2023-03-31-accounts - Home-Start Barnet

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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 2023

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

Contents For the year ended 31 March 2023

	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

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

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
	London
	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
	Christina Bach
	Ahmed Shaheer Shahriar
	Daksha Chauhan Keys (Resigned on 14/06/2022)
	Reena Thakrar (Resigned on 14/06/2022)
	Karen Gubbay (Appointed on 14/09/2022)
	Karen Lewis (Appointed on 14/09/2022)
	Janine Waterman (Appointed on 14/09/2022)
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
	Barclays Bank Plc
	Leicester
	LE87 2BB

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

The Directors present their report and accounts of the company for the year ended 31 March 2023.

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 three new Trustees, Karen Gubbay, Karen Lewis and Janine Waterman were appointed. Two Trustees, Daksha Chauhan-Keys and Reena Thakrar resigned. The board would like to thank them for all their hard work.

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 Chair and the CEO of the charity. This includes a tour of the offices and an overview of the operations of the charity. They are provided with all the necessary governance documents and handbooks, in addition to a comprehensive "Trustees Recruitment and Induction Pack". Further training is available to the Trustees through Home-Start UK.

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 volunteers continue to develop their skills and working procedures in line with best practice.

Related Parties

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

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 HomeStart 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 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:

Screening all new Trustees, staff and volunteers with the Disclosure and Barring Services (DBS) to establish their suitability to work with or have access to children or vulnerable adults.
Ensuring all staff and volunteers are properly trained, supported and supervised in the carrying out of their activities.
Ensuring that proper controls and procedures are in place to identify and action instances of alleged or suspected abuse that may come to the attention of Home-Start Barnet.
Ensuring that internal control risks are minimised by following procedures that require all transactions to be correctly authorised.
Ensuring the maintenance of adequate insurance cover for the scheme to provide cover for employees, Trustees and volunteers carrying out work for and on behalf of Home-Start Barnet; this includes any claim resulting from alleged or actual
Ensuring that adequate funding is in place to support our work.
Ensuring the organisation is GDPR compliant.

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:

Perinatal Health Coaching - up to 6 months of one-to-one support for expecting and new mums at risk of mental health issues.
Family Health Coaching - up to 6 months of one-to-one support for families affected by domestic violence, substance misuse and mental health which is impacting on their children's wellbeing.
Money Smart - supporting low-income families to be 'money smart' using the award winning Made of

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

Money programme, thereby avoiding debt and financial distress.

Evidence-based parenting programmes.
Family groups for hard-to-reach families Barnet and Harrow.
Trips and outings during school holidays.
Healthwatch Barnet partners in providing the local community, information, advice and signposting of health and social care services.
Social work student placements over 70 days
Counselling provided by qualified volunteer therapists and by student therapists on placement.

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.

In the last year, we achieved this with a core of 22 staff members, including 6 full-time and 16 part-time staff including the CEO and a network of approximately 150 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

We supported a total of 1261 children and young people and 678 families through a combination of oneto-one volunteers, coordinator-led support, counselling, group activities for under-5s, workshops and money management coaching.
783 of the children receiving support were under the age of five
One to one home-visiting support was provided to 198 families with 337 children across five boroughs (Barnet, Harrow, Brent, Enfield and Tower Hamlets)
We offered 103 group activities sessions for under-5s in Grahame Park (79) and Kenmore Park (24). A total of 194 families with 279 children engaged.
103 families with 209 children attended Mental Health Awareness workshops.
38 families with 78 children benefitted from our Counselling Service using trainee and volunteer therapists.
44 families with 81 children, who were struggling financially, were supported through our one-to-one Money Smart Programme.
Families received Christmas gifts, grocer vouchers and food hampers donated by Berkeley Homes, John Lewis, Young Barnet Foundation, GWPA and Oxford Street Hampers.

