HOME-START HOST LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
Registered Charity No. 1135838 Company Registration No. 07203889
HOME-START HOST LIMITED
INDEX
| PAGE NUMBER 1 - 5 6 - 9 10 11 12 13 - 22 |
CONTENTS TRUSTEES ANNUAL REPORT AUDITORS REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET STATEMENT OF CASH FLOWS NOTES TO THE ACCOUNTS |
|---|---|
HOME START Hosf LTD Report of the trustees for the year errfled 31" March 2022 The trustees present their annual direttors. report and financial statement5 of the charity for the year ended 31 March 2022 which are also prepared to meet the requirements for a directors, report and accounts for Companies Art purpose5. The financial statements comply with the Charities Art 2011, the Companies Act 2¢X16, the Memorandum and Article5 of Association. and the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I January 20191. Objertives and activitles The purpose of the charity is to support parents, primarily in Oldham. Stockport, Tameside and Bolton but also across the whole of Greater Manchester, to gNe their children the best possible start in life. The main activity is to recruit, train and support volunteers, who are all parents themselves, to visit families with at least one child under five in their own home for 2-3 hours per week to offer prattical help and much needed emotional support. The families supported by the charity have wide range of needs, including poor mental health. poverty. debt. domestic abuse. social isolation, illness, poor housing or they may be asylum seekers or have a disability of parent or child. Families can be referred by any professional with the consent of the frdmily, or they may self-refer. In addition to volunteer home visiting support. the charity provides a range of additional seNices, including.. Infant feeding / breastfeeding peer sUPPOrt in Tameside and Oldham. This includes providing breastfeeding support groups. home visits. phone and sotial media support and also providing support on the maternity ward at Tameside General Hospital. Parent Infant Mental Health {PIMHI support 15 provided in all areas. This support is delivered in partnership with Tame5ide & Glossop's Early Attachment Service, Stockporfs Infant Parent Servi, Bolton's Parent Infant Mental Health service. Oldham Parent Infant Mental Health Service and with Health Visiting teams. Home-start PIMH volunteers receNe additional training on the importance of the parent-infant relationship during the O-2 period. Dad Matters works acr055 Greater Manchester and delivers additional targeted work in Tameside and Bolton. It aims to ensure that dads in the perinatal period are included in services and that they have information and support to access specialist clinical services when needed. In Oldham support is provided to encourage parents of two-year old children who are eligible for free childcare to access this provision. Support in Oldham is also provided for families affected by recessive inheritance through the Community Genetics Service. The Play, Learn, Grow project aims to support the speech, language and communication development and to improve the home learning environment of children in the 2-5 age group. The Bumps to 2s groups aim to reduce loneliness and isolation in new parents in Tame5ide. Perinatal peer support groups operate in Bolton. The Trustees confirm that they have referred to the Charity Commission'5 guidance on public benefit when reviewing the ChariVs aims and objective5. in planning future attrvttie5, and setting the policies for the year.
HOME START HOST LTD A revlew of our achievements and perf0mnCe The charity supported a total of 4.477 families in the year. 138 family support volunteers were artive during the year and the family support team provided support to 319 families with a total of 669 children. 208 of these families were matched with a volunteer, student social worker or family support worker. The infant feeding team supported a total of 1570 mothers. 319 children in Oldham were signed up for free education placements. 55 families were supported through the Play, Learn. Grow school readiness project. 52 families were supported by the Community Genetics Service in Oldham. Dad Matters supported 2150 dads across Greater Manchester. 25 families have been supported through our Bumps-2s group 8 families were supported in Bolton perinatal groups. 124 families1148 parents & 217 children) attended our events programme. Flnanclal revlew The charity maintained a steady income compared to 202012021, reflecting its ability to attract funding in difficult financial circumstances. Overall the Charity made a surplus of £423,318. As noted below, Trustee5 are currently content with the level of reserves held by the Charity. In¥e5tment powers and pollcy The trustees, having regard to the liquidtty requirements of operating the charity, have kept available fund5 in an interest bearing deposit account. Reserves pollcy and going Conrn The balance held in unrestflcted reserves at 31 March 2022 was £960,535 of which £945,079 are free reserves, after allowing for funds tied up in tangible fixed assets. The trustees aim to maintain free reserves in unrestricted funds at a level which equate5 to approximately three months of unrestricted charwtable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that support and governance costs are coVed. The Charity's main source of income is grants and fees. The Trustees tonsider that it is appropriate to prepare the accounts on a going concern basis and. consequently. the accounts do not include any adjustments that would be neSSary if these sources of income should cease. Rlsk management The trustees have conducted a review of the major risks to which the charity is exposed and system5 have been established to mitigate those risks.
