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 2024
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 2024
| 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 2024
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 2024. 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:
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offering support, friendship and practical assistance;
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visiting families in their own homes, where the dignity and identity of each adult and child can be respected and protected;
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reassuring parents that difficulties in bringing up children are not unusual and encouraging them to enjoy family life;
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developing a relationship with the family in which time can be shared and understanding can be developed, using a flexible approach to take account of different needs;
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encouraging parents' strengths and emotional well-being, for the ultimate benefit of the children;
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encouraging families to widen their network of relationships and to use effectively the support and services available within the community."
The Trustees confirm that they have regard to the guidance issued by the Charity Commission on public benefit.
ACHIEVEMENT AND PERFORMANCE
Scheme Achievements and Performance
Main achievement is being able to continue our service for parents in need of support due to successful bids to Lottery and Colyer Ferguson Trust for three years funding.
Resulting in continuation of 60+ trained volunteers in a position to home visit 150+ isolated families referred annually.
Also continued success of our weekly support group for parents with child/ren diagnosed on the Autistic Spectrum (or on the pathway).
Peer support received by parents and children attending weekly is particularly positive.
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
The trustees consider the charity a going concern and the accounts have been prepared on that basis.
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HOME-START NORTH WEST KENT LTD.
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
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 from the annual general meeting at which they were elected until the conclusion of the next annual general meeting. 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)
Registered Charity number
1148298
Registered office
2 Temple Hill Square Dartford Kent DA1 5HZ
Trustees
Ms P Hill Family Liason Officer (resigned 29/2/2024) Ms R Currans Councillor (resigned 1/1/2024) J Hawkes HR Strategic Planning Manager K Deamer Accountant (resigned 1/4/2024)
Ms P Jones-McGill School family liason officer (resigned 1/1/2024) Ms T James Senior Practitioner Health Visitor. (resigned 1/1/2024) Mrs D A Funge Retired Head Teacher W Setufe (appointed 3/6/2024) Mrs V Gordon (appointed 17/6/2024)
Company Secretary
Ms 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:
................................................................. J Hawkes - Trustee
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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 2024.
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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 FCCA
Blue Rocket Accounting Accountants and Tax Advisers 8 Twisleton Court Priory Hill Dartford Kent DA1 2EN
Date: .............................................
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HOME-START NORTH WEST KENT LTD.
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds Charitable activities Direct charitable activities Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 73,124 883 74,007 524 77,108 1,208 78,840 (4,833) 77,295 72,462 |
Restricted funds £ 50,677 - 50,677 - 50,677 - 50,677 - 25,339 25,339 |
31/3/24 Total funds £ 123,801 883 124,684 524 127,785 1,208 129,517 (4,833) 102,634 97,801 |
31/3/23 Total funds £ 124,639 467 125,106 920 146,734 822 148,476 (23,370) 126,004 102,634 |
|---|---|---|---|---|
The notes form part of these financial statements
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HOME-START NORTH WEST KENT LTD.
BALANCE SHEET 31 MARCH 2024
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 1,570 - 75,202 75,202 (4,310) 70,892 72,462 72,462 |
Restricted funds £ - - 25,338 25,338 1 25,339 25,339 25,339 |
31/3/24 Total funds £ 1,570 - 100,540 100,540 (4,309) 96,231 97,801 97,801 72,462 25,339 97,801 |
31/3/23 Total funds £ 2,094 1,956 108,322 110,278 (9,738) 100,540 102,634 102,634 77,295 25,339 102,634 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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:
.............................................
The notes form part of these financial statements
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J Hawkes - Trustee
The notes form part of these financial statements
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HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
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.
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continued...
HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
2. INVESTMENT INCOME
| 31/3/24 | 31/3/23 | |
|---|---|---|
| £ | £ | |
| Deposit account interest | 883 | 467 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 31/3/24 | 31/3/23 | |
| £ | £ | |
| Depreciation - owned assets | 524 | 847 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Average number of employees | 31/3/24 3 |
31/3/23 4 |
|---|---|---|
No employees received emoluments in excess of £60,000.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable activities Direct charitable activities Other Total NET INCOME/(EXPENDITURE) |
Unrestricted funds £ 31,407 467 31,874 853 23,808 822 25,483 6,391 |
Restricted funds £ 93,232 - 93,232 67 122,926 - 122,993 (29,761) |
Total funds £ 124,639 467 125,106 920 146,734 822 148,476 (23,370) |
|---|---|---|---|
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HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds £ £ RECONCILIATION OF FUNDS Total funds brought forward 70,904 55,100 TOTAL FUNDS CARRIED FORWARD 77,295 25,339 7. TANGIBLE FIXED ASSETS COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31/3/24 £ Other debtors - 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31/3/24 £ Social security and other taxes 1,429 Accrued expenses 2,880 4,309 |
Total funds £ 126,004 102,634 Fixtures and fittings £ 31,111 29,017 524 29,541 1,570 2,094 31/3/23 £ 1,956 31/3/23 £ 2,695 7,043 9,738 |
|---|---|
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HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
10. MOVEMENT IN FUNDS
| At 1/4/23 £ Unrestricted funds Core fund 20,074 Contingency fund 57,221 77,295 Restricted funds Big Lottery Fund Grant 25,339 TOTAL FUNDS 102,634 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds Core fund 74,007 Restricted funds Big Lottery Fund Grant 50,677 TOTAL FUNDS 124,684 Comparatives for movement in funds At 1/4/22 £ Unrestricted funds Core fund 30,904 Contingency fund 40,000 70,904 Restricted funds Big Lottery Fund Grant 40,199 Home Office Capital Grant 31 Capacity Builders 36 Children In Need 3,327 Little Buddies 4,609 Reconnect 6,898 55,100 TOTAL FUNDS 126,004 |
Net movement in funds £ (4,833) - (4,833) - (4,833) Resources expended £ (78,840) (50,677) (129,517) Net movement in funds £ (10,830) 17,221 6,391 (14,860) (31) (36) (3,327) (4,609) (6,898) (29,761) (23,370) |
At 31/3/24 £ 15,241 57,221 72,462 25,339 97,801 Movement in funds £ (4,833) - (4,833) At 31/3/23 £ 20,074 57,221 77,295 25,339 - - - - - 25,339 102,634 |
|---|---|---|
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HOME-START NORTH WEST KENT LTD.
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds Core fund Contingency fund Restricted funds Big Lottery Fund Grant Home Office Capital Grant Capacity Builders Children In Need Little Buddies Kent Community Foundation Reconnect TOTAL FUNDS |
Incoming resources £ 14,653 17,221 31,874 83,632 - - - - 9,600 - 93,232 125,106 |
Resources expended £ (25,483) - (25,483) (98,492) (31) (36) (3,327) (4,609) (9,600) (6,898) (122,993) (148,476) |
Movement in funds £ (10,830) 17,221 6,391 (14,860) (31) (36) (3,327) (4,609) - (6,898) (29,761) (23,370) |
|---|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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HOME-START NORTH WEST KENT LTD.
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2024 | ||
| 31/3/24 | 31/3/23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 42,724 | 13,186 |
| Grants | 81,077 | 111,453 |
| 123,801 | 124,639 | |
| Investment income | ||
| Deposit account interest | 883 | 467 |
| Total incoming resources | 124,684 | 125,106 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 93,670 | 95,042 |
| Pensions | 2,004 | 2,317 |
| Premises costs | 9,167 | 11,325 |
| Insurance | 1,159 | 983 |
| Telephone | 1,822 | 2,979 |
| Postage and stationery | 507 | 945 |
| Travel | 2,075 | 2,410 |
| Office expenses | 3,890 | 1,773 |
| Consultancy, course fees & Talks | 6,112 | 3,038 |
| Facilitating work | 2,234 | 9,515 |
| 122,640 | 130,327 | |
| Support costs | ||
| Finance | ||
| Bank charges | 60 | 72 |
| Hospitality expenses | 645 | 2,413 |
| Fixtures and fittings | 524 | 848 |
| 1,229 | 3,333 | |
| Governance costs | ||
| Accountancy and legal fees | 876 | 822 |
| Administration and bookkeeping | 4,772 | 11,594 |
| IT support | - | 2,400 |
| 5,648 | 14,816 | |
| Total resources expended | 129,517 | 148,476 |
| Net expenditure | (4,833) | (23,370) |
This page does not form part of the statutory financial statements
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