HOME-START NEWARK YMCA NEWARK & SHERWOOD COMMUNITY ACTIVITY VILLAGE. LORD HAWKE WAY, NEWARK, NOTTINGHAMSHIRE. ACCOUNTS YEAR ENDED 31 MARCH 2024 SECRETARY S.E. Grant REGISTERED OFFICE- YMCA Newark & Sherwood Community Activity Village, Lord Hawke Way, Newark, Nottinghamshire. NG24 4FH COMPANY NUMBER 5433103 CHARITY NUMBER 1109551 INDEX Trustees'lDirectors' report Independent Examiner's report Profit and loss account Statement of Financial Activities Balance sheet Notes 8-12 Davld Pattinson, Chartered Accountants, 233, London Road, Balderton, Newark, Nottinghamshire.
HOME-START NEWARK TRUSTEES, ANNUAL REPORT The trustees present their report and the accounts of the company for the year ended 31 March 2024. OBJECTIVES AND ACTIVITIES The objects of the company are to increase the confidence and independence of the family by= offering support, friendship and practical assistance.. visiting families in their own homes, where the dignity and identity of each adult and child can be respected and protected., reassuring parents that difficulties in bringing up children are not unusual and encouraging them to enjoy family life., developing a relationship with the family in which time can be shared and understanding can be developed.. the approach is flexible to take account of different needs; encouraging parents, strengths and emotional well-being for the ultimate benefit of their children- encouraging families to widen their neork of relationships and to use effectively the support and seNices available within the community. b) d) Our aims and objectives In order to achieve our vision and strengthen our organisation Home-start Newark will pursue the following aims and objectives.. Our delivery: Continue to provide tailored support to families in a professional and efficient manner Ensure systems, policies and processes are maintained to provide effective operations Ensure effective governance and financial control is maintsined Ensure the safeguarding of children remains at the core of all areas of work Our SeNlces: Ensure our services are as appropriate, effective and responsive as they can be within the changing social. political and pandemic situation. Keep our services under frequent review to ensure we are able to respond rapidly to developments relating to the global pandemic changing need and identify ways they may be refined or adapted to meet Continue to engage with families in a range ofways to obtain feedback regarding our services to ensure we remain responsive to ¢hanging needs. Our People.. Ensure we continue to have motivated and engaged volunteers and staff in place to enable delivery of our services Maintain a watchful eye on volunteer numbers ensuring recruitment occurs at appropriate levels to maintain sufficient numbers to deliver our home visiting service and group support facility and consider new approaches to volunteer recruitment Ensure that Home-start Newark continues to be an organisation of choice for people to work and volunteer for by offering relevant ongoing training, support and development opportunities Ensure our equalities and diversity policy is central to all staff and volunteer recruitment, development and support plans. Our Flnances: Ensure that our organisation is financially secure now and in the future Develop and maintain a clear strategy for strengthening our financial position including accessing grants, fundraising activities and one-off funding bids in line with our ethical fundraising policy Continue to Closety observe accounts, actively working to anticipate possible future variables in income and expenditure Our relationships.. Ensure we maximise our opportunities to develop strategic partnerships that will advance our vision Consider how relationships with key stakeholders could be developed by exploring local collaborative working or reciprocal support and signposting Work lo improve our relationship with local businesses, neOrkIng at local events and actively engaging with them where appropnate. Our Proflle: Ensure we maintain a strong local and regional reputstion Ensure our marketing and communication materials are fully updated in line with Home-start UK expectations to ensure continued visibility and providing effective materials for publicity purposes and funding bids Take steps to raise our profile with local businesses Develop our social media presence. targeting relevant material towards differing audiences
