GOMPANY REGISTRATION NUMBER: 07003472 CfrIARITY REGISTRATION NUMBER: 1136722 Home-start Richmondshire Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 CHIPCHASE MANNERS Chartered AGcountants 15 Newbiggin Richmond North Yorkshire DL10 4DR
Home-start Richmondshire Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the directors, report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 10 The following pages do not fonn part of the financial statements Detailed statement of finanGial activities 21 Notes to the detailed statement of financial activities 23
Home-start Richmondshire Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financlal statements of the company for the year ended 31 March 2024. Chair's raport -Inlroduction 2023-24 has been a positive year for Home-slarl Richmondshire due primarily to our success In being awarded significant Lottery Funding which will secure our existence for at least the next three years. We were informed just prior to the end of the last financial year that we had been successful in our bids and we were awarded £320.000 from two funders over 3 years. On the face of It this is a significant amount of money that clearly secures our immediate-medium term future. However, it has to last 3 years and we must continue to prioritise the search for ongoing future funding. -The Board of Trustees This year saw the resignation of one of our longest standing Trustees. Jim Jack. Jim has been a Trustee since 2018 and has been an Snfluential and dependable member of the Board. We thank him for all he has contributed to in that time and wish he and hls wife well for the future. We have continued to rna1n open to the recruitment of new Twstees and this saw us recruit Hannah Hurley. Unfortunately, family commitments meant that Hannah had to resign after a short time with us, but she remains a resourceladvisor that we call on from the marketing perspective. The recruitment of additional Truste8S therefore remains a priority for the forthcoming year as we anticipate losing one or two more Trustées who have already given us many years of servi. The Chair of the Board has made use of the services of HSUK durlng the year, notably via the Chalrs Forum, attending seminars on 'Board Effectiveness Govemance and Leadership,, Recruitment of Trustees and Volunteers. Whilst there have been useful ideas to consider, it has been encouraging to note that most Boards seem to grapple with the same issues. ie. How to generate ongoing and sustainable funding; recruitment of diverse and representative volunteers and trustees: evidencing performance.
Home-start Richmondshire Company Limited by Guarantee Trustees. Annual Report {Incorporatlng the Directors, Report) (continued) Year ended 31 March 2024 -significant developments during the year -staffing Our success with the Lottery bid meant ihat the Board could take the opportunily to develop our staffing and operational priorities. Part of the funding was therefore used to recruit additional part time staff. Two new staff joined us in JunelJuly 2023, Sue Mcvay. as Scheme Manager and Jlll Sinaguglia as an additional part time family cordInal0r responsible for the assessment of referrals and providing supervision and support lo our volunteers who do the face-to-face work with families. The decision to recruit a part time Scheme Manager was a critical strategic decision given the challenges we have faced In recent months. Whilst HSR is not a large charlty. we are nevertheless large enough to require day to day management of the operational business, along with the need to ensure our local profile is known and valued and we remain responsive to the needs of the large geographical area that we cover. Sue is responsible for the overall business management of HSR. This includes. amongst many other things, supeNision of all staff, developing performance reports, raising the profile of HSR with potential funders and referrers to the Scheme. neorking with local agencies and provlders. She reports directly to the Chair of the Board and in turn to the Board itself. The additional resources that have been created means that we can look actively at developing and increasing our services to families, primarily through our increased complement of volunteers and by working collaboratlvely with other organisations in our local area, a priority for the foreseeable future. -volunteers and Tralning The success in gaining the additional funding meant that a further two Volunteer Preparation trainlng courses (PREP) were held during 2023124. increasing our complement of volunteers by 7. This continues to enable us to continue to meet the demand for our services. To support the Continuous Professional Development (CPD) of our volunteers, Volunteer Peer to Peer Neiwork meetings have been introduced and are held every six weeks. These meetings allow the dellvery of compulsory training, CPD and the opportunity for volunteers to exchange best practice and experiences. Training and CPD delivered during the year include Safeguarding. Introduction to Neurodiverslty and Budgellng. -services to Families Home-start Richmondshire provides free 5UPPOrt to families with young children across Richmondshire. The service is non-judgemental. compassionate, and confidentSal and aims to