REGISTERED COMPANY NUMBER: 08301552 (Engtsnd andW8les)
REGISTERED CHARITY NUMBER: 11532871England and Wales)
HOME-START HERTFORDSHIRE
(A company Llmitad by Guarantee)
ANNUAL REPORT AND UNAUDITED FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

HOME-START HERTFORDSHIRE
Contents
Page
Legal and Admlnistratlve Information
Report of the Trustee3 {Including Dlrectors, Report
3-10
Independent Examlnefs Report
11
Statement of Flnanclal Actlvltles (Includlng
Income and Expgndlture Account)
12
Statement of Flnanclal Po$ltlon
13
Notes to the Flnanclal Statsments
14-26

HOME-START HERTFORDSHIRE
LEGALAND ADMINISTRATIVE INFORMATION
Trustoos
J Gregory
G Christey
A Earnshaw Treasurer
R Firth
B Gould
D Humble
S Morgan
R Taylor
M Ty￿e
S Whittaker
C Wilson
Z Wright
S Hawley
Chair
Appointed 5 July 2024
Resigned 27 September 2024
Appointed 27 September 2024
Appointed 18 November 2024
Resigned 26 April 2024
Chlef Executlve Offlcor
S Moody (left December 2024)
Charlty Commlsslon
Registered Charity Number 1153287 (England & Wales)
Companies House
Registered Company Number 08301552 (England and Wales)
Reglstered offlce
5 Bedwell Park. Stevenage, Herts, SG11 NB
Accountant
Beyond Profit, Bolton Arena, Arena Approach, Hor¥vich. Bolton, BL6 6L8
Independent Examlner
Neil C Harding, Bradshaw Johnson Chartered Accountants, Croft Chambers, 11 Bancroft,
Hitchin, Herts, SG5 1JQ
Bankers
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. ME19 4JQ
Sollcltors
DAS Law, DAS Parc, Greenway Court. Bedwas, Caerphilly, CF83 8DW

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES {Includlng Dlre¢tors' Report)
FOR THE YEAR ENDED 31 MARCH 2026
The Trustees who are also directors of the charity for Ihe purposes of the Companies Act 2006.
present their report with the financial statements of the charity for the year ended 31 March 2025.
The Trustees have adopted the provisions of Accounting and Reporting by Charities". Statement
of Recommended Practice applicable to Gharities preparing their accounts in accordance with
the Flnancial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102)
{effective 1 January 2019). The charity Trustees have complied with 'duty to have due regard to
the guidance on public benefit published by the Charity Commission in exercising their duties or
powers,.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company as defined by th6 Companles Act 2006.
Structure
Homa-start Hertfordshire was incorporated on 211t Novamber 2012 as a company limited by
Guarantee not having Share Capitsl and was registered as a charity with the Charities
Commission on 7 August 2013.
The charity is governed by a Board of Trustees led by the Chairperson. The Trustees must hold
atleast four meetings a year with at least one meeting being held in person. Every trustee has
one vote on oach issue.
The Trustees all contribute their time voluntarily and have confirmed that they have no intar8St
that conflict with the interests and activities of the charity. The Trustees. who are also the
directors for the purpose of company law, and who served during the year and up to the date of
Signature of the financial statements were:
J Gregory
G Christey
A Earnshaw Treasurer
R Firth
B Gould
D Humble
S Morgan
R Taylor
M Tyre8
S Whittaker
C Wilson
Z Wright
S Hawley
Chair
Appointed S July 2024
Resigned 27 September 2024
Appointed 27 Seplember 2024
Appointed 18 November 2024
Resigned 26 April 2024
Recrultment and appolntment of Trustees
Trustees are elected by the Members or Co￿pted by the Trustees. A Trustee's initial term of
office after election shall be for a period of four years (being the period betsve8n each annual
general meeting rather than calendar years). A Trustee may be elected for another term of four
years, totalling a maximum consecutive term of eight years. The Chair has the power to allow
elected Trustees to stand for a third term in exceptional circumstances. The Trustees may at
any time co-opt an individual as a trustee to fill a vacancy in their number or as an additional
trustee, but a GOvQPted Trustee holds office only until the next AGM.

