Company registrdtion number: N1055095 Charity registrdtion number: 105853 Home-start Causeway (A company limited by guarantee) Annual Report and Financial Ststements for the Year Ended 31 March 2023 D T Carson & Co. Chartered Accountants & Statutory Auditors 2 Loy Street Cookstown Co. Tyrone BT80 8PE
Home-start Causeway Contents Refer¢nce and Administrative Details Trustees, Report 2to4 Independent Auditors, Report 5t08 Statement of Financial Activities Balance Sheet 10 Notcs to the Financial Statements Ilto 19
Home•Start Causeway Reference and Administrative Details Trustees Mr A. McGarvey Mrs M. Mccaughan Mrs K. Millar Mrs Ann Gault Mrs G. Kelly Secretary Charity Registration Number 105853 Company Registratlon Number N1055095 The charity is incorporated in Northern Ireland. 74-76 Railway Road Colerdine Co. Londonderry BT52 IPG Regtstered Ol¢e Auditor D T Carson & Co. Chartered Auntsllts & Statutory Auditors 2 Loy Street Cookstown Co. TyTone BT80 8PE Banke Danske Bank 18 The Square Ballyclare Co. Antrim BT39 9BB Page I
Home•Start Causeway Trustees, Report The trustees, who are dirertors for the purposes of company law, present the am)ual report together with the financial statements and auditors, report of th¢ charitable company for the year ended 31 March 2023. Objectives and activities Objects and aln The objects of the charity are: a) to saf¢guard, protect and preserve the good healt both rnentsl and physical of children and parents of children: b) to prevent cruelty to or maltreatment of children. c) to relieve sickness. poverty and need amongst children and parents of ¢hildren; d) to promote the education of the public in better standards of child care; princially but not exclusively within the area of Causeway Coast & Glens and its environs. Objeellves, stralegles dnd acdvllles The charity provides a wide range of support for families experienciDg diifJculti¢s or suffering stress and who have at least one child under the age of five. Home-start volunteers help families facing isolation. the effects of post-natal illness. disability or mentsl health issues. bereavemenL multiple births, poverty or fllW)cial difficulties, or a whole rangc of other challenges. After meeting with the family to discuss their specific needs, Home-start will match the family to a volunteer. The help we give each family depends entirely on their circumstances, requirements and what they want help with. Support will be giv¢n through core honie visitin& family group activities, outings and training opportunities: Publlc benefll The direct benefits that flow from the charitys adivities include: - improved health outcomes and improved uptake of health appoinlm¢nts. - happier safer children and happier safer homes, resulting in fewer ¢hildren suffering cruelty or maltreatment. - parents and children feel less marginalised. Families make better use of local services and are less isolated and have wider horizons. Families are better able to Cope with their needs. - families develop irnprov coping strategies and parents become more confident through increased education in childcare standards. Trustees and officers The trust¢¢s and oftficers serving during the year and since the year end were as follows: Trustees: Mr A. McGarvey Mrs M. Mccaughan Mrs K. Millar Mrs Ann Gault (appointed l January 2023) Mr G. Petersen (retired l January 2023) Mr i. DuDll (retired 19 July 2022) Mrs D. Henry (resigned 14 July 2022) Secretary: MTS G. Kelly Page 2
Home-start Causeway Trustees, Report Structurey governance and management Major rtsks andmtTnagemenl ofthose rls Covid-19 tn response to Covid-19, Changes were made to service delivery at HOMe-SL Causeway. Thankfully, we hav¢ been able to resume the running of normal service. Indoor home visits have resumed with volunteers and staff taking precautions such as hand hygiene. Play session5 and family groups attendance have been increased to allow a greater number of families to access th¢s¢ services at any one time. The groups are kept small to allow for social distancing and a1¢55 crowded room. Rising inflation and cosl ofliving Whilst rising inflation and energy bills have had some impact on Home-start Causeway it would be remiss not to consider the potential impact this may have over the next year. Funders have reached out to organisations to see how best they can support organisations with rising costs with uplilL8, and we hav¢ availed ourselves of this assistance. We also have been