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2024-03-31-accounts

s'.I.IT IMPACT REPORT Erewash 2023-2024

ME STI.IT WHO ARE WE? Erewash We are Home-start Erewash. We work with families across Erewash, Derbyshire to give children the best possible start in life. CONTENTS Children's life chances are closely linked to family ci rcumstances like social disadvantage, insecure or inadequate housing, family relationships, parental mental health and parenting behaviours. Research shows that stressful life events are associated with worse outcomes for children. Who are we7 Welcome Why we exist So, in communities across Erewash our home visiting volunteers work with p3rents in their own homes to strengthen their ability to give their child the best start, regardless of what life throws at them. 4-6 How we support families The difference we make Ourcommunity groups provide families with much needed connection and specialist support with perinatal and infant mental health and school readiness. The heart of Home-start Thankyou Our vision -IiIIL We want to see a society in which every parent has the support they need to give their children the best possible start in life and enable parents to achieve fulfilment in theirown lives. Our goal We want to be seen as the provider of choice in offering support to parents experiencing d ifficulties, especially mental health issues, in areas of Derbyshire where need is acute, but su pply is unavai lable.

WELCOME Manager's welcome The challenges facing charitios and communities have grown significantly during this period. More than ever, our service has been a lifeline, as deeper cuts to early years support and an increasingly competitive funding landscape have tested us all. Ourfocus on the design of targeted group support has been incredi bly well received. Parents tell us that they feel heard and supported , empowered to apply their learnings and reflections to create meaningful, lasting changes that shape their children's futu res. Chair's welcome It is my honourto introduce Home-start Erewash's Annual Report. Reflecting on the past year, l am immensely grateful for the unwavering support ofourdonors, partners, volunteers, and colleagues. Together, we have continued to provide vital assistance to families i n need, ensuring that no one has to face life's challenges alone. l am immensely proud of our team. When faced with obstacles, they find solutions. When the weight becomes too much, they step in to share the load. Together, we laugh, cry, and above all, continue to offer warmth and care to parents navigating overwhelming challenges. Our vision remains clear and resolute: "For every parentto have the supportthey need to give their children the best possible start in life, while enabling parentsto achieve fuifilment in their own Itve$. At Home-start Erewash, we are proud to bring this vision to life, creating a meaningful and lasting impact on the families we support. Atthe very heart of our service is one simple truth: we care deeply about every family memberwe support. While ourjourney is far from over, neither is OL¢r determination. The challenges ahead are real, but so is ourcommitment. We will continue to adapt, innovate, and respond to the evolving needs of families with young children. To all those who have played a part in supporting ourmission through donations, partnerships, volunteering* or working alongside us thank you for your unwavering dedication. To everyone who has been part ofthisjourney-our donors, volunteers, and partners-thank you. Your unwavering belief in Home-start Erewash inspires and drives us forward every day. Together, we are shaping brighter futures, one family at a time. As we look ahead to the comingyear, l am confident that, together, we will continue to drive ourvision forward and make a profound difference in the lives of the families we seNe. Andrew Chairperson Bren Manager

Here in Erewash child poverty has risen sharply? Wlth 30% of children affected, 68Wo of these live in working families. Families that were already experiencing fi nancial difficulties are facing challenges that now feel insurmou ntable. W+IY WE EXIST Beyond the obvious challenges we have found that the cost-of-living crisis is limiting children's access to socialisation and play, both crucial for their development, socially and emotionally* p3rticu13rly for those children born into lockdown who already missed vital socialisation opportunities. IO% of the children we support have diagnosed additional needs. Many more are in the early stages of diagnosis and few have the supports needed in place. 200k+of the children we support have child protection plans in place. Many more have been in receipt of early help via social service provision but this seNice is now being cut, we are facing significantly increased demand as a result. 74% of families are presentlng with more complex needs which include addiction, recovery, domestic abuse and violence. An increasi ng number of families are presenting in crisis, placing more children at risk of adverse childhood experiences and trauma. There is no other support available to most families we help. We supportfamilies at the most challenging point in their lives. This year, this included: with mental health issues living in unsuitable housing experiencing domestic abuse single parent families Referrals oth•r Children Centre 30 Families who need our help are referred to us by 3 wide range of local partners. Social Services 23 S•lf Referrals Education li Mental Health Services Health Visitor 61