HOME4TART NEWARK TRUSTEES, ANNUAL REPORT ACHIEVEMENTS AND PERFORMANCE 2024 marks Home-start Newark's 401h birthdayl We are incredibly proud to have been delivering vital family support services in the heart of our local community for 40 years. We started this year in the midst of a cost of living crisis, which has led to very tough times for many of the families that we support. It's also had a significant impact on volunteer recruitment, rising costs for the organisation and on fundraising. As a small voluntary sector organisation, this Can be prety challenging- but we have been able to adapt our approach, finding opportunities to provide responsive services which meet emerging needs. Our Home-visiting Service has been a vitalty important ingredient in many families, lives over the last 12 months. We've seen increased needs, particularfy around children's development, financeldebt, domestic abuse, isolation, and mental health in the last year. Our amazing Home Visiting Volunteers have had the support of our hard working office team, working alongside families to help them deal with these challenges. We've secured additional funding to provide free safety equipment and baby formula where needed, and have benefitted from close support from local agencies such as the Salvation Amy, food banks and NSDC Housing teams in reducing family crises. This year we offered a free counselling service, provided both face-to-face and online by a volunteer student counsellor. Parents using this service experienced positive and sustained changes in their mental health. This is alongside the existing incredible work done by our Home-visiting and Family Group Services every week- supporting families, emotional wellbeing. Kim Shirley is now our Mental Health First Alder and has supported the development and delivery of wellbeing chats at our Family Group, as well as working with me on our organisational Wellbeing Action Plan for staff, trustees and volunteers. Our newer Home-visiting Service delivery in Ollerton, Boughton and Bilsthorpe has continued to grow, with more referrals coming through and additional volunteers being recruited. Our worker Claire Flanagan is now mostly able to step away from direct support. and facilitate the work of our fantastic volunteer5 Wlth families in these areas. This is a great achievement and a milestone in the establishment of our seNices in this area. Babies born during covid lockdowns are now approaching nursery and school age. We have adapted our Step Up For School (schoollnursery readiness) project to focus on the emerging priorities that families are lelling us about.. speech, language and communication and toileting. Our worker Kay Davidge has expanded our popular community 'lighl touch, events so that we can share information and resources beyond our supported families and into the heart of the communities where we work. This work is also embedded across our other services. Our Family Group has gone from strength to strength, and we are delighted to see families self-referring as word of mouth spreads about this great service. For the first time since re-opening after covid, we've had to start a waiting list as we are full to capacity. Our amazing Family Group workers Julia Sumner and Michelle Bentley, as well as our brilliant Family Group Volunleers. have worked incredibly hard over the last 12 months to respond to the needs of families there. As a result we have been supported at Family Group by several visiting services.. Citizens Advice, Newark Civil War Museum Mini Museum Seniice, Children's Centre and more. We welcomed three new Trustees, lan Barber, Gemma Bukel, and Sue Smith onto our existing board of committed and hard working people. Their expertise in PR, business development, strategy and law is already benefitting the work of the Board of Trustees and the organisation as a whole. Sue has experience already as a Home-visiting Volunteer with us. We said a sad goodbye to our brilliant Family Support Coordinator Rachel Boydell, who left us to undertake further academic studies. Huge thanks to Rachel for all her hard work, expertise and humour we'll miss her, but we know she'll be amazing. Recruitment is undeway to fill her post. In the summer of 2023 we took 2 coach loads of families to White Post Farm for a day of animals, picnics, sunshine and making important family memories together. Families at our Family Group also enjoyed a Teddy Bear's Picnic in Sconce Park and a Sports Day in the church hall (rainl l). We ran a summer sociallcelebralion event for our volunteers in Hardy's Fam Shop in Farndon, and a Volunteers. Christmas Bingo session in Balderton. This year we added bi-annual Volunteer Coffee and Chat sessions, so our wonderful Volunteers can meet up with other members of this amazing team and get to know each other during the year. We ran 3 preparation Courses, training 10 new Home Visiting Volunteers. We ran safeguarding training updates with fantastic support from Change Grow Live, who provided us with an infonnative and helpful session around substance misuse. At Christmas time, we were supported once more by the generosity of the local community, via the Salvation Amy's Christmas gift scheme, which ensured no children went without presenls, no matter the circumstances. Families enjoyed a fun Christmas Paty at Beanblock Café in Newark. We even had a special visitor dressed in red and white!