more flexible with budgets to help addr¢ss increased costs. We will continue to monitor the impact of rising costs on our service. We foresee increased fancial difficulties within the families we support as they struggle with rising food and energy costs. We will do wbat we Can to support our familie5 through the service w¢ provide and also to signpost to appropria* servi¢es. Stress andpressure in the NHS Northern Ireland's Health Service is under increasing stress and pressure. This has impacted the number of families needing assistance, as well as the complexity of their needs. We will Continue to carefully balance our response to the needs presented with the level of assistance our volunteers can provide. Flnancknl Instruments Objeellves andpollcl The charity5 activities expose it to a number of financial risks including credit risk. cash flow risk and liquidity risk. Cashflow rlsk Th¢ charity's activities expose it priDwily to the financial risks of changes in Government fimding and third party support of the charity. Credlt rlsk The charity's principal financial assets are bank balances and casm trade and other receivables. The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impainnent is made where there is an identified loss evenl which, based on previous experi¢n¢¢. is evidenrx of a reduction in the recoverability of the cash flows. Llquldity rtsk In order to maintain liquidity to ensure that suffitient fill)ds are available for ongoing operations and future developments, the charity wes cash r¢serves. Page 3
Home-start Causeway Trustees, Report ststement oftrust¢' re5ponsibilitles The trustees (who are also the directors of Home-start Causeway for the purposes of company law) are responsible for preparing the trustees, r¢port and the fmancial stat¢m¢nts in accordall¢¢ with applicable law and United Kingdom Accounting Standards (United Kingdom Genernlly Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland.. Company law requires the trustees to prepar¢ financial statements for each fllwicial year. Under company law the trustees must not approve the fmancial ststements unless they are satisfied that they give a true and fair view of the state of affairs of the charitsble company and of the incoming resources and application of resources, including its income and expenditure, of the charitsble company for that period. In pr¢paring these financial statements, the trustees are required to: select suitsble accounting policies and apply them consistcntly. observ¢ the methods and prin¢iples in the Charities SORP; make judgements and estimates that are reasonable and prudenL stste wheth¢r applicable accounting stsndard& Comprising FRS 102 have been followed. subject to any material departures disclosed and explained in the financial statements; and prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the fll]ancial position of the charitable company and enable them to ensure that the fmancial statements comply with the Companies Act 2006. They are a150 responsibl¢ for safeguarding the assets of the charitable ompany and henc¢ for tsking reasonable steps for the prevention and detection of fraud and other Iegular1ties. The trustees ar¢ responsible for the maintenance and integrity of the corporate and fmancial infonnation included on the charitable companls website. Legislation governing the preparation and di55¢mination of fllwicial statements may differ from legislation in other jurisdictions. Dis¢losure of Inforniatlon to auditor Each trustee has tsken steps that they ought to have tsken as a trstee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that inforn)ation. The trustees confTh that theT¢ is no relevant infoTmation that they know of and of whi¢h they know the auditor is unaware. Reappointment of auditor In accordance with section 485 of the Companies Art 2006, a resolution for the re-appointment of D T Carson & Co. as auditors of the charity IS to be proposed at the forthcoming Annual General M¢eting. Th¢ annual report was approved by the trustees of the charity on 26 October 2023 and signed on its behalf by: Mrs M. M¢Caughan Trustee Page 4
