Registered number: 5618486 Charity number: 1128932
## **HOME-START RUNNYMEDE AND WOKING**
(a company limited by guarantee)
**Unaudited Report and Financial Statements for the year ended 31[st] March 2025**
## **HOME-START RUNNYMEDE AND WOKING**
|**Contents**|**Page**|
|---|---|
|Reference and administrative information|1|
|Report of the trustees|2-6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes forming part of the financial statements|9-17|
|Independent examiner’s report|18|
## **HOME-START RUNNYMEDE AND WOKING**
**Reference and administrative information for the year ended 31 March 2025**
Home-Start Runnymede **Company Name** and Woking **Company Number** 5618486 **Charity Number** 1128932 **Registered Office** 1[st] Floor, Foxwell House Chobham Road Ottershaw Chertsey KT16 0NL **Trustees** Michael Parker (Chair) Trevor Pound (Treasurer) Michael Griffiths Claire Hamilton-Taylor Christopher Maccallum Joanna McKenzie Gemma Niebieszczanski Sally Evans Scheme Director Sarah Beasley
**1**
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees for the year ended 31 March 2025**
The trustees, who are also the directors of the charity for the purpose of the Companies Act 2006, are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities, and Financial Reporting Standard 102.
## **Constitution**
Home-Start Runnymede and Woking is a company limited by guarantee and a registered charity governed by its memorandum and articles of association.
## **Directors and Trustees**
The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.
The trustees' liability is limited to £1, provided that they do not act negligently, or fraudulently, and do not allow the charity to continue when it is insolvent.
Trustees are recruited from the general public through the auspices of the Local Voluntary Service Bureau, from the bank of home visiting volunteers and from families who have received our service. A prospective trustee will receive an initial introduction to the work of the company, followed by an informal interview with two existing trustees. Following the receipt of two satisfactory references, the prospective trustee is proposed for election at a subsequent meeting of directors.
**The Trustees serving during the year and since the year-end were as follows:-**
Michael Parker Chair Trevor Pound Treasurer Claire Hamilton-Taylor (resigned 21 July 2025) Olivia Matthews (resigned 7 February 2025) Joanna McKenzie Michael Griffiths Gemma Niebieszczanski Christopher Maccallum Sally Evans (appointed 6 September 2024) Giles Maltby (appointed 6 December 2023; resigned 19 July 2024)
The trustees meet every eight weeks with some preparatory work carried out by sub committees. Day to day management of the charity is delegated to the employees.
2
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees cont’d for the year ended 31 March 2025**
## **Objectives of the charity**
Home-Start Runnymede and Woking (Home-Start RAW) is a family support charity that provides a free service to families who live in the boroughs of Runnymede and Woking. Families who have at least one child under five, and who are experiencing difficult times in their lives and are seeking support to get through them, are referred to the charity. This can be through Health Visitors, Support Agencies, Statutory Services, Surrey’s Early Help Hub or via self-referral. Trained volunteers or staff are carefully matched with the family and offer regular support, practical help, guidance and sign-posting to parents in their own homes and as they go about their activities. The support is tailored to the individual needs of the family in order to support and empower them in moving forwards towards agreed outcomes. Families may be struggling for a wide variety of reasons and Home-Start Runnymede and Woking aims to help, support and empower parents to tackle these challenges positively. Our aim is to ensure that every child has the best possible start in life that they can have.
The principal sources of funding are described in Note 2 of the Financial Statement. Expenditure is utilised to support the objectives of the charity.
The trustees have carefully considered the Charity Commission’s guidance on reporting public benefit in planning what activities the charity undertakes.
## **Developments, activities and achievements**
The team continues to provide knowledgeable and skilled advice and support to hundreds of local families who need it. As at the 31[st] March 2025, the staff team was comprised of a Director, overseeing the work of the staff, liaising with other organisations and representing the charity within 25 hours per week, two Family Support Co-ordinators (54 hours/week), one of whom is also the Perinatal Lead and the other is the Additional Needs Lead, who share the family caseload between them, and two Family Support Workers (36 hours/week), who can offer immediate and short-term support to families. Our Administrator works 15hrs/week and manages the office whilst supporting the work of the charity with bookkeeping and database management.
