Horne-start Llsburn/Colln Charlty No. 105734 Company No. N1073798 Trustees, Report and Unaudlted Accounts 31 March 2025
Home-start Lisburn/Colln Contents Page5 2to4 Trustees, Annual Report Independent Examiner's Report Statement of Flnancial Adlvitles Summary Income and Expenditure Account Balance Sheet Statement of Cash flows Notes to the Accounts IOto17 Detailed Statement of Financial Actlvlties 18to19 Page I
Home-start Lisburn/Colln Trustees Annual Report The trustees present their report wrth the unaudited financlal statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DEfAILS Charity No. 105734 Prlnclpal Offlce 12 Bow Lane Lisburn BT28 IFL Reglstered Office 12 Bow Lane Llsburn Co Antrim BT28 IFL Trustees The followlng Trustees served durin8 the year: C. Armstrong E. Bradley S. BrSdge M. Coey S. Gallagher S. Mcconnell R. Strahan S. Thompson Y. Wllklnson (Resigned 22 October 2024} Key Management Personnel Chalr Treasurer S Brid8e Ms M Coey Accountants Mccaffrey & Co 15a Donegall Pass Belfast BT7 IDQ Bankers Danske Bank Done8all Square West BelFast OBJEcfivES AND ACTIVITIES Page 2
Home-start Lisburn/Colln Trustees Annual Report The purpose of the charlty as set out in its governlng document. The Charity purposes are alto safeguard, protect and preserve the good health, both mental and physical of chlldren and parents of children; b) to prevent cruelty to or maltreatment of children; c) to relleve sickness, poverty and need amongst children and parents of children; dl to promote the education of the publlc in better standards of childcare,. princlpally but not exclusively within the area of LlsbuTn/Colin and its environ5. The Home-start vision is to see a Society In which every parent has the support they need to glve their children the best possible start in Ilfe. Home-start believes that children need a happy and secure chlldhood and that parents play the key role in glvlng their children a good start in life and helpin8 them achieve their potentlal. Home-start supports parents as they grow in confidence, Strengthens thelr relatlonships with thelr children and wlden IIDks with the local community. Home-start Lisburnlcolin offers support, friendshlp and practical help to families with Young children. The servlces provided by include weekly volunteer 5UPPOrt In the home, Family Group support, courses and outings. In settlng our objectives and planning our activltles for the year the trustees have given careful consideratlon to the Charity Commisslon for Northern Ireland's 8uldance on publlc beneflt to ensure that the actlvlties have helped to achieve the charlty's purposes and provlde a benefit to the beneflclaries We want to say thank you to the trustees for all thelr hard work through out the year. Also to the famllv support volunteers. who selflessly give up thelrfree tlme to visit famllies in their homes each week, and help out at the Famlly Group. ACHIEVEMENTS AND PERFORMANCE In the year to March 2025 Home-start Lisburn/Colin supported 231 children12024, 175 chlldrenl. The Charlty during the year had 34 volunteers12024, 23) who visited families weekly In their homes or who helped on weekly basls at the Famlly Group, Families took up 12412024,113} packages of support made up of - Home visiting .51 (311, Family Group -37 {361, Incredible Years -281151, Other Workshops -81311, In 2025 there were 117 referrals12024,951. The breakdown of the source of referrals was Heakth Vlsitor 92 1681- Family Support Hub 410) - Self referral 12 (171, Other 9 {101. FINANCIAL REVIEW We had an Income of £110,90512024 £93,577) and spent £107,333 {2024 £88,537). Despite Ihe uncertalnty surrounding publlc budgets the South Eastern Health and Social Care Trust continues to be our anchor funder wlth over £40,000. Notable support ha5 come from National Lottery People&Commun, The Henry Smith Charlty, Lisburn & Castlereagh Clty Councll. It is the policy of the Charity to keep reserve levels under review. It is deslrable to maintain reserve levels which would equate to approxlmately six months of unrestricted expenditure, thus safeguardlng service delivery on an annual basi5. At present reserves equate approximately to six months of unrestricted expenditure. STRUCfURE, GOVERNANCE AND MANAGEMENT The Charity is a private limlted company, limited by guarantee wlth no share capital. The Charity is governed by its memorandum and articles of assoclation. Pa8e 3
