HOME-START TEIGNBRIDGE A N N U A L R E P O R T A P R I L 2 0 2 4 - M A R C H 2 0 2 5
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TRUSTEES' REPORT
Welcome to Home-Start Teignbridge’s News Round-Up for the year April 2024- March 2025.
Over the past year, demand for our services has remained consistently high at Home-Start Teignbridge. In a time of ongoing adjustment across statutory and family support services, we’ve seen a rise in families with more complex needs attending our sessions while awaiting further statutory help.
Changing Patterns of Referral and Support
Referrals from external agencies declined during the year, while the number of families self-referring increased — with 23 families reaching out directly to us. Many of these parents returned to work earlier than anticipated and shared that they were unable to accommodate regular volunteer visits. However, they clearly valued having someone to talk to and appreciated being signposted to other sources of support.
Group Sessions and Community Partnerships
In September 2025, we saw a significant drop in group attendance as parents began accessing free daycare for babies and toddlers while returning to work. Despite reduced numbers, we continued to offer supportive group sessions. A particular success has been our weekly ‘Walk and Talk’ nature rambles through Stover Park. Our partnership with Stover has grown, and we’re pleased to see families now attending independently — a sign of increased confidence and community engagement. Since January 2024, we’ve established a strong working relationship with Newton Abbot Library, regularly supporting their popular ‘Bounce & Rhyme’ sessions. These provide excellent opportunities to connect with parents and carers of young children in a friendly, informal setting, allowing us to offer a warm welcome and direct them to relevant local services — including our own.
Volunteer Development and Training
We are proud that many of our volunteers have pursued additional training opportunities, with some using their experience with us as a stepping stone into new careers. Regular face-to-face "keeping in touch" meetings and safeguarding training have been offered throughout the year, alongside our online training program.
Adapting and Collaborating
We’ve continued to build collaborative relationships with local businesses and charities, expanding our reach, knowledge base, and community impact. These partnerships enhance our ability to support families in innovative and responsive ways.
Looking Ahead
While it has been a challenging and changeable year — with growing financial pressures and
uncertainty around funding — we are proud to have stayed resilient. Our strength lies in the continued dedication of our trustees, volunteers, staff, and support from Home-Start UK, who make our work possible.
Together, we are able to offer vital, early intervention support to families during the most critical years of a child’s development.
With heartfelt thanks
We extend our deepest gratitude to the following individuals, organisations, and supporters who have helped us continue this essential work: Devon CC, Devon Community Foundation, Pears Breathing Spaces, Albert Hunt Memorial Trust, The Clothmakers Foundation, Ullacombe Farm and Papa John’s Newton Abbot
Iain Hutchison
Chair of Trustees
TREASURERʼS REPORT
Financial Review
INCOME
Overall income and expenditure showed a deficit of £6,977 with income of £30,342 against expenditure of £37,319. Expenditure was in line with the budget.
The principal Income for 2024-2025 came in the form of funding grants from a variety of sources, including Devon CC, Devon Community Foundation, Pears Breathing Spaces, Albert Hunt Memorial Trust and The Clothmakers Foundation. Other income came from miscellaneous donations.
Substantial funds are needed, every year, to run the scheme effectively, and the trustees are proactively looking at the best way to obtain sustainable funds for the future.
RESERVES POLICY AND RISK MANAGEMENT
The Trustees maintain reserves in the form of Designated Funds, for redundancy costs in the event of closure, equating to £15,530
This position is expected to be held in the following year.
The Trustees have a risk management strategy which includes an ongoing review of the risks the charity may face and the establishment of systems and procedures to mitigate those risks. In particular, the Funding committee keeps a close eye on the funding situation and on the charityʼs contractual commitments, entering into none of the latter for which the funds are not available.
