ANNUAL REPORT ACCOUNTS 202U2022 ## **MISSION STATEMENT** Home-Start Merton is a local community network of trained volunteers and expert support, helping children pre-birth and up to 5 years. We help families through their challenging times. We are there for parents and children when they need us the most because childhood can’t wait. ## **WHO WE ARE:** TRUSTEES: Amita Kronsten (Chairperson) Sue Oury (Deputy Chairperson) Henrietta Jenner (Treasurer) Simon Lloyd Danny Lawrence Diane Holmes Adam Flacks Liana Sanzone (left as of 30/5/2022) STAFF: Sharon Ashby - Managing Director Debbie Magee – Senior Family Support Co-ordinator Madeleine Jarratt – Family Support Co-ordinator Heather Ford – Business Support Administrator REGISTERED CHARITY NAME: Home-Start Merton REGISTERED COMPANY NUMBER: 5359862 REGISTERED CHARITY NUMBER: 1108937 REGISTERED OFFICE: All Saints Resource Centre, 44 All Saints Road, Wimbledon, SW19 1BX T: 020 8646 6044 E: admin@homestartmerton.org W: www.homestartmerton.co.uk COMPANY SECRETARY: Sharon Ashby INDEPENDENT EXAMINER: BANKERS: Kana Veluppillai CAF Bank Limited KV & Co. 25 Kings Hill Avenue 18 Morton Gardens Kings Hill Wallington West Malling ~~Surrey~~ **WHAT WE DO** ME19 4JQ **GOVERNANCE AND MANAGEMENT** SM6 8EX 1 Home-Start Merton is a charitable company limited by guarantee, incorporated on 10 February 2005. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1. The governance is vested in our Board of Trustees who have six scheduled meetings each year and additional meetings on other occasions as business requires. The board is responsible for the charity’s long-term objectives, for its strategic priorities and for providing overall financial management and control. The day-to-day management of the charity is delegated to the Managing Director of the scheme who reports to the Board of Trustees. Our Board of Trustees for 2021-2022 was made up of eight members who bring with them a range of skills and experience. Under the terms of the Articles of Association, board members are appointed at the Annual General Meeting. Under the Articles, one third must retire in rotation at each AGM. Trustees who retire are eligible to be re-appointed at the same AGM. The Trustees may co-opt any person to be appointed as a Trustee during the year and that person will hold office until the next AGM. ## **AIMS AND OBJECTIVES** The objectives of Home-Start Merton are to safeguard, protect, and preserve the good health, both mental and physical, of children and their parents. It also aims to prevent emotional and physical abuse of such children. Home-Start Merton believes that: - Children need a happy and secure childhood. - Parents play the key role in giving their children a good start in life. - Every parent should have the support they need in order to give their children the best possible start in life, helping them to achieve their full potential. - The best people to help parents are other parents, who have themselves had experience of bringing up children and are able to provide the kind of support that only another parent who has ‘ _been there_ ’ can. The service offered by Home-Start Merton is provided by a team of trained and supervised parent volunteers who give tailored family support to families in their own homes, specific to their individual needs. ## **STANDARDS AND METHODS OF PRACTICE** Home-Start works with families who are experiencing difficulties and who have at least one child under the age of five. Home-Start is an independent voluntary organisation which works towards the increased confidence and independence of the family by: - Offering support and practical assistance. - Visiting families in their own homes where the dignity and identity of everyone can be respected and protected. - Reassuring parents that difficulties bringing up children are not unusual and encouraging enjoyment in family life. - Developing a relationship with the family in which time can be shared and understanding can be developed; the approach is flexible to take account of diverse needs. 2 - Encouraging the parents’ strengths and emotional wellbeing for the ultimate benefit of their own children. - Encouraging families to widen their network of relationships and to effectively use the support and services available within the community. ## **RISK MANAGEMENT** The Board of Trustees regularly undertakes a detailed review of our risk management procedures to ensure that appropriate systems are in place to mitigate those risks. The Trustees consider that a major risk is one which has a high likelihood of occurring and would, if it occurred, have a severe impact on operational performance. The Trustees expect all staff and volunteers, when engaging in any activity on behalf of Home-Start Merton, to consider the risks posted and to act in accordance with the risk management procedures. Whilst it is important that the Board of Trustees remain risk alert, they do not wish to be averse to taking reasonable risks as part of their strategy to achieve the objects of the organisation. All key policies within the organisation are reviewed regularly and updated as appropriate to reflect any legislative changes and the latest developments and thinking in relation to best practice. ## **TRUSTEES** Trustee application forms are available on request. All applications require approval by the Trustees. Trustees can decline an application if they feel that the application is prejudicial to the ethos of the organisation. 