Registered number: 05818942 Charity number: 1116385 Home-start Exeter, East and Mid Devon (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 &LGriffin
HOMETART EXETER, EAST AND MID DEVON (A company limited by guarantee CONTENTS Page Reference and adminlstrative details of the Charity. its Trustees and advlsers Trustees. report Independent examlnerfs report Statement of financial activities Balance sheet Notes to the financlal statements 10-23
HOMETART EXETER. EAST AND MID DEVON (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARifi, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees M Carter, Chair D Herbert (appointed 5 April 20231 W Saunder5 (resigned 21 Dember 2023) W Wills C Faffner J Evans P Crawford {8ppoinled 7 June 2023) R Sivlal (resigned 11 December 2023) Company registered number 05818942 Charity reglstered number 1116385 Reglstered offlce Exmoulh Business Cenlre 14 Hartley Road Exmoulh Devon EX8 2SG Accountants Griffin Chartèred Accountants Courtenay House Pynes Hill Exeter EX2 5AZ Page 1
HOME-START EXETER, EAST AND MID DEVON IA company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial statements of for the year 1 April 2023 10 31 March 2024. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirernents of the company's governing document and the provisions of the Slalement of Recommended Pradice ISORPI, applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102> (effective 1 January 2015} as 8m6nd8d by Update Bulletin 1 (effedive 1 January 20151. Since the company qualifies as small under section 383. the strategic report required ol medium and large companies under The Companies Act 2006 (Slralegic Report and Directols Report) Regulations 2013 is not required. Objectives and activities a. Policies and objectives The objects of the charity are.. To safeguard. protect and preSee the good health. both mental and physical of children and partsnts-of children., To prevent cruelly to oi mallreatmenl 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 childcaré. In setting objectives and planning for activities. the Truslees have given due consideration to general guidance published by the Ch8rity Commission relating lo public benefit. including ihe guidance 'Public benefit: running a charity (P821'. b. Activities undertaken to achieve objectlves Visiting families in their own homes lo offer support. friendship, and practical assistan Reassuring parenls that Iheir childcare problems are nol unusual or unique Encouraging parents, strengths and emotional well-being for the uliimale benefit of their children Supporting parents lo engage with aciivilies and opportunities in their community and reduce social isolation Organising And leading groups for parents lo come logether to consider the challenges and pleasures of parenting and to support their mental health and well-being c. Maln actlvltles undertaken to further the Charity's purposes for the publ1¢ beneflt All trustees have read and considered the Cliarilies Commission Guidance on Public Benefit. Home-start Exeler. East and Mid Devon is managed and funded locally. We are supported by the national organisalion, Home-stsrt UK, which offers advice, training. information and guidance to the Home-slart network lo ensure consistent and qLtality support for parents and thildren. We tsilor our support to each family and Iheir specific needs, and we work with Ihe whole family. provi¢Jing a package of support, Comprised of emotional and practical support. activities with children and help to access services. Page 2
HOME-START EXETER, EAST AND MID DEVON (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievements and performance Review of activities In 202>24 the increase in the number of families supported has continued. We supported 136 families in the year - 80 of whom had one-to-one support from a volunteer, the remainder attending one of our three groups. Mothers In Mind is a mental health support group for women during the perinatal phase and the Family Wellbeing Group is for any family wilh childTen under 5. In January 2024 we opened an evening group for fathers. called Dad's Domain. Families were referred to us for many reasons, for example, where a panI might be experiencing poor menlal health or illness, and Ihere w85 a noliceable increase in families where domestic violence had been a factor af'some lime in a parent'$ life and many needed help with debts. 200A of the families we helped needed further referrals lo the Household Support Fund, Exeter Baby Bank or local Food Banks. We trained 18 new volunteers this year and at year end had 45 volunteers across our three areas. We are noticlng that more of our volunloers needed lo return lo work for financial reasons and had to give up volunteering with us. Financially w8 8nded the year in the black thanks lo 8 24Vo increase in granl income and careful budgeting. And most importantly - 92QA of the families we surveyed reported ifflprovements in how Ihey fell at the end of their one-to. one support. A couple of typical comments sum it up.. 