REGISTERED COMPANY NUMBER: 115363089 IEthgl#nd #nd Wale$) REGISTERED CHARrrY F4UMBER: IIJ2014 REPORT OF THE TRU TEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAR H2021 T LAMBETH House Limited Chan¢red Accourt￿n 44 Grand Parade BriBhioTh East Sussex BN2 9QA *AAJZ)LIN* 23112r2021 COMPANIES HOLISE HOME-gfART L ONTENTS F THE FINANCIAL TATEME AR ENDE CH 2021 P￿e Report of the Trustees IudepeNdent Examlner's Report Ststement of FlnY4ntlal Activiti¢S io Bala￿¢t Shtet 11 to 12 Notes io the FiThan¢i•l Sta¢emen 13 to 19 LA MBER: RT OF THE TRL1STE FOR TH YEAR ENDED31 MAR The trustees who arc also directors of the charity for the purpose5 of the Companies Act 2006, present their reFd)rt with the financial siatem¢nts of the charity for the year ended 31 MaT¢h 2021. The w(ees h8v¢ adopted the provisions of Accounting and Reporting by Charits"es". Ststemeni of Recornrnended Practice applicable to charities preparing their accounts in accordance with the Financial Rew)rting Standard applicable it) the UK and RepublLC of Ireland IFRS 102) (effective l January 2019). The who ate also di￿t￿ of the charity for the purrA>ses of the CoTnptiDies Act 2(K16. PTesent their annual report 108ether with the financial sthtements of the charity for the year endIng 31 Mwch 2021 which ate also Prepared to meet the requIre￿entS for a directots, Teport and accounts foT Companies Act puryx>ses. Reference aud administrative infornwtion sei out on page 3 fonns partof this re￿rt. The financial ststements comply with current statutory requirements, and the Sratem¢ni of Re￿)rnMend¢d Prnctice Accounting and Reporting by C]Jan"lies.' SOB2 applicable ts) Clwitses preparing their accoullts in accordan￿ with FRS 102. 0￿ECTIVEs AND AcfIviTIFS Objeciives 8nd aims The purposes of the Charity. as set oui in its governing Ltruments are:_ - To saf¢guaTd. proieci ajkl preseThe the go(*1 health. both mental and physical of children and parents of children - To prevent cnjelty to or ttLaltreat]nent of children - To relieve sickness. poverty and rtttd amongsl ¢hildren and parents of children - To protnote the education of the public in E¢tter standards of child cate within the area of Lambeth and its environs Home-stsrt Lambeth recruit8 suitable volunieets to support fami]i¢$ with ¢hildren under the age of 5 year5 living its the London Borough of Larnbeth. Volunteers visjt families in their own Iwrnc5 on a ￿gUlaT basis to offer supporL frierbdship and practkcai help so &s lo prevent crisis and breakdown. Home-Si8rt Iambeth works in partnership with rtfeTTers to idtntify families in need of 5UPPOrt and put in place appropriate support. This incllldes Social Workers, Health Visitots. Children Centrt's 2nd other Health Profcs5ional5. Our Telaiionship with referrers ensures we are practicing early intervention. Wc have rnany self-referrdls, as f2milJes recognise them5clves that they need extra help. We WO￿ with families with universal and targeted needs. preventitl8 ehildren from needing specialist help. Ourweekly consistenthome-based supw*rt is an excellent Preventative tool. The spe¢ific objectives of Home-start 14mbeth or¢ to illCTew the confideDc¢ and independence of ihe family by.'