Home-start Usburn/Colin Trustees Annual Report Recruitment and appointment of new trustees. The trustees during the year may co-opt any person duly qualified to be appointed a5 a Trustee to fill a vacancy in their nurnber or as an additional Trustee, but a Co-opted Trustee holds office only until the next AGM. One third lor the number nearest one third) of the Trustees must retire at each AGM, those longest In office retlrlng first. Trustees retlring at the AGM or new Trustees can be reappolnted by a vote at the AGM The trustees are responsible for keepin8 proper accountlng records that disclose with reasonable accuracy at any time the financlal position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Att 2005, the Charities Accounts {Scotlandl Regulations 2(X16 (as amended) and the Accounting and Reporting by Charlties: Statement of Recornmended Practice applicable to charities preparin8 thelraccounts in accordance wlth the Flnanclal Reportlng Stsndard applicable in the UK and Republlc of Iland {FRS102). The trustees are also responsible for safe8uardin8 the assets of the charity and hence taklng reasonable steps for the prevention and detection of fraud and other irregularltles. Signed on behalf of the board M. Coey Trustee 11 June 2025 Page 4
Home-start Lisburnlcolln Independent Examiners Report Independent Examlner's Report to the trustees of Home•Start Lisburnlcolin I report on the financial statements of Home-start Lisburnlcolin for the year ended 31 March 2025 which comprise the Statement of Financlal Activltles, the Summary Income and Expendlture Account, the Balance Sheet, the Statement of Cash Flows and the related notes. Respectlve responsibilities of trustees and examlner A5 the charity trustees {and also the director5 of the company for the purposes of company law) you are responslble for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. Having satisfled myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to: examlne the accounts under sectlon 65 of the Charlties Act follow the procedures lald down in the general Directlons glven by the Charity Commission for Northern Ireland under sectlon 6519llb) of the Charlties Act state whether particular matters have come to my attentlon Basls of Independent examlner's report I have examined your charlty accounts as requlred under sectlon 65 of the Charities Act and my examlnation was carrled out in accordance with the general Directlons 8iven by the Charity Commlsslon for Northern Ireland under section 6519)Ib} of the Charities Act. The examinatlon included a review of the accountinE records kept by the charity and a comparison of the accounts presented wlth those records. It also included consideration of any unusual Items or disclosures in the accounts, and seeking explanatlons from you as charity trustees concernlng any such rnatters. My role is to state whether any material matter5 have corne to my attentlon giving me cause to believe: l That accounting records were not kept In accordance with section 386 of the Companies Act 2006 2 That the accounts do not accord wlth those accountin8 records 3 That the accounts do not comply wlth the accountin8 requlrements of the Charltles Act 4 That there is further information needed for a proper understandlng of the accounts to be reached. Independent examlner's statement I have completed my examlnation and have no concerns In respecl of the matters {11 to141 listed above and, in connectlon with followln8 the Directlons of the Charlty Commisslon for Northern Ireland, I have found no matters that require drawing to your attention. Ciaran McNally Chartered Accountants I reland Mccaffrey & Co 15a Donegall Pass Belfast BT7 IDQ Iljune 2025 Page 5
