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2025-03-31-accounts

OME-START ARDS COMBER AND PENINSULA AREA

Charity No. NI105855

Company No. NI055744

Trustees' Report and Unaudited Accounts

31 March 2025

HOME-START ARDS COMBER AND PENINSULA AREA CONTENTS

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Trustees' Pages Annual Report Independent 2 Statement Examiner's Report 3 of Financial Activities Summary 4 Balance SheetIncome and Expenditure Account 5 Statement of Cash flows 6 7 Notes to the Accounts Detailed 8 to 14 Statement of Financial Activities 15 to 16

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Page 1

HOME-START ARDS COMBER AND PENINSULA AREA TRUSTEES ANNUAL REPORT

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Charitable Company limited by guarantee

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025,

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REFERENCE AND ADMINISTRATIVE DETAILS

Company No. NI055744

Charity No. NI105855

Registered Office

9 Cuan Gardens

Greyabbey

Newtownards BT22 2QG

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

A.M. ALLEN

J.P. Bennett

J. Dumas

P. Mulhall Statutory Representative (Advisory Role) Surestart Ards Company Secretary & Scheme Manager

J.F. ROSS

Accountants

OBoyle Accounting & Tax Ltd

4 Bingham Street

| Bangor BT20 SOW |

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

AM.ALLEN AX Ny Trustee 31 March 2025

Page 2

HOME-START ARDS COMBER AND PENINSULA AREA INDEPENDENT EXAMINERS REPORT

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Independent Examiner's Report to the trustees of HOME-START ARDS COMBER AND PENINSULA AREA

| report to the charity trustees on my examination of the accounts of HOME-START ARDS COMBER AND PENINSULA AREA for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes. |

Responsibilities and basis of report

As the trustees of the charity (and also its directors 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 ('the 2006 Act. | Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act'). In Carrying out themy examination2011 Act. | have followed the Directions given by the Charity Commission under section 145(5)(b) of

Independent examiner's statement

| have completed my examination. | can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that: * accounting records were not kept in accordance with section 386 of the 2006 Act : or

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |

Gerry O'Boyle CIMA

OBoyle Accounting & Tax Ltd 4 Bingham Street Bangor

BT20 SDW 31 March 2025

Page 3

HOME-START ARDS COMBER AND PENINSULA AREA STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 March 2025

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||||||| |---|---|---|---|---|---| |Restricted| |funds|Totalfunds|Total|funds| |Notes|2025|2025|2024| |Income|and|endowments|£|f£|£| |from:| |Donations and|legacies|4|173|173|3,318| |Charitable|activities|5|26,366|26,366|25,072| |Other|6|76,610|76,610|56,735| |Total| |103,149|103,149|85,125| |Expenditure|on:| |Other|7|96,240|96,240|106,283| |Total|96,240|96,240|106,283| |Net|gains|on|investments| |=| |Net income/(expenditure)|6,909|6,909|(21,158)=| |Transfers|between|funds|1|1|>| |beforeNet occnne/Texponeliium)other|gains/(losses)|6,910|6,910|(21,158)| |Other|gains|and|losses:| |Net movement|in funds|6,910|6,910|(21,158)| |Reconciliation|of funds:| |Total|funds brought forward|9,794|9,794|30,952| |Total funds carried forward|||16,704 __ 16,704 a 9,794|.|

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Pase 4

HOME-START ARDS COMBER AND PENINSULA AREA SUMMARY INCOME AND EXPENDITURE ACCOUNT

for the year ended 31 March 2025

2025 2024 £ £ Income 103,149 85,125 Gross income for the year 103,149 85,125 Expenditure 96,240 106,283 Total expenditure for the year | 96,240 | Net 106,283 income/(expenditure) before tax for the year 6,909 (21,158) Net income /(expenditure )for the year ____ 6,909 ___ (21,158)

