2022-03-31-accounts - Home-Start Horizons

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			Pages
Trustees' Annual Report			2to6
Independent Examiner's	Report
Statement of FinancialActivities
Summary Income and Expenditure		Account
Balance Sheet			10to	11
Statement ofCash flows				12
Notes tothe Accounts			13to	21
Detailed Statement of Financial Activities			22to	24

				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2022	2022	2022	2021
			Notes	E	E	E	E
Income and	endowments
from:
Donations	and legacies			53,190	297,793	350,983	329,714
Investments				434		434	1,119
Other							17,582
Total				53,624	297,793	351,417	348,415
Expenditure	on:
Charitable	activities			61,142	235,652	296,794	242,645
Other				11,446	29,932	41,378	52,240
Total				72,588	265,584	338,172	294,885
Net gains on	investments
Net income				(18,965)	32,210	13,245	53,530
Transfers between funds				(7,710)	7,710
Net income before other
gains/(losses)				(26,675)	39,920	13,245	53,530
Other gains and losses
Actuarial Gains/(Losses)		on
defined benefit pension				21,145		21,145	(1,428)
schemes
Net movement in funds				(5,530)	39,920	34,390	52,102
ReconciTiation	offunds:
Total funds brought forward				319,149	(8,342)	310,807	258,705
Total funds carried forward				313,619	31,578	345,197	310,807

			2022	2021
			E	E
Income			350,983	347,296
Interest and	investment	income	434	1,119
Gross income forthe year			351,417	348,415
Expenditure			333,993	289,498
Interest payable			237
Depreciation	and charges	for
impairment	offixed assets		3,942	4,276
Total expenditure for the year			338,172	294,885
Net income	before tax for the year		13,245	53,530
Net income	for the year		13,245	53,530

Home-Start Horizons Balance Sheet at 31March 2022	Home-Start Horizons Balance Sheet at 31March 2022
Company No. 05352252		Notes	2022	2021
			6	6
Fixed assets
Intangible assets		11	1,904	2,841
Tangible assets		12	3,224	5,841
			5,128	8,682
Current assets
Debtors		13	464	13,495
Investments		14	85,000	85,000
Cash at bank and	in hand		349,502	289,963
			434,966	388,458
Creditors: Amount falling due within one year		15	(85,212)	(44,577)
Net current assets			349,754	343,881
Total assets less current liabilities			354,882	352,563
Net assets excluding	pension asset or liability		354,882	352,563
Defined benefit pension scheme liability			(9,685)	(41,756)
Total net assets			345,197	310,807
The funds ofthe charity
Restricted funds		16
Restricted income	funds		31,578	(8,342)
			31,578	(8,342)
Unrestricted funds		16
General funds			313,619	319,149
			313,619	319,149
Reserves		16
Total funds			345,197	310,807

Home-start Horizon5 Balance Sheet Trustee 03 October 2022 Page 11

			2022	2021
			6	6
Cash flows from operating	activities
Net income per Statement	ofFinancial Activities		34,390	52,102
Adjustments for:
Depreciation ofproperty, plant and equipment			3,005	2,877
Amortisation ofintangible assets			937	1,399
Dividends, interest and	rents from investments		(434)	(18,701)
Other gains/losses
Decrease/(Increase) in	trade and other receivables		13,031	(12,860)
Increase in trade and other payables			8,563	18,416
Net cash provided by operating activities			59,492	43,233
Cash flows from investing	activities
Payments for property,	plant and equipment		(388)	(3,646)
Payments for intangible	assets			(4,240)
Dividends, interest and	rents from investments		434	18,701
Net cash from investing activities			46	10,815
Net cash from financing activities
Net increase in cash and cash equivalents			59,538	54,048
Cash and cash equivalents	at the beginning	ofthe year	374,963	320,915
Cash and cash equivalents	at the end ofthe year		434,501	374,963
Components ofcash and cash equivalents
Cash and bank balances			434,502	374,963
			434,502	374,963

Republic o	f Ireland (FRS102)and the Companies Act 2006.	f Ireland (FRS102)and the Companies Act 2006.
Change in	basis ofaccounting orto previous accounts
There has been no change to the accounting policies (valuation rules and method						ofaccounting)			since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds		These are available for use atthe discretion	ofthe trustees			in furtherance			of	the
		general objects ofthe 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 ofinvestment assets attheir 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 atthe 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 ofany 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	offixed	at the end ofthe year.
assets
Gains/(losses) on		This includes any gain or loss on the sale of	investments.
investment	assets

