Company Registration Number: 06278007 Charity Registration Number: 1124109 Home-start Wandsworth Limited Financial Statements For the Year Ending 30 June 2024 JANE ASCROFT ACCOUNTANCY LIMITED Chartered accountants Enterprise House Harmire Enterprise Park BaFnard Castle County Durham DL12 8XP
Home-start Wandsworth Limited Financial Statements Year Ended 30 June 2024 Page Trustees, Annual Report (Incorporating the Directors, Report} Independent Examiner's Report to the Trustees 21 Statement of Financial Activities Ilncluding Income and Expenditure Account) Statement of Financial Position 22 23 Statement of Cash Flows 24 Notes lo the Financial Statements 25 The Following Pages Do Not Form Part of the Flnancial Statements Detailed Statement of Financial Activities 36
Home-start Wandsworth Limited Trustees, Annual Report {Incorporating the Directors, Report) Year Ended 30 June 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 J une 2024. Ob-ectives The charity provides support for local families and has several Charilable objectives.. To safeguard, preserve and protect the good health, both mental and physical, of children and parents of children. To prevent cruelty or mallreatmenl of children. To relieve sickness, poverty and need amongst children and parents of children. To promote the education of the public in better standards of childcare. There has been no change in these objectives during the year. What We Do Home-slart Wandsworth offers non-judgmental peer support to local parents with at least one child under S or who are expecting a baby. We offer a family-cenlred service which improves the life chances of vulnerable children by reducing isolation, improving family wellbeing, and helping parents build the skills and confidence lo support Iheir children's development. We work with families at risk of crisis who are often not currently engaging with other services, and generally not receiving support anywhere else. Each family we work with is facing a different combination of issues, including lone parenting, poverty, disability. addiction or a history of domestic abuse, but what they all share is the difficulty of trying to bring up young children in challenging circumstances. We offer three key areas of support with families able lo access one, a combination, or all, according to their individual needs and preferences.. Horne-visiling: we match each family with a trained volunteer who visits them al home for 2-4 hours every week lo provide practical help, guidance and emotional support. Bump lo Baby.. specialised home visiting support during pregnancy and the new-born stage from a volunteer trained in perinatal mental health and bonding and attachment. Groups. structured weekly group activities for families.
Home-start Wandsworth Limited Trustees, Annual Report (Incorporating the Directors, Report) (Continuedj Year Ended 30 June 2024 Review of 2023-24 Against the difficult backdrop of higher living costs, increased pressure on families within the borough and a more challenging landscape for fundraising and charities generally, Home-slart Wandsworth emerged from the 2023124 year in a similar financial position to the start of the year, but having accomplished much and having secured important future grant funding During the 2023124 year, Home-slart Wandsworth 5UPPOrted 106 families with a total of 192 children through our three main areas of activity. Home visiting remains the core service we provide to most families but we have been encouraged by the continued growth and enthusiasm for our groups and Bump to Baby services. This year we ran over eighty well-attended, group activities including weekly Connect@Home sessions providing families with a cooked meal. These weekly sessions at the Home Community Café create a real sense of community and belonging These strengthened social support networks are important in promoting positive mental and physical wellbeing. We also ran Walk and Talks on Wandsworth Common, encouraging families to get out together in the fresh air, an early literacy programme to help children develop important language skills with our charity partners, Learn to Love lo Read., and a new parenting course, 'Time Out for Parents., helping parents navigate the early years with confidence. Children have been encouraged to participate in creative sessions, explore new environments and lake part in sporting activities run in partnership with Open Air Fil and Enable. We worked wilh Bags of Taste lo develop our families, cookery skills, and have also run workshops on first aid. maternal journalling, managing finances and post-natal depression. The programme structure during 2023124 included.. A weekly craftlreadinglplay session on a Tuesday al Baltersea Arts Centre Our weekly lunch club at Connecl@Home focusing on wellbeing and social connections One advicelinformalion session a term Outdoor play sessions and outings in the springlsummer holidays We were also able to organise four family outings with two day trips to Kew Gardens, one lo West Wiltering beach, and one to the soft play centre al the National Army Museum all of which were well attended and enjoyed by families and volunteers alike. Volunteers & Staff Team Our dedicated staff team coped well with a mid-year change of Managing Director as well as a short period al the start of the year when we were obliged to pause referrals due lo difficulties in matching families to trained volunteers following on from the disruptions in training because of Covid. The team proved both resilient and determined lo make sure that the service to the families we were supporting did not falter and worked hard lo train and match volunteers so that from August we were able lo re-start referrals. During the year the team was supported by a total of 62 volunteers, with 27 new teerthing_trainecLaLour_spring.and aulumn_VolunleepPreparatiot¥CoursewW&FemaiFkhug81y grateful to our staff and volunteer teams for their time, care and support for the families we look after. Grants and Donations The impact of Covid and the fronl-end loading of grant paying charities in response to higher inflation and living costs, made for a more challenging environment for charities who rely on grant funding to support their work. We are grateful for the multi-year funding we receive from The National Lottery through their Community Fund and to The Henry Smith Charity for their grant supporting our core costs, during the year we were fortunate to have been successful in our applications lo Wimbledon Foundation and The Pears Foundation (via HSUKI as well as receiving continued support from Garfield Weston. Enable, the Miles Trust and Childhood Trust. We depend on grants and donations lo fund our work with vulnerable families and would like to express our gratitude lo all those that helped keep our work going - we are very grateful for your support.
