Home-start Chichester & District Trustees, annual report For the year ended 31 March 2023 Chichester & District Charity registration number 1123768 Company registration number 6552088 (England and Wales) Home-start Chichester & District (A Company limited by Guarantee) Annual Report and Financial Statements For the Year Ended 31 March 2023 ## **HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE)** ## **CONTENTS** Pages 2 to 8 Trustees Annual Report Page 9 Statement of Financial Activities Page 10 Balance Sheet Pages 11 to 19 Notes to the Financial Statements Page 20 Independent Examiners Report 1 Contents ............................................................................................. ....................................................................................................................................... ............................................................................................................. ..................................................................................................................................... ............................................................................................................. ............................................................................................................................ ................................................................................................................................... ..................................................................................................................................... ................................................................................................................................ ........................................................................................................................................... .................................................................................................................................... ............................................................................................................................................. ................................................................................................. Home-start Chichester & District Trustees, annual report For the year ended 31 March 2023 Chichester & District Reference and administrative information Charity number 1123768 Company Registration number 6552088 Business and registered office Chichester Nursery School Children & Family Centre St James Road, Chichester, West Sussex P019 7AB Trustees John Nash (Co-chair from 4, November 20221 Margaret Jago (Co-chair from 4th November 20221 Cynthia Chitty Rebecca Edwards Judy Gershater Lisa Hall Henri Habershon th Valerie Hughes (resigned 4 November 20221 Christopher Wiltshire (resigned 4th November 20221 Company Secretary Peter Brackley Financial Advisor Simon Rit50n Independent Examiners Independent Examiners Ltd Bankers CAF Bank - Total families supported **132** - Total children under 5 supported **149** - Total children over 5/under 18 supported **78** - 1-to1 weekly support within the home - 3 supported groups took place each week. - Family Teas - Outings Chichester Festival Theatre, Little City Role Play, Chichester Harbour, Tuppeny Barn, Easter Canal Trip, Christmas Party Additional Support Understanding Anxiety course, BT Chromebook giveaway, White Stuff Warm Home Event, food and toiletry supplies, furniture, and house supplies. - Number of referrals **117** - **46%** from GP/Health Visitor - **10%** from an education setting - **17%** from Perinatal Mental Health Service - **6%** from Social Services. - **21%** made up from local council teams, self-referrals, other community organisations and family support services. - Chichester City **40%** - East **11%** - North **21%** - South **9%** - West **19%** - **47%** of parents struggle to cope with their mental health issues. - **20%** of parents report problems with loneliness and social isolation. - **12%** of parents experience problems coping with their behaviour, development, or health issues. - **10%** of parents are struggling with financial and home management issues. - Parents also report struggling with physical health, self-esteem and learning needs. - **720** hours of volunteering - **15%** for family groups and activities - **60%** for home visiting - **25%** for supervision - West Sussex County Council - Chichester District Council and Chichester City Council Health Visitors and Social Services - Foodbanks and UK Harvest - Chichester Harbour Rotary Club Early Years, Nursery and Education settings Mental Health and Family Support organisations - Funding includes pressure on funders due to an economic downturn. - Staff (retention of key staff members) - Volunteers (pressure on recruitment of new volunteers) - Health and Safety - Data protection - Quality of service and reputation This prudent approach to reserves taken by the Trustees is due to the simultaneous loss