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2022-09-30-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] SEPTEMBER 2022

HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

CHARITY REGISTRATION NUMBER 1185280

Independent Examiners

Beeston Clarke Accountants Chartered Certified Accountants 242 Leicester Road Markfield Leics LE67 9RG

HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

CONTENTS

Page 3 Legal and Administrative Information

Page 4 - 8 Trustees’ Report

Page 9 Independent Examiners Report to the Trustees

Page 10 Statement of Receipts and Payments Page 11 Statement of Assets and Liabilities Page 12 - 16 Notes to the accounts

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER

1185280

START OF FINANCIAL YEAR

END OF FINANCIAL YEAR

01 October 2021 30 September 2022

TRUSTEES AT 30 SEPTEMBER 2022 Deirdre Edwards (Chair) Linda Griffiths Alison Purchon - Resigned 31.10.21 Selina Kermode Peter Botsoe - Resigned 13.03.22 Alexandra Anderson Susan Saunders - appointed 11.02.22 Max Helmore – appointed 13.10.22

The existing trustees appoint any new trustees following the provisions laid out in the Charity’s governing instrument

GOVERNING INSTRUMENT CIO – FOUNDATION Registered 12[th] September 2019

CHARITY OBJECTS

  1. To safeguard, protect and preserve the good health, both physical and mental of children and parents of children

  2. To prevent cruelty to or maltreatment of children

  3. To relieve sickness, poverty and need amongst children and parents of children

  4. To promote the education of the public in better standards of childcare within the area of South Warwickshire and its environs

CORRESPONDENCE ADDRESS

St Peter’s Church Centre Church Street Wellesbourne CV35 9LS

PRIMARY BANKERS

Barclays Bank PLC Milton Keynes 2 Leicestershire LE87 2BB

INDEPENDENT EXAMINER

Stephanie Beeston-Clarke FCCA Beeston Clarke Accountants 242 Leicester Road Markfield Leics LE67 9RG

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HOME-START SOUTH WARWICKSHIRE

(CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT FOR THE YEAR ENDED 30[TH] SEPTEMBER 2022

Annual Report from the Chair of Trustees - Deirdre Edwards

We embraced 2022, with vigour, and determination to continue building and developing our strategic plans for the growth and safe delivery of services to support vulnerable families in South Warwickshire.

At the start of 2022 we welcomed Ted Tuthill to the new role of Operations Manager - with extensive experience in the Charity sector, Ted has utilised this knowledge and expertise to assist us in the next phase of our development. Streamlining procedures to enhance delivery of the services we provide; his encouragement and guidance has seen clarity for all. Recruitment has been key this year to support growth areas and avoid key workers being overstretched and at risk of burnout.

HSSW have encompassed the perinatal period, with the introduction of the Bump-Start programme in areas of Leamington Spa. An initiative introduced and implemented by HSSW visionary Marie Ashford, it is known that support during pregnancy and early intervention to families in the perinatal period engenders confidence and enhances parenting skills, thereby preventing feelings of isolation and early signs of inadequacies and depression. This early intervention and the launch of our Dad Matters programme aims to guide and elevate parenting skills and parental self-awareness at a much earlier stage.

With support in place for families to develop their own parenting skills, one-to-one support continues alongside a variety of groups on offer. Encouraging progression from one-to-one support to join groups knowing that the friendship and non-judgemental guidance continues.

Identification and more effective utilisation of our Risk Management Register has enabled better communication and transparency for actions by all parties. The office space has been successful in providing central administration and communication for everyone. The diversity and strength of the board of trustees and willingness to help, has seen first-hand support to the Operations team when requested.

Recruitment and training of volunteers continues to be a critical component to the safe delivery of the services we provide. Retaining volunteers through the upcoming financial challenges will be a priority. A successful Car Rally and Pop-up nightclubs have heightened our profile and strengthened ties within the community. Ongoing funding applications, with community and corporate fundraising strategies in place, will underpin our growth and development for the year ahead and beyond.

In summary a year of growth, development and assimilation with a keen awareness of our core ideals; with a strong governance, policies and procedures are assured. Reflection provided identification of important growth areas; including development of PEEP, Dads Matters, and perinatal groups whilst underpinning and supporting key personnel.

We are grateful to our benefactors past and present who have shown their confidence in our progress, and continued confidence in us for the future.