OWWE PPORT FAMILIES "Home Start was my saving grace at o time when me and my family were so fragile. They picked out the best volunteer we could have ever wished for and I cannot begin to exploin not only the sheer love and care we oll felt from our very special volunteer when we needed it most, but also who truly helped in every aspect they possibly could." What we do: We carefully match each family with a volunteer trained to offer practical and emotional support. Every family in need is different and so is our help. Our volunteers offer friendship, they listen, they become a trusted source of much.needed support. From teaching parents how to enjoy playing with their children, to supporting parents to learn to cook low cook nutritious meals, to providing a non-judgemental listening ear through to giving parents confidence to take their children to the park or the library- our volunteers do all kinds of small, brilliant things that make a massive difference to families. Ourvolunteer will visit every week for 2-3 hours. Support ends when the family feels ready, sometimes it's a few weeks, other times much longer. Volunteers have regular supervision sessions and throughout our support our Family Support Workers check in with the family too. +IOME VISITING Why: Our Home Visiting service strengthens early relationships, placing children on a positive developmental trajectory. Most often, parents are the best providers of nurturing care and their wellbeing is essential for their children's wellbeing and development. Parents are most able to provide the care that children need when they have positive relationships themselves, when they are emotionally, financially and socially secure, and when they are in families and communities that nu rture them and attend to their needs- this is what ourvolunteers m3ke happen. 'A5 500n as I wake up and realise it'5 Tuesday? I smile because my volunteer is coming today and I really look forward to her visit5,

•• SUNFLOWERS What we do: We support children and their families to get ready forschool. Through evidence-backed, fun activity-focussed group sessions, we help children to develop the vital ski Ils they need to successfully transition into formal education. From games to practise key skills like sitting and listening, to really practic31 stuff like how to hold a pencil or use 3 pair of scissors- Sunflowers is making a big difference to local families. This is a 6 week programme which takes place at least 4 times3year Why: School readiness can positively change a child's life-chances. Children who start school with the physical, social, emotional, and cognitive skills they need are far more likely to thrive, evidence shows that children that meet criteria for school readiness are more likely to succeed academicallyy likely to earn more as adults, be healthier- even live longer. However, 500/0 of teachers note worsening levels of school read iness. Many children enter school unprepared, facing challenges like following instructions, dressing independently, and using the toilet. EMBRACE What we do: Embrace is our perinatal and infant emotional health support group for parents and children 0-3 years. Led by our specialist perinatal and infant mental health coordinators each session covers a range of important discussion topics such as emotions, relationsh ips, attachment, and communication. The sessions include activities that strengthen the parent-child bond and build confidence together. Embrace is an 8-week programme which takes place 4 times each year. "This group really help me to understand more about myself and what I need to do to help me become a betterperson and a Mum to my children." Why: One of the strongest predictors of wellbeing in early years is the mental health and wellbeing of the mother orcaregiver. 870/0 of parents seeking our support are experiencing mental health problems. The Embrace group offers a safe, non-judgmental Space for parents to share experiences, reducing isolation and fostering support, understanding, and empathy. Con necting with others facing similar challenges promotes emotional well-beingthrough shared experiences and encouragement. 8596 of parents who attend Embrace say that it has helped them to learn coping strategies to manage their mental health and emotional wellbeing.

