ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 HOME-START SURREY CHARITY REGISTRATION No: 1154913 COMPANY REGISTRATION No: 8619881 Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham P018 8NF
HOME-START SURREY CONTENTS Page 3 Lal & Administrative Information Pages 4 to 7 DSrectors' Annual Report Page 6 Independent Examlnevs Report Page 7 ststement of Financial Activities Page 8 Balance Sheet Pages 9 to 14 Notes to the Flnancial Statements
HOME-START SURREY LEGAL AND ADMINISTRATIVE INFORMATION CHARITY NUMBER 1154913 COMPANY REGISTRATION NUMBER 8619881 DATE OF INCORPORATION 22nd July 2013 START OF FINANCIAL YEAR 1st Aprll 2020 END OF FINANCIAL YEAR 31st March 2021 TRUSTEES AT 31 MARCH 2020 L Kent H F Shanks E Scott - resigned 13 August 2020 V C William5 appointed 13 August 2D20 R M McGibbon J Bibby A Thompson B Thom45 S [n0nd OBJECTS The stated aims and objectives are the promotion of the efficienry and effectiveness of the Home-Start charltles In Surrey, in partlcular but not excluslvely by lal helplng wlth the erfectlve attalnment of reclplent charStSes objects,. and Ibl supporting the administration and infrastructure of the charities, in particular by co-ordinating bids and grant applications. REGISTERED ADDRESS Vernon House 28 West street Famham Surrey GU9 7DR. INDEPENDENT EXAMINER G W Schulz ACMA Independent Examiners Ltd Unit 2,The Broadfields Business Centre Dellin9 Lane B05ham P018 8NF
HOME-START SURREY TRUSTEES ANNUAL REPORT 31 MARCH 2021 Home-start Surrey is a registered charity, no 1154913, and a registered company limited by guarantee. no 08619881 (England and W8lesl. It is tontrollÈd by its goveming dotumènt, Memorandum and Artitles of Association. Its registered office 15 at Vernon House 28 West Stet Farnham SrY GLJ9 7DR. THE TRUSTEES The trustees, who are also directors for the purposes of the Cornpanie5 Act 2D06, are L Kent H F Shanks E Scott resigned 13 August 2020 V C Williams appointed 13 August 2020 R M McGibbon J Bibby A Thompson B Thomas S Limond STRucfuRE. GOVERNANCE AND MANAGEMENT Alms antl Objectlves The stated aims and objectlves are the promotlon of the efflciency and effectlveness of the Home-start tharitiÈs in Surrey, in particular but not Èxclusively by lal helping with the effective attainment of recipient charities objects,. and Ibl supporting the administration and infrastructure of the charities, in particular by co-ordinating bids and grant applications. Achievements Achievements in 2020-21.. the 8 local Home-starts continued to provide free, confidential and non- judgemental support by trained volunteers to farnilies with young children, by phone and video contact instead of home-visiting during the pandemic. Home-start Surrey receives funds from Surrey County Council and SrY HÈartlands Clinical Commissioning Group, and distributes them to the 8 sthemÈs. In addition to the normol sharing of news and good practice, Hoffle-stfjrt 5urrey has 5UPPQrted the schemes as they adapted their policies and procedure5 to the new situation, This report was approved by the trustees on 17 May 2021 and signed by.. Lisa Kent, Chair Moffle Start Surrey
HOME-START SURREY TRUSTEES ANNUAL REPORT 31 MARCH 2021 statement of Dltectors. Responslbllltles: The Directors are a150 responsible for rnaintaining 4dequate accounting records which di5c105e with reasonable accuracy at any tirne the financial position of the company anLI which are sufficient to show and explain the company's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made undÈr thÈ CharitiÈs Act. They are also responsible for safeguarding the assets of the company and hence for taking reagonable step5 for the prevention and detection of fraud and other Irregularities. In preparing these financial statetnent5, the trustees are required to.. select suitable accounting policies and then apply them consistentlyi b) make judgements and estimates that are reasonable and prudent,. prepare the financial statements on the going concern basis unless it is inappropriate to presurne that the charity will continue in business,. d) state whether applicable accounting standards and 5tatÈments of recomm&nded practice have been followed, subject to any tnaterial departures disclosed and explained in the financial staternents. The Directors are also responsible for the of the Directors. report, and the responsibility of the independent examlner In relatlon to the Directors, report Ss limlted to examSnlng the report and ensuring that on the face of thè report the are no intonsistencies with the figuffts disclosed in the financial statements. BASIS OF PREPARATION This report has been prepared in accordantt with the special provisions for small companie5 under Part 15 of the Companies Att 20D6. T approve the attached statement of financial activities and balance sheet for the year ended 31st Narch 2021 and conflrm that I have made available all Informatlon necessary for Sts preparation. Approved by the Directors on the Signed on their behalf by Director.............................................................................. Printed Name..
