Home-start Horizons
Charity No. 1108455
Company No. 05352252
Trustees, Report and Unaudited Accounts
31 March 2024

Home-start Horizons
Contents
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
2to6
Summary Income and Expenditure Account
Balance Sheet
io
Notes to the Accounts
Ilto19
Detailed Statement of Financial Activities
20to22
Page I

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 charityforthe year ended 31
March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 05352252
Charity No. 1108455
Principal Office
Business Box
3 Oswin Road
Leicester
LE3 IHR
Registered Office
Business Box
3 Oswin Road
Leicester
LE3 IHR
Dirertors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Directors and Trustees senied durlng the year..
P. Akroyd
N. 8aines-Knox
H. Everett
J. Gomes
E. Goodson
L. Pettitt
S. Tizzard
H. Truemper
Company Secretary
E. Macmanard
Key Management Personnel
Chief Executive Officer
Operations Manager
Accountants
Stuart Sullivan
Elaine Macmanard
l Hate Numbers Limited
Forester Building
29-35 St Nicholas Place
Leicester
LEI 4LD
Page 2

Home-start Horizons
Trustees Annual Report
Bankers
National Westminster Bank PIC
l Granby Street
Leicester
LEI 6EJ
OBJECTIVES AND ACTIVITIES
Home-start Horizons aims to increase the confidence and independence of families by:
- Offering support, friendship and practical assistance
VisitinE 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 pollcies on equality and diversity, safeguardin& 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. Horne-start Horizons works with parents on a one to one basis in their own
home, building su pportive relationships and responding directly to the famil¢s individual needs, In this wayi
Home-5tart 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 administerthe 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 supportthrough 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 Rutla nd to contribute to local
strategies forthe support of children and their farnilies and work in partnership with all organisations with
the interest of children and their families.
ACHIEVEMENTS AND PERFORMANCE
Page 3

Home-start Horizons
Trustees Annual Report
The financial year endinE 31 March 2024 saw development of Home-start Horizon's parental mental health
work. This against a backdrop of an unprecedented 98% of referrals experiencing mental health issues.
Funding was secured via the NHS with the Getting Help in Neighbourhoods project providing more MIMS
P05t-natal illness programme5 and support," and Public Health funded Neighbourhood Mental Health
Programme that extended the MIMS service across the County and into Hinckley & Bosworth as well as
delivering our first Dad's mental health service. This wa5 the result of fantastic work by staff that allowed the
organisation to demonstrate the need to funders and the impact of Home-start's interventions upon an
under5erved group. Both projects were hugely successful, exceeding targets and making a difference for over
100 parents, improving mental health and in turn positively impacting upon children in families.
Core work during the year continued with group work and home-visiting support through staff and
volunteers, with an increase in referrals again, rising by 21YA on the previous year to 320. Excellent work has
been done over the yearwith armed forces families, benefitting from extended seNices funded by Armed
Forces Covenant, with a successful family group at Kendrew barracks and family support for 46 army families,
who saw some significant progress during challenging times. in a challenging environment for families and
children.
Over 300 families were supported across all services. concerningly and continuing the trend of recent years,
half of these farnilie5 had complex needs. more than a fifth of families were experiencing domestic abuse, a
ftfth of families had a disability and half experiencing post-natal depression.
One of the areas we monitor is length of time a family is supported-this is impacted by all sorts of varlables
and each familvs circumstances are different, but providing effective sUPPOrt as well as throughput, allows
Home-start Horizons to support more farnilies. During and coming out of Covid and lockdowns, families were
supported on average 20 months, we now see that half of families supported are closed successfully after 6
months, with less than 20% sUPPOrted between one and two years. This enables us to provide focused
interventions to more familie5.
10 family groups were operated across Leicester, Leicestershire and Rutland, supporting 220 families/305
children. We know from research around the first 1,001 days and Adverse Childhood Experiences, that brain
development during the critical, formative period of the early years, is impacted massively by what the
baby/child experiences around them; particularly their social connettions and relationships. I n Leicestershire,
many of our families suffer the effects of social isolation with poor transport links and lack of facilities.
Socially isolated parents mean socially isolated children.
Families supported by groups saw significant improvements including 85Yo improved in their Involvement in
child's development, 80% had reduced social isolation, 70% improved in coping wÉth their mental health, 75%
improved in day to day running of the home and 73% improved their management of stress. The succes5 of
Home-start's interventions are significant considering the complexity of need supported and the external
pressures familie5 face related to the cost of living crisis and many families facing add itional challenges such
as lone parenting or being an asylum seeker.ely by what the baby/child experiences around them-
particularly their social connections and relationships. In Leicestershire, many of our familie5 suffer the
effects of social isolation with poor transport links and lack of facilities. Socially isolated parents mean socially
isolated children.
Page 4