- - Offering support. friendship a]kl prn¢ti¢al assistance Visiting famili¢s in their own IM>me5. where tl* dignity identity of eath adult aTh4 thild can k pro1￿ted and respec￿1 - Reassurillgparen￿ that diffLculties ITh bringing up children 15 ]￿t unusual 8nd ¢t)Coura￿ng them io enjoy family life Developing a Telation5hip with the family in which time can be shared and understsnding developed. the approa¢h is flexible to tske inio account families own individual ne - En¢ouTaging parents. strengths and wellbeing for the ultimate benefit of the children - Encourdging families ¢0 widen their network of relatior￿lps and ￿ use eff￿tivelY the su>wrt services within the eornmunity, when are ready SupportiT)g families who have experien¢e4J domestic abuse through direct support and through the Freedom PrograTDrne. Ceographkal situation HoTne-Stan Larnbeth eontinues to be based Tn the ColdhaFtx)ur Ward of tArnlxth and is well siw8ted on major public transport rouies. so as ￿ gain easy aCc￿$1b1]Ity. Page I TAR DNU ER: RT FTHETRU TEES FOR THE YEAR ENDED 31 MA CH 2021 0￿ECTIVEs AND ACTIVITLES Volunteer5 Our service would not be possible wit￿ut the suprA)rt and dedication of our volunteets. Each volunteer LI earefijlly screened and is checked ￿ an enhanced level by the Disclosure and Barring Service, and before they are matched to 8 fomily they receive 30 bouts of tsaillillg. VoluDieers receive 'oui of pocket expenses, for their travel and on averagE each volunteer off¢rs th¢ organi￿tIOn 2-3 IK)ur5 of Iheir time per week. Page 2 ME TH MBER: 053fa RT RTHE FTH TR EAR ENDED 31 IIIAR ACHIEVEMENT AND PERFORMANCE Charithble #etivities AchSevement Perforn)an¢¢ This year Home-siart Lambeth has provided volunteer supwjrt for families in need wtth young children and delivercd the FreEdom ProgrJmrnc for WOTncn who have cxpeTicn¢cd dorne5tic abuse. Statistics forthc period l April 2020- 31 March 2021 sknw thc following.. 69 families wert supp)rttd by volunte¢rs (61 in 2019r20) 6 volunieers were recruited and trained {17 in 20191201 4 Freedom prngramme courses delivered.{6 iTh2019120) 71 refeTrals received for the FTtedom prograrnTne of which 56 women alleTthd. How our attivitit$ dtliver public benefit We hav¢ referred to th¢ guidanc¢ ¢oDtsined in the Charity Commission'5 general guidance on public b¢n¢fii when reviewing our aim and objectives and in planning OUT future activities. In particular. the Trustees consider how plannin8 activities will contri￿le to the aims and objedives they havc seL Htsme-stsrt Lambeth provides ¥ range of bent￿ts to the public as it aims ￿ increase the ￿llfident< wellbeing and Independence of families through the provision of fn"en¢tship. help and support. Our setvice is open to any m¢mber of the public wilh children under tbe ige of five who needs to use the 5miCt because they are experiencing difficulties in Iheir family life. subjeci only 10 our capacity. We then provide a la￿¢ number of benefi￿ to these families. including provLSLODS of parelltiDg support. help witb accessing serviccs ènd improved beaith and well-being. Th05¢ using the 5¢rvice report that th¢y aTe using moT¢ 5¢rvi¢es aDd are feeling less isolated. A substantitil proportion of those being supported. where children's behaviour was a concern. say that this has improved and they aTe now involved in the children's learning. 10(PA of Service wers ￿t￿rt that their 5elf-esieern h&5 improved We monitor changes in the lives of the familits we SuP￿rt. Below is an example of the outcomes we achieved for rarnilies this year (names have been changed ￿ provide arhonymity).. Kadisha has two children an I l year old (Sammi) and a now 2 year old (Aya) who was born prematurely. Kadisha expeTien¢ed severe domes¢i¢ abuse in a previous relationship and has some physical and mental health issues that mean she ha5 sometirne5 Stn]ggled to care for her children. Aya w8s bom PTemanLr¢ly and h15 Ikv¢l¢)pmeDthI