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS I report to the charity trustÈes on my examination of the accounts HOME-START SURREY for the year ended 31st MARCH 2021 set out on pages 7 to 14. Respective rÈspon$ibilitie$ of trustees and examiner As the charlty's Trustees of HOME-START 5URREY land also Its dlrertors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Att 2006 I'the 2006 Act'l. Having SatisfiÈd myself that thè accounts of HOME-5TART SURREY are noi rÈquired to be audited under Part 16 of the 2006 Act and are eligible for independent exatnination, I report in respect of my examinotion of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of thè 2011 Att. Respective rÈsponsibilitiÈs of TrustÈÈs and examiner Independent examlner's statement Slnce HOME-START SURREY'S gross Income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirrn that l arn qualified to undertake the exarnination because I am a rnernber of the Chartered Institute of Management Accountants, which is one of the listed bodies. T have completed my examination. I confSrm that no matters have come to my attentlon In connectlon wlth the examination giving me cause to believe.. l. accountlng records were not kept In respect of Home - Start Surrey as requlred by sectlon 386 of the 2006 Art,. 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 accordan with the methods and principles of the Statement of RetommÈnded Prartice for attounting and rÈporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, T have no concerns and have come across no other matters in connection with the examination to which attentlon should be dra¥vn in this report in order to enable a pmper understandlng of the accounts to be reached. G W Schulz ACMA Tndependent Examiners Ltd Unlt 2,The Broadfields Buslness Centre Delling Lane Bosham P018 8NF Slgned Date..
HOME-START SURREY STATEMENT OF FINANCIAL ACTIVITIES As at 31st March 2021 (Incorporating Intome & Expenditure Account) Unrestricted Restricted Funds Funds TOTAL 31.3.21 TOTAL 31.3.20 Notes INCOME AND ENDOWMENTS FROM: Donations & Legacies 282,704 282,704 324,996 TOTAL INCOME 282 704 282 704 324 996 EXPENDITURE ON: Charitable Artivitie5 282,677 282,677 322,825 Governance Costs 4b 1,974 1.974 893 TOTAL EXPENDITURE 284 651 323 718 NET INCOME/(EXPENDITURE) (1.947) {1.947} 1.278 Total Funds Brought Forward 12,659 12,659 11,381 TOTAL FUNDS CARRIED FORWARD Movements on all resèrves and all reco9nised gains and losses are shovén abovè. All of the organisation's operotions are classed as continuing. The notes on pages 9-14 form part of these flnancl81 statements.
HOME-START SURREY BALANCE SHEET As at 31st March 2021 Unrestrfcted Restricted Funds Funds Total Total 31-Ma21 31-Mar-20 Note Flxed Assets Tangible Assets Current Assets Cash at Bank & In Hand Debtors & Prepayments 11,192 11,192 13,139 Total Current Assets Creditors: amount5 due within one year 480 480 480 NET CURRENT ASSETS 10,712 10,712 12,659 TOTAL ASSETS less current Ilabllltles 10,712 10.712 12.659 Long Tertn Liabilitie5 NET ASS5 10,712 10.712 12.659 Funds of the Charlty General Funds Restrlcted Funds 10,712 10,712 12,659 Total Fund5 10,712 10,712 12.659 Dirertor5' Responsibilities For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities The members have not QUired the charity to obtain an audit of its accounts for the year in question in accordance with section 476 . and The directors acknowledge their responsibilities for complying with the requirements of the Art with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance wlth the provlsions applScable to companles subject to the small companies regitne. The flnanclal statements on pages 7 to 14 were approved by the Trustees, and authorised and slgned on their behalf by.. Approved by the Dlrectors on the Slgned on their behalf by Dlrertor............................................................................................................ Printed Name..