CONNECTION CAFE What we do: Connection Cafe is a place where parents with young children can gatherto enjoy a warm welcome, a drink, and something to eat. Café sessions are led by our Family Support Workers and supported by volunteers. It's free for the family to come along. The informal drop-in sessions at the cafes provide an opportunity for parents to connect with each other and share theirexperiences. We hold two free Connection Cafes every week, one in Ilkeston and another in Long Eaton. They last for an hour. Why: Connecting with other parents facing similar challenges provides comfort, understanding, and a sense of belonging. Our holistic approach to supporting families addresses parenting needs, offers resources, connections, and emotional support, helping parents thrive and create nurturing environments for their children. We link families to broader support, including other Home-start seNices. This empowers parents to access practical resources and emotional su pport, bu ildi ng resilience and well-being through a network of peers. 75% of parents who attend Connection Café report that it has helped them to form a supportive new friendship 95% say they feel more connected to their local community Real-life story: Home-start Erewash offered vital support to help Mum regain her confidence. She began attending the Connection Café in Long Eaton with Dad and, over time, felt brave enough to go alone with their child. Building on this progress, shejoined the Embrace group, focusing on parent and child well-being. Mum actively participated, connected with others, and slowly opened up about her experiences. At a follow-up vislt, Mum shared some proud milestones: She began going out regularly on her own. She drove a car alone for the first time in nearly 10 years. She visited a play centre with her baby by herself. The family started planning a long trip to see relatives, somethingthey had previously avoided due to Mum's anxiety. Mum described the Embrace group as life-changing, helping her manage her anxiety and boosting her confidence. With her growing confidence, Mumjoined the StARTer Kit group, which uses art to promote well-being. Mum rediscovered her passion for painting. Mum overcame agoraphobia, embraced new opportunities, and rediscovered joy and connection.

Last year together we helped to change the future for: T+IE DIFFERENCE WE MAKE 98 local families with 288 children through oursupport in homes and the community. Home-vlsitlng 30 Group support 19 Both 49 10 20 30 40 50 We collect feedback from the families we support at the start, during and at the end of our time together. This helps us to shape our individual support of each family, understand the difference we make and know when families are ready for us to step back. Across all of the families we supported this year: Impact 2023124 11 start 11 End Parenting skills increased 700/0 This includes how parents feel they can manage children's behaviour and how well they feel they understand child development. This significant increase suggests substantial enhancement in parents, abilities to manage and nurture their children. Parental wellbeing increased 70 % This reflects how parents feel they cope with their own physical health and wellbeing, mental health, with feeling Isolated and their self-esteem. Child wellbeing increased 66 % This reflects improvements in children's physical health and wellbei ng and emotional health and wellbeing. This improvement reflects a substantial positive change in the overall health, happiness, and development of children. Family management skills increased 75 % This includes how parents feel confident in managing their household budget, day to day running of household, ability to cope with stress caused by family conflict, confidence in using other serviceslfacilities i n the area.

T+IE HEART OF HfvME srfRT Louise's story Louise, a single mother who works full- time, chose to volunteer with Home-start Erewash after overcoming her own challenges. Havlng experienced the Isolatlon of being a single parent with a young child when she returned to the area, Louise deeply understood how impactful a service like Home-start Erewash could have been during hertoughest times. Volunteers are the real heart of Home- Start Erewash, trained to offer help in any way that they can. Our volunteers are nothing short of remarkable. They embrace our training? prepare forthe unexpected, and bring the unique gifts of their personalitles to build genuine, trusted connections with families. These relationships are transformative, rooted in kindness, compassion, and understandlng. Now matched with a family of three, Louise provides both practical and emotional support. Her dedication has had a transformative effect on the family. The mother, once struggling? has shown remarkable improvement in her well- being-she's brighter, more motivated, and has even started attending the gym, a reflection of her renewed focus on self- care. This year 36 incredible volunteers shared their time and expertise with families. For Louise. volunteering has been a journey of mutual benefit. While offering Invaluable support to the family) she has discovered a renewed sense of purpose and enhanced herown mental health and self-worth. Louise's story is a testament to the power of giving back and the profound connections that volunteerin8 can create. 36 5184 £93k dedicated volunteers volunteering hours estimated social value

