+1ME
STIRT
Greenwich
Home-start Greenwich
Annual Report & Audited Accounts
1 April 2022- 31 March 2023
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Banker5 Meirg Bank. One 5outh8mplon Row. Lonoon WC185HA
Auditor5Simpson Wreford.WollesleyHouseDuk&ofWellingtnn Avenue, RoyalAr5EDal. iondon.51186SS
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|Kingsley Hyne, Chair||Appointed|3May 2022|
|---|---|---|---|
|Sonia Olsen||||
|Carolyn Herbert||||
|Sara Gorgoni||||
|Ana Bortolo||||
|Federica Franco||||
|Elizabeth Aderoju||Appointed|3 May 2022|
|Key Executive Personnel||||
|Leann Cross||Chief Executive Director||
|Joey Sheridan||Contracted|Finance Director|
|Mirela Siminiceanu||Deputy Director||
|Rachel Cope||Director of|Operations|
|John Egan||Director of|HR, People &Strategy|
|Resignations||||
|Michael Burgoyne|1|December 2022||
|Sara Poke|1|December 2022||
|Siobhan Smyth|1|December 2022||
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|Total staff|||||67|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Internal
promotions||and job reviews||||||||||||||
|Volunteers|moving|into|paid roles|||||||||||||
|Percentage|ofour staff||living in the Royal||60%|||||||||||
|Borough of|Greenwich||community|||||||||||||
|Engagement|survey|—organisational|||~|I make a difference.||||||||||
|statements|highlighting||areas ofstrength||~|My work has special||||meaning
and is not just ajob.||||||
||||||~|My contribution||to the cornrnunity.||||||||
||||||~|The level ofresponsibility
that
I have.||||||||||
|||||||Ifeel a sense ofpride||||in what
I achieve at work.||||||
||||||~|People are made||to|feel welcome when they join HSG.|||||||
|Turnover|||Research indicates sector turnover|||rate isat an average|of|||Turnover fluctuates between negligble to||above the sector||||
||||around
t'5%.|||||||average within the Erect up.||||||
||||Post&OVIO life and famgy dedsions
have impacted on||||||~|Tile traditmnal
In-house recruitment|has suggested|||snd supported||
||||turnover
in ag sectors.|||||||our use ofspedagst recrultem toboost the|||intake ofstsffthough|||
||||The cost of living arisis has impacted staff directly.|||||||this has come st aprice.||||||
||||EarlV yean (Ey)recruitment||snd shmtagm
Isa borough||iwde||~|staff sxpectatlons ofemployee value|pmpositlons|||(Evp) suggest||
|||||||||||that sffacthm commitment
may not be sufgcient orImportant|||||as|
||||Managerial
roles (exmnding||tocore and support service|||||own wegbalng or famgy raqulmments.||||||
||||roles) are challenging to|fEl.|||||~|The introduction
ofEyapprenticeships|snd||sponsored
long-term|||
||||The general chsgenge ofrecmhmenc
the expectatlon of|||||||development
forstaff is part ofour strategy|||to retain and grow|||
||||Rexiblefhybrtd
working,|balancing||part-time
and fug-time||||tslerit.||||||
||||employees,
and ingationary||pressures have created an|||||||||||
||||expectation ofbetter salary||and benefit reviews.|||||||||||
|Absence rates|||Offs data for human,
health||and social occupations: 4.2%|||||Absence rate is3.6%.||||||
||||||||||~|Our mntext isthat ofour staff are 96%female, with||||athird falling||
|||||||||||into the 50-69age group. This segment|typically has|||sickness||
|||||||||||absence rates whkh are about double|the national average.|||||
|Employee satisfaction||~|Thesodal care sector (Whldt hss a|||degree offit) trends the|||~|Our commitment
to Improving staff satisfaction comes fram mnning||||||
||||lowest snmngst lewis ofwnpfoyee|||mdsfacuon.||||an externagy managed staff.wide engagement|||sunmv|in 2022.||
|||~|Gallup rsseamh ln tlmug|indicates||chsgenger for sg sectors||in|~|We have a lienchmark
fmm our Initial 2022||survey and have||||
