## **Home-Start Horizons** ## **Charity No. 1108455** **Company No. 05352252** **Trustees' Report and Unaudited Accounts** **31 March 2021** **Home-Start Horizons Trustees Annual Report** The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2021. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. 05352252** ## **Charity No. 1108455** ## **Principal Office** Business Box 3 Oswin Road Leicester LE3 1HR ## **Registered Office** Business Box 3 Oswin Road Leicester LE3 1HR ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: P. Akroyd - S. Bowie - B. Cresswell - H. Everett - J. Hammond - A. Holland - R. Pearson ## **Company Secretary** E. Macmanard ## **Key Management Personnel** Chief Executive Officer Stuart Sullivan Operations Manager Elaine Macmanard ## **Accountants** Pro Active Accounting Forester Building 29-35 St Nicholas Place Leicester LE1 4LD Page 1 **Home-Start Horizons Trustees Annual Report** ## **Bankers** National Westminster Bank Plc 1 Granby Street Leicester LE1 6EJ ## **OBJECTIVES AND ACTIVITIES** Home-Start Horizons aims to increase the confidence and independence of families by: - Offering support, friendship and practical assistance - Visiting families in their own homes - Reassuring parents bringing up children and encouraging them to enjoy family life - Developing a relationship with the family in which time can be shared and understanding can be developed - Encouraging families to widen their network of relationships and to use effectively the support and services available in the community The charity has adopted policies on equality and diversity, safeguarding, health and safety, complaints and confidentiality and a range of defined practices designed to guide the organisation towards best practice. ## **PUBLIC BENEFIT THAT IS PROVIDED BY THE CHARITY** Home-Start Horizons provides a unique service; recruiting and training volunteers to offer families informal, friendly and confidential support. Home-Start Horizons works with parents on a one to one basis in their own home, building supportive relationships and responding directly to the family’s individual needs. In this way, Home-Start Horizons has a proven, lasting and positive impact on the development of children and the health and welfare of families. Home-Start Horizons works to establish successful links with families who are particularly ‘hard to engage’, isolated, disadvantaged or are experiencing multiple and complex difficulties as well as with families who need support to prevent stressful situations becoming crisis points. All Home-Start Horizons schemes are affiliated to the national body Home-Start UK by a national agreement aimed to ensure a consistent and quality service. Home-Start UK provides information, advice, training and guidance in all aspects of managing schemes. Home-Start Horizons has a comprehensive Quality Assurance system, based on 8 quality areas. Home-Start Horizons aims to continue to work towards ensuring that Home-Start Horizons services are sustained. ## **THE CONTRIBUTION OF THE VOLUNTEERS** The role of the Chief Executive, Operations Manager, coordinators and administration team is to work alongside the trustees to manage and administer the work of the organisation according to agreed policies and procedures. The role of the co-ordinators is to recruit, train, support and supervise the team of home visiting volunteers, receive referrals, assess needs, link volunteers to families and monitor and evaluate work with families, develop and facilitate support through family groups, and liaise with referrers and other agencies working with children and their families. The whole staff team works together to provide a quality service to both families and volunteers, positively promote Home-Start Horizons throughout Leicester, Leicestershire and Rutland to contribute to local strategies for the support of children and their families and work in partnership with all organisations with the interest of children and their families. ## **ACHIEVEMENTS AND PERFORMANCE** Page 2 **Home-Start Horizons Trustees Annual Report** 2020-21 saw one the biggest challenges in the 47 year history of Home-Start Horizon’s work; severe impact on the families we support, indeed the whole of the UK and the world. The Covid-19 pandemic affected everything that we all do and