Home-start Wandsworth Limited Trustees. Annual Report (Incorporating the Directors, Report) (continuedj Year Ended 30 June 2024 Events - fundraising should be fun... We were pleased with the success of our annual Quiz and Christmas Carol Service which proved more popular than ever, and also with our Summer Ball al the Ballersea Arts Centre which was a great success. We would like to thank all those who came, celebrated, and enjoyed these events with us for their generosity and support, but would also like lo thank the members of staff, volunteers and Iruslees for their effort and energy in organising these events. The Mayor's Charity In May, we were delighted lo have been selected by Sana Jafri, the 2024125 Mayor of Wandsworth as one of her three chosen charities. We are grateful to the Mayor and her team and see this as a valuable opportunity to shine a spotlight on the incredible work we do within the borough. We continue to be hugely grateful to the many other individuals, companies and local organisalions who support us through their generous donations. Your support is so valuable to us and is very much appreciated. Please read our Impact Report for a more detailed overview of what Home-start Wandsworth has achieved this year. In the meantime. we must thank every part of our organisalion from staff and volunteers, lo donors and supporters, each of whom has played a key role in supporting our families. In another challenging and uncertain year, we are proud of what we have achieved and we look forward with enthusiasm lo the coming year.
Home-start Wandsworth Limited Trustees. Annual Report Ilncorporating the Directors, Report) (cortlinued) Year Ended 30 June 2024 Financial Review Our total income for the year was £307.938 (2023 £191.2311, split into unrestricted income of £203,73712023- £124,187} and restricted income of £104,201 (2023 - £67,044}. Our reserves decreased by £121 {2023 £86,794} to £76,298 (2023 £76.419}. The main expenditure, £206,469 (2023 - £222,006), relates lo personnel costs. All reserves held al the year end are represented by unrestricted funds. Reserves Policy The charity aims to retain a level of total resetves of between 6 and 9 months of expenditure to cover the risk, activity and commitments of the organisalion. The Trustees are aware that the current level of reserves fall short of this aim, but are confident that steps to optimise the charity's performance over the next 12 months will result in the reserves policy being mel again in the foreseeable future. Going Concern After making appropriate enquiries, the Trustees have a reasonable expectation that the charitable company has adequate resources lo continue in operational existence for the next 12 months, For this reason, they continue to adopt the going concern basis in preparing the financial statements. Risks The charity Trustees have given consideration to the major risks lo which Home-slart Wandsworth is exposed and have satisfied ourselves that systems and procedures have been established in order to manage these risks. Since Home-start Wandsworth works with vulnerable children and families, we consider safeguardingl child protection the greatest area of inherent risk with our work. Home-slart Wandsworth has developed a comprehensive framework of consents, controls, policies and reviews to ensure we are able lo fulfil our safeguarding and child protection responsibilities and deal with any concerns rapidly and sensitively. Our risk register is grouped under four key areas., Slralegic, Reputational, Operational and Financial. The major risks in each of these categories are.. Strategic - a safeguarding or child protection issue results in harm lo individuals, and loss of trust and reputation amongst key stakeholders. Reputational - an inability to respond to the sector challenges around diversity and inclusion leaves Home-slart Wandsworth vulnerable lo external criticism. iona our s wellbeing, or disengagement. capaci ac poor Financial - an inability lo secure future income in line with plans with funders, supporters and partners. Plans for Future Periods I n the current year, the emphasis will be on regularising and expanding our services where possible. Beyond that we aim to focus on our longer term sustainability both financially and strategically.
Home-start Wandsworth Limited Trustees, Annual Report (Incorporating the Directors, Report) (continuedj Year Ended 30 June 2024 Structure Governance and Mana ement Constitution The company is registered as a charitable company limited by guarantee. The company is constituted under its Memorandum and Articles Of Association and is a registered charity, number 1124109. Organisation The Trustees oversee the work of the organisation to ensure that it is efficient, equitable and provides a quality service to all vulnerable families and children supported. We review our aims, objectives and activities each year. This review looks al what Was achieved and the outcomes of our work in the previous 12 months. The review looks al the success of each key activity and the benefits they have brought to those groups we are sel up lo help The review also ensures our aims, objectives and activities remain focused on our stated purposes. We refer to the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular. the Trustees consider how planned activities will contribute to the aims and objectives they have set. Method Of Appointment Or Election Of Trustees The Management of the company is the responsibility of the Trustees who are elected and coopted under the terms of the Memorandum and Articles Of Association. Management committee The charity has a Management committee made up of the Trustees who meet every 6 10 8 weeks and are responsible for the strategic direction and policy of the charity The Secretary, Linda Hayllar was also a Trustee up to her resignation on the 25th June 2024. The Managing Director is responsible for ensuring that the charity delivers the services specified and that the key performance indicators are met. The Managing Director has responsibility for the day to day operational management of service delivery. volunteer engagement and supetvision of all staff. All members of the Management Committee give their time voluntarily and receive no benefits from the charity. The Management Committee meets ils legal and financial responsibilities lo ensure it is efficient, reviews its policies, undertakes relevant governance training and supports and supervises the workforce to ensure a high quality of service is delivered. In so far as it is complementary to the charity's objectives, the charity is guided by both local and national policy. The Trustees have assessed the major risks lo which the charity is exposed and are satisfied that policies and systems are in place to miligale exposure lo these risks. Internal control risks are minimised by the implementation of procedures for aulhorisalion af all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the Home-slart Wandsworth off ice. Quality Assurance is reviewed on Home-slart Wandsworth and by Home-start UK every 3-4 years. Information On Fundraising Practices The charity is actively involved in fundraising activities either through donations from individuals and corporations or at fundraising events. Members of the public are only approached if the charity has had previous contact with them. In our Fundraising Strategy we confirm we will abide by the standards of the Fundraising Regulator. During the year ended 30 June 2024 the charity did not receive any complaints about its fundraising activities and practices.