Volunteering Highlights

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

82 volunteers offered face to face support (home visiting or outdoor meetings)
6 volunteers supported the administration team, 3 support the group activities
10 counsellors offered support to families
Almost 60% of our volunteers can speak and understand at least one additional language
5 Volunteer Training Courses were delivered throughout the year, 43 new volunteers were recruited
Training: We offered refresher training for volunteers on long-term resting. Some volunteers attended

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

training sessions in: Safeguarding, Mental Health First Aid and Autism Awareness. We have also introduced the ‘Learn some more’ support: a series of 10 emails sent as a follow up to the preparation course, each one recommending further training, resources, courses and relevant learning opportunities.

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

Training undertaken by staff members this year included:

Autism awareness
Bereavement awareness
Coordinator Bootcamps on Family Services and Charity Log
How to write case studies
Safeguarding (Refresher, Level 2 and 3)
Mental Health First Aid
Equality, Diversity and Inclusion
Excel/Power BI training
Cuppa Coaching
Train the trainer
Support and Supervision of Staff

Financial Review

The Charity had £600,360 (2022 - £630,457) income from all sources this year, and a deficit of £59,311 (2022 - surplus of £49,388). This is explained further in our Financial Statements on pages 12. The Charity now has total funds of £77,791 (2022 - £137,102). The trustees aim to maintain sufficient unrestricted funds to safeguarding Home-Start Barnet ongoing work.

The trustees have set target reserves to cover three months’ future expenditure (£125,000) with the aim of reaching this level over the next couple of years. As at 31 March 2023, free unrestricted funds were £2,943. The Trustees have the situation under active review and will take appropriate action if in their opinion the target is unlikely to be reached in the timetable previously set.

Principal Funding Sources

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

Contract with London Borough of Barnet to support vulnerable families with older children at risk of mental health issues, commissioned to March 2025.
Contract with Public Health Barnet to support women at risk of mental health issues during the perinatal period, commissioned to March 2025.
Contract with London Borough Brent Family Solutions team extended to December 2023.
Funding from Berkeley Homes North-east London through the Home-Start London consortium to deliver work in London Boroughs of Enfield and Tower Hamlets (ending October 2023)
Funding from CNWL Partnership with Home-Start London Consortium to deliver perinatal mental health support in Harrow and Brent until May 2023

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

Funding from John Lyon's Charity to continue our work with families with under-5s in Brent, Barnet and Harrow until 2024
Funding from BBC CIN Small Grant to run the Grahame Park family group.
Funding from The Hadley Trust to support the recruitment and training of volunteers.
Home Start UK grants for “Empowering Women”, Volunteering Futures and Isolation and Loneliness

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

Akiva School
The Greek Women's Philanthropic Association
Sebby’s Corner
Chipping Barnet Food Bank
John Lewis Brent Cross
Waitrose in Brent Cross, Whetstone, Temple Fortune, Harrow Weald, Enfield, Barnet, Finchley, South Harrow, Enfield Chase, Mill Hill, Finchley Central
LUSH
London Bridge Challenge participants and donors
We would also like to acknowledge all the individual donations we have received during the year.

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 2023 were nil (2022 - 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 2024 will focus on the following priorities:

Organisational Resilience:

Develop a succession plan for the Board and ensure recruitment of Trustees who are able to support the organisation to develop and grow.
Continue to strengthen and develop the Board’s knowledge and capacity in areas of financial governance, organisational management and strategy.
Review of the 3-year strategic plan and development of the next plan that sets the direction of travel for the charity

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

Review the full cost recovery model and correctly identify costs of supporting the individual elements of the overall scheme.
Increase the level of reserves through donations and careful financial management.

Partnerships and Engagement:

Embed the organisation in each of the boroughs in which we work, to ensure that we are represented and visible across networks and forums in each borough.
Focus on development of strategic partnerships with other voluntary sector organisations that share our ethos and have mutual goals.
Nurture relationships with existing supporters and increase visibility and accountability to attract new supporters.