Pape §

HOME-STARTARDSCOMBERAND PENINSULAAREA
BALANCE SHEET
at 31 March 2025
CompanyNo.
NI055744		 otes 2025 2024
Fixed assets £ £
Tangibleassets 9 65,238 65,238
Current assets 65,238 65,238
Cashatbankand inhand 3,396 (2,137)
Creditors:
Amountfallingduewithinoneyear
Net
currentassets/(liabilities)
Total assets lesscurrent liabilities		 10 3,396
(2,064)
1,332
66,570		 (2,137)
(3,441)
(5,578)
59,660
Provisionsforliabilities 14 (49,866) (49,866)
Netassetsexcludingpensionasset or liability 716,704. . 9,794 .
Total netassets 16,704 . 9,794
The funds ofthe charity
Restricted funds 2
Restricted income funds 16,704 9,794
Unrestricted funds 2 16,704 9,794
Reserves 2
Totalfunds . . 16,704 ___ 9,794
Theseaccounts havebeen prepared inaccordance withthespecial
Act 2006 relating to small companies.		 provisions ofPart 15 of theCompanies
Fortheyearended 31 March 2025 thecompanywas entitled to exemption undersection477
Companies Act 2006 relating to small companies.		 477 ofthe
Themembers have not required thecompany toobtain anaudit in accordance with section 476ofthe
Companies Act 2006.
Thedirectors acknowledge their responsibilities forcomplying with the requirements oftheCompanies Act
2006 with respect to accounting records and the preparation ofaccounts.
Approved by the board on 31 March 2025
And signed on its behalf by:
A.M.ALLEN
KeSpun
Trustee
31 March 2025
Pace&

HOME-START ARDS COMBER AND PENINSULA AREA STATEMENT OF CASH FLOWS

for the year ended 31 March 2025

2025 2024
£ £
Cash flowsfrom operating activities
Netincome/(expenditure) perStatement ofFinancial Activities 6,910 (21,158)
Adjustments for:
Dividends, interestand rentsfrom investments
(Decrease)/Increase in tradeand otherpayables		 (76,610)
(1,377)		 (56,735)
1
Netcashused inOperating activities (71,077) (77,892)
Cash flowsfrom investing activities
Dividends, interestand rentsfrom investments 76,610 56,735
Netcashfrom investingactivities 76,610 56,735
Net cash from financing activities
~
Netincrease/(decrease) incashandcashequivalents 5,533 (21,157)
Cashand cash equivalents atthe beginningoftheyear (2,137) 19,020
Cashandcash equivalents attheend oftheyear mi 3,396
Components ofcash and cash equivalents
Cash and bank balances 3,396 (2,137)
3396 (2,137)

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Page 7

HOME-START ARDS COMBER AND PENINSULA AREA NOTES TO THE ACCOUNTS

for the year ended 31 March 2025

1 Accounting policies Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities reparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Re orting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarke by the trustees for particular purposes. Revaluation funds — These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Income Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts _ gift/donation to which it relates, Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reaso ably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale f investments. investment assets

Page &

HOME-START ARDS COMBER AND PENINSULA AREA ARDS COMBER AND PENINSULA AREA COMBER AND PENINSULA AREA AND PENINSULA AREA PENINSULA AREA AREA NOTES TO THE ACCOUNTS THE ACCOUNTS ACCOUNTS

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HOME-START ARDS COMBER AND PENINSULA AREA ARDS COMBER AND PENINSULA AREA COMBER AND PENINSULA AREA AND PENINSULA AREA PENINSULA AREA AREA |
TO THE ACCOUNTS THE ACCOUNTS ACCOUNTS
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
expenditure cannot be fully recovered, and is reported as part of the expenditure to which it
relates,
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising
raising funds trading costs and investment Management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities services in the furtherance of its objects, including the making of grants and
governance costs.
Grants payable All grant expenditure is 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.
Governance costs These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
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Taxation The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with throug the Statement of Financial Activities. No depreciation is provided in respect of investment properties. This treatment conflicts with the requirements of the Companies Act 2006 that all properties should be depreciated. The directors consider that, because these properties are not held for consumption, but for their investment potential it is necessary to adopt the requirements of the FRSSF in order to give a true and fair view.

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.

Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings 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.

Page 9

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HOME-START ARDS COMBER AND PENINSULA AREA NOTES TO THE ACCOUNTS

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred, All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease, Leases which do not transfer substantially all the risks and rewards of Ownership to charity are classified as Operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are Capitalisedrecognised immediately, unless they are directly attributableto qualifying assets, in which case they are in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense ona straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution planisa pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance shect. The assets of the plan are held separately from the company in independently administered funds.

The company is a private company limited by guarantee and consequently does not have share capital.