'My volunleer was just brilliant. She was so friendy and helpful and supportive. Such a joy and rellef lo have her come and support our family. The charily Pfovides mu¢h-needed actual help for those who need it, thank you ' I can't find enough words orland ways to thank the Home Stsrt coordinator that accompanied me and my volunteer for being part of my recovery journey and for the huge dIffenCe they made in it...I call my volunteer a 'lif8savel. Financial review a. Going concern After making appropriate enquiries, the Iruslees have a reasonable expeclalion Ihal the charity has adequate resources lo continue in operational exislence for the foreseeable future. For this reason they continue to adopt the going concem basis In preparing the financial slalements. Further details regarding the adoplion of the going concern basis can be found in the Accounting Policies. b. Reserves policy The trustees have assessed the risks involved in the aclNitie5 of the Charity and have agreed the following reserves policy: Retain a sufficient level of net current assets or other readily realisable fixed assel investments lo provide a cushion equivalent to three months operating expenditure. At 31st March 2024, Ihe target for reserves was £30,(MIO. The aclual general reservès held by the charily at 31st Mar 2024 were £35,149. This meets the charity's reserves largel. Page 3
HOME-START EXETER, EAST AND MID DEVON {A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 . Financial oveThiew During the year, the charily received lolal income of £180,048 (2023= £127.837) and had total costs of £163.142 {2023.' £154,493), giving a surplus of £16,90612023 deficit of £26.656)- Despite the tough economic climate. the charity has maintained an appropriate level of reserves to allow the charitls activities lo conlinue. At the 31 March 2024, current serveS held were £75.308 (2023.. £58,402), of which £40,1 $9 are restricted funds and £35.149 are unrestricted. Thè calculated reserves to cover 3 months budgeted expendilure for 202412025 is £30,OCQ. Page 4
HOME-START EXETER. EAST AND MID DEVON (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, govèrnance and management a. Constitution Home-start Exeter, East and Mid Oevon is registered as a Charilable Comp3ny limiled by guarantee and was sel up by a Memorandum ofAsso¢ialion on 16 May 2006. The registered charity number 15 1116385. b. Methods of appointment or electlon of Trustees The management of the Charity is the responsibility of the Trustees who are elecled and ¢0p1ed under Ihe temis of the MemoRndum ol Association. . Financlal risk management The Truslees have assessed the major risks lo which the Charity is exposed, in particular those related lo the operations and finances of the Chartty, and are satisfied that systems and procedures are in place to mitigale exposur8 to the major risks. Statement of Trustees. responslbilities The Trustees (who a also the directors of the Charity for the Purposes of company lawl are responsible for preparing ihe Trustees, report and the financial Statements in accordan with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepled Accounling Practice). Company law requires the Trustees lo prepare financial statements for each financial . Under company law, the Trustees musl nol approve the financial statements unless Ihey are satisfied that they give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of resources, including its income and expendilufe, for that period. In preparing these financial slalernenls, the Trustees are required to- select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charilies SORP (FRS 102)- make judgments and accounling estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards {FRS 102) have been followed, subject lo any material departures disclosed and explained in the financial slalements.. prepale the financial statements on the going concern basis unless it is inappropriate to presume Ihal th8 Charity w511 conts.nue in business. The Trustees 8re responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's Ir8nsa¢lions and disclose with reasonable accuracy al any time the financial position of the Charity and enable them lo ensure that the financi815talement6 comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and henGe for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by- Carter Chair of Trus Date= ees LE[Iw( LL( Page 5
