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2024-03-31-accounts

HTrME STRT Home-start West Somerset Annual Review Se Home-start West Somerset supported and helped 605 families t 2023- Se t 2024 605 families West Somerset Our solution: making early years count Today, families face more How we do it: Helping pressures than ever. And the parents be the best they services that could help them can be. There's nojudgement, are stretched or non-existent. just compassionate, Without stable homes, young confidential help and expert children won't build the support. Starting in the foundations they need to thrive home, our approach is as as adults. We work alongside individual asthe families parents to help them regain we work with. their confidence. Our challenge: childhood can't wait. f¥." Home-start West Somerset 15 a local community network of trained volunteers and expert 5UPPOrt helping familie5 Wlth young children through challenging times. That means we're there for parents when they need us most, because childhood can't wait. We are parents supporting parents jj (As a single mother of three, I found myself in quite a difficult situation having not long lost my Children's fatherto a heart attack. I was struggling financially and mentally and didn't know where to turn. I was lost and depressed and felt alone. I was referred to Home-start and was allocated a lovely volunteer who supported me weekly with in-person visits and a wealth of local knowledge. Not only did I feel heard, but I had trust in someone who knew what further help and support was available to me. ,iii 66 l am a thriving single mum who has embarked on a great healing journey has faith in the community that surrounds her and a new sense of purpose knowing that I can, and I will accomplish what I set my heart on. l am forever grateful forthe help and support I have received and will continue to referto Home-start as the basis for my success. Offering Support, friendship and practical help to families withyoung children in their own home.... Family Activity Groups: A variety of fami ly led-activities, f rom family cooking, getting outside with babies and young children to Story- Start, supporting parents to read with their babies andyoung children. Our future: more help for families Parenting Skills improved from 77% to90% arents wellbeing improved from 63 % to 88%1 Childs well-being improved by 87 % to 97 % 247 Our woth Ma￿ a vtsl d￿￿￿en￿ to hu￿)redS of families across West )merseL The wotk of Hom&Stsrt West k)merset has never been more essential and imrthant. HPC Sometset Comnwnity Community Fund Foundation eDF Somerset Council MONTESSORI COMMUNrrY FUND

P4ME STRT Home-start West Somerset Annual Review Se t 2023- Se t 2024 Baby Massage tliscover the amazing benefits of baby massage led by certified instructors and make lasting friendships. Baby-start A Montessori Inspired Progrèmme for Families W￿¢h Babies o-ts months homestart-westsomerset.org.u 50 57 Through our Bump-start programme, we offer expectant parents knowledge, empowerment and skills to 5UPPOrt their new family. This is offered through a variety of antenatal workshops, I'.1 encouragement and postnatal baby groups. umpstatt. Due to reflux my daughter struggles with being laid flat, Caroline was Iways calm and reassuring if she got upset.? ? This group has been the highlight of my weekl We absolutely love it. It has given us so many ideas of things to do at home and my baby really enjoys the activities. I love that the group is small and have some similar activities each week, such as songs and stories. I wish it could continue forever, thank you Hayley. The massage was a great way to bond with my I baby and she really enjoys what I have learnt and we really enjoy our moments together. ?? ?? It was good to have someone e and my baby have loved the sessions with independent I could easily cali << M A T T E R S Hayley. My baby loved the interactions with songs and on, where the focus was on me play. This has given me so much confidence with as an individualcoping as a Dad, ¢¥d... playing) and I have been surprised by the great and who would not judge. handouts from each session. We will continue to use everything we have learned forever. Thank you, I wish Dad Matters was the only one around I felt was on my side and It was continuing and not sure what to do after. could talk to. (M Supporting dadsto havethe best possi ble relationships with theirfamilies 61 felt very good during the Real Birth sessions, I could ask any questions I wanted, there was a lot of useful knowledge about the process during birth and well-being during pregnancy. 45 Tuning in to ?? Kidsil - (. 6 Real Birth sessions helped my confidence in preparing for the baby and how to care forthem. It also gave me a good insight into birth and. what to really expect.? ? Incieased confidence in their parenting improved from Improved well-being of A parenting programme designed to help parentsconnectwith their child and expresstheir emotions in an acceptableway. very week I noticed the changes in myself and then the change in my parenting. Each session left me feeling uplifted and inspiredl ? ? It ha5 given me a new perspective on how to manage our emotions as a family in a more posltive way. 11 *suwport group for parents of children with Special Education Needs and disabilities 63% to95% Meeting other parents and children on a similarjourney to ourselves. Being able to develop knowledge and skills to help my family. Feeling really seen, heard and taken 6 C I have used emotion seriously. I valued the speakers and coaching for the children, their friendly expertise. and it really works!! It { £ Connecting with other SEND helps me to parent well parents I I and feel proud to help my boys. ?? The positive impact on Homelife improved from The progress and development of their chi Id improved from ?? I ncreased conf idence in their parenting improved from I mproved well-being of the parents improved from The positive impact on Homelife improved from e progress an eve opmen of their child improved from 40% to80% 47%to87% 30

