Company No. 05179158 HOME-START CROYDON ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Re8tsiered Charity No 1107857 BRirr & KEEHAN CHARTERED ACCOLThTANrs 33 GRIMWADE AVENUE CROYDON CRO 5DJ HOME.START CROYDON INDEX Page Contents Legal and Administrative Detsils Tn￿tees, Repori Inde￿mIent Examiner's Rewrt Statement of Financiaj Activitie8 Balanc¢ Sheet 9-14 Notes to the Accounts HOME-START CROYDON LEGAL AIW ADMINISTRATIVE DETA￿s TNstees & Directors: lan McRobbie Parameswar Menon BarbaTa FTO8t Sally Cloves Tribhuwan Singb (resigned 1010812020) Abhai Bhargava (appoinied 2311212020) Chair - Treasurer Company Secretary: Position Vacant BaDk¢rs: Barclays Bank PIC Independent ExanLiner: Britt & Keehan Chartered Accountants 33 Grimwade Avenue Croydon CRO 5DJ Rc8lSt¢red 0￿1¢¢.. 1.8 Ramsey Court 122 Church Str¢et Croydon CRO IRF CRLaTity Number. 1107857 Company Number: 05179158 HOME-START CROYDON TRUSTEES, REPORT FOR THE YEAR TO 31 MARCH 2021 The Tn￿teeS preseni their Report for the year ended 31 March 2021 The members of the Managem¢nt CoDunittee (who are also the Tr￿1￿% and Directors) of the charity during, and after the year, were:. lan McRobbie Parameswar Menon Barbara Frost Sally Cloves Tribhuwan Singh Abhai Bhargava Chair Treasurer Individual Individual Individual {resigned 10 Augu812020) Individual (ap￿Inted 23, December 2020) Mana¥emeni Committee memb¢rs elected or appointed on an annual basis. with the officers being elected from the mcmbcrship of th¢ Management Committee. STRUCTURE, GOVERNANCE AND MANAGEMENT Home-start Croydon was inwryK)rat¢d as a Company limiied by guarantee on 14 July 2005. The company is registered as a Charity wilh the Chariry Commission (registration number 1107857). The charity was established in 1989 and was previously registered with the Chatity Commission under the r¢8istratlOD number 803302. The Tnlstees meet quarterly to ensure the compliance with the Memor8ndum and Articles and the policies of Home-start. The day-t￿daY operation within the w)licies. forward plan and bud8ets are delegated to the Manager. Under the Memorandum & Articles of Association the Trustees appoini ihe officers of the charity (Chair, Vice Chair and Tr¢asur¢r). The Tn￿lee5 according to the Articles of Association are elected at the Annual General Meetings. The Tn￿te¢S may co-opt any person duly qUJlifi￿ to be appoinl¢d as a Trnstee and that person will hold office until the next AGM. OBJECTIVES a) To safegurf prote£t and preserve the g(K)d health ljoth mentsl and physical of¢hildren parent$ or Children. b) To preven¢ ¢ru¢lty to or maltreatment of children. c) To relieve sickness. poverty and need amongst children and pnrents of children. d) To promote th¢ education of the public ID better standards of childcarc within the area of Croydon and its environs. HOM&START CROYDON DIRECTORS, REPORT FOR THE YEAR TO 31 MARCH 2021 continued A￿1VITIEs Homc-St*rt WOTks with families WIK) ar¢ expeTien¢ing dI￿[cultieS and who have at least one child under five years of age. Home-start is an lnaq￿ndent. voluntary organisation which works towards the increased confidence and independence of the family by: . offering support. friendship and pr8cti¢al assistance • visiting fatnili¢s in tb¢ir own homes or community locations where the dignity and identity of each individual can be respcct¢d and protected Teassuring par¢nts that difficulties in bringing up children are not unusual and encouragin¥ cnjoymenl in family life. developing a relaiionship with the family in which time can be shared and understanding can be developed; the approach is flexible lo lake accounl of differeni n¢¢ds. encouraging the parcnts, strengths and emotional well-being for the ultimate benefit of iheir children encouraging famiii&s to widen their network and to effectively use the supw)rt and services within the community. ACHIEVEMENTS & PERFORMANCE Hom¢-Start Croydon has two distinct volunteer roles: Home Visiting and Parent