REGISTERID COMPANY NUMBER: N1054548 (Northern Ireland)
Report of the Trustees
Financial St#tements
for the Year Ended 31 March 2025
for
Home-start Down District
M.B.Mc Grady & Co
Chartered Accountants
Statutory Auditors
Rathmore Hoiise
52 St Patricks Avenue
Downpatrick
Co. DOM
BT30 6DS

Home-start Down Dislrict
Contents of the Financial Statements
for the Year Ended 31 Mgrch 2025
Page
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
io
Balance Sheet
Notes lo the Financial Statements
12 to 19

Home-start Down District
Report of the Trustees
for the Year Ended 31 March 2025
Tlie twstees who are also directors of the charity for the Purposes of the Coinpanies Act 2006, present theiT report with
tlie financial statements of the ¢harity for the yeaT ended 31 March 2025. The trustees have adopted the provisions of
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial ReportlDg Slandard appEicable in the UK aT)d Republic of Irelatsd (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have referred to the guidance contained in the Charity Conunission's general guidance on public benefit
when reviewing our aims and objectives and in planning our future activities. The obj¢¢ts of the ¢barity are:
lo safeguard. protect and preserve the good healtb both mental and physical of childreD and par¢nts of children.
to PTevent cruelty to or maItreatmenl of children.
to relieve sickness, poverty and need amongst children and paTents of children.
to promote the education of the public ill better standards of childcare.
within the area of the Down District and its environs.
Significant activitie5
This has been another record breaking year in Home Start Down District. Over 466 families were supported by
Home-start and 766 children. In 1990 147 fatnilies were supported. A cleaT illdication of the gro￿ over tbe years.
notwithstanding seveTe funding difficulties in the general economy in recent years.
The Trustees consider that Home-start activities fit very well with the agenda of tbe Govenllnent, focusing as it does on
preventative work with families. Our ¢OmPTehensive monitOTing and evaluatioll system allows us to demonstrate the
many benefits of Home-start support. The figures and other data collected in tl)is way bave been reported to the
Government. evidencing the type of support we PTovide to fanulies across Down Dislrict. as w¢ll as the needs
'dentifi¢d.
Althougb it is over 40 years since the very first Home-start opened ils doors, it is clear that it is every bit as relevant
today as il was then. A detailed Teview of our achievements and perfonnance can be found within our Annual Report.
Public benefjt
The trustees are confident that the charitable aims of Home-start Down District satisfy the principles of public benefit as
defined in tlie Charities Act. They have referred to the guidance contained in the Charity Con)n)ission's general guidance
on public benefit when reviewing the aims and objectives and in planning its future activities.
How the charity activities deliver public benefit
The charitable activities focus on meeting the needs of children and parents of cbildren, and are undertaken to ￿rther the
¢haTitsble pu￿OSe8 for the public benefit.
Social Isolatio￿ parental low self<steem, families coping with mental health problems aDd children's behaviourAI
problems are issues identified in fall)ilies of all ages, regions, countries and societies. Equ￿ ac¢ess to services is an
important issue. Home-start Down District bas an equal opportunity policy and diversity Statement. This is desIg￿ed to
egtablish that it has & culture, (reinforced via a robust training program), wlLich is designed to ensure equality of access
to its seTYices by gender, disability and sexual orientation. The tTUStees believe equal access to its services is vitsl to its
operations, and endeavours to share the knowledge of success￿1 outcomes with any and all communities that use its
services.
FINANCIAL REVIEW
Principal funding sources
The principal fi]nding sources for the charity are currently by way of grant and contract income as set out in notes 2 to 6
in the accounts. As a result of increasing constrainls on central governments and local authority expenditure, the charity
has to seek ￿ndIng from a much broader group of agencies.

