HOME-START BIRMINGHAM CONSORTIUM (A Company Limited by Guarantee) Report and Financial Statements Period ended: 31 March 2024 Charity No: 1170607 Company No: 9734591 Reglstered Office: The Sanctuary Tangmere Drive Birmingham B35 7PX Tel: 0121747 4631 Contents
Home-start Birmingham Consortium Legal and administrative information Report of the Trustees statement of Financial Activity Balance Sheet Notes to the Financial Statements Independent Examiner's Report
Home-start Birmingham Consortium Legal and Administrative Information Status Home-slart Bimiingham Consortium was incorporated as a company limited by guarantee and not having a share capital under the Companies Act 1985 on 15" August 2015 and registered as a charity on 16 March 2016 The Company was established under a Memorandum of Association which estsblished the objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles, the members of the Trustee Board are elected al the Annual General Meeting. Trustees (Directors) The following served as Trustees and Direclors under company law during the year. Sheeba Eeswarmorthy Vivienne Miller ChaHene Carter-James Lesley Wiltshire Andrea Vaughan (Resigned Jan 2024) Neisa Reid The charitable company has no share capital and the members of the board of trustees have no interest in its surplus or assets and re1ve no remuneration. Appointment of Trustees Trustees are appointed al the Annual General Meeting and must consist of a minimum of 4 trustees and not more than 12 individuals. The trustees may co-opt any person duly qualified to be appointed as a trustee bul will only hold office until the next Annual General meeting. In accordance with the charitable company's Articles of Association, one third of the Trustees will rekn're by rolation and offer themselves for re-election at the Annual General Meeting. Registered Office and principal operating address The Sanctuary Tangmere Drive Birmingham B35 7PX Bankers Independent Examiner Sally Bateman 79 Witherford Way Selly Oak Birmingham B29 4AN Lloyds Bank 9, Birmingham Rd Sutton Coldfield B72 1QA
Home-start Birmingham Consortium Report of the Trustees for the period ended 31 March 2024 The Truslees present their report and examined financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORPI "Accounting and Reporting by Charities" {FRS 1021 in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies sel out in notes to the accounts and comply with the ch8rily's governing document, the Charities Act 2011 and Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK published 16 July 2014, as amended in Bulletin 1. Objects of the Charity to safeguard, protect and presetve the good health, both mental and physical of children and parents of children., to prevent cruelly to or maltreatment of children; to relieve sickness. poverty and need amongst children and parents of childr8n', to promote the education of the public in better standards of childcare. principally bul not exclusively
Home-start Birmingham Consortium The Trustees are responsible for preparing the Trustees, Annual Report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Practi). The law applicable to charities in England & Wales requires trustees lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and selected suitable accounling policies and apply them consislenlly., ObSee the methods and principles in the Charities SORP 2015 IFRS 1021; make judgements and eslimales that are reasonable and prudent., stale whether applicable accounting standards have been followed, subject to any material departures disclosed prepare the financial statements on the going concem basis unless it is inappropriate to presume the charity will continue The truslees are responsible for maintaining proper 8ccounling records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. The trustees 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. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by the Trustees on.. Signed on ils behalf by.. Sheeba Eeswaramoorthy Chair 5 | PagFL
Home-start Birmingham Consortium Statement of financial activities for the period onded 31st March 2024 Notes Unrastrlcted Deslgnated Restricted fund$ fund$ funds 2024 2024 Total funds Total funds 2023 2024 2024 Incoming Resources Donations, Fundraising, Gifts 2097 2097 2385 Grants & Contract funding 527.598 527,598 483,631 Reimbursementslmisc 230 230 503 Bank interest Total incoming resources 2097 230 527 598 529,925 486 519 Resources Expended Grants & Contract 514,856 514,856 526.165 Office & Promotional 4580 200 4021 8801 8628 Bank Charges 56 4580 200 518.877 523657 534.849 Net income for the year {24831 30 8721 6268 148,3301 Funds brought forward al 1.4.23 3650 12,051 15.701 64,031 Transfer of funds Total funds as al 31 st March 2024 1167 30 20,772 21,969 15,701 All activities derived from continuing activities. There are no recognized gains or losses or other movements in funds for the current period other than as slated in the Statement of Financial Activities.