2 Company status

Pase 10

HOME-START ARDS COMBER AND PENINSULA AREA NOTES TO THE ACCOUNTS

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3 Statement of Financial Activities - prior year

3
Statement of FinancialFinancial Activities - prior yearyear
Restricted
funds Total funds
2024 2024
Income and endowments from: £ £
Donationsand legacies
Charitable activities		 3,318 3,318
Other 25,072 25,072
Total 56,735
85,125		 56,735
85,125
Expenditure on:
Other
Total 106,283
106,283		 106,283
106,283
Netincome
Net income before other		 (21,158) . (21,158)
gains/(losses) (21,158) (21,158)
Other gains and losses:
Netmovement infunds
Reconciliation offunds:		 (21,158) 1 (21,158)
Total funds broughtforward 30,952 30,952
Totalfundscarriedforward 9,794 . 9,794
4 Income from donations and legacies
Restricted Total Total
2025 2024
£ £ £
173 173 3,318
173 173 «3,318
5 Income from charitable activities
Restricted Total Total
2025 2024
£ £ £
Shop Income / Fundraising 26,098 26,098 25,072
Refunds 268 268
.
26,366 26,366 25,072

|||||||||| |---|---|---|---|---|---|---|---| ||HOME-STARTARDSCOMBERAND PENINSULAAREA|||||||| ||NOTESTOTHEACCOUNTS|||||||| ||6|Otherincome||||||| ||||||Restricted||Total|Total| |||||||||| |||||||2025|2024| |||Grants||
||£
48,768||£
48,768|£
46,488| |||||58||58|240| |||||4||4|7| |||||
||27,780
76,610|||27,780
76,610|10,000
56,735| |7||Other expenditure|||||| ||||||Restricted||Total
2025|Total
2024| |||||£||£|£| |||Employeecosts
Motor and travel costs
Premises
costs
General
administrative costs
Legal and professional costs||
|
|
|
||63,544
132
25,494
6,188
882||63,544
132
25,494
6,188
882|67,755
1,372
29,473
6,823
860| ||||||96,240||96,240|106,283| |8||Staff costs||||||| |||Salariesandwages
Social securitycosts
Pension costs||
|
||59,202
4,065
32|||62,932
4,734
-| ||||63,299|||67,666|| |||Noemployee receivedemoluments in excess of£60,000.||||||| |9||Tangiblefixed assets||
|||||| ||||||||£|£| |||Cost or revaluation|||||| |||||||||| |||At 1 April 2024
At 31March2025
Net book values||
|
||||65,238
65,238|65,238
65,238| |10|At31 March 2025
At 31 March 2024
Creditors:
amounts falling due within one year|||
|
|
||||65,238
65,238
-|65,238
65,238| ||||||2025|||2024| ||Accruals and deferred income|||
||£
2,064|||£
3,441| |||||||||| |Pase||12|||||||

HOME-START ARDS COMBER AND PENINSULA AREA NOTES TO THE ACCOUNTS

:

HOME-START ARDS COMBER ANDARDS COMBER ANDCOMBER AND
NOTES TO THE ACCOUNTSTO THE ACCOUNTSTHE ACCOUNTSACCOUNTS		 HOME-START ARDS COMBER ANDARDS COMBER ANDCOMBER ANDAND HOME-START ARDS COMBER ANDARDS COMBER ANDCOMBER ANDAND HOME-START ARDS COMBER ANDARDS COMBER ANDCOMBER ANDAND PENINSULA AREA PENINSULA AREA PENINSULA AREAAREA PENINSULA AREAAREA
11 Provisions
Other
i
provisions		 Total
At 1 April 2024 £ £
At
31March2025		 49,866
49,866		 49 866
49,866
12 Movement in funds
Incoming
At
1April		 resources
:
.
(including
other		 Resources
ded
expende
,		 ‘ Gross
f
ransfers
2024 gains/losses)
Restricted funds: £ £ £ £
Restricted income funds:
9,794 103,149 (96,240) 1 16,704
Total a 9,794 - ~ 103,149 ey" (96,240) 1 16,704
Unrestricted funds:
Revaluation Reserves:
Totalfunds
13 Analysis of net assets between		 9,794
funds		 103,149 (96,240) 1 16,704
Unrestricted Restricted
funds funds Total
Fixed assets
Net
currentassets
Creditors due in more than		 one ¥ yearand £
-
ii		 £
65,238
1,331		 £
65,238
1,332
”
provisions		 : (49,866) (49,866)
1 16,703 16,704

14 Contingent Assets/Liabilities

"EH & SSB Grant relates towards premises purchase cost occupied by the organisation at 9 Cuan Gardens, Greyabbey. This grant of £49,866 is interest free and only repayable in the event of the premises either being vacated or the charity's activities cease"

Page 13

HOME-START ARDS COMBER AND PENINSULA AREA NOTES TO THE ACCOUNTS

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15 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating cose are as follows:

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||||||||| |---|---|---|---|---|---|---|---| |2025|2025|2024|2024| |Land|and|Land|and| |buildingslobes|Other|alae|Other| |buildings| |Operating|leases|with|expiry|date:|£|£|£| |Pension|commitments| |||2025|2024| |||£|£| |The|pension|cost charge|to|the company|||| |amounted|to:|3| |16|Related|party|disclosures|a| |Controlling party|||

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The | company is limited by guarantee and has no share capital, thus no single party controls the company.

