Charlty roglstratlon numb•r 111666S Company regl$tratl¢n nUMr 05836827 {England and Wales) HOME-START NORTHAMPTON ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
HOME-START NORTHAMPTON LEGAL AND ADMINISTRATIVE INFORMATION Trustaas Mrs J Brooks Mrs A Draper Mr RADraper Mrs JE Halliwell Mr D Roberts Mr P Woodhouse Sè¢retary Mrs Z Reynolds Charlty number 1116665 Company number 05836827 Registered office Martin House 24 Hazelwood Road Northampton Northamptonshire NN1 1LN Ind8p&ndont examlnar DNG Dove Naish LLP Accountants Eagle House 28 Billing Road Northampton NN15AJ Max Engel & Co LLP 8 Hazelwood Road Northampton Northants UK NN1 1LP Sollcltors
HOME-START NORTHAMPTON CONTENTS Page Trustees. report Indtrpendent examin&¢s r&port Statement of financial activilies Balance sheet Notes lo the financial statements 9-17
HOME-START NORTHAMPTON TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The Iruslees who are also directors present their annual report and financial statements for the year ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the financial statements and comply with the charity's goveming document, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard 8pplicable in the UK and Republic of Ireland IFRS 1021. leffe¢tive 1 January 20191. Objectives and aim5 Home-slart is a voluntary organisalion, commilled to promoting the welfare of farnilies with al least one child under five yèars of agè. Volunteers offér régular support, frièndship and practical hélp to families under stress in their homes, helping lo prevent family crisis and breakdown. The objectives of the Charity as sel out in Ihe Constitution are.. To promote education in better standards of childcare and lo relieve sickness, poverty and need amongst children and parents of children within Northampton. The objtrcls for which Home-start is trstablished are.. a. to safeguard, prote¢t and preseNe the good health, both mental and physical, of children and parents with children. b. to prevent cruelty to, or maltreatment of children. c. lo relieve sickness, poverty and need arllongsl children and parents of children. d. to promote tha trducalion of the public in better standards of Child care wthin the area of Northampton and ils environs. The Trustees attain these objects by delegating the day to day running to Mrs B. Bames, who reports every six weeks to the management committee which is made up of Trustees and other appointed members. Home-slart aiTllS to increase the confidence and independence of the family by.. a. offering support, friendship and practical assislanc8,' b. visiting families in their own homes. where the dignity and identity of each adult and ¢hild Can be respected and protected., c. re-assuring parents with difficulties in bringing up children that they are not unusual and, encouraging them lo enjoy a family life. d. developing a relationship wth the family in which lime can be shad and understanding can b9 developed. the approach is flexible lo take a¢¢ounl of different needs., e. encouraging parent's strengths and emotional well being for the ultimate benefit of the children,. f. encouraging families to widen their network of relationships and to use effectively the SUPPDrt and services available within the community. In setting its aims and objectives, the trustees have had regard to the guidan from the charity ommission on public slal8ment of benefit. The summary of the Charity's achievements and performance demonslrale how the ¢harily has sel out to fulfil ils prin¢iple ¢haritsble objectives. There have been no changes in the objectives and rK)licies since ihe last report.
HOME-START NORTHAMPTON TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The trustees have paid due regard to guidan issued by the Charity Commission in deciding what activities the charity should undertake. Scheme Managers Report Happy 40th birthday Homg Start Northampton and Happy Soth year to Homè Start UKI We feel privileged lo have been SUPPDrting families and children, in Northampton for 40 years. I say a privilege because families open their doors to us at a point in their lives where things have become difficult. They understand that we are there with them though the thick and thin wilhoul judgment, we let them lead the way, we build trust and we empower, and we go above and beyond in the hope that we can make a difference, whether that be big or small. I remémbér th8 fèèlings whgn I becom8 involvéd with Home Start Northampton 15 years ago, thè anticipation, the nerves, the excitement and an overarching feeling of altruism and all that goes with it. Bernie and Rose facilitated my "Prep CoLJrse" and I knew I would love being a volunteer, motivated by being in a position where I was able to use my experiences and give back. 15 years on, l am back and managing the service. Last September those feelings returned, I walked through the doors al Martin House and was welcomed by a fantsslic team of staff, volunteers, and trustees. The staff team has grown over the year with thanks lo funding from the Northampton Community Foundation and West Northants council. We have employed 2 part-time Family Support Workers in order to reach more families antj support wilh complex needs. With a shortage of volunleers and ever-growing enquiries about support from referrers, we have had to think more flexibly about the support we offer. For 6 months of last year, the enquiry list was closed, meaning no new referrals were accepted and new families were offered our support. We were able to reopen this last October and it has remained so. The need for support has always and continues to oulslrip our capacity but by expanding our offer with group support, virtual support and intensive 3 month support on lop of volunteer home visiting support, we have reached more familiss and children, and continue to make a difference. The Commitment to helping families give their children the best start in life is at the heart of Home Start Northampton. The free events over the Summer