Home-start Wandsworth Limited Trustees, Annual Report {Incorporating the Directors, Report) (continued) Year Ended 30 June 2024 Reference and Administrative Details Registered charity name Home-start Wandsworth Limited Charity registration number 1124109 Company registration number 06278007 Principal office and registered Baltersea Melhodisl Church office 20-22 York Road 2nd Floor London SW113QA The Trustees H Blenkinsop P Chauhan J Fergusson T Harris L Hayllar M Kinsella J Leung S Robertson H Stilgoe K Vetch S Wemyss J Yuksel (Appointed 1 November 2023) (Resigned 9 February 20241 (Appointed 1 November 2023} (Resigned 25 June 20241 {Resigned 1 November 2023) (Resigned 18 April 2024) (Resigned 24 May 2024} (Appointed 1 November 20231 Appointed since the year end B Rustad E Bowman N Salt S Twilchin T Tynan T Kamara (Appointed 1 January 2025} (Appointed 17 September 2024) (Appointed 17 September 2024} (Appointed 17 September 2024) (Appointed 17 September 2024) (Appointed 17 September 2024) Company Secretary L Hayllar {10 2516124), T Kamara (from 17191241 Independent Examiner Jane Ascroft FCA MA (Cantabl ntérprisé House Harmire Enterprise Park Barnard Castle County Durham DL12 8XP Small Company Provisions This report has been prepared in accordance with the provisions applicable to companies entitled lo the small companies exemption.
Home-start Wandsworth Limited Trustees, Annual Report (Incorporating the Directors, Report) (continued) Year Ended 30 June 2024 The Iruslees, annual report was approved on trustees by.. t4 ..rffv¢..102(3nd signed on behalf of the board of J Fergusson Trustee
41 It takes a village Impact report 202312024 ME STIRT Wandsworth
Our mission We imork with families to create an environment where young children can thrive. Early intervention Early childhood, the time from pregnancy to five, is fundamental in laying down the foundations for healthy development. 90 % of a child's brain develops by the age of five. During these critical years, children need nurturing and care from their parents and caregiver5 and a safe and happy environment to -thFIV&qaliPthr£1&ti05h1p5.t1FaÈ.sUrr0unhe5trprob1ernbec@mrntirfrSerl6o children and their experiences will determine their damaging and more difficult to address once a longer term outcomes. Exposure to stressors and person reaches adolescence or adulthood and cost adversity can impair a child's physical, cognitive, society billions of pounds everyyear. emotional and social growth. Failingto intervene at an early stage can lead to a multitude of negative consequences and damaging problems that affect children later in life, including: mental health problems, poor school attainment, unemployment and juvenile crime. We cannotsimplystand by and wait for problems to get worse before we intervene. Please help us to support vulnerable families and make sure that no child's future is limited, A key component of Home-start Wandsworth's support services is to provide preventative, early support, before problems escalate and families slip i nto crisis. 'Early intervention can help children andyoung people to develop the skills they need to live happy) healthy and successful lives. It con improve the qualityof children's home lives and family relationships, increase educational attainment ond support goodmental health., _ Early Intervention Foundation
It takes a village Parents today arefacing unprecedented challenges and many are at breaking point. As cited in a recent article published in The Guardian" 49 % of parents of under-fours said they had felt overwhelmed all or a lot of the time, 430/0 felt anxious, 36% unsupported and 26% lonely. One of the greatest stressors for families today is money, with even parentswell above the poverty line being forced to make difficult economic choices. However, it is notjust economic stressors that take their toll, parenting is intrinsicallystressful and many parents are isolated from the support of friends or family that is so vitally needed to raise children. Today,'the village,, which was once a staple in our community has all but d isi ntegrated. Here at Home-start Wandsworth we understand the power of community and that by coming together to support our children, we can create a better, brighter future for everyone. Home-start Wandsworth provides tailored, practical and emotional supportto vulnerable families with children underthe age offive, so that they can give their children the best possible start in life. We work with families who may be struggling with poor mental or physical health, isolation, financial hardship and post-natal depression. Our staff and trained volunteers work alongside parents to ensure that they have more happy days with their children and are more attuned and involved in their child's development. We help to rebuild confidence and self- esteem, enabling parents to acquire expertise and resilience that they can use in the future. hrough 0uronw.ttron¥trriE ' trained volunteers help families to build vital social connections within the local community. Our programme ofgroup activities, alleviate isolation and improve mental wellbeing by providing a safe environment forfamilies to come together, creating a sense of community and belonging. We aim to preventfamilies slipping into crisis and improve children's life chances. "htlps'.Ilwww.theguardi3n.comlcommentislreel2024lsep/15lparents-are-anxious- lonely-overwhelmingly-stre5sed-and-their-crisis-aflects-everyone
