# **HOME-START SOUTH WILTSHIRE (A COMPANY LIMITED BY GUARANTEE)**
# **ANNUAL REPORT AND ACCOUNTS FOR THE YEAR**
## **TO**
**31 MARCH 2024**
**Charity Number: 1105978 Company Number: 5230455**
## **HOME-START SOUTH WILTSHIRE (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND ACCOUNTS FOR THE YEAR TO 31 MARCH 2024**
|**CONTENTS**||**Page**|
|---|---|---|
|Executive Council and professional advisers||3|
|Trustees Annual Report||4|
|||6|
|Statement of Financial Activities||7|
|Balance Sheet||8|
|Notes to the Financial Statements||10 -15|
2
## **HOME-START SOUTH WILTSHIRE (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR TO 31 MARCH 2024**
## **REGISTERED OFFICE**
## **BANKERS**
## **ACCOUNTANTS**
Suite 204, Warner House 123 Castle Street Salisbury Wilts SP1 3TB HSBC plc 19 Minster Street SALISBURY SP1 1TE Ian Sheekey Accountancy Ltd Chartered Accounts Suite 204, Warner House 123 Castle Street Salisbury Wilts SP1 3TB
## **EXECUTIVE COUNCIL**
Deborah Cockrean* Natasha Hadji* Miranda Beebe* Peter Curbishly* Catherine Sample* (appointed 27/03/2024)
*Indicates those that are also directors of the company
## **MANAGEMENT TEAM**
Becky Thompson Senior Co-ordinator Jacqui Scott Business Development Officer
3
**HOME-START SOUTH WILTSHIRE TRUSTEES REPORT FOR THE YEAR TO 31 MARCH 2024**
## **OVERVIEW**
Home-Start South Wiltshire is a registered charity and a limited company governed by a Memorandum and Articles of Association. It is a voluntary organisation committed to helping families with young children through home visiting, telephone calls or group events. At least one child in the family must be under five years of age. Volunteers offer weekly support, friendship and practical help to families in difficulty in their own homes, helping to prevent family crisis and breakdown.
## **CHAIR’S REPORT**
This year our work has been led by our strategic plan with particular focus areas of staffing, expanding our offer and board development.
We have begun the process of identifying a new focus area to develop both group and one-to-one support. Working with other agencies and the local authority to ensure that we are not duplicating other services and that there is a real need and desire for our services.
Over the last year trustees have worked closely with our staff to fully understand the range of roles they are fulfilling. This has led to recognising the need to increase our staffing, not only to expand our offer but also to ensure that our staff are fully supported to deliver best practice. The recruitment of new staff will be a focus for our next year. The sharp rise in demand for our service this year, a 48% increase in referrals on last year, continues to demonstrate the importance of the service we provide and we are proud to have supported a total of 61 families – 112 children.
## **TRUSTEES**
In the last year we are delighted to have successfully recruited a new trustee, with a second being processed, to our board. We now have members with experience from the charity, public services and business worlds, across a range of disciplines including volunteer management, fundraising, strategic development, recruitment, public relations, inspection and social media.
We have been developing our trustee roles and responsibilities to ensure that we are using our skills effectively and efficiently as we begin to expand. This has also identified aspects for us to work on next year and we are now looking for a treasurer and trustees with first-hand experience of Home-Start, either as a volunteer or being supported.
## **TREASURER’S REPORT**
Fortunately, our income for the year has been very good. Our total income for the year including grants and donations was £140,268 and expenditure was £91,235 resulting in a surplus of £49,033.
## **RISK MANAGEMENT**
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to monitor the risks so that necessary steps can be taken to mitigate them when necessary.
4
HOME-START SOUTH WILTSHIRE
TRUSTEES REPORT
FOR THE YEAR TO 31 MARCH 2024
RESERVES POLICY
The trustees have agreed to maintain a minimum of three months running costs and
sufficient funds to cover the expenses of closing the scheme if this is necessary. At
present we have allocated £22,000 in a separate bank account as a reserve to cover
those costs.