| Funding Grants Donations Other Income Total |
£ 27,518 2,206 618 |
|---|---|
| ~~30,342~~ | |
| 28,431 2,090 2,489 265 1,380 2,664 |
|
| EXPENDITURE | |
| Staf Salaries, Training & Pension Staf Travel Volunteers & Families Premises Hall Rental Administration Governance Fundraising Total |
|
| 37,319 | |
| (6,977) | |
| Surplus/(Deficit) for Year | |
| 20,213 13,528 |
|
| Unrestricted Reserves | |
| Restricted Reserves |
as STATISTICS 1,77 ora Jsfo? . 2024-2025
Families Visited at home 39 Families Who Attended the Group 30 Families with Complex Need 19 Families Signposted 58 Total Number of Volunteers 15 New Volunteers Trained 3
HOME-START TEIGNBRIDGE Charity Number 1152371 Company Number 8232066 Annual Accounts April 12024- 31 March 2025
| Home-Start | Teignbridge | Teignbridge | Charity No Company No |
1152371 8232066 |
|||
|---|---|---|---|---|---|---|---|
| Annual accounts for the period | |||||||
| Period start date | 1/4/2024 | To | Period end date | 31/3/2025 | |||
Section A Statement of financial activities (including summary income and expenditure account)
| Recommended categories by activity | Guidance Note | Unrestricted funds |
Unrestricted funds |
Restricted income funds |
Restricted income funds |
Endowment funds |
Endowment funds |
Total funds | Prior year funds |
||
|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||||||
| Income | F01 | F02 | F03 | F04 | F05 | ||||||
| Income and endowments from: | |||||||||||
| Donations and legacies | 2 | - | 18,071- | - | -- | - | -- | - | 18,071- | - | 7,600- |
| Charitable activities | |||||||||||
| Group Activities | 3 | - | -- | - | 7,153- | - | -- | - | 7,153- | - | 26,784- |
| Home Visiting | 3 | - | -- | - | 4,500- | - | -- | - | 4,500- | - | 17,555- |
| Local Fudraising Activities | 4 | - | -- | - | -- | - | -- | - | -- | - | 3,330- |
| Investments | 5 | - | 618- | - | -- | - | -- | - | 618- | - | 410- |
| Total | - | 18,689- | - | 11,653- | - | -- | - | 30,342- | - | 55,679- | |
| Expenditure (Notes 6) | |||||||||||
| Expenditure on: | |||||||||||
| Raising funds | 6 | - | -- | - | -- | - | -- | - | -- | - | 876- |
| Charitable activities | - | -- | |||||||||
| Group Activities | 6 | - | 387- | - | 12,839- | - | -- | - | 13,226- | - | 13,045- |
| Home Visiting | - | 9,727- | - | 11,702- | - | -- | - | 21,429- | - | 22,280- | |
| Other | 6 | - | 2,664- | - | -- | - | -- | - | 2,664- | - | 2,416- |
| Total | - | 12,778- | - | 24,541- | - | -- | - | 37,319- | - | 38,617- | |
Other recognised gains/(losses)
| - | -- | - | -- | - | -- | ( | -) | - | -- | |
|---|---|---|---|---|---|---|---|---|---|---|
| - | -- | - | -- | - | -- | ( | -) | - | -- | |
| - | 5,911- | ( | 12,888-) | - | -- | ( | 6,977-) | - | 17,062- | |
| - | 14,302- | - | 26,416- | - | -- | - | 40,718- | - | 23,656- | |
| - | 20,213- | - | 13,528- | - | -- | ( | 33,741) | ( | 40,718) |
Gains and losses on revaluation of fixed assets for the charity’s own use
Gains and losses on investment assets
Net movement in funds
Total funds brought forward
Total funds carried forward
2
Section B Balance sheet ~~ee~~
| Section B Balance sheet ~~ee~~ |
~~ee~~ | ~~ee~~ |
|---|---|---|
| Total this year Total last year |
||
| £ £ |
||
| Fixed assets | ||
| Tangible assets Investments Total fixed assets |
- -- - -- ~~ |
|
| Current assets | ||
| Debtors Deposit Accounts Cash at bank and in hand Total current assets |
11 23 13 |
- -- - -- - 22,985- - 22,368- - 11,333- - 18,963- - 34,318- - 41,331- ~~——~~ |
| Creditors: amounts falling due within one year Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year Trustee Guarantee Account Net assets |
12 - 567- - 603- - 33,751- - 40,728- - 33,751- - 40,728- 12 - -- - -- - 10- - 10- - 33,741- - 40,718- ~~ee~~ es es -___}_ ee |
|
| Funds of the Charity | ||
| Unrestricted funds Designated funds (Note 14.1) Total unrestricted funds Restricted income funds (Note 14.1) Total funds Signed on behalf of all the trustees |
Signature | - 4,680- - 2,635- - 15,533- - 11,667- - 20,213- - 14,302- - 13,528- - 26,416- - 33,741- - 40,718- Date of approval ~~—~~ ee |
| 14-Jul-25 |
Chairman
3
Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their • and with ü accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS The charitable company meets the definition of a public 102. benifit entity under FRS 102 * -Tick as appropriate 1.2 Going concern*
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate: An explanation as to those factors that support the The trustees consider the there are no material uncertainties about conclusion that the charity is a going concern; the charitable company's ability to continue as a going concern
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }. Yes ü * -Tick as appropriate No Please disclose: (i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.