3 ## **CHAIR’S REPORT** We are learning to live with the new normal. From September, the staff returned to the office for three days and two days still working from home (WTF), another new acronym in our changing vocabulary. The office was made Covid secure with staff being provided with masks, sanitisers, and a new signing in book which was in line with track and trace, another new phrase in our changing vocabulary. People were asked not to drop into the office. During the previous year, Sharon, her team, and volunteers had adapted to telephone support and zoom meetings with the families. As government rules changed this year, some volunteers went back to home visiting and others met their families in public spaces with social distancing. Our service always remained efficient and caring in spite of the changing times. We could have only provided this service because of our amazing volunteers who dedicate hours of their time to help vulnerable families. My grateful thanks to each and every one of them. Without you, Home-Start Merton would not exist. We said goodbye to our administrator, Jade Atkins, in November. We wish her well or the future. In January, the team was joined by Heather as our new Business Support Administrator who has already become an invaluable member of the team. Madeleine continues to be a positive member of the team. She is now running the Bumps to Babies group with ten attendees. Debbie has been a great support, especially helping when we did not have an administrator. Victoria, a student social worker, joined our team for a while from Southbank University. She settled in very quickly and was a great asset to the team while she was with us. As always, Sharon is at the helm, leading Home-Start Merton through all the changes we are facing. My Trustees, as always, have been an invaluable support to me, especially Sue, my Deputy Chair. Thank you so much for all your hard work. Along with our regular donors, The Dorus Trust, The Taylor Family Foundation, The Generations Fund, the 1920 Club, we have had some donations throughout the year. WDNMBS have donated for specific projects, and we have also had money from The Wimbledon Foundation. We have also had a very generous donation from Alex and David Rhodes. I would like to thank them as well as the ‘Friends of Home-Start Merton’ for their regular donations. Unfortunately, we heard that we would have to move from The Chaucer Centre. This came as a shock as we had hoped there would be no more moves. The upheaval of moving is not easy for all the people involved. On 31[st] March, we moved into The All-Saints Resource Centre. I hope this is the new beginning we all want as we move back to some semblance of normality, be it the old or the new norm. Whatever the situation is, Home-Start Merton is always there to help the most vulnerable in the borough of Merton. **Amita Kronsten** Chair of Trustees 4 ## **MANAGER’S REPORT** During 2021/22 the team have overcome many challenges to enable us to continue to provide support to families who have found life even more difficult due to the pandemic. Families have struggled with the cost of living, isolation, covid related illness, bereavement, negative mental ill health and giving birth during the pandemic. The children have struggled with no social interaction which builds upon their wellbeing and socialisation skills. One in four of children’s mental health has been affected and some babies who were born into the pandemic world of mask wearing have been unable to see facial expression which is key for babies, along with limited or no socialisation. Staff, trustees, and volunteers have suffered bereavement and Ill health. There have also been some positives during this awful time which is what I will concentrate on within my report. We are working with parents with perinatal mental ill health to provide a volunteer to support the parents from as early as conception through to the child’s 2nd birthday. The first 1001 days, from pregnancy to age two, are an age of opportunity. This is a critically important period of rapid development that lays the foundations for later health, wellbeing, and happiness. It is also a period of unique vulnerability, when babies are particularly reliant on adults and susceptible to their environment. There is a strong moral, social, and economic case for ensuring local services and systems work effectively to support babies and their families during this formative life stage. Between 10 and 20% of women develop a mental illness during pregnancy and within their child’s first year. We then began a group for all parents to attend to support the child’s socialisation skills, readiness for nursery/school and for parents to have peer support from other parents. One of the current attendees of the group is due to start her training to become a Home-Start volunteer herself. We were aware that the cost-of-living crisis was hitting families hard with some parents not eating a meal but finishing the scraps their children left. We changed the timings of the group and offered lunch for parents and children. We began to talk about recipes and cooking meals from scratch to encourage healthy eating. Thank you to Waitrose, Raynes Park, Wimbledon, and New Malden for providing the funds and food. The AELTC and The London Community Fund, Wimbledon District, Nursing Midwifery Benevolent Society, Home-Start UK, The Generations Foundation, The Taylor Family Foundation, and The Dorus Trust thank you all for making this possible. We have a new data base system which has tested us to our limits. CLOG, a cloud-based case management system for the third sector has taken us 2 years to adapt to, thankfully, the hard work has begun to pay off and we now have a competent system in place. We then introduced our home learning champions. This service provided children with a volunteer online who would spend an hour