## _**Home-Start West Somerset**_ _**A Company limited by Guarantee Registered number 5646970**_ _**Registered Charity Number 1113944**_ _**Financial Statements For the year ended 31 March 2023**_ _Overstream Tax and Accounting PO Box 76 Minehead TA24 9AR_ ## _**HOME-START WEST SOMEREST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**_ |_Contents_
_Report of the Trustees_
_Independent Examiner’s report_
_Statement of financial activities_
_Balance sheet_
_Notes to the Financial Statements_|_Page_
_1 – 4_
_5_
_6_
_7_
_8 - 12_| |---|---| # _**HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**_ _**(This report includes matters required to be given in a Report of Directors under the Companies Acts)**_ _The Trustees present their Annual Report with the accounts of the charity for the year ended 31 March 2023. In the completion of this report the Trustees have complied with their duty under the 2011 Charities Act and have considered the guidance published by the Charity Commissioners._ ## _**Reference and Administrative Details of the Charity, its Trustees and Advisors**_ _**Full Name**_ _Home-Start West Somerset_ _**Charity Registration Number**_ _**Company Registration Number**_ _**Date of Incorporation**_ _**Transfer of activities from Charity**_ _1113944 5646970 7 December 2005 19 July 2006_ _**Registered Office**_ _Alcombe Children’s Centre, Stephenson Road, Minehead, Somerset TA24 5EB_ _**Accountants**_ _Overstream Tax and Accounting, PO Box 76, Minehead, TA24 9AR_ _**Bankers**_ _CAF bank Ltd, 25,Kings Hill Avenue, Kings Hill, West Malling,Kent, ME19 4JQ TSB Banking Group plc, 19 The Parade, Minehead, Somerset TA24 5LU_ ## _**Directors and Trustees**_ _The Directors of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as Trustees. The Trustees who served during the year were:_ _PJ Allen (Treasurer) A Bernard James Waller (Chairman) Karen Bass Catherine Rayner Elaine Keen Joy Roscoe Tony Jones Mike O’Keefe Sarah Wood Pippa Prideaux Dawn Carter Linda Dibble Sarah Connolly_ _1_ _**HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**_ _**(This report includes matters required to be given in a Report of Directors under the Companies Acts)**_ ## _**Structure, Governance and Management**_ ## _**Background Information**_ _Home-Start West Somerset was incorporated as a charitable company on 7 December 2005 and took over the activities, assets and liabilities of the registered charity Home Start West Somerset (charity number 1093867) on 19 July 2006._ ## _**Governing document**_ _Home-Start West Somerset is a company limited by guarantee governed by its Memorandum and Articles of Association dated 6 December 2005 and adopted on 18 July 2006. It is registered as a charity with the Charity Commission. Anyone may become a member of the Company subject to approval by the Trustees. Each member agrees to pay up to £1 towards the cost of dissolution and any liabilities incurred by the charity in the event of it winding up._ ## _**Appointment of trustees**_ _No person other than a Member of the Company may be appointed a Trustee. The Trustees shall number at least five and no more than twelve persons. One third of the Trustees retire by rotation at each AGM and are eligible for re-election. The Members elect persons to be Trustees to fill the vacancies arising._ ## _**Objectives and Activities**_ _The Objects of the Charity are:_ - _to safeguard, protect and preserve the good health, both mental and physical of children and parents of children;_ - _to prevent cruelty to or maltreatment of children;_ - _to relieve sickness, poverty and need amongst children and parents of children;_ - _to promote the education of the public in better standards of childcare_ _within the area of West Somerset and its environs.,_ _These objects are achieved through a variety of services, but mainly through the home visiting service. Support is given to families in their own homes by trained volunteers._ ## _**Achievements and Performance**_ ## _**Quality Assurance**_ _Home-Start West Somerset continues to work through Home-Start UK’s ongoing programme of self assessment, through a series of bi-monthly meetings with staff and trustees and 3 yearly external assessment by Home-Start UK. This allows the scheme to recognise good practice and identify areas for development. In the year 2013 the scheme was externally assessed on all 