Charfty Registration No. NIC105850 Company registration number: N1054547 Home-start Armagh & Dungannon Company limited by guarantee Unaudited financial statements 31 March 2023
Home-stsrt Annagh & Dungannon Company Limited by guarantee Company infom)ation Directors Elizabeth Devlin Mary Donnelly Lewis Gribben Audrey Kellett Margaret Kilpatrick Donna Morris Heather Smith Brenda Curiey Company number N1054547 Registered office 46 The Square Moy Co Tyrone BT717SG Buslness address 46 The Square Moy Co Tyrone BT717SG Bankers Danske Bank 6 Market Square Dungannon Co Tyrone BT70 1AB Sollcltors Millar Shearer Black Solicitors 9 Georges Street Dungannon Co Tyrone BT70 1BP
Home-start Armagh & Dungannon Company Limited by guarantee Contents Page Trustees report Independent examinerfs report ststement of financial activities Statement of financial position Statement of changes in equty Statement of cash flows 10 Notes to the financial ststements
Home-start Armagh & Dungannon Company Limited by guarantee Report of tho trusteos Yoar 8nded 31 March 2023 Objectives and ActivitSes The Charity recruits, trains and supports volunteers (who are parents themselves in most cases) to visitfamilies in their own home who have at least one child under 5 years of age. This informal. friendly and confidential support is tailored specifically to the families, needs as identified by the referrer and scheme co-ordinator. In addition. the scheme offers group support and parenting programmes to targeted families. To help give children the best start in life, parents are encouraged to develop confidence and resilience, strengthening family relationships and forging links within the wider community. We aim, in partnership with other agencie5, to promote the development of children, the health and wellbeing of the family thus providing an effective early intervention service. Referrals may be made by Health Visitors, Social Workers, other groups working with young children in the community, or families can self-refer. These objectives and activities are in line with the Memorandum and Articles of Association of Home-start Amiagh & Dungannon. Achievements and Performance Total number of families supported by Home-start Armagh & Dungannon from 01 April 2022 31 March 2023 is 75, and 16 volunteers. We continue to work in family homes- volunteer recruitment is still a key priority. We continue to match where the need is greatest and move volunteers on to their next family as soon as we can. Volunteer prep course has just finished with a new one commencing after Easter 2023. Group support remains 3 key part of our work with excellent feedback. Retention rates 95-100% across all cohorts. Waiting list in operation. Word of mouth and health visitor referrals. 2 concurrent 19 week suites of support finished 31103123. A new 5 week baby massage programme begins mid-April, after Easter, to cut the waiting list. Staff Training Ros Icoordinatorl received training in Incredible Years Baby programme, IAIMS infant massage and a safeguarding refresher. Elaine ladminl received Charity log training, safeguarding training and completed her food hygiene certificate. Financial Review The Statement of Financial Activities and Directors. report shows income and expenditure for the period l April 2022 to 31 March 2023. This has beenoverseen bytheTreasurerof Home-StartArmagh & Dungannon and independently verified by our auditors. Reserves Policy The Charity maintains reservesto providefor unforeseen expenditure and to cover 3 months costs in the event of a cessation of funding to enable an orderly winding down of activities.
HoMetart Armagh & Dungannon Company Limltsd by guarantee Report of Ihe trustees Year ended 31 March 2023 Princlpal Funding Sources The principal funding source for Home-start Armagh & Dungannon is via Service Level Contract with the Southern Health and Social Care Trust, reviewed annually. Other funds are obtained through donation5, fundraising activities and grant applications. This year, as previously mentioned, we received additional monies from the PHA in respett of our infant mental health work. STRucfuRE, GOVERNANCE AND MANAGEMENT Governrng Documents Home-start Armagh & Dungannon is a charitable company limited by guarantee that was incorporated on 6 April 2005 and is governed by the Memorandum and Articles of Association. Appointment of Trustees Trustees are elected bythe members at Annual General Meetings. No external body has any right to appoint Trustees. The board may co-opt additional members to fill specialist roles. Any member so appointed will hold office until the following AGM and shall then be eligible for re*lertion. Tru5teeg Indurtion and Tralnin8 New Trustees are provided with an Induction pack and are offered training on the roles and responsibilities of board members run by Home-start UK and several voluntary sector providers. Refresher and other training opportunities are offered, and board members also undergo Safeguarding training. Organisational Strurture The Trustees are responsible for both the strategic decision making of the charity and delegate dayto day administration and operation of the scheme to the co-ordinator, supported in her role by a part-time administrator. There are no sub-committees within the board. Risk Management The Trustees place a high priority on effective risk management to ensure the Charity operates within its financial capabilities and makes prudent financial decisions. In addition to financial risk management, the Trustees also seek to minimise risks to service users, staff, volunteers and visitors. Policies and procedures are in place covering service practice and provision. health and safety, fire, administrative arrangements etc. Detailed risk assessment5 are in place and reviewed regularly to protect the wellbeing of children, familie5, volunteers and staff.