Home-start Lisburn/Colln Statement of Financial Activitles for the year ended 31 March 2025 Unrestricted funds 2025 Restrlcted funds Total funds Total funds 2025 2025 2024 Notes Income and endowments from.. Donations and legacies Charitable activities Investments 2,601 45,097 2,601 107,354 948 2,838 90,199 540 62,257 Total 48,646 62,257 110,903 93,577 Expendlture on: Ralsin8 funds Charltable artivltles Other 89 3,570 43,700 89 5,930 101,312 2,360 57,612 5,684 82,852 Total 47,359 59,972 107,331 88,536 Net gains on investments Net Income 1,287 2,285 3,572 5,041 Transfers between funds Net Income before other 8alnsl(losse5) 1,287 2,285 3,572 5,041 Other 8aln$ and losse5 Net movement In funds 1,287 2,285 3,572 5,041 Reconclllatlon of funds: Total funds brought forward 71,506 9.150 80,656 74,654 Total lunds carrled forward 72,793 11,435 84,228 79,695 Page 6
Home-start Llsburnlcolln Summary Income and Expendlture Account forthe year ended 31 March 2025 2025 2024 Income 109,955 93,037 Interest and investment income 948 540 Gross Income for the year Expendlture 110,903 93,577 107,331 88,537 Total expenditure for the year Net income before tax forthe year 107,331 88,537 3,572 5,040 Net income for the year 3,572 5,040 Page 7
Horne-start Lisburnlcolin Balance Sheet at 31 March 2025 Company No. N1073798 Charlty No. 105734 Notes 2025 2024 Current assets Debtors Cash at bank and In hand 11 210 84,798 85,008 {780) 84,228 204 81,212 81,416 1760) 80,656 80,656 Credltors: Amount falling due within one year Net current assets 12 Totsl assets less current Ilabllltles 84,228 84,228 Net assets exdudlng penslon asset or Ilabllty Total net assets 80,656 84,228 80,656 The funds of the charlty Restrirted funds Restricted Income funds 13 11,435 11,435 9,150 9,150 Unre5trfrted funds General funds 13 72,793 71,506 72,793 71,506 Reserves 13 Total tund5 84,228 80,656 These accounts have been prepared in accordance wlth the speclal provisions of Part 15 of the Companles Act 2006 relatlng to small companies. Forthe year ended 31 March 2025 the company was entitled to exemption under sertlon 477 of the Companles Act 2(X16 relatlng to small companles. The members have not requlred the company to obtain an audlt In accordance with section 476 of the Companles Act 2(X)6. The directors acknowledge thelr responsibilities for complyin8 With the requirements of the Companies Act 2006 with respect to accountln8 records and the preparation of accounts. Approved by the board on 11 June 2025 And signed on Its behalf by: M. Coey Trustee Iljune 2025 Page 8
Home-start Lisburnlcolln Statement of Cash flows for the year ended 31 March 2025 2025 2024 Cash flows from operating activities Net Income per Statement of Financial Activities 3,572 Adjustments for: Dividends, interest and rents from investments Other gains/losses Increase in trade and other receNables Decrease In trade and oiher payables 1948) 1540) 16) {740) 19) 1121) Net cash provlded by operatlng actlvlties 1,878 4,370 Cash flows from Investln8 actlvltl Dividends, interest and rents from Investments 540 Net cash from Investing actlvltles 948 540 Net cash from flnancln8 actlvltles Net increase In cash and cash equlvalents 2,826 4,910 Cash and cash equlvalents at the be8lnnlng of the year 81,212 76,302 Cash and cash equlvalents at the end of the year 84,038 81,212 Components of cash and cash equlvalents Cash and bank balanos 84,798 81,212 84,798 81,212 Page 9
Home-stsrt Llsburn/Colin Notes to the Accounts for the year ended 31 March 2025 l Accounting pollcles Basls of preparatlon The financial statements have been prepared in accordance wlth Accounting and Reportlng by Charitles: Statement of Recommended Practice: Accountlng and Reportlng by Charitles preparin8 thelr accounts In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 issued on 16 July 2014 and the the Financial Reporting Standard appllcable in the Unlted KSngdom and Republlc of Ireland (FRS 1021, the Charitles Act INortheTn Ireland) 2008. Fund accountln8 Unrestricted funds These are available for use atthe discretion of the trustees in furtheiance of the general objects of the charlty. These are unrestricted funds