Issues facing families The chart below highlights the families, difficulties cited by referrersat thetime of referral to Home-start Wandsworth. Referral Reasons for Supported Families Copingwith Own Mental/Emotional Health Coping With Feeling Isolated Lack of Support Network Parent's Self-esteem The Day To Day Running Of The House Being Involved In The Children's Development Managing The Household Budget Copingwith Child's Emotional Health Copingwith Multiple Birth / Children Under 5 Managing Child's Behaviour Stress Caused By Conflict In The Family Copingwith Child's Physical Health Coping With Existing Children And Pregnancy Coping With Own Physical He8lth Coping With Pregnancy Related Anxiety Attending Antenatal Appointments 100/6 20% 30 40% 500/0 60% 70¢¥0 800 Oala.. l July 2023- 30 June 2024 We are seeing more and more parents needing support because they are struggling with: Mental health & wellbeing Loneliness & isolation 00- 3-70 % of families 65 % of families
"lam happy where l am now. My husband had knocked all my confidence and self-esteem but I now feel like I have found myself again. Fatima's story Fleeing from an abusive partner, Fatima and her youngchild were forced to leave theirfamily home. Plagued by low moods and self-esteem, terrified to leave her Uncle's house, and struggling to financially support herself and her son, Fatima was in desperate need of Home-start support. She was matched with Home-startvolunteer, Sienna. Sienna helped Fatima with practical tasks like accessing emergency benefits, visa applications, attending appointments for herson, who had suspected ASD, and a housing application, all of which she found too overwhelmingto do on herown. "Going to Home-start Wandsworth events has had such a positive effect on us. These events have distracted me from my constant negative thoughts and experiences. I now try to live in the present day and l am oble to think obout goals formy future." cripp anxie y,-fatiina despera wanted to get out into the community for her own mental wellbeing and also for herson. With Sienna's support, Fatima started to take herson to the local park, and on daytrips to a local farm. As Fatima's confidence i ncreased, she started to attend Home-start group activities on herown and they soon became part of her weekly routine. The peer support at Home-start groups was fundamental in helping Fatima combat the loneliness she was facing as a single parent. he extensive prac Ica p given was vi goes hand in hand with the emotional support that Fatirna also needed. Sienna was a listening ear and helped Fatima rebuild her confidence and self-esteem. Fatima's son is thriving at nursery and she feels betterequipped to support him following an ASD diagnosis. Fatima is studying from home. Her confidence has soared and she continues to engage with support services independently.
Support in numbers Family circumstances Ethnic background Lweparenl Black back4round '.$5 Nlxed ckgrojnd Asian back6Foynd Oiherwhite backgrout * Ivhiie Brlll$h Noi plodded 106 62 trained volunteers families supported Giving 192 children a •• 81 group activities 75 families accessed hubs (group support) 103 new referrals received .Daia'.lJuty202>30 June2024:
"Thankyou from the bottom of our hearts, forbeing a beacon of hope ondsupport forourfamilyduring our time of need. We will cherish the memories of kindness and generosityyou have shown us." Our impact We measurethe impact of ourwork for every family we support. Families are evaluated on a coping scale from 1-5 (I being the lowest level of coping and 5 being the highest) at three stages (initial visit, reviewvisit and at the end of Home-start support). The chart below shows the improvement in coping scores between the initial and last visit. The issues that saw the biggest improvement were 'coping with multiple children feeling supported by services, and 'coping with isolation. Percentage of families with improved scores after Home-start support Coping wth multiple birthlchildren under-5 Feel supported by seNices Iprofessionavcommunityi 830/0 Coping with child's physical health Being involved in the Children's development Support network help to cope with stressful times FeeLsupported by friends 8nd family Parents self-esteem Use of services Coping with own mental health Copingwith stress caused by conflict in the family Managing Children Coping with own physical health Feel supported by people in 8 similar situation Managing the household budget Managing the day-to-day running of the home Coping with child's mental health 63 096 1096 2096 3096 40% 500/0 6090 70% 80% 90% 1000/0 Data.. l July 2023- 30 June 2024
"Being referred to Home-start was the best thing that could have happened to me. I have met incredible and caring volunteers and have loved all the groups, activities and sessions that Home-startprovides. They have mode a reoldifference to mine andmy daughter's life. I feel much less isolated now thatl am part ofsuch a wonderful comrnunity. My confidence hasgrown andmy baby has hadso much fun and madeso manynew friends." Cara's story Lonely and isolated after leaving friends and family in Brazil, to relocate to the UK, Cara was struggling with her mental health, which was exacerbated followingthe birth of herson. 63 % of farnilies were referred to Home-start because they did not have a support network After a referral from the perinatal mental health team to Home-start Wandsworth's hubs programme, Cara started attending weekly group activities. Finding the confidence to attend a day trip with her baby to Kew Gardens, without the support of her partner, was a huge step forward forcara. Home-start's tailored, responsive support has been a lifeline to Cara, helping her regain her confidence and alleviate the isolation that often comeswith being a new mum. Cara relished the opportunity that Home-start gave herto connect with other local parents through weekly meetups at Home Community Café. She also attended a Home-start parenting coursewhich helped her confidence enormously as she could see the strength of the bond that she had created with her daughter. To boost her mental wellbeing, Cara also regularly attended Home-start walk and talksessions with one of our trained volunteers. Cara issuch an advocate for Home-start groups that she has started to lead play and stay sessions for other Home-start families.