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES (including Directors, Report)
FOR THE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND ACTIVITIES
WHAT WE DO
Scheme Objectives
HSH operates on a simple yet profound belie￿that every child deserves a safe and supportlve
start in life. and every parent should have the guidance needed to make that possible. Home-
Start Hertfordshire Covers the boroughs of Broxbourne, Dacorum. East Hertfordshire, North
Hertfordshire (excluding Royston), Stevenage, St Albans and Welvryn Hatfield.
Our objectives are:
to safeguard, protect and preserve the good health, both mental and physical of
children and parents of children
to prevent cruelty to or maltreatment of children
to relieve sickness, poverty and need amongst children and parents of children
to promote the education of the public in b8tt8r standards of child-care within their
respective a￿a3.
Tho Sarvice
The Home-start network consists of Home-start UK and affiliated local Home-starts throughout
the UK, Together they form the Home•Start Service, delivering one-trTrone practical and
emotional support to young famili88. Each Local Home-start is an independently registered
charity that supports famllies in a way that reflects the needs within the community they serve.
Home-start Hertfordshire provides baspoke support to families dealing wllh dlverse challenges,
such as isolation and loneliness, disabilily, abuse, and poor mental health, as well as the
overwhelming demands of parenting. Their work is not just about immediate relief bul
empowering parents, building Iheir confidence to create a stable and nurturing environment for
their children. The core of Home-start Hertfordshire's work lies in its volunteer-led approach.
These volunteers are not just people from the community; they are the cornerstones of the
charity, extensively trained to provide tailor-made support. They visit family homes weekly, for
up to 6-9 months, offering not only practical assistance and advice but a listening ear and a
shoulder to lean on - elements that are often as vital as any physical aid.
Support to parents is free. confidantial and non-judgemental. Families report a huge and positive
improvement in their lives and the lives of their families, because of the servi￿. The stories of
change are both heart-wrenching and heartwarming. Picture a young mother. overwhelmed and
isolated. her partner working long hours, her family miles away. When her Home-start volunteer
steps through the door, it's not just help that arrives, but hope. There's also the tale of the singla
father, battling depression, who found in his volunteer not just a guide. but someone who gave
him the believe that he could be a good dad. These are the everyday victories of Home-start
Hertfordshire.
AcHIEVEmE￿r AND PERFORMANCE
The Bu51ness Plan
In November 2022. we launched our five-year strategic plan 'Moving FoNiard with Families.,
where our vision is that 'every parent has access to the support they need to give their children
the best start in Ilfe..

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES (inGluding Directors. Report)
FOR THE YEAR ENDED 31 MARCH 2025
We have made great progress against this plan and the foundations we secured in year 1 remain
in place:
Ensuring the governance of the charty is robust with the Board comprising a diverse
group of Trustees wlth a variety of appropriate skills.
Appropriate Systems, policies and procedures, enable all staff to work safely, efficiently
and effectively within their boundaries.
How&ver. economic challenges have significantly impacted UK charities, especially srnaller on88
like us through reduced public and govérnment funding. increased operational Gosts due to
inflation, and a rise in demand for services. This economic strain has led to reduced incom8,
increased and more complex referrals and workloads. and operational challenges.
We have managed this situation effectively with increased scrutiny of our monthty cashflow and
laser focus on our costs which came in £78k under budget as a result of:
Non replacement of our CEO post her resignation, with Trustees plcking up strategic
leadership
Non replacement of the rolling Business Support Officer vacancy
Delaying the introduction of a CRM systam
Movement of a proportion of the work undertaken by Beyond Profit back to our inhouse
Finance Officer
Savings against utilities as wa soughl to move to the lowest cost providers
The contingency cost instigated to support us against inflation remained unused as wo
steered our way through the cost savings
Going forward we will continue to review our operating costs to ensure that our funding projection
is higher than our expendllure to support growth of our reserves.
Fundlng
We have faced increased financlal pressure due to falllng individual donations, declining public
funding. and intsnse competition for grants, despite the growing level and complexity for the
service we offer.
Despite this the charity managed to deliver income levels just shy of 23-24 levals but £139k
behind our budget. Key areas:
The largest miss came from fundraising events at-£66k, as we struggled lo secure local
corporate support to support our planned events, notably the golf days
Our Corporale funding stream also missed budget by -£42k as we saw our Ambassador
Group deliver ServI￿S to the charity in kind but struggled to engage longer term charity
funding synergy.
Grant funding missed budget by -£22k, which was a -£1 Ok reduction on 23-24 despite
grant applications surging by a reported 30-50%, with some foundations seeing their
numbar double.
Donations missed the budget by -£6k reflecting the financial struggles across the board

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES {Including Directors. Report)
FOR THE YEAR ENDED 31 MARCH 2025
Income 2024-25- £397,793
•Grant Fundiiy É137.628
• FundralstngEvents £94,158
Campaigns £54.843
Donations £53.32S
• In￿1nd Donations £36,450
Statutory £11,698
• Corporate £7,489
Olhef £2.204
We continue to review our fundraising capabilities and are looking to build on our areas for
success noxt year with our Gala dinner moving to a bigger vanue as we hava reached capacity
with our current location, and growth of our Pancake Festival.
In summary our income levels of £397.793 fell £53,606 short of covering our expenditure of
£451 ,399, eating into our reserves, with future savings identified for next year
The Familios and Voluntèars
The core focus of Home-start Hertfordshire's work remains its volunteer-led home visiting
serrfice, supported by community-based Family Groups. During the financial year 2024125, Ihe
charity facilitated 9 Family Groups across H@rtfordshire, providing direct support to 217 families,
including 341 children under Ihe age of five, Ihrough the involvement of up to 88 trained
volunteers.
The referral needs of families have continued to grow in cornplexity, with mental health emerging
as the predominant issue. Increasing levels of anxiety, isolation, and low confidence among
parents have been obserded. The cost-of-living crisis has further exacerbated these difficulties,
particularly for families already facing financial hardship. In some cases, families were forced to
make difficult choices between essential needs. The charity provided assistance through
signposting and referrals to other organisations offaring targeted financial or practical support.