3 Statement	of	Financial	A	ctivities - prior year
					Unrestricted	Restricted
					funds	funds	Total funds
					2021	2021	2021
Income and endowments			from:
Donations	and	legacies			53,713	276,001	329,714
Investments					1,119		1,119
Other					17,582		17,582
Total					72,414	276,001	348,415
Expenditure on:
Charitable	activities				41,372	201,273	242,645
Other					7,743	44,497	52,240
Total					49,115	245,770	294,885
Net income					23,299	30,231	53,530
Transfers between		funds			(58,326)	58,326
Net income before		other
gains/(losses)					(35,027)	88,557	53,530
Other gains and losses:
Actuarial Gains		on defined		benefit pension
schemes					(1,428)		(1,428)
Net movement	in funds				(36,455)	88,557	52,102
Reconciliation	offunds:
Total funds brought		forward			267,047	(8,342)	258,705
Total funds carried		forward			230,592	80,215	310,807

4	Income from	donations	and legacies	and legacies
					Unrestricted	Restricted	Total	Total
							2022	2021
	Donations and gifts from				230		230	52,804
	individuals
	Revenue grants and
	donations from non-public				52,960	297,793	350,753	276,910
	bodies
					53,190	297,793	350,983	329,714
5	Income from	investments
						Unrestricted	Total	Total
							2022	2021
	Bank interest	receivable				434	434	1,119
						434	434	1,119
6	Other income
							Total	Total
							2022	2021
							f
	Other income							17,582
								17,582
7	Expenditure	on charitable		activities
					Unrestricted	Restricted	Total	Total
							2022	2021
	Expenditure	on charitable
	activities
	Defined benefit pension				4,814	11,114	15,928	14,152
	costs
	Family trips,	activities and				12,283	12,283	8,377
	group expenses
	Gross wages	and salaries			51,928	201,014	252,942	217,363
	Premises costs				2,940	8,972	11,912	761
	Governance	costs
	Independent	examiner's	fees		1,459	2,270	3,729	1,992
					61,142	235,652	296,794	242,645

							Unrestricted	Unrestricted	Restricted	Total	Total
										2022	2021
	Other interest payable							237		237
	Employee costs							376	3,725	4,101	12,433
	Motor and travel costs								4,755	4,755	1,593
	Premises costs							734	2,243	2,977	12,122
	Amortisation,	depreciation,
	impairment,	profit/loss		on				3,942		3,942	4,276
	disposal offixed assets
	General administrative			costs				(244)	14,433	14,189	11,346
	Legal and professional			costs				6,401	4,776	11,177	9,359
								11,446	29,932	41,378	52,240
9	Net income	before	transfers
									2022		2021
	This is stated	after charging:							f		E
	Depreciation	ofowned		fixed assets					3,005		2,877
	Amortisation	ofintangible			fixed assets				937		1,399
10	Staff costs
									2022		2021
	Social security costs								2,845		10,349
									2,845		10,349
	No employee	received emoluments				in excess off60,000.
	The average	monthly	number offull			time	equivalent	employees	during the year was as follows:
									2022		2021
									Number		Number
	The average	number	of	part
	time staff employed		in the						10
	year
	The average	number	of	full
	time staff employed		in the
	year
									14		12
	The charity operates		a defined contribution				pension	scheme, the	costs ofwhich are shown above.

		Other	Total
Cost
At 1April 2021		4,240	4,240
At 31March	2022	4,240	4,240
Amortisation	and
impairment
At 1April 2021		1,399	1,399
Amortisation	charge for the	937	937
year
At31March	2022	2,336	2,336
Net book values
At 31March	2022	1,904	1,904
At 31March	2021	2,841	2,841
Intangible assets refers to software costs

12	Tangible fixe	d assets
				Fixtures,
				fittings &	Total
				equipment
				g
	Cost or revaluation
	At 1April 2021			23,829	23,829
	Additions			388	388
	At31March	2022		24,217	24,217
	Depreciation	and
	impairment
	At 1April 2021			17,988	17,988
	Depreciation	charge for the		3,005	3,005
	year
	At 31March	2022		20,993	20,993
	Net book values
	At 31March	2022		3,224	3,224
	At 31March	2021		5,841	5,841
13	Debtors
			2022		2021
			f		6
	Prepayments	and accrued income	464		13,495
			464		13,495

14	Current	asset investments
			2022	2021
			f	f
	Unlisted	investments	85,000	85,000
			85,000	85,000
15	Creditors:
	amounts	falling due within one year
			2022	2021
			f	f
	Accruals		10,129	10,202
	Deferred	income	75,083	34,375
			85,212	44,577