INVESTMENT POWERS
These are governed by the Memorandum and Articles, which permlt surplus funds to be
invested in any lawful enterprise that is approved by the Charity Commissioners.
TRUSTEES. RESPONSIBILITIES
Charity and Company law requires the Trustees to prepare financial statements for each
financial year that show a true and fair view of the state of the affairs of the company
and its financial activities for that period.
In preparing those financial statements the Trustees are required to:
selett suitable accounting policies and then apply then consistently;
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards and statements of recommended
practice have been followed, subject to any departures disclosed and explained in
the financial statements. and
prepare the financlal statements on a going concern basis unless it Is inappropriate
to presume that the charity will continue in operational existence.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them
to ensure that the financial statements comply with the Companies Act ?006 and the
Charities Att 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.
This report has been prepared in accordance with the small companies, regime (Section
419(2) of the Companies Act 2006).
INDEPENDENT EXAMINER
The Trustees intend to ask the existing examiner to undertake the independent
examination of the charity in the following year.
Approved by the Executive Council on 2klicliF and signed on its behalf by:
ecfv
Deborah Cockrean
Chair
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE YEAR TO 31 MARCH 2024
I report on the accounts of the charity for the year ended 31 March 2024, which are set
out on pages 7 to 15.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER
The charity's Trustees (who are also the directors of the company for the purposes of
company law) are responsible for the preparation of the accounts as outlined on page
14. The Trustees conslder that an audit is not required for this year under section 144(2)
of the Charltles Act 2011 (the 2011 Act) and that an independent examination Is needed.
The charlty's gross income did not exceed £250,000 and I am qualified to undertake the
examlnatlon by being a qualifled member of the Institute of Chartered Accountants in
England & Wales.
Havlng satlsfled myself that the charity Is not subject to audit under Part 16 of the
Companies Act 2006 and is eligible for Independent examination, It is my responsibility
to:
examlne the accounts under sectlon 145 of the 2011 Act;
to follow the procedures lald down In the general Dlrectlons given by the Charlty
Commisslon under sectlon 145(5)(b) of the 2011 Act; and
to state whether partlcular matters have come to my attentlon.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examlnatSon was carrled out In accordance wlth the General Directions given by the
Charity Commlsslon. An examlnation Sncludes a revlew of the accountlng records kept by
the charlty and a comparison of the accounts presented with those records. It also
Includes conslderation of any unusual Items or disclosures In the accounts and seeklng
explanatlons from you as Trustees concernlng such matters. The procedures undertaken
do not provlde all the evldence that would be requlred In an audlt and consequently no
oplnlon is given as to whether the accounts present a 'true and fair view, and the report
Is Ilmlted to those matters set out In the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In the course of my examlnatlon no matter has come to my attentlon..
a) whlch glves me reasonable cause to belleve that, In any materlal respect, the
Trustees have not met the requirements to ensure that:
proper accounting records are kept In accordance wlth sectlon 386 of the
Companies Act 2006. and
accounts are prepared which agree with the accountlng records, comply wlth
the accounting requirements of sectlon 396 of the Companies Act 2006 and
wlth the methods and prSnclples of the Statement of Recommended Practice..
Accountlng and Reporting by Charities (revlsed 2005), or
b) to whlch, in my opinion, attentlon should be drawn In order to enable a proper
understanding of the accounts to be reached.
