## **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 perf0m￿nCe 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 Con￿rn 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 coVe￿d. 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 ne￿SSary 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 2￿6. 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 InStan￿S of non-compliance throughout the audit. We assessed the susceptibility of the compan￿5 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 compan￿5 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 compan￿5 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 compan*s 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 compan*s 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 compan￿5 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** **10** ## **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** **11** ## **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** **12** ## **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** **13** ## **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** **14** ## **(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** **15** ## **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| **HOME-START HOST LIMITED** **16** ## **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|| **HOME-START HOST LIMITED** **17** ## **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| **HOME-START HOST LIMITED** **18** ## **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| **HOME-START HOST LIMITED** **19** ## **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| **HOME-START HOST LIMITED** **20** ## **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 **HOME-START HOST LIMITED** **21** **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 **HOME-START HOST LIMITED** **22** ## **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|