**Charity Registration No. 1105001**
**Company Registration No. 05169779 (England and Wales)**
## **HOME-START IN SUFFOLK**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **HOME-START IN SUFFOLK**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|H L Clarkson-Fieldsend|
|---|---|
||E V Dyball|
||C Mugambi|
||L J Phelan|
||H Ratcliffe|
||A Rickards|
||H J Taylor|
||R M Thacker|
||P J Wilson|
|**Patrons**|A Horowitz OBE|
||M Kendall|
||M Raison|
|**Chief Executive Officer**|T Spence|
|**Charity number**|1105001|
|**Company number**|05169779|
|**Principal address & registered office**|8A The Square|
||Martlesham Heath|
||Ipswich|
||Suffolk|
||IP5 3SL|
|**Independent examiner**|H Rumsey FCA|
||Ensors Accountants LLP|
||Cardinal House|
||46 St Nicholas Street|
||Ipswich|
||Suffolk|
||IP1 1TT|
|**Bankers**|HSBC Bank plc|
||37 The Thoroughfare|
||Woodbridge|
||Suffolk|
||IP12 1AH|
## **HOME-START IN SUFFOLK**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Statement of cash flows|8|
|Notes to the financial statements|9 - 20|
## **HOME-START IN SUFFOLK**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
The trustees present their report and financial statements for the year ended 31 March 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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**
The charity's objects are:
- a) to safeguard, protect and preserve the good health, both mental and physical of children and parents of children;
- b) to prevent cruelty to or maltreatment of children;
- c) to relieve sickness, poverty and need amongst children and parents of children; and
- d) to promote the education of the public in better standards of child care, principally but not exclusively within the area of Suffolk.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future subject to the continued impact that the COVID 19 pandemic might have on the charity. Thus the trustees consider the Charity a going concern.
Home-Start in Suffolk works with families who are experiencing difficulties and have at least one child under 12; helping young children and their families struggling to cope with disabilities, additional needs, domestic violence, abuse, poverty, financial issues, unsafe environments, mental health, bereavement, poor nutrition, neglect, and many other issues.
Providing support to over 500 families per year in Suffolk, we engage client families where they live, providing trained, experienced, volunteers, offering necessary support to give families the best possible pathway to stability, happiness, and cohesion. Following a needs-led assessment, visits provide support to families, meeting needs as identified by the family and professionals working with them.
As, the county’s largest early intervention family support provider, we have over 240 volunteers working with us. We are well respected as a provider in the county, commissioned by Suffolk County Council to carry out family support throughout Suffolk.
Vulnerable families are referred to Home-Start each year by several agencies including the Early Help Team and Social Services, as well as self-referrals. Our crucial support is given through the volunteer home-visiting service and group services. Volunteers are carefully matched to a family based on personality, skills and circumstances and the support offered is monitored by an experienced team of staff to ensure that positive outcomes for families are achieved and that client families receive the best possible service.
Home-Start’s non-stigmatising intervention helps prevent family breakdown by building parents’ self-esteem and confidence. We promote parents’ mental and social health and reduce the risk of post-natal depression. Data shows that 58% of parents we support have mental health problems, ranging from post-natal depression to more enduring mental health issues and 35% of children have emotional wellbeing related needs. For many of these families, receiving non-judgmental support and assistance in accessing support services is paramount in their care, to prevent crisis, and to assist them in managing their own care plans.
Home-Start in Suffolk volunteers attend a comprehensive, accredited training course. On average our volunteers give three hours per week. In some cases, volunteers work with more than one family at a time due to demand for support and the available time and energy of volunteers. We recruit and train approximately 60 volunteers per year to work with us in providing this support.
- 1 -
## **HOME-START IN SUFFOLK**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
We are pleased to report that we have satisfied our funding contracts on the number of families supported and the quality of service provided to date and we continue to have a strong working relationship with our local authority and other statutory partners.
Home-Start in Suffolk is part of a national scheme Home-Start UK (HSUK), which provides shared learning and advice.
