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2022-03-31-accounts

Charity number: 1109550 Company number: 05379764

Home-Start Barnet

(A company limited by guarantee)

Trustees’ report and financial statements For the year ended 31 March 2022

1

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

Contents For the year ended 31 March 2022

Page
Legal and administrative information 3
Trustees report 4-10
Independent examiners’ report 11
Statement of financial activities 12
Balance sheet 13
Statement of cash flows 14
Notes to the financial statement 15-22

2

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

Reference and administrative information

Charity number 1109550
Company Registration number 05379764
Business and registered office Avenue House
Stephen’s House and Gardens
East End Road
N3 3QE
Patron Martin H. C. Russell, FCT, Deputy Lieutenant of Greater London
Representative Deputy Lieutenant for the London Borough of Barnet
Trustees Julia Roberts
Raphael Harris FCA
Kirit Amin MBA (Resigned on 14/06/2021)
Christina Bach
Ahmed Shaheer Shahriar
Daksha Chauhan Keys
Reena Thakrar
Company Secretary Guljabeen Rahman
Accountant Accountability Europe Limited
Omnibus Workspace, 39-41 North Road
London
N7 9DP
Bankers Unity Trust Bank Plc
Four Brindley place
Birmingham
B1 2JB
Santander Bank Plc
21 Prescott Street
London
E1 8AD
Barclays Bank Plc
1250 High Road
Whetstone
London
N20 0PB

3

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

The Directors present their report and accounts of the company for the year ended 31 March 2022.

Structure and governance

Home-Start Barnet was incorporated as a company registered by guarantee on 1st March 2005. The guarantee of each member is limited to £1 in the event of the company being wound up. The governing document is the Memorandum and Articles of Association, and the Trustees are the Directors.

Trustees

The Directors of the company are also charity Trustees for the purpose of charity law and, under the Company's Articles, are known as members of the Management Committee. All Trustees must be members of Home-Start Barnet.

Under the Memorandum and Articles of Association, the Trustees may appoint any duly qualified person as a Trustee. Trustees shall hold office for three years and should resign at the end of their term of office. A retiring Trustee shall be eligible for re-appointment for a further two terms of three years. No Trustees should serve for more than three terms of three years.

During the year two new Trustees, Daksha Chauhan-Keys and Reena Thakrar, were appointed. One Trustee, Kirit Amin, resigned. The board would like to thank him for all his hard work over the years.

Trustees are sought in a variety of ways, which include recommendation from existing Trustees, staff and supporters. When seeking new Trustees, the Board carefully considers what skills and expertise are desired to support the ongoing development of the charity and, to that end, seek people with the relevant experience and expertise.

Potential Trustees are scrutinised by a senior officer of the charity and are subject to interview by the Chair and Vice Chair.

New Trustees undertake an induction programme with the Chairperson and the CEO of the charity. This includes a tour of the offices and an overview of the operations of the charity. Further training is available to the Trustees through Home-Start UK, which also provides a comprehensive "Trustees Recruitment and Induction Pack".

Full Board of Trustee meetings are held at least four times per year to review and agree major areas of policy and operation. Staff members are invited to attend Trustee meetings to give an update on the achievements during the last period. The annual AGM is held in November to which all stakeholders are invited.

In addition to the Trustee meetings, sub-groups are formed as and when necessary, calling on the relevant skills of Board members to contribute and have oversight of the specific issue. Once a year there is a longterm strategy meeting.

Day to day responsibility for the running of the charity rests with the Chief Executive Officer (CEO). The CEO is responsible for operating within the framework of policies, to forward plan and budget to ensure the charity delivers the services specified in the Strategic Plan and achieves its key performance indicators. The CEO is responsible for supervision of the staff team and ensuring that staff and the scheme volunteers continue to develop their skills and working procedures in line with best practice.

4

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

Related Parties

Home-Start Barnet is an independent charitable company affiliated to Home-Start UK, the national umbrella organisation for Home-Start schemes. Consequently, Home-Start Barnet has signed up to a national Home-Start agreement and works to the national organisation's standards and methods of practice. As an affiliated scheme, Home-Start Barnet benefits from the umbrella organisations' expertise and advice as regards new legislation, regulations and internal control procedures, and its Trustees, staff and volunteers are able to take advantage of comprehensive training courses. Home-Start UK also helps us to maintain processes that operate in accordance with best practice through their Quality Assurance Programme.