Home-start Causeway Independent Auditor's Report to the Members of Home-start Causeway Opinlon We have audited the fmancial ststements of Hom¢-Start Causeway (the 'charity? for the year ended 31 March 2023, which comprise the Statement of Financial Activities, Balancc Sh¢¢L and Notes to the Financial Statements. including a summary of significant accounting policies. The fman¢ial reporting framework that has been appIied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and applicable law (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the stste of the charitys affairs as at 31 March 2023 and of its incoming resources and application of resources, including its incom¢ and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prnctice. have been prepared in a¢¢ordance with the requirements of the Companies Act 2006. Ba$is for opinion We conducted our audit in accordance with Internatioll Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are fillther described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordancc with the ethical r¢quirements that are relevant to our audit of the financial statements in the UK including the FRC'S Ethical Standard, and we have fulfill¢d our other ethical responsibiliti¢s in accordance with th¢$¢ requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conelu5ions relating to going Concern In auditing the financial ststements, we have concluded that the InS use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Bas¢d on the work we hav¢ perfornied, we have not identified any material uncertainties relating to events or conditions tha¢ individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial ststements were authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this reporL Other information The trustse5 are responsibEe for the other inforniation. The other inforniation compris¢s the infonnation included in the annual reporL other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other inforniation and. except to the extent otherwise explicitly stated in our repoo we do not express any forn] of assurance conclusion ther¢on. In connection with our audit of the fmancial statements, our responsibility is to read the oth¢r inforniation and, in doing so, consider whether the other inforniation is materially inconsistent with the financial ststements or our knowledge obtained in the audit or otherwise appears to be mat¢rially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to deternline whether there is a material misstatement in the financial statements or a rnaterial misstatement of the other inforniation. If, b&8ed on the work we have perfornied, we conclude that there is a material misstatement of this other lnforniatio we are required to report that facL We have nothing to ieport in this regard. Page 5
Homfrstart Causeway Independent Auditor's Report to the Members of Home•Start Causeway Opinion on other matter pre5¢rlbed by the Companies Act 2006 tn our Opinio based on the work Undertaken in the course of the audit: the Inforntion given in the Tnees, Report for the financial year for which the fancIal statements are prepared is consistent with the financial statements. and the Trustees, Report has been prepared in accorthce with applicable legal requirements. Matters on which we are required to report by exception In the light of ow knowledge and understanding of the charity and its environment obtained in the course of th¢ audiL we have not identified material misstatements in the TnLStees' Report. We have nothing to report in respect of th¢ following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kepL or returns adequate for our audit have not been receiv¢d .from branche$ not visited by us; or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of tnteeS remuneration specified by law are not made; or we have not received all the inforniation And explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of trustees, responsibilities (s¢t out on page 4), the trustees are responsible for the preparation of the fman¢ial statements and for being satisfied that they give a tsiie and fair view, and for such internal control as the trustees detern]ine is necessary to enable the preparation of fmancial 5tstements that are free from material misstatemenL whether due to fraud or error. In preparing the financial slatements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing. as applicable, matters related to going concern and using th¢ going conccrn basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic alternative but to do so. Page 6