Home-start Down District
Report or the Trustee5
for the Year Ended 31 March 2025
FINANCIAL REVIEW
Investment policy and objectives
A clear objective is to transfer operating surpluses into reserves as often as circumstances allow. However it has proved
impossible in the past few years for the reason expressed above. Having considered the options available, the Trustees
have decided that any Teserves should be invested in secure bank deposits. The Trustees consider the overall return o
deposit accounts to be dtsappointing, but are not willing lo place valuable resources in riskier investments.
Reserves policy
The Trustees have examined the charity's requirements for reserves in light of tbe main risks to the organisation. It has
established a policy whereby the unrestricted funds not otherwise Gotnrnitted or invested in tangible fixed assets held by
the charity should be between 6 and 9 months of the expenditure.
The T￿SteeS expect that budgeted expenditure will not exceed that of 2024125 which was approximately £277,000. As
P4t 31 March 2025 the unrestricted Teserves of the Charity increased to £1 17,071 (2024.. £91,395). This is below the
policy target of 6-9 months.
The Trustees and Management Committee has been conscious of the major reductions in financial support from
Govenllnent sources for some years now and make a point of keeping tlie whole matter under constant review. The
Chaiity has been actively engaged with other sources of ￿nding. with some success
so tliat tlie Tn]stee5 and
Management Committee has reasonable Efounds to consider that funds will be secured in sufficient aTnount to enable
the work to continue next year.
The Trustees and Management Committee also consider that the Charity provides its services to its clienl group on a
notably cost effective basis and will continue to do $0.
FUTURE PLANS
Service Development - To continue to provide services that assist in meeting the needs of families in Down District
Campaigning - To infiuence public policy to respond to the needs and aspirations of fan)ilies
Public profile -To endeavour to make the public aware of Hojne-start and the work that it does
Finance -To endeavour to ensure that Home-start has the ￿ndIng it needs to implement its plan5 and that ils resources
are effectively and accountably managed
Physical resources -To endeavour to erjsuie Hoine-stan Doll￿ District has the availability ovaccess to tlie premises and
other physical resources it needs and these are effectively managed
Staff and Volunteers -To endeavour to ensure that Home-start Down Disttict has secured tbe services of the volunteers
and staff it needs. Also tliat all volunteers and staff receive tlie appropriate support, supeTViSlOD, feedback, training and
Tecognition
Governance -To endeavour to ensure that the governance of Home-start Down District by the Management Coromittee
meets the requirements of the law and good practice.
The cluTity plans to continue to enhance the activities outlined above in the forthcoming years
availability of SatiSf￿tOry fimding.
subject always to the
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing dotument
The charity is controlled by its goveming docuinenl. a deed of trnst. and constimtes a limited company, limited by
guarantee, as defined by the Companies Act 2006.

Home-start Down Dlstrlct
Report of the Trustees
for the Year Ended 31 MArch 2025
The charity is controlled by its governing document, a deed of trnst, and constitutes a limited company, limited by
guarantee, as defined by the Coinpanies Act 2006. .
The organisation is a charitable company limited by guarantee, incoTporated on 6 April 2005 and registered as & charity
on 6 April 2005. The company was established under a Meinorandum of Association which est&blished the objects and
powers of the ¢hartlable company and is governed under ils Articles of Association. In the event of the ooinpany being
wound up members are required to contribute an amount uol exceeding £1.
Home-siart DO￿Tr District an unincorporated association transfe¥red its charitable purposes set out in its COnsti￿tion to
Home-start Down District a company Limited by guarantee registered in Northem Ireland under number N1054548 on
the 8th September 2005.
Recruitment and Appolntment of new trustees
The directors of the company are also chaTity Trnsteeg for the PUTposes of charity law and under the requirements of the
Memorandum and Articles of Association one third (or the number nearest one third) of the Trustees must retire at each
AGM, those longest in office retiring first and the choice between any of 4ual Service being made by drawing lots.
A bTo&d mix of business, professional a7)d other gkills are well represented on the Management Committee and all
Tn￿teeS are chosen on the basis of their willingness to serve, ability. governance experience and support of the ethos,
mission and philosophy of the organisation.
Organisitionxl structure
The senior staff of the charity are..
Dorothy Mcmullan (Senior Organiser) RetiT¢d April 2024
Emelda HyDds (Ballynahinch Organiser)
Sharon Robson (Newcastle Organiser)
Inductloll and training of new trustees
New Trustees aTe briefed on their legal obligations under charity and company law, the content of the Memorandum and
Articles of Association, the con)mittee and decision mating processes, the business plan and recent financial
perfonnance of the charity. They meet key employees and other Trustees. Tbe Trustees and management committee are
encouraged to attend appropriate external training event5 where tbese will facilitate the undertaking of their role.
Risk management
The ttustees have a duty to identify and review the risks to which the charity is eKp05ed ay)d to ensure appropriate
controls are in place to provide reasonable asSUr￿ce against fraud and error.
The Trustees have a risk management strategy which comprises..
an annual review of the risks the charity n]ay face.
the egtablishment of systems and Procedures to n)itigate those risks identified in the plan. and
the implementation of procedures designed to minimise any potential impact on tbe charity sbould those risks
materialise.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
N1054548 (Northern Ireland)
Registered Charity number
XR87094

