Company registration number". 05299096 Chariiy registration number.. 1107504 Home-start South Leicestershire (A covnpany limited by guarantee) Annual Report and Financial Statements for the Year Ended ) l March 2024 Community Accounting Plus Units l &. 2 North West 41 Talbot Street Nottingham NGI 5GL
Home-start Soutb Leicestershire Contents Reference and Administrative Details Trustees, Report 2to9 Independent Examiner's Report 10 Statement of Financial Activities 11 to 12 Balance Sheet 13 Notes to the Financial Statements 14to26
Home-start Soutb Leicestershire Reference and Administrative Details Truslees Judith Ann Hartland, Chair Alison Dyke, Vice Chair Rebecca Rusch. TreaSur Margaret Kallow Keith Leonard Chaffer Darren Carter Sarah Saltinstall Anna Buckle Secretary Erika Luca5 Senior Management Stella Renwick, Charity Development Manager Registered Office 121 Coventy Road Market Harborou Leicestershire LE16 9BY Company Registration Number 05299096 Charity Registration Number 107504 Independent Examiner John O'Brien. employee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
Home-start Soutb Leicestershire Trustees, Report The trustees, who are directors for the puryjoses of company law. present the annual report together with the financial statements and auditors, report olthe charitable company lor the year ended 31 March 2024. Truslees and officers The trnstees and officers serving during the year and since the year end were as folloivs: Trustees Judith Ann Hartland Margaret Kallow Keith Leonard Chaffer Rebecca Rusch Lauren Jeffery (until 1011012023) Alison Dyke Darren Carter Grace Lane (until 0510912023) Sarah Saltinstall Laura Wilding (until 2310512023) Anna Buckle (from 1610112024) Structure, governanee and management Nature ofgoverning document The charity is a company limited by guarantee and registered charity. It is operated under the rules 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 und appoinlmenl of Iruslees Home-start South Leicestershire has a Trustee Recruitment Procedure which outlines the process by which Trustees are recruited and appointed. Recruitment is by both advertisement and recornmendation. Selection is conducted after submi55ion of a CV with an accoTnpanving personal statement relating to their motivation for becoming a Trustee with our charity and confirmation of 2 referees M."ho may be contacted if the application is successful at the initial stage. Checks are also vnade at thi5 Stage against the Insolvency Service, Companies House and the Charity Commission for any disqualification records. Additional checks are made of any other charities the applicant declares an involvetnent with. An infom)al discussion with the Charity Development Manager and Chair is the next step. Following this, guest attendance at a Board meeting is required. At this 5ge. if the prospective trustee is willii)g to continue with their application, a decision to accept or decline the application will be made b}, the existing Board members in private. A consensus decision is preferred, but a majority vote ma}, be used. Appointment is then subject to appropriate DBS check at enhanced level for working with childn, receipt of two suitable references, and completion of the Trustee Eligibility Declardtion. Page 2
Home-start Soutb Leicestershire Trustees, Report Objectives and activities Objects The fonnal objects of the Charity are- a) to safeguard. protect and preserve the good health, both mental and physical ol children and parent5 of children; b) to prevent cruelty to or maltreatment of children; c) to relieve sickness. poverty and need amongst children and parents of children; d) to promole the education of the public in better standards of child care within the area of Harborough District and its environs. Objectives, stralegies and aclivilies Home-start South Leicestershire is a voluntary organisation committed to promoting the welfare of families with young children. Volunteers and staff work with families under stress lo offer regular support, guidance, and practical help, much of which is delivered within families, own homes or within the local community. The provision aims to reduce family 5tre5s, protect the welfare of children, and prevent family breakdow]. Our main activities include.. One-to-one bespoke support for families in the home or community. Specific groups for parents in ditTicult circumstances to attend with their pre-school children. Courses for parents to improve their knowledge and strategies M."ithin their parenting role. In addition, we recruiL train and support a large leam of volunteers who are central to some of these activities, and provide invaluable additional support to other activities. Public benefit All oiir services for children and families are delivered free of charge to them. and we follow an outcomes framework incorporated into our Theory of Change model io explain our principles of delivery, and the benefits of our projects and services to enhance the lives of families facing a range of difficulties who live within Harborough District. We also have an established Outcomes Measurement Framework through which we record and report on how w'e recognise when these benefits have been achieved. The trustees confim that the). have complied M'ith the requiremeTJts of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published b). the Charity Coinmission for England and Wales. Page i