HOME-START EXETER, EAST AND MID DEVON IA company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independent examlnerfs report to the Trustees of Home•Start Exeter, East and Mid Devon {'the Charity, I report to the charity Trusteos on My examination ofthe accounts ofthe Charity for the year erKled 31 March 2024. Responsibilities and basls of report As the Trustees of the Charity {and its directors for Ihe purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements ofthe Companies Act 2006 {Ihe 2006 ACV). Havlng satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my axamination of the chaty'S accounts carried out under section 145 of the Charilies Act 2011 Ilhe 2011 Act). In carying out my examination I have followed the Direcdons glven by the Charity Commission under section 145(5)(bl of the 2011 Act. Independent examinePs statement I have completed my examlnation. I confirm that no matters have come to my attention in connection wlth the examlnalion giving me cause to believe.. accounting record5 were not kept in respect of the Charity as reqUId by sectlon 386 of the 2006 Act; or the accounts do nol ac¢ord wllh those records. or the accounts do not compty with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fairf vitsw which is not a matter considered as part of an independent examlnalion; or the accounts havo not been prepared in accordance with the methods and principles of the Statement of Recommended Praclicè for accounting and reporting by charities lapplicable to charities preparing their a¢¢ounls in acGordance with the Financial Reportrng Standard applicable in the UK and Republic of Ireland IFRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reaGhed. This report is made solely to the Charitys Trustees, as a body, in accordance wlth Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitys Trustees those matters l a required to stste to them in an Independent examinels report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume re8pon8ibility to anyone oth8r than the Charity and the Charity's Trustee5 a5 8 body, for my work or tor this report. Signed.. Dated. Iz /IL/14 FCA Laura Waycott Griffin Chartered ArKountants Courtenay House Pynes Hill Exetef EX2 5AZ Page 6
HOMETART EXETER, EAST AND MID DEVON (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Tot81 funds 2023 Notè Income from.. Donations and legacies Charitable activities Investments 22,384 22,384 157.082 582 19,213 108,365 259 157,082 582 Total Income 22,966 157,082 180,048 127,837 Expendlture on: Charitable activities 26,695 436,447 163,142 154,493 Total expendlture 26,695 136.447 163,142 154,493 Net (expenditure)lincome Transfers beeen funds (3,729) (1,249) 20,635 1,249 16,906 (26, 656) 13 Net movement in funds 14,978) 21,884 16,906 (26,656) Reconciliation of funds: Total funds brought fonNard Net movement in funds 40,127 (4,978) 18,275 21,884 58,402 16,906 85,058 (26, 656) Total funds carried forward 35,149 40,159 75,308 58,402 The Ststement of financial activities incIleS all gains and losses recognised in the year. Thè notes on pages 10 to 23 form part of ihese financiai statements. Page 7
HOME-START EXETER. EAST AND MID DEVON (A company limited by guarantee REGISTERED NUMBER: 05818942 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note Fixed assets Tangible assets 10 414 401 414 401 Current assets Debtors Cash at bank and in hand 11 858 79,264 Y,282 62, 2B6 80,122 63,568 Creditons: amounts falling due wtthin one year 12 15.228) {5, 567) Net current assets 74,894 58,001 Totsl assels less current liabrlities 75,308 58, 402 Net assets excluding penslon asset 75,308 58,402 Total net assets 75,308 58,402 Charity funds Restricted funds Unrestricted funds 13 13 40,159 35,149 18,275 40, 127 Total funds 75,308 58.402 Page 8
HOME-START EXETER, EAST AND MID DEVON (A company Itmited by guarantse) BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024 The Charity was enlilled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtsin an audit for the year in question in accordance with section 476 of Companies Act 20[. The Trustees acknowledge their responslbilities for MplyIng Vth the requirements of the Act with respect to accountlng records and preparation of financial statements. The financial statements have been prepared in accordance with th8 provisions applicable to entities sublect to the small companies regime. Tbe flnancial ststsments were approved and authowd for issue by Ihe and signed on thelr behalf by.. Trustees on LE[IL(LF M Carter Chair of Trustees -JV QuJkn- The notes on pages 10 to 23 fonn part of these financial stslements. Page 9