THANK You Our supporters: We would not be here without the generous donations of our supporters. We would like to thank: Volunteers: Wassila Gillian Michele Mary Philip Sonia Liz Gemma Rebecca Ingrid Church Wilne Rotary Club RG Hill Friends of Home-start Erewash CAF Nottingham Energy Partnership All Saints Church Church of Christ Ilkeston Bates Charitable Trust Owen Willis Charitable Trust The National Lottery Community Fund Public Health- Children & Young People Severn Trent Water BBC Children In Need Derbyshire MIND GEM Radio {Bauer) Costco East Midlands Airport Homestart UK Breathing Space Albert Hunt Home-start UK- Cadent The University of Derby Co-op Alchemy Foundation Bates Charitable Trust Henry Smith Charity Erewa5h Borough Council Derbyshire Mental Health Forum Home-start UK- Empowering Women Diane Deborah Zoe Shelley Kellie Tracey W Tracey C Nikki Lauren Liesl Susan Fiona Jane Leanne Jessica Lesley Gail Shannon Alison Sarah staff: Alison Poole Grace Butler Harjinder Khosse Katie Orchard Nikki Walkinshaw Bren Butler Social Work Students: Amyc Sofia M Rebecca H Tru$tee$: Andrew Dickson- ChairAppointed Oct 2023 Christina Ashcroft Laura Mansfield Appointed Dec 2023 Nina Rimmington Appointed Feb 2024 Liam Caldecott Resigned Nov 2023 Sylwia Juranek Resigned Nov 2023 Alison Ingram Appointed Jun 2023- Resigned Nov 2023 Dr Ja Ryong Kim Appointed Apr 2023- Resigned Aug 2024 Louise Heron Resigned Feb 2024 Stephanie Zemlak Appointed Sept 2024 David FisherAppointed Sept 2024 "A HUGE MASSIVE THANK YOU to each and every one of you within Home- Start, but most of oll the wonderful volunteers who give up their time for free to help those when they need it most."

HOME-START EREWASH

COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS

FOR

31 MARCH 2024

Company Registration Number 5303098 Charity Number 1107411

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

Contents Page
Members of the board and professional advisers 1
Trustees' annual report 2-5
Independent Examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9-16

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS

The board of trustees/directors

Andrew Dickson- Chair Appointed October 2023 Christina Ashcroft Laura Mansfield Appointed December 2023 Nina Rimmington Appointed February 2024 Liam Caldecott Resigned November 2023 Sylwia Juranek Resigned November 2023 Alison Ingram Appointed June 2023- Resigned November 2023 Dr Ja Ryong Kim Appointed April 2023- Resigned August 2024 Louise Heron Resigned February 2024 Stephanie Zemlak Appointed September 2024 David Fisher Appointed September 2024

Company secretary Bren Butler Manager Bren Butler Registered office 6 Heanor Road Ilkeston Derbyshire DE78DX Tel: 0115 9304640 e-mail: office@home-starterewash.co.uk web: WWW.home-starterewash.co.uk Independent Examiner Mark Newey Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DEl lRY Bankers National Westminster Bank Bath Street Ilkeston Derbyshire

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HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 MARCH 2024

The trustees, who are also Directors for the purposes of the Companies Act, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024.

OBJECTIVES AND ACTIVITIES

This is in accordance with the charity's governing document the Memorandum and Articles of Association dated 2 December 2004.

SUMMARY OF THE MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO THESE OBJECTS

In planning our activities for the year, we kept in mind the Charity Commission's guidance on public benefit at our trustee's meetings.

Home-Start Erewash is a family support charity who wants to see a society in which every parent has the support they need to give their children the best possible start in life and enable parents to achieve fulfilment in their own lives.

We work with families with young children who are marginalised because of the many challenges they are facing, which include poor parental mental health, limited parenting skills and social isolation. Our aims are to

The backbone of our service is our volunteer home-visiting support, which is tailored to the needs and circumstances of the family. This may take the form of practical or emotional support for parents .Many of the volunteers are parents themselves and have all been through a comprehensive training programme.

We have developed an expertise in supporting parents affected by poor mental wellbeing and have created several additional strands of support to suit the needs of the parent. Home-Start is focused on early intervention and prevention and exists to safeguard, protect and preserve the good health, both mental and physical of children and parents of children. Home-Start Erewash is committed to the 2010 Equality Act and 1998 Human rights Act by developing a culture that respects equality and human rights and welcomes and values diversity in all aspects of our work. Our commitment to equal opportunities and the fundamental rights of individuals is at the heart of our work.

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE

At Home-Start Erewash, everything we do is about creating connections and building supportive relationships. By helping parents with young children, we strengthen those precious parent-child bonds that shape happy, healthy futures.

These early years are so important, and we're proud to be there for families when they need us most. Despite the challenges of rising living costs and the ongoing impact of the pandemic, our focus remains clear: helping families grow stronger together.

Highlights from 2023-24

The feedback from families is important to us. Parents tell us how our programs boost their confidence, strengthen their relationships, and improve their well-being. Watching families grow and flourish is what it's all about for us.