Efficiency and Effectiveness in Service Delivery

Ensure that external stakeholders are aware of our approach to supporting families, creating clear referral pathways and improving support to families in greatest need of our help.
Through the learning and development programme, create trainee positions, work placements and increase our capacity to offer more student social work placements each year.
Build on the resources and skills we have developed in our staff, volunteers and Trustees and invest in further CPD.
Ensure that services and operations place diversity and inclusion at their core, and continue to explore and embed best practice in these areas.

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:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

Home-Start Barnet Trustees’ Annual Report For the year ended 31 March 2023

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.

In so far as the Trustees are aware:

there is no relevant audit information of which the charitable company's auditors are unaware; and
the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

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 11[th] December 2023 and signed on its behalf by:

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

Julia Roberts - Chair of Home-Start Barnet

Home-Start Barnet Independent Examiner’s Report For the year ended 31 March 20232

I report to the Trustees on my examination of the accounts of Home-Start Barnet for the year ended 31 March 2023.

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

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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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 FCA Accountability Europe Ltd Omnibus Workspace 39-41 North Road London N7 9DP Date: 14/12/2023

Home-Start Barnet

(A company limited by guarantee)

Statement of financial activities For the year ended 31 March 2023

Unrestricted £ 17,301 253,858 7	Restricted £ - 329,194	2022 Total £ 11,740 618,705 12
271,166	329,194	630,457
274,109	385,562	581,069
274,109	385,562	581,069
(2,943) 38,006	(56,368) 99,096	49,388 87,714
35,063	42,728	137,102

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.

Home-Start Barnet Balance sheet

As at 31 March 2023

2023 £ 10,594 113,188	2023 £ 7,441 70,350	2022 £ 29,367 111,545	2022 £ 6,678 130,424
123,782 (53,432)		140,912 (10,488)

	77,791		137,102
	42,728 35,063		99,096 38,006
	77,791		137,102

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2023 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 11th December 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.

Home-Start Barnet Statement of cash flows As at 31 March 2023

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	2023 £ (59,311) 2,084 18,773 42,944	2022 £ 49,388 1,670 (20,889) (57,742)
	4,490	(27,573)
	2023 £ 4,490 (2,847)	2022 £ (27,573) (1,729)
	1,643 111,545	(29,302) 140,847
	113,188	111,545

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2023

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.

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2023

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:

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them,
Support costs are those costs incurred directly in suppoit of expenditure on the objects of the charity and include project management.

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.

Home-Start Barnet

Notes to the financial statements

For the year ended 31 March 2023

2 Detailed comparatives for the statement of financial activities 2022 Unrestricted £ Income from: Donations and legacies 11,740 Charitable activities 166,404 Investments 12 Total income 178,156 Expenditure on: Charitable activities 206,730 Total expenditure 206,730 Net income / expenditure (28,574) Transfers between funds - Net movement in funds (28,574) Total funds brought forward 66,580 Total funds carried forward 38,006 3 Income from donations and legacies Unrestricted Restricted £ £ Donations & Fundraising 17,301 - 17,301 -	2 Detailed comparatives for the statement of financial activities 2022 Unrestricted £ Income from: Donations and legacies 11,740 Charitable activities 166,404 Investments 12 Total income 178,156 Expenditure on: Charitable activities 206,730 Total expenditure 206,730 Net income / expenditure (28,574) Transfers between funds - Net movement in funds (28,574) Total funds brought forward 66,580 Total funds carried forward 38,006 3 Income from donations and legacies Unrestricted Restricted £ £ Donations & Fundraising 17,301 - 17,301 -	2022 Restricted £ - 452,301 -	2022 Total £ 11,740 618,705 12
	178,156 206,730	452,301 374,339	630,457 581,069
	206,730	374,339	581,069

	(28,574)	77,962	49,388
	-	-	-
	(28,574) 66,580	77,962 21,134	49,388 87,714
	38,006	99,096	137,102
	Restricted £ -	2023 Total £ 17,301	2022 Total £ 11,740
17,301	-	17,301	11,740

