REGISTERED COMPANY NUMBER: 5414484 (England and Wales) REGISTERED CHARITY NUMBER: 1109262 **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2021 FOR HOME-START CENTRAL BEDFORDSHIRE** 1 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The accounts have been prepared in accordance with the recommendations of the Statement of Recommended Practice (FRS 102). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Home-Start Central Bedfordshire (HSCB) offers support, friendship and practical help to parents and children. To help give children the best possible start in life, HSCB supports parents as they grow in confidence, strengthen their relationships with their children and widen their links with the local community. The objects for which Home-Start Central Bedfordshire was established are: - to safeguard, protect and preserve the good health, both mental and physical of children and parents of children - to prevent cruelty to or maltreatment of children - to relieve sickness, poverty and need amongst children and parents of children - to promote the education of the public in better standards of childcare within the areas of Bedfordshire, Luton and Milton Keynes. In setting our objectives and planning our activities, the Trustees have given careful consideration to the Charity Commission's guidance on public benefit. ## **Charitable activities** HSCB offers a unique service, recruiting and training volunteers - who are usually parents themselves —to visit families at home to offer informal, friendly and confidential support. In addition to our family support work we also work to reduce the impact of domestic abuse through preventative education and through providing one to one support and group work for survivors of domestic abuse. ## **ACHIEVEMENT AND PERFORMANCE** ## **Family Support Service** We support parents as they learn to cope, improve their confidence and build better lives for their children. The benefits of our support include improved health and well being and better family relationships. HSCB recruits, trains and manages volunteers with parenting experience to support vulnerable families. After attending an initial twenty four hour Preparation Course Home- Start volunteers are carefully matched with a family, and visit for a period of time with a planned set of outcomes to work towards. We provide early help support to families but also work with families where children are “child in need” or on a child protection plan. 2 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ We work in partnership with a number of other agencies and receive referrals from other professionals such as Health Visitors, Social Care, Children’s Centres and schools. A volunteer is carefully matched with the family giving regard to such matters as their own skills, experience and availability. They will visit the family in their home for two to three hours each week. The type of support depends on the family’s needs. This could be: - Emotional support to help parents find ways to manage and resolve problems - Listening visits for parents with mental ill health - Encouragement and support to attend Children’s Centres and local resources - Assistance with attending medical appointments - Advocacy - Assistance and mentoring with managing children’s behaviour - Modelling good parenting - Embedding parenting strategies e.g after attending parenting programmes - Assistance and mentoring with developing household routines - Assistance and mentoring with cleaning and decluttering the house - Help with budgeting, nutrition and meal planning, cooking and making the home safe - Translation services on an informal basis - School readiness - Support both in and after leaving Refuge for parents and children who have fled domestic abuse As a non-statutory organization many families find being supported by a parent volunteer less threatening and stigmatizing. Research has shown that our support increases parental confidence in bringing up children, enables families to access local services, reduces isolation for parents and children and generally increases resilience in families making a lasting impact. ## **Home-Visiting Support** Lockdown and other restrictions due to the pandemic meant that we were not able to offer our volunteer home visiting service. As a result we quickly adapted our service to phone and online support. In order to ensure that our volunteers were equipped to work in this way we gained a grant from Beds and Luton Community Foundation which enabled us to develop and deliver phone support training – Phone Start. However some families elected to wait until we could return to support in the home. ## **At 31[st] March 2021:** 127 families were referred from **Central Bedfordshire** for home visiting support. 65 families had volunteer support 33 families received office support 3 **HOME-START CENTRAL BEDFORDSHIRE** ## **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ 29 were waiting to be matched ## **47 families from Luton were referred for support At 31[st] March 2021** 26 families had volunteer support 13 families received office support 8 were waiting to be matched **The SEND Parent Mentor project** began in September 2020 as an 18 month pilot project funded by Central Beds Council. Parents of children with Special Educational Needs and Disabilities received an average of 6 weeks support by trained volunteers who were also parents of SEND children, with the objectives of offering emotional support and practical help and knowledge around the pathways and services available. Over the summer of 2020 we recruited and trained a cohort of 12 SEND Parent Mentor volunteers. ## **On 31[st] March 2021** 10 families were waiting for support 30 families had received volunteer support 11 had received office support We have a robust monitoring and evaluation system based on the Outcomes Star which tracks each families journey of change in order to ensure that the support given is sufficient and correct. The type of support given may change at review. This year the main reasons for wanting support were coping with feeling isolated, coping with mental ill health and managing children’s behaviour. The five parameters tracked were parent’s health and well-being, children’s health and wellbeing, more confident and positive parenting and improvements in the family home. ## **Domestic Abuse Services** ## **The Need** It is estimated that one in four women and one in six men will experience domestic abuse at some point in their lifetime. This may include years of psychological abuse. Children are often the silent victims of domestic abuse. In homes where domestic violence occurs, 90% of children are in the same