Home-start Soutb Leicestershire Trustees, Report Chair's Report This year we celebrate the 40th Anniversary of the inaugurdtion of Home-start South Leicestershire (HSSL) whose fundamental aim continues to be the support of parents and their young children in Harborough District who are experiencing a range of vulnerabilities or disadvantages. We have been pleased to help many families to alleviate the effect of the Cost-of-Living Crisis through emergency food vouchers and essential supplies from The Food Banks and Hygiene Bank. Our Financial First-Aid resource has allowed staff to focus on the families, emotional needs. referring to external sources of debt and other financial advice. Not surprisin ¥ly tnental health needs have been increasing with acute awareness that family stresses can increase parental conflict M'hich inevitably impacts on children in the fainily. The second year of oiir PlaJ'.Full Familie5 Project continues to receive a favourable reception froin both families and with the partner local primary schools. The project has helped parents understand the importance of play in allowing children to express their feelings and strengthen the bonds M'"ith parents. Additionally, the 'Watch Me Play" programme developed by the Tavistock and Portland NHS Foundation Trust is now embedded in HSSL'S work as a further resource and in February we had the pleasure of welcoming NHK (the Japanese equivalent to the BBC) to our premises for an interview about the impact of the programme. This year has seen increased emphasis on improving our sustainability both financially and environmentally. A grant has allowed us to fit infra-red heaters and applications for grants for solar panels are being made. The use of infonnation technology has also grown apace M'ith a sophisticated IT system, reducing our paper use. The garden has been further developed as a safe and attractive place for both play and wildlife with a wildflower area. water wall. mud kitchen, bug hotel, sensory plants, and sheltered sandpit. Key partnership links have been fostered throu?h ihe District Think Family Partnership, LCC Early Help Partnership, the Harborough Integrated Neighbourhood Team. the VCSE Alliance: the VCSE Collaboration group, The Harborough Hub and Neighbourhood Forums. and through wider connections made through the United for Warni Homes campaign in Leicester City and Leicestershire. None of the support to families would happen without our brilliant staff and volunteers working tirelessly to provide the best help possible so thank you to all of them. Another new volunteers training course has taken place and there is no doubt that the quality of training they receive has an enorniou5 impact on their effectivenes5. Thank5 also to the Business Support teaTn. Erika s executive excellence, Charlotte's financial flair: Lizzie's fundraising finesse, and now joined by Naomi 5 PR productivitv. Last: biit certainly not least: thank you to the Board of Trustees for their contribution to the governance of HSSL. Increasingly new trustees are coming fonvard and bringing with them new skills which are used to oversee and siipport the charity s response to families, needs. So, we celebrate 40 years of HSSL and look forn'ard to continuing as a reflective and effective organisation which acknow'ledges and focuses on the changing and complex needs of modern society. Above all, thouJ, we continue to work toM'-ards meeting the demands of a fast-changing and complex society at the heart of which remain the parents and children who need our support. Page 4
Home-start Soutb Leicestershire Trustees, Report Our Activities and Service 2023-24 We continue to receive referrals from health visitors. family practitioners. other agencies, and from families themselves for our projects: The Family Know-How Project - This project's key aim is to support families with complex needs who need support to understand and develop healthy family lifestyles & routines which ensure their children have the best opportunities to thrive physically and emoiionally. The Family Post Natal Illness Project - This projecl is focused on those families where there is a suspected or diagnosed Post Natal Illness concern relating to one of the main care givers in the family. The P12y-Fllll Families Project - We started our new projecL which is funded for an initial 3 years from the National Lottery Communitv Fund in June 2022. The project provides a response, using therapeutic play techniques, to children affected by Adverse Childhood Experiences (ACES) or Type 2 Trauma (persistent trauma, or as a result of a series of events or circumstances. rather than a one-off traumatic incident) within the primary school age range in Harborough District, M'here families need additional help to support their child. Covid-19 Period - Legacy of Alternative Services and Delivery Methods We have continued to retain some of the ne. developments from the covid-19 restriction periods. This includes a Buddying Service. matching compatible fatnilies with each other for ongoing peer support. We are also now able to be flexible in ternis of our FaTnily Post Natal Illne55 course delivery, accommodating virtual attendance alongside face-to-face attendance where necessary. So we have retained elements of our 'Connect Toolbox,, especially the following elevnents- Good5 Deliveries We continued to deliver many essential items to families throughout the year from