necessitated a change to services from March 2020, to adhere to new regulations, to protect staff, volunteers and families from Covid-19 whilst continuing delivering to marginalised families who were often further isolated by lockdowns and enforced isolation. The period that this annual report relates to, April 2020 to March 2021, was a period where much of the patch we support was under extended lockdowns and restrictive measures, for almost the entire year – many of which remain in place. In order to overcome these challenges to continue to deliver services, the organisation revised services to a primarily virtual model, with utilisation of telephone, whats app and video support and restricted outdoor visiting. The forward planning that had taken place in previous years, moving the organisation closer to paperless offices and online access to information, meant that this transition, whilst challenging, was possible and undertaken swiftly, ensuring support to families continued. Innovative models of work were developed by our skilled staff team, who integrated virtual playgroups, resource packs and delivered our largest single grant over a short period, from October 2020 to February 2021, leading on a Lottery Funded Project to Feed Leicester’s children, overseeing an incredible over 12k food parcels to over 2.5k children in less than 6 months. These projects are testament to the flexibility and commitment of staff; even a pandemic and lockdown will not restrict our desire to make a positive impact upon the lives of children and limit any detriment to their lives. Aside from service provision, our work to secure long-term sustainable funding did not stop with the pandemic; new grants have been secured and plans commenced to consider long-term strategic responses to the post-Covid world and sustainability of funding in the Early Help, non-statutory field. Our success in securing funding is testament to the impact made by services enabled by staff and volunteers, that grant funders see as a successful, impactful, and cost-effective model. The pandemic saw the almost complete closure of Children’s Centres, redeployment of many Health Visitors to Covid related work and Social Care’s direct access to families severely restricted; this in turn saw a significant fall in referrals from these traditional sources. So, whilst need was undoubtedly significant, demonstrated by those families supported, it is clear that much need has gone unseen and unsupported. Within this context we directly supported 121 families in total throughout the year, 412 children, lower numbers than average. However much of this support was significant and supporting complex need, with substantial staff input, particularly with the restrictions on volunteers. The overall delivery of the Lottery funded Holiday Hunger Project supported a further 2,500 children with parcels via direct support and delivery by Leicester’s Adventure Playgrounds. ## **FINANCIAL REVIEW** Net income for the year was £53,530, an increase of 38% over the previous year, sourced £347,296 from grants and donations and £1,119 from Investment income. However, after the payment of premises costs, employee costs and other costs, there was £242,645 spent on charitable activities and £52,240 on other expenditure. Funds bought forward from April 2020 were £258,705, after an Acturial loss of £1,428, total funds at year end to take forward were £310,807. The charities sector continues to face challenging times and therefore the trustees consider it prudent to hold reserves to meet cash-flow variances, unexpected liabilities and in the event of closure, staff redundancies and the pension fund liability. The aim of the Trustees is to hold reserves of 4 months budgeted expenditure plus the pension fund liability on ceasing to trade. At 31st March 2021 our budgeted expenditure for 2021/22 was £386,000 and the pension fund liability was £149,000 and therefore the reserves of £310,808 are more than adequate. ## **PLANS FOR FUTURE PERIODS** Page 3 **Home-Start Horizons Trustees Annual Report** A large charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ... A large charity's report should explain the trustees perspective of the future direction of the charity... ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The structure of the charity ensures strategic and operational management are separated, in order to meet the challenge of survival of Home-Start Horizons, retaining services to families and sustaining the charity. The CEO has overall responsibility for the delivery of the business plan, development of the strategy and securing of diverse funding. The CEO reports directly to the Board of Trustees. The Operations Manager reports to the CEO as well as the Board of Trustees and has responsibility for staff and operational management, safeguarding, policies and procedures. The charity is controlled by its governing documents, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Trustees are appointed in accordance with the company’s articles. Those who served during the period are detailed on page 1. The committee comprises of trustees and advisory members from the statutory, voluntary and independent sectors. Trustees have overall responsibility for determining and implementing policies, financial control and accountability, employment and deployment of staff, premises, insurance, the Annual Report, and monitoring and evaluation of the work of the organisation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board S. Bowie Trustee 21 October 2021 Page 4 **Home-Start Horizons Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Home-Start Horizons** I report to the charity trustees on my examination of the accounts of Home-Start Horizons for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes. ## **Responsibilities and basis of report** As the trustees of the charity (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 charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, 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 carrying 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 statement** As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of FCCA. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that: - accounting records were not kept in accordance with section 386 of the 2006 Act ; or - the accounts do not accord with those records; or - the accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or - the accounts have not been prepared in accordance with the Charities SORP (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mahmood Reza FCCA Pro Active Accounting Forester Building 29-35 St Nicholas Place Leicester LE1 4LD 21 October 2021 Page 5 **Home-Start Horizons Statement of Financial Activities** ## **for the year ended 31 March 2021** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Other trading activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Charitable activities
8
Other
9
**Total**
Net gains on investments
**Net income**
10
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
Actuarial (Losses)/Gains on
defined benefit pension
schemes
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricte**
**d funds**
**2021**
**£**
53,713
-
1,119
17,582|**Restricted**
**funds**
**2021**
**£**
276,001
-
-
-|**Total funds**
**2021**
**£**
329,714
-
1,119
17,582|**Total funds**
**2020**
**£**
368,599
1,998
-
2,262| |---|---|---|---|---| ||72,414
41,372
7,743|276,001
201,273
44,497|348,415
242,645
52,240|372,859
259,972
73,994| ||49,115
-|245,770
-|294,885
-|333,966
-| ||23,299
(58,326)|30,231
58,326|53,530
-|38,893
-| ||(35,027)
(1,428)|88,557
-|53,530
(1,428)|38,893
1,342| ||(36,455)
267,047|88,557
(8,342)|52,102
258,705|40,235
218,470| ||230,592|80,215|310,807|258,705| Page 6 **Home-Start Horizons Summary Income and Expenditure Account** ## **for the year ended 31 March 2021** |Income
Interest and investment income
**Gross income for the year**
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2021**
**£**
347,296
1,119
348,415
289,498
1,111
4,276
294,885
53,530
53,530|**2020**
**£**
372,859
-| |---|---|---| |||372,859| |||330,708
759
2,499| |||333,966| |||38,893| |||38,893| Page 7 **Home-Start Horizons Balance Sheet** ## **at 31 March 2021** |**at 31 March 2021**||||| |---|---|---|---|---| |**Company No.**
