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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 08112993 (England and Wales) REGISTERED CHARITY NUMBER: 1148298

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

HOME-START NORTH WEST KENT LTD.

Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN

HOME-START NORTH WEST KENT LTD.

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

HOME-START NORTH WEST KENT LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects for which the charity is established are:

a) to safeguard, protect and preserve the good health, both mental and physical of children and parents of children; b) to prevent cruelty to or maltreatment of children;

c) to relieve sickness, poverty and need amongst children and parents of children;

d) to promote the education of the public in better standards of child care within the environs of North West Kent. "Home-Start aims to increase the confidence and independence of the family by:

The Trustees confirm that they have regard to the guidance issued by the Charity Commission on public benefit.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

FINANCIAL REVIEW

Reserves

The unrestricted fund is available in it's entirety to meet administration costs of the charity. The restricted funds are available to meet the direct charitable costs according to the terms of the individual grant. Home-Start North West Kent have a reserves policy to maintain sufficient funds in deposit accounts with the bank, to enable core fund expenses to be met for a period of six months, should sufficient funding not be obtained.

Going concern

As the main funding is currently the National Lottery, income has been maintained. Therefore, the trustees consider the charity a going concern and the accounts have been prepared on that basis.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The strategic policy and overall management of the charity is directed by its Board of Trustees, who are also responsible for taking major decisions. These trustees shall hold office until the conclusion of the annual general meeting held next after the annual general meeting at which they were elected. The day to day management of the charity is overseen by its management committee

The trustees have examined the major strategic and operational risks that the charity faces and confirm that systems have been established to enable regular reports to be produced so that necessary steps can be taken to lessen these risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

08112993 (England and Wales)

Page 1

HOME-START NORTH WEST KENT LTD.

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

Registered Charity number 1148298

Registered office

2 Temple Hill Square Dartford Kent DA1 5HZ

Trustees

Ms P A Burleigh Retired Headteacher (resigned 7/2/2022) S W Dandawate Retired Local Gov Officer (resigned 11/10/2021) Ms M De-Graft Aidoo Health Visitor (resigned 11/10/2021) Ms M J D Gillam Ex home visiting volunteer (resigned 11/10/2021) Ms G Heath Ex Teacher (resigned 7/2/2022) Ms P Hill Family Liason Officer Dr J Morris Retired GP (resigned 11/10/2021) Ms R Currans Councillor J Hawkes Human Resources Strategic Planning Manag S Gow (resigned 21/6/2022) K Deamer Company director Ms P Jones-McGill School family liason officer Mrs T James (appointed 21/6/2022) Mrs D A Funge (appointed 21/6/2022)

Company Secretary

Mrs D J Bowler

Independent Examiner

Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Ms P Hill - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME-START NORTH WEST KENT LTD.

Independent examiner's report to the trustees of Home-Start North West Kent Ltd. ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your charity'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 examiner'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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts 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

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement 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 concerns and have come across no 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.

Emma Duda ACCA Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN Date: .............................................

Page 3

HOME-START NORTH WEST KENT LTD.

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
34,244
Investment income
2
118
Total
34,362
EXPENDITURE ON
Raising funds
1,027
Charitable activities
Direct charitable activities
23,664
Other
863
Total
25,554
NET INCOME
8,808
RECONCILIATION OF FUNDS
Total funds brought forward
62,097
TOTAL FUNDS CARRIED FORWARD
70,905
Restricted
funds
£
107,855
-
107,855
50
101,205
-
101,255
6,600
48,499
55,099
31/3/22
Total
funds
£
142,099
118
142,217
1,077
124,869
863
126,809
15,408
110,596
126,004
31/3/21
Total
funds
£
130,762
15
130,777
1,414
110,098
792
112,304
18,473
92,123
110,596

The notes form part of these financial statements

Page 4

HOME-START NORTH WEST KENT LTD.

BALANCE SHEET 31 MARCH 2022

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
2,791
CURRENT ASSETS
Cash at bank and in hand
82,744
CREDITORS
Amounts falling due within one year
8
(14,631)
NET CURRENT ASSETS
68,113
TOTAL ASSETS LESS CURRENT LIABILITIES
70,904
NET ASSETS
70,904
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
150
55,033
(83)
54,950
55,100
55,100
31/3/22
Total
funds
£
2,941
137,777
(14,714)
123,063
126,004
126,004
70,904
55,100
126,004
31/3/21
Total
funds
£
3,921
109,353
(2,678)
106,675
110,596
110,596
62,097
48,499
110,596

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

.............................................

P Hill - Trustee

The notes form part of these financial statements

Page 5

HOME-START NORTH WEST KENT LTD.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes, as follows:

Lottery Fund Grant - To provide funding for salary costs, general running costs and overheads. Little Buddies - To provide funding to give support to parents Downs Syndrome Group CAF Families Grant - To provide funding to employ Family Advice workers. Children in Need - To provide funding for Temple Hill Youth Centre and Children's Activities. Home Office Capital Grant - To provide funding for office equipment

Capacity Builders - To provide funding for provision of consultancy services and equipment purchases. Reconnect - To provide funding to help children and young people reconnect to their pre-pandemic lives.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. INVESTMENT INCOME

31/3/22 31/3/21
£ £
Deposit account interest 118 15

Page 6

continued...