the food banks, the hygiene bank. and donations of items including Christmas gifts through Toys on the Table and knitted goods from local organisations. Courses for Parents Within the Family Post Natal Illness course and the Family Know-How healthy lifesty'leslcooklng course the use of the What's App groups developed when the course was remote continues to be well used with families sharing their successes and encouraging each other. Outdoor Groups Some groups sessions take place at outdoor venues on occasion when the weather forecast is promising, which gives families confidence to access the local facilities themselves in future. Buddving Service This service continues to be a useful additional resource ,here families with something in common are invited to buddy together for meet Ups or What's App groups: with staff involvetnent for the initial period of time to ensure the relationship is mutually beneficial. On-line Support and Information Our team continued to deliver on-line support Primarily through Facebook with activity ideas and sources of support regularly posted. Successful ¢itment of a part time Marketing and CommuTJications Assistant at the end of the year has meant that the regularity of these posts has increased. Page 5
Home-start Soutb Leicestershire Trustees, Report Volunteer Involvement There has been a significant level ol volunteer involvement within Hoine-start South Leicestershire and successful recruitment of an additional 7 volunteers in spring 202). At the end of 2023-24 we currently have 47 family support volunteers { I I resting). 8 Trustee volunteers. and 9 additional volunteers in non-family 5UPPOrt 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 recruiied through a selective and vetted process and undertak'e a comprehensive Course of Preparation training over 8 sessions. We now incorporate the Solihull Approach Foundation Certificate course (University Hospitals Binningham NHS Foundation Trust) into our Course of Preparation as a requirement. Volunleer supervision sessions were ongoing throughout the year. in accordance with our Home-start UK standards for frequency. and in addition. we held an event in summer to celebrate and reward volunteers involved - Volunteers, Week "Celebration of Commitment." (20.06.23). We were also delighted to be able to provide our Volunteer Christmas Lunch on 6.12.2J. Volunteers and wider supporters also received a termly newsletter. We do not anticipate any significant issues for our organisation in the coming year {2024-25). We are hopeful of being able to continue our post-covid provision as we have done throughout ?093-24 but being able to resort to remote provision if necessary. We retain our two core services of the Famil}, Post Natal Illness Project and the Family Know-How Project. as well as being close to the end of year ? of the 3-year funding timescale for the Play-Full Families Project, which has proved a very successful addition to our work and we have plans to acquire sustainable funding to extend the project period further.
Home-start Soutb Leicestershire Trustees, Report Financial review Treasurer's Report l am delighted to present my Treasur,$ report for Home- Start South Leicestershire for the period from I st April 202J until )Ist March ?0?4. a year w.hen the continuaiion of the Cosl-of-Living crisis and further geopolitical unrest continued to affed our Charity and the families living within (he Harborough District. After a lot of hard work from our fundraising team and the continued generosity of our donors, l am very pleased to announce that HSSL secured total income of £J48.112. This is up nearly 400/0 year-on-year and whilst it should be noted that £30,000 relates lo projects slraddling inio this current financial year. it is nevertheless a great achievement for the charity- This is ever more impressive due to the continued restrictions placed upon fundraising applications and grant progrdmmes which in the current economic environment, continue to be oversubscribed as well as limiting in nature. Due to the tighter restrictions and greater uncertainty of success from most grant applications, our income continued to be made up of a wide range of grants and donations. Most notable were grants from The National Lottery, LCC Neighbourhood Mental Health Prevention GranL LLR NHS Getting Help in Neighbourhoods Grant, Market Harborough & The Bow'dens Charity and The Garfield Weston Foundation, The Henry Smith Charity, with additional support from Harborough District Council and Leicestershire County Council, all of which enabled the continuation of the vitsl projects in place - the 'Family Know How, and 'Family Post Natal Illness, project5, as well a5 the Pla)-.Full Familie5 project. We are very grateful for the continued support and generosity from our local community, from our volunteer5 gifting their time alongside the kindness ol those involved in the fundraising and doT]ations which continued to remain high for yet another year. Additional grants came frotn a wide range of Trusts and Foundations, and we remain grateful for the unsolicited sUPPOrt from The Na Mokulua Charitable Trust, a family Trust with a local Trustee and Theddingworth Congregational Church. Generous local company support has come from CMS CEPCOR Ltd,. local artist Danielle Vaughan for this year's Snowdrop Appeal image and consequent original picture sale, and Dorte Kjaerulff Photography who