||||tenne ofemployee satisfaction.|||||||actloned a numberofintemsl
improvements|||to entry levd salades,|||
|||||||||||team development,
EEP'sand an ImPmved||EAP snd||Wegbelng||
|||||||||||offering,||||||
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|nancial statem|ents
ar|e|available
on reque|st or online via|the charities c|
|---|---|---|---|---|---|
|||||2022/2023|2021/2022|
|Income||||||
|RBG Childrens|Centre|Contract||1,895,961|3,294,007|
|Early Years Income||||597,831|570,857|
|Commissioned|Services||Income|19,008|19,008|
|Restricted
Fundraising||and grants||109,529|29,184|
|Unrestricted|Fundraising||and donations|15,279|50,437|
|Other Income||||31636|129,481|
|Total Income||||2,669,244|4,092,947|
|Staffing Costs||||1,906,825|2,037,570|
|Operating
Expenses||||566,158|2,137,465|
|Net profit||||196,261|-82,061|
|||||2022/2023|2021/2022|
|Reserves||||E256,417|E60,156|
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|Increase the representatives|and|Develop|and|embed the organi-|embed the organi-|Secure sustainability
for the Home-Start|Secure sustainability
for the Home-Start|Secure sustainability
for the Home-Start||
|---|---|---|---|---|---|---|---|---|---|
|:diversity ofthe trustee board||, sational strategy||||Greenwich
Volunteer Scheme||||
|1||||||||||
|Secure E100kofunrestricted||Continue|to|strengthen|areas of|Ensure the organisation
is best placed to||||
|funding
in 2023/2024||expertise|in|specialist areas||continue
delivering
early education||and||
|||||||Children's
Centre services||||
|Recognition
from HMRC in the||Increase the||charity's reserves to||Build
effective
partnerships,|steering||local|
|form ofgift aid||' the level|setout
in the||reserves|and
national
development|for|under-fives||
|||policy of|E800k by 2025|||support||||
|Diversify income streams and|se-|To embed effective systems
and||||Share our successes with wider stakeholders||||
|cure further funding||practice|to|develop|business|and funders||||
|||continuity||||||||
Home-start Greenwich
Year ended 31 March 2023
Audited Accounts
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||||Unrestricted|Unrestricted|||
|---|---|---|---|---|---|---|
|||Restricted|Designated|General|Yearto|Yearto|
|||Funds|Funds|Funds|31Mar 2023|31Mar 2022|
||Notes|E|E|E|E|E|
|Income from:|||||||
|Donations &legacies||58,604||12,336|70,940|55,437|
|Charitable
activities||50,925|2,493,792|51,115|2,595,832|3,981,952|
|Other trading activities||||2,943|2,943||
|Investments|||||||
|Other income||||4,080|4,080|55,585|
|Total income||109529|2493792|70474|2,673,795|4092974|
|Expenditure
on:|||||||
|Charitable
activities|7|40,862|2,455,446||2,496,308|4,167,105|
|Other expenditure|7|||7,282|7,282|7,930|
|Total expenditure||40,862|2,455,446|7,282|2 503590|4,175,035|
|Net income/(expenditure)||68,667|38,346|63,192|170,205|(82,061)|
|Transfers between funds|||||||
|Net movements
in funds||68,667|38,346|63,192|170,205|(82,061)|
|Reconciliation
offunds|||||||
|Total funds brought forward||25,124||35,D32|60,156|142,217|
|Total funds carried forward|17|93,791|38,346|98,224|230,361|60,156|
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|||Note|2023|2022|
|---|---|---|---|---|
||||6|6|
|Fixed assets:|||||
|Tangible assets||12|33,748|37,990|
|Current assets:|||||
|Debtors||13|95,890|94,364|
|Cash at bank &in hand|||246,854|251,493|
||||342,744|345,857|
|Liabilities:|||||
|Creditors: Amounts|falling due within one year|14|146,131|323,691|
|Net current assets/(liabilities)|||196,613|22,166|
|Total assets less current liabilities|||230,361|60,156|
|Total net assets|||230,361|60,156|
|The funds ofthe charity||17|||
|Restricted income|funds||93,791|25,124|
|Designated
fund|||38,346||
|General funds|||98,224|35,032|
