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 2023 FOR HOME-START CENTRAL BEDFORDSHIRE** 1 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ 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 2023. 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 six session 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 2023** ________________________________________________________________________________________________ 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 - 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** Referrals for home visiting volunteers were fewer than normal, probably due to things still returning to normal after the pandemic. There have been a number of staff changes in other agencies over the year. This was concerning as we know that many families were struggling with anxiety and also the increased cost of living. However, we have worked hard to promote our service and we are slowly returning to a more typical level of referrals. We have a robust monitoring and evaluation system based on the Outcomes Star which tracks each family’s journey of change 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 mental ill health (child and parents) and managing children’s behaviour and parenting 3 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ children with SEND needs. 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. ## **What service users said:** My volunteer “has literally changed my life. I have never had support from another adult, she suggests things, offers advice and so much practical help. I love her honesty and how straightforward she is. She is a great source of support.” “I have loved S visiting, she’s been amazing… it feels like a family friend visiting, someone I can trust…I have never felt judged, she is just so lovely, she has made a such difference to our lives, so thankful for the support, having here when we did, to build my confidence up, ability to get ahead.” ## **At 31[st] March 2023:** ## **146 Central Bedfordshire families were referred for home visiting support.** 42 families had volunteer support 73 families received office support 31 families were waiting to be matched ## **40 families from Luton were referred for home visiting support At 31[st] March 2023** 8 families had volunteer support 32 families received office support We made the decision to close our Luton home visiting service when the current grant came to an end. This was due to not receiving many appropriate referrals and that there was a similar service starting up in Luton for families with young children. **The SEND Parent Mentor project** is a small 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. The project continues to grow in popularity and we have been unable to keep up with demand. Families are therefore waiting for a long time on the waiting list. However, we have been able to offer our Being a Parent of an Autistic Child course to some families while they are waiting. ## **What service users said:** My volunteer “was very helpful, gave me lots of websites and charities to find out information and courses to look at. She understood completely what it’s like being a parent to a child with adhd. I felt like I wasn’t alone and that others are in the same boat. We had a good laugh as well.” 4 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ “It was nice to talk to someone on a level who gets the day to day struggle, she was lovely, we got on really well, she was approachable and always easy to chat to, she followed up previous conversations, remembered what had been said, we made a connection.” ## **On 31[st] March 2023** ## **110 families were referred for support** 77 families were waiting for support 19 families had received volunteer support 14 had received office support ## **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 ## **Our