REGISTERED COMPANY NUMBER: 05283272 (England and Wales)

REGISTERED CHARITY NUMBER: 1109568

Report of the Trustees and

Financial Statements

for the Year Ended 31st March 2025

for

HOME-START WESTMINSTER, KENSINGTON &

CHELSEA AND HAMMERSMITH & FULHAM

Page

Report of the Trustees

1

to

6

Statement of Trustees' Responsibilities

7

Report of the Independent Auditors

8

to

11

Statement of Financial Activities

12

Balance Sheet

13

Cash Flow Statement

14

Notes to the Cash Flow Statement

15

Notes to the Financial Statements

16

to

23

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st 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 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

To offer support and friendship to ANY local family, with at least one child under 5, who needs it. We aim to make a positive impact on the emotional and physical development of children from pre-birth to pre-school, and support the family to thrive.

Standards and methods of practice

Home-Start Westminster, Kensington & Chelsea and Hammersmith & Fulham ("Home-Start WKCHF") work with families living in the London Boroughs of Westminster, Kensington & Chelsea and Hammersmith & Fulham who are experiencing difficulties and who are expecting a baby or have at least one child under the age of 5.

Home-Start WKCHF is an independent voluntary organisation, which works towards the increased confidence and independence of the family through our core services of advocacy and recruiting, training and matching volunteers to undertake home-visiting or providing therapy. The volunteer, who is supervised by an experienced co-ordinator, will:

-

Visit the family regularly in their own homes where the dignity and identity of each individual can be respected and protected.

-

Reassure parents that difficulties in bringing up children are not unusual and encouraging enjoyment in family life.

-

Develop a relationship with the family in which time can be shared and understanding can be developed; the approach is flexible to take account of different needs.

-

Encourage the parents' strengths and emotional wellbeing so they are able to give their children the best start in life.

-

Encourage families to widen their network of relationships and to utilise the support and services available within the community effectively.

-

Provide therapy to families who wouldn't normally be able to access this service, supporting them to break complex family patterns and cope with mental health difficulties.

Charitable activities

Chair's Report Year 2024/25

Once again I am delighted to report that we have supported more families (247) than the year before (239). Volunteer befriending in the home and individual therapy remain at the core of our service and both continue to be extremely well received by families. On top of this, our service offering continues to evolve in response to families' needs. For example, this year we introduced two new popular services, Birth and Beyond and Parent Zone. To provide additional tailored support, our family support staff bring together a range of external services, ranging from Foodbank vouchers to grants for items for a new baby. Our families have told us that they see the staff and the volunteers they come into contact with as members of one caring "family".

Our volunteers are extraordinary people and I would like to thank them for their time and skill, whether they are befrienders, trainee therapists, social work students, trustees or occasional helpers. Volunteer numbers remain a challenge but we are confident that once people volunteer with us they will receive the highest quality volunteer experience. We were delighted to be recognised again this year as a "Investor in Volunteers" organisation.

The Treasurer's report mentions the exceptional support we receive from our funders. It is ultimately owing to them that we ended the year in a strong financial position. I would just like to record here, on behalf of the Board, our profound gratitude to our funders.

The staff team remain the bedrock of all our work. This is reflected in so many ways, including recognition from Home-Start UK of the excellence of our work in the areas of family support, and governance and leadership. I would like to finish by expressing the Board's appreciation and admiration for staff's skill, commitment and compassion.

Reluctantly, we had to say goodbye to our Treasurer, Tinuke Bell, half way through the year. During her nine years with us Tinuke made an outstanding contribution to the charity and left a lasting legacy. Largely due to Tinuke, we have excellent financial control systems and now manage all finances including payroll in-house. By working with and coaching our staff, Tinuke has left us with much improved financial capability embedded in the organisation. She left the charity in a very healthy financial position with reserves at over 9 months, comfortably above our policy of having at least six months in reserve. We wish Tinuke the very best for the future.

During the second half of the year I served temporarily as Treasurer, and, together with the HR Trustee, ran a recruitment process for a permanent new Treasurer. We were delighted to appoint Anika Haria, at the end of the year and are sure she will be a great asset to the charity.

Treasurers Report and Financial Review

Home-Start Westminster, Kensington & Chelsea and Hammersmith & Fulham aims to raise income to support its charitable objectives from a variety of sources including trusts and foundations, government, businesses and private individuals.

The charity ended the financial year in a strong and healthy position, with income exceeding expectations. This positive outcome was the result of careful financial planning, effective cost control, and successful fundraising which together contributed to a robust year-end surplus and strengthened the charity's reserves.