| 1.4 Changes to accounting estimates | |
|---|---|
| No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). | |
| Yes* ü |
|
| * -Tick as appropriate No* |
|
| Please disclose: | |
| (i) the nature of any changes; | |
| (ii) the effect of the change on income and expense or assets | |
| and liabilities for the current period; and | |
| (iii) where practicable, the effect of the change in one or more | |
| future periods. | |
| 1.5 Material prior year errors | |
| No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). | |
| Yes* ü |
|
| * -Tick as appropriate No* |
|
| Please disclose: | |
| (i) the nature of the prior period error; | |
| (ii) for each prior period presented in the accounts, the | |
| amount of the correction for each account line item affected; | |
| and | |
| (iii) the amount of the correction at the beginning of the | |
| earliest prior period presented in the accounts. |
4
Section C Notes to the accounts (cont)
| Note 2 Accounting policies 2.2 INCOME Recognition of income These are included in the Statement of Financial Activities (SoFA) when: ·the charity becomes entitled to the resources; ·it is more likely than not that the trustees will receive the resources; ·the monetary value can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Support costs The charity has incurred expenditure on support costs. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. 2.4 ASSETS Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. |
Yes No N/a* |
Yes No N/a* |
Yes No N/a* |
|---|---|---|---|
| ü | ü | ü | |
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| Yes No N/a* |
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| ü | ü | ü |
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE
5
| Section C | Notes to the accounts | (cont) | (cont) | (cont) | |||||
|---|---|---|---|---|---|---|---|---|---|
| Note 3 | Income Analysis of income |
Unrestricted funds Restricted income funds Endowment funds |
Total funds Prior year £ £ |
||||||
| Donations and legacies: |
Donations and gifts | - 2,206- |
- -- |
- 2,206- |
- 2,910- |
||||
| Gift Aid | - -- |
- -- |
- -- |
||||||
| Legacies | - -- |
- -- |
- -- |
||||||
| General grants provided by other charities | - 15,865- |
- -- |
- 15,865- |
- 4,690- |
|||||
| - -- |
- -- |
- -- |
|||||||
| Total | - 18,071- |
- -- |
- -- |
- 18,071- |
- 7,600- |
||||
| Charitable activities: Family Groups Home Support Fundraising activities: Income from investments: TOTAL INCOME Other recognised gain Gains and losses on reval Gains and losses on inves Total funds brought fo Other information: |
- 179- - 283- - -- - -- - -- - 19,986- - -- - -- - 6,974- - 6,515- |
||||||||
| Family Group | - 179- |
- 179- |
- 283- |
||||||
| Children in Need | - -- |
- -- |
|||||||
| Awards4All | - -- |
- 19,986- |
|||||||
| Teigbridge District Council | - -- |
- -- |
|||||||
| Devon County Council (Stover) | - -- |
- 6,974- |
- -- |
- 6,974- |
- 6,515- |
||||
| Sub total | - -- |
- 7,153- |
- -- |
- 7,153- |
- 26,784- |
||||
| - -- |
|||||||||
| Children in Need | - -- |
- -- |
|||||||
| Claire Milne Trust | - -- |
- -- |
|||||||
| Woodward Trust | - -- |
- 2,250- |
|||||||
| Norman Family Trust | - -- |
- 2,000- |
|||||||
| Devon Communty Foundation | - 4,500- |
- 4,500- |
- -- |
||||||
| Northbrook Trust | - -- |
- 5,000- |
|||||||
| David Gibbons Trust | - -- |
- -- |
|||||||
| Devon County Council | - -- |
- 3,800- |
|||||||
| Teignbridge District Councillors | - -- |
- 4,505- |
|||||||
| Sub total | - -- |
- 4,500- |
- -- |
- 4,500- |
- 17,555- |
||||
| Other | - -- |
- -- |
- -- |
- -- |
- -- |
||||
| Total | - -- |
- 11,653- |
- -- |
- 11,653- |
- 44,339- |
||||
| - -- - 3,330- - -- - -- |
|||||||||
| - -- |
- -- |
- -- |
- 3,330- |
||||||
| - -- |
- -- |
- -- |
- -- |
- -- |
|||||
| Other | - -- |
- -- |
- -- |
- -- |
- -- |
||||
| Total | - -- |
- -- |
- -- |
- -- |
- 3,330- |
||||
| Interest income | - 618- |
- -- |
- -- |
- 618- |
- 410- |
||||
| Dividend income | - -- |
- -- |
- -- |
- -- |
- -- |
||||
| Rental and leasing income | - -- |
- -- |
- -- |
- -- |
- -- |
||||
| Other | - -- |
- -- |
- -- |
- -- |
- -- |
||||
| Total s/(losses) uation of fixed assets for the charity’s own use tment assets Net movement in funds rward Total funds carried forward |