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES (includlng Directors, Report)
FOR THE YEAR ENDED 31 MARCH 2025
Volunteers, supported and guided by the staff team, remain central to the charity's service
delivery and success. Volunteer recruitment and retention presented ongoing challenges during
the year, reflecting national trends and the continued economic pressures on households. Some
volunteers were required to take on caring responsibilities for grandchildren or return to
employment for financial reasons. Despite these challenges, volunteers continued to provide
high-quality. consistent support to families throughout Hertfordshire, helping to ensure that
children have the best possible start in lif8 and are supported to thrive.
Wa extend our heartfelt thanks to our amazing team and volunteers, alongside our ambassadors,
fundraisers, donors, corporate partners, Trustees and our former Patron for their ongoing
commitment and generosity, without which our aGhievements would not be possible.
Quallty Assurance
During FY 2024125, Home-start Hertfordshire commenced participation in Home-start UK'S
Quality Assurance Programme. This is a comprehensive two-year process of self-assessment
against national quality standards, This programme supports the charity in systematically
reviewing its governance, management and service delivery practices. It emphasises continuous
improvement and organisational leaming. ensuring that we maintain the highest standards of
effectiveness, accountability and support for families across the county.
At the date of reporting, Home-start Hertfordshire has achieved strong results, with our
submlssions assessed as robust and of a high standard, demonstrating excellent outcomes
across key practice areas. Thes8 findings reflect the charity's ongoing commitment to quality
service, responsible practs'ce and meaningful support to families throughout Hertfordshire.
Looking to the Future
As we look to the future, our 2025126 Business Plan focusses on realigning our cost base to
ensure we can operate successfully within the realms of the funding we have consistently
delivered across Ihe last few years.
The impact of Home-start Hertfordshire stretches beyond the immediate family to the broader
community. It fosters an environment of mutual support and collective growth, ensuring children
grow up in communities that care. and where parents have the network, they need to thrive, nol
just survive. However. like many Gharities. HSH faces its own challenges. Family's needs have
been exacerbated by ongoing socioeconomic issues, resulting in an increase in families in crisis.
Funding and resources cannot keep up with the demand and with Ihe curtent financial instability
the usual sources of funding are no longer available, leaving the charity relying heavily on
donations. corporate support and community goodwill to sustain its essèntial services.
Whilst it has been a tough year, the actions taken this year have been about securing a positive
future for the charity, recognising the value of our staff and putting into place the extra investment
required to move the charity forwards to grow our income stream in order to meet the growing
demands for the services offered. Our Ambassadors Group continues to be a route where we

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES (includlng Dlrectors, Report)
FOR THE YEAR ENDED 31 MARCH 2025
seek to work with them to diversify our income sources and develop new areas of funding. Home-
Start Herts is also looking at the ways in can work in partnership with other organisations who
have similar aims and objectives.
Supporting Hertfordshire is more than charity; it is an investment in the future of the community
and its families. To donate visit www.home-startherts.or
FINANCIAL REVIEW
Treasurers Report
The financial year 2024125 was our ninth year as a fully operating organisation, supporting
families in the boroughs of Broxbourne, Dacorum, East Hertfordshire. Norlh Hertfordshire
(excluding Royston), Stevenage, St Albans and Welwyn Hatfield.
202412025 was another difficult year as small charities continue to be impacted by aconomlc
challenges, impacting the cost of living and directly impacting public and private funding whilst
Inflation drives up costs.
Our dillgent cost control alongside facing into tough decisions not to replace some vacancias
supported us to Partially offset some of this miss to funding. We secured income of £397,793 and
had to draw on our reserves but remain within our 2-4 month plus redundancy costs policy.
Combining both Ihe actual income and expenditure, our final position for 202412025 was a deficit
of £53,606. We continue to consolidate in line with economic predictions with plans in place to
further reduce costs and dellver income higher than expenditure to build back our reserves and
recover our position as we move through 202512026. IAY personal thanks, along with the board,
goes to all staff, volunteers, Trustees and board members for all Ihe support and help in achieving
tha lavel of support we have provided.
Financial Summary
2024-25
2023-24
Income
£397,793
£419,249
Expenditure
£451.399
£500,879
The charity is hugely grateful to the companles, funders and donors who Gontinue to support us
through their donations and fundraising. An extensive list of supporters can be found in the 2024-
2025 irnpact report. We would especially like to thank the following:
The many individual donors and especially those who have signed up to regular monthly
giving. We appreciate the support from local community groups such as Rotary clubs,
Inner Wheel, Round Tables, Soroplimists, Schools, Freemasons, and churches including
Sunnyside Church, St. Albans Cathedral & Abbey and St Mary's Welwyn.