Home-start Causeway Illdependent Auditor's Report to the Members of Home-start Causeway Auditor responsibilities for the audit of the financial statements Our objectives are to obtsin reasonable Urance about whether the financial statements as a whole are free from material misstatem¢nL whether due to fraud or error, and to issue an auditor's r¢port that includes our opinion. Reasonable assurdnce is a higb level of assurance. but is not a guarantee that an audit conducted in aOrdanCe with ISAS (UK) will always detect a material misstaternent when it exists. Misstatements can arisc from fraud or eThir and are considered material if, individually or in the aggregate, they could reasonably be expect¢d to iDfiuence the exonomic decisioDS of users taken on the basis of these financial statements. Irr¢gularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in lin¢ with our responsibilities, outlined above, to detect material misststements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below: . We obtained an understanding of the legal and regulatory framework applicable to the company and the sector in which it operates. We detemined that the following laws and regulations were most significant: th¢ Companies Act 2006 and we deteTmined that the financial reporting framework used was FRS 102; . We obtained an understanding of how the company is complying with those legal, r¢gulatory and financial reporting frameworks by making inquiries of management; and . We assessed the suseeptibility of the company's financial statements to material misstatemenL including how fraud might occur. Based on the r¢sults of our risk assessment we designed our audit procedures to identify non-compliance with such laws and r¢gulations identified above. Audit procedures perfornied included: - identifying the nature of the industy sector and business perfomance; enquiring of management about their own identification and assessment of the risk of iegUlar1t1es and whether they have any knowledge of any actual, suspected or alleged fraud; - identifying and assessing the design effectiveness of controls management has in plac¢ to prev¢nt and detect - understanding how those charged with governance considered and addr¢ssed the potential for oveIde of Controls or oth¢r inappropriate influence over the financial reporting process; - identifying and assessing the extent of compliance with laws and regulations and enquiring of management if they are aware of any instance of non-compliance; assessing assumptions and judgements made by management in its significant accountin8 estimates for reasonableness; - perforniing analytical procedures to identify any unusual or unexpected variations that may indicats risk of material misstatement due to fraud. - obtsining an understanding of provisions and holding discussions with management to understand the basis of recognition or non-recognition of such provisions; - in addressing the risk of fraud through management ovcrride of controls, t¢sting the appropriateness of journal entries and other adjustments. assessing whether the judgements mad¢ in making accounting estimates are indicativ¢ of a potential bias" and evaluating the business rationale of any signifi¢ant transactions that are unusual or outside the norn)al course of business; and - enquiring of management concerning actual and potellti litigation and claims. There are inherent limitstions in the audit pro¢edures described above. We are less likely to become aware of instances of non-compliance with laws and r¢gulations that are not closely related to events and transactions reflccted in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involv¢ deliberate concealment by. for ¢xampl¢, forgery or intentional misrepresentations. or througb collusion. A fiwther description of our responsibilities is available OD the Financial Reporting Council's website at.. www.frc.org.uklauditorsresponsibilities. This description forn part of our auditor's reporL Page 7
Home-start Causeway Independent Auditor's Report to the Members of Home*Start Causeway Use of our report This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's ttee$ those matters we are required to state to them in an auditor's report and for no other PUTpose. To the fullest extent pennitted by law. we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work. for this repojt or for the opinions we have fonned. Trevor Shiels (Senior Statutory Auditor) For and on behalf of D T Carson & Co.. Ststutory Auditor 2 Loy Street Cookstown Co. Tyrone BT80 8PE 26 October 2023 Page 8
