Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) Report and Financial Statements For the year to 31 March 2024
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start {Tamworth) Report and Accounts Contents Page Company information Trustees, Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the accounts 10-13
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) Company Information Directors and Trustees The following persons served as Directors and Trustees during the year Edna Schafer-Hughes Keith H Goldsworthy Susan A Constable Jennifer Hillerby Natasha Brotheridge Malcolm Arrowsmith Isabel Jackie Rutter (appointed 2211212023) Company Secretary Keith H Goldsworthy Independent Examiner Shacklefords Limited Chartered Accountants 6A Little Aston Lane Little Aston Sutton Coldfield B74 3UF Reglstered offlce 1 King Street Tamworth Staffordshire B79 7DB Registered Charlty number 1105854 Company Registratlon number 5146024
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start {Tamworth) The Report of the Trustees for the year ended 31 March 2024 The Trustees present their report and the financial statements for the year ended 31st March 2024. The Trustees confirm that the financial statements comply with current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102 (effective 1 January 2019> Objectives and Activlties of the Charity Policies and Objectives In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit and in particular to its supplementary public benefit guidance. Pollcies The charity has adopted policies on equal opportunities, health and safety, complaints and confidentiality, and a range of defined practices designed to guide the organisation towards best practice. Principal Activities 1 To safeguard, protect and preserve the good health, both mental and physical, of children and parents of children 2 To prevent cruelty to or maltreatment of children 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 Achlevements and Performance Home-start Tamworth has been very busy again during the year up to 318t March 2024, with our Home Support and Visiting Manager continuing to drive the expansion of our services, with the invaluable assistance of our sessional worker beavering away with the current groups. Inevitably, we have to accept some failures along with the successes. Unfortunately our attempt to pursue an International Women's Group proved unsuccessful very much due to circUmstanS beyond our control and due to adverse outside influences in Tamworth area at this time which caused much disappointment. However, with the assistance of our Sessional Worker, our Groups have gone from strength to strength, particularly the Twins and Multiples Group where we tried to run two separate sessions for a period when we were so heavily subscribed. We continue 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 hygiene products continues, with provision to our families as much as possible, and any surplus then being shared with the distribution charities in the town.
Registered Charity Number 1105854 Registered Company Number 5146024 The Families had a great time in the Castle Grounds celebrating the Coronation in May 2023, the children {and parents) enjoying a visit from the King (cut out complete with crown!) for photo opportunities and there was a full programme of events during the August School Holiday period for families to enjoy at little or no cost. A particular highlight was a trip to the local Statfold Country Park with the owner offering a special afternoon for our families to enjoy the Magical Family Express event at the end of November at a special discounted rate. Finally, during March 2024 we have been able to organize an Easter Egg Hunt for our children with eggs for all of the children (donated by one of our local supporters) During November 2023 we were delighted to receive the exciting news that in the King's Birthday Honours, Home-start Tamworth was to be one of the recipients of the first ever King's Awards for Voluntary Service. As the financial year comes to an end, work is well underway for the formal presentation to take pla at Tamworth Castle on 14th April 2024, planned to honour the volunteers past and present without whom Home-start Tamworth simply would not exist. As we approach the end of our 23rd year, we support 51 families within our Groups and 17 families with home visits. We have 42 active volunteers with active training for these on a regular basis, and of course active recruitment and training of volunteers continues. Unfortunately, we are seeing an increased number of complex family issues relating to debt and financial management which require a greater amount of time not only for family support but also the necessary volunteer 8UPPOrt. The Home-start Charity Shop continues to operate from the front of our premises in King Street with our financial advisor continuing to work from one of the offices, the others providing a base for Home-start Tamworth. Efforts have been and continue underNay to ensure the successful transfer of all services and records to that office. Financlal Revlew During this year our main funds have come from Tamworth Borough Council, Kingsbury Playgroup and National Grid together with other mixed donations and small grants. We continue to be 8UPPOrted by the sales from our charity shop utilising the goods donated for that purpose. We have been able to continue with our existing members of staff, having secured the relevant funding for those positions. Thanks must certainly be given to our management and staff for their considerable efforts and hard work in sustaining our quality service during this year and Home-start Tamworth looks forward to receipt of the King's Award and celebrating with our volunteers during our 241h year. Reserves Policy The Trustees review the charity's need for reserves regularly, in line with guidan issued by the Charity Commission and Home-start. 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 its activities. Investments and Risk Management Any surplus funds are held in interest bearing bank accounts. This interest is used in furtherance of the charity's objectives. The Trustees also examine the major strategic, business and operational risks which the charity might fa and confirm that systems have been established to minimise these risks. The total amount of funds held at 31st March 2024 was £53,755.