||||230,361|6O
56|
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||||||Statement o|fCashflows|||
|---|---|---|---|---|---|---|---|---|
||||||||Yearto|Yeerto|
||||||||31-Mar-23|31-Mar-22|
||||||||6|E|
|Cash flows from operating|activities:||||||||
|Net cash provided
by/(used|in) operating||activities Cash flows from investing|||activities:||192196|
|Cash flows from investing|activities:||||||||
|Interest income|||||||||
|Purchase of property,
plant|snd equipment||||||(22,384)|(11,395)|
|Sale of property,
plant and|equipment|||||||80,268|
|Net cash provided
by/ (used in) investing|||activities||||22,384)|(11,395)|
|Change
in cash snd cash equivalents||in the reporting|||period||(4,639)|(123,323)|
|Cash snd cash equivalents|at the beginning||of|the reporting period|||251,493|374,816|
|Totalcash
and cash equivalents
atthe end ofthe year|||||||246,854|251,493|
|Reconciiation ofcash flows from operating||||activities|||||
||||||||Yearto|Yearto|
||||||||31-Mer-23|31-Mar-22|
||||||||E|6|
|Net income (expenditure)
in the reporting|||pegod (as||per the statement offinancial activities)||170,205|(82,061)|
|Adjustments
for:|||||||||
|Depreciation
charges|||||||26,626|22,837|
|Dividends,
interest and rents from investments|||||||||
|(Increase)/decresse
in debtors|||||||(1,526)|(28,469)|
|Increase/(decreaselin
creditors|||||||(177,560)|(104,503)|
||||||||17,745|(192,196)|
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|2.INCONIE FROM DONA|TIONS|AND L|EGACIES|||||
|---|---|---|---|---|---|---|---|
|||||Restricted|Unrestncted|Yearto|Yearto|
|||||||31Mar 2023|31Mar 2022|
|||||||f|f|
|Donations|||||5,836|5,836|17,437|
|Grants received||||||||
|RBG-Small Grants Funding||||8,550||8,550||
|RBG-Winter Grants Scheme 2022||||9,000||9,000||
|RBG - Black History 365 Funding||||5,400||5,400||
|RBG - Innovation
Grant||||10,000||10,000||
|RBG - Warm Spaces Grant||||2,000||2,000||
|RBG —COVID-19|||||||25,000|
|R86 - Get digital scheme|||||||1,500|
|The Armed Forces - Army Covenant||Funding|Grant|23,654||23,654||
|8&QFoundation-
School House Project|||||||5,000|
|The Goldsmiths
Company|Charity||||6,500|6,500|6,500|
|||||58,604|12,336|70,940|55437|
##
|||||||Restdcted|Unrestdcted|Unrestricted|Yearto|Yearto|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Designated
E|General
E|31Mar 2023
f|31Mar 2022
f|
|Chrldren's
Centre Contract|||||||1,895,961||1,895,961|3,294,007|
|Creche Together for Two's|||||||335,701||M5,701|349,429|
|Stay &Play|||||||16,255||16,255|7,130|
|Early Years Pupil Premium|||||||2,448||2,448|6,932|
|Nursery|||||||243,427||243,427|207,366|
|RBG —Jubilee|Festival Fundmg|||||6,000|||6,000||
|South London|and Maudsley|NHS|Foundation||Trust|36,925|||36,925||
|Commissioned|Servrces|||||||19,008|19,008|19,008|
|Start-Well Trust - Mobilisstion||||||||32,107|32,107|73,896|
|Grants received|||||||||||
|Home-Start|UK -Volant Charitable|||Trust||8,000|||8,000||
|Home-Start|UK - Army Central Grant||||||||||
|Home-Start|UK -Super Charged||Communities|||||||10,194|
|Home-Start|UK - Pean Recovery &|||Resilience||||||10,000|
|Home Start|UK - Cadng for|families||||||||3,990|
|Other|||||||||||
|||||||50,925|2,493,792|51,115|2,595,832|3981952|
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|Restricted|Unrestricted||Year to|Yearto|
|---|---|---|---|---|
||||31Mar2023|31Mar2022|
|||E|E|E|
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||||||Restricted|Unrestricted|Yearto|Yearto|
|---|---|---|---|---|---|---|---|---|
||||||||31Mer 2023|31Mar 2022|
||||||||8|8|
|Coronavirus|Job-Retention||Scheme|||||46,005|
|Other income||||||3,520|3,320|9,580|
|Rent Received||||||560|560||
|||||||4,080|4,080|SS,SSS|
|7.1EXPENDITURE BYCOST CATEGORY|||||||||