earmarked by the trustees for particular purposes. These are unrestricted funds which include a reva luation reserve reprèsenting the restatement of Investment assets at their rnarket values. These are available for use subject to restrlrtlons imposed by the donor orthrough terms of an appeal. Designated funds Revaluatlon funds Restricted funds Income Recognition of incorne Income Is included in the Statement of Flnancial Actlvities (SOFA) when the charlty becomes entitled to, and vlrtually certain to receive, the Income and the amount of the income can be measured with sufficient reliability. Incorne wlth related Where Income has related expenditure the Income and related expendlture Is expenditure reported gross In the SOFA. Donatlons and Voluntary Income recelved by way of grants, donatlons and gifts Is Included in the legacles the SOFA when recelvable and onty when the Charity has uncondltlonal entltlement to the Income. Tax reclalms on Income from tax claIMS Is Included In the SOFA at the same time as the donatlons and gifts 8ift/donation to which It relates. Donated services These are only included In income (with an equivalent amount In expenditure) and facllltles where the benefit to the Charity is reasonably quantifiable, measurable and materlal. Volunteer help The value of any volunteer help received is not Included In the account5. Investment Income Thi5 is Included in the accounts when receivable. Galns/llosses} on Thls includes any gain or loss resulting from revalulng Investments to market value revaluatlon of flxed at the end of the year. assets Gains/(lossesl on Investment assets This includes any gain or loss on the sale of investments. Page 10
Home-stsrt Lisburn/Colin Notes to the Accounts Expenditure Recognition of expendlture Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and Is reported as part of the expenditure to which it relates. Expenditure on These comprise the cost5 associated wlth attrotting voluntary income, fundraislng raising funds tradSn8 Costs and investment management costs. Expendlture on These comprise the costs incurred by the Charity In the delivery of Its activitles and charitable actlvlties services In the furtherance of its objects, Includin8 the makin8 of grants and governance cost5. All grant expendlture accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid, These Include those costs associated wlth meeting the constitutional and statutory requirements of the Charlty, including any audltllndependent examlnation fees, costs linked to the strategic management of the Charity• together wlth a share of other admlnistration costs. Other expenditure These are support COSt5 not allocated to a partlcular actlvlty. Grants payable Governance costs Taxatlon The charity is exempt frorn corporation tax on its charitable actlvltles. Trade and other debtors Trade and other debtors are reco8nised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade dlscounts due. Cash and cash equlvalents Cash and cash equlvalents comprlse cash at bank and on hand, demand deposlts with banks and other short-term hlghly liquid Investments wSth original maturities of three months or less and bank overdrafts. In the statement of financlal position, bank overdrafts are shown within borrowlng5 or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an Integral part of the company's cash management. Trade and other ¢redltors Short term creditors are measured at the transaction prlce. Other creditors and provlsions are reco8nlsed where the charlty has a present obligation resulting from a past event that will probably result in the transfer of funds to a thlrd party and the amount due to settle the obligatlon can be measured or estimated reliably. Credltors and provlslons are normally recognised at thelr settlement amount after allowlng for nay trade dlscounts due. Page 11