All in all this has been a challenging but very positive year, with lots to celebrate and a team of Volunteers, staff and Trustees working incredibly hard to provide the best possible service lo local families. I feel humbled and proud to be able to lead this team through these challenges and on towards our 50th birthday. Sara Grant Manager FINANCIAL REVIEW There was a net surplus of £8,075 for the year ended 31 March 2024. Total funds carried fOard are £98,628 plus the revaluation reserve of £19,915. It is the policy of Home-start Newark to build and retain a reserve that would.. a} Ensure Ihe organisalion could meet all outstanding liabilities should core funding be withdrawn at short notice. b) Ensure Ihe organisalion could continue operating for three months should core funding be significantly reduced. significant reduction has been taken to mean a 500A cut. During the year in question all efforts would be made to obtain altemative funding to continue the service in the future. STRUCTURE, GOVERNANCE AND MANAGEMENT Home-start Newark is a company limited by Guarantee, the governing document being the Memorandum and Articles of Association. Trustees are recruited from the local area and are people of good standing within the community. with the appropriate skills to support the scheme. REFERENCE AND ADMINISTRATIVE DETAILS The directors in office in the period and up to the date of this report, who are also trustees, were as follows.. a) J. Geraghty, H. Lockwood, T O'Dea, C. Willey, and K.J. Southern served throughout the year. b) G. Bukel, l.m. Barber and S. Smith were appointed during the year. This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within part 15 of the Companies Acl 2006, and the Charities Statement of Recommended Practice (FRS102)(effective January 2015). By order of the Board on 25 July 2024 Secretary S.E. GRANT
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF HOME-START NEWARK I report on the accounts of Home-start Newark, for the year ended 31 March 2024 which are set outonpage4to 11. Respective responsibilities of trustees and examiner As the Charity's trustees you are responsible for the preparation of the accounts,. you consider that the audit requirement of section 144 of the Charities Act 2011 (the Charities Act) does not apply, and that an independent examination is needed. It is my responsibility to: examine the accounts under Section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and to state whether particular matters have come to my attention. Basis of independent examine5 statement My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees Conrning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair. view and the report is limited to those matters set out in the statement below. Independent examinerfs statement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the Charities Act., and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act. have not been met" or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. David Pattinson, Chartered Accountant 233, London Road, Balderton, Newark, Nottinghamshire. NG24 3HA 25 July 2024
HOME-START NEWARK PROFIT AND LOSS ACCOUNT YEAR ENDED 31 MARCH 2024 2024 2023 TURNOVER 151,254 135.202 Administrative expenses 144,588 131.735 OPERATING PROFIT 6,666 3,467 Interest receivable and similar income 1,409 533 PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION 8,075 4,000 Tax on profit on ordinary activities PROFIT FOR THE FINANCIAL YEAR AFTER TAK4TION 8,075 4,000 Retained surplus brought fopNard 90,553 86,553 RETAINED SURPLUS CARRIED FORWARD 98,628 90,553 The notes on pages 7 to 11 form part of these accounts
HOME-START NEWARK STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024 2024 Unrestricted Restricted funds funds 2023 Total Unrestricted Restricted funds funds funds Total funds Note Income and endowments from: Donations and legacies Other trading activities Investments 66,539 2,292 1,409 82,423 148,962 2,292 1,409 66,601 2,415 533 66,186 132,787 2,415 533 Total 70,240 82,423 152,663 69,549 66,186 135,735 Expenditure on: Raising funds Charitable activities Other 768 49,877 1,649 14 782 91,970 141,847 310 1,959 399 61,521 1,704 399 67,801 129,322 310 2,014 Totsl 52,294 92,294 144,588 63,624 68,111 131,735 Net incomel{expenditure) Transfer between funds 17,946 (10,514) (9,871) 10,514 8,075 5,925 (3,219) (1.925) 3,219 4,000 Net movement in funds Reconciliation of funds: Total funds brought forward 7,432 643 8,075 2,706 1,294 4,000 84,804 5,749 90,553 82,098 4,455 86,553 Total funds carried forward 92,236 6,392 98,628 84,804 5,749 90,553 The notes on pages 7 to 11 form part of these accounts
