Cornpany registration niimber". 05299096 Charity registration number.. 1107504 Home-start South Leicestershire (A company limiied by guarantee) Annual Report alld Financial Statements for the Year Ended 31 March 2023 CoJnniut]ity Accounting Plus Units l & 2 North West 41 Talbot Street NGI 5GL
Home-start South Leicestershire Contents Reference and Administrative Details Trustees, Report 2to9 Independent Examiner's Report Statement of Finat]cial Activities 11 to 12 Balance Sheet Notes to the Financial Statements 14to27
Home-start South Leicestershire Refer¢n¢¢ and Administrative D¢tails Trustees Judith Ann Hartland. Chair Alison Dyke, Vice Chair Rebecca Rusch. Treasurer MaruFaret tQallow Keith Leonard Chaffer Darren Carter Lauren Jeffery Sarah Saltinstall Grace Lane Secretary Erika Luca5 Senior Management Stella Renwick. Charity Developmeni Manager Registered Office 121 Coventry Road Market Harborough Leice5t¢r5hire LE16 9BY Company Registration Number 05299096 Charity Registration Number 1107504 Independent Exk)miner John O'Brien, employee of Community Accounting Plus Units l & 2 North West 41 Talbot Sireet Noitingham NGI 5GL Page I
Home-start South Leicestershire Trusl¢¢s' Report The trustees. who are directors for the purposes of company law, present the aiinual report together with the financial 5tatement5 of the charitable cotnpany for the year ended 31 March 2023. Trustees and officers The trustees and officers serving during the year and sin¢e the year end were as follom's.. Trustees Margaret Kallow Judith Ann Hartland Keith LeOn[d Chaffer Rebecca Rusch Lauren Jeffery Alison Dyke Darren Carter Grace Lane (from 0610912022) Sarah Saltin5tall (from 0610912022) John Philip Day (until O?108120221 Deborah Bennett (until ?110412092) Laura Wilding (Iintil 23105120231 Structure? governance and management Nalure ufgovernin¥ documenl The charity is a company limited by guarantee and registered charity. It is operated under the njles of its memorandum and articles of association dated 2110812004. It has no share capital and the liability of each member in the event of winding-up is limited to £ l. Recruilmenl and appoinlmenl oltruslees Homc-start South L¢iccstcrshir¢ has a Trustee Recruitment Procedure which oiitlines the process by whi¢h Tru%tees are recruited and appointed. Recruitment is b}, hoth advertisement and recommendation. Selection is conductcd after submi%sion of a CV M'ith an accompanving persoT]al statement relating to their motivatii)n for becoming a Triistee with oiir charity gnd confiTmatioll of 2 referees who ma}. be contacted if the application is succe%sfiil at the initial stage. Checks are also made at this sia£e against the Insi)Ivency Service, Coinpani¢s House and the Charity Conimission for aiiy disqualification records. Additional checks are made of any other charitie5 the applicant declare5 an involvemeiit with. An infomial di5CUssion with the Charity Development Manager and Chair is the next Step. Following thi5, guest atteiidaiice at a Board meeting is required. At this stage, if the prospective trustee is willing to continue with their application, a decisioii to accept or decline the application will be made by the existints Board n)en)bers in private. A ctsnsensus decision is preferred, but a majoiitj vote may be used. Appointment is then subjett to appropriate DBS Check at enhanctd level lor working with children, ieceipt of two suitable ieferences, and eoinpletioii of the Trustee Eligibility Declaration. Page 2
Home-start South Leicestershire Trusl¢¢s' Report Objectives and aetivities Objects The fonnal objects of the Charity are.. a) to 5afe¥iiard, protect and pre5etTre the good health, both mental and physical of children and parent5 of children.. b) to prevent crnelty to or Inaltreatment of children., e) to relieve gickness. poverty and need amongst children and parents of children., d) to promote the education of the public in better standards of child care within the area of Harborough District and lis environs. Ohjectives, 51rulegies and urtivilies Home-start Souih Leicestershire is a Vliluntary organisation committed to promoting the welfare of families with young children. Volunteers and staff work with families under stress 10 offer regular support, guidance, and practical help, much of which is delivered within families, own homes or within the local community. The provision aim5 to reduce family stress, protect the welfare of children, and prevent family breakdown. Our inain activitie5 include.. One-to-one bespoke support for families in the home or community. Specific groups for pareiits in dillicult circuinstances io attend with their pre-school children. Courses lor parents to improve their knowledge and strategies within their parenting role. In addition, we recruit, train and support a large team of volunteers who ¢entral to som¢ of these activities, and provide invaluable additional support to other activities. Publle beneJ71 All our services for childrei) and fainilies are delivered free of charge to thein. and we follow an outcomes Iramework incorporated into our Theory of Change niodel to explaii) our principles of delivery, and the benefits of our projects and services to enhance the lives of fainilies facing a range of difficulties who live withii) Harborough District. We also have an established Outcomes Measurement Framework through which we record and report on how, we recognise when these benefiis have been achieved. The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 3
