Registered number: 5618486 Charity number: 1128932
## **HOME-START RUNNYMEDE AND WOKING**
(a company limited by guarantee)
**Unaudited Report and Financial Statements for the year ended 31[st] March 2021**
**HOME-START RUNNYMEDE AND WOKING**
|**Contents**|**Page**|
|---|---|
|Reference and administrative information|1|
|Report of the trustees|2-4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes forming part of the financial statements|7-15|
|Independent examiner’s report|16|
## **HOME-START RUNNYMEDE AND WOKING**
**Reference and administrative information for the year ended 31 March 2021**
Home-Start Runnymede **Company Name** and Woking **Company Number** 5618486 **Charity Number** 1128932 **Registered Office** 1[st] Floor, Foxwell House Chobham Road Ottershaw Chertsey KT16 0NL
**Trustees** Janice Bibby Co-Chair Michael Griffiths Elizabeth Perkins Co-Chair David Pointet * Joanna McKenzie Trevor Pound Treasurer Jayne Skelton Michael Brown Helen Alexander David McKeown * resigned 18/8/20
Scheme Manager Sarah Beasley
**1**
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees for the year ended 31 March 2021**
The trustees, who are also the directors of the charity for the purpose of the Companies Act 2006, are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities, and Financial Reporting Standard 102.
## **Constitution**
Home-Start Runnymede and Woking is a company limited by guarantee and a registered charity governed by its memorandum and articles of association.
## **Directors and Trustees**
The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.
The trustees' liability is limited to £1, provided that they do not act negligently, or fraudulently, and do not allow the charity to continue when it is insolvent.
Trustees are recruited from the general public through the auspices of the Local Voluntary Service Bureau, from the bank of home visiting volunteers and from families who have received our service. A prospective trustee will receive an initial introduction to the work of the company, followed by an informal interview with two existing trustees. Following the receipt of two satisfactory references, the prospective trustee is proposed for election at a subsequent meeting of directors.
## **The Trustees serving during the year and since the year-end were as follows:-**
Janice Bibby Co-Chair Elizabeth Perkins Co-Chair Trevor Pound Treasurer Helen Alexander (appointed 24/4/20) Michael Brown Michael Griffiths David McKeown (appointed 15/1/21) Joanna McKenzie David Pointet (resigned 18/8/20) Jayne Skelton
The trustees meet monthly, and delegate day to day management of the charity to the employees.
**2**
## **HOME-START RUNNYMEDE AND WOKING**
## **Report of the trustees for the year ended 31 March 2021**
## **Objectives of the charity**
Home-Start Runnymede and Woking (Home-Start RAW) is a family support charity that provides a free service to families who live in the boroughs of Runnymede and Woking. Families who have at least one child under five, and who are experiencing difficult times in their lives and are seeking support to get through them, are referred to the charity. This can be through Health Visitors, Support Agencies, Statutory Services, Surrey’s Early Help Hub or via self-referral. Trained volunteers are carefully matched with the family and offer regular support, practical help, guidance and sign-posting to parents in their own homes and as they go about their activities. The support is tailored to the individual needs of the family in order to support and empower them in moving forwards towards agreed outcomes. Families may be struggling for a wide variety of reasons and Home-Start Runnymede and Woking aims to help, support and empower parents to tackle these challenges positively. Our aim is to ensure that every child has the best possible start in life that they can have.
The principal sources of funding are described in the Review of Financial Affairs. Expenditure is utilised to support the objectives of the charity.
The trustees have carefully considered the Charity Commission’s guidance on reporting public benefit in planning what activities the charity undertakes.
## **Developments, activities and achievements**
The staff team currently comprises a Scheme Manager, who over-sees the work of the staff, liaises with other organisations, represents the charity and carries a small family workload within 25 hours per week. There are two Family Support Co-ordinators who share the remaining family case load between them, a Family Support Worker, who can offer immediate and short-term support to families within 16 hours per week, and an administrator who works 25 hours per week.