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Page 14

HOME-START ARDS COMBER AND PENINSULA AREA DETAILED STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 March 2025

Restricted
funds Totalfunds Total funds
2025 2025 2024
£ £ £
Income and endowments from:
Donations and legacies
Charitable activities - 173
173
173,073		 3,318
3,318
Shop Income/Fundraising
Refunds		 26,098
268		 26,098
268		 25,072
-
Other 26,366 26,366 25,072
Grants 48,768 48,768 46,488
58 58 240
A 4 7
27,780 27,780 10,000
76,610 76,610 56,735
Totalincome andendowments 103,149 103,149 85,125
Expenditure on:
Employee costs
Salaries/wages
Employer's NIC
Pension costs		 59,202
4,065
32		 59,202
4,065
32		 62,932
4,734
Staffrecruitment
Temporary staff		 108
137		 108
137		 89
-
Motor and travel costs To UE
Travel and subsistence 132 132 1,372
Premises costs Ig2 132 1Br2
Rent 7,150 7,150 7,150
Light, heatand power 1,574 L574 Lae
Premises cleaning
CharityShop Manager		 1,961
11,226		 1,961
11,226		 3,388
9,135
Premises repairs and
maintenance 297 397 1,346
Otherpremises costs 3,286 3,286 7,202
;
General administrative costs,
including depreciation and
amortisation
Bank charges 435 435 243
Generalinsurances 905 905 1,079

Page 15

HOME-START ARDS COMBER AND PENINSULA AREA DETAILED STATEMENT OF FINANCIAL ACTIVITIES

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|||||||||| |---|---|---|---|---|---|---|---|---| |Information and publications|370|370|484| |Software,|IT support and|related| |costs|538|538|470| |Stationery and|printing|1,441|1,441|1,290| |Subscriptions|130|130|124| |Sundry expenses|2,231|2,231|3,031| |Telephone,|fax and broadband|138|138|102| |Legal|and|professional|costs|—|6,188|6,188|6,823| |Accountancy and bookkeeping|780|780|780| |Other|le|g|alal|and|and|professionprofession|a|l| |costs|an|ha|90| |ae|TS|Seem|eenneeeneeeeeenpeeee|—|—|-|—| |Total|882|88286| |Total|of expenditure|of other costs|96,240 _ 96,240|4|106,283|.| |Netexpendituregains|on|investments|96,240|96,240|106,283| |Net|.|[income/(expenditure)]|;|6,909|6,909|(21,158)| |Transfers|between|funds|1|1|-| |Net|income/(expenditure)|before| |other|[gains/(losses)]|6,910|6,910|(21,158)| |Other|Gains| |:|7| |Net movement|in funds|6,910|6,910|(21,158)|

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Page 16

Home-Start Ards Comber and Peninsula Area Appendix 1 - Income Comparison

April 2024 - March 2025

Total
£
Donations £
R Adair
20.00] J.R, 200 00
Total 20.00 ANON 1,000 00
1,200.00
Fundraising- Restricted
All Tex
Ards
CharityShopIncome
ComberCharityShopIncome
ComberRecycling
Fundraising
Total		 57.50
13,834.49
11,706.52
153.05
556.93
26,308.49		 240.00
15,02784
9,762.10
118.80
282.36
25,431.10
Grants Received
Awards forAll (Lottery)
CathedralGrant
John Moore Foundation		 17,290.00
2,000.00		 10,000 00
1,500.00
Sure
Start
Ards & North Down Council Grant		 44,98834
1,780.00		 2,000.00
44,988 34
Halifax Foundation 9.998 00
Rural Community Network 492.00
Total 76,548.34 58,488.34
Reimbursement ofsalaryoverpaid
Refunds		 268.00 218.46
[tosineome ames’

HOME-START ARDS COMBER AND PENINSULA AREA

Appendix 2 — Breakdown on Premises Costs by Location

ARDS Rent £4,200 Light, heat and power £2,511 Salary £6,552 Premises Cleaning £ 821 COMBER Rent £2,950 Light, heat and power £ 481 Salary £4,674 Other Premises Costs £1,498 Total £23,557