Home-start Newry & Mourne IA company Ilmited by guarantee, not havlng a 8harg capltall Annual Report and Unaudited Financial Statemants for the financial year ended 31 March 2024 Malone Accountlng Ltd 12 Causeway Road NEWCASTLE Down BT33 ODL Northern Iroland Company Number: NIOE4546 Charlty Number: 106050 Home-start Newry & Mourne A company Ilmltèd by guarant8&, not havlng a $h3ro Capltall CONTENTS Page Reference and Admlnistrative Informatlon Trustees, Annual Report statement of Trustees, Responslbilities Independent Examinetrs Report ststement of Flnanclal Activltles Balanc8 Sheet 10 Notes to the Flnanclal Statements Home.Start Newry & Mourne (A Company limited by guarantee, not havlng a share capllal) REFERENCE AND ADMINISTRATIVE INFORMATION Trustees M8rgaret Tralnor Gloria Dodd8 Conn Mulholland Ann Lowry Catherine Lynch Clive Power Charfes Graham Catherine Kinkald Company Secretary Bevin O'Hare Charlty Numb8r In Northern Ireland 106060 Company Registration Number N105454S Reglstered Offlce BallyLN)l House 28 Commarket Newry BT35 8BG Prlnclpal Address Ballybot House 28 Corn Market Newry BT35 8BG Indèpendent Examiner Malone A￿OUntIng Ltd 12 Ceu58way Road NEWCASTLE Down BT33 ODL Northem Ireland Principal Banke AIB 4244 Hlll Street Newry County Down BT34 1AU Northern Ireland Sollcltors Cleaver Fulton Rankln 50 B&dford Slreel Belfast County Antrlm BT2 7FW Northem Ir&land Home-start Newry & Mourne {A compahy Ilmlted by guarantee, not having a 8hare oapltall TRUSTEES, ANNUAL REPORT for Ihe flnandal year ended 31 March 2024 The twstees present Ihelr Trustees, Annual Report, combinlng the Directors, Report and Truste6s' Report. and the unaudltod financial slalement$ for the flnanclal year ended 31 March 2024. The financial slal8ments are prepared In accordance wlth the Companle8 Aol 2006, FRS 102 The Financi81 Reportlng Standard appllcable In the UK and Republlc of Ireland and Accounting and R8POrting by Charllles,. Statement ot Recomm&nded PraGtlce applSGable lo charllles preparlng thelr financial slatements In accordance with tho FSnan¢lal Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 102). The Trustees, Report contains the Informatlon requlred to bè provlded In the Trustee8' Annual Report under thè Slalemenl of Recommended Practice {SORP) guld8lines. The trustees ofthe company are also charity trustees for th8 purpose of charfty law and under the company's constltution are known as members of the board of trustees, In thls report the Iruslees of Hom&Slart Newry & Mourne pres8nl a summary of Its purpose, govornance, activiti8s, achievements and finances for the financial year 31 March 2024, The company is a reglstered charlly and hence the report and results are presented In a form whlch complles wlth the requlremenls of the Companies Act 2006 and, aKhough nol Dbliged to comply wtth the Slatemenl of Recommended Practice applicable In the UK and Republlc of Ireland FRS 102, the organlsallon has1mplemented Its recommendation8 where relevant In these financial statements. M1561on. Objectlves and Stratogy Mlsgion Statement The vision of Homo-slart Is for av&ry parant lo have the support they need lo give their children th8 best start In Ilf8. The mlsslon Is lo provlde volunteer led support, friendship and practlcal help to famllles wllh young people In the local communlly, Home-slart offer one to one personalised Support for parents ￿th Children under flve, reaching out to families at risk of 80dal @xdusion, induding those who do not engage wilh other seNlce8. The objects of the charity 8re to offer regular Support, frlendshlp 2nd practical help to famllles {wlth al least one pr￿chOol child) by visltlng them In Ihelr own home, helplng to prevenl famlly crlsls and breakdown and emphasising the pleasure of famlly Ilfe. Tralned volunteers are placed alongside parents to; Provide tallored support lo the Indlvidual needs of each famSly for as long as the family n8ed= Encourage wider social and suppori networks and opportunlties for incre888d engaggment In communlty Ilfe. Offer cholces for parents and their children and opportunities for th8ir voices tcl be haard: Offer consistent adult rol8 models for parent8 and their chlldren from other adults who care., Structure, Governance and Management Structure Home-slart Newry & Maurne 18 a ch8fitable company Ilmlled by guarantee whkh was Incorporated In 2005. The company is governed by its Mèmorandum and Articles of Asso¢lallon. The company has been granted charltable status by HM Revenue & Customs and accordlngly Is exempl from certain taxes. The company Is also registered with the