Home-Start West Somerset

A Company limited by Guarantee Registered number 5646970

Registered Charity Number 1113944

Financial Statements

For the year ended 31 March 2024

Overstream Tax and Accounting The Lighthouse Doverhay Porlock TA24 8LJ

HOME-START WEST SOMEREST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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 2024

(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 2024. 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, The Lighthouse, Doverhay Porlock, Somerset TA24 8LJ

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 Joy Roscoe Sarah Wood Pippa Prideaux Dawn Carter Linda Dibble Dawn Carter Ralph Gale Dian Binding

1

HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

(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:

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 external assessment by Home-Start UK. This allows the scheme to recognise good practice and identify areas for development. Quality Assurance and its governance continues and is an active part of the Safeguarding and Quality Assurance panel.

2

HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

(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:

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.

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:

3

HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

(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 (various) Montessori Tesco Somerset County Somerset Public Health SASP Sainsburys Albert Trust Brushford PCC Inner Rooms, Minehead

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 2024, 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:

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:

have not been met; or

Nick Shattock Overstream Tax and Accounting The Lighthouse, Doverhay Porlock TA24 8LJ

5

Home-Start West Somerset

Statement of financial activities and Income and Expenditure Accounts Year to 31 March 2024

Note
Incoming resources
Grants
Donations
Fundraising
Bank interest
Total incoming resources
Resources expended
3
Staff costs
Volunteer costs
Service delivery 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
13,000
10,315
6,390
1,860
31,565
64,261
1,125
903
4,112
1,688
100
72,189
-40,624
42,639
2,015
Restricted
89,270
3,945
4,609
759
98,583
96,079
3,604
13,725
11,235
7,191
200
132,034
-33,451
117,143
83,692
Restricted
89,270
3,945
4,609
759
98,583
96,079
3,604
13,725
11,235
7,191
200
132,034
-33,451
117,143
83,692
year ended
31 March 2024
102,270
14,260
10,999
2,619
130,148
160,340
4,729
14,628
15,347
8,879
300
204,223
-74,075
159,782
85,707
year ended
31 March 2024
102,270
14,260
10,999
2,619
130,148
160,340
4,729
14,628
15,347
8,879
300
204,223
-74,075
159,782
85,707
year ended
31 March 2023
172,059
15,163
7,752
454
195,428
141,101
3,843
9,998
19,003
6,143
300
180,388
15,040
144,742
159,782
year ended
31 March 2023
172,059
15,163
7,752
454
195,428
141,101
3,843
9,998
19,003
6,143
300
180,388
15,040
144,742
159,782
141,101
3,843
9,998
19,003
6,143
300
180,388
15,040
144,742
159,782

6

Home-Start West Somerset Balance Sheet as at 31 March 2024

Fixed assets
Tangible Assets
Current Assets
Cash in hand and at bank
Prepayments
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
5
6
95,858
400
96,258
13,484
2024
2,933
207,427
49,782
82,774
85,707
83,692
2,015
85,707
2023
2,137
157,645
159,782
117,143
42,639
159,782

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:

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 2024

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 2024

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

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 2024

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
Welfare costs
Family resources
Service delivery costs
Service delivery costs
Administration
Insurance
Printing, postage and stationery
Advertising
Bank charges
Home start fee
Telephone
IT costs
Subscriptions
Depreciation
Repairs and maintenance
Sundry
Premises
Rent and rates
Cleaning
Governance costs
Accountant's report
Total
Unrestricted
63,080
872
194
115
64,261
858
85
70
112
1,125
903
78
1,354
258
7
557
1,156
286
374
39
3
4,112
837
851
1,688
100
72,189
Restricted
89,636
4,811
1,221
411
96,079
1,596
170
142
1,696
3,604
13,725
1,194
1,508
1,004
53
2,961
1,838
1,362
1,033
100
172
10
11,235
5,916
1,275
7,191
200
132,034
year ended
31 March 2024
152,716
5,683
1,415
526
160,340
2,454
255
212
1,808
4,729
14,628
1,272
2,862
1,262
60
3,518
2,994
1,648
1,407
100
211
13
15,347
6,753
2,126
8,879
300
204,223
year ended
31 March 2023
133,224
5,164
2,302
411
141,101
1,904
657
1,404
3,965
9,876
997
3,861
4,363
100
2,652
3,012
1,263
1,322
425
995
13
19,003
4,566
1,577
6,143
300
180,388
1,904
657
1,404
3,965
9,876
997
3,861
4,363
100
2,652
3,012
1,263
1,322
425
995
13
19,003
4,566
1,577
6,143
300
180,388
1,904
657
1,404
3,965
9,876
997
3,861
4,363
100
2,652
3,012
1,263
1,322
425
995
13
19,003
1,904
657
1,404
3,965
9,876
4,566
1,577
6,143

10

Home-Start West Somerset

Notes to the accounts for the year ended 31 March 2024

4. Tangible assets

Cost
As at 31 March 2023
Additions
As at 31 March 2024
Depreciation
As at 31 March 2023
Charge for period
As at 31 March 2024
Net book value
As at 31 March 2024
As at 31 March 2023
5. Creditors
Income in advance
HMRC - PAYE
Accountant's report
Office equipment
Unrestricted
7,543
7,543
6,714
6,714
829
829
Restricted
3,702
896
4,598
2,394
100
2,494
2,104
1,308
2024
10,800
2,684
13,484
Total
11,245
896
12,141
Total
11,245
896
12,141
9,108
100
9,208
2,933
2,137
2023
49,482
300
49,782
9,108
100
9,208
2,933
2,137

11

Home-Start West Somerset

Notes to the accounts for the year ended 31 March 2024

6. Funds
Restricted funds
General fund
Total funds
7. Staff costs
At 01/04/23
117,143
42,639
159,782
Incoming
resources
98,583

31,565
130,148

2024
Outgoing
resources
132,034
72,189
204,223
2023
At 31/03/24
83,692
2,015
85,707

No employees received emoluments and pension contributions above £60,000.

Average number of employees 8 10
Average number of full-time equivalent employees 5 6

8. Trustees' emoluments

Trustees undertake to serve the charity on a voluntary basis and are not remunerated.

9. Accountancy
Fees in respect of Accountant's Report
2024
300
2023
300

12

Home-Start West Somerset

A Company limited by Guarantee Registered number 5646970

Registered Charity Number 1113944

Financial Statements

For the year ended 31 March 2024

Overstream Tax and Accounting The Lighthouse Doverhay Porlock TA24 8LJ

HOME-START WEST SOMEREST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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 2024

(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 2024. 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, The Lighthouse, Doverhay Porlock, Somerset TA24 8LJ

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 Joy Roscoe Sarah Wood Pippa Prideaux Dawn Carter Linda Dibble Dawn Carter Ralph Gale Dian Binding

1

HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

(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:

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 external assessment by Home-Start UK. This allows the scheme to recognise good practice and identify areas for development. Quality Assurance and its governance continues and is an active part of the Safeguarding and Quality Assurance panel.

2

HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

(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:

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.

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:

3

HOME-START WEST SOMERSET REPORT OF THE TRUSTEES WITH THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

(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 (various) Montessori Tesco Somerset County Somerset Public Health SASP Sainsburys Albert Trust Brushford PCC Inner Rooms, Minehead

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 2024, 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:

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:

have not been met; or

Nick Shattock Overstream Tax and Accounting The Lighthouse, Doverhay Porlock TA24 8LJ

5

Home-Start West Somerset

Statement of financial activities and Income and Expenditure Accounts Year to 31 March 2024