## **Achievements and performance**
During 2020/21 we supported 565 families across the county, a 0.5% decrease on the previous year. This work was achieved by 233 active volunteers, of whom 71 joined us during the year. Due to the impact of the Covid pandemic, the support provided had to be adapted as we were unable to undertake home visits, these being replaced by telephone support.
Our achievements during this financial year are quite different to previous years, due to the impact of the pandemic on families, children, and young people. We saw a move from ‘social belonging’ based needs to safety and physiological needs. Our achievements included the following:
- During the first quarter, we provided 45 hours a week over eight weeks of volunteer support to the Emotional Wellbeing hub to support them to manage an increased call and support volume due to the pandemic.
- We delivered food parcels and basic supplies to 20% of our supported families.
- We increased family support provision in the west of the county in line with our business plan supplying greater equality and access to support in all areas of the county
- We increased financial sustainability roles and family support provision
- We increased our total reserves by 29%
Our plans for 2020/21 involved increasing the capacity of our family support team and we were pleased to recruit a new full time team member. We also welcomed two new roles in the year, a grants and research officer and a volunteer recruitment coordinator. Both roles are working well and are evidenced by the range of new funds we have received and increased volunteer recruitment.
## **Financial review**
2020/21 was the third full year as Home-Start in Suffolk following the merger with Home-Start South Suffolk in 2017. The charity continued to build on its success raising additional income to support more families across the county and recorded a surplus of £138,843.
Income for the year decreased by 0.4% (2020: increased by 21%) to £584,738 in 2020/21. Of this 76% (2020: 70%) being £443,983 was spent on delivering services to families in accordance with our charitable objects and £1,912 being 0.3% (2020: 2%) was spent on fundraising.
The charity ends the year in a strong position to continue to support families as the COVID-19 pandemic plays out and to start to explore new and innovative ways to develop services as the impact of the global crisis becomes clearer.
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## **HOME-START IN SUFFOLK**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Reserves policy**
Total reserves increased by 29% (2020: 49%) from £482,222 to £621,065. The reserves policy set by Trustees requires:
- reserves to be maintained at a level which ensures that Home-Start’s core activity could continue during a period of unforeseen difficulty; and
- a proportion of reserves to be maintained in a readily realisable form.
The Trustees have reviewed the reserves of the Charity. This review encompassed the nature of the Income and Expenditure streams, the need to match income streams with fixed commitments and the nature of the reserves.
Having considered the risk, activity and commitments of the organisation Trustees have agreed that the scheme needs to retain a minimum level of reserves of six months operating costs.
The Trustees continue to hold funds in the Contingency Fund being £225,000 (2020: £225,000).
The charity has created the Leasehold Commitment Reserve to cover the future costs of the property lease. The balance as of 31 March 2020 was £43,932 and due to reduction in the lease commitment has reduced £31,951 as of 31 March 2021.
At the year end, the Charity's free reserves amounted to £382,146 (2020: £317,137), comprising a General Fund of £125,195 (2020: £48,205), the Leasehold Commitment Reserve of £31,951 (2020: £43,932) and a Contingency Reserve of £225,000 (2020: £225,000). A further £238,919 (2020: £165,085) is held in Restricted Funds.
## **Plans for the future**
In normal times our sector faces many challenges in the medium and long term: reduced funding, increased competition for volunteers, more time-intensive cases and multiple charities competing for funding of very worthy programmes. In a time of crisis, as is now, these challenges are even more impactful and relevant.
Our management team supported by the board of trustees has adopted a five year strategy with 2020/21 being our second year.
Our main strategic outcomes include:
- Increasing the number of families, we support from 400 per annum to 600 at a rate of an additional 50 per year
- Increase our number of volunteers from 200 to 330 at a rate of an additional 25 per year.
- Increase our Board membership in line with skills audits and gap analysis.