HOME sfART HOST LTD The Impact of Covld 19 The charity has responded well to the impart of Covid 19 by enablin8 stsff to work from home and transforming services so they can operate remotely. The charity has also been successful in securing several crisis fund grants. some of which are to deliver services and some of which are to provide essentials to families. The chartty anticipates a rise in demand due to the pandemic and the impact it is having on families. The charity 15 in a strong position to navigate a more uncertain future funding environment. Plans for Future Periods The charity strives to secure funding to continue delivering its core work of volunteer home visiting SLSPPOrt to families in each of the four boroughs. It will also continue to develop new areas of work that fit with the aim of supporting parents to give their children the best P055ible start in life. Structure, govemance and management Home-start HOST Ltd is a private company limited by guorantee govemed by its Memordndum and Articles of Association dated l June 2010 and registered in England and Wales. It is registered as a charity with the Charity Commission and is constituted under a trust deed dated 6 May 2010. The trustees, arrangements for setting pay and remuneration for key management personnel are in accordance with NJC pay scales. The trustees have a remuneration committee. Appolntment of trnstees As set out in the Articles of Association trustees are eletted annually by the members of the haritable company attending the Annual General meeting and seThe for a period of three years. Trustee Inductlon and training All new Trustees go through an induction process led by the Chair or WI Chair,. this includes one-to- one meetings and obseNin8 a Board meeting before being accepted as a Trustee. Trustees are able to acce55 training through Home-start UK and can access a range of information via the Home-5tart intranet. The charity is also a member of NCVO. which provides advice, guidance and acce5S to training. Organlsatlon The board of trustees administers the charity and makes all decisions. The board normally meets every six weeks. A Chief ExecutNe is appointed by the trustees to manage the day-to-day operations of the charity and 15 SUPPOrted by a senior management team. Related partles and co-oper*ion with other organisation5 None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transattions were reported. All other related party transattions are disclosed in note 2 of the financial statement5.
HOME sfART HOST LTD Reference and admlnirtrdtive inforniation Charity Name: Home-start HOST Ltd, formerly Homtrstart Oldham. Stockport & Tameside Ltd. Charity Number.. 1135838 Company Registration Number: 07203889 Dirertors and trustees The dirertor5 of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: Key management personnel.. Trustees arml Dirertors Geoffrey Thomas Chair of Tnjstees {resigned September 20211 Tafheen Sharif Irice Chair of Trustees Pauline Williams Carolyn Roberts Richard Barrett Isabel Farnell shirley Hoyland James Kane Shaid Mushtaq Tracey Coatman (resigned September 20211 {resigned June 20221 Iresigned August 20211 Ire5igned June 20221 (appointed April 20211 {appointed July 2021, resigned November 20211 Sarah Cook Secretary Advisor to the Board Rosemary Seeley Chief Executive Sarah Cook Reglstered Office Ryecroft Hall Manchester Road Audenshaw M34 5ZJ Auditors McKellens Limited The Embankment Business Park 11 Vale Road Heaton Mersey Stockport SK4 3GN
HOME START Hosf LTD Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME194JQ Trustees responslbllltles In relation to the finanaal ststements The charity trustees {who are also the directors of Home-start HOST Ltd for the purposes of company lawl are responsible for preparing a trusteeg annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Actounting Prarticel. Company law requires the charwty trustee5 to prepare financial statements for eath year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting principles and then apply them consistentty: ObseNe the methods and prrnciples in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent- State whether applicable accounting standards have been followed. subject to any material departu$ that must be disclosed and explained in the financial 5tatements- Prepare the financial statements on a going concern basis unle55 it 15 appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity ond to enable them to ensure that the flnancial statements comply with the Companies Act 2006. They are also re5pon5ible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularwties. By order of the board of trustees James Kane Trustee Date.. 25 July 2022
HOME ART HOST LTD Independent Auditorfs Report to the Members of Home-start Host Ltd Limited Opinlon We have audited the financial statements of Home-start Host Ltd Limited Ithe 'company'l for the vear ended 31 March 2022, which comprise the Statement of Financial Activity, Balance Sheet. Statement of Cash Flows and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards comprising Charities SORP- FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, Iunited Kingdom Generally Accepted Accounting Practice). In our opinion the financial 5taternentS: give a tnje and fair view of the state of the company's affrdirs as at 31 March 2022 and of its income and expenditure for the year then ended; have been properw prepared in accordance wtth United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 26. Basis for opinion We conducted our audrt in accordance with Intemational Standards on Auditing IUKI11SAs IUKII and applicable law. Our responsibilities under those Standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are levant to our audit of the financial statements in the UK, including the FRCS Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance wtth these requirements. We believe that the audit eviden we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatin8 to going concern In auditing the financial statements. we have concluded that the directors, use of the going con¢em basis of accounting in the preparation of the financial statements 15 appropriate. Based on the work we have performed. we have not identified any material uncertainties relating to events or conditions that. individually or collertively. may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the reswnsibilities of the directors with respect to going concern are described in the relevant sections of this report.