Ian Sheekey FCA
Ian Sheekey Accountancy Llmlted
Chartered Accountants
Date:
Sulte 204,
Warner House,
123, Castle Street
Salisburyt SPI 3TB
## **HOME-START SOUTH WILTSHIRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MARCH 2024**
||**Note**|**Unrestricted**|**Restricted**|**Total**|**_Total_**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2024**|**_2023_**|
|||**£**|**£**|**£**|**_£_**|
|**INCOMING RESOURCES**||||||
|**Incoming resources from generated funds**||||||
|Donations, gifts and grants|2a|126,928|13,000|139,928|_51,113_|
|**Investment Income**||||||
|Bank Interest|3|340|-|340|_79_|
|**Total Incoming Resources**||127,268|13,000|140,268|51,192|
|**RESOURCES EXPENDED**||||||
|Charitable activities|4|73,113|11,809|84,922|_72,890_|
|Fundraising costs||6,313|-|6,313|180|
|**Total Resources Expended**|5|79,426|11,809|91,235|_73,070_|
|**Net incoming/outgoing resources**||47,842|1,191|49,033|(21,878)|
|**before transfers**||||||
|**Transfers**||||||
|Gross transfers between funds||-|-|-|_-_|
|**Net incoming/outgoing Resources before**
**other recognised gains**||47,842|1,191|49,033|(21,878)|
|**Reconciliation of funds**||||||
|Total funds brought forward at
1 April 2022||16,220|9,208|25,428|_47,306_|
|**Total funds carried forward at**
**31 March 2023**||64,062|10,399|74,461|
25,428|
All of the company's operations are classed as continuing. The charity has no recognised surpluses or deficits other than the net incoming resources for the year. The movement on reserves is shown above. The notes on pages 10 to 15 form part of these financial statements.
7
**HOME-START SOUTH WILTSHIRE BALANCE SHEET FOR THE YEAR ENDING 31 MARCH 2024**
|**Note**
**FIXED ASSETS**
Tangible Assets
**CURRENT ASSETS**
Cash at bank and in hand
Debtors and prepayments
**CREDITORS**
Amounts falling due within one
year
6
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS**
General Funds
8
Designated Funds
7
Reserve Funds|**2024**
478
77,443
-|**2024**
478
77,443
-|**_2023_**
_942_
_27,619_
_297_
27,916
_(3,430)_
24,486
25,428
_(2,780)_
_9,208_
_19,000_
25,428|**_2023_**
_942_
_27,619_
_297_
27,916
_(3,430)_
24,486
25,428
_(2,780)_
_9,208_
_19,000_
25,428|
|---|---|---|---|---|
||77,443
(3,460)|73,983
74,461
42,062
10,399
22,000
74,461|27,916
_(3,430)_||
|||||25,428|
|||||_(2,780)_
_9,208_
_19,000_|
|||||25,428|
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 2024. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The trustees' responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing accounts 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 accounts, so far as applicable to the company.
8
HOME-START SOUTH WILTSHIRE
BALANCE SHEET
FOR THE YEAR ENDING 31 MARCH 2024
These accounts have been prepared in accordance with the provlsions applicable to companies
subjectto the small companies, regime.
Approved by the Executive Council on
Ilfr ach¢
2024
Deborah Cockrean
Chair
## **HOME-START SOUTH WILTSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **Charity Information**
Home-Start South Wiltshire is a private company limited by guarantee incorporated in England and Wales. The registered office is Suite 204, Warner House, 123 Castle Street, Salisbury, Wilts. SP1 3TB
## **Accounting convention**
The accounts have been prepared in accordance with 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)" (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the revaluation of freehold properties to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **Going concern**
These financial statements have been prepared on a going concern basis. The company is dependent on the support of funders and the executive council consider that this support will continue to be available. The going concern basis is therefore believed to be appropriate. The financial statements do not include any adjustments that might arise from withdrawal of support.
## **Charitable funds**
General funds are unrestricted funds available for use at the discretion of the Trustees in furtherance of the general activities of the charity and which have not been designated for other purposes.
Designated Funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted Funds represent grants and donations received which the donor allocates for specific purposes.
## **Incoming resources**
All incoming resources becoming available to the charity during the year are included when there is certainty of receipt.
