HOME-START TRAFFORD, SALFORD AND WIGAN FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Registered Charity No. 1115320 Company Registration No. 05578221
HOME-START TRAFFORD, SALFORD AND WIGAN INDEX PAGE NUMBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT STATEMENT OF FINANCIAL AcfiviTIES BALANCE SHEET STATEMENT OF CASH FLOWS 10-20 NOTES TO THE ACCOUNTS FOR MANAGEMENT PURPOSES ONLY 21 TRADITIONAL INCOME AND EXPENDITURE ACCOUNT
HOME STARTTRAFFORD, SALFORD AND WIGAN Report of the trustees for the year ended 31" March 2024 The trustees present their annual directors, report and financial statements of the charity for the year ended 31, March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective I January 20191. Objectives and activities The purpose of the charity is the provision of home support to families in need within the Trafford, Salford and Wigan areas. Home-start is a national charity with schemes all over the UK. The charity obtains funding from various sources in order that family support can be financed. Volunteer workers are the main sources of this activity. The Trustees confirm that they have referred to the Charty Commission's guidance on public benefit when reviewing the Charity's aims and objectives, in planning future activities, and setting the policies for the year. A review of our achlevements and performance During the year we supported 507 children from 273 families. Throughout the year we recruited and trained 48 new home-visiting volunteers adding to the army of 166 volunteers who have been available throughout the year. We have continued to do more for the families we support, rather than support more families, such as sustaining the Dad Matters work in Salford, securing continuation funding to provide counselling for our supported families, and continuing to fundraise so that every child we support under S years old can receive a new book every month through the post from the Imagination Library. Fundraising and corporate support continues to be a focus. particularly as competition for grants is ever increasing. Financial review Income has increased in 2023/24 to £678,726 from £570,675 in 2023123, primarily due to funds being received from Salford City Council in respect of the new Infant Peer Support project. Funding continues to be a major priority for us. The majority of our expenditure, some 84%, 15 on spent on staffing and associated travel and expenses, and is consistent with the previous year. The team and our army of volunteers continue to o an amazlng Job. All non-c55cntiol support costs 3uch a3 office c03t5 arc, 05 alway51 kept to an absolute minimum. The cost of living crisis which began in 2021, driven by rising costs of essentials such as food and energy, has had a detrimental effect on both our service users and our staff. Expenditure has exceeded income in the previous two financial years as the Trustees have sought to ensure that all
HOME START TRAFFORD, SALFORD AND WIGAN staff members are paid at least the Real Living Wage. Our staff are our greatest asset and continued investment in them is therefore essential. This financial year, income has exceeded expenditure due to the receipt of funds for the Infant Peer Project which will be predominantly delivered in the 2024/25 financial year. Investment powers and policy The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in interest bearing deposit accounts with two separate providers. Reserves policy and going concern The balance held in unrestricted reserves at 31 March 2024 was £17,935 of which £16,009 are free reserves, after allowing for funds tied up in tangible fixed assets. st The total balance held in reserves at 31" March 2024 was £191,383 of which £100,685 are unrestricted reserves. This is a marked redurtion from £110,861 in the previous financial year. HSTSW places great importance on continuity of service to its service users. In the event that grant funding should cease, it would be vital that funds are available to allow either alternative funding to be found or, in the absen of further funding, an orderly wind-down of the scheme. The Trustees feel that it is highly desirable to establish sufficient unrestricted reserves which would allow the scheme to continue operation for at least 6 months even if existing funding sources are not renewed. Unrestricted reserves at the current level of £100,685 are deemed sufficient to cover closure costs, including redundancy payments and pay in lieu of £82,750. As the staff team has grown in line with the increased income and increasing family's needs, it is important that unrestricted reserves also grow and this will be a point of focus in the coming months. The Charity's main source of income is grants and donations. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and. consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease. Risk management The trustees have conducted a review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks. Plans for Future Periods The plans are for continued growth to support as many families as p055ible across the 3 areas. We continue to build relationships with existing fundor£ and local businesses through their CorDorate Social Responsibility policies as well as seeking out potential new funders. Our aim is to maintain the increased income achieved in 2023124 and to increase awareness of the amazing work our team delivers.