Risk Assessment

Home-Start Barnet operates a risk register which is regularly reviewed by the Trustees at Board meetings. The Board of Trustees has reviewed the major risks to which Home-Start Barnet is exposed and is satisfied that systems have been and are being established to mitigate these risks.

The charity continually reviews its detailed procedures and policies to ensure that they are consistent with those best practices identified and documented by Home-Start UK. In addition, it continues to focus on the following key aspects:

Objectives and Activities

Home-Start Barnet's mission is to support vulnerable families living in the London boroughs of Barnet, Brent, Enfield and Harrow who are experiencing difficulties, to help promote a safer, happier and healthier life for their children. We deliver this support with the aid of trained volunteers who give their time to offer a combination of practical and emotional support to the parents.

Our volunteers visit families in their own homes so that the dignity and identity of the parents and children is protected, the individual needs of the family can be met, and the parents’ strengths are supported and encouraged.

As part of our holistic approach to parenting we provide additional and alternative support including:

5

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

Our model is informal and flexible, meeting the needs of the culturally diverse communities we serve across Barnet, Brent, Enfield and Harrow. We work in partnership with statutory agencies and other organisations, receiving referrals from Social Care, Health Visitors, Midwifery, Children's Centres, GPs, Education, Community organisations and the families themselves.

We achieve this with a core of 4 full-time and 16 part-time staff including the CEO and a network of approximately 160 volunteers who work in line with the quality assurance standards and methods of practice as governed by Home-Start UK.

Achievements and Performance Family Support

Volunteering Highlights

We are an Investing in Volunteering (IiV) accredited organisation:

6

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

Health First Aid. Links and invites to volunteer training resources were provided through the regular volunteer newsletter, as well as wellbeing resources and HSUK tips for parents’ videos.

Staff Development

We continued as an Investing in People (IiP) accredited organisation. Training undertaken by staff members this year included:

Financial Review

The Charity had £630,457 (2021 - £622,263) income from all sources this year, and a surplus of £49,388 (2021 - surplus of £14,813). This is explained further in our Financial Statements on pages 12. The Charity now has total funds of £137,102 (2021 - £87,714). As a result, our reserves represent 3 months’ activity. The Trustees and CEO shall continue to endeavour to secure funding into the next financial year to provide the security deserved by our staff and the families we support.

Principal Funding Sources

We continue to support our work using a mixture of funding sources including:

Home-Start Barnet could not function effectively without the fundraising efforts and in-kind support provided by so many of our supporters and partners. We are particularly grateful to:

7

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

Reserves Policy

The Trustees regularly review the requirement to maintain reserves having regard to the main operational risks faced by Home-Start Barnet. As a result of this review, the Trustees concluded that a minimum reserve, equivalent to three months costs should be maintained. In addition, the Trustees asked the CEO to monitor this requirement, and agreed that, should circumstances change, a temporary reduction in the minimum reserve required can be put in place until the next Trustee Board meeting. Capital commitments agreed by Home Start Barnet at 31 March 2022 were nil (2020 - Nil).

Investment Policy

Any funds not readily needed are transferred to an interest-bearing account. These funds are closely monitored. As interest rates are at an all-time low the Charity's revenue from this source are negligible. The Trustees believe that low risk investments best suit the organisation.

Future Plans

The charity plans to continue the activities outlined above in the forthcoming years, subject to satisfactory funding arrangements. This has proved to be a very challenging year in terms of finances and staff resources. Therefore, plans for the year end March 2023 will focus on the following priorities:

Organisational Resilience:

Partnerships and Engagement:

8

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

represented and visible across networks and forums in each borough.

Efficiency and Effectiveness in Service Delivery

Public benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's objectives and activities in planning future activities. It is the judgement of the Trustees that activities in pursuit of the above objectives fully met the public benefit test, which they have kept in mind in planning programme for the charity.