## **Legacies**
Legacies are accounted for in the SOFA when there is adequate certainty and reliability of receipt and their value can be measured with sufficient reliability.
Legacies not recognised in the SOFA are disclosed in note 2.
10
## **HOME-START SOUTH WILTSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2024**
## **Resources expended**
All expenditure is accounted for on an accruals basis and applied under the appropriate heading. Liabilities are recognised as resources expended as soon as the obligation and commitment by the Charity to the expenditure arises.
Charitable expenditure includes costs associated with particular projects in furtherance of the charity's objects.
Support costs include expenditure incurred in support of charitable activities and include an appropriate proportion of overheads.
Governance costs include all expenditure that is not directly related to the charitable activity.
## **Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Fixtures and fittings 20% reducing balance Office equipment 33% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/expenditure for the year.
## **Pensions**
The charity provides a defined contribution pension scheme, the assets of which are held separately from those of the charity in an independently administered fund. Contributions totalling £1,923 were paid during the period. At the balance sheet date there were unpaid contributions of £334 (2023: £313).
11
## **HOME-START SOUTH WILTSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **2. INCOMING RESOURCES**
## **2a. Voluntary Income**
|**Donations**
Bruce Eyre
Co-op Community Fund
David Welsh
Gift Aid claims
Jennifer Noble
Love Repair Café
Other Donations
Rotary Club Salisbury
Semley PCC
Shipton Benger allotment
Sir Jules Thorne
St Francis Church
Vanetta Joffe
Verdon Smith
Waitrose
**Grants**
Albert Hunt
Armed Forces Covenant
Army Central Fund
BBC Children in Need
Empower Salisbury
Garfield Weston
HSUK Breathing Spaces
National Benevolent Charity
National Lottery
Salisbury Council, Friary Project
SCORE Salisbury
Tesco, via Groundwork
Volant for Amesbury group
Walter Guiness
Wessex Water
Wiltshire Community Foundation
Woodword Trust
**3. INVESTMENT INCOME**
Bank Interest|**Unrestricted**
**Funds**
**£**
180
786
500
_251_
180
1,200
934
_500_
_446_
_150_
-
_300_
-
-
_500_
_4,000_
_-_
_-_
_15,000_
4,500
_15,000_
_10,000_
5,500
57,000
_-_
_-_
_-_
_-_
2,000
_3,000_
5,000
_-_
126,928|**Restricted**
**Funds**
**£**
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_5,000_
4,500
_-_
_-_
_-_
_-_
_-_
_-_
_-_
2,000
_1,500_
_-_
_-_
_-_
_-_
_-_
13,000
**Bank Interest**
**£**
340
340|**2024**
**£**
180
786
500
251
180
1,200
934
500
446
150
-
300
-
-
500
4,000
5,000
4,500
15,000
4,500
15,000
10,000
5,500
57,000
-
2,000
1,500
-
2,000
3,000
5,000
-
139,928
**2024**
**£**
340
340|**_2023_**
**£**
_180_
_1,000_
_-_
_-_
_200_
_383_
_-_
_-_
_-_
_2,000_
_-_
_250_
_100_
_-_
_-_
_-_
_4,000_
_-_
_2,000_
_-_
_-_
_10,000_
_10,000_
_4,500_
_1,500_
_-_
_8,000_
_-_
_-_
_6,000_
_1,000_
_51,113_
**_2023_**
**£**
_79_
_79_|
|---|---|---|---|---|
12
## **HOME-START SOUTH WILTSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
|**4. CHARITABLE ACTIVITIES**
Wages, NI & Pension
Volunteers Expenses
Volunteer Support
Recruitment Costs
Staff/Trustees Training
Volunteers Training
Travel expenses
Xmas Party
