Company Registration No. IY1621555 Home-start Banbridge (A company limited by guarantee) Directors, Report and Financial Statements Year Ended 31 March 2025
HomeAStart Banbridge Contents Page Company Inforniation Directors, Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-13
Home-start Banbridge Company infornlation DirectorslGuarantors Angela Wilkins (Chair) Margaret Ellis (Vice Chair) Carole Power (Treasurer) Secretary Donna Neill Company Number N1621555 Charity Number 100635 Registered oifice Hughes House 6 Church Street Banbridge BT32 4AA Independent Aeeountants Jones Peters Chartered Accountants Hughes House 6 Church Street Banbridge BT32 4AA Bankers Ulster Bank 22 Bridge Street Banbridge BT32 3JT Page I
Home-start Banbridge Directors, report for the year ended 31 March 2025 The Directors present their rq)ort together with the unaudited financial statements for the year ended 31 March 2025. The financial statements comply with current statutory requirements, the Memorandum and Articles of Associatio the requirements of a directors, report as laid down by company law, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102), the NI Charities Act 2008, The Companies Act 2006 and UK Generally Accepted Practice. STRUCTURE, GOVERNANCE AND LVIANAGEMEwr Governing document Home-start Banbridge, is a company limited by guarantee governed by its Memorandum and Articles of Association. It has been wted clwitable status by HM Revenue & Customs, under reference XTI 77. Home-start Banbridge, was officially regÉstered with the Northern Ireland Charity Commission on 15 August 2016 under Charity Number 100635. Board of Directors The Board of Directors administer the company. The board oversee the day-to-day running of the charity. Principal Activity The principal activitylpurpose of the company is the provision of support for families with young cbildren. Home-start is a local community network of trained volunteers and expert support helping families with young children through their challenging times. The objective of the company is to: safeguard, protect and preserve the good health, both mental and physical of children and parents of children. To prevent cruelty to or maltreatsnent of children. To relieve sickness, poverty and needs amongst children and the parents of children. To promote the education of the public in better standards of childcare. To prevent loneliness and isolation. The Directors confirn] they have complied with the Charity Commission's guidance on public benefit, including the guidance 'public benefit, running a charity (PB2). The company relies on continued donations to cover its operating costs. Trustees of the Charity The Directors of the charitable company are its trustees for purposes of charity law and will be referred to as Directors througbout these financial statements. The Directors who have served during the year and since the year end were as follows:_ Angela Wilkins (Chair) Margaret Ellis (Vice Chair} Carole POW (Treasurer) As per our Articles of Association at incoOration on 27 March 2014 and amended by Special Resolution on 27 July 2016 it is stated at paragraph 3.3 that 'the Trustees when complete consist of at least four and not more than twelve individuals over the age of 18" Our fourth Trustee Cannel Renshaw passed away during the previous financial year and we have been unable to recruit a replacement however we are actively continuing to ty and recruit a forth Trustee possibly through co-opting on a temporary basis in accordance with paragraph 3.8 of our Articles. Page 2
Home-start Banbridge Directors, report for the year ended 31 March 21125 A Director may not act as a Director unless he/she: l ) is a Member. and 2) has signed a written declaration of willingness to act as a charity director of the Charity. A Director's terni of office as such automatically tern]inates if he/she: l ) is disqualified under the Charities Act from acting as a charity Director. 2) is incapable, whether mentally or physically, of managing his/her own affairs. 3) is absent without pern]ission from four consecutive meetings of the Directors and is asked by a majority of the other Directors to resign. 4) resigns by written notice to the Directors (but only if at least two Directors will remain in office). and 5) is removed by the Members by resolution passed by at least 51 % of the members present and voting at a general meeting. Management Committee a) The policy and general management of Home-start shall be directed by the Management Comrnittee, which shall meet not less than three times in each financial year. b) The membership of the Management Committee shall be: i) The chairperson, treasurer and honorary officers. ii) Three members representing voluntary organisations in membership. iii) Two representatives of individual members. iv) Two representstives of Home-start volunteers. v) Representatives from statutory bodies as deterniined from time