Home-stsrt Down District
Report of the Trustees
for tbe Yeir Ellded 31 March 2025
Registered office
14-15 Innovation House
Down Business Park
46 Belf2st Road
Downpatrick
Co. Down
BT30 9UP
Trllstees
Mrs M Kearney Director
R P Smith Retired
Mrs F I Crory Retired
D Mcgregor Legal Advisor
Ms B Owens Retired teacher
Company Secretary
Ms B Owens
Auditors
M.B.Mc Grady & Co
Chartered Accountants
Stakntory Auditors
Rathmore House
52 St Patricks Avenue
Downpatrick
Co. Dowi
BT30 6DS
STATEEIIENT OF TRUSTEES, RESPONSIBXLITIES
The trustees (who ￿ also the directors of Home-start Down District for the purposes of company law) are responsible
for preparing the Report of the Trustees and the financial stafrlneiits in accordance with applicable law aDd Utjited
Kingdom Accounting Stsndards (United Kingdom Generally Accepled Accounting Practice).
Coinpany law requires the trustees to prepare financial statements for each financial year. Under that law, the trnstees
have elected lo prepare the fmancial statements in accordance witli Uiiited Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the charitable cornpany and of the incoming resource5 and application of
resources, including the income and eXpendI￿re. of the charitable company for that period. In preparing those financial
statements, the trustees are Tequired to
select suit&ble accounting polictes and then apply them consistently.
observe the methods and principles in the Clwities SORP.
D]ake judgements and estimates that are reasonable aThd prudent,.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in business.
The twstees are respongible for keeping proper &ccounling records which disclose with reasonable accuracy at any time
the financial position of the charitable coinpany and to enable them to ensure that the financial stateinents coinply with
the Coinpanies Act 2006. They are also responsible for safeguarding the assets of tlie charitable conipany and Iience for
taking reasonable steps for the prevention and detection of fraud and other ]￿egUlarItieS.

Home-St&rt Down District
Report of the Trustee
for tbe Year Ended 31 March 2025
STATEMENT OF TRUSTEESI RESPONSIBILITIES - continued
In so far as the trnslees are aware:
there is no relevant &udit infomation of which the charitable company's &uditors are unawaTe' and
the trnstees have taken all steps that they ought to bave taken to make themselves aware of any relevant audit
infoTrnation and to establish that the auditors aTe aware of that infonnation.
AUDITORS
The auditors, M.B.M¢ GTady & Co, wÉll be PToposed for Te-appointment at the forthcoming A]Jnual Generp41 Meeting.
This report has been prepared in accordance with the special Provisions of Part 15 of the Companies Act 2006 relating
to small companies.
Approved by OTder of the board of ttuslees on 5 December 2025 and signed on its belMlf by..
Mrs F I Crory- Trustee