The impact of the pandemic has a significant impact on both the style and scope of our delivery offer to Suffolk families. The first half of the year saw a reduction in the general number of referrals, as clients opted for basic needs support services as the impact of job losses, increased costs, and reductions in income due to the furlough scheme were felt. Where referrals were received these concentrated on basic support needs and the family support team made a record number of food bank referrals as well as delivering supplies of donated food stock and baby equipment. Those clients that received a service based on our average referral reasons were supported for 25-50% longer than pre pandemic, representing the (pandemic related) lack of ongoing support within the community in the form of parent-based groups and reduced physical health and wellbeing support.
The second half of the year saw 70% of the referral level return and by the end of the financial year we were exceeding the pre pandemic referral level by 5%.
The continuing referral rate and planned trajectory shows that Home-Start in Suffolk demand is to increase significantly as the restrictions of the pandemic begin to lift and to this end we are working with a variety of statutory partners and the wider population of Suffolk to ensure that we have the financial, staff and volunteer resource to meet this increased demand.
- 3 -
## **HOME-START IN SUFFOLK**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
We were extremely pleased to see a boost in new and existing volunteer capacity, with 71 volunteers recruited during the year. Volunteering was boosted by increased internal recruitment capacity, and increased PR and promotional activity.
Throughout 2020/21 we were pleased to be joined by one additional board member, representing specialism in Safeguarding, which was in line with our acknowledged skills gap of 2019/20.
Our overall board skills are in line with our strategic plan and provide us with the best opportunities to support our management and operational team in delivering a high quality, outcome-based service to families across the county. Moving forward we plan to recruit two / three additional trustees, representing our diverse clients, environment, and sustainability.
Diversification of income streams continues to prove challenging, however we were pleased to make £17,066 in fundraising income and £68,431 in donations.
We have prioritised our response to the situation at hand to ensure that we are able to meet the needs of our client families in the here and now. We believe that our speed and level of response throughout this crisis has allowed us to strengthen and forge new relationships with statutory and VCSE (Voluntary Community Social Enterprise organisations) partners and we will work increasingly with these partners in the development and delivery of services to families, children, and young people across Suffolk.
## **Structure, governance and management**
The charity is a company limited by guarantee, governed by memorandum and articles dated 2 July 2004 and updated by special resolution on 4 July 2017.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: S J Alcock (Appointed 29 April 2020 and resigned 3 April 2021) H L Clarkson -Fieldsend E V Dyball C Mugambi (Appointed 28 April 2021) R Moran (Resigned 21 April 2021) L J Phelan H Ratcliffe A Rickards (Appointed 29 July 2020) H J Taylor R M Thacker P J Wilson (Appointed 29 April 2020)
Trustee vacancies are advertised and potential candidates interviewed by the CEO and at least two Trustees. Trustees appoint the officers of the charity (Chair, Vice-Chair and Treasurer). The Trustees may co-opt any person duly qualified to be appointed as a Trustee and that person will hold office until the next Annual General Meeting (AGM). In accordance with the Articles of Association Trustees are then elected at the AGM. The Trustees meet at least four times a year in accordance with the Memorandum and Articles of Association of Home-Start in Suffolk. Day to day operations are delegated to the CEO and supporting staff in line with the policies, budget and operational plan approved by the Trustees.
The trustees review and set the remuneration for the senior management team annually taking into account performance and consideration of market data.
The trustees' report was approved by the Board of Trustees.