to time by the Management Committee, providing always that a funding authority shall be entitled as of right to representatio if it wishes to exercise that right. vi) Not more than five persons having special knowledge and experience co-opted until the next annual meeting by the Management Committee. c) The Management Con]mittee may from time to time invite persons holding public office to become ex-officio members of Home-start an(Vor the Management Committee. d) Organisations represented on the Management Committee may nominate deputies to their appointed representatives. Such deputies may attend, but shall not exercise the voting power of the appointed representatives. e) The Management Committee may, at its discretion. regard as lapsed the membership of any member of the Management Committee who has attended fewer than two of six consecutive meetings and in the case of representative Members may, after inforn]ing the member concerned, invite the organisation to nominate a replacement member. The Management Committee shall have the power to set up such committees, sub-committees, working parties and/or support groups as shall be deemed necessary for the proper management of Home-start, provided that full and regular reports are made back to the Management Committee, provided that a majority of the members of such committees, sub-committees, working parties an(Vor support groups shall be members of the Management Con]mittee. g) The Management Committee shall have the power: To accept or reject applications for any category of membership. To fix the amount of all subscriptions. For good and sufficient reason to temiinate the membership of any member organisation or group or individual member provided that any such member organisation or group or individual member shall have the right to be heard by the Management Committee before a decision is taken and to be represented if they so wish. Annual General Meeting The annual meeting of Home-start shall be held in each year at such time (not being more than 15 months after the holding of the preceding annual meeting) and such place as the Management Committee shall determine. At least 21 days, notice shall be given in writing to the members of Home-start and of the Management Committee. Other meetings of Home-start shall be held at such times as may be deterniined by the Management Committee. Page 3 ii) iii)
Hojne-start Banbridge Directors, report for the year ended 31 March 2025 PUBLIC BENEFIT STATEMENT Home-start plays a vital role supporting parents and giving their children the best possible start in life. The positive impact of Home-start makes a real difference to the lives of children and families across the UK. There are currently 175 local, independent Home-starts working in areas across the UK. At present there are 16 Home-starts in Northern Ireland. Home-start across the UK support families individually and in groups, helping families access local services and making families aware of all other support available to them. The Home-start collective ambition as a federation is to ensure that more parents receive compassionate support at the earliest moment so that no parent or family feels alone in the critical task of raising their children. According to Home-start UK'S 2024 daty the most common challenges faced by families receiving support were: 560/0 of families reported a challenge with their mental health. 35 % were lone parents. and 330/0 of families strnggling with debt and finance. Home-starts across the UK also help through support groups, day trips, Christmas events and by assisting parents to access local services, along with many other forms of support. Home-start have developed 4 strategic commitments: Growth- A shared vision to expand our reach and support SI11fiCantlY more families. Voice - Home-start will work alongside families to advocate for the support they need. Inclusion - Ensuring every family regardless of background or need can access support so everyone feels included at Home-start. Impact - A collaborative approach to delivery consistent. high quality Home-start services across the UK, ensuring families with young children can thrive. The direct benefits which flow from the company's purpose include. Improved health outcomes and improved uptake of health appointments. Happier, safer children and happier safer homes. As a result, fewer children suffer cruelty or maltreatment. Parents and children feel less marginalised. Families make better use of local services and are less isolated and have wider horizons. Families are better able to cope with their needs. and Families develop improved coping strategies and parents become more confident through increased education in childcare standards. The earliest years make the biggest impact. Home-start makes sure those years count so that no child's future is limited. The benefits identified are demonstrated by: the completion of review fornis which track an individual family's "journey of change" feedback questionnaires completed by families. referrers at Health and Social Care Trusts. and monitoring and evaluations of the service. Page 4