The pandemic, and subsequent lock-downs, have had a major effect on the work undertaken by the charity over the year. Whilst there has been continuing and increasing need for 1:1 volunteer support, this has had to be accomplished through a variety of means including telephone calls and video calls. These have also been used to support groups, with face to face contact only being used where considered absolutely necessary by the staff. The changing emergency funding streams have enabled the charity to meet urgent, emerging family needs and we have worked with several other organisations to ensure that the families in our area have been supported in the ways that they needed during these unprecedented times - this has included food deliveries and use of food banks, toy and activity provision, and several other new activities.
During the year we have been able to support 93 families. 57 of these have been via a homevisiting volunteer (including telephone, video calls and outdoor meet ups where appropriate). 20 have been via Family Support Worker and the remainder have been via occasional support by a member of the staff team. We have worked with 208 children, 134 under the age of 5, 63 between the ages of 6 and 10, and 9 between the ages of 10 and 16.
We have completed a volunteer preparation course and followed it up with a further two courses during the year, adding 17 new home-visiting volunteers to our team of around 50.
**3**
## **Review of financial affairs**
The company opened the year with net assets of £109,769 (as restated – see Note 12 to the accounts). On a headline basis, 2020/21 turned out to be a positive year from a financial perspective despite our initial concerns that the Covid pandemic would have a severe financial impact. In practice the level of funding and, particularly emergency funding received during the year from various funders meant that income, which totalled £156,021, exceeded expenditure of £99.356. Principal sources of funding are outlined in note 2 of the accounts. Increasingly, funding is received in the form of grants that typically come with contractual obligations, which will involve greater costs for the charity going forward. In particular, there is a need to recruit more staff in order to develop our offering to meet differing needs locally and to fulfil our undertakings.
Acknowledging the ‘one off’ nature of some of the funds received, the trustees continue to review the level of financial commitments being taken on to ensure that outgoings remain aligned to projected income and that the charity remains financially stable.
## **Reserves Policy and the Trustees’ responsibilities**
There were eight members comprising the Board of Trustees for the period. The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise that are subject to regular review. They are also responsible for keeping proper accounting records which outline, with reasonable accuracy at any time, the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the detection and prevention of fraud and other irregularities.
Home-Start Runnymede and Woking’s Reserves Policy states that the scheme should ensure that at all times cash reserves are sufficient for the following purposes:
- To meet all outstanding liabilities at that time, and
- To cover a six month gap in funding, and
- To cover all necessary termination costs in the event of the closure of the scheme, including employment termination costs, lease termination costs etc.
Company and charity law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing the financial statements the trustees have made judgements and estimates that are reasonable and prudent and have prepared them on a going concern basis.
The financial statements presented here are in accordance with the special provisions of the Companies Act 2006 relating to small charitable companies. They comply with the charity’s governing document, the Charities Act 2011 and the applicable Charities (Accounts and Reporting) Regulations.
