REGISTERED COMPANY NUMBER: 08301552 (England and Wales) REGISTERED CHARITY NUMBER: 1153287
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
FOR
HOME-START HERTFORDSHIRE
HOME-START HERTFORDSHIRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Statement of Trustees' Responsibilities | 6 | ||
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Statement of Financial Position | 9 | ||
| Notes to the Financial Statements | 10 | to | 22 |
HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
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 2021. 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
Scheme Objectives
The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their duties or powers.
Scheme Objectives
Home-Start Hertfordshire is a charity that supports families throughout Hertfordshire and covers the boroughs of Broxbourne, Dacorum, East Hertfordshire, North Hertfordshire (excluding Royston), Stevenage, St Albans and Welwyn Hatfield. It also provides group services in Hertsmere in conjunction with Home-Start Watford and Three Rivers.
Home-Start offers practical and emotional support to children and their families in their local communities.
Our objectives are:
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to safeguard, protect and preserve the good health, both mental and physical of children and parents of children;
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to prevent cruelty to or maltreatment of children;
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to relieve sickness, poverty and need amongst children and parents of children;
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to promote the education of the public in better standards of child care within their respective areas.
The Service
The Home-Start network consists of Home-Start UK and affiliated local Home-Start's throughout the UK. Together they form the Home-Start service, delivering one-to-one practical and emotional support to young families.
Home-Start helps families cope with problems such as post-natal illness, isolation, bereavement, disability and domestic violence. Each local Home-Start is an independently registered charity that supports families in a way that reflects the needs within the local community.
Support to parents is free, confidential and non-judgemental. Families report a huge and positive improvement in their lives and the lives of their families as a result of the service.
Page 1
HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
ACHIEVEMENT AND PERFORMANCE
2021 has been a different and difficult year for us all due to the Covid-19 pandemic, however Home-Start Hertfordshire has risen to the challenge and provided quality support to approximately 279 families including 631 children during this time. We received 142 referrals, less than the year before, but predicted as an inevitable result of frontline professionals having very limited contact with families. This is an amazing headline and a credit to our staff and volunteer family mentors.
The pandemic has meant that face to face contact with families in their own homes had to stop. Instead, families were supported via telephone and video calls, walk and talk sessions for the most vulnerable outdoors once the initial lockdown eased, and food parcel deliveries to those in greatest need.
The impact of lockdown on families has been in many cases severe, with an increase in parents experiencing mental health issues and a greater incidence of domestic abuse situations causing families to flee their homes, all affecting their ability to cope. Home-Start has been there for these families.
The effect of the pandemic has also impacted enormously on our ability to fundraise through the usual programme of events and activities.
There have been other opportunities for income generation with more grant applications submitted to funds released specifically due to Covid-19. A very successful emergency appeal was launched, and donations have come in from a wide variety of sources. For all this support, we are extremely grateful.
Our heroes continue to be our volunteers who have supported their families in ways not imagined when they signed up to work with Home-Start Hertfordshire. They themselves will not have had the familiar channels of support from us but zoom has stepped into the breach, although nothing can replace that face to face contact with friends and colleagues. The commitment of our staff and trustees has reached new levels as together the challenges of the year have been embraced and turned in to opportunities.
We ended the year on a very positive financial footing providing Home-Start Hertfordshire with a greater degree of sustainability from which we can continue to develop our services to support the existing and emerging needs of families across Hertfordshire
Quality Assurance
All Home-Start schemes undertake quality assurance reviews through Home-Start UK. This is a rigorous examination of documentation, policies and procedures, day to day running of the scheme and involves interviews with referrers, families, staff, volunteers, and trustees. The scheme completes self-assessment documentation, provides evidence and arranges interviews with chosen families, referrers and staff. The Chair, Treasurer and manager at each scheme are also interviewed.
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HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
FINANCIAL REVIEW
Treasurer's report
The financial year 2020/21 was our fifth year as a fully operating organisation, supporting families in the boroughs of Broxbourne, Dacorum, East Hertfordshire, North Hertfordshire (excluding Royston), Stevenage, St Albans and Welwyn Hatfield. Following a good year in 2019/20 we began the year in an optimistic mood and a budgeted surplus of £32,000. But then Covid-19 struck and we had to quickly reassess our funding strategy as our fundraising events were cancelled. An emergency appeal raised nearly £30,000 and so we then focussed on securing additional grants, corporate funding and donations. Despite the lack of fundraising events our final income of £360,000 was more than £36,000 over budget. A huge thanks goes to the staff for going above and beyond to generate this income in such difficult circumstances.
