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← Halas Homes

2025-09-30-accounts

Company registration number 02236170 (England and Wales) Charity registration number 701912 (England and Wales)

HALAS HOMES

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

HALAS HOMES

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr A Billingham
Mrs N Billingham (Chairperson)
Mr S Scriven
Ms G Leno
Mr M Billingham
Mrs S Jarrett (nee Billingham)
Charity number 701912
Company number 02236170
Registered office Halas Home
Wassell Road
Halesowen
West Midlands
United Kingdom
B63 4JX
Auditor BK Plus Audit Limited
Azzurri House
Walsall Business Park
Walsall Road
Walsall
WS9 0RB
Bankers Lloyds Bank Plc
153 High Street
Rowley Regis
West Midlands
B65 0EB

HALAS HOMES

CONTENTS

Page
Trustees' report 1 - 3
Statement of trustees' responsibilities 4
Independent auditor's report 5 - 7
Statement of financial activities 8
Balance sheet 9
Statement of cash flows 10
Notes to the financial statements 11 - 23

HALAS HOMES

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees present their annual report and financial statements for the year ended 30 September 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

All our charitable activities focus on the promotion and support for people with learning disabilities and are undertaken to further our charitable purposes for public benefit.

We have referred to the guidance contained in the charity’s commissions general guidance on public benefit when reviewing our aim and objectives and in planning our future activities.

Our objectives are:

• To promote and support the care and wellbeing of people with learning disabilities. • To increase public awareness and understanding of the challenges faced by people with learning disabilities and their families, encouraging inclusion and acceptance within the wider community. • To provide advice and support to people with learning disabilities and their families within the charity’s area of operation.

To achieve these objectives, Halas Homes provides regulated residential care, supported living services and structured day opportunities tailored to individual needs. Care provision is regularly reviewed to ensure support remains appropriate as individuals’ needs change.

The charity continues to operate in full compliance with Care Quality Commission (CQC) standards and regulatory requirements, maintaining a strong focus on safety, dignity, empowerment and inclusion.

During the year, the charity continued to provide suitable housing directly to individuals receiving support services.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Halas Homes exists to support individuals with learning disabilities to live fulfilling lives within their communities.

Our services provide:

• Safe, high-quality accommodation
• Personalised care and support
•
Access		 to
social,		 educational and employment-related opportunities
• Support to families and carers

The charity’s activities reduce social isolation, promote independence, and contribute to improved wellbeing outcomes for vulnerable adults within the local area.

HALAS HOMES

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Achievements and performance

Significant activities and achievements against objectives

Service delivery and quality

During the year, Halas Homes continued to provide stable and high-quality care across its residential and supported living services. Individual care plans were regularly reviewed to reflect changing needs and to ensure personcentred delivery.

The charity maintained compliance with regulatory requirements and internal governance standards, with ongoing monitoring of safeguarding, health and safety, staffing levels and training.

Day opportunities and community integration

The Day Centre operated throughout the year, providing structured activities and social engagement opportunities for both residential and community-based individuals. Attendance levels remained stable, and the service continued to focus on skill development, creativity and community participation.

Community links were strengthened through collaborative work with local organisations and educational providers, supporting inclusion and visibility of people with learning disabilities within the local area.

Social enterprise and employment initiatives

The Coffee Cups social enterprise operated from its café premises until February 2025. Following the withdrawal of National Lottery funding, the trustees made the decision to cease trading from the external café site in order to protect the charity’s financial position.

The project has not been discontinued. Delivery has been integrated into the Day Services building, enabling the charity to continue offering vocational opportunities, community engagement and structured activity for individuals, albeit within a revised operational model.

This transition has ensured that the charitable objectives of the project continue to be met, while reducing financial risk and overhead costs associated with maintaining a separate premises.

Governance and organisational development

The trustees continued to focus on prudent financial management, service sustainability and long-term strategic planning. Resources were managed carefully to ensure continued delivery of charitable objectives and resilience against cost pressures within the care sector.

Operational systems and oversight mechanisms were strengthened during the year to support transparency, compliance and effective management.

Financial review

The trustees review of the financial position of the charity indicates a sound financial position. In deciding on the investment funds a cautious approach is adopted having taken into account social, environmental and ethical considerations.

The charity’s reserves policy is:

a) To continue to provide a secure environment for the residents.

b) To assist the development of supported living with the provision of appropriate accommodation and support.

c) The reserves at 30 September were £1,913,328

d) In the opinion of the Trustees this level of reserves is needed to ensure the continuing care and support of its residents in the coming years. This policy will be regularly reviewed.

The trustees have assessed the major risks to which the charity is exposed, are satisfied that systems are in place to mitigate exposure to the major risks.