response** Alongside our home visiting service for women and their children in Refuge and after leaving Refuge we also continued to deliver the Own My Life programme. ## **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. We continued to run the course online in an evening as women reported that this makes it more accessible. It enables women to join from all around the county, including those who are working during the day or have children. We ran three Own My Life courses between April 2022 and March 2023. **24 women** attended Own My Life. The women were parents to 38 children. Significant increases in emotional and physical health were reported. ## **What service users said:** 5 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ “The last 10 weeks have helped to build my courage, strength and determination to heal and continue on this journey and I feel really blessed to have been able to have been a part of it with you and the wonderful women who have also taken part over the weeks.” “The content of the course - the videos, the work we do together, the wide spectrum of topics covered, the way it is all approached. It is done with such care, imagination and wit for a topic so painful and dark for us all. It makes you realise you are not alone.” There was a need for new programme to replace Freedom Programme which Central Bedfordshire Council run. Women often move on from Freedom Programme to Own My Life. We were asked to be part of a group to write a new course “Rebuild” which has now been completed. ## Domestic Abuse Prevention Domestic abuse is endemic in society and we therefore feel it is important to look at prevention beginning with teaching children about healthy relationships. ## **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. We were really pleased to continue to run Helping Hands courses this year. We ran two courses in Dunstable and Leighton Buzzard primary schools. We are thankful to the Rotary Club of Sandy who funded a further four programmes in Sandy Primary schools. The schools choose the children they think would benefit the most from the programme. This has included children who have experienced domestic abuse at home, children who are living in difficult situations as well as children who have low self-esteem and confidence or struggle to manage their emotions. We have had a number of enquiries from other schools who are booked in from April. **40 children** took part in the Helping Hands programme. ## **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 6 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ completed accredited EPEC training and receive ongoing training, supervision and support to ensure safe, high quality, and effective practice. Parents attend eight 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 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. We have continued to deliver both the Being a Parent and Being a Parent of a Child with Autism programmes online as parents expressed that this made it more accessible. As Central Bedfordshire is a large area it is difficult to find a convenient place to run a face-to-face group. The Being a Parent of an Autistic Child course has proved to be particularly popular. Using an online evening delivery as well as daytime has also meant that more parents are able to attend without the need for childcare. |Numberparents attendingBeinga Parent|20| |---|---| |Number of parents attending Being a Parent of a