**05352252**|**Notes**|**2021**||**2020**| |||**£**||**£**| |**Fixed assets**||||| |Intangible assets|12|2,841||-| |Tangible assets|13|5,841||5,072| |||8,682||5,072| |**Current assets**||||| |Debtors|14|13,495||635| |Investments|15|85,000||85,000| |Cash at bank and in hand||289,963||235,915| |||388,458||321,550| |**Creditors:**Amount falling due within one year|16|(44,577)||(18,441)| |**Net current assets**||343,881||303,109| |**Total assets less current liabilities**||352,563||308,181| |**Net assets excluding pension asset or liability**||352,563||308,181| |**Defined benefit pension scheme liability**||(41,756)||(49,476)| |**Total net assets**||310,807||258,705| |**The funds of the charity**||||| |**Restricted funds**|17|||| |Restricted income funds||80,215||(8,342)| |||80,215||(8,342)| |**Unrestricted funds**|17|||| |General funds||230,592||267,047| |||230,592||267,047| |**Reserves**|17|||| |**Total funds**||310,807||258,705| These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 21 October 2021 And signed on its behalf by: B. Cresswell Page 8 Hom+Start Horizon$ Balance Sheet Trustee 21 October 2021 Page 9 **Home-Start Horizons Statement of Cash flows for the year ended 31 March 2021** |**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Amortisation of intangible assets
Dividends, interest and rents from investments
Increase in trade and other receivables
Increase/(Decrease) in trade and other payables
**Net cash provided by/(used in) operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Payments for intangible assets
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase/(decrease) in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2021**
**£**
52,102
2,877
1,399
(18,701)
(12,860)
18,416
43,233
(3,646)
(4,240)
18,701
10,815
-
54,048
320,915
374,963
374,963
374,963|**2020**
**£**
40,235
2,499
-
(2,262)
(137)
(51,724)| |---|---|---| |||(11,389)
(1,382)
-
2,262| |||880| |||| |||-| |||| |||(10,509)| |||331,424| |||320,915| |||| |||320,915| |||| |||320,915| Page 10 **Home-Start Horizons Notes to the Accounts** ## **for the year ended 31 March 2021** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. - Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 11 **Home-Start Horizons Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures, fittings & 33% reducing balance equipment ## **Intangible fixed assets and amortisation** Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses. Software 33% Reducing balance ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Page 12 **Home-Start Horizons Notes to the Accounts** ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. Page 13 ## **Home-Start Horizons** ## **Notes to the Accounts** |3|**Statement of Financial Activities - prior year**||||||| |---|---|---|---|---|---|---|---| |||||**Unrestricted**||**Restricted**|| |||||**funds**||**funds**|**Total funds**| |||||**2020**||**2020**|**2020**| |||||**£**||**£**|**£**| |**Income and endowments from:**|||||||| ||Donations and legacies|||87,510||281,089|368,599| ||Other trading activities|||1,234||764|1,998| ||Other|||2,262||-|2,262| |**Total**||||91,006||281,853|372,859| |**Expenditure on:**|||||||| ||Charitable activities|||59,028||200,944|259,972| ||Other|||19,238||54,756|73,994| |**Total**||||78,266||255,700|333,966| |**Net income**||||12,740||26,153|38,893| |**Net income before other**
**gains/(losses)**||||12,740||26,153|38,893| |**Other gains and losses:**|||||||| ||Actuarial Gains on defined benefit pension
schemes|||1,342||-|1,342| |**Net movement in funds**||||14,082||26,153|40,235| |**Reconciliation of funds:**|||||||| |Total funds brought forward||||168,486||49,984|218,470| |**Total funds carried forward**||||182,568||76,137|258,705| |4|**Income from donations and legacies**||||||| |||**Unrestricted**||**Restricted**||**Total**|**Total**| |||||||**2021**|**2020**| |||**£**||**£**||**£**|**£**| ||Donations and gifts from
individuals|51,964||840||52,804|74,424| ||Revenue grants from||||||| ||government and public|-||-||-|650| ||bodies||||||| ||Revenue grants and||||||| ||donations from non-public|1,749||275,161||276,910|293,230| ||bodies||||||| ||Revenue from legacy|-||-||-|295| |||53,713||276,001||329,714|368,599| Page 14 **Home-Start Horizons Notes to the Accounts** - 5 **Income from other trading activities** |Income from fundraising
events
6
**Income from investments**
Bank interest receivable
7
**Other income**
Other income
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Defined benefit pension
costs
Family trips and activities
Gross wages and salaries
Group expenses
_Governance costs_
Independent examiner's fees|**Unrestricted**
**£**
554
-
40,817
1
-