HOME-START EXETER, EAST AND MID DEVON IA company limlted by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General 5nfomiation The charity is a company limited by guarantee. domiciled in England and Wales. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The r8gistered office is Exmouth Busin8ss Centre, 14 Hartley Road, Exmouth, Devon, EX8 2SG. Accountlng pollcles 2.1 Basls of preparation of flnancial statements The financial statements have been prepared in accordance with the Charities SORP {FRS 102) - 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 102) (effective 1 January 2019), the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Home-start Exeter, East and Mid Devon meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Golng concern After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. 2.3 Income All income is recognised once the Charty has entitlement to Ihe income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Where the donated good is a red asset. it is measured at fair value, unless Ét is imprdctical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the Charity's accounting policies. On re[pt, donated profe55ional serVIS and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 10
HOME4TART EXETER, EAST AND MID DEVON (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (contlnued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic beneffts will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity- The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activty and 5UPPOrt costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable actrvities is incurred on directly undertaking the actfvities whicli further the Charivs objectives, as well as any associated support costs. ' All expenditure is inclusive of irrecoverable VAT. 2.6 Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity., this is normally upon notification of the interest paid or payable by th8 institution with whom the funds are deposited. 2.6 Tanglble flxed assets and depreciation Tangible fixed assets costing £100 or more are caprtalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cosL Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Office equipment 2.7 Debtors 20% Straight-line method Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 11
HOME-START EXETER, EAST AND MID DEVON (A company Ilmfted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued 2.9 Liabllltles and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic ben&fit will be required in settlement, and Ihe amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 2.10 Financial instruments The Charity onty has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank bans which are subsequently measured at amortised cost using the effective interest method. 2.11 Penslons The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.12 Fund accounting General funds are unrestrided funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charty and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specrfic restrictions imposed by donors or which have been raised by the Charity for particular purp05es. The costs of raising and 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 financial statements. Investment income. gains and losses are allocated to the appropriate fund. Page 12
HOME4TART EXETER, EAST AND MID DEVON IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacles Unrestricted funds 2024 Total funds 2024 Donations 22,384 22.384 Totsl 2024 22,384 22.384 Unresfncted funds 2023 Total funds 2023 Donations 19.213 19,213 Income from charltsble actlvlties Restrlcted funds 2024 Total funds 2024 Grants 157,082 157,082 Restncted funds 2023 Tot81 funds 2023 Grants 108,365 108,365 Page 13
HOMETART EXETEI< EAST AND MID DEVON (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Investment income Unrestricted funds 2024 Total funds 2024 Investment income 582 582 Total 2024 582 582 Unrestncfed funds 2023 Total funds 2023 Investment income 259 259 Anatysi3 of expendlture by activities Activities undertaken dlrectly 2024 Support costs 2024 Total funds 2024 Family Support 145,054 18,088 163,142 Total 2024 145.054 18,088 163,142 AGtivities undertaken directly 2023 Support costs 2023 Total funds 2023 Family Support 132,312 22,181 154,493 Total 2023 132,312 22,181 154, 493 Page 14
HOME-START EXETER, EAST AND MID DEVON IA company IlmEted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure by activlties (continued) Anatysis of direct costs Family Support 2024 Total funds 2024 Staff costs Other 136,398 8,856 136,398 8,656 Total 2024 145,054 145,054 Family Support 2023 Total funds 2023 staff costs other 125,571 6.74q 125,571 6,741 132,312 132,312 Analysis of support costs Family Support 2024 Total funds 2024 Depreciation Office costs Propety costs Legal and professional other Govemance costs 129 4,962 8,810 130 2.159 1,898 129 4,962 8,810 130 2,159 1,898 Total 2024 18,088 18,088 Page 15
