REGISTERED COMPANY NUMBER: SC280861 (Scotland)

REGISTERED CHARITY NUMBER: SC030131

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HOME-START GLASGOW SOUTH

Page

Report of the Trustees

1

to

5

Report of the Independent Auditors

6

to

8

Statement of Financial Activities

9

Balance Sheet

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

to

27

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 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 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Home-Start Glasgow South offers emotional and practical support to parents/carers with at least one child of 8 years and under, living in the Southside of Glasgow. Home-Start Glasgow South offers a unique service, recruiting and training volunteers to visit families at home, for up to 3 hours each week, offering non-threatening, non-judgemental support. To help give children the best possible start in life, Home-Start Glasgow South support parents/carers as they grow in confidence, strengthen their relationships with their children and widen their links with the local community.

STRATEGIC REPORT

Achievements and performance

Charitable activities

It is my privilege, as Chair of the Board, to present Home-Start Glasgow South's Annual Report for the year ending 31 March 2025. This year has been one of resilience, renewal, and renewed purpose, and I am proud to share what we have achieved together as an organisation.

Overview of the Year

The 2024/25 period has presented both challenges and opportunities for the families we support. The cost-of-living crisis continues to place real pressure on many households across Glasgow South. In response, Home-Start Glasgow South has remained steadfast in its mission, continuing to provide essential early intervention and support services. We have consistently responded to the needs of communities that rely on us, supporting those who are most vulnerable to poverty, isolation, and mental health challenges.

This year, we have supported 370 families and 798 children, each one a reminder of the importance of our work because childhood can't wait.

Financial Stability

This year's financial climate has been testing. We have faced funding pressures, but through determination, careful planning, and the generosity of our supporters, we have maintained a stable position. Key grants and the continued backing of local businesses have ensured the continuation of our vital group activities and family services.

During the year, our income was £629,532 (2024: £575,579) with expenditure of £659,921 (2024: £643,866), resulting in a deficit of £30,389 (2024: £68,287). Importantly, reserves remain in line with our policy, ensuring we can continue to meet needs and plan for the future with confidence.

Governance and Oversight

I would like to thank my fellow trustees for sharing their time and skills. Strong governance underpins all we do. The Board of Trustees has continued to meet regularly, ensuring transparency, accountability, and robust oversight. We have reviewed policies, strengthened governance practices, and kept strategic planning at the forefront. As Chair, I am committed to ensuring that we remain both responsive and resilient, and that we deliver long-term impact for our community.

Volunteer Development and Training

Our volunteers are at the very heart of what we do. Their commitment, compassion, and generosity of time make a profound difference to families across Glasgow South. To every volunteer who gives so freely of themselves, thank you for your dedication and care.

On behalf of the Board, I would like to thank our funders, supporters, staff, and volunteers, whose unwavering dedication enables us to continue our mission.

Financial review

Principal funding sources

The charity has been successful in obtaining substantial grants from BBC Children in Need, National Lotteries Communities Fund, William Grant Foundation and Glasgow Communities Fund.

Reserves policy

The Board has established a level of reserves (that is those funds that are freely available) that the charity ought to have. They have set this at a level to ensure we have running costs for three months and redundancy costs if required. The Board reviews income and expenditure budgets each month. As at 31 March 2025, there are sufficient funds held in unrestricted funds in order to meet the requirement of the reserves policy.

Principal risks and uncertainties

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The charity has identified its principal risks to the achievement of its charitable objectives as follows: the potential uncertainty regarding future income, which may impact its ability to sustain current levels of support activities; and the possible insufficiency of available resources-including both trained staff and volunteers-which could compromise the delivery of its services.

The charity seeks to mitigate these risks by reviewing its longer-term funding status at each board meeting and undertaking thorough recruitment and training processes for both new staff and volunteers.

Financial and risk management objectives and policies

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finance of the trust and child protection and are satisfied that systems are in place to mitigate exposure to the major risks.

Future plans

As we step into 2025/26, Home-Start Glasgow South stands ready to build on our successes, strengthen our impact, and deepen our role at the heart of our communities. We are aware of the challenges ahead, stemming from the difficult funding landscape, ongoing cost-of-living pressures, and increasing complexity of family needs. However, we also see opportunities to make a lasting difference.

We aim to ensure that every family in Glasgow South can access early, effective, and compassionate support when they need it most. We will work to strengthen partnerships across the public, voluntary, and private sectors and continue to innovate in the way we deliver our services.