41,372|**Unrestricted**
**£**
1,119
1,119
**Unrestricted**
**£**
17,582
17,582|**Total**
**2021**
**£**
-
-
**Total**
**2021**
**£**
1,119
1,119
**Total**
**2021**
**£**
17,582
17,582|**Total**
**2020**
**£**
1,998| |---|---|---|---|---| |||||1,998| |||||**Total**
**2020**
**£**
-| |||||-| |||||**Total**
**2020**
**£**
2,262| |||||2,262| |||||| |||**Restricted**
**£**
13,598
8,377
176,546
760
1,992
201,273|**Total**
**2021**
**£**
14,152
8,377
217,363
761
1,992
242,645|**Total**
**2020**
**£**
15,979
4,017
224,272
12,204
3,500| |||||259,972| Page 15 **Home-Start Horizons Notes to the Accounts** 9 **Other expenditure** |9|**Other expenditure**||||| |---|---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Total**|**Total**| |||||**2021**|**2020**| |||**£**|**£**|**£**|**£**| ||Other interest payable|1,111|-|1,111|759| ||Employee costs|735|13,291|14,026|31,457| ||Premises costs|-|12,122|12,122|21,480| ||Amortisation, depreciation,||||| ||impairment, profit/loss on|4,276|-|4,276|2,499| ||disposal of fixed assets||||| ||General administrative costs|1,621|9,545|11,166|9,473| ||Legal and professional costs|-|9,539|9,539|8,326| |||7,743|44,497|52,240|73,994| |10|**Net income before transfers**||||| ||||**2021**||**2020**| ||This is stated after charging:||**£**||**£**| ||Depreciation of owned fixed assets||2,877||2,499| ||Amortisation of intangible fixed assets||1,399||-| |11|**Staff costs**||||| ||Social security costs||10,349||14,750| ||||10,349||14,750| ||No employee received emoluments in excess of £60,000.||||| ||The average monthly number|of full time equivalent employees during the year was as follows:|||| ||||**2021**||**2020**| ||||**Number**||**Number**| ||The average number of part||||| ||time staff employed in the||9||9| ||year||||| ||The average number of full||||| ||time staff employed in the||3||4| ||year||||| ||||12||13| ||The charity operates a defined contribution pension scheme, the costs of which are shown above.||||| ||Current contributions on a salary are 8% for the employer and 6% for staff.||||| Any liabilities and assets associated with the scheme are shown under debtors and creditors. Page 16 **Home-Start Horizons Notes to the Accounts** ## 12 **Intangible fixed assets** |**Cost**
Additions
At 31 March 2021
**Amortisation and**
**impairment**
Amortisation charge for the
year
At 31 March 2021
**Net book values**
At 31 March 2021
Intangible assets refers to software costs||**Other**
**£**
4,240
4,240
1,399
1,399
2,841|**Total**
**£**
4,240| |---|---|---|---| ||||4,240| ||||1,399| ||||1,399| ||||2,841| ||||| ||||| ||||| |13 **Tangible fixed assets**
**Cost or revaluation**
At 1 April 2020
Additions
At 31 March 2021
**Depreciation and**
**impairment**
At 1 April 2020
Depreciation charge for the
year
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
14 **Debtors**
Other debtors
Prepayments and accrued income|**2021**
**£**
-
13,495
13,495|**Fixtures,**
**fittings &**
**equipment**
**£**
20,183
3,646
23,829
15,111
2,877
17,988
5,841
5,072|**Total**
**£**
20,183
3,646| ||||23,829| ||||15,111
2,877| ||||17,988| ||||5,841| ||||5,072| ||||**2020**
**£**
162
473| ||||635| Page 17 **Home-Start Horizons Notes to the Accounts** ## 15 **Current asset investments** |15 **Current asset investments**||| |---|---|---| |Unlisted investments
16 **Creditors:**
amounts falling due within one year
Other creditors
Accruals and deferred income|**2021**
**£**
85,000
85,000
**2021**
**£**
-
44,577
44,577|**2020**
**£**
85,000| |||85,000| |||**2020**
**£**
2,001
16,440| |||18,441| Page 18 **Home-Start Horizons Notes to the Accounts** ## 17 **Movement in funds** |17 **Movement in funds**|||||| |---|---|---|---|---|---| ||**At 1 April**
**2020**
(8,342)
-
-
-
-
-
-
(8,342)
267,047
258,705|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
155,991
12,302
19,434
19,500
15,013
15,000
38,761
276,001
70,986
346,987|**Resources**
**expended**
**£**|**Gross**
**transfers**
**£**
58,326
-
-
-
-
-
-
58,326
(58,326)
-|**At 31**
**March**
**2021**
**£**
57,901
4,709
(12,077)
11,367
10,163
1
8,151| |**Restricted funds:**
**Restricted income funds:**
Reaching Communities
Children in Need
Sport England
Leicester-Leics-Blaby
Community Funds
The Henry Smith Foundation
The Randal+Carlton Hayes
for MIMs
Other funds, £10,000 and
below
_Total_