HOME-START NEWARK BALANCE SHEET 31 MARCH 2024 2024 2023 Note Fixed assets: Tangible assets 4.869 5,556 Current assets: Stock of chromebooks Debtors and prepayments Cash at bank and in hand 8.671 1.180 136,421 13,455 1,211 121,704 Tolal current assets 146,272 136,370 Llabilities". Credilors.. Amounts falling due within one year 32.598 31,458 Net current assets 113.674 104.192 Totsl net assets 118,543 110,468 The funds of the charity: Unrestricled funds Restricted - 92,236 84.804 HSUK Caring for Families Fund HSUK Emergency Fund- Capital National Lottery Covid Fund- Capital HSUK Funding Strategy Magic Little Grants BNA Charitable Incorporated Notts County Council, Councillorfs Divisional Fund, Councillor Keith Girting NSDC Ollerton Pilol- Capital HSUK- Chromebook The Nalional Lottery, Cost of Living Star Trust Feeds Baby Formula 363 371 470 152 511 363 433 548 755 117 1,000 1,000 1.264 269 1.124 239 980 2,051 131 6,392 5.749 Revaluation reseNe 19,915 19,915 Total charity funds 118,543 110,468 The directors are satisfied that the company is entitled to exemption from audit under Section 477 of the Companies Act 2006 and that no members have requested an audit pursuant to Section 476 of the Ad. The directors acknowledge their responsibilities for.. {a) ensuring that the company keeps accounting records which comply with Section 386 of the Companies Act 2(M)6: and (b} pparing accounts which give a Irue and fair view of the state of affairs of the company as at the end of each financial year and of ils profit and loss for the financial year in accordance with the requirements of Sedion 396 of the Companies Act 2006, and which otherwise comply with the requirements of the Act relating to accounts, so far as applicable to the ompany. The accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime wi in part 15 ofthe Companies Act 2006. T. O'DEA Directors K. SOUTHERN Approved by the board on 25 July 2024 Company number 5433103 The notes on pages 7 to 11 forn part of these accounts
HOME-START NEWARK NOTES 31 MARCH 2024 1. ACOUNTING POLICIES a) Basis of accounting The accounts have been prepared under the historical cost convention and in accordance with the Charities Statement of Recommended Practice {FRS102) (effective January 2015). b) Grant income and donations Grants are treated as income in the year to which they relate,. donations are accounted for as received. c) Expenses Expenditure is accounted for as incurred. d) Tangible fixed assets Fixed assets are deprecialed in equal annual instalments over their expected useful life of ten years. e) Penslon scheme The company operates a defined contribution scheme and contributions are charged against profits in the period when due. 2. STAFF COSTS 2024 2023 Average number of employees Wages Pension contributions 97,505 4,318 90,281 4,023 101,823 94,304
HOME-START NEWARK NOTES YEAR ENDED 31 MARCH 2024 3. INCOME AND ENDOWMENTS 2024 Unrestricted Restricted funds funds 2023 Unrestricted Restricted funds funds Total funds Total fvnds la) Donations and le acies Core funding - Notts County Council NCC Homes for Ukraine Fund Newark and SheNood DC NSDC - Ollerton Pilot GTOUP funding- Children in Need Other grants- NCC Covid Recovery Domlal Foundation- Step up for School Service Boots Star Twst Asda The National Lottery Communty Fund Charities Trust Magic Lle Grants Coalfields Regeneration Trust General BNA Charitable Incorporated Notts County Council, Councillorfs Divisional Fund. Councillor Kerth Girting Feeds Baby Fomiula HSUK- Chromebook donated Volunteer donations Gift Aid tax refund on donaligns 10,524 10.524 2,189 14,690 14,370 10,000 10.524 10.524 219 14,690 14,370 10,500 18,682 2,189 219 14,690 14.690 14,370 10.000 14,370 10.500 18,682 21.313 10,000 2,736 21,313 10,000 2,736 41X) 20.245 300 500 19,126 19,126 400 20,245 300 500 500 490 500 490 41,094 1,000 Donations 40,147 40.147 41,094 1.0¢)0 820 250 820 250 1,000 1,0 299 299 249 229 249 229 293 293 66,539 82,423 148.962 66,601 66,186 132,787 Ibl ther Iradin activiti Fund raising efforts 2,292 2,292 2,415 2,415 Icl Investrnents Interest 1,409 1,409 533 533 Total incoming resources 70,240 82,423 152.663 69,549 66,186 135.735