or next room during an incident. _A further 62% of children living with domestic abuse are directly harmed by the perpetrator of the abuse, in addition to the harm caused by witnessing the abuse of others. In Central Bedfordshire alone, in 2015 there were 3,238 police incidents of domestic abuse recorded - over eight incidents reported per day. An estimated 350 children live with high risk domestic abuse and a further 300 living with medium risk abuse that are currently visible to services._ “Central Bedfordshire Council Domestic Abuse Strategy 2016-20 4 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ ## **Our response** Alongside our home visiting service for women and their children in Refuge and after leaving Refuge we also were part of a consortium with other domestic abuse services in the Bedfordshire area to deliver services for victims across the area. The project was called Safety Net. Our part in this was to deliver the **Own My Life course** (funded by the Office of the Police and Crime Commissioner). ## **Own My Life** Own My Life is a ten week programme. The purpose of the course is to educate and empower women who have been subject to domestic abuse to regain ownership of their own lives. G Due to the pandemic we were no longer able to run the Pattern Changing courses as they are not designed for online delivery. However we were able to be a part of the first cohort to be trained to deliver the new Own My Life course which has similar content to Pattern Changing but was also possible to be delivered online through videos and individual and group work. We began the first delivery of the course online over the summer of 2020. The course was very well received and as it was run in an evening was accessible to women all around the county including those who were working during the day or looking after children. We ran five Own My Life courses between July 2020 and March 2021. All were held online and were attended by 43 women from different areas of Bedfordshire. Significant increases in emotional and physical health were reported. ## **Helping Hands** Helping Hands is a six week course developed by Women’s Aid for children aged between 7 and 11. The objectives of the course are for children - to understand their right to a safe home environment, - develop resilience and good self esteem, - to realise how their behaviour affects others and - to learn to manage strong feelings without violence and gain a knowledge of non violent problem solving skills. Due to the lockdown and later restrictions on outside services entering schools unfortunately we had to suspend delivery of Helping Hands. However we are planning to restart the course in the autumn and have adapted some of the materials to be particularly helpful for children who are experiencing mental health issues and anxiety. ## **Mental Ill Health Services** A significant number of our referrals continued to be for families affected by mental ill health. Not surprisingly the pandemic caused levels of anxiety to increase for many families. 5 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ For some parents having the regular weekly call from a volunteer to provide emotional support and to listen made a real difference. Some volunteers also helped with home schooling activities using the internet or sending ideas of activities for families to do together particularly during the periods of lockdown. **Brighter Start Group** for women with post natal depression and anxiety As we were not able to deliver a face to face Brighter Start group this was moved to an online group where the women were able to talk through issues and concerns and to gain support and friendship from each other. We also played games as a way of fun into the evenings in what was an otherwise anxious year. We are planning to restart the group in our building in September and to take on new members. **9** women attended the group over the year. (15 children in the family). ## **Videos** We realized that a good way of reaching families was through producing short films and advertising them on line. This resulted from a contract with Central Beds Council to deliver training to parents about the development of the teenage brain and how it affects behaviour. This also included strategies to help parents. Our target group was 300 parents in the South Beds area. Soon after beginning delivery of the workshops the pandemic occurred and we were not able to continue. We therefore developed the **Teenage Brain workshop** online using animations on our Youtube channel. This resulted in a greatly expanded reach (2300 views) and good feedback from parents. ## **Building Resilience for Children videos** We therefore applied for a small grant from BBC Children in Need to develop two short animated taster videos around helping children with resilience. Parents could then click through to our website for expanded help and ideas to help their children’s emotional health. These again proved to be a popular way of reaching parents. ## **Empowering Parents, Empowering Communities** Over the year we continued to deliver the Empowering Parents Empowering Communities programme (EPEC)on behalf of Central Bedfordshire Council. (EPEC) is a programme from the Centre for Parent and Child Support, South London and Maudsley NHS Foundation Trust. EPEC parenting courses are led by local parent facilitators who have completed accredited EPEC training and receive ongoing training, supervision and support to ensure safe, high quality, and effective practice. Parents attend nine weekly two-hour sessions. During these sessions, parents learn strategies for improving the quality of their interactions with their child, reducing negative child behaviour and increasing their efficacy and confidence in parenting. The sessions involve group discussions, demonstrations, role play and homework assignments. EPEC is underpinned by rigorous research and practice evidence showing a significant impact on children’s social, emotional and behavioural outcomes, parenting, family resilience and social capital. The programme encourages engagement in other local services and wider community 6 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ resources. EPEC has been independently rated as an effective, low cost parenting programme (EiF, 2016, AIFS, 2015). ## **Impact** - Improved parenting and family resilience through teaching well-evidenced parenting strategies and methods. - Greater understanding of managing family stress. - Increased social capital and employability through training parent group facilitators. As with our other group work we had to suspend face to face group work due to the CoVid 19 pandemic. We have worked hard to adapt the programme to delivery online and were able to continue to deliver both the Being a Parent and Being a Parent of a Child with Autism programmes. The Autism course has proved to be particularly popular and using an online evening delivery has also meant that more parents are able to attend. |Numberparents attendingBeinga Parent|23| |---|---| |Number of parents attending Being a Parent of a