We had planned to recruit a new CEO in 2020/21, however when we had to review budgets, we agreed that we were not in a position to make that appointment. Consequently, with reduced staffing costs and savings made on staff training, expenses and travel, our total expenditure for the year was £279,000, under budget by £13,000. Combining both the actual income and expenditure, our final surplus for the year was £81,000, a very unexpected £49,000 over budget, which in these unprecedented circumstances was no mean feat.
As ever, we will always owe a huge debt of gratitude to those companies, funders and donors who continue to support us and while we can't list them all we would like to thank the following for their support:-
Local businesses and business networks who have supported us include 5 Rings Telecoms, Austins, Baldock Networking Group, Maltings shopping centre, Co-op, Tesco, The Accountancy Practice, The Businesses Community (St. Albans), John Lewis and Waitrose.
We received donations from many local churches (including Sunnyside Church, St. Mary's Church Welwyn, and St. Mary's Church Baldock), schools and nurseries (including Hobbs Hill Wood Primary School, Thundridge Primary school), Rotary Clubs, Inner Wheel clubs, the Kiwanis Club, other community groups, and the Valiant Charitable Trust. We have appreciated the large number of individual donations from our supporters, including staff, volunteers and previously supported families.
We would also like to thank our patron Ken Follett and the Follett Trust, and the members of the development group for their continued support and guidance.
We have been successful in securing grants from a variety of sources - BBC Children in Need, Letchworth Heritage Foundation, Hitchin Youth Trust, Fisher Charitable Foundation, Shanly Foundation, Sylvia Adams Charitable Trust, NHS Herts Valley CCG, Julia and Hans Rausing Trust, Hertfordshire Community Foundation, Garfield Weston Foundation, The National Lottery Community Fund, Big Lottery Awards for all, Home-Start UK and The Childwick Trust. We have received grants from East Herts District Council, North Herts District Council, St. Albans City and District Council, Welwyn Hatfield Borough Council, Stevenage Borough Council and Hertfordshire County Councillors. The grants have been used to support families and fund new and current projects such as family groups and perinatal mental health support and we are extremely grateful for everyone's support.
We expected Covid-19 to have a devastating impact on our finances in 2020/21, however, we have been extremely lucky and with the grants already secured and increased focus on bid-writing we continue to be optimistic for the future and are looking to expand our services in 2021/22 so that we can support more families in the county.
Page 3
HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
FINANCIAL REVIEW Reserves policy
The trustees have set a reserves policy which requires:
a) reserves are maintained at a level which ensures that Home-Start's core activity could continue during a period of unforeseen difficulty
b) a proportion of reserves are maintained in a readily realisable form.
The calculation of the required level of reserves is an integral part of the scheme's planning, budget and forecast cycle and takes into account:
-
risks associated with each stream of income and expenditure being different from that budgeted
-
planned activity level
-
organisation's commitments.
Having considered the risk, activity and commitments of the organisation, trustees have agreed that the scheme need to retain a level of reserves of 3 months running costs, plus redundancy.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Structure
Home-Start Hertfordshire was incorporated on 21 November 2012 as a Company Limited by Guarantee not having a Share Capital and was registered as a charity with the Charities Commission on 7 August 2013.
The charity is governed by a Board of Trustees led by the Chairman Pauline Kellett. The trustees all contribute their time voluntarily and have confirmed that they no interests that conflict with the interests and activities of the charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
08301552 (England and Wales)
Registered Charity number
1153287
Registered office
5 Bedwell Park Stevenage Herts SG1 1NB
Trustees
Ms L T Clarke Mrs P Kellett Ms J Portas R Thornton (resigned 14.8.20) P J Mayne Lady P J Magee S Mitchell A Watts Mrs J M Gregory (appointed 13.11.20) Mrs P J Hart (resigned 1.9.20)
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HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary Mrs P J Hart from 1.9.20
Independent Examiner
Neil C Harding ICAEW Bradshaw Johnson Chartered Accountants Croft Chambers 11 Bancroft Hitchin Hertfordshire SG5 1JQ
Approved by order of the board of trustees on 24 September 2021 and signed on its behalf by:
Mrs P Kellett - Trustee
Page 5
HOME-START HERTFORDSHIRE
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2021
The trustees (who are also the directors of Home-Start Hertfordshire for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial 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 those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME-START HERTFORDSHIRE
Independent examiner's report to the trustees of Home-Start Hertfordshire ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
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 2. 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.