HOME-START SURREY NOTES TO THE FINANCIAL STATEMENTS As at 31st Marth 2021 I. ACCOUNTING POLICIES BJsi5 of Prep#ratitsn & A55essrnent of Going Conorn Basis of Preparation The financial statements have been prepared under the historical cost convention with Iterns recognised at cost or transactlon value unless otherwise stated in the relevant notes. The flnancial statements have been prepared in accordance with the Statement of Recornrnended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRSL021 (effective L January 20151- (Charities SORP- FR51021 and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRSL02. Assets and 113bilities are initially tognisÈd at historital tost unless othÈrwise stated in thÈ rÈlev8nt attounting policy notes. Assessment of Golng Concern Preparation of the accounts Ss on a goSng concern basls. The trustees conslder that there are no Mateal untÈrtainties èbout the Charity's ability to continue ès a going concern. Cash Flow Statement The company hès taken advantage of the exemptlon In Financial Reportlng Standard No I from the requirement to produce a cash flow statetnent. Incoming Resources Recognition of Incomlng Resources These are Included In the Statement of Financial Activities ISOFAI when.. the charity becomes entitled to the resources, the trustees are vlrtually certain they will receive the resources,. and the monetary value can be measured with sufflcient rellabillty Incomlng Resources wlth Related Expendlture Where incoming rÈsources have rÈlatÈd expenditure las with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. Grants and Donatlons Grant5 and Donations are only included in the SOFA when the charity has unconditional entitletnent to the resource5. Tax Reclalms on Donatlons and Glfts Incoming resour5 frorn tax reclaitn5 are included in the SOFA at the sarne time as the gift to which they relate. contrac&1 Income *nd Perforniante Related Grants This 15 only included in the SOFA once the related goods or 5er¥ices has been delivered. Gifts in Kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included In the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incorning resources when receivable. Donated Services and Facilities These are only included in Incoming resources Iwith an equivalent amount in resources expended) where the beneflt to the charity is reasonably quantlfiable, measurable and mateal. The value placed Dn these resources Is the Èstimated value to the ChatY of the service or facillty received. Volunteer Help The value of any voluntary help received is not included in the accounts but is described In the trustees. annuèl pOrt. Investn7ent Inrome This 15 included in the accounts when retrivable. Investn7ent Gains and Losses This Included any gain or loss on the sale of investments and any gain or loss resulting frorn revaluing Investments to market value at the end of the year.
HOME-START SURREY NOTES TO THE FINANCIAL STATEMENTS {contlnued) As at 31st March 2021 I. ACCOUNTING POLICIES (Contlnued) Expendlture and Llabllltles Llablllty Recognltlon Liabilities arÈ retognised as soon as thefft is a legal or constructive obligation committing the charity to pay out resourceg. Govern8nce Costs Include costs of the preparation ond exarnination of statvtory account5, the cost5 of the trustees, meetings and cost of any legal advice to trustees on govemance or constitutional matters. Grants with Performance Conditions Where the charity gives a grant with conditions for its payrnent being a specific level of service or output to be provided, such grants are only recognised In the SOFA once the recipient of the grant has provided the speclfied servlce or output. Grants Payable without Perf0rn7ance Conditions These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relatlng to 8 grant whlch remaln In control of the charlty. Support Costs Support costs include central funrtSons and have been allocated to actlvlty cost categories on a basls tonsistent with the use of thÈ sourc&s, e.g. allocéting property Costs by floor areas, or per tapital, staff costs by the time spent and other costs by their usage. Penslons The tharity operates a defined contribution pension scheme. Contributions are charg&d to the Statement of Financial Artivitie5 as they becotne payable in accordance with the ruleg of the scheme. Operating Leases Rent81 tharges payable under operating leases are charged on t straight line basis over the terms of the lease. Taxatioft The charity is exempt from tax on its charitable activitie5. Legal StJtUs the Charity The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charib/. 2. FIXED ASSETS The Charity held no fixed assets during this or the previous financial year. 10
HOME-START SURREY NOTES TO THE FINANCIAL STATEMENTS {contlnued) As ot 31$t M•r¢h 2021 3. INCOME AND ENDOWMENTS Unrestricted Restricted Funds Funds TOTAL TOTAL 31-Ma21 31-Ma20 a) Donatlons & Legacles Donations & Legacies SUrY Care Trust Surrey Heartlands CCG 26 200,892 81,786 26 200,892 81,786 281,727 43,269 282 704 282 704 324 996 4. EXPENDITURE Unrestricted RestrScted Funds Funds TOTAL TOTAL 31-Mar-21 31-Mar-20 a) Grants Payable to Scheme East Surrey Elmbridge Epsom, Ewell & Banstead Guildford Runnymede & Woking Spelthorne Surrey Heoth Waverley 20,936 27,492 34,130 43,441 64,150 37,197 19,108 36,222 20,936 27,492 34,130 43,441 64,150 37,197 19,108 36,222 39,942 48,730 33,400 48,546 46,902 33,980 30,364 40,961 282 677 182 677 322 825 b) Governance Costs Professionol Fee5 Independent Exarninerfs Fee other 1,352 480 142 1,352 480 142 480 413 893 The charitoble company provides gr4nt5 on 4 tnonthly basi5 to each of the eight Home-start organi5ation5 based In Surrey.