HOME START TRAFFORD, SALFORD AND WIGAN Strurture, governance and management Home-start Trafford was formed in 1999 as a voluntary organisation which now operates as a charitable company strategically managed by a Board of Trustees, all of whom are members of the local community. Home-start Trafford extended its geographical area of reach into Salford in January 2012 and then into Wigan in January 2019. Home-start Trafford, Salford and Wigan Ltd is a company limited by guarantee governed by its th Memorandum and Articles of Association dated 25 February 2020. It is registered as a charity with the Charity Commission. Appointment of trustees As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of three years. Trustee induction and training Potential Trustees are introduced through recommendation from staff, trustees or funders. They are invited to attend 3 Board Meetings as a guest. The existing trustees and senior management team then agree if the trustee is suitable, at which point they complete their DBS check, reference5 are obtained, an application completed and all other necessary agreements signed such as the code of conduct, they are then appointed to the role. All trustees are invited to attend the volunteer preparation training course, ongoing training opportunities, remain up to date on safeguarding training and their DBS checks. Organisation The board of trustees administers the charity. The board normally meets every month. A Managing Director is appointed by the trustees to manage the day-to-day operations of the charity and is supported by a senior management team. Related parties and co-operation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the 53me way as any other contractual relationship with a related party. In the current year no such related party transactions were reported. Reference and administrative informatlon Charity Name: Home-start Trafford. Salford and Wigan Ltd Charity Number: 1115320 Company Registration Number: 05578221
HOME STARTTRAFFORD, SALFORD AND WIGAN Dirertors and trustees The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: Key management personnel: Trustees and Dirertors Janet Aldred Peter Crewe Janet Grant Sharon Feldmann Robin Harwood Tracy London Victoria Musgrave Neil Peden Treasurer Chair Tom Ross Carolyn West Kathryn Eckersley Company Secretary Key Management Personnel Kathryn Eckersley - Scheme Manager Katie Carmichael- Deputy Scheme Manager Registered OfFice Stretford Early Help Hub 9 Poplar Road Strerford Manchester M32 9AN Independent Examiners Community Accountancy Service Limited The Grange Pilgrim Drive Beswick Manchester MII 3TQ
HOME START TRAFFORD. SALFORD AND WIGAN Bankers Lloyds TSB Bank 76 Stamford New Road Altrincham WA14 IBS Skipton Building Society 27 Stamford New Road Altrincha m Cheshire WA14 IEB Trustees responsibilities in relation to the fjnancial statements The charity trustees (who are also the directors of Home-start Trafford, Salford and Wigan Ltd for the purposes of company law} are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select Sultable accounting principle5 and then apply them consistently; Observe the methods and principles in the applicable Charities SORP. Make judgments and estimates that are reasonable and prudent" State whether 3pplicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the board of trustees Sharon Feldmann Treasurer Date: I" November 2024
Independent examiner's report to the trustees of HOME-START TRAFFORD, SALFORD AND WIGAN I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages 7 to 20. Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The 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. The charity is required by company law to prepare accrued accounts and l am qualified to undertake the exatnination by being a qualified member of The Association of Chartered Certified Accountants. Having satisfied myself that the charity is not subject to audit under company Iaw and is eligible for independent examination, it is my responsibility to." examine the accounts under section 145 of the 201 l Act ' to follow the procedures laid down in the general Directions given by the Charity Commission wider section 145(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 whethcr th¢ accounts present a 'true and fair vlew, 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: ( l ) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006, , and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 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. AM King FCCA Community Accountancy Service Ltd The Grange, Pilgrim Drive. BeswicL Manchester, Ml 13TQ st Date: l November 2024
HOME-STARTTRAFFORD. SALFORD AND WIGAN STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2024 Income and Ex Includin A¢¢ount Total Fund$ Total Funds Year Ended 31 March Year Ended 31 2024 March 2023 Unwtri¢ted Restricted Fund$ F¥nd¥ FUrtr Dètails Income from: Donations and legacies Charitable Activities Other Trading A(vtties Investrnent Income Totsl {31 {41 151 5,500 625,398 47,086 740 678,726 6,790 527,333 36,481 71 570,675 10.(M)O 47,088 740 63,328 615.398 615,398 Expgnditur• on= Raising Funds Charitable Activits Other Total 161 161 161 14,810 51.989 6.075 72,874 14,810 598.094 6,075 618.979 23,602 568.253 611 592.466 546.105 546.105 Net incomgllexpond51ure) 19,5461 69,293 59,747 121.7911 Transfers bets¥een funds 1151 16301 630 Net movement in fund$ 110.1761 69,923 59.747 121,7911 Reconclllatlon of funds Total funds brought forward Totsl funds earrled forward (15) {151 110.861 100,685 20,775 90.698 131.636 191.383 153,427 131.636 The statement of finan(xal a(ai¥itiès Indudes all gains and losses re¢ognised In the year. All income 8nd eypendire derive from continuing actiVe5. The notes on pages 10 to 20 fomi part of these accounls.