of statutory funding and the rejection of a repeat long-term Lottery grant nine years ago, leaving the charity in a difficult financial position for several years until reserves were rebuilt. - Start of a three-year project to expand services in the West Manhood area of the district; funding provided by a local Trust based in The Witterings. - Military Services support group and family support at Thorney Island working with families of military personnel. - Baby and Me Group provision for first-time parents to be supported. - Mental Health courses. - Solihull Parenting technique training for all staff, who will run courses for parents. - Brand awareness and partnership projects throughout the district. - Healthy Eating focuses on free fruit and vegetable provisions for families. Mr I'IL Trustees, annual repwt For the year ended 31 March 2023 Chichester & Distrlct Statement of Directors, Responsibilities The Charilies Act and the Compaftles Att requirethe Board of Trustees to prepare financial 5t3temeni5 for eacn financial year. which gNe an accurnte and fair view of the charity's situation at the end of the financial year and of the surphjs or deficit of the chaiity. In preparing these financial statements. the Board is ￿0ViTPd to: Selett suitable acc(wntin8 poficies and then •pplythem consi5tefjlty. Make judgements and estlfftates that are reasonable and prudent. Preparé the financrdl statements on a goi￿ contem basls unle55 it 15 Inappropriate to preAJme that the Charity wim contiAue in business and State whetherappli¢able accounting standards and statements of recommended practice have been followed. subject to any material departures disclosed and explained in the financial statement& The TNstees a￿ responsible for maintainFng adequate accouffling records which di5¢1ose with ￿aSOnable a¢curary at ary tlme the financial positson of the tharty and which a￿ suffi(ient to show and explain the charitfs transactions and enablethemto ensure that the financial ststemepts coryfywith the Cornpanies Act 21X)6 and comply with re8ulatloTrs made under the CharitSes Act. They ale also respon5ii)le for safeguaftiing the ¢ha¢itls assetsand. hence. fortakine Tra50nablestepsto pr¥￿nt and detect fTrud and other iNe8ularities. The Trustees are also responsible for the contents of the Tnthes, reporL and the responsibility of the Independent exarninerto theTnth5' reith 15 limited to examinin8 the report and Ensuring thaL on the face of the repDrt. there are no inc0nsisterrt￿S wilh the fi8vre5 diEr105ed in the ffinaw.*l statempnts. These accounts have been p￿ pared followi08 the provisions appficable to companies subiert to the small companies. regime. l approve the attached statement of financial activities and balance sheet for the year ended 31 March 2023 and confimi that I have made all information netessary kn its preparation avaiiaDIe. AppToved by the Djredors ￿ September f. 2023. Slgned on thelrlxhalfby Dlr4rt0rf5) Prlfit Nam• SI￿￿ture Mar8aretJ Mh£aARE< Sfrk*J .A. John Nash HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023 Unrestricted Designated Restricted Funds Funds Funds TOTAL 2022123 TOTAL 2021122 Ntst¢s INCOME AND ENDOWMENTS FROM Donations and Legacies 2• 116,083 66,750 182,833 98,512 other Trading Activities 2b 7,676 7,676 5,019 Investrnent Income 972 972 23 TOTAL 124 731 191 481 103 554 EXPENDITURE ON: Raising Funds 18,824 18,824 15,989 Charitable Activltles 3b 77.352 52,338 129,690 130,958 TOTAL 17 514 14 47 NET INCOME/(EXPENDITURE) 28,555 14,412 42,967 (43,393) Transfer Between Funds Reconciliation of Funds: Total Funds Brought Forward 93,435 20,000 6,529 119,964 163,357 TOTAL FUNDS CARRIED FORWARD Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 11 to 19 fo￿ part of these financial statements. HOME START CHICHESTER & DisfRICT (A COMPANY LIMITED BY GUARANTEE) 8ALANCE SMEEr AS AT 31ST MARCH 2023 Compjny regl*tratlon number. 06552088 Unrestricted Designated Resrricted 31-Mar-23 31-M*r-22 Funds Funds Funds Total Tot•1 Flxed Asxts Tanglble Assers Current Assets Debtors & Prepayments Cash at Bank and in Hand Trtal cU￿ent A9sets 210 124.782 210 165 936 14 122,269 Creditors: amounts fallino due within one year 3,002 213 3,215 2,305 CURRENT ASSETS 121,9 20,000 20,941 162,931 119,964 TOTAL ASSETS less current liabilities 21.990 20,941 119,9 NET ASSErs Funds of the Charity General Funds - Unrest￿rted Restricted Fund5 fjeneral Funds - Designated 121,990 121,990 20,941 20,000 93,435 6,529 20,000 20,941 20.000 Totzl Funds The company wa5 entitled to exemption frvm audlt under $477 of the Companles Att 2006 relatlng to small companies. The members have not required the cOM￿n¥ to obtaln an audit in acco￿an￿ with sectfjon 476 of the Companles Art 2006. The d1￿ctOrS acknowledge thelr re5pon5ib11ities for complylng wlth the requi¥ements of the Cotnpanies Act wlth respect to accoun￿￿9 record5 and the pr2paration of actDunts. Thèse accaunts have been prepared In accordance v4ith the PFDvislons applicable to small c￿panIeS subjert to the small companSes regirne and In accorO8ttce wlth FR5102 SORP. Approved by the Directors on the......