Our Amazing Team and Volunteers

Our volunteers are the heart of Home-Start Erewash. Last year, they gave over 5,000 hours of home-visiting support, offering a friendly ear, practical help, and reassurance to families. Their dedication leaves a lasting impact, and we couldn't do it without them.

We are a small but mighty team of six staff members, combining expertise with warmth and care. Together with our volunteers, we make a real difference in the lives of local families. To help us meet growing demand, we partnered with Derby University, welcoming social work students for placements. Their enthusiasm and fresh perspectives have been invaluable. As one student shared:

"This placement opened my eyes to the power of the voluntary sector in building meaningful relationships."

This year, we were delighted to receive the Investors in Volunteers Award, recognising the training and support we provide to our volunteers. It's a reflection of how much we value their incredible contributions.

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 MARCH 2024

Looking Forward to 2024-25

We are excited about what's ahead! Here's what we're planning: Expanding our programs to support school readiness and perinatal mental health, ensuring we can reach even more families.

Introducing new training for volunteers to help them support families with school readiness and infant mental health.

We're committed to evolving with the families we support, ensuring that every child has the best possible start in life. Together, with our amazing community, volunteers, and staff, we'll continue making a difference-one family at a time.

Bren Butler - Manager

FINANCIAL REVIEW

Reserves

The charity has a policy as to the level of unrestricted reserves held and aims to strive to provide and maintain a figure, of 3 months running costs. At the year end the Charity had unrestricted general reserves excluding fixed assets of £84,696.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Home-Start Erewash is based at 6 Heanor Road, Ilkeston, Derby, DE7 8DX, which is the company's registered office and the principal address of the charity. Home-Start Erewash is a company limited by guarantee and not having a share capital (company registration No. 5303098) and Registered Charity (No. 1107411). The Charity's governing document is the Memorandum and Articles of Association.

Trustee selection methods

An assessment has been made to discover those skills required by the Organisation. Efforts are made to recruit trustees who meet the skill requirements of Home-Start. The Trustees are responsible for scheme governance and the employment of staff. They are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources. It is also responsible for maintaining proper ongoing accounting records which show with reasonable accuracy the financial position of the charitable company and for safeguarding assets.

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 MARCH 2024

Risk management policy

The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future. However the Trustees consider that the continuing uncertainty over funding levels constitutes a significant residual risk to our present level of operation if we are not successful in negotiating more sustainable funding. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery of our services to families. The policies are periodically reviewed to ensure that they still meet the need of the charity.

Independent Examiner

Mark Newey, of Derby Community Accountancy Service will continue in office as independent examiner for the ensuing year.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006.

Registered office: Signed on behalf oft he Signed on behalf oft he trustees
Home-Start Erewash
6 Heanor Road
Ilkeston
DavidFisher <\
_
~~,~~
Derbyshire DavidFisher
DE78DX Trustee

Approved by the trustees on 16[th] December 2024

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

YEAR ENDED 31 MARCH 2024

Independent Examiner's Report to the Trustees of Home-Start Erewash

I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 8 to 17.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

Mark Newey

Mark Newey Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby

Date 16 December 2024

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HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2024

