL
NET INCOME/(EXPENDITURE)
Transfer Between Funds
8,9
Reconciliation of Funds:
Total Funds Brought Forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2024/25
2023/24
£
£
£
£
£
182,021
-
56,418
238,439
266,547
8,013
-
-
8,013
6,436
5,012
-
-
5,012
4,058
195,046
-
56,418
251,464
277,041
23,231
-
825
24,056
21,204
120,702
-
95,524
216,226
190,304
143,933
-
96,349
240,282
211,508
51,113
-
(39,931)
11,182
65,533
(15,000)
15,000
-
-
-
135,229
20,000
73,235
228,464
162,931
171,342
35,000
33,304
239,646
228,464

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 10 to 18 form part of these financial statements.

8

HOME SfART CHICHEsrER a DISTRICT

(A COMPANY UNITED BY GUARANTE )

BALANCE SHEET AS AT 31Sf MARCH 2025

Company reglslratiOn number: 06552088 Company reglslratiOn number: 06552088 Company reglslratiOn number: 06552088
Fixed Assets
Tangible Assets		 Note
4		 Unrestrict

Funds
£		 Designated
Funds
£		 Resbicted
Funds
£
8,400		 31-Mar-25
Total
E
8,400		 31-Mar-24
Total
E
11,200
Current Assets
Debtors & Prepayments
Cash at Bank and in Hand
Total Current Assets		 5
6		 180
1731,105
173,285		 35.c,000
35,000		 26.c,138
**2&,138 **		 180
234.c,243
234&!23		 718
217.c,815
21!,:533
Creditors: amounts falling due
within one year		 7 1,943 1,234 3,177 1,269
NET aJRRENT ASSETS 171,342 35,000 24,904 231,246 217,264
TOTAL ASSETS less current liabilities 171,342 35,000 33,304 239,646 228,464
NET ASSETS 171,342 35,000 33,304 239,646 228,464
Funds of the Charity
Gen ral Funds - Unrestricted
Restricted Funds
General Funds - Designated		 8
9		 171,342 35,000 33,304 171,342
33,304
35,000		 135,229
73,235
20,000
Total Funds 171,342 35,000 33,304 239,646 **228,464_ **

The company was entitled tD exemption from audit under s477 of the Companies Ad. 2006 relating tD small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Ad. 2006.

The directors acknowledge their responsibilities for complying with the requirem nts of the Companies Act with respect tD accounting records and the prepa tion of accounts.

These accounts have been prepared in accordance with the proviS ons applicable tD small companies subject tD the small companies regime and in accordance with FRS 102 SORP.

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9

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

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

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

2011

Basis of Preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.

Home Start Chichester & District meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Preparation of accounts on a going concern basis

Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.

Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period.

Material prior period errors

No material prior year errors have been identified in the reporting period.

The particular accounting policies adopted are set out below.

1. ACCOUNTING POLICIES

Income

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

Grants and Donations

Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).

Tax Reclaims on Donations and Gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Contractual Income and Performance Related Grants

This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.

Gifts in Kind

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

10

HOME START CHICHESTER & DISTRICT

(A COMPANY LIMITED BY GUARANTEE)

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

Legacies

Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

Government Grants

The charity has received local government grants in the reporting period

Donated goods

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.

Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.

Donated Services and Facilities

Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Volunteer Help

The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.

Income from interest, royalties and dividends

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

Settlement of Insurance Claims

Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA.

Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

11

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

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

Expenditure and liabilities

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Governance and Support Costs

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Grants with Performance Conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Grants Payable without Performance Conditions

Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.

Employee benefits

Short term benefits including holiday pay are recognised as an expense in the period in which the service is received.

Redundancy cost

The charity made no redundancy payments during the reporting period.

Deferred income

No material item of deferred income has been included in the accounts.

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date

Legal status of the charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Fixed Assets

These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line over 3 years from the month they are purchased.

Heritage assets

The charity does not have heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture.

Investments

Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Stocks and work in progress

Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.

Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

12

HOME START CHICHESTER & DISTRICT

(A COMPANY LIMITED BY GUARANTEE)

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

2. ANALYSIS OF INCOME

Unrestricted
Designated
Restricted
Funds
Funds
Funds
£
£
£
a) Donations and Legacies
Donations: Corporate
14,552
-
667
Trusts and Foundations
93,532
-
44,501
Grants Received: Government
2a)i
34,233
-
-
Grants Received: Other
39,704
-
11,250
182,021
-
56,418
b) Other Trading Activities
Fundraising Income:
Community
1,845
-
-
Individuals
6,168
-
-
8,013
-
-
c) Investment Income
Bank Interest
5,012
-
-
5,012
-
-
2 a)i
Analysis of receipt of government grants
Birdham Parish Council
Bosham Parish Council
Boxgrove Parish Council
Chichester City Council
Chichester District Council
Cocking Parish Council
Easebourne Parish Council
Fishbourne Parish Council
Midhurst Town Council
North Mundham Parish Council
Sidlesham Parish Council
Southbourne Parish Council
Tangmere Parish Council
West Wittering Parish Council
Westbourne Parish Council		 TOTAL
TOTAL
2024/25
2022/23
£
£
15,219
6,300
138,033
195,112
34,233
6,329
50,954
58,806
238,439
266,547
1,845
2,098
6,168
4,338
8,013
6,436
5,012
4,058
5,012
4,058
2024/25
2023/24
£
£
133
75
400
400
150
-
5,000
2,489
25,000
-
-
100
250
250
450
285
500
800
-
200
-
120
1,000
360
500
-
600
1,000
250
250
34,233
6,329

13

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

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

3. EXPENDITURE

Note
a) Raising Funds
Advertising & Publicity
Fundraising
b) Charitable Activities
Direct charitable expenditure
Depreciation
Family Group
Insurance Costs
IT Consultancy Fees
Motor Vehicle Costs
Printing, Postage & Stationery
Provisions
Rent & Rates
Repairs & Maintenance
Salaries & Wages
10
Staff & Volunteers Training & Recruitment Costs
Subscriptions
Sundry Expenses
Telephone Costs
Travel & Volunteers Expenses
Governance and Support
Bank Charges
Bookkeeping & Accountancy
Home Start Annual Fee
Independent Examiners Fees
Legal & Professional Fees		 Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2024/25
2023/24
£
£
£
£
£
475
-
825
1,300
2,170
22,756
-
-
22,756
19,034
23,231
-
825
24,056
21,204
-
-
2,800
2,800
2,800
751
-
140
891
4,029
229
-
997
1,226
1,171
37
-
-
37
2,001
-
-
1,670
1,670
1,957
670
-
1,141
1,811
1,503
1,068
-
814
1,882
2,977
6,036
-
4,142
10,178
9,816
93
-
35
128
1,870
81,456
-
72,663
154,119
128,157
2,502
-
1,341
3,843
2,913
1,262
-
783
2,045
1,593
-
-
-
-
20
1,065
-
1,352
2,417
2,453
3,098
-
713
3,811
3,073
120
-
-
120
126
12,848
-
4,000
16,848
14,246
3,897
-
1,090
4,987
3,447
1,020
-
280
1,300
800
4,550
-
1,563
6,113
5,352
120,702
-
95,524
216,226
190,304

3.b)i) Summary analysis of expenditure on charitable activities

This table shows the cost of the main charitable activities including support costs and grant funding to third parties

Activity or programme

Supporting families Direct
Charitable
Governance
charitable
gifts
cost
cost
£
£
£
186,858
-
7,413		 Support
TOTAL
cost
£
£
21,955
216,226
186,858
-
7,413		 21,955
216,226
3.b)ii) Details of certain types of expenditure
Assurance services other than audit or independent examination
Independent examiner’s fees
Other fees (for example: financial advice, consultancy, accountancy services) paid to the
independent examiner		 2024/25
2023/24
£
£
1,080
800
-
-
-
-
1,080
800

14

HOME START CHICHESTER & DISTRICT

(A COMPANY LIMITED BY GUARANTEE)