HALAS HOMES

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, governance and management

The charity is a company limited by guarantee and the governing document is the Articles and Memorandum of Association.

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:

Mr A Billingham Mrs N Billingham (Chairperson) Mrs S Hampton (Resigned 12 September 2025) Mr S Scriven Ms G Leno Mr M Billingham Mrs S Jarrett (nee Billingham)

Recruitment and appointment of trustees

The recruitment and appointment of new trustees, when applicable, follows the established procedures as for a new employees.

The trustees, with Mrs N Billingham as Chairperson manage the charity, Mrs S Edwards, the CEO, has day-to-day control of the management of the charity.

Trustees are not remunerated, and are responsible for setting the remuneration of key management personal.

Funds held as Custodian Trustee

Funds belonging to residents are maintained in a separate bank accounts and regularly reconciled.

Independent Auditor

In accordance with the company's articles, a resolution proposing that BK Plus Audit Limited be reappointed as auditor of the company will be put at a General Meeting.

The trustees' report was approved by the Board of Trustees.

Mrs N Billingham (Chairperson)

Trustee

2 April 2026

HALAS HOMES

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees, who are also the directors of Halas Homes for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

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

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies 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.

HALAS HOMES

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF HALAS HOMES

Opinion

We have audited the financial statements of Halas Homes (the ‘charity’) for the year ended 30 September 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

HALAS HOMES

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HALAS HOMES

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

From the preliminary of the audit, we ensure our understanding of the entity is up to date. This includes, but is not limited to, current knowledge of their activities, the business and control environments, and their compliance with the applicable legal and regulatory frameworks. This information supports our risk identification and the subsequent design of audit procedures to mitigate those risks; ensuring that the audit evidence obtained is sufficient and appropriate to support our opinion.

In response to the risks identified, specific to this entity, we designed procedures which included, but were not limited to:

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

HALAS HOMES

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HALAS HOMES

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Andrew Williams FCCA (Senior Statutory Auditor) For and on behalf of BK Plus Audit Limited

2 April 2026

Azzurri House Walsall Road Aldridge Walsall England WS9 0RB

HALAS HOMES

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
21,705
10,600
Charitable activities
4
2,108,356
-
Other trading activities
5
3,511
-
Investments
6
125
-
Total income
2,133,697
10,600
Expenditure on:
Charitable activities
7
2,102,114
37,330
Other expenditure
12
352
-
Total expenditure
2,102,466
37,330
Net income/(expenditure)
31,231
(26,730)
Transfers between
funds
(4,941)
4,941
Net movement in
funds
9
26,290
(21,789)
Reconciliation of funds:
Fund balances at 1 October
2024
2,128,267
56,173
Fund balances at 30
September 2025
2,154,557
34,384		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
32,305
47,764
91,800
2,108,356
2,139,256
-
3,511
-
-
125
568
-
2,144,297
2,187,588
91,800
2,139,444
2,084,669
91,699
352
(1,422)
-
2,139,796
2,083,247
91,699
4,501
104,341
101
-
-
-
4,501
104,341
101
2,184,440
2,023,926
56,072
2,188,941
2,128,267
56,173		 Total
2024
£
139,564
2,139,256
-
568
2,279,388
2,176,368
(1,422)
2,174,946
104,442
-
104,442
2,079,998
2,184,440

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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 22 form part of these financial statements.

HALAS HOMES

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

Notes
Fixed assets
Tangible assets
14
Current assets
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
18
Unrestricted funds
19		 2025
£
£
2,114,219
32,016
122,171
154,187
(79,465)
74,722
2,188,941
34,384
2,154,557
2,188,941		 2024
£
£
2,113,461
80,721
91,843
172,564
(101,585)
70,979
2,184,440
56,173
2,128,267
2,184,440		 2024
£
£
2,113,461
80,721
91,843
172,564
(101,585)
70,979
2,184,440
56,173
2,128,267
2,184,440
2,184,440
56,173
2,128,267
2,184,440

The notes on pages 14 to 22 form part of these financial statements.

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 2 April 2026

Mrs N Billingham (Chairperson)

Trustee

HALAS HOMES

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Notes
Cash flows from operating activities
Cash generated from operations
23
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
Investment income received
Net cash used in investing activities
Net cash generated from financing activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(19,726)
150
125		 £
49,779
(19,451)
-
30,328
91,843
122,171		 2024
£
(66,476)
1,422
568		 £
39,483
(64,486)
-
(25,003)
116,846
91,843

The notes on pages 14 to 22 form part of these financial statements.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

HALAS HOMES

1 Accounting policies

Charity information

Halas Homes is a private company limited by guarantee incorporated in England and Wales. The registered office is , Halas Home, Wassell Road, Halesowen, West Midlands, B63 4JX, United Kingdom.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

The Trustees believe that the going concern basis is appropriate after review of historical financial information showing profits and positive cash flows. The balance sheet is currently in a positive net asset and current net asset position. Future forecasts show profits and positive cash flow.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Gifts in kid donated for distributions are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party bearing the cost.

