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2022-03-31-accounts

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 2022

FOR

HOME-START HERTFORDSHIRE

HOME-START HERTFORDSHIRE

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

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Statement of Financial Position 8 to 9
Notes to the Financial Statements 10 to 20

HOME-START HERTFORDSHIRE

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

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.

Home-Start offers practical and emotional support to children and their families in their local communities.

Our objectives are:

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

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE

2021/2022 can be described as a year for major change at Home-Start Herts.

However, at the heart of what we do we as a charity are children and their families. We have engaged with around 400 families and 880 children, with over 100 volunteers at the end of March 2022. The number of requests for support has steadily risen and the complexity of needs has also increased, which meant at the peak we had a waiting list of some 62 families. We have ensured that they now have the support they need.

The key focus of our support to families remains our volunteer-based home-visiting services, alongside the 8 family groups. In addition to this, families have been taking part in a healthy eating initiative called the Wise about Food Workshop. We recognised that the impact of the pandemic, which was now in its second year, was having a significant impact on the wellbeing of parents and children. There has been an increased focus on mindfulness, including a 6-week course for families with the charity Sunny Kids Shine, as well as support for fathers via the dads' group.

Our volunteers, guided by our dedicated staff, remain the core of the organisation providing invaluable support to parents and families. In December, our volunteers were honoured and thanked at the John Lewis Big Christmas volunteer event hosted in Home-Start Herts' offices.

What families say about us:-

"I don't like to think where I would be without Home-Start; thank you for the support, it has been a lifeline". "My volunteer helped me by talking to me and taking off the burden that I felt in my mind and heart. She was like an Angel and respected my confidentiality".

"Thank you so much for everything you've done. I can never thank you enough for all the support, advice and hugs! You've not only helped me, but my partner and the children too. Goodness only knows where I'd be now if I hadn't been referred, but I know I wouldn't be a strong confident me. From the bottom of my heart, thank you".

We also thank all our staff, volunteers, ambassadors, fundraisers, donors, trustees and patron for the support they give without which we would not achieve what we do.

New leadership

During the year we recruited our new Chief Executive Officer, Suzy Moody, who will lead our charity to develop and deliver our future long-term Strategic Vision. In addition, there have been a number of senior staff changes, and we have now recruited into these roles. This ensures that we have a solid foundation to the charity moving forward.

There have been a number of changes to the Trustee Board, including the departure of our long-standing Chairperson Pauline Kellett who guided the Charity through the creation of Home-Start Herts in 2016. With the recruitment of our new Chair, Treasurer and a number of other Trustees, we have strengthened our Board to ensure we have the skill sets required to be ready for the future.

Quality Assurance

To ensure that we are well governed, all Home-Start Charities undertake both a three yearly Quality Assurance Audit with Home Start UK and Trustees undertake an annual Quality Assurance Self-assessment activity. This includes a rigorous examination of our documentation, policies and procedures, as well as the day to day running of the Charity. The selfassessment activity was completed in 2021/22 and an action plan developed and completed. The Charity also maintains its own risk register which is reviewed regularly by Trustees.

Looking to the Future

As we look to the future, in the short term our 2022/23 Business Plan focusses on ensuring we have a strong well governed Charity ready to deliver its new Strategic Vision and Plan from 2023 onwards.

To ensure we have the capability to meet the growing demand for our services from families, we launched an emergency funding appeal to supplement our existing fundraising strategy in December 2021, this continues as does the increased need for our services.

Page 2

HOME-START HERTFORDSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

We end the year in a positive place, ready to meet the challenges posed in the future.

FINANCIAL REVIEW

Treasurer's report

The financial year 2021/22 was our sixth 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 and personally my first as treasurer.

2021/2022 was another difficult year with Covid-19 following 2020/2021 and we have seen the bulk of our funding move between our normal funding streams. Our funding for this period was slightly down on target at 95% and we secured income of £338,000. Given another year of difficulty for all, this is a great achievement. My personal thanks, along with the board, goes to all staff, volunteers, trustees and board members for all your support and help in achieving this.

We are in a period of growth at Home-Start Herts, and we have invested in growing the team to support this and as a result had an expenditure of 99% of budget. Combining both the actual income and expenditure, our final position for 2021/22 was a deficit of -£13,000.