Note
Incoming resources
Grants
Donations
Fundraising
Bank interest
Total incoming resources
Resources expended
3
Staff costs
Volunteer costs
Service delivery 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
13,000
10,315
6,390
1,860
31,565
64,261
1,125
903
4,112
1,688
100
72,189
-40,624
42,639
2,015
Restricted
89,270
3,945
4,609
759
98,583
96,079
3,604
13,725
11,235
7,191
200
132,034
-33,451
117,143
83,692
Restricted
89,270
3,945
4,609
759
98,583
96,079
3,604
13,725
11,235
7,191
200
132,034
-33,451
117,143
83,692
year ended
31 March 2024
102,270
14,260
10,999
2,619
130,148
160,340
4,729
14,628
15,347
8,879
300
204,223
-74,075
159,782
85,707
year ended
31 March 2024
102,270
14,260
10,999
2,619
130,148
160,340
4,729
14,628
15,347
8,879
300
204,223
-74,075
159,782
85,707
year ended
31 March 2023
172,059
15,163
7,752
454
195,428
141,101
3,843
9,998
19,003
6,143
300
180,388
15,040
144,742
159,782
year ended
31 March 2023
172,059
15,163
7,752
454
195,428
141,101
3,843
9,998
19,003
6,143
300
180,388
15,040
144,742
159,782
141,101
3,843
9,998
19,003
6,143
300
180,388
15,040
144,742
159,782

6

Home-Start West Somerset Balance Sheet as at 31 March 2024

Fixed assets
Tangible Assets
Current Assets
Cash in hand and at bank
Prepayments
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
5
6
95,858
400
96,258
13,484
2024
2,933
207,427
49,782
82,774
85,707
83,692
2,015
85,707
2023
2,137
157,645
159,782
117,143
42,639
159,782

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:

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 2024

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 2024

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

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 2024

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
Welfare costs
Family resources
Service delivery costs
Service delivery costs
Administration
Insurance
Printing, postage and stationery
Advertising
Bank charges
Home start fee
Telephone
IT costs
Subscriptions
Depreciation
Repairs and maintenance
Sundry
Premises
Rent and rates
Cleaning
Governance costs
Accountant's report
Total
Unrestricted
63,080
872
194
115
64,261
858
85
70
112
1,125
903
78
1,354
258
7
557
1,156
286
374
39
3
4,112
837
851
1,688
100
72,189
Restricted
89,636
4,811
1,221
411
96,079
1,596
170
142
1,696
3,604
13,725
1,194
1,508
1,004
53
2,961
1,838
1,362
1,033
100
172
10
11,235
5,916
1,275
7,191
200
132,034
year ended
31 March 2024
152,716
5,683
1,415
526
160,340
2,454
255
212
1,808
4,729
14,628
1,272
2,862
1,262
60
3,518
2,994
1,648
1,407
100
211
13
15,347
6,753
2,126
8,879
300
204,223
year ended
31 March 2023
133,224
5,164
2,302
411
141,101
1,904
657
1,404
3,965
9,876
997
3,861
4,363
100
2,652
3,012
1,263
1,322
425
995
13
19,003
4,566
1,577
6,143
300
180,388
1,904
657
1,404
3,965
9,876
997
3,861
4,363
100
2,652
3,012
1,263
1,322
425
995
13
19,003
4,566
1,577
6,143
300
180,388
1,904
657
1,404
3,965
9,876
997
3,861
4,363
100
2,652
3,012
1,263
1,322
425
995
13
19,003
1,904
657
1,404
3,965
9,876
4,566
1,577
6,143

10

Home-Start West Somerset

Notes to the accounts for the year ended 31 March 2024

4. Tangible assets

Cost
As at 31 March 2023
Additions
As at 31 March 2024
Depreciation
As at 31 March 2023
Charge for period
As at 31 March 2024
Net book value
As at 31 March 2024
As at 31 March 2023
5. Creditors
Income in advance
HMRC - PAYE
Accountant's report
Office equipment
Unrestricted
7,543
7,543
6,714
6,714
829
829
Restricted
3,702
896
4,598
2,394
100
2,494
2,104
1,308
2024
10,800
2,684
13,484
Total
11,245
896
12,141
Total
11,245
896
12,141
9,108
100
9,208
2,933
2,137
2023
49,482
300
49,782
9,108
100
9,208
2,933
2,137

11

Home-Start West Somerset

Notes to the accounts for the year ended 31 March 2024

6. Funds
Restricted funds
General fund
Total funds
7. Staff costs
At 01/04/23
117,143
42,639
159,782
Incoming
resources
98,583

31,565
130,148

2024
Outgoing
resources
132,034
72,189
204,223
2023
At 31/03/24
83,692
2,015
85,707

No employees received emoluments and pension contributions above £60,000.

Average number of employees 8 10
Average number of full-time equivalent employees 5 6

8. Trustees' emoluments

Trustees undertake to serve the charity on a voluntary basis and are not remunerated.

9. Accountancy
Fees in respect of Accountant's Report
2024
300
2023
300

12