Home•Start Causeway Statement of Financial Activities for the Year Ended 31 March 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Restricted funds Total 2023 Note Income and Endoivments from: Donations and grants Investment income 60.133 47 69,071 129.204 47 Total income 60,180 69,071 129,251 Expendlture on: Charitable activities (50,674 58,551 (109,225 Total expenditure Net income 50.674 58,551 109,225 9.506 10,520 20,026 Net movement in funds Reeon¢fillation of funds Totsl fund5 brought forward Totsl funds Caled forward 9.506 10,520 20,026 34,027 31,044 41,564 Restricted fund$ 65,071 17 43.533 Unrcstri¢t¢d runds 85,097 Total 2022 Note Income and Endowments from: Donations and grants Investment income 49,467 14 65,404 114,871 14 Total income 49,481 65.404 114,885 Expenditure on: Charitable activities (44,195 39,591 (83,786 Total ¢xpenditure Net income (44,195 39,591 (83,786 5,286 25.813 31,099 Net movement in funds Reconciliation of fuDds Total funds brought forward Total funds carried fonyard 5,286 25.813 31,099 28,741 5231 33,972 65,071 17 34,027 31,044 All of the charity's activities derivc from continuing operations during the abov¢ two periods. The funds breakdown is Sho in note 17. The notes on pages l I to 19 fonn an inte1 part of these financial statements. Page 9
Homtsstart Causeway (Registration Dumber: N1055095) Balance Sheet as at 31 March 2023 2023 2022 Note Flxed assets Tangible assets 13 1.496 1,760 Current assets Debtors Cash at bank and in hand 14 15 536 85,097 85,633 522 63,978 64,500 Creditors: Amounts falliD% due withln one year 16 2.032 1,189 Net current assets 83,601 63,311 Net issets 85.097 65,071 Funds of the charlty: Restrlcted Ineome funds Restrict¢d funds 17 41.564 31,044 Unrestrlcted income fundj Unrestricted funds 43,533 34,027 Total funds 17 85,097 The fmancial ststements on pages 9 to 19 were approved by the trustees, and authorised for issue on 26 October 2023 and signed on their behalf by: Mr A. MCG Trustee The notes on pages l I to 19 forni an integral part of these financial ststements. Page 10
Home•Start Causeway Notes to the Financial Statements for the Year Ended 31 March 2023 I Charity ststus The charity is limited by guarantee, inCOTporated in Nortbern Ir¢lan(L and ¢onsequently does not have share capital. Each of the trustees is liable to contribute an amount not ex¢eeding £1 towards the assets of the charity in the event of liquidation. The address of its registered Offi is: 74-76 Railway Road Coleraine Co. Londond¢rry BT52 IPG These financial statements were authorised for issue by the tnjstees on 26 October 2023. 2 Aeeounting policies Summary of slgnifieant accounting polieles and key accountlng estimales The principal accounting policies applied in the prepardtion of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compllance The financial statements have been pr¢pared in ac¢ordance with Aexounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015)- (Charities SORP (FRS 102)), and the Companies Act 2006. Basis of preparvdtlon Home-start Causeway meets the definition of a publi¢ benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless other+vise stated in the relevant accounting poliq notes. Going coneern The trustees consider that there are no material uncertainties about the charitys ability to ¢ontinue as a going oncern nor any SilfiCallt areas of uncertainty that affect the caYIng valu¢ of assets held by th¢ charity. Exernptlon from preparlng a tash flow statement The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow stst¢ment in these fuwicial ststements. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be re¢eived and the amount of the income receivable can be me&sured reliably. Pagell
Home•Start Causeway Notes to the Financial Statements for the Year Ended 31 Marcb 2023 Donallons and legacles Donations are recognised when the charity has been notified in writing of both the amount and settlement dat¢. In the event that a donation is subj¢ct to Conditions that requir¢ a level of perforn)an¢e by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those ¢onditiODS aTe fijlly meL or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these onditions will be fulfilled in the reporting period. Gnmts recelvable Grants are recognised when the charity has an entitlement to th¢ funds and any conditions IiDked to the grants have been met. Where perforniance conditions are attached to the grant and are yet to be mcl the income is recognised as a liability and included on the balanc¢ sheet as deferred incomc to be released. Expendlture All