empower and enable families to build a positive future. The 5UPPOrt provided by our home visiling volunteers Is unlque to the individual family ensuring their needs are identified and the support provided will enable the family to thrive. During Ihe year our home visiting volunteers supported 62 families with 139 children, including 58 new referrals. These families faced a vartety of challenges including isolation, physical health, mental health, household budgeting, coping with multiple births. self-esteem and were supported to work towards and implement actions to empower and enable positive outcomes. -Performance reporting This has been a critical development for us during 2023124. Like many small charities we sometimes struggle to access hard evidence of the impact of our services, other than by anecdotal means. This Is
Home-start Richmondshire Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (continued) Year ended 31 March 2024 clearly not enough when bidding for additional resources. The introduction this year of Lamplight, a Customer Relation Management System (CRM) will begin to generate much needed data that can be interrogaled to provide evidence of impact infomiation that will assist in developing operational seNices and assist with additional funding bmjs. -Local developments 2023 has seen the introduction of the new Local Authority area of York and North Yorkshire. It remains a concern for HSR that despite receiving many referrals from colleagues within the statutory sector of North Yorkshire. we receive no funding whatsoever from them. We remain dependent on grant funding from the non-statutory sector instead. The Chair and individual Trustees have met with their local contacts in the Local Authority and indeed the Chair has wrilten to the new Mayor for York and North Yorkshire. Thus far no progress has been made, in fact little response at all has been received, which is extremely disappointing. -Planning for the Future The Board of Trustees held a Business Development Day in January 2024. A focus of the day was Board Effectiveness and Organisational Performance. Particularly focussing on how we assess the perfornance of HSR and in turn use that to successfulty take HSR fomard into the future. It was agreed that Trustees would consider how to appraise themselves in this regard and how could we make better use of our own local contacts in raising the profi18 of HSR to generate more local funding. During the latter part of 2023124, it has become evident that HSUK will recommence its audit processes, which had been temporarily suspended due to the Covid Pandemic. Our Scheme Manager is leading and managing this process for us. and the introduction of our newly developed CRM system will also greatly assist. The Business Plan developed at the end of last financial year remains relevant for the foreseeable future and is continually updated by our manager to reflect progress and developments as they OGcur throughout the year. It therefore remains our aim that, 'By 2026 HS-R will work in partnership with parents, carers, and complimentary service providers from across all communities within our local area, enabling and empowering parents to ensure their children have the besl possible slart in life. We will be a resilient and responsive charity with a reputation for providing a high-quality service, buill upon a diverse and dedicated team of volunteers. -conclusion The challenges of recent years remain though. not least of which is the search for longer temi sustainable funding in a very difficult and competitive economic climate. However, we have strong foundations, a dedicated and talented staff team. volunteers, and trustees. all of which gives us confidence that Home-start Richmondshire will continue to play an important role within our local ommunty in providing support to families within the whole Richmond5hire area. Heather MacFarquhar Chair of the Board of Trustees, Home-start Richmondshir8 17th June 2024
Home-start Richmondshire Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directors. Report) (continued) Year ended 31 March 2024 Reference and administrative details Registered charlty name Home-slart Richmondshire Charity reglstration number 1136722 Company registration number 07003472 Principal office and registered Office 4 offlce IPS Innovate Chartennark Way Colburn Business Park Catterick Garrison North Yorkshire DL9 4QJ The trustees H MacFarquhar (Chair) J L While T Zaranko APTerry D Bell AJay J Jack J Stansfield H M Wykes (Resigned 11 July 2024) (Resigned 31 December 2023) Independènt examiner Sar8-Louise Dickman ACA Structure, governance and management Structure and Management of the Company The company is rnanaged by a board of directors. The board may nominate individual members and co-opl additional members with full voting rights. New board members receive an induction and briefing on their legal obligations under company law and the content of the constitulion as well as management committee papers to familiarise themselves with their rol& and responsibilities. All board members are appointed using current safer recruitment processes, and meet bi-monthly. They are responsible for the strategic planning. policy development and management of Home-stsrt Richmondshire.