A huge thank you to our volunteers whose efforts contribute to the ongoing success of our goals. Whether behind the scenes or visiting families, thank you for your contribution to helping families when they need it most. To my fellow trustees, working behind the scenes with integrity and kindness, delivering strong governance, direction and financial stability, thank you.

Our Staff both in Operations and Administration roles, all are vital to our strength and delivery, your input has been invaluable and immeasurable. Considerable change with new staff, new posts and changing responsibilities, you have all embraced these changes and developments.

Together we have made a difference

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HOME-START SOUTH WARWICKSHIRE

(CHARITABLE INCORPORATED ORGANISATION) TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30[TH] SEPTEMBER 2022

Annual Report from the Operations Manager- Ted Tuthill

Now entering our third year of operations, last year found us well placed to consolidate the progress that had been made in the preceding two years. Having successfully navigated the various Covid lockdowns and with a core staff and a committed team of volunteers in place Home-Start South Warwickshire has been able to strengthen its operational systems, increase the number of families it supports while refining and deepening the services that it provides.

Our one-to-one home visiting service undertaken by our community volunteers remains a central pillar of our support to the families we support. We continue to see how important this person-to-person interaction is in providing the emotional and practical support the parents of young children need in South Warwickshire. The toll of the pandemic and the anxiety of the encroaching cost of living crisis has affected everyone and for those without existing safety nets and reduced resiliency the demands of parenting can be overwhelming. Our volunteers supported 105 families last year, undertaking 561 home visits to provide whatever support they needed as parents to give their children the best possible start to life.

Recognising that not all families require the type of comprehensive support provided by a Home-Start Volunteer, we piloted early childhood development groups using the accredited PEEP Learning together Programme and a domestic abuse support group (Freedom Programme). With the pilots demonstrating impact for the mothers who attended we were able to establish a regular cycle of PEEP and Freedom Programme groups which allows us to reach more mothers with educational and mental health support beyond our home-visiting service. With Mel our Speech and Language Coordinator (SALT) facilitating the PEEP sessions, parents are able to receive support for and guidance on speech and language development issues. Thanks to the support of the George Cadbury Foundation, we were able to recruit a Group Coordinator who has been able to coordinate and develop these.

In March we received funding from the WCC Social Impact Fund to pilot our 'Bump-Start Programme' which provides targeted support through groups and volunteer support to soon to be parents and parents in the perinatal period. Managed by Marie Ashford the programme aimed to support midwives and health visitors in Warwick and Leamington to provide antenatal and postnatal guidance and advice and to link parents with Home-Start volunteers who could support them through the first critical 1001 days. The intentional focus on supporting parents as early as possible in their child’s development is a key driver for us as it will allow problems to be addressed early and solutions or pathways engaged as early as possible. The Bump-Start pilot has not only already demonstrated the positive impact it has had on new parents but also how it can ease the burden and strain on health visitors who, like many in the sector, are facing increasingly challenging times.

We are also very excited to have been able to partner with Barnardos, By Your Side and the Parenting Project on the Dad Matters Warwickshire project. Dad Matters aims to reach out to fathers in the perinatal period and help improve their engagement in the early stages of their child’s life increasing their understanding of the importance of attachment and bonding and building confidence in their role as parents which can improve the family environment directly impacting the wellbeing of the child and the mother. This pilot project works with perinatal health professionals to undertake outreach to fathers during pregnancy and the first 1001 days and link them to dad volunteers and community resources to help address the questions they might have and provide support during the challenging early years.

The backbone of our core services and our presence in the communities we serve is reliant upon our volunteers who continue to generously donate their time, energy and wisdom to support Home-Start parents. Recruitment continues on a rolling basis, and we are lucky to have been able to recruit an additional 36 volunteers this year. With each volunteer undergoing comprehensive induction training considerable effort goes into ensuring we properly prepare and support our volunteers who can find themselves in complex situations dealing with personal and sensitive family issues. With the whole voluntary sector experiencing challenges in attracting and retaining volunteers we are acutely aware of how lucky we are to have the volunteers we do. Our focus on recruiting, training and supporting remains a key priority for us as an organisation.

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HOME-START SOUTH WARWICKSHIRE

(CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT (CONTINUED)

With the increase in demand for our services the team has grown from 5 roles to 11 (2.5 FTE to 6.7 FTE) over the last 12 months. This has included the expansion of the Family Support Team to include another part-time Family & Volunteer Coordinator as well as the addition of: a Groups Coordinator, Bump-Start Programme Manager, Dad Matters Coordinator and an Office Manager. Roles have been moved to a fully employed basis instead of self-employed upon renewal of contract to provide job security and build sustainability for the future.