Home-start Birmingham Consortium BALANCE SHEET as at 31st March 2024 2024 2024 2023 2023 Notes Current assets Debtors Cash in bank 21.969 15,701 21,969 15,701 Creditors Amounls falling due within one year Net current assets 21,969 15,701 Total assets less current liabilities 21,969 15,701 Funds Unrestricted funds Designated funds Restricted funds 1167 30 20772 3650 12,051 21.969 The directors have taken advantage of the Cornpanies Act 2006 in not having these accounts audited under Section 477111. No members have required the company lo obtain an audit of ils accounts for the year in question in accordance with section 476. The directors acknowledge their rgsponsibilili8s for ensuring Ihat the company keeps accounting records which comply with s38E and s387 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the stale of affairs of the company as al 31 March 2023 and of ils profil for the year then ended in accordance with the requirements of s396 and which comply with the requirements of the Act relab'ng to the accounts so far as applicable lo the company. These accounts have been prepared in accordance with the special provisions applicable lo companies subject to the small company's regime. Signed and approved on behalf of the board. Director.. Sheeba Ee ?* aramoorthy Accounting Policies
Home-start Birmingham Consortium (a) Basis of preparation The charity Gonstitutes a public benefit as defined by FRS 102. The financial statements have been prepared in accordance with 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 IFRS 102) issued on 16 July 2014 as amended by Bulletin 1, the Financial Reporting Standard applicable in the UK (FRS 1021, the Charities act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015. The fi'nancial statements are prepared on a going concern basis under the historic Gonvention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the Gharity and rounded to the nearest £. The significant policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otheiSe stated. (b) Company status The charity is a company limited by guarantee. The members of the company are drawn from individuals who have an interest in the work of the Organisation. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. (c} Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objective of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds thal have been set aside by the trustees for particular purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. (d) Incoming resources All incoming resources are included in the SOFA when Ihe charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. (e) Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Fund-raising costs are those incurred in seeking voluntary contributions. Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. Noles to the financial statement continued for the period ended 31.3.2024 21 Incoming Resources Unrestrlcted Deslgnated Restrlctad 2024 2024 2024 Total 2024 81Page
Home-start Birmingham Consortium DonalionslFundraisinglGifts Birmingham Forward Steps 2097 2097 527598 527598 Reimbursementslmisc 230 230 2097 230 527598 529925 31 Resources Expended Total 2024 Total 2023 Fundraising Costs Grants & Contracts Grants received previous yr 492 2472 Birmingham Fotward Steps 514364 514856 523693 526165 Office & Promotional Office Costs MedialPromotional cosls Accreditation External Costs 692 7909 200 8801 2350 6000 278 8628 Bank Charges 56 56 Trustees. remuneration None of the truslees have received any remuneration from the charity during the current period. 4) Debtors Prepayments Creditors Payments owed HOME-START 8SRMINGHAM CON SORTIUM IA Company Limited by Guarantee) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINERS, REPORTTO THE TRUSTEES OF HOME-START 81RMINGHAM TAMESIDE
Home-start Blrmlngham Consortlum I report to the charity trustees on my examination of the accounts for the year ended 31., March 2024 which are set out on the following pages. Responsibilities and basis of report As the charity trustees of the company land also its directors for the purpose of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Independent examiners, statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. 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 or the 2006 Act other than any requirement that the accounts give a 'a true and fair view, which 15 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 Standard applicable in the UK and Republic of Ireland IFRS 1021. 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. Sally Bateman 79, Witherford Way Selly Oak, Birmingham B29 4AN