Child with Autism|41| ## **Financial Help for Families** More families suffered from financial issues over the last year with some work being furloughed and others losing employment. We were able to help through two schemes. 1. We were pleased to be chosen to be the delivery partner for Bedfordshire and Luton Community Foundation Surviving Winter appeal and gave out £4000 in grants to families to help with fuel bills and warm clothing and bedding. 2. We also gained a grant from Home-Start UK to give away £1045 of goods, toys and caring bags to families. ## **Volunteers** This year has been a difficult year for everybody and we are therefore very grateful for the selflessness of our volunteers who have given them time to help others. Some volunteers have had to rest from their role over the year though as they had other responsibilities such as home schooling children or were unwell themselves. Others were less comfortable giving phone support and preferred to wait until we are able to return to home visiting. ## **Volunteer training** Volunteers are at the very heart of our service delivery. We adapted the Preparation Course to be delivered online and ran two courses. This year we recruited and trained a further **19** volunteers (7 home visiting and 12 SEND Parent Mentors). Over 20/21 |Over 20/21|| |---|---| |No of volunteers in Central Beds|76| |No of volunteers in Luton|25| |No of SEND volunteers|12| 7 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ **TOTAL 118** Our volunteers come from a wide range of social, educational and employment backgrounds. They are also from different age groups and cultures. Many use volunteering as a way into work or education particularly in the fields of social care, nursing and midwifery. We usually provide a placement each year to a BSc Social Work student from the University of Bedfordshire but this year have not been able to due to CoVid19. Our volunteers attend a 24 hour Preparation Course before being placed with families which includes training on safeguarding, domestic abuse, confidentiality and equal opportunities and also attend a mandatory yearly safeguarding update and ongoing training. They complete diary sheets after each visit and have 6-8 weekly supervision with a paid Co-ordinator. There are regular ongoing training sessions throughout the year both in house and also from outside speakers. ## **Training** We have had a full training programme this year both as a way of ensuring a professional service and also to keep our volunteers engaged and to feel a part of the Home-Start community. All of the sessions have been delivered online. We have particularly focused on Special Educational Needs and Disabilities and we have had a variety of outside speakers. Our training has included talks from the Sexual Assault Referral Centre, an Own My Life taster session, Dyslexia and Autism and Puberty. We have been grateful for some small training grants which have enabled us to be able to offer a number of training sessions on Autism and also Suicide Awareness. Our thanks to our volunteers without whom there would be no Home-Start. ## **FINANCIAL REVIEW** ## **Financial Review** We have been able to maintain funding from contracts and grants to continue our main projects. In addition we have been able to add in other services, specifically around helping families and children through the pandemic. This has been possible through grants and donations from businesses and the public. These funding streams have also enabled us to be able to distribute fuel grants such as through the Bedfordshire and Luton Community Foundation Surviving Winter project and other goods to benefit families in financial need. Our running costs such as staff and volunteer mileage expenses have been greatly reduced due to not being able to travel as a result of the pandemic which has added to our reserves. We also have the Helping Hands projects on hold at the moment until we are able to return to going into schools. Donations for this project are being held until that time. ## **Reserves policy** The Trustees have considered the likely risks to the charity over the year and have designated reserves of £250,000 as last year in order that the charity may be able to continue to operate or to wind down if appropriate. These include twelve months operating expenditure, pension fund deficit on closure, redundancy payments, equipment replacement and rent and relocation costs if it was necessary to move our premises. 8 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ ## **Plans for the future** We are fortunate to keep our core funding for the coming year from the Central Bedfordshire Council. They have also continued the funding for EPEC. BBC Children in Need grant will come to an end in January and further work will be funded from reserves. We continue to seek other sources of income to improve the sustainability of our funding and to finance new projects to meet the needs identified in the community. With the likelihood of a financial depression in the future, due to Coronavirus, there is uncertainty as to the impact this will have on our funding and the way we can continue our work. We are fortunate in having sufficient reserves to help us through this difficult time. The work of HSCB would not be possible without the generous support of organisations, trusts and individuals in giving grants, money, quilts, toys and necessary items for our families in need to whom we are very grateful. A special thank you to our wonderful volunteers who donated both time and expenses. ## **Future Plans and Risks** Our main risk is from the current COVID-19 pandemic. As yet the long term financial impact for us as a charity is unknown. We also anticipate that the numbers of families requiring support will increase as we come out of the pandemic and that families who were already vulnerable have become more vulnerable. On the positive side we have been able to innovate and adapt and have learned new ways of working that are successful and increase accessibility. We will continue to look for new effective ways to help families as we move forward. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT REFERENCE AND ADMINISTRATIVE DETAILS** ## **Structure and Governance** HSCB is a company limited by guarantee governed by its Memorandum and Articles of Association dated 5[th] April 2005 (amended 9 June 2015). Including the activities of its predecessor organisation HSBC has been delivering family support services since its launch in 1984. The members of the Board of Trustees of the Charity during the year ended 31[st] March 2021 were: Sue Fuchter Chair Enid Miller Treasurer Alison Kelly Patricia Marchbank Alison Packer Peter Raza All of the Trustees of the Charity are also directors of the charity and their responsibilities include all the responsibilities of directors under the Companies Acts and of Trustees under the Charities Act. 9 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ Day to day management of the charity is delegated to the Chief Executive Linda Johnson ## **Company Secretary** Linda Johnson ## **Staff during the year ending March 2021** ## **Staff** ## **Role** ## **Additional responsibilities** Linda Johnson Chief Executive Janine Henderson Co-ordinator Luton Clare Diggins Co-ordinator Mid Beds Colette Fletcher EPEC Annette Brown Co-ordinator South Beds Margaret McShane Administrator Own My Life /Brighter Start Co-ordinator South Beds Own My Life Co-ordinator South Beds ## **Reference and Administrative details** ## **Registered Company Number:** 5414484 (Registered in England and Wales) ## **Registered Charity Number** 1109262 **Registered Office** The Annexe, Downside Neighbourhood Centre, Oakwood Ave., Dunstable LU5 4AS ## **Independent Examiner** BW Wilson Chartered Accountant 4 Saturn Close Leighton Buzzard LU7 3UU ## **Bankers** CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Cambridge and Counties Bank Charnwood Court New Walk Leicester LE1 6TE Shawbrook Bank Ltd. Nationwide Building Society 10 **HOME-START CENTRAL BEDFORDSHIRE** ## **REPORT OF THE TRUSTEES For the Year Ended 31 March 2021** ________________________________________________________________________________________________ Lutea House Warley Hill Business Park The Drive Great Warley Brentwood Essex CM13 3BE Kings Park Road Moulton Park Northampton NN3 6NW Hampshire Trust Bank 55 Bishopsgate London EC2N 3AS 11 A coinparty liimited by gua12ntee Coinpany Registration Niimbcr.. 05414484 Registered Charity Nuii)ber'. 1509202 HOM&START CENTRAI, BEDFORDSIIIRC Report of tlie'frustees Uii8udited Financl81 Statements YeAr Endeil 31 Mai'ch 2021 HOME-START CENTRAL BEDFORDSHJRE IA compgny limited by guai'antee) REPORT AND FIIY ANCEAL STATEMENTS Ye￿r ended 31 Maich 2021 COIYTEI NTS P#g¢ Tmstee5' 1"epoit Independent ￿a[nine7 s report Statenient of financial aciiviiies J3al2tJee sl)ect Notes to the financial slateJnent8 HOME-START CENTRAL BEDIIORDSEIIRE IA company limited by guarantee) TRUSTF,F..8' REPOR'I. Year endt,d 31 Mai-eli 2021 Refereiicc and administrative dttg11$ The I￿Ste¢S of Homc-start Central Bedfordshire piEsent theii. ieporl and financial stateiJ)ents for thc year cndcd 31 Marcli 2021. Tlie accounts liavc been piiparcd in accordance witli tIIc Teconiinendalions of tlie Sialejiient of Recommcnded Practice 2005-Accounling and Reporiillg by Cliarilies ISORP 2005) iii accordance with applicable laws. a￿leerS 2nd profes$lonal advisers Tru$tees sei'viiiE durithg tlie yeai. aiid since tlie year end were as folloivs Mi"5 S E fiichter Mrs A Kelly MIE P A Mar¢hb3nk MIE E M Miller Mrs A M Pack￿. Mr P Raza L'S T Dunn (resigned 22 May 2020) Seci'etary and adniinistration Mrs L Johnson 'rhe Annexc Downside iNeighbourhood Ccntre Dunstable LU5 4AS Banker5 CAF Bank l.imited 25 Kings Hill Avenue Ksngs Hill WESt Malling Keni MF.19 4JQ canibi.idge & Counties Bank ChaiTrwood Court New Walk Leicestd. LF_16TL Hampsliire Trll%t Bank 55 Bisknop5gate London EC2N 3AS Nalionwjde Building Society One Threadneedle Street l.ondo EC2R 8AW Sllawbi￿0k Bank Lutea House Warley Hill Busit]ess Park The Diivt, Great Warley Bi'entwood CM13 3BI.. Indepcrtdtnt ¢%aminer B W Wilson A¢couiilaiit 4 Satiirn Close LeigSiton Buzzaiyl LU73UU HOME-START CLI NTRAL BEDFIORDSHIRE (A companv limited by guarantee) TRUS'fF.ES' RLIPORT (¢oii¢liiued) Y¢ar endLd 31 NIaJ'eh 2021 Structui'e? guvernanee and management Tlie Cliai'ilable Company is cojitrolled by ihe board of trustees withiii the temis of tlie governing document, a deed of tnist snd constiknites a cornp8ny li1￿1t¢d by guaranitt undei" Il)e lei'ms of MemoEandum and Articles of Association of 5 April 2005 (as aiiiended 9 Jllne 2015). r)8y to day ii)aiiagemenl is the LE5ponsibility of die Cliief Executive. Rlsk Assessment and m8nageThctLt The trustees review the niajor risks to which the Chai'ity is expo%ed and ensw'e that the appropi'iate conti'ols al'e ill place to pix>vide Irasonable assiirallce againsi fraud errol.. Ai'eas reviewcd include.. Lease of preIiJises. 0￿1CC equipmeiit and furniture Staff and redundancy costs Contract Telationsliips In5urable i'isks, irtcluding public liability, employer's liability atsd PTopcity coi)t¢nts Pi'ecautions against the possibility ol'dishoiiesty. ObJ¢ctlves xnd activltles Ch#rÉtable objects ,Safeguard, proieci and pi'eserye the good liealth. botii mental and physical of cliildren and parents of childien,. P&'evenl cnjelty to or Ellalti'eatment of childi'en., Relieve %1¢knes5, poverty and need anioiigst cliildr¢n and parents of cliildren. Proniote the education of the public in better slandaTds of childcare within in tlie attas of Bedford81iire, Luton and Milton Keynes Aehlevement And performgnee Chai'ltAble activities The COLE activity for the year re￿￿]ned tlJaL of making avatlable our trained and supetvised volunteei's to give fTee, non- judgetnental and confideniial suppoit to families in theii. homes. IlinancTal review We have been able to maintairt funding froin contraels and grants to continue our projects. In addition we112ve been able to add in othei services, specifi¢ally around l)cli)ing fainilies and children througli the partdeiiiit. This lias beett possiblc thinugli giBnts and danations frorn b115inesses and tlie piiblic. These tunding streains I￿ve also enabled us to be able 10 disli'ibule tuel graiils such as through the Bedfoi'dshire and Luton Coinmurtity Foundation Suryivill8 Winter pIDject and oih¢i' gouds to bcnefit familles in finaticial need. Our n]nning ¢o%tS 8u¢h as stsff attd volunleei. mileage expenses Iiave been greatly reduced due to not being able to h2vel as a result ofilie pandeinic wliicli 1188 added lo our reserves. We also liavc the Flelping Hand.s PTojccls on hold at tli¢ iiioiiient until wtt are able to i'¢￿rn to going into schools. Donations foi. tliis projecl are beirtgy lield uiitil tlMt lime. Income foi. the year totalled £238,393 {2020.. £193,283) and expenditure £182.332 (2020.. £194,633) rcsuliing in a suiylus of £56.061 {2020.. deficit £1,350) HOME-START CENTRAL BE¢ DliOIiDSIIIIIC {A conip2ny Ilnjited by Eual'antee) TRUSTEES> REPORT leorttliiued) Year ended J l Msrch Z021 Reserves policy The Tiustee% have considered the likely risks to Ilie chal'ity Ov￿. ti)t yeai. and liave dcsignated IE5erves of £250,000 as last yeai" ID ol'der Iliat the cliiDceduirs undertaken do not pi'ovIde all Ilie eviden¢e that would be required in an audit and ton5equently no opinion is given as to whet]ier the accounts pi'escnt a 'true and fail. view, and Ilie report is limited to ttiose matters set out in the statement below. Independ¢nt examiner's stgtement Jn Connection witti my examination, no matter lias come to my atlenlion.. 