Home-start South Leicestershire Trusl¢¢s' Report Chair'5 Report As we emerged froin the ivorst of Covid. it becan)e clear that many families were in need of and appreciated the support given by Home-start South Leicestershire. whether through contacts via the WhatsApp group. online activities for children. phone calls from staff. deliveries of essential items or Ineetings with volunteers in open spaces. When would it all be over w'e wondered? Thrliughout this time our team worked tirelessly to address the situation with staff working flexibly between home and ihe otTice and maintaining as Inuch personal Clintact with families as possible. Gradually resirictions eased and face-to-face contact became possible again. Unfortunately, as we all know, the crisis did not stop there biit we have remained steadfast alld illventive in our approach to families gnd their needs. This year, we have seen the end of the Young Parents, project, which had limited funding. and we're sorry to say goodbve and thank you to Shelene for her ivork. However. this does not mean these yoiing people's needs have gone away and we are pleased that some of them have been referred onto other projects so that their support can continue. Our new Pla}'_Full Families project has made a succes5fi11 start, focu5sing on the importance of play in children s development. This includes i¥'orkin£ with Some priinary schools, a new ventUTe for this Home-start. Durin¥ Covid. we were 501ry to lose 501ne of our amazing volunteers whose help is integral to what we do but 'e have been working hard to recruit nem. one5. Last year we were delighted to receive a Lord Lieutenant'5 Community and Busines5 Award as part of the PlatinuTll Jubilee celebration5, recognitioii not onlj. of the support given to familie5 in challen¥inu times but also an acknowledgement of the imagination and hard work of the whole team. In the current climate. we continue to adapt as necessary. The eost of living crisis has led to increasing deinands on sialy. one of which is the need for advice on rising bills and debt. In order to allow them to focus on children and family relationships. Stella worked with Citizens, Advice Leicestershire and Harborough District Council to produce a Financial First-Aid leaf]et which can be distributed to lamilies. and a training course for volunteers and staff. This has proved to be invaluable and is now. shared with Home-stan UK and some other local organisaiions are making use L)f it. Currently there is an emphasis on improving sustsinability of our charity, both financially and environmentally. Financially we are optimistic aLx)ut the future and have been able not only to remunerate staff and fund specific projects bui also to effect improvemenis to the Home-stan office and garden. In doing so, there is increased awareness of environmental issues such as heating and Unnecessary travel. Extending the use of IT for record-keeping and virtual meetings is just one way ill which change is being faciliiated. To progress fiirther, planning for the fiiture is essential and, to this end, we have been lucky. to have expen inpui from Barbara Armstrong, a sirategic planning consiiliani fiinded by Lloyds Bank Foiindation. The resiiliing plan will underpin our thinking in terms of financial stability, consolidg1ion of our exisiing work and guiding us towards a siistaii)able future. Most importantly.. it will enable us to maintain our esseiitial role of helping families with a wide variety of needs. None of this would be possible without the brilliant people who work for lls. Despite sonie personal issues over the last }'ear. the}. always go above and beyot]d what is expected of thein and a150 SUPPOrt each other. Particular Tnention Tnust go to Stella. Charity Development Man(i¥er: who never stops proniotiii¥ oui charity and oversees 11 aspeLts of its ork. Thank5 also to our stron¥ Board of Trusttes Thhts have become increasingly involved in bringiiig their speLialist knowledge to variou5 aspects of the charity's w'ork. Above all, though, we continue to work towards meeting the demands of a fast-changing and complex Stlety at the heart of which remain the parents and children who need our support. Page 4
Home-start South Leicestershire Trusl¢¢s' Report Our Activities and Service 2023-34 We continue to receive referrals from health visitors, fainily practitioners, other agencies, and from families themselves for our projects.. The Family Know-How Project- Thi5 project's key aim is to support families with complex needs who need 5UPPOrt to understand and develop liealth), fainily lifestyles & routines which ensure their children have the best opportunitie5 to thrive physically and emotionall),. The Family P05t Natal Illness Project - Thi5 project 15 foc115ed on those fainilies where there 15 a Suspected or diagnosed Posi Na[ Illness concem relating to one of the main care givers in ihe family. The Young Parents Project - This provides support io young parents (under 21 years) with a least one child under 5 years in need of additional support. This project ended on 3 1st March 202i as its current lunding came to an end and replacement funding was not available. The Play-Full Families Projeet - We staned our new project. which is funded for an initial 3 years from the National Lottery Community Fund in June 20?2. The project provides a response, using therapeutic play techniques, to children affected by Adverse Childhood Experiences (ACES) or Type 2 Trauma (persistent traum4 or as a result of a series of events or circumstances. rather than a one-off traumaiic incident) within the primary, school age range in Harborough Disirici. where families need additional help to support Iheir child. Covid-19 Period - Legacy of Alternative Services and Delivery Methods We have continued to retain some of the new developments from the covid-19 restriction periods. This includes a Buddyiii¥ Service, InatchingF compatible families with each other for ongFoing peer 5UPPOrt. We are a150 now able to be flexible in tem]s of oiir Family P05t Natal Illness course delivery, accommodating virtual attendance aloiigside face-to-face atteiidance where nece5sarv. So we have retained element5 of our'connect Toolbox, especially the following elements.. Goods Delii'eries We continued to deliver many essential items to families throughout the year from the food banks. the hygiene bai)k. and doi)ations of items including Christmas gifts through Toys oli the Table. Christmas Present donaiions from BT, and knitted teddies from the Market Harborough Mothers, Union. Course5 for PareNt5 More families have been able to attend the Post Natsl Illness course because of the virtual option. With the Famil}, Know-How lifestyleslcooking course the use of the What's App group developed when the course was remote continues to be well used with families sharing their successes and encouraging each other. Outdoor Groups Some groups are planned for outdoor venues on occasion when the weather forecast is promising, which gives families confidence to access the local facilities themselves in fiiture. Buddving Seri'iee This service continues to be a useful additional resource where families with something in common are invited to buddy together for meet ups or What's App groups, with staff ensuring the relationship is niutually beneficial for an initial period of time. Page 5