Neil C Harding ICAEW Bradshaw Johnson Chartered Accountants Croft Chambers 11 Bancroft Hitchin Hertfordshire SG5 1JQ
Date: 29 September 2021
Page 7
HOME-START HERTFORDSHIRE
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 95,318 Other trading activities 4 29,618 Other income 1,251 Total 126,187 EXPENDITURE ON Charitable activities 5 Home-Start Hertfordshire 40,067 NET INCOME/(EXPENDITURE) 86,120 RECONCILIATION OF FUNDS Total funds brought forward 115,724 TOTAL FUNDS CARRIED FORWARD 201,844 |
Restricted funds £ 233,922 - - 233,922 238,874 (4,952) 51,527 46,575 |
31.3.21 Total funds £ 329,240 29,618 1,251 360,109 278,941 81,168 167,251 248,419 |
31.3.20 Total funds £ 294,523 68,546 483 |
|---|---|---|---|
| 363,552 291,785 |
|||
| 71,767 95,484 |
|||
| 167,251 |
The notes form part of these financial statements
Page 8
HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)
STATEMENT OF FINANCIAL POSITION
31 MARCH 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 11 569 CURRENT ASSETS Debtors 12 - Cash at bank 218,785 218,785 CREDITORS Amounts falling due within one year 13 (17,510) NET CURRENT ASSETS 201,275 TOTAL ASSETS LESS CURRENT LIABILITIES 201,844 NET ASSETS 201,844 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 46,575 46,575 - 46,575 46,575 46,575 |
31.3.21 Total funds £ 569 - 265,360 265,360 (17,510) 247,850 248,419 248,419 201,844 46,575 248,419 |
31.3.20 Total funds £ - 2,559 175,664 178,223 (10,972) 167,251 167,251 167,251 115,724 51,527 167,251 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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.
The financial statements were approved by the Board of Trustees and authorised for issue on 24 September 2021 and were signed on its behalf by:
P Kellett - Trustee
The notes form part of these financial statements
Page 9
HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. STATEMENT OF COMPLIANCE
Home-Start Hertfordshire is a charitable company incorporated in England. The registered office is: 5 Bedwell Park, Stevenage, Hertfordshire, SG1 1NB.
The charitable company's financial statements have been prepared in compliance with Charities SORP (FRS 102) as it applies to the financial statements for the year ended 31 March 2021.
2. 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.
Home-Start Hertfordshire meets the definition of a public entity under FRS 102.
After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements as outlined in the Statement of Trustees Responsibilities.
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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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.
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
2. ACCOUNTING POLICIES - continued
Legal status of the charitable company
In the event of the charitable company being wound up, each trustee (being a member of the charity) has undertaken to contribute to the assets of the charitable company such amounts as required by not exceeding £1. This guarantee extends until one year after a trustee ceases to be a member. The trustees control the charitable company.
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.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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.
Financial instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
3. DONATIONS AND LEGACIES
| Donations Grants Statutory funding Corporate funding |
31.3.21 £ 61,522 195,166 56,774 15,778 329,240 |
31.3.20 £ 49,327 153,650 39,382 52,164 294,523 |
|---|---|---|
Grants and statutory funding received, included in the above, are as follows:
| 31.3.21 | 31.3.20 | |
|---|---|---|
| £ | £ | |
| Awards for All | 10,000 | - |
| Children in Need | 40,995 | 40,995 |
| Co-op Community fund | 2,874 | - |
| East Herts District Council | 3,000 | - |
| Fisher Charitable Foundation | 1,000 | - |
| Garfield Weston Foundation | 25,000 | - |
| Herts Community Foundation - Anglian Water | 5,000 | - |
| Herts Community Foundation - Covid-19 fund | 5,000 | - |
| Hitchin Youth Trust | 5,071 | 5,000 |
| Home - Start UK | 2,000 | 2,958 |
| Julia and Hans Rausing Trust | 35,000 | - |
| Letchworth Garden City Heritage Foundation | 15,500 | 15,125 |
| Local councillor grants | 6,400 | 6,740 |
| NHS Herts Valley CCG | 8,000 | - |