Unrestricted
Restricted
Total Funds
Year to 31
Total Funds
Yearto 31
Funds
Funds
Mar2024
Mar 2023
Note
£
£
£
£
Income from:
Donations
3
9,099
9,099
5,234
Investment income
5
1,963
1,963
752
Grants receivable
4
21,944
125,284
147,228
182,728
Other income
Total incoming resources
33,006
125,284
158,290
188,714
Expenditureon
Raising Funds
Charitable activities
25,520
153,946
179,466
216,808
Total resources expended
6
25,520
153,946
179,466
216,808
Net incoming/(outgoing)
resources before transfers
7,486
(28,662)
(21,176)
(28,094)
Transfer between funds
Net movement in funds
7,486
(28,662)
(21,176)
(28,094)
Funds brought forward
77,210
85,373
162,583
190,677
Funds carried forward
84,696
56,711
141,407
162,583
Unrestricted
Restricted
Total Funds
Year to 31
Total Funds
Yearto 31
Funds
Funds
Mar2024
Mar 2023
Note
£
£
£
£
Income from:
Donations
3
9,099
9,099
5,234
Investment income
5
1,963
1,963
752
Grants receivable
4
21,944
125,284
147,228
182,728
Other income
Total incoming resources
33,006
125,284
158,290
188,714
Expenditureon
Raising Funds
Charitable activities
25,520
153,946
179,466
216,808
Total resources expended
6
25,520
153,946
179,466
216,808
Net incoming/(outgoing)
resources before transfers
7,486
(28,662)
(21,176)
(28,094)
Transfer between funds
Net movement in funds
7,486
(28,662)
(21,176)
(28,094)
Funds brought forward
77,210
85,373
162,583
190,677
Funds carried forward
84,696
56,711
141,407
162,583
Unrestricted
Restricted
Total Funds
Year to 31
Total Funds
Yearto 31
Funds
Funds
Mar2024
Mar 2023
Note
£
£
£
£
Income from:
Donations
3
9,099
9,099
5,234
Investment income
5
1,963
1,963
752
Grants receivable
4
21,944
125,284
147,228
182,728
Other income
Total incoming resources
33,006
125,284
158,290
188,714
Expenditureon
Raising Funds
Charitable activities
25,520
153,946
179,466
216,808
Total resources expended
6
25,520
153,946
179,466
216,808
Net incoming/(outgoing)
resources before transfers
7,486
(28,662)
(21,176)
(28,094)
Transfer between funds
Net movement in funds
7,486
(28,662)
(21,176)
(28,094)
Funds brought forward
77,210
85,373
162,583
190,677
Funds carried forward
84,696
56,711
141,407
162,583
Unrestricted
Restricted
Total Funds
Year to 31
Total Funds
Yearto 31
Funds
Funds
Mar2024
Mar 2023
Note
£
£
£
£
Income from:
Donations
3
9,099
9,099
5,234
Investment income
5
1,963
1,963
752
Grants receivable
4
21,944
125,284
147,228
182,728
Other income
Total incoming resources
33,006
125,284
158,290
188,714
Expenditureon
Raising Funds
Charitable activities
25,520
153,946
179,466
216,808
Total resources expended
6
25,520
153,946
179,466
216,808
Net incoming/(outgoing)
resources before transfers
7,486
(28,662)
(21,176)
(28,094)
Transfer between funds
Net movement in funds
7,486
(28,662)
(21,176)
(28,094)
Funds brought forward
77,210
85,373
162,583
190,677
Funds carried forward
84,696
56,711
141,407
162,583
Unrestricted
Restricted
Total Funds
Year to 31
Total Funds
Yearto 31
Funds
Funds
Mar2024
Mar 2023
Note
£
£
£
£
Income from:
Donations
3
9,099
9,099
5,234
Investment income
5
1,963
1,963
752
Grants receivable
4
21,944
125,284
147,228
182,728
Other income
Total incoming resources
33,006
125,284
158,290
188,714
Expenditureon
Raising Funds
Charitable activities
25,520
153,946
179,466
216,808
Total resources expended
6
25,520
153,946
179,466
216,808
Net incoming/(outgoing)
resources before transfers
7,486
(28,662)
(21,176)
(28,094)
Transfer between funds
Net movement in funds
7,486
(28,662)
(21,176)
(28,094)
Funds brought forward
77,210
85,373
162,583
190,677
Funds carried forward
84,696
56,711
141,407
162,583
Unrestricted
Restricted
Total Funds
Year to 31
Total Funds
Yearto 31
Funds
Funds
Mar2024
Mar 2023
Note
£
£
£
£
Income from:
Donations
3
9,099
9,099
5,234
Investment income
5
1,963
1,963
752
Grants receivable
4
21,944
125,284
147,228
182,728
Other income
Total incoming resources
33,006
125,284
158,290
188,714
Expenditureon
Raising Funds
Charitable activities
25,520
153,946
179,466
216,808
Total resources expended
6
25,520
153,946
179,466
216,808
Net incoming/(outgoing)
resources before transfers
7,486
(28,662)
(21,176)
(28,094)
Transfer between funds
Net movement in funds
7,486
(28,662)
(21,176)
(28,094)
Funds brought forward
77,210
85,373
162,583
190,677
Funds carried forward
84,696
56,711
141,407
162,583
33,006 125,284 158,290 188,714
25,520 153,946 179,466 216,808
25,520 153,946 179,466 216,808
7,486 (28,662) (21,176) (28,094)
7,486
77,210
84,696
(28,662)
85,373
56,711
(21,176)
162,583
141,407
(28,094)
190,677
162,583

The charity has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the charity are classed as continuing.