Building supportive relationships The first fiveyears of a child's life are the most important in laying the foundations for learning, health, behaviour and relationships. The bond and attachment between babie5 and their parents is especially powerful. Our tailored support aims to foster positive parent- child relations by helping parents to be more attuned to and involved in their child's development. Through practical and emotional support, our Home- Start volunteers help parents build vital connections with theirchildren and encourage a supportive, home environment in which children can thrive. Ourvolunteers work alongside families, instilling confidence and self-esteem. Parents feel better equipped to deal with life stressors as a result, and acquire expertise and resilience that they can use in the future. of families felt more involved in their child's development Ourwarm and welcoming groups give parents the space and time to relax and reconnect with themselves and their children. "Attending hub events has been a lifeline to me. l am so lucky my boys are healthy, but they ore physically and mentally exhousting and with no opportunity to ever step away from caring for them. I look forward to hub events for the social contact andsupportive environment. Loneliness & isolation Lonelinessand isolation is a huge problem for many Home-start families. For some families they may not have friends and family nearby ortheir mental health may make it difficultto leave their house and form new relationships. Home-start Wandsworth connects familieswith volunteers, who support families to venture out into the community and build vital social connections. Carey and Clare are wonderful at making you feel welcome andhelpingyou connect with otherparents in a friendly low pressure space. The diverse events have exposed me and the children to activities I would nothave had the opportunityor courage to try olone, andgrown their confidence and mine." Our weekly structured meetups enable families to come together, chat and relax. The warm and welcomingenvironment help5 families to feel less isolated, more confident around new people and better ableto cope. As well as our regular meetups, we also organise daytrips and host topic-focussed workshops, which give our parents the chance to build theirskills and confidence. 95 % of families feel that attending Home-start groups has made them feel less lonely and isolated. 83% of families felt less isolated
Mental health "Home-start brought hope to my life, itmade me feel I was welcomed and belonged somewhere. I lost interest in life but these activities Made me look forward to the next day." Mental health problems are especially common during pregnancy and in the months after birth (estimated 200/0 ofwomen and IOO/o of men). It is believed that children of parents with a mental illness experience greater levels of emotional, psychological and behavioural problems than their peers. 700/0 of the parents we work with are trying to cope with a range of mental health difficulties including post-natal depression, isolation and anxiety. of parents felt they could cope better with their own mental health Home-start is there for parents, providing emotional support, helping to build their confidence and self- esteem and connecting them with other specialist local services e.g. perinatal mental health team, Talk Wandsworth and Cedar House, when necessary. Improving family circumstances 26 % ofchildren. in Wandsworth are living in poverty. Financial hardship in a child's earlyyears can have lifelong consequences, negatively impacting their early learning and development. Sadly many nevercatch up. We aim to build resilience, so parents are better equipped to deal with their financial and practical challenges. to signpost to specialist support services such as the Citizens Advice Bureau, housing, food banks and baby banks. to boost self-esteem, build confidence and improve mental health. 64% of Home-start families are believed to be living in poverty (defined as anyone livin with low income/receiving Universal Credit or living in temporary accommodation). After Home-start support, families feel better able to managetheir household budget162 %) and feel supported by professional / community senjices 186Wol. In our recent Cost of Living Survey, 100 % of the families who responded said that they had been impacted by the COL crisis and 54 % agreed significantly. l in 4 mums said theycould not afford to buy essential items like food, formula and nappies for their children. Through the winter rnonths, many of the families we support are having to make decisions between heating and eating. Nearly half of mums said they were skipping meals so that theirchildren did not have to. For many families the COL crisis has negatively impacted their mental health, increasing feeling5 of stress and anxiety. "https'.Iltrustforlondon.org.uk/datalboroughslwandsworth-poverty-and-inequality-indicatorsl
Our community We work in partnership with a number of charities and organisations to tackle the issues together that are important to families and communities. We were delighted that many were able tojoin us for our Community Day. We are incredibly lucky to have the generous support of funders, donors and corporate partners who enable us to continue our vital work in the local community. Whether it be sponsoring one of our fundraising events, donating raffle and auction prizes, volunteering on one of our family trips or donating much needed funds, our partners help to improve the lives of families living in Wandsworth. A special thank you to the following: Ascension Church Balham Bags of Taste Battersea Arts Centre Bellevue Law Cadent GC Gibson Charitable Trust Crew Energy Daisy First Aid Enable Garfield Weston Foundation Give itAway Henry Smith Home Community Cafe Intellimation Al John Lewis & Partners Landsec Futures Learn to Love to Read Kew Gardens National Lottery Community Fund Open Air Fit Papa Johns London Pears Foundation Savills SDS London stAnne's Church Wandsworth st Barnabas Church, Clapham st Luke's Church Battersea The Childhood Trust The Miles Trust Thomson Tyndall Victoria Convalescent Trust Wimbledon Foundation White Stuff Yoga Forever Trips and outings Man¥-of.the famlliekwe-e.tythe chance for a break. Time together as a family away from the day-to-day stresses at home can create preciou5 memories and strengthen bonds. Thankyou to Enable who funded our annual trip to West Wittering, and Kew Gardens for welcoming Home-start W3ndsworth families during the school half-term. We are also grateful to Batter5ea Arts Centre for providing space on a Tuesday morning for ourweekly meetups and Home Community Café for cooking a delicious meal for families at ourconnect sessions.
Mayor's charity "_7/--7 In May, we were delighted to have been selected as one ofsana Jafri, Mayor of Wandsworth's three chosen charities. We see this as a hugelyvaluable opportunityto shine a spotlight on the incredible work we do and lookforward to embarking on this journey alongside Sana and collaborating with Tooting Community Kitchen and Rackets Cubed. We will be hosting two fundraising events this yearin theAutumn and Spring in partnership with the Mayor's charities. Our volunteers A special thankyou to ourwonderful Home-start volunteers who are atthe heart ofeverythingwe do. Their dedication and compassion is unrivalled. Through our Spring and Autumn Volunteer Preparation courses we trained 27 new volunteers. We also h05ted training sessions covering safeguarding, peer support and child-centred outcomes. In June, we hosted a day of celebration to thank ourvolunteers. And finally, a special thank you to our staff and Board of trustees who go above and beyond to ensure that Home-start Wandsworth's vital works continues.