HOME-START HERTFORDSHIRE
REPORT OF THE TRUSTEES (includlng Dlrectors, Report)
FOR THE YEAR ENDED 31 MARCH 2025
Our supporters who have undertaken fundraising challenges and those who have
sponsored them and all those who pledged and donated to our Big Give Christmas match
funded campaign and other appeals during the year. We were also a beneficiary of the
county-wide Helping Herts campaign which inGluded a matched funded sponsored walk
last year.
Our grant funders. borough and county councils and individual county councillors who
have supported us with grants and donations enabling us to continue and expand the
work we do.
All who took part in our fvndraising events including our Great Gatsby Gala dinner and
annual St Albans Pancake Festival, and the companies who provided sponsorship to
enable them to be successful.
We have banefitted from génerous corporate donations and in-kind expertlse from companies
and individuals based in Hertfordshire. These include No Nonsense Design. Heart Radio, Holiday
Inn Express and Taylor Watton
whose team fundraised and refurbishedltransfomed our
Stevenage Office- and the support of our patron Ken Follett and The Follett Trust.
Reserves policy
At the end of the financial year, the charity held £74,582 in reserves (2024., £128,188) of which
£68,909 ware unrestricted reserves (2024.. £111,450)
The Trustees have set a reserves policy which requires:
a) reserves are maintained at a level which ensures that Home-start Herts core actlvlty could
continue during a period of unforeseen difficulty.
b) a proportion of reserves ara maintained in a readily realisable form.
The calculation of the required level of reserves is an integral part of Home-slart Herts
planning. budget and forecast cycle and takes into account..
Having considered the risk. activty and commitments of the Ofganisation. Trustees have
agreed that Home-start Herts needs to retain a level of reserves bebNeen 3- and 6-months
running costs, plus redundancy and unspent restricted funds. If reserves are consistently above
6 months running costs, the Trustees will discuss how the exce&8 could be spent in lina wlth
tha charitys aims.
Subsequent to the year end the Trustees have reviewed the rese￿eS policy and have
determined that th8 raseNes should be between 2 to 4 months of running costs.
The free reserves of the charty at the end of the period are £68,909 (this is calculated by
taking the unrestricted funds and deducting any fixed assets).

HOME4TART HERTFORDSHIRE
REPORT OF THE TRUSTEES (includlng Dlre¢tors' Report) contlnued
FOR THE YEAR ENDED 31 MARCH 2025
Trustees, Responslbilitles In Relatlon to the Flnanclal Statements
The Trustees (who are also the d1￿CtorS of Home-start Hartfordshire for the purposes of
company law) are responsible for preparing the Report of the Trustees and the financial
statements in accordance wilh applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
Company law requires the TrLAStees to prepare the financial statements for each financial year
which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, including the income and expenditure, of the charity for
that period. In preparing these financial statements, th8 Trustees are required lo
selecl suitable accounting policies and thon apply them consistently;
obse￿8 Ihe methods and principlas of Charity SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements:
prepare the financial statements on the going concern basis unless it is inappropriate to
presuma that the charity will continue in business.
The Trustees are ￿sponSible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial statements comply with the Compani•$ Act 2006. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
In addition, the Trustees have taken advantage of the small companies, exemptions provid8d
by section 415A of the Companies Act 2006,
This Annual Report was approved by the Board of Trustees on ...,..,........
and signed on their behalf by:
Julia Gregory- Chair
10

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
HOME-START HERTFORD
HIRE
Independent examlnerfs report to the Trustees of Home-start Hertfordshire ('the
Company,)
I report to the charity Trustees on my examination of the accounts of the Company for the y8ar
ended 31 March 2025.
Re8pon8lbllltle8 and basls of report
As the charity's Trustees of the Company (and also its directors for the purpose of company
law) you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 2006 ('the 2006 Act.).
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 AGt and are eligible for independent examination, I report in respèct of my
examinatlon of your charity's accounts as carried out under Section 145 of the Charities Act
2011 ('the 2011 Acl,). In carrying out my examination I have followed the Directions given by
the Charity Commission under Section 145{5) (b) of the 2011 Act.
Independent examinerfs statement
Since your charity's gross income exceeded £250,000 your 8xaminer must be a member of a
listed body. I can confirm that l am qualified to undertake the examination b8cause l am a
member of the Institute of Chartered Accountants in England and Wales, which is one of the
Ilsted bodies.
I have completed my examination. I confimi that no matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Saction 386
of the 2006 Act; or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements of Section 396 of the
2006 Act other than any requirement that the accounts give a true and fair view which is
not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of
the Statement of Recommended Practice for accounting and reporting by charits'e8
(applicable to charities preparing their accounts in accordance with th8 Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS102)).
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
Neil C Harding
Bradshaw Johnson
Chartered Accountants
Croft Chambers
11 Bancroft
Hitchin
Hertfordshire
SGS 1JQ
11