delay and health isw¢s as a r¢sulL The family have had to shield during this time to protect her health. All of their nKdical ap￿>intMents were moved online atml they followEd very strict socia] distsncing with no conts¢i with friends and family. At the start of ]￿kdoWn. Kadisha dithl't feel she w¢)uld benefjt frorn volunieer SUp￿)rt a5 she bad wanted to access pra¢tical support in the home. Howev¢r. through Tegulat keep in touch Calls OUT ￿ordIna10r. Kadisha got enh)tional support and idtas to help her with her children and thided to access voluni¢er support. She now has weekly Calls with a volunteer. Support from her volunteer has hel[￿d her lo strncture her days at horne, allowing her to pate beTStlf and bt able to stay present with the children. Her volunteeT has supported heT with ideas of how to engage the children and also how to access online ￿Up$ atKI SUPPOTL "Speaking to Imy volunteerl helps so mudF just being able to ts]k to someone and he4r a Ytiice ￿Ck. I didn't realise just how helpful the ￿lIS were until I noticeAI that every Morjday I had a lisr of things saved up ￿ tell her. li made me realise I'm actually dealing with a lot and that every time I speak to ber I can offload arld she gives me so many helpfi]I svggestions. I can acwally tell hei my problems and help& I donl really (alk about them with other people.. Domestic abuse and the Fr¢¢dom Progrnmme Pag¢ 3 TART L ERED NU 053630 REP RT R THE FTHETR EAR ENDE MARCH 2021 The delivery of the Freedom Programme conrinues io go from strength to stsength and is now well recognised wirhin thc t<>rough. We are Teceiving appropriate refe￿1$. from a wide vatiety of professionals and scrvbces including from other London boroughs. The fiTral programme of the financial year had to be SUS￿nded due ro the Covid-19 lockdown but we bave been able to move the course online. Ovr volunieers Our volunieers are i dtverse group irx every way. but tlw shar¢ a high l¢vel of commitment to and tnthusia5m for supporting local families. This is our greatesi &ss¢i. This yeir. given the thallenges of COVID 19, we moved our volunteer training online & trnined them Srxcificglly in tht skills required to deliver supptsrt over the phone and via Zwm. Evaluation of the trainin8 this year revealed that the majority of the volulltcer5 etjyrged feeling pnpated ￿ become a Home-start volunteer w]th a BTeatly etthanced knowledge of safeguarding and child proieciion. wjsitivt par¢nting strategies and local 5CTvice5 available to families. Thtough the ttaiDiDg voluDteers report being abl¢ to sei appropriate boundaries betwettt thttwtlves and familits. Volunteers also report enhan¢ed Communi￿1￿[b and listEning skill FTNANCTAL REVIEW Financial position Totsl income for the year b&s in¢re8sed by £98.091 compared to 2019r20, wbicb refle¢rs the change in the of funding sources and more successful 8fdnt application5. Grant income has i￿reaSed by £74,068 in the year. Additionally the ¢harity has deferred income of £73,745 which will be Tetlected in the 2021122 financial sratements. This factOT has TneAnt that there wos an overall gaTn of £8.068 (2019r20 defKit of £33,898). The ￿tal fithds carried forward w&$ £81,406 all of whjch was unrt51ric*d. Prlneipal funding sourtes The Trusrees continue to pursue a policy of seekiTJg fimding from diverse sources which has in the rnain been successful. Durirtg ihis year Howne-siart tambeih h&% received funding from a vaTiety of SOUTces including local tnJ$ts, national tTU5ts and tn]sts established by cory¥)Eaie spollsors. A breakdown of these