The increase to our service provision and the accompanying expansion of resources to deliver them has been possible due to the continued and ongoing fundraising efforts. This past year we were successful in securing multi-year core costs funding from The National Lottery Community Fund and the Henry Smith Foundation which provides a steady platform to build on. We are also grateful for the continued support from Warwickshire County Council and the number of individual trusts and foundations, detailed later who have supported us. This summer also saw us launch our “Big Summer Play Date” fundraising campaign which we plan to repeat in the following years. As we continue to build awareness of Home-Start’s services in the community we will seek to increase our community fundraising efforts to engage those in the communities we serve.

During this year we have also been able to embed the systems that underpin the effective governance of the organisation and ensure accountability to our service users, volunteers, staff and supporters. This has included the engagement of Charity Log as our CRM system allowing us to monitor all aspects of our family and volunteer support. Xero and Breathe software packages have allowed us to strengthen our accounting and HR processes respectively. Towards the end of the year the Family Support Team completed training for the Early Years Family Outcome Star which will be utilised to consistently measure the impact our services are having on our families. The effort and time invested to adopt and integrate these new systems is substantial, but we believe it is worth it to provide solid foundations for the day to day running of the team.

As we look to the coming year, we see a number of challenges we will face as an organisation; the demand for our services continues to outstrip our ability to meet those needs. Last year we received 86 referrals but were only able to recruit 36 volunteers. In May we communicated to those agencies who had been referring to us that we could not receive any referrals for our one-to-one services until those families on our waiting list had been supported. With a volunteer spending on average 14 months supporting a family we will continue to face the challenge of engaging new volunteers to meet that demand. We continue to look for alternative ways to support those families we can’t support with a volunteer, be that through our groups, ad hoc practical support and proactive coordination with other service providers.

I am immensely proud of how the team has taken on the challenge of increasing service provision and consolidating the progress that had been made during Home-Start South Warwickshire’s first 2 years of operation. With the support of the Board of Trustees, continued efforts by staff and the tireless spirit of our volunteers, we are optimistic that Home-Start South Warwickshire is well placed to continue its mission to ensure that every child in South Warwickshire gets the best possible start in life.

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT (CONTINUED)

Financial Report - Selina Kermode, Treasurer

As we complete our third year of operation we reflect back on another successful financial year.

For the third year running, we increased our income, generating £178,152 (2021: £115,963) up just over 53%, the majority of funds coming from Grants, Trusts and Foundations. We also secured our first multi-year support from The National Lottery Community Fund and The Henry Smith Charity.

Expenditure also increased some 75% to £146,683 (2021: £83,993) as we adapted to meet the surge in demand for support. Despite this rise in expenditure, we were able to maintain a year-end surplus of £31,469, on a par with last year.

70% of our funding came in the form of restricted grants, a significant increase on last year (43%). We are very grateful for the ongoing support from our local Councils and County Councillors, the Stella Symons Trust, Robert and Felicity Waley-Cohen Trust, The 29th of May 1961 Charitable Trust and The Misses Barrie Charitable Trust.

Individual and Corporate donations totalled £12,870 rising over 40% thanks to the generous support of individuals, and organisations including Waitrose, Blackburn Chemicals, JNB Gymnastics and The Children’s Play Village.

Fundraising activities included Pop up Discos, a Scenic Car Rally through the Cotswolds and one of our Trustees completing the Two Castles Run - our sincere thanks go to Ally and Simon Purchon for their tireless fundraising efforts.

Growth in our staffing structure meant that salaries and other employment costs accounted for nearly 75% of overall expenditure. Following successful pilots last year, we now offer regular PEEP and Freedom Programme groups, with new projects in Bump-Start perinatal health and Dad Matters adding valuable breadth to our services. Spending on 1:1 counselling, funded by restricted grants, nearly doubled as statutory services remain oversubscribed. Volunteer recruitment and training costs quadrupled as we returned to face-to-face training delivery and increased the number of courses to attract volunteers.

Management and Administration costs reduced by 36% this year with our CRM system Charitylog now fully embedded into day-to-day activities. Whilst we have needed to purchase equipment for new staff, we have kept these costs to a minimum by buying refurbished items rather than new.