HOME START Hosf LTD Other information The other information comprises the information included in the Trustees. Report, other than the financial Statements and our auditorfs report thereon. Our opinion on the financial Statements does not cover the other information and. except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other Information and. in doing so, consider whether the other infomiation is materially inconsistent with the financial ststements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material incon5iStencies or apparent material misstatements, we are required to detemiine whether there is a material misstatement in the financial statements or a material misstatement of the other infomiation. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matter prescribed by the Companies Act 21J)6 In our opinion. based on the work undertaken in the course of the audit". the information given in the Trustees. Report for the financial year for whith the financial statements are prepared is con51Stent with the financial statements; and the Trustees. Report has been prepared in accordan with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the company and its environment obtained in the tourse of the audit, we have not identified material mi55tatements in the Trustees, Report. We have nothing to report In respect of the following matters where the Companies Act 2006 require5 US to report to you if. in our opinion: adequate accounting record5 have not been kept, or retums adequate for our audit have not been received from branches not visited by us: or the financial statement5 are not in agreement with the accounting records and returns- or certain disclosures of Trustees. Remuneration specified by law are not made- or we have not received all the infomiation and explanations we require for our audit,- or the directors were not entitled to prepare the financial statement5 in accordance with the small companies regime and take advantage of the small companies. exemptions in preparing the Trusteeg Report and from the requirement to prepare a Strategic Report. Responsibilitie5 of dirertors As explained more fulty in the Statement of Trustees, ResFX)nsibilities (set out on page 81, the director5 are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the dirertors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements. the directors are responsible for assessing the company's ability to continue as a going concern, disclosin& as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations. or have no realistic alternatwe but to do so.
HOME START HOST LTD Independent Auditor'5 Report to the Members of Home-start Host Ltd Umlted Auditorfs responslbilities for the audlt of the financlal statements Our objertives are to obtsin reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a 8uarantee that an audit conducted in accordance with ISAS IUKI will always detett a material mi55tatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collertrvety had the appropriate competence, capabilities and skills to identify or recognise non-compliance wtth applicable laws and regulations; we identified the laws and regulations applitable to the company through discussions with directors and other management. and from our knowledge and experience of the charity sertor. • we focused on specific laws and regulations which we considered may have è dirert material effert on the financial statements or the operations of the company. including the Companies Act 2006, the Charities Act 2011, taxation legislation and data protection. anti-bribery, employment. environmental and health and safety legi51ation- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence: and that identified law5 and regulations were communicated within the audit team regularly and the team remained alert to InStanS of non-compliance throughout the audit. We assessed the susceptibility of the compan5 financial statement5 to material misstatement, including obtaining an understsnding of how fraud might occur. by: making enquiries of management as to where they considered there wa5 susceptibility to fraud. their knowledge of actual, susperted and alleged fraud: considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations; and • understanding the design of the compan5 remuneration tKJlicies. To address the fisk of fraud through management bias and override of controls. we: performed analytical procedures to identify and unusual or unexpected relationships- tested journal entries to identify unusual transactions- assessed whetherjudgements and assumptions made in deterniining accounting estimates set were indicative of potential bia5,' and investigated the rationale behind significant or unusual transactions.
HOME START HOST LTD Independent Auditor's Report to the Members of Homtrstart Host Ltd Limited In response to the risk of irregularities and non-compliance with law5 and regulations. we designed procedures which included. but not limited to: • agreeing financial statement disclosures to underlying supporting documentation: reading the minutes of meetings of those charged with governance; • enquiring of management a5 to actual and potential litigation and claims,. and • reviewing correspondence with HMRC, relevant regulators and the compan5 legal advisors. A further description of our responsibilities is available on the Financial Reporting Council's website at.. www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditorfs report. Use of our report Thi5 report is made solely to the compans members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2CM)6. Our audit work has been undertaken so that we might state to the compans members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the company and the compan5 members as a body. for our audit work, for this report. or for the opinions we have fomied. Paul Roper Isenior Statutory Auditor) McKellens Ltd 11 Riverview The Embankment Business Park Vale Road Heaton Mersey Stockport SK4 3GN
HOME-START HOST LIMITED
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED
31 MARCH 2022
(incorporating Income and Expenditure Account)
| Further Details Income from: Donations and legacies (3) Charitable Activities (4) Other Trading Activities (5) Investment Income Total Expenditure on: Raising Funds (6) Charitable Activities (6) Other (6) Total Net income/(expenditure) Transfers between funds (16) Net movement in funds Reconciliation of funds Prior year adjustment Total funds brought forward (16) Total funds carried forward (16) |
Total Funds Total Funds Unrestricted Funds Restricted Funds Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ £ £ 110,938 - 110,938 18,219 1,170,729 249,156 1,419,885 1,204,171 18,453 - 18,453 7,692 40 - 40 101 |
|---|---|
| 1,300,160 249,156 1,549,316 1,230,183 |
|
| 5,531 - 5,531 4,588 890,266 229,964 1,120,230 1,015,681 237 - 237 355 |
|
| 896,034 229,964 1,125,998 1,020,624 |
|
| . 404,126 19,192 423,318 209,559 (12,494) 12,494 - - |
|
| 391,632 31,686 423,318 209,559 - 98,367 718,903 28,648 747,551 439,625 |
|
| 1,110,535 60,334 1,170,869 747,551 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 13 to 22 form part of these accounts.