SOUT¢es of funding is shown in Dote 2 to the financial stslementy Fundit)g renjains & ¢onstant cballenge but the Trustees ￿lIeV¢ thmugh div¢rsifi¢atioo of fi]ndiD8 source5 is th¢ best way tts create stsbility. JnvestJneTrt policy #Ad objectives The Tnjsiees, haviog reg2rd to the liquidity rquircrnents of operating the ¢barbry. have kept avaiiablc fun& in a rescTVC accouni and will seek to achieve as high a rate of return on deposit as possible. Al the yeart available to mett the number of complexilies of all the cAs¢s - All volllnieers are carefully seleettd and attend an initial course of preparation. On-going training and supwrt must be provided io meei their needs. which develop over the Course of their WOTk with Home-srart Lambeth - All membeT5 of the Tnanagevnent cornmittee, staff and volunteers must be aware of and wot* within all policies such as equal oppornjniries, eonfidentialtry. child proteciiort. health & safety and the risk assessment - Home-start Larnbeth must retain cl(k%e links with HomeStsT4 the national org8nisation to obtsin training, infomatitsn and guidance_ Trustees and Staff During the year John wae￿er and Eva Wickham steppe41 down as trustees. both hve made an enomious conthbution to Home-siart Lambeth. li was great sadness thai we leamt of Eva's death in MarclL We hope tbat it gives bei family some Comfort ￿ know the 8Teat iTnpact her contribution to Home-start Lamb¢th had on th¢ liv¢s of vulnerable ¢hihlrEn. We rectuited Liuie Poulton as scheme Thanager in November 2019 aTwJ are grnteful for th¢ leadership 5h¢ has shown i extraordinarily diffJ¢ult times. Meli￿a Nicholls one of our long stsnding family co-ordinatOTS decided to pursu¢ her Interest in child psychotherapy. Wc thank Melissa for ber rnany years of bard work and dedi￿tiOn io Home-start Lambeth, We also said g(x)dbye io Abe Sampson our administr*ive assisiant and equally thank her for all her hard work oveT the years. In March Abigaile KaDini atfA)inted &s family co-ordinator fjlliThg the vac4Dcy ¢reaied by Nielissa's depotthre. In March 2021 Sophia SJTthOnS Stepped down as Chair. We tlwk her for all tr￿r hard work in briogjng the Charity to whtrt it is today REFERENCE AND ADMINISTRATIVE DETAIIS Registered Comp*ny rtumber 05363089 (England and Wales) Registered Charity number III2014 Registered office Unit 2 Holles House Overton Road London SW9 7AP Page 7 ME-START LAMBETH cisrERED NUMBER: 63 REP RT OF THE TR TEE R THE YEAR E DED 31 MARCH 202 Tru5tee5 Ms A L Alexander M BantLiSter Treasurer Ms D C Harris (appointed 71912020} (Tesigned 1516r2021) Ms E Holden Ms E Hook {appointed 719r2020) (Tesigned 18110r2021) Ms P J Jackson (appointed 161412020) E Khan18ppoinied 71912020) (Tesigned 7nn021) Ms S Prentice (appointed 71912020) (resig￿1 8110r2020) Ms S E SLtJ¢lair Ms S M SymoTrs (resigned 3113120211 MTS S HrabaT-Owens (appointed 1015f2WIII Company Setret•ry Ms P J Jackson Independent Examitstr Chariot House Lirnited Cbartered A¢¢outstants 44 Grand Parade Brighton East Sussex BN2 9QA Bankers Unity Trnst Bank POBOX 7193 Planetary Road Willenhall WVI 9DG Approved by order of the board of tn￿tteS on ...... .... . and signed on its Edalf by: abaT-Owtns- Tn￿tte Page 8 INDEP DENT EXAMINE ' TA TH TEE IAdependtnt examiner's report to the trustets of HoMe￿￿rtL￿mbtth fthe Company I report to the charity trustees on my examination of the accounts of the Company for the year erthAI 31 March 2021. Responsibilities and b*sis of report As the charitys ttuttees of the Company (8t)d ￿$0 its dirtttors for the purposes of company