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

4. TANGIBLE FIXED ASSETS

Cost
01-Apr-24
Additions
Cost at
31-Mar-25
Depreciation
01-Apr-24
Charge
Depreciation at
31-Mar-25
Net Book Value
31-Mar-25
Net Book Value
31-Mar-24		 Unrestricted
Restricted
Equipment
Motor Vehicle
Total
£
£
£
2,251
14,000
16,251
-
-
-
2,251
14,000
16,251
2,251
2,800
5,051
-
2,800
2,800
2,251
5,600
7,851
-
8,400
8,400
-
11,200
11,200

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2025 : None 31st March 2024 : None

5. DEBTORS AND PREPAYMENTS

Prepayments
6. CASH AT BANK AND IN HAND
Cash at Bank and in Hand		 Unrestricted
Designated
Restricted
Total
Total
Fund
Fund
Fund
31-Mar-25
31-Mar-24
£
£
£
£
£
180
-
-
180
718
180
-
-
180
718
Unrestricted
Designated
Restricted
Total
Total
Fund
Fund
Fund
31-Mar-25
31-Mar-24
£
£
£
£
£
173,105
35,000
26,138
234,243
217,815
173,105
35,000
26,138
234,243
217,815

7. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals
Creditors
Independent Examiners Fees		 Unrestricted
Designated
Restricted
Total
Total
Fund
Fund
Fund
31-Mar-25
31-Mar-24
£
£
£
£
£
-
-
154
154
-
1,943
-
-
1,943
469
-
-
1,080
1,080
800
1,943
-
1,234
3,177
1,269

15

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

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

8. RESTRICTED FUNDS

CURRENT YEAR
Sussex Community Foundation
National Lottery Community Fund -
Woodger Trust
Homestart UK
Lottery (Awards 4 All)
Waitrose		 Balance
Fixed Asset
Balance
01-Apr-24
Income
Expenditure
Purchase
Transfers
31-Mar-25
£
£
£
£
£
£
3,331
-
(3,331)
-
-
-
16,601
11,250
(27,851)
-
-
-
33,053
44,501
(54,366)
-
-
23,188
250
-
(134)
-
-
116
20,000
-
(10,000)
-
-
10,000
-
667
(667)
73,235
56,418
(96,349)
-
-
33,304

The Sussex Community Foundation fund is for Staff costs and overheads.

National Lottery Community Fund – RC London & South East Region fund is for Scheme Manager salaries. The Woodger Trust Fund is for the Witterings Project

The Homestart UK Fund is for baby milk for families in need.

The Lottery (Awards 4 All) Fund is for Staff costs, Volunteer costs and overheads. The Waitrose Fund is for food for families.

The restricted funds held at 31st March 2025 are represented by:

£
Fixed Assets
8,400
Cash at bank
26,138
Creditors
(1,234)
33,304
PRIOR YEAR
Children in Need
Sussex Community Foundation
National Lottery Community Fund -
RC London & South East Region
Woodger Trust
Postcode Society Trust
Arun & Chichester Food P'Ship
Whitestuff (HSUK)
Homestart UK
Lottery (Awards 4 All)		 Balance
Fixed Asset
Balance
01-Apr-23
Income
Expenditure
Purchase
Transfers
31-Mar-24
£
£
£
£
£
£
-
-
-
-
-
3,876
10,000
(10,545)
-
-
3,331
7,115
36,981
(27,495)
-
-
16,601
-
60,555
(27,502)
(14,000)
-
33,053
9,950
-
(9,950)
-
-
-
-
1,575
(1,575)
-
-
-
-
2,500
(2,500)
-
-
-
-
250
-
-
-
250
-
20,000
-
-
-
20,000
20,941
131,861
(79,567)
(14,000)
-
73,235

The Sussex Community Foundation fund is for Staff costs and overheads.