HOME-STARTTRAFFORD. SALFORD AND WIGAN BALANCE SHEET AS AT 31 IAARCH 2024 Company rnglsti3tion number. 2023 Notes Fix¢d •ssets: Tanglble assèts Totsl fixed a&8ets 6,232 6,232 crnt assets: Debtors Cash at Bank & in Hand Total current assets 112) 64.684 285.133 349,817 68.927 66,634 135,561 LiabilitiO8= Creditors.. Amounts falllng due wllhln one year {13) 164.686 9.269 Nel current assets or liabilities 185,151 126,292 Totsl assets less current liabiblies 191.383 131,6 Totsl net assets or Ilablllilos 191,383 131,636 The funds of the charity: Restricted income funds 1151 .698 20,775 Unrestricted income funds 1151 1(KJ,685 110,861 Total charlty funds 191.383 131.636 For the period in question thè company was entitled to the exemption conferred by section 477 of the Companies Act 2006. and that no notice has been deposited under section 476 in relation to its account5 for the financial year.. and the directors acknowledge their responsibilities for.. - complying with the requirements of the C£impanies Act 2(KJ6 with respert to accounting records ènd the preparation of accounts. These accovnts have been prepared in accordance with the provislons applicable to companies subject to the small companies. regiffle. Approv by the trustees on 1st Novemter 2024 Sharon Feldmann Treasurer The notes M pages 10 to 20 fomi part ofthe5e acownts.
HOME-STARTTRAFFORD, S4LFORD AND WIGAN Statement of Cash Hows forthe y•ar ending 31 March 2024 Reconciliation of net movement in funds to net cash flow from operating actlvltles Year End¢d Year End 31 March 3q March 2024 2023 Net movement in funds Add back depreciation Deduct investment income Decreasellincreasel in debtors Increaselldecreasel in creditor5 59.747 2,077 1740 4,243 155,397 (21.791} 1,782 1711 126,5701 163,1561 Net cash used In operating activitRs 220.724 1111,8061 Cash flows from investment activiti•s: Interest Purchase of fixed assets 740 {2,Wl 71 12,9781 Net eash provid by investing actly1t9 {2.2251 12,9071 Increaselldeueasè) in eash 8rkY cash equivalents dLEring thè 218.499 {114,7131 Cash and cash equivalents brought forwar(I 181,347 Cash and cash equivalènts eanted fOaT 28S.133 66,634
HI)ME-5TARTTRAFFORD, SALFORD AND WIGAN 10 P4otes to the accounts forth• yoor ended 31st March 2tr24 l. Acco(tntlng polidès lal Basls of prèparation and a55e5sment of going concern The accounts (financial statementsl have been prepared underthe histOriC31 cosr convention with items recognised at cost or transaction value Unle55 Otherwise ststed in the relevant notes to these accounts. The ffinantial st3tÈments have been prepared in accoidance with the Statement of Recommended PTaCtice= Accounting and Reporting by Charities preparing their accotjnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, effective 1st January 2019. and the Finanoal Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities ACE 2011. The charity constitutes a public beneftt entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charitys abilityto continue as a going concern. Ibl Funds stru¢turg Restricted funds are funds which are to be used in accordance wtth specific restrittions imposed by the donor or trust deed. There are 18 restricted funds. Unrestricted income funds comprise those fvnds which the trustees are free to use for any purpose in furtherance of the charitable objerts. Unrestricted funds indude designated funds where the trustees. at their discretion. havè created a fund for a specific purpose. Further details of each fund are disclosed in note 15. Icl Income recognttlon All income is recognised once the charity ha5 entitlement to the income. it is probable that the income will be received and the amount of Income receNable (an be measured reliabty. Donations are recognised when the charity ha5 been notified in wrtting of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perforniance belore the charity is entitled to the funds. the income is deferred and not recognised untyl either those condittons are fully met. or the futfilment of those conditions 15 wholly within the control of the charrty and it is probable that those conditions will be fulfilled in the Teporting period. Interest on funds held on deposit is included when reNable and the amount can be measured reliably by the chartty; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the di¥idend due. Idl Expendlture Reco8nition Liabilities are recognised ès expenditu as soon a5 there is a legal or construrtive obligation commlttlng the charity to that expend¥ture, it is probable that 5etdement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted foi on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note lfj below. lel Irre¢overable VAT Irrecoverable VAT is charged against the expenditure heading for which tt was incurred. If) Ajlocatlon ol support and governance costs Support costs have been allocated between govemance costs and other support Costs. Governan costs comprise all costs involving the public accountability of the thanty and its Complian with regulatlon and good prartice. These Costs include costs related to independent examination and legal fees together with an app)rtionment of overhead and support costs. Governance costs and support Costs relating to tharttable attivityes have been apportioned based on type of expense. The allocation of support and goVernaTr costs is analysed in note 8. 18? Coats •f ralslns f¥n The costs of raising funds consists of fundrnising and marketing and publKity costs. Ihl Charitable Artivit•es Costs of charitable activities include Eovernance costs and an apportionment of support costs as shown in note 7.