To our supporters, I want to reaffirm this: your support is not just an investment in an organisation, but an investment in people, in children, parents, and carers who will benefit for years to come. Together, we can build stronger, more resilient families, reduce pressures on wider public services, and foster thriving communities.

The Board and I are committed to leading Home-Start Glasgow South with vision and purpose. We will continue to ensure that Home-Start Glasgow South remains a trusted, responsive, and vital resource for Glasgow South.

On behalf of the Board, I would like to extend my heartfelt thanks to everyone who makes Home-Start Glasgow South what it is. Together, we are building stronger families, stronger communities, and a stronger future for Glasgow South.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Home-Start Glasgow South is a charitable company limited by guarantee, incorporated on 1 March 2005, and registered as a charity on 9 March 2000 as Home-Start Pollokshaws, with a change of name to Home-Start Glasgow South on 27 June 2002. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purpose of charity law. Under the requirements of the Memorandum and Articles of Association, one-third of the trustees must retire at each AGM, those longest in office retiring first.

Applicants for the Board are always interviewed. If the Board wish to invite the applicant to become a Trustee, two references are sought and if satisfactory the applicant is asked to attend three meetings. At the end of the third meeting, a decision is taken by both the applicant and the existing Board members as to whether the person is suitable for the post.

A Disclosure Scotland check is done before the applicant is registered as a full member and trustee. Members of the Board have a variety of skills, ranging from experience working with children and young people to managerial and financial skills.

Organisational structure

The trustees, who are also the directors for the purposes of company law, are the key management personnel of the charity and receive no remuneration for their services.

Home-Start Glasgow South has a Board of up to 12 members, who meet monthly and are responsible for the strategic direction and policy of the charity. At the end of this year, we have 8 members on the board from a variety of backgrounds relevant to the work of the charity. The secretary also sits on the Board but has no voting rights.

A scheme of delegation is in place and day to day responsibility for the provision of services rests with the Director who is supported by the Chair of the Board. The Director has responsibility for 24 members of staff - Assistant Director, Senior Co-ordinator, 3 Family Support Co-ordinators, 1 Perinatal Co-ordinator, Senior Family Support Worker, 2 Family Support Workers, 2 Dads Support Workers, 2 Group Workers, 5 Group Assistants, Finance Officer, Senior Grants and Trusts Officer, Volunteer Development Co-ordinator, Communications and Fundraising Officer, 1 Operational Administrator and Board Admin Support, ensuring the team continue to develop their skills and working practices in line with good practice.

Induction and training of new trustees

After the initial induction to Board meetings, further training is offered by Home-Start UK for any trustees wishing to access it. This includes various forums with Home-Start UK throughout the year, to update, inform and consult with trustees on new policies and procedures.

Wider network

Home-Start Glasgow South team members attend regular meetings of local networks including Integration Networks, Childcare Partnership Forum, Citywide Forum, Locality Planning, Child Protection Forum, Voluntary Sector Forums, and sit on all Early Years Family Support Teams in Glasgow South.

Related parties

Home-Start Glasgow South is an independent charity, but it is also part of Home-Start UK, the National Organisation, a Charity Limited by Guarantee, registered in England and Wales under the charity number 32614. No financial input is received from Home-Start UK, but advice, support and training for staff and Board members are provided on a regular basis in return for an annual fee.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC280861 (Scotland)

Registered Charity number

SC030131

Registered office

Pollokshaws Burgh Hall

2025 Pollokshaws Road

Glasgow

G43 1NE

Trustees

R Kelso Mason

M A Smith

Dr D Singh (resigned 22.8.24)

A McCann

J McKee

S Miller

J Duncan

K McKinlay (resigned 14.3.25)

D McCann

M M Russell (resigned 5.8.24)

A Rutkowska (appointed 20.8.25)

Company Secretary

C P Boyle

Auditors

Bannerman Johnstone Maclay Limited

Chartered Accountants

and Statutory Auditor

213 St Vincent Street

Glasgow

G2 5QY

Bankers

Bank of Scotland

8 Lochside Avenue

Edinburgh

EH12 9DJ

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Home-Start Glasgow South 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.