Northern Ireland Charity Commission NIC 106050. Governance The board of Trustees comprl8Ès 8 tTUSte98 who brlng a range of experlence from the private, public and volunl8ry sÉctor8. Th& managament of th8 wwpany is the responslbSllly of the Trust8@s who are electÈd and co-oplgd under tha lems of the Articles of Associatlon, The Trustees are appointed foran initial 3 year period whlch may be extended, The board meets 8 times a year. New board mamb8rs recélve comprah6nsive Induction Iralnlng and guldan¢e on respon8ibilili&s as charity Irustea8 and company dlrectors. The board of IfU8tees de18gale the day to day management of the Charity lo the Manager who reporls to the Board, Home-start Newry & Mourna IA cornpany Ilmlted by guarantee, not having a Sha￿ capltall TRUSTEES, ANNUAL REPORT for the financial year ended 31 M8r¢h 2024 Revlew of Activities, Achievements and Performance All prol8cls have mel andlor 6xceeded the established targets, Hlghllghls Include:. 1090 children supported 832 familie8 8UPPOrted 323 rgf8rrals for support 15 new voluntesrs Iralned Continued development of unique reportlng system Received very positfve extemal quolily evaluatlon of syslems 8nd processes Seaured additional funding to run parenting programmes Financlal Results At the end of the finanGlal year the company has assels of £92,390 (2023 - £98,926) and IlabSllt16s of £73,120 (2023 - £23,080). The net assets of Ihe company have decreased by £{56,576). These accounts have be.en prepared on thè going con¢8rn basls. The company is dependBnl on external funding and fundrai8ing in order to conlinue lo meet Its day to day runnlng costs. Thg Ifnanelal statoments do not Include the adju8tmenls thatwould result ifthe company was unable to contlnue as a golng concern. After revIe￿ng the companys foracasls, plans and financial projections, the directors have a reasonable expectation that the company has adequate resources lo continue In operalional existènce lor the foreseeable fulLsre. The company Iher6for6 conlinues to adopt the golng concern basis Sn preparlng Ils financlal Stalgments. Reserves Position and Policy The Trustees have eslablished thal reseNes Should be a mlnlmum of 3-4 month's wnnlng Gosts and a maxlmum of 6 month's runnlng costs. They be5i&ve that this18vel of reserves would enable Home-start Newry & Moume lo meet the aims and objectives on a short term and song term basis. Thi8 would also provide for Linanticipated shortfalls in income and cover costs such as staff slckness, delays In recewing granls, moving premises or other unplanned events. The board of trust8as Is commltted lo ensurlng that th8 charity continue to deliver the same level of engagement wlth familles Ih need of support, lo ensure fundlng Is secur6d to dellver the senrlc88 and10 888k oppotiunllles to expand Ihe level of seNice8 prO￿ded across the local reglon. Tru$t88S The trustees who servèd throughout the financial year, except 8s noted, were as follows: Margaret Trainor Gloria Dodds Conn Mulholland Ann Lowry Catherine Lynch Cllve Power Charles Graham Calhgrfne Klnkald In accordance with the Constitution, the trustees retire by rotrallon and, belng ellglble, offer themselves for re-election. Th6 Gecrelary who sèNed during th9 financlal year was: Bevin O'Hare Staff Tralnlng and Dovolopment Home-slart Is committed to and uiidertakes regular good communication and consultation with slaff on work rnatlers and on m8tlers of Interest, The Manager meots formally and infonnally with staff on a regular basis. Slaff are consulted formally on all issues or mallers that may affecl their interests. The Inlerlm and annual staff appraisal process ar8 a key element of thls communication. Pay Pollcy for Senior Staff All staff are appointed on pay scales sel by the National Jolnt Counc(l (NJC). Cost of living ri88s are applied according to those set nationally, Staff job descriptions ere revlewed annllally as a key element of tha staff annual appraisal process. Home.Start Newry & Mourne {A company Ilmlted by guarantee, not havlng a share ¢apltal) TRUSTEES, ANNUAL REPORT for the flnandal ygar ended 31 March 2024 Compllance wlth Sector-wlde Leglslatlon and Standards The company engages pro-actively with legislation, standards and codes which are developed for the 58Ctor. Home- Start N8wry & Mourne subscrib8s lo and Is Gompllant with the following: The Companies Act 20( Tha Charltlès SORP (FRS 102) Approved by the Board of Trustees on 17 Decembgr 2024 and slgnèd on Its behalf by. Conn Mulholland Trustea Home.Start Newry & Mourne IA company Ilmlted hy guarantee. not havlng a share capltall