HOME-START HOST LIMITED
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BALANCE SHEET AS AT 31 MARCH 2022
Company registration number: 07203889
| Notes Fixed assets: Tangible assets (12) Total fixed assets Current assets: Debtors (13) Cash at Bank & in Hand Total current assets Liabilities: Creditors: Amounts falling due within one year (14) Net current assets or liabilities Total assets less current liabilities Total net assets or liabilities The funds of the charity: Restricted income funds (16) Unrestricted income funds (16) Total charity funds |
2022 2021 £ £ 24,826 18,850 |
|---|---|
| 24,826 18,850 |
|
| 372,575 270,884 1,132,206 690,751 |
|
| 1,504,781 961,635 |
|
| 358,738 232,934 |
|
| 1,146,043 728,701 |
|
| 1,170,869 747,551 |
|
| 1,170,869 747,551 |
|
| 60,334 28,648 1,110,535 718,903 |
|
| 1,170,869 747,551 |
For the period in question the company was entitled to the exemption conferred by section 477 of the Companies Act 2006. The directors acknowledge their responsibilites for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies, and the Financial Reporting Standard 102.
Approved by the trustees on 25th July 2022
| J Kane | Trustee |
|---|---|
| T Sharif | Trustee |
The notes on pages 13 to 22 form part of these accounts.
HOME-START HOST LIMITED
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Company registration number: 07203889
Statement of Cash Flows for the year ending 31 March 2022
| Reconciliation of net movement in funds to net cash flow from operating activities Net movement in funds Add back depreciation Deduct investment income Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash used in operating activities Cash flows from investment activities: Interest Purchase of fixed assets Net cash provided by investing activities Increase/(decrease) in cash and cash equivalents during the year Cash and cash equivalents brought forward Cash and cash equivalents carried forward |
Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ 423,318 209,559 8,514 5,618 (40) (101) (101,691) (138,637) 125,804 157,560 |
|---|---|
| 455,905 233,999 |
|
| 40 101 (14,490) (15,618) |
|
| (14,450) (15,517) |
|
| 441,455 218,482 690,751 472,269 |
|
| 1,132,206 690,751 |
HOME-START HOST LIMITED
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Notes to the accounts
1. Accounting policies
(a) Basis of preparation and assessment of going concern
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
(b) Funds structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 17 restricted funds.
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.
Further details of each fund are disclosed in note 16.
(c) Income recognition
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
During the year, the charity received gifts in kind for families. Where these are quantifiable they have been included as donations.
(d) Expenditure Recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (f) below.
(e) Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
(f) Allocation of support and governance costs
Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination ad legal fees together with an apportionment of overhead and support costs.
Governance costs and support costs relating to charitable activities have been apportioned based on type of expense. The allocation of support and governance costs is analysed in note 8.
(g) Costs of raising funds
The costs of raising funds consists of fundraising and marketing and publicity costs.
(h) Charitable Activities
Costs of charitable activities include governance costs and an apportionment of support costs as shown in note 7.
HOME-START HOST LIMITED
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(i) Tangible fixed assets and depreciation
All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis:
Office Equipment
20% on cost
(j) Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
(k) Pensions
The charity currently administers contributions to two pension schemes on behalf of individuals.
For one scheme the charity has no liability beyond making its contributions and paying across the deductions for the employee's contributions. For the GMPF fund, if an employee over 57 was to be made redundant, the charity would have to pay the shortfall of the employee's pension up to retirement age. As the charity does not intend making any employees redundant in the foreseeable future, no provision is included in these accounts for this shortfall.
During the year the charity made total pension contributions of £72,997 (2021: £73,780) on behalf of employees. Two schemes were contributed to, payments of £30,990 (2021: £29,416) to a defined contribution scheme for some employees, and £42,008 (2021: £44,364) to a defined benefit scheme for other employees. Because the latter is part of a multi-employer scheme and the information specific to the charity is not available, the payments have also been accounted for as a defined contribution scheme in accordance with the Charities SORP.
The overall defined benefit fund is in surplus and, therefore, it is not anticipated that the charity will have to increase contributions in the future.
(l) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
(m) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
2. Related party transactions and trustees' expenses and remuneration
The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2021: £nil). Expenses paid to the trustees in the year totalled £nil (2021: £nil).