In many ways, this year was a year of consolidation as we adapted to our reduced capacity, necessitated by the loss of three local authority contracts in the previous financial year and the ongoing cost of living crisis. The impact of the reduction in staffing (due to funding cuts) and reduction in volunteer numbers (due to the cost of living crisis) cannot be overstated. The whole team has felt the strain of 12 months of trying to allocate resource support in a way that leaves as few families as possible without support. Despite this, the team has been very resilient and our referrers understanding of the challenging environment we are operating in. We continue to focus our support on prevention and early intervention, but have accepted some referrals for families on Child in Need plans when we felt our organisation was best placed to provide the support that the family needed.
There has been a noticeable increase in the complexity of need for the families referred to us, even at an ‘Early intervention/Emerging Needs’ level. A greater number of families are living in inappropriate and/or insecure housing, and high numbers are living in financial hardship and/or debt. Mental health issues continue to affect the majority of families referred to us (87%). More families are isolated, without a support network and unable to access community support and services without help. One consequence of this increase in complexity of need is
3
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees cont’d for the year ended 31 March 2025**
that there has been a lower turnover of families for the Family Support Workers, as families require support for longer.
We have launched a new project (‘Signposting and onward referrals’) to ensure that the often significant amount of staff time taken up with this work is accurately recorded and can be reported to funders.
In order to ensure as many families could access our support despite the reduced staffing levels, we have continued to invest in our group support activity. We continue to run five weekly groups. These groups are:
- Baby Bubble Addlestone
- Baby Bubble Egham
- Baby Bubble Woking
- Play & Learn Plus
- Thursday Tots
Some families receive one-to-one support in the home as well as attending one of our groups, some families will receive a short period of home-visiting support and be supported to attend a group, and some families just attend a group. The benefits of our groups include: reducing isolation and loneliness, improving children’s social and communication skills, improving emotional wellbeing of parents and providing a space where parents can speak to Home-Start staff and other local professionals about additional support and services that their family can access.
Feedback from families continues to be very good, and attendance at our groups has grown steadily through the year. Our culture remains very much aimed at prevention and early intervention where possible.
- A total of 213 families were supported during the year
- 98 families were supported 1:1 in their homes
- 146 families were supported in groups
- 25 families were supported by our signposting and onward referral project (a new project launched this year)
- 97% of families report that their parenting has improved as a result of Home-Start support
- 100% of families report being less isolated as a result of Home-Start support
- 95% of families report that parent well-being improved as a result of Home-Start support
- 100% of families report that children’s well-being improved as a result of Home-Start support
- 100% of families report that they are better able to access local and specialist services as a result of Home-Start support
We are so grateful to our team of exceptional volunteers who give their time freely to support local families. Many of our volunteers have lived experience of the needs of the families referred to us, and others have professional experience supporting families. Whatever their experience, they offer so much and make an incredible impact.
4
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees cont’d for the year ended 31 March 2025**
The biggest challenge of the year has been the shortage, and reduction, of volunteers. The majority of volunteers that have left have done so for financial reasons (taking on more paid work or providing childcare for grandchildren). There has been significant additional pressure placed on staff to support families directly, leading to high numbers of families supported under the ‘Crisis’ project. The challenge of volunteer recruitment and retention is one faced by other Home-Starts nationally, as well as many local voluntary organisations. Our target for the year ahead is to rebuild our team and support as many families as possible with one-to-one volunteer support.
The trustees are very appreciative of the flexibility demonstrated by the staff in delivering such a professional service in the face of so many demands upon their time.
Despite the challenges of the year, our partnership working has remained strong, which benefits the families accessing our services. Staff attend regular multi-agency meetings, focusing on safeguarding, early years, additional needs, cost of living and mental health. Partnership working has enabled us to better meet the needs of local families through joint initiatives, focus groups influencing public policy and raising awareness to local need.