111 wliicli gives tne i'easonable cause to believe that in any material rc5pect tlic requireinents.. to keep ac¢ounting recoixis in ac¢oi'dance with.%ection 386 of tlie Coinpaiiit5 Act 2006. and to prepaie accouiits wliicli accord widi Ilie aceounting i'ecords, eomply with tlie accollniing reqiiireincnts of section 396 of die Coimpanies Act 2006 and with thc metliods and pi'inciples of tlie Statenient of Recommended Practice.. Accounttng artd RepoTlin8 by Chai"itl¢S have not been mer: or (21 to wliicli, in niy opinion, attentioll sliould k drawn in order to cnable a proper understanding of the accounts to be reached. B W Wilson A¢¢ountant 4 Satujll Close Leigliton Buzzard Bedfoi"dshiLE LU7 3UU Oi 021 HOML-STARI" cfl NTRAL BF,DFORDSHIRE (A company limited by guarantee) S'I'ATl¢ MEN'r or FINAIYCIAL ACTIVJTIES Year ended 31 Mai'tli 2021 2021 2020 Unrestricted Reslricl fvrtds funds Total funds Tot21 funds Note INCOMING RESOUR(:FS Incorning resources fi'uThi generAted funds Voluntaiy in¢tsine 5nvesiment inconie 152,428 2,854 235,539 2,854 189,059 4.224 TotAI Iticoniing re$ollrces 155.282 83,111 238,393 193.283 RESOURCES EXPENDED ChAritabl¢ activitie5 Family supporL Govei'nancc cosis 95,769 3,452 178,880 3.452 189,577 5,056 Tot#l resources cxpend¢d 99,221 182,332 194.633 Net TDtoimtng12020-outgoing) re50urtes aiid nioven)ent in funds 56.061 50,061 (1,3501 Re¢onclliatiOll of funds Total funds biy)iight foiwaiyj 367,865 367,865 369.215 Total fund5 cxrried foi'ivArd 423.926 423,926 367.865 HOIMTr.-STAR'f LLI N'fRAL BEDFORDSHIRE IA coiijyany Ilmrted by gllar&ntee) BALANCF. SHEL'I. JI Mai-£lJ 2021 2021 Total funds 2020 Unrestricted Restricted nds funds funds Note FIXED ASSETS CURRENT ASSETS Dcbtoi'.% and p￿pay￿e11tS Cash at baijk in hajid 90 439,583 90 459,604 3,312 387,002 20,021 439,673 20,021 459,694 390.3 14 CREDITORS.. Amounts falling due within one year (15.7471 (20.0211 (35,7681 {22,4491 NET CURRENT AS.SF.'rs 423,926 423.926 367,865 TOTAL A.8.8ETS LESS CURRENT LIABILITIES 423,926 423,926 367.865 NET ASSETS 423,926 423,926 367,865 FUNDS Unr&strictcd filnds 423.926 367,865 423.926 367,865 The charitable company is cntitled to excmption froin audit under s477 of tlie Companies Act 2006 foT tlie year ¢nded 31 Mairli 2021. Thc mumbei's have not rcquii'¢d the charitable coinpany to obtain an audit of its financial stk)t¢ments for thc yeaT ended 31 March 2021. in accordance witli s476 of Ilie Conipanie8 Act 2006. The trust¢e5 acknowledge tli¢ii' responsibilities for (al Ensuring tliat the conipany keeps accounting records that comply with s380 and s387 of ihe Companies Aet 2006 and., Prepartng financial statements which give a tnie and fail. view of the stale of affairs of tlie charitable company as at tlie end of Ilie finaiicial ycai. and of its sui'plus oi. deficit for eA¢h fillancial yeai. in accordan¢e witli the J'cquiiimenls of s394 and $395 and which othenvise comply wEtJi the reqLIIIEmenls of the Cotnpanies A¢i 2006 relalinE to financial stateineniq, so fai. a% applicablc to Ilic c112rital?le coniparty. Ib) Tliese financial statenienls have been prepared a¢cerdance willi tli¢ si)ecial pjovisions 0£P￿1 15 of tjie Con)panies Act 2006 rclating to small cliaritahle tomi)anies and Ilie Financial Repoi-ling Siandairf for Smaller F.nlities leffeelive Ai)I'il 20081. The financial stateinellts were approved by the BoaTd ofTnistces on 20 October 2021 and weTe signed on its behalf by.. Mrs E M Millei. HONI IF s'fART CENTRAL BEDfoRDSHIRE IA Cortipany liniited by Ryargntee) NO'I'ES TO THE FINANCIAL STATEMLNTS Year elided 31 Mai'cli 2021 Status of Chai'itablo Conipany The Cliai'itHble Coinpany is liimitcd by guarantee. Each imembei of the company has iindeilaken to ¢onlribute up to £1 to the Cl)arity Conipany's a55ets sliould il be wound up. Aceount5n% polieies Accounting conveiition ie finan¢i31 slaieiiieJL8 have bcen prepared undei. Ilie hisloiical cosi convenlioji and in accoi'danee wsth applicable acctsunling standards, Ihe Loinpanies Act 200() hnd tlie Staiement ol Re¢oInmend¥d PrJctice 'Accounling dnd RepoTting by Chaiities" issued in Ivldrch 2005 (SORP 2005). Inconiing rc5nuire8 Inconiiiig resourLes are included in tlie Statetneni of FinanLial Aetivitieb when tlie Cliarilgble Company is legally entitled to the illeome #nd the atnouni c￿1 be qutsntified with rea80nable accui'acy. Donated tacilities al'e included ai the value to tlie Cliaritable Cotnpany where Illi& can be quantified and a tl)ird pariy is bcai.ing tlie ¢ost. Grnnt income and ￿alit$ for expeDscs air rccogni%ed in the Statemeni of Financial Activities 3nd income 8nd expenditurc 4Lccount in the ye￿. in ivliicli t]iey al-e receivable. R&%ource% expended All expcndituie Js 8¢eouTited for on an accruals basis and has becn classified undcT headings that aggregate all costs related to the calegoiy. Wliere costs cannot be directly attributed to parii¢ul2r Iieadings, tliey liave been appoi'lioned lo activitics on a basis of time spettt. Support Costs tliose costs InCUTred dircctly in Support of expendiwre on tlie objects of the Charitable Company and include an appropi.iate apportlOAnient of manageinent oV￿￿ead5. Governan¢¢ costs Govemallce Clksts comprise all costs involving the publie actounlability of the Cliarity and ils coinpliance wi i'egulaiioll and good practice. niese ¢osls include costs an allocation i"elating to supporl costs. Fusid accounting Unrestricted funds are Iho%e fi]nds wliicli may be used ￿WardS Ineeting tlie obje¢tives of the Charitable Company at the discretiun of the Tjvstces. Restricted lunds are funds which ale to he used in accordance with specific reslriclions illiposed by donors or wliich l)ave been raised by the CliaTiiable CoiDpany foT particular PULyoqes. The costs of raising and adininislering 5UtI) ftind5 are ¢liai'ged #gainst tlie specific fund. nie aini aiid use of L'e5tiicied fi]nds is set out in the notes to tlie financial siateiiients. Pension costs 'rhe Chaiitablc Company operates a defined conti'ibution pcnsioi) sclicme. Contributionb payable to the ch￿ilable CoJi)pany's pcnsioll s¢h¢me and are charged to the Statemejit of Cliariiable Activities in the pei'iod to which they relatc. Tangible fixed assets Dcpreciation i81)rovided at tile following annual l'ate in order to write off cach assei over ifs estijnaled usetul Offlce furniture and equipment IOO/o on cost FIOML-START CENTRAL BEDFORDSHIRC IA conip#ny limitcd by guarant¢el N()I'&..S TO I'IIE FINANLIAL STATEMENTS {contlnuedl Yeai- ended 31 Mgrch 2021 Aeeollnt5ng policies {eontintEed) Taxation Tlie Cliaritable Company, a% a Icgi%tered Lliarity, is not liable to taxation. The Charitabl¢ Comparty cannot recover value added lax, and Ihe expendiluie where applicable 1.