STATEMENT OF TRUSTEES, RESPONSIBILITIES for th9 financial year ended 31 March 2024 Th8 tru81ees, who are also dlreclors of Home-start Newry & Moume for the purposes of company law, are ro8ponslble for preparing the fSnancial slalements In accordan¢a wllh applicabl8 law and regulations, Company law r8qulres the twsl8os as the directors to prepare financlal stalaments for aach financial yoar. Under th81 law the truslee5 have 8lecled to prepara Ihe financi81 slalements In accordance wilh Unlt&d Kingdom GenerBIIy Accepled Accounting Pract1ce (Unlted Kingdom Accounting Standards and applicable law) Includlng FRS102 "The Financlal R6POrting Stand8rd applicable In the UK and Republlc of Ireland. Under company law tho trustees must not approv8 Ihe flnanclal statements unless they are satisfied that they glve a true and falr vlew of the $18te of affairs of tho comp8ny and of Ihe net Income or axpendilure of the company for that P9rlod, In preparing these financlal glalements, the trustee8 are r@qu5red to: select sultable accounting policles and apply them consistently: make Judgements and e81imales that are roasonable and prudenl., 8tate whether the flnancial slat8ments have b8en prepared In accordan¢e wlth the rglavant financlal reporting framewoth, identify those standards, and note the effecl and the roa50ns for any material departur8 from Ih08e standards,. and prepare th8 financia5 statements on the going eoncem basss unless It Is Inapproprlate to presume that the company wlll continue In oper8110n. The trustees confirm thal they have complled wlth th& abovg r4uirements in preparing the financial slataments. The twstees are responslble for k6eping adequate a¢counting records th81 are sufficient to show and explaln the company's transactions and dlsclose with reasonable accuracy al any tlme the financlal posltlon of the company and enable them to ensure that the financial stat&ment8 comply wilh the Companie8 Act 2006. They ara also responsibl8 for safeguarding the ossels of the company and henco for taking reasonable steps for Ihe prevenllon and delgclion ol fraud and othor Irr8gulaNtig8, Approved by the Board of Trugtees on 17 Decembor 2024 and slgned on its behalf by: Conn Mulholl Trustee Home-start Newry & Mourne {A company Ilmltèd by guarantee, nol havlng a share capltall INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF HOME-START NEWRY & MOURNE We have examlned the fln8ncial stalemenls ofthe company forthe financlal year ended 21 March 2024, which comprise the Statement of Financial Acllvitles {IncorporatSng an Income and ExpenditUTe Account). the Balance Sheet and the related notes. Thig raport Is made solely to the company's members, a5 a body, in accord8nce with Chapter 3 of Part 18 of the Companles Act 2008. Our work has been undertaken so that we mlght compi18 thè financial slelements that we havè b8en engaged lo compile, report to the Board ofTrustees that we have donè SD, and stale thos& matters that W6 have agreed to sl4lte lo Ihem In Ihls report and for no other purpose. To thè fullèst extant permitted by law, we do not ac¢epl or assume re$ponsiblllty to anyone other than the oomp8ny and tha company's members, as a body, for our work, or for thls report. Respectlvè ro8ponslbllltle8 of truste08 and examlner The company's IrtJ8tees (who are also the directors of Ihe company for the purposes of Gompany law) are rosponsible for the preparatlDn of the finaM¢lal statements in acGordance wSth the requlremenls of the Companies Act 2QO8, The company's trustees Gonslder thal an audil is not requlrèd for Ihls financial year under Chaptèr 3 of Part 16 of the Companies Act 2006 and Ihal an independent examlnatlon15 required. It is our responsibllily to,, 8xamine the flnanclal statements under sectlon 65 of tho Charlties Act., follow the procedures lald down by the general Dlrectlons given by the Charlty Commlsslon for Northern Iraland under section 65{91{b) of Ihe Charltl8s Act,, and state whelher particular matters have come lo our attention. Bas18 of Indopendent examlnerfs report W6 have examlned your Gompany financial slalgments as requlred under section 65 of the Charllles Act and our examinallon wa8 carried Dut in accordance with the general Directions giv8n by Ihe Charlty Commission for Northern Ireland under s8clion 65(9)(bl of the Charllies Act, An examination includgs a review of the accounting records kept by the company and a comparlson of the financial slatetnent8 presented wlth those records. It a180 includes ¢onslderalion of any unusual11gms or disclosures in the financial stalements and seeklng explanations