Friary Project Costs
Volant Amesbury Group
Project Publicity
DBS Fees
Insurance
IT equipment/software
Other
Postage
Storage costs
Room Hire
Stationery, Printing, etc
Phone & Broadband
HomeStart UK Membership
Equipment Depreciation
Payroll Processing
Independent examiner's fee
**5. TOTAL RESOURCES EXPENDED**
Charitable activities
Fundraising costs
**Staff Costs:**
Wages and salaries
Pension costs|**Staff**
**costs**
**£**
69,475
-
69,475|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2024**
**_2023_**
**£**
**£**
**£**
**£**
59,545
9,930
69,475
_60,507_
437
174
611
_836_
36
36
_19_
229
229
_216_
127
127
_10_
777
90
867
_668_
976
183
1,159
_1,142_
-
301
301
_23_
1,468
42
1,510
_1,314_
1,825
938
2,763
_1,069_
101
101
_-_
703
703
_157_
908
106
1,014
_956_
1,285
1,285
_1,130_
238
238
_187_
115
115
_71_
780
780
_780_
259
45
304
_453_
326
326
_435_
443
443
_500_
920
920
_971_
575
575
_456_
270
270
_300_
770
770
_690_
73,113
11,809
84,922
_72,890_
**Other**
**costs**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**_£_**
3,638
11,809
84,922
_72,890_
6,313
-
6,313
_180_
9,951
11,809
91,235
_73,070_
**2024**
**_2023_**
67,552
58,681
1,923
1,826
69,475
60,507|
|---|---|---|
No employee earned more than £50,000.
The average weekly number of employees during the year was 4 (2022-23: 4)
13
**HOME-START SOUTH WILTSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Tax, social security & pension costs
Accruals
**7. RESTRICTED FUNDS**
Army Central Fund
Armed Forces Covenant
Pears DCMS Governance
SCORE Salisbury
Volant, Amesbury Group
Tesco, via Groundwork
Greggs, via Groundwork|**2024**
**_2023_**
2,278
_2,088_
1,182
_1,342_
3,460
_3,430_
**As at**
**Incoming**
**Resources**
**As at**
**01/04/2023**
**Resources**
**Expended 31/03/2024**
4,000
4,500
4,000
4,500
-
5,000
1,250
3,750
1,000
-
-
1,000
375
2,000
2,375
-
3,333
-
3,333
-
-
1,500
851
649
500
-
-
500|
|---|---|
||9,208
13,000
11,809
10,399|
## _**Purpose of Restricted Funds**_
## **Army Central Fund**
Grant awarded to support volunteer led home visiting support for Army families
## **Armed Forces Covenant**
Supporting military families in the Tidworth super garrison, Larkhill and Bulford.
## **Tesco, via Groundwork**
Funding for Xmas party.
## **SCORE Salisbury**
To support Catholic families in Salisbury
|**8. GENERAL FUNDS**
General Funds
Restricted Funds
Reserve Fund|**As at**
**Incoming**
**Resources**
**As at**
**01/04/2023**
**Resources**
**Expended 31/03/2024**
**£**
**£**
**£**
**£**
(2,780)
124,268
79,426
42,062
9,208
13,000
11,809
10,399
19,000
3,000
-
22,000|
|---|---|
||25,428
140,268
91,235
74,461|
14
**HOME-START SOUTH WILTSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **9. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**9. ANALYSIS OF NET ASSETS BETWEEN FUNDS**||
|---|---|
|Fixed Assets
Current Assets
Debtors and prepayments
Creditors: amounts falling due|**Unrestricte**
**Restricted**
**2024**
**_2023_**
**£**
**£**
**£**
**£**
478
-
478
942
45,044
32,399
77,443
_27,619_
-
-
-
_297_
(3,460)
-
(3,460)
(3,430)|
||42,062
32,399
74,461
25,428|
## **10. LIMITED LIABILITY OF MEMBERS**
The company is limited by guarantee and does not have any share capital.
The liability of the members in the event of a winding up is limited by guarantee to an amount not exceeding £1 per member.
At the balance sheet date there were 5 members.
15