Home4tart Armagh & Dungannon Company Llmltod by guarantee Report of the trustees Year ended 31 March 2023 Related Parties and Volunteers The Charity is affiliated to Home-start UK, itself a charitable company established to regulate and support individual Home-start organisations across the United Kingdom. The board is assisted by representatives of Statutory bodies, and of other voluntary organisations who have a direct interest in the work of Home-start Armagh & Dungannon. The scheme co-ordinator sits on the Management Committee of ArKe Surestart. REFERENCE AND ADMINISTRATIVE INFORMATION Charity Commission Number: NICIO5850 Charity Registration Number: 54547 Registered Address: Merrion House 46 The Square Moy BT717SG Dirertors: Mary Donnelly (Chairl Lewis Gribben (Treasurer) Audrey Kellet Margaret Kirkpatrick Donna Morris Heather Smith Brenda Curlev Elizabeth Devlin {Secretaryl Statement of Trustees. Responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and regulations. Both Company Law and Charity Law require Trustees to prepare financial statements for each financial year. Under these laws the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Underthese laws the Trustees must not approve the financial statements unless they are satlsfied that they grve a true and fair view of the state of the affairs of the charitable company and of the surplus or deficit of the charitable company for that period.
Home-start Armagh & Dungannon Company Limited by guarantee Report of the trustees Year ended 31 March 2023 In preparing these financial statements the Trustees are required to: select suitable accounting policie5 and a pply them consistently observe the methods and principles in the Charities SORP IFRS 102) make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards and statement5 of recommended practice have been followed subject to any departures disclosed and explained in the financial statements prepare the financial statement5 on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. The Trustees have overall responsibility for ensuring that the charitable company has appropriate systems of control, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure the financial statement5 comply with the appropriate accounting standards, They are also responsible for the safeguarding of assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees also had regard to the Charity Commission's public benefit requirement statutory guidance. This report has been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies, was approved by the Trustee5 on 21 September 2023 and signed on their behalf by: Mary Donnelly Chairperson
Home-start Armagh & Dungannon Company Limited by guarantee Independent examiners report to the trustees of Home-start Armagh & Dungannon Year ended 31 March 2023 I report on the accounts of the company for the year ended 31 March 2023 which are set out on pages 5 to 16. Respective responsibilities of trustees and examiner As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation ofthe accounts in accordance with the requirements ofthe Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to.. examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008., follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65191{b) of the Charities Act., and state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters (1) to (4} listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Andrew Gilpin FCCA Independent Examiner WHR Accountants Ltd 56 English Street Armagh BT62 7LG Date.. 21st September 2023
HOMetart Armagh & Dungannon Company Limited by guarantee Statement of Financial Activitles Year ended 31 March 2023 Note Unrestricted Restrtcted Funds Funds Total Funds 2023 Total Funds 2022 Income: Donations and legacies Investment income 66,668 133 66,668 133 52,940 Total Income 66,801 52,945 Expenditure Expenditure on charitsble activities- Charitable services Govemance 60.845 744 60.845 744 47,755 756 Total expenditure 61,589 61,589 48,511 Net (expenditure) and net movement in funds for the year 5,212 5,212 4,434 Reconciliation of funds Total funds brought forward 42,368 42.368 37,934 Totsl ftjnds carried forward 47,580 47.580 42,368 All the activities of the company are from continuing operations. The company has no other recognised items of income and expenditure other than the results for Ihe year as set out above.
Homelart Amiagh & Dungannon Company Umltod by guarantse Statement of Flnanclal Posltlon Year ended 31 March 2023 2023 2022 Note Flxed assets Tangible assets 2,753 3,239 2.753 3,239 Current assets Cash at bank and in hand Grant debtor 48.605 440 42,493 49,045 42,493 Creditors- amounts falllng due within one year 11 {4,218) {3,364) Net current assets 44,827 39,129 Total assets less currant liabilities 47.580 42.368 Net assets 47,580 42,368 The funds of the charity: Unrestricted income funds 47,580 42,368 Total charity funds 47,580 42,368 For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors responsibilities: The members have not required the company to obtain an audit of its financial ststements for the year in question in accordance with section 476- The directors acknowledge their responsibilities for complying with the requirements of the Ad with respect to accounting records and the preparation of financial statements. These financial statements hav8 been pr8pared in accordancè with the provisions applicable to wmpanies subject to the small companies, regime.