- 618- |
- -- |
- -- |
- 618- |
- 410- |
||||
| Check with SOFA | |||||||||
| - 18,689- |
- 11,653- |
- -- |
- 30,342- |
- 55,679- |
- 30,342- |
- 55,679- | |||
| - -- |
- -- |
- -- |
( -) |
- -- |
|||||
| - -- |
- -- |
- -- |
( -) |
- -- |
|||||
| - 5,911- |
( 12,888-) |
- -- |
( (6,977) |
- 17,062- |
|||||
| - 14,302- |
- 26,416- |
- -- |
( 40,718) |
- 23,656- |
|||||
| - 20,213- |
- 13,528- |
- -- |
( 33,741) |
( 40,718) |
|||||
| All income in the prior y | ear was restricted except for: | Misc Donations (£2910) Other Grants (£4690) |
6
| Section C No | tes to the accounts | (cont) | (cont) | (cont) | (cont) | (cont) | (cont) | (cont) | (cont) |
|---|---|---|---|---|---|---|---|---|---|
| Note 6 Expenditure | Analysis of expenditure | Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
|||||||
| Expenditure on raising funds: |
- -- |
- -- |
- -- |
- -- |
- -- |
||||
| Staging fundraising events | - -- |
- -- |
- 857- |
||||||
| Advertising, marketing, direct mail and publicity |
- -- |
- -- |
- 19- |
||||||
| Other trading activities | - -- |
- -- |
- -- |
||||||
| Expenditure on Charitable Activities Family Groups Home/Telephone Support Other TOTAL EXPENDITURE |
Total expenditure on raising funds | - -- |
- -- |
- -- |
- -- |
- 876- |
|||
| Staffing | - 11,372- |
- -- |
- 11,372- |
- 10,909- |
|||||
| Staff Travel | - 635- |
- 635- |
- 501- |
||||||
| Volunteers & Families | - 387- |
- 567- |
- -- |
- 954- |
- 984- |
||||
| Training | - -- |
- -- |
- 228- |
||||||
| Hall Rental | - 265- |
- 265- |
- 400- |
||||||
| Uniforms/PPE | - -- |
- -- |
- 23- |
||||||
| Sub total | - 387- |
- 12,839- |
- -- |
- 13,226- |
- 13,045- |
||||
| Staffing | - 7,108- |
- 9,951- |
- -- |
- 17,059- |
- 18,426- |
||||
| Staff Travel | - 686- |
- 769- |
- -- |
- 1,455- |
- 1,792- |
||||
| Volunteers & Families | - 982- |
- -- |
- 982- |
- 635- |
|||||
| Staff & Volunteer Training | - 553- |
- -- |
- 553- |
- 399- |
|||||
| Office Admin | - 1,380- |
- -- |
- 1,380- |
- 1,028- |
|||||
| Sub total | - 9,727- |
- 11,702- |
- -- |
- 21,429- |
- 22,280- |
||||
| Total expenditure on charitable activities |
- 10,114- |
- 24,541- |
- -- |
- 34,655- |
- 35,325- |
||||
| Office Premises | - -- |
- -- |
- -- |
||||||
| Governance | - 2,664- |
- -- |
- 2,664- |
- 2,416- |
|||||
| Depreciation | - -- |
- -- |
- -- |
||||||
| Total other expenditure | - 2,664- |
- -- |
- -- |
- 2,664- |
- 2,416- |
Check with SOFA | |||
| - 12,778- |
- 24,541- |
- -- |
- 37,319- |
- 38,617- |
- 37,319- |
- 38,617- |
7
Section C Notes to the accounts (cont)
Note 7 Details of certain types of expenditure
Note 7.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
| Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es). |
||
|---|---|---|
| Independent examiner’s fees Assurance services other than independent examination Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner |
This year £ |
Last year £ |
| 0 | 0 | |
| 0 | 0 | |
| 0 | 0 | |
| 0 | 0 |
8
Section C Notes to the accounts (cont)
Note 8 Paid employees
Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)
8.1 Staff Costs
| 8.1 Staff Costs | |||||
|---|---|---|---|---|---|
| This year | Last year | ||||
| £ | £ | ||||
| Salaries and wages | - | 26,395- | - | 27,272- | |
| Social security costs | |||||
| Pension costs (defined contribution pension plan) | - | 2,036- | - | 2,063- | |
| Staff Training | |||||
| Redundancy cost | |||||
| Total staff costs | - | 28,431- | - | 29,335- |
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000
| Band | Number of employees |
|---|---|
| £60,000 to £69,999 | 0 |
| £70,000 to £79,999 | 0 |
| £80,000 to £89,999 | 0 |
| £90,000 to £99,999 | 0 |
| £100,000 to £109,999 | 0 |
| Please provide the total amount paid to key | |
| management personnel (includes trustees | |
| and senior management) for their services | |
| to the charity. For specific amounts paid to | |
| trustees, see Note 28. |
| This year Number |
Last year Number |
|
|---|---|---|
| Fundraising | - -- |
- -- |
| Charitable Activities | - 1- |
- 1- |
| Governance | - -- |
- -- |
| Other | - -- |
- -- |
| Total | - 1- |
- 1- |
8.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.