Home-start South Leicestershire Trusl¢¢s' Report On-line Support and Information Our teani continued to deliver on-liiie support primarily through Facebook with activity ideas and 50urce5 of 511PPOrt regularly posted. Additional song-tiine and story-time videos ii'hich we created over the past few years continue to be shared from our YouTiibe channel. Ei)gauetnent throu social media ha5 fallen away 5ig5nificaiitly compared to during covid-19 re5trictioii times. Volunteer Involvement There has been a significant level of volunteer involvemeni within Home-stsrt Souih Leicestershire and successful recruitmeni of an additiong18 volunteers in spring 2022 and 6 volunteers in autumn ?022. At the end of 2022-23 ive have 38 active family support volunteers, 10 Triistee volunteers, and 15 additional volunteers in non-family support roles {Friends, Patrons, Charity Support Volunteers). Family support volunteers are those directly involved in supporting the delivery of our services, across all the projects. All volunteers have been recruited through a selective and vetted process and undertake a comprehensive Course of Preparation trdining over S sessions. We now incoTporate the Solihiill Approach Foundation Certificate course (University Hospitals BimiinghEll NHS Foundation Trust} into oiir Coiirse of Preparation as a requirement. Volunteer supervision sessions were ongoing throiighout the year, in accordance with our HoTne-Start UK Standards for frequencv. and in addition, ¢ held an event in 5uminer to celebrate and reward voluiiteeT5 involved - Volunteer5, Week "Celebration of Comniitment" (09.06.22). We were also deli¥hted to be able to provide our Volunteer Chri5trnas Lunch once again after a hiatus of 501ne years on 07.12.22. Volunteers and wider supporters also received a temily newsletter. We do noi anticipate any significant issues for our organisatioii in the coming year (2023-241. We are hopeful of being able io continue our post-covid provision as we have done throughout 2022-23. subject to ongoing monitorii)g of the covid-19 situation. We are aware that our services will reduce due io the ending of our Young Parents Project in March 202J however. our newest project. Play-Full Families, will be entering its second year of lis Ihree-year funding from the National Loiiery in July 2023 and is proving very successful. Page 6
Home-start South Leicestershire Trusl¢¢s' Report Financial revie Treasurer's Report l am delighted to present my Treasurer's report for Home• Start South Leicestershire foi the period fron) 1st Apiil 2022 until i I st Maich 202i, a year when the Continuation of the Covid-19 pandemic and ewer-increaging Cost-ol'.Living Crisis aftected oiir Charity and the fan)ilies living within the Haiborough District. This is in additioi) to the continued challenges faced when fiindraising for the charity, with regular reiteration of plans required and tierce competitioi) of funds. limiting the chance of success. As a result, our income CL)ntinued to be made up L)f a wide range of grants and donations. Most notable were grants from The National Loitery, Market Harborough & The Boivdens Charity, East Leics & Rutland CCG and Lloyds Bank Foundation, alongside additional support from HarL)orough District Council and Leicesiershire County Council, all L)f ivhich enabled the continuaiion of ihe core vital projects in place - the 'Family Know How, and -Family Posi Naial Illness. projects, as well as supporting continuation of the Young Parents Project and the commencement of our ne. Play-Full Families Project. Additional grants came from a wide range of Trusts and Foundations, and we are grateful for the unsolicited support from The Na Mokulua Charitsble Trusi, a local family Trust. We have also benefited from significant capital funding from Sevem Trent Community Foundation and Screw Fix Foundation 10 improve our back garden facilities this year, making them much safer. robust, and wilh a biodiversity focus. Our thanks to 'Jon Elliott Gardeii Designs, for working so closely and flexibly with us to turn the plan into reality- Local groups and orgEiSatIOnS to thank this year include Theddingworth Women's Institute, The Blaston Show, and The Market Harborough and Lutterworth Lions Cliibs. The later jointly paid for a much needed replaceTnent washing machine to help us keep resources hygienic. Geiierous local coinpany support has coine from CMS CEPCOR Ltd. Dorte Kjaerlllff PhotObTraphy, Punch Cotnmunications Ltd and Willeii Ltd. SigFnificant donation5 from iiidividuals came from Mrs Taylor who ha5 repeatedly supported us, and we are always gFratefiil to our regular monthl), or one-off donors via our on-line donation route. Total incoine for the )'ear wa5 £315,741 and I would very much like to thank all the fundeTS, volunteers and donors for their supptsrt to achieve this. Our accounts show a surplus of £39,526 for the year. which is inelusive of depreciatioi) on our premises and other assets as well as The National Lottery grants received to fund the 'Play-Full Families, and 'Post Natal Illness, projects into next year. As such. when excluding these two fully funded projectg, our free (unrestricted) reserves at i I st March 202) are over £105,000 and as such are maintained at around 6 months, worth of our total budgeted expenditure for 202312024, as per our Reserves Polic!. This alongside a high number of grants already secured for 20?3124 means we are in a very secure position entering inio 2023-24, allowing us to be very confident for another }'ear's continuation of services. I w'ould like ro take this opportunity to again thank our Finance Manager. Charlotte Sandford for her continued dedication to the Charity folloiving her return from materniiy leave. l also waiit to thank Stella Renwick. our Chariti, Development Manager, and Elizabeth Keengn, our Fundraising Assistant, as without their continued success in ensuring we meet our financial targets despite the increased competition of funds and Cost-of-Living strains placed on individual donors, Home-start would not be in the same position 10 support the community as it currently is. Rebecca Rusch, Treasurer Page 7