Total income for the year reached £598,002, representing a 1.9% increase over the budgeted figure of £586,649. This reflects the charity's focused income generation efforts and prudent financial management, despite operating in a challenging funding environment. While this represents a modest 3.2% decrease from the previous year's income of £617,551, this gap had been anticipated and accounted for in the budget.

At the start of the year, the majority of the budgeted income had already been secured, providing the charity with a stable foundation for operations. The remaining income target was successfully met through additional grants, donations and fundraising initiatives.

Treasurers Report and Financial Review - continued

Total expenditure for the year was £482,867, which is 5.4% below the budgeted £510,518. This underspend was primarily due to reduced payroll costs, attributed to delayed recruitment, staff departures, and long-term staff absence.

As a result, the charity achieved a net surplus of £115,135, which exceeded expectations and contributed to the growth of its unrestricted reserves.

The charity's strong financial position also enabled it to award staff a well-deserved pay increase at the beginning of the year, something that had not been possible in the previous year due to tighter finances. Additionally, the organisation expanded its frontline services by hiring much-needed Family Support Coordinators.

We are extremely grateful to all our funders for their continued generosity. We are especially proud to be supported by a diverse group of funding partners. While managing multiple funding streams does increase the administrative workload, our diversification strategy has proven effective in reducing reliance on any single income source and strengthening our long-term sustainability.

Reserves policy

The charity ended the 2024/25 financial year with a strong reserves position of £390,241, of which £387,795 was unrestricted (2023: £275,106 total reserves, with £250,836 unrestricted). This represents a 41.9% increase in total reserves year-on-year. Our closing unrestricted reserves now equate to over nine months of operating costs.

Reserves are currently above the level set out in our reserves policy of six months of operating costs. This reflects a combination of delayed expenditure, increased funding and prudent financial planning in response to challenges in the previous financial year.

The surplus reserves will be invested in strengthening our work and driving impact. They will enable us to:

· Recruit additional staff to meet the growing demand for our services

· Build a contingency fund that ensures stability and resilience in the face of future funding changes

· Advance strategic initiatives that will help us achieve our long-term goals and maximise our positive impact

This strong financial position reflects the proactive measures taken in the second half of 2023/24 to grow income and re-balance our reserves. These included diversifying our funding base and securing additional support from longstanding donors.

We are deeply grateful for the continued generosity and trust of our supporters. Their contributions have enabled us to build a stable financial foundation from which to grow and improve our support for families in the local community.

Public benefit

Home-Start WKCHF provides a range of services to the local community that aim to improve the lives of local families.

We continue to supply services across three boroughs - Westminster, Kensington & Chelsea and Hammersmith & Fulham to any family expecting a baby or with a child under the age of 5 who needs it because they are experiencing emotional or practical difficulties. In addition to our core service of home visiting we offer our 'Bump-Start' programme supporting mothers from pregnancy through to the child's 1st birthday. This programme aims to give all babies the best start in life and is a model that has been taken up by the wider Home-Start network. Referrals to our programmes come primarily from statutory bodies such as health and social services but are open to self-referrals.

We offer a wide variety of additional services highlighted as a need within the communities we support, that provide a range of benefits. These include; increased positive attachment supported by the provision of parenting support on a one to one and group basis, to improved health & wellbeing including long term psychotherapy and specific training on issues faced such as budgeting.

The trustees have considered the Charity Commission's general guidance on public benefit in setting its objectives and planning its activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Status and governing document

The organisation is a charitable company limited by guarantee, incorporated on 10 November 2004 and registered as a charity on 20 May 2005.

The company was established under a Memorandum of Association which established the objectives and powers of the charitable company and is governed under its Articles of Association.

Directors and trustees

Under the Memorandum & Articles of Association, the officers of the charity (Chair, Treasurer and Company Secretary) are appointed by the Trustees. The Trustees according to the Articles of Association are elected by the members of the charity attending the Annual General Meeting. The training and induction of Trustees will depend on their existing experience.

Under the Articles of Association, one third of the trustees retire by rotation at each Annual General Meeting.

The Trustees may co-opt any person duly qualified to be appointed as Trustee and that person will hold office until the next Annual General Meeting.

Once appointed,trustees will be supported by the Board of Trustees in any area of induction or training needed.

