Registered Charity Number 1105854 Registered Company Number 5146024 Home-stsrt (Tamworth) Report and Financial Ststements For the year to 31 March 2023
Registered Chanty Number 1105854 Registered Company Number 5146024 Hom8-Start (Tamworth) Report and Accounts Contants Pag• Company infomiation Tru8tee8' Report Independerrt Examiners Report Statement of Financial Activrties Balance Sheet Note8 to the accounts 10-13
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) Company Infomiation Dlrectors and Trustees Edna Schafer-Hughes Keith H Goldsworthy Susan A Constable Jennifer Hillerby Natasha Brotheridge Malcolm Arrowsmith Company Socretsry Kelth H Goldsworthy Independent Examlner Shacklefords Limited Chartered Accountants 6A Little Aston Lane Little Aston Sutton Coldfield B74 3UF Reglst•rod office 1 King Streat Tamworth Staffordshir8 B79 7DB Regl8t8red Charity numb•r 1105854 Company Reglstratlon numb•r 5146024
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) The Report of the Trustees for the year ended 31 March 2023 The Trust8es present their report and the financial statement8 for the year ended 31" March 2023. Th6 Trustees Gonfim that the financial statements comply with current statutory requirements, the requirements of the company's goveming document and the provisions of the Statement of Recommended Practice {SORP), applicable to charrties preparing their arKounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102 (effective 1 January 2019) Objectlves and Actlvltles of the Charity Pollcl•8 and Objectfv In setting objectives and planning for actnitlies, th8 Trustees have given due consideration to general guidance published by the Charty Commission relating to public benefrt and in pa'CUlar to it8 8upplemerrtary public benefrt guidance. Poll¢l•8 The charrty has adopted pollcies on equal opportunities, health and Safety, complaints and confidentiality, and a range of defined practices designed to guide the organisation towards best practice. Principal ActNrtI88 1 To safeguard, protect aThJ preserve the good heatth. both mental and physical, of children and parents of children 2 To prevent cruerty to or maitreatment of thildren 3 To relieve sickness, poverty and need amongst children and parents of children 4 To promote the education of the public in better standards of childcare within the area of Tamworth and its environs Achlovemants and Perforniance Another year of hard work by 811 to expand and consolidate the work of Home-start (Tamworth) up until 31" March 2023 and of course this will continue. We are now reaping the benefit of having our Home Support and Visiting Manager who has dTiven the expansion of our Services and at the beginning of 2023 we were able to seGure some funding which has allowed us to take on se88ional worker for the current groups and assist with that side of the administration. We ¢ontinue to work with other organisations whenever possible, as part of the incredible support system in the Tamworth area. Our collection and distribution of food and hygi8ne produds ontinue, with concentration of providing these to our families where possible, and thereafter giftj'ng any remaining to the relevant volunteer distn'bution Charities in the ti)wn. In addition, having a Home Support and Visiting Manager means we are now more engaged with Home-start UK and able to use contacts to obtain items for the families we directly support, as well as the wider communty e.g., pairs of brand-new shoes forthe children. We also gained lots of books via the Library from the Book Trust which we have been able to distribute, particularfy to some children who have never owned a book of their own teforel At present we support 54 families wrthin our Groups arKI 18 families with home visits.