Financial Summary

2021-22 2020-21 Income £338,000 £360,000 Expenditure £351,000 £279,000

We'd like to express our sincere gratitude to those companies, funders and donors who continue to support us through their donations and fundraising, and we would like to thank the following:-

Page 3

HOME-START HERTFORDSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

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:

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 Julia Gregory. 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

Page 4

HOME-START HERTFORDSHIRE

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

Trustees

Ms L T Clarke (resigned 16.12.21) Mrs P Kellett (resigned 16.12.21) Ms J Portas (resigned 16.12.21) Mr P J Mayne (resigned 6.7.21) Lady P J Magee Mr S Mitchell (resigned 13.2.22) Mr A Watts Mrs J M Gregory Ms G Christey (appointed 16.12.21) Mrs R Firth (appointed 24.9.21) Mrs B Gould (appointed 16.12.21) Mrs S Whittaker (appointed 16.12.21) Mrs C M Wilson (appointed 30.7.21) Mr E W Da Costa (appointed 16.12.21) (resigned 28.3.22)

Company Secretary Mrs P J Hart

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 23 September 2022 and signed on its behalf by:

Mrs J M Gregory - Trustee

Page 5

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 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

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:

  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

  3. 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

  4. 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: 4 October 2022

Page 6

HOME-START HERTFORDSHIRE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
101,992
Other trading activities
4
78,472
Other income
403
Total
180,867
EXPENDITURE ON
Charitable activities
5
Home-Start Hertfordshire
184,614
NET INCOME/(EXPENDITURE)
(3,747)
RECONCILIATION OF FUNDS
Total funds brought forward
201,844
TOTAL FUNDS CARRIED FORWARD
198,097		 Restricted
funds
£
157,152
-
-
157,152
166,800
(9,648)
46,575
36,927		 31.3.22
Total
funds
£
259,144
78,472
403
338,019
351,414
(13,395)
248,419
235,024		 31.3.21
Total
funds
£
329,240
29,618
1,251
360,109
278,941
81,168
167,251
248,419

The notes form part of these financial statements

Page 7

HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)

STATEMENT OF FINANCIAL POSITION

31 MARCH 2022

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
11
5,442
CURRENT ASSETS
Debtors
12
3,500
Cash at bank
217,350
220,850
CREDITORS
Amounts falling due within one year
13
(28,195)
NET CURRENT ASSETS
192,655
TOTAL ASSETS LESS CURRENT
LIABILITIES
198,097
NET ASSETS
198,097
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
36,927
36,927
-
36,927
36,927
36,927		 31.3.22
Total
funds
£
5,442
3,500
254,277
257,777
(28,195)
229,582
235,024
235,024
198,097
36,927
235,024		 31.3.21
Total
funds
£
569
-
265,360
265,360
(17,510)
247,850
248,419
248,419
201,844
46,575
248,419

The notes form part of these financial statements

continued...

Page 8

HOME-START HERTFORDSHIRE (REGISTERED NUMBER: 08301552)

STATEMENT OF FINANCIAL POSITION - continued

31 MARCH 2022

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

The financial statements were approved by the Board of Trustees and authorised for issue on 23 September 2022 and were signed on its behalf by:

Mrs J M Gregory - 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 2022

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 2022.

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...

Page 10

HOME-START HERTFORDSHIRE

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

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		 31.3.22
£
29,036
119,487
102,331
8,290
259,144		 31.3.21
£
61,522
195,166
56,774
15,778
329,240

Grants and statutory funding received, included in the above, are as follows:

31.3.22 31.3.21
£ £
3 Ts Charitable Trust 30,000 -
Awards for All - 10,000
Children in Need 250 40,995
Co-op Community fund 2,303 2,874
East Herts District Council 2,600 3,000
Fisher Charitable Foundation - 1,000
Four Acre Trust 10,000 -
Garfield Weston Foundation - 25,000
Herts Community Foundation - Anglian Water - 5,000
Herts Community Foundation - Covid-19 fund - 5,000
Herts Community Foundation - large grant 5,000 -

continued...