% Illei'efoi'e included gross of the related value added lax. Interest IELeJvable Intercst on deposit attd other accounts 15 allocated io income ill the yeai. in which it is receivable. Investmellt income 2021 2020 Bank illterest 2,854 4,224 4 Tru5tee5 remmneratlon And beneflts There were no trusiees, Jemuneration or other tenefits for the yeai. ended 31 Nlar¢h 202112020.. nil) T￿s￿e$ wcre I￿lmburSed expertse5 incui'red during the year. 5 Stgff costs 2021 2020 Wages and salaries Othcr pen%ion costs 111,268 9,287 108,025 8,403 120,555 116,428 HOME-START CEI NTIiAL BEI DfiORDSHIRL IA compaiiy limited by guai'antee) NOTES TO'I'HF, FIiYANCIAL S'I'AI'b MLNTS (contiiiuod) Year ended 31 M#i'Lh 2021 6 1,-lyed gssets Offjce furniture & equipikiellt Cost At l Api'il 2020 Additiot]s 14,205 At 31 Marcli 2021 14,205 Depi'etiation At l Api'il 2020 Char8e foT year 14,205 At 31 March 2021 14.205 Net book value at 31 March 2021 Ntt book value at 31 Marth 2020 7 Debtors: amounts fglllng due Ivithin one year 2021 2020 Prcpayments 90 3,312 8 Credttor5: aniount$ falllng due within one year 2021 2020 Payroll tax¢s (PAYE & NIC) Grants piepaid Othcr creditors 11,8331 11,6001 120.0211 {16,9501 (13,914) (3.899) 135,768) 122,449) HOME-START CE4 NTRAL BEDf4ORDSHiiir IA compAny Irmited by guarantee) NOTE.S TO THE PINANC.IAI. STATTr'MCI INIS {contirtued) Year elided 31 March 2021 Movement in funds At l April 2020 Net At i)ioveL)ient 31 Ivfarclj 2021 In year Unrestrieted funds General fund 367,865 56,061 423,926 Restricted funds Incotning Resour¢es R¢soiiires expcnd¢d Movemcnt in yeai. BBC ChildiEn it] Need- Lutoii BBC ChildiEn In Need- Booster Grant Beds & Luton CF Surviving Winter Pattcrn aianging EPEC BLCF ￿?￿r8 22,671 3,000 4,324 9,266 40,000 3,850 22,671 3.000 4.324 9,266 40,000 3,850 10 Pension commitnients The ¢ornpany paTlicipates In tlie scheme {'I'PT Retii"eineni Solulions-The Gi'owth Plan), a multi-employer sehenie which provide5 benefits to some 950 non-a5sociated parii¢ipatiiig ernploycrs. The schenic is a d¢fined bei)efJt s¢lieJne irt tlie UK. li is not Possible for the eom]Ydny 10 obtain sufficient inf0m￿tIOn lo cnable it to accouni for Ihe scheine as a defined benefit 5clienie. I'hercEore it aCCOUllls foi. the scljenie as a defjiied ¢ontribution schcme. The Sch￿1)e is subject to the funding legislation oiitlined in the Pensions Act 2004 ivhich catne inlo force on 30 Dcccinher 2005. Tlii.%. together witli doLuinenls ISSLied by Ilie Pensions Regulator and Teclillical AC￿arIal Stand8Tds issued by the FinaD¢ial RepoTliJg Council, set out the fi'amewoi'k foi funding defined bejiefit occupatIortal p¢1151011 schemes in the UK. The stlieine Is ¢las5ified as a'laS1_n￿n standing an￿gernent'. Thei"efore the company is potentially liable foi. othei. pai'licipatijig employers, obligations if those employcr5 air unable to meet their slitre of tlie sclieiiie deficii (ollowing withdrawal froin tlie scheine. Paiticipatiiig einployers ￿'e legally i'eqiiired (o Iiieei their sliare of the sclienie deficit on an anrtuity PUT¢hase basis on withdrawal fiom tlic scliem¢. HOMTr.START CF,NTRAL BEDFORDSHIRE {A ¢oinp¥ny Ilmited by guai'aDtee) NOTF.S I'O THE FINANCIAL STATEMENI TS (contlnued) Yeai. ended 31 Mai'ch 2021 10 Pensloii coniniitmenls (eontinued) A full actuarial valuation for tlic sclienie was eaiTied out at 30 SeptenTrber 2017. T]ii5 valuation showed assets of £794.9ni, liabilitics of £926.4IM a deficit (Jf £131.5rn. To eliminalc tlii5 funding shortfall, Ihc Trustee has asked tlie pai1icipating employers to pay addiLional contributions to the s¢lieAne as lollows.. Deficit contriblltions From l April 2019 to 31 January 2025.. JD/o each on 1st April) £11,243,000 per annwn (payable monthly and increasing by Unlcss a concessiort lias been auired witli Ihe TrLlStee the temi to 31 January 2025 applies. Note tliai Ihe sclieme's previous valiiation wa8 ca￿Led out willi an effeclive dale of 30 SeplembeT 2014. This valiiation showcd assets of £793.4ni, liabiliiies of £969.9in and a deficit of £176.5m. To eliniinate tliis fiinding slioj'tfall, tlie Tiustee has asked the participating employ￿8 tu pay addilioIial contributions to the sclieine as follows.. Deficit coniributions Froin l Api'il 2016 to 30 september 2025.. £12.945,440 per annu by 3Q/o each on I st Api'il) (payJbl¢ mollthly and increasing Frotn l April 2016 10 30 Septeniher 2028.. £54,560 per allnum by 3 /0 ea¢h Oll 1st Api'il) The recovery plan contributions are allocated to ea¢li participati￿g employer in line with their estimated shal'e of Ilie SeTies l and Stries 2 scheine liabilities. {payable monthly and increasing Where Ihc s¢h¢me is in defieit aijd wlitre the company has agreed to a deficii funding ai'rangemenl the conipany recognises a liability for tliis obligation. Tlie all)ounl recogDised is the n¢t prc%cnt vallle of the deficit redu¢tioii contiibutions payuble undei. Ihe a81'eeinent tl)at relates to the deficit. The preseiit value is calculal¢vide Irasonable assiirallce againsi fraud errol.. Ai'eas reviewcd include.. Lease of preIiJises. 