| North Herts District Council | 5,000 | 9,140 |
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
3. DONATIONS AND LEGACIES - continued
| Shanly Foundation St Albans District Council Stevenage Borough Council Tesco (Groundwork UK) The Childwick Trust The National Lottery Community fund Welwyn Hatfield Borough Council Sylvia Adams Charitable Trust Dacorum Borough Council Barnardos Bedfordshire and Luton Community Foundation Chapman Charitable Trust Dacorum Community Trust Herts Community Foundation June Margaret Pavyer Will Trust Valiant Trust Other grants 4. OTHER TRADING ACTIVITIES Fundraising events Services/Trading 5. CHARITABLE ACTIVITIES COSTS Home-Start Hertfordshire 6. SUPPORT COSTS Home-Start Hertfordshire |
Direct Costs £ 236,130 |
1,000 10,987 18,170 1,166 2,500 30,000 13,217 4,000 - - - - - - - - 1,060 251,940 31.3.21 £ 29,618 - 29,618 Support costs (see note 6) £ 42,811 |
- 13,832 6,670 6,000 - - - - 3,000 29,264 4,637 2,000 500 26,971 5,000 15,000 200 193,032 31.3.20 £ 67,254 1,292 68,546 Totals £ 278,941 Other £ 42,811 |
|
|---|---|---|---|---|
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.21 | 31.3.20 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 142 | - |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
9. STAFF COSTS
| STAFF COSTS | ||||
|---|---|---|---|---|
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Number of employees |
31.3.21 £ 216,761 8,915 10,454 236,130 31.3.21 16 |
31.3.20 £ 203,092 9,112 9,841 222,045 31.3.20 16 |
||
No employees received emoluments in excess of £60,000.
10. 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 78,161 Other trading activities 43,631 Other income 483 Total 122,275 EXPENDITURE ON Charitable activities Home-Start Hertfordshire 87,236 NET INCOME 35,039 |
Restricted funds £ 216,362 24,915 - 241,277 204,549 36,728 |
Total funds £ 294,52 68,54 48 |
|---|---|---|
| 363,55 291,78 |
||
| 71,76 |
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
| 10. | 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| £ | £ | £ | ||||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 80,683 | 14,801 | 95,484 | |||
| TOTAL FUNDS CARRIED FORWARD | 115,722 | 51,529 | 167,251 | |||
| 11. | TANGIBLE FIXED ASSETS | |||||
| Computer | ||||||
| equipment | ||||||
| £ | ||||||
| COST | ||||||
| At 1 April 2020 | 7,650 | |||||
| Additions | 711 | |||||
| At 31 March 2021 | 8,361 | |||||
| DEPRECIATION | ||||||
| At 1 April 2020 | 7,650 | |||||
| Charge for year | 142 | |||||
| At 31 March 2021 | 7,792 | |||||
| NET BOOK VALUE | ||||||
| At 31 March 2021 | 569 | |||||
| At 31 March 2020 | - | |||||
| 12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 31.3.21 | 31.3.20 | |||||
| £ | £ | |||||
| Trade debtors | - | 2,559 |
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| Trade creditors | 1,836 | 698 |
| Social security and other taxes | 4,236 | 4,136 |
| Accrued expenses | 11,438 | 6,138 |
| 17,510 | 10,972 |
14. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds North Herts St Albans Stevenage Dacorum Children in Need VIG Hitchin Youth Trust B&LCF HCF-CRM Co-op Garfield Weston TOTAL FUNDS |
At 1.4.20 £ 115,724 12,232 1,797 27,416 3,000 82 2,351 3,239 1,159 251 - - 51,527 167,251 |
Net movement in funds £ 86,120 (7,743) (1,049) (16,504) (2,648) 17,152 (780) (548) (1,159) (251) 245 8,333 (4,952) 81,168 |
At 31.3.21 £ 201,844 4,489 748 10,912 352 17,234 1,571 2,691 - - 245 8,333 |
|---|---|---|---|
| 46,575 | |||
| 248,419 |
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds North Herts St Albans Stevenage Sylvia Adams Welwyn Hatfield Dacorum East Herts Children in Need Tesco Awards for All VIG Hitchin Youth Trust B&LCF HCF-CRM Co-op Garfield Weston TNL Community Fund HVCCG HCF-Anglian Water HCF-Covid-19 JHR Trust TOTAL FUNDS |
Incoming resources £ 126,187 21,360 19,487 2,500 4,000 13,717 852 3,900 40,995 1,166 10,000 - 5,071 - - 2,874 25,000 30,000 8,000 5,000 5,000 35,000 233,922 360,109 |
Resources Movement expended in funds £ £ (40,067) 86,120 (29,103) (7,743) (20,536) (1,049) (19,004) (16,504) (4,000) - (13,717) - (3,500) (2,648) (3,900) - (23,843) 17,152 (1,166) - (10,000) - (780) (780) (5,619) (548) (1,159) (1,159) (251) (251) (2,629) 245 (16,667) 8,333 (30,000) - (8,000) - (5,000) - (5,000) - (35,000) - (238,874) (4,952) (278,941) 81,168 |
|---|---|---|
continued...