This report was approved by the trustees on ……………………. 2021 and signed on their behalf by:
**Janice Bibby Joint Chair**
**Liz Perkins Joint Chair**
**4**
## **HOME-START RUNNYMEDE AND WOKING**
## **Statement of Financial Activities For the year ended 31 March 2021**
||**Notes**|**Unrestricted**|**Restricted**|**Total 2021**|**Total 2020**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**||**(as restated)**|
|||£|£|£|£|
|**INCOMING RESOURCES**||||||
|**Incoming resources from**||||||
|**generated funds:**||||||
|Grants, donations and
fund-raising|**2**|77,564|74,478|152,042|90,290|
|Coronavirus Job
Retention Scheme||3,221|-|3,221|-|
|Investment Income||758|-|758|334|
|**Total Incoming**
**Resources**||81,543|74,478|156,021|**90,624**|
|**RESOURCES EXPENDED**||||||
|**Costs of generating**||||||
|**funds:**||||||
|Direct Charitable
expenditure||77,953|21,303|99,256|95,642|
|**Governance costs**||100|-|100|392|
|**Total Expenditure**|**3**|78,053|21,303|99,356|**96,034**|
|**Net income (deficit) for**
**the year**||3,490|53,175|56,665|**(5,410)**|
|**RECONCILIATION OF FUNDS**||||||
|Brought forward (as
previously stated)||66,575|48,194|114,769|120,179|
|Prior year adjustment|**12**|-|(5,000)|(5,000)|(5,000)|
|Balance brought forward
(as restated)||66,575|43,194|109,769|115,179|
|Net income (deficit) for
the year||3,490|53,175|56,665|(5,410)|
|**Total Funds at 31 March**
**2021**|**7**|**70,065**|**96,369**|**166,434**|**109,769**|
**5**
## **HOME-START RUNNYMEDE AND WOKING**
|**Balance Sheet**
**As at 31 March 2021**
**Notes**
**2021**
**Assets**
**£**
**£**
Cash at Bank and in Hand
Current Accounts
52,219
Savings Accounts
115,327
Cash in hand
8
167,554
Prepayments and grants receivable
**4 & 12**
4,573
**172,127**
**Amounts falling due within one year**
**5**
Accruals-Sundry Creditors
(1,357)
(1,357)
**Provisions**
**6**
(4,336)
**Net Current Assets**
**166,434**
**Represented by**
Unrestricted Funds
**7**
70,065
Restricted Funds
**7**
96,369
**166,434**|**2020**
**(as restated)**
**£**
**£**
12,256
94,570
8
106,834
9,358
**116,192**
(1,285)
(1,285)
(5,138)
**109,769**
66,575
43,194
**109,769**|**2020**
**(as restated)**
**£**
**£**
12,256
94,570
8
106,834
9,358
**116,192**
(1,285)
(1,285)
(5,138)
**109,769**
66,575
43,194
**109,769**|
|---|---|---|
|||**116,192**
(1,285)
(5,138)|
|||**109,769**|
|||66,575
43,194|
|||**109,769**|
The trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of Section 477 of the Companies Act 2006 and members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476 of the Act. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Financial Statements were approved by the trustees on …………………………… 2021 and signed on their behalf, by:
**Trevor Pound**
**Treasurer**
**6**
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2021**
## **1. Accounting Policies**
## **The following accounting policies were used consistently:**
## **Accounting Basis:**
The financial statements have been prepared under the historical cost basis. The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Fund Accounting:**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **Grants:**
Grants received are credited to the Financial Activities when they are receivable, split between restricted and unrestricted funds.
## **Resources expended:**
All expenditure is accounted for on an accruals basis, inclusive of VAT and has been classified under headings that aggregate all costs related to that category. The value of volunteers’ time has not been reflected in the accounts.
## **Fixed assets:**
Where fixed assets have been acquired by grants received, the cost is netted against the grant. Any surplus grants are treated as restricted funds. Fixed assets totalling £1,000 (2020:£700) were acquired during the year.
**7**
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2021**
## **2. Grants, Donations and fund-raising:**
|**nts, Donations and fund-raising:**|||
|---|---|---|
||**2021**
|**2020**|
||**£**
|**£**|
|**Unrestricted**|||
|Surrey County Council *|37,472|46,902|
|Woking Borough Council|10,000|7,500|
|Runnymede Borough Council (Covid-19|||
|Emergency Grant Fund)|10,000|-|
|West Hill Golf Club|11,215|-|
|Various private donations and Fund-|||
|raisingevents|8,877|3,480|
|**Total**|**77,564**|**57,882**|
|**Restricted**|||
|Community Foundation for Surrey|11,644|9,616|
|BBC Children in Need|14,361|22,792|
|NHS Surrey Heartlands|26,678|-|
|HSUK *|11,795|-|
|Runnymede Borough Council|10,000|-|
|**Total**|**74,478**|**32,408**|
||||
|**Total**|**152,042**|**90,290**|
* as per note 1, under current accounting practice, fixed assets acquired by grants received are netted against the relevant grant. Gross donations received from HSUK in the year totalled £12,795 (2020: Gross donations from Surrey County Council totalled - £47,605).