Child with Autism|42| |**TOTAL**|**62**| ## **What our service users said:** “Engaging with others going through similar experiences made me relax easier and therefor more open to learn and hear different techniques I could try. The fact it's run by people with lived experience adds to this also. Secondly, having other parents on there with me gave me lots of ideas I maybe hadn't tried yet to manage the challenging behaviours that my son presents” (Being a Parent of an Autistic Child) “The group leaders where very understanding and I felt they were not just teaching a course but helping to give a positive parenting experience through their own experiences which has helped me see/understand parenting a lot more and discover new ways to deal with a variety of challenges.” (Being a Parent) ## **Focus Group Facilitation** 7 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ We were asked by Central Bedfordshire Council to run seven Focus Groups as part of their consultation process for the new Family Information Directory. 28 people took part in this. 12 parents took part in two Focus Groups that we ran for Inspiring Music. ## **Child Poverty** The cost-of-living crisis this year has made life very difficult financially for many families. We have been busy passing on donations of clothes, toys and presents to families as well as use financial donations to be able to buy necessary goods such as bedding and blankets. We were particularly pleased to be able to buy a bike for a 7 year old boy who in the process of moving foster homes had his bike stolen. One of our families, where the father was recovering from a very serious illness, was also the recipient of a Magical Christmas donated by John Lewis which was much appreciated. Working in partnership with the Building Resilience in Families multi agency Panel in Dunstable we were also able to distribute supermarket vouchers to families in need. We are thankful to BT for donating a number of Chrome books for lending to families in need. ## **Volunteers** ## **Volunteer training** Volunteers are at the very heart of our service delivery. We ran a further 3 Preparation (induction) Courses, one online and two in person. This year a further **22** volunteers joined our team. |No of volunteers in Central Beds|82| |---|---| |No of volunteers in Luton|14| |No of SEND volunteers|9| |No of EPEC volunteers|9| |Own MyLife volunteer|1| |**TOTAL**|**115**| 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. 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 Coordinator. There are regular ongoing training sessions throughout the year both in house and also from outside speakers. 8 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ ## **Training** This year we have held a number of online sessions including Healthy Eating for Children and Being a Parent of a Child with Pathological Demand Avoidance. ## **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 with Central Bedfordshire Council for three of our projects. We do not know how long we will continue to be funded and have yearly contracts. Since our volunteer costs have not returned to pre pandemic levels as yet we have not spent as much as expected and therefore have very good reserves. However like all charities we are facing rising costs, particularly office costs such as energy. At the same time we are expecting demand for our services to grow as the economy weakens. Our contract funding continues to be delivered very late and we therefore need to be able to have money in reserve to cover this. We are very thankful for the kindness of individuals, groups and businesses which have enabled us to provide our other services and also to support with goods, clothing and food. ## **Reserves policy** The Trustees have considered the likely risks to the charity over the year and have designated reserves of £277,000 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 should be necessary to move our premises. ## **Plans for the future** We continue to seek other sources of income to improve the sustainability of our funding since we are heavily reliant on contracts with the local authority. However there has been no increase for many years. We are fortunate in having sufficient reserves to help us through this difficult time. We are investing money into an improvement of our systems to enable us to be more efficient and ensure the effective stewardship of our volunteers, donors and service users. This should also have a positive effect on our long term sustainability. The work of HSCB would not be possible without the generous support of organisations, trusts and individuals in giving grants, chrome books, quilts, toys and necessary items for our families in need to whom we are very grateful. 