3. Donations and Legacies
| Donations Gifts in Kind Previous reporting period Donations Gifts in Kind |
Unrestricted Restricted Total Funds Total Funds Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ £ £ 102,654 - 102,654 6,019 8,284 - 8,284 12,200 |
|---|---|
| 110,938 - 110,938 18,219 |
|
| Unrestricted Restricted Total Funds Year Ended 31 March 2021 Year Ended 31 March 2021 Year Ended 31 March 2021 £ £ £ 6,019 - 6,019 12,200 - 12,200 18,219 - 18,219 |
HOME-START HOST LIMITED
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4. Income from charitable activities
| 4. Income from charitable activities | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Year Ended | ||||||
| Year Ended 31 | Year Ended 31 | Year Ended 31 | 31 March | |||
| March 2022 | March | 2022 | March | 2022 | 2021 | |
| £ | £ | £ | £ | |||
| Restricted grants: | ||||||
| The National Lottery Community Fund | - | - | - | 80,000 | ||
| Action Together CIO | - | 45,376 | 45,376 | 6,204 | ||
| Brook Trust | - | 2,000 | 2,000 | - | ||
| Bolton CVS | - | - | - | 600 | ||
| Children in Need | - | 37,913 | 37,913 | 33,095 | ||
| Children in Need FSW | - | 10,000 | 10,000 | - | ||
| Action Together CIO - Community Wellbeing Programme | - | - | - | 12,070 | ||
| Henry Smith | - | - | - | 40,000 | ||
| HMRC CVJRS | - | 3,403 | 3,403 | - | ||
| Oldham Community Recovery Fund | - | - | - | 1,000 | ||
| Home-Start UK | - | - | - | 62,500 | ||
| Home-Start UK Caring for Families | - | - | - | 3,996 | ||
| Home-Start UK Loneliness Project Covid 19 | - | - | - | 20,000 | ||
| Home-Start UK Supercharged JLP | - | 1,025 | 1,025 | - | ||
| Home-Start UK TLNCF | - | 60,000 | 60,000 | - | ||
| Home-Start UK Volant Grant | - | 31,111 | 31,111 | - | ||
| Comic Relief | - | 58,328 | 58,328 | 65,561 | ||
| Unrestricted grants/contracts: | ||||||
| Barnsley CCG | 50 | - | 50 | - | ||
| Blackpool Dad Matters | 3,900 | - | 3,900 | - | ||
| Bolton Dad Matters | 15,000 | - | 15,000 | 15,000 | ||
| Bolton Together | 53,744 | - | 53,744 | 5,610 | ||
| Cardiff Council | 600 | - | 600 | 800 | ||
| CYP GM Funds | 5,932 | - | 5,932 | - | ||
| EPEC | 9,000 | - | 9,000 | 9,000 | ||
| Eric Wright Charitable Trust | 10,000 | - | 10,000 | - | ||
| Health Education England Early Years Neurodiversity | 111,520 | - | 111,520 | - | ||
| Henry Smith | 60,000 | - | 60,000 | - | ||
| Home-Start Cymru | 3,900 | - | 3,900 | - | ||
| Home-Start Leeds | 650 | - | 650 | - | ||
| Home-Start Suffolk | 650 | - | 650 | - | ||
| Home-Start South Warwickshire | 3,900 | - | 3,900 | - | ||
| GM Dad Matters | 42,450 | - | 42,450 | 41,150 | ||
| Runnymede Dad Matters | 3,900 | - | 3,900 | - | ||
| GM MMHS | 12,727 | - | 12,727 | - | ||
| GM VCS Lead | - | - | - | 9,000 | ||
| GMCVO | 77,020 | - | 77,020 | 1,500 | ||
| NHS Bolton CCG | 40,000 | - | 40,000 | 40,000 | ||
| NHS Oldham CCG PIMH | 40,000 | - | 40,000 | 20,000 | ||
| Oldham MBC | 55,000 | - | 55,000 | 25,000 | ||
| Oldham MBC Covid Fund | - | - | - | 27,876 | ||
| Oldham MBC Genetics | 10,000 | - | 10,000 | - | ||
| Oldham MBC PLG | 14,600 | - | 14,600 | - | ||
| Oldham 2 Year Project | 25,000 | - | 25,000 | - | ||
| Home-Start Manchester | - | - | - | 1,395 | ||
| Home-Start Rochdale | - | - | - | 29,433 | ||
| Home-Start Trafford, Salford & Wigan | - | - | - | 9,020 | ||
| Families Health & Wellbeing Consortium | - | - | - | 22,400 | ||
| MMU | 3,360 | - | 3,360 | 2,571 | ||
| NHS Stockport CCG | 32,948 | - | 32,948 | 32,883 | ||
| NHS Stockport CCG PIMH | 41,757 | - | 41,757 | 41,674 | ||
| NHS Tameside & Glossop CCG | - | - | - | 5,000 | ||
| NHS Tameside & Glossop CCG Perinatal | 23,542 | - | 23,542 | 15,169 | ||
| NHS Tameside & Glossop CCG PIMH | 79,269 | - | 79,269 | 74,141 | ||
| Tameside MBC Breastfeeding | 203,390 | - | 203,390 | 203,390 | ||
| Tameside MBC Community Families | - | - | - | 83,333 | ||
| Tameside MBC Home Visiting | 125,000 | - | 125,000 | 125,000 | ||
| NHS Trafford CCG | 61,000 | - | 61,000 | 31,000 | ||
| Stroud Dad Matters | 400 | - | 400 | 3,900 | ||
| Warrington Dad Matters | 520 | - | 520 | 3,900 | ||
| 1,170,729 | 249,156 | 1,419,885 | 1,204,171 |
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4. Income from charitable activities (continued) Previous reporting period
| 4. Income from charitable activities (continued) Previous reporting period |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Year Ended 31 | Year Ended 31 | Year Ended 31 | |||