Trustees' Responsibilities Statement

The Trustees (who are also directors of Home-Start Barnet for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

9

Home-Start Barnet Trustees’ annual report For the year ended 31 March 2022

In so far as the Trustees are aware:

Small company provisions

This report has been prepared in accordance with the special provision for small companies under Part 15 of the Companies Act 2006.

Accountants

Accountability Europe Limited have been appointed as independent examiner.

This report was approved by the Board of Trustees on 5[th] September 2022 and signed on its behalf by:

..............................................................

Julia Roberts - Chair of Home-Start Barnet

10

Home-Start Barnet Independent Examiner’s Report For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of Home-Start Barnet for the year ended 31 March 2022.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER’S STATEMENT

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

………………………

Aamer Shehzad FCCA ACA

Accountability Europe Ltd Omnibus Workspace, 39-41 North Road London N7 9DP Date: 23/01/2023

11

Home-Start Barnet

(A company limited by guarantee)

Statement of financial activities For the year ended 31 March 2022

Note
Income from:
Donations and legacies
3
Charitable activities - Grants
4
Investment income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
7
Net income / (expenditure) for the year
8
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
£
11,740
166,404
12		 Restricted
£
452,301		 2022
Total
£
11,740
618,705
12
630,457
581,069
-
581,069
49,388
87,714
137,102		 2021
Total
£
16,506
605,737
20
178,156 452,301 622,263
206,730 374,339 607,450
206,730 374,339 607,450
(28,574)
66,580		 77,962
21,134		 14,813
72,901
38,006 99,096 87,714

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

12

Home-Start Barnet Balance sheet

As at 31 March 2022

Note
Fixed assets:
11
Current assets:
12
Liabilities:
13
15
Restricted funds
Unrestricted funds:
Total funds
Tangible assets
Funds
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
Net current assets / (liabilities)
Total net assets / (liabilities)		 2022
£
29,367
111,545		 2022
£
6,678
130,424		 2021
£
8,478
140,847		 2021
£
6,619
81,095
140,912
(10,488)		 149,325
(68,230)
137,102 87,714
99,096
38,006		 21,134
66,580
137,102 87,714

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

The financial statements have been prepared in accordance with the special provisions applicable to Companies subject to the small companies regime.

Approved by the trustees on 16 January 2023

and signed on their behalf by:

Julia Roberts (Chair of Home-Start Barnet)

Company registration no. 05379764

The attached notes form part of the financial statements.

13

Home-Start Barnet Statement of cash flows As at 31 March 2022

Reconciliation of net income to net cash flow from operating activities

Note
Net cash provided by (used in) operating activities
Cash and cash equivalents at the end of the year
Net income (expenditure) for the reporting period
(as per the statement of financial activities)
Depreciation charges
Decrease (Increase) in debtors
Increase / (Decrease) in creditors
Cash flows from operating activities
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Purchase of fixed assets
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year		 2022
£
49,388
1,670
(20,889)
(57,742)		 2021
£
14,813
1,254
53,015
9,162
(27,573) 78,244
2022
£
(27,573)
(1,729)		 2021
£
78,244
(4,260)
(29,302)
140,847		 73,984
66,863
111,545 140,847

14

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2022

1 Accounting policies Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102) and the Companies Act 2006.

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

Company Status

Home-Start Barnet is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required, but not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year alter he or she ceases to be a member. The members of the company are the trustees (directors) named on page 1 of these financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

15

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2022

Accounting policies (continued)

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows'.

Fixtures and fittings 25% per annum reducing balance basis Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation costs are allocated to activities on the basis ofthe use ofthe related assets in those activities.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