The notes on pages 9 to 16 form part ofthese financial statements.

-7-

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

BALANCE SHEET

31 MARCH 2024

Fixed assets
Note
Tangible assets
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due
within one year
11
Net current assets
Total assets less current liabilities
Net assets
Funds
Restricted
12
Unrestricted - general reserves
12
Unrestricted - designated reserves
12
TOTAL FUNDS
2024
£
141,407
141,407
£
141,407
2023
£
169,547
169,547
6,964
£
162,583
141,407 162,583
141,407 162,583
56,711
78,544
6,152
85,373
71,058
6,152
141,407 162,583

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

These financial statements were approved and authorised for issue by the members of the committee and are signed on their behalf by:

David Fisher

Date of Approval: 16 December 2024

David Fisher Trustee Company Registration Number 5303098

The notes on pages 9 to 16 form part ofthese financial statements.

-8-

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Company information

Home-Start Erewash is a company limited by guarantee not having a share capital. The company's registered office is, 6 Heanor Road, Ilkeston, Derbyshire, DE7 8DX. At the end of the year there were 5 Trustees, each of whom, under the terms of the Memorandum and Articles of Association, had undertaken to contribute the sum not exceeding £1 in the event of a winding up of the company.

These accounts have been prepared in accordance with FRS 102, "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102"), "Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102.

The accounts are prepared in Sterling which is the functional currency of the company Monetary amounts in these financial statements to the nearest £.

The accounts have been prepared on historical cost convention apart from freehold property that is carried at market value. The principal accounting policies adopted are set out below.

The accounts for the year ended 31 March 2024 are prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2015.

1.2 Going concern

At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable Funds

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

-9 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

1.4 Incoming resources

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in the support of the charitable activities.

Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash and cash equivalents

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement 1s recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

-10 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

1.11 Taxation

The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

1.12 Depreciation

Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:-

Asset category Annual rate

Fixtures and Fittings 25% Buildings 2%

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the directors 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 estimated and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

3. Donations & Fundraising

Church Wilne Rotary Club
RG Hill
Friends of Homestart Erewash
CAF
Nottingham Energy Partnership
All Saints Church
Church of Christ Ilkeston
Fundraising
Other donations
Bates Charitable Trust
Owen Willis Charitable Trust
Total Funds
Total Funds
Unrestricted
Restricted
Year to 31
Year to 31
Funds
Funds
Mar 2024
Mar 2023
£
£
£
£
2,800
2,800
2,000
2,000
1,423
1,423
200
200
50
50
80
80
250
250
350
1,620
1,620
2,372
676
676
12
500
2,000
9,099
9,099
5,234

-11 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

4. Grants

Grants receivable
The National Lottery Community Fund
Public Health Children & Young People
Severn Trent Water
BBC Children In Need
Derbyshire MIND
GEM Radio(Bauer)
Costco
East Midlands Airport
Homestart UK Breathing Space
Albert Hunt
Cadent Grant
Derby University
Co-op
Alchemy Foundation
Bates Charitable Trust
Henry Smith Charity
Erewash Borough Council
Derbyshire Mental Health Forum-
Erewash Voluntary Action
Home-Start UK- Empowering Women
(White Stuff)
Unrestricted Restricted
Total Funds
Year to 31
Total Funds
Year to 31
Funds
£
Funds
£
Mar2024
£
Mar 2023
£
61,021
61,021
123,143
18,430
18,430
19,847
19,847
14,750
14,750
4,816
4,816
4,200
4,200
6,585
1,500
1,500
720
720
7,466
7,466
5,000
5,000
4,375
4,375
2,560
2,560
1,043
1,043
1,000
1,000
500
500
42,500
1,000
5,000
4,500
21,944
125,284
147,228
182,728

5. Interest receivable

Interest receivable
Year to 31 Year to 31
Mar 2024 Mar 2023
£ £
Bank interest receivable 1,963 752