Registered Charity Number 1105854 Registered Company Number 5146024 Fund Raising The charity has been active in fundraising in the following manner: 1. The charity's approach to fundraising has been to apply to as many grant making bodies as possible 2. A professional fundraiser has not been used 3. Fundraisin9 is monitored by the Trustees and reported at Trustee meetings. 4. No comp.laints have been received regardin 5. The public are approached for fundraising a fundraisin occasiona events organised by the charity. structure, Governance and Management The charity is a charitable company limited by guarantee and was incorporated on 4th June 2004.ln the event of the charitable company being wound up, the liability of the members is limited to£1 Share Capltsl The company is limited by guarantee and therefore has no share capital Directors and Trustees The directors and trustees during the year are as stated on page 3. The directors are members of the company At the Annual General Meeting the directors retire but offer themselves for re-election Statement of Director3. and Trustees. Responslbllities 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 the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board 18 required to :. select suitable accounting policies and then apply them consistently 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 charity will continue in business. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements observe the methods and principles in the Charities SORP The trustees are also responsible for maintaining proper accounting records 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 the prevention and detection of fraud and other irregularities. 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 limited 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-Hug s {Mrs) Director and Trustee Date
Registered Charity Number 1105854 Registered Company Number 5146024 Home-stsrt (Tamworth) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME4TART ITAMWORTH) I report to the trustees on my examination of the accounts of Home-stsrt (Tamworth) {°the company.) for the year ended 31" March 2024 Responslbllltles and basls of the report As the trustees of the Company (and also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act.). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145{51(bJ of the 2011 Act. An independ8nt examination does not involve gathering all the evidence that would be required In an audit and consequently does not cover all the matters that an auditor considers in giving thelr opinion on the accounts. The planning and conduct of an audlt goes beyond the limited assurance that the independent examinatlon can provide. Consequently, l express no opinion as to vthether the account8 present a "true and fair view. and my report is limited to those Specific m8tter8 set out in th8 independent examiners statement Independont examlner's statement I have completed my examination. I confirm that no material matters have come to my 8tt8ntion In connection wlth the examination giving me reasonable cause to believe that in any material respect accounting records were not kept in respect of the company as required by sectlon 388 of the 2006 Act, or 2. the accounts do not accord with th08e records or 3. the accounts do not comply with the accounting requirements of Section 398 of the 2006 Act other than any requirements that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Ireland (FRS 102) I have no concems 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 accounts to be reached T D Shackleford FCA Shacklefords Limited Chartered Accountants 6A Little Aston Lane Little Aston Sutton Coldfield B74 3UF Date
ReLii$t¢rcd Charity Number 1105854 R¢gT151ered Company Numb 5146024 Home-start (Tamworth ) 8tatement of Flnanclal Actlvltles { Incorporallng Income and Expendlture Account ) for the year ended 31st March 2024 Unre8trl¢ted Rostrlctsd Total Last Year Fund8 Fund8 Fund• Total Funds Notes 2024 2024 2024 2023 Income re8ource8 Incomlng re80urce8 from generated fund8 Voluntary Income Investment Income 62,345 62,345 93,850 674 674 229 Totsl Incomlng re8ourco• 63,019 63,019 Dlroct charltable oxpendlture Govornanco 51,179 2,678 43,380 94,559 2,678 88,950 2,376 Totsl r••ourc08 expended 43,380 71,326 Not Incomlng r••ource8 9,162 143,3801 134,2181 22,553 Total fund8 brought forward 12 44,593 43,380 87,973 65,420 Total funds carrfod fomard 53,755 53,755 87,973 All actlvltlu darlve from contlnulng oporallon8 Thè notss on page 10 to 13 fomi an Integral part of the80 accounts
RegisteTed Charity Number 1105854 R¢gistered Cotnpany Number 5146024 Home-start (Tamworth ) Balance Sheet for the year ended 31st March 2024 Notes 2024 2023 The a880ts and liabilltles of the charlty . Current assets Debtors Cash at bank and in hand 10 926 58,128 1,316 90,350 Total Current Assets 59,054 91,666 Crodltors :. Amounts due within on8 y8ar 5,299 3,693 Not Current A880t8 53,755 87,973 Net a8Wt• 53,755 87,973 The fund8 of the charlty: Unre8trl¢tsd Incomo funds Unrestricted r8venue accumulat8d funds 53,755 44,593 Total unrnstrlctsd fundg 53,755 44,593 Restrfct•d Income funds Restricted revenue accumulated funds 43,380 Total re8tr1ct8d funds 43,380 Total charlty funds 12 53,755 87,973 The director8 are satisfied that the ¢ompany is entitled to exemption under Section 477 of th¢ Companies Act 2006 and that no mcmber or mcmbers have requested an audit pursuant to section 476 of thc Act. The directors acknowledge their responsibility tor (a) ensuring that the charitable company keeps accounting records that Comply with sections 386 and 387 of the Companies Act 2006: and (b) preparing financial statements which give a true and fair view ot the gtate of atlairs of the charitable company as at the end of each financial year and of its surplus or deficil for each financial y¢4r in aGcordancc with the requiremcnt5 of Seciions 394 and 395 and which othrrwise comply with lh¢ requirements of the Companies Act 2006 relatin8 to financial statements, so far as appli¢able lo the charitabl¢ rnpany. The accounts have been prepared in OrdanCe with the special provisions in Part 15 of the Companies A¢t 2006 applicablc to Gompanies subject to Ihe small companies regime. K H Goldsworthy- Director and Trustee Approved by the Trustees on The notes on page8 10 to 13 forni an Integral part of these accounts