Fundraising costs fell by 67% as events were arranged by our fantastic fundraising supporters and only incurred minimal expense.

Governance costs increased 140% as our annual fee to HS UK, which is based on income levels, more than doubled.

We have ended the year in a strong financial position, with multi-year funding in place for the next few years and 67% of funding already in place for the next financial year.

Our long-term target for reserves is that they should cover approximately 6 months’ expenditure so that, in the event of an unexpected and abrupt drop in income, we would not have to discontinue support for existing families in a sudden and disruptive way. We currently hold a total of just over £35k in general funds, sufficient to cover just under 3 months of costs based on existing expenditure. We are re-visiting our fundraising strategy to not only ensure it meets the financial challenges that the current economic uncertainty will undoubtedly bring but to also increase our individual, corporate and community fundraising to provide the necessary unrestricted funds to bolster our reserves.

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION) TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 30- SEiyfEMBER 2022 srATEMENf OF TRusfEE'S RESPONSIBILITIES ThetTuttees are responslble for preparfn8 theTrurtee< Annual RÈport and the financial stateffents In 3¢cordance wlth applicable law anil United KinBdorn Ac£tyJnting Stsndards (United Kingdorn Generally Accewed Accounting Pratticel. The lawapplicable to chartts in England & Waks wuire5 the tntstees to prepare financlal statements foT each flnanclal year which gwe a true and fair view of the state of affBirs of the chartty and of the incoming resources and application of re50ur¢es of the charity forthat Pe￿tsd. In preparinethese financial stateThots, the tft￿3[e rwuired to: select SU￿able accountlng pollctes and then apply them cohslsttntly. ObSe￿¢the rnethod5 and principle5 in the Charit￿& SORP 2019 IFRS 1021.. make judgements and estimates thai are ￿asOnab￿ and prudent,. stste whether appli(Jble accounting standard5 have Eeen folloTAd, yJbiert to any mat•ri•l departures disclosed and explained in the finartcial statements." preparethe financial statementson the8oiThgconcem basi5unle55 ft is inappyoprlatetopresumethat the chartty WIU contlnue tn operntlorL The tnJxee5 are responslble for keeping proper ¥couniing records that disclose wlth reasonab￿ accuraty at any tlme the financlal )sition of the tharrty and enabk them to ensure that the financial 5taterrEnts cornply wrth the Charities Act 2011, the Char((ies (Accounts and Reports) Regulations 2008 and the provisions of the trust deed_ They are 3150 responsible for safeguarding the assets of the chanty and hence fortaknng reasonable #ep5forthe preVent￿n and delett￿Tr of fr￿d and other irregulartties. Declaration ThetnJstees declarÈthat they h3ve approved the trnstee< YEFK¥rt alTh. gned on behalf of the charfs trustee5 natur• Full narne Dierdre Ed¥a￿S Posrtion Chair

HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HOME-START SOUTH WARWICKSHIRE FOR YEAR ENDED 30 SEPTEMBER 2022

I report to the trustees on my examination of the accounts of Home-Start South Warwickshire for the year ended 30 September 2022, which are set out on pages 10 to 16.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts as required under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

(2) that accounts do not accord with those records; or

(3) that accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than the requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

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.

Stephanie Beeston-Clarke FCCA Beeston-Clarke Accountants Chartered Certified Accountants 242 Leicester Road Markfield Leiceste r LE67 9R G 16 January 2023

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

Unrestricted Restricted 30/09/22 30/09/21
Funds Funds Total Total
NOTES £ £ £ £
INCOME
Grants, Trusts and Foundations 2a 36,854 123,094 159,948 98,466
Donations 2b 12,870 - 12,870 8,783
Fundraising Activities 2c 5,334 - 5,334 8,714
TOTAL 55,058 123,094 178,152 115,963
EXPENDITURE
Cost of Charitable Activities 3a 56,946 78,438 135,384 69,724
Fundraising costs 3b 570 800 1,370 4,257
Management and Administration 3c 3,420 1,619 5,039 7,980
Governance Costs 3d 3,426 1,464 4,890 2,032
TOTAL 64,362 82,321 146,683 83,993
NET INCOME -9,304 40,773 31,469 31,970
NET MOVEMENT IN FUNDS -9,304 40,773 31,469 31,970
Transfer of funds - -
RECONCILIATION OF FUNDS:
Total Funds brought forward 44,451 17,157 61,608 29,638
TOTAL FUNDS CARRIED FORWARD 35,147 57,930 93,077 61,608