io HOME-START NEWARK NOTES YEAR ENDED 31 MARCH 2024 4. EXPENDITURE 2024 Unrestricted Reslricled funds funds 2023 Unrestricted Restrtted lund$ funds Total funds Total funds FLtndraising expenses 788 14 782 399 399 Ib} ble8 Activities and trips AGM and Iruslee expgnse8 Annual fee Consultancy fees Donation of Chromebook8 Insurance Miscellaneous Play equipment and materials Publicity and advertising R&lre8hments Rent and premisos hir• Safety equipment Soffvlare an¢J IT support Staff expens08 Staff training Slalionèry and office equipment Telephone and postage Volunteer expenses Volunteer Iralnlnp Wages 1,334 2,705 4.039 734 82 724 2.579 3,313 82 1,324 1,792 2.392 1.038 193 1,250 336 920 14,651 436 1,821 1,876 168 1,010 1,206 1,380 30 94,304 1,109 1,369 855 2,478 855 4,784 1,375 24 1,018 928 891 15,574 734 1,776 2,162 600 1,792 4,784 1,375 24 2,392 1.038 193 541 173 234 4.421 53 1,396 463 144 923 976 1.138 30 45,866 1,018 443 828 12,741 734 255 1,816 485 63 2,833 163 686 10,230 383 22S 1,413 24 87 230 242 1.521 346 576 899 633 132 141 915 708 1,040 1.548 33.805 68,018 101,823 48,438 49,877 91.970 141,847 61,521 67,801 129,322 Accountancy charges Deprgcialion Independgnt Examln8r'5 fee Amortisalion of capital funds Loss on fixed assets 840 687 432 13101 840 687 432 860 687 360 13101 307 687 310 310 307 1,649 310 1,959 1,704 310 2,014 Total expendiluro 52,294 92,294 144,588 63,624 68,111 131,735
11 HOME-START NEWARK NOTES 31 MARCH 2024 S. TAXATION As a Registered Charity, the company is exempt from UK Corporation Tax. 6. TANGIBLE FIXED ASSETS Cost 1 April 2023 and 31 March 2024 7,284 De reciation 1 April 2023 Charged 1,728 687 31 March 2024 2415 Net book value 31 March 2024 4,869 31 March 2023 5,556 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments Tax refund on Gift Aid donations 137 908 166 951 229 1,180 1,211 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Accruals and deferred income 3,682 1,398 27,518 2,538 897 28,023 32,598 31,458
12 HOME-START NEWARK NOTES 31 MARCH 2024 9. RESERVES 2024 2023 Revaluation reserve Balance 1 April 2023 and 31 March 2024 19.915 19,915 The revaluation reserve is the value of assets less liabilities taken over from the old unincorporated charity. Outline summa of fund movements Fund balanc Brought lorward Gains and Losses Fund bal8nce Carried forward In¢¢)me Exwndrtur• Transfern Unrestricted funds Reslricled Chiklren in Need Slep up for School serv HSUK Caring lor Famil5 Fund HSUK Emergency FurKI National Lottery Covid Fund HSUK Funding Strategy Magic Little Grants BNA Charitable Incorporated Notts County Council. Coun¢illol$ Divisional Fund, Councillor Kerth Giding 1.000 NSDC Ollerton Pilot 1,264 HSUK- Chromèbook 269 NCC Homes for Ukraine Fund The Nation81 Lottery. C051 of LNing Star Trust Boots Feeds Baby Fornula Revaluation reservg 84.804 70,240 152,294) 110,514) 92.236 10.000 21,313 111,002) 121.332) 1.1)02 19 363 433 548 755 117 363 371 470 152 511 162) {78 {6031 11061 {1.0001 820 14,370 {1,8201 {24.0031 1301 12,1891 119,2651 1685) 110,0001 {119 9.493 1,124 239 2.189 20.245 2.736 10.000 250 980 2,051 131 19.915 19,915 110.468 152,663 144.5881 118,543 Unrestricted funds are those available for the general purposes of the charity. The restricted funds are grants from Children in Need, Domlal Foundation, Home-start UKIDCMS Comms, The National Lottery, Magic Little Grants, NSDC, NCC, BNA Charitable Incorporated, Notts County Council, Councillor's Divisional Fund, Councillor Keith Girling, Star Trust, Boots and Feeds. which may be spent only on the projects for which they were given. 10. TRUSTEES, EXPENSES. REMUNERATION AND BENEFITS No trustee expenses have been incurred. No trustees have been paid any remuneration or received any other benefit from an employment with Home-start Newark.