HOME-START NORTH WEST KENT LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31/3/22 31/3/21
£ £
Depreciation - owned assets 980 1,307

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

6.

Average number of employees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
20,295
Investment income
15
Total
20,310
EXPENDITURE ON
Raising funds
1,241
Charitable activities
Direct charitable activities
-
Other
-
Total
1,241
NET INCOME/(EXPENDITURE)
19,069
RECONCILIATION OF FUNDS
Total funds brought forward
43,028
TOTAL FUNDS CARRIED FORWARD
62,097
31/3/22

4
Restricted
funds
£
110,467
-
110,467
173
110,098
792
111,063
(596)
49,095
48,499
31/3/21
3
Total
funds
£
130,762
15
130,777
1,414
110,098
792
112,304
18,473
92,123
110,596

Page 7

continued...

HOME-START NORTH WEST KENT LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

7. TANGIBLE FIXED ASSETS

COST
At 1 April 2021 and 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
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 9)
Social security and other taxes
Accrued expenses
9.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
10.
MOVEMENT IN FUNDS
Unrestricted funds
Core fund
Contingency fund
Restricted funds
Big Lottery Fund Grant
Home Office Capital Grant
Capacity Builders
Children In Need
Little Buddies
Reconnect
TOTAL FUNDS
At 1/4/21
£
22,097
40,000
62,097
40,447
41
75
3,327
4,609
-
48,499
110,596
31/3/22
£
12,040
2,098
576
14,714
31/3/22
£
12,040
Net
movement
in funds
£
8,807
-
8,807
(248)
(10)
(39)
-
-
6,898
6,601
15,408
Fixtures
and
fittings
£
31,111
27,190
980
28,170
2,941
3,921
31/3/21
£
83
2,019
576
2,678
31/3/21
£
83
At
31/3/22
£
30,904
40,000
70,904
40,199
31
36
3,327
4,609
6,898
55,100
126,004

Page 8

continued...

HOME-START NORTH WEST KENT LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

10. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
Core fund
Restricted funds
Big Lottery Fund Grant
Home Office Capital Grant
Capacity Builders
Reconnect
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
Core fund
Contingency fund
Restricted funds
Big Lottery Fund Grant
Home Office Capital Grant
Kent CC - Health Safety Scheme
Capacity Builders
Children In Need
Little Buddies
TOTAL FUNDS
Incoming
resources
£
34,362
99,854
-
1
8,000
107,855
142,217
At 1/4/20
£
3,028
40,000
43,028
39,745
55
1,008
128
3,327
4,832
49,095
92,123
Resources
Movement
expended
in funds
£
£
(25,555)
8,807
(100,102)
(248)
(10)
(10)
(40)
(39)
(1,102)
6,898
(101,254)
6,601
(126,809)
15,408
Net
movement
At
in funds
31/3/21
£
£
19,069
22,097
-
40,000
19,069
62,097
702
40,447
(14)
41
(1,008)
-
(53)
75
-
3,327
(223)
4,609
(596)
48,499
18,473
110,596

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
Core fund
Restricted funds
Big Lottery Fund Grant
Home Office Capital Grant
Kent CC - Health Safety Scheme
Capacity Builders
Little Buddies
TOTAL FUNDS
Incoming
resources
£
20,310
110,467
-
-
-
-
110,467
130,777
Resources
Movement
expended
in funds
£
£
(1,241)
19,069
(109,765)
702
(14)
(14)
(1,008)
(1,008)
(53)
(53)
(223)
(223)
(111,063)
(596)
(112,304)
18,473

Page 9

continued...

HOME-START NORTH WEST KENT LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

Page 10

HOME-START NORTH WEST KENT LTD.

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Pensions
Premises costs
Insurance
Telephone
Postage and stationery
Advertising
Travel
Office expenses
Staff training
Consultancy, course fees & Talks
Facilitating work
Support costs
Finance
Bank charges
Hospitality expenses
Fixtures and fittings
Information technology
Repairs and renewals
Governance costs
Accountancy and legal fees
Bookkeeping
IT support
Total resources expended
Net income
31/3/22
31/3/21
£
£
19,945
14,337
122,154
116,425
142,099
130,762
118
15
142,217
130,777
81,025
67,193
2,070
1,739
7,676
10,411
701
910
2,494
1,005
856
620
546
-
1,735
662
2,026
8,861
75
-
3,318
2,520
6,709
3,164
109,231
97,085
96
69
2,356
37
980
1,308
3,432
1,414
146
-
864
792
11,136
13,013
2,000
-
14,000
13,805
126,809
112,304
15,408
18,473
31/3/22
31/3/21
£
£
19,945
14,337
122,154
116,425
142,099
130,762
118
15
142,217
130,777
81,025
67,193
2,070
1,739
7,676
10,411
701
910
2,494
1,005
856
620
546
-
1,735
662
2,026
8,861
75
-
3,318
2,520
6,709
3,164
109,231
97,085
96
69
2,356
37
980
1,308
3,432
1,414
146
-
864
792
11,136
13,013
2,000
-
14,000
13,805
126,809
112,304
15,408
18,473
130,762
15
130,777
67,193
1,739
10,411
910
1,005
620
-
662
8,861
-
2,520
3,164
97,085
69
37
1,308
1,414
-
792
13,013
-
13,805
112,304
18,473

This page does not form part of the statutory financial statements

Page 11