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION) STATEME1￿ OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022 20211 Total 2020121 Total Cash funds.. Cash at bank 93,077 61.6 The fvnds of the Chwity General Funds Restricted funds 35.147 57.930 44.451 17.157 93,077 61.608 ASSFf5 Debtor5 483 UABIUnES Rent 150 Salaries 5.453 PAYE. Nl and Pension Staff training and developrnent Fundréisin8 Costs Freedom transport C05rs Room Hire- Bump Start l..1 counselling Volunteer training and devebpment Independent &Kaminer's fee Staff expenses Volunteer expense5 2C*) 274 249 162 I,(￿2 756 124 334 3.641 6.797 TRUSTEES RESPONSIBI￿lEs IN RELATION TO FINANCIAL STATEMENTS Charity Law reouires the trustees to prepare finontial statements for each financial year which compfy with the regulations set out in the Charities Act 2011. The trustees have elected to take advantage of the provisions Ihat apply to sm811 charities and have prepared a Receipts and Payments Account and Statemeni of Assets and tsatsililies wttich afe set our on pages 10 and 11. leLI.za.__.--.~.---. The r￿eIptS & payments accounTS were approved by Trust￿ oft......... . And were s￿ned on ther behalf by.. Oeirdre Edwar(Js Chair li

HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

1. BASIS OF ACCOUNTING

The accounts have been prepared under the 'Receipts and Payments' basis as prescribed by the Charity Commissioners and they meet the appropriate legal requirements.

2. INCOMING RESOURCES

2. INCOMING RESOURCES
Unrestricted Restricted 30/09/22 30/09/2021
a) GRANTS, TRUSTS AND FOUNDATIONS Funds Funds Total Total
£ £ £
Stella Symons Trust 8,000 - 8,000 8,000
Garfield Weston 8,000 - 8,000 -
Kelly Family Trust 5,000 - 5,000 -
Belron Ronnie Lubner Foundation 4,269 - 4,269 -
Masonic Charitable Foundation 4,085 - 4,085 -
The 29th May 1961 Charitable Trust 4,000 - 4,000 4,000
The Misses Barrie Charitable Trust 1,500 - 1,500 2,250
Claverdon Fields Foundation 1,000 - 1,000 -
Woodward Trust 1,000 - 1,000 -
WCC Social Impact Fund - 28,140 28,140 -
National Lottery Community Fund - 20,229 20,229 -
The Henry Smith Charity - 17,500 17,500 -
George Cadbury Trust - 16,800 16,800 -
Robert and Felicity Waley-Cohen Charitable
-
Trust 14,361 14,361 7,875
Western Power Distribution - 9,911 9,911 -
WCC Mental Health and Resilience Fund - 6,850 6,850 -
Warwickshire CC County Councillors fund - 6,745 6,745 5,195
The Wigley Group - 1,108 1,108 -
DCMS Pears / Home-Start UK - 800 800 11,200
Comic Relief - 400 400 3,600
Midcounties Co-op Community fund - 250 250 -
William Cadbury Trust - - - 20,000
Postcode Neighbourhood Trust - - - 10,175
DCMS / Home-Start Covid 19 Loneliness Fund - - - 5,000
Stratford Town Trust - - - 4,700
Brook Trust (HS UK) - - - 4,000
John Lewis Partnership / Home-Start UK - - - 3,990
Dumbreck Charity - - - 2,000
Michael Marsh Trust - - - 2,000
Wilmcote Charitrust - - - 1,000

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022

2. INCOMING RESOURCES (continued)

a) GRANTS, TRUSTS AND FOUNDATIONS Unrestricted Restricted 30/09/22 30/09/2021
Funds Funds Total Total
£ £ £
Persimmon Homes - - - 1,000
Arnold Clark Community Fund - - - 1,000
John Lewis Partnership / Home-Start UK - - - 731
Warburtons - - - 400
Michael and Anna Wix Charitable Trust - - - 200
Blakemore Foundation - - - 150
36,854 123,094 159,948 98,466
b) DONATIONS
Individual giving 7,344 - 7,344 2,106
Corporate giving 5,526 - 5,526 6,677
12,870 - 12,870 8,783
c) FUNDRAISING ACTIVITIES
Fundraising events and Initiatives 5,334 - 5,334 8,714
5,334 - 5,334 8,714
Grand Total 55,058 123,094 178,152 115,963

