egistefed Charity Number 1108612 Registered Company Number 05375011 HOME-STARTOXFORD REPORT AMDAccouITfs FOR THE YEAR EMDED 31 ￿RCH 2021 M)Z)FQ2' 23112r2021 COWANIES HOUSE A33 #300 HOME-START OXFORD Contents Page Company Information Trustee Annual Report Statement of tru5tees' responsibilities Independent Examiner's report Statement of Financial Activities Income and Expenditure account Recognised Gains and Losses Movements on Accumulated Funds io li li Balance Sheet 12 Notes to the accounts 13-19 Detailed Statement of ftnancial Activities 2Tr22 HOME-STARTOXFOAD COMPANYI¥FORMAnOM DlfertorsandTrustees Prue Reynoldslchairl Linda McDBrrnid IDeputyCha￿} Douglas Keir ITrea5urerl Sally Bagènèl Rachel Bailey-williams ChadotteBeatson Catharine Gi150n LucyNoble Sarah WO￿ Alison Scott IResignedApril 20ziI Indep•ndeAt ExamlAer Alder Demain &Akers 2 Michael Court Hanney Road Southmoor Oxfordshire OX13 SHR CAF Bank Ltd 25. Kings Hill Avenue. West Malling KentMEL94JQ Telephone." 0845 0725555 Virgin Money Jubilee House. Gosforth. New(asde uponTyne, NE34PL Reg15tered offl Blackbird Leysyouth and Communitycentre Blackbird Leys Road Oxford OX4 6HW Telephone01865 779991 Ch•rEty Re¢lstered number 1108612 Company Re¢iMer¢d Number 5375011 Ernployee$ ChiefE¥e¢utive Katharine 8arber Seniorco-ordinotor Karen Porter ActingSeniorC(hordinotor Kerrycenter FomilyCo-Drdinotors Wendy￿￿)55 Charlie Payne (from Septembef 20211 Lisa West luntil June 20211 WitneyFomilyGroup Ctrordinotor Jan Chrystal Ifrorn Septeml*T20211 Fofftilysupport Worker Aline Terres Officemonoger elanie Henry Fund-Roiser Zena Forster Growlng mir￿S Cfkordinotor Lucy Whi(ellrorn April 20201 CommLtnicotiorJs Morwr Emma Dutkettlfrtsm fvjgvst 20201 Homtrstart Oxford The Repwt of the Tntstees forthe year ended 31 Mar¢h 2021 Inlroductlon The trustees have pleasure in submitbng their rewjrtand thefinancial Statements for the year ended 31 March 2021 The diiectors ofthe charitable company (thecharityl a￿ its trustees forthe purpose ol¢harity lawand throughoutthis ieptsrtorecollectively refefred to as the trustees. Their responsibilities include all the Te5ponsibilities of directors undertheCompanie5Actsand trustees under the CharrtiesAcL strnrtUTe? governance and management Home-start Oxford. a companylimited tyeuaranteeand not havinga share capital. isgovemed bythe conditionscontained in its Memornndum andArtycle5 ofAssociation. In accordancewith the governing dOcu¥nen￿ the eoard is made up ol nofthverthan fryjr and no more than twelve trustees. Copies of these documents are available from thè Registered office listed on the Information page. In the event ofa winding up. the liability of each member or any Pe￿ who ha5ceased to bea member in the last 12 months is limited to one pound sterlin8. The Board has the power to fill anyvacancie5 arising in the year. any5uch ppointments to be confirmed by mernbersat the next Annual General Meeting. New trustees are briefed on theirobligations undercharity and company iaw.on the Board'sdecision-making proce55 afKI strategy arbd the recentfinancbal performance of thecharity. The employees ofthecharity are listed on the Irbformation page. Ob5ects vision and purywe The objectsforwhich the charity is established are." To safeguard, prntect and presefve the gothj health. both mental and physical. ofchiidren and their parents. To pr￿ent£r￿￿tyt0. or mathreatmentof. children . To ￿lieVe sicknes8 povèrtyand need amongst child￿n and parentsofchildren To promote the education of the public in betterstandards ofchikl care within theareas ofwest and Mid-oxfordshire and the environs. Publlc benefftstaternent. The trustees confirm that they have had due regard. in all their decisk)n makin& as to theguidance published bythe Charity Commission on public benefiL Home-stsrt Oxford works to support families who are i501ated andvulnerable and to give childfen the very best start in life. It is committed to equal opportvnities and provides an inclvsive seNice across central and west Oxfordshire. It works closèly with othef agenciesand partners and contributesto building stronger communities through its commitment to ihe wellb¥iiiEof lornilie￿ and training •1rTrport of volunteers. Its cumulative experience is availabieto contributetothe ongoingdevelopmentof servicès