-.....-.. Signed on thelr behalf by Director ........................ Print Name.. io HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 Summary ot slgnlflcant accountlng pollcles and key accountlng estlmates The principal accounting policies applied In the preparation of these financial statements are set out below. These policie5 have been consistently opplied to all the years presented, unle55 Otherwise stated. statement of compllance The financial ststements have been prepared in accordance with Accounting and Reporting by Charities.. Ststement of Recommended Practice appllcable to charltles preparlng thelr accounts In accordance with the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191 Icharities SORP IFRS 10211, the Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland IFRS L021. They also comply with the Cotrpanies Act 2006 and Charities Act 2011. 2011 Basls of Preparatlon These attounts hÈvÈ bÈÈn prepared undÈr thÈ historical cost tonvÈntion with itÈms recognisÈd at cost or transartion value unless otherwise stated In the relevant notelsl to these accounts. Advantage has been taken of Section 396151 of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operatlon and in order to comply wlth the requirements of the SORP. The company has taken advantage of the exemption in Financial Reporting Standard No I from the requirement to produce a cash flow statement. Home Start Chichester & District meets the definition of o publi¢ benefit entity under FRS102. A55ets and liabilities are initially recognised at historical cost unless otherwise stated In the relevant accounting policy notes. Preparation of accounts on a going concern basi5 Preparation of the account5 15 on a going concem bo515. The Trust￿ are of the view that the level of reserves will support th& charity going forward. Chartge$ to accounting estimates No changes to accounting estimates have occurred in the reporting period. Mjterial prior period errors No material prior year errors have been Identified in the reporting period. The particular accounting Policies adopted are set out below. I. ACCOUNTING POLICIES Rerggnition of Income These are included In the Statement of Financial Activities ISOFAI when.. the charity becornes entitled to the income,. it Is more likely than not that the trustees will receive the resources,. and the monetary value can be measured with Offsettlng There ha5 been no offsetting of assets and liabilitie5, or income and expenses, unle55 required or pemiitted by the FRS 102 SORP or FRS 102. Grènts ènd Donations Grants and donations are only included in the SOFA when the general income recognition criteria are met 15.10 to 5.12 FRS 102 SORPI. Tax Reclalms on Donatlons and Glfts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is Considered to be part of that gift and is treated as an addition to the 5atne fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractuèl Income and Performanre Related Grants This is only Included in the SOFA once th& charity has provided the related goods or s&Nices or met the performance related conditiOn5. Gift5 in Kind Gifts in kind for use by the charlty are Included In the SOFA as Income from donatlons when recelvable. li HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 Legacies Legacies are includÈd in thÈ 50FA whÈn rÈtÈipt is probablÈ, that is, when therÈ has been grant of probÈtÈ, the executors have established that there are sufficient assets In the estate and any conditions attached to the legacy are Èither within thÈ control of the thèrity or have been met. Government Grants The charity has received governtnent grants in the reporting period Donated goods Donated goods are measured at fair value (the amount for whlch the asset could b& exchanged) unless impractlcal to do so. The c05t of any stock of goods donated for distribution to beneficiaries is deemed to be the foir value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period In which the stocks are distributed, they are recognised os an expense at the carrying arnount of the stocks at distribution. Donated goods for resale are tlleasured at fair value on initial recognition, which is the expected proceeds from Sale less the expected costs of sale, and recognlsed in 'Income from other tradlng actlvitles, wlth the corresponding stctk reCi￿niSed in the balance sheet. On its sale the value of stock is charyed against 'lncome frorn other trading activities. and the proceeds from sale are also recognlsed as 'Income from other t￿dIng artivltles.. Goods donated for on-going use by th& charity a￿ ￿tOgnISed as tangible fixed assets and included in th& SOFA as incoming resources when receivable. Donated Services and Facilities Donated service5 and facilities are included in the SOFA when received at the volue of the gift to the charity provided the valu& of the gift can be measured reliably. Donated services and facilities