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HOME-START HERTFORDSHIRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 80,683 | 35,041 | 115,724 |
| Restricted funds | |||
| North Herts | 5,347 | 6,885 | 12,232 |
| St Albans | 660 | 1,137 | 1,797 |
| Stevenage | 62 | 27,354 | 27,416 |
| Welwyn Hatfield | 2,146 | (2,146) | - |
| Dacorum | 500 | 2,500 | 3,000 |
| Children in Need | 1,040 | (958) | 82 |
| Awards for All | 3,343 | (3,343) | - |
| HCF - Vol Prep Course | 1,703 | (1,703) | - |
| VIG | - | 2,351 | 2,351 |
| Hitchin Youth Trust | - | 3,239 | 3,239 |
| B&LCF | - | 1,159 | 1,159 |
| HCF-CRM | - | 251 | 251 |
| 14,801 | 36,726 | 51,527 | |
| TOTAL FUNDS | 95,484 | 71,767 | 167,251 |
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds North Herts St Albans Stevenage Welwyn Hatfield Dacorum East Herts Children in Need Tesco Awards for All Barnardos HCF - Vol Prep Course VIG Hitchin Youth Trust B&LCF HCF-CRM HCF-PCC HCF-PERINATAL SUPPORT TOTAL FUNDS |
Incoming resources £ 122,275 39,965 21,621 56,416 1,750 4,050 1,650 40,995 6,000 - 29,264 - 2,958 4,999 4,637 5,000 4,642 17,330 241,277 363,552 |
Resources Movement expended in funds £ £ (87,234) 35,041 (33,080) 6,885 (20,484) 1,137 (29,062) 27,354 (3,896) (2,146) (1,550) 2,500 (1,650) - (41,953) (958) (6,000) - (3,343) (3,343) (29,264) - (1,703) (1,703) (607) 2,351 (1,760) 3,239 (3,478) 1,159 (4,749) 251 (4,642) - (17,330) - (204,551) 36,726 (291,785) 71,767 |
|---|---|---|
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds North Herts St Albans Stevenage Welwyn Hatfield Dacorum Children in Need Awards for All HCF - Vol Prep Course VIG Hitchin Youth Trust Co-op Garfield Weston TOTAL FUNDS |
At 1.4.19 £ 80,683 5,347 660 62 2,146 500 1,040 3,343 1,703 - - - - 14,801 95,484 |
Net movement in funds £ 121,161 (858) 88 10,850 (2,146) (148) 16,194 (3,343) (1,703) 1,571 2,691 245 8,333 31,774 152,935 |
At 31.3.21 £ 201,844 4,489 748 10,912 - 352 17,234 - - 1,571 2,691 245 8,333 |
|---|---|---|---|
| 46,575 | |||
| 248,419 |
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds North Herts St Albans Stevenage Sylvia Adams Welwyn Hatfield Dacorum East Herts Children in Need Tesco Awards for All Barnardos HCF - Vol Prep Course VIG Hitchin Youth Trust B&LCF HCF-CRM HCF-PCC HCF-PERINATAL SUPPORT Co-op Garfield Weston TNL Community Fund HVCCG HCF-Anglian Water HCF-Covid-19 JHR Trust TOTAL FUNDS |
Incoming resources £ 248,462 61,325 41,108 58,916 4,000 15,467 4,902 5,550 81,990 7,166 10,000 29,264 - 2,958 10,070 4,637 5,000 4,642 17,330 2,874 25,000 30,000 8,000 5,000 5,000 35,000 475,199 723,661 |
Resources Movement expended in funds £ £ (127,301) 121,161 (62,183) (858) (41,020) 88 (48,066) 10,850 (4,000) - (17,613) (2,146) (5,050) (148) (5,550) - (65,796) 16,194 (7,166) - (13,343) (3,343) (29,264) - (1,703) (1,703) (1,387) 1,571 (7,379) 2,691 (4,637) - (5,000) - (4,642) - (17,330) - (2,629) 245 (16,667) 8,333 (30,000) - (8,000) - (5,000) - (5,000) - (35,000) - (443,425) 31,774 (570,726) 152,935 |
|---|---|---|
Purposes of unrestricted funds
These are funds available for use at the discretion of the trustees in the furtherance of the general activities of the charity.