|||||||Yearto||Yearto|
|||||Note|31Mar 2023||31Mar 2022||
|Charitable
activities|||||||||
|Staff costs|||||1,932,881|||2,037,570|
|Start-well trust||||||||1,599,766|
|Professional fees||||||125,313||140,644|
|Staff travel and||other expenses||||1,379||3,148|
|Staff training||||||17,030||8,353|
|Staff recruitment||||||4,856||1,033|
|Direct project|costs|||||19,596||3,304|
|Refreshments||||||14,956||16,573|
|Commissioned||services||||8,225||17,489|
|Outings, trips|&activity costs|||||4,754||9,046|
|Advertising||||||1,829||12,924|
|premises costs||||||90,523||74,637|
|Repairs, maintenance
&cleaning||||||126,329||104,115|
|Insurance||||||32,745||33,100|
|Events &meetings||||||3,053||772|
|Office costs||||||49,904||60,127|
|Computer costs||||||35,935||40,271|
|Other costs||||||374||18,604|
|Depreciation||||||26,626||22,837|
||||||2,496,308|||4,167,105|
|Other|||||||||
|Bank charges||||||3,322||3,970|
|Audit fees||||||3,960||3,960|
|||||||7,282||7,930|
|Total|||||2,503,590|||4,175,035|
##
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||||||||||||||||||Culdiwi'I|Culdiwi'I|Culdiwi'I|Culdiwi'I|cmitias|cmitias|cmitias|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||IGG|||||||||||||||||||||||bamlidd|Pbmslead|Total|||
|||||||||Scheme||Giaohha||canlwes||sglbgton|||Glyndon||||Mulgme||||plumcioft||pluestead||Thesbde||Nusenf|Nuns
31eanhgnu||||
|Coisltlcms|||||||SIB6|||||||||||||||||||||||||||5436||
|children' s carne|||||||178S?0||||331522||2?ssgs||2731el9||2?sse||||||213aM|||-|312,973||314,709||||Cd?TS37|||
|Stay G Play|||||||16255||||||||||||||||||||||||||In?55|||
|coimselnmd||Smwciw||||||29BNt|||||||||||||||||||||||||tsate|||
|Punaseis|gens||||||2043|||||||||||||||||||||||||||2,943||
|Iubdti! pitstiml||rtmdiiw|||||644NI|||||||||||||||||||||||||||sgsm||
|sauthlombn||and Maueley Nus|pouebtbn7msr||||36325||||||||||||||||||||||||||36B?5|||
|oeergens|||||||74104|||||||||||||||||||||||||||s,su||
|scott me Tinct. Iykimsalwn|||||||32307||||||||||||||||||||||||||32,107|||
|Odmchnonb|||||||4480|||||||||||||||||||||||||||ene||
|fimstiiiimt|Iiwoiiia|||||||||||||||||||||||||||||||||||
||||||||20|19|||331 22||V3||273|9|27|9fe|||||273||||31?.973||31 739||||737fs|||
|unpeetuusyusan||||||||||||||||||||||||||||||||||||
||||||||||||||||feihbn'sanbm|||||||||||||||||||||
||||8!6lief||||ledihled|Cbaral|Cebe.||||||||||||||||||||plumbed||sroolhs|IhdeTcelher|plmeal||Tel|
|||||Glee||I865cbee|6wnls|General|||Inwiha|cwdaes|||bgam||ndsn||Mullrwe||||plumcioh||plumbed||Theaade|TalelheibrTwos||T|erforbws|loiTwas|ewe||31lbwhi|
|AIMlmundeitalendiecth|||||6aua||auie||5ese||IN,141||97917||B7,324||13517|||16559|||838II7||71761||B9675||N,776||725e
41e3||B6,BI||ue|
|liippait tetb fNbdod|||||(GG,33||||177131||QNS||318B||45349||4234||||87e||8257||!SGI3||4588||13377||BPN4
13,%1||IBIN|||
|Total apauitm|||||||||ll'fief||251,189||120M||82,373||173B|||15 91|||Bl||N|544|I85396||5I,I53|||55OB|52|968||
|5 up poe||coeare a lb cab d to
ewh a||0|it 8y hwed an a pewtwage of lob|||lee i autre 4||total cuts iwumd are|||afair Ie pm|enbtl|on ofhead||ossa the|and|it|as|rem|uiceu pent||on|eath attidty.|||||||||||
|||8.NET|INCOMING RESOURCES FOR THE YEAR|||||||||||||||||||||||||||||||||
|||This isstated after «ha|||||rging/(crediting):|||||||||||||||||||||||||||||
||||||||||||||||||||||||Yearto||||||||Yearto|||||
|||||||||||||||||||||||31Mar|||2023||||||31Mar 2022|||||
||||||||||||||||||||||||||E|||||||E||||
|||Depreciation||||||||||||||||||||||26,626||||||||22,837||||
|||Operating|||lease rentals: land|||&buildings||||||||||||||||25,698||||||||36,473||||
|||Audit fees||||||||||||||||||||||3,960||||||||3,960||||
|||Accountancy,||||payroll and financial||||management||||||||||||||31,680||||||||55,851||||