HomE-ARTThAFF0ftD, &4LFORD AND WFGAN li Notrs to the accounts forthe year ended 31st Marth 2024 111 Tanglble fixed assets atKI depreci*ion All assets costin8 more than £51XI are capitslised and valued at historical cosL Depreclation is charged on the following basis.. Office Equipment 25% Ut¥j balan til Realised gains and losses All gains and losses are taken to the Ststement of Financial Actiwties as they arise. Realised zains and losses on investments are calculated as the difterence between sales proceed5 and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. unrealed gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unreallsed investment gains and losses are combined in the Statenent of Financial Activities. Ikl Pensions The charity currently admiwbisters contributions to a pension scheme on behalf of indNiduals. The company has no liability beyond making the deduction5 and paying these over to the pension company. 111 Debtors Trade ènd other debtor5 are recognised at the settlement amount due after anytrnde discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Im) Créditors and provisions Creditors and provisions 31e recognised where the charity has a present obli8ation resutting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliablv. Creditors and provisions a normally ognISed at their settlement amount after allowing for anytrade discounts due. 2. R•lated paity transactions and trusto•s' •xp•ns•s and r•mun•ration The trustees all give freely their time and expertise without any form of remuneration or other benefrt in cash or kind 12023: £nill. Expenses paid to the trustees in the year totalled £nil12023- £nill. 3. Donatlons and Legacles Unrestricted Restricted Totsl Fund$ Total Funds Yr En(led Year Ended Year Ended 31 March 31 March 31 March 2024 2024 2023 Yèar End•d 31 March 2024 DOnaOnS Family Income 5.SLN) 5,5(M) 6.032 758 5,5CKI 6.790 Previous reporting period Unr8strlctsd RtrIcted Total Funds Year Ended Year Ended 31 March 31 Mar¢h 2023 2023 Year Ended 31 M•r¢h 2023 Donations Family Incorne 6,032 6.032 758 6,790 758 758 6.032
HOME-STARTTRAFFORD. SALFORD AND WIGAN 12 Notes to the accounts forthe year ended 31st March 2024 4. In¢om¢ from charltabl• a¢tivities Unrestrlctsd Restricted Total Fund8 Total Fund$ Year Endéd Year Ended Yèar Ended 31 March 31 March 31 March 2024 2024 2023 Y¢•r Ended 31 Mar¢h 2024 Restricted grants-. The Big Lottery Fund Trafford Counal Early Help Henry Smith - Covid 19 Salford City Council Baby BoThJlPIPAHS (Best Start for LifelFamily Hubs from DfEI Salford Cty Council Dad Matters IBest Start for LrfelFamily Hubs from DIE) Salford City Council Infant Feeding Peer Support Best Start for Lkf¢lFamity Hubs from DIE aixl PHLEYI S81ford CVS BBC Children in Need Equlllbrium FourKlalion Eri¢ Wright Trafford Council - Stsrt for Lifg- Parent Carer and Baby Voices Garfield Weston Foundats'on Home-slart UK Empowering Women Grant Home-start HOST NHS Contract via Home-start HOST for Wgan PIMH NHS Contract via Horne-start HOST for Trafford a Salford PIMH Manthester University NHS Foundalion Trust- Parent and Infant Relationship Salford Departrnent for Health and Sooal Care- Suicide Prevention Fund Trafford CosJncil PIMHSIBaby Bond Trafford Housin9 Trust- Sdjool Readiness Trafford Housing Trust- COVKI Recovery Trafford Housing Trust- )MntÈr Support Home-start Manchester Starting Well Project The National Lottery Communrty Fund- Reathing Communities. via Home-stsrt Marester GMCVO Unrestricted gTants'. Eric Wright Broome Family Trust HMRC BBC Children in Need Rotary Club Worsley 22,500 100,000 55,150 130.207 34,7C 130.207 34.700 60.OCH) 40.)0 40.OCKI 37.593 51,999 430 10,000 12,250 20,000 51.999 430 10.IKK) 12.250 20.000 20.000 12,000 9,999 20,000 2.500 9.999 20,OCN) 15,000 1,107 14001 43,000 44.462 79.348 79.348 4.049 4,049 8.S74 8.574 74,Y87 24,488 24.487 5,000 49,663 49.380 49.380 37.5CKI 37.500 18.750 3,008 20,000 5.(N)O S.(N)O 500 500 527,333 10.000 615,398 625,398