hosted "Bump Hour" events by photographing mums-to-be with their bumps, raising over £1,800. Local groups and organisations to thank this year include Market Harborough Rotary Chrislmas Collection, Brollghton Astley Carnival, the Kings Coronation Event and Weston by Welland Carol Singers. Significant donations from individuals came from Anna Gamier, Marbeth Tobin and Mandy Taylor who have repeatedly supported us, and we are al'ayS grateful to our regular monthly or one-off donors via our on-line donation route, some of which have been very, generous this j'ear. Additional donations were kindl)I received in Memoriam for John (Pip) Day, our fornier trustee. I would very much like to thank all the funders, volunteers and donors for their support to achieve this. Our accounts show a surplus of £62,40J for the )'ear: which is inclusive of depreciation on our premises and other assets, as well as The National Lottery grants received to fund the 'Plav_Full Families, and 'Post Natal Illness, projects into next )'ear. As such, when excluding these two fully funded projects, our free (unrestricted) reserves at J 1st March 2024 are over £130.000 and are maintained at around 6 moT]ths' worth of our total budgeted expenditure for 202412025. This, alongside the Significant nutnber of higb value grants already secured for 2024125, means we are in a very Secure position within 2024-25 and can be confident of another year's continuation of service5. Page 7
Home-start Soutb Leicestershire Trustees, Report I would like to take this opportunity to thank our Finance Manager, Charlotte Sandford, lor her continued dedication to our Charity. l also want to thank Stella Renivick. our Charity Manager, and Elizabeth Keenan, our Fundraising AsSlStant, for their continuing success in ensuring we meet our financial targets. Additionally, thanks to our new Marketing and Cotnmunications Assi51ant. NaoTni Teagles. in post from December 2023, who has already begun to make a difference to our donation5 frotn individuals in particular. Rebecca Rusch. TreaSUr Policy on reserves The Trustees review the charity's need for serVeS regularly. in line with guidance issued by the Charity Commission and Home-start UK. We have agreed that funds should be set aside (these are 'free reserves,, which exclude both restricted funds ihat we have been given for a specific purpose. our designated funds and the value of our fixed assets. such as the property we oivn and our office equipment) to cover at least 6 months of future ongoing resources expended, excluding the costs of any short-terni projects. Small Companies provision statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Home-start Soutb Leicestershire Trustees, Report Slatemenl of Responsibilities The trustees (who are also the directors of Home-siart South Leicestershire for the purposes of company law) are responsible for preparing the truslees, report and ihe financial slalements in accordance with applicable law and United Kingdom Accounting Standards (United Kin?dom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The report and accounts 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 siaiements for each financial year. Under company law the trusiees musi not approve the financial staiements unless they are satisfied that they giiwe a true and fair view of the state of affairs of ihe charitable company and of the incoming resources and application of resources, including its income and expenditure. of the charitable company for that period. In preparing these financial slatements, the trustees are required to- select suitable accounting policie5 and apply them consistently- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departure5 disc105ed and explained in the financial statements- and prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial posilion of the charitable company and enable them to ensure that the financial statements comply with the Companies Aci 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible lor the tnaintenance and integrity of the corporate and financial inforn]ation included on the charitable company's website. Leuislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The annual report was approved by the trustees of the charity on . 0510912024 . and signed on its behalf by: Judith Ann Hartland Trustee Page 9
Home-start Soutb Leicestershire Independent Examiner's Report to the trustees of Home-start South Leicestershire ('the Company,) Independent examiner'5 report to the trustee5 of Home-start South Leicester5hirc ('the Company,) I report to the charity tn1¢¢$ on my examination of the accounts of the company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company a not required to be audited under Part 16 of the 2006 Act and are eligible for independent eiaminalion. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In canying out my examination I have followed the Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act. Independent examiner's stalement Since the Company'5 gr055 income exceeded £?50.000 YOUT eiaminer must be a metnber of a body listed in section 145 of the 201 l Aci. I confim] thai l am qualified to undertake the examination because l am a member and Fellow of the Association of Charity Independent E.xaminers. ii'hich is one of the lisied bodies. I have completed my examination. l ¢onfirn) that no matters have come to my attenlion in connection with the examination giving me cause to believe that in any material respect: accounting record5 were not kept in respect of the Company a5 required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements of section )96 of the 2006 Act other than any requirement that the accounts give a 'true and faif view which is not a matter considered as part of an independent examination- or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attentioii should be drawn in this report in order to enable a proper understanding of the accounts to be reached. John O'Brien MSC, FAIA, FCCA. FCIE. employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingharn NGI 5GL Date.. 0510912024 Page 10