HOME-START HERTFORDSHIRE
STATEMENT OF FINANCIAL ACTIVITIES (includlng Income and Expendlture Account
FOR THE YEAR ENDED 31 MARCH 2026
Unrestrlct•d R•$trleted TOTAL Unrestrlcted Restricted TOTAL
2025
2028
2025
2024
2024
2024
Note
INCOME FROM:
Donations and legacies
Other trading activities
Investments
256,307
94,156
1.795
409
45,126 301,433
94,156
1,79S
409
238,360 144,142 382,502
34.290
34,290
2.3C
151
2.306
151
Other incon
TOTAL INCOMÉ
362.667
46.126 397,793
275,107
144.142
419,249
EXPENDITURE ON:
Raising funds
Charitable actlvllies
91,418
301,176
392,594
91,418
58.805 369,981
58,806 451,399
106.175
106,175
394,704
247.687
147,017
TOTAL EXPENDITURE
353,862
147.017
500,879
NET {EXPENOITUREIIINCOME
139,9271 {13,879I 153,606) {78.755) {2,875) (81.8301
Transfer bètrrnèn furKI3
{2,704
Z,704
(42,631) (10,9761 {53,806) 178,755)
NET MOVEMENT IN FUND8
15
12.8751 181,630)
Fund b¥lancas brought lorward
111,540
16,648 128,188
190,295
19,523 209,818
TOTAL FUND8 CARRIED FORWARD
88,909
5,673
74,682
111,540
18.848 128 188
The statement of financial a¢tivrties includes all gains and losses recognised during Ihe year.
All income and expenditure derive from continuing activlties.
The statement of financial activities also complies with the requirements for an income and
expenditure account under the Companies Act 2006.
The notes on pages 14 to 25 form part of the financial statements
12

HOME-START HERTFORDSHIRE
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED 31 MARCH 2025
Company number: 08301552
Notes
2025
2024
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
2.146
94,263
96,409
3.828
152,848
158,678
CREOITORS . amounts falling due
wlthin one year
13
121.8271
(28,488)
NET CURRENT ASSETS
74.582
128,188
NET ASSETS
FUNDS
Unrestricted
Restrictad
74,682
128,188
15
15
68,909
5,673
111,540
16.648
TOTAL FUNDS
74.582
128,188
The company was entitled to exemption from audit under $477 of the Companies Act 2008
relating to small companies but as this Company is a charity, it is subject to independant
examination under the Charities Act 2011.
The member8 have not required the company to obtain an audit in accordance with section 476
of the Companies Act 2006.
The directors acknowledge their responsibilities for comptying wilh the requiraments of the
Companie8 Act with respect to accounting records and the pr8paration of accounts.
These accounts have been prepared in accordance with the provisions applicable to small
companies subject to the small companies regime and in accordance with SORP FRS102.
The fi
ancial statem
were approved and authorised for Issue by the Board on
. .1.1...2£)1¥.........
and signed on its behalf by".
(rvffl o y*
J M Grogory
Chalr
The notes on pages 14 to 25 form part of the financial statements
13

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
The prinGipal accounting policies adopted, judgmants and key sources of estimation
Un￿rtaInty in the preparation of the financial statements are as follows:
Basis of preparlng financlal statements
The financial statements have been prepared in accordance with Accounting and Reporling
by Charities.. Statement of Recommended Practice applicable to Charities preparing thèir
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (SORP FRS102) (effective 1 January 2019), the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities
Act 2011 and the Companies Act 2006.
The charity constitutes a public benefit entty as defined by FRS 102,
The financial statements are prepared in sterling. which is the functional currency of th8
charity. Monetary amounts in these financial statements are rounded to the nearest £.
Assets and liabilits-es are initially reGognised at historical cost or transaction valua unless
otheThvise stated in the relevant accounting policy note.
b. Preparatlon of the accounts on a golng conc8m ba818
The Trustees conslder that there are no material uncertainties aboLrt the charitable
company's ability to continue as a going concern.
The Trusts8s have made no key judgment8 which have a slgnlficant effect on the accounts.
The Trustees do not consider that there are any sources of estimation uncertainty at the
reporting date that have a significant risk of causing a matarial adjustment to the carrying
amount of assets and liabilities wrthin the next reporting period.
Income recognltlon
Income is recognised when the charity has entitlement to the funds, any performance
conditions attached to the item(s) of income have been met, it is probable that the income
will be received and the amount can be measured reliably.
Cash donations are recognised on receipt. Other donations are recognised once the charity
has been notified of the donats'on, unless performance conditions require deferral of the
amount. Income tax recoverable in relation to donations re￿ived under Gift Aid or deeds of
covenant is recognised at the time of the donation.
Income earned from fundraising events and trading activities Io false funds for the charity
are recognised when entitlement has occurred.
Income from government and other grants, whether 'capital' grants or'revenue, grants, is
recognised when the charity has entitlement to the funds. any performance conditions
attached to the grants have been met, it is probable that the income will be received and
the amount can be measured reliably and is not deferred.
14

