CIO Charity Numbgr 1105831 HOME-START DAVENTRY AND SOUTH NORTHANTS (A Charity Incorporated Oryanl¥ation) FINANCIAL STATEMENTS AND TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31•t MARCH 2024
HOME4TART DAVENTrY AND SOUTH NORTHANTS (A Charlty Incorporated Organisation)) FINANCIAL STATEMENTS YEAR ENDED 31" MARCH 2024 CONTENTS Page Legal and Administrative Information Trustees Report 24 TrustseslDlrectors responsibility Independent Examlners Report Statoment of Financial Activities Balance Sheet Notes to the Flnancial Statements 8-13
HOME-START DAVENTrY AND SOUTH NORTHANTS FINANCIAL STATEMEKrs YEAR ENDED 31*t MARCH 2024 LEGAL AND ADMINISTRATIVE INFORMATION Patrons: Lord Boswell of Aynho Johnny Wake Tntstses: C Billingham MBE {R•8wJned November 2023) R Curzon D Jones J S Morgan (Resigned November 2023) R Wingerath C Neale M Taylor Lord 808well of Aynho T Boswell L Mackay P Jacob (ApwTrted June 2Q23) Regist•r•d Offiu: P O Box T9, Towcestar, Northants NN12 9BZ 8ankern: National Westminster 9 North Street, Rugby Warks. CV212AB Breoda Peers-Ross, FMAAT ACIE 29 Drift Rd., Selsey, Wvbt Su53ex P020 OPW
HOME4TART DAVENTRY AND SOUTH NORTHANTS REPORT OF THETrUSTEES FOR THEYEAR ENDED 31"MARCH 2024 Page 2 D4RCtors and TTrths On the 30th Jun8 2024 the Company status of Home-start Daventy and South Northants ceased to exaSte Chaiity was convertpd to 8 Clwilable Inconted organisati {'ClO') from that of a ¢¢)mpany Limited by Gu8rantee. The Trustees for the PUTposes of the CIO and Charity Law, throughout IhFs report are L>)HKts'¥ety ferr to a5 Trust& Trus are drawn from the IDcal commtsnty, bringing their indidUs1 knowledge, exp8rien¢e, and skills to the Charty. They are appointed to the Board after beitwj considered and then proposed and 94e¢onded at a previous Board meeting. All Tn undwtak9 thp induction Process in aGGoT with the HDm&Start nalional policy and procedure. onOing training is accessed extemally through Home-start UK, as well as internally. The Trustees havp pleasuR in presenting thelr r8PDrt and th8 audiled financial statements of the MpanY for the year ended 31st March 2024. Publlc Baneflt The Charty is a local voluntary organisation that offers support help to young families living in Oaventy and South Northamptonshire. A]1 families supported by the scheme are experiencing difficuEt or stressful situations and have at least one child under five years old. The public is therefore able to benefrt from this bespoke service, delivered to peopl? in th&ir Cmin homes. Objects and Achievem8nts The objects of the Charity ar8: 1. To safeguard. protect and pr8serv8 the good health both mental and physi¢al of chiklren and the parents of children. 2. To prevent cruelty to or maEtreatment of children. 3. To relieve sickness, wvety and need amongst children and parents of ChIldn. 4. To promote the education of the public in better StarardS of childcare within the concIl District of West Northarnptonshire and its environs. Achievements and PerfomMn¢e As is HomELStart's practice, staff and volunteers continued to work closely WTth families to enable them to achieve the go8ls they identified at the beginning of their relationship, visiting larnilies frequently in Iheir own hornes. Our coordin*Jrs and yolunleers continue to support families also by way ol phone, FaceTimo and Zoom calls as well as WhatsApp messaging. Wth the aid of funding frorn Trycer Town Council, Children in Need & Sports England. we have been able to run projects during the finanGial year in Towcester & Daventry providing early years ser¥ices to chiklren & young people experiencing family related challenges.