Our partnership with West Byfleet Golf Club brought in significant funds and raised awareness of our work in the local community. We are grateful for all the time and efforts that the club captains and charity committee put into fundraising. The funds raised made a significant impact, particularly after our local authority cuts.
We have continued to work closely with other local organisations to ensure that the families in our area have the support they need – this includes referrals to food banks, group support, applications for specialist equipment and hardship grants.
As part of our consortium with other Home-Starts in Surrey, we were delighted to receive 5 year funding for the Dad Matters Surrey project. This funding will enable the project to move past the pilot stage and towards county-wide expansion. We have now recruited a new Project Lead who will take on the day-to-day operational role of the project. Our Scheme Director, along with the Scheme Director from Home-Start Elmbridge, have been actively involved in this next stage of the project and will move to providing advisory support. We have recruited a Steering Group Lead who is building a team to support the running of the project. As we look ahead into 2025/26 we are pleased that our support will include an offer dedicated to Dads and their needs.
## **Review of financial affairs**
After the extreme financial challenges faced in the prior year, which necessitated a reduction in headcount, the year under report saw a return to some degree of financial stability. That said, income, at £168,438* was actually down year on year reflecting the increasingly challenging funding environment the charity faces as a result of the broader financial backdrop. Although expenditure of £177,530 was reduced by 17% from the prior year, it exceeded income and the charity recorded a loss for the year of £9,092. Reserves at the end of the year totalled £103,580.
5
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees cont’d for the year ended 31 March 2025**
[* a sum of £20,000 that was scheduled to be received under a multi-year grant in the 2025/26 financial year was actually received on the last day of the year under report. The trustees agreed that this sum should be recorded as deferred income – see note 5 to the accounts – as, given its size, to include it within the 2024/25 income total would materially distort the true financial position of the charity]
The exploration of different funding avenues is becoming an ever increasing priority for the trustees. At the same time, the trustees continue to monitor carefully any financial commitments being taken on to ensure that outgoings remain aligned to projected income and activity is consistent with the charity’s reserves.
## **Reserves Policy and the Trustees’ responsibilities**
There were ten members comprising the Board of Trustees for the period. The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise that are subject to regular review. They are also responsible for keeping proper accounting records which outline, with reasonable accuracy at any time, the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the detection and prevention of fraud and other irregularities.
The trustees have agreed that the scheme targets a level of reserves to cover anticipated running costs of 6 months, but, in any event, that sufficient reserves are maintained in realisable form to meet all its contractual obligations at any time including any termination costs.
Company and charity law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing the financial statements the trustees have made judgements and estimates that are reasonable and prudent and have prepared them on a going concern basis.
The financial statements presented here are in accordance with the special provisions of the Companies Act 2006 relating to small charitable companies. They comply with the charity’s governing document, the Charities Act 2011 and the applicable Charities (Accounts and Reporting) Regulations.