Champions; all attend comprehensive Iraining course atKI are subject to Enhanced DBS checks. During this COVID-dominated year, we have continually reviewed Government rul¢s and guidance and have provided brief￿8 notes to staff and volunteers as we have been required to adapt our s¢rvi¢e delivery to work within the pandemic restrictions. Despite th¢ limitations imposed upon us by the pandcmic restriction& staff and volunteers have continued to excel in supporting the community (e.g. delivering emergcncy food parcels (supported and enabl￿ by donations from Waitrose). children's Clothes. supplies & ioys. booking Iranslalion serviccs and SOUTcing larger items). Volunteers supported families through one-104Jn¢ support and direcdy in the community; on avcra8c givin8 between 2-3 hours each week. During ihe year, we received 53 T¢fe￿al$ to provide home visiting support and we were able to a¢tion 46 of these (160 children). Additionally. 685 families (789 children) received support through gTOUPS and COn￿unity interactions durlng th¢ year. PUBLIC BENEFIT The Truslees confimi that they have refetTed to the guidance contained in the Charity Commission's general guidance on public benefit when r¢vicwin8 our objectives and activilies and in planning activities. It is the judgement of the Tn￿te¢S that activities in pursuit of the abov¢ objectives fully meet thc public benefit t￿t, which they have kept in mind in platming pmgrammes for the Charity. DIRECTORS, RESPONSIBILITIES Company law requires the directors to prepare slalernenls of account for ¢a¢h fmancial year which give a trne and fair view of the state of affairs of the company and of ils incoming resources and re50urces expendcd during that ycar. In preparing those financial statements, the directors are required to.. select suitable accounting policies and then apply thern consistently. make judgements and eslimates that are reasonable and prndent; state whether the Financial Rq)orting Stsndard for Smaller Enlities h&8 been follow￿, subject to any tnaterial departL￿s disclos¢d a￿1 explain￿1 in the [￿an(la1 statements. and prep￿C th¢ financial statements on the golng concern basis unless il is inappropriate to presurrA¢ that Ihe charity will continue in business. HOM&START CROYDON DIRECTORS, REPORT FOR THE YEAR TO 31 MARCH 2021 continued The directors are responsibl¢ for maintaining proper accounting records which disclose with reasonable a¢¢uracy at any time the financial posilion of the company and enable them to ensure ihal the accounls Cornply with the Coftnpanies Act. They are alsD rc5PODsibl¢ for safeguarding the assets ol the company and hence for iaking reasonable steps for the prevention and ddection of fraud and other irregularities. ACKNOWLEDGEMENTS Contracts and Grants re¢eived'. London Borough of Croydon Croydon Volunw Aciion London Community Foundation The Pears Foundalion Kristian Gerhard Jebsen Foundation John Lewis Partnership Cosaraf Foundaiion DCMS Home-start UK Individual donations (ov¢r £1 (K)) received: Selsdon Baptist Chur¢h Waitrose (Sandcrstead) Sally Cloves Anne Salter Miss Abi Ri¢hardsoD Waddon Ward Coun¢illors Mr. Josh Friedler Mr. & Mrs. P. Kent Dr. Colin Ellis Mrs. Lesley Narraway .and many smaller donations received throughout ihe year. We would also like to recognisc and thank all our voluntCU3 wlko donaied their expenses to the charity. Donations"In Kind" received: London Borough of Croydon Croydon Salvation Amiy Croydon Soroptomists Waitrose (Sanderstead) We would lik¢ to express our apprecialion and thanks to all our donors, large and small, including those who contributed via Give As You Live and Atnazon Sn]ile, for their fiDancial support and 8¢nerosity without which our aims could nol be achieved. Waitrose (Coulsdon) Mr. Abhai Bhargava Mr. Victor Rolrey MT. Rolf Banzi8 Mrs. Roshini Maihasing Croydon Librarie8 Waitrose {Coulsdon) FINANCIAL REVIEW l am pleased to present the ac¢ounts foT the financial y¢ar 202012021. We