**Unrestricted funds:**
**General funds**
**Revaluation Reserves:**
**Total funds**|||||| ||||(148,074)||| ||||(7,593)||| ||||(31,511)||| ||||(8,133)||| ||||(4,850)||| ||||(14,999)||| ||||(30,610)||| ||||(245,770)
(49,115)
(294,885)||| ||||||80,215| ||||||230,592| ||||||310,807| Purposes and restrictions in relation to the funds: Restricted funds: Reaching Communities Children in Need Sport England Leicester-Leics-Blaby Community Funds The Henry Smith Foundation The Randal+Carlton Hayes for MIMs Other funds, £10,000 and below Page 19 **Home-Start Horizons Notes to the Accounts** ## 18 **Analysis of net assets between funds** |18 **Analysis of net assets between funds**|||| |---|---|---|---| |Fixed assets
Net current assets
19 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**Unrestricted**
**funds**
**£**
8,682
330,902
339,584
**At 1 April**
**2020**
**£**|**Restricted**
**funds**
**£**
-
12,979
12,979
**Cash flows**
**£**|**Total**
**£**
8,682
343,881| ||||352,563| ||||**At 31**
**March**
**2021**
**£**| ||235,915|54,048|289,963| ||235,915
235,915|54,048
54,048|289,963| ||||289,963| 20 **Related party disclosures** _**Controlling party**_ The company is limited by guarantee and has no share capital; thus no single party controls the company. Page 20 **Home-Start Horizons Detailed Statement of Financial Activities** ## **for the year ended 31 March 2021** |**Income and endowments from:**
Donations and legacies
Donations and gifts from
individuals
Revenue grants from government
and public bodies
Revenue grants and donations
from non-public bodies
Revenue from legacy
Other trading activities
Income from fundraising events
Investments
Bank interest receivable
Other
Other income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Defined benefit pension costs
Family trips and activities
Gross wages and salaries
Group expenses
Governance costs
Independent examiner's fees
**Total of expenditure on charitable**
**activities**
Other expenditure
Other interest payable
Employee costs
Employer's NIC
Staff entertainment
Staff recruitment|**Unrestricte**
**d funds**
**2021**
**£**
51,964
-
1,749
-
53,713
-
-
1,119
1,119
17,582
17,582
72,414
554
-
40,817
1
41,372
-
-
41,372
1,111
1,111
735
-
-|**Restricted**
**funds**
**2021**
**£**
840
-
275,161
-
276,001
-
-
-
-
-
-
276,001
13,598
8,377
176,546
760
199,281
1,992
1,992
201,273
-
-
9,614
42
199|**Total funds**
**2021**
**£**
52,804
-
276,910
-
329,714
-
-
1,119
1,119
17,582
17,582
348,415
14,152
8,377
217,363
761
240,653
1,992
1,992
242,645
1,111
1,111
10,349
42
199|**Total funds**
**2020**
**£**
74,424
650
293,230
295| |---|---|---|---|---| |||||368,599| |||||1,998| |||||1,998| |||||-| |||||-| |||||2,262| |||||2,262| |||||372,859
15,979
4,017
224,272
12,204| |||||256,472| |||||3,500| |||||3,500| |||||259,972
759| |||||759| |||||14,750
642
1,112| Page 21 ## **Home-Start Horizons** ## **Detailed Statement of Financial Activities** |Staff training
Staff welfare
Temporary staff
Premises costs
Rent
Rates
General administrative costs,
including depreciation and
amortisation
Amortisation
Depreciation of Fixtures, fittings
& equipment
Bank charges
General insurances
Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Consultancy fees
Management charges
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other recognised gains and losses**
Actuarial (Losses)/Gains on
defined benefit pension schemes
Other Gains|-
-
-
735
-
-
-
1,399
2,877
1,398
219
-
-
-
-
4
5,897
-
-
-
-
-
-
7,743
49,115
-
23,299
(58,326)
(35,027)
(1,428)
-|1,843
1,593
-
13,291
11,770
352
12,122
-
-
1,007
1,437
348
2,211
418
1,031
3,093
9,545
180
706
2,400
6,001
252
9,539
44,497
245,770
-
30,231
58,326
88,557
-
-|1,843
1,593
-
14,026
11,770
352
12,122
1,399
2,877
2,405
1,656
348
2,211
418
1,031
3,097
15,442
180
706
2,400
6,001
252
9,539
52,240
294,885
-
53,530
-
53,530
(1,428)
-|887
7,238
6,828| |---|---|---|---|---| |||||31,457| |||||21,282
198| |||||21,480| |||||-
2,499
2,565
1,352
271
1,409
587
563
2,726| |||||11,972| |||||1,135
-
34
6,665
492| |||||8,326| |||||| |||||73,994| |||||333,966
-| |||||38,893
-| |||||38,893
1,342
-| Page 22 **Home-Start Horizons Detailed Statement of Financial Activities** |**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|(36,455)
267,047
230,592|88,557
(8,342)
80,215|52,102
258,705
310,807|40,235| |---|---|---|---|---| |||||218,470| |||||258,705| Page 23