12 Quality Assurance standards and fully met all criteria, (providing evidence for all 182 performance indicators) and therefore achieving 100% success. This Quality Assurance continues and is an active part of the Safeguarding and Quality Assurance panel. We were inspected In October 2017 and achieved Good Working Practice with a result of 98%._ _2_ _**HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**_ ## _**(This report includes matters required to be given in a Report of Directors under the Companies Acts)**_ ## _**Range of activities**_ _The range of support for families throughout the year has included:_ - _Bump-Start – we offer support to all expectant parents across Somerset, including Real Birth Workshop, Solihull Approach, Parent Craft._ - _Bump-Start_ - _Story-Start_ - _Baby-Start_ - _Home visiting by our trained volunteers._ - _Baby Massage_ - _Tuning Into Kids_ - _Tots Talking_ - _Songs & Stories_ - _Full Tummies_ - _Dad Matters_ - _Shine_ ## _**Training**_ _New volunteers were recruited and took part in the volunteer preparation course during the year. An ongoing programme of training, supervision and appraisal for volunteers and staff has continued throughout the year. Training has included Story Start training, Bump to Baby sessions, first aid, child protection and safeguarding and School Readiness._ ## _**Financial Review**_ ## _**Reserves policy**_ _The Trustees consider that a certain level of reserves are required to ensure that commitments may be met should funding be delayed or cease. Reserves of £60,000 are therefore maintained to cover the cost of the following quarter’s salaries and premises costs should funding be delayed or the cost of redundancy and rent should the charity cease its activities. All other funds available are to be used in furtherance of the charity’s objectives._ _The charity currently holds two types of fund:_ - _General Unrestricted Charitable Funds which are used to meet the objects of the charity as required, and_ - _Restricted Funds which are used according to the specific requirements of the funder or donor._ _3_ ## _**HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023**_ ## _**(This report includes matters required to be given in a Report of Directors under the Companies Acts)**_ ## _**Financial Review (cont’d)**_ _Substantial assistance was received from the following:-_ _The Dorothy Whitney Elmhirst Trust National Lottery Reaching Communities Fund Somerset Community Foundation West Somerset Opportunity Area West Somerset District Council Somerset Association Sports Partnership Home-Start UK Co-Op Luxborough Carol Singers Rotary Club of Minehead Brushford PCC Masonic Lodge_ _Friends of Home-start West Somerset continue to provide financial support._ _The trustees are grateful to all of the financial supporters and donors._ ## _**Small Company Provisions**_ _The Trustees Report is prepared in accordance with the special provisions for small companies, Companies Act 2006._ _Approved by the trustees on and signed on their behalf_ _James Waller Chairman_ _4_ _Home-Start West Somerset_ ## _Independent Examiner’s report to the Trustees of Home-Start West Somerset_ _I report on the accounts for the year ended 31 March 2023, which are set out on pages 6 to 12._ ## _**Respective responsibilities of trustees and examiner**_ _The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed._ _It is my responsibility to:_ - _examine the accounts under section 145 of the 2011 Act;_ - _to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and_ - _to state whether particular matters have come to my attention._ ## _**Basis of independent examiner’s report**_ _My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 you as trustees concerning 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 examiner’s 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 2011 Act; and_ - _to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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._ _Nick Shattock Overstream Tax and Accounting PO Box 76 Minehead TA24 9AR_ _15 August 2023_ _5_ ## _Home-Start West Somerset_ _Statement of financial activities and Income and Expenditure Accounts Year to 31 March 2023_ |_Note_
_Incoming resources_
_Grants_
_Donations_
_Fundraising_
_Bank interest_
_Total incoming resources_
_Resources expended_
_3_
_Staff costs_
_Volunteer costs_