**8**
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2021**
## **3. Analysis of expenditure:**
|**Charitable activities:**
**Direct**:
Salaries, NI & Pensions (note 10)
Staff/Volunteer expenses
Recruitment expenses
Training
Christmas vouchers and gift bags
Covid-19 family activity packs
Pension deficit
Interest on pension deficit
Fund raising costs
Change in assumptions – pension
deficit
Trustee expenses
**Indirect**:
Office Rent
Telephone, IT, Office costs
Fee to Home-Start UK
Insurance
Stationery & postage
Advertising +PR
Other office costs
Bank charges
Payroll/Pension costs
Sub-total: charitable activities
**Governance:**
Independent examination
Annual report, AGM, etc.
Sub-total: governance
**Total Expenditure**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
60,499
16,040
76,539
71,616
2,006
-
2,006
3,971
39
-
39
1,494
685
-
685
1,419
1,821
-
1,821
-
786
-
786
-
-
115
115
79
-
-
-
215
-
148
148
(139) -
-
-
-
-
1,500
5,000
6,500
6,500
6,578
-
6,578
5,598
1,631
-
1,631
2,533
928
-
928
869
1,337
-
1,337
1,190
39
-
39
52
35
-
35
35
69
-
69
60
-
-
-
150
77,953
21,303
**99,256**
**95,642**
-
-
-
150
100
-
100
242
100
-
392
78,053
21,303
**99,356**
**96,034**|
|---|---|
**9**
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements For the year ended 31 March 2021**
|**4. Prepayments and grants receivable:**
Amounts due from Woking Borough Council
HSUK fee reimbursement
Amount due from BBC Children in Need
Prepayment for insurance
Rent
**Total**
**5. Liabilities-: amounts failing due within one year:**
Provision for office costs
Provision for Pension Fund contributions
Provision for staff expenses
Provision for independent examination
**Total**
**6. Provisions:**
Provision for pension deficit (note 8)
**Total**|**2021**
**2020**
**£**
**£**
2,500
1,875
268
-
-
5,698
180
160
1,625
1,625|
|---|---|
||**4,573**
**9,358**|
||**2021**
**2020**
**£**
**£**
377
374
630
561
-
-
350
350|
||**1,357**
**1,285**|
||**2021**
**2020**
**£**
**£**
4,336
5,138|
||**4,336**
**5,138**|
**10**
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2021**
## **7. Movement in funds:**
|**Unrestricted**
General fund
**Restricted –**
Provision for
debt on
withdrawal of
pension fund
Other
Provision for
pension deficit
**Total**|**At 1 April**
**2020**
**(as restated)**
**Incoming**
**resources**
**Outgoing**
**resources**
**Transfers**
**between**
**reserves**
**At 31 March**
**2021**
**£**
**£**
**£**
**£**
**£**
66,575
81,543
(78,053)
-
70,065|
|---|---|
||-
-
-
-
-
48,332
74,478
(22,105)
-
100,705
(5,138)
-
802
-
(4,336)|
||43,194
74,478
(21,303)
-
96,369|
|||
||109,769
156,021
(99,356)
-
166,434|
**11**
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2021**
## **8. Membership of Pension Fund:**
## (i) **Introduction**
The charity participates in a scheme, a multi-employer scheme which provides benefits to some 950 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the charity to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme.
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.
The scheme is classified as a 'last-man standing arrangement'. Therefore the charity is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2017. This valuation showed assets of £794.4m, liabilities of £926.4m and a deficit of £131.5m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows:
Deficit contributions: From 1 April 2019 to 31 January 2025 £11,243,000 per annum (payable monthly and increasing by 3% each on 1[st] April)
Unless a concession has been agreed with the Trustee the term to 2025 applies.
Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2014. This valuation showed assets of £793.4m, liabilities of £969.9m and a deficit of £176.5m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows:
Deficit contributions:
£12,945,440 per annum From 1 April 2016 to 30 September 2025: (payable monthly and increasing by 3% each on 1st April) £54,560 per annum From 1 April 2016 to 30 September 2028: (payable monthly and increasing by 3% each on 1st April)
**12**
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements For the year ended 31 March 2021**
The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities.
Where the scheme is in deficit and where the charity has agreed to a deficit funding arrangement the charity recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost .
## (ii) **Specific to the charity**
|**31**|**March 2021 31**|**March 2021 31**|**March**|**2020**|**2020**|
|---|---|---|---|---|---|
||**(£s)**||**(£s)**|||
|(a) Present value of provision|£4,336||£5,138|||
|(b) Reconciliation of the opening and closing provisions||||||
||**31 March**|**2021**|**31 March**||**2020**|
||**(£s)**|||**(£s)**||
|Provision at start of period||5,138|||6,232|
|Unwinding of the discount factor (interest expense)||115|||79|
|Deficit contribution paid|(1,065)|||(1,034)||
|Remeasurements - impact of any change in assumptions||148|||(139)|
|Remeasurements - amendments to the contribution||||||
|schedule||-|||-|
|Provision at end of period||4,336|||5,138|
|(c.) Income and expenditure impact||||||
||**31 March**|**2021**|**31 March**||**2020**|
||**(£s)**|||**(£s)**||
|Interest expense||115|||79|
|Remeasurements – impact of any change in assumptions||148|||(139)|
|Remeasurements – amendments to the contribution||||||
|schedule||-|||-|
**13**
## **HOME-START RUNNYMEDE AND WOKING**
**Notes to the Financial Statements For the year ended 31 March 2021**
## (d) Assumptions
Rate of discount
The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions.
## (e)Deficit contribution schedule
The following schedule details the deficit contributions agreed between the charity and the scheme at each year end period:
|**Year**|**ending**|**31**|**March**
**(£s)**|**2021**|**31**|**March**
**(£s)**|**2020**|**31**|**March**
**(£s)**|**2019**|
|---|---|---|---|---|---|---|---|---|---|---|
|Year|1|||1,097|||1,065|||1,034|
|Year|2|||1,130|||1,097|||1,065|
|Year|3|||1,164|||1,130|||1,097|
|Year|4|||999|||1,164|||1,130|
|Year|5|||-|||999|||1,164|
|Year|6|||-|||-|||999|
|Year|7|||-|||-|||-|
|Year|8|||-|||-|||-|
|Year|9|||-|||-|||-|
|Year|10|||-|||-|||-|
These contributions have been used to derive the charity’s balance sheet liability.
## (f) Contingent liability
The potential liability of the charity of the pension scheme deficit following withdrawal from the scheme is £14,571 (2020: £15,389).
**14**
## **HOME-START RUNNYMEDE AND WOKING**
## **Notes to the Financial Statements For the year ended 31 March 2021**
## **9. Trustees remuneration and related parties**
None of the trustees received any remuneration during the year
Expenses in the year were £nil (2019: £nil).
## **10. Staff costs and emoluments:**
|Gross salaries
Employer’s National Insurance
Employers’ pensions contributions
Employment allowance
Total|**2021**
**2020**
**£**
**£**
73,099
69,165
4,050
4,041
3,740
3,512
(4,350)
(5,102)|
|---|---|
||**76,539**
**71,616**|
The employment allowance, which the charity is entitled to claim to offset Employer’s National Insurance, represents the full claim for 2020/21 together with the balance of the claim for 2019/20 not previously utilised.
## **11. Employee numbers**
At 31 March 2021, there were 5 part time employees (2020:5).