holidays and at Christmastime enabled children and their parentsl carers to share fun experiences and make special memories. This has been especially important as the Cost of Living crisis has, and continues to have a massive impact on the families and children we are supporting. We know firsthand that parenlslcarers have had lo make difficult decisions. Decisions to feed themselves or their children, lirlliling the lime the healing is on for, only using a hob to cook meals as il is cheaper than using the oven, and not being able lo afford petrol in the car lo lake the children lo school. The next few months will prove difficult. bul our volunteers and stsff will work tirelessly to help, advise 8nd support in that difficult decision to make sure the impact on children's health and wellbeing is minimized. The last few months have seen growth and positive change within the scheme, despite the ongoing challenges we face. Our supporters are growing, and we are building positive relationships with statutory, voluntary, and corporate organisalions. Over the next year we will continue find lo ways to support more families and children in Northampton and lo meet the increasing need. This will not be achieved without the ongoing commitment and enthusiasm of all our volunteers, so, THANK YOU! Wilhoul you, we simply couldn't do what we do.
HOME-START NORTHAMPTON TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Financial review Incoming Resources Total inming reSoue$ for the year amounted to £122.54612022 - £154,897). In the 2022123 year we saw the last of our Big Lottery funding, however we continued to received our full years funding from BBC Children In Need and were awarded several grants from West Northamplonshire Council, John Lewis and the Society of the Holy Child Jesus lo fund the scheme and its service offering. In 2021122 we reiVed grant for the Nationwide Building Society which was to cover future core costs, which has also been ulilised in the year. Our fundraising and trustee team also continued their g81 su¢¢ess in securing additional small grant funding and donations to enable us to provide on-going family support. Donations amounting to £39,29412022 £31,946) were received, with continued support from the Sudborough Foundation, along with Northants Poli and David Williams to name a few. We are extremely grateful as the donations are a much-needed source of income for the scheme. Outgoing Resources As with prior years, due lo the nature of the services we provide the majority of our wsts are fixed. Our main expenditure ¢ontinues to be stsff ¢osts and volunteer expenses, totalling £108,549 for the year12022 £75,786), which accounts for over 70 /0 of total expenditure for the year. ContinLJed cost scrutiny has resulted in overhead costs remaining consistent and in line with expectations. Due to a largely fixed cost base a deficit has arisen for the year of £34,647 12022 surplus £47,076) which is funded from our brought forward reverses, which includes the prior year Nationwide Building Society grant. We continue to have a strong balance sheet, with nel assets of £136,87312022 £171,5201, which will fund the scheme in the short to medium terrn. Given the current e¢onomi¢ ¢limate there is increased pressure on future funding streams, however 8$ trustees we continue to explore additional funding to maintain our high-quality service to ensure the scheme remains sustainable and available to the families who need our support. Dan Roberts BA FCA Treasurer
HOME-START NORTHAMPTON TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Reserves policy Home-slart Northampton, with the use of volunteers, is committed lo offering support, friendship and practical help lo local and diverse families. We ensure that resources are sustsinable and of the highest quality in order to provide our services lo families and support our volunteers. The nature of our work means that expenditure is largely fixed. with over 70°/o of expenditure relating to stsffing and volunteer costs. Therefore the trustees have set a reserves policy which requires.. al reserves are maintained al a level which ensures that Home-slarvs core activity could continue during a period of unforeseen difficulty., bl provide funds which c8n be designated to projects 8t short notice in the event of 8 perceived need., cl to cover additional management, administration, fundraising and volunteer expenses when necessary, dl a proportion of reserves are maintained in a readily realisable form. The trustees have examined the requirement for free reserves, which are those unrestricted funds not designated or otherwise ¢ommitted and Consider that given the nature of the charity's work, the liming of Core funding and expectations of stakeholders, free reserves should be at a minimum of six months core expenditure. Any shortfall or excess in reserves will form part of the scheme's planning, budget and forecast cycle. Changes in funding and the growing demand for the services Home-start Northampton offer require us lo review our reserves policy on an annual basis lo ensure Servi levels and future growth can be adequately funded. Structure. governance and management Govèrnlng documént The charity is conlrolled by its governing document, a deed of trust, and constitLJtes a limited company, lirnited by guarantee, as defined by the Companies Act 2006. The organisation is a charitable private company limited by guarantee, incorporated 5 June 2006 and registered in England and Wales. The company registered as a charity on 7 November 2006. The Company was established under 8 Memor8ndum of Association which established the objects and powers of the Charitablè Company and is governed under its Articles of Association. In thè event of the company being wound up, every member of the Charity undertakes to contribute such amount as may be required (not exceeding £11 to the Charity's assets if it should be wound up while Islhe is a member or within one year after Islhe aSeS to be a member.