Home-start Horizons
Trustees Annual Report
In terms of Home-visiting work, 208 families were supported overthe year by our fantastic volunteers and
staff. 12Yo of these families are within Child in Need or Child Protection statutory interventions, with complex
issues and risk of child{renl being removed. Staff work side by side with statutory Se￿ices, engaging in Case
Conferences and partnership work, to ensure the best outcomes for children. This all has a huge impact upon
staff and volunteers. the pressure they are under, the second-hand trauma they experience, working with
families. As an organisation we monitor this and ensure staff and volunteers are supported, trained and able
to off-load so that they can continue to support families effectively.n with poor transport links and lack of
facilities. Socially isolated parents mean socially isolated children.
Despite the complexity and range of needs and challenges we see in supporting families, we know from our
analysis that we make a huge difference. Across all services, where we measure needs at start, review and
end we know that 77% of families experienced and improvement across all areas, a slight fall from last year,
yet still a significant impact and perhaps indicative of the challenges families face with continued austerity, a
cost-of-living crisis, post-covid and lack of any statutory support for mental health needs of parents.
Most concerning for us is the lack of alternatlve provision or effective statutory support for famllies and the
increasing number of families requirin8 our support. We are needed more than ever, yet our seNices and
capacity is stretched.
Funding is an ever-present challenge with cuts to Home-Start services necessary where funding is
unavailable. Grant funders are stretched, and more charitles are in need, to support the growlng number of
vulnerable people and families. 2024125 will be a challenging year with no renewal of Children in Need
funding that helps support runnin8 of groups and no renewal of Henry Smith funding that supported core
services.
As always, we are indebted to our selfless and skilled volunteers, 116 of whom supported all services across
the year, enabling us to run creches to support MIMS, support new families in not only our historical areas of
Leicester, Leicestershire and Rutland but also into Hinckley & Bosworth. 18,096 hours of support were added
to the organisation by volunteers, representin8 added value of £289,5361
FINANCIAL REVIEW
Income for the year was £399,930 made up of grants and donatlons, and total expenditure was £479,843
from which £386,759 spent on charitable activities, and £93,084 on other expenditure. There was a deficit of
£79,913 for the year to 31-Mar-24 before the net deficit of £4,895 on the the pension scheme, giving a net
deficit movement in funds of £84,808 . Funds bought forward from April 2023 were £274,970, total funds at
year end to take forward were £190,162. Concerned about the projected deficit during the final quarter of
2023/4, the Trustees authorised a restrutture with the aim of bringing next yearfs account into balance.
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 rese￿eS of 4 months budgeted
expenditure plus the pension fund liability on ceasing to trade. At 31st March 2024 our expenditure for
2023-24 was £479,843 and the pension fund liability was £2,884 and therefore the reserves of £190,162 is
adequate.
STRucfuRE, 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.
Page 5

Home-start Horizons
Trustees Annual Report
The CEO has overall responsibility for the delivery of the business plan, development of the strategy and
securing of diverse funding. The CEO report5 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 companyi
limited by guarantee, as defined by the Companies Act 2006.
The Trustees are appointed in accordance with the compan¢s articles. Those who served during the period
are detailed on page l. 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
charlty 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 proV￿10n$ 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 IFRS 102).
Signed on behalf of the board
L. Pettitt
Trustee
li October 2024
Page 6

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 financial statements of Home-start Horizons for the
year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the company {and also its director5 forthe purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Com panies Act 2006 {'the 2006 Act.
Having satisfied myself that the financial statements 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 financial statements as carried out under settion 145 of the Charities Act 20111'the 2011 Act'}.
In carrying out my examination I have followed the Directions given by the Charity Commission under section
145151 Ib) 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 l am qualified to undertake the examination because l am
member of FCCA, Chartered Association of Certified Accountants, whlch is one of the listed bodies.
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination givin8 me cause to believe:
accounting records were not kept in accordance wlth section 386 of the 2006 Act, or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and falr, vlew whlch Is not a
matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Prattice for accounting and reporting by charltles applicable to charltles
preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 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 orderto enable a proper understanding of the financial
staternents to be reached.
Mahmood Reza FCCA, Chartered Association of
Certified Accountants
l Hate Numbers Limited
Forester Building
29-35 st Nicholas Place
Leicester
LEI 4LD
11 October 2024
Page 7