16

Notes to the financial statements For the year ended 31 March 2022

Home-Start Barnet

2
Detailed comparatives for the statement of financial activities
2021
Unrestricted
£
Income from:
Donations and legacies
9,473
Charitable activities
15,346
Investments
20
Total income
24,839
Expenditure on:
Charitable activities
23,660
Total expenditure
23,660
Net income / expenditure
1,179
Transfers between funds
-
Net movement in funds
1,179
Total funds brought forward
65,401
Total funds carried forward
66,580
3
Income from donations and legacies
Unrestricted
Restricted
£
£
Donations & Fundraising
11,740
-
11,740
-		 2
Detailed comparatives for the statement of financial activities
2021
Unrestricted
£
Income from:
Donations and legacies
9,473
Charitable activities
15,346
Investments
20
Total income
24,839
Expenditure on:
Charitable activities
23,660
Total expenditure
23,660
Net income / expenditure
1,179
Transfers between funds
-
Net movement in funds
1,179
Total funds brought forward
65,401
Total funds carried forward
66,580
3
Income from donations and legacies
Unrestricted
Restricted
£
£
Donations & Fundraising
11,740
-
11,740
-		 2
Detailed comparatives for the statement of financial activities
2021
Unrestricted
£
Income from:
Donations and legacies
9,473
Charitable activities
15,346
Investments
20
Total income
24,839
Expenditure on:
Charitable activities
23,660
Total expenditure
23,660
Net income / expenditure
1,179
Transfers between funds
-
Net movement in funds
1,179
Total funds brought forward
65,401
Total funds carried forward
66,580
3
Income from donations and legacies
Unrestricted
Restricted
£
£
Donations & Fundraising
11,740
-
11,740
-		 2021
Restricted
£
7,033
590,391
-		 2021
Total
£
16,506
605,737
20
24,839
23,660		 597,424
583,790		 622,263
607,450
23,660 583,790 607,450
1,179 13,634 14,813
- - -
1,179
65,401		 13,634
7,500		 14,813
72,901
66,580 21,134 87,714
Restricted
£
-		 2022
Total
£
11,740		 2021
Total
£
16,506
11,740 - 11,740 16,506

17

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2022

4 Income from charitable activities

Income from charitable activities
Grants
London Borough of Barnet
CNWL Transformation Fund
BBC Children in Need
Postcode Society Trust
Pears Recovery Fund
John Lyon's Charity
Awards For All
LB Barnet Family Health
LB Barnet Perinatal Health
Hadley Trust
City of London
London Borough of Brent
Universities Student Placement
HSL Berkeley Homes
Garfield Weston
Pears Foundation and DCMS
Chattertotts
Barnet CIF
Other
Gift Aid
London Borough of Harrow
London Community Foundation
National Lottery Community Fund
Mayor's Fund
Total income from charitable activities		 Unrestricted
£
-
-
-
-
-
-
-
-
-
40,000
-
10,000
2,100
62,500
15,000
12,000
15,833
-
5,073
3,898
-
-
-
-		 Restricted
£
-
67,916
21,598
19,932
10,000
135,250
10,000
65,000
55,000
-
6,925
-
-
-
-
-
-
58,450
2,230
-
-
-
-
-		 2022
Total
£
-
67,916
21,598
19,932
10,000
135,250
10,000
65,000
55,000
40,000
6,925
10,000
2,100
62,500
15,000
12,000
15,833
58,450
7,303
3,898
-
-
-
-		 2021
Total
£
113,524
-
44,241
-
-
101,000
-
-
-
-
27,700
34,266
7,280
94,634
-
-
-
-
21,257
478
23,461
43,501
70,895
23,500
166,404 452,301 618,705 605,737

5 Income from investments

Income from investments
2022 2021
Unrestricted Restricted Total Total
£ £ £ £
Bank interest 12 - 12 20
12 - 12 20

18

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2022

7 Analysis of expenditure Current year

Salaries and oncosts
Staff training and other costs
Administrative costs
Projects cost
Volunteer training and other costs
Governance costs
Accountancy fees
Professional fees
Support costs
Total expenditure		 Charitable
Activities
£
477,698
-
-
15,853
-
-
-
-
493,551
87,519
581,069		 Support
costs
2022
Total
£
£
477,698
10,104
10,104
55,436
55,436
-
15,853
6,802
6,802
45
45
7,555
7,555
7,577
7,577
-
87,519
581,069
(87,519)
-
-
581,069		 2021
Total
£
499,697
13,513
58,555
7,223
9,609
442
9,766
8,645
607,450
-
607,450

Of the total expenditure, £206,730 was unrestricted (2021: £23,660) and £374,339 was restricted (2021: £583,790).