9 **HOME-START CENTRAL BEDFORDSHIRE** **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ 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 financial recession combined with increased operating costs. Recruiting volunteers is also becoming more difficult due to competition from both the voluntary and the statutory sectors. More people are working longer hours due to economic pressure and therefore have less time available. In order to make it easier for people to volunteer we are being more flexible in the delivery of the initial training and ongoing training courses. We will also be considering other ways that people may be able to give their time. As mentioned the financial recession is affecting many families. We will continue to work with other agencies in supporting those affected and to look for new ways to provide support as well as the tried and tested ways. ## **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 HSCB 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 2023 were: Sue Fuchter Chair Enid Miller Treasurer Patricia Marchbank Alison Packer Peter Raza Nigel Taylor 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. Day to day management of the charity is delegated to the Chief Executive Linda Johnson ## **Company Secretary** Linda Johnson 10 **HOME-START CENTRAL BEDFORDSHIRE** ## **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ ## **Staff during the year ending March 2023** |**Staff**|**Role**|**Additional responsibilities**| |---|---|---| |Linda Johnson|CEO|Own MyLife| |Janine Henderson|Coordinator South Beds|Coordinator Luton| |Clare Diggins|Coordinator Mid Beds|Own MyLife| |Colette Fletcher|EPEC|Coordinator South Beds| |Margaret McShane|Administrator|| ## **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. Lutea House Warley Hill Business Park The Drive Great Warley Brentwood Essex CM13 3BE Nationwide Building Society Kings Park Road Moulton Park Northampton NN3 6NW 11 **HOME-START CENTRAL BEDFORDSHIRE** ## **REPORT OF THE TRUSTEES For the Year Ended 31 March 2023** ________________________________________________________________________________________________ Hampshire Trust Bank 55 Bishopsgate London EC2N 3AS 12 Atotsjpally limit•Jby guarnitee Company Registsatioll Nwnw. 05414484 R¢wstrcredCharity Nwnber. 1109262 Rtport ufthe Trustees and Unalldlted FlnxDcial Statements Ye*rEDded 31 MardL 2023 HOMUTARTCKNfRAL BEDFORIISHIRE{A ¢omp4ny limited by gll￿tee) Ye8reDded 31 Mar¢lL 2023 P#ge HOhlE-START CEhTRALBEDFORDSHtRE (Aeompany lijolted by eu4faLtee) TRusTEFs¥i￿jrrY￿9r ended 31 MAJrb 2023 Reference dmllllstratAve detsl]s March 2￿23. 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The Charitsblc Company cannot r#overvaluc aikial ￿ a￿1 the eX￿dIt￿¢ whet¢ applicable is therefore iL¢luded ws$ of the rtlated value Int¢testre¢eivable 3 Illvt8tmtntfintome 2023 2022 4261 1,752 4 IlmJteeJ remllneratloll bettefits 5 Stsff ¢rots 2022 11fj048 103.489 &811 8.630 114,859 112,119 HomE￿rAir[ CKKfRALBEDFORDSIITrI {A co]llpaDylinrfted by %￿￿￿tte} NOTESTO THE FINANCIAL STATEMENTS Icontirlued) Yearendcd 31 imxreb 2023 6 FSxed Offiee rurnlture & tquipmeryt C05t At l Apn"12022 J4.205 At3J Marth 2023 14,205 Dtpreciatio At l Aprtl 2022 J4,205 Cbwforyear At 31 March 2023 14.205 E4et bookw￿lle *t3J Marth 2023 Net book vxlDe •t 31 Mtttth 2022 7 Debtor5: amrtunts fA]MllgdtsewithlD 04e yur 2023 2022 8 Crethtor8: *mounts hlling due within oneyur 2023 2022 PayToll ttses ￿AYE &NIQ Grz]Jts prcpid {1.661) 11530 (_) 118,559} (i J52) {9,1241 (3.0131 (29219) HOME-STAKI CEWlltAL BEDFORDSHIRE IA limitcd by gllwte¢) OIFS TO THE FThATriCIALKfATEMEFrrs lttlfftthiyed) Yur e4ded 31 2023 9 MovemeDtill funds At Net At l Awil D)vta¢nt 31 March 2023 Unrtstslcted fwids 454,593 41.829 49Q422 RtgJtii¢ted fund HelpingHary& Bed5 aud Lutott CF LutonProject Beds Po]i¢e. HelpiEkxHaEk Owrlmy tAfe CBC F￿￿8 Gro HS UKGrdnts 1050 1,519 i.otx) 495 7,835 4.990 2,050 1.519 495 7.835 4,990 17,889 17.889 10 PeTr5Eon egllunlttllettts Thecompanypthiciptes io th¢￿vr Re1]￿￿s0h[tlots-The GrO￿￿￿FI&ll-, llllJulti-eTDployers¢heme wbich provid¢5 beDEfits to some 638 nOry-&5yKi￿pBrttcjpty eIiJployws. The sthme is & definedbenefits¢lLeme u) thc U li isnotP05siI)le forthe cojupatsy ¢0 obtsiJ suffieient illfortDationfO enable it to ac¢ovrLt forthe sthetnc &% a dcfitsed Th¢ scheme j5sllbj￿I to the Iwslationoutlinedillthe PensioosA¢L2(X)4 whichcame into fot¢e ott 30 DeLeoxber2(M)5. Thi4 togethetwith i5wdby the Peusiolls RegulawraudTcthidActuarial Stslld3rd% issuedby the Fitiancial RcwtiDg C(RuKiL srttyjt the fr¥Jwvwk forknliDg dBfilled ￿ll¢fit rxcup8tiona] pension The s¢knerae 15 ¢S￿lEed&* a'last.])￿) staodiDg atrdngetneDV. Therekn the ¢ompaDy is P>tentiRlly liable for othttt icipating employet5' obligatiotts if those employu5 UDabl¢ ioffjertthwr sbare of the schelllle deficit foUowin8 withthawal from the s¢bcmL PartiCiP¥tsll8 employcrs gJ¢l¢8allyryLÉrtsl th meet their 5b8r¢of the s¢b¢tn¢ deficit tinatt Afuu tcti]aTidniuaiioL for th¢ thtne was Lwrityj out * 30 Septtmber2w2Q. This valuatiott slLowed assets of £8(K1.3rn, li￿111￿¢5 of £83l.9ma￿dXdefic1t of£31.6ryTo ejirninththis fitiJdiDgshortfaJL the Tn]stEe h&8 Lsked tILep￿l¢1pI1IDg employers to pay additioDai C(MthThUtio￿to thc S￿￿>$follOws.. HOME￿TART CEYL TRALBEDFORDSKtRE IA compAllyJimited byguawtee) NOTES TO TKE FINANCIAL STATEl￿NTs {tolltillued}Yt2reDdtd 31 Mrlrch 2023 10 PeDJlon COM￿ltments (c04tthtsed) A fijll a¢DJaTialvLhutioD forthe ￿ w•5 out at 30 sep￿￿E*r202o. Thisva]uatioti Showed us¢ts of£800.3m, liabilities of￿31.9￿ and adcficit of £31.6m. To elitDinatr this fi]udiDg shorth]L the Ttustee askedthe ptrticipating eJnployeTh to pay a(lJitio]Jal ￿￿trIb￿l0￿$ kn the 5clw¢as follows: Deficit colltrlutious Fri)m l Awl 2019 to 31 Jauwy 2025.. £3312.(XMltvannum (pyable monlbJy} Unless a conrugioll has been a￿￿edWAththe TnL*e th¢ tt4mto31 January2￿25 8ppiie& NotethatthBschcm¢'s pttvious•tskntiouwas¢*lliediNrtwith atte￿iVe date of 30 SepteuJber2017. This valuatiou showed of £794.M liabilities of £926.4rn 2Dd a dcO¢iiof £131.5llL To climittate thi% fiLDdillg shortfall, the frust¢e D¢ficitcontiibuTiotis From J Ap]il 2019 to 30 Sepi*nbtr2025.. £11243.(X)DFtraoD￿D (payablc moJth]y aDd iticttJstDg by 3% cach on 1st Awii} S*ies l Series 2 schEmelillbilitie& Where the schejne i5 indefi¢itwJdwhetE tbc COM￿ b&5 ave￿1 to ad¢￿11 fil￿1[￿8 aTThn8emcnl the company reco8nises a ]iabiitty forthis ob]igatiOJL Theomoullt￿(O￿ed is th¢net pteserltvdue of the d¢ficit rethjctson contrib1tioT￿ payabIeuodu the a8[r￿t ￿l￿e5 tothe d¢fi¢it The p￿sent va]lle is uicu18*d usiug the discouttt PRESEKfvAILTES OFPROVIStON 31 m￿th2o23 31 Matc& 2922 31 2021 £1( £ I￿1? Year ￿thD8 31 Mar¢b 2023 Ye2rethg 31 M8Tcb 2022 1,017 Deflell COllknl)utionpaid (95} 141 1257) 16) (500) 260 Pmisiots ateod of P￿0d HOME-START CENTRALBEDFOBDSHIJIE {AcoMp￿YjJrnitCd by gu￿￿teE} NOTES TO THE FINANCIAL STATEf+lE14TS (CODtinued)Yetrended 31 MareJL 2023 10 Pensioll Commit￿ents l£oDthiued) PcxMKIFAKliug31 M&dL 2023 P¢rirxlEDding31 M2tch 2022 tntertst expellse (4} 151K)) 7,784 8,042 ContTibutions wd in respectof futvtc setvice 8.014 8.611 'iryclwfcs definedconknlutiixL schem&s and fuknjtt sttvi¢e contrbt utbODS Ci.