Please explain the nature of the payment Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset)
8.4 Redundancy payments
Please complete if any redundancy or termination payment is made in the period.
Total amount of payment
The nature of the payment (cash, asset etc.)
The extent of redundancy funding at the balance sheet date
Please state the accounting policy for any redundancy or termination payments
9
Section C Notes to the accounts (cont)
Note 9 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.
9.1 Please complete this note if a defined contribution pension scheme is operated.
| Amount of contributions recognised in the | £2,036.00 | ||
|---|---|---|---|
| SOFA as an expense | |||
| Please explain the basis for allocating the | Employer pension contribution £ 1,363.60 | ||
| liability and expense of defined contribution | |||
| pension scheme between activities and | Pension - Past Service Deficit £672.40 | ||
| between restricted and unrestricted funds. | This is paid from unrestricted funds |
9.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.
Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity accounted for as a defined contribution plan. Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan Explain how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined.
9.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.
10
Section C Notes to the accounts (cont)
Note 11 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
11.1 Analysis of debtors
| 11.1 Analysis of debtors | |||||
|---|---|---|---|---|---|
| This year | Last year | ||||
| £ | £ | ||||
| Trade debtors | - | -- | |||
| Prepayments and accrued income | - | -- | - | -- | |
| Other debtors | - | -- | - | -- | |
| Total | - | -- | - | -- |
Complete 11.2 where a material debtor is recoverable more than a year after the reporting date.
11.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)
| This year | Last year | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Trade debtors | - | -- | - | -- | |
| Prepayments and accrued income | - | -- | - | -- | |
| Other debtors | - | -- | - | -- | |
| Total | - | -- | - | -- |
11
Section C Notes to the accounts (cont)
Note 12 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
12.1 Analysis of creditors
| 12.1 Analysis of creditors | ||||||||
|---|---|---|---|---|---|---|---|---|
| Amounts falling | due within | Amounts falling due after | ||||||
| one | year | more than one year | ||||||
| This year | Last year | This year | Last year | |||||
| £ | £ | £ | £ | |||||
| Bank loans and overdrafts | - | -- | - | -- | - | -- | - | -- |
| Trade creditors | - | -- | - | -- | - | -- | ||
| Payments received on account for contracts or | ||||||||
| performance-related grants | - | -- | - | -- | - | -- | - | -- |
| Accruals and deferred income | - | -- | - | -- | ||||
| Taxation and social security | - | 326- | - | 344- | - | -- | - | -- |
| Other creditors | - | 241- | - | 259- | - | -- | - | -- |
| Total | - | 567- | - | 603- | - | -- | - | -- |
12.2 Deferred income
Please complete this note if the charity has deferred income.
Please explain the reasons why income is deferred.
| Movement in deferred income account | This year | Last year | ||
|---|---|---|---|---|
| £ | £ | |||
| Balance at the start of the reporting period | - | -- | - | -- |
| Amounts added in current period | - | -- | - | -- |
| Amounts released to income from previous periods | - | -- | - | -- |
| Balance at the end of the reporting period | - | -- | - | -- |
12
Section C Notes to the accounts (cont)
Note 13 Cash at bank and in hand
| Note 13 Cash at bank and in hand | ||
|---|---|---|
| Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank Cash on hand Other |
This year £ |
Last year £ |
| - -- |
- -- |
|
| - 22,985- |
- 22,368- |
|
| - 11,326- |
- 18,956- |
|
| - 7- |
- 7- |
|
| - -- |
- -- |
|
| Total | - 34,318- |
- 41,331- |
13
Section C Notes to the accounts (cont)
Note 14 Charity funds
14.1 Details of material funds held and movements during the CURRENT reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.
* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14.1 Details of material funds held and movements during the CURRENT reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet. * Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds |
|||||||||||
| Fund names | Type PE, EE R **or UR *** |
Purpose and Restrictions |
Fund balances brought forward £ |
Income £ |
Expenditure £ |
Transfers £ |
Gains and losses £ |
Fund balances carried forward £ |
|||
| Core Funding | - 2,635- |
- 18,689- |
- 12,778- |
- 3,866- |
- -- |
- 4,680- |
Check - 37,319- - 37,319- - 0- |
||||
| Designated Funding | - 11,667- |
- -- |
- -- |
- 3,866- |
- -- |
- 15,533- |
|||||
| Restricted Funding | |||||||||||
| Family Group | - -- |
- 179- |
- 62- |
- -- |
- -- |
- 117- |
|||||
| Children in Need | - -- |
- -- |
- -- |
- -- |
|||||||
| Awards4All | - 19,466- |
- 10,555- |
- -- |
- -- |
- 8,911- |
||||||
| Teigbridge District Council | - -- |
- -- |
- -- |
||||||||
| Devon County Council (Stover) | - 3,000- |
- 6,974- |
- 3,974- |
- 0- |
|||||||
| Claire Milne Trust | - -- |
- -- |
- -- |
- -- |
|||||||
| Woodward Trust | - 2,250- |
- 2,250- |
- -- |
- -- |
- -- |
||||||
| Norman Family Trust | - 1,000- |
- 1,000- |
- -- |
- -- |
- -- |
||||||
| Devon Communty Foundation | - -- |
- 4,500- |
- -- |
- -- |
- 4,500- |
||||||
| Northbrook Trust | - 3,700- |
- 3,700- |
- -- |
- -- |
- -- |
||||||
| David Gibbons Trust | - -- |
- -- |
- -- |
- -- |
|||||||
| Devon County Council | - 3,000- |
- 3,000- |
- -- |
- -- |
- -- |
||||||
| Teignbridge District Councillors | - -- |
- -- |
|||||||||
| Other funds (balancing figure) | N/a | N/a | - -- |
- -- |
- -- |
- -- |
- -- |
- -- |
|||
| Total Funds as per balance sheet - 40,718- - 30,342- - 37,319- - -- - -- - 33,741- Yes No Fund balances carried forward include assets and liabilities denominated in a foreign currency ü ü If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up). |
t | - 40,718- |
- 30,342- |
- 37,319- |
- -- |
- -- |
- 33,741- |
||||
| Yes No ü ü |
|||||||||||
| If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up). |
14
Section C Notes to the accounts (cont)
Note 14 Charity funds
14.2 Details of material funds held and movements during the PREVIOUS reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.
* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds | Note 14 Charity funds |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14.2 Details of material funds held and movements during the PREVIOUS reporting period Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet. * Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds |
|||||||||||
| Fund names | Type PE, EE R **or UR *** |
Purpose and Restrictions |
Fund balances brought forward £ |
Income £ |
Expenditure £ |
Transfers £ |
Gains and losses £ |
Fund balances carried forward £ |
|||
| Core Funding | 1,214 | - 11,340- |
- 7,919- |
- 2,000- |
- -- |
- 2,635- |
- -- |
||||
| Designated Funding | 9,667 | - -- |
- -- |
- 2,000- |
- -- |
- 11,667- |
|||||
| Family Group | 192 | - 283- |
- 475- |
- -- |
- -- |
- -- |
|||||
| Children in Need | 4,833 | - 4,833- |
- -- |
- -- |
- -- |
||||||
| Awards4All | - 19,986- |
- 520- |
- -- |
- -- |
- 19,466- |
||||||
| Teigbridge District Council | - -- |
- -- |
|||||||||
| Devon County Council (Stover) | - | - 6,515- |
- 9,515- |
- 3,000- |
|||||||
| Claire Milne Trust | 2,236 | - 2,236- |
- -- |
- -- |
- -- |
||||||
| Woodward Trust | 330 | - 2,250- |
- 330- |
- -- |
- -- |
- 2,250- |
|||||
| Norman Family Trust | - | - 2,000- |
- 1,000- |
- -- |
- -- |
- 1,000- |
|||||
| Garfield Weston | 3,750 | - -- |
- 3,750- |
- -- |
- -- |
- -- |
|||||
| Northbrook Trust | - | - 5,000- |
- 1,300- |
- -- |
- -- |
- 3,700- |
|||||
| David Gibbons Trust | 1,434 | - 1,434- |
- -- |
- -- |
- -- |
||||||
| Devon County Council (Home Visiting) |
- 3,800- |
- 800- |
- -- |
- -- |
- 3,000- |
||||||
| Teignbridge District Councillors | - 4,505- |
- 4,505- |
- -- |
||||||||
| Other funds (balancing figure) | N/a | N/a | - | - -- |
- -- |
- -- |
- -- |
- -- |
|||
| Total Funds as per balance sheet - 23,656- - 55,679- - 38,617- - -- - -- - 40,718- Yes No Fund balances carried forward include assets and liabilities denominated in a foreign currency ü ü If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up). |
t | - 23,656- |
- 55,679- |
- 38,617- |
- -- |
- -- |
- 40,718- |
||||
| Yes No ü ü |
|||||||||||
| If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up). |
15
Section C Notes to the accounts (cont)
Note 14 Charity funds (cont)
14.3 Transfers between funds
| Reason for transfer and where endowment is converted to income, legal power for its conversion |
Amount | |
|---|---|---|
| Between unrestricted and designated funds |