Home-start South Leicestershire Trusl¢¢s' Report Poliry on reserves The Tru5tee5 review the charity's need for re5etTres regularly, in line with guidaiice issued by the Charity Cotnmissioii and Home-start UK. We have ayeed that futjds should be set aside (these are 'free reserves .hich exclude both restricted fund5 that we have been gliven for a specific PUTpose, our designated funds and the value of our fixed assets. such as the property we own and our office equipment) to cover at least 6 months of luture ongoing resources expended, excluding the costs of any short-tenn projects. Imveslnienlpolicj and &bjeclives Any surplus funds are held in our current account or in interest bearing investment accounts, and the interest earned in these accounts is used in the rtheranec of our Charitahle activities. The Triistees disciiss and agree the most appropriate accounts for investing our reserve funds, to ensur¢ we maximis¢ the interest we earn on our reserves at minimal risk io th¢ charity. The Trustees also examine the major strategic bu%iness and operational risks 'hICh the charity might face in th¢ next two to three years and confirm that systems have been established to enable reiFular report5 to be produced for the Board of Trustees so that necessary steps can be taken to eliminate, lessen or insiire aLFainst these risks. As part of these regFular revieM."s the charity holds a stratebFic planningF IneetinbF with Board members. staff and volunteers, reviewin(T the charity's perfollnance and futiire challenLFe5 and setting out oiir longer term gFoals for the next three years, including our targets for fi]nd raising. Small cornpanies proi'ision Statement This report has been prtpaied in accordance with the sinall companies regime under the Companies Act 2006. Statement of Responsibilities The trustees (who are also the directors of Home-start South Leicestershire for the purposes of ctsmpany law) are responsible for preparing the trustees. report and the finai)¢ial statements in accordance with applicable law and Ui)ited Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin¥ Prattice), including FRS 102 "The Financial Reporting Standard applicable in tl)e UK ai)d Republic of Ireland" Tl)e report and accounis have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources: including it5 income and expenditure, of the charitable company for that period. In prcpariiig these financial statements, the trustees are required to: select suitable accouiitin¥ policies and apply them con5iStently.' observe the meihods and principles in the Chariiies SORP. make jiidgements and estimates that are reasonable and pdent. state whether applicable accounting standards. coinprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements", and prepare the financial statements on the going concern basis unless it is inappropriate to presiime that the haritable Company will continue in business. The trustees are responsible for keeping proper accountii)gF records that can disclose with reasonable accuTacy at any time the financial position of the charitable conipany aiid enable them to ensure that the finai)cial stateTneiits eoinply with the Compaiiies Act 2006. They are alsts responsible ftsr safeguardin¥ tl)e assets of the charitable eoinpany and l)ence for taking reasonable steps for the prevention and detectioii of fraud and other iriegularities. Page 8
Home-start South Leicestershire Trusl¢¢s' Report The trustees are responsible for the maintenance and integrity of the COTporate and finai)cial infom]ation included on the charitable company's web5lte. Legislation governing the preparation and dissemination of financial Statements may differ from legF151ation in other jurisdictions. The annual report was approved by the trllstees of the charity on . 29IOW2023 . and signed on its behalf by.. Judith Ann Hartland Trustee Page 9
Home-start South Leicestershire Ind¢p¢ndent Examiner'$ Report to th¢ trustees of Home-start South Lei¢e$t¢rshir¢ ('th¢ Company,) Independent examiner's report to the tru5tee5 of Horne-start South Leiee5ter5hire ('the Compan} ) I report to the charity trustees on my exainination of the accounts of the company for the year ended 31 March 2023. Responsibilities and basis of report As the charity'5 trllstee5 of the Compan}. land a150 Its directors for the PUTposes of company law) you are responsible for the preparation of the account5 in accordance with the requirements of the Companies Act 2006 {'tlie 2006 Act,). Having 5at15fJed myself that the account5 of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for indepei)dei)t exainination. I report in respect of my examination of your charity's accounts as carried out ui)der section 145 of the Charities Act ?01 l {'the 2011 Act,). In carrying out my exaniination I have followed the Directions given by the Charitv Commission under section 145(5Mb) of the 2011 Act. Independent examiner's 5tutement Since the Companv's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 201 l Act. I confirm that l am qualified to undenake the examination because l am a member and Fellow of the Association of Charity Independent Examiners. which is one of the listed Lx)dies. I have completed m}, exainination. I confim) that no matters have come to my attention in connection with the examination giving me cause to believe thai in any material respect.. accountinbF records were not kept in respect of the Coinpan), as required by section 386 of the 2006 Act., or 2. the accounts do not atcoid with those records," or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and faiw view which is not a matter considered gs part of an independent examination., or 4. the accounts have not been prepaied in accordance with the methods and principles of the Statemeiit of Recominended Practice for accountinbF and reporting by charities lapplicable to charities preparinb their accounts in accordance with the Financial ReportinbF Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems and have come across no other matters in conneciion with the examination to which airentilin should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Johii O'Brien MSC, FAIA, FCCA, FCIE, employee of Coinniunity Accounting Plus Felloiv of tlie Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date.. 2910812023 Page 10