continue to seck diversified sources of funding to reduce our reliance on funding from the local authority, however the London Borough of Croydon remains a significant and crucial funder of our work. Details of Hom¢-Start Croydon's revenue and expenditure for the year under review and the previous year are shown on pa8¢ 7 of the Financial Stateftnent. We T¢co8ni$e, and cannot ignore, the exlent to whicb our financial viability rests with our fjjnding, which comes wiihoul any future 8uaraniees beyond the current financial year ending Ma￿h 2022. However, we ar¢ a¢tively seeking to secure additional funds to continue our work and will engage with any new commissioning process in a bid io secure fiuther funding lo meet the needs of Croydon families in the future. I remain quietly confident that our past achievements set us up w¢ll for ￿tUre fimding applications. Throughout this year we have been fill￿ed by. London Borough of Cn)ydon (Best Start), Croydon Voluntary Action. The Cosaraf Foundatio￿ The Pear5 Foundation, London Community Foundation and The National Lottery. and a large number of one-off di)nations to support our work. We continue to Work hard to idenlify additional opportimities to introduce new programmes lo all(Fw us to support more kniiies in the Boroug We know from our own evidence that the need for our service remains high and we will conlinue to highlight this to all polential funders. We are also ple&sed to recognise our close working relationship with Council OffiLers and hope that together we will achicvc an arnicable way fonvard for the future. It should be noted that the majority of the funds carried forward into the next financial year are allocated for spend in 202112022 due to the receipt of fimding where the delivery is split over multiple fllwKial years. We have maintained our net Reserves at a level to meet the tenns of our Reserves Policy (see below). W¢ continue to monitor all of the services we provide using ow own evaluation procedures. We also work lo the National Horne-siart Quality As5urancc System to ensure that we provide high quality, appropriate, support to our families. Wc would like to thank all of our funders for thetr commitrnent to our Organisalion and we are confident that Home-start Croydon has thc cxpertise and cap8¢ity to me¢t any new challen8eg and take a prominent part in fijture initiaiiv¢s ¢manaiing from the Croydon communily and (he council's Best Start initiative RESERVES POLICY The Management Comrnitte¢ has agreed a fomial policy on reserves. The Trustees have sel a Reserves Policy which requires that: Reserves are maintained at a level which ensures thai Home-start Croydon's core activity could continue durin¥ a peri(Kl of unfoTeseen circumstances. This is likely to be a reduction or cessation of funding. The Management Committee have reviewed the charity's needs for a reserve and agreed the appropriate level. It was agreed to continue a gradual accjual of reserves over the next 2 years in line with our SeTrice Level Agreement to ensure thai our core work would continue for a minimLlln of 3 months. Such development will be in linc with the annual rcvicw of this policy, the latesi legislalive requirements and best practiGe ￿vice provided by the Cbarity Commission and Home-stsrt UK. RJSK REVIEW The Management Committee has reviewed the many risks lo which Home-start Croydon is exposed and is satisfied that $yslem8 have or are being established io miligate th￿ risks. Disclosure & Barring S¢rvice ¢hecks for all volunleers and staff have been implemented. All volunteers undertake a training course and are r¢8ularly superYi5ed. Adequate insurance cover for the scheme has been taken out to cover employees and volunieers carrying out work for an on behalf of Home-start Croyd0￿ this includes any claim rcsulting from alleged or acttlal abuse. This report is prepared in accordance with the exemptions availablc to companies subjccl to the small