Report of tbe Independent Auditors to the Members of
Home-start DOWTA District
Opinion
We have audited the financial statements of Home-start Down District (the 'charitable compaDy') for the year ended
31 March 2025 which coinprise tlie Statement of Financial Activities, the Balance Sheet and notes to the financial
statements, including a summary of significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
In OUT opinion the financial statements:
give a true alld fair view of the slate of the rharitable company's affairs as at 31 Mxrch 2025 and of ils incoming
resources and application of resources, including its income and expenditure, for tbe year then ended.
hav¢ been PToperly prepared in accordaDce with United Kingdom Generally Accepted Accounting Practice. and
have been PTepared in accordance with the requirements of the CompaDies Act 2006.
Basis for opfinion
We Conducted our audit in accoTdanGe with International StandaTds on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are fiuiher described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We are independent of the charitable company in acCOrd￿¢e witb 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 ￿lfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we bave obtained is sufficient and appropriate to provide a basis for our opinion.
Contlusions relating to going concern
In auditing the financial statements, we have concluded that the tru5tees' use of tlie going concern basis of accourjting in
the preparation of the fmancial statements is appropriate.
Based ou the work we have perfornied, we have not identifIed any tnaterial uncertainties relating to evenls or conditions
that, individually or collectiv¢ly, may cast signtficant doubt on the Gharitable company's ability to continue as a going
concern for FA period of at least twelve months from when the fuJanci&l 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 thts report.
Other Information
The tn￿teeS are responsible for the other infonnation. The other infonnalion comprises the knforniatton included in the
Annual Report. other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial ststements does not cover the other infonnation and, except to the extent othenvise
explicitly stated in our report, we do not express any forni of assurance conclusion thereon.
In connection with our audit of the financial stateinents, our responsibility is to read the other information and, in doing
so, consider whether the oiher inforniation is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appeaTS to be tnaterially misstated. If we identify such material inconsistencies or
appar¢nt material misstatements, we are required to determin¢ whether this gives rise to a material misstatement in the
financial statements then￿elves. If, based on the work we have perfornied, we conGlude that there is a material
roisstatement of this other inforniation, we are required to report that fact. We have notbing to report in this regai'd.
Opinion5 on other matter5 prescribed by the Companl¢s Act 2006
In our opinion, based on the work undertaken in the course of the audit.,
the information given in the Report of the Tmsteeg for the financial year for wbich the financial statements are
prepared is consistent with the fInancial stateinents,. and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Home-St&rt Down District
Matters on which we Are required to report by exception
In the light of the knowledge and understanding of the charitable company And its environment obtained in the course of
the audit. we have not identified mateiial mi&statements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you
if, in our opinion:
adequate accounting records have not been kept or re￿rnS adequate for our audit have not been received from
brancbes not visited by us- or
the financial statemenls are Thot in agreement with the accounting records and returns- or
certain disclosure8 of trustees, remuDeTation specified by law are not made,. or
we have not received all the information and explanations we require for our audit. or
th¢ t￿Stee$ were not entitled to take advantage of the small companies exemption from the requir¢ll￿nt to prepare a
Strategic Report or in preparing the Report of the Trustees.
Responsibltities of trustees
As explained inore fully in the Statement of Tn￿tees, Responsibilities, the trnstees (who are also the directors of the
charitable company for the purposes of company law) are Tesponsible for the preparation of the financiaI statements and
for being satisfied that they give a iThe and fair view. and for such inlernal control as the trustees determine 15 necessary
to enable the preparation of financial statements that are free froin material misstatement, whether due to fraud or error.
In Preparing the financial statements, the trustees are responsible for assessing the chaTltable Company's ability lo
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 operatlOl)S, OT have
no realistic aliernative bul to do so.