Home-start Soutb Leicestershire Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Reslricted Nole Ineome and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 49,698 753 49,698 287,217 2.019 9.178 53,155 255,490 4,446 2,650 286,4fv1 2.019 9.178 Total income 61,fv18 286,464 J48,112 315,741 Expendilure on: Charitable activities (46,110) (239,599) (285.709) (276,215) Total expenditure (46,110) (2)9.599) {285,709) (276,215) Net income 46,865 Net movement in funds 46,865 39,526 Reconciliation of funds Total funds brought forward )?7,299 287,77) Total funds carried forward 14 278,922 110,780 J89,702 J27,299 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdoThm for the period is shown in note 14. The notes on pages 14 to 26 forni an integral part of these financial statements. Pagell
Home-start Soutb Leicestershire Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous accounting period and are ineluded for comparative purposes Unrestricted Reslrieted Total funds fund5 2023 Notc Income and Endowments from: Donalions and legacies Charitable activiiies Other trading activities Investment income 53,155 545 4.446 2,650 53,155 255,490 4,446 2,650 254,945 Total income 60,796 254,945 315,741 Expenditure on: Charitable activities (64,492) (211,7?3) (276,215) Total expenditure (64,492) (211,723) {276,215) Net (expenditure)/income (i.696) 43,222 Net movement in funds (i,696) 43,222 Reconciliation of funds Total funds brought forward 267,080 287,773 Total funds carried fon¥ard 14 263,384 63,915 327,299 The notes on pages 14 to 26 forni an integral part of these financial statements. Page 12
Home-start Soutb Leicestershire (Registration number: 05299096) Balance Sheet as at 31 March 2024 2024 2023 Note Fixed assels Tangible assets io 142,362 143,669 Current assets Debtors Cash at bank and in hand 1.667 282,608 4,607 212,897 12 284,275 217,504 Creditors: Amounts falling due within one year (36,935) (3J,874) Net current assets 247,340 18J,6JO Net assets 389,702 327,299 Funds of the charity: Restricted income funds Restricted funds 14 110,780 63,915 Unrestricted income funds Unrestricted funds 278,922 26J,384 Total funds 14 389,702 327,299 For the financial j'ear ending J l March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companie5. Directors, re5ponsibilities- The members have not requtred the charity to obtsin an audit of its accounts for the year in question in accordance with section 476: and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial 5tatement5 have been prepared in accordance with the special provisions relating to companies subject to the stnall companies regime within Part 15 of the Companies Act 2006. The financial statements on paue5 1 I to 26 were approved by the trustees, and authorised foi issue on 0510912024 and signed on their behalf b).: Rebecca Rusch Trustee The notes on pages 14 to 26 forni an integral part of these financial statements. Page li
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 l Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial Statements are set out below. These policie5 have been consistently applied to all the years presente(L unle55 Otherwise stated. Slatement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to chariiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I O?)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in ihe UK aTJd Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparalion Home-SL2rt South Leicestershire meels the definilion of a public benefit entity, under FRS 102. Assets and liabilities are inllially recognised at hlstorical cost or transaciion value unless othenvise stated in the relevant accounting policy notes. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Exemption from preparing a eash flo)v Statement Under the exemption available to smaller charitie5 the Board of Trustees has chosen not to include a Statement of Cash Flows Wlthin the financial statetnents. Income and endoivments Voluntary income including donation5, gift5, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income. it IS Probable that the income will be received and the amount can be measured with sufficient reliability. Donations and legacies Donations are recognised when the charity has been notified in writing of both the avnount and settlement date. In the event that a donation is subject to conditions that require a level of perforniance by the charity before the charity is entitled to the funds: the income is deferred av]d not recognised until either those conditions are fully met, or the fulfilmeni of those conditions is wholl). wiihin the Control of the charit), and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and anj conditions linked to the grants have been met. Where perfomance conditions are attached io the grant and are >'et to be met, the income is recognised as a liabilii), and included on ihe balance sheet as deferred income to be released. Page 14