|||9.STAFF COSTS||||||||||||||||||||||||||||||||||
|||Staff costs totalling 61,915,872were as follows:||||||||||||||||||||||||||||||||||
|||||||||||||||||||||||||veer co|||||||vearto|||||
|||||||||||||||||||||||31Mar|||2023||||||31Mar 2022|||||
||||||||||||||||||||||||||6|||||||6||||
|||Wages|and saiatias||||||||||||||||||||1,647,444||||||||1,755,646|||||
|||Social security||||costs|||||||||||||||||139,719||||||||141,259|||||
|||Pension costs|||||||||||||||||||||145,718||||||||140,665|||||
|||Redunda ncy costs||||||||||||||||||||||||||||||||||
||||||||||||||||||||||||1,932,881||||||||2,037,570|||||
|||Staff numbers||||||||||||||||||||||Vaarto|||||||vearto|||||
|||||||||||||||||||||||31Mar|||2023||||||31Mar 2022|||||
|||Ho masts|rt||—Core||||||||||||||||||||3|||||||3||||
|||Ho rnestart|||—Charitable||activities||||||||||||||||||66|||||||76||||
||||||||||||||||||||||||||69|||||||79||||
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|12.TANGIBLE FIXEDASSETS|||
|---|---|---|
|||Total|
|||f|
|Cost|||
|As at 1Apdl 2022||154,841|
|Additions||22,384|
|Disposals|||
|As at31March 2023||177,225|
|Accumulated
Depreciation|||
|Asat 1Apdl 2022||116,851|
|Charge forthe year||26,626|
|Eliminated
on disposal|||
|As at31March 2023||143,477|
|Net BookValue|||
|As at31March 2023||33,748|
|As at 31March 2022||37,990|
|13.DEBTORS|||
||Yearto|Yearto|
||31Mar 2023|31Mar 2022|
||f|f|
|Trade debtors|92,924|15,460|
|Accrued income||78,904|
|Prepayments
and other debtors|2,966||
||95,890|94,364|
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|||||Yearto|Yearto|
|---|---|---|---|---|---|
|||||31Mar 2023|31Mar 2022|
|||||E|E|
|Trade creditors||||64,630|312,303|
|Accrued|expenses|||3,960|3,960|
|Deferred|income|||43,425||
|Taxation|and social security costs|||24,485|102|
|Other creditors||||9,631|7,326|
|||||146,131|323,691|
|15.DEFERRED INCOME||||||
|||||Yearto|Yearto|
|||||31Mar 2023|31Mar 2022|
|||||6|E|
|Balance|atthe beginning ofthe year||||282,947|
|Amounts|released|to income earned from charitable|activities||(282,947)|
|Amounts|deferred|in the year||43,425||
|Balance|as the year end|||43,425||
|16. ANALYSIS OF NETASSETS BEIWEEN FUNDS|16. ANALYSIS OF NETASSETS BEIWEEN FUNDS||||
|---|---|---|---|---|
|||Tangible|Current||
|||Assets|assets/(Babgltles)|Total|
|Restricted funds|||68,667|68,667|
|Designated|funds||38,346|38,346|
|Unrestricted|funds|33,748|89,600|123,348|
|||33,748|196,613|230,361|
##
|17.ANALYSIS OF CHARITABLE FUNDS|17.ANALYSIS OF CHARITABLE FUNDS|17.ANALYSIS OF CHARITABLE FUNDS|17.ANALYSIS OF CHARITABLE FUNDS||||||
|---|---|---|---|---|---|---|---|---|
||||||Balance at|||Balance at|
||||||1Apr2022|Income|Expenditure|31March 2023|
||||||f|f|f|f|
|Unrestdcted
funds:|||||||||
|Generalfunds|||||35,032|70,474|(7,282)|98,224|
|Designated
funds||||||2,493,792|(2,455,446)|38,346|
||||||35,032|2,564,266|(2,462,728)|136,570|
|Restricted funds:|||||||||
|John Lewis Kitchen|||||10,194||(10,092)|102|
|School House Project|||||5,000|||5,000|
|Home-Start
Uk Funding|||||9,930||(9,420)|510|
|RBG - Small Grants|Funding|||||8,550|(750)|7,800|
|RBG - Winter Grants|Scheme|2022||||9,000|(3,594)|5,406|
|RBG - Black History|365 Funding|||||5,400|(1,509)|3,891|
|RBG - Innovation
Grant||||||10,000|(6,406)|3,594|
|RBG - Warm Spaces|Grant|||||2,000||2,000|
|RBG —Jubilee FestivalFunding||||||6,000|(1,909)|4,091|
|The Armed Forces - Army Covenant|||Funding|Grant||23,654|(1,006)|22,648|
|South London and Maudsley||NHS Foundation||Trust||36,925|(2,836)|34,089|
|Home-Start
UK - Volant Charitable|||Trust|||8,000|(3,340)|4,660|
||||||25,124|109,529|(40,862)|93,791|
|Total funds:|||||60,156|2,673,795|(2,503,590)|230,361|
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