## **R M Thacker**
Trustee Dated: 4 August 2021
- 4 -
## **HOME-START IN SUFFOLK**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME-START IN SUFFOLK**
I report to the trustees on my examination of the financial statements of Home-Start in Suffolk (the charity) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Mrs H Rumsey FCA Ensors Accountants LLP Cardinal House 46 St Nicholas Street Ipswich Suffolk IP1 1TT
Dated: 9 August 2021
- 5 -
## **HOME-START IN SUFFOLK**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
68,431
-
Charitable activities
**4**
21,525
477,264
Other trading activities
**5**
17,066
-
Investments
**6**
452
-
**Total income**
107,474
477,264
**Expenditure on:**
Raising funds
**7**
1,912
-
Charitable activities
**8**
25,466
418,517
**Total resources**
**expended**
27,378
418,517
**Net incoming**
**resources before**
**transfers**
80,096
58,747
Gross transfers
between funds
(15,087)
15,087
**Net income for the year/**
**Net movement in funds**
65,009
73,834
Fund balances at 1
April 2020
317,137
165,085
**Fund balances at 31**
**March 2021**
382,146
238,919|**Total** Unrestricted
Restricted
funds
funds
**2021**
2020
2020
**£**
**£**
**£**
68,431
16,585
-
498,789
17,694
513,925
17,066
37,339
-
452
1,464
-
584,738
73,082
513,925
1,912
12,701
-
443,983
15,882
398,943
445,895
28,583
398,943
138,843
44,499
114,982
-
-
-
138,843
44,499
114,982
482,222
272,638
50,103
621,065
317,137
165,085|Total
2020
**£**
16,585
531,619
37,339
1,464|
|---|---|---|
|||587,007|
|||12,701|
|||414,825|
|||427,526|
|||159,481
-|
|||159,481
322,741|
|||482,222|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 6 -
## **HOME-START IN SUFFOLK**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2021**_
|**Notes**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Income funds**
Restricted funds
**16**
Unrestricted funds
Designated funds
**17**
General unrestricted funds|**2021**
**£**
2,459
639,691
642,150
(21,085)
256,951
125,195|**£**
621,065
238,919
382,146
621,065|**2020**
**£**
3,259
498,547
501,806
(19,584)
268,932
48,205|**£**
482,222|
|---|---|---|---|---|
|||||165,085
317,137|
|||||482,222|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021.
The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 4 August 2021
|R M Thacker|L Phelan|
|---|---|
|**Chair**|**Treasurer**|
## **Company Registration No. 05169779**
- 7 -
## **HOME-START IN SUFFOLK**
## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Notes**
**Cash flows from operating activities**
Cash generated from operations
**22**
**Investing activities**
Investment income received
**Net cash generated from investing**
**activities**
**Net cash used in financing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2021**
**£**
452|**£**
140,692
452
-
141,144
498,547
639,691|**2020**
**£**
1,464|**£**
161,570
1,464
-|
|---|---|---|---|---|
|||||163,034
335,513|
|||||498,547|
- 8 -
## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **Charity information**
Home-Start in Suffolk is a public benefit charity and is a private company limited by guarantee incorporated in England and Wales. The registered office is 8A The Square, Martlesham Heath, Ipswich, Suffolk, IP5 3SL.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "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)". The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future subject to the continued impact that the COVID 19 pandemic might have on the charity. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Designated funds are unrestricted funds earmarked by the trustees for a particular future project or commitment.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Income from donations or grants is recognised when there is evidence of entitlement to the monies, the receipt is probable and its amount can be measured reliably.
Legacy income is recognised when the receipt is probable and entitlement has been established.
Donated facilities and services are recognised when received, providing the value can be reliably measured. No amounts are included for the contribution of general volunteers.
Income from contracts for the supply of services is recognised when the service has been delivered. This income is classified within restricted funds as there is a requirement for these monies to be spent for a specific purpose and returned if unspent.
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## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered, and is classified under the cost to which it relates.
Expenditure on raising funds includes the costs of all fundraising activities, events and non-charitable trading activities.
Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity.
All costs are allocated to expenditure categories reflecting the use of the resource.
## **1.6 Cash and cash equivalents**
Cash and cash equivalents include cash in hand and deposits held at call with banks.
## **1.7 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 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 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 debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.8 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **(Continued)**
## **1.9 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **1.10 Leases**
Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.