Registered Charity Number 1105854 Registered Company Number 5146024 The regular groups continue with a Family Group on Monday Momings, Walk in the Park Group on Monday aftemoons, Twns and Multiples Group on Tuesday momings and a Family Group on Thursday mornings with lots of 8vents taking place such as a successful Christmas Party. winning a prize in a toddlers. gardening event, our Easter Egg Hunt and Birthday Celebration (31$1 March) and plans to Celebrate the forthcoming Coronation. We complete the year having 35 active volunteers with adive training for these on a regular basis. and of course actlve recruitment and training of volunteers planned. We yra ae to obtain allocated funding for diversty training with our volunteers covering FGM, Gr¢)oming, Asylum Seekers and Hate Crimes, exploring unconscious bias, and volunteers were encouraged to attend celebration event for Intemational Women's Day. During thi8 year ¥ have negotiated successfulty with Tamworth Borough Council to continue the lease to the premises at 1 King Street, Vth the decision made to move the Home-start Tamworth Office to those wemi888, this successfully taking place in December 2022. The Hom&Start Charity Shop continues to prosper, and after this having to move on from couple of retail premises in the town, this is also now operating from the premi88s in King Street. This means thal effectively all our combined services now run from that address as this inGlud6S the financial advice ntr8, wrth our finanual advisor providing a most useful leaflet wrth energy saving tips for our familte8 at thi8 time of need. We can therefore 8uccessfully run our Hom&Start Tamworth service8 from one suitable ba88. Flnanelal Revlew Financial support this year has come from Childn in Need ¥Mth addrtional support gratefully received from Home-start UK and Communrty Together as well as various other mixed donation8 and small grants. We have also been supported by the sales from our charity shop from th8 goods donated for that purpose. We have had a slight increase in Staff, ensuring this is covered by obtaining surtable funding. Thanks most certainly must be given to our management and staff for their considerable efforts and hard work during this year and Home-start Tamworth looks forward to expanding our 8ervice8 in a suitable way to the local communty in what is our 23rd year. R•8erv84 Pollcy The Trustees review the charity's need for reserves regulady, in line with guidance issued by the Charity Commission and Homtrstart. The trustees have adopted a reserve policy that defines the nature and extent of the cash balances required for the effective continuing operation of the organisation. They evaluate the organisation's financial position in relation to that policy on an annual basis. The trustee directors consider that the organisation's assets are sufficient and available to fund ts activitie8. Investmants and Rlsk Managem•nt Any surplus funds are held in interest beanng bank accounts. This interest is used in furtherance of the charity's objeQives. The Trustees also examine the major 3trategic. business and operats.onal risks which the charity might face and confiryn that systems have been established to minimise these risks. The total amount of funds held at 318t March 2023 was £87,973 of which £43.380 was designated as restricted. Fund Raising The chanty has been active in fundraising in the followng manner.