National Lottery Community Fund – RC London & South East Region fund is for Scheme Manager salaries. The Woodger Trust Fund is for the Witterings Project

The Postcode Society Trust fund is for Staff costs, Rent and overheads The Arun & Chichester Food P'Ship Fund is for fresh produce. The Whitestuff (HSUK) Fund is for the provision of anxiety courses. The Homestart UK Fund is for baby milk for families in need. The Lottery (Awards 4 All) Fund is for Staff costs, Volunteer costs and overheads.

The restricted funds held at 31st March 2024 are represented by:

Fixed Assets
Cash at bank
Creditors		 £
11,200
62,235
(200)
73,235

16

HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31ST MARCH 2025

9. DESIGNATED FUNDS
CURRENT YEAR
Property Fund
PRIOR YEAR
Property Fund		 Balance
Balance
01-Apr-24
Income
Expenditure
Transfers
31-Mar-25
£
£
£
£
£
20,000
-
-
15,000
35,000
20,000
-
-
15,000
35,000
Balance
Balance
01-Apr-23
Income
Expenditure
Transfers
31-Mar-24
£
£
£
£
£
20,000
-
-
-
20,000
20,000
-
-
-
20,000

The Trustees agreed at a Board Meeting in 2020/21 to set up a ‘Designated Fund’ for future property costs as and when the charity is required to move from their current premises.

The designated funds held at 31st March 2024 and 31st March 2025 are represented by the Charity's cash reserves (£35,000) and are ringfenced to be expended as specified above.

10. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL

Gross Wages and Salaries
Employer's National Insurance Costs
Less HMRC Incentive
Employer Pension Contributions
Statutory Maternity Pay
Statutory Maternity Pay Recovered
Number of employees who were engaged at the end of the year
Activities in furtherance of organisation's objects		 2024/25
2023/24
£
£
141,620
118,995
10,418
8,189
(5,000)
(5,000)
7,081
6,005
-
1,069
-
(1,101)
154,119
128,157
in each of the following activities:
2024/25
2023/24
TOTAL
TOTAL
6
6

No employees received emoluments in excess of £60,000 (2023/24:None). Staff are paid through the PAYE system.

The key management personnel of the charity comprise the Trustees and Senior Management Team. Neither are remunerated. Therefore the total employee benefits (including employer national insurance and employer pension contributions) of the key management personnel of the charity were £0.

11. DEFINED CONTRIBUTION PENSION SCHEME

The charity operates a defined contribution pension scheme. The assets of scheme are held separately from those of the Trust in an independently administered fund. The pension cost in the SOFA represents the contributions payable by the charitable company to the fund and amounted to £7,081 (2023/24: £6,005). There were no commitments at the balance sheet date in respect to future transactions.

17

HOME START CHICHESTER & DISTRICT

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS (Continued)

FOR THE YEAR ENDED 31ST MARCH 2025

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible Fixed Assets
Net Current Assets
TOTAL		 Unrestricted
Designated
Restricted
Total
Total
Fund
Fund
Fund
31-Mar-25
31-Mar-24
£
£
£
£
£
-
-
8,400
8,400
11,200
171,342
35,000
24,904
231,246
217,264
171,342
35,000
33,304
239,646
228,464

13. GRANTMAKING

The charity did not make any grants or donations which in aggregate form a material part of the charitable activities undertaken.

14. EVENTS AFTER THE END OF THE REPORTING PERIOD

The Trustees are satisfied that there are no events between the end of the reporting period and the date the financial statements are authorised for issue, which require disclosure.

15. TRUSTEES AND OTHER RELATED PARTIES

No payments were made to Trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a Trustee or any person connected with them.

There have been no donations from Trustees during this financial year (2023/24: £Nil).

16. PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

18

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

I report to the trustees on my examination of the accounts of Home Start Chichester & District for the year ended 31st March 2025.

Responsibilities and basis of report

As the charity’s trustees of the charitable company (who are also the directors of the company 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 charitable company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I 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, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

The charitable company's gross income exceeded £250,000 and I am qualified to undertake the examination by being a fellow member of the Association of Charity Independent Examiners.

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

FCIE

Date: 11 September 2025

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

19