Home-start Banbridge Directors, report for the year ended 31 March 2025 Home-start continues to be one of the leading family support charities in the UK. Home-start Banbridge, is a branch of this charity. As quoted on the Home-start UK website: "Last year Home-start UK supported 76,750 children in 58,938 families in communities across the UK" Home-start is cornmitted to providing real evidence of the difference our volunteers, support makes for families, which is why we measure the issues faced by families and the changes to their situation while they are working with a volunteer. According to the last impact report produced of the families receiving support from Home-start UK: 89 % reported improvements in stress caused by family conflict" 94 % of families see improvements in their children's physical development. 93 % of families see improvements in parents, mental health. 3 out of 5 families reported improvements in their self-esteem" 25 % - 33 % reported improvement in school readiness for children supported by our Big Hopes Big Future programme" 96 % of families facing isolation saw improvements" 910/0 of families feel more able to manage the household budget. and 93 % of families feel more above to run the family home. Home-start Banbridge has contributed to the above in the company's local community. In Northern Ireland more than 1,500 families are being supported by 300 Home-start volunteers in 16 communities. PLANS FOR THE FirruRE The organisation will continue to meet its objectives by actively seeking to generate funds. In May 2022, Home-start UK introduced Together with Families, its first network-wide strategic framework for 2022-2027, uniting the federated network around a shared vision. As a local Home-start, we tailor tl]is framework to meet the specific needs of our community. FINANCIAL REVtEW We aim to present a balanced and comprehensive review of the development and perforniance of our charity during the year and its position at the year end. Our review is consistent with the size and non-complex nature of our charity and is written in the context of the risks and uncertainties we face. The results for the year are set out in the Statement of Financial Activities on page 8 and in the related notes. Overall, the company had a net incoming resources of restricted funds of £15,162 and unrestricted funds of £250. RESERVES POLICY The unrestricted reserves of the company at 31 March 2025 amounted to £5,440 whilst there are restricted funds of £65,781. The board are satisfied that this level of reserves is sufficient for its immediate needs. The company aims to maintain a Ievel of free reserves sufficient to meet the running costs for a period of12 months. The trustees will continue to adopt an approach that will build and maintain reserves at an approwiate level. Page 5
Homewstart Banbridge Directors, report for the year ended 31 March 2025 STATEMENT OF DIRECTORS, RESPONSIBILITIES The Directors are responsible for preparing the Directors, Report and the financial statements in accordance with applicable law and regulations. Cornpany law requires the Directors to prepare financial statements for each financial year. The Directors have elected to prepare the fmancial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the stat¢ of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the Directors are required to: Select suitable accounting policies and then apply them consistently. Observe the methods and principals in the Charities SORP 2019 (FRS 102). Make judgements and accounting estimates that are reasonable and prudent" Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. State whether applicable UK Accounting Standards have been followed subject to any material departures disclosed and explained in the financial statements. The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Directors are aware: There is no relevant inforniation of which the charitable company's accountant is unaware; and The Directors have taken all steps that they ought to have taken to make themselves aware of any relevant infonnation and to establish that the accountant is aware of that inforn]ation. SPECtAL PROVISIONS RELATING TO SMALL COMPANIES This report has been prepared taking advantage of the small companies exemption of Section 415A of the Companies Act 2006. On behalf of the board Angela Wilkins Director Date:_ Wi.2& Page 6