Home-start South Leicestershire Statement of Finaneial Attivities for the Year Ended 31 March 2023 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Total 2023 Total 2022 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities Other trading aciiviiies InvestTnent incotne 53,155 545 4,446 2,650 53,155 255,490 4,446 2,650 68,384 142,471 2,018 1,026 254,945 Total income 60,796 254,945 i15,741 213,899 Expenditure on.. Charitable activities (64,492) (211,7231 (276.2151 (225,496) Total expenditure (64,492) (211.72)) (276.2151 {2?5,496} Net (expenditure)lincorne 13,696} 43,222 i9,526 (11,597) Net movement in fiinds lJ,696} i9,526 (11,597} Reeoneiliation of funds Total funds brought forward 267,080 20,693 287,773 299,370 Total ndS catTied fonvard 14 ?63,384 63,915 327,299 287,773 All of the charity's activities derive from continuing operations diiring the above two periods. The funds breakdown for the period is shown in note 14. The notes On pages 14 to 27 form an integral part of these financial statements. Page 11
Home-start South Leicestershire Statement of Finaneial Attivities for the Year Ended 31 March 2023 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) These are the figure5 for the previou5 accounting period and are included for comparative purposes Unrestricted Restricted Total funds funds 2022 Note Income and Endowments from: Donations and le¥acie5 Charitable activities Other trdding activities Investment income 68,384 68,384 142,471 142,353 2,018 1,026 1,026 Total income 71,546 142.353 213,899 Expenditure on.. Charitable activities (58,109) {167.J87} (225.496} Total expenditure Net incomel{expendiiure) Transfers between funds (58,109) {167.J87} {225,496} 13,437 (18,182) (25,034) 18,182 (11,597) Net movemei)t in funds (4,745) (6,852) (11,597} Reconciliation of funds Total funds brought forward 271.825 27,)45 299,370 Total funds carried forward 14 267,080 20,693 287,773 The notes On pages 14 to 27 form an integral part of these financial statements. Page 12
Home-start South Leicestershire (Registration number: 05299096) Balanee Sheel as at 31 Mareh 2023 2023 2022 Note Fixed assets Tangible assets 10 143,669 145,387 Current assets Debtors Cash at bank and in hand 4,607 212,897 20,544 215,679 12 217,504 236,223 Creditors: Amounts falling due within one year 13 (33,874) (93,837} Net current assets 183.630 142,386 Net assets J27 ?99 287,77i Funds of the charity: Restrieted income funds Restricied funds 14 63,915 20,693 Unrestrietcd ineome funds Unrestiicted funds 263.384 267,080 Total funds 14 327,299 287,77i For the financial year ending i l March 20?3 the charity wa5 entitled to exemption from audit under section 477 of the Compaiiies Act 2006 relating to sinall companies. Directors. responsibilities.. The members have not required the charity to obtain an audit of its accounts for Ihe year in question in accordance with section 476: and The directors acknowledgTe their responsibilities for complyin¥ with the requirernents of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the special provisiL)ns relating tl) CL)mpanies subject 10 the small companies regime within Part 15 of the Companies Aci 2006. The financial statemeiits on pages I I to 27 were approved by the trustees. and authorised for issue on 2910812023 . and signed Lin their behalf by.. Rebecca Rusch rrusiee The note5 on pages 14 to 27 fortn an integral part of these financial sLltement5. Page IJ
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Aeeounting polieies Sumrnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparaiion of these financial statements are sei out below. These policies have been consistently applied to all ihe years presented, unless otherwise stated. Statement of eomplik)nee The fingncial statements have been prepared in accordance with Accounting and Reporting by Chariiies.. Statement of Recommended Practice {applicable to chariiies preparing their accounts in accordance with the F inancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021) {issued in October 20191 (Charities SORP IFRS 102)), the Fillancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Aci 2006. Basis of preparation Hoine-start South Leicestershire ineets the definition of a public benefit entity under FRS 102. Asset5 and liabilities are it]itially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting polic), notes. Going coneern The financial statements have been prepared on a going concem basis. The trustees d5ses5 whetl)er the use of goiii¥ conLetli 15 appropriate i.e. whether tl)ere ale any material uncertainties related to events or conditions that may cast 5ignificdnt doubt oli the ability of the charity to coiitinue as a ¥oiiig LonLetn. The trustee5 tnake thi5 as5es5ment in respect of a period of one year frotn tl)e date of approval of the financial statements. Exemption from preparing a cash now 5tat¢ment The chariiy opted to early adopi Bulletin I published on 2 February 2016 and have therefore not included a cash flow sthtement in these financial siatements. Income gnd endowments Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has eniitlement io ihe income, li is probable thai the income will be received and the amouni can be nieasured wilh sufficieni reliabiliiy. Donations are recognised when the charity has been notified in mlting of both the amoiint and settlement date. lil the event that a donation is subject to conditions that require a level of perfonnance by the charity before the charity is entitlcd to the funds, the income is deferred and iiot recognised until either those conditions are fully et. or the fulfilment of those coiiditions 15 wholly Th'ithin the control of the charity. and it is probable that these conditions will be fulfilled in the reportin¥ period. Gr4nts reeelv4ble Grants are recognised when the charity has an entitlement to the funds and anj conditions linked ro the grants have been met. Where performance conditions are aitached to the grant and are yet to be met. the income is recognised as a liability and included on the balance sheet as deferred income to be released. Page 14