HOME4TART DAVENTRY AND SOUTH NORTHANTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31•t MARCH 2024 Pqge 3 Financlal R6view The principal sources of funding in Ihe financial yeai are set out in detsil in note 1 to the financxal Ststements and total £59.718. substantialty kns than the prEViOUS yeavs figure of £140,610. This was largely duè to the final payment from the Big Lottery of £45,000 being received in the syreti¥oti¥ , plus éuring that year b•p I)ted from grant mGntes from Chiklren in Need (£9,918) and Sports Efigland {£9,656). The projects undertaken with the grants from Children in Need and Sports England continued into this financial year We are constantty moniloring eur expenditure agalnst an approved budgd ensuring they remain on track. During the year our total expenditure was £98.363, as detaRed in notes 2 & 4 in th8 financial statement. Our overall results fDr Ihe year show a defirAt of £27,388, leaving the Charity with overall fund balanGes at 3131 March 2024 of £90,064. This deficit was partialty due to the funds reIVed trom Chihdren in Need and Sports England being received during the previous financial year, but wenditur8 Ih05e projects conllnuinB duTin9 thiE finan1 yoa¥. Neyw11ft5S, the defi'crt on our core activili88 (auring this financial year exceeded £22k. The financi81 stateMts attached aTe prepared annualty by tho Traasur8r and are independenuy examined ty Brenda Peer>Ross, FMAAT ACIE. Rlsk The Company has èmployor and public Itabilty in$uran¢e to mitigate any potential r15k and dc not believe it has any other risk than those Identifjed in the Annual report. R08ervo Pollcy The Trustees, aim is to maintsin sufficient reserves where pos$l>le lo ensure Home-start Dgventry and South Northants can Iwerata lor a leasl slx months in the evenl ot a lunding crisis plug to meat routine commitments.
HOME4TART DAVENTRY AND SOUTH NORTHANTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31•t MARCH 2024 Page 4 Trustee3' Responslbllty in relation to tho financial statements The Charity trustees are Fesponsible for preparing a trustees, annual report and financial statem¢nts in accordan with applicable law and United Kingdom Accounting Standards {United lfjrwdom Generally Accepted Accounting Policies). The law aable to charities in England and Wales requlres the charty tru6te8s to prppare financtal siements for each year whith grve a tnje and fair view Df thE stale of affairs of the ch8rity and of the incomiftg resourees and applicable resourcgs of the charity for the period, In PTeparin9 thefmafiThd slalmnts, tTus6fr5 aTE ¥t[wif tr>.. Sgw 8uitabl8 accounting policies and then appty ¢onslstently", ObseNe Ihe mthds and winGiplas in the applicabl8 Chanti8s SORP. Make judgements and estimates that are rnasonabl8 and prudent; State whether applicablo accounting standards have been followed. subiect to any material departure* that must be disclosed and explained in the ffftancial statements; Prepare the Ilnanc5al statements on the going concem basÈs unless it is inappropriate to presum8 that the tharity wlll continue In business. The trustees Are responsible for ke8plng proper accounting recortls and disclosing with rea8onable accuracy at any t.rne the financial position of charity and to enable them to ensure that the financial statements comply with ts Charities Act 2011 and Ihe applicable Charites (AOunt5 and Reports) Regulations. They are also responsible for safeguarding the assets of the chily and takty8 198sopabb steps for the preyenlion and detection of fraud and other irwulaFiti8S. The trustees ¢onfim that to the best of their knt)wledge therè is no inlormation relev8nt to the Independent Examination of whlch the Examiner is unaw8re. The trustees also confim) that they have taken all necessary steps to ensure that they themselves are awa of all relevant This be the Trustees on 2 September 2024 and signed on their ACIB, Trustee & Trea6ur8r