reading with the children. The same collection of books was provided to the volunteer and gifted to the children. This service compliments another new service, Big Hopes, Big Futures. Our Big Hopes Big futures service offers support to families for children to be 5 school ready. We offer strategies on managing children’s behaviour, routines, early literacy development, support with weaning, child development milestones, reading, numbers and colours, how to dress themselves, being toilet trained. Parents receive support with routines and boundaries, ensuring children have breakfast and a good night’s sleep. Our counselling service provides a qualified counsellor, offering 8 weeks free counselling which has supported parents with historical sexual abuse issues, mental ill health, self-harm, anxiety, depression, and Covid. This service provides a non-judgemental space for emotional and psychological support to help parents explore their feelings and ways to gain a greater understanding and stronger self-help techniques. Helping parents to believe in themselves which will have a positive impact on their children. A child will be aware of their parent’s ill health, they will not understand it or be able to change things. Living with someone with mental ill health is frightening for a child. Often children will no longer seek support/care from their caregivers as they know they will not receive it. They become withdrawn and stop asking. This will negatively impact on their own development and adulthood. Victoria a student social worker joined us for her 70-day placement from Southbank University and received 100% for her portfolio. The summer outing to London Zoo was a great success. Face painting was popular! Quote from a parent “The children enjoyed seeing the animals in real life as they have only seen animals in books”. Aside from the support volunteers offer a family when they visit them at home, throughout the pandemic, Home-Start Merton offered a range of different support including delivering food and essentials to families. Activity packs for children. Care packages for volunteers. We continue to offer our core support of 1:1 volunteer home visiting and I am pleased to report that we are now visiting families’ homes and as we look forward to a brighter future, we aim to increase the numbers of families we support. I would like to thank our Trustees for all their support and hard work. Our volunteers who go above and beyond. Our supporters and Funders, who have been so kind, not just in a monetary way but the support they have offered. Finally, the staff. Their hard work behind the scenes, on the front line, and the constant professional support they all offer to others is second to none. It has been another tough year but thank you all. I am so proud of Home-Start Merton, and everyone involved in making this great organisation even greater. Thank you all. **Sharon Ashby** Managing Director 6 ## **FAMILIES SUPPORTED** It has become evident that the pandemic has had negative consequences on the psychological wellbeing and emotional health of both parents and children we support. This is particularly evident in babies born in lockdown as they have had little chance of social interaction which has severely impacted their development. Home-Start Merton has come to realise this may have a lifelong impact. The pandemic has not only affected the families we support but also us as a charity. This year we have done our best to maintain the support we give to families. You will note from the graph below that 63 children and 72 parents have been supported this year, despite the effects of the pandemic. Below is a breakdown of the ages of children supported this year; Home-Start Merton supports families with children pre-birth to 5 years old however, older children are also supported when Home-Start works with a family. 7 ## **REFERRALS** This year we received 43 referrals from a range of external sources. Occasionally we receive inappropriate referrals, which become apparent once we have visited the family at home. We always endeavour, with the families permission, to signpost them to other relevant services if we are unable to help. Families are referred for a multitude of reasons, see below for the reasons families we supported this year were referred to us: Families can be referred for more than one reason, hence why the numbers for some reasons are higher than others. 8 ## **FINANCIAL OVERVIEW TREASURERS REPORT** On behalf of the Board of Trustees, I am pleased to present the Treasurer's Report for Home-Start Merton (HSM) for the financial year 1st April 2021 to 31st March 2022. A Statement of Financial Activities and Balance Sheet for the financial year 2021/2022 compared to last year (2020/2021) is shown within this Annual Report. ## Income review 2021/2022 HSM's total income for the year was £72,330. HSM received a total of £49,675 from its charitable funders and the Board of Trustees is extremely grateful to its funders for their continuing generosity during this year and wishes to thank the following: The Generations Foundation The Taylor Family Foundation The Dorus Trust Wimbledon District Nursing and Midwifery Benevolent Society Paul Strank Foundation Home Start UK This year's fundraising activities and events were severely impacted by ongoing issues brought about by the Covid-19 pandemic and other developments; however, the Board is also extremely grateful to all those who contributed towards fundraising and to those friends and supporters who continue to support the charity with much appreciated donations. ## Expenditure Review 2021/2022 Total resources spent were £156,517 (last year: £147,610). As with