To ensure there are sufficients funds for redundancy costs in the event of closure |
3,866 |
| Between endowment and restricted funds |
||
| Between endowment and unrestricted funds |
14.4 Designated funds
| 14.4 Designated funds | ||
|---|---|---|
Planned use |
Purpose of the designation | Amount |
| Staff Redunancy | Redundancy payments in the event of the charity not having enough funds to continue operating |
15,530 |
16
Section C Notes to the accounts (cont)
Note 15 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.
15.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)
TRUE
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
| Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value | |||||||
|---|---|---|---|---|---|---|---|---|---|
| This year | Last year | ||||||||
| Name | of | trustee | Legal authority (eg order, governing document) |
Remuneration | Pension contribution |
Redundancy (including loss of office)/ex gratia |
Other | TOTAL | |
| payment | |||||||||
| £ | £ | £ | £ | £ | £ | ||||
Please give details of why remuneration or other employment benefits were paid.
Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.
If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.
State the number of trustees to whom retirement benefits are 0 accruing under a defined contribution pension scheme.
15.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
| No trustee expenses have been incurred (True or False) | No trustee expenses have been incurred (True or False) | TRUE | ||
|---|---|---|---|---|
| Type of expenses reimbursed | This year | Last year | ||
| £ | £ | |||
| Travel | ||||
| Subsistence | ||||
| Accommodation | ||||
| Other (please specify): | ||||
| TOTAL |
Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity
15.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.
| There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | There have been no related party transactions in the reporting period (True or False) | TRUE | TRUE | ||
|---|---|---|---|---|---|---|---|---|
| Amounts | ||||||||
| Name of the trustee or related party |
Relationship to charity |
Description of the transaction(s) |
Amount | Balance at period end |
Provision for bad debts at period end |
written off during reporting |
||
| period | ||||||||
| £ | £ | £ | £ | |||||
| In relation to the transactions above, please provide the terms | ||||||||
| and conditions, including any security and the nature of any | ||||||||
| payment (consideration) | to be provided in settlement. |
For any related party, please provide details of any guarantees given or received.
17
FRS 102 – SECTION 28 ACCOUNTING DISCLOSURES
FOR THE PERIOD ENDING 31 March 2025
COMPANY: Home-Start Teignbridge
SCHEME: TPT Retirement Solutions – The Growth Plan
The company participates in the scheme, a multi-employer scheme which provides benefits to some 521 nonassociated 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 company 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)
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 company has agreed to a deficit funding arrangement the company 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.
FRS102 – SECTION 28 DISCLOSURE REPORT | ACCOUNTING DISCLOSURES
PRESENT VALUES OF PROVISION
| 31 | March | 2025 | 31 | March | 2024 | 31 | March | 2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| (£s) | (£s) | (£s) | ||||||||
| Present value of provision | 465 | 176 | 377 |
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
| Period Ending | Period Ending | Period Ending | Period Ending | |
|---|---|---|---|---|
| 31 March | 2025 | 31 March | 2024 | |
| (£s) | (£s) | |||
| Provision at start of period | 176 | 377 | ||
| Unwinding of the discount factor (interest expense) | 5 | 15 | ||
| Deficit contribution paid | (180) | (216) | ||
| Remeasurements - impact of any change in assumptions | 3 | 0 | ||
| Remeasurements - amendments to the contribution schedule | 461 | - | ||
| Provision at end of period | 465 | 176 |
INCOME AND EXPENDITURE IMPACT
| Period Ending | Period Ending | Period Ending | ||
|---|---|---|---|---|
| 31 March | 2025 | 31 March 2024 | ||
| (£s) | (£s) | |||
| Interest expense | 5 | 15 | ||
| Remeasurements – impact of any change in assumptions | 3 | 0 | ||
| Remeasurements – amendments to the contribution schedule | 461 | - | ||
| Contributions paid in respect of future service* | * | * | ||
| Costs recognised in income and expenditure account | * | * |
*includes defined contribution schemes and future service contributions (i.e. excluding any deficit reduction payments) to defined benefit schemes which are treated as defined contribution schemes. To be completed by the company.