Brenda PeeY3•Ros¥ 29 Drfft Road S815oy ChlGlwster West Sussex P020 OPW Independ•nt Examiner's Report to th8 Tnfytè•g Ot. HOME-START DAvlTRy AND SOUTH NORTHANTS Regi8twed Charitable Incorporatsd Organisation (CIO) Nurnr: 1105831 Page S I report on the accounts of the ¢panY for Ihe yBar 318[ Marth 2024, whth are SBt out on the attached Ststement of Financial Adiviliès aftd Bahnce Sheet on pages 6 to 13. RpectIve rmpon81biliti of trustom and •xamin4r The Juste8s are responsible for the prwafation of accunts. Th6 t810@9 c4msider that audit Is not qUIred for thts year under section 144 of t Ch8rltt88 Act 2011 (Ihe Act) and that an independent examination is needed. Having satsf&¥ that the ch8Rty fA sbied lo an &tA&t d7wity kn and ' eli9ibl2 fr)T }ndendent examination, il is my responsibilrty to". exqmine the arthunts under geelion 145<1) of the Act.. follow Ihe procasurgs kld down in the general DirtionS Ilvon by Charity Commission (under seclir)n 145(51(b) of the Act, as amended., and 8a818 of Ind•pendent exarnSng¢8 8tatom8nt My examlnatlon YS carried in aCcOrd8n wilh gan8ral Diredions gfven by the Charity Commission. An 8Xdmfftabon includpB a TVViV* D11he accounting TeCOTd3 kepi ty the tharity and a comparklon of the attounts presented wsth thoge record8. 11 also incltxles consbseration Df any unusual items or dtsolostsrè8 of the accounts and seeking explanations fThi you as trustees ¢mIr any such rnatts. The procedures undertaken do provth all the eviden that would be required in an a1[ and ¢onsequenUy no opinion 16 given as lo whatheT the accounts present a Inje and fair VW and the report is limited to Ihose matters $81 out in the Statnt teknv. Indepen(lent Exemln•rfs Slatsment In connoction with my ex8rnination, no mattar has (x>me to my attention: requirements: to keep ac¢4)unb'ng records tn acc4rd8nce vllh the Chariti88 Act 2011. and to prepare aCCtyJnts which accord with the accounting re[d$. ccmpfy whh the accounting requiranents of tho Charitios Act 2011 and with the methods and PTinciple5 of the Statement of RecornrnerKled Practi. Accounling and Rewt.in9 by Cl30ths. have not been met or ID which, in my opinion. attention should be drawn In order to anable a woper Bienda pee[s.R FMMT, ACJE Sth Septerntjpr 2024
HOME4TART DAVEKfRY AND SOUTTrI NORTHANTS (CIO RegisteredNumber. 1105831) Page e FOR THE YEAR ENDED 31¥t MARCH 2024 2024 2023 DonatlS and lewes Charttable ai*vilies InvestnntS 3,631 64,574 140,610 539 3.111 64.574 147 891 59,718 1,932 6.627 70,975 59,718 1.932 8.627 70,975 78,rJ36 3,111 83.317 Totsl Inconm aml •Thdowmonts Raising bjnds cosb Charitabte Adiviti Govemance Total Eyndlture Net incoming fe40urces before transfer between furh Transfer betsveen funds 90.980 3.399 94.379 {23.404) (3.984) (27,388) 8n 873) 94.964 3.399 75.211 1.745 76.956 6,361 16,429 53,761 128,972 2,216 3,961 55,977 132,533 8,597 14,g58 mov•m•nt (22.631) (4,857) 127.388) 22,7 (7.832) 14,957 Tolal funds brought fowrard To&il funds carri4dfarwacd 100,326 77 17,126 69 117,452 9QO64 77,536 100,326 24 958 102,495 17.126 117.452 AU Income and expenth7urv thve th Gonbnuing aGtivlUes. ihcludes afy galn8 and1088e8 fgwi8edduring IheyJ8r.