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

1 Accounting policies

(Continued)

The charity receives government grants in respect of care provided to residents. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

No amount is included in the financial statements for volunteer time in line with the SORP.

1.5 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Premises overheads have been allocated on a floor area basis and other overheads have been allocated on the basis of the head count.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings Not depreciated Fixtures and fittings 12.5% to 25% straight line Motor vehicles 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

No depreciation is provided on freehold property as in the opinion of the trustees there has been an increase in the value between the date of purchase and the balance sheet date.

FRS102 requires that each class of tangible fixed asset is either revalued regularly or not at all. The policy that has been adopted is not to revalue in the future.

The cost of minor additions or those costing below £500 are not capitalised.

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

1 Accounting policies

(Continued)

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

1 Accounting policies

(Continued)

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12 Government grants

Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

1.13 Provisions

Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There are no critical accounting estimates or judgements in the period.

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
21,705
10,600
Grants
-
-
21,705
10,600		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
32,305
46,750
-
-
1,014
91,800
32,305
47,764
91,800		 Total
2024
£
46,750
92,814
139,564

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Charitable income
Incoming resources from charitable activities 2,108,356 2,139,256
5 Income from other trading activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising events 267 -
Other income 3,244 -
Other trading activities 3,511 -
6 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 125 568

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

7 Expenditure on charitable activities

Charitable Charitable
expenditure expenditure
2025 2024
£ £
Direct costs
Staff costs 1,696,061 1,681,079
Depreciation and impairment 18,465 13,107
Food, toiletries and cleaning 96,775 112,097
Welfare expenditure 38,561 33,515
Cleaning and miscellaneous expenses 39,776 29,446
Resident expenses - 384
Day centre activities 13,557 9,769
Property & equipment maintenance 76,521 81,209
1,979,716 1,960,606
Share of support and governance costs (see note 8)
Support 132,176 180,633
Governance 27,552 35,129
2,139,444 2,176,368
Analysis by fund
Unrestricted funds 2,102,114 2,084,669
Restricted funds 37,330 91,699
2,139,444 2,176,368

Grant expenditure relates to resources expanded, from restricted funds, for activities and project for the charities beneficiaries.

8 Support costs allocated to activities

Charitable Charitable
expenditure expenditure
2025 2024
£ £
Rent 2,565 8,668
Rates 16,113 11,502
Light and heat 59,462 99,099
Telephone, postage and stationary 15,499 16,243
Insurance 20,579 24,079
Bad and doubtful debts 3,023 1,050
Admin costs 14,935 19,991
Governance 27,553 35,129
159,729 215,761

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

8
Support costs allocated to activities
Governance costs comprise:
Audit fees
Legal and professional
Share of support costs		 (Continued)
2025
2024
£
£
13,058
12,600
13,051
19,117
1,444
3,412
27,553
35,129		 (Continued)
2025
2024
£
£
13,058
12,600
13,051
19,117
1,444
3,412
27,553
35,129
35,129

Governance costs include payments to the auditors of £9,000 (2024 - £8,820) for audit fees and accountancy fees of £3,858 (2024 - £3,780).

9 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements 13,058 12,600
Depreciation of owned tangible fixed assets 18,466 13,106
Loss/(profit) on disposal of tangible fixed assets 352 (1,422)

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

Trustees' indemnity insurance of £1,444 was paid during the year (2024 - £3,412).

Key management personnel remuneration

The total amount of employee benefits received by key management personnel is £140,861 (2024 - £75,559).

In 2024, a loan of £2,196 was provided to a member of key management personnel. At the balance sheet date, £200 (2024 - £1,196) remains outstanding. The loan is interest free and no amounts have been written off or waived.

The charity considers its key management personnel are those persons having authority and responsibility to vote for significant decisions of the charity.