Report ol the Independent Auditors to the Members of
Home-start Down District
Our responsibxiRties for the audit of the fJnanci41 statements
Our objectives are to obtain reasonable assurance about whether the financial statel￿ents as a whole are free from
material misstatement, wl)etlier due lo fraud or error, and to issue a Report of the Independent Auditors 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 t3ken on tlie basis of these financial statements.
The extent to which our procedures are capable of detecting l￿egUlarlties. including fraud is detailed below..
The extent to which the audit was considered capable of detecting irregularities including fraud.
Our approach to ideThtifying and assessing the risks of material misstatement in respect of ittegularities. including fraud
and non-compliauce with laws and i'egulations, was as follows:
the eng2Eement partner ensured that tbe engageinent team collectively had the appropriate competence, capabilities and
skills to identify or Tecognise non-compliance with applicable laws and regulations.
owe identified the laws and regulations applicable lo the company through discussions with directois and other
management, and from our commercial knowledge and experieiice of the coi]wuter component manufacturing and
supply sector-
we focused on specific laws and regulations wliich we considered inay have a direct material effect on the financial
statements or the operations of the company, iiicluding the Companies Act 2006. taxation legislation and data protection,
anti-bribery, employment, environmental and health and safety legislation,.
we assessed the extent of compliance with the laws and regulations identified above through Making enquiries of
management and inspecting l¢gal correspondence. and
identified laws and iegulations were communicated witbin the audit team regularly and the team ren)ained alert to
instances of noll-compliance throughout the audit.
We assessed tbe susGeptibility of the company's financial statements to material misstatement, including obtaining an
understanding of how fraud might occur, by..
making enquiries of management as to where they considered there susceptibility to fraud, their knowledge of
actual, suspected and alleged fraud. and
considering the internal controls in place to mitigats risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud througli manaEement bias and override of controls, we:
performed analytical procedures to identify any unusual or unexpected relationships.
te8ted journal entries to identify unusual transactions;
assessed whether judgements and assumptions made in detenrjining the accounting estimates set out in the notes were
indicative of potential bias- and
investigated the rationale behind significant or unusual transactions.
In response to the risk of I￿egUlar￿tieS aThd non-compliance with laws and regulatioJ)s, we designed procedures wbich
included, but were not liu)ited to..
agreeing financial statement disclosures to underlying supporting documentation.
reading the n)inutes of meetings of those charged with governance,.
enquiring of management as to actual and potential litigation and clain)s' and
reviewing coThespondellce with HkLRC.
There are inheTent limitations in our audit procedures described above. The inore removed that laws and regulations are
froin fjnancial transactions, the less likely it is that we would become aware of non-coinpliance. Auditing standards also
limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of th¢ directors and
other management and the inspection of regulatory aiid legal Co￿espOndence, if any.
Material misstaternents that 3rise due to fraud can be harder to detect tiian those that arise froin erTor as tliey may
involve deliberate concealment or collusion.
A fillther description of our responsibilities for the audit of the fiThan¢ial stateinents is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsiesponskbilities. This description forn]s part of our Report of tbe
Independent Auditors.

Report of the Independent Auditors to the Members of
Home-start Down District
Use of our report
This report is made solely to the charitable ¢ompanVs members, as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companios
meinbers those matters we are required to state lo them in an auditOTS' report and for no other purpose. To the fullest
extent pemiitted by law, we do not accept or assume Tesponsibility to anyone other than the charitable comparjy and the
¢haritable company's members as PA body* for our audit work, for this report, or for the opinions we have fonned.
Malachy B MCG
for and on behal
Chartered Accoull
Statutory Auditors
Rathtnore House
52 St Patricks Avenue
DOm￿PatrIck
Co. DO￿￿)
BT30 6DS
(Se
or Sta￿t
cGra
dTtor)
5 December 2025

Home-start Down District
Statement of Financial Activitie5
for the Year Ended 31 March 2025
3113125
Total
lunds
3113124
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,878
22,878
22,324
Charitable activities
Downpatrick
Ballynaliincli
Newcastle
126,878
41,690
70,247
39,281
168,568
70,247
39,881
144,886
39,717
66,392
600
Other trading activities
Investtnent income
12,209
789
1,705
1,705
TotAI
152,061
151,218
303,279
286,317
EXPENDITURE ON
Charitable actlvities
Downpattick
Ballynahincb
Newcastle
5,676
61,446
68,713
62,343
45,394
34,031
68,019
106,840
102,744
85,392
84,377
102,422
TotAI
135,835
141,768
277,603
272,191
NET INCOME
16,226
9,450
25,676
14,126
RECONCILIATION OF FUNDS
Total funds brought fonvard
91,395
91,395
77,269
TOTAL Fuf+lDS CARIUED FORWARD
107,621
9,450
117,071
91,395
The notes fonn part of these financial statements
10