HOME-START EXETER. EAST AND MID DEVON (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure by activities Icontlnued) Analysls of support costs (continued Family Support 2023 Tol81 funds 2023 Depreciation Office costs Property costs Legal and professional Home-start lewy Other Governance costs 100 4,052 10,350 955 2,810 1, 395 2,519 4, 052 10,350 955 2,810 1,395 2,519 22,181 22,181 Independent examiner's remunerdtlon The independent examinerfs remuneration amounts to an indepeNlenl examiner fee of £504 (2023- £4801. Staff costs 2024 2023 Wages and salaries Social securty costs Contribution to defined contribLrtion pension schemes 126,113 117,374 4. 132 4,065 4,837 136,398 125.571 The av&rag8 number of persons employed by the Charity during the year was as follows: 2024 2023 No. Support workers Admin and support Page 16
HOMETART EXETER, EAST AND MID DEVON (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Staff costs (continued) No employee received remun8ration amountiry to more than £60,000 in eith8r year. During the year, remuneration and beneffts reIVed by key managamènt personnel was £NIL (2023 - £NIL) as the charity is belng managed by the Trustee5 who received no remuneration. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or otr*r beneffts (2023- £NIL). During the year ended 31 March 2024, expenses totslling £40 were reimbursed or paid diraclly to 1 Trustee(2023 - £122 to 1 Truste&l. The expenses related to meeting costs. 10. Tanglble flxed assets Offlce oquipment Cost or valuation At 1 April 2023 Additions 501 142 At 31 March 2024 643 Depreciation At 1 April 2023 Charge for the year 100 129 At 31 March 2024 229 Net book value At 31 March 2024 414 At31 Mah 2023 401 Page 17
HOME4TART EXEfER, EAST AND MID DEVON (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. Debtors 2024 2023 Due within one year Prepayments and accrued income 858 1, 282 858 1, 282 12. Credltors: Amounts falllng due wlthln one year 2024 2023 Other taxation and social security Accruals and deferred income 2,378 2,850 1,987 3,586 5,228 5,567 Page 18
HOMETART EXETER. EAST AND MID DEVON (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Ststement of funds statement of funds - current year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Unrestricted funds General funds Friends of Home-start 38,948 1,179 22,761 205 (26,695) (1,249 33,765 1,384 40,127 22,966 (26,695 (1,249) 35,149 Restrlcted funds Henry Smith Charity Garfield Weston National Lottery Action for Children Tesco HSUK JLP David Gibbons Foundation The Clare Milne Trust Peers Breathing Space Awards for all NLCF Cranbiook Town Council DCC Growing Communities DCC Innovation Grant DCC Localty Budget grants Hendy Foundation National Grid Communty Matters (1,450) 7.951 3,302 213 3,417 888 3,954 30,900 (19,696) (7,951) (62,228) (450) 13,3171 (950) (3,907) (3.399) (4,790) (174) 9,754 70,117 11,191 237 100 62 47 1,601 2,710 12.781 1,400 462 5,000 7.500 12,965 1,400 6,000 5,000 (6,538 (5,000) (950) (387) 950 500 113 4,475 1,500 (4,475) {1,500) Neighbourly Sainsburys Grants NL Community Org Cosl of Living Fund 11.736 111,735) 18,275 157,082 (q36,447) 1,249 40,159 Total of funds 58,402 180,048 (163,142) 75.308 Page 19
HOME-START EXETER, EAST AND MID DEVON (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Statement of funds (continued) Frlènds of Home4tart .' Regular standSng order donatb)ns from members of the Friends group to the specific bank account. Henry Smllh Charity :. This grant funds the running costs of Home-start Exeter, East and Mid Devon to be able to support vulnerable families for three years. Garfteld Weston :. This funds the salary of stsff. volunteer expenses and room rental to enabla us to increase the offer of Group support for tsvo years. Devon Communlty Foundation :. This grant funds supporting faMleS wth childr8n under 5 that were placed at a disadvantage due to the pandemic. The Natlonal Lottery Communlty Fund '. This grant fijnds the charity running costs to be able to support vulnerable families in Exeter, East and Mid Devon for three years. Actlon for Children : This grant fund5 the expansion ofour 0-2 mother and baby group, 'Mothers in Mind., Te8¢0 :. This funds a contribution to the salary of staff and volunteer expenses, to provide support for famllies who are struggling in East and Mid Devon for bNo years. Devon Communltlès Together :. The grant funds salaries and overheads to Increase stsffin9 capacity lo support familles across Exeler. East and Mid Devon. Tho Clare Mllne Trust .' The grant Ss a contribution to the $t of employing a volunteer coordinator and group worker who will ald the service viith supporting adults and ¢hildren with disabilities and special educational needs. FP Pears : The grant funds the costs associated with providing annual safeguardlng training for volunteers. Exeter County Coun¢ll :. This furKls the salary of stsff and also volunteer expanses to be able lo provid8 SUPPOrt for