AUDITORS

The auditors, Bannerman Johnstone Maclay Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 4 November 2025 and signed on the board's behalf by:

R Kelso Mason - Trustee

Opinion

We have audited the financial statements of Home-Start Glasgow South (the 'charitable company') for the year ended 31 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 31 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, the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 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 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:

-	adequate and proper 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.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

-

We obtained an understanding of the legal and regulatory frameworks applicable to the charitable company and the sector in which it operates, focusing on those with a direct effect on the financial statements. We determined that the following laws and regulations were the most significant: the Companies Act 2006, the Charities and Trustees Investment (Scotland) Act 2005 and the Charity SORP.

-

We obtained an understanding of how the charitable company is complying with those legal and regulatory frameworks by making enquires to the management and those charged with governance and corroborated these responses through our review of trustees meeting minutes and other relevant documentation.

-

We assessed the susceptibility of the charitable company's financial statements to material misstatement, including how fraud might occur, and identified management override of controls and revenue recognition (cut-off and completeness) as the areas with the greatest risk of fraud. To address these risks, the audit procedures performed by the engagement team included:

-

identifying and assessing the design and effectiveness of controls management has in place to prevent and detect fraud;

-

understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

-

reviewing financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

-

challenging assumptions and judgements made by management in its significant accounting estimates;

-

identifying and testing journal entries, in particular any journal entries posted with unusual accounting combinations or appearing to be outside the usual charitable activities;

-

substantively testing a sample of revenue transactions, focusing on grant funding, to ensure completeness and cut-off around year end has been appropriately applied; and

-

assessing the extent of compliance with relevant laws and regulations.

-

Engagement team members were also briefed on relevant laws, regulations and potential fraud risks, and were reminded to remain alert to indications of non-compliance throughout the audit.

-

Due to the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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, and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and the trustees 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.

Douglas Paton BSc CA (Senior Statutory Auditor)

for and on behalf of Bannerman Johnstone Maclay Limited

Chartered Accountants

and Statutory Auditor

Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006

213 St Vincent Street

Glasgow

G2 5QY

11 December 2025

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

13,211

-

13,211

13,198

Charitable activities

5

Supporting families

7,050

562,694

569,744

555,962

Other trading activities

3

531

40,480

41,011

1,466

Investment income

4

5,566

-

5,566

4,953

Total

26,358

603,174

629,532

575,579

EXPENDITURE ON

Charitable activities

6

Supporting families

56,891

603,030

659,921

643,866

NET INCOME/(EXPENDITURE)

(30,533

)

144

(30,389

)

(68,287

)

RECONCILIATION OF FUNDS

Total funds brought forward

318,540

107,544

426,084

494,371

TOTAL FUNDS CARRIED FORWARD

288,007

107,688

395,695

426,084

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

13

2,934

20,076

23,010

19,561

CURRENT ASSETS

Debtors

14

16,809

8,266

25,075

20,062

Cash at bank and in hand

272,943

102,178

375,121

396,410

289,752

110,444

400,196

416,472

CREDITORS

Amounts falling due within one year

15

(4,679

)

(22,832

)

(27,511

)

(9,949

)

NET CURRENT ASSETS

285,073

87,612

372,685

406,523

TOTAL ASSETS LESS CURRENT LIABILITIES

288,007

107,688

395,695

426,084

NET ASSETS

288,007

107,688

395,695

426,084

FUNDS

16

Unrestricted funds

288,007

318,540

Restricted funds

107,688

107,544

TOTAL FUNDS

395,695

426,084

The financial statements were approved by the Board of Trustees and authorised for issue on 4 November 2025 and were signed on its behalf by:

R Kelso Mason - Trustee

Cash flows from operating activities

Cash generated from operations

1

(8,046

)

(62,973

)

Net cash used in operating activities

(8,046

)

(62,973

)

Cash flows from investing activities

Purchase of tangible fixed assets

(13,243

)

(524

)

Net cash used in investing activities

(13,243

)

(524

)

Change in cash and cash equivalents in the reporting period

(21,289

)

(63,497

)

Cash and cash equivalents at the beginning of the reporting period

396,410

459,907

Cash and cash equivalents at the end of the reporting period

375,121

396,410

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

2025

2024

£

£

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

(30,389

)

(68,287

)

Adjustments for:

Depreciation charges

9,794

7,967

(Increase)/decrease in debtors

(5,013

)

33,591

Increase/(decrease) in creditors

17,562

(36,244

)

Net cash used in operations

(8,046

)

(62,973

)

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank and in hand

396,410

(21,289

)

375,121

396,410

(21,289

)

375,121

Total

396,410

(21,289

)

375,121

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements and assessment of going concern

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 charitable company's functional currency is sterling. Amounts in the financial statements are rounded to the nearest £.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

These estimates and judgements are:

Depreciation - fixed assets are depreciated over the useful life of the asset. The useful lives of fixed assets are based on the knowledge of senior management, with reference to the assets' expected life cycle.