Home-start Banbridge Independent examiner's report to the Directors of Home-start Banbridge We report on the accounts of the company for the year ended 31 March 2025 which are set out on pages 8 to 13. Respective Responsibilities of DArectors and Examiner As the charity Directors (and also the Directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied ourselves that the charity is not subject to audit under company law, and is eligible for independent examination, it is our responsibility to: examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008. follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. and state whether particular matters have come to our attention. Basis of Independent Examiner's Report We have ¢xamined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9}(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity Directors concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: l. Thal accounting records were not kepi in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 4. That there is further infomiation needed for a proper understanding of the accounts to be reached. Independent Examiner's Staternent Whilst no work of an audit nature has been carried out, no matters have been drawn to our attention in respcct of points ( l ) to (4) listed above except for the fact that the company is in breach of its Articles in that it has only three Trustees rather than the rninimum requirement of four. No verification work has been carried out and donations are solely as provided by yourselves and all payments are as authorised and approved by yourselves. <_ Prf- Jones Peters Chartered Accountants Hughes House 6Ch treet anbridge BT32 4AA 202 Page 7
Home-start Banbridge Statement of Financial Aetivities (Incorporating income and expendithre account) for the year ended 31 March 2025 2025 2025 Note Restricted Unrestricted funds funds 2025 Total funds 2024 Total funds Incoming resources Charitable activities Trust Income 108,085 108,085 250 99,194 255 Donations 250 Other income Interest received Total incoming resources 108,085 250 108,335 99,449 Resources expended Charitable activities (75,075) (75,075) (60,171) Administrative costs Total resources expended Net incomingl(olltgoing) resources 15,162 250 15,412 20,953 Total funds brought forward Total funds carried fonvard 65 The above amounts relate to continuing operations of the company. The charitable company has no recognised gains or losses other than those included in the results above and therefore no separate statement of total recognised gains and losses have been presented. All incoming resources and resources expended disclosed as restricted are designated for a specific purpose and unrestricted have not been designated for any purpose. Page 8
Home-start Banbridge Balance Sheet as at 31 March 2025 Note 2025 2024 Fixed assets Tangible assets 183 Current assets Debtors Cash at bank and in hand 398 364 Creditors: Amounts falling due wlthin one year Net Current Assets Total assets less eurrent liabilities Reserves Reserves 11 Total funds 80 For the year ending 31 March 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and thc preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies, subject to the small companies, regime. The fu1ClaI statements were approved by the Board on 30 January 2026 and signed on its behalf by:_ Angela Wilkins Director Company Registration No. N1621555 The notes on pages 10 to 13 forni part of these fmancial statements Page 9
Home-start Banbridge Notes to the financial statements for the year ended 31 March 2025 Nature of the Company Home-start Banbridge is a Limited by Guarantee Company in Northern Ireland. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per director of the charity. The address of the registered office is given in the charity infomiation on page l of these financial statements. The natLwe of the charity's operations and principal activities are the provisions of support for families with young children. Basis of Preparation The charity constitutes a public benefit entity as defmed by FRS 102. The financiaj statements have been prepared in accordance with 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) - (Charities SORP FRS 102), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102), the NI Charities Act 2008, The Companies Act 2006 and UK Generally Accepted Practice. The charity does not include a cash flow statement on the grounds that it is applying FRS 102 Section IA. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the fijnctional currency of the charity and rounded to the nearest £000. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 2.1 Judgements and Key Sourees of Uncertainty No significant judgements have had to be made by management in preparing these financial statements. 2.2 Fund Accounting The general reserves of the company are made up of restricted and unrestricted reserves, which the company may use for its purpose at its discretion in fijrtherance of the general objectives of the charity. Restricted and designated fimds of the company are those on the use of which the donor has imposed restrictions or the Board has applied for a particular purpose. The aims and uses of such funds are set out in the notes to the financial statements. 2.3 Incoming Resourees Charitable trading activities Income from specific activities is included in the financial statements in the period in which the activity took place. Page 10