previous years, our greatest expenditure was on staff salaries and associated costs which amounted to £122,886 (last year: £112,162). The increase in expenditure on salaries during the year was due to the decision to award a pay increase to all staff following the pandemic. A pension deficit of £34,958 remains which the Board is committed to reduce going forward. ## – Summary Financial year 2021/2022 This was an extremely challenging year which saw a reduction in the charity's income of 43% compared to last year and a deficit of -£84,187 of expenditure over income. This significant reduction in income is contributed to the aftermath effects of the Covid pandemic and the charity not being able to fundraise for two years. However, HSM benefits from having healthy reserves as detailed on the Balance Sheet. It was able to draw on its reserves to counteract the shortfall in income during this year and its investment portfolio remains healthy. HSM remains a well-capitalised charity with total charity funds of £547,506 (last year: £593,793). The trustees are committed to improving and diversifying its income streams so that it remains a sustainable charity which will continue to provide a much-needed service to the local community. The Board of Trustees would like to take this opportunity to thank our Independent Examiner, Mr K Velupillai for reviewing the HSM accounts which have been approved by the Board of Trustees. ## **Henrietta Jenner** 9 Treasurer The following summarised accounts are an extract from the Reports and Financial Statements for the year ended 31 March 2022. The full accounts can be obtained from Home-Start Merton, All Saints Resource Centre, 44 All Saints Road, Wimbledon, SW19 1BX. Copies of the certified accounts will be lodged with the Charities Commission and Companies House. You are welcome to inspect the documents at our office, please contact the Business Support Administrator for an appointment. 10 HOME4TART MERTON Company Number Balance Sh••t as at 31 Ma￿h 2022 2122 Cufr•nt asuts Curront Jissèt Inv•51n*nls Cash al bank Ir. har¥J rotai cumt•ssets 485,367 72,549 557 916 467.487 132.343 Cr￿lto￿l... •Th>JnlB the ¥ithin cffio J•ar {10.4101 16.0171 NetGurnt41U*ts 547.508 T¢4tai 4sMts le55 cvfT•rt lknblnlles ¢roditorn.'. amounLE dtse after rrvxe ihan JEa". Not4s￿ts excludlnqpenslon •s¥•t/k•bi7ity 547.506 593.793 $47. 593,793 Nel assets in¢ludlng p•nslon assot I liabFIty The fund¥ oflho chrfty.. Unrnstrlcted Income funds UT)*Slrirtrtd re￿.nue accuThulated funth Pènsk)n 08f￿11 Fund Dttsl9na￿ revortue fwd8 Unweslrfct•d capllal funds DfAwna*wJ fix*J asset fu'nd$ Total unr•stricted funds 547. 593,793 155. 34.958 194.180 270,400 270.4C 579.&38 revenue accumthiod fufAJs R•strlct•d fixod assét ful￿5 Totsl rn$tricted funds 14255 6M40 14.255 Total ¢harfly funds 547.X6 593,793 Th8 thr¥tor8 arè e￿t the year erthd w 31 V¥r£b 2C22 tr• #Miablè éntthd lo th• obtsin urthrsa￿rn 477 rfthe 2rTh fvl no rnberar Tr.e￿￿tr¥ ha* ile £yyyp,y 10 of 4c£ou.rt5 for Ihe yehT in IT￿11￿ In Aowting S**df*Y SnthrEntdes i XQ8L A Kro￿t0Th Trustee 1glp•¢l•t •prvAd by lh• bo•rd oltruÈtM• onl&Ji' 7r20r Th• not•• p•gu 9 to 11 f•mi *n Inl•grn1 part 01th￿• accounts. li ## **ACKNOWLEDGEMENTS** Thanks to the kind generosity and support of our funders, fundraisers, and those who give their support in kind, we have been able to help many local families over the last year, providing a reliable, empathetic source of connection and understanding during a challenging time it has been for so many. A heartfelt thank you to everyone who has supported us over the - The Dorus Trust - The Taylor Family Foundation - The Generations Foundation - Wimbledon Foundation - Wimbledon High School - Ursuline High School - Wimbledon District Nursing & Midwifery Benevolent Society - Paul Strank Charitable Trust - London Community Foundation - Amita Kronsten - Gregory Kronsten - Sylvia Marland - Mike Short - Barbara Cluer - Sue Kirby - Simon Lloyd - Sally Cunliffe - 1920 Club - Lisa Wyatt - John Lewis & Partners - Waitrose & Partners - Ghana Nurses Association SW London last year and helped us to provide such vital support to families. Together with those listed above, we are indebted to the many donors whose generosity and ongoing support through this year has been especially important in enabling us to respond quickly to families in need. Thank you. Finally, without the support of the following people, we would not be able to support our families. They are our wonderful home-visiting volunteers: - Simona - Yuzi - Jenny - Kirsten - Katie - Trisha - Angela - Jen - Sue - Susanne - Annette - Saima - Rebecca - Sam - Shona - Liza - PJ - Nicholas - Vasi - Natasha - Christa - Lucy  Lesley  Lisa **----- Start of picture text -----**
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12 WAITROSE 13 Reglst6red Charlty Number 1108937 Registered Company Number 5359862 HOMESTART MERTON REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022 HOME-START MERTON Report and accounts Contents Page Charity arkd Company informallon Trustees, Report Ind8p&ndenl Examiner's report Slalemenl of Fln8ncial Activities Balance sheet Notes lo the aocounls Dgtailed Slalemonl of Flnantsial Aolivilies 12 HOME-START MERTON Company Information Dirèctors A Kronslen {Chairl S Oury{Deputy Chairl H Jenner S Lloyd D Lawren¢e L Sanzone D Holrnes A Flacks {Resigned 30105120221 Secretary S PAshby Accountants KV&CO Chartered Managemènt Accountants 18 Morton Gardens W211inglon Surrey SM6 8EX Bankers CAF Bank Limilad 25 Kings Hill Avenu Kings Hill Wesl Malling Kant ME19 4JQ Reglst8red offlcè All Saints Resource Centre 44 All Saints Road Wimblodon London SW19 18X Règlst8red Charity numbor 1108937 HOME.START MERTON The rèport of the trtJ$tees Introduction for lh& year ended 31 March 2022 The trustees pres8nl their annual report and ecoounls for the year ended 31st March 2022. Name, registered office and conslltutlon of the charity The lull name of the charity is Home-St8rt MÈrton. The legal registration details aro Date of inGorporalion Company Registration Numb&r The Registered Office is Charily R￿1straI10n Number The t&l6phon& nU￿ber is 10th February 2005 5359862 All Saints Resource Cenlre. 