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
FOR THE YEAR ENDED 31 MARCH 2026
d. Donated glfts and services
Donated professional services and donated facilities are recognised as income when th8
charity has control over the item. any conditions associated with the donated item have
been met, the receipt of economic benefit from the use by the charity of the item is probable
and that economic benefit can be measured reliably. In accordance with Ihe Charities
SORP (FRS 102), general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the
basis of the value of the gift to the charity which is the amount the charity would have been
willing to pay to obtain services or facilities of equivalent economic benefft on the open
market", a corresponding amount is then recognised in 8xpenditure in the period of receipt.
e. Interest recelvabla
Interest on funds held on deposit is included when receivable and the amount can be
measured reliably by the charity; this is nomally upon notification of the interest paid or
payable by the Bank.
f. Fund accountlng
Unrestricted funds are available to spend on activities that furthèr any of the purposes of
charity.
Restricted funds are donations which the donor has specified are to be solely used for
particular areas of the charity's work or for specific projects being undertaken by the charity.
g. Expendlture
Expenditure is recognlsed once there is a legal or constructive obligation to make
payment to a third party, it is probable that settlement will b8 required and the amount of the
obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified as the aggregate of all costs related to a category under Ihe following
headings..
Costs of raising funds includes the Cosls in relation to fundraising events, seeking and
following up voluntary contributions and donations from supporters and grant writing
consultants.
Expenditur8 on charitabla actlvltles includes the costs undertaken to further th6 purposes
of the charity and their associated support costs.
Other expenditure represents those items not falling into any other heading.
Iriecoverable VAT is charged as an expense against th8 activity for which expenditure
arose.
h. Allocatlon of support costs
Support cosls are those functions that assist the work of the charity but do not directly
relate to either cost of raising funds or charitable activities. These costs are all allocated to
charitabl8 activities.
15

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
FOR THE YEAR ENDED 31 MARCH 202S
l. Tanglble flxed assets
Individual fixed assets costing £1.000 or more are capitalised at cost and are depraciated
over their estimated useful economic lives on a straight-lina basis as follows:
Computer equipment
33 /0 Straight-line basis
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered. Prepayments are valued at the amount prepaid net of any tradè discounts
due.
k. Cash at bank and In hand
Cash at bank and cash in hand includes cash and short tem highly liquid investments with
a short maturity of Ihree months or less from the dat8 of acquisition or opening of the
deposit or sirnilar account.
l. Credltors and provlslons
Creditors and provisions 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 to settle the obligation can b8 measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowlng for any trade
discounts due.
m. Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instrumenls. Basic financial instruments are initially recognised at transaction
value and subsequently measured at their settlement value with the ex￿ptIOn of bank
loans which are subsequently measur8d at amortised cost uslng the effectiv8 interest
method.
n. Penslons
Employees of the charity are entitled to join a defined contribution 'money purchase,
scheme. The charity's contribution Is restricted to tha contributions disclosed in note 9.
o. Corporatlon Tax
The charity is exempl from tax on income and gains falling withln Chapler 3 of Part 11 of
the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992
to the extent that these are applied to its charitable objects. No tax charges have arisen in
the charity.
p. Legal status of the charltable company
Home-start Hertfordshire is a ¢haritable company incorporated in England. The registered
office is 5 Bedwell Park, Stevenage, Hertfordshire. SG1 1 N8.
The members of the charitable company are the Trustees named on page 2.
In the event of the charitable company being wound up. each Trustee has undertaken to
contribute to the assets of the charitable company such amounts as required, but not
exceeding £1. This guarantèe extends until one year after a Trustee ceases to be a
member. The Trustees control the charitable company.
16

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (continued>
FOR THE YEAR ENDED 31 MARCH 2025
DONATIONS AND LEGACIES
Unrogtrlctsd Restrlcted TOTAL Unrestricted Reslncted TOTAL
202S
2025
2026
2024
2024
2024
Donats'ons
Donaled gifts and seNices
Fundraising activitles and
campaigns
Grants
Slalulory funding
Corporate funding
52.825
36,450
soo
53,325
36,450
43,244
52,104
43.244
52,104
S4,843
$4,843
58,871
58.871
1fA.700
32,928 137,628
11,698
11,698
7,489
38,051
108,778 146.829
35.364
35,364
48.090
7,489
46,090
238.380
286,307
45,126 301.433
144.142
382.502
Analy818 of recelpt• of gov•mm•nt grant8 (Includod above
202S
2024
Broxboume 8¢Jrough Council
East Herts Council
Herts County Council
Local Councillor granls
North Hefts District Council
St Abans Distriei Council
Stevanage Borough Council
Welvryn Haffield Borough Council
2,C#JO
3,000
2,$00
6,900
4120
10,000
500
2,058
3,200
soo
11,698
35.364
INCOME FROM OTHER TRADING ACTIVITIES
Unre8tr1cted R••trl¢tod TOTAL Unr8stri￿ed Restrlcted TOTNL
2028
2026
2025
2024
2024
2024
Fundraislng events
94.156
94,156
34.290
34.290
94,166
94,156
34.290
34,290
INVESTMENTS
Unr•$trlctsd Re$trl¢t•d TOTAL
2025
2025
2025
Unrestrl¢ted Restricted TOT AL
2024
2024
2024
Interest rec8ivable
1,795
1,795
1,795
1,79S
2,306
2,306
2,306
2,306
17