Home4tart Annagh & Dungannon Company Limlted by guarantee Statement of Financial Position Year ended 31 March 2023 These financial statements were approved by the board of directors and authorised for issue on 21st September 2023 and are signed on behalf of the board by: Lewis Gribben Director Company registration number. N1054547
Home4tart Arniagh & Dungannon Company Limitsd by guarantee Statement of changes In equlty Year ended 31 March 2023 2023 At 1 Aprll 2020 32.022 Surplus for the year 5,912 Total comprehenslve income for the year 37,934 At 31 March 2021 37,934 Surplus for the y8ar 4,434 Total Comprehensive income for the year 4.434 At 31 March 2022 42.368 Surplus for the year 5.212 Total cornprehenslve Income tor the year 5.212 At 31 March 2023 47.580
Home-start Amiagh & Dungannon Company Limited by guarantee Statement of cash flows Year ended 31 March 2023 2023 2022 Cash flows from operating actlvities Surplus for the financial year 5,212 4,434 Adjustments for: Additions to fixed assets Depreciation of tsngible assets Other interest re1vable and similar income Accrued expens8sI(income) Accrued grants 486 (133) 475 (61) 572 (51 476 172) Changes in: Trade and other debtors Cash generated from operations 5,979 5,405 Interest received 133 Net cash used in operating activities 6.112 5,410 Cash flows from investlng activities Purchase of tangible assets Net cash froml{used in) investing activities Net increasel(decrÈase) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 6,112 42.493 5,410 37.083 10 10 48.605 42,493 io
Home-start Amiagh & Dungannon Company Limited by guarantee Notes to the financial statements Year ended 31 March 2023 Accounting pollcles General information and basis of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and invesbnent properties measured at fair value through profft or loss. The financial statements are prepared in sterling. which is the functional CUenCY of the entity. Home-start Amiagh & Dungannon meets the definition of a public benefit entity under FRS 102 and is company limited by guarantee incorporated in Northern Ireland within the United Kingdom. The address of the registered Offi is given in the company infomiation page of these financial statements. The nature of the company's operations and its principal activities is to safeguard. protect and preseN8 the good health and well-being of chlldren and parents and to promote the education of the public in better standards of childcare in the area of Armagh and Dungannon and its environs. Preparatlon of accounts on a golng concern basls Though the company made a loss in the last few years it is still in a healthy net asset position at the end of the year with no reliance on external loan5 so on this basis the company is a going cOnrn. Income Income is recognised when the charity has entf(lement to the funds. any performance conditions attached to the items of income have been met. it is probable that the income will be reiVed and the amount can be measured reliably. Income from govemment and other grants. whether 'capttal' grants or 'revenue' grants. is recognised when the charity has entiement to the funds, any perfomance conditions attached to the grant have been rnet, it is probable that the income will be received and the amount rAn be measured reliably and is not deferred. Donated servlcos In accordance with the Charities SORP (FRS 102) the general volunteer time is not recognised as income in the accounts. Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity.. this is normally upon notification of the interest paid or payable by the bank. Fund accounting Unrestricted funds are available to spend on actNÈties Ihat further the purposes of the charty. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be used solely for particular areas of the company's work. li
Home4tart Arniagh & Dungannon Company Limited by guarantee Notes to the flnancial statements (contlnued) Year ended 31 March 2023 Expenditure and Irrecoverable VAT Expenditure is recognised once there is a legal ¢onstructive obligation to make a payment to a third party. it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classffied under the following headings= Expenditure on charitable acttvities includes costs of advertising and volunteer costs undertaken to fvrther the purpose of the charity and their associated costs. Other expenditure represents those items not falling into the heading above. Irrecoverabl8 VAT 15 charged as a cost against the activity for which the expenditure was incurred. Charitable expenditure comprises those costs incurred in the delivery of the charity's activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activrlies and those costs of an indirect nature necessary to support them. Governan costs Include those costs associated with meeting the constitutional and statutory requirements of the charity. Tanglbla assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accuTnulated depreciation and subsequent accumulated impairmenl losses. An increase in the carying amount of an asset as a result of a revaluation. is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same assèt previously recognised in profit or loss. A decrease in the carying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds Ihe accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profrt or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, lass ils residual value, over the useful economic lrfe of that asset as follows: If there is an indication that there has been a significant change in depr8ciation rates. useful life or residual value of tangible assets. the depreciation is revised prospectively to reflect the new estimates. 12
