HOl￿E-sTART NORTH BELFAST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
( A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL)
COMPANY REGISTRATION NUMBER N1067397
CHARITY REGISTRATION NUMBER N1106103
O'HARA SHEARER
CHARTERED ACCOUNTANTS AND STATUTORY AUDITORS
547 FALLS ROAD
BELFAST
BTII 9AB

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
CONTENTS
Page
Members and Professional Advisors
Trustees Annual Report
(including the Statement of Trustees Responsibilities
in respect of financial statements)
2ato2e&Page3
Report of the Independent Examiners to the Trustees,
Accounting Policies
Statement of Financial Activities (incorporating the income and expenditure
account)
Balance Sheet
Notes to the Financial Statements
10-15

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
OFFICERS AND OTHER INFORMATION
Directors,
Dr David Keenan (Chairperson)
Judith Wylie (Treasurer) (To be Appointed)
Judith Woods (To be Appointed)
Janet Mccrellis
Dr Paul Joseph-Richard (To be AppoÉnted)
Scheme Manaaer
Paula Scott
Registered Office
Jolly Roger Complex
85 Alliance Road
Belfast, BT14 7JE
Independent Examiners
O'Hara Shearer
Chartered Accountants
and Statutory Auditors
547 Falls Road
Belfast. BTI19AB
Solicitors
Magennis and Creighton
572 Shore Road
Newtownabbey, BT37 OSL
Bankers
Ulster Bank Limited
Antrim Road Branch
3931395 Antrim Road
Belf&st, BT15 3BG
Company Registration Number
NI 067397
Charity Commission Northern Ireland
NIC 106103
Charity Registration Number
XR 34494
Page I

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023
REPORT OF THE DIRECTORS
The directors present their report together with the audited financial statements for the year ended
3 1st March 2023.
INCORPORATION
The company was incorporated on the 4th December 2007.
PRINCIPAL ACTIVITIES AND BUSINESS REVIEW
The principal activities of the organisation are to provide in North BelfasL SUPPOrt in practical
and emotional fonns, to parents of pre-school children, who may be experiencing difficulties
in their family situation.
The directors consider the perforniance of the company during the period and its position at the year end
to be satisfactory.
RESULTS
The profit of the company for the year ended 3 1st March 2023 was £4,159 and was all
attributed to the principal activity.
INDEPENDENT EXAMINERS
The independent examiner's, O'Hara Shearer, Chartered Accountants & Statutory Auditors have
expressed their willingness to continue in office and a resolution, will be proposed at the Annual Genera
Meeting in accordance with Section 485 of the Companies Act 2006.
SMALL COMPANY EXEMPTIONS
This report has been prepared in accordance with the special provisions for small companies
under Part 15 of the Companies Act 2006.
BY ORDER OF THE BOARD
RDA
D KEENAN
CHAIRPERSOIY
DATE: 25th October 2023
Page 2

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees, are responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable law and regulations.
Company Law requires the trustees, to prepare financial statements for each financial year.
The Trustees, who are also directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 3 1st March 2023. The Tnjstees confim) that they
comply with the requirements of the Charities Act (Northern Ireland) 2008 and Accounting and Reporting
by Charities- Statement of Recommended Practice which applies to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effective l January 2015).
Under company law the directors must not approve the financial statements unless they are satisfied
that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of
the company for that period. In preparing those financial statements, the directors are required to:
select suitable accounting policies and then apply them consistently.
- make judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show
and explain the company's transactions and disclose with reasonable accuracy at any time the financial
position ofthe company and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the directors are aware:
there is no relevant inforniation of which the company's independent examiner is unaware. and
the directors have taken all steps that they ought to have taken to make themselves aware
of any relevant inforn]ation and to establish that the independent examiner is aware of that inforniation.
By orde
KEENAN
DIRECTOR
DATE 25th October 2023
Page 3

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
Independent Examiner's Report to the Trustees of Home-start North Belfast
I report on the accounts of the company for the year ended 31 st March 2023 which are set out on pages I to 15.
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 of the accounts in accordance with the requirements of the 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 65(9)(b) of the Charities Act- and
state whether particular matters have come to my attention.
Basis of independent ¢Xgminer'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 examinatiOTL 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 seekints explanation5 from you as charity trnstees
concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
l. 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 accountints 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 Siatement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reportinty 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 examiner's statement
I have
ompleted my examination and have no concerns in respect of the matters {1) to (4) listed above and, in
connect
on with following the Directions of the Charity Commission for Northern Ireland. I have found no
hat require draw
to your attention.
matters
LAWRENCE SHEARER F.C.A., Senior Statutory Auditor
FOR AND ON BEHALF OF O'HARA SHEAREIL Statutory Auditor
O'HARA SHEARER
CHARTERED ACCOUNTANTS
AND STATUTORY AUDITORS
547 Falls Road
Belfast
BTI19AB
Dated: 25th October 2023
Page 4