HOME-START NORTHAMPTON TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The trustees, who are also the directors for the purpose of company law, and who served during the year and up lo the dale of signature of the financial statements were.. Mrs J Brooks Mrs A Draper Mrs J Allsopp Mr RA Draper Mrs JE Halliwell Mr D Roberts Mr P Woodhouse Mr L Bloomer (Resigned 5 October 20231 (Appointed 21 July 2022 and resigned 10 March 20231 Recruitment and appointment of new trustees The Directors of the company are also Charity Trustees for the purposes of charity law and under the company's Articles are known as Trustees. Under the requirements of the Merllorandum and Articles of Association the Trustees ar& elected lo serve for 8 determined period, after which thay musl be re- elected at the next Annual General Meeting. At e8¢h Annual Gener81 Meeting one-third of all Trustees are required to retire. The management committee comprises of individuals with diverse experiences and skills who are passionate and committed to achieve and preserve the charity's charter. In this spirit, trustees within the charity volunteer their services. The management committee reviews potential Iruslees to match their experience and skills lo best serve the charity. Trustees identified are then pul forward lo the members al the Annual General Meeting. Indu¢tlon and tralnlng of new trustees Newly elected trustees are provided guidance and mentoring by the existing trustees. This inclLJdes communicating the responsibilities of being a trustee, ensuring thal the goals, objective and members, interests are looked after. The committee meets regularly to discuss issues, offer advice and support to fellow trustees. The trustees, report was approved by the Board of Trustees. Mr D Roberts Trustoa Date.. ..30-.0.1.-2024....................
HOME-START NORTHAMPTON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME-START NORTHAMPTON I report to the trustees on my examination of the financial statements of Hom&Start Northampton (the charilyl for the year ended 31 March 2023. Responsibilities and basis of report As the ttuslees of the ch8rily18nd also ils directors for the purposes of wmpany lawl you are responsible for the preparation of the financial slalements in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Act). Having satisfied myself that the financial statements of the charity are not required lo be audited under Part 16 of thè 2006 Act and are èligiblè for indèpéndènt èxamination, I r8POrt in respèct of my èxamination of the Charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Direcb'ons given by the Charity Commission under section 14515llbl of the 2011 Act. Indèpendent axamlnorfs statament I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records,. or the financial ststemenls do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Use of our report This report is made solely lo the charitable cornpany's members, as a body, in accordance with Chapter 3 of Part 16 of Ihs Companies Ad 2006. Our independent examin8lion work has been undertaken so that we might slate to th& Charitable company's members those matters we are required to stsle lo them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone olher than the charitable company and the charitable company's members as a body, for our independent examination work, for this report, or for the opinions we have formed. Nicola Fox FCA DNG Dov¢ Nalsh LLP A¢¢ountsnts Eagle House 28 Billing Road Northampton NN15AJ Dated: .3.Q..JAlluaKy,2924
HOME-START NORTHAMPTON STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restricted fund$ funds 2023 2023 Totsl Unrestricted Restricted funds funds 2022 2022 Total 2023 2022 Notes Incom8 from: Donations and legacies Investments 97,755 350 24,441 122,196 350 92,195 36 62,666 1 $4,861 36 Total income 98,105 24,441 122,546 92,231 62,666 154,897 Ex enditure on- Charitable a¢tivitigs 111,342 45,851 157,193 87,974 19,847 107,821 Net lexpendituralllncome for the yearl Net movement in funds 113,2371 {21,4101 134,6471 4,257 42,819 47,076 Fund balanS al 1 April 2022 128,701 42,819 171,520 124,444 124,444 Fund balances at 31 March 2023 115,464 21,409 136,873 128,701 42,819 171,520 The ststemenl of financial 8clivilies includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The statement of financial activities also complies wrfth the requirements for an income and expendtture account under the Companies Act 2006.