Purposes of restricted funds
These are subjected to the restrictions on their expenditure imposed by the donor.
North Herts - Funds are restricted for use in North Hertfordshire, including Hitchin, Letchworth, and the surrounding area. Funds are used to support families through home-visiting and family group support.
St Albans - Funds are restricted for use in St Albans and the surrounding area. Funds are used to support families through home-visiting and family group support.
Stevenage - Funds are restricted for use in Stevenage and the surrounding area. Funds are used to support families through home-visiting and family group support.
continued...
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14. MOVEMENT IN FUNDS - continued
Sylvia Adams - These funds are restricted for use in the creation and evaluation of a Specialist Perinatal Mental Health project. The project provides a new service that supports parents and families identified by health professional as vulnerable to perinatal depression. The project covers two areas of Hertfordshire; Stevenage and Hemel Hempstead.
Welwyn Hatfield - Welwyn Hatfield Borough Council - to support families through home-visiting in Welwyn Hatfield.
Dacorum - Funds are restricted for use in Hemel Hempstead and the surrounding area. Funds are used to support families through home-visiting and family group support.
East Herts - Funds are restricted for use in East Hertfordshire, including Hertford, Bishop Stortford, Chestnut and the surrounding area. Funds are used to support families through home-visiting and family group support.
Children in Need - Funds are restricted and relate to a three year grant to fund six family groups across Hertfordshire.
Tesco - Tesco Bags of Help is a grant programme set up to support local projects, that benefit the community. Funds received through this programme are used for a variety of purposes and depend on the specific projects that have been agreed with Tesco.
Awards for All - funds are restricted and relate to a project to develop and implement a strategic plan, for a Countywide roll out of our perinatal mental health project. The project involves promotion, training, partnership building and engagement.
Barnardo's - funds are restricted for the delivery of a volunteer based, home-visiting Family Support service in Stevenage and North Herts. Home-Start Hertfordshire shall recruit, train, and support volunteers to deliver home-based support for vulnerable families in these areas.
HCF - Vol Prep Course - funds are restricted and relate to a project to recruit and train new volunteer family mentors.
VIG - Video Interactive Guidance (VIG) Project - to train staff to use VIG to support parents to improve their interaction with their children.
Hitchin Youth Trust - To run the Hitchin family group.
B&LCF - Bedfordshire & Luton Community Foundation - to support families through home-visiting support in North Herts, St Albans and Dacorum
HCF-CRM - Herts Community Foundation - to implement a Customer Relationship Management (CRM) system to allow more effective and efficient use of the charity's time and resources.
HCF - PCC - Herts Community Foundation Police Crime Commissioner's Action Fund - to deliver and evaluate a "Protective Behaviours" parenting course combined with home-visiting support.
HCF - Perinatal Support - funds are restricted and relate to a project of Intensive Perinatal Support in Stevenage, Dacorum, Welwyn and Hatfield.
Co-op - Co-op local community fund - to train family mentors and support families through home-visiting in Stevenage and North Herts.
Garfield Weston - Garfield Weston Foundation - to assist Home-Start Herts' stabilisation and recovery through the Covid-19 crisis, as per the charity's growth plan.
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
14. MOVEMENT IN FUNDS - continued
TNL Community Fund - The National Lottery Coronavirus Community Support Fund - to deliver activities specifically aimed to support communities and to overcome any immediate liquidity or staffing issues caused by the Covid-19 crisis.
HVCCG - Herts Valley CCG - to support families through remote or home-visiting focussing on mental health needs in St Albans, Dacorum and Harpenden.
HCF-Anglian Water - Herts Community Foundation Anglian Water Positive Difference Fund - to support families through home-visiting in areas of high deprivation in North Herts.
HCF - Covid-19 - Herts Community Foundation Emergency Coronavirus Fund - to provide phone support for families experiencing poor mental health, isolation and financial problems because of coronavirus.
JHR Trust - Julia and Hans Rausing Trust Charity Survival Fund - to assist the sustainability and resilience of Home-Start Herts to continue delivering its core work.
15. RELATED PARTY DISCLOSURES
The key management personnel of the charity who are remunerated comprise the Operations Manager and the Strategy Manager. The total employee benefits of the key management personnel of the charity were £65,045 (2020:£80,301).
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