company's regime within Part 15 of the Companies Act 2006 Signed on behalf o Trustees lan McRobbie- Chair of Tn￿te¢S Date: 16 July 2021 INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF HOME-START CROYDON. I report on the accouTJls for the year ended 31 March 2021. &8 ￿1 out on pages 7 to 12. Respectlve respon$lbllld¢$ of dlrtttors and examiner As described on page 3, the tn￿teeS (who arc also the directors of the company for the purposes of compony law) are responsible for the preparniion of the accounls. The charity's trustees consider that an audil is no¢ required for this year under section 144 (2) of th¢ Charities Act 2011 (the 2011 Act) and that an independenl examination is needed. The charity's gross income exceeded £250.IMX) and l am qualified to undertake the examination by being a qualificd of th¢ ]nstinrte of Chartered Ac£ountants of England and Wales. Having satisfied myself thai the charity is not subject to audit utmler Part 16 of the Companies Act 2006 and is eligible for independeni examination, it is my responsibility to: examine th¢ accounts under section 145 of lh¢ 2011 Act. to follow the procedures laid down in the ¥enerai Directions given by the Charity Conmlissioners under 5wtion 145(5Xb) of the 2011 Act; to state whether particular matlers bave come to my anentiOIL Basis of iDdependent examiner's report My examinaiion was conducted in accordance with the general Directions 8iven by the Charity Commissioners. An exarninalion in¢lud¢s a review of thc accounting rKords kept by the charity and comparison of the accounts presenied with ihose r￿rds. It also includes consideration of any unusual iiems or disclosures in the accounts, and the seeking of explanations from you as tn￿te¢S ¢onc¢rning any Such matters. The procedures und¢rtak¢n do not provide all the evidence that would be require4J in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited lo those matters set out in the sta*meni below. Independent examiner's statement In connection with my examination, no maller has Come to my attention: (i) which gives me reasonable cause to believe that in any material respect the rquirements.. to kcep accounting records in ￿CordanCe wish section 386 of ihe Companies Aci 2006: and to prepare accounts which accord with the ￿cOUntIng records, comply with the accounting requirements of the Companies Ad 2(K)6 and with the methods and principles of the Stalement of Recommended Prnctice: Accounling and RepK)rting by Charities (revised 2IX)5) hav¢ not b¢¢n m¢t' or (2) to which, in rny opinion, attention shou]d be drawn in order to enable a pTr)per understanding of the accounts to be reached. Jill Keehw FCA Britt & Keehan Chartered Accountants Date: 16 July 2021 33 Grimwade Avenue Croydon CRO 5DJ HOME-START CROYDOIY STATEMENT OF FINANCIAL ACTIVITIES AND INCOhlE AND EXPENDJTURE ACCOUN[ FOR THE YEAR ENDED 31 MARCH 2021 UNRESTRIcfED REsfRicfED FUNIDS 2021 ioio INCOMING RESOLRCES Donations A¢livilies for 8en¢ratin8 fimds Investment income Charitable activities 17.196 120 24 17.196 120 24 251509 14,309 6,852 138 182 129 TOT AL INCOMING RESOURCES 68 84_9 203 428 RESOURCES ExPE￿DED Raising Charitable acliviti¢s 2.697 2,697 8.493 TOTAL RESOURCES EXPENDED 91 NET IOUTGONG)ITNCOMING RESOURCES BF.FORE TRANSFERS 12,505 22,431 34,936 154,619) TRANSFER 12.505 22.431 34.936 (54,619) Funds brou¥hi fonvard al 31 March 2020 24.946 22.413 47.359 101,978 FUNDS CARRIED TrORWARD At 31 Marcb 21J21 £37,451 £82295 £47,359 The sialement of financial activities Includ￿ all ￿dIn5 and losses ill th¢ year. All inwlljing re5our￿5 and resour￿$ ¢Xpen￿ derive from c(KAtinuing activities. HO￿lE-sTART CROYDO BALANCE SHEET AS AT 31 MARCH 2021 NOTES 2021 2020 FtXED ASSETS Tangibl¢ Fixed Assets 2,161 3,025 CURRENT ASSETS Cash at bank and in hand DebtOTS 85,856 48,843 300 86,644 49,143 CREDfTORS (amounts fallin8 due within one year) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES £82.295 £47,359 FUNDS RcslriGt¢d Funds