44 All Salnls Road, London SW19 18X 1108937 0208 646 6044 Oblectiv&s and ActlvltlÈs of the Charlty A summary of the objocts of the Gharily as set out In Ils governing document. The principal aetlvily during the year was lo support families with young childr8n living within the Lon(k>n Borough of Merton. Public benefit that is provided by the charity To safeguard. protect and preseNe tha good hoallh, both mental and physi¢al of children and parents. To prsvènt cru8lly lo or mallrealmenl of childran. To relievo sickness, poverty and neèd amongst children and parents of chlldreft. To promolts the eduoation ol tha public in better standards of ¢hlldcere within the area of Merlon and Its ènvlrons. Achlevgmènts and Pèrfomiance of the Charlty Structure, Governancb and Management Natur8 of the Govèrnlng Documenl and constitutk>n of Ihe charity The rèsutts for the period, and tho Charity's financial position al thè end of the period are shown In the attached flnan¢lal slatemenls. The Charity Is Company Llmlled by Guarantee whlch is incorporated in United Kingdom tsn 10 FebN8ry 2005 was formed lor d)arilable purpose. The Ilabilily of118 members is limilad to O guarantee of £1 È8ch, The companies governing documents are its memorandum and articles of 2SSOGialion. Th8 company is established lo furthér those purposes which are reco9nised as charllable anc5 the registered Charity number is 1108937. Th8 mathods adopted ftjr the recrultmgnt and appointment of new (rust Hom8-Slart Merton recruits trust88$ who demon81rale interast In valulng the femily and fallowng recommendatioiis made In respect of people with particular skllls and oxpertise in working with children and families. or the voluntary sector. All new Iruslees receive an inductlon pack of informallon about the w￿k of Home-slart M&rton and how it opéral8s, and guidance as lo their responsibllily as oharity Irusté8s and compsny directors. Inductlon and training of board mèmb8rs is delegated lo the scheme Manager In consullatlon with the Chalr. New members also ￿ceIve Information about Home-start UK including a copy of the signed 8gr8emenl. Th8 major risks to which th• eharlty is exposed and reviews aFJd systems to mltlgate rlsks The trustees have examined the major straleolo, bLJslness and operational rlsks whl¢h th& charity fa￿ and confimi that systems have been eslabli8hed lo enable regular reports to bo produ¢ed 80 that the necessary steps can be taken lo manag& and mlnimlse iisks. HOME-START MERTON The report of tha tr(tstee$ Flnanc5al Review Policie5 on reseryas for the year ended 31 March 2022 The truste65 have examined the requlrement for free reserves, which aro those unreslTicled funds not invested in fixed assets, not deslgnat8d for speafie purposes or otheNrise commilled. The Iruslees have sel a reserve5 policy which requires.. reserves are mainlained al a level whlch ensures that Home-slart's ¢ore aclivity could continue during a pgrlod of unfor8sè8n diffleulty a prowrtlon of reserves Bre maintained in a readily realisable form. klaving considered the rÈsk, activlty and commitments of the organisalion Tru8lees have agreed that the stheme need to relaln a l&vel of a minimum of 6 miMths running costs which equates lo approximately £ 80,000. Thls pollcy is reviewed annually by the board of Trustees. Transactions and Financial poslllon The financial slalomenls are set oul on pages 7 to 13. Thè flnanclal statements have been prepared implementing the ￿05 Rewsion of the Statement of Recommended Praelice ISORPI for Accounting and Reporting by Charities issued by th8 Charity Commission lor England and Walès and in accordance with the Financlal Reportlng Standard IFRS1021 issued on 1 f5 July 2014. Th& Statement of Financ181 Adlvllles show nel oulgoing resources (defic￿) for thè yèar of a revenue naluT8 of £84,187 Iprior year nel outgoing resou￿8$ of £20,331). Th& total reserves at the year end. sland 8t £547,506 (prior year £ 593,7931. Frèè unrestricted liquid reserves 18 in suryjlus and amounted to £540,866. {PTior year surplus £579.5381 The membeys of the Board of Trustaes of the Charity during the year ended 31st March 2022 were A Kronslen Soury H Jenner S Lloyd Lawrencb L Sanzone D Homos A Flacks Chair Deputy Chair Treasurer Reslgnod 3010512022 Trustees of th8 charlly, and their responsibililles Includts all the reswnslbililies ol directors L*nder thé ComDanies Acls and of trtJst888 und6r th& Charitlgs A¢ts. The direclorsltrustèès are 811 members of the charity. The members of the Board of Trustees of thè Charity at th8 data of th8 r8port and a¢¢ounts were approved were:. A Kronsten S Oury H Jenner S Lloyd D Lawrence D Holmes A Flacks HOME-START MERTON The report of the trustees Inv8Stment Policy: for the ￿ar èndèd 31 March 2022 To achieve long tarm growth, of both capital and income, from an invastmenl portfolio log¢lher with a reasonably hlgh level of current inooma. The assets Should be managed lo a11oa8t maintain the re81 eapilal value of the portfollo, whllst generating a suslalnable level of income to support th8 various charitable acllville8. -To produce the best financial return within an acceplable level of ￿Sk. -The assets can be invèstèd widety accordlng to Ihg