## **12. Prior Year adjustment**
Adjustments have been made to prior year figures in relation to the accounting for restricted grant income receivable.
|Opening reserves at 1 April 2019 as previously stated
Prior year adjustment:
Correction of accounting entry in 2017/18 accounts re a restricted
grant income receivable included in error
Opening reserves at 1 April 2019 as restated|£
120,179
(5,000)|
|---|---|
||**115,179**|
**15**
## _**HOME-START RUNNYMEDE AND WOKING**_
## _**Independent examiner’s report to the trustees of Home-Start Runnymede and Woking for the year ended 31 March 2021**_
_I report on the accounts for the year ended 31 March 2021 set out on pages 5 to 15._
## _**Respective responsibilities of trustees as directors and the examiner** ._
_The trustees, who are also directors of the company for the purposes of the Companies Act, are responsible for the preparation of the accounts, and they consider that the company is exempt from an audit under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed. It is my responsibility to:_
- _examine the accounts under section 145 of the 2011 Act_
- _to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and_
- _to state whether particular matters have come to my attention_
## _**Basis of Independent Examiner’s Report**_
_My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below._
## _**Independent Examiner’s Statement**_
_In connection with my examination, no matter has come to my attention:_
_1. which gives me reasonable cause to believe that in any material respect the requirements:_
- _to keep accounting records in accordance with section 386 of the Companies Act 2006; and_
- _to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities_
_have not been met; or_
_2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached._
Savvy Accountancy Solutions Kenward House High Street Hartley Wintney Hampshire RG27 8NY
……………………………………...2021
**16**
Rev*w of financial affairs
The company opened the year with net assets of £109,769 (as restated - see Note 12 to the
accounts). On a headline basis, 2020121 turned out to be a posrtive year from a finanual
perspectp4e despite our initial concerns that the Covxl pandemic would have a Seve financial
impact. In practi the level of funding and. particularly emergency furKling receÈved during
the year from Wdrious funders meant that income. whith totalled £156,021, exceeded
expenditure of £99.356. Principal sources of funding are outlined in note 2 of the account&
Increasingty. funding is received in the form of grants that tyPK31ty come with contrdctual
obligations. which will involve greater costs for the charity going ft)rward. In particular, there is
a need to recruit more staff in order to develop our offering to meet differin8 needs localty and
to fulfil our undertakings.
Acknowledging the 'one off nature of some of the funds reived. the tntstees continue to
review the level of financial cornmitrnents being taken on to ensure that oirtgoirEs remain
aligned to projected income and that the charity remains finanaalty stable.
There We eight mernbe comprising the Board of Trustees for the period. The trustees
have overall responsibility for ensuring that the charity has an appropriate system of controls
financial and othenvise that are subiert to regular review. They are also resportsible for
keeping proper accounting records which outline, with reasonable accuracy at any time. the
financial position of the thartty- They are also reswnsible for safeguarding the assets of the
charity and for taking reasonable steps for the detection and preventton of frdud and other
irregularities.
Home-start Runnymede and Wokirfs Reserves PoliLV 5tstes that the scheme should ensure
that at all times cash reserves are sufficient forthe following purposes:
To meet all outstanding liabilities at that time, and
To cover a six month gap in knndin& and
To cover all necessary temiination costs in the event of the dosure of the scheme,
including emplOymentteination costs. lease tennination costs etc
Company and charity taw applicab to tharities in Englarrtl and Wales requires the Trustees to
prepare financial sratements for each financial year which gNe a tn and fairview of the stste
of atrairs of the tharity of the surp1$ or defictt of the charity forthat period. In preparing
the financial statements the trustees have made judgements and estimates that are
reasonable and prudent and have ppared them on a going concern basis.