law} you are responsible for the preparation of the accounts in accordance with the requireynents of the Companies Act 2(K)6 Cthe 2(K)6 Acfj. Having satisfied rnyself that the accounts of the Company aTe ￿0t Tequired to be audited under Part 16 of the 2006 Act and are eliLnble for independent examination, J report in rest*ct of my examination of your clwity$ a￿oUnts as ¢arried out under section 145 of the ChaTiti&% Act 2011 Cthe 2011 Act?. In carrying ou¢ my examination I have followed thE Direciiojs given by the Charity Commission w)derseaion 145{5) (b} of th 2011 Aci. Indeptndent examiner's stattmt*i I have completed my examination. l ¢onfirn) r#) matters have to my attention in wnnection with the examination giving me Cause to believe= accounting records were not kept in Tespeu of the Company as required by section 386 of the 2C#J6 Act. or the accounts do noi accord wth thos¢ r¢¢ords; or the accounts do not comply with the accounting requiTements of section 396 of the 2006 Aci other than any r¢quirem¢nl that the accounts give a and fait view whi¢h is not a matter considered as pan of an independeDI examination- or the accounts have not be¢0 pr¢pared it) ac￿rdance with the methods and Pri￿]ple$ of the Statement of Re¢otntnended Practice for accounting armi reporting by ¢haritie5 (applicable to charit1¢5 preparing their accounts in accordance with the Financi￿ Re￿rtIng Standard applkcablc ID the UK and Republic of IrelaDd (FRS 102)}. I have rKS concern5 and have cotne acTOSS no other matters in connection with thc examination lo wbich attentioD should be drawn in this rtport in order ￿ enable a proper understanding of the accounts to be reachcd. k4L John Thacker FCA DChA Chariot House Linllted Chartered 44 Grand Parade Brighton East Sussex BN2 9QA Date.. Page 9 HO -START LAMB STATEMENT O FOR THE YE FINA DED IA IMAR TIVIT 2021 Totsl 2020 Total funds Unresiri¢*d fiLnd Restricted funds INCOME AND ENDOWMENTS FROM Donations and legacie5 43.625 158,485 202,110 118,203 CbAritsbl¢ A¢tivities ChaT?tsble Aclivity 2.797 10.705 13,502 3.889 Invesbnenl In￿Me Otber incorne 960 3,704 93 3.704 Total 51,086 169.190 220.276 122,185 EXPENDITURE ON Raising ￿ndS 1,650 1,650 Charit#blt #ttivities Charitable A¢tjVLty 41,368 169,190 210,558 156,083 Tot#1 43.018 169.190 212,208 156.083 NET INCOMEI(EXPENDITURE) 8.068 8,068 133,898) RECONCILIATION OF FUNDS Tolal fund5 brought forward 73.338 73,338 107,236 TOTAL FUNDS CARRIED FORWARD 81.4106 81,406 73.338 The t)otrs fomi part of tl¥ese financial siatemert Page 10 TART LAMBETH TERED MBER: BALA 31 MARCH 2021 2021 Total fuT 2020 To&1 funds Unre5tri¢wl tund Restricted funds Note5 FIXED ASSETS Tangible as5els ,389 CURRENT ASSETS Debtors Cash at bank and in hand 3.902 160.087 3,4)2 I￿.08? 914 108.196 163.989 163.989 109,110 CREDITORS Amounts filling dut within Im￿ year 10 (82.583) (82.583) {37.161) NET CURRENT ASSETS 81.406 81.406 71.949 TOTAL ASSETS LESS CURRErfr LIABILITIES 81,406 81,406 73,338 NET ASSETS 81.406 81.406 73,338 FUNDS Unresthcted funds 81.406 73.338 TOTAL FUNDS 81.406 73.338 The charitable company is eniitleo to exemptton from audii under Se¢iion 477 of th¢ Comp8nies Act 2006 for the year ended 31 March 2021. The members have not required th¢ ¢ompany to obtain an audit of its fitwict81 51ar¢m¢nrs for the year etxled 31 March 2021 irL accordaDce witb Section 476 of the Colnpanies Act 2(￿. Th¢ twst¢¢s acknowledge their re5p)fLSibilities for la) ensuring that lh¢ chaTitsble Company keeps a¢couThting re¢ords thai comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the