that are consumed Imrnediately are recognised as incorne with an equivalent amount rÈtognised as an expense under th& appropriate hèading in the SOFA. Volunteer Help The value of any voluntary help received 15 not included in the accounts but Is described in the Directors. annual report. Income from interest, royalties and dividend5 This is included in the accounts when ￿t￿lpt is probable and the amount ￿ceiVable can be measured reliably. Inv¢stm¢nt Gain$ and Lts$s*s This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to morket value at the end of the yeor. Settlement of Insurance Claims Insurance claims are only Included In the SOFA when the gene￿1 income recognltion criterla are met15.10 to 5.12 FRS 102 SORPI and are included a5 Itetn of other incotne in the SOFA. Income from membershlp subscrlptlons Membership subscriptions receivèd in thÈ nature of a gift are recognised in Donations and Legacies. Membership subscriptions whith givÈs a membÈr the right to buy seThiices or other bÈnefits arÈ recognisÈd as intome earned from the provision of goods and services as incorne from charitable activities. 12 HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 Liability Recognitlon LiabilitiÈs are rÈtognised where it is more likely than not thèt there is a legal or constructiv& obligation tommitting the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governanre and Support Costs Support costs have been allocated between governance costs and other support. Governance costs cornprise all costs involving public accountability of thÈ tharity and its compliènte with rÈgulation and good prartice. Grants with Performan¢* Conditions Where th& charity gives a grant with conditions for its payment being 8 specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. Grants Payable without Performance Conditions Where there are no conditions attaching to the gront that enables the donor charity to ￿aliStICallY avoid the commitment, a liability for the full funding obligation must be recognised. Employee benefits Short term benefits Including holiday pay are recognised as an expense in the period In which the service is received. Redundanty c•$t The charity made no redundancy poyrnents during the reporting period. Deferred income No material itÈm of deferred income has bèen included in the accounts. Creditors Th& charity has creditors which are measured at settlement arnounts less any trade discounts. Provisions for liabilities A Ilabllity is measured on recognltlon at Its historlcal cost and then subsequently measured at the best estlmate of the arnount required to settle the obligation at the reporting date Legal status of the charlty The charity is a company Iirnited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. Flxed Assets These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at C05t or, if gifted, at the value to the charity on recelpt. Depreciation Expense Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a Straight line over 3 years from the month they are purchased. Herltaye assets The charity does not hav& heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held fjnd rnaintoined principally for their contribution to knowledge and culture. Investments Fixed asset investments In quoted shares, traded bonds and similar Investments are valued at inltlally at cost and Subsequently at fair value (their rnarket value) at the year end. The sawe treatment 15 applied to unlisted inve5trnents unless fair value cannot be measured reliably in which case it Is measured at cost less impairment. stotks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net reèlisable value. Debtor5 Debtors lincluding tr4de debtors and loans receivoblel are rnea5ured on initial recognition ot 5ettlernent arnount ofter any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other CQn5iderotion experted to be received. 13 HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 2. ANALYSIS OF INCOME Unrestricted Designated Restricted Funds Funds Funds TOTAL 2022123 TOTAL 2021122 a) Donations and Legacies Donations.. Corporate Donotions.. Individuals Trusts and Foundations Grants Received.. Government Grants Received.. Other 6,175 6,175 4,642 85,000 11,408 13,500 35,000 120,000 11,408 45,250 68,500 13,970 11,400 2ali 31,750 ,75 b) Other Tradlng Actlvltles Fundraising Incorne.. Community 1,600 6,076 1,600 6,076 554 4,465 c) Investment Income Bank Interest 972 972 23 2a)i Analysis of reeeipt of government grants 2022123 2021/22 Chichester District Council Midhurst Town Council Tangmere Parish Council Northchapel Parish Council Plaistow and Ifold Parish Council Westbourne Parish Council Sidle5ham Porish Council North Mundham Parish Council West wittering Parish Councll 7,500 800 800 10,000 700 1,000 1,500 250 120 1,408 250 200 450 400 11.408 13.970 14 HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 3. EXPENDITURE Unrestricted Designated Restricted Funds Funds Funds TOTAL 2022123 TOTAL 2021122 NotÈ a) Ralslng Funds Advertising & Publicity