-12 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

6. Total resources expended

Total resources expended
Staff costs
Travel & volunteer costs
Training & recruitment
Advertising & Promotion
Activities and resources
Equipment
Insurance & utilities
Telephone & stationery
Maintenance & equipment
Subscriptions & fees
Consultancy
Sundry costs
Rent and room hire
Administrative expenses
Bank charges
===
""0',-(-.:I"
C: !"'l M
.,.. M
-'o;""'"e"l'l
i;..;::..i
£
140,870
3,597
75
1,852
8,939
459
2,597
4,461
416
1,245
4,101
6,691
3,886
277
179,466
cd !il
""C'i .....
§
µ..0 0
s-::: N
£
147,830
4,129
3,501
963
18,394
2,585
4,540
4,772
6,555
10,414
6,690
6,217
218
216,808

Expenditure on charitable activities was £179,466 (2023: £216,808) of which £153,946 was restricted (2023: £208,356).

7. Net (expenditure)/income

Net (expenditure)/income for the year is stated after charging/(crediting):

Net (expenditure)/income for the year is stated after charging/(crediting):
2024 2023
£ £
Independent Examiner's Fees 850 850

8. Directors and key management personnel

During the year no trustee received payment for travel expenses.

The key management personnel of the charity consist of the trustees, the Chief Executive Officer and other members of the senior management team.

-13 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

9. Employees

No employee earned more than £60,000 per annum.

The average number of staff employed by the charity during the financial year amounted to:

Year to Year to
31Mar 31 Mar
2024 2023
No No
Direct Charitable Staff 6 6
6 6
The aggregate payroll costs were:
Year to 31 Year to 31
Mar 2024 Mar2023
£ £
Wages and salaries 119,322 116,771
Social security costs 3,843 11,059
Pension costs 17,705 20,000
140,870 147,830
10. Debtors
2024 2023
£ £
Other debtors
11. Creditors: Amounts falling due within one year
2024 2023
£ £
Other Creditors 6,964
HM Revenue and Customs
6,964

-14 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

12. Statement of funds

General reserve
Designated reserve
Total unrestricted funds
Henry Smith Charity
National Lottery Community Fund
National Lottery Community Fund
Public Health and Young People
Severn Trent Water
BBC Children In Need
Derbyshire MIND
Costco
GEM Radio (Bauer)
East Midlands Airport
Total restricted funds
Total funds
At
At
1 April
2023 Incoming
Outgoing
Transfers
31March
2024
£
71,058
£
33,006
£
(25,520)
£
£
78,544
6,152
6,152
77,210
33,006
(25,520)
84,696
6,349
(3,536)
2,813
(1,685)
1,685
80,709
61,021
(128,084)
(1,685)
11,961
18,430
(10,276)
8,154
19,847
(5,630)
14,217
14,750
14,750
4,816
4,816
1,500
(1,500)
4,200
(4,200)
720
(720)
85,373 125,284
(153,946)
56,711
162,583 158,290
(179,466)
141,407

Designated Funds

The designated fund is to pay for staff redundancy costs.

Restricted Funds

The Henry Smith Charity funded volunteer home-visiting and core activities.

The National Lottery Community Fund funded volunteer home visiting and activities and groups to improve parental mental wellbeing.

Public Health funded Embrace and Sunflowers groups and home-visiting support.

-15 -

HOME-START EREWASH COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

Severn Trent funded core family support costs

BBC Children in Need funded core family support costs

Derbyshire Mind funded art for wellbeing sessions for parents.

Costco funded connection cafes

GEM Radio ( Bauer) funding was provided to purchase and distribute supermarket vouchers to those families most impacted by the cost of living crisis.

East Midlands Airport funded garden seating for group activities

13. Analysis of net assets

Unrestricted funds
Tangible
fixed assets
£
General reserve
Designated reserve
Restricted funds
Henry Smith Charity
National Lottery Community Fund
Public Health and Young People
Severn Trent Water
BBC Children In Need
Derbyshire MIND
Other
net assets
£
Total
£
78,544
78,544
6,152
6,152
2,813
2,813
11,961
11,961
8,154
8,154
14,217
14,217
14,750
14,750
4,816
4,816
141,407
141,407

14. Related party transactions

The charity had no related party transactions that required disclosure.

-16 -