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Supervisory and domestic staff 60 64
Management and administration 14 14
Total 74 78

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

11
Employees
Employment costs
Wages and salaries
Social security costs
Other pension costs
The number of employees whose annual remuneration was more than £60,000
is as follows:
£60,000-£70,000
12
Other expenditure		 (Continued)
2025
2024
£
£
1,518,500
1,536,562
148,068
111,768
29,493
32,749
1,696,061
1,681,079
2025
2024
Number
Number
1
1		 (Continued)
2025
2024
£
£
1,518,500
1,536,562
148,068
111,768
29,493
32,749
1,696,061
1,681,079
2025
2024
Number
Number
1
1
1,681,079
2024
Number
1
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Net loss on disposal of tangible fixed assets 352 (1,422)

13 Taxation

As a charity, Halas Homes is exempt from tax on income and gains in accordance with sections 466 to 493 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that the income and gains are applied to its charitable objects. No tax charges have therefore arisen in the charity.

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

14
Tangible fixed assets
Freehold land
and buildings
Fixtures and
fittings
£
£
Cost or valuation
At 1 October 2024
2,033,888
283,611
Additions
-
19,726
Disposals
-
(4,013)
At 30 September 2025
2,033,888
299,324
Depreciation and impairment
At 1 October 2024
-
204,038
Depreciation charged in the year
-
18,466
Eliminated in respect of disposals
-
(3,511)
At 30 September 2025
-
218,993
Carrying amount
At 30 September 2025
2,033,888
80,331
At 30 September 2024
2,033,888
79,573		 Motor
vehicles
£
72,623
-
-
72,623
72,623
-
-
72,623
-
-		 Total
£
2,390,122
19,726
(4,013)
2,405,835
276,661
18,466
(3,511)
291,616
2,114,219
2,113,461

Land and buildings with a carrying amount of £2,033,888 were revalued at 30 September 2022 by the trustees.

This valuation was based on the local knowledge of property prices in the surrounding area.

At 30 September 2025, had the revalued assets been carried at historic cost less accumulated depreciation and accumulated impairment losses, their carrying amount would have been approximately £1,758,275 (2024 - £1,758,275).

15 Debtors

Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 2025
£
30,743
200
1,073
32,016		 2024
£
75,550
4,196
975
80,721

Trade debtors includes bad debt provisions of £3,023 (2024 £1,050).

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

16
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
17
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
24,296
27,481
1,311
26,377
79,465
2025
£
29,493		 2024
£
22,057
55,286
7,720
16,522
101,585
2024
£
32,749

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

18 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Transfers Balance at
1 October 2023 resources expended
1		 October 2024 resources expended 30 September
2025
£ £ £ £ £ £ £ £
Lottery Fund - Employability 35,684 76,400 (84,629) 27,455 - (31,578) 4,123 -
Legacy Trust 20,389 10,000 (1,669) 28,720 - (4,336) - 24,384
WM Care Association Digitalisation - 5,400 (5,400) - 600 (600) - -
A&H Construction - - - - 10,000 - - 10,000
56,072 91,800 (91,698) 56,173 10,600 (36,514) 4,123 34,384

Lottery Fund Employability - This fund was to help young people with learning disabilities into employment by teaching them skills in a commercial setting. The funding for this has now ceased.

Legacy Trust - a legacy to be used for the improvement of the home for a resident.

WM Care Association Digitalisation Fund - This fund was to upgrade software and IT consumables.

A&H Construction - 50% is to be spent towards air conditioning units in the Day Centre and the remaining 50% is to be spent towards updating the lounge in the Care Home. This has not yet been expended.

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

19 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At
General funds
Previous year:
At
General funds		 1 October
2024
Incoming
resources
Resources
expended
£
£
£
2,128,267
2,133,697
(2,102,466)
1 October
2023
Incoming
resources
Resources
expended
£
£
£
2,023,926
2,187,588
(2,083,247)		 Transfers
At 30
September
2025
£
£
(4,941)
2,154,557
Transfers
At 30
September
2024
£
£
-
2,128,267

Included in unrestricted funds is £275,613 (2024 - £275,613) in respect of a revaluation reserve.

20 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 30 September 2025:
Tangible assets
2,092,524
21,695
Current assets/(liabilities)
62,033
12,689
2,154,557
34,384
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 30 September 2024:
Tangible assets
2,088,428
25,033
Current assets/(liabilities)
39,839
31,140
2,128,267
56,173		 Total
2025
£
2,114,219
74,722
2,188,941
Total
2024
£
2,113,461
70,979
2,184,440

HALAS HOMES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

21 Operating lease commitments

Lessor

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years
22
Related party transactions
Please refer to note 10. No further related party transactions noted.
23
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Loss/(gain) on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease in debtors
(Decrease) in creditors
Cash generated from operations
24
Analysis of changes in net funds		 2025
2024
£
£
-
904
-
903
-
1,807
2025
2024
£
£
4,501
104,442
(125)
(568)
352
(1,422)
18,465
13,107
48,705
68,816
(22,119)
(144,892)
49,779
39,483

The charity had no material debt during the year.