expenditure is reColS¢d once there is a legal or constnictiv¢ obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All ¢osts are allocated to the applicabl¢ expenditure heading that aggregate similar costs to that category. Where costs cannot be diTectly attributed to particular headings th¢y have b¢en allo¢ated on a basis consistent with the use of resources, with c¢ntrdl staff costs allocated on the basis of time sp¢nL and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charllable actlvllles Charitsble expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that Can be allocated directly to such activities and th0 costs of an indirect nature n¢cessary to support thern. Governanee costs These include the costs attributable to the charity's compliance with Constitutional and statutory requirements, including audiL strategic management and trustees meetings and reimbursed expenses. Government grants Government grants are recognised based on the a¢cnMI model and are measured at the fair value of the asset reIved or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are r¢cognised over the expected useful life of the asset. Whcre part of a grant relating to an asset is defeed, it is recognised as deferred income. Taxation The charity is considered to pass the tssts set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it rneets the definition of a charitable company for IJK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Sedion 256 of the Taxation of Chargeable Gains Act 1992, to the ¢xtent that such income or gains are applied excI1velY to charitable purposes. Tangible fixed 25sets Individual fixed assets are initially recorded at cosl less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Page 12
Home-stsrt Causeway Notes to the Financial Statements for the Year Ended 31 March 2023 Depreelation and amortisation Depreciation is provided on tangible f¢d assets so as to Write off the cost or Valuatio less any estimated residual value. over their expeded usefvl cconomic life as follows: Asset class Fumiture and equipment Depreclation method and rat¢ 150/0 reducing balance Trade debtors Trade debtors are amounts due from grant providers and other donors in the ordinary Course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at cost Ic5S provision for impairment. A provision for the impairment of trade dcbtors is established when there is objective evidence that the charity will not be able lo collect all amounts due aording to the origina] tern of th¢ receivables. Cash and cash equlvalents Cash and cash equivalents ¢omprise cash on hand and call deposits, and other short-tern) highly liquid investments that are readily ¢onvertible to a known amount of eash and are subject to an insignificant risk of change in value. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in filltheran¢e of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes. the use of which is restrict¢d to that area or purpose. Pensions And other post retirement obligatlons The charity operates a defLned contribution pension scheme which is a pension plan under which fix contributions are paid into a pension fund and the charity h&s no legal or Constructive obligation to pay further contributions even if the fund does not hold suffici¢nt assets to pay all employees the benefits relatin8 to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution paJTrents exceed the contribution due for service. the excess is recognised as a prepayment. Page 13
Homevstart Causeway Notes to the Financlal Statements for the Year Ended 31 March 2023 3 Income from donations and grants Unrestricted Totsl 2023 Total 2022 G¢nerg1 Restrieted Donations and legacies: Donations Grants, including capitsl pjts: Government grants Grants from other charities 3.930 3.930 2,440 56203 56,203 69,071 47,027 65,404 114,871 69,071 60,133 69.071 129,204 4 Income from charltsble aetlvltles Unre5tri¢ted funds Gen¢rg1 Restricted funds Total 2023 Total 2022 North¢rn Health and Social Care TrL The National Lottery Community Fund Brook Trust- Sustainability Brook Trust - Learn, t¢s4 change Pears Foundation Children in Need Arnold Clarke Community Fund Donations BT RTE Toy Show Appeal Coop Local Community Fund Home Start UK Grant Marks & Spencer Grant Sainsburys Grant 56,203 56,203 47.027 41.501 41.501 29,766 10,000 ,400 8,888 7,100 1,000 2,440 250 800 800 9,000 9,000 3,930 3,930 14.257 1.013 1,000 1,000 500 14257 1,013 1,000 1,000 500 60.133 69.071 129204 114,871 Page 14