& ¢x¢h￿ID8 any d¢fi•t rduEtion pay￿ents) to ASSUtsIPIIONS 31 Mar¢h2023 31 Mltcb 2022 31 Marcb 2W21 RAteof discwjt 2.35 pkn wDtributiO]k* du4 v￿￿]d gÉve thc swll¢ r¢￿]￿ &5wng a fUUAACo4￿￿l%>lldY1t1d curveto discountthc5am¢ DEFICIT CO￿t￿T0￿s SCEJEDt)IE Yw¢JJthDg 31 Mztth 2023 31 MoT¢b2022 31 MJrth2021 Year I 95 257 Year2 y￿r3 95 265 273 Yw4 234 dis¢ountra* as a fjtsao¢¢ crEt in th¢petiod inwhKIL it ati%ts. It is these contrTh￿l¢nI thathave ugtslto de4]￿ th¢ bthnce shed Jiabijity. HOILIE￿￿ART CENrRALBEDF0RDSH￿ (A¢0mp￿Y limited by guarantrt) NOTES TO TBE InliANCIAL STATrMEYfs Icontillued) Ye4r ended 31 Mar¢lt 2023 IA Contkngent liability Sbould withdTawal from the ethployer p￿10￿ scbe4JJe tske plac4 the employet's shtre of the d¢fi¢it to be fimded would ¢￿￿ills& kn at 30 Septembu 2022 the ]iabiJity wouldbe £5,013.130 Septesnber 2021 £7.166) 12 Controlling 13 Comparyymmlted byguanntee HONfE4TART cENTRALBEDFoRDSH￿ (Acompany limited by guarn￿ttr) DETAILED STATEMENf oFFIN￿c1ALAcT[VTT￿ Year euded 31 Marth 2023 2023 2tr22 COMING JIISOTJRCF3 391 ,889 ,155 19JlO 14583 205298 4261 207.V50 103.489 8.630 1.180 9278 1.435 5J71 579 l49 334 159 144 8,187 SJ14 639 J91 I106 2,047 184A32 In￿12 r¢¢s 24 32 3.727 429 PQASSO fE¢&a 5thM(AGMrats) 4,371 18wi X76J83 Nitkn¢oknE 41 3Q667 Atotsjpally limit•Jby guarnitee Company Registsatioll Nwnw. 05414484 R¢wstrcredCharity Nwnber. 1109262 Rtport ufthe Trustees and Unalldlted FlnxDcial Statements Ye*rEDded 31 MardL 2023 HOMUTARTCKNfRAL BEDFORIISHIRE{A ¢omp4ny limited by gll￿tee) Ye8reDded 31 Mar¢lL 2023 P#ge HOhlE-START CEhTRALBEDFORDSHtRE (Aeompany lijolted by eu4faLtee) TRusTEFs¥i￿jrrY￿9r ended 31 MAJrb 2023 Reference dmllllstratAve detsl]s March 2￿23. The a¢¢wJts baye 袢D prepared itt accord￿ with therecomtDenthoDS of the Stalerneot of Offi¢eY8 aDd professioknal Adviltrs Mt5 S E Fucbttt 5 AKelly (rrsigoed 15mr2022) 5 PA MarchFADk EM MilLer MrPRa MrN CTaylor Sccretxry and Athinis￿l1o Mr5 LJohnw TheADuexe3 Dthjstable LU5 4AS Bxknkers CAF Bauk Li￿ltrA1 25 Kiw HsIIAvclluc Kings Hill Cambridge & CoutttiesBank KWJL 19 4JQ tEi 6fE Nationwide Building S(*1 55 Bi%bopsgate LoJJdott BC2N 3AS EC2R 8AW Shawbmok BEDk Lutea House Warlcy Hill Busillc%s Patk TheNexus Buildillg B¥oadvdy Sfj6 3TA Brclltwood CM13 3BE. IDdep*LdeDtexamin*r B Wwilson 4 SatUTn C105e HOME-START CETrrfRALBEDFORDSHIRE (Acompany limitsd by euarallteel TRusfEFS' IiipoJrr(¢onfinuedl Yearellded 31 M￿¢11 2023 Strnthr4 governance sDd The Charitable Cowy corytroliedby the ￿)￿d of t[￿$tea*with1ll the teTrnS of the governing dO¢um￿l a dcedof tnJ81 aud co￿%ti￿leS acompauy limitrd by8u&anteeull(krthe let[￿ of MerJ)rJndumandAnicles ofAssociation of 5 Aptii 2(K>5 arocDded 13 March 2015). Dayto day￿￿1]￿ isthe [rW￿ltsty oftheCbiefExtLlltih The tn]stee5 Tevi¢w the majorrisk8towknich the CThaTity b5 e7P)sed 8nd ensure thatthe apptwte coutroI8 a￿ ÉD p]ac¢ to provideTt8soJJablt assuADce a83illsi fraud arxletror.ATeas reviewed iticlude.. Colltsact reiatioDsbips Illsorable risk4 incltMIiDg public liability. t4Dplw's liabiity andprtyw contellts Objetho 8thYitsts Cbaritsble obje¢ts S&fr￿￿ protrd 8tsdpttstrve th￿K￿MIhe&ll￿bpth￿clltht aud phy31￿1 of ¢bildr¢ll 8J)dFweLts of PrDmOte the alucation of thepub]i¢ itt ￿$1811d1[￿ of childcate withill ill the of Be4fordsbir Achievement and trtrfornwiee ChaTit*ble activitses Th¢ ¢orc activity fortheYeatrt￿lI￿￿that0f makJDg avBiiAbk ourtraÉlledattdsupthvi8ti1 volittsteeIs to gtvc frec, Fkni*lleialReviÈw Specific dtiuxtiOELshllve bE th¢ charitable ¢o]Jyuy. These fi]Janci215tatcro¢nts have bE£llpf¢p8red ID accordatKewith th¢ 5pe¢ia] pJoYisions of Port 15 of thc Co]DpaDie5Arl 2006 relating to small cknitable COU￿8lli¢S alld the Fin8Dcial Rcpottillg StaTthrd for SmaIlerF￿titittS {effectivcApril 2008). Tr rjoanctal State￿¢￿tr￿￿e appm%*Jby the Bc¢rdofTnthees OJJ 9 Novernber 2023 attd Wtr¢SiBued OJJ its beha]f by.. MT5 E MMili¢r HOI4(&-STAirrcENfRALBEDFOIiDSHIRE (A¢omwy IlTrltedby guwtee) NOTES TOTHE FtNAl¥CIALmTEr￿Pfts Yw elld￿ 31 m￿ch 2023 I St*tus ofcharitable Comp2Dy The Charitable Cowy is ]imtted by8￿*￿tte. me4throf the compgsty b8% uT￿ett8￿¢n to coDtribul¢up to £1 toth¢ Charity Cojwy's #Sd3sI￿￿d1lbe wowylup. 