Home-start Richmondshire Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (contlnuedj Year ended 31 March 2024 Structure, governance and management (contlnuedj Governlng Document Hom&Start Richmondshire is govemed by a constitution and is registered at Companies House, incorporated on 28 August 2009. The objects of the company are: To promote good physical and mental health for children and their parents or carers To provide support for parents or carers, to help ensure thelr children grown up with effective care. withln a safe and stimulating environment To advance and develop the skills of parents and carers, in order for them to provide financial stability and effective emotional care for their children Objectlves and actlvltles Our vlsion and mission Home-start Rlchmondshire wants to see a society in which every parent has the support they need to glve thelr chlldren the best possible start in lrfe. Our Mission is to vrfork in partnership with parents and carers from both the civilian and armed forces communities across the local area." enabling and empowering parents to ensure their children have the best possible start in lrfe by offering quality practlcal and emotional support from our staff and volunteer team. Our core values are: Inclusivity, Respect. Empowerment. Responsiveness, Enjoyment. Quallty. Achievements and performance Our achievements and performance are outlined in detail in the Chair's report, along with our plans for future periods.
Home-start Richmondshire Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (¢ontinuedJ Year ended 31 March 2024 Financial review The period from 1st April 2023 to 31 st March 2024 ended wilh total funds carried forward of £74.954. This represented an increase of £7,713 from the previous financial period. Expenditure was roughly in line with the last financial year and within budget. During the course of the financial year Home-start Richmondshire closed their current account and savings account with HSBC. they also closed their Treasurerfs Savings Account with Darlington Building Society. The balance was transferred into the CO-OP current account and an application was made for a CO-OP savings account which was successfully opened in May 2024. Small company provislons This report has been prepared in accordance with the provisions applicable to companies entitled to the small cornpar¢ies exernplion. The trustees, annual report (incorporating the directors. report) was approved on 24 September 2024 and signed on behalf of the board of trustees by: H MacFarqu ar Chalr of Trustees
Home-start Richmondshire Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Home-start Richmondshire Year ended 31 March 2024 I r8POrt to the trustees on my examination of the financial statements of Home-start Richmondshire {'the company,) for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {'the 2006 Act.). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act.. or the financial statements do not accord with those records,. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Staternent of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across rK) Other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. oAs( Sara-Louise Dickman ACA Independent Examiner 15 Newbiggin Richmond North Yorkshire DL10 4DR
Home-start Richmondshire Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies Other trading activities Investment income 1.806 351 1,221 123,513 400 125,319 751 1,221 83,359 837 572 Total Income 3,378 123,913 127.291 84,768 Expenditure Expenditure on charitable activities Other expenditure Total expendlture 1,124 118.454 119,578 105,858 281 1,124 118,454 119,578 106,139 Net In¢omel(expenditure) 2,254 5,459 7,713 (21,371) Transfers between funds (41) 41 Net movement In funds 2,213 5.500 7,713 (21,371) Reconclllatlon of funds Total funds brought forward Total funds carried forward 52.241 15,000 67,241 88.612 54,454 20,500 74,954 67,241 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 10 to 19 fomi part of these Ilnancial ststements.
Home-start Richmondshire Company Limited by Guarantee ststement of Financial Position 31 March 2024 2024 2023 Not• Current assets Debtors Cash at bank and in hand 15 1,163 80,866 1,192 69,918 82,029 71,110 Creditors: amounts falling due within one year Net currant assets 16 7.075 3,869 74,954 67,241 Total assats less current Ilabllltles 74.954 67,241 Net assets 74,954 67,241 Funds of the charity Restricted funds Unrestricted funds 20,500 54.454 15,000 52,241 67,241 Total charlty funds 18 74,954 For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibililies for complying with the reqU1MentS of the Act wilh respect to accounting records and the preparation of financial ststements. These financial statements have beer) prepared in accordance wrth the provisions applicable to companies subject to the small companies. regime. These financial statements were approved by the board of trustees and authorised for issue on 24 September 2024, and are signed on behalf of the board by.. H MacFarquhar Chair of Trustees The notes on pages 10 to 19 form part of these financial staternents.