general power of investment and should b6 div8rsilied by assets class and by security. Assèts classes could Include Cash, bonds. equltles, investment funds, property 8lld any other assets that are deemed suitable lor the ¢harily. The Trustees requSre ethical considemtions to be taken into aecount in the choice of investments. Direct investmènts in companies predomlnalety involved with the production of alcohol. gambllllg activities and the promsion of domestic sub-prime lending ar& not accaplable. Independent Examlner K Velupplllai AGMA. CGMA.ACPA KV&CO Chartered Management Accountants 18 Morton Gardens Wallinoton Surrey SM6 8EX statement of Dlr¢ctors' and Trustees, Responsibilities The Charities Acts and Ihg Companles Acts tsqulre the Board ol trus1888 to prepare financial stat8menls for each finanGial year which give a truè and falr view ol Ihe bln of the Charity ihere remain any assets, after the satisfaction of all debts and liabililles, the assets represented by the accumulated fund sh211 be transferred to some other charltable body or bodies hamng similar objects to the charity. 3 Deficlt for the financlal year 2022 2021 Thls Is stated after credltlng R8v&nué Turnovèr from ordlnary activities 72,330 127,279 and aftèr charylng:" Pension costs Indgpendent Examiner's Fees 5,730 1,150 5,5S2 1,150 4 Staff Costs and Emoluments 2022 2021 Gross Salarles Employevs National Insurance Pension Contri￿￿'0ns 110,653 6.503 5,730 122,886 99,597 6,973 5,592 112,162 There were no fees or other remuneration paid lo the Iruslees There were no employee5 with emoluments in excess of £60,000 per annum 5 Trustees. remuneration Neithtrr the trustees nor any persons connected with them have received any remuneration, eilher in the Gurrenl year or the prior year. HOME-START MERTON Notes to the Accounts for the year ended 31 March 2022 6 Tanglble functlonal fixed assats Plant, Machin&ry & Vehicles Asset cost, valuation or ravaluèd amoLtnt At 1 Aprll 2021 At 31 March 2022 4,840 4,84Q Accumulated depreclatlon and impairment provisions At 1 April 2021 Charge for the year Al 31 March 2022 4,840 4,840 Net book value Al 31 March 2022 {All assets are used for dlrecl charitable purposes.) 7 CredStors.' amounts falllng dua within one yaar 2022 2021 Accrued expenses PAYE and Nl 6,017 4,393 10,410 2022 6,017 6,017 2021 8 Penslon Commltments and pension scheme detalls Deflned Conlrlbutlon Scheme Nll Delined Benefit Schem Due lo be paid 34,958 34,958 HOME4TARf MERfoN natallad SlatAmAnt ol FlnanclAIAetlvtt1¢9 forthB Vè8fehde& JI Klarch 2¢22 UnreBtrkted Re5trlGted fotal Fulld8 FuThls 2022 2022 Prlor Tolal Funds 2421 2022 I￿￿mIng R6$ou￿e& I￿￿￿￿ng Rè$tsurces Ir¢m VDI￿ntary Incomo 1S,708 IS,706 38.721 Grwnl$, kigo¢1g1 and donallon? GO￿r￿M￿nI and publlc bodlAs Incomlnu resou￿•6 of È revènu¢ r¢blure Non gov•rnrn8nt and publlc bodlBs Incornlng rèÉOU￿èS of a rÈv&nue natur¢-grants, donètlon¥ Ènd l&gbclèg Géner&l4n Foundatton Wlrnb1￿L￿ Dlsirt¢t Nurslw ￿￿4￿[ery BeThovdèntSocl8iy ThÈT8yk* Famlly FoUndElon Twsl Wlrnbled(* FovndBUon CommuniiyFoullda¥on CAF Benk Paul SlfaDk Tnisl A& H L¥iv£f3 ChBrltyYru8l Horne Slart UK ciiyof Londcpn TThs1 25,000 2$￿00 4,BOQ 1fj,000 7.000 25,000 2,450 10,000 1U.000 to,￿0 4,250 450 5.84Q 9.10Q .875 1,875 Totsi GMn￿L01BGIo5 &DonstloDg RBc•lY•d ot*Ar wo￿nI￿ryIn¢0￿9 Olher Ihcome Total othtrvoluntary Incomè Total VoluniarylnGomq ActI¥ll￿S 9èwratlnq lun41 32,70B 65,383 407 407 407 32.675 Fundraising octiwba$ Tot•1 of aGllvlMEsfL*4¢nefallfig fll￿d5 11027 InY•srm¢nt Ineom& Bank deFWJSltlntets5t reCe￿￿d 58 T•lal Iweslment In Toial Incomlng R4saurcÈs G41nD om InvegtmentaBBets 14 44 127 279 iknraallsed Gans on knvestme￿9 go 906 ¢o3ts of g•n•rJtlDg funds eosls wolvnlarythcom Fundiaisin9 8vani Gll$l 1,825 1,825 1.825 100 fOQ Total costs olgenérallng v45luntarylReoMe Chorllablè ¢xpendltuve 8upwt¢osls of¢harll•bl*a¢iivftl Dlro¢lsupport costs GroB$ &nd s&1￿￿- chari￿b￿ aBtlY1￿5 Travd and Subdsi8n￿-Cha￿t3￿èAClIVlli￿S EmthrgNI-CharKablg adlvlNo4 P8n8lon ¢Ontrlbu&ons chan1a￿a£MrIOy8e8 Vcluhte6rs' Cos Hoh* Start- lJKC￿sUItthoY 8laff Trdning & Expen98S 75.682 34.971 It0.￿? 99,507 2,897 4,017 fj,973 5.592 783 2.496 430 5.7 2a13 453 77 2,313 453 126767 8e HOME-START MERTON Det&l￿d Sta¢gmBnt of Flnancl41 A¢lIv1t￿8 fortha yèar*ndet¢ 31 March 2022 U￿¥￿St￿c￿￿ R051rf¢tèd Total Funds Fund6 2022 2D22 Prlor p￿rI0￿ Total Funds 2021 2022 In supportofchorllable4cllvifle5 Pr•mlse$ ¢0515 Ofll¢e Pr￿ls￿￿ Cos1 R8Th1 payab Insurance T¥tdl OffiGe Piernlses Costs BUl￿1ngWQtkS & R&flt Rent Payab RgIÈA In8uranc6 &275 954 9,229 8.275 954 50,000 10.868 Toral Gh#dty$hop prnml898 of*81$ Tol¥l Pr4mi$èg Co$ts G•n8r41gdmlnAslrnllvg exponses.. T￿l9ph￿9 and tax Postage siaiknnery8nd Pdn￿ In10￿￿tiOn and publicafj￿ Afiiiation and m￿nbOrShiP fee S￿￿[c¢ Coniia¢V L&a8b$ Equipmeniexpènaas Phyroll co3ts IY Svpwrt Adv8rrislno and PR Bank charg8s Sundrygxp£nsgg 2.942 2,942 1.274 1.37g 1.tr21 1,139 36 3è 1.596 978 482 1,734 1.439 36 39 1,S98 976 482 1.734 3,670 43S 1,349 70 3.022 4.597 Prof8sslotJal f4e$ $uppoy¥af¢liJrlt•)lfj a¢tfvitlè8 3.809 3,609 5.408 5,496 Total Support co$ts Tofal Expendq¢ Charftablè AdvlllB6 40,29r> 153.542 148,360 ¢oJi$ ihatar4 thh&renlln ¢￿￿TatIn dèltv4tyindprDgi8mmeorprole¢l wwk depthdeni Examine¢s F825 TL¥tsI yovemanc8 costs Reglst6red Charlty Number 1108937 Registered Company Number 5359862 HOMESTART MERTON REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022 HOME-START MERTON Report and accounts Contents Page Charity arkd Company informallon Trustees, Report Ind8p&ndenl Examiner's report Slalemenl of Fln8ncial Activities Balance sheet Notes lo the aocounls Dgtailed Slalemonl of Flnantsial Aolivilies 12 HOME-START MERTON Company Information Dirèctors A