7a Analysis of expenditure Prior year

Salaries and oncosts
Staff training and other costs
Administrative costs
Events and outings
Projects cost
Volunteer training and other costs
Governance costs
Accountancy fees
Professional fees
Support costs
Total expenditure		 Charitable
Activities
£
480,657
-
-
-
9,609
-
-
-
490,266
117,185
607,451		 Support
costs
2021
Total
£
£
19,040
499,697
13,513
13,513
58,555
58,555
-
7,223
7,223
-
9,609
442
442
9,766
9,766
8,645
8,645
117,185
607,450
(117,185)
-
-
607,450		 2020
Total
£
438,386
17,870
70,053
6,682
435
6,324
441
9,224
10,167
559,583
-
559,583

19

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2022

This is stated after charging / (crediting):
Depreciation
9
Staff costs were as follows:
Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes
Other employee benefits
Analysis of staff costs, trustee remuneration and expenses,
and cost of key management personnel		 2022
£
1,670
2022
£
436,799
26,238
14,661
-
477,698		 2021
£
1,254
2021
£
433,611
32,444
14,602
19,040
499,697

No employee received employee benefits more than £60,000 during the year.

The total employee benefits including pension contributions of the key management personnel were £nil (2021: £nil).

The charity trustees were not paid or received any other benefits from employment with the Trust in the year (2021: £nil) neither were they reimbursed expenses during the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

Staff numbers

The average number of employees during the year was as follows:

2022 2021
No. No.
Charitable activities 15 18

10 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

20

Notes to the financial statements For the year ended 31 March 2022

Home-Start Barnet

11 Tangible fixed assets
Cost
At the start of the year
Additions in year
At the end of the year
Depreciation and impairment
At the start of the year
Charge for the year
At the end of the year
Net book value
At the end of the year
At the start of the year
All of the above assets are used for charitable purposes.
12 Debtors
Trade debtors
Accrued income
Prepayments
13 Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Accruals
Deferred income
Deferred income
Balance at the beginning of the year
Amount deferred in the year
Amount released to income in the year
Balance at the end of the year		 Fixtures
and fittings
£
9,078
1,729
10,807
2,459
1,670
4,129
6,678
6,619
2022
£
808
22,309
6,250
29,367
2022
£
6,468
2,508
1,512
-
10,488
2022
£
34,699
-
(34,699)
-		 Total
£
9,078
1,729
10,807
2,459
1,670
4,129
6,678
6,619
2021
£
2,449
-
6,029
8,478
2021
£
8,167
2,532
22,832
34,699
68,230
2021
£
9,381
34,699
(9,381)
34,699

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Home-Start Barnet Notes to the financial statements For the year ended 31 March 2022

14 Analysis of net assets between funds Current year

Current year
Tangible fixed assets
Net current assets
Net assets at the end of the year
Analysis of net assets between funds
prior year
Tangible fixed assets
Net current assets
Net assets at the end of the year
15 Movements in funds
Current year
Restricted funds:
Total restricted funds
Unrestricted funds
Total unrestricted funds
Total funds		 £
21,134
At the
start of
the year		 £
452,301
Income		 General
unrestricted
£
6,678
31,328		 Restricted
£
-
99,096
99,096
Restricted
£
-
21,134
21,134
£
-
-
-
-
Transfers		 Total
funds
£
6,678
130,424
38,006 137,102
General
unrestricted
£
6,619
59,961		 Total
funds
£
6,619
81,095
66,580 87,714
£
374,339
Expenditure		 £
-
99,096
At the
end of
the year
21,134 452,301 374,339 99,096
66,580 178,156 206,730 38,006
-
66,580 178,156 206,730 38,006
87,714 630,457 581,069 137,102

15 Movements in funds (Continued)

Movements in funds
Prior year
Restricted funds:
Total restricted funds
Unrestricted funds
Total unrestricted funds
Total funds		 65,401
At the
start of
the year		 24,839
Income		 23,660
Expenditure		 £
-
-
-
-
-
Transfers		 £
66,580
-
At the end
of the year
65,401 24,839 23,660 66,580
7500 597424 583790 21,134
7,500 597,424 583,790 21,134
72,901 622,263 607,450 87,714

17 Related party transactions

There are no related party transactions to disclose for 2022 (2021: none). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

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