Page 11

HOME-START HERTFORDSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2022

3. DONATIONS AND LEGACIES - continued

Herts County Council
Hitchin Youth Trust
Home - Start UK
Home-Start UK - Volant Charitable Trust
Home-Start UK - Pears Foundation
Julia and Hans Rausing Trust
Letchworth Garden City Heritage Foundation
Local councillor grants
NHS Herts Valley CCG
North Herts District Council
Pollards Trust
Shanly Foundation
St Albans District Council
St James Place Charitable Foundation
Stevenage Borough Council
Sylvia Adams Charitable Trust
Tesco (Groundwork UK)
The Childwick Trust
The National Lottery Community fund
Valiant Charitable Trust
Welwyn Hatfield Borough Council
Other grants
4.
OTHER TRADING ACTIVITIES
Fundraising events
Services/Trading		 6,773
5,063
3,997
21,111
9,711
-
12,425
22,700
-
24,770
5,000
-
24,560
2,500
9,670
-
1,625
-
-
10,000
11,258
502
221,818
31.3.22
£
78,063
409
78,472		 -
5,071
2,000
-
-
35,000
15,500
6,400
8,000
5,000
-
1,000
10,987
-
18,170
4,000
1,166
2,500
30,000
-
13,217
1,060
251,940
31.3.21
£
29,618
-
29,618

continued...

Page 12

HOME-START HERTFORDSHIRE

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

5. CHARITABLE ACTIVITIES COSTS

Home-Start Hertfordshire
6.
SUPPORT COSTS
Home-Start Hertfordshire
7.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 Direct
Costs
£
258,499		 Support
costs (see
note 6)
£
92,915
31.3.22
£
2,935		 Totals
£
351,414		 Totals
£
351,414
Other
£
92,915
31.3.21
£
142		 Other
£
92,915

8. 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.

9. 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		 31.3.22
£
238,293
10,453
9,753
258,499
31.3.22
17		 31.3.21
£
216,761
8,915
10,454
236,130
31.3.21
16

No employees received emoluments in excess of £60,000.

continued...

Page 13

HOME-START HERTFORDSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2022
10.
2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
95,318
Other trading activities
29,618
Other income
1,251
Total
126,187
EXPENDITURE ON
Charitable activities
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
11.
TANGIBLE FIXED ASSETS
COST
At 1 April 2021
Additions
At 31 March 2022
DEPRECIATION
At 1 April 2021
Charge for year
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
Restricted
Total
funds
funds
£
£
233,922
329,240
-
29,618
-
1,251
233,922
360,109
238,874
278,941
(4,952)
81,168
51,527
167,251
46,575
248,419
Computer
equipment
£
8,361
7,808
16,169
7,792
2,935
10,727
5,442
569		 Total
funds
£
329,240
29,618
1,251
360,109
278,941
81,168
167,251
248,419

continued...

Page 14

HOME-START HERTFORDSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2022

12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Accrued expenses
14.
MOVEMENT IN FUNDS
At 1.4.21
£
Unrestricted funds
General fund
201,844
Restricted funds
North Herts
4,489
St Albans
748
Stevenage
10,912
Welwyn Hatfield
-
Dacorum
352
East Herts
-
Herts County Council
-
Children in Need
17,234
VIG
1,571
Hitchin Youth Trust
2,691
Co-op
245
Garfield Weston
8,333
HCF-CFG
-
HSUK - Volant
-
HSUK - Pears
-
46,575
TOTAL FUNDS
248,419		 31.3.22
£
3,500
31.3.22
£
1,275
5,080
21,840
28,195
Net
movement
in funds
£
(3,747)
5,451
3,446
(9,325)
3,000
348
3,060
2,703
(17,234)
(1,571)
(160)
(245)
(8,333)
3,000
2,500
3,712
(9,648)
(13,395)		 31.3.21
£
-
31.3.21
£
1,836
4,236
11,438
17,510
At
31.3.22
£
198,097
9,940
4,194
1,587
3,000
700
3,060
2,703
-
-
2,531
-
-
3,000
2,500
3,712
36,927
235,024

continued...