HOME4TART DAVENTrY AND SOUTH NORTHANTS {CIO Regisler8dNumber 1105831) Page 7 BALANCE SHEET AS AT 31st hlARCH 2024 Unr4slA¢tad R•AITletod Total unresti¥¢t Rostrktsd Tolal 2W24 2023 ASSET&" Fixed Assets Current A•get8 Debtor5 Cash at 8ai)k 670 79,420 80.090 670 91,689 91359 335 101.582 101,917 198 1876 118,658 17,174 119,091 12,269 12,269 Crodltor• Amounts f811ry wlthin one year .295 (2.2951 1.8g9 (1,899) (48) 1,947) (48) (1.947) (2,295) N•t Currant Ass•ts 77,FJJ 12.289 9D,I 17 126 117,144 NET ASSEf8 7,795 12,269 90,064 ic 117,452 FUNI)S 2024 2023 Unrestricted and D¢wnated 77,795 77,795 12,269 100,328 100,326 17,126 17,126 ,12e 117,452 12,269 12.269 100.326 For the year eftdlng 31st Marth 2024. CIO was ¢ntstW trj exwnpti1 from audii undwth• Charths kt 2011. (i) the members have nol quIred the CIO ts obtain an auttlt of Its acc4)unts forthe year in que8tion in a¢cordance w'th section 476. (ii) It trust¢es ad(n• their respon8 Cor £Thipln with the requirements of the ALI Ythh accounllng rncords and the preparation of accounts. (iii) theBo aoxJualsha¥e tse preporod IN v4iththe pro¥14ifyfts appts¢abl8 to companEs Subject to the small companf8s' regim& The acc4yrt have been prepared in 8ccordan¢o th• special provisions Telatk4 to small ChaIrt withh Itie Ch8ThThe8 Act 2Uf1.. ting of Tru on 2nd September 2024. ar¥J slgnl on their bEhalf Bob Wingera Tfustee Thanotss on paqe 8 to page 13 fomi partof the86 fKial statements.
HOME4TART DAVENTRY AND SOUTH NORTKANT8 (ao Register Number. 1105&31) FOR THE YEAR ENDED 31$t fdarch 2024 The fiftancial statements of Ihcharity Incorporated OegaTri5ation. Mthich is a public benefit entity under FRS102, have bean prepared under the historical ¢¥Jsl ctrnventffion and In accordance WIUI ts Charites Act and the Statement of Re¢ommende Praclce SORP (FRS102) Bsued on 1st October 2019, applbrADle UK Accouming StsrKk3rds the Ch3rities Act 2011. Thè pr¥icip81 accA)unling polictes of the charity are Bet out below. trustees taken advantageof Ihe exemption in Financial Repofting Sl8ndard No 1 (rthi3ed 1996) from induding a cash ow statement In the ffinancaal Statem on Ihe grounds that Ihe CIO 16 8mall. The charty PfesentÈd an In¢ome and eYpendItu account In Iho fonn of a Statement ol Financlal Actllltles and BalarKe Sheet. FlxedAgs•tg Fsxed Assels inltlalty recorded at cosL D•prKlatlon Dèpreoation is ¢abxdated Jo s lo rite off the cost ol 8n a¥sel18ss ts esllmakd value. over the useful life of Ihe asset as folknws: Equipment 30% on c05t Incomlng Rosoureag Income is brought into ac¢ount on 8 receivable b35F8. knve6tm•nt Incom• Inlerest brought into account on * reLYivqbb basis. Glfts In Ki1 and Donat•d Sorvlc8• and Facllltl•• Grfts ift kEnd. oonated facihtie8 andvofuniary help. are not inctutsttln finana"atStatsrnents since tt Is notconsKer8d prnctical to quantify such income. Rexwrus EXnd¢d Fpendre is std indusive of value added taK and brought Inlo atxount In year in It 1$ due and altha befven restricted and urtriCIed funds. UnrMtrfct•d and Dnat•d Fund• OeBbJnaled fimds- these are fvnds set aside by ts tNstees out of unrestricte(l ftjnds for spethc future purpos&J or proiecls. Unrestri(I8d funds Yknich can bo used in 4ccordance wlth Ihe charfl8ble ¢)bjects at the disuetn ol the trustses. Rostrlctod Funth Restricied fvrxls can onty be used for thE purpose5 spec11d by Ihe wankn)r8 or when the fund8 raiged for a spetsfi¢ wrpJ8e. The cuffent reserve pdicy i¥ to rnakntain sufficient cash for known commlbiienls. Rlsk The B03rd ot Trustees do rtt)t believe the organlsakn is subject to any substantial risk beyond those disd05 In the Annual Report and Account