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 Deferred income Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: The donor specifies that the grant or donalion musl only be used in future accounting periods. or The donor has imposed conditions which musi be met before the charity has unconditional entitlement. Investment income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expendilure All expenditure is recognised once there is a legal or constructive obligation to that expendlture, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregale similar costs to that calegorv. Where costs cannot be directly attributed to particular headings they have been allocated on a basis conslslent with the use of resources, wlth central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charilable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Government grants Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classifled as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset 15 deferred, it is recognised a5 deferred income. Pensions The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Stafrment of Financial Activities represent the contributions paj'able by the charit), during the year. Taxation The charity is considered to pass the frsts set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corpordtion tax purpose5. Accordingly, the charity is potentially exempt froTn taxation in respect ol income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 OT more are initially recorded at cost, less any Subsequent accumulated depreciation and subsequent accumulated impaimlent losses. Page15
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 Deprecialion and amortisation Depreciation is calculated so as lo write off the cost of the asset, less its estimated residual value, over the useful economic life of that asset as folloii's: Asset class Land and buildings Depreciation melhod and rate 2 % per annum on cost 250/0 per annum on reducin? balance (fully depreciated when NB V falls to £1 O or below) Other tangible fixed assets Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned 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 impairn]ent. A provision for the impairnient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tern]s of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and oiher short-tenm highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade Creditors are obligations to pay for goods or services that have been acquired IT) the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, the). are presenled as non-current liabilities. Trade creditors are recognised initially ai the transaction price and subsequently measured at amortised cost using the effective interest method. Fund slrueture Unrestricted income funds are general funds that are available for use at the trustees, discretion in 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 lor use in a particular area or for specific purpose5, the use of which is restricted to that area or purpose. Page 16
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 2 Income from donations and legacies Unrestricted funds Designated General Total 2024 Total 2023 Donations and legacies; Donations from companie5, trusts and similar proceeds Grants, including capital grants- Government grants Grants from other charities iio 26,338 26,448 28,705 7,000 16,950 7,000 16,250 13,500 10,950 110 49,588 49,698 53,155 3 Income from charitable activities Unrestricted funds General Restricted funds Tolal 2024 Total 2023 Sales & fees Room hire Sundry receipts Grants and donations 300 449 449 14 254,945 286.464 286,464 286,464 287,217 255,490 Page17
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 4 Grants & donations Unrestricted (unds Restricted funds Total The National Lottery Community Fund The National Lottery - Reaching Communities Leicestershire Councty Council - Neighbourhood Mental Health Prevention Grant Market Harborough & The Bowdens Charity Garfield Weston Foundation Leicestershire & Rutland Community Foundation - Getting Help in Neighbourhoods Mental Health & Wellbeing Grant The National Lottery - Community Organisation Cost Of Living Fund Leicestershire County Council - Multiply Grant Leicestershire County Council - Household Support Fund The Henry Smith Charity Comic Relief Community Fund Awards For All National Grid - Warm Up Leicestershire Coiinty Council - Shire Grant Leicestershire & Rutland Communily Foundation Co-op Group Local Community Fund Platfomi Housing The Rotary Club of Market Harborough - Swimarathon Feed UK Harborough District Council Masonic Charitable Foundation Home-stsrt UK - Cadent Centre for Warnith Programme Edith Murphy Foundation The Paget Charitable Trust The Mary Robertson Trust The Alchemy Foundation Maud Elkington Charitable Trust George Ernest Ellis Foundation The J R Corah Foundation Florence Turner Charitable Trust Sundry grants & donations 79,886 29,933 79,886 29,933 25,785 23,000 20,000 25,785 23,000 20,000 20,000 20,000 14,301 12,349 14,301 12,349 10,485 10,000 9,989 9,099 8,116 5,000 5,622 1,600 500 10,485 10,000 9,989 9,099 8,116 5,000 5,622 1,600 500 500 250 500 250 7,000 5,000 7,000 5,000 4,375 4,375 2,000 2,000 1,000 1,000 1,000 750 2,000 2,000 1,000 1,000 1,000 750 500 500 22,122 49 49,698 286,464 336,162 Page18