Kronslen {Chairl S Oury{Deputy Chairl H Jenner S Lloyd D Lawren¢e L Sanzone D Holrnes A Flacks {Resigned 30105120221 Secretary S PAshby Accountants KV&CO Chartered Managemènt Accountants 18 Morton Gardens W211inglon Surrey SM6 8EX Bankers CAF Bank Limilad 25 Kings Hill Avenu Kings Hill Wesl Malling Kant ME19 4JQ Reglst8red offlcè All Saints Resource Centre 44 All Saints Road Wimblodon London SW19 18X Règlst8red Charity numbor 1108937 HOME.START MERTON The rèport of the trtJ$tees Introduction for lh& year ended 31 March 2022 The trustees pres8nl their annual report and ecoounls for the year ended 31st March 2022. Name, registered office and conslltutlon of the charity The lull name of the charity is Home-St8rt MÈrton. The legal registration details aro Date of inGorporalion Company Registration Numb&r The Registered Office is Charily R￿1straI10n Number The t&l6phon& nU￿ber is 10th February 2005 5359862 All Saints Resource Cenlre. 44 All Salnls Road, London SW19 18X 1108937 0208 646 6044 Oblectiv&s and ActlvltlÈs of the Charlty A summary of the objocts of the Gharily as set out In Ils governing document. The principal aetlvily during the year was lo support families with young childr8n living within the Lon(k>n Borough of Merton. Public benefit that is provided by the charity To safeguard. protect and preseNe tha good hoallh, both mental and physi¢al of children and parents. To prsvènt cru8lly lo or mallrealmenl of childran. To relievo sickness, poverty and neèd amongst children and parents of chlldreft. To promolts the eduoation ol tha public in better standards of ¢hlldcere within the area of Merlon and Its ènvlrons. Achlevgmènts and Pèrfomiance of the Charlty Structure, Governancb and Management Natur8 of the Govèrnlng Documenl and constitutk>n of Ihe charity The rèsutts for the period, and tho Charity's financial position al thè end of the period are shown In the attached flnan¢lal slatemenls. The Charity Is Company Llmlled by Guarantee whlch is incorporated in United Kingdom tsn 10 FebN8ry 2005 was formed lor d)arilable purpose. The Ilabilily of118 members is limilad to O guarantee of £1 È8ch, The companies governing documents are its memorandum and articles of 2SSOGialion. Th8 company is established lo furthér those purposes which are reco9nised as charllable anc5 the registered Charity number is 1108937. Th8 mathods adopted ftjr the recrultmgnt and appointment of new (rust Hom8-Slart Merton recruits trust88$ who demon81rale interast In valulng the femily and fallowng recommendatioiis made In respect of people with particular skllls and oxpertise in working with children and families. or the voluntary sector. All new Iruslees receive an inductlon pack of informallon about the w￿k of Home-slart M&rton and how it opéral8s, and guidance as lo their responsibllily as oharity Irusté8s and compsny directors. Inductlon and training of board mèmb8rs is delegated lo the scheme Manager In consullatlon with the Chalr. New members also ￿ceIve Information about Home-start UK including a copy of the signed 8gr8emenl. Th8 major risks to which th• eharlty is exposed and reviews aFJd systems to mltlgate rlsks The trustees have examined the major straleolo, bLJslness and operational rlsks whl¢h th& charity fa￿ and confimi that systems have been eslabli8hed lo enable regular reports to bo produ¢ed 80 that the necessary steps can be taken lo manag& and mlnimlse iisks. HOME-START MERTON The report of tha tr(tstee$ Flnanc5al Review Policie5 on reseryas for the year ended 31 March 2022 The truste65 have examined the requlrement for free reserves, which aro those unreslTicled funds not invested in fixed assets, not deslgnat8d for speafie purposes or otheNrise commilled. The Iruslees have sel a reserve5 policy which requires.. reserves are mainlained al a level whlch ensures that Home-slart's ¢ore aclivity could continue during a pgrlod of unfor8sè8n diffleulty a prowrtlon of reserves Bre maintained in a readily realisable form. klaving considered the rÈsk, activlty and commitments of the organisalion Tru8lees have agreed that the stheme need to relaln a l&vel of a minimum of 6 miMths running costs which equates lo approximately £ 80,000. Thls pollcy is reviewed annually by the board of Trustees. Transactions and Financial poslllon The financial slalomenls are set oul on pages 7 to 13. Thè flnanclal statements have been prepared implementing the ￿05 Rewsion of the Statement of Recommended Praelice ISORPI for Accounting and Reporting by Charities issued by th8 Charity Commission lor England and Walès and in accordance with the Financlal Reportlng Standard IFRS1021 issued on 1 f5 July 2014. Th& Statement of Financ181 Adlvllles show nel oulgoing resources (defic￿) for thè yèar of a revenue naluT8 of £84,187 Iprior year nel outgoing resou￿8$ of £20,331). Th& total reserves at the year end. sland 8t £547,506 (prior year £ 593,7931. Frèè unrestricted liquid reserves 18 in suryjlus and amounted to £540,866. {PTior year surplus £579.5381 The membeys of the Board of Trustaes of the Charity during the year ended 31st March 2022 were A Kronslen Soury H Jenner S Lloyd Lawrencb L Sanzone D Homos A Flacks Chair Deputy Chair Treasurer Reslgnod 3010512022 Trustees of th8 charlly, and their responsibililles Includts all the reswnslbililies ol directors L*nder thé ComDanies Acls and of trtJst888 und6r th& Charitlgs A¢ts. The direclorsltrustèès are 811 members of the charity. The members of the Board of Trustees of thè Charity at th8 data of th8 r8port and a¢¢ounts were approved were:. A Kronsten S Oury H Jenner S Lloyd D Lawrence D Holmes A Flacks HOME-START MERTON The report of the trustees Inv8Stment Policy: for the ￿ar èndèd 31 March 2022 To achieve