The Trustees meet bi-monthly to ensure the compliance with the Memorandum and Articles and the policies of Home-Start. The day to day operation within the policies, forward plan and budgets are delegated to the Scheme Manager.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05283272 (England and Wales)

Registered Charity number

1109568

Registered office

St Paul's Church Centre

Rossmore Road

London

NW1 6NJ

Trustees

The trustees who have served during the year and to the date of this report:

Christina Smyth

Chair

Tinuke Bell

Treasurer

- Resigned 26th September 2024

Anika Haria

Treasurer

- Appointed 27th March 2025

Denise Loewen

HR

Isla Johns

Saleem Khalid

Daphine Aikens MBE

Stephen Miley OBE

Laetitia Rennie

Company Secretary

Emily Henderson

Patron

Baroness Floella Benjamin

Finance/Fundraising Committee

Tinuke Bell

To 26th September 2024

Anika Haria

From 27th March 2025

Christina Smyth

Thienhuong Nguyen

Fiazah Pervez

Lucy Allison

To 18th September 2024

Katherine Philip

From 14th November 2024

HR Committee

Denise Loewen

Christina Smyth

Thienhuong Nguyen

Volunteer Committee

Daphine Aikens MBE

Stephen Miley OBE

Laetitia Rennie

Karima El-Haddad

Katherine Philip

Auditors

TC Group

Statutory Auditor

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

Bankers

CAF Bank

25 Kings Hill Avenue

Kings Hill

West Malling

Kent

ME19 4TA

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 order of the board of trustees on 2nd October 2025 and signed on its behalf by:

C Smyth - Trustee

The trustees (who are also the directors of Home-Start Westminster, Kensington & Chelsea and Hammersmith & Fulham for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United 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 company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charities SORP;

-	make judgements and estimates that are reasonable and 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 trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

-	there is no relevant audit information of which the charitable company's auditors are unaware; and

-	the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

Opinion

We have audited the financial statements of Home-Start Westminster, Kensington & Chelsea and Hammersmith & Fulham (the 'charitable company') for the year ended 31st March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement 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 our opinion the financial statements:

-	give a true and fair view of the state of the charitable company's affairs as at 31st March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

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

Conclusions relating to going concern

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

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

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

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Trustees has been prepared in accordance with applicable legal requirements.

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 material misstatements 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 returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of trustees' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue 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 taken on the basis of these financial statements.

Extent to which the audit was considered capable of detecting irregularities, including fraud

The objectives of our audit, in respect to fraud, are: to identify and assess the risks of material misstatement of

the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed

risks of material misstatement due to fraud, through designing and implementing appropriate responses; and

to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary

responsibility for the prevention and detection of fraud rests with both those charged with governance of the

entity and its management.

Our approach was as follows:

-

We identified areas of laws and regulations that could reasonably be expected to have a material effecton the financial statements from our general commercial and sector experience, and throughdiscussion with management (as required by auditing standards), and discussedwith management the policies and procedures regarding compliance with lawsand regulations;

-

We considered the legal and regulatory frameworks directly applicable to the financial statementsreporting framework (FRS 102, the Charities Act 2011 and the Companies Act 2006) and the relevant tax compliance regulations in the UK;

-

We communicated identified laws and regulations throughout our team and remained alert to anyindications of non-compliance throughout the audit;

We considered the procedures and controls that the charitable company has established to address risks

identified, or that otherwise prevent, deter and detect fraud; and how senior management monitorsthose programmes and controls.

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and

regulations. Where the risk was considered to be higher, we performed audit procedures to address each

identified fraud risk. These procedures included: testing manual journals; reviewing the financial statement

disclosures and testing to supporting documentation; performing analytical procedures; and enquiring of

management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some

material misstatements in the financial statements, even though we have properly planned and performed our

audit in accordance with auditing standards. For example, the further removed non-compliance with laws and

regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater

regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment,

forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and

cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's 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 company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Alasdair Weaks (Senior Statutory Auditor)

for and on behalf of TC Group

Statutory Auditor

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

2nd October 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

3

28,581

4,639

33,220

137,712

Charitable activities

5

Charitable activities

207,540

348,972

556,512

476,059

Investment income

4

8,270

-

8,270

3,780

Total

244,391

353,611

598,002

617,551

EXPENDITURE ON

Charitable activities

6

Charitable activities

107,432

375,435

482,867

477,219

NET INCOME/(EXPENDITURE)

136,959

(21,824

)

115,135

140,332

RECONCILIATION OF FUNDS

Total funds brought forward

250,836

24,270

275,106

134,774

TOTAL FUNDS CARRIED FORWARD

387,795

2,446

390,241

275,106

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

CURRENT ASSETS

Debtors: amounts falling due within one year

10

1,400

-

1,400

35,000

Cash at bank

414,447

2,446

416,893

263,075

415,847

2,446

418,293

298,075

CREDITORS

Amounts falling due within one year

11

(28,052

)

-

(28,052

)

(22,969

)