Home-start Horizons
Statement of Financial Activities
forthe year ended 31 March 2024
Unrestricted
Restricted
funds Total funds Total funds
2024
2024
2023
funds
2024
Notes
Income and endowments
from:
Donations and legacies
Investments
42,708
1,739
355,483
398,191
1,739
346,533
565
Total
44,447
355.483
399,930
347,098
Expenditure on:
Charitable activities
Other
110,207
15,992
336,913
16,731
447,120
32,723
379,666
37,659
Total
126,199
353,644
479,843
417,325
Net gains on investments
Net expendlture
Transfers between funds
{81,7521
15,1671
1,839
179,9131
170,227)
5,167
Net expenditure before other
gains/(losses)
{86,9191
7,006
179,9131
170,227)
Other galns and losses
Actuarial Losses on defined
benefit pension schemes
Net movement in funds
14,895}
14,8951
(91,814}
7,006
(84,8081
(70,2271
Reconciliation cf funds:
Total funds brought forward
274,301
669
274,970
345,196
Total funds carrled forward
182,487
7,675
190,162
274,969
Page 8

Home-start Horizons
Summary Income and Expenditure Account
for the year ended 31 March 2024
2024
2023
Income
398,191
346,533
Interest and investment income
1,739
565
Gross income for the year
Expenditure
399,930
347,098
477,718
414,765
Interest payable
237
183
Depreciation and charges for
Impairment of fixed assets
1,888
2,377
Total expenditure for the year
Net expenditure before tax for the year
479,843
417,325
{79,913)
{70,227)
Net expenditure for the year
179,9131
{70,227)
Page 9

Home-stsrt Horizons
Balance Sheet
at 31 March 2024
Company No.
05352252
Notes
2024
2023
Flxed assets
Intangible assets
Tangible assets
io
854
1,275
4,041
5,316
li
3,458
4,312
Current assets
Debtors
Investments
12
1,317
120,099
125,971
247,387
158,6531
188,734
1,026
13
Cash at bank and in hand
302,150
303,176
127,3481
Credltors: Amount falling due within one year
Net current assets
14
275,828
Total assets less current liabilities
193,046
193,046
281,144
281,144
Net assets excluding pension asset or liabillty
Defined benefit penslon scheme liability
Total net a55ets
(2,884}
190.162
16,1741
274,970
The funds of the charity
Restricted funds
Restrlcted Income funds
15
7,675
7,675
669
669
Unrestricted funds
General funds
15
182,487
274,301
182.487
274,301
Reserves
15
Total funds
190,162
274,970
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 2024 the company was entitled to exemption under section 477 of the
Companies Att 2006 relating to small companies.
The member5 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 cornplying with the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 11 Ottober
024
And signed on its behalf by:
P. Akroyd
Trustee
11 October 2024
Page 10

Home-start Horizons
Notes to the Accounts
for the year ended 31 March 2024
l 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 IFRS 1021 (effective I
January 2015) - {Charities SORP IFRS 1021}, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) and the Companies Act 2006.
Change In basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to account5 for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objerts of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which Include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation f unds
Restricted funds
Income
Recognltlon of
income
Income is included in the Statement of Financial Activities (SOFA) when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliabilty.
Income with related Where income has related expenditure the income and related expenditure Is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary income received by way of grants, donations and gifts is included in the
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 a5 the
donations and gifts gift/donation to which it relates.
Donated Se￿iceS
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/(105sesl on
investment assets
This includes any gain or loss on the sale of investments.
Page 11

Home-start Horizons
Notes to the Accounts
Expenditu
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
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 activitie5 services in the furtherance of its objects, including the making of grants and
governance costs.
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.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, Including any auditlindependent examination fees,
costs linked to the strategic managernent of the Charity, together with a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular adivity.
Grants payable
Governance costs
Taxation
The charity is exempt from corporation tax on its charitable actlvities.
Tanglble flxed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life:
Fixture5, fittings & equipment
33% reducing balance
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gains or losses are taken to the Statement of Financial Activitie5 as they
arise.
Intangible fixed assets and amortisation
Intan8ible fixed assets {including purchased goodwilli patents and trademarks) are carried at Cost less
accumulated amortisation and impairment losses.
Software
33% Reducing balance
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair
value which is the amount the charity would have been willlng to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement arnount due after any trade discount offered.
Prepayment5 are valued atthe amount prepaid net of any trade discount5 due.
Page 12

Home-start Horizons
Notes to the Accounts
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposlts with banks and other
short-terrn 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.
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.
Research and development
Expenditure on research and development is written off in the year In which it Is Incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in cu rrencies other than the functlonal currency of the chartty are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately, unless they are directly attributable to qualifying assets, in which case they are
capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental
expense on a straight-line basis.
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.
Page 13