The financial statements presented here are in accordance with the speaal provisions of the
Companies Art 2[ relating to small char¥table companies. They comply wrth the charitys
governing documenL the Charities Act 2011 and the applicable Charities (Accounts and
Reporting) Re8ulation&
This report vras approved by the tee5 on I",4&.-
. 2021 and signed on their behalf by:
Janice Bibby
Joint c1r
Johrt Chair
HOME-sfAKf RUNNYMEDE AND WOKING
As at 31 March 2021
2021
2020
(as restated)
Cash at Bank and in Hand
Current Accounts
Savings Accounts
Cash in hand
52.219
115.327
12.256
94,570
167,554
4,573
172.127
106.834
9,358
116,192
Prepawnents and grants receivable
4&12
Amounts falli due wtthin one year
Accnsals-sundry Creditors
11.3571
(1.285)
Provisions
(4,3361
{5.1381
Net Current Assets
166A34
109,769
Represented by
Unrestricted Funds
Restricted Funds
70.065
96.369
166,434
66,575
43,194
109,769
The trustees consider that the company is entitled to exemptton from the requirement to have an
audit under the provisions of Section 477 of the Companies Act 2C*)6 and members have not
required the company to obtain an audtt of Its accounts for the year in question in accordance wth
Settion 476 of the Act. The trustees acknowledge their responsibilities for complying with the
requirements of the Act wtth respect to accounting records and the prepardtion of accounts. These
accounts have been pPared in accordance with the provisions applicable to companies subject to
the small companieg regime.
The financial statemersts have been prepared in accordance wrth the second edition of the Charities
ststement of Recommended Practice issued in Ortober 2019, the Financial Reporting Stsndard
applicable in the Untted Kingdom and Republic of Ireland {FRS 102) and the Chartties Act 2011.
The Financial Statements were approved by the trustees on _
their behalf. ty.
2021 and signed on
Trevor Pound
Treasurer
HOME-START RUNNYMEDEAND WOKING
Independentexaminerfs rert to the trustee5 of Home-stort Runnymede ond Woking
fvr the year ended 31 March 2021
I report on the accountsfor the yeor ended 31 Morch 2021 set out on pages 5 to 15.
Res%*rtive re5pon5itslities of trustees as directors and the examiner.
The trustees who ore also directors of the c(wnpanyfvr the purpose5 of the Companies Act. ore
responsiblefvr the preporotion of the occounts, and they consider that the company is exempt
from an (Judit under sertion 144(2J of the Chorities Art 2011 (the 2011 Art). and thot on
independent examination is needed. It is my responsibilrty to..
exomine the accounts undersection 145 of the 2011 Art
to follow the procedures loid down in the general Direction5 given by the Chority
Commission undersertion 145(5)(b) of the 2011 Art,- and
to stote whetherporticu1¢7r motters hove come to my ottention
Basis oflndependent Exominerf5 Rew)rt
My examinotion wos carried out in occordance with the general Dirertions given by the Chority
Commission. An exuminotioll ifRcludes a review of the accounting records kept by the ch(Jrity
and o comparison of the occounts presented with those records. It olso includes consideration
of ony unusu(Jl items or disclosures in the t7ccounts. and seeking expl(Jnutions from you as
trustees concerning uny such fflatter5. The procedures undertoken do not provide all the
evidence that would be required in on audit and consequently no opinion is given os to whether
the accounts present a true andfair wew, ond the report is limited to those mt7tters set out in
the stutement below.
Independent Exominerf5 Stotement
In connertion with my exominotion. no mt7tterhos come to my attention."
which gives me reosonuble couse to believe thot in uny moteriol respect the
requirements.-
to keep accounting records in t7ccordonce with sertion 386 of the Companies Art
2006,. and
to prepore occounts which occord with the occounting records, comply with the
ccounting requirements of sertion 394 ond 395 0[ the Companies Att 2006 (Jnd
with the method5 ond principles of the Sttitement of Recommended Practice..
Accounting ond Reporting by Chorities
have not been met." or
To which. in my opinion, attention should be drawn in order to enable (J proper
understanding of the occounts to be reached.
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