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF ACCOUNTING POLICIES
Accounting Convention and Basis of Accounting
The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard which applies in the UK and Republic of Ireland (FRS 102)
(effective l January 2015) - (Charities SOIIP (FRS 102)), the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Income Recognition
Income is recognised when the Charity has entitlement to the funds, any perforn]ance conditions attached
to the item{s) of income have been meL it is probable that the income will be received and the amount
can be measured reliably.
Interest Receivable
Interest on funds held is included when receivable and the amount can be measured reliably; this is
nomially upon notification of the interest paid or payable by the Bank.
Resources Expended
All expenditure is accounted for on an accruals basis and is classified under headings that aggregate all
costs related to the category.
Fundraising costs include the costs of advertising, producing publications, printing and mailing fundraising
material, and staff costs in these areas.
Costs of charitable activities include direct expenditure incurred through operational activities.
Governance costs represent the costs associated with the governance arrangements of the charity which
relate to the general running of the charity as opposed to those costs associated with fundraising or
charitable activity.
Fixed Assets
All tangible fixed assets are recorded at cost.
Page 5

HOME-START NORTH BELFAST
FINANCIAL STATEMEI¥TS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF ACCOUNTING POLICIES
Continued
Depreciation
Depreciation is calculated to write off the cost of fixed assets over their estimated useful lives
at the following rates:
Office equipment
20 % residual value
Repairs and Renewals
All repairs and renewals are written off as Incu￿ed
Pension Costs
The charity does currently operate a pension scheme.
Debtors and Prepayments
Trade debtors and other debtors are recognised at the settlement amount due after any discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at
their settlement amount after allowing for any trade discounts due.
Financial Instruments
The Charity 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 at their settlement value with the exception of bank loans which are subsequently measured at
amortised cost using the effective interest method.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate
of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving
at the net movement in funds.
Page 6

HOME-START NORTH BELFAST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
STATEMENT OF AccouNfING POLICIES
Continued
Fund Accounting
Unrestricted funds are general funds that are available for use at the Trustees, discretion in furtherance of
the objectives of the charity.
Designated funds are unrestricted funds set aside by the trustees out of unrestricted funds for specific
future purposes.
Restricted funds are those given for use in a particular area OT for specific purpO￿S, the use of which is
restricted to that area or purpose.
The income received from funde[5 depends on the charity meeting detailed criteria on expenses plans.
Grants given under such conditions are also given subject to them being obtained for in connection with the furtherance of th¢
charity's aims and objectives.
Such income can be repayable to the funder if such expenses plans and criteria are not met.
Such incotne is only deferred when the donor specifies that the grantldonation must only be used in future accounting peTiods'
or tlie donor has imposed conditions which must be met before the charity has unconditional entitleTnent.
Incorne frotn charitable activities includes incorne received under contract or where entitlement to grant funding is subject
to specific performance conditions is recognised as earned as the related goodslservices are provided.
Grant income included in this category provides funding to support perfonnance activities and is recognised where
there is entitlement, certainty of receipt and the amount can be measured with sutTicient reliability.
Income is deferred when: feeslp¢rforniance related grants are received in advance of the perforniance/event to
which they relate.
Reserves Policy
Unrestricted funds are needed to provide funds which can be applied to specific projects to enable
these projects to be undertaken at short notice and to cover the running costs of the Charity for a limited
period, should there be a significant shortfall in projected income.
Page 7