Home-start Lisburn/Colin Notes to the Accounts Leased assets Where the charlty enters into a tease which entails taklng substantially all the rlsks and rewards of ownership of an asset, the lease Is treated as a finance lease. Leases whlch do not transfer substantially all the r15ks and rewards of ownershlp to charity are classified as operatin8 leases. Assets held under flnance leases are initially recognised as assets of the charity at their fair value at the inceptlon of the lease or, If lower, at the present value of the mlnimum lease payments. The corresponding liability to the lessor is Included in the balance sheet date as a finance lease obligat50n. Lease payments are apportloned between flnance expenses and reduction of the lease obllgation so as to achleve a constant rate of Interest on Ihe remainlng balance of the liabillty. Flnance expenses are recognlsed immediately, unless they are dlrectty attributable to qualifylng assets, in whlch case they are capitallsed in accordance wlth the charlty's policy on borrowln8 Costs. Assets held under flnance leases are depreclated in the same way as owned assets. Operatlng lease payment5 are recognised as an expense on a stralght-llne basls overthe lease term. In the event that lease Incentlves are received to enter into operatlng leases, such incentives are reco8nlsed as a Ilabillty. The aBgre8ate beneflt of Incentives is recognised as a redurtion of rental expense on a straight-line basls. Pen51on costs The chartty operates a defined contribution plan for Its employees. A defined contribution plan is penslon plan under which the company pays flxed contributions Into a separate entity. Once the contributlons have been pald the company has no further payments obligations, The contrlbutlons are recognlsed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separalely from the company in independently adminlstered funds. Recelpt of donated goods, facllltles and servl¢es All donated good5, facllities and servlces received are recognised within incornlng resources and expenditure at an estlmate of the value to the charity. 2 Charftable status The Charlty Is a Northern Ireland registered charlty, governed by Its governing documenl. Page 12
Home-start Lisburn/Colln Notes to the Accounts 3 Statement of Financial Activitles - prior year Unrestricted funds 2024 Restrirted funds Total funds 2024 2024 Income and endowments from: Donations and legacies Charitable activities Investments 2,838 37,340 540 2,838 90,199 540 52,859 Total 40,718 52,859 93,577 Expendlture on: Charltable activities 2,266 29,975 3,418 52,878 5,684 82,853 Other Totsl 32,241 56,296 88,537 Net Income 8,478 13,4381 Net Income before other 8alnsl(losses) Other galns and losses: Net movement In funds 8,478 13,438) 5,040 8,478 13,4381 5,040 Reconclllatlon of funds: Total funds brought forward Total fund5 carrfed forward 63,029 12,586 75,615 71,507 9,148 80,655 4 Income from donatlons and legacle$ Unrestrlcted Total Total 2025 2024 Donations 449 449 1,776 1,062 2,838 Fund raising 2,152 2,601 2,152 2,601 5 Income from charltable actlvlties Unrestrlcted Restrirted Total Totsl 2025 2024 Support Services 45,097 45,097 62.257 62,257 107,354 107,354 90,199 90,199 Page 13
Home-start Lisburn/Colin Notes to the Accounts 6 Income from Investments Unrestrirted Total Total 2025 2024 Bank interest 948 540 948 540 7 Expendlture on ralsing funds Unre5trlrted Total 2025 Total 2024 Fundroising tradlng costs Fund ralsing 89 89 89 89 8 Expendlture on charltable actlvltles Unrestrlcted Restrlrted Total Total 2024 2025 Expenditure on choritoble actlvltles Support Senilces Governance costs 3,248 2,360 5,608 5,451 Committee expenses 322 322 233 3,570 2,360 5,930 5,684 9 Other expendlture Unre5trlcted Restrfcted Total Total 202S 2024 Employee costs Motor and travel costs Premlses costs 33,827 571 49,893 90 83,720 661 65,565 661 3,031 3,679 2,592 43,700 5,408 2,101 120 8,439 5,780 2,712 101,312 8,555 5,065 3,006 82,852 General administratlve costs Le8al and professlonal costs 57,612 Pa8e 14
Home-start Lisburnlcolln Notes to the Accounts io Staff costs 2025 2024 Salarles and wages Penslon costs 80,962 2,463 83,425 60,404 2,099 62,503 No employee received emoluments in extess of £60,000. The average Monthly number of full time equivalent employees durln8 the year was as follows: 2025 Number 2024 Number 11 Debtors 2025 2024 Prepayments and accrued income 210 210 204 204 12 Credltors: amounts fallln8 due wlthln one year 2025 2024 Accruals 760 780 760 Page 15