statr of affairs of the charitable company as at the end of each financial year and of its SUTplus or dtfjcit for tach financial year in accordance with the requirement5 of Sections 394 395 and which otherwise COTnply with the requirements of the Companies Act 2006 relating ro financial s¢alemen￿. so far as applicable io the ¢haTitsble company. Ib) The nores fom) part of these financial Sthlen￿￿ts Pagell ntinueA... TART Is ERED BER: BALAN 31 MARCH 20 ET- ntin These financial statements have been pteparcd in accordartt with the provisions appli¢able to charitsblc Companies subjeci to the small ¢ompat)ies r¢gim¢. The stsiements were approved by the Board of Trustees and authoTised for i&%u¢ .. and were si8ncd on its bth8lf by: on S HrabarQweDs- T￿￿tee M Bannistrr- Tn￿lee The T￿leS fonn part of these financial ststrments Page 12 TE THE FINAN JAL TATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ccouKriNG POLICIES Basi5 of preparing tht finanti*l st*¢ements The financial siatements of the charitable company. which is a public benefft entity under FRS 102, have been prepared in accordance with the Chariii&s SORP (FRS 102) 'A¢coun¢ing ond Reporting by Charities.. Ststement of Recommended Practice applicable to ¢haTiti¢s preparing their accounts in accordance with the Financial RepoTtittg Stsndard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191., Financial Rcporting Standard 102 The Financial ReiM)rting Standard applicable in the UK and Republic of Ireland, and the Companies Au 2006. The fu)ancial swements have been ￿epared uttder tbe historical cosi convention. The tnjsiees consider that there are mat￿181 uDcertaJntJes about the charitys abtlity to C0fttin￿t as a going Concern. The trustees consider thar the Covid-19 pandemic will not have a Si￿1r1c&Trt impact on the Charit￿$ ¢OTe funding. Incomt from tradin8 activitics is expected to rtduce due to iht lockdown conditions and steps art bting taken to make cost sawngs. The tnjsiees ttgard any impact to bc short terrn rdther than affecting the charity's ability to continue &s a going concern. There are no matrial uncertainties affecting the current yeavs accounts. Jneome In¢ome 15 ￿0&￿Sed wh¢n th¢ ¢hariry ha5 eniidemeni to the funds. any p￿rf0M￿)cc ￿n￿"tionS attached to the incoTne have been Tnti it is probable thai the incom¢ will b¢ ￿¢1V¢d and that th¢ amount rneasured reliably. Income froTn govemmertt athd other whether 'capital' Srdnts or kvenue, grdnts. 15 re£o8n15ed when the charity has entltlement to the funds. any pcrfonnance ¢onditions atta¢hed to the 8raots have b¢¢n me¢ it is probable that the income will be received and the amount can ￿ measured reliably and is not dtferred. Voluntary incoTne 1$ received by way of do￿tionS and gifts and is included tn full in the statement of financial activities when receivable. Revenue grants are ¢reth"t¢d to the ststement of finoDcia] activities when ￿tive￿j or teceivable whi¢h¢ver is earlier. Where unconditional entitltrnent to grants receivable 1$ dependent up)t) fvlfilment of conditions within the chari￿5 control. the incoming resowces are recognised wben there LS suffickeDt eviderKe that conditions will bE mti. Whert there is uncert2inty as io whether Ihe chanty meet such conditions the incorning resoutte Is dtferrtd. Income generated from the supply of goo￿ or services is included in the statement of financial aetivitics in the period in which the supply is made. For legaci&s, entitlement is tsken as the eaTlier of= - the date on which the ¢han"ty is aw8Te probat¢ has bttn ￿ted. - the