families who are struggling in Exeter for years. Devon County Council : This locality grant fvnds our support for families in Cranbrook and 8roadclyst 8r8as. Davld Glbbons Foundation : Thi5 grant funds volunteets to provide support to families in East Devon. HSUK :. Grant fund supports our groups In Exeter and East Devon. Pears Breathing Space A grant towards the costs of a Volunteer Coordinator supporting families, recruiting, training and supporting volunteers. and facilitating groups. Cranbrook Town Councll : A grant towards the running costs of our weekly groups held in Cranbrook, Devon County Councll Growing Communltles : Grant funding to add value to our established work, in¢lucling home-visiting and group support. and helpirvJ families to tackle the current cost of living issues and improving mental health and wellbeing. Devon County Councll Innovation Grants Scheme children and young people with additional needs (SEND). a grant to provide Hom6-Start support to families with Hendy Foundallon : a grant for the purchase of promotional products to raise awareness of our organisation. both lo families. potential volunteers and potential donor5. Natlonal Grld Community Matters - projed funding to support our vulnerable low-income familie5 who Struggled with fuellenergy costs, and to provide training for our Volunteer Coordinators and Volunteers. Neighbourlylsalnsburys Grant short project ftjnding to support families with frjod and nutrition advice, food budgeting, recipes and home cooking. and accessing food banks. Page 20
HOME4TART EXETER, EAST AND MID DEVON (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Statement of funds (contlnued) Natlonal Lottery Communlty Fund. Cost of Living Fund :. fvnding to cover the additional costs of running the chanly due to the cost of living crisis Awards lor All INLCF) :. A grant towards the running costs of our weekty group for Dads. Statement of funds - prior year Balan al 31 March 2023 Balance at 1 Apnl 2022 Transfers in/out Income Expendilu Unrestricted funds General funds Friends of HoMetart 42.406 5,692 19,092 380 (23,537) 987 {4, 893) 38,948 1,179 48,098 19.472 (23, 537) (3, 906) 40, 127 B81ance 8t 31 March 2023 Balance at l Apnj 2022 Transfers in/out Income Expenditur8 Restrlcted funds Henry Smith Charity Garfield Western Devon Community fund Nalional Lottery Action for Children Tesco Grants Devon Communities Together The Clare Milne Trust FP Pears Exeter County Council Devon County Council HSUK JLP David Gibbons Foundation 30,600 12.000 (32.050) (15.653) (5,OOOJ (54,055) (237) (2,083) (3, 856) (15,000) (14) (1, 856) (1,036) (112) (1,450) 7,951 11,604 57,357 450 3,302 213 3,417 2,000 3,856 15,000 14 q,856 36 888 3,954 3.958 36,960 108,365 (130,956) 3,906 18.275 Total of funds 85.058 127,837 {154,493J 58,402 Page 21
HOMETART EXETER, EAST AND MID DEVON (A company limtted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Summary of funds Summary of funds- currentyear Balance at 31 March 2024 Balance at 1 Aprll 2023 Transfers Inlout Income Expenditure General funds Restricted funds 40,127 18,275 22.966 157,082 (26,695) (136,447) (1,2491 1,249 35,149 40,159 58,402 180,048 1163,142 75,308 Summary of funds - prior year Balance at 31 March 2023 Balance 8t l Apnl 2022 TnSferS in/out Income Expenditure General funds Restricted funds 48,098 36,960 19.472 108,365 (23,537) (130.956) (3,908) 3,906 40, 127 18,275 85,058 127,837 {154,493J 58,402 Page 22
HOME4TART EXETEI< EAST AND MID DEVON (A company1Smited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. Analysls of net asset5 belween funds Analysls of net assets between funds - current period Unrestricted Restricted funds funds 2024 2024 Total fund5 2024 Tangible fixed assets Current assets Creditors due within ¢xÉe year 414 39,963 (5,228) 414 80,122 (5,228) 40,159 Totsl 35,149 40,159 75,308 Analysls of net assets between funds - prior perlod unstricted funds 2023 Restrlcted funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within one year 401 45,293 (4567) 401 63.568 (5,567) 18,275 Total 40, 127 18,275 58.402 16. Penslon commltments The charity operates a defined contribution pension schem8. The assets of the scheme are held separately from those of the charity in an independentty administered fund. The pension cost charge represents contributions payable by the charty to the fund and amounted to £4,837 (2023 - £4.065). Contributions totaling £Nil (2023 £Nil) were payable to the fund at the balance Sheet date and are included in creditors. 17. Related party transactions The charity paid for services from Ocean Blue Catering durlng the year totalling £170 (2023- £280>. There were no amounts outstanding at 31 March 2024. One of the trustees is a director of oan Blue Catering who provided food for a quiz evening. Page 23