HoMetart Armagh & Dungannon Company Llmlted by guarantoè Notes to the financial statements (continued) Year ended 31 March 2023 Impairnient A review for indicators of impainnent is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When il is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. Th8 cash-generating unit is the smallest identtfiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Financlal Instruments The company 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 al their settlement value with the exception of bank loans which are subsequently measured at amorbsed cost using the effective interest meth¢)d. Limited by guarantee The charity is a company limited by guarantee and has no share capttsl. Every member promises, rfthe charity is dissolved while he, she or it remains a member or within 12 months afterwards, to pay up to £1 towards the costs of dissolution and the liabilities insured by the charity while the contrlbutor was a member. Income Income arises from: 2023 2022 Grants Donations and gifts 66,668 52.940 66,668 52.940 The income from grants and donations was £66,668 (2022: £52,940) of which £66,668 was unrestricted (2022 £52,940) and £Nil restrictsd (2022: £NIL). The company benefrts greatly from the involvement and enthusiastic support of its many volunteers, in accordan with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the arKounts. 13
Horne-start Annagh & Dungannon Company Limited by guarantee Notes to the financial statements {continued) Year ended 31 March 2023 Investment income 2023 2022 Bank deposits 133 Analysis of expenditure on charitable activities Staff costs Support Costs Othèr costs Tolal 2023 Total 2022 Charitable services Governance costs 36.657 123 744 24,126 60,906 744 47,827 756 36,657 867 61,650 48,583 Govemance costs include amounts charged by the independent examiner of £744 {2022: £756) Analysis of staff costs. trustee remuneration and expenses 2023 2022 Salaries and wages Social security costs 32,981 3,676 29,879 3,048 36,657 32,927 No employees had employee benefits during the year (2022.. £nil). The charity trustees were not paid or received any other benefits from employment Wtth the company in the year {2022.' £nil) neither were they reimbursed expenses during the year (2022= £nil). No Gharrty trustee received payment for professional or other services supplied to the charity (2022= £nil) Staff Numbers The average monthly number of employees was: 2023 2022 Family support 14
Home-stsrt Arniagh & Dungannon Company Limited by guarant60 Notes to the financial statements (continued) Year ended 31 March 2023 Taxation The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitsble purposes. Tangible assets Plant and Fixtures. machinery ffttings and equipment Total Cost At 1 April 2022 Additions 6,105 7.994 14.099 At 31 March 2023 6.105 7,994 14.099 Depre¢lation At 1 April 2022 Charge for the year 5,674 65 5.186 421 10,860 486 At 31 March 2023 5,739 5,607 11,346 Carrying amount At 31 March 2023 366 2.387 2,753 At 31 March 2022 431 2.808 3,239 10. Cash and cash equivalents Cash and cash equivalents comprise the following= 2023 2022 Cash at bank and in hand Bank overdrafts 48,605 42.493 48,605 42,493 11. Creditors: amounts falling due within one year 2023 2022 Bank loans and overdrafts Accruals and deferred income 4,218 3,364 4,218 3,364 15
Home4tart Armagh & Dungannon Company Limlted by guarantee Notes to the flnancial statements (continued} Year ended 31 March 2023 12. Grants 2023 2022 At stsrt of year Grants received or receivable Released to the income statement 1,946 2,018 (61) (72) At end of year 1,885 1,946 Deferred income comprises of grants received in relation to restrided expenditure not yèt made. 16
Home4tart Arniagh & Dungannon Company Limited by guarantee Dotalled Income Statement Year ended 31 March 2023 2023 2022 Income Grants- SH & SCT Grant- PHA Other income 49,403 17,265 47,530 5,410 66,668 52,940 Gross profrt 66.668 52.940 Overheads Administrative expenses {61.650) (48,583> {61,650) (48,583) Operating profitlloss 5,018 4,357 Other interest receivable and similar income Government grant released 133 61 72 Profit on ordinary activities before taxatlon 5,212 4.434 17
Home-start Armagh & Dungannon Company Limited by guarantee Detailed Income Statement Year ended 31 March 2023 2023 2022 Overheads Administrative expenses Wages and salaries Home Start annual fee Rent payable IMH Programme Insurance Light and heat Printing, postage and ststionery Tèlephone Staff travel Volunteer Expenses Accountancy fees Bank charges General expenses Depreciation of tsngible assels (36,657) {856) 15,208} {13,586) (970) (328) (651) (761) (351) (123) (744) (40) {889) {486} {32,927) (856) (5,208) (4,637) (924) (843) (264> 1667} {179} {281) (756) (31) (438) (572) 161,650) (48.583) 18