Registered Charity Number 1105854 Registered Company Number 5146024 1. The charity's approach to fundraising has been to apply to as many grant making bodies a8 possible 2. A professional fundraiser has not been used. 3. Fundraising is monitored by the Trustees and reported at Trustee meeting8. 4. No comp.laints have been received re9ardin 5. The public are approached for fundraising a fundraisin oaS1Ona events Organed by the charity. Structure, Governance and Management The charity 18 a charitable company limrted by guarantee and was incorporated on 4 June 2004.ln the event of the charitable Company being wound up, the liabilty of the members is limited to£1 Shar• Capltal The company Is limited by guarantee arKI therefore has no Share eApital Dlrectors and Trusta Thè director8 and tru8tee8 during the year are as sLqted on page 3. The diréctors are members of the company At the Annual General Meeting the directors retire but offer themselves for reryelection Stat•mont of Dlrector•' and Tnmtees, Responslbllltles Charity Law and the Companies Acts require the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at th8 end of the financial year and of the surplus or deficit of the d)anty. In preparing those financial statements the Board 18 required to :. 8elect surtable accounting policies and then apply them consistently make judgements and estimates that a reasonable and prudent. prepare the finanaal statements on the going ¢oncem basis unless It is inappropriat8 to presume that the Gharrty will continue in business. 8tate whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the finanGial statements observe the methods arKI PrinpIeS in the Charities SORP The tru8te88 are also responsible for maintaining proper accounting rerdS which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for th8 prevention and detection of fraud and other irregularitie8. The trustees are also responsible for the contents of the trustees, report, and the responsibility of the reporting accountants in relation to the trustees, report is limrted to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. E Schafer-H hes (M DiroGtor and Trustee Date I
Registered Chanty Number 1105854 Registered Company Number 5146024 Home-start ITamworth} INDEPENDENf EXAMINERE REPORT TO THE TRUSTEES OF HOME4TART {TAhToRTH) I report to the trustees on my examination of the aCCnts of Homtrkn (Tamworth} (kne compann for the year ended 31° March 2023 Re•pon$lbllhl•B •nd b•818 of th• r•port AS the Iruslees of the Conwany land also the ¢Jirector8 of the company for the purpose8 of ¢ompany lawl, you are respS1b1e for the IwafatiLN) of the accwnts in accordance with th& requiremonts of the Companie8 Act 2006 fth8 20(K Acf). Having satisfied myBdf Ihattr a¢count8 of the Company are rnquirgd to be audited forthi¥ year under Part 16 of the 2 Act and are eligible for independent examinab"on, I report in respect of my ¢xaminats"on of your ¢harity's accounts as esrried out undèr 5oclion 145 of the Charits'08 Act 2011 nhe 2011 Adl. In carying (xrt my eXnIna.on, I have foll¢Med the Dlrgctsons giv•n by the Charity Commi88ion (undef Secti 145(5Xb) ofthe 2011 Act. An inderendenl examination dL8 not involve gathering all the evidence that would h required In 8n audit and consequently does not Cover all Ihe matters that an #udilor considers in giving their opinion on th6 aGcoun18. The ann1ftY arKI conduct of an audit goo5 beyond the limited assurance that the independent txaminaiion can prowde. Consequently. l expres8 no opinion 88 to whether the oCCOUnts present a Irue and fair VIW and my rep)rt is limiled to those 8podfic matter$ 96t out in tr i1ndtt examin8r8 Statement Ind•p•nd•nt •x•mln•f• •tst•m•nt I have completed my examinatlon. l ¢ffirm that malerfal mattern have ¢omo lo my attontion In ¢cnnectlon ith the eX8n81K gmng mo rea8(ThtJa cau88 to bllove that In any material raspect accounting records not In re8P8Ct oflhg comF)8ny rewlr8d by 8oclon 388 of the 20C6 Act., or 2. the accounts do not aeeord th those records or 3. the accounts do not eom Y wth the xcounb"rwJ ryirnn¢nts of secllon 398 of the 20{ Act othèr than any requirements that the accounts give a Irue and fair viev< which 18 not 8 matter considered as part of an itNJependent examination or 4. the accounts have not been prepared in accordance the mettts)ds aNJ wnclploB of the Slatement of Recommended Practice.. AcctyJnts'rvJ and Reporting by Ch8riUe8 applicable lo Charlties preparlng their accourts in accordance th the Financial Reportkng Standards applic>le in the UK and Iand IFRS 102) I have no con8 and have come aeross no other mattern in connection ith the examinati lo which attention should be dr8+m in this report in der to enabl8 a wopar underntanding of the ¥Lcounts lo be roached rp¥L¥ ,I,tr' T D Shacklelord FCA Shacklefords Limited Chartered Accountsnts 6A Little Aston Lane Little Aston Sutton Coldfield B74 3UF Date