This report was approved by the trustees on 12[th] September 2025 and signed on their behalf by:
**Michael Parker Chair**
6
## **HOME-START RUNNYMEDE AND WOKING**
## **Statement of Financial Activities For the year ended 31 March 2025**
|**Notes**
**INCOMING RESOURCES**
**Incoming resources from**
**generated funds:**
Grants, donations and
fund-raising
**2**
Investment Income
**Total Incoming**
**Resources**
**RESOURCES EXPENDED**
**Costs of generating**
**funds:**
Direct Charitable
expenditure
**Governance costs**
**Total Expenditure**
**3**
**Net income (deficit) for**
**the year**
**RECONCILIATION OF FUNDS**
Brought forward
Net income (deficit) for
the year
**Total Funds at 31 March**
**2025**
**7**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total 2025**
**Total 2024**
£
£
£
£
97,285
68,711
165,996
187,267
2,442
-
2,442
2,135|
|---|---|
||99,727
68,711
**168,438**
**189,402**|
||87,884
89,546
177,430
213,220
100
-
100
100|
||87,984
89,546
**177,530**
**213,320**|
||11,743
(20,835)
**(9,092)**
**(23,918)**|
||75,629
37,043
112,672
136,590
11,743
(20,835)
(9,092)
(23,918)|
||**87,372**
**16,208**
**103,580**
**112,672**|
7
## **HOME-START RUNNYMEDE AND WOKING**
|**Balance Sheet**
**As at 31 March 2025**
**Notes**
**Assets**
Cash at Bank and in Hand
Current Accounts
Savings Accounts
Cash in hand
Prepayments and grants receivable
**4**
**Amounts falling due within one year**
**5**
**Provisions**
**6**
**Net Current Assets**
**Represented by**
Unrestricted Funds
**7**
Restricted Funds
**7**|**2025**
**£**
**£**
25,765
96,746
-
122,511
1,863
**124,374**
(20,276)
(20,276)
(518)
**103,580**
87,372
16,208
**103,580**|**2025**
**£**
**£**
25,765
96,746
-
122,511
1,863
**124,374**
(20,276)
(20,276)
(518)
**103,580**
87,372
16,208
**103,580**|**2024**
**£**
**£**
26,245
85,063
8
111,316
1,813
**113,129**
(276)
(276)
(181)
**112,672**
75,629
37,043
**112,672**|**2024**
**£**
**£**
26,245
85,063
8
111,316
1,813
**113,129**
(276)
(276)
(181)
**112,672**
75,629
37,043
**112,672**|
|---|---|---|---|---|
||(20,276)||(276)||
|||**124,374**
(20,276)
(518)||**113,129**
(276)
(181)|
||||
||
|||**103,580**||**112,672**|
|||87,372
16,208||75,629
37,043|
|||**103,580**||**112,672**|
The trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of Section 477 of the Companies Act 2006 and members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Act. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Financial Statements were approved by the trustees on 12[th] September 2025 and signed on their behalf, by:
**Trevor Pound Treasurer**
8
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2025**
## **1. Accounting Policies**
## **The following accounting policies were used consistently:**
## **Accounting Basis:**
The financial statements have been prepared under the historical cost basis. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Fund Accounting:**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **Grants:**
Grants received are credited to the Financial Activities when they are receivable, split between restricted and unrestricted funds.
## **Resources expended:**
All expenditure is accounted for on an accruals basis, inclusive of VAT and has been classified under headings that aggregate all costs related to that category. The value of volunteers’ time has not been reflected in the accounts.
## **Fixed assets:**
Where fixed assets have been acquired by grants received, the cost is netted against the grant. Any surplus grants are treated as restricted funds. Fixed assets totalling £599 (2024: £nil) were acquired during the year.
9
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2025**
## **2. Grants, Donations and fund-raising:**
|**nts, Donations and fund-raising:**|||
|---|---|---|
||**2025**
|**2024**|
||**£**
|**£**|
|**Unrestricted**|||
|Henry Smith Charitable Foundation|40,000|-|
|West Byfleet Golf Club|25,000|-|
|Surrey County Council|-|37,472|
|Dell Corporation|10,276|-|
|John Lewis / Waitrose|4,675|-|
|Woking Borough Council|250|10,000|
|29thMay 1961 Charitable Trust|-|3,000|
|Community Foundation for Surrey|-|15,000|
|Various private donations and Fund-|||
|raisingevents|17,084|11,091|
|**Total**|**97,285**|**76,563**|
|**Restricted**|||
|Barnados|7,500|-|
|The National Lottery|-|29,108|
|Community Foundation for Surrey|7,000|-|
|Cadent|4,375|-|
|Sothern Gas Network|8,604|-|
|Souter Charitable Trust|-|3,000|
|Albert Hunt Trust|-|5,000|
|Byfleet United Charity|3,500|-|
|Surrey Community Action|2,000|3,000|
|Surrey County Council|-|28,346|
|HSUK|-|14,375|
|Heathrow Community|7,500|4,500|
|Runnymede Council|6,240|9,858|
|Ottershaw Community Partnership|500|-|
|St Faiths|3,125|3,125|
|Tesco Groundwork|375|1,125|
|Co-operative|-|1,636|
|University of Winchester|-|560|
|Catalyst|16,500|-|
|John Beane’s Charity|1,492|1,402|
|Private donations||5,669|
|**Total**|**68,711**|**110,704**|
|**Total**|**165,996**|**187,267**|
As per Note 1, under current accounting practice, fixed assets acquired by grants received are netted against the relevant grant. Gross donations from Surrey County Council £599 (2024: £28,346).