. 0000000000 "The support we received from our volunteer was invaluable. She offered me support in ways that no family member or friend was able to. She was kind, thoughtful and always made us feel comfortable like she was part of the family." GET IN TOUCH To find out more about the work that we do, fundraising, volunteering or partnering with us, please get in touch. T: 020 7924 5268 E: enquiries@homestartwandsworth.org.uk W: www.homestartwandsworth.org.uk 2nd Floor 20-22 York Road, Battersea, London SWII 3QA Charity no: 1124109 IkME STIRT Registered with FR FUNDRAISING REGULATOR Wandsworth
Home-start Wandsworth Limited Independent Examiner's Report to the Trustees of Home-start Wandsworth Limited Year Ended 30 June 2024 I report lo the trustees on my examination of the financial statements of Home-start Wandsworth Limited {'Ihe charity,) for Ihe year ended 30 June 2024. Responsibilities and Basis of Report As the trustees of the company {and also its directors for the purposes of company law} you are responsible for the preparation of the financial statements in accordance wilh the requiremenls of the Companies Act 20061'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, I report in respect of my examination of the charity s accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l In carrying out my examination I have followed the Directions given by th8 Charity Commission under section 14515)(b) of the 2011 Act, Independent Examiner's Statement Since the charity's gross income exceeded £250,000 your examiner mLtst be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accounlanls in England and Wales (ICAEW), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my allenlion in connection with the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial slatements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of Ihe 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 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}. 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 lo enable a proper understanding of the accounts e reac Jane Ascroft FCA MA Icanlab) Independent Examiner Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XP 21
Home-start Wandsworth Limited Statement of Financial Activities (including income and expenditure account) Year Ended 30 June 2024 2024 Restricted funds Total funds 2023 Unrestricted funds Total funds Note Income and endowments Donations and legacies Other trading activities Investment income 66,228 136,116 1,393 104,201 170,429 136,116 1,393 150,759 41,110 1638) 191,231 Total income 203,737 104,201 307,938 Expenditure Expenditure on raising funds: Costs of other trading activities Expenditure on charitable activities Total expenditure 63,088 140.770 63,088 244.971 9,534 268,491 9,10 104,201 203,858 104,201 308,059 278,025 Net expenditure and net movement in funds (1211 (121) 186,794) Reconciliation of funds Total funds brought forward Total funds carried forward 76,419 76,419 163,213 76,298 76,298 76,419 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activilies. The notes on pages 25 to 34 form part of these financial statements. 22
Home-start Wandsworth Limited Statement of Financlal Position 30 June 2024 2024 2023 Note Current Assets Debtors Cash at bank and in hand 14 1,400 85,850 400 86,481 87,250 86,881 Creditors: amounts falling due withln one year Net Current Assets 10,952 10,462 76,298 76,419 Total Assets Less Current Liabllities 76,298 78,419 Net Assets 76,298 76,419 Funds of the Charlty Unre5tricled funds 76,298 76,419 Total charity funds 17 76,298 76,419 For the year ending 30 June 2024 the charity was entitled lo exemption from audit under section 477 oflhe Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of ils financial statements for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prep8red in accordance with the provisions 8pplicable to companies subjecl to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on .71.fyty.L.Qo¥.r, and are signed on behalf of the board by.. J Fergusson Trustee The notes on pages 25 to 34 form part of these financial statements. 23
Home-start Wandsworth Limited Statement of Cash Flows Year Ended 30 June 2024 2024 2023 Cash Flows from Operating Activities Net expenditure (1211 (86.794) Adjustments for.. Other interest receivable and similar income Accrued lincome)lexpenses 11,3931 11,0301 638 2,850 Changes in.. Trade and other debtors Trade and other creditors 11,0001 1.520 (4001 7.612 Cash generated from operations 12,0241 176.094) Interest feceived 1.393 (6381 (76,732) Nel cash used in operating activities (6311 Net Decrease in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year (6311 86,481 (76,732) 85,850 (76,732) The notes on pages 25 to 34 form part of these financial statements. 24
Home-start Wandsworth Limited Notes to the Financial Statements Year Ended 30 June 2024 General Information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Baltersea Methodist Church, 20-22 York Road, 2nd Floor, London, SW11 3QA. Statement of Compliance These financial 51atemenls have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 102) (Charities SORP IFRS 102}) and the Companies Act 2006. Accounting Policies Basis of Preparation The financial statements have been prepared on the historical cost basis, as modified by Ihe revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial slatements are prepared in sterling, which is the functional currency of the entity. Going Concern There are no material uncertainties about the charity's ability lo continue. Judgements and Key Sources of Estimation Uncertainty The preparation of the financial statements requires rnanagemenl to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The trustees consider that there are no significant estimates or judgements affecting these financial stalemenls. Fund Accounting Unrestricted funds are available for use al the discretion of the trustees to further any of the harrty¥purpose Designated funds are unreslricled funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. 25