HOME-START HERTFOROSHIRE
NOTES TO THE FINANCIAL STATEMENTS (continuedl
FOR THE YEAR ENDED 31 MARCH 2025
RAISING FUNDS
Unrestrlctod Réstrl¢t?d TOTAL Unrestrict8d Rostricled TOTAL
2025
2025
2025
2024
2024
2024
Fundraising costs
Consultancy costs
staff costs
50,027
385
41.008
50,027
385
41,006
50,007
12,279
43,889
50,007
12,279
43.889
91,418
91,418
106,175
106.175
CHARITABLE ACTIVITIES
Charitable
Expondlture
2025
Charitable
Expenditure
2024
Stsff costs
Premises costs
Adrrin costs
Family Group costs
Fa￿￿lY Support costs
Trips and ktivitl88
Subscriptions
Telephone
Training and recruitment
Travel
Volunteer costs
278.621
8,374
3,556
12,385
6,381
796
591
2,631
297,857
15,985
3.255
15.626
9.318
1,608
582
3,535
1,150
11,628
2,012
10,086
999
322.400
26,476
11,105
362,556
23,318
8,830
Support costs (see note 7)
Governance costs (see nots 7)
TOTAL EXPENDITURE
359.981
394.704
Unrestricted funds
Restricted funds
301,176
58,805
359,981
247.687
147,017
394.704
18

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2025
SHARE OF SUPPORT AND GOVERNANCE COSTS
Support Governan¢e
Costs
Costs
202S
2025
TOTAL
Support Govemance
Costs
Costs
2024
2024
TOTAL
202S
2024
Accountancy fees
AGM fees
HSUK fees
Insurance
Independent
examinatlon fee
IT costs
Legal Fees
Professional fees
Trustee eypenses
12,28S
12.285
15
7,546
1,878
10.270
10,270
200
6,328
1,402
15
200
6.328
1,402
1,878
1,060
1,060
14,191
480
81
45
900
900
12,548
14,191
12,548
81
46
500
500
26,476
11,105
37,581
23,318
8,830
32.148
AJI costs were for Charitable Activities.
NET INCOMEI{EXPENDITUREI
Net incomel(expenditurel Is staled after charging
2025
2024
Depreciation
Independent exanlnors foe
2,603
900
1.060
19

HOME4TART HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
FOR THÉ YEAR ENDED 31 MARCH 2025
STAFF COSTS AND KEY MANAGEMENT PERSONNEL
2025
2024
Wages and salaries
Social security costs
Erroloyerfs pension costs
293,918
17,145
8,564
312.378
19.145
10,223
319,627
341.746
Allocatsd as follows:
Cost of raising ftjnds
Charitable activities
41.006
278.621
43,889
297,857
319,627
341,746
No employee received total enployee banefits (excluding •mployor pension costs)
of mre than £80,000.
The average nuntsr of staff eny)loyed during the perlod was 16 (2024: 17).
The key nk?nage￿nt personnel of the charity comprise the Trustees, lh8 CEO,
the 8usiness Develop￿Ent Manager, the Service Delivery Manager and the
Finance Manager. The Chief Executive left the organisation in Decen*er 2024.
The Trustees have decided that currently they are not recruiting lor the role, The
total enwloyee beneffts of the key management personnel of the charity were
£147,395 (2024: £170.850).
20

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2025
10. TRUSTEES, REMUNERATION AND EXPENSES, AND RELATED PARTY
TRANSACTIONS
The Trustees all give freely their time and expertise without any fom of remuneration or
other benefit in cash or kind, During the year one Trustee claimed eypenses totalling
£45 for attendance at a fundraising event where they were reprasenting the charity
{2024: £nil)
There are no donations from related parties which are outside the normal course of
business and no restricted donations from related parties.
No trustee or othar parson related to th8 charity had any personal interest in any
contract or transaction entered into by the charity, including guarantees, during the year
(2024: £nil).
Trustees indemnity insurance is covered in the Charity insurance policy.
11. TANGIBLE FIXED ASSETS
Computer
Equipment
Total
Cost:
At l April 2024
Addition5
Dlsposals
At 31 March 2025
16,169
16,169
16,169
16,169
Depreciation
At l Aprll 2024
Char8e for the year
Disposals
At 31 March 2025
16.169
16,169
16,169
16.169
NBV at 31 March 2025
NBV at 31 March 2024
Net book value at 31 March 2025 represents fixed assets used for charitable purposes.
21

HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS Icontinued)
FOR THE YEAR ENDED 31 MARCH 2025
12. DEBTORS
2025
2024
Prepayments & ac¢ru8d incoff
2.146
3.828
2,146
3.828
13. CREDITORS . Amounts falllng du• within one year
2025
2024
Trade creditors
Social secuflty and other taxes
Accruals and deferred incom8
Other creditors
2,141
2.627
15,588
1,471
388
3,877
22,244
1,981
21,827
28,488
14. PENSIONS
The charitable company operate8 o dafined Contrlbullon pension scheme for qualifying employ8as. The
098&ts of thè schem8 are held separal8ly from those of the charity in an Independently adnynistered
fund.
At 31 March 2025, the amount outstanding was £1,471 (2024.. £1.981).
22

HOME￿TART HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (continued
FOR THE YEAR ENDED 31 MARCH 2026
15. MOVEMENT IN FUNDS
8alance at
Incoming Resources
Balance at
l April 2024 Resources Expended Tran5fer5 31 March 202
Unrestrlcted Funds
111.540
352,667
1392,5941
12,7041
68,909
Restricted Funds
Bl8 Hopes. Big Futures
North Herts
St Albans
Stevenage
Welwyn Hatfield
Dacorum
East Herts
Herts County Councll
Hitchln Youth Trust
Letchworth
HCF- Stevenage Farnlly Group
John Apthorp
536
5,348
{530}
14.3991
{4,8401
111.6291
(200)
{400)
{8,71)0)
{4,635)
12.8401
(16,0671
11371
14,4281
158,805)
2,058
4,840
11.0
200
400
8,700
3,007
3.151
2,522
4,773
2,840
138
13,5CK)
2,567
137
4,428
45,126
16.648
2,704
5,673
Total Funds
128,188
397,793
{451,3991
74,582
23

HOME4TART HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 MARCH 2026
15. MOVEMENT IN FUNDS (continued
Previou5 reportlng perlod
8alance at
Incoming Resources
8alance at
l April 2023 Resources Expended Transfers 31 March 2024
Unrestricted Funds
190,295
27S,107
1353,8621
111.540
Restrlcted Funds
Big Hopes, Big Futures
North Herts
St Albans
Stevena8e
Welwyn Hatfield
Dacorum
East Herts
Hert$ County Council
Hitchln Youth Trust
HCF- Stevenage Family Group
TNL Cost of Llving
2,SOO
19,620
13,250
7,500
11,544
1.000
3,950
(1,9641
117,557)
113,750)
14,8671
113.744)
12,CNJOI
14,2501
16,8741
15.2331
12,500)
74,278
174,278
144,142 (147,017)
536
5.348
3,285
500
518
2,200
1.000
300
6,647
2,573
2,500
3,151
4,773
2,840
5,500
19,523
16,648
Total Funds
209,818
419.249
1500,8791
128,188
The purpose of each restricted fund Is:
818 Hopes. Bi8 Futures
To provide educational resources for use by the charlty.
North Herts
To provide support to familles livin8 In the North Herts area of Hertfordshire.
St Albans
To provide support to families living In the St Albans area of Hertfordshire.
Stevena8e
To provide support to famllles Ilving in the Stevena8e area of Hertfordshire.
Welwyn Hatfield
To provide support to families living in the Welwyn Hatfield area of Hertfordshlre.
Dacorum
To provide support to families living In the Dacorum area of Hertfordshire.
East Herts
To provlde support to famllies livlng in the East Hert5 area of Hertfordshlre.
Herts County Councll
To provide support to families living in Hertfordshire through the provision of supermarket vouchers and the
purchase of goods and equiprnent on behalf of famllles who are sufferin8 financlal deprfvatlon.
24

HOME-START HERTFOROSHIRE
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
FOR THE YEAR ENDED 31 MARCH 2025
15. MOVEMENT IN FUNDS (continued)
Hitchin Youth Trust
To fund the running of the family group at the Hitchin Youth Trust. Hitchin.
Letchworth
To provide support to families livin8 in the North Herts area of Hertfordshire.
HCF - Stevenage Famlly Group
To fund the runnln8 of the family group at the St Nicholas Community Centre, Stevenage.
John Apthorp
To sUPPOrt the charity with the purchase of laptops.
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrlcted Restrfcted
Funds
Funds
Total
Funds
Tangible fixed assets
Net current assets/(liabilitSes)
68,909
68,909
S,673
5,673
74,582
74,582
Prevlous reportlnq perfod
Unrestrlrted Re5tr1cted
Funds
Funds
Total
Funds
Tangible fixed assets
Net current assets/{Ilabilities)
111,540
111,540
16,648
16,648
128.188
128,188
25