Registw Charity Number 1105854 Registered Company Number 5146024 Homotart (Tamworth) Notes to the Accounts for the year ended 31 Mah 2024 Accountlng Policies Ba818 of preparing the financlal statements The financial statements of the charitable company have been prepared in accordance with the 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 1st January 2015) (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 Accountlng Conventlon The accounts have been prepared under the historical cost convention. Taxatlon As a registered charity, the company is exempt from Income and Corporation Tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company and it is therefore included in the relevant costs in the Statement of Financial Activities Funds Structure The charity maintains a general unrestricted fund which represents funds which ar8 expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held to finance both working capital and capital investment Restricted funds have been provided to the charity for particular purposes and it is the policy of the board of trustees to monitor carefully the application of those funds in accordance with the restrictions placed upon them. Income Accountlng Pollcy Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items have been met,it is probable that the income will be received and the amount can be measured reliably. Credltors Accountlng Policy Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Pensions Accountlng Policy Contributions to defined contribution plans are expensed in the period to which they relate. 10
Registered ChaTlty NuTnber 1105854 Registered Cornpany Numtrtr 5146024 Home-start ( Tamworth) Notes to the Accounts For the year ended 31st March 2024 ( contlnued ) 2 Windin% up or dlssolution of the charlty If upon windin% up or dissolution of the charity there Temain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies havin% similar objects to the charity. 3 Surplusl Deficlts for the flnanclal year 2024 2023 Thls Is after charylng Pension costs Reporting Accountants fees 2,254 792 31 720 Funds belon%inR to the charity have been used for the purchase of insurance to protect the charity from loss arisin% from the neRlect or defaults of its trustees. employees or a%ents, or to indemnify its trustees, employees or aRents. aInst the consequences of any ne%lect or default on their part. 4 Tru8tee8 Expenses No expenses were paid to trustees or connected persons except re-imbursement of exceptional travelling expenses. 6 Invo8tment Income 2024 2023 Bank deposit interest received 674 674 229 229 6 Income Analys18 2024 2024 2024 Unrestrlcted Restrlcted Total 2023 Total Community Together Local Giving Home-start {UK) Children In Need Tamworth CAN Home-start (Tamvrforth) - Shop National Grid John Lewis Specsavers Amold Clark Horticulteral Society Other donations Rawlett Trust SCC Community Fund Tamworth BC Tamworth Rotary Tamworth Soroptomists Kingsbury Playgroup Bank Interest 250 149 17 250 149 17 4,200 864 4,400 59,896 9,878 9,843 13,360 6,500 3,000 2.229 13,360 6,500 3,000 2,229 1.000 1,000 400 1,100 406 165 2,110 703 1,501 16,526 500 500 15,000 674 63,019 2,110 703 1,501 16,526 500 500 15,000 674 63,019 498 229 93,879
Rcgistered ChaTity Number 1105854 Resi5tered Company Number 5146024 Homestart ( Tamworth) Notes to the Accounts For the year ended 31st March 2024 ( continued ) 7 Dlrect Charltable Expendlture 2024 2024 2024 2023 Unrestricted Restricted Totsl Total Staff Costs 35,857 41,655 77,512 64,449 Family expenses Staff & volunteer expenses Office Costs 1,725 1,725 519 903 903 1,562 14,419 14,419 2,420 51,179 43,380 94,559 68,950 8 Governance 2024 2024 2024 2023 Unrestrlcted Re8trlcted Totsl Total Staff & Office costs 1,886 792 1,886 792 1,656 Reporting accountants 720 2,678 2,678 2,376 9 Staff Costs and Emoluments 2024 2023 Gross salaries 75,258 64,418 Employers National Insurance Pension contributions 2,254 31 77,512 64,449 There were no fees or other remuneration paid to the trustees (2023 nil ) There were no employees with emoluments in excess of £60,000 per annum (2023 none) Number of Full Time Employees employed during the year Number of Part Time Employees employed during the year 12
Regist¢red Charity Number 1105854 Registered Company Number 5146024 HoMetart { Tamworth) Notes to the Accounts For the year ended 31st March 2024 ( continued ) 2024 2023 10 Debtors Other debtors 926 1,316 1,316 926 11 Creditor8 . amounts falling due under one year 2024 2023 Accrued expenses PAYE & NI 2,267 976 720 908 Scottish Widows Pensions NEST Pensions 1,789 267 1,810 255 5,299 3,693 12 Fund Anatysls Funds at Incomo Expended Funds at 2023 Includlng Interest 2024 Unrestn'cted fund Children In Ne8d 44,593 43,380 87,973 63,019 53,857 43,380 97,237 53,755 63,019 53,755 13 Sharo Capltal The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter 13