HOmE.ART TrAFFORD. SALFORD AND WIGAN 13 Notes to the accounts for the year ended 31st MaTch 2024 4. Income from charitable acllvlt Previous reporting peri(Kl Unr8strf¢t¢d Restrlctod T¢)tal Funds YèarEnded Year Endèd 31 March 31 thlarch 2023 2023 Year Ended 31 Mah 2023 Restri¢te(I grants.. The Big Lotlery Fund Trafford Coun(il Earfy Help Henry Srnith Salford Crty Council Dad Malters BBC children in Need Eric Wright Garfield Weston Fout)dation Horne-start UK Horne-start HOST NHS via Home-slart Hosf fof wan PIMH Trafford Council PIMHSIBaby BorKJ Trafford Housing Trust - Sthool Readiness Trafford Housing Trusl- Covid Recovèry Trafford Housing Trust- Winter Support Home-start Manchester Starting Well Project Tha National Lottery Community Fund - Reachir Communities, via Home-slart PAand)esler GMCVO Unrestri¢ted grants.. Eric Wright BBC Children in Need Rotary Club Worsley 22,5rK) 100,0 55,150 37.593 20,0 12.OCKJ 22.500 11)0,000 55,150 37,S93 20.1)00 12.000 15,000 1,107 1400) 43,000 74,987 24,468 24.487 5,000 49,663 1.107 I4)) 74.987 24.488 24.487 5.000 49.663 18.750 3.CK)8 18.750 3.008 20.CK)D 500 20.000 500 500 527.333 500 21.000 506.333 5. Ineome from othèr*radin9 aetivrti•s Unrestricted Restricted Total Fund¥ Total Fun(ts Yèar Endèd Yèar Endad Yèar Endad 31 hlarch 31 March 31 March 2024 2023 Year Ended 31 March 2024 Other Income FuNdraising events 775 35.706 36,481 47.088 47.088 47,088 47,088 Previous Teporting period Unmtri¢tod R•stri¢tèd Totsi Funds Year Ended Year Ended 31 h18h 31 Marrh 2023 2023 Year Ended 31 March 2023 Other Income Fundraising events 775 775 35.7( 36.481 36,481
HOME-sfARTTRAFFORD. SALFORD AND WIGAN 14 Notes to the actounts forthe year ended 3tst Marth 2024 6. Expendlture Wisitin9 Support to Families Year Ended Year Ended 31 March 31 March 2024 2023 Expenditure on raising funds: Advertising and marketing Event5 & Activitie5 Fundraising expenses 13.IY20 13,020 13,395 3.575 6,632 23,602 1,7 14.810 1,790 14,810 Exp•nditur• on tharitsblo 4¢tivi¢t¢¥= Employment Costs Training Recruitment Staff Team Building Home-start UK Volunteer Expenses 515.020 515,020 1,(3 406 530 8.913 8.671 1.373 476.934 4.923 73 4r $30 8,913 8,671 1,373 2.585 274 11.323 6,450 1,204 9.704 1,286 18,146 205 DBS Costs Family Expenses PIMHSl8aby Bond Costs Staff Travel 8ank Charges HOST Dads Matter Minor Equipment Computer & IT Costs Telephone & Postage Rent & Roorn Hiie Insurance Govemance Costs Pririting, Stationery & Postage Depreciation 274 11.323 400 1.248 60 7.453 6.750 1.415 26,180 2,245 2.077 598.094 1,248 579 7,453 6.750 1,415 26,180 2,245 2,077 598,094 7,695 9.070 1.308 26.934 1,960 1,782 568,253 oth•r exndItuTe. General Expenses 6.075 6.075 618.979 6,075 6,075 618,979 e11 611 592,466 Unrestrltted funds Restricted funds 72.874 546.105 618,979 84,874 507,592 592,466
HOME-STARTTRAFFORD. &4LFORD AND WIGAN 15 Notes to the accounts forthe year ertd 31st Matth 2024 7. Analysls of expendltuie on chayltsbje acuvlties As per the description in note 6. 8. Allocation of Bovernan and sUPPOrt ¢osts The breakdown of support Costs and how these were allocated between governance and other support Costs 15 shown below.. Ggneral Support Gov•rnance 1,141 Total 2024 Basls of apportionm&nt 1.141 type of expense 3,253 typè of expense 821 type of eypense 1.320 type ofexpense 18.073 type of expense 420 type ol expense 1,152 of expense 26.180 Acwuntancy Fees Book-keeping AGM Costs Supervision Consutsncy & Professional Fees Soual Value Portal Payroll Costs 3.253 821 1,320 18.073 420 1.152 24,218 1.962 Previous reporting pertod Gettfrrdl Support Governance 1,110 Totsl 2023 Basls ol apportionmont 1,110 type of expense 3.334 of expense 150 type of expense 840 of expense 20.140 type of expense 4 type of expense 967 type of expanse 389 type of expense 26.934 Accountancy Fees Book-keeping Penalties Supervision Consultancy & Professional Fees Interest Paid Payroll Costs Truste8 Expenses 3.334 150 20.140 967 389 1,499 25.435 9. Analysks of staff costs Year Ended Year Ended 31 March 31 March 2024 2023 Wages and Salaries Redundancy Holiday Pay Aeexual Adjustment Social Securty Gosls Pension Costs 453.379 419,660 12,107) 31,732 27,649 476,934 34.709 26.932 515.020 Support costs Charitable activitles 515,020 515.020 476,934 476.934 The average number of employees duriThJ Ihe JEar was 17, FTE 14.9 (previous year. 18, FfE 14.951. The charity considers its key management personnel cornprises the trustees and Chf Exewbv8 Officer. The trjtal employment benefits, including employer pension contributiors of the key management personnel We £167,427 Ipr8vious year. £186,211}. No employe& has bene)Its in ex(*ss of£60,000 (p¥10US year: rN)ne}.