Home-start Causeway Notes to the Financial Statements for the Year Ended 31 March 2023 5 Investment income Unrestricted funds General Totsl 2023 Total 2022 Interest receivable and similar income: Interest receivable on bank deposits 47 47 14 6 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2023 Total 2022 Wages and salaries stsff pensions Staff training ReDt Rates Ligh¢ heat and power Insurdnce Repair5 Telephone Volunteer expenses Family group expenses Family support expenses Home-start UK Home-slart grant distribution Printing, postage and ststionery Sundry Advertising Travel and subsistence Depreciation Office equipment Consultancy f¢es Bank fees 45,946 4,546 20,806 66,752 4,546 1,876 4,000 208 968 994 350 1.109 3,771 3,420 6,171 1,475 1.600 462 297 250 1,630 264 312 7,560 59 58.004 4,236 240 4,000 196 833 921 580 1,060 1,810 595 5,263 1,194 1.876 4,000 208 968 994 350 1,109 3,771 3,420 6,171 1,475 1,600 462 297 250 1,630 82 312 7.560 59 135 495 374 1,810 310 559 182 78 50,674 57,400 108,074 82,693 £50,674 (2022 - £44,195) of the above ¢xpenditur¢ was attributable to unrestricted funds and £57,400 (2022 - £38.498) to restricted funds. In addition to the expenditure analysed above, there are also governance costs of £1,15 J (2022 - £1,093) which r¢late dir¢ctly to charitable activities. See note 7 for fillther d¢tai]s. Page 15
Home-start Causeway Notes to the Financial Statements for the Year Ended 31 March 2023 7 Anvdlysis ofgovernance and support costs Governanee costs Restrleted funds Tot81 2023 Total 2022 Audit fees Audit of the fjnancial ststements 1.151 1,151 1,151 1,093 1,151 1,093 8 Net IneomlnFJoutgoing resources Net incoming resources for the year include: 2023 2022 Audit fees Depreciation of fjxed assets 1,151 264 1,093 310 9 Trustees remunervdtion and expeD$es No truste¢$, nor any persons connected with thm have received any remunerdtion from the charity during the 10 Staff costs The aggregate payToII costs were as follows: 2023 2022 Staff eosts during the year were: Wages and salaries Pension costs Other stsff costs 66,752 4,546 1,876 58,004 4,236 240 73,174 62,480 The monthly average number of persoDS (including senior nwiagem¢nt I leadership team) employed by the charity during the year expressed as 11 time equivalents was as follows: 2022 2023 Administration Page 16
Home-St2rt Causeway Notes to the Financial Statements for the Year Ended 31 Mareh 2023 No ¢mployee received emoluments of mor¢ than £60,000 during th¢ year. 11 Auditors, remuneration 2023 2022 Audit of the fllwicial ststements 1,151 1,093 12 Taxation The Charity is a registered Charity and is therefore exempt from laxation. 13 Tangible flxed issets Furnlture and equipment Total Cost At l April 2022 At 31 March 2023 9,152 9,152 9,152 9.152 Depreclatlon At l April 2022 Charge for the year At 31 March 2023 7.392 264 7,392 264 7,656 7.656 Net book value At 31 March 2023 1.496 1,496 At 31 March 2022 1,760 1.760 14 Debtors 2023 2022 Prepayments 536 522 Page 17
Home-start Causeway Notes to the Financial Ststements for the Year Ended 31 Mareh 2023 15 Cash and cash equivalents 2023 2022 Cash on hand Cash at b8nk Short-terni deposits 24 69,944 15,129 30 48,866 15,082 85,097 63,978 16 Creditors: amounts falling due wlthln one year 2023 2022 Accruals 2,032 1,189 17 Funds Balance at I April 2022 Incoming resources Resources expended Balance at 31 March 2023 Unrestrlcted fundj General Grants and donations Bank interest 34.027 60,133 47 (50,674) 43,486 47 34,027 60180 50,674 Restricted fund$ Children in Need Home-start UK Hon. Irish Society The National Lottery Community Fund Brook Trust- Sustsinability Brook Tn- Learn, tesl Change P¢ars FouDdation Arnold Clark Community Fund Coop Local Community Fund Mark & Spen¢er Fund RTE Toy Show Appeal Sainsburys Grant 3.878 9,000 1,000 (7,166) 5,712 1,000 465 547 (82) 7,788 1.394 8,400 8,888 149 41,501 (27,994) (1,394) (1,658) (8,048) (149) 21,295 800 7,542 840 1,013 1,000 14,257 500 1,013 251 3,336 iio (749) (10,921) 390 Totsl restricted funds 31.044 69,071 (58,551 41,564 Total funds 65,071 129251 (109,225 85,097 Page 18
Home-start Causeway Notes to the Financial Statements for tbe Year Ended 31 March 2023 18 Analysis of net assets between funds Unrestricted funds Gen¢ral Total funds it 31 March 2023 Restrieted funds Tangible fixed assets Current assets Cuent liabilities 1.031 44,534 (2,032 465 41.099 1,496 85,633 (2,032 Totsl net assets 43,533 41.564 85,097 Page 19