Home-start DDWll Dlstrict
Balanee Sheet
31 March 2025
3113125
Total
funds
3113124
Total
funds
Unrestrieted Restricted
funds
funds
Note5
FIXED ASSETS
Tangible assets
233
233
323
CURRENT ASSETS
Debtors
Cash at bank
29,672
93,591
29,672
103,041
44,453
67.247
9,450
123,263
9,450
132,713
111,700
CREDITORS
Amounts falling due witbin one yeaT
io
(15,875)
(15,875)
(20,628)
NET CURRENT ASSETS
107,388
9,450
116,838
91,072
TOTAL ASSETS LESS CURRENT
LIABILITIES
107,621
9.450
117.071
91.395
NET ASSETS
107,621
9,450
117,071
91,395
FUNDS
u￿restrIcted ￿ndS
Restricted ￿llds
107,621
9,450
91,395
TOTAL FUNDS
117,071
91.395
These financial statements have been prepared in accordance with the provisions applicable to cbaritable companies
subject to the small companies regime.
The fmancial stalements wer¢ approved by the Board of Trust¢es and &uthorised for issue on 5 December 2025 and
were signed on its behalf by..
R P Smith - T￿￿tee
The notes forn] part of these financial statements

Hon)e-St2rt Down District
Notes to the Finajjcial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financi31 statements
The fjnancial statements of tbe charitable conipany, which is a public benefit entity under FRS 102, have been
prepared in afjcordance witli the Charities SOPTr (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts in aCCOTdance with the Financial
Reporting Sta7)dard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'Tlie Financial Reporting StandaTd applicable in the UK and Republic of
ITeland' and the Companies Act 2006. The fm8ncial statements have been prepared under the historical cost
convention.
Criti¢#l atcountiug judgements and key sources of estimation uncertainty
Estimates and judgments made in the process of preparing the financial statements are continually evaluated and
are based on historical experience and other factors, including expectatious of future events that are believed to
be reasonable under the circumstances. The Trustees do not consider that there are any critical judgments n)ade
in applying the Charity's accounting policies or that there are any critical accounting estimates or asswnptions
which may have a significant risk of cau8ing a matertal adjustment to carrying ainounts of assets and liabilities
within the next financial year.
Incorne
All income is recognised in tlie Statement of Financial Activities once the charity has entitlement to the funds, it
15 probable that the inconie will be received and the amount can be measured reliably.
Expenditure
Liabilities aTe recognised as exp¢ndithre as soon as there is a legal or ¢onstnictive obligation Gommitting the
charity to that expendtthre, it is probable that a transfer of economic benefits will be required in settlement and
the amouTht of the obligation can be measured Teliably. Expenditure is accounted for on an aC¢Tuals basis and has
been classified under beadings that aggregate all cost related to tILe category. Whei'e costs cannot be directly
attribut¢d to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible r￿ed assets
Depreciation is provided at the following annual rate5 in ol'der to write off each asset oveT its estimated use￿1
life.
Short leasehold
Computer equipment
20% on cost
20 % on reducing balance
Taxation
The charity is exempt from cotporatioll tax on its charitable activities.
Fund accounting
Unrestricted ￿lldS can be used in accordance with the charitable objectives at the discretion of the tNslees.
Reslri¢frd funds can on]y be used for particulaT restricted purposes within the objects of the charity. Restiictions
arise when specified by the donor or when fuDds are raised for particulaT restricted purpos¢s.
Further explanation of the Thature and purpose of each fund is included in the notes to the finaucial stateipents.
Foreign currerlcies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheei date. Tran5aCt&olls in foreign Gurrencies are translated into sterling at the rate of exchange ruling al
the date of transaction. Exchange differences are taken into accouut in arriving at tbe operating result.
12
continued...