HOME-START NORTHAMPTON BALANCE SHEET ASAT31 MARCH 2023 2023 2022 Notes Fixed a55ets Tangible assets 10 683 Current assets Debtors Cash at bank and in hand 11 1,027 137,555 1,314 170,228 138,582 171,542 Creditors.. amounts falling due within on¢ y¥ar 12 11,7091 17051 Net current assets 136,873 170,837 Total assets less current liabilities 136,873 171,520 Income fund5 Restricted funds Unrestricted funds 13 21,409 115,464 42,819 128,701 136,873 171,520 The company is enlilled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of financial statements. The members have not required the charitable company to obtain an audit of its financial slalements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. Tho finan¢ial ststsmenls were approved by the Trusletrs on 30-01-2024 Mr D Roberts Trust•8 Company reglstratlon numbor 05836827
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies Charity information Home-slart Northampton is a private company liThiled by guarantee incorporated in England and Wales. The registered office is Martin House, 24 H8zelwood Road. Northampton, Northamptonshire, NN1 1LN. 1.1 Accounting convention The financial statements have been prepared in ac¢ordan¢e with the charity's goveming document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and RepLJblic of Ireland" I'FRS 102.1 and the Charities SORP 'Accounts'ng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The charity is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantage of th& provisions in the SORP for charities not to prepare a Statemènt of Cash Flows. The financial stslemen15 are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial ststemenls 8re rounded to the nearest £. The financial slalements have been prepared under the historical cost convention. The principal accounting policitrs adopted are sel out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate reSoUrS to continue in operational existen for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable fund5 Unrestricted funds ar8 availablè for use at thè discmtion of th8 trusteas in ftJrthÈrancè of their charitablè objectives. Reslricled funds are sutijecl lo specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are sel out in the notes to the financial slalements. Endowmgnt funds are subject to specific Conditions by donors that the capitsl must be maintained by the charity. 1.4 Income Income is cognised wh&n the charity is legally entitled lo il afttrr any performance ¢x>nditions have b&en met, the amounts can be measLJred reliably, and il is probable that in¢ome will be rgGeiv&d. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised al the lime of the donation. Legacies are rscognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and re¢eipt is expected. If the amount is not known, the legacy is treated as a ¢ontingent asset.
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 A¢¢ounting poli¢ies (Continued} 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable Ihat a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable lo a singl& activity are 8lloc8ted directly to that 8¢tivity. Shared costs whi¢h contribute to more than one activity and support ¢osts whi¢h are not attributzblè to a single activity arè apportioned bebNèèn those activitiés on a basis consistent with thè use of soUrces. Central staff costs are allocated on th8 basis of timè spant, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost and subsequently measured at Cost or valuation, net of depreciation and any impairment losses. Depreciation is recnISed so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Plant and equipment 500/0 on cost The gain or loss arising on the disposal of an asset is detemiined as the differen between the sale proceeds and the carrying value of the asset, and is recognised in the statement of finanaal activities. 1.7 Impairment of fixed assets Al èach reporting end dat8, the Charity rèviews the Carrying amounts of its tangible assèts lo dètemiine whether there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of Ihree monlhs or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls. Financial instruments are recognised in the charity's balance sheet when the Charity btrcomtrs party lo the ¢ontractual provisions of th& instrLJmanl. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and setue the liability simultaneously. Baslc financlal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price Including transadion costs and are subsequently carried al amortised cost using the effectiv interest method unless the arrangement conslilules a fin8ncing transaction, where the transaction is measured at the present value of the future re¢eipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 10-
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 A¢¢ounting poli¢ies (Continued} 8asiTC financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable ¥Mthin one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquirèd in thè ordinary course of operations from suppliers. Amounts payable are classified as CLJrrent liabilities if payment is dua within onè year or less. 11 not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cosl using the effective interesl method. Derecognition of financial liabilitigs Financial liabilities are derecognised when the charity s conlraclual obligations expire or are discharged or cancelled. 1.10 Taxation The charity is exempt from corporation tax on ils charitsble activities. 1.11 Employee benefits The cost of any unusetJ holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed lo lerminale the employment of an employee or lo provide termination benefits. 1.12 Retirement benefits Payments to definèd Contribution retirement benefit schemes are Charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity's accounting policies, the Iruslees are required to make judgements, estimates and assumptions about the carrwng amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actu81 resLJlls may diff8r from these eslimales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to a¢¢ounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of Ihe revision and future periods where the revision affects both current and future periods.