Home-start Wandsworth Limited Notes to the Financial Statements (continued) Year Ended 30 June 2024 Accounting Policies (continued) Income All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of enlillement to the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted seNice. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and relurned if unspent, in which case it may be regarded as restricted, Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which il relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading aclivilies, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the y0parLOLLtXpendl1ur.eCbarItab1e activitie All costs are allocated lo expenditure categories reflecting the use of the resource Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute lo on a reasonable, justifiable and consistent basis. Financial Instruments The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value. 26
Home-start Wandsworth Limited Notes to the Financial Statements (continued) Year Ended 30 June 2024 Accounting Policies {¢ontinuedJ Defined Contribution Plans Conlributions lo defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting dale in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Debtors Trade and other debtors are recognised al the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included al the best estimate of the amounts receivable at the balance she8t date. Cash at Bank and in Hand Cash al bank and cash in hand includes cash and short tem highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due lo sellle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. Taxation The company is considered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the company is potentially exempl from laxalion in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such ornworgain>are-applied exclusively.to charTtable purpose Limited by Guarantee The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respecl of the guarantee is limited to £1 per member of the company. 27
Home-start Wandsworth Limited Notes to the Financial Statements (continuedj Year Ended 30 June 2024 Donations and Legacies Unrestricted Funds Reslricled Total Funds Funds 2024 Donations Donations Giftaid 46,625 12,071 46.625 12.071 Grants National Lottery Community Fund Henry Smith Charity Wimbledon Foundation Pears Breathing Space The Miles Trust Roehamplon University Play Based Measures Enable G C Gibson Trust Cadent Garfield Weston Land Securities Barrati The Big Give 31,173 35,000 10,000 8,800 1,340 {300> 1,000 31,173 35,000 10.000 8,800 1,340 1300) 1,000 3,000 2,188 15,000 2,000 1,500 1,032 3.000 2,188 15,000 2.000 1,500 1,032 68,228 104,201 170,429 Unrestricted Funds Reslricled Total Funds Funds 2023 Donations Donations 79,715 79,715 Grants National Lottery Community Fund Henry Smith Charity Wimbledon Foundation Pears Breathing Space The Miles Trust While Stuff via HSUK Roehampton University Play Based Measures 25,356 35,000 25,356 35,000 1,200 1.000 1,300 1,200 1,000 1,300 The London Community Foundation G C Gibson Trust Cadenl 1,000 3,000 1,000 3,000 2,188 2,188 83,715 67,044 150,759 28
Home-start Wandsworth Limited Notes to the Financial Statements (continuedj Year Ended 30 June 2024 Other Trading Activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 May Ball Annual Quiz Carol Service Sponsored Events Other events 98,637 19,752 12,014 5,708 98,637 19,752 12,014 5,708 4,003 19,998 9,079 7,935 95 4,003 19,998 9,079 7,935 95 136,116 136,116 41,110 41,110 Investment Income Unrestricted Total Funds Urirestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 1,393 1,393 16381 1638> Costs of Other Trading Activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Fundraising costs 63,088 63,088 9,534 9,534 Exp8nditur@ on Charitable Activities by Fund Type Unrestricted Funds Restricted Total Funds Funds 2024 Costs of charitable activities Support costs 138,104 2,666 104,201 242.305 2,666 140,770 104,201 244,971 Unreslricled Funds Reslricled Total Funds Funds 2023 Costs of charitable activities Support costs 197,439 4,008 67.044 264,483 4,008 201,447 87,044 268,491 29
Home-start Wandsworth Limited Notes to the Financial Statements (continued) Year Ended 30 June 2024 10. Expenditure on Charitable Activities by Activity Type Activities undertaken directly Support costs Total funds 2024 Total fund 2023 Costs of charitable activities Governance costs 242,305 242,305 2,666 264,483 4,008 2,666 242,305 2,666 244.971 268,491 11. Independent Examination Fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial slalements 1,320 4,008 12. Staff Costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security costs Employer contributions lo pension plans 186,789 7,769 11.911 201,326 9,188 11,492 206,469 222.006 The average heacl count of employees during the year was 1012023.. 101. The average number of full-lime equivalent employees during the year is analysed as follows.. 2024 No. 2023 Other staff 10 No employee received employee benefits of more than £60,000 during the year12023'. Nill. Key Management Personnel maAagemenl-personnel-inc1uda1l-PeFS0ns that havtrauthoritf8ntrFe8pon8ibtlitHor planning. directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided lo the charity was £34,203 (2023 £42,000}. 13. Trustee Remuneration and Expenses No trustees received any remuneration or expenses in the current or previous year. 14. Debtors 2024 2023 Trade debtors 1,400 400 30
Home-start Wandsworth Limited Notes to the Financial Statements (contlnuèd) Year Ended 30 June 2024 15. Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes Other creditors 4.730 1,820 2.594 1,808 3,796 2,850 2,001 1,815 10,952 10.462 16. Pensions and Other Post Retirement Benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £11,91112023'. £11,492). 17. Analysis of Charitable Funds Unrestricted funds At Income Expenditure 30 June 2024 It 1 July 2023 General funds Big Give 76,419 202,705 1,032 {202,826) 11,0321 1203,858) 76,298 76,419 203,737 76,298 At Income Expenditure 30 June 2023 111 July 2022 General funds 163,213 124,187 1210,9811 1210,9811 76,419 163,213 124,187 76.419 31