Home-start Down District
Notes to the Fin%n¢i#l Statements - ¢ontinued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - Continued
Pension e4)sts and other post-retirement benefits
The charilable company operates a defined contribution pension scheme. Contributions payable to the clixritable
ompany's pension scheme are charged to the Stateinent of Financial Activities in the period to which they relate.
OTHER TRADDIG ACTIVITIES
3113125
3113124
Fundraising events
12,209
VESTMENT INCOME
3113125
3113124
Deposit account interest
1,705
789
NET INCOME/(EXPENDITURE)
Net incoMd(expendi￿re) is stated after chargingl(CTediling)'.
3113125
3113124
Auditors, remuneration
Depreciation- owned assets
3,564
90
3.240
112
TRUSTEES, REMUNERATtON AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 3 l March 2024.
STAFF COSTS
The averaEe monthly number of employees during the year was as follows..
3113125
3113124
Organisers
Administration
Family Group staff
io
No employees received emoluments in excess of £60,000.
13
continued...

Home-StArt Down District
Notes to the Ffin2neial Statements - tontinued
for the Year Ended 31 MArch 2025
COMPARATIVES FOR THE STATEMENT OF F￿ANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,324
22,324
Charitable activities
DoHTrpatrick
Ballynahinch
Newcastle
92,070
52,816
39.717
59,092
144,886
39,717
66,392
7,300
Other trading activities
Investment incorne
12,209
789
12,209
789
Total
134,692
151,625
286.317
EXPENDITURE ON
Charitable activities
Downpatrick
Ballynahinch
Newcastle
35,076
44,660
34.639
50,316
39,717
67,783
85,392
84,377
102,422
Total
114.375
157,816
272,191
NET INCOMEI(EXPENDITURE)
20,317
(6,191)
[4,126
RECONCILIATION OF FUNDS
Total ￿ndS brought forward
71,078
6,191
77,269
TOTAL FUNDS cA￿luED FORWARD
91,395
91.395
TANGIBLE FIXED ASSETS
Short
leasehold
Computer
equipment
Totals
COST
At l April 2024 and 31 March 2025
7,326
8,369
15,695
DEPRECIATION
At l April 2024
Charge for year
7,326
8,046
90
15,372
90
At 31 MaTch 2025
7,326
8,136
15,462
NET BOOK VALUE
At 31 MaTch 2025
233
233
At 31 March 2024
323
323
14
continued...

Home-start Down District
Notes to the Financlal St2tementS - CDDtinued
for the Year Ended 31 March 2025
DEBTORS: AMOlnqTS FALLING DUE WITHIN ONE YEAR
3113125
3113124
Other dttbtors
Prepawients and accrued income
28,069
1,603
44,453
29,672
44,453
io.
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
3113125
3113ll4
Social security and other taxes
Other ¢reditors
Accruals and deferred income
2,515
4,457
8,903
2,926
17.702
J5,875
20,628
ii.
MOVEMENT FUNDS
Net
mDvement
in funds
At
3113125
At 114124
Unrestricted funds
General fimd
91,39S
16,226
107,621
Restricted funds
Community Fund National Lottery
Pears
4,200
5,250
4,200
5,250
9,450
9,450
TOTAL FtTNDS
91,395
25,676
117,071
15
continued...