from the trLJStees concerning any such mallers. The procedur8s undertaken do nol provlde all the evidence that would be requlred in an audit and consequently no opinion is glv8n as lo whether the accounts present a 'tii18 amd fairf vlew and the report is limi18d to Ih08e matters $81 out In the statement below, In conn8Ctlon wllh our examination, no matter has come lo our attention which gives us cause to believe that in, any material respecL' accounting records were not kopt In acGordance wllh section 386 of the Companles A¢t 2CQ6 the financial stal8ments do not accord wllh those accounting records the financlal stalemenls have not been prepared in accordance wlth the accounting requirements of S￿lI0n 396 of tha Companles Act 2008 and wilh the m8thods and principles oflhe Statement of Recommènded Practice applicable to charltles preparing th8ir accounls in accordance wlth the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS102) there is furthèr informallon needed for a proper understandlng of the accounts to bè reached. Independent examlnels statement We have no concern8 and have come across no olher mallers In connection ￿th the examlnatlon to which attention should be drawn in thls report In order to enable 8 proper understandlng of the financial statements to be rèached. Aidan Malone Malone Accounting 12 Causeway Road NEWCASTLE Down BT33 ODL Northern Ireland Datè: 17 Decèmber 2024 Home~Start Newry & Mourne IA company limiled by guaranteg, not havlng a 8harn capltall STATEMENT OF FINANCIAL ACTIVITIES Ilncorporaling an Income and Exp8nditure Acoountl for the financlal year ended 31 March 2024 Unrestricted Restrlcted Funds Funds 2024 2024 Total Unrestrlcted ReslrlGted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Notes Income Charllable aclivltles Grants from gov6rnments and other co-fundèis Other tradlng actlvltles 4B,451 285,408 313,859 58,489 297,807 356,276 49,029 49,039 52,120 52,12Q Total Incom8 97,490 265,408 362,898 110.589 297,807 408,396 Expendlture Raislng funds Charftable aclivlti6S 47,104 91,269 47,104 372.400 38,288 75,812 36,268 368,749 281,131 292,937 Total Expendlture 138,373 2B1,131 419,504 112,Q80 292,937 405,017 Net Incomell8xponditure) (40,883) {15,723) {56,6061 (1,491) 4,870 3,379 Transfers between funds 508 (478) 30 4,474 (4,474) Net movement In funds for the fltianclaS year (40,3751 (16,2011 {56,576) 2.983 398 3,379 Reconciliatlon of funds: Total funds beginnlng of the year 12 20,440 55,406 75,846 17,457 55,010 72,467 Total funds at th8 end of the year 119,935} 39,205 19,270 20,440 55,408 75,846 The Statement of Flnancial Aclivilies Includes all galns and losses r8cognised In the financlal year. All income and expenditLtre relate to continuing activities, The not88 Dn pages 1110 16 lonn part of flnanclal stalemenis Home-start Newry & Mourne {A company Ilmlted by guarantee, not having a share capllall Company Number., N1054646 BALANCE SHEET as at 31 March 2024 2024 2023 Notes Curront Asset8 Oeblors Cash at bank and in hand 27,363 65,027 4,880 94,066 92,390 98,926 Credltors: Amounts falllng due wlthin onè year 10 {73,120) {23,080} Net Current A88ets 19,270 75,846 Total A88ets less Currant Llabilities 19,270 75,846 Funds Restricted Irust funds General fund {unrestric16d) 39,205 119,9351 55,406 20,440 Total funds 12 19,270 75,848 These financial statements have been prepared In accordance with th8 spéclal provislon5 relallng to small companl6s wilhln Part 15 ofthe Companles Act 2006, For Ihe financial year ended 31 March 2024 the company was enlllled to exemption from audlt under secllon 477 of the Companies Act 2006. and no notice has been deposited under section 476. Tho trustees confirm that the members have not requir8d the company to obtaln an audit of its financial statements for the financial year in question in accordance wilh secllon 476 ofthe Companies Act 20￿. The trustees acknowledge thelr responsibililles for on8urlng that th8 company keeps accountlng records which comply wllh secllon 386 and for prepar5ng flnanclal slalements whlch glve a twe and falr vlew of the slat8 of affalrs of Ihe company as at the end of the financial year and of it8 profll and loss for the finaiicial year in accordanc6 wlth the requlrements of section8 3S4 and 395 and which oth6nNise comply with the requlr8ments of the Companles Act 2006 relating lo financial slat@m8nls. so far as appllcable to the ¢offlpany. Approved by thè Board of TNstees and authorlsed for issue on 17 December 2024 and 51gnod Dn Its bèhalf by Conn Mulhol Trustee The notes on pages 1110 16 lotm part of the flnanclal slalÈMenls io