long tarm growth, of both capital and income, from an invastmenl portfolio log¢lher with a reasonably hlgh level of current inooma. The assets Should be managed lo a11oa8t maintain the re81 eapilal value of the portfollo, whllst generating a suslalnable level of income to support th8 various charitable acllville8. -To produce the best financial return within an acceplable level of ￿Sk. -The assets can be invèstèd widety accordlng to Ihg general power of investment and should b6 div8rsilied by assets class and by security. Assèts classes could Include Cash, bonds. equltles, investment funds, property 8lld any other assets that are deemed suitable lor the ¢harily. The Trustees requSre ethical considemtions to be taken into aecount in the choice of investments. Direct investmènts in companies predomlnalety involved with the production of alcohol. gambllllg activities and the promsion of domestic sub-prime lending ar& not accaplable. Independent Examlner K Velupplllai AGMA. CGMA.ACPA KV&CO Chartered Management Accountants 18 Morton Gardens Wallinoton Surrey SM6 8EX statement of Dlr¢ctors' and Trustees, Responsibilities The Charities Acts and Ihg Companles Acts tsqulre the Board ol trus1888 to prepare financial stat8menls for each finanGial year which give a truè and falr view ol Ihe bln of the Charity ihere remain any assets, after the satisfaction of all debts and liabililles, the assets represented by the accumulated fund sh211 be transferred to some other charltable body or bodies hamng similar objects to the charity. 3 Deficlt for the financlal year 2022 2021 Thls Is stated after credltlng R8v&nué Turnovèr from ordlnary activities 72,330 127,279 and aftèr charylng:" Pension costs Indgpendent Examiner's Fees 5,730 1,150 5,5S2 1,150 4 Staff Costs and Emoluments 2022 2021 Gross Salarles Employevs National Insurance Pension Contri￿￿'0ns 110,653 6.503 5,730 122,886 99,597 6,973 5,592 112,162 There were no fees or other remuneration paid lo the Iruslees There were no employee5 with emoluments in excess of £60,000 per annum 5 Trustees. remuneration Neithtrr the trustees nor any persons connected with them have received any remuneration, eilher in the Gurrenl year or the prior year. HOME-START MERTON Notes to the Accounts for the year ended 31 March 2022 6 Tanglble functlonal fixed assats Plant, Machin&ry & Vehicles Asset cost, valuation or ravaluèd amoLtnt At 1 Aprll 2021 At 31 March 2022 4,840 4,84Q Accumulated depreclatlon and impairment provisions At 1 April 2021 Charge for the year Al 31 March 2022 4,840 4,840 Net book value Al 31 March 2022 {All assets are used for dlrecl charitable purposes.) 7 CredStors.' amounts falllng dua within one yaar 2022 2021 Accrued expenses PAYE and Nl 6,017 4,393 10,410 2022 6,017 6,017 2021 8 Penslon Commltments and pension scheme detalls Deflned Conlrlbutlon Scheme Nll Delined Benefit Schem Due lo be paid 34,958 34,958 HOME4TARf MERfoN natallad SlatAmAnt ol FlnanclAIAetlvtt1¢9 forthB Vè8fehde& JI Klarch 2¢22 UnreBtrkted Re5trlGted fotal Fulld8 FuThls 2022 2022 Prlor Tolal Funds 2421 2022 I￿￿mIng R6$ou￿e& I￿￿￿￿ng Rè$tsurces Ir¢m VDI￿ntary Incomo 1S,708 IS,706 38.721 Grwnl$, kigo¢1g1 and donallon? GO￿r￿M￿nI and publlc bodlAs Incomlnu resou￿•6 of È revènu¢ r¢blure Non gov•rnrn8nt and publlc bodlBs Incornlng rèÉOU￿èS of a rÈv&nue natur¢-grants, donètlon¥ Ènd l&gbclèg Géner&l4n Foundatton Wlrnb1￿L￿ Dlsirt¢t Nurslw ￿￿4￿[ery BeThovdèntSocl8iy ThÈT8yk* Famlly FoUndElon Twsl Wlrnbled(* FovndBUon CommuniiyFoullda¥on CAF Benk Paul SlfaDk Tnisl A& H L¥iv£f3 ChBrltyYru8l Horne Slart UK ciiyof Londcpn TThs1 25,000 2$￿00 4,BOQ 1fj,000 7.000 25,000 2,450 10,000 1U.000 to,￿0 4,250 450 5.84Q 9.10Q .875 1,875 Totsi GMn￿L01BGIo5 &DonstloDg RBc•lY•d ot*Ar wo￿nI￿ryIn¢0￿9 Olher Ihcome Total othtrvoluntary Incomè Total VoluniarylnGomq ActI¥ll￿S 9èwratlnq lun41 32,70B 65,383 407 407 407 32.675 Fundraising octiwba$ Tot•1 of aGllvlMEsfL*4¢nefallfig fll￿d5 11027 InY•srm¢nt Ineom& Bank deFWJSltlntets5t reCe￿￿d 58 T•lal Iweslment In Toial Incomlng R4saurcÈs G41nD om InvegtmentaBBets 14 44 127 279 iknraallsed Gans on knvestme￿9 go 906 ¢o3ts of g•n•rJtlDg funds eosls wolvnlarythcom Fundiaisin9 8vani Gll$l 1,825 1,825 1.825 100 fOQ Total costs olgenérallng v45luntarylReoMe Chorllablè ¢xpendltuve 8upwt¢osls of¢harll•bl*a¢iivftl Dlro¢lsupport costs GroB$ &nd s&1￿￿- chari￿b￿ aBtlY1￿5 Travd and Subdsi8n￿-Cha￿t3￿èAClIVlli￿S EmthrgNI-CharKablg adlvlNo4 P8n8lon ¢Ontrlbu&ons chan1a￿a£MrIOy8e8 Vcluhte6rs' Cos Hoh* Start- lJKC￿sUItthoY 8laff Trdning & Expen98S 75.682 34.971 It0.￿? 99,507 2,897 4,017 fj,973 5.592 783 2.496 430 5.7 2a13 453 77 2,313 453 126767 8e HOME-START MERTON Det&l￿d Sta¢gmBnt of Flnancl41 A¢lIv1t￿8 fortha yèar*ndet¢ 31 March 2022 U￿¥￿St￿c￿￿ R051rf¢tèd Total Funds Fund6 2022 2D22 Prlor p￿rI0￿ Total Funds 2021 2022 In supportofchorllable4cllvifle5 Pr•mlse$ ¢0515 Ofll¢e Pr￿ls￿￿ Cos1 R8Th1 payab Insurance T¥tdl OffiGe Piernlses Costs BUl￿1ngWQtkS & R&flt Rent Payab RgIÈA In8uranc6 &275 954 9,229 8.275 954 50,000 10.868 Toral Gh#dty$hop prnml898 of*81$ Tol¥l Pr4mi$èg Co$ts G•n8r41gdmlnAslrnllvg exponses.. T￿l9ph￿9 and tax Postage siaiknnery8nd Pdn￿ In10￿￿tiOn and publicafj￿ Afiiiation and m￿nbOrShiP fee S￿￿[c¢ Coniia¢V L&a8b$ Equipmeniexpènaas Phyroll co3ts IY Svpwrt Adv8rrislno and PR Bank charg8s Sundrygxp£nsgg 2.942 2,942 1.274 1.37g 1.tr21 1,139 36 3è 1.596 978 482 1,734 1.439 36 39 1,S98 976 482 1.734 3,670 43S 1,349 70 3.022 4.597 Prof8sslotJal f4e$ $uppoy¥af¢liJrlt•)lfj a¢tfvitlè8 3.809 3,609 5.408 5,496 Total Support co$ts Tofal Expendq¢ Charftablè AdvlllB6 40,29r> 153.542 148,360 ¢oJi$ ihatar4 thh&renlln ¢￿￿TatIn dèltv4tyindprDgi8mmeorprole¢l wwk depthdeni Examine¢s F825 TL¥tsI yovemanc8 costs