Unrestricted Funds - G¢n¢ral - Designated 44.844 22,413 17,451 4,946 £82.295 £47,359 Th¢ a¢¢ounts are prepared in accordan(% with the special provi8i(w within Part 15 of the Companie8 A¢1 2006 relating lo small companies For th¢ financial year endeAJ 31. March 2021 the company was ¢nliiled (o ¢x¢mption from audil under s¢¢tion 477 of the compani￿ Act 2006 and no n<￿Ice has been dep)siied under se¢iion 476. The direcl¢)rs ￿knoWledge8 ¢heiT regp(msibilities for ensurin8 that the company keq)s accouniin8 records which comply with section 386 and for preparing accounts which give a Ift￿ and fair view of the state of affairs of the ￿MpanY as 81 the end of the financial year and of ils profil or loss for the financia] year in accordance with the requirements of section 396 and which otherwise comply with thc requirements of the Companies Act 2{￿ relating to accounls, so far as applicable to the company. Approved by the Directors owjuly 2021 and signed on their behaifw. Sign¢d .. l McRobbie- Chair P Menon - TreasureT The not on pages 9 to 14 fomi an integral part of thase accounts. HOME-START CROYDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES Basis ofAccounting. The financial ststemeDts have been prepared in accordance with Accounting and Reporting by Charities: Statcmenl of Recommended Practice applicable io charities preparing th¢ir accounls in accordance with the Financial Reporting Standard (FRS) 102 and th¢ Companies Act 2006. The financial statements have been PTepared on a going CO￿ern basis. The T￿￿teeS are of the opinion that there are no material uncertainties which ex1￿ which would mean that the charity's ability to ¢onlinu¢ as a going concern was in any doubt Legal slalus of the charuy. The charity is a company limited by guarantee and has no share capital. In the event of the charity b¢iDg wound up, the liability in re8pe¢r of the guaranlee is limited to £1 per member of the charity. Incoming 4nd Outgoing resources. All incom¢ is accounled for on a r¢c¢ivable basis. Donations in kind arc recognized at the value to the charity and arc included in both income avbd cxpenditurc. Expenditure is accounled for on an accruals basis. Direcl charitablc expenditure comprises all expenditure relatin8 to the objects of the charity. includin8 costs incurred in supporting charilable activities. Oiher exp¢nditur¢ comprises fund raising costs and expenditu￿ on the governance of the charity. Where expendilure cannot be direcily attribuied io a single activity, it is allocated between activities on a basis consisienl with the use of resources. Tangible Fiyed Assets. Individual assets costin8 in excess of £l,OW are capitalised. Depreciation is provided on all tangible fixed assets at rntes calculated lo write otT the cost less estimated residual value of each asscl syst¢mati¢aUy over its expect￿ useful life: Olfice Equipment _ 250/0 straight line basis calculated on a quarterly basis. Lease cosls. Rentals paid under operatin8 Icascs charges to the statement of financial activiti¢$ on a siraighi line basis over the lease tern). Penslon co,rfs. PensioD contrtbutions arc charged to the slatemcnt of financial activitics as they fall due. Employees ol the charity are members ol a defll)ed contribulion pension schcme. PUBLIC BENEFrr The charity meets the definition of a public benefit entity under FRS 102. HOLIIE-START CROYDON NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2021 continued FIXED ASSETS TANGIBLE FIXED ASSETS Cost.. BTought forward Additions Office ui menl 4,563 Canicd forward Depreciation: Brought forward Charge for the year 1.538 864 Carried forward NET BOOK VALUE Al 31 mS￿h 2021 At 31 March 2020 025 2021 2020 DEBTORS Accounts receivable 788 £788 300 £300 CREDITORS - Amounts falllng due wlthin one year Income received in advance Accruals Grants payable h)dependent examination & accountancy fce5 30 1.279 2,450 £6,510 £4,809 io- HOME-START CROYDOIY NOTES TO THE FINANCIAL STATEMENTS (eonilnued) FOR THE YEAR ENDED 31 MARCH 2021 6 FUNDS RESTIUCTED FUNDS Restricted funds are those which have been raised for specific projects fa]ling within the charitable objectives: Ba]ance Balance 1.03, ABCD Partn¢rship Home-stsrt UK- Young Mums Connecting From the Siart Croydon Relief in N¢¢d Big Lottery Connecting F8milies al Cl)rislmas Cosar&f Charitable Foundation 18.229 45.