NET CURRENT ASSETS

387,795

2,446

390,241

275,106

TOTAL ASSETS LESS CURRENT LIABILITIES

387,795

2,446

390,241

275,106

NET ASSETS

387,795

2,446

390,241

275,106

FUNDS

13

Unrestricted funds

387,795

250,836

Restricted funds

2,446

24,270

TOTAL FUNDS

390,241

275,106

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

The financial statements were approved by the Board of Trustees and authorised for issue on 2nd October 2025 and were signed on its behalf by:

C Smyth - Trustee

A Haria - Trustee

Cash flows from operating activities

Cash generated from operations

1

145,548

97,704

Net cash provided by operating activities

145,548

97,704

Cash flows from investing activities

Interest received

8,270

3,780

Net cash provided by investing activities

8,270

3,780

Change in cash and cash equivalents in the reporting period

153,818

101,484

Cash and cash equivalents at the beginning of the reporting period

263,075

161,591

Cash and cash equivalents at the end of the reporting period

416,893

263,075

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

31.3.25

31.3.24

£

£

Net income for the reporting period (as per the Statement of Financial Activities)

115,135

140,332

Adjustments for:

Interest received

(8,270

)

(3,780

)

Decrease/(increase) in debtors

33,600

(35,000

)

Increase/(decrease) in creditors

5,083

(3,848

)

Net cash provided by operations

145,548

97,704

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank

263,075

153,818

416,893

263,075

153,818

416,893

Total

263,075

153,818

416,893

1.	GENERAL INFORMATION

Home-Start Westminster, Kensington & Chelsea and Hammersmith & Fulham is a company limited by guarantee, registered in England and Wales (Company number: 05283272) and a charity registered with the Charity Commission (registered number: 1109568). Home-Start Westminster's registered address is St Paul's Church Centre, Rossmore Road, London, NW1 6NJ.

The charity meets the definition of a public benefit entity under FRS 102.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in sterling, the functional currency of the charity, and monetary amounts in these financial statements have been rounded to the nearest £.

Going concern

The charity started the 2024/25 financial year on a firm footing following a concerted drive to diversify funding sources and additional support from longstanding donors after unsuccessful funding applications left a funding gap in the first half of 2023/24. With financial stability from the start of the year and reserves in a healthy position, staff were able to focus on strengthening core work as well as offering new services.

Having considered post year-end financial results and cash reserves, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grant income is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Grant income received in advance for activities undertaken after the year end is deferred until the criteria for income recognition are met.

Donations and similar incoming resources are included in the year in which they are receivable, which is when the charity becomes entitled to the resource.

Investment income includes interest receivable and is included in the accounts when the charity becomes entitled to the income.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

All expenditure is shown inclusive of irrecoverable VAT

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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 at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

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.

Financial instruments

The charity has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets and financial liabilities are recognised when the charity becomes party to the contractual provisions of the instrument.

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

Operating leases

Rentals paid under operating leases are charged to the statement of financial activities on a straight line basis over the lease term.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Pension costs and other post-retirement benefits

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payment obligations.

The contributions are recognised as an expense in the Statement of Financial Activities when they fall due. Amounts not paid are shown in creditors as a liability in the Balance Sheet. The assets of the plan are held separately from the charity in independently administered funds.

3.	DONATIONS AND LEGACIES

31.3.25

31.3.24

£

£

Donations

33,220

137,712

4.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Deposit account interest

8,270

3,780

5.	INCOME FROM CHARITABLE ACTIVITIES

31.3.25

31.3.24

Activity

£

£

Grants

Charitable activities

556,512

476,059

6.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Total

Total

costs

costs

31.3.25

31.3.24

£

£

£

Staff costs

401,230

-

401,230

416,973

Support of families

74,293

7,345

81,638

60,246

475,523

7,345

482,868

477,219

SUPPORT COSTS

Total

Total

31.3.25

31.3.24

£

Auditors' remuneration

7,345

4,218

7.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024.

Trustees' expenses

Trustees were not reimbursed with any expenses during the year (2024 - £Nil).

8.	STAFF COSTS

31.3.25

31.3.24

£

Wages and salaries

356,109

372,384

Social security costs

29,796

29,542

Other pension costs

15,325

15,047

401,230

416,973

The average number of staff employed during the year was 12 (2024 - 13).

There were no staff paid more than £60,000 during the year (2024 - none).

During the year, the charity incurred costs totalling £57,248, including employer's NIC and employer's pension, in respect of key management personnel.

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

137,712

-

137,712

Charitable activities

Charitable activities

165,000

311,059

476,059

Investment income

3,780

-

3,780

Total

306,492

311,059

617,551

EXPENDITURE ON

Charitable activities

Charitable activities

190,430

286,789

477,219

NET INCOME

116,062

24,270

140,332

RECONCILIATION OF FUNDS

Total funds brought forward

134,774

-

134,774