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General information The company is a public benefrt entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Office 4. IPS Innovate Chartemiark Way, Colbum Business Park, Catterick Garrison, North Yorkshire, DL9 4QJ. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Praclice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollcios Basls of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. Th8 financial stalements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Dlsclosure exemptlons The entrty satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 ofFRS 102.. (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 10
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (conrfnuedj Fund accountlng Unrestricted funds are available for use at the discretlon of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes: restricted income funds or endowment funds. In¢oming resources All incomlng resources are included in the statement of financial activities when entitlement has passed to the charity.. it is probable that the economic benefrts associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donallons or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy Income is recognised when receipt Is probable and entitlement Is established. income from donated goods is measured at the fair value of the goods unl8s8 this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the aeLounls when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. Income from contracts for the supply of services Is recognised wlth the delivery of the contracted service. This is classffied as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent. In which case it may be regarded as restricted. 11
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Ststements (Continued) Year ended 31 March 2024 Accountlng policies (continued) Resources expended Expenditure is recognised on an accruals basis as a liabilty is Incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable actlvities. other expenditure includes all expenditure that is neither related to raislng funds for th8 charity nor part of its expenditure on charitable aGlivities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attribulable to a single activity are allocated directly to that activity. Shad costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Depreclatlon Depreciation is calculated so as to vffite off the cost or valuation of an asset, less ils residual value, over the useful economic lrfe of that asset as follows: Equipment 20Yo Straight line Financlal instruments A financial asset or a financial liability 15 recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount rec6ivable or payable including any related transaction cosls. Current sssets and currenl liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably. the inveslment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivattves, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate. in which case the asset is measured al the psent value of the future payments discounted at a markel rate of interest for a similar debl insirument. 12
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements (wntinugd) Year ended 31 March 2024 Accounting policies {contlnu6d) Flnancial instruments fcontlnued) other financial inslruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments In a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment. an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance. and other financlal assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit rlsk characterlstlcs. Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a carrylng amount of the financial asset thal exceeds what the carrylng amount would have been had the impairment not prevlously been recognised. Doflned contributlon plans Contrlbutions to defined conlribulion plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are reco9nlsed as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contrlbutions are not expected to be settled wholly wilhin 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Rèserves policy Home Start Richmondshire Trustees have set prudent level of reserves at six months running costs. it also reflects the truslees desire that families receive continued support if alternative funding is sought. Llmlted by guarantee Home-start Richmondshire is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be reouired not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member. 13
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations 1.306 1,306 Grants Grants receivable 500 123,513 123.513 124,013 1,806 125.319 Unrestricted Funds Restrlcted Totsl Funds Funds 2023 Donations Donations 4,085 4,085 Grants Grants receivable 1,000 5,085 78,274 78,274 79,274 83.359 Other tradlng activities Unrestricted Funds Restricled Total Funds Funds 2024 Sponsorships Fundraising events Volunteer fund 100 251 100 651 400 351 400 751 Unrestricled Funds Restricted Total Funds Funds 2023 Sponsorships Fundraising events Volunteer fun(J 637 200 637 200 837 83T Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 1.221 1.221 572 572 14
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements {continu8d) Year ended 31 March 2024 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 General activities Support costs 1.124 109.477 8,977 110,601 8,977 1,124 118,454 119.578 Unrestricted Funds Restricted Total Funds Funds 2023 General activities Support costs 10,918 1,400 80.689 12,851 91,607 14,251 12.318 93,540 105,858 Expendlture on charitable activities by actlvlty type Activities undertaken directly Support Total funds costs 2024 Total fund 2023 Gener81 activities Governance costs 110.601 110.601 8,977 119,578 91,607 14,251 8,977 110.601 8,977 105.858 10. Other expendlture Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Loss on disposal of tangible fixed assets held for charity's own use 281 281 11. Net incomel(expenditure) Net incomel{expendilure) is stated after chargingl{crediting): 2024 2023 Depreciation of tangible fixed assets Loss on disposal of tangible fixed assets 161 281 15