HOME-STARTTRAFFORD, SALFORD AND WIGAN 16 Notrs to Ihe Unts for the year ended 31st Mar¢h 2024 10. Independent Exam5ner Fees Year Ended Year Ended 31 March 31 March 2024 2023 Independent examination fees 1.141 1.141 1,110 I,iio 11. Tangible Fixed Assets Furnliure & Equlpment Total Cost At 1 April 2023 Additions At 31 Mar¢h 2024 14,047 2,965 17.012 14.047 2,965 17,012 Depreciation At 1 April 2023 Charge for Year At 31 March 2024 8.703 2,077 10.780 8,703 2,077 10,780 NET BOOK VALUE At 31 March 2024 At 31 March 2023 6.232 5,344 6,232 5.344 12. Analysi5 Of debtor5 2024 2023 Debtors Prepayments 63,039 1.645 64,684 62,644 6,283 68,927 Debtors and prepayments related to restrirted funds £63.524 and unrestrirted fijnds £1.16012023= £62,9971£5.9301. 13. Creditors: amounts falling due within one year 2023 Creditors Short-lerm compensaled absences (holiday payl Other creditors and accruals Taxation and Social serity Deferred income 6,728 2.833 1.110 5,686 2,503 1,080 153,995 164,666 9,269 14. Deferred income Deferred income comprisès grants reiVed for periods after the year end. ealanes as at 1 April 2023 Amount released io income eaTned from charftable actiwlie5 Amount deferred in year Ba14An¢* •t SI March 2024 153.995 153.g•S
HOME-STARTTRAFFORD. WORD AND WIGAN 17 Notos tr> th? accounts lor the y•ar end 31st Ilar¢h 2024 15. Analysis of charitable lun Analy$i$ ot movemgnts In unr¢slrl¢tsd lunds Balance at 1 Aprll 2023 Incomlng Resources Rasourcas Exkwnded Transfers Balance at 31 March 2024 General Fund Designated Funds 44.915 65,946 110,861 63.328 172.8741 117,4341 16,604 16301 17.935 82,750 100,685 63,328 172.8741 Prewous reporting period 8aL4nc• at 1 Aprll 2022 Incomlng Resources Resource Expended Balancè at 31 March 2023 Trnnsfèrs General Fund Designaled Funds 132.151 63.584 {84.8741 165,946} 65,946 44,915 65.946 110.861 132.151 63,584 184.8741 Name of unrestricted furtd: Gèneral Fund Oesignated Funds Description, naturn and purpose of the fund The Yree reserve5. after allovring for al designated For fuiLxe redundarKy cDsts Analysls of movemonts in rèstrlcted funds Balancè at 1 Aprll 2023 Incomlng Resources Resources EXed Balancg at 31 M#r¢h 2024 Transfers Trafford Counal Earty Henry Smith - Covld 19 Salford City Council Baby BondlPIMHS (Best start for LifelFamily Hubs from DfEI Saiford City Council Dad Matters (Best Start lor LilelFarnily Hubs frorn DIE) Salford Cty Council Infant FeediNJ Peer Support Best Start for LrfelF8mity Hubs from DfE and PHLEYI Salford CVS BBC Childn in Need Equilibrium FouThJation Eiie Wright Trafford CounLil - St8rt for Life- Parent Carer and Baby VOICES Garfield Weston Foundation Home-start UK Empokn£ring Women Grant NHS Contract via Home-slart HOST for Wigan PIMH Manchester Universty NHS FoLmdation Tw$l- Parent and Infant Relationship Safford Department for Heatth and Socsal Care - Suiade Prèvention Fund NHS Contract via Home-SEart HOST kn Trafford and Salford PIMH Trafford Housing Twst- Covwj Reo)very The National Lottery ComTnunity Fund - Reaching Communlues. via Home-start Manchester 15,9601 130.207 34,7LMJ 1124,2471 133.9041 411 1,207 60.000 I60.LoI 140.000) 51,999 430 10.(KM) 12.250 20,000 113.5811 1430} 110,0001 12,8751 127.0001 38,418 10.000 10,000 9,375 9,999 12,499) 15.000 12,5001 {44,4621 7,500 15,000 44,462 4.049 (4,6391 15901 8.574 18.5741 79,348 49.380 179.2951 149.5991 53 219 9,735 20.775 37.51X) 615.398 137.500 1546.1051 9.735 90,698 630