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Deferrgd illcome DefeTred income represents amounts received for tUre periods and 15 released to incotning resources in the period for which, it has been received. Such incoine is only deferred when.. The donor specifies that the grant or doiiation Inust only be used in future accounting periods; or The donor has imposed conditions which mugt be met belore the charity has unLonditional entitlement. Inveslnienl inconie Dividends are recognised once the dividend has been declared and noiification h&s been received of the dividend due. Expenditure All expenditure is re¢ognised once there is a legal or constructive obligation to that expenditur¢, it is probable settlement is required and the ami)iint can be measured reliably. All costs are allocated to the applicable expenditure hcading that aggregaie similar costs to that ¢ategory. Where costs cannot be dire¢tl}' attributed to particular headings they have been allocated on a basi% consistent with the use of resoiirces, with ¢¢ntrdl staff cost5 allocated on the basis of time spent, and depreciation chargFes allocated on the portion of the asset's use. Other 5UPPOrt costs are allocated based on the spread of staff costs. Chtsrlitsble aeilvliles Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs Ihat cali be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governent grants Government grants are reeognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs gre recognised. Grants relating to asseis are recognised over the expected useful life of the asset. Where part of a grant relaiing to an asset is deferred, it 15 recognised as deferred income. Pensions The charity operates a defii)ed contribution pension scheme for employees. The assets of the scheme are held separately from those of the Lharity. Pension L05ts charges in the Stateinent of Financial Activities represent the contributions pa)'able by the Lharit}' during the year. Taxation The charity IS Lonsidered to Pd55 the tests set out in Para¥r(Iph I Schedule 6 of the Finance Act 2010 and therefore ir meets the definition of a charitable coinpany for UK corporatioi) tax purposes. Accordingly, the charit5J is poieniially exempi from taxation in respect of income or capital gains received within cagorieS covered bj, Chapter J Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation ol- Chargeable Gains Aci 1992, 10 the extent ihai such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Page 15
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Deprceiation and amortisation Dcprcciation is calculatcd as to MTite off the cost of the asset, less its estimated residual value. over the use1 ¢conomic life of that asset as f(Trllows'. Asset cla55 Land and buildings Depreciation rnethod and rate 2 /0 per annum on cost 25 /0 per annum on reducing balance (fully depreciated when NB V falls to £10 or below) Other tangible fixed assets Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impaimient. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to Ihe original iernis of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call dep05lts, and other short-tenn highlv liquid investsneiits that are readily convertible to a knowii amount of cash and are subject to an insig]iifica]it risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classifjed as CUent liabilities if the charity does not have an unconditional right, at the end of the ieportin¥ period, to defer 5ettleineiit of the creditor for at least twelve months after the reportin¥ date. If there 15 an unconditioiial right to defer settlement for at least twelve months after the reporting date. they are presented as non-current liabilities. Trade creditors are reco¥ni5ed initially at the transaction price and 5llb5equently measured at atnortised cost usin¥ the effective iiitere5t method. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion iii furtherance of the objectives of the charity. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those grants for use in a particiilar area or for Specific purposes: the use of which 15 restricted to that area or puwse. Page 16
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 2 Income from donations and legacies Unr¢5tricted Total 2023 Total 2022 General Donations and legacies: Donations from Climpanies. trusts and similar proceeds Grants, including capiial grants.. Gtsvemment ¥rdnts Grants from other charities 28,705 28,705 48,094 13,500 10,950 13.500 10,950 20,290 53,155 53,155 68,384 3 Income from charitable activities Unrestricted fund5 General Restricted fund5 Total 2023 Total 2022 Sales & fees Room hire Sundry, receipts Grants and donations i88 143 14 388 14i 14 254.945 100 254,945 142,353 545 254,945 255,490 142,471 Page 17
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 4 Grants & donations Unrestricted Restricted fund5 Total The National Lottery Community Fund Leicestershire CC - Neighbourhood Mental Health Prevention Grant Leicester, LeiLeStersliire & Rutland Coinmunity Foundaiion Geiting Help In Neighbourhoods Mental Healih Fund Maiket Harborough & The Bowdens Charity Garfield Weston Foundation Leicestershire CC Hoiischold Support Fund Lloyds Bank Foundation for England and Wales AardS For All Wesleyan Foundation Sevtm Tient Community Foundation Howard Watson Symington Memorial Charity Screwfix Foundation 82,153 82,153 25,784 25,784 20,000 20,000 15,000 12,?11 10,133 i 0,000 9,964 9,902 5,000 5,000 4,600 4,430 4,157 20,000 20,000 15,000 12,211 10,133 i 0,000 9,964 9,902 5.000 5,000 4,600 4,430 4,157 The Carlton Hayes Mental Health Charity Home-starr UK- Whitesiuff Foundation National Grid Community Matters Fund Leicester. Leicestershire & Rutland Community Foundaiion - Making Local Life Better Market Harborough Building Society NHS Leicester. Leicestetshire & Rutland ICB - Make The Change Leicestershire CC Sport En¥land Families Fund Co-op Group Local Community Fund The Arnold Clark Community Fund Co-op Ceniral England Community Dividend Fund Tesco Community, Grant White Stuff Foundation via Home•Start UK- Warn) SpaLes Friendly Faces Harborough 2012 Lioiis Magic Little Grants - Postcode Community Trust HarborougFh District Council - Platium Jubilee Small Graiit 3,000 2,703 3,000 2,703 2,618 1,649 ,391 1,000 1,000 1,000 2.618 1,649 1,391 1,000 1,000 1,000 1,000 500 500 1,000 500 500 250 250 8,500 i,000 5,000 2,800 Harborough Distri¢t Council Leicestershire CC Shire Community Grant The Masonic Charitable Foundation Home-start UK- Brook Trust Grant The Sir Jules Thorn Cliaritable Trust- Ann Rylands 5n)all doiiations Punch Commut]ications Limited 8.500 5,000 5,000 2,800 2.500 2,500 2,500 2,500 Page 18