			Incoming
			resources			At 31
				Resources	Gross
		At 1April	(including other	expended	transfers	March 2022
		2021	gains/losses)
			E
Restricted funds:
Restricted income funds:
Reaching Communities		(8,342)	60,812	(60,181)	7,710	(1)
Children in Need			19,305	(19,306)		(1)
Sport England			44,482	(44,482)		0
LCC Early Help-Innovation
Fund			16,897	(11,264)		5,633
The Henry Smith Foundation			74,987	(70,125)		4,861
NHS Charities	Together		27,563	(18,198)		9,364
2685 Leics Communities
Fund Round3			11,000	(11,000)
Other funds,	f10,000 and
below			42,748	(31,027)		11,721
Total		(8,342)	297,793	(265,584)	7,710	31,578
Unrestricted	funds:
General funds		319,149	74,769	(72,588)	(7,710)	313,619
Total funds		310,807	372,562	(338,172)		345,197

17	Analysis ofne	t assets between funds
				Unrestricted
				funds	Total
				f	f
	Fixed assets			5,128	5,128
	Net current assets			349,754	349,754
				354,882	354,882
18	Reconciliation	ofnet debt
					At 31
			At 1April		March
			2021	Cash flows	2022
			f	f	f
	Cash and cash	equivalents	289,963	59,539	349,502
			289,963	59,539	349,502
	Net debt		289,963	59,539	349,502

for the year ended 3	1Ma	rch 2022
			Unrestricte	Restricted
			d funds	funds	Total funds	Total funds
			2022	2022	2022	2021
			E	E	E	E
Income and endowments		from:
Donations and legacies
Donations and gifts	from		230		230	52,804
individuals
Revenue grants and donations from non-public bodies			52,960	297,793	350,753	276,910
			53,190	297,793	350,983	329,714
Investments
Bank interest receivable			434		434	1,119
			434		434	1,119
Other
Otherincome						17,582
						17,582
Total income and endowments			53,624	297,793	351,417	348,415
Expenditure on:
Charitable activities
Defined benefit pension		costs	4,814	11,114	15,928	14,152
Family trips, activities and group				12,283	12,283	8,377
expenses
Gross wages and salaries			51,928	201,014	252,942	217,363
Premises costs			2,940	8,972	11,912	761
			59,683	233,382	293,065	240,653
Governance costs
Independent examiner's		fees	1,459	2,270	3,729	1,992
			1,459	2,270	3,729	1,992
Total ofexpenditure activities	on charitable		61,142	235,652	296,794	242,645
Other expenditure
Other interest payable			237		237	1,111
			237		237	1,111
Employee costs
Employer's NIC			376	2,469	2,845	10,349
Staff entertainment				1	1	42
Staff recruitment				145	145	199
Staff training				357	357	1,843
Staff welfare				753	753
			376	3,725	4,101	12,433
Motor and trave Icosts
Travel and subsistence			0	4,755	4,755	1,593

Detailed Statement of	F	inancial Activities
			0	4,755	4,755	1,593
Premises costs
Rent			734	2,202	2,936	11,770
Rates				41	41	352
			734	2,243	2,977	12,122
General administrative		costs,
including depreciation		and
amortisation
Amortisation			937		937	1,399
Depreciation of Fixtures, fittings Ik equipment			3,005		3,005	2,877
Bad debts			323	592	915	180
Bank charges			17	3,028	3,045	2,405
General insurances			0	1,830	1,830	1,656
Postage and couriers			0	94	94	348
Software, ITsupport	and related
costs			(409)	4,659	4,250	2,211
Stationery and printing			0	632	632	418
Subscriptions			(55)	901	846	1,031
Telephone, fax and broadband			(120)	2,697	2,577	3,097
			3,698	14,433	18,131	15,622
Legal and professional	costs
Accountancy and bookkeeping			1,024	128	1,152	706
Consultancy fees				3,480	3,480	2,400
Management charges			5,377	1,120	6,497	6,001
Other legal and professional
costs				48	48	252
			6,401	4,776	11,177	9,359
Total ofexpenditure of	other costs		11,446	29,932	41,378	52,240
Total expenditure			72,588	265,584	338,172	294,885
Net gains on investments
Net income			(18,965)	32,210	13,245	53,530
Transfers between funds			(7,710)	7,710
Net income before other
gains/(losses)			(26,675)	39,920	13,245	53,530
Other recognised gains and losses
Actuarial Gains/(Losses)		on
defined benefit pension		schemes	21,145		21,145	(1,428)
Other Gains
Net movement in funds			(5,530)	39,920	34,390	52,102
Reconciliation offunds:
Total funds brought forward			319,149	(8,342)	310,807	258,705