2 Accounting polÈci£5 applicable xcouDtingstathd4 the Cowies Act 21N)6 and th¢ Si¥tuncDtof RxomTrxnded Practice -A¢cou4ting wjd RtWtill8 by Cbariti￿. i55ued ID 2Q)5 (SORP 2005). lllcthD]llg￿0U￿ Ir￿h￿a in the SiateJneDtofFillancidActivities whBll the Cknitsble CompaDyiB le8aUy entitled to the ir&ome aryd thcgmouotw be qu2ntified￿ith re&wnable accurncy. Donated facilitie5 8f¢ ujduded ot value to the Cbaritable Comp9r¢y wlKre this canbe quolltifjed and a tbitd paty is bearingthe GraDt illC4JrrteaLd ftK exrnarB rv4tiised tttthe Stat&nettt of FiLattciai A¢tiviti¢s ajjd income and osts related to the cate80ry. Wbct¢eosts ¢anDOt bedirectly attsibuted to partiGulorheading4 they bavebeeD arp)rtionrA to ￿1Vibr5 OD ofttoJ¢ st%nL Sumrt ¢osts ￿ those inLWtre41dir¢¢tly in of cxpBndi(uTr onthc obj￿ts of theCh￿Itab]e Goven)￿ce costs coTrpri5esll iDYoI&iDg theFwb]ic a£c(Kmtthi]ity of tbe ChBTityHlld its coJDp]iance with re8ulalionarLd SO￿lpractIce. Restricted fijtth 8te bJlldswhith4Trto k L8ed itiaceord￿ with wificrestr*¢tion8 Impos￿ by donors or whieb have bythe Cknitsble CoJJJpuy ￿tial)I[PUt￿￿e8. The ¢oBts of x8iSiQ8 attd adtDilliSterin8 such fi2ndsaTe ¢barged agai￿$Lthe spEcific The aim and ￿ of ￿StriCted fullth is 5etout in PcD5ion ¢os The (Jsritable ctyDpJoY￿ a thed ¢ontnTruti¢)rLpeD5ion scbeme. ConlTibutions p&y&bk to th Ch3titableCotllPaUy'S P￿LS]0￿5c￿elllc and are charyed to the StatEZllBlltof ChaTitableActiYiii¢s ill the￿10d to TaDgible fixed&wts ]ife. Ho￿￿E-START CEf4TBALBEDFORDSKtRE (AamipAllyllDJttedby g￿rntee1 NOTES TO THE FINANCL4L STATEMENTS IcontlDuedl Ye4r eLded 31 M*rth2023 2 Atcounfittg polleles (tonthjutdl Taxatioll The Cbarifable CoM]￿y. as art￿tered c]JBtity, is not ]iabktotaxation. The Charitsblc Company cannot r#overvaluc aikial ￿ a￿1 the eX￿dIt￿¢ whet¢ applicable is therefore iL¢luded ws$ of the rtlated value Int¢testre¢eivable 3 Illvt8tmtntfintome 2023 2022 4261 1,752 4 IlmJteeJ remllneratloll bettefits 5 Stsff ¢rots 2022 11fj048 103.489 &811 8.630 114,859 112,119 HomE￿rAir[ CKKfRALBEDFORDSIITrI {A co]llpaDylinrfted by %￿￿￿tte} NOTESTO THE FINANCIAL STATEMENTS Icontirlued) Yearendcd 31 imxreb 2023 6 FSxed Offiee rurnlture & tquipmeryt C05t At l Apn"12022 J4.205 At3J Marth 2023 14,205 Dtpreciatio At l Aprtl 2022 J4,205 Cbwforyear At 31 March 2023 14.205 E4et bookw￿lle *t3J Marth 2023 Net book vxlDe •t 31 Mtttth 2022 7 Debtor5: amrtunts fA]MllgdtsewithlD 04e yur 2023 2022 8 Crethtor8: *mounts hlling due within oneyur 2023 2022 PayToll ttses ￿AYE &NIQ Grz]Jts prcpid {1.661) 11530 (_) 118,559} (i J52) {9,1241 (3.0131 (29219) HOME-STAKI CEWlltAL BEDFORDSHIRE IA limitcd by gllwte¢) OIFS TO THE FThATriCIALKfATEMEFrrs lttlfftthiyed) Yur e4ded 31 2023 9 MovemeDtill funds At Net At l Awil D)vta¢nt 31 March 2023 Unrtstslcted fwids 454,593 41.829 49Q422 RtgJtii¢ted fund HelpingHary& Bed5 aud Lutott CF LutonProject Beds Po]i¢e. HelpiEkxHaEk Owrlmy tAfe CBC F￿￿8 Gro HS UKGrdnts 1050 1,519 i.otx) 495 7,835 4.990 2,050 1.519 495 7.835 4,990 17,889 17.889 10 PeTr5Eon egllunlttllettts Thecompanypthiciptes io th¢￿vr Re1]￿￿s0h[tlots-The GrO￿￿￿FI&ll-, llllJulti-eTDployers¢heme wbich provid¢5 beDEfits to some 638 nOry-&5yKi￿pBrttcjpty eIiJployws. The sthme is & definedbenefits¢lLeme u) thc U li isnotP05siI)le forthe cojupatsy ¢0 obtsiJ suffieient illfortDationfO enable it to ac¢ovrLt forthe sthetnc &% a dcfitsed Th¢ scheme j5sllbj￿I to the Iwslationoutlinedillthe PensioosA¢L2(X)4 whichcame into fot¢e ott 30 DeLeoxber2(M)5. Thi4 togethetwith i5wdby the Peusiolls RegulawraudTcthidActuarial Stslld3rd% issuedby the Fitiancial RcwtiDg C(RuKiL srttyjt the fr¥Jwvwk forknliDg dBfilled ￿ll¢fit rxcup8tiona] pension The s¢knerae 15 ¢S￿lEed&* a'last.])