Fundraising 872 17,952 872 17,952 504 15,485 b) Charitable Activities Direet charitable expenditure Family Group Insuran￿ Costs IT Consultancy Fees Printingr Postage & Stationery Provi510n5 Rent & Rates Repairs & Maintenance Salaries & Wages io Staff & Volunteers Training & Recruitment Costs Subscriptions Sundry Expen5e5 Telephone Costs Travel & Volunteers Expenses Governance and Support Bank Charges Bookkeeping & Accountancv Home Stort Annual Fee Independent Examiners Fees Legal & Professional Fees 2,107 874 1,313 370 1,387 3.903 213 203 2,320 1,077 1,313 1,246 1,625 8,244 95 84,108 3,501 1,375 176 1,979 2,090 1,867 1,243 1,087 1,203 1,320 7,512 4,525 81,856 3,695 2,198 49 1,695 2,311 876 238 4,341 95 42,320 41,788 3,501 439 176 1,125 2,066 936 854 24 146 12,759 146 12,997 1,864 840 4,694 192 9,901 3,036 810 6,458 238 1,864 840 4,558 136 3.b)i) Summary analysis of expenditure on charitable activities This table shows the cost of the maln charltable actlvities Includlng support costs and grant fundlng to thlrd pèrtles Activity or programme Direct charitoble cost Charitable Governance gifts C05t Support cost TOTAL Supporting famili 109,149 5,534 15,007 129,690 109,149 5,534 15.007 129.690 3.b)11) Detalls of certaln types of expendlture 2022123 2021122 Independent examiner's fees Assurante services other than audit or independent examination Tax advisory fee5 Other fÈÈs (for ÈxamplÈ'. financial advice, consultan¢y{ accountancy services) paid to the independent exarniner 840 810 840 810 15 HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 4. TANGIBLE FIXED ASSETS Unrestricted Restricted Equiprnent Equipment Totsl Cost Additions Cost at 01-Apr-22 2.251 2,251 31-Mar-23 2,251 2,251 Depretiation Charge Depreciation at 01-Apr-22 2,251 2,251 31-Mar-23 2,251 2,251 Net Book Value Net Book Value 31-Mar-23 31-Mar-22 The annual commitments under non-cancelling operating leases and capital commitments are as follows.. 31st March 2023 .. None 315t March 2022 .. None 5. DEBTORS AND PREPAYMENTS Unrestricted Designated Restricted Fund Fund Fund Total Total 31-Mar-23 31-Mar-22 Prepayrnents 210 210 210 210 6. CASH AT BANK AND IN HAND Unrestricted Designated Restricted Fund Fund Fund Total Tot31 31-Map23 31-Map22 Cash at Bank and in Hand 124,782 20,000 21,154 165,936 122,269 124,782 20,000 165 936 122 269 7. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR Unr*tricted Designated Restricted Fund Fund Fund Total Tot*1 31-Map23 31-Ma￿22 Creditors Independent Examiners Fees 2,162 840 213 2,375 840 1,525 780 213 16 HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 8. RESTRICTED FUNDS CURRENT YEAR Balanc& 01-Apr-22 Balance 31-Mar-23 Income Expenditure Transfers Sussex Community Foundation National Lottery Cornmunity Fund Donation for South Group Peors Foundation Recovery & Resilience Fund for Home-start UK People's Postcode Lottery Chichester District Council 2022 10,000 31,750 6,124 24,635 1,236 2,040 3,876 7,115 1,236 2,040 25,000 15,050 3,253 9,950 3,253 The Sussex Community Foundation fund is for Stsff costs and overheads. The National Lottery Community fund is for Scheme Nanager salaries. The Donation for South Group is a private donation received for South Group expenses The Pears Foundation Recovery & Re$iliente Fund for Home-start UK fund is to cover Staff Costs, delivery costs and overheads The People's Postcode Lottery fund is for Staff costs, Rent and overhead5 The Chichester Di$triet Courttil 2022 fund is to cover Staff Costs and overheads The restricted funds held at 31st march 2023 are represented by.. Cash at bank Creditors 21,154 213 20.941 PRIOR YEAR Balance 01-Apr-21 Balonce 31-Nar-22 Income Expenditure Transfers BBC Child￿n in Need Sussex Community Foundation Donation for South Group Pears Foundation Retovery & Resilienc& Fund for Home-start UK Chichester District Council Chichester District Council 2022 Comic Relief Cotnmunity Fund & Groundwork5 10,000 10,000 5,000 3,226 7,960 5,000 4,462 1,236 2,040 10,000 10,000 10,000 6,747 400 10,000 400 3,253 The BBC Chlldren In Need fund Is for Co-ordinator salaries The Sussex Community Foundation fund is for Co-ordinator salaries The Donatlon for South Group is è private donation recelved for South Group expenses The Pears Foundation Recovery & Resilience Fund for Home-start UK fund is to cover Staff Costs, delivery costs and overheads The Chlchester Dlstrlet Councll fund is for Co-ordinator salaries and volunteer training The Chichester District Council 2022 fund is to cover Stoff Costs and overheods The Comlc Rellet Communlty Fund and Groundworks fund is for Volunteer Training The restricted funds held at 315t March 2022 are represented by., Cash at bank 17 HOME START CHICHESTER & DISTRICT IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 9. DESIGNATED FUNDS CURRENT YEAR Balance 01-Apr-22 Balance 31-Mar-23 Incotne Expenditu Transfer5 Property Fund 20,000 20,000 PRIOR YEAR Balanc& 01-Apr-21 Balance 31-Mar-22 Income Expenditu Transfers Property Fund 20,000 20,000 20,000 20.000 The Trustees agreed at a Board Meetlng in 2020121 to set up a 'Deslgnated Fund. for future property costs as and when the charity is required to move from their current prernises. The designated funds held at 31st March 2022 and 31st March 2023 are represented by the Charity's cash reseNes (£20,0001 and are ringfenced to be expended as Specified above. 10. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL 2022123 2021122 Gross Wages and Salaries Employer's National Insurance c£￿tS Less HMRC Incentive Employer Pènsion Contributions statutory Naternity Pay Statutory Naternity Pay Recovered Statutory Maternity Pay Compensation 79,938 5,091 15,0001 4,251 5.771 15,7711 11731 78,868 4,121 14,0001 2,867 Number of ernployees who were engaged at the end of the year In each of the following activities.. 2022123 TOTAL 2021122 TOTAL Activities In furtherance of organisation's objects No employees received emoluments in excess of £60,00012021122.' None). Staff are paid through the PAYE system. The key management personnel of the charity comprise the Trustees and Senior Management Team. Neither are rÈmuner8ted. Therefore the tot81 employee benefits lintluding employÈr nètional insur8nte Ènd Èmployer pÈn£ion contributions) of the key management personnel of the charity were £0. 11. DEFINED CONTRIBUTION PENSION SCHEME ThÈ chèrity opÈratÈs a defined tontribution pÈnsion schÈme. ThÈ assets of stheme ÈrÈ hÈld sÈpÈratÈly from those of the Trust in an Independently administered fund. The pension cost In the SOFA represents the contributions payable by thÈ tharitable tompany to the fund and amounted to £4,251 12021122.. £2,867). ThÈre wÈre no commitments at the balan￿ sheet date in respect to future transactions. 18 HOME START CHICHESTER & DISTRICT (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2023 12. ANALYSIS OF ASs￿s BETWEEN FUNDS Unrestricted Designatèd RÈstricted Fund Fund Fund Total Total 31-Mar-23 31-Mar-22 Tongible Fixed A55et5 Net Current Assets Long temi Liobilities 121,990 20,000 20,941 162,931 119,964 TOTAL 121,990 20,000 20.941 162.931 119,964 13. GRANTMAKING The charity did not make any grants or donations which In aggregate form a material part of the charitable activities undert8kÈn. 14. EVENTS AFTER THE END OFTHE REPORTING PERIOD The Trustees are satisfied that there are no events between the end of the reporting period and the date the financial statements are authorised for issue, which require dlsclosure. IS. TRUSTEES AND OTHER RELATED PARTIES No payment5 were rnade to Trustees or any persons connected with thern during this finonciol period. No material transaction took place between the organisation and a Trustee or any person connected with them. There have been no donations from Trustees during this financial year12021122.' £Nill. 16. PUBLIC BENEFIT The charity acknowledges its requirement to demonstrate clearly that It must have charitable purposes or'aims, that are for the public bènefit. DÈtails of how thÈ charity has athieved this èrè provided in the Trustees rèport. The Trustèes confirm that they have paid due regard to the Charity Cornrnission guidance on public benefit before deciding what activities th& charity should undertake. 19 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS I report to the trustees tsn my examination of the accounts of Home Start Chichester & District for the year ended 31st March 2023. Responslbllltles and basls of report As the charity's trustees of the ch8ritablÈ company Iv4ho are also the directors of the company for the purposes of company lawl, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 I-the 2006 Act"). Having satisfled myself that the accounts of the charitable company are not requlred to be audlted for thls year under Part IS of the 2006 Act and are eligible for independent examination, I report in respect of my exarnination of your charity's accounts as carriÈd out under sectlon 145 of thÈ Charities Act 2011 I-the 2011 Act~l. In carrylng out my examination, I have followed the Directions given by the Charity Commission lunder section 1451Sllbl of the 2011 Act. Independent examiner's statement I have completed my examlnatlon. I confirm that no materlal matters have come to my attention which gives me cause to believe that.. ccounting record5 were not kept in accordonce with section 386 of the Companie5 Act 2006., or the accounts do not accord wlth such records,. or thÈ attounts do not tomply with rÈlÈvant attounting rÈquirÈmÈnts under sÈrtion 396 of the CompÈniÈs Att 2006 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an indÈpÈndent examination., or the accounts have not been prepared in accordance with the Charities SORP IFRS1021. I have no other concerns and have come acr055 no other rnatters in connection with the exarnination to which ttention should be drawn in this report in order to enèble a proper understanding of the accounts to be reachÈd. Signed., Date.. 3rd Otto￿r 2023 Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex P018 8NF 20