Reclty NuMF*r 1105854
5140024
Home4tsrt
Rcg"¢rryJChuityNurnt¢r 1105854 Rry'uCthnYNMt¢[ 5140024 Home4tsrt ITamworth I Balanc• Sheèt for the year •nd•d 31st M•r¢h 2023 2023 2022 Th0 4w•ts and Ilabllltlos of the ¢h•vlty . Currnnt au•ts Debtors Cash at bank aThJ in hand 10 1,316 ),350 1.582 Total Curr•nt A8•0ts 91.e6 68,172 Cr•dttorn:. Amount$ due wilhin on• year 2.752 Net Curr•rtAu•ts 87.973 65,420 Not 65,420 Thè fund• of th• ch•rlty: Unrn•trlct•d IoM• lund• unrej1rKt rev8 accJJmulated furyl$ Totsl unv••trlct•d fund• 44,593 39,090 R••trlct•d Incom• fvnd• Re8tr1cted revenuè aowmulaled fu 28,330 Total rn•trl¢tsd fund• 26,330 Totsl eh•rlty fund• 12 87.9 The direcws are s&tisfi¢d thttt the CoMY is entitled to excmpiion uNleT S¢ction 477 of the CLMnrAnieg A¢t 26 and th81 no rrKmber or m¢rnlm hv¢ rtqUC5trd an 4111 pursuant to %ditXh 476 orth¢ A¢L Tk directh a¢krM>wlèJ8e their reswnsibility for la) ensuring that the charitable &)m[Y ke¢p3 re£wdstr eunply witb ge¢118 386 And 387 of th¢ ComrAnies Act 2(X)6.' and (bl prepoNn8 financial stat¢mcnts which 8ive a true and fair view of the of affairs of th¢ ¢harithble eomp8ny 15 at the end of cach firwKial yw and of its surplus rdefi¢ii for¢h finan¢i8J year in dance with the requiyements ofseetiotis 394 ond 395 which herwise kx>mply wtth the requirements of the Comwii¢J A¢t 2(Kh r¢tolin8 to fina so faras 4ylKable w the ¢harit&blc compony. The accounts have been prepAT•J in *L¥)rdance with the Sp1 prnvisio in Paft 15 of the Cryw)i¢s Act 2006 opplicable to c4mpani ubi¢¢¢ to the Sm] COMnI re8im¢. K H Goldsworthy- D1clOT and Truslee ApFffovod by the Trustees on Th• nots• on pag•s 10 to 13 forni an Int•gral p•rt of the•• a¢¢ounts
Re$tardchrlty Nurnt¢r 1105854 lity"stty>Ipkny Numbtr 5146024 Homo-start (Tamworth) Note8 to the Accounts for th• yoar Ond 31 March 2023 Ac¢ountlng Policl•s Ba818 of prnparlng th• financlal statem•nts The financial statements of the charitable company have been prepared in accordance th the Accounbng and Rewrting by Charities.. Statement of Recommended Pts'¢e applicable to charib'es preparing their accounts in accordance the Financial Reporting Standard appluble in the UK and Republic of Ireland {FRS 1021 l effectNe 1st January 20151 (char.e5 SORP FRS 102), the Financial Rep)rbng Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies kt 201 Accountlng Conventlon The accounts have been prepared under the historical cost conventlon. Taxatlon As a regISted chanty, tho eompany is exempt from In¢Jyne and Cryratlon Tax to the extent that its income and gains are applicable to Charitable purposes onty. Value Added Tax is not recoverab by th8 company and rt is therofore ilUd in the relevant costs in the Statement of Financkgl Activrbes Fund• Stru¢tur• The charity maintains a general unr8stn.cted fvnd which represents fvnds whth are expendable at the discretvJn of the trust in furtherance of the objects of the charity. Such fvnds may be held to finance both ryking capital and catal investment Restricted fvnds have tren provKJed io the chartty for parbcAJlar purposes and rt is tho policy of the board of trustees to monrtor carefulty the application of ttvjse funds In accordance wlth the restri¢ti'ons placed upon them. Income Ac¢ountlng Polky Income is recognlsed *fien the ch8nty has enlrtknt to tho funds. any perfoman¢e condibons attached lo the rtems have been meLrt is probable that income will be received and the amounl can measured relbly. Credltors Accountlng Pollcy Creditors are recognised where the chanty has a present obluation resulting from a past event that wll probably result in the transfer of funds to a third pafty and the amount due to settle the obligation can be measured or estimabj reliakAy. Pen8lon8 Accountlng Pollcy Contributions to defined contribution plans are expensejj in the to vthrch they relate. 10