Home-start Horizons
Notes to the Accounts
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.
3 Statement of Flnancial Activities - prior year
Unrestricted Restricte
funds
d funds
Total
funds
2023
2023
2023
Income and endowments from:
Donations and legacies
Investments
42,746
565
303,787 346,533
565
Total
43,311
303,787 347,098
Expenditure on:
Charitable activities
66,867
15,763
264,051 330,918
70,644
86,407
Other
Total
82,630
334,695 417,325
Net Income
139,3191 {30,908} 170,227)
139,3191 {30,908} (70,227}
Net Income before other gainsl(losses)
Other gains and105ses:
Net movement in funds
{39,3191 130,908) (70,227)
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
313,620
31,577 345,197
274,301
669 274,970
4 Income from donations and legacies
Unrestricted
Restricted
Total
Total
2024
2023
Donations and gift5 from individuals
Revenue grants and donations from
non-public bodies
750
750
1,721
41,958
355,483
397,441 344,812
42,708
355.483
398,191 346,533
Page 14

Home-start Horizons
Notes to the Accounts
5 Income from investments
Unrestricted
Total
Total
2024
2023
Bank interest receivable
1.739
1.739
565
1,739
1,739
565
6 Expenditure on charitable activities
Unrestricted
Restricted
Totsl
Total
2024
2023
Expenditure on charitable activities
Defined benefit pension costs
Family trips, activities and group
expenses
23,834
23,834
19,860
14,279
14,279
6,468
Gross wages and salaries
Motor and travel costs
110,206
262,644
10,953
23,564
372,850 315,122
10,953
8,948
23,564
24,985
Premises costs
Governonce costs
HR Support package
1,640
336,913
1,640
4,283
447,120 379,666
110,207
7 Other expenditure
Unrestricted
Restricted
Total
Total
2024
2023
Other interest payable
237
237
183
Employee costs
6,501
6,501
5,753
Amortisation, depreciation, impairment,
profit/loss on disposal of fixed assets
General administrative costs
1,888
1,888
2,377
4,243
9,624
15,992
9,971
259
14.214
18.759
Legal and professional costs
9,883
32,723
10,587
37,659
16,731
8 Net expenditure before transfers
2024
2023
This is stated after charging:
Depreciation of owned fixed assets
Amortisation of intangible fixed assets
1,467
421
1,749
628
Page 15

Home-start Horizons
Notes to the Accounts
9 Staff costs
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was a5 follows:
2024
2023
Number
Number
The average number of part time staff
employed in the year
The average number of full time staff
employed in the year
14
12
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.
10 Intangible fixed assets
Other
Total
Cost
At l April 2023
At 31 March 2024
4,240
4,240
4,240
4,240
Amortlsatlon and Impalrment
At IApril 2023
Amortisation charge forthe year
At 31 March 2024
2,965
421
2,965
421
3,386
3,386
Net book values
At 31 March 2024
At 31 March 2023
854
854
1,275
1,275
Intangible assets refers to software costs
Page 16

Home-start Horizons
Notes to the Accounts
11 Tangible fixed assets
Fixtures,
fittings &
equipme
nt
Total
Cost or revaluation
At IApril 2023
Additions
At 31 March 2024
26,783
26,783
884
27,667
27,667
Depreciation and impairment
At IApril 2023
22,742
22,742
Depreciation charge forthe year
1,467
1,467
At 31 March 2024
24,209
24,209
Net book values
At 31 March 2024
At 31 March 2023
12 Debtors
3.458
4.041
3,458
4,041
2024
2023
Prepayments and accrued income
1,317
1,317
1,026
1,026
13 Current asset investments
2024
2023
Unlisted investments
120,099
120,099
14 Creditors:
amounts falling due within one year
2024
2023
Accruals
Deferred income
12,165
46,488
58,653
11,098
16,250
27,348
Page 17