Home-start Lisburnlcolln Notes to the Accounts 13 Movement In funds Incoming resour (Includlng At l April other 2024 gainsllosses) Resources expended Gross transfers At31 March 2025 Restrlcted funds: Restrfrted income funds: Chlldren In Need The Henry Smith Charity Llsburn & Castlereagh Clty Council The National Lottery People&Com, CoQp Eurospar Wallace Vlllage 1,941 6,280 (1,9411 (6,280) 5,335 (5,335) 55,(X)O 1,422 500 143,5661 <2,3511 15001 11,434 929 Total 9,150 62,257 {59,972) 11,435 Unrestrlcted funds: General funds 71,506 48,646 147,3591 72,793 Total funds 80,656 110,903 1107,3311 84,228 Purposes and restrlctlons in relatlon to the funds.. Restricted funds: Chlldren In Need The Henry Smlth Charity Li5burn & Castlereagh City Council The Natlonal Lottery People&Com. Co-op Support SeNlces Eurospar Wallace Vlllage Support Setvlces 14 Anaty515 of net assets between funds Support ser¥Is Support Services Support Serrflces Support Servlces Unrestrlcted funds Restrlcted funds Total Net current assets 26,033 26,033 58,195 58,195 84,228 84,228 Page 16
Home-start Lisburn/Colin Notes to the Accounts 15 Reconclllatlon of net debt At31 At l April 2024 March 2025 Cash Ilows Cash and cash equivalents 81,212 81,212 3,586 3,586 84,798 84,798 Net Debt 81,212 3,586 84,798 16 Cornmitments Operatlng lease commftments Annual commitments under non-cancellable operatlng leases are as follows: 20Z5 2025 Land and bulldlngs 2024 Land and bulldlngs 2024 Other Other Operatin8 leases wlth expiry date: Penslon commltments 2025 2024 The pension cost charge to the company arnounted to: 2,463 2,099 Page 17
Home-start Llsburn/Colln Detailed Statement of Financial Actlvlties for the year ended 31 March 2025 Unrestrirte Restrfcted funds 2025 d funds 2025 Total funds 2025 Total funds 2024 Income and endowments from: Donations and legacies Donatlons Fund ralslng 449 2,152 2,601 449 2,152 2,601 1,776 1,062 2.838 Charitable activities Support Service5 45,097 45,097 62,257 62,257 107,354 107,354 90,199 90,199 Investments Bank interest 948 948 540 540 948 Total Income and endowments 48,646 62,257 110,903 93,577 Expendlture on: Costs of other tradlng activlties Fund raising 89 89 89 89 Totsl of expendlture on ralsln8 funds 89 89 Charitable activltles Support Serrfices 3,248 3,248 2,360 2,360 5,608 5,608 5,451 5,451 Governance costs Comrnlttee expenses 322 322 322 322 233 233 Total of expendlture on charitable act5vlties 3,570 2,360 5,930 5,684 Employee costs Salaries/wa8es Pension costs Staff training 31,378 2,154 295 33,827 49,584 309 80,962 2,463 295 83,720 60,404 2,099 3,062 65,565 49,893 Motor and travel costs Travel and subsistence 571 571 90 661 661 661 90 661 Premlses costs Rent Light, heat and power Premises cleanin8 2,405 586 5,095 313 7,500 899 40 7,500 1,045 io 8,555 3,031 5,408 8,439 Page 18
Home-start Lisburn/Colln Detalled Statement of Financial Actlvltles General administrative costs, Includin8 depreciation and amorttsatlon Bank charges Equlpment leasing and hire char8es Equipment repairs and maintenance General insurances Postage and courlers Software, IT support and related costs 69 69 66 390 390 503 825 825 605 784 1,064 176 I,(X)6 181 176 432 125 557 Stationery and prlnting Sundry expenses Telephone, fax and broadband 145 314 1,048 3,679 133 278 272 484 575 2,101 798 231 1,157 5,065 1,623 5,780 Le831 and professlonal costs Auditllndependent examinatlon fees fees Other legal and professlonal costs 520 520 480 2,072 120 2,192 2,526 2,592 120 2,712 3,006 Totsl of expendlture of other costs Total expendlture Net 8alns on Investments 43,700 57,612 101,312 82,852 47,359 59,972 107,331 88,536 1,287 2,285 3,572 5,041 Net Income Net Income before other galns/{losses) Other Galns 1,287 2,285 3,572 5,041 Net movement In fund5 1,287 2,285 3,572 5,041 Reconciliatlon of funds: Total funds brought forward 71,506 9,150 80,656 74,654 Total funds carrled forward 72,793 11,435 84,228 79,695 Page 19