10
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2025**
|**3. Analysis of expenditure:**
**Charitable activities:**
**Direct**:
Salaries, NI & Pensions (note 10)
Staff/Volunteer expenses
Recruitment expenses
Training
Group costs
Direct expenditure on families
Dad Matters expenses
Interest on pension deficit
Change in assumptions – pension
deficit
Amendments to contributions
schedule
Trustee expenses
**Indirect**:
Office Rent
Telephone, IT, Office costs
Fee to Home-Start UK
Insurance
Stationery & postage
Advertising +PR
Fundraising costs
Other office costs
Bank charges
Payroll/Pension costs
Sub-total: charitable activities
**Governance:**
Independent examination
Annual report, AGM, etc.
Sub-total: governance
**Total Expenditure**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**£**
57,220
77,880
135,100
168,611
975
2,794
3,769
5,797
-
-
-
518
614
-
614
114
-
1,438
1,438
-
-
2,361
2,361
2,459
-
4,051
4,051
7,287
-
5
5
15
-
3
3
-
-
-
514
514
-
84
-
84
-
7,678
-
7,678
6,529
9,123
500
9,623
7,400
3,349
-
3,349
2,974
904
-
904
1,154
62
-
62
515
899
-
899
372 3
9
5,125
-
5,125
8,859 ,
931
-
931
451
60
-
60
60
860
-
860
105
87,884
89,546
**177,430**
**213,220**
-
-
-
-
100
-
100
100
100
-
100
100
87,984
89,546
**177,530**
**213,320**|
|---|---|
11
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements For the year ended 31 March 2025**
|**4. Prepayments and grants receivable:**
Prepayment for insurance
Rent
**Total**
**5. Liabilities-: amounts failing due within one year:**
Deferred income
Provision for office costs
Provision for Pension Fund contributions
**Total**
**6. Provisions:**
Provision for pension deficit (note 8)
**Total**|**2025**
**2024**
**£**
**£**
238
188
1,625
1,625|
|---|---|
||**1,863**
**1,813**|
||**2025**
**2024**
**£**
**£**
20,000
-
276
276
-
-|
||**20,276**
**276**|
||**2025**
**2024**
**£**
**£**
518
181|
||**518**
**181**|
12
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2025**
## **7. Movement in funds:**
|**Unrestricted**
General fund
**Restricted**
Other
Provision for
pension deficit
**Total**|**At 1 April**
**2024**
**Incoming**
**resources**
**Outgoing**
**resources**
**Transfers**
**between**
**reserves**
**At 31 March**
**2025**
**£**
**£**
**£**
**£**
**£**
75,629
99,727
(87,984)
-
87,372|
|---|---|
||37,224
68,711
(89,209)
-
16,726
(181)
-
(337)
-
(518)|
||37,043
68,711
(89,546)
-
16,208|
|||
||112,672
168,438
(177,530)
-
103,580|
13
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2025**
## **8. Membership of Pension Fund:**
- (i) **Introduction**
The company participates in the scheme, a multi-employer scheme which provides benefits to some 521 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.
The scheme is classified as a 'last-man standing arrangement'. Therefore the charity is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2023. This valuation showed assets of £514.9m, liabilities of £531.0m and a deficit of £16.1m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows:
Deficit contributions: From 1 April 2025 to 31 March 2028 £2,100,000 per annum (payable monthly)
Unless a concession has been agreed with the Trustee the term to 31 March 2028 applies.
Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee asked the participating employers to pay additional contributions to the scheme as follows:
Deficit contributions:
From 1 April 2022 to 31 January 2025: £3,312,000 per annum (payable monthly)
14
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements For the year ended 31 March 2025**
The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities.
Where the scheme is in deficit and where the charity has agreed to a deficit funding arrangement the charity recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost .
## (ii) **Specific to the charity**
|||**31 March 2025 31**|**31 March 2025 31**|**March 2024**|**March 2024**|
|---|---|---|---|---|---|
||||**(£s)**|**(£s)**||
|(a)|Present value of provision||£518|£181||
|(b)|Reconciliation of the opening and closing provisions|||||
|||**31 March**|**2025**|**31 March**|**2024**|
|||**(£s)**||**(£s)**||
||Provision at start of period||181||388|
||Unwinding of the discount factor (interest expense)||5||15|
||Deficit contribution paid||(185)||(222)|
||Remeasurements - impact of any change in assumptions||3||-|
||Remeasurements – amendments to the contributions
schedule||514||-|
||Provision at end of period||518||181|
|(c.)|Income and expenditure impact|||||
|||**31 March**|**2025**|**31 March**|**2024**|
|||**(£s)**||**(£s)**||
||Interest expense||5||15|
||Remeasurements – impact of any change in assumptions||3||-|
||Remeasurements – amendments to the contributions
schedule||514||-|
15
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2025**
## (d) Assumptions
|Assumptions|||||
|---|---|---|---|---|
||**31**|**March 2025**|**31 March 2024**|**31 March 2023 %**|
||**%**|**per annum**|**% per annum**|**per annum**|
|Rate of discount||4.84|5.31|5.52|
The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.
## (e)Deficit contribution schedule
The following schedule details the deficit contributions agreed between the charity and the scheme at each year end period:
|**Year**|**ending**|**31**|**March**
**(£s)**|**2025**|**31**|**March**
**(£s)**|**2024**|**31**|**March**
**(£s)**|**2023**|
|---|---|---|---|---|---|---|---|---|---|---|
|Year|1|||185|||185|||222|
|Year|2|||185|||-|||185|
|Year|3|||185|||-|||-|
These contributions have been used to derive the charity’s balance sheet liability.
## (f) Contingent liability
The potential liability of the charity of the pension scheme deficit following withdrawal from the scheme is £4,591 (2024: £4,281).
16
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements For the year ended 31 March 2025**
## **9. Trustees remuneration and related parties**
None of the trustees received any remuneration during the year
Expenses in the year were £84 (2024: £nil).
## **10. Staff costs and emoluments:**
|Gross salaries
Termination award
Employer’s National Insurance
Employers’ pensions contributions
Total|**2025**
**2024**
**£**
**£**
124,074
164,797
-
9,926
4,631
8,014
6,395
8,209|
|---|---|
||**135,100**
**190,946**|
Included in the above figures are gross salaries and emoluments of £nil (2024: £22,516) in respect of the charity’s share of the cost of staff contracted specifically for the duration of the Dad Matters project and which are included in those costs in the SOFA.
## **11. Employee numbers**
At 31 March 2025, there were 6 part time employees (2024:5).