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 5 Income from other trading actii'ities Unrestricted funds General Totsl 2024 Total 2023 Local fundraising and street collection income 2.019 2,019 4,446 2.019 2,019 4.446 6 Investment income Unrestricted fund5 General Total 2024 Total 2023 Interest receivable and similar income- Interest receivable on bank deposits 9.178 9,178 2.650 Page 19
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 7 Expenditure on charitable activities Unrestricted funds Designated General Restricted (unds Total 2024 Total 2023 Cleaning Depreciation Equipment, repairs & renewals Fundraising & publicity Trustee expenses Independent examination Insurance 2,476 2,476 1,307 24,604 47 5fv1 1,020 1,627 3,161 3,363 16,363 211 2,449 1,718 20,914 107 1,307 4,556 1,307 47 5fv1 18,741 1,020 1,627 1,020 1,555 2,817 2,837 24,246 287 1,647 50 IT 3,161 Group costs Family cosis Premises maintenance Printing & stationery Publications & subscriptions Home-start UK contribution Rent & rates Staff expenses Staff training & ¢MitMent Sundry pavments Telephone, internet & postage Utilities Volunteer expenses Volunteer training Wages, NI & pension 3,332 16,363 211 20 50 50 6.266 1.264 1,207 8,192 1.007 7.886 5.480 291 80 6.304 12.094 786 1.057 2.965 4.500 242 191,986 495 977 595 926 2,231 4,670 2.965 .125 i.375 242 174,876 17,110 189,316 12.167 239,599 285,709 276,215 Page 20
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 8 Staff costs The aggregate payroll cosls were as follows.- 2024 2023 Staff cosls during the year were: Wages and salaries Social security costs Pension costs 170,055 8,007 13,924 169,468 6,724 13,124 191,986 189,316 The monihly average number of persons (including senior management team) employed by the charity during the year was as follows.. 2024 2023 Average number of employees 11 (202J I l ) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalled £13,924 (2023 - £13,124). No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £37.420 (2023 - £34,933). 9 Trustees remuneration and expenses No trustees, nor any persons connected with them: have received any remuneration from the charity during the year. Page21
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 10 Tangible fixed assets Land and buildings Other tangible rixed asset Total Cost At l April 202J 195,081 43,236 238,317 At 31 March 2024 195,081 43.236 2J8,317 Deprecialion At l April 202J Charge for the year 56,565 94,648 1,307 1,307 At J l March 2024 56,565 39,390 95,955 Net book value At 31 March 2024 138,516 3.846 142,362 At 31 March 202J lJ8,516 143,669 11 Debtors 2024 2023 Trade debtors Prepayments 1,056 611 4,025 582 ,667 4,607 12 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 60 282,548 364 212,533 28?,608 212,897 13 Creditor5: amount5 falling due within one year 2024 2023 Trade creditors Other taxation and social security Other creditors Accruals Deferred income 656 3,166 2,549 2,588 11,472 14,099 3,010 2,142 8.127 23,000 33,874 Page 22
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 14 Funds Balance ai I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestricted funds General General 107.285 (33,943) 134.880 De.signaled BuildingGarden - Maintenance & Repair Environmenthl Action Plan Improvements Tech IT - Hardware & Software Updales Building and equipment (FA) Training {J,297) 6,885 {6,J"04) 691 (926) { I,J07) (333) 14J.669 409 142,362 76 156,099 110 (1? 167) 144,042 Total unrestricted funds 263,384 61,fv18 (46,110) 278,922 Restricted fund5 Family Fund FKH Project- Course FKH Project- MH Area FKH Project PNI Project- Home Visiting PNI Project FKH Project- Luttenvorth Infrared Heater fund Pla>'_Full Families Watch Me Play Pilot FKH - Home Visiting Garden Project PNI Course Core - Timebound 740 4.996 1,285 15,480 (10,530) (10,462) (16,298) (17,753) (10,6J5) (61,072) (),300) (8,116) (79,957) (2.152) (14,902) {4.422) 1,495 10.014 5,555 48 21.228 3,982 17,801 19.269 45,785 8.116 79,886 34,779 2.152 571 5,622 2,553 555 555 Tot21 restricted funds 63,915 286,464 (239.599) 110,780 Total funds )27,299 )48.112 (285.709) 389,702 Page 2)
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 The specific purposes for which the funds are to be applied are as follo,5- BuildinglGarden - Maintenance & Repair - Reserves ring-fenced for the update, maintenance and repair of our building and the family garden. Environmental Action Plan Improvements Reserves ring-fenced for the update. maintenance and improvements to the property and its contents in keeping with our environmental policy. Tech IT - Hardivare & Sofhvare Updates - Reserves ring-fenced to allow Home-start South Leicestershire to keep oiir Tech up-to-date. Volunteer Training - Reserves ring-fenced to support the cost of providing our volunteers with the appropriate training. Building and equipment (FA) - Fixed assets held to enable Home-start Souih Leicestershire to function and support the families of Harborough District. Training - Reserves ring-fenced to support the cost of training staff & voluntee. All Projects - Funds to support the costs of ning Home-start South Leicesiershire's 4 projects. Family Fund - Funding to assist our families in times of urgent need. FKH Projecl - Funds tow'ards the cosl of running our Family Know How Project. * FKH Projecl - Market Harborough Area - Funds towards the cost of running our Family Know