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Unr¢5tricted fund5 Restricted fund5 Total Llovds Bank Foundatioll for England and Wales- Cost Of Living Souter Charitable Trust Maud Elkinoton Charitable Trust Waitroge Ltd Comn)unity Matters The J R Corah Foiindation George Ernest Ellis Foundation The Alchemy Foundation Florence Turner Charitable Trusts Marsh Charitable Trust Sundry grants & donations 2,250 1,500 1,000 1,000 750 750 500 500 450 18,155 2,250 1,500 1,000 1,000 750 750 500 500 450 53,155 ?54,945 308,100 5 Income from other trading activitl¢S Unrtstri¢ted funds GenLral Total funds Total 2022 Local fundraisiii¥ and street collection income 4.446 4,446 2,018 4,446 4,446 2,018 6 Investment income Unrestricted fund5 General Total 2023 Total 2022 Interest re1vable and similar income; Interest receivable on bank deposits 2,650 1,026 Page 19
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 7 Expenditure on charitable activities Unrestri¢t¢d funds Designated General Restrict fund$ Total 2023 Total 2022 Clegning Depreciation EquipmenL repairs & renewals Fui)draisin¥ & publicity TTUStee expenses Indcpendent examination Insurance 2,449 1,718 500 107 2.449 1,718 20,914 107 2,076 2,302 15,474 39 60 1,020 1,467 3,094 670 13,707 310 2,706 17,708 1,020 1,555 2.817 189 237 1.020 1.555 2,817 2,837 24,246 287 IT Group costs Famil}, cosis Preinises maintenance Priiitin&T & Stationery Publications & subscriptions Home-starr UK contribution Rent & rates Staff expenses Staff training & recruitment Sundry, payments Telephone, inteTnet & posta¥e 2,648 24,009 287 1.647 50 1.647 50 469 46 5,683 1,207 1.494 3.385 595 926 2,231 2,615 i63 30,711 5.683 1,207 8,192 3,385 595 926 2.2i I 4,670 36) 189,316 4,584 1,207 8,130 2,341 161 997 1,026 2,746 100 163,204 235 6,698 Volunteer expenses Volunteer training Wages, Nl & pension Home salety Bank charge5 2.055 158,605 2,706 61.786 211,723 276,215 225,496 Page 20
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 8 Staff eosts The aggr¢gat¢ payroll costs were as follows.. 2023 2022 Staff £0s¢s during the year were: Wages and salaries Social security costs Pension costs 169,468 6,724 13,124 146,?68 i,516 11,420 189,316 163 ?04 The monthly average number L)f persons (including senior management team) employed by the charity during the year was as follows.. 2023 No 2022 No Average number of employees 10 11 (2022- 101 of the above employees participated in the tkfiiied Contribution Pen5ioiI Schemes. Contributions to the employee pensioi) heMeS for the year totalled £ li.12412022- £11,420). No ¢mploye¢ re¢eiv¢d emoluments of more thgn £60,000 diiring the yew. The tothl employee benefits of the key management personnel of the charity were £34.933 {2022- £33.598). 9 Trustees remuneration and exp¢ns¢5 No trustees. nor any persons connected with them, have received any remuneration from the charity during the year. Page21
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 10 Tangible fixed assets Land and building Other tangible rixed asset Total Cost At l April 2022 195,081 43,236 238.317 At 31 March 2023 195,081 43,236 238.317 Depreciation At l April ?022 Charge for the year At i l March 2023 56,565 36,365 1.718 92.930 56,565 38,083 94.648 Net book walut At i l March 2023 138,516 5.153 143,669 At i l March 2022 138,516 6.871 145,387 I l Debtors 2023 2022 Trade debtors Prepayments 4,025 582 20.000 544 4.607 20.544 12 Cash and cash equivalents 2023 2022 Cash on hand Cash at bank 364 212,53) 258 215,421 212,897 215,679 13 Creditors: amounts falling due within one year 2023 2022 Trade ¢reditors Other taxation and social securiry Other creditors Accruals Deferred income 3,166 2,549 2,588 11,472 14,099 15,802 1,238 76,797 33,874 93,837 Page 22
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 14 Funds Balance at I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unrestricted funds Gener1 General 106,557 60,796 (60,068) 107,285 Desigllrtled BuildInGarden - Maintenance & Repair Environmentsl Action Plan Improvements Tech IT- Hardware & Software Update5 Building and equipment {FA) Training 4,366 (1,069) 3,297 8.260 (1,375) 6,885 2,101 145,387 409 (262} 1,839 143,669 409 160,52J 14.424} 156,099 Total unrestrieted funds 267,080 60,796 (64,492) 263,384 Rtstri¢tcd funds Active Families Project All Projects Fainily Fund FKH Project- Course FKH Project- MH Area FKH Project PNI Projeci FKH Project- Lutterworth Youn¥ Pareiits Project Play-Full Fatnilies Watch Me Play Pilot Volunteer Costs Garden Project PNI Course PNI HV - Voluiiteer Cost5 Fit]ancial First Aid Gypsy & Traveller Outreach All Groups Washing Machine fvnd 1.715 1,667 1,32i 4,051 1,649 15,000 14,914 11,355 20,000 (3,364) (16,667) (15,497) (10,410) (20,000) (1,000) (36,115) {47} (22,023) (47,30J) 1466} (2,250) (13,549) 13,445) (500} 14.157} 14,430} (10,000) (500) 740 4,996 I,(x)o 55.384 19,269 47 10.890 82,15i 2,618 2,250 14,902 4,000 500 34,850 2,152 ,353 555 4,157 4,430 10,000 500 Total restricted funds 20,693 254,945 (211,723) 63,915 Total funds 287,773 315,741 {276,215} 327,299 Page 23
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 The specific purposes for which the funds are to be applied are as folloivs.. Building/Garden - Maintcnk)ncc & Repair- Reserves ring-fenced for the update. maintenance and repair of our building and the family garden. Environmental A¢tion Plan Improvements - Reserves ring-fenced for the update, maintenance and improvemenis to the property and its contents in keeping with our environmental policy. Teeh IT- Hardware & Software Updates- Reserves ring-fenced to allLlW Home-stsrt South Leicestershire to keep our Tech up-to-date. Volunteer Training- Reserves ring-fenced to siipport the cost of providing our volunteers with the appropriate training. Building and equipment (FA) - Fixed assets held to enable Home-stsrt South Leicestershire to function and support the families of Harborough District. Training- Reserves ring-fenced to support the cost of training staff & volunteers. Actiwe Families Proje¢t- Funds towards the costs of the Active Families Project- helping