HOME4TART IX4VEt4TRY A14D SOUTH t40RTHAMTS (CIO ReglsteredNumbgr 1105831) 1 Chaiitablg Athlties Funth Funds Total Funds Funds T¢)lal Grnnts NCF: Rachael's Fund NCC Buedy-up Scheme The Townsend Charity Team Leadsom Ltd Tesco Groundwo Lottw- JDint Bid The Grrter5 Charfty BBC Chiklren In Ne41 Wast Northants Council H¢Jme Cadent Fr181k Heart of Ef¥hnd Constrn TraS 870 3,717 9.870 3,717 1,000 45,000 45.000 9,918 9,918 7,498 18,793 4,375 18.793 4,375 4.891 4,891 2.gCKI 2.wo 3.000 3,IXIO Sctt Bador TowGester TLivm Council HSUK- BHBF wave 2 HSUK- Pears Sport9 Engiarml John Wak• Other Gr81ts 8,8S4 1,9t)J 1,562 8.854 1,562 8.656 15,OlXI 4,9Tr) 64.574 140,810 15,000 15,000 15.000 4.900 2 Charltablo Athld•s Dlr•ct Charltsble Coats UnrnslJlctod Restrlcted 2D24 Unr85tri<led fto$knc18d W23 Fun Funds Total Funds Funds Totsl 7B.2SS 79.760 64.544 20,478 85.022 Payroll adrninistralion Stsff expenses Staff and volunteers tralnlng Volunieers exper6es Publcty and Maeting Horneart UK annual fte Insuranc• Supportcosts. rnntetr General expen8e5 and rnakntenance Media Pmject T¢lephones. (frterffletsnd rr statlcjnery, p1cOpy1n and pjstsge Depreclation ot offre equlpm¢nt 3,107 3.578 5,196 82 1,992 2.044 1.382 1,3B2 2,255 1255 2.793 22.5W 22,500 402 2,e29 2,052 10 2.062 1227 31JlS 1,597 308 90,980 3,984 aJJ35 1,597 1.149 1,754 1093 3342 2,782 94.964 75.21 128,972
HOME-START DAVENTRY AND SOUTH NORTHANTS {CIO R¢gteredNUrnber 1105831) Page 10 Unrestrtcted Restricted Funds Fund$ UnFestrJcted Restricted 2023 Funds Funds Total 3 TnJstee Employees Wagey, Salaries, and Employer NIC Pension Contitbutions 71,479 4.776 76,255 3,505 74,984 4, 776 79,760 61.789 19.620 81,409 3,813 85,022 3.505 64,544 20,478 ND employoe eaFrd in of £eo,000 during thè year. The aTrge numtr offtlt equiyalenl employ8e5 during kne 9mploy 5 (2023.5). During the year the trust8es rec8Ned Enil reMunelI0n (2023.'£nil}. The total expendlture reimbursed to the trustees affUnted to £114.62 <2023',£82.35) Fund9 Fund9 Total Funds Funds Total Prt>fesvinal fees. bcokkeeplng, pwoll 2,512 115 772 4399 2.512 115 772 3,399 433 a216 2,649 82 1,230 2,981 Indepdent Examination 1.230 1,745 Tanglbl• Flxed Asselx unftrICted R•stricled 2024 Fund¥ Funds Total Unrestricted Restricted 2023 Funds Funds Totsl Cost Qr revaluation At 1 April 2023 Add addition5 in year 11,OTI 1.690 12.767 11,OTI 12.767 11,OTI 1.69D 12,7B7 11. 1,890 12,787 Less: disposals duriThJ the year At 31 Marth 1890 t2,787 Depreraaknon At1 April 2023 CIw9pln >EaT 10.769 12,459 10,402 1,690 12,092 367 11,1177 1,690 12,767 10,769 1,69Q Net book value Al 31 March 2024 At 31 Merch 2023 308 6 Oghtorn Unr05tricted Restricted 2024 UnrestriL*ed Restri¢Xed 2023 Fund• Fund¥ Funds Funds Tetal Sundry Debtors Pre-Paid Debtu¥ 670 670 670 670 335 335 198 198 533 533