forearly years. Home-stsrt Oxford The Report of the Trustees forthe year ended 31 M•r(h 2021 Summary of Activities 2020-21 was a yearlike no other. Thecovid pandernic and lockdown meant some rapid Changes had to be made to our seplice to ensure thatwe could tontinueto support families despite the restrictions, during a time which presented huge challenges to parents, mentsl wellbeing and financial stability. We quickly switched to digitsl support- ourvolunteers adapted swiftly and although our support became telephone and video call based. itdid notstop. Aware of the digital divide. we were able to acce55 funded devices forfamilies. ensufingthat all families were able to access oursupport. Just before lockdown ourwitney groups were providingvital support to families with young children in West Oxtordshire. and a switch to online groups meant that we could continue to provide parents with routine. friendly faces. and that all important peer-to-peer supporL We ran 3 online groups per week which enabled us to reach new families. and also provide parents with Vital information that was not easily accessible due to the redeployment of health visitors and other health services. Although operating digitally during the year. our collaborations blossomed. and we worked with a number of partner organisations to deliver information to parents. as well as co-founding the Oxfordshire Earlyyears Network. Social media was crucial to our engagernentwith families duringtheyear. and was a key route to reaching new families. We also launched a revamped. mobile-friendly websitewith a quick'get help, form enabling parents to reach out for help easity- Our collaborative work within the Home-start Oxfordshire consortium was strengthened- with the launch of a consortium website. including an interactive online map making it easy for parents to find their local Oxfordshire Home-start. Another notable highlight was winning'Brand the Bus, as a consortium entry. which mean5 thatwe have a branded double decker bus on the local streets. The year saw further development ofthe ground-breakingGrowing Minds projecL which started in January 2020. workingwith families from birth, to address the tjisadvantage gap in education for families in Littlemore. Oxford. A sU￿PrO1ecL.PIaY=fU1I, was launched to eTigage with parents through cooking during lockdowns. While meeting a real practical need. delivering a bagof ingredients each week enabled ourcoordinatorto havevaluable doorstep conversations helping relationships and trust to flourish. The project encouraged parents to participate in rnore adivities with their children, helped them better understand the value ofthe home-leaming environment. and increased confidence in the kitchen. understandingof nutrition. and skills for budgeting. There was also a need for more practical support during the period. and meal delrveries frorn 'COOK', wet weather gear. and activity packs were all important in supporting families. wellbein& and sustaining our connections at a time of extreme isolation. We benefitted from ongoing support from the National Lottery Q>mmunitie5 Fund and Children in Need, and a renewed and increased three-year grant from The Henry Smith Charity. in autumn 2020, provided a significant boost to the delivery of our core sup￿rt. Home-start UK'S success in securing corporate partnerships. including a partnership with John Lewis & Wèitrose, provided a boost financialty. ￿ well as helping rai￿ our profile. Ilome-start Oxford The Report of the Trnstees forthe year ended 31 March 2021 Summaryof Activities {cottt.) We were gratefvl to secure new support frorn Witney Town Council. and a developingfunding relationship with West Oxfordshire Distritt Council. Howeveroverall income from statutory sources remains a small proportion of total income. For more detailed information on ourwork with families. pleasevisit our website for our Annual Report and furtherdetsils- https:Ilhomestartoxford.org.uklannual-report-2020-211 49 volunteers supported families and the charities WOTk duringthe year. In totsl we supported 275 families, ofwhich 65 received l-l supported. 