Home-start Horizons
Notes to the Atcount5
15 Movement in funds
Incoming
resources
{including
other
Atl
April gainsllosses
2023
Resources
Gr055
expended transfers
At31
March
2024
Restricted funds:
Restricted income funds:
Shire Community Grant
Children in Need
Lottery Community
NHS Mental Health & Wellbeing
The Henry Smith Foundation
NHS Charities Together
Otherfunds, £1,000 and below
Supporting Army Families
Leics & Rutland Comrnunity Foundation
Armed Forces Covenant
Mabs Mardulyn Charitable Foundation
Neighbourhood MH Prevention &
Resilience
1,238
25,740
150,167
19,455
30,000
9,188
11,2381
(25,7401
(145,511}
118,5651
130.0001
117,4871
{1,450}
{2,788)
(8901
{3,717)
8,299
1,215
1,450
1,868
3,717
1,215
2,750
2,387
31,200
16,751
12,750)
12,387)
130,9531
116,287)
247
464
65,022
1,584
355,483
{61,140}
11,5841
{353.6441
3,882
Oadby & Wigston Borough Council
Total
669
5,167
7,675
Unrestricted funds:
General funds
274,301
39,552
1126,1991 15,167) 182,487
Total funds
274,970
395,035
(479,843}
190,162
Purposes and restrictions in relation to the funds:
Restricted funds:
Shire Community Grant
Children in Need
Lottery Community
NHS Mental Health & Wellbeing
The Henry Smith Foundation
NHS Charities Together
Other funds, £1,000 and below
Page 18

Home-start Horizons
Notes to the Accounts
16 Analysis of net assets between funds
Unrestric
ted funds
Total
Fixed assets
Net current assets
4,312
4,312
188,734 188,734
193,046 193,046
17 Reconciliation of net debt
At31
At l April
2023
Cash
flov
March
2024
Cash and cash equivalents
302,150 (176,179) 125,971
302,150 (176,179) 125,971
Net debt
302,150 (176,1791 12S,971
18 Related party disclosures
Controlling porty
The company is limited by guarantee and has no share capital; thu5 no Single party contro15 the company.
PaEe 19

Home-start Horizons
Detailed Statement of Financial Activities
for the year ended 31 March 2024
Unrestritte
d funds
2024
Restricted
funds
2024
Total funds
2024
Total funds
2023
Income and endowments from:
Donations and legacies
Donations and gifts from
individuals
Revenue grants and donation5
from non-public bodies
750
750
1,721
41,958
355,483
397,441
344,812
42,708
355,483
398,191
346,533
Investments
Bank interest receivable
1,739
1,739
1,739
1,739
565
565
Total Income and endowments
44,447
355,483
399,930
347,098
Expendlture on".
Charitable activities
Defined benefit pension costs
Family trips, activities and group
expenses
Gross wages and salaries
Motor and travel costs
Premises costs
23,834
23,834
19,860
14,279
14,279
6,468
110,206
262,644
10,953
23,564
335,273
372,850
10,953
23,564
445,480
315,122
8,948
24,985
375,383
110,207
Governance costs
HR Support package
1,640
1,640
1,640
1,640
4,283
4,283
Total of expendlture on charltable
activities
110,207
336,913
447,120
379,666
Other expenditure
Other interest payable
237
237
237
183
237
183
Employee costs
staff entertainment
Staff recruitment
Staff training
Staff welfare
27
1,146
475
1,146
475
499
991
4,880
6,501
4,880
6,501
4,236
5,753
General administrative costs,
including depreciation and
amorti5ation
Amortisation
421
421
628
Page 20

Home-start Horizons
Detailed Statement of Financial Activities
Depreciation of Fixtures,
fittings & equipment
Bank charges
General insurances
Information and
publications
Postage and couriers
Software, IT support and
related costs
Stationery and printing
Subscriptions
Telephone, fax and
broadband
1,467
1,467
1,749
1,336
1,801
1,336
1,801
7,683
2.042
431
431
203
17
17
322
603
2,202
2,805
4,090
3,551
25
784
4,335
1,061
907
1,036
1,109
63
2,365
2,428
2,403
6,131
9,971
16,102
21,136
Legal and professional costs
Audit/lndependent
examination fees
Consultancy fees
Management charges
Other legal and professional
costs
2.308
2,308
4,551
520
4,805
7,316
7,316
259
259
711
9,624
259
9,883
10,587
Total of expenditure of other costs
Total expenditure
Net gains on Investments
15,992
16,731
32,723
37,659
126,199
353,644
479,843
417,325
Net expendlture
Transfers between funds
(81,7521
1,839
(79,9131
{70,2271
{5,167)
5,167
Net expenditure before other
gains/llosses)
Other recognised gains and losses
Actuarial Losses on defined
benefit pension schemes
Other Gains
{86.9191
7,006
{79,913}
170,227)
(4,895}
(4,8951
Net movement Én funds
{91,814)
7,006
{84,808}
170,2271
Re¢on¢ilÉation of funds:
Total funds brought forward
274.301
669
274.970
345,196
Total funds carried forward
182,487
7,675
190,162
274,969
Page 21