Home-stsrt Down District
Note5 to the Fin2ncRal Statements - continued
for the Year Ended 31 March 2025
li.
MOVEMENr tN FtTfmS - continued
Nel inovement in funds, included in the above are as follows:
Incoming
resources
Re50urees
expended
rvIovement
in funds
Unrestricted funds
General ￿nd
152,061
(135,835)
16,226
Restricted funds
Henry Smith Cliarity
Garfield Weslon
CLEAR Project
County Down Rural Community Network
The Pathway Fund
Cash for ￿dS
Department of Con)munities
Con)rnunity Fund National Lottery
Pears
Newry Moume District Council
Radius
17,150
15,000
4,705
2,400
25,000
8,394
23,023
41,838
9,000
3,708
1,000
(17,150)
(15,000)
(4,705)
(2,400)
(25,000)
(8,394)
(23,023)
(37,638)
(3,750)
(3,708)
(1,000)
4,200
5,250
151,218
(141,768)
9,450
TOTAL FUNDS
303,279
(277.603)
25,676
Comparatives for movement in funds
Net
movement
in funds
At
3113124
At 114123
Unrestrieted IuDds
General fund
71,078
20,317
91,395
Restricted funds
Community Foundation
6,191
(6,191)
TOTAL FUNDS
77,269
14,126
91,395
16
continued...

Home-start Down District
Notes to the Flnancial Statements - continued
for the Year Ended 31 Msrch 2025
ii.
MOVEMEf+rr tN FUNDS - continued
Comparative net movement in ￿nds, included in the above are as follows..
Incotning
resources
Resources
expended
MovemeDt
in funds
Unrestricted funds
General fund
134,692
(114,375)
20,317
Restricted funds
Henry Smith Charity
Community Fo¥Jndation
Newry Mourne & Doll￿ District Council
CLEAR Project
County Down Rural Conjmunity Network
The Pathway Fund
Cash for Kids
Department of Communities
Community Fund National Lottery
Clanmil
34,000
9,000
4,866
5,000
7,265
25,000
11.450
8,111
44,433
2,500
(34.000)
(15,191)
(4,866)
{5,000)
(7,265)
(25,000)
(11,450)
(8,111)
(44,433)
{2,500)
(6,191)
151,625
(157,816)
(6.191)
TOTAL Fuf4DS
286,317
(272,191)
14,126
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
In fund5
At
3113125
At 114123
Unrestricted funds
General fund
71.078
36,543
107,621
Restrlcted funds
Coi]ununity Foundation
Community Fund National Lottery
Pears
6,191
(6,191)
4.200
5,250
4,200
5.250
6,191
3,259
9,450
TOTAL Fuf+tDS
77,269
39,802
117,071
17
continued...

Home-start DOWD District
Notes to the Financial Statements - continued
for the Year Ended 31 M#reh 2025
ii.
MOVEMENT DI FUNDS - Continued
A Gu￿¢nt year 12 montlis and prior year 12 months combined net movement in fijnds, included in the above are
as follows..
Ineoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General ￿nd
286,753
(250,210)
36,543
Restricted fund5
Henry Smith Charity
CorLllnunity Found&tion
Garfield Weston
Newry Mourne & Down District Council
CLEAR Project
County Down Rural Collununity Network
The Patbway Fund
Cash for Kids
Department of Communities
Con]munity Fund National Lottery
Pears
Newry Mourne District Council
Clanmil
Radius
51,150
9,000
15,000
4,866
9,705
9,665
50,000
19,844
31,134
86,271
9,000
3,708
2,500
1,000
(51,150)
(15.191)
(15,000)
(4,866)
(9,705)
(9,665)
(50,000)
(19,844)
(31,134)
(82.071)
(3,750)
(3,708)
{2,500)
(1.000)
(6.191)
4,200
5,250
302,843
(299,584)
3,259
TOTAL FUNDS
589,596
(549,794)
39,802
12.
RELATED PARTY DISCLOSURES
There were no Telatrd paty tran53Ctions for the yeaT ended 31 Mar¢h 2025.
13.
ULTIMATE CONTROLLING PARTY
The governance of the charity 18 c&rTied out collectively by the voluntary directorsltrustees and xs such does not
have an ultimate controlling party.
18
coi)tinved...

Home-start Down DAstri¢t
Notes to the Flnanclal Statements - coTJtiDued
for the YeAr Ended 31 MArch 2025
14.
COMPANY LIMITED BY GUARANfEE
The charity is a company limited by guarantee wlihout a share capital. The liability of the memb¢rs is limited to
an amount not exceeding £1.
19