fEllnilie5. experiencing coinplex difficulties at]d with a child aged betweeji 5 and 15 years, to become more physically active together. All Projects - Funds to siipport the costs of rLinning Hoine-start South Leicestershire's 4 projects. FKH Project- Fiinds towards the c05t of ninning our Family Know How Project. FKH Project- Market Harborough Area- Funds towards the cost of rnnning our Family Know How Project in the Market Harborough area. FKH Projeet- Lutterworth- Fuiids towards the c05t of Tunnin¥ our Family Know How Project iii the Luttetworth Area. FKH Projeet- Course- Funds toward5 the cost of runniiig our Family Know How Project course twice a year for 6 weeks- coveriii¥; cooking healthy mea15, lOUtine5. play & the importance of pliysical activity. PNI Project- Fuiidiiig toi¥ards the costs of our Post Natal Illness Project. home visiiing, groups and course- helpii)g lamilies alTected by Post Natsl Illness who have a child under 5 years aiding recovery, reducing isolation and improving parentlchild relatioiiships. PNI Project- Horne Vi51ting- Fuiiding towards the costs of our Posi Natal Illness Project. Home Visits- helpii)g lamilies alTecied by Post Natsl Illness who have a child under 5 years aiding recovery, reducing isolation and improving parentlchild relaiioiiships. PNI Projeet- Home Visiting- Volunteer Costs- Funding towards the costs incurred by our volunteers of our Post Natal Illness Project. Home Visits helping families affected by Post Natal Illness who have a child under 5 years aiding recovery, reducing isolation and improving parentichild relaiionships. PNI Projeet- Market Harborough Area - Funds towards the cost of running our Post Natal Illness Project in the Market Harborough area- for families affected by Post Natal Illness. PNI Course- Funding towards the costs of our 6 week Cliurse, held twice a year. to develop parent's awareness and coping strategies related to post-natal illness. Young Parents Project- Grant towards the Costs of the Young Parents Project- supporring Parents under 21 yeaTS &. their pre-school Children, improving confidence, reducing isolation & aiding child development. Play-Full Families Pilot- Funds towards Ihe cost of a pilot rull of our new project which "Helps families play more together" for fgmilies 1[h school-age Children. Wateh Me Play Pilot- Funds towards the cosi of a pilot aimed to improve child development and enhgnce the relatiojiship bet."een parent and child b}, engaging iji child led play using the "Watch Me Play" approach. Family Fund - Fiindijig to assist our families in tiines of urgent Jieed. IT* phone, software & licensing Funding to help iniprove our Ir & Communications technology during Covid 19. Volunteer C05ts- Fundit]g towards the cost5 incurred by our volunteers. such as travel and training costs. Garden Project- Fuiidiiig for in)proveineiits to back gitrdeii to make area5 suitable for children and fan)ily use. aiid to refuTbi5h other areas. Financial First Aid - Funding for developtnei)t of a traii)ing course of resource leaflet for voluntee[5 and staff to support fainilies with initial steps when facing new financial crises. Page 24
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Gypsy & Trai'eller Outreach Session5 - Funding for promotional face to face coinmunication5 work to ensure our Seice5 are accessed bj the local Gypsy and Traveller communities. All Groups - Funding towards the Family Knoii. How groups held in Market Harborough & Lutterworth and the Post Natal Illness groups held in Market Hart)orouuh & Brou&Thton Astley. Washing Machine fund - FundingF for the piircha5e of a replacement washing inachine for Home-start South Leicestershire in line with our Environment Policy. Page 25
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Balance at 31 March 2022 Balance at I April 2021 Incoming resources Re50uree5 expended Tran5fer5 Unrestricted funds Gener1 General 111,022 70,337 142,500) (32,3021 106,557 DesigNrtled BuIldinGarden - Maintenance & Repair Environmental Action Plan Improvements Tech IT- Hardware & Softivare Updates Vtslunteei Training Building and equipment 6,892 (6,892) 4,366 4,366 4,512 (4.511) 8,259 8,260 810 900 Isio) (1.094) 2,101 {1,0151 2,101 1.209 (FA) 147,689 (2,302) 145,387 409 Training 409 160.80) 1.209 115.609) 14,120 160,523 Total unrestrieted funds 271.825 71.546 158.109) 118,1821 267,080 Restrieted Active Families Project All Projects Family Fund FKH Project- Course FKH Project- MH Area FKH Project PNI Project- Home Visiting PNI Projeci- Market Harborough Area PNI Project FKH Project- Lutterworth Yolln£ Parents Project Pla}'_Full Families Watch Me Play Pilot IT, phone, software & licensing 1,500 18,883 13.475 9,334 8,873 20,000 2.000 1.000 126,837) (2 ?9i) 110.897) 110,4451 12i,086) (4.363) 120,425) 8,169 {9,5151 1,715 1,667 1,323 4,051 2,886 3,414 5,226 2.209 {2,1401 3,363 18,925 1,000 500 3,558 1,196 20.000 111,728) (4.250) (7,91 J) 128,6611 (7,500) (8,766) 111,8301 3,054 7,960 24,562 7,500 8.766 47 10,890 9,042 5,947 Total restrieted funds 27.545 142,353 (167,387) 18,182 20,693 Total funds 299,370 213,899 225.496 287,773 Page 26
Home-start South Leicestershire Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 IS Analvsis of net assets between funds Unrestricted 2023 Total funds General Designated Restricted Tangible fixed assets Curreni assets Current liabilities 143,669 12,430 143,669 217,504 (3i,874} 197.060 {19.775) 78,014 (14,099) Total net assets 107,285 156,099 63,915 j27,?99 Unrestricted 2022 Total funds General Designated Restrieted Tangible fixed assets Current assets Current liabilities 145,387 15,136 145,387 236,?2j 93,837 200,394 93,837 20,69i Total net assets 106,557 160,52) 287,773 16 Fees pavable to independent examiner During the period, the fees payable (excluding VAT) to the charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Independent examination 850 850 850 850 17 Taxation The charity is a registered chgrity and is therefore exempt from taxation. 18 Related party transactions There were no related paty transactions in the year. 19 Charity status The Lharity is a compai)y limited by guarantee ai)d consequently does i)ot have share capital. Each of the trustees 15 liable to contribute ali amount not eXLeeding £1 towards the a55et5 of the charity in the event of liquidation. Page 27