estate has been fin￿L$ed and notification has been mad¢ by th¢ ¢xe¢utorfs) w the charity that a disrributhon will be ll)ade.' or - when a distribution is received from the e51ate Receipt of 2 legacy, In whole or in parl is only consideTrd probable Wh￿ the amounl can k Tneasured reliably a￿[ the charity has Ecen I￿tified of the exetutoes LDtentioD io make a distributioa. EXpe￿dI￿r£ Liabilities ar¢ recognised &s expenditure &5 soon as iheTe is a legal or ¢onstru¢t)VF obligation ctsinmitling ihe charity to tbat expeThdifure. Lt is probable that a transfrr of economic benefits will bé required In sertlemeni at)d the amouni of ihe oblig*ion can be MeaSL￿ed rtliably. Expendimre is accounted for on an accTua15 basis and has been classified under heading5 that aggregaie OU Cost relatrd io the category. Where costs cannot be ditecily attributed to particular hEadings they have F*en allwred io a¢tiwiies on a basis ￿nSiSte￿I wilh ihe use of resourctt. Page 13 Corttirtued... HOME TART LAMBETH TE THE FINAN TATEMEN FOR THE YEAR ENDED 31 MARCH 2021 Dtin ACCOUNTtNG POUCIES- eoiitinued Tangible fixed 9sset$ Depreciation is provid￿ at the following annual rates in order to write off ea¢h a8get over its estimated useful life. Fixtures and fittings Computer equipment 25% on cost 33V• Ort cost Tax*tion The Chariry is considered to pass the ttsts set oui in P)tagrnph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK Corpordtion Tax purpose5. A¢¢ordingly the Charity is potentially exempt from taxatioD in respeci of iTKome or capital gaitis Te¢eived within categories covered by Chapler 3 Part I I Ctsrpordiion Tax Aci 2010 or Secnon 256 of the Taxation of Chargeable G&irts Aci 1992, to the extetit tbai su¢h income or gains are applied exclusively io Ch￿itablePutp0Ses. Fund aceount5ng Unr¢sirict¢d funds Can be used in acco￿ with the charitsble objectsves * the discretion of the tTUStees. Restri¢trd fijnds can only be used for particular ￿striCted PUTtK)ses within the objects of th¢ ¢harity. R¢stri¢iions arise when specified by the douoroT when fimds are raised for particular restri¢t¢d purposes. Further explaDation of the nanjff a]xl purpose of ea¢h fijnd is in th¢ not¢s to the fLnaThcial statements. Pension Costs and otber Post￿etIrement benefits The charitable comparty opeTatrS a defjned CDthtribuLion ptAsion scheme_ Corttributions payable to the charitable ¢ompanls pensioft schcrne cbar8ed to Staternent of Financial Acttvitie5 in tbe to which tbey rejale. DONATIONS AND LEGACILS 2021 2020 Donatio Grants 10,759 191.351 920 117.283 202.110 118203 Pa8e 14 continued... HOME- TART LAMBETH NOTE THE FINANCIAL STA TETrTENTS- conti FOR THE YEAR ENDED 31 MARCH 20ZI DONATIONS AND LEGACIES- Grallis rtteived. included in the above. are as follows: 2021 2020 Children In Need Help For Children Henry Smith Charity London CommunLty Walcor Foundation Lambeth NHS National Lottery Gr¢ggs Foundation University of Greenwich P Minet Trust Hyrnan Roberts Sylvia Adams Bulldog Tnjst Londott South Ullkv¢rsity 26,047 23.463 22500 7.975 34,413 10.370 49553 37.260 33.940 30,000 5.0 4,166 1.250 1,667 2.000 2.000 2.700 3.964 7CK> 191,351 117.283 INVLSTMENT INCOME 2021 2020 Deposit account interest 93 NET IIYCOMEI(EXPENDITURE) Nei inc0mej(￿peMd1tyre) is stared afterchargrnvAcrediting).' 2021 2020 DepTe¢iaiion - owned assets Indeperbdent examination fee 1.389 2.880 2.880 TRUSTEES, REMUNKRATJON AND BENEFITS There were no twste¢5' remuneration or benefits foT year ended 31 March 2021 nor for the year ended 31 MaTch 2020. Durin8 the year a total of £12