0￿1CC equipmeiit and furniture Staff and redundancy costs Contract Telationsliips In5urable i'isks, irtcluding public liability, employer's liability atsd PTopcity coi)t¢nts Pi'ecautions against the possibility ol'dishoiiesty. ObJ¢ctlves xnd activltles Ch#rÉtable objects ,Safeguard, proieci and pi'eserye the good liealth. botii mental and physical of cliildren and parents of childien,. P&'evenl cnjelty to or Ellalti'eatment of childi'en., Relieve %1¢knes5, poverty and need anioiigst cliildr¢n and parents of cliildren. Proniote the education of the public in better slandaTds of childcare within in tlie attas of Bedford81iire, Luton and Milton Keynes Aehlevement And performgnee Chai'ltAble activities The COLE activity for the year re￿￿]ned tlJaL of making avatlable our trained and supetvised volunteei's to give fTee, non- judgetnental and confideniial suppoit to families in theii. homes. IlinancTal review We have been able to maintairt funding froin contraels and grants to continue our projects. In addition we112ve been able to add in othei services, specifi¢ally around l)cli)ing fainilies and children througli the partdeiiiit. This lias beett possiblc thinugli giBnts and danations frorn b115inesses and tlie piiblic. These tunding streains I￿ve also enabled us to be able 10 disli'ibule tuel graiils such as through the Bedfoi'dshire and Luton Coinmurtity Foundation Suryivill8 Winter pIDject and oih¢i' gouds to bcnefit familles in finaticial need. Our n]nning ¢o%tS 8u¢h as stsff attd volunleei. mileage expenses Iiave been greatly reduced due to not being able to h2vel as a result ofilie pandeinic wliicli 1188 added lo our reserves. We also liavc the Flelping Hand.s PTojccls on hold at tli¢ iiioiiient until wtt are able to i'¢￿rn to going into schools. Donations foi. tliis projecl are beirtgy lield uiitil tlMt lime. Income foi. the year totalled £238,393 {2020.. £193,283) and expenditure £182.332 (2020.. £194,633) rcsuliing in a suiylus of £56.061 {2020.. deficit £1,350) HOME-START CENTRAL BE¢ DliOIiDSIIIIIC {A conip2ny Ilnjited by Eual'antee) TRUSTEES> REPORT leorttliiued) Year ended J l Msrch Z021 Reserves policy The Tiustee% have considered the likely risks to Ilie chal'ity Ov￿. ti)t yeai. and liave dcsignated IE5erves of £250,000 as last yeai" ID ol'der Iliat the cliiDceduirs undertaken do not pi'ovIde all Ilie eviden¢e that would be required in an audit and ton5equently no opinion is given as to whet]ier the accounts pi'escnt a 'true and fail. view, and Ilie report is limited to ttiose matters set out in the statement below. Independ¢nt examiner's stgtement Jn Connection witti my examination, no matter lias come to my atlenlion.. 111 wliicli gives tne i'easonable cause to believe that in any material rc5pect tlic requireinents.. to keep ac¢ounting recoixis in ac¢oi'dance with.%ection 386 of tlie Coinpaiiit5 Act 2006. and to prepaie accouiits wliicli accord widi Ilie aceounting i'ecords, eomply with tlie accollniing reqiiireincnts of section 396 of die Coimpanies Act 2006 and with thc metliods and pi'inciples of tlie Statenient of Recommended Practice.. Accounttng artd RepoTlin8 by Chai"itl¢S have not been mer: or (21 to wliicli, in niy opinion, attentioll sliould k drawn in order to cnable a proper understanding of the accounts to be reached. B W Wilson A¢¢ountant 4 Satujll Close Leigliton Buzzard Bedfoi"dshiLE LU7 3UU Oi 021 HOML-STARI" cfl NTRAL BF,DFORDSHIRE (A company limited by guarantee) S'I'ATl¢ MEN'r or FINAIYCIAL ACTIVJTIES Year ended 31 Mai'tli 2021 2021 2020 Unrestricted Reslricl fvrtds funds Total funds Tot21 funds Note INCOMING RESOUR(:FS Incorning resources fi'uThi generAted funds Voluntaiy in¢tsine 5nvesiment inconie 152,428 2,854 235,539 2,854 189,059 4.224 TotAI Iticoniing re$ollrces 155.282 83,111 238,393 193.283 RESOURCES EXPENDED ChAritabl¢ activitie5 Family supporL Govei'nancc cosis 95,769 3,452 178,880 3.452 189,577 5,056 Tot#l resources cxpend¢d 99,221 182,332 194.633 Net TDtoimtng12020-outgoing) re50urtes aiid nioven)ent in funds 56.061 50,061 (1,3501 Re¢onclliatiOll of funds Total funds biy)iight foiwaiyj 367,865 367,865 369.215 Total fund5 cxrried foi'ivArd 423.926 423,926 367.865 HOIMTr.-STAR'f LLI N'fRAL BEDFORDSHIRE IA coiijyany Ilmrted by gllar&ntee) BALANCF. SHEL'I. JI Mai-£lJ 2021 2021 Total funds 2020 Unrestricted Restricted nds funds funds Note FIXED ASSETS CURRENT ASSETS Dcbtoi'.% and p￿pay￿e11tS Cash at baijk in hajid 90 439,583 90 459,604 3,312 387,002 20,021 439,673 20,021 459,694 390.3 14 CREDITORS.. Amounts falling due within one year (15.7471 (20.0211 (35,7681 {22,4491 NET CURRENT AS.SF.'rs 423,926 423.926 367,865 TOTAL A.8.8ETS LESS CURRENT LIABILITIES 423,926 423,926 367.865 NET ASSETS 423,926 423,926 367,865 FUNDS Unr&strictcd filnds 423.926 367,865 423.926 367,865 The charitable company is cntitled to excmption froin audit under s477 of tlie Companies Act 2006 foT tlie year ¢nded 31 Mairli 2021. Thc mumbei's have not rcquii'¢d the charitable coinpany to obtain an audit of its financial stk)t¢ments for thc yeaT ended 31 March 2021. in accordance witli s476 of Ilie Conipanie8 Act 2006. The trust¢e5 acknowledge tli¢ii' responsibilities for (al Ensuring tliat the conipany keeps accounting records that comply with s380 and s387 of ihe Companies Aet 2006 and., Prepartng financial statements which give a tnie and fail. view of the stale of affairs of tlie charitable company as at tlie end of Ilie finaiicial ycai. and of its sui'plus oi. deficit for eA¢h fillancial yeai. in accordan¢e witli the J'cquiiimenls of s394 and $395 and which othenvise comply wEtJi the reqLIIIEmenls of the Cotnpanies A¢i 2006 relalinE to financial stateineniq, so fai. a% applicablc to Ilic c112rital?le coniparty. Ib) Tliese financial statenienls have been prepared a¢cerdance willi tli¢ si)ecial pjovisions 0£P￿1 15 of tjie Con)panies Act 2006 rclating to small cliaritahle tomi)anies and Ilie Financial Repoi-ling Siandairf for Smaller F.nlities leffeelive Ai)I'il 20081. The financial stateinellts were approved by the BoaTd ofTnistces on 20 October 2021 and weTe signed on its behalf by.. Mrs E M Millei. HONI IF s'fART CENTRAL BEDfoRDSHIRE IA Cortipany liniited by Ryargntee) NO'I'ES TO THE FINANCIAL STATEMLNTS Year elided 31 Mai'cli 2021 Status of Chai'itablo Conipany The Cliai'itHble Coinpany is liimitcd by guarantee. Each imembei of the company has iindeilaken to ¢onlribute up to £1 to the Cl)arity Conipany's a55ets sliould il be wound up. Aceount5n% polieies Accounting conveiition ie finan¢i31 slaieiiieJL8 have bcen prepared undei. Ilie hisloiical cosi convenlioji and in accoi'danee wsth applicable acctsunling standards, Ihe Loinpanies Act 200() hnd tlie Staiement ol Re¢oInmend¥d PrJctice 'Accounling dnd RepoTting by Chaiities" issued in Ivldrch 2005 (SORP 2005). Inconiing rc5nuire8 Inconiiiig resourLes are included in tlie Statetneni of FinanLial Aetivitieb when tlie Cliarilgble Company is legally entitled to the illeome #nd the atnouni c￿1 be qutsntified with rea80nable accui'acy. Donated tacilities al'e included ai the value to tlie Cliaritable Cotnpany where Illi& can be quantified and a tl)ird pariy is bcai.ing tlie ¢ost. Grnnt income and ￿alit$ for expeDscs air rccogni%ed in the Statemeni of Financial Activities 3nd income 8nd expenditurc 4Lccount in the ye￿. in ivliicli t]iey al-e receivable. R&%ource% expended All expcndituie Js 8¢eouTited for on an accruals basis and has becn classified undcT headings that aggregate all costs related to the calegoiy. Wliere costs cannot be directly attributed to parii¢ul2r Iieadings, tliey liave been appoi'lioned lo activitics on a basis of time