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2023

4 Income from charitable activities

Income from charitable activities
Grants 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 Home-Start UK HSL Berkeley Homes Hadley Trust City of London LB Brent Garfield Weston Pears Foundation and DCMS Chattertotts Barnet Comminity Innovation Fund(CIF) Other Gift Aid London Borough Camden Harrow Cimmunity Fund Universities Student Placement Young Barnet Foundation LB Barnet-RBS Total income from charitable activities	Unrestricted £ 35,697 - - - 64,800 - - - 21,640 69,000 30,000 - 10,000 15,000 - - - - - 2,311 - 5,410 - -	Restricted £ 10,000 - - 116,700 - 83,000 67,000 - - - - - - - - 6,494 - - - 5,000 - 20,000 21,000	2023 Total £ 35,697 10,000 - - 181,500 - 83,000 67,000 21,640 69,000 30,000 - 10,000 15,000 - - 6,494 - - 2,311 5,000 5,410 20,000 21,000	2022 Total £ 67,916 21,598 19,932 10,000 135,250 10,000 65,000 55,000 - 62,500 40,000 6,925 10,000 15,000 12,000 15,833 58,450 7,303 3,898 - - 2,100 - -
	253,858	329,194	583,052	618,705

5 Income from investments

Income from investments
Bank interest	Unrestricted £ 7	Restricted £ -	2023 2022 Total Total £ £ 7 12
	7	-	7 12

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2023

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 £ 530,446 - - 12,752 - - - - 543,198 116,473 659,671	Support costs 2023 Total £ £ - 530,446 26,522 26,522 57,321 57,321 - 12,752 3,382 3,382 - - 11,607 11,607 17,641 17,641 - 116,473 659,671 (116,473) - - 659,671	2022 Total £ 477,698 10,104 55,436 15,853 6,802 45 7,555 7,577
			581,069 -
			581,069

Of the total expenditure, £274,109 was unrestricted (2022: £206,730) and £385,562 was restricted (2022: £374,339).

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 £ 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

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2023

8 Net income / (expenditure) for the year

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 One employee received employee benefits more than £60,000 during the year. £60,000 - £69,999	2023 £ 2,084 2023 £ 482,076 35,439 12,931 - 530,446 2023 No. 1	2022 £ 1,670 2022 £ 436,799 26,238 14,661 -
		477,698
		2022 No. 1

The total employee benefits including pension contributions of the key management personnel were £68,585 (2022: £nil).

The charity trustees were not paid or received any other benefits from employment with the Trust in the year (2022: £nil) neither were they reimbursed expenses during the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

Staff numbers

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

	2023	2022
	No.	No.
Charitable activities	22	18

10 Taxation

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

Notes to the financial statements For the year ended 31 March 2023

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 Prepayments Accrued income 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 £ 10,807 2,847 13,654 4,129 2,084 6,213 7,441 6,678 2023 £ - - 10,594 10,594 2023 £ 12,522 2,470 1,440 37,000 53,432 2023 £ - 37,000 - 37,000	Total £ 10,807 2,847
		13,654
		4,129 2,084
		6,213
		7,441
		6,678
		2022 £ 808 6,250 22,309
		29,367
		2022 £ 6,468 2,508 1,512 -
		10,488
		2022 £ 34,699 - (34,699)
		-

Home-Start Barnet Notes to the financial statements For the year ended 31 March 2023

14 Analysis of net assets between funds Current year

£ 99,096 At the start of the year	£ 329,194 Income	General unrestricted £ 7,441 27,622	Total funds £ 7,441 70,350
		35,063	77,791
		General unrestricted £ 6,678 31,328	Total funds £ 6,678 130,424
		38,006	137,102
		£ 385,562 Expenditure	£ - 42,728 At the end of the year
99,096	329,194	385,562	42,728
38,006	271,166	274,109	35,063 -
38,006	271,166	274,109	35,063

137,102	600,360	659,671	77,791
21,134 At the start of the year	452,301 Income	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

17 Related party transactions

There are no related party transactions to disclose for 2023 (2022: none). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.