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022

Unrestricted Restricted 30/09/22 30/09/2021
3. RESOURCES EXPENDED Notes Funds Funds Total Total
a) Charitable Activities Costs £ £ £ £
Salaries 45,442 49,782 95,224 56,757
Pension costs 3,416 607 4,023 -
National Insurance 1,896 872 2,768
PAYE 4,020 3,428 7,448 -
Payroll costs 314 - 314 -
Staff expenses 543 2,193 2,736 1,770
Staff training and development 254 1,548 1,802 1,273
Volunteer expenses 124 3,552 3,676 3,475
Volunteer recruitment, training and
development 60 1,309 1,369 360
Recruitment costs 90 - 90 158
Direct family support 478 - 478 2,969
Group work - PEEP - 476 476 82
Group work - Freedom Programme - 1,487 1,487 -
Speech and Language support 60 95 155 -
Toy Library - 529 529 -
Dad Matters 249 3,900 4,149 -
Bump-Start perinatal project - 895 895 -
1:1 counselling - 7,765 7,765 2,880
56,946 78,438 135,384 69,724
b) Fundraising Costs
Marketing 306 - 306 -
Fundraising costs 264 800 1,064 4,257
570 800 1,370 4,257
c) Management and Administration
Office costs - postage, printing, stationery 501 72 573 328
IT - software subscriptions and costs 631 198 829 3,614
Insurances 473 316 789 909
Bank charges 256 - 256 54
Premises - rent 1,025 255 1,280 150
Evaluation 444 150 594 -
Equipment 90 628 718 2,925
3,420 1,619 5,039 7,980
d) Governance Costs
Independent Examiners Fee 600 - 600 360
Trustee costs 110 - 110 -
Annual fees (HS UK and ICO) 2,716 1,464 4,180 1,672
3,426 1,464 4,890 2,032
Grand Total 64,362 82,321 146,683 83,993

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022

4. FUNDS

4. FUNDS
Balance Balance at
01-Oct-2021 Income Expenditure Transfers 30.09.22
Restricted Funds £ £ £ £
Postcode Neighbourhood Trust 3,412 3,412 - -
Robert and Felicity Waley-Cohen Charitable Trust 1,320 14,361 13,246 - 2,435
DCMS / Home-Start Covid 19 Loneliness Fund 480 480 - -
Blakemore Foundation 150 150 - -
Brooke Trust (HS UK) 4,000 4,000 - -
Warburtons 400 400 - -
Councillors Barker, Fradgley, O'Donnell, Pemberton, Rolfe and
Sinclair 5,195 5,195 - -
Michael Marsh Trust 2,000 2,000 - -
Michael and Anna Wix Charitable Trust 200 200 - -
WCC Mental Wellbeing and Resilience fund - 6,850 6,850 - -
Comic Relief - 400 400 - -
HS UK recovery and resilience fund - 800 800 - -
Mid Counties Co-op Community Fund - 250 9 - 241
Social Impact Fund - Bump Start Perinatal project - 28,140 8,582 - 19,558
WCC County Councillors Fund 2021/2 Councillor Sarah Millar - 1,165 714 - 451
National Lottery - 20,229 18,611 - 1,618
Wigley Group - 1,108 1,108 - 0
Western Power Distribution - 9,911 1,250 - 8,661
Henry Smith - 17,500 8,921 - 8,579
George Cadbury Fund - 16,800 4,416 - 12,384
WCC County Councillors Fund 2022/3 Councillor Sarah Millar - 3,580 954 - 2,626
WCC County Councillors Fund 2022/3 Councillor Kate Rolfe - 2,000 624 - 1,376
17,157 123,094 82,321 0 57,930
Unrestricted Funds 44,451 55,058 64,362 0 35,147

5. PAYMENTS TO TRUSTEES

No payments were made to trustees, or any persons concerned with them during this financial period. No other material transaction took place between the organisation and a trustee, or any person connected with them.

6. RISK ASSESSMENT

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

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HOME-START SOUTH WARWICKSHIRE (CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022

7. RESERVES POLICY

The trustees have considered the level of reserves they wish to retain, appropriate to the charity’s needs. This is based on the charity’s size and level of financial commitments. To ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure, it is the aim of the trustees that 6 months’ running costs are to be held in reserve. The trustees will endeavour not to set aside funds unnecessarily.

8. PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the trustee’s report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

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