| March 2021 | March | 2021 | March | 2021 | |
| £ | £ | £ | |||
| Restricted grants: | |||||
| The National Lottery Community Fund | - | 80,000 | 80,000 | ||
| Action Together CIO | - | 6,204 | 6,204 | ||
| Bolton CVS | - | 600 | 600 | ||
| Children in Need | - | 33,095 | 33,095 | ||
| Action Together CIO - Community Wellbeing Programme | - | 12,070 | 12,070 | ||
| Henry Smith | - | 40,000 | 40,000 | ||
| Oldham Community Recovery Fund | - | 1,000 | 1,000 | ||
| Home-Start UK | 2,500 | 60,000 | 62,500 | ||
| Home-Start UK Caring for Families | - | 3,996 | 3,996 | ||
| Home-Start UK Loneliness Project Covid 19 | - | 20,000 | 20,000 | ||
| Comic Relief | - | 65,561 | 65,561 | ||
| Unrestricted grants: | |||||
| Bolton Dad Matters | 15,000 | - | 15,000 | ||
| Bolton Together | 5,610 | - | 5,610 | ||
| Cardiff Council | 800 | - | 800 | ||
| EPEC | 9,000 | - | 9,000 | ||
| GM Dad Matters | 41,150 | - | 41,150 | ||
| GM VCS Lead | 9,000 | - | 9,000 | ||
| GMCVO | 1,500 | - | 1,500 | ||
| NHS Bolton CCG | 40,000 | - | 40,000 | ||
| NHS Oldham CCG PIMH | 20,000 | - | 20,000 | ||
| Oldham MBC | 25,000 | - | 25,000 | ||
| Oldham MBC Covid Fund | 27,876 | - | 27,876 | ||
| Home-Start Manchester | 1,395 | - | 1,395 | ||
| Home-Start Rochdale | 29,433 | - | 29,433 | ||
| Home-Start Trafford, Salford & Wigan | 9,020 | - | 9,020 | ||
| Families Health & Wellbeing Consortium | 22,400 | - | 22,400 | ||
| MMU | 2,571 | - | 2,571 | ||
| NHS Stockport CCG | 32,883 | - | 32,883 | ||
| NHS Stockport CCG PIMH | 41,674 | - | 41,674 | ||
| NHS Tameside & Glossop CCG | 5,000 | - | 5,000 | ||
| NHS Tameside & Glossop CCG Perinatal | 15,169 | - | 15,169 | ||
| NHS Tameside & Glossop CCG PIMH | 74,141 | - | 74,141 | ||
| Tameside MBC Breastfeeding | 203,390 | - | 203,390 | ||
| Tameside MBC Community Families | 83,333 | - | 83,333 | ||
| Tameside MBC Home Visiting | 125,000 | - | 125,000 | ||
| NHS Trafford CCG | 31,000 | - | 31,000 | ||
| Stroud Dad Matters | 3,900 | - | 3,900 | ||
| Warrington Dad Matters | 3,900 | - | 3,900 | ||
| 881,645 | 322,526 | 1,204,171 |
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5. Income from other trading activities
| Fee Income Student Placement Fees Fundraising events Previous reporting period Fundraising events |
Unrestricted Restricted Total Funds Total Funds Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ £ £ 9,967 - 9,967 - 630 - 630 - 7,856 - 7,856 7,692 |
|---|---|
| 18,453 - 18,453 7,692 |
|
| Unrestricted Restricted Total Funds Year Ended 31 March 2021 Year Ended 31 March 2021 Year Ended 31 March 2021 £ £ £ 7,692 - 7,692 7,692 - 7,692 |
6. Expenditure
| Expenditure on raising funds: Fundraising activities Advertising and marketing Expenditure on charitable activities: Employment Costs Bike to Work Scheme Neurodiversity Staffing Training Recruitment Home-Start Fees Volunteer Events Volunteer Expenses DBS Costs Family Events Computer Equipment for Families Christmas Toys & Food for Families Breastfeeding Costs IT and Software Publications and Subscriptions Staff Travel Staff Refreshments Bank Charges Equipment Leasing Telephone & Postage Rent Insurance Governance Costs Printing & Stationery Depreciation Other expenditure: General Expenses Unrestricted funds Restricted funds |
Home-Visiting Support to Families Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ £ - - 24 5,531 5,531 4,564 |
Home-Visiting Support to Families Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ £ - - 24 5,531 5,531 4,564 |
|---|---|---|
| 5,531 | 5,531 4,588 |
|
| 941,793 2,145 - 24,239 5,556 10,215 - 3,558 1,626 11,044 4,000 4,284 4,101 10,805 1,747 8,237 55 96 934 20,595 12,850 1,239 41,428 1,169 8,514 |
941,793 883,134 2,145 - - 11,380 24,239 1,465 5,556 760 10,215 10,000 - 73 3,558 2,421 1,626 1,670 11,044 11,664 4,000 11,200 4,284 1,000 4,101 4,047 10,805 9,268 1,747 770 8,237 8,300 55 - 96 97 934 934 20,595 20,913 12,850 10,000 1,239 1,292 41,428 18,504 1,169 1,171 8,514 5,618 |
|
| 1,120,230 | 1,120,230 1,015,681 |
|
| 237 | 237 355 |
|
| 237 | 237 355 |
|
| 1,125,998 | 1,125,998 1,020,624 |
|
| 896,034 654,043 229,964 366,581 |
||
| 1,125,998 1,020,624 |
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7. Analysis of expenditure on charitable activities
As per the description in note 6.