82 weresupported through community outreach (including our Growing Minds projertl. and 128 benefitted from support through groups. In totol duringthe year we helped 316 children to thrive. Our volunteers. and the staff who support them. arethe backbone of ourwork and no report on our activities can be made without expressing ourenormous appreciation to them for their dedication and professionalism. especially during whal was a challengingyearforeveryone. Financial Report Against our expertations in this firstyear of the Coronavirus ICovid-191 pandemic, our total income again rose substantially* from £215,879 to £319.431, the increase of 48% being largely as a result ofoxford Community Foundation's fundin8 oftwo new projects (Growing Minds and Step Changel. full year's funding for our BBC Children in Need project, a legacy of £15,0(Kl, and substantially increased restricted grants received from a number of charitable trusts. The National Lottery Community Fund continued to be one ofour major funders both in support of our personal family 5UPPOrt work as well as in providingfunds for IT equipment for both our staff and supported families. It was particularly gratifyingto receive a substantial legacy from a former supporter. and we will be exploring how bestto bring this way of helping us to wider attention within the local community. To put the increase in our income. and associated 3bility to provide 5UPPOrt. into perspective. our total revenue of £319.431 is 27586 of the same figure 5 years ago12015-16: £85,101). In keeping with the aims of one of our funders Istepchangel. we are layingthe foundations of a major change in our size and ability to provide support for local families. Progre5swas unfortunately delayed by the Covid pandemic which materially restricted our ability to recruit the staff we sought. visit families personally {one of our unique and much-valued services) and run the increasingly popular parent and child play groups. The continuingchallenge now is to make this higher level of income sustainable, and to ensure thatwe can provide commensuratèly hlgher arnoun15 vfsupyul l Lv lijial fJmiliey. Jincc thc end of tho fin3ncial y•ar, we have successfully recruited more family support staff and are busy seeking administrative nd fund-raising staff at the time of writin& INovember20211. Not surprisingly. totsl expenses also rose. although by a lot less than income. Theytotalled É219.00012020.. £192,000), mainly through increasefi expenditure on staff. (both new stdll and increased working hours ofexistingstaffj. Homtrstsrtoxford The Report of the Tntstees for the year ended 31 March 2021 Financial Report (cont.) The Yesulting surplus for the yearof £100,77612019-20- £24.2421 allowed us to Strengthen ouryear- end rese￿e5 to £198.365 12019-20- £975891. The unrestricted reserve5 represent just over 72% of the year's expenses. which provides some securty against ourexpectation of future financial uncertainty and income volatility, aggrevated not least by the Covid pandemic. We are also anticipating an increase in expenses as ourfamily visiting and baby groups support services gradually retum to'nomal,. Part ofour increased revenue wa5 received through the generosity ofcharitable trusts and other donors respondingto the Covid pandemic by distributing funds which might othenvise have been availabe forthe future. We were fortunate to receive some ofthese. but realise that one effert might be a reduction in, or increased competition for. fvture funding. RiskAssessment The trustees recognise and accepttheir responsibility forensuring that the risks to which the charitsble company is exposed are reviewed and steps taken to mitigate potential damage by use of appropriate preventative controls and corrective artions. Trustees are aware of the Charities Statement of Recommended Practice ISORP) and accept the requirement. in relation to all 35pects of their work. for regular assessments of operatingstrengths and weakness. To thi5 end the risk management strategy comprises an annual review of the risks which the charity may face, the establishment of systems and procedures to mitigate those risks identified. and the implementation of procedures designed to minimise any potential irnpact on the tharity should any of those risk5 materialise. Reserves Policy The trustees have reviewed the level of the charity's reserves which are freely available for