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HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Investments Unrestricted Unrestricted fund5 fund5 2023 2022 Interest receivable 350 36 Charltsblo a¢tlvllloS 2023 2022 staff costs Volunteer expenses Stsff travel and expenses Outings, Christmas, etc Consultsncy 106,240 2,309 1,073 6,492 4,073 73,909 2,532 737 2,408 120,187 79,586 Share of support costs (see note 61 Share of governance costs (see note 61 35,231 1,775 26,436 1,799 157,193 107,821 Analysis by fund Unrestricted funds Restricted funds 111,342 45,851 87,974 19,847 157,193 107,821 13-
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Support costs Support Governance ¢o$ts costs 2023 Support Governance Costs ¢osts 2022 Rents, rates and parking Light, heat and insurance R&pairs Postage, stationary and telephone Miscellaneous expenses Homtrstart fee Consultancy Depreciation 5,210 3,824 4,515 5,210 3,824 4,515 4,019 3,471 2,533 4,019 3,471 2,533 9,408 4,109 3,562 3,920 683 9,408 4,109 3,562 3,920 683 7,757 1,410 3,594 1,600 2,052 7,757 1,410 3,594 1,600 2,052 Independent examiner fee Accountancy and legal fees 924 924 840 840 851 851 959 959 35,231 1,775 37,006 26,436 1,799 28,235 Analysed between Charitable activities 35,231 1,775 37,006 26,436 1,799 28,235 Governance costs includes payments lo the independent examiners of £851 12022 - £9591 for payroll fees. Trustees None of the trustees lor any persons connected with them) received any remuneration, expenses or benefits from the charity during the year. Employees The average monthly number of employees during the year was.. 2023 Number 2022 Number Employment ¢ost$ 2023 2022 Wages and salaries Other pension costs 101,166 5,074 69,879 4,030 106,240 73,909 14-
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Employees (Continued} The trustees consider th81 the board of trustees Comprise the key m8n8gemenl personnel of the ¢h8rily in charge of dire¢ling and Controlling the Charity. The Iruslees received no remuneration or benefits during the yèar, There were no employees whose annual rtsmuntrralion was more than £60,000. Taxation The charity is exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxalionof Chargeable Gains Act 1992 to the exlenl that these are applied to its charitsble objects. 10 Tangible fixed assets Plant and equipment Cost At 1 April 2022 13,276 Al 31 March 2023 13,276 Depreciation and impairrnent At 1 April 2022 Depreciation charged in the year 12,593 683 At 31 March 2023 13,276 Carrylng amount At 31 March 2022 683 11 Debtors 2023 2022 Amounts falling due within one year: Prepayments and accrued income 1,027 1,314 12 Creditors: amounts falling due within one year 2023 2022 Trade creditors Accruals and deferred income 704 1,005 705 1,709 705 15-
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 Restricted funds The income funds of the charity include restricled funds comprising the following unexpended balances of onations and grants held on trust for speafic purposes.. Movement in funds Incomlng Resources Balance at Resources 8xpended 1 April 2022 Movement in funds Incomlng Resourc88 Balanc8 at Resources expended 31 March 2023 Nationwide Building Society Children in Need 42,819 19,847 42,819 121,4101 124,4411 21,409 119,8471 24,441 62,666 119,8471 42,819 24,441 145,8511 21,409 Nationwide Building Society fund represents a grant reiVed from the Nationwide Building Society lo fund scheme costs over a two year period in relation to helping vulnerable families thrive in their home. Grant reiVed lo cover core costs for 2022123 and 2023124 Children in Need fund local families. represents a grant received from Children in Need to providg volunteer support to 14 Unrestricted funds Movement in funds Balance at Net mtsvement 1 Aprll 2021 Movement in funds Balancè ai Net movement 1 Aptll 2022 Balance at 31 March 2023 General fund - core Property maintenance fund Non-core funds 67,483 5,000 51,961 4,257 71,740 s,ooa 51,961 113,2371 58,503 5,000 51,961 124,444 4,257 128,701 113,2371 115,464 General fund - core - This arises from council and other grants and must be used for the general purposes of th transfer from non-core funds. Propety Maintenan fund - The trustees, have established this fund, by a transfer from non-core funds, to en case of any unforeseen expenditure. Non-core funds- These arise from other 8Ctivilies and donations and a available for use al the trustees, discre 16-
HOME-START NORTHAMPTON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 15 Analysis of net assets between funds Unrestricted Restricted funds funds 2023 2023 Total Unrestricted Restricted funds funds 2022 2022 Total 2023 2022 Fund balances at 31 March 2023 are represented by.. Tangible assets Current assetsllliabilitiesl 683 128,018 683 170,837 115,464 21,409 136,873 42,819 115,464 21,409 136.873 128.701 42,819 171,520 16 Related party transactions There were no disclosable related party transactions during the year12022 - none). 17-