17
## _**HOME-START RUNNYMEDE AND WOKING**_
## _**Independent examiner’s report to the trustees of Home-Start Runnymede and Woking for the year ended 31 March 2025**_
_I report on the accounts for the year ended 31 March 2025 set out on pages 5 to 16._
## _**Respective responsibilities of trustees as directors and the examiner** ._
_The trustees, who are also directors of the company for the purposes of the Companies Act, are responsible for the preparation of the accounts, and they consider that the company is exempt from an audit under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed. It is my responsibility to:_
- _examine the accounts under section 145 of the 2011 Act_
- _to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and_
- _to state whether particular matters have come to my attention_
## _**Basis of Independent Examiner’s Report**_
_My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below._
## _**Independent Examiner’s Statement**_
_In connection with my examination, no matter has come to my attention:_
_1. which gives me reasonable cause to believe that in any material respect the requirements:_
- _to keep accounting records in accordance with section 386 of the Companies Act 2006; and_
- _to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities_
_have not been met; or_
_2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached._
12 September 2025
HMA Accountancy Services 12 Killasser Court Station Approach Tadworth Surrey KT20 5AN
18
HOME-sfAKf RUNNYMEDE AND WOKING
Report of the lJustees convd
for the year erKled 31 Marth 2025
a sum of £20,CIJO that vras scheduled to be receNed under a multi-year grant in the 2025126
financial year was attualty received on the last day of the year under report. The trustees
agreed that this sum should be recorded as deferred income- see note 5 to the accounts- as,
given its size, to include it within the 2024n5 income total woukl materÈally distort the true
financial position of the charity]
The exploration of different funding avenues is becoming an ever increasing priorty for the
trustees. At the same time. the trustees continue to monitor carefully any financial
commitments being tsken on to ensure that outgoings remain altgned to projected income
and activty is consistent with the charttls reserves.
ReseNes Polky and the TTUStee< respon5ibilitles
There were ten members comprising the Board of Trustees for the period. The trustees have
overall responsibility for ensuring that the charity ha5 an appropriate system of controls,
financial and otherwtse that are 5ubjert to regular review. They are also responsible for
keeping proper accounting records which outline. with reasonable accuracy at any time, the
financial posttion of the chartty- They are atso responsible for sèfeguarding the assets of the
charity and for taking reasonable steps for the detection and prevention of fraud and other
irregularities.
The trustees have agreed that the stheme targets a level of reserves to cover anticipated
running costs of 6 months, but. in any event. that Sufficient reserves are maintained in
realisable fomi to meet all its contractual obliEation5 at any time induding any termination
costs.
Company and charFty law applicable to charities in England and Wales requires the Trustees to
prepare financial statements for each financial year whith give a true and fair view of the state
of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing
the financial statements the trustees have made judgements and estimates that are
reasonable and prudent and have prePad thern on a going concern basis.
The financial statements psented here a in accordan with the special provisions of the
Companie5 Act 2tX)6 relating to small charitable companies. They compty with the ¢hariWs
80verning document. the Charities Act 2011 and the applicable Charities (Accounts and
Reporting) Regutions.
Thls report was approved by the tneeS on 12 September 2025 and signed on their behalf
by.
Michael Parker
Chair
HOME-sfART RUNP4YMEDE AND WOKING
Balano Sheet
As at 31 March 2025
Notes
2025
2024
Cash at Bank and in Hand
Current Accounts
Savings Accounts
Cash in hand
25.765
96.746
26.245
85.063
Prepaents and grants recetvable
122,511
1.863
124374
111,316
1,813
113,129
Amounts falliry due wlthin one
(20,276)
(2761
120,276)
{2761
{518)
11811
Net Current Assets
103580
112,672
Represented by
Unrestricted Funds
Restricted Funds
87.372
16,208
103580
75,629
37.043
112,672
The trnstees consider that the company is entided to exemption from the requirement to have an
audit under the provisions of Sertton 477 of the Companies Act 2(K% and members have not
required the company to obtsin an audtt of its accounts for the year in question in accordance with
Sertion 476 of the Art. The trustees acknowledge their reSFX)nsibilities for complying with the
quirements of the Act with re5pett to accounting records and the preparation of accounts. These
accounts have been prepared in accordan wtth the provisions appli13ble to companies subject to
the small companieg regime.
The financial statements have been prepared in accordan with the second edition of the Charities
Statement of Recommended Prattice issued in October 2019, the financial Reporting Standard
applicable in the Llnited ngdoM and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Financial Statements Vre approved by the trustees on 12 September 2025 and stgned on their
behalf. by:
Trevor Pound
TreaSur