HOME-START SURREY NOTES TO THE FINANCIAL STATEMENTS {contlnued) As ot 31$t M•r¢h 2021 5. CASH AT BANK AND IN HAND Unrestricted Restricted Fund Fund Total Total 31-Ma21 31-Mar-20 Cash at Bank and in Hand 11,192 11,192 13,139 6. DEBTORS AND PREPAYMENTS Unrestricted Restricted Fund Fund Total Total 31-Ma21 31-Mar-20 Sundry Debtors 7. CREDITORS AND ACCRUALS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR Unrestricted Restricted Fund Fund Total Total 31-M821 31-Mar-20 Independent ExarDinerf5 Fee Sundry Creditors 480 480 480 480 480 8. CREDITORS AND ACCRUALS.. AMOUNTS FALUNG DUE IN MORE THAN ONE YEAR The Charlty held no long term Ilabilltles during thls or the prevlous flnancial year. 12
HOME-START SURREY NOTES TO THE FINANCIAL STATEMENTS {contlnued) A5 èt 31st Morch 2021 9. ANALYSIS OF NET ASSETS BWEEN FUNDS CURRENT FINANCIAL YEAR Unrestricted Restrirted Funds Funds TOTAL 2021 Net Current Assets 10,712 10,712 PREVIOUS FINANCIAL YEAR UnrestrittÈd Restritted Funds Funds TOTAL 1020 Net Current Ass&ts 12,659 12,659 10. RECONCILIATION OF MOVEMENT ON CApAL AND RESERVES The Company is Lirnited by Guarantee 1077687451 and is a Charity registered with the Charity Cammission 111482791 and does not have a Share capital and has no incorre subject to Corporation Tax, 2021 2020 Profit / Deficit for the financial year other Recognised Gains 11,9471 1,278 Balance Brought Forward 12,659 11,381 Closing Funds at 31st March 2021 13
HOME-START SURREY NOTES TO THE FINANCIAL STATEMENTS {continued) As at 31st March 2021 11. STAFF COSTS AND NUMBERS No staff were employed during this financial year nor the previous year. No trustee received emoluments in the range of £50,000 to £60,00012020'.Nonel. 12. DIRECTORS AND OTHER RELATED PARTY TRACSACTIONS No other payments were made to directors or any persons connected wlth them durlng the financial year. No other rnaterièl transaction took place between the charity ènd è trustee or any person connected with thern. 13. RISKASSESSMENT The Director5 actively review the major risk5 which the charity faces on a regular basis an(1 believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems tarried out on an annual basss will provlde sufflcl&nr resources In rhe event of adv&rse conditlons. The Direttor5 have also examined other operational and business ri5k5 which they ffjce 4nd confirtn thot they have established systems to rnitigate the significant risks. 14. RESERVES POLICY The Director5 have considered the level of regeThies they wish to retain, appropriate to the charity'5 need5. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpetted expenditure. The direttors will Èndeavour not to set aside funds unnÈcessarily. 15. PUBLIC BENEFIT The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for thÈ publit benefit. Details of how the charity has achievÈd thi5 are provided in the Trustees report. The Trustees confirrn that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 14