How Project in the Market Harborough area. FKH Projeet - Lutterworth - Funds towards the cost of running our Family Know How Project in the Lutterworth Area. FKH Projeet - Course - Funds towards the cost of running our Family Know How Project course twice a year for 6 weeks - covering. cooking healthy meals. routines. play & the importance of physical activity. FKH Projeet - Home Visiting - Funds tom'ards the costs of our Family Know How ProjecL Home Visits - helping familie5 build a healthier and happier lifestyle. building confidence, ski115 and Tesilience, and helping children thrive. PNI Project - Funding toward5 the costs of OUT Post Natal Illness Projecl home visiting, group5 and course - helping familie5 affected by Post Natal Illne55 who have a child under 5 years - aiding recovery, reducing isolation and improving parentlchild relationships. PNI Project- Home Visiting- Funding towards the costs of our Post Naial Illness Project, Home Visits - helping families affected by Post Natal Illness w.ho have a child under 5 years aiding recovery, reducing isolation and improving par¢nV¢hild relationships. PNI Project - Market Harborough Area - Funds iowards the cost of wnning our Post Natal Illness Project in the Market Harborough area - for families affected by Post Natal Illness. PNI Project - Course - Funding towards the costs of our 6 week Course. held twice a year. to develop parent's awareness and coping strategies relaled to post-natal illness. PNI Project - Broughton Astlev - Funds towards the costs of our Post Natal Illness Project in the Market Harborough area - for families affecled by Post Natal Illness. Play-Full Families Pilot - Funds towards the cost of a pilol run of our new project which "Helps families play more together" for families with school-age children. Walch Me Play Pilot - Funds tom'ards the cost of a pilot aimed to improve child development and enh)ce the relationship between parent and child by engaging in child led play using the "Watch Me Play" approach. Infrared Heater Fund - Funds towards the costs of our Post Natal Illness Project in the Market Harborough area - for families affected by Post Natal Illness. Garden Project - Funding for improvements to back garden to make areas suitable for children and family use, and to refurbish other areas. Core - Timebound - Funds received for Core costs. to be used by August 2024. Gypsy & Traveller Outreach Sessions - Funding for promotional face to face communications work to ensure our services are accessed by the local Gypsy and Traveller communities. All Groups - Funding towards ihe Family Know How groups held in Market Harborough & Lutterworth and the Post Natal Illness groups held in Market Harborouoh & Broughton Astle}'. Washing Maehine fund - Funding for the purchase of a replacement washing machine for Home-start South Leicestershire in line with our Environment Policy. Page 24
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 Balance al I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unrestricted fund5 Generol General 106.557 60,796 (60,068) 107,285 Designated BuildInGarden - Maintenance & Repair Environmental Action Plan Improvements Tech IT - Hardware & Softw'are Updates Building and equipment (FA) Training 4,366 {1,069) 3,297 8,260 {1,375) 6,885 2.101 145,387 409 (262) {1,718) 1,839 143,669 409 160,52) (4,424) 156,099 Total unrestricted funds 267,080 60,796 (64,492) 26J,384 Restricted Active Families Project All Projects Family Fund FKH Project- Course FKH Project- MH Area FKH Project PNI Project FKH Project- Lutterworth Play-Full Families Watch Me Play Pilot Garden Project PNI Course Voliinteer Costs PNI HV- Volunteer Costs Financial First Aid Gyps). & Traveller Outreach All Group5 Washing Machine fund Young Parents Project 1,715 1,667 1,649 15,000 14,914 11,355 20,000 {J,J64) (16,667) (15,497) (10,410) (20,000) ( I,000} (36,115) (47) (47,303) (466) (13,549) {3,445) (2,250) (500) (4,157) (4,430) ( i 0,000) (500) (22,023) 740 4,051 4,996 1.000 55,384 19,269 47 82,153 2,618 14,902 4,000 2,250 500 34,850 2,152 1,353 555 4,157 4,430 10,000 500 10,890 Total restricted fund5 254.945 (211,723) 63,915 Total funds 287,77) )15,741 (276.21 )} 327,299 Page 25
Home-start Soutb Leicestershire Notes to the Financial Statements for the Year Ended 31 March 2024 15 Analysis of net a55ets between funds Unreslricted 2024 Total funds General Designated Restrieted Tangible fjxed assets Current assets Current liabilities 142,362 1,680 142,362 284,275 (36,935) 148,815 (1),935) 133,780 (23,000) Total net assets li4,880 144.042 110,780 389,702 Unrestricted 2023 Total funds General Designated Reslrieted Tangible fixed assets Current assets 14),669 14),669 217,504 (J3,874) 127.060 (19,775) 78,014 (14,099) Current liabilities Total net assets 107,285 156,099 63,915 J27,299 16 Fees payable to indepeTJdent examiner During the period. the fees payable (excluding VAT) to the charity""s independent examiner Community Accounting Plus are analysed as follo.5= 2024 2023 Independent examination Other financial services 850 850 1,190 850 17 Taxation The charity is a registered charity and is therefore exempt from taxation. 18 Related party transaetion5 There were no related paty transactions in the year. 19 Charity status The charity is a company limited by guaranfre and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 toardS the assets of the charity in the event of liquidation. Page 26