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.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Grants are recognised when the charity becomes unconditionally 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.

The charity benefits from the time of unpaid volunteers but does not account for the cost of this time in these financial statements.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

Governance costs

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit. Governance costs are support costs relating to charitable activities. The allocation of governance costs is analysed in note 8.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost and 10% on cost

Computer equipment

-

20% on cost

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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the company 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 set 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.

Basic financial assets

Basic financial assets, which include certain debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including certain creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.	DONATIONS AND LEGACIES

2025

2024

£

£

Donations

13,211

13,198

3.	OTHER TRADING ACTIVITIES

2025

2024

£

£

Fundraising events

41,011

1,466

4.	INVESTMENT INCOME

2025

2024

£

£

Bank interest received

5,566

4,953

5.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Activity

£

£

Grants

Supporting families

569,744

555,962

Grants received, included in the above, are as follows:

2025

2024

£

£

NHS Greater Glasgow and Clyde: South West Glasgow Community Health & Care Partnerships

-

20,000

BBC Children in Need

40,000

29,605

The National Lottery Community Fund

62,132

82,828

NHS Health & Social Care Partnership

20,000

-

The Henry Smith Charity

60,000

40,000

The Robertson Trust

38,000

38,000

Saints & Sinners Club

1,250

-

Scottish Government Perinatal

4,000

-

Pupil Equity Fund (PEF)

39,086

30,506

The Hugh Fraser Foundation

-

7,000

Bellahouston Bequest Fund

4,000

-

Glasgow Communities Fund

121,436

121,436

Inspiring Scotland (CERF)

-

8,000

The Hugh Stenhouse Foundation

1,100

-

Home Start Scotland -The Promise Grant

2,500

-

John Lewis Partnership

-

1,500

NHS Greater Glasgow & Clyde Healthcare Charity

49,804

49,025

Bank of Scotland Foundation

-

24,775

GCVS - Mental Health and Wellbeing Fund

-

9,931

Nationwide Community Grant

-

32,390

St James Place Foundation

2,500

2,500

Impact Funding Partners (Social Isolation & Loneliness Fund)

24,000

16,000

Home Start - White Stuff Empowering Women Grant

-

2,500

Foundation Scotland

14,282

7,141

Save The Children

4,000

1,625

Carried forward

488,090

524,762

2025

2024

£

£

Brought forward

488,090

524,762

Home Start UK - Cystic Fibrosis Trust

-

2,000

Home-Start UK

8,700

9,000

GCVS Winter Wellbeing Fund

-

11,000

Scotwest Community Awards

-

700

Home Start UK Corra/Promise

12,500

7,500

The Grace Trust

-

1,000

GGC 250/24

11,890

-

Garfield Weston Foundation

30,000

-

GCVS (Welcome Places Grant)

5,500

-

Impact Funding Partners (Whole Family Community Fund)

3,264

-

TRI Group Ltd

3,000

-

The Lennox Hannay Charitable Trust

5,000

-

Clyde Community Hall

1,800

-

569,744

555,962

6.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 7)

note 8)

Totals

£

£

£

Supporting families

645,960

13,961

659,921

7.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2025

2024

£

£

Staff costs

545,246

528,376

Rates and water

26,433

32,232

Postage and stationery

5,273

5,072

Sundries

123

61

Staff travel and recruitment

9,894

9,967

Volunteer expenses & training

1,799

1,697

All group work inc crèche

24,883

21,293

Repairs and renewals

279

222

Cleaning and catering

2,036

89

Outings and event costs

806

4,760

IT software and consumables

14,845

13,802

Subscriptions

4,549

3,872

Depreciation

9,794

7,967

645,960

629,410

8.	SUPPORT COSTS

Governance

costs

£

Supporting families

13,961

Governance costs are allocated to expenditure on charitable activities.

Support costs, included in the above, are as follows:

Governance costs

2025

2024

Supporting

Total

families

activities

£

£

Home-Start UK

10,361

11,036

Audit fees

3,600

3,420

13,961

14,456

9.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

9,794

7,967

10.	TRUSTEES' REMUNERATION 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.

The trustees represent the key management personnel of the charity.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.