HOME4TART DAVENTRY AND SOITfH NORTHANTS (CIO RegNrnber 1105831) Page 11 Unr•strl¢tèd RE5trkt 2024 Unrestrjcled ReStrtl 2023 Funds Funds Total Funds Fund$ Total Amounts falling due in one wr. Deferred income Blg Lottèry Joint B Sundry It,8451 (850) 11.645) (6?0) 11,0491 (850) (4B) (1.097) (850) So(ial sritY, t¢nsM and other taxes 2,295 229 1,899 48 1.947 8 Unrnsirktsd and D••lgrwt•d Fun¢ 2024 . Openlng Transfer Closing Balance Movemont Alovpmont b•tWgqn Balan Out fwmls 31.0324 Unrestrthd general fund Designated- Heart of England Rugby ProiECt Designat8d - NCF Ra¢hoef$ Fund 86,781 3,875 .B7D 26 70.976 [84,791) (9.588) 4,830 77.795 5,913 19,87D 873 100 77,795 2023 Opening Trdnsf8r C108ing Balance MovemeTrt Mcvement bebleen galance 01 n422 In lunds 31.03.23 Unre8trided gen¢ral ftmd OetAgnate(l - Heart of Engla1 RbY Project Designated- IKC 8uddy-up Scfveme De8ipna*d . Racheafo Fund 71899 1918 1.gyg 59.885 (86,80S) 20,803 (8.72n (3fy)} (t.61 (4.ot41 86.781 3.675 3. Tf8 9,870 A17 9,870 100,326 7TA36 6,968 16 9 Rgstrictod Fund• 2024 Translw Openlnq Movwngnt Movemont between Balancg 8gl•n¢o In Out fuftd• 2024 BBC - Chlldren kn Negd swrt England Blg Lottery- Joint Bid 2,903 12,330) <1,654) 1573) (300) 7,471 17,126 7,471 12.269 72
m%EsfART DAVEPITRY AND SOUTH NORTHANTS (CIO Registerad Number 1105831) pa 12 2023 Trarth. Opentng pa(yRment Movement between Balan0 Balancè In fvnds 2tr23 Con102d TrnJnJi Jg Gra BBC - Chrell In Need Sm England Big Lottery- Joint Bid Blg Lollery-menlal Hea¥th Prclect Blg Lottery- Weedon & Dn$h?[•r 132 (132} {6,OS2} (933) (1,B(6) (1,098) (46,B50} (2,984) 14,? 8,434 16,4291 9,918 9,658 45.000 2.3 6.752 7,471 12,405 7.573 24,958 1,139 55,977 17,126 Blg Lottery- A grant provMd2d ty way of jolnt tAd submtdpo with HS Northampton to pJDyide fundin9 LNet 2 y8aFS (202012021) ilti an optim tr) ¥xtsnd lor a thifd year. Ttii5 PfT)vides £45.000 yeaily to be splk kngthyeen us And HS Northapton 50150 and Thts lh8 tlir8c* charilable costs of the Dperalion. Lottory. a grart towatds MeDlal Health Proieci Big Lottery- Weedon & Deanshanger grant to establish and run Way & groups arba felated famlty SUPPOrt In th8 desl9nated town up to a ts¥dv8 rnonth wriod. Th1$ way subsequentty amended by the Big Lottery to provide such a s•Niee anywh6re in our area ofwon¢. Children in Ivd- grant provvjol for ealy years serS to oltldren aid people esTHknGlng fafflty related challeroe8 in Daventy. 10 uitlmats Controlllnq Party The company is under th¢ utllmate Coirtrol of Its dlreGiorn. and rwnes are 8hLVffiI St the front of the financial stat8ments.
Icio 1105831 slatsmt of Flnanclal Athill•• Year Ended 31t March 2024 Restrf¢tod lJnre•bl¢iod D861Bnat•d D•Blgnatsl BBC 3port• Blg Lott Total RKhwfs Rugby Childrth England Jolrf 2024 Fund Pft4•ttt IR Ne¢ts Incomln9 vAtricted Other Grsnts Big LotteryJ3ntBthl CXh•r Sftwre 69.718 59,718 6,827 70.975 88.173 2,571 1.497 8,143 79.891 Sigff oxponsos 70 119 1,497 Slaff and VdurrtBwstsInP 2255 2255 SuFPOrt r3s, la Proj1 13•nor¥ a¥rSe5 anES maintenanc Utiyilies, e* pr0f808knft feos 1217 2,101 3.284 1,537 3.284 1.597 3,045 Ir 7$ 10 791 9m 2.330 OpMlrYJ 8akn(x 1.04.2tr23 T9181 lur CPJwry 8kn31.ts32024 e6.781 4,830 3.876 2,9CQ 573 762 7.471 117,452 9,B7 471