￿) staodiDg atrdngetneDV. Therekn the ¢ompaDy is P>tentiRlly liable for othttt icipating employet5' obligatiotts if those employu5 UDabl¢ ioffjertthwr sbare of the schelllle deficit foUowin8 withthawal from the s¢bcmL PartiCiP¥tsll8 employcrs gJ¢l¢8allyryLÉrtsl th meet their 5b8r¢of the s¢b¢tn¢ deficit tinatt Afuu tcti]aTidniuaiioL for th¢ thtne was Lwrityj out * 30 Septtmber2w2Q. This valuatiott slLowed assets of £8(K1.3rn, li￿111￿¢5 of £83l.9ma￿dXdefic1t of£31.6ryTo ejirninththis fitiJdiDgshortfaJL the Tn]stEe h&8 Lsked tILep￿l¢1pI1IDg employers to pay additioDai C(MthThUtio￿to thc S￿￿>$follOws.. HOME￿TART CEYL TRALBEDFORDSKtRE IA compAllyJimited byguawtee) NOTES TO TKE FINANCIAL STATEl￿NTs {tolltillued}Yt2reDdtd 31 Mrlrch 2023 10 PeDJlon COM￿ltments (c04tthtsed) A fijll a¢DJaTialvLhutioD forthe ￿ w•5 out at 30 sep￿￿E*r202o. Thisva]uatioti Showed us¢ts of£800.3m, liabilities of￿31.9￿ and adcficit of £31.6m. To elitDinatr this fi]udiDg shorth]L the Ttustee askedthe ptrticipating eJnployeTh to pay a(lJitio]Jal ￿￿trIb￿l0￿$ kn the 5clw¢as follows: Deficit colltrlutious Fri)m l Awl 2019 to 31 Jauwy 2025.. £3312.(XMltvannum (pyable monlbJy} Unless a conrugioll has been a￿￿edWAththe TnL*e th¢ tt4mto31 January2￿25 8ppiie& NotethatthBschcm¢'s pttvious•tskntiouwas¢*lliediNrtwith atte￿iVe date of 30 SepteuJber2017. This valuatiou showed of £794.M liabilities of £926.4rn 2Dd a dcO¢iiof £131.5llL To climittate thi% fiLDdillg shortfall, the frust¢e D¢ficitcontiibuTiotis From J Ap]il 2019 to 30 Sepi*nbtr2025.. £11243.(X)DFtraoD￿D (payablc moJth]y aDd iticttJstDg by 3% cach on 1st Awii} S*ies l Series 2 schEmelillbilitie& Where the schejne i5 indefi¢itwJdwhetE tbc COM￿ b&5 ave￿1 to ad¢￿11 fil￿1[￿8 aTThn8emcnl the company reco8nises a ]iabiitty forthis ob]igatiOJL Theomoullt￿(O￿ed is th¢net pteserltvdue of the d¢ficit rethjctson contrib1tioT￿ payabIeuodu the a8[r￿t ￿l￿e5 tothe d¢fi¢it The p￿sent va]lle is uicu18*d usiug the discouttt PRESEKfvAILTES OFPROVIStON 31 m￿th2o23 31 Matc& 2922 31 2021 £1( £ I￿1? Year ￿thD8 31 Mar¢b 2023 Ye2rethg 31 M8Tcb 2022 1,017 Deflell COllknl)utionpaid (95} 141 1257) 16) (500) 260 Pmisiots ateod of P￿0d HOME-START CENTRALBEDFOBDSHIJIE {AcoMp￿YjJrnitCd by gu￿￿teE} NOTES TO THE FINANCIAL STATEf+lE14TS (CODtinued)Yetrended 31 MareJL 2023 10 Pensioll Commit￿ents l£oDthiued) PcxMKIFAKliug31 M&dL 2023 P¢rirxlEDding31 M2tch 2022 tntertst expellse (4} 151K)) 7,784 8,042 ContTibutions wd in respectof futvtc setvice 8.014 8.611 'iryclwfcs definedconknlutiixL schem&s and fuknjtt sttvi¢e contrbt utbODS Ci.& ¢x¢h￿ID8 any d¢fi•t rduEtion pay￿ents) to ASSUtsIPIIONS 31 Mar¢h2023 31 Mltcb 2022 31 Marcb 2W21 RAteof discwjt 2.35 pkn wDtributiO]k* du4 v￿￿]d gÉve thc swll¢ r¢￿]￿ &5wng a fUUAACo4￿￿l%>lldY1t1d curveto discountthc5am¢ DEFICIT CO￿t￿T0￿s SCEJEDt)IE Yw¢JJthDg 31 Mztth 2023 31 MoT¢b2022 31 MJrth2021 Year I 95 257 Year2 y￿r3 95 265 273 Yw4 234 dis¢ountra* as a fjtsao¢¢ crEt in th¢petiod inwhKIL it ati%ts. It is these contrTh￿l¢nI thathave ugtslto de4]￿ th¢ bthnce shed Jiabijity. HOILIE￿￿ART CENrRALBEDF0RDSH￿ (A¢0mp￿Y limited by guarantrt) NOTES TO TBE InliANCIAL STATrMEYfs Icontillued) Ye4r ended 31 Mar¢lt 2023 IA Contkngent liability Sbould withdTawal from the ethployer p￿10￿ scbe4JJe tske plac4 the employet's shtre of the d¢fi¢it to be fimded would ¢￿￿ills& kn at 30 Septembu 2022 the ]iabiJity wouldbe £5,013.130 Septesnber 2021 £7.166) 12 Controlling 13 Comparyymmlted byguanntee HONfE4TART cENTRALBEDFoRDSH￿ (Acompany limited by guarn￿ttr) DETAILED STATEMENf oFFIN￿c1ALAcT[VTT￿ Year euded 31 Marth 2023 2023 2tr22 COMING JIISOTJRCF3 391 ,889 ,155 19JlO 14583 205298 4261 207.V50 103.489 8.630 1.180 9278 1.435 5J71 579 l49 334 159 144 8,187 SJ14 639 J91 I106 2,047 184A32 In￿12 r¢¢s 24 32 3.727 429 PQASSO fE¢&a 5thM(AGMrats) 4,371 18wi X76J83 Nitkn¢oknE 41 3Q667