financing continuingoperations. The trustees considerthat unrestricted reseNes adequate to meet the charity's immediate commitments, and in addition an amount ofapproximately 3 months. oper3ting expenses is the practical minimum in Ofderto protect the continued existence of the charity and ensure that obligations of current seThice users can be safely fulfilled. In the current situation of extreme financial uncertainty, however, unrestricted reserves of at least 6 months, operating expenditure are felt to be more appropriate to ensure that obligations to current service users can be safely meL At 31.3.21, total unrestricted reser4es: Prior commitments (potential redundancy payments and project fundingl £178309 -19.370 Unrestricted, uncornmitted reserves £158,939 Total expenditure 2020-21 £218,655 Investment pollcy All lunds are held in current or interest-bearing bank accounts. Hom¢wStart Oxford The Repwt of the Trustees forthe year ended 31 Mwth 2021 Trustees, responsibilities statement The charity's trustees are responsible for the preparation of the accounts in èccordance with the temis of the Companies Act2006. the Charities Act 2011 and the Charities IAccounts and Reportsl Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations. the Charities {Accounts and Reportsl Regulations 200& to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2CK)5 has been withdrawn. the trustees determined to interpret this responsibility as requiringthem to follow current best prartice and prepare the accounts accordingto FRS 102 SORP (Statement of Recommended Practice forAccounting and Reporting by ch3rities12015. Company and Charity Law requires thetrustees to prepare financial statements for each financial year which give a true and fairview of the State of affairs of the charitable company and of the incoming resources and application of resource% including the income and expenditure. of the charitable company for that period. In preparing those financial statements the trustees are required to:_ - select suitable accounting policies then apply them consistently. observe the methods and principles in the Charities SORP- make judgemerbts and estimates that are reasonable and prudent,. and prepare the financial statements on the going concern basis unle5S it 15 inappropriate to presume that the charity will continue in operation. The trustees are reSPon￿ble for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the company and to erbable them to ensure that the accounts comply with the Companies Act 2(K)6. They are also responsible for5afeguardingthe assets of the company and hence fortaking reasonable steps forthe prevention of fraud and other irregularities. The trustees are also responsible forthe contents of the Trustees, report. and the statutory responsibility ofthe Independent Examiner in relation tothe TnJstees' report is lÈmited to examining and ensuringthat, on the face ofthe report, there are no material inconsistencies with the figure5 disc105ed in the financial statements. Method Of preparntion of accounts The financial statements have been prepared implementingthe FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015. and in accordance with the Financial Reporting Standard 102. leffective l January 2016.1 These financial statements have been prepared in accordance the prowsions in part 15 ofthe Companie5 Act 2006. applicable to companies subject to the small companie5 regime. This report was approved by thetrusteeson the 30th November. 2021. and signed on their behalf. by Douglas Keir Dirertor and Trust4e 30 November2021 Home-stsrt Oxford IndependertExamiftees Rewt torthe yearended 31 March 2021 I report on thefinancial Staterner￿ of the company fortheyeJr ende(131 March 2021. which are set out on pages 2- 22. Resperti¥¢ respo￿￿•11*•es of tr￿￿e¢s*•d examiD¢r. The trustees. who are abo the directors of the company for the purpx)ses of company lawl, are responsible for the preparation of the financial statements. The trustees consider that an audit is not ￿quired for this year under section 144 ofthe Charitie5Art 2011 and that an independent examiriation 15 needed. Having satisfie(I myself that the chartty is not subject to audit under charity or company law and is eligible for independent examination, it