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.
FRS102 – SECTION 28 DISCLOSURE REPORT | ACCOUNTING DISCLOSURES
FRS 102 - SECTION 28 ADDITIONAL INFORMATION
FOR THE PERIOD ENDING 31 March 2025 COMPANY: Home-Start Teignbridge
SCHEME: TPT Retirement Solutions - The Growth Plan
The following schedule details the deficit contributions agreed between the company and the scheme at each year end period:
DEFICIT CONTRIBUTIONS SCHEDULE
| Year | ending | 31 | March (£s) |
2025 |
31 | March (£s) |
2024 |
31 | March (£s) |
2023 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | 1 | 166 | 180 | 216 | |||||||
| Year | 2 | 166 | - | 180 | |||||||
| Year | 3 | 166 | - | ||||||||
| - | |||||||||||
| Year | 4 | - | - | ||||||||
| - | |||||||||||
| Year | 5 | - | - | ||||||||
| - | |||||||||||
| Year | 6 | - | - | ||||||||
| - | |||||||||||
| Year | 7 | - | - | ||||||||
| - | |||||||||||
| Year | 8 | - | - | ||||||||
| - | |||||||||||
| Year | 9 | - | - | ||||||||
| - | |||||||||||
| Year | 10 | - | - | ||||||||
| - | |||||||||||
| Year | 11 | - | - | ||||||||
| - | |||||||||||
| Year | 12 | - | - | ||||||||
| - | |||||||||||
| Year | 13 | - | - | ||||||||
| - | |||||||||||
| Year | 14 | - | - | ||||||||
| - | |||||||||||
| Year | 15 | - | - | ||||||||
| - | |||||||||||
| Year | 16 | - | - | ||||||||
| - | |||||||||||
| Year | 17 | - | - | ||||||||
| - | |||||||||||
| Year | 18 | - | - | ||||||||
| - | |||||||||||
| Year | 19 | - | - | ||||||||
| - | |||||||||||
| Year | 20 | - | - | ||||||||
| - |
The company must recognise a liability measured as the present value of the contributions payable that arise from the deficit recovery agreement and the resulting expense in the income and expenditure account i.e. the unwinding of the discount rate as a finance cost in the period in which it arises.
FRS102 – SECTION 28 DISCLOSURE REPORT | ACCOUNTING DISCLOSURES
It is these contributions that have been used to derive the company's balance sheet liability.
FRS102 – SECTION 28 DISCLOSURE REPORT | ACCOUNTING DISCLOSURES
FRS 102 - SECTION 28 DISCLAIMER
Please note that TPT Retirement Solutions is not authorised to provide advice to your organisation and the use of this tool by your organisation does not constitute advice.
This FRS102 on-line tool has been developed, in conjunction with Jardine Lloyd Thompson, to help you complete your statutory accounts and the documents you create using the tool are intended for your organisation’s use only; you should consider taking appropriate advice in this respect.
This FRS102 on-line tool assumes deficit contributions are in line with the schedule detailed in the ‘Deficit Contributions Schedule’. If actual deficit contributions over the accounting period are different then the disclosures will need to be adjusted accordingly. Where there is a change in the deficit contribution obligations (e.g. following agreement to a new recovery plan after a valuation), it assumes the change is effective at the end of the accounting period.
Neither Jardine Lloyd Thompson nor TPT accepts any liability in respect of the use of this on-line tool or for its use for any other purpose.
FRS102 – SECTION 28 DISCLOSURE REPORT | ACCOUNTING DISCLOSURES
CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustees1 members of Home-start Teignbridge On accounts for the year ended March 31 2025 Charity no (if any) 1152371 Set out on pages 2-20 I report to the trustees on my examination of the accounts of the above charity for the year ended 31103 12021. Responslbilities and basis As the charity's trustees, you are responsible for the preparation of the of report accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement 50-OOQ and-4 am qualified to of applb1dYj]. Delete [ Jfi norpphc8b&. . I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination EetheFt which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. I have no concerns and have corne across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date.. IER