_Administration_
_Premises costs_
_Governance costs_
_Total resources expended_
_Net incoming resources for the year_
_Movement in funds_
_Total funds brought forward_
_Total funds carried forward_|_Unrestricted_
_19,559_
_15,163_
_7,752_
_454_
_42,928_
_56,155_
_1,580_
_5,020_
_1,197_
_100_
_64,052_
_-21,124_
_63,763_
_42,639_|_Restricted_
_152,500_
_152,500_
_84,946_
_12,261_
_13,983_
_4,946_
_200_
_116,336_
_36,164_
_80,979_
_117,143_|_year ended_
_31 March 2023_
_172,059_
_15,163_
_7,752_
_454_
_195,428_
_141,101_
_13,841_
_19,003_
_6,143_
_300_
_180,388_
_15,040_
_144,742_
_159,782_|_year ended_
_31 March 2022_
_102,091_
_20,762_
_2,248_
_21_
_125,122_
_109,854_
_11,957_
_24,538_
_8,524_
_410_
_155,283_
_-30,161_
_174,903_
_144,742_|_year ended_
_31 March 2022_
_102,091_
_20,762_
_2,248_
_21_
_125,122_
_109,854_
_11,957_
_24,538_
_8,524_
_410_
_155,283_
_-30,161_
_174,903_
_144,742_| |---|---|---|---|---|---| ||||||| ||||||| ||||||_109,854_
_11,957_
_24,538_
_8,524_
_410_
_155,283_| ||||||_-30,161_
_174,903_| ||||||_144,742_| _6_ _Home-Start West Somerset_ ## _Balance Sheet as at 31 March 2023_ |_Fixed assets_
_Tangible Assets_
_Current Assets_
_Cash in hand and at bank_
_Creditors_
_Amounts falling due within one year_
_Creditors and Accruals_
_Net Current Assets_
_Total Assets less current Liabilities_
_Funds of the Charity_
_Restricted funds_
_General Fund_|_Note_
_4_
_207,427_
_5_
_49,782_
_6_|_2023_
_2,137_
_197,455_
_53,542_
_157,645_
_159,782_
_117,143_
_42,639_
_159,782_|_2022_
_829_
_143,913_
_144,742_
_80,979_
_63,763_
_144,742_| |---|---|---|---| _For the year in question the company was entitled to exemption from an audit under Section 477(1) of the Companies Act 2006. No notice has been deposited under Section 476 of the Act in relation to the accounts for the financial year. The trustees acknowledge their responsibilities for:_ - _a) Ensuring the company keeps accounting records which comply with Section 386 of the Companies Act 2006; and_ - _b) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the year, and of its surplus or deficit for the year in accordance with the requirements of Section 393 of the Companies Act 2006, and which otherwise comply with the requirements of the Act relating to accounts so far as applicable to the company._ _The accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies, and the Financial Reporting Standard for Smaller Entities (effective April 2008)._ _James Waller …….……………………………………….. Chairman_ _P J Allen ……………………………………………. Treasurer_ _The notes on pages 8 to 12 form part of these Accounts_ _7_ _Home-Start West Somerset Notes to the Accounts for the year ended 31 March 2023_ ## _1 Companies Act 2006_ _The Company is a registered charity (registered number 05646970) incorporated under the Companies Act 2006 being a company limited by guarantee and not having a share capital. The liability of each member in the event of winding up is limited to £1.00. Upon winding up or dissolution of the company, no member has any right to receive any distribution or share of the reserves._ _The financial statements have been prepared in accordance with applicable accounting standards the Statement of Recommended Practice, ‘Accounting and Reporting of Charities (SORP 2015)’ issued in July 2014 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006._ ## _2 Accounting policies_ ## _a. Basis of accounting_ _The accounts have been prepared under the historical cost convention._ ## _b. Fund accounting_ _Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity to the extent that they have not been designated for other purposes._ _Designated funds are set aside within the restricted funds of the charity in order to account for separate funding arrangements and areas of charitable activity._ _Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors for particular purposes. Any costs of administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the accounts._ ## _c. Incoming resources_ _Grants are accounted for in the financial year in which they are received, except where a donor has imposed restrictions for use (e.g. the receipt in advance of a grant for expenditure in a future accounting period)._ _Donations and bequests are included as income when received. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers._ _8_ _Home-Start West Somerset Notes to the Accounts for the year ended 31 March 2023_ ## _d. Resources expended_ _All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Any irrecoverable VAT is included as part of the cost to which it relates._ ## _e. Tangible fixed assets_ _In accordance with the requirement of the Companies Act 1985 depreciation is provided at the following rates in order to write off each asset over its estimated useful life as follows:_ _Office equipment - 25% reducing balance basis_ ## _f. Liabilities_ _All liabilities are recognised as they arise or on notification and are all due for settlement within one year unless stated otherwise._ ## _g. Taxation_ _The charity’s activities fall within its primary charitable objectives and are therefore exempt from taxation under Sections 466 to 493 Corporation Tax Act 2010._ _9_ _Home-Start West Somerset_ ## _Notes to the accounts for the year ended 31 March 2023_ ## _3. Resource expended by fund_ |_3. Resource expended by fund_|||||||| |---|---|---|---|---|---|---|---| |_Staff costs_
_Salaries and pension costs_
_Organiser expenses_
_Organiser training_
_Recruitment_
_Volunteer costs_
_Volunteer expenses_
_Volunteer training_
_Other_
_Welfare costs_
_Family resources_
_Administration_
_Insurance_
_Printing, postage and stationery_
_Advertising_
_Bank charges_
_Home start fee_
_Telephone_
_IT costs_
_Depreciation_
_Repairs and maintenance_
_Sundry_
_Premises_
_Rent and rates_
_Utilities_
_Cleaning_
_Depreciation_
_Governance costs_
_Committee and AGM expenses_
_Accountant's report_
_Total_|_Unrestricted_
_54,957_
_792_
_316_
_90_
_56,155_
_666_
_218_
_696_
_1,580_
_1,827_
_892_
_10_
_494_
_1,163_
_448_
_183_
_3_
_5,020_
_566_
_631_
_1,197_
_100_
_100_
_64,052_|_Restricted_
_78,267_
_4,372_
_1,986_
_321_
_84,946_
_1,238_
_439_
_10,584_
_12,261_
_997_
_2,034_
_3,471_
_90_
_2,158_
_1,849_
_2,137_
_425_
_812_
_10_
_13,983_
_4,000_
_946_
_4,946_
_200_
_200_
_116,336_|_year ended_
_31 March 2023_
_133,224_
_5,164_
_2,302_
_411_
_141,101_
_1,904_
_657_
_11,280_
_13,841_
_997_
_3,861_
_4,363_
_100_
_2,652_
_3,012_
_2,585_
_425_
_995_
_13_
_19,003_
_4,566_
_1,577_
_6,143_
_300_
_300_
_180,388_|_year ended_
_31 March 2022_
_104,172_
_3,490_
_642_
_1,550_
_109,854_
_1,715_
_42_
_421_
_816_
_8,963_
_11,957_
_986_
_2,526_
_3,846_
_3,906_
_2,633_
_3,373_
_6,662_
_606_
_24,538_
_5,221_
_1,142_
_621_
_1,540_
_8,524_
_110_
_300_
_410_
_155,283_|||| ||||||||| ||||||||| ||||||_1,715_
_42_
_421_
_816_
_8,963_
_11,957_
_986_
_2,526_
_3,846_
_3,906_
_2,633_
_3,373_
_6,662_
_606_
_24,538_
_5,221_
_1,142_
_621_
_1,540_
_8,524_
_110_
_300_
_410_
_155,283_|_1,715_
_42_
_421_
_816_
_8,963_
_11,957_|_1,715_
_42_
_421_
_816_
_8,963_| |||||||_986_
_2,526_
_3,846_
_3,906_
_2,633_
_3,373_
_6,662_
_606_
_24,538_|| ||||||||_5,221_
_1,142_
_621_
_1,540_| ||||||||_8,524_| _10_ _Home-Start West Somerset_ _Notes to the accounts for the year ended 31 March 2023_ ## _4. Tangible assets_ |_Cost_
_As at 31 March 2022_
_Additions_
_As at 31 March 2023_
_Depreciation_
_As at 31 March 2022_
_Charge for period_
_As at 31 March 2023_
_Net book value_
_As at 31 March 2023_
_As at 31 March 2022_
_5. Creditors_
_Income in advance_
_HMRC - PAYE_
_Accountant's report_|_Office equipment_
_Unrestricted_
_7,543_
_7,543_
_6,714_
_6,714_
_829_
_829_|_Restricted_
_1,969_
_1,733_
_3,702_
_1,969_
_425_
_2,394_
_1,308_
_0_
_2023_
_49,482_
_300_
_49,782_|_Total_
_9,512_
_1,733_
_11,245_|_Total_
_9,512_
_1,733_
_11,245_| |---|---|---|---|---| |||||| ||||_8,683_
_425_
_9,108_
_2,137_
_829_
_2022_
_51,523_
_1,719_
_300_
_53,542_|_8,683_
_425_
_9,108_| |||||_2,137_| _11_ ## _Home-Start West Somerset_ ## _Notes to the accounts for the year ended 31 March 2023_ ## _6. Funds_ |_6. Funds_|| |---|---| |_At 01/04/22_
_Incoming_
_Outgoing_
_resources_
_resources_
_Restricted funds_
_80,979_
_152,500_
_116,336_
_General fund_
_63,763_
_42,928_
_64,052_
_Total funds_
_144,742_
_195,428_
_180,388_
_7. Staff costs_
_2023_
_2022_
_No employees received emoluments and pension contributions above £60,000._
_Average number of employees_
_10_
_8_
_Average number of full-time equivalent employees_
_6_
_5_|_At 31/03/23_
_117,143_
_42,639_
_159,782_| ||| |_8. Trustees' emoluments_||| |---|---|---| |_Trustees undertake to serve the charity on a voluntary basis and are not remunerated._||| |_9. Accountancy_|_2023_|_2022_| |_Fees in respect of Accountant's Report_|_300_|_300_| _12_