Home-start Banbridge Notes to the financial statements for the year ended 31 March 21125 2.4 Resources Expended All expenditure is accounted for on all accruals basis, inclusive of VAT which cannot be recovered, and has been classified under headings that aggregate all the costs relating to that category. Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services to beneficiaries. Support costs have not been attributed to specific charitable activities as it is not considered meaningful to allocate the support costs across each activity. Irrecoverable VAT is charged to the Statement of Financial Activities, or capitalised as part of the cost of the related asset, where appropriate. 2.5 Taxation The company is a registered charity and is not liable to tax on surpluses generated or investment income derived from activities within the scope of the charitable exemptions. 2.6 Tangible Fixed Assets and Depreciation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures, fittings & equipment 25 % straight line 2.7 Financial Instrnments A financial asset or a fllwicial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic fmancial instruments are initially recognised at the transaction price, unless the arrangement constitutes a fmancing transactio where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairnient at the end of each reporting date. If there is objective evidence of impairnienL an impaimient loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairnient. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impainnent are recognised in profit or loss in]mediately, to the extent that the reversal does not result in a carrying amount of the fanCIal asset that exceeds what the carrying amount would have been had the impairnient not previously been recognise(L 3. Employees The average number of persons employed by the company during the year, amounted to: 2025 2024 Staff Page 11
Homfrstart Banbridge Notes to the finallcial statements for tbe year ended 31 March 2025 Incoming Resources Restricted Unrestricted 2025 Total 2024 Total funds funds funds funds (a) Donations Sundry Donations 250 250 250 255 £255 (b) Activities to further the Charity's objectives Trust Income 108 085 108 085 Included within the restricted Trust income are the following: £3,347 from Arniagh Banbridge Council £44,464 from Southern Health & Social Care TNst Contract £59,302 from The National Lottery Community £972 from Clear (supported by Public Health Agency) £10 Charitable Aetivities - Expenses 2025 2024 Employee costs Travel and staff expenses Staff Training/Workshop Classes Insurance Staff Pension Costs 62,390 7.604 1,225 1,169 49,051 5,544 2,630 1,037 Tangible Fixed Assets Fixtures, fittings & equipment Total Cost At l April 2024 Additions At 31 March 2025 3,104 200 3,104 200 Depreciation At l April 2024 Charge for the year At 31 March 2025 3,104 17 3,104 17 Carrying Amount At 31 March 2025 At 31 March 2024 £1 Page 12
Home-start Banbridge Notes to the financial statements for the year ended 31 March 2025 Debtors 2025 2024 Other debtors Prepayments 106 292 £398 Creditors: Amounts Falling Due Within One Year 2025 2024 Pension 431 1,862 294 1,542 PAYE ACclS 243 Taxation The charity is exempt from tsx on income and gains fully within section 505 of the Taxes Act 1988 or Section 252 of the Taxation of Charitable Gains Act 1992 to the extent that these are applied to its charitable objectives. 10. Related Party Transactions No related paty transactions were carried out during the year. 11. Statement of Movements on Reserves Restricted reserve Unrestricted reserve Total reserves Balance at l April 2024 Net incoming resources for the year Balance at 31 March 2025 50,619 5.190 250 55,809 £65 781 The unrestricted reserve represents the free funds of the charity which are not designated for particular purposes. 13. Company Limited by Guarantee Home-start Banbridge is a company limited by guarantee and accordingly does not have a share capital. Page 13
The followin e does not form art of the statuto rinancial statements Home-start Banbridge Management Information For the year ended 31 March 2025
Home-start Banbridge Detailed Income and Expenditure Account for the year ended 31 March 2025 2025 2024 Incoming Resources Funding & Donations 108 335 108,335 99,449 Charitable Aetivities Employee Costs Travel and staff expenses Staff Training/Workshop Classes Insurance Staff Pension Costs 62,390 7,604 1,225 1,169 49,051 5,544 2,630 1,037 60 171) Gross Surplusl(Deficit) 33,260 39,278 Administrative Expenses Rent Office and Computer Costs Telephone Bookkeeping and Accountancy Bank Charges Sundry Depreciation 8,576 564 1,788 3,636 224 3,043 17 8,733 1,073 1,479 3,785 229 2,962 64 Net Incomingl(Outgoing) Resources for the Year 41 £20