## **2 Critical accounting estimates and judgements**
In the application of the charity’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 to be 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Donations and gifts|53,344|16,585|
|Government grant - CJRS|15,087|-|
||68,431|16,585|
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## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **4 Charitable activities**
|Family support services
Grants
Other
Analysis by fund
Unrestricted funds
Restricted funds|**2021**
**£**
213,266
285,328
195
498,789
21,525
477,264
498,789|**2020**
**£**
283,290
245,650
2,679|
|---|---|---|
|||531,619|
|||17,694
513,925|
|||531,619|
## **5 Other trading activities**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Fundraising events|17,066|9,529|
|Ball income|-|27,810|
|Other trading activities|17,066|37,339|
## **6 Investments**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Interest receivable|452|1,464|
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## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **7 Raising funds**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Fundraising costs|1,738|1,005|
|Ball costs|-|11,696|
|Other fundraising costs|174|-|
|Fundraising and publicity|1,912|12,701|
## **8 Charitable activities**
|Staff costs
Other direct activity costs
Share of support costs (see note 9)
Share of governance costs (see note 9)
**Analysis by fund**
Unrestricted funds
Restricted funds|**2021**
**£**
144,242
58,580
202,822
234,994
6,167
443,983
25,466
418,517
443,983|**2020**
**£**
144,304
44,224|
|---|---|---|
|||188,528
219,116
7,181|
|||414,825|
|||15,882
398,943|
|||414,825|
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## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **9 Support costs**
|Staff costs
Rent
Light and heat
Repairs and
maintenance
Insurance
Other establishment
Legal and professional
fees
Other office
Other
Accountancy
Rent
Other office
Other
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
194,336
-
10,863
-
467
-
10,818
-
2,600
-
748
-
10,711
-
4,276
-
175
-
-
1,770
-
445
-
2,190
-
1,762
234,994
6,167
234,994
6,167|**2021**
**£**
194,336
10,863
467
10,818
2,600
748
10,711
4,276
175
1,770
445
2,190
1,762
241,161
241,161|Support
costs
Governance
costs
£
£
175,257
-
13,584
-
876
-
2,752
-
1,813
-
736
-
9,851
-
14,247
-
-
-
-
1,716
-
445
-
2,190
-
2,830
219,116
7,181
219,116
7,181|2020
£
175,257
13,584
876
2,752
1,813
736
9,851
14,247
-
1,716
445
2,190
2,830|
|---|---|---|---|---|
|||||226,297|
|||||226,297|
Governance costs includes payments to the independent examiners of £1,770 (2020: £1,716) for examination fees.
## **10 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
During the year Nil (2020: 2) trustees have had general travel expenses reimbursed, totalling £Nil (2020: £244). It is estimated that Nil (2020: £690) expenses were waived by the trustees in the year.
## **11 Employees**
The average monthly number of employees during the year was:
|**2021**|**2020**|
|---|---|
|**Number**|**Number**|
|15|16|
- 14 -
## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **11 Employees**
## **(Continued)**
|**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2021**
**£**
302,138
18,172
18,268
338,578|**2020**
**£**
285,166
15,550
18,845|
|---|---|---|
|||319,561|
No employee received employee benefits of more than £60,000 during the year (2020: Nil).
|**12**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**13**
**Creditors: amounts falling due within one year**
**Notes**
Deferred income
**14**
Trade creditors
Other creditors
Accruals|**2021**
**£**
1,959
500
2,459
**2021**
**£**
1,824
3,440
1,419
14,402
21,085|**2020**
**£**
2,759
500|
|---|---|---|
|||3,259|
|||**2020**
**£**
12,514
3,380
1,660
2,030|
|||19,584|
- 15 -
## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **14 Deferred income**
|**2021**
**£**
Arising from deferred ball income
1,824
Reconciliation of deferred income movements:
**2021**
**£**
Balance brought forward
12,514
Released in the year
(11,775)
New funds receievd
1,085
1,824|**2020**
**£**
12,514
**2020**
**£**
4,899
(4,899)
12,514
12,514|
|---|---|
The deferred income relates to a fundraising event held since the year end, being the annual ball.