8. Allocation of governance and support costs
The breakdown of support costs and how these were allocated between governance and other support costs is shown below:
| Accountancy Fees Audit Fees Legal & Professional Fees Consultancy Fees Trustee Expenses Payroll Bureau Fees Previous reporting period Accountancy Fees Audit Fees Legal & Professional Fees Consultancy Fees Trustee Expenses Payroll Bureau Fees |
General Support Governance Total 2022 - 1,200 1,200 type of expense - 4,040 4,040 type of expense 48 - 48 type of expense 31,553 - 31,553 type of expense - 166 166 type of expense 4,421 - 4,421 type of expense 36,022 5,406 41,428 General Support Governance Total 2021 - 1,200 1,200 type of expense - 7,780 7,780 type of expense 43 - 43 type of expense 5,200 - 5,200 type of expense - 81 81 type of expense 4,200 - 4,200 type of expense 9,443 9,061 18,504 Basis of apportionment Basis of apportionment |
|---|---|
9. Analysis of staff costs
| Wages and Salaries Social Security Costs Pension Costs Support costs Charitable activities |
Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ 811,210 756,145 57,586 53,209 72,997 73,780 |
|---|---|
| 941,793 883,134 |
|
| - - 941,793 883,134 |
|
| 941,793 883,134 |
The average number of employees during the year was 42, FTE 34 (previous year: 42, FTE 31).
The charity considers its key management personnel comprises the trustees and Chief Executive Officer. The total employment benefits, including employer pension contributions of the key management personnel were £66,101 (previous year: £66,058), 1 employee has benefits in excess of £60,000 (previous year: 1).
10. Prior period adjustment
During the previous year it came to light that, due to the complex nature of the arrangment, the charity had, in error, been overcharged by its payroll provider for both pension contributions and for Statutory Maternity Pay recovered. As this error related to a number of past years the comparative amounts have been restated and the funds brought forward on 1st April 2019 were increased by £98,367.
11. Auditor Fees
| 11. Auditor Fees | |
|---|---|
| Auditors Fee | Year Ended 31 March 2022 Year Ended 31 March 2021 £ £ 4,040 7,780 |
| 4,040 7,780 |
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12. Tangible Fixed Assets
| 12. Tangible Fixed Assets | |
|---|---|
| Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for Year At 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 13. Analysis of debtors Debtors Prepayments |
Furniture & Office Equipment Total £ £ 40,456 40,456 14,490 14,490 |
| 54,946 54,946 |
|
| 21,606 21,606 8,514 8,514 |
|
| 30,120 30,120 |
|
| 24,826 24,826 |
|
| 18,850 18,850 |
|
| 2022 2021 £ 359,933 268,872 12,642 2,012 |
|
| 372,575 270,884 |
Debtors and prepayments related to restricted funds £399 and unrestricted funds £372,176 (2021: £4,145/£266,739).
14. Creditors: amounts falling due within one year
| Creditors Short-term compensated absences (holiday pay) Other creditors and accruals Deferred income |
2022 2021 £ £ 16,831 4,657 12,397 9,991 21,449 5,200 308,061 213,086 |
|---|---|
| 358,738 232,934 |
Creditors relating to restricted funds £1,601 and unrestricted funds £357,137 (2021: £44,544/£168,542)
15. Deferred income
| Deferred income comprises grants for periods after the year end. Balance as at 1 April 2021 Amount released to income earned from charitable activities Amount deferred in year Balance at 31 March 2022 |
213,086 (213,086) 308,061 |
|---|---|
| 308,061 |
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16. Analysis of charitable funds
Analysis of movements in unrestricted funds
| Analysis of movements in unrestricted funds | |
|---|---|
| General Fund Designated Fund Previous reporting period General Fund Prior Year Adjustment Designated Fund |
Balance at 1 April 2021 Incoming Resources Resources Expended Transfers Balance at 31 March 2022 £ £ £ £ £ 568,903 1,300,160 (896,034) (12,494) 960,535 150,000 - - - 150,000 |
| 718,903 1,300,160 (896,034) (12,494) 1,110,535 |
|
| Balance at 1 April 2020 Incoming Resources Resources Expended Transfers Balance at 31 March 2021 £ £ £ £ £ 255,284 907,657 (654,043) (38,362) 470,536 98,367 - - - 98,367 150,000 - - - 150,000 |
|
| 503,651 907,657 (654,043) (38,362) 718,903 |
Name of unrestricted fund:
General Fund Designated Fund
Description, nature and purpose of the fund
The "free reserves" after allowing for all designated funds For future redundancy provision
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Analysis of movements in restricted funds
| Analysis of movements in restricted funds | 21 | 21 | ||||
|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at 31 | |||
| April 2021 | Resources | Expended | Transfers | March | 2022 | |
| £ | £ | £ | £ | £ | ||
| Action Together CIO | 525 | 45,376 | (21,437) | - | 24,464 | |
| Brook Trust | - | 2,000 | (2,000) | - | - | |
| Children in Need | 199 | 37,913 | (38,112) | - | - | |