H0mE.ARTTRAFFORO. SALFORD AND WIGAN 18 Notes to the accounts forthe year ended 31st Marth 2024 15. Analysis of charitable funds Analysis of movements In restrlrted funds Previous reporting period Balanc• at 1 Aprfl 2022 Incomlng Resources Rèsourcès Expended Balan¢e at 31 March 2023 Transfers The Big Lotlery Fund Trafford Counal Earfy Hèlp Henry Smith Alex Timpson Trust Safford City Council Dad Matters BBC Children in Ne Eric Wright Garfield Weston Foundation Home-start UK Home-start HOST NHS via Home-start HOST for an PIMH Trafford Council PIMHSIBaby Boryl Tiafford Housing Trust- School Readin&%8 Trafford Housing Trust- COVKI Recgvery Trafford Housing TnJst- Wnter Support Home-start Manchester Slarting Well Prq'e¢A The National Lottery Community Fun(1 - Reaththg Communities. via Home-stsrt mandster GMCVO Family Income 7.700 1,607 22.5Crf) 100,0 55,150 {30.2001 1107,56n {55.1501 {15.IH)01 137,5931 110.Ocjl {5,0(Kl} 115.orKI} 11.10n 400 (43,000) (84,670 18,308) 124,487) 15.0001 152.3111 15,9601 15.c) 37,593 20.000 12,(K)O 15,000 1.107 {4001 43.O¢X) 74.987 24.488 24.487 5,000 49,663 10.000 7,000 9.683 116.180) 18.750 3.008 758 507.091 {9.Ot5} 13,008} 11.576 1507.5921 9,735 818 21.276 20.775
HOME.sfART TrAFFORD, SALFORD AND WIGAN 19 Notes to the %counts tor the year ended 3tst mCh 2024 15. Analysis of tharitable funds Name of r8Strlctsd fund: Trafford CouncTI Early Help D8scrlptlon, natur• and purpos• of th• fund to provide tsrgeted famity support eillv through core cOrdinated hom visthrrtJ voluttteers or Family Support Wothers towards three year5. running costs to provide support for familitrs xpèriencing crisis in Wigan arm1 psychotherapy for families impacted by the CovKI-19 pandern Inuease cApac4ty of targeted speoalist PIMH coordinated volunteer support foE an addtbonal 30 Saiford families aThJ to train Salford volunteers in PIMH, with focus on diverse comrnunities. Delwer PIMH tr8insng to the wlder Salford Workfor in partnership *ith speaalist HV PAIRS Henry Smith- Coyid 19 Sa5ford City Council Baby Bon(VPIMHS (Best Start for UfelFamily Hubs from DfEI Salford City Council Dad Matters IBest Start for Life/Family Hubs from DfEI support SaKord dads in the winatal period Salford City Council Infant Feeding Peer Support to Tecruit and train new staff and vojunleers in Salford to create an Infant Best Start for Life/Famlly Hubs from DfE and PHLEY) Feeding Peer Support se1 to provide infant feeding Support foT new mums in Saword. via groL¢PS and orE to o for a volUntr. tt)ank y¢MJ event for taoeted support from a Family Support Worker, for pre-school children wtth èmerglng additional needs. lo help tMJikt a posit@ relationship primary (xrè glver, regulate responses to soryal situations, and to feel 55 stresse(l in thelr dally INes family support oyrtributw)n- fmJ$ing on families struggling wf(h povarty and debt for a contribution to ry)re funding engagement wtth familles in the 1001 ltiCal days. collating views 8nd lived experien of families to infhJen Traff01'S Slart for Life Offer conlribuiion to core contribution to counselling largeted spÈuallst PIMH coowdinaled volunteer support for 30 Wigan families and lo train Wigan volunteers PIMH Salford CVS BBC Children in Need Equilibrium Foundation Eric Wright Trafford Council - Starr for Life- Parent Carer and Baby Voices Garfield Weston Foundation Home-start UK Empowering Women Grant NHS Contract via Home-start HOST for Wigan PIMH Manchester University NHS Foundation Trust- Parent and Infant Relationship Salford to worf( In partnershy with PAIRS team. to deliver family support and support th group work Department for Health and Social Care- Suicide Prevention Fund