spettt. Support Costs tliose costs InCUTred dircctly in Support of expendiwre on tlie objects of the Charitable Company and include an appropi.iate apportlOAnient of manageinent oV￿￿ead5. Governan¢¢ costs Govemallce Clksts comprise all costs involving the publie actounlability of the Cliarity and ils coinpliance wi i'egulaiioll and good practice. niese ¢osls include costs an allocation i"elating to supporl costs. Fusid accounting Unrestricted funds are Iho%e fi]nds wliicli may be used ￿WardS Ineeting tlie obje¢tives of the Charitable Company at the discretiun of the Tjvstces. Restricted lunds are funds which ale to he used in accordance with specific reslriclions illiposed by donors or wliich l)ave been raised by the CliaTiiable CoiDpany foT particular PULyoqes. The costs of raising and adininislering 5UtI) ftind5 are ¢liai'ged #gainst tlie specific fund. nie aini aiid use of L'e5tiicied fi]nds is set out in the notes to tlie financial siateiiients. Pension costs 'rhe Chaiitablc Company operates a defined conti'ibution pcnsioi) sclicme. Contributionb payable to the ch￿ilable CoJi)pany's pcnsioll s¢h¢me and are charged to the Statemejit of Cliariiable Activities in the pei'iod to which they relatc. Tangible fixed assets Dcpreciation i81)rovided at tile following annual l'ate in order to write off cach assei over ifs estijnaled usetul Offlce furniture and equipment IOO/o on cost FIOML-START CENTRAL BEDFORDSHIRC IA conip#ny limitcd by guarant¢el N()I'&..S TO I'IIE FINANLIAL STATEMENTS {contlnuedl Yeai- ended 31 Mgrch 2021 Aeeollnt5ng policies {eontintEed) Taxation Tlie Cliaritable Company, a% a Icgi%tered Lliarity, is not liable to taxation. The Charitabl¢ Comparty cannot recover value added lax, and Ihe expendiluie where applicable 1.% Illei'efoi'e included gross of the related value added lax. Interest IELeJvable Intercst on deposit attd other accounts 15 allocated io income ill the yeai. in which it is receivable. Investmellt income 2021 2020 Bank illterest 2,854 4,224 4 Tru5tee5 remmneratlon And beneflts There were no trusiees, Jemuneration or other tenefits for the yeai. ended 31 Nlar¢h 202112020.. nil) T￿s￿e$ wcre I￿lmburSed expertse5 incui'red during the year. 5 Stgff costs 2021 2020 Wages and salaries Othcr pen%ion costs 111,268 9,287 108,025 8,403 120,555 116,428 HOME-START CEI NTIiAL BEI DfiORDSHIRL IA compaiiy limited by guai'antee) NOTES TO'I'HF, FIiYANCIAL S'I'AI'b MLNTS (contiiiuod) Year ended 31 M#i'Lh 2021 6 1,-lyed gssets Offjce furniture & equipikiellt Cost At l Api'il 2020 Additiot]s 14,205 At 31 Marcli 2021 14,205 Depi'etiation At l Api'il 2020 Char8e foT year 14,205 At 31 March 2021 14.205 Net book value at 31 March 2021 Ntt book value at 31 Marth 2020 7 Debtors: amounts fglllng due Ivithin one year 2021 2020 Prcpayments 90 3,312 8 Credttor5: aniount$ falllng due within one year 2021 2020 Payroll tax¢s (PAYE & NIC) Grants piepaid Othcr creditors 11,8331 11,6001 120.0211 {16,9501 (13,914) (3.899) 135,768) 122,449) HOME-START CE4 NTRAL BEDf4ORDSHiiir IA compAny Irmited by guarantee) NOTE.S TO THE PINANC.IAI. STATTr'MCI INIS {contirtued) Year elided 31 March 2021 Movement in funds At l April 2020 Net At i)ioveL)ient 31 Ivfarclj 2021 In year Unrestrieted funds General fund 367,865 56,061 423,926 Restricted funds Incotning Resour¢es R¢soiiires expcnd¢d Movemcnt in yeai. BBC ChildiEn it] Need- Lutoii BBC ChildiEn In Need- Booster Grant Beds & Luton CF Surviving Winter Pattcrn aianging EPEC BLCF ￿?￿r8 22,671 3,000 4,324 9,266 40,000 3,850 22,671 3.000 4.324 9,266 40,000 3,850 10 Pension commitnients The ¢ornpany paTlicipates In tlie scheme {'I'PT Retii"eineni Solulions-The Gi'owth Plan), a multi-employer sehenie which provide5 benefits to some 950 non-a5sociated parii¢ipatiiig ernploycrs. The schenic is a d¢fined bei)efJt s¢lieJne irt tlie UK. li is not Possible for the eom]Ydny 10 obtain sufficient inf0m￿tIOn lo cnable it to accouni for Ihe scheine as a defined benefit 5clienie. I'hercEore it aCCOUllls foi. the scljenie as a defjiied ¢ontribution schcme. The Sch￿1)e is subject to the funding legislation oiitlined in the Pensions Act 2004 ivhich catne inlo force on 30 Dcccinher 2005. Tlii.%. together witli doLuinenls ISSLied by Ilie Pensions Regulator and Teclillical AC￿arIal Stand8Tds issued by the FinaD¢ial RepoTliJg Council, set out the fi'amewoi'k foi funding defined bejiefit occupatIortal p¢1151011 schemes in the UK. The stlieine Is ¢las5ified as a'laS1_n￿n standing an￿gernent'. Thei"efore the company is potentially liable foi. othei. pai'licipatijig employers, obligations if those employcr5 air unable to meet their slitre of tlie sclieiiie deficii (ollowing withdrawal froin tlie scheine. Paiticipatiiig einployers ￿'e legally i'eqiiired (o Iiieei their sliare of the sclienie deficit on an anrtuity PUT¢hase basis on withdrawal fiom tlic scliem¢. HOMTr.START CF,NTRAL BEDFORDSHIRE {A ¢oinp¥ny Ilmited by guai'aDtee) NOTF.S I'O THE FINANCIAL STATEMENI TS (contlnued) Yeai. ended 31 Mai'ch 2021 10 Pensloii coniniitmenls (eontinued) A full actuarial valuation for tlic sclienie was eaiTied out at 30 SeptenTrber 2017. T]ii5 valuation showed assets of £794.9ni, liabilitics of £926.4IM a deficit (Jf £131.5rn. To eliminalc tlii5 funding shortfall, Ihc Trustee has asked tlie pai1icipating employers to pay addiLional contributions to the s¢lieAne as lollows.. Deficit contriblltions From l April 2019 to 31 January 2025.. JD/o each on 1st April) £11,243,000 per annwn (payable monthly and increasing by Unlcss a concessiort lias been auired witli Ihe TrLlStee the temi to 31 January 2025 applies. Note tliai Ihe sclieme's previous valiiation wa8 ca￿Led out willi an effeclive dale of 30 SeplembeT 2014. This valiiation showcd assets of £793.4ni, liabiliiies of £969.9in and a deficit of £176.5m. To eliniinate tliis fiinding slioj'tfall, tlie Tiustee has asked the participating employ￿8 tu pay addilioIial contributions to the sclieine as follows.. Deficit coniributions Froin l Api'il 2016 to 30 september 2025.. £12.945,440 per annu by 3Q/o each on I st Api'il) (payJbl¢ mollthly and increasing Frotn l April 2016 10 30 Septeniher 2028.. £54,560 per allnum by 3 /0 ea¢h Oll 1st Api'il) The recovery plan contributions are allocated to ea¢li participati￿g employer in line with their estimated shal'e of Ilie SeTies l and Stries 2 scheine liabilities. {payable monthly and increasing Where Ihc s¢h¢me is in defieit aijd wlitre the company has agreed to a deficii funding ai'rangemenl the conipany recognises a liability for tliis obligation. Tlie all)ounl recogDised is the n¢t prc%cnt vallle of the deficit redu¢tioii contiibutions payuble undei. Ihe a81'eeinent tl)at relates to the deficit. The preseiit value is calculal¢