is my ￿Spon￿bIlIty to- - examine the financial statements under section 145of the Charities Art 2011. to follow the procedures laid down in the general Directions grven by the Charity Commission under sÈrtion 145lSllbl of the ?011 Act. and - to state whetherparticular matters have corne to myattention. Basis¢f Independ¢nt •xamlner'$ report My examination was carried out in acCOrdar￿wIth the general Direcbons given by the Charity Commission. An examination include5 4 review of the acctyJntin8 records kept by the charity an(J a comparison ofthe accounts presented with those records. It also in¢lude5 consideration of any unusual items ordisclosures in theaccounts, and seeking explanations from you as tfustees. £onceming arw such matter5. The Procedu￿ undertaken do not provide all the evidencethat would be required in an audit and consequentty no opinion is yven asto whetherthe accounts present a.true and fair view- and the report is limited to those matters setout in thestatement below. Independentexaminer'sslatemert In connection WFth my examination. no matter has cometo myattention= which ￿VeS me reasonable cause to believe that in any materaal rrtpÈct the requirements: to keep accounting records in accordance with section 386ofthe Companies kt 21￿6 to prepare financialstatements which accord with theaccountingrecords and comply with the a¢¢ounting requirements ofSecti￿ 396oftheCompaniesA(t 2006 ar￿ with the methods and principlesof the Statement of Recommended Practice: Accountingand Reporting bycharities have not been metr, or thefinancial statements h3¥t not been prepared in accordance with the Charities SORP IFRS 1021 I have no concerns and have came across no other matters in connection with the examination towhich attention should be drawn in this ￿port i orderto enable a proper understsndingof the accountsto be ￿a[he￿. Signeé.. Dated.. 2(Dz I Brook Alder Aldef Demain &Akers Ltd 2 St Michael's Coijrt, Southmoor Qxlordshire,OXts SHR HOM￿Start0Xford Statemènt of FSn•ncialActivities fortheyearended 31 Marth 2021 Totsl Total Funds 2021 2021 2020 Incoming resources Inromin9reMur(eslromgeneratsd lunds Voluntarylncome Actiwts"es lorgenerotingfunds Investmentlncome Incoming reyjurces from choritoble octivities 85J83 2.147 33,147 118531 2,147 295 70325 4,146 494 19B.459 198.459 140,914 Total incoming resources 87,825 231.606 319,431 215,879 Resources expended Fund-roising costs Costs ofchorrtobleortivitie5 SupportCQsts Govemonce costs 12324 -3.714 287 3215 110.584 91.509 4551 15,439 106.870 91.795 4,551 14,319 102,605 70,842 3.872 Total resources expended 8.797 209.858 218,655 191,637 Net incomingresources befor•lraThsfers between funds Grosstraryslers between funds Ilet intomln8resources befo other recogftised galns and 105se5 79.028 21.749 100.776 24,242 li 79.028 21,749 100.776 24,242 Othergalnsand loss•s Nèt movement In funds 79.028 21.749 100.776 24.242 Reconcili•ti•n of fvnds Totalfundsbroughtfornord 99281 -1.692 97589 73.347 Totalfunds carried fornard 1783(YJ 20.056 198365 97,589 Thè notes on pages 13-19form an integral part of these accounts All activities derive from continuingopefations. Homtrstart Oxford Statementof financialActi¥ities for the year ended 31 March 2021 Prior year's figures Funds R•stri¢W funds Totsl Funds 2020 2020 2020 Incoming resources Incomingresources fromgenerated nds Voluntorylncome Artlvities forgenerotin9 fvnds Investmentlncome Incoming resourcesfromchoritable Octsvities 54.082 4.146 494 16243 70,325 4,146 494 140.914 140,614 Total incoming resources 59.022 156,857 215.879 Resources expended Fund-roisingcosts Costsofchofiioble ortivities Support costs Governoncecosts 14.319 819 14,319 102,605 70,842 3,872 101,785 54.474 3.624 16368 T￿al resources expended 31.754 J59.883 191,637 Net incomlng resources beforetraJJsfer5 bttwoen f￿d$ Gross transfèrs between fimds 27,268 6.036 -3,026 -6.036 24242 li MÈt Incomlng resources before other rec¢)Ini￿ g•insand losses 33J04 -9.C62 24,242 Othergalnsafid l¢)sses 33.304 -9.062 24,241 Recon¢i1SatloD of fund$ Totallundsbroughtffflvard 65.977 7370 73.347 Trtal fundsc•rriedfofw•rd 3281 -1.692 97589 The notes on pages 13-19 fom) an integral part ofthe5eaccount& All actwities derivefrom continuingoperations. H•)me-St•rtOxlord ststementof FinaDdal•