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements (Mnllnued) Year ended 31 March 2024 12. Independent examination fees 2024 2023 Fees payable to the independent examiner for. Independent examination of the financial statements 630 630 13. Partlculars of employees The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Employer contributions to pensron plans 76.970 1.609 61,575 1,169 78,579 62.744 The average head count of ernployees during Ihe year was 4 (2023: 2). The average number of full-time equivalent employees during the year is analysed as follows: 2024 2023 Number of staff No employee received employee benefits of more than £60,000 during the year (2023.. Nil>. 14. Trustee remuneratlon and éxponses No salaries or w8ges have been paid lo the trustees during the year. 15. Debtors 2024 2023 Prepayments and accrued income 1.163 1,192 16. Creditors.. amounts falling due wlthln one year 2024 2023 Trade creditors Accruals and deferred income other creditors 3,394 3,301 380 2,698 929 242 7.075 3.869 16
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 17. Pensions and other post retirement benefits Defined contrlbution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,609 (2023: £1.169). 18. Analysis of charitable funds Unrestricted funds At Transfers 31 March 24 At 1 April 23 Income Expenditure General Funds 52,241 3.378 (1,124) (41) 54.454 At Transfers 31 March 23 At 1 April 22 Income Expenditure General Funds 58.842 6.494 (12,599) (496> 52,241 Restricted funds At Transfers 31 March 24 At 1 April 23 Income Expendlture Total restricted funds 15,000 123,913 {118,454) 41 20,500 At Transfers 31 March 23 At 1 April 22 Income Expenditure Total restricted funds 29,770 78,274 {93.540) 496 15.000 17
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements (continued} Year ended 31 March 2024 18. Analysls of charitable funds (Continued) Analysis of restricted funds At 1 April 2022 At 31 March 2023 Income Expenditur8 Transfers Grouplschool Readines5 Ceilidh Fundraiser AFC - Sustaining Familles Lottery - Reaching Communities Two Ridings Cost of Living Winter Formula Fund HSUK Army Central Fund 15,000 15.000 400 (43) 42,430 42,430 73,333 73,333 2,000 250 2.000 5,500 5,500 15.000 123.913 118,454 (41) 20,500 The two funding streams are for: -Armed Forces Covenant - Sustaining Families £100,000 over 3 years to March 2026 Is for Early Support for Army families who have children with additional needs. -Lottery Funding - Reaching Communities £220,000 over 3 years to March 2026 is for enhand support over an extended period to families where a child has received or is awaiting a diagnosis for aulism andlor special educational needs. 18
Home-start Richmondshire Company Limited by Guarantee Notes to the Financial Statements {conts"nuedJ Year ended 31 March 2024 19. Analysis of net assets between funds Unrestricted Funds Restrlcted Total Funds Funds 2024 Current Assets Creditors less than 1 year Net assets 61,529 (7.075) 54,454 20.500 82,029 (7,075) 74,954 20.500 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current Assets Creditors less than 1 year Net assets 56.110 (3,869) 52.241 15,000 71,110 {3,869) 67,241 15,000 19
Home-start Richmondshire Company Limited by Guarantee Management Information Year ended 31 March 2024 The following pages do not fomi part of the financial statements. 20
Home-start Richmondshire Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Income and endowments Donations and legacies Donations Grants receivable 1,306 124,013 125,319 4.085 79,274 83,359 Other trading actlvlties Sponsorships Fundraising events Volunteer fund 100 651 637 200 751 837 Investment income Bank interest receivabl8 1,221 572 Total income 127,291 84,768 21
Home-start Richmondshire Company Limited by Guarantee Detailed Statement of Financial Activities (continued) Year ended 31 March 2024 2024 2023 Expenditure Expenditure on charitable activities Purchases Wages and salaries Pension costs Rent Rates and water Light and heat Repairs and malntenance Insurance Other establishment Vehicle leasinglhire Other motorltravel costs Legal and professional fees Telephone Other office costs Depreciation Volunteer and staff training Advertising and marketing Subscriptions 3,109 76,970 1.609 6,707 1,896 1,299 935 1,118 12 88 3.335 8,977 4,091 3,163 623 61,575 1,169 9,108 1,243 1,436 871 1,090 374 100 4.676 14.251 1,036 2,201 161 452 3,846 1,646 1,261 3,059 1,949 119,578 105,858 Other expendlture Loss on disposal of tangible fixed assets held for charilVs own use 281 Total expenditure 119,578 106,139 Net Incomel(expendlture) 7,713 (21,371) 22
Home-start Richmondshire Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Expendlture on charitable activities General activities Activltles undertaken dlrectly Activilies Wageslsslaries Pension cosis Rent and repairs Computer costs Light & heat 3,109 76,970 1,609 6,707 1,896 1,299 623 61,575 1,169 9,108 1,243 [ ij Sundries Insurance Cleaning and premises exp8nses Bank charges Travel and subsisten Telephone and internet Printing. postage and stationery Depreciation charge Volunteer and staff training Advertising and Marketing Subscriptions 1,436 871 1,090 374 100 4,678 1,036 2,201 161 452 3.846 1,646 935 1,118 12 88 3,335 4,091 3.163 1,261 3.059 1,949 110.601 91,607 GovernanG• Costs Accountancy fees Legal and other professional fees 910 8,067 630 13,621 14,251 8.977 Expendlture on charitable actlvities 119,578 105.858 23