(KK) I O,(KK) 40.296 i O,(K)O 4,827 22,933 173 13,195 13.195 16,590 16,590 3,0(J) £22.413 £104.847 £ 82,416 £ 44,844 UNRESTRICTED FUNDS Unrestricted funds are those which the Tn￿lee5 are frce to usc in accordance with clwitable objectives. Designated fimds, within the unrestrictsd funds, have been earniarkeA by the trusice5 for a specific purpose Balan¢¢ Balance General Fund De8ign81ed Fund - stair￿8 wntin8¢n¢y 4,946 164,(M)2 151,497 17,451 £24.946 £164.002 £151,497 £37,451 SUMMARY OF NET ASSETS BY FUND Tangible Fixed Assets Net Current Assets TOTAL 2021 TOTAL 2020 Restricted Generni Designated 44.844 17.451 22,413 4,946 2.161 15290 £2,161 £ 80.134 £82.295 £47,359 HOME-START CROYDON NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR E￿I)ED 31 MARCH 2021 2021 2020 INCOMING RESOURCES Donations: G¢ncral In kind- premises rent Acdvities for generating fuDds: Fund raising Administering DBS thecks Room hire Investment Income Ch*rltable aedvltles: London Borough of Croydon:. Best Start- Parent Champions Best Start- Hom¢ Visitin8 COVID-19 granl Croydon Relief in Need LBC & Family Action ABCD partnership with CVA ABCD Fieldway Family Centre Home-stsrt UK Other Big Lottery Grants for dislribution London Community Foundation Pears Foundation Cosaraf ChaTitable Foundation 5,196 12.(KK) 2,309 12,((Ki 5.796 560 496 138 120 24 49.986 49,956 1,549 13.195 50,104 49,956 5,376 45.000 8,588 45,000 9,434 21.195 937 16,590 16,950 6,605 25,￿0 £268 849 £203 428 CHARITABLE ACTIVITtES Dlrert Costs: Family groups expenses Staff expenses and training Training, Infonnation & GuidJwe- Home-start UK Volunteer recruitment, training & expenses Marketing Distribution of grants Project evaluation 7.117 7,572 3,662 J,404 404 7.835 3,984 3,786 3.778 1,7 16,611 400 38,094 20,159 Governydnee costs: Independent Examiner's fee & accountancy assistance Examiner's fee understated in previous years AGM costs Legal f¢es 1,480 432 1,470 55 40 39,659 179,988 22,071 182.757 Staff salaries (Note I l) Support Costs: (Nole 12) £231216 £249 554 12- HOME-START CROYDON NOTES TO THE FtNANCIAL STATEMENTS (continued) FOR THE YEAR EYDED 31 MARCH 2021 2021 2020 10. COSTS OF GEhTRATING VOLuNfARY INCOME salaries (Note I l ) Support costs: (Note 12) Fund raising wsts C05t of fund raising events 2,160 321 216 2,222 368 216 £2.697 £8.493 11 STAFF SALARIES Salaries Pensions Temporary stsff Employers NationaI Insurance 165.132 4,359 7,528 163,779 4.199 5,123 £184.917 £182,210 Direct charitable wsts Governance Cost o(g¢n¢ratin8 funds 179,698 3.059 176.645 3,343 £184,917 £182,210 No employee earned £60.000 pa or rnOT¢. Th¢ av¢rng¢ number of employees was 9. {2020- 10). J2 SUPPORT COSTS Reni (in kind donation) Stationery and photOv¢opier Bank charges Payroll administration cosls Telephone. mobil¢s and postage Insurance Maintenan¢¢ computers & office equipmcnl Premises exp¢n Dq)recialion Oth¢r miscellaneous expenses 12,IN)O 1,489 186 130 5,316 1,042 2,850 1.732 864 12,000 2.531 346 133 6.119 964 3,029 2,256 432 £26,709 £30,275 Direct charitsble costs Governance Cost of genernting fimds 25,934 454 321 £26,709 29,355 552 368 £30,275 Support costs have bcen allocated on thc basis of stslyiime aThl costs incuTTed. 13- HO%￿-START CROYDOY NOTES TO THE FINANCIAL sTATE￿NTs (Continued) FOR THE YEAR ENDED 31 MARCH 2021 13 TRUSTEE REMUNERATION AND RELATED PARTIES No tsustee was paid remuneration or expenscs. (2020- Nil). No trustee or oiher person related to the charity had any personal interest in any contract or transaclion entered into by the ¢hhriiy during the year (2020 -. none). 14-