Home-start Wandsworth Limited Notes to the Financial Statements (continued) Year Ended 30 June 2024 17. Analysis of Charitable Funds (continuéd) Restricted funds At Income Expenditure 30 June 2024 It 1 July 2023 National Lottery Community Fund Henry Smith Charity Wimbledon Foundation Pears Breathing Space The Miles Trust Roehampton University Play Based Measures Enable Garfield Weston Cadent 31,173 35,000 10,000 8,800 1,340 {31.1731 {35,0001 {10,0001 18,800) 11,340) (3001 1,000 15,000 2,188 300 11,0001 115,000) (2,1881 (104,201) 104.201 At Income Expenditure 30 June 2023 It 1 July 2022 National Lottery Community Fund Henry Smith Charity Wimbledon Foundation Pears Breathing Space The Miles Trust White Stuff via HSUK Roehampton University Play Based Measures Enable Cadenl 25,356 35,000 125,3561 135,0001 1,200 1,000 11,200} 11,000) 1,300 1,000 2,188 67,044 11,300) 11,000} 12,188} 167,0441 32
Home-start Wandsworth Limited Notes to the Financial Statements {¢ontinuedJ Year Ended 30 June 2024 17. Analysis of Charitable Fu nds (continued) National Lottery Fund This represenls funding for core activities and for use for our group work. Henry Smith Charity This grant represents the project 'lmproving Lives" which supports vulnerable families with at least one child under five years old in the London Borough of Wandsworth. Wimbledon Foundation The grant was applied for to fund our Bump lo Baby work - this is specific individual support managed by one of our coordinators supporting mothers expecting babies, and who are likely lo need our support after birth. Mlles Trust We applied to the Miles Trust for a small grant for staff and volunteer training specifically the costs of providing our Volunteer Preparation Course which all new and returning volunteers must allend before being matched lo a beneficiary family. In 2023, the Miles Trust has also supported a Community Event Pears Breathing Space Fund This was a grant for salary costs for general purposes and Bump to Baby coordinators for a period of two months White Stuff via HSUK This represents a grant for the provision of Warm Spaces. Roehampton University This source of income represents funding for the participation in a study into play-based measures. Enable This is funding for travel costs for summer volunteers and family trips. Garfield Weston This is funding for core costs. Cadent This is funding for the Warm Spaces project. 33
Home-start Wandsworth Limited Notes to the Financial Statements (conrinued) Year Ended 30 June 2024 18. Analysis of Net Assets Between Funds Unrestricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assets 87,250 {10,9521 76.298 87.250 (10,952) 76,298 Unrestricted Total Funds Funds 2023 Current assets Creditors less than 1 year Net assets 86,881 (10,4621 76,419 86,881 {10,4621 76,419 19. Analysis of Changes in Net Debt At At 1 Jul 2023 Cash flows 30 Jun 2024 Cash al bank and in hand 86,481 16311 85,850 20. Related Parties During the year, total donations of £3,520 (2023.. £35,477) were received from 4 12023.. 5) Trustees. 34
Home-start Wandsworth Limited Management Information Year Ended 30 June 2024 The Following Pages Do Not Form Part of the Financial Statements. 35
Home-start Wandsworth Limited Detailed Statement of Financial Activities Year Ended 30 June 2024 2024 2023 Income and endowments Donations and legacies Donations Gift aid National Lollery Community Fund Henry Smith Charity Vvimbledon Foundation Pears Breathing Space The Miles Trust White Stuff via HSUK Roehampton University Play Based Measures Enable The London Community Foundation G C Gibson Trust Cadent Garfield Weston Land Securities Barralt The Big Give 46,625 12,071 31,173 35,000 10,000 8,800 1,340 79,715 25,356 35,000 1,200 1,000 1,300 1,000 1.000 3.000 2.188 {3001 1.000 3,000 2,188 15,000 2,000 1,500 1,032 170.429 150,759 Other trading activities May Ball Annual Quiz Carol Setvice Marathon Other events 98,637 19,752 12,014 5.708 4,003 19,998 9,079 7,935 95 136,116 41,110 Investment income Bank interest receivable 1.393 {6381 Total income 307,938 191,231 36
Home-start Wandsworth Limited Detailed Statement of Financial Activities (continued) Year Ended 30 June 2024 2024 2023 Expenditure Fundraising costs May ball costs Quiz costs Carol Service costs Other fundraising costs 53,076 6,189 1.182 2.641 1,000 7,341 500 693 63,088 9,534 Expenditure on charitable activities Costs of charitable activities Wages & salaries Employer's NIC Pension costs Rent Small equipment I nsurance Hubs Membership & accountancy fees Telephone & internet IT software & consumables Recruitment, training & DBS checks Other expenses 186,789 7,769 11,911 12,866 191 1.090 6,284 1,188 2,369 2,446 5,932 3,470 201,326 9,188 11,492 12,219 1,439 1,284 8,068 3,000 3,024 3,627 6,075 3,741 242,305 264,483 Governance costs Accountancy fees 2,666 4,008 Expenditu re on charitable activities 244,971 268,491 Total expenditure 308,059 278,025 Net expenditure 11211 (86,794} 37
Home-start Wandsworth Limited Statement of Financial Position 30 June 2024 2024 2023 Note Current Assets Debtors Cash at bank and in hand 14 1,400 85.850 400 86,481 87,250 86,881 Creditors: amounts falling due within one year Net Current Assets 15 10.952 10,462 76,298 76,419 Total Assets Less Current Liabilities 76,298 76,298 76,419 Net Assets 76,419 Funds of the Charity Unrestricted funds 76,298 76,419 Total charity funds 76.298 76,419 For the year ending 30 June 2024 the charity was entitled to exemption from audit under section 477 ofthe Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of its financial slalements for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject lo the small companies, regime. These financial statements were approved by the board of Iruslees and aulhorised for issue on and are signed on behalf of the board by.. J Fergusson Trustee The notes on pages 25 to 34 form part of these financial statements. 23