Re¢>j Ch0rityNumr 1105854 Rc8&#rdCOmpy Number 5146024 Horne4tart l Tamworthl Notes to the Accounts For the •r ended 3151 March 20231 contlnued I 2 Windin2 or dissolutlon of the tb•rlty If un windinR up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabiliti. the a&8ets repTe5ented by the accumulated fund shall be transferred to sorn¢ other eharitsbl¢ body or EKKlics havin% similar obje¢ts to the charity. 3 Surplu•l Dofflctt• for th• flnancl•l year 2023 2022 Thls 1$ aft•r charylng Pension ¢0$18 Reporting A£countant8 lee8 31 720 1.959 720 Funds belonRinR to the charity have been used for the purch&Y of insurance to protect the charity from loss ari5inR from the neRlect or defaults of its tntstees, employees or aRents, or to indemnify its Irustees. employvs or aRents, winst the consequences of any n¢%le¢t or default on their part. 4 Tru8t•es Expon No expenses Yre pald to tru8t•e8 ar connected pernon5 except rfrlmbursemenl of exceptlonal travolling expenses. In¥o•lm•nt Incom• 2023 2022 Bank deposll interest roceived 229 229 8 In¢om• An4ty• 2023 2023 2023 unre8tr1¢t Re#trlthd Totsl 2022 Total Community Togott Local Giwng HomeThSlart IUK) Children In Ne¢d Tamworth CAN Hom&Start (T8mwoth>. Shop Westem Power Friends of Homeknstart (r•nwoth) Amold Clark Horticulteral Soclety Waitr08e Other dc¥wti¢)n8 RaYAett Trust SCC Communty Furnl T8mworth BC Tamworth Rotary CJRS Grant Bank Interest 4.200 4,200 4,450 4,400 2.420 33,940 12.000 10.835 7,831 747 59,8 9.878 59,896 9.878 9,843 9.843 1.000 400 1.000 1,100 406 165 400 1,000 1.100 1,897 185 500 229 4.105 229 93.879 69.774 75,075 11
Res¢re ctyNUM1 1105854 Re8thcd C4yowiyNumber SI24 lome44rt { Tamworth} Notas to the Accounts For tho yr ended 318t March 20231 contlnu•d ) 7 Direct Charitabl• Expgndltur• 2023 2023 2023 2022 unr•StrfCt Re•trlct•d Total Total staff Costs 14.3C6 50.143 64.449 53,795 Family expens88 Staff & volunteer 8xpen888 Office Co818 519 519 543 1,562 500 1,426 1,920 2,420 5,605 81,369 8 Gov•manc• 2023 2023 2023 2022 Unr••trlct•d R••trlct•d Tot•1 Total Staff & Offi¢6 costs 1,856 720 1,300 Reporting accountants 720 720 9 8taff Costs and Emolum•nts 2023 2022 Gro88 s81ae$ 84,418 51.836 Employers Nat)nal Insurance Pension contributions 31 1,959 64.449 53,795 CJRS Grent (649) 53,146 There Vft no fees or other remuneration paid to the trustees (2022 nil I There were no employee¥ wrth emoluments in excess of£60,OfyJ per annum (2022 none} NLsmber of Full Time Employees enwloyed during the year Number of Part Time Empbyees during the year 12
Re81#¢dekn8rity 1105834 Iiwkndcompkny Numbtr 51461)24 Homothrt l Tamworth) Not•s to the Ac¢ount8 For the y•ar ended 31st March 20231 contlnued 2023 2022 10 Dobtorn Other debtor8 1,316 1.316 1.582 1,582 11 Crgdltorn . amounts falllng du• undor on• yoar 2023 2022 Accrued expense8 PAYE & NI 720 720 Scottish Wklows Pensions NEST Pensions 1.810 255 874 253 3.693 2,752 12 Fund Analysls Fund• at Incom• Exp•nd•d 2022 Includlng Intsr•8t Funds at 2023 Unr88trieted fund Children In Need Tamworth CAN 39.0 24.319 24,105 59.898 9.878 18,802 40,835 9.878 2.011 44,593 43,380 Western Power 2,011 87,973 13 Sharn Capltal Th8 chanty is Incc*porated under the compan ALt 1985 and is limited by guarantee, each member having undertaken to cfjntrlbute such amounts not exceeding one pound as may be required in the event of the company being V•DuThd up whilst he or she is still a member or thin one year thereafter 13