| Children in Need FSW | - | 10,000 | (5,000) | - | 5,000 | |
| Action Together CIO - Community Wellbeing Programme | 604 | - | (604) | - | - | |
| Health Education England Early Years Neurodiversity | 8,620 | - | (8,620) | - | - | |
| Henry Smith | 346 | - | (346) | - | - | |
| Tameside & Glossop CCG Crisis Funds | 197 | - | (3,153) | 11,822 | 8,866 | |
| HMRC CVJRS | - | 3,403 | (3,403) | - | - | |
| Oldham Community Recovery Fund | 742 | - | (910) | 672 | 504 | |
| New Charter | 60 | - | (60) | - | - | |
| Home-Start UK Loneliness in Young Mums | 4,597 | - | (4,597) | - | - | |
| Home-Start UK Supercharged JLP | - | 1,025 | (1,025) | - | - | |
| Home-Start UK TLNCF | - | 60,000 | (60,000) | - | - | |
| Home-Start UK Volant Grant | - | 31,111 | (26,111) | - | 5,000 | |
| Comic Relief | 12,754 | 58,328 | (54,582) | - | 16,500 | |
| NHS Tameside & Glossop PIMH | 4 | - | (4) | - | - | |
| 28,648 | 249,156 | (229,964) | 12,494 | 60,334 |
Previous reporting period
| Previous reporting period | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at 31 | |||
| April 2020 | Resources | Expended | Transfers | March | 2021 | |
| £ | £ | £ | £ | £ | ||
| The National Lottery Community Fund | - | 80,000 | (80,000) | - | - | |
| Action Together CIO | - | 6,204 | (5,679) | - | 525 | |
| Bolton CVS | - | 600 | (600) | - | - | |
| Children in Need | - | 33,095 | (32,896) | - | 199 | |
| Action Together CIO - Community Wellbeing Programme | - | 12,070 | (11,466) | - | 604 | |
| Health Education England Early Years Neurodiversity | 20,000 | - | (11,380) | - | 8,620 | |
| Henry Smith | - | 40,000 | (39,654) | - | 346 | |
| Tameside & Glossop CCG Crisis Funds | 5,197 | - | (5,000) | - | 197 | |
| Oldham Community Recovery Fund | - | 1,000 | (258) | - | 742 | |
| New Charter | 60 | - | - | - | 60 | |
| Home-Start UK | - | 60,000 | (60,000) | - | - | |
| Home-Start UK Caring for Families | - | 3,996 | (3,996) | - | - | |
| Home-Start UK GM Big Lottery | 2,903 | - | (2,903) | - | - | |
| Home-Start UK Loneliness Project Covid 19 | - | 20,000 | (20,000) | - | - | |
| Home-Start UK Loneliness in Young Mums | 4,597 | - | - | - | 4,597 | |
| Restricted Donations & Fundraising | 1,580 | - | (1,580) | - | - | |
| Comic Relief | - | 65,561 | (91,169) | 38,362 | 12,754 | |
| NHS Tameside & Glossop PIMH | 4 | - | - | - | 4 | |
| 34,341 | 322,526 | (366,581) | 38,362 | 28,648 |
Name of restricted fund: Description, nature and purpose of the fund Action Together CIO for the Babies in Lockdown project for salary and project costs Brook Trust for governance and consultancy fees Children in Need for the Play, Learn, Grow school readiness project for salaries and project costs Children in Need FSW towards costs for a family support worker for PIMHS team Action Together CIO - Community Wellbeing Programme for the Tameside Community Wellbeing Programme for salary and project costs Health Education England Early Years Neurodiversity for the Neurodiversity project for salary and project costs Henry Smith for core costs Tameside & Glossop CCG Crisis Funds The balance on this fund represents future depreciation HMRC CVJRS for salaries Oldham Community Recovery Fund The balance on this fund represents future depreciation New Charter For the MOTIV8 project or BBO (Building Better Opportunities) Home-Start UK Loneliness in Young Mums For the Loneliness in Young Mums project Home-Start UK Supercharged JLP to support families with food and energy costs Home-Start UK TLNCF for Home-Starts in Greater Manchester, led by Home-Start UK Home-Start UK Volant Grant to cover staff time and associated costs of holding a large number of family events Comic Relief for the BAME Parent Infant Mental Health project in Tameside and Oldham for salary and project costs NHS Tameside & Glossop PIMH For resources used in volunteer training
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17. Analysis of net assets between funds
| Tangible fixed assets Cash at bank and in hand Other net current assets/(liabilities) Total Previous reporting period Tangible fixed assets Cash at bank and in hand Other net current assets/(liabilities) Total |
Unrestricted funds Designated funds Restricted funds Total 2022 £ £ £ £ 15,456 - 9,370 24,826 929,641 150,000 52,565 1,132,206 15,438 - (1,601) 13,837 |
|---|---|
| 960,535 150,000 60,334 1,170,869 |
|
| Unrestricted funds Designated funds Restricted funds Total 2021 £ £ £ £ 15,894 - 2,956 18,850 474,660 150,000 66,091 690,751 78,349 - (40,399) 37,950 |
|
| 470,536 150,000 28,648 747,551 |
18. Financial Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised on a transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at an amortised cost using the effective interest method.
19. Operating Leases
| 19. Operating Leases | |
|---|---|
| Not later than one year Later than one year and not later than five years |
2022 2021 £ £ 6,879 39,853 1,250 109,300 |
| 8,129 149,153 |