Page 15

HOME-START HERTFORDSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2022

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
Welwyn Hatfield
Dacorum
East Herts
Herts County Council
Children in Need
Tesco
VIG
Hitchin Youth Trust
Co-op
Garfield Weston
HCF-CFG
HSUK-JLP
HSUK - Volant
HSUK - Pears
One Stop Shop
St James Place
TOTAL FUNDS		 Incoming
resources
£
180,867
42,195
28,400
4,000
16,258
2,700
6,200
6,203
250
1,625
-
5,063
2,303
-
5,000
3,333
21,111
9,711
300
2,500
157,152
338,019		 Resources
Movement
expended
in funds
£
£
(184,614)
(3,747)
(36,744)
5,451
(24,954)
3,446
(13,325)
(9,325)
(13,258)
3,000
(2,352)
348
(3,140)
3,060
(3,500)
2,703
(17,484)
(17,234)
(1,625)
-
(1,571)
(1,571)
(5,223)
(160)
(2,548)
(245)
(8,333)
(8,333)
(2,000)
3,000
(3,333)
-
(18,611)
2,500
(5,999)
3,712
(300)
-
(2,500)
-
(166,800)
(9,648)
(351,414)
(13,395)

continued...

Page 16

HOME-START HERTFORDSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2022

14. MOVEMENT IN FUNDS - continued

Comparatives for 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 2022

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
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

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.

Awards for All - To fund a project to develop and implement a strategic plan for a countrywide role out of the perinatal mental health project.

Bedfordshire & Luton Community Foundation - To support families through home visiting support in North Herts, St Albans and Dacorum.

Children in Need - To fund six family groups across Hertfordshire.

Co-op - To train family mentors and support families through home-visiting in Stevenage and North Herts.

continued...

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HOME-START HERTFORDSHIRE

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

14. MOVEMENT IN FUNDS - continued

Dacorum - To support families through home-visiting in the district of Dacorum.

East Herts - To support families through home-visiting and family group in East Hertfordshire

Garfield Western Foundation - To assist Home-Start Herts' stabilisation and recovery through the Covid-19 crisis, as per the charity's growth plan.

Herts Community Foundation - Covid-19 - To provide phone support for families experiencing poor mental health, isolation and financial problems because of Covid-19.

Herts Community Foundation - Anglian Water - To support families through home visiting in areas of high deprivation in North Herts.

Herts Community Foundation - Cheshunt Family Group - To support families at Cheshunt family group.

Herts Community Foundation - CRM - To implement a Customer Relationship Management (CRM) system to allow more effective and efficient use of the charity's time and resources.

Herts County Council - To support families with household support grants, and to run Feeling Good Week at family groups.

Herts Valley CCG - To support families through remote or home visiting focussing on mental health needs in St Albans, Dacorum and Harpenden.

Hitchin Youth Trust - To support families at Hitchin family group.

Home-Start UK (John Lewis Partnership) - To enable access to technology to support families.

Home-Start UK (Volant Charitable Trust) - To run a pilot wellbeing project for families.

Home-Start UK (Pears Foundation) - To enable reconnection with families and community.

Julia and Hans Rausing Trust - To assist the sustainability and resilience of Home-Start Herts to continue delivering its core work.

North Herts - To support families through home-visiting and family group, and to run food and nutrition sessions at family groups in North Hertfordshire.

One Stop Shop - To train a home visiting volunteer in Hitchin.

St Albans - To support families through home-visiting and family group, and with household support grants in the district of St Albans.

St James Place - To fund IT equipment.

Stevenage - To support families through home-visiting and with household support grants in the district of Stevenage.

Sylvia Adams - To create and evaluate a specialist perinatal mental health project supporting parents and families vulnerable to perinatal depression in Stevenage and Hemel Hempstead.

continued...

Page 19

HOME-START HERTFORDSHIRE

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

14. MOVEMENT IN FUNDS - continued

Tesco - To support families through home-visiting.

TNL Community Fund - To deliver activities specifically aimed to support communities and to overcome any immediate liquidity or staffing issues caused by the Covid-19 crisis.

VIG - To train staff to use Video Interactive Guidance (VIG) to support parents to improve their interaction with children.

Welwyn Hatfield - To support families through home-visiting and family group in the District of Welwyn Hatfield.

15. RELATED PARTY DISCLOSURES

The key management personnel of the charity who are remunerated comprise the CEO (for 2022 only), the Operations Manager and the Strategy Manager. The total employee benefits of the key management personnel of the charity were £86,000 (2021:£65,045).

Page 20