trauma-focused ¢ounsdling. vthh targeted fo5 on neurodivergem mums NHS Contract via Home-start HOST for Trafford and targeted spe¢ialist PIMH coordinated volunteei support for 26 Trafford Salford PIMH famili•s and 26 Salford Families arms to train volunteers In PIMH Trafford Housing Trust- Covid Recovery mMIse corporate donalior6,' irKrease capacity to offer counselling support to more parents- eaSe dinical supervision for our staff team The National Lottery Community Fund - Reaching Communities, via Hom&Start Manchestèr a contribuiion to core funding
HOME-sfART TRAFFORD, 5ALFORO AND WIGAN 20 Notes to thè attounts for the year ended 3tst March 2024 16. Analysls of net assets betwoèn funds UnrestrScted Deslgnatad Rostrf¢lod fvnds funds funds Total 2024 Tangible fixed assets Cash at bank and in hand Ott)er net ¢urrènt 2ssètsllliabilitiesl Totsl 1,926 179.515 {163,5061 17,935 6,232 285.133 199,9821 191.383 82.750 63,524 90.698 82,750 Prewous reporting pèrtod Unrestricted Dosignated R¢str?¢tsd funds funds funds Total 2023 Tangible fixed assets Cash at bank and in hand Other net current as5etsllliabiliti&sl Total 2.567 45.687 13.3391 44.915 2,777 {44,9991 62.997 20,775 5,344 66,634 59,658 131.636 65,946 65,946 17. Finan¢ial Instrumènts The charity only has financi818ssets and liabilities of a kiThJ that qualify as basic fffjanryal instrwnenls. Basic finandal instruments arts initially recognised on a iransaction value and subsequerhdy meaSUd al thelr settlement value with the exception of bank loarLS wfu.ch a subsequentty measured at an amoTtised cosi utsirKJ the effecttve interesl method.
HOME.sfARTTWFORD, SALFORDANDWIGAN 21 Income and Expendityre AOTrt Year Ended Yèar Ehded 31 Marth 31 March Income Donotions Family Incotne Investment Income Other Incorne Fundraising events Restricted 8rants'. The Big Lottery Fund Trèfford Council Eèdy Help Henry Smith- Cowd 19 Start for Life/Family Hubs fr¢m OfEI for LifelFamily Hubs from DfEI Best Start for LifelFamily Hubs frem OfE and PFILEY) Salford CVS BBC Children in Need Equlllbrium Foundation Eric Wright P3rent C3rer and Baby Voices Garlield Weston Foundation Homtrstart UK Émpowerin8 Women Grant HomfrStart HQST NHS Contract vla Homtrsiart HOSTforWipn PIMH Salford PIMH Manchester Unlversity NHS Foundiiion Trust- Parent and Infant Re13tionship Salford Department for Health 3nd Social Care- Suicide Prevention Fund Trafford Council PIMHS/Baby Bond Trafford HousingTrust- Sthool Readiness Trafford Housng Trust- Cawd Recovery Trafford Housing Trust- Winter Supwt HomfrStJrt Manchester Starting Well Project Cornmunlties. vla Home-start Manthe5ter GMCVO Unrestrftted grants: Eric Wright Broorne Farnily Trust HMRC 68C Chlldren in Need Rotary Club Worsley Total Income 758 71 740 47. 130.207 34.7) 1(.[ 55.150 37.593 51.999 1D.IXXJ 12.250 12.Th)J 15.OLKI 1.107 I4) 44.4¥2 43.(> 4.049 8.574 74.*7 24.488 24.487 49.3 49.663 18,750 37.gY) 678.728 570,675 ExpendKture AdvertisinE and m3rketi Events & Aciivitie5 Fundraising expenses Emplayment Costs Training Recruitment staff Team Buildin8 Home-Start UK Volunteer Expenses D8S Costs Family Expenses PIMHsIBaby Bond Costs Staff Travel Bank Char8eS HOST Dads Matter 13.020 13. 3.575 515.020 47e,934 4.gZ8 8.913 8.671 1.3n 9.704 274 11.323 18.148 205 Mlnyr E9UEprrtertc Computer & IT Costs Telephone & Postage Rent & Room Hire Insurance Governance Costs Prlntln8, Stationery & Postage Depreciation Genera1 Expen5e5 Tatal Expenditure Surpluslldefttlt foi yearl
.249
6.750 1.415 26,180 2.245 2.077 6.075 618.975 59.747 9,070 1.782 611 S92A66 21.791