## **15 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £18,268 (2020: £18,845).
- 16 -
##
|**Restricted funds**|The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:|**Movement in funds**
**Movement in funds**|**Balance at**
**Incoming**
**Resources**
**Balance at**
**Incoming**
**Resources**
**Transfers**
**Balance at**|**1 April 2019**
**resources**
**expended**
**1 April 2020**
**resources**
**expended**
**31 March 2021**|**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**|Community Family Support
49,603
193,483
(150,430)
92,656
194,436
(71,959)
15,087
230,220|Empowering Families Project
-
157,264
(157,264)
-
164,303
(164,303)
-
-|You're in Control
500
38,875
(29,775)
9,600
30,275
(39,509)
-
366|Ipswich Borough Council
-
6,000
(6,000)
-
6,000
(6,000)
-
-|Babergh District Council
-
9,000
(9,000)
-
10,250
(10,250)
-
-|SCF - Family Support
-
2,000
(2,000)
-
-
-
-
-|SCF - Nurture Group
-
2,000
(2,000)
-
-
-
-
-|Families Matter
-
89,807
(31,634)
58,173
-
(58,173)
-
-|Community fund - other
-
15,496
(10,840)
4,656
7,750
(12,406)
-
-|East Suffolk Council
-
-
-
-
1,500
(1,500)
-
-|Mid Suffolk District Council
-
-
-
-
10,250
(10,250)
-
-|Loneliness fund
-
-
-
-
11,000
(11,000)
-
-|Cheshire Community Foundation Assura Healthcare
-
-
-
-
5,000
(5,000)
-
-|Hidden Needs
-
-
-
-
10,000
(1,667)
-
8,333|NHS CCG
-
-
-
-
26,500
(26,500)
-
-|50,103
513,925
(398,943)
165,085
477,264
(418,517)
15,087
238,919|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**16**||||||||||||||||||||||
##
##
## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **17 Designated funds**
|**Balance at**
**1 April 2019**
**£**
Contingency fund
206,000
Leasehold commitment fund
-
206,000|**Transfers**
**Balance at**
**1 April 2020**
**£**
**£**
19,000
225,000
43,932
43,932
62,932
268,932|**Transfers**
**Balance at**
**31 March 2021**
**£**
**£**
-
225,000
(11,981)
31,951
(11,981)
256,951|**Transfers**
**Balance at**
**31 March 2021**
**£**
**£**
-
225,000
(11,981)
31,951
(11,981)
256,951|
|---|---|---|---|
||||256,951|
## **Contingency reserve**
This reserve is held in order to cover closure costs should there be insufficient income to continue the charitable activities.
## **Leasehold commitment reserve**
This reserve is held in order to cover the costs of the property lease.
|**18**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**£**
**£**
Fund balances at 31
March 2021 are
represented by:
Current assets/
(liabilities)
397,233
223,832
397,233
223,832|**Total**
Unrestricted
funds
Restricted
funds
**2021**
2020
2020
**£**
£
£
621,065
317,137
165,085
621,065
317,137
165,085|Total
2020
£
482,222|
|---|---|---|
|||482,222|
## **19 Operating lease commitments**
|Within one year
Between two and five years|**2021**
**£**
11,982
19,969
31,951|**2020**
**£**
11,982
31,950|
|---|---|---|
|||43,932|
- 19 -
## **HOME-START IN SUFFOLK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **20 Related party transactions**
## **Remuneration of key management personnel**
|**Remuneration of key management personnel**|||
|---|---|---|
|The remuneration of key management personnel is as follows.||**2020**
**£**
47,262|
|Aggregate compensation
**Transactions with related parties**|**2021**
**£**
55,237||
||||
|During the year the charity received £3,371 (2020: £244) in donations from the Trustees.|||
## **21 Limited by guarantee**
In the event of the charity being dissolved each member is liable to contribute up to £1 towards the cost of dissolution.
## **22 Cash generated from operations**
|**22**
**Cash generated from operations**
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Movements in working capital:
Decrease/(increase) in debtors
Increase/(decrease) in creditors
(Decrease)/increase in deferred income
**Cash generated from operations**
23
**Analysis of changes in net funds**
The charity had no debt during the year.|**2021**
**£**
138,843
(452)
800
12,191
(10,690)
140,692|**2020**
**£**
159,481
(1,464)
(1,561)
(2,501)
7,615|
|---|---|---|
|||161,570|
||||
||||
- 20 -