HOINIE-ST.4RT NORTH BELFAST
STATEINIENT OF FINI A.NCI.4L AcfiN"ITIES
ratin
the ineomt and ex
FOR THE I EAR EINDED 31ST,NI.4RCH 2023
incor
eNditure aecount
I'nrestrieted Restricted EndownmeDt TOTAL TOTAL
Funds
Funds
Fund$
2023
2022
NOTES
INCOk￿lE AND ENDOWNI¥IENTS FROIM:
Donations and leg#¢ie5
Income frotn inve5knents
Income from charitable aetivitics
Income from other trading aetivities
44
59.460
8,129
59,460
7,129
34.156
20,483
TOTAL INCO￿lE AND ENDO1VIN￿lENTs
66J89
67.633
54.640
EXPENDITURE ON:
Expenditure on raising funds
Expenditure on ch8ritable activitics
Other expenditure
Net gainsl(losses) on investments
158
6i,316
63.474
52,024
TOTAL RESOURCES EXPENDED
158
63.316
63,474
52,024
NET INCOfvIEIIEXPEP4DITURE)
3,273
4,159
2.616
Transfers between funds
3,273
(3.273)
NET tIIOVEfvIENT IN FUNDS
4.159
4.159
2.616
RECONCILIATiof+l OF FUNDS
TOTAL FUNDS BROUCHT FORITr ARD
16.221
16,221
13,605
TOTAL FUNDS CARRIED FORWARD
20J8Q
20J80
16.221
The Statement of Firtanei*l Aftivities includes all gain$ losses in the year and therefore *
Statement of Total Reeognised G*iTrs and Losses has Ilot b¢eD prepared
All tsf the above amollnts relate to continuing activities
The a¢¢ompanying poli¢its And the DDtts form p4rt otthest financial state￿ents
Page 8

HOME-START NORTH BELFAST
BALANCE SHEET
AS AT 31ST MARCH 2023
2023
2022
NOTES
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors and prepayments
Cash at bank
Cash on deposit
Cash in hand
577
11,123
10,137
56
566
20,114
10,092
56
21,893
30,828
Creditors: amounts falling due within one year
12
(1,513) (14,607)
NET CURRENT ASSETSI(LIABILITIES)
20,380
16,221
TOTAL ASSETS LESS CURRENT ASSETS/( LIABILITIES )
20,380
16,221
Creditors: amounts falling due after more than one year
NET ASSETSI(LIABILITIES)
20J80
16,221
FUNDS:
ENDOWNMENT FUNDS
UNRESTRICTED INCOME FUNDS
14
20J80
16,221
RESTRICTED INCOME FUNDS
15
20J80
16,221
These fin
and
sta
ents were approved by the Trustees on 25th October 2023
their beh
DR DAVID KEENAN
DIRECTOR
DATE 25th October 2023
Tbe accompanying accounting policies and notes form part of these fillaneial ststements
Page 9

HOME-START NORTH BELFAST
NOTES TO THE FINANCIAL STATEI¥IENTS
FOR THE YEAR ENDED 31ST MARCH 2023
I. DONATIONS AND LEGACIES
Unrestricied Restrieted
Funds
Funds
Unrestricted Restricted
Funds
Funds
2023
2022
Donations
Legacics
2. INCOME FROM INVESTMENTS
Unrestricted Re$tri¢led
Funds
Funds
Unrestricted Restricted
Funds
Funds
2023
2022
Income from UK lisled investmenls
Incotne from cash
3. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
Funds
Fllnds
Unrestricted Restricted
Funds
Fund5
2023
2022
Belfast Health & Social Care Trust
BBC Children in Need
Lloyds TSB Foundation for Northern Ircland
Awards for All
Belfast City Council
Bombardier Foundation
Enkalon Foundation
Cool FM Cash for Kids Charity
DFC Voluntcer Now
Halif&x Foundation
Hotnc-start UK - Volant Garden Pmject
34,034
34,034
32,641
32,641
5.485
5.485
9,950
9,950
10.420
10,420
1.521
8.000
1,521
8,000
4,700
4,700
Less.. Deferred Income (See Ivrtv 10)
(13,135) (13,135)
59.460
59.460
34,156
34.156
4. INCOME FROM OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
Unrestricted Restricted
Funds
Fllnds
2023
2022
Fundraising
7,129
8,129
5,537
14,946
20,483
Insurance monies receivable
Less.. Deferred Income
1.000
7.129
8.129
5.537
14,946
20,483
Page 10

HOME-START NORTH BELFAST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EINDED 31ST IMARCH 2023
5. EXPENDITURE ON RAISING FUNDS
Unrestrieted Restricted
Funds
Funds
Unrestricted Restricted
Fund5
Funds
2023
2022
Promotional and fundraising costs
6. EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricted Restrieted
Funds
Funds
Unrestricted Restricted
Funds
Funds
2023
2022
Wages and salarics (See Note 8)
Social security costs (See Noie 8)
Repairs and office maintenance
Printing, postage and staiionery
Staff travel & subsisten¢¢
Family support Costs
Volunteer recnJitmen¢ training and ex￿nseS
Sundry expenses
Event Costs
41,497
727
120
121
715
10,547
796
41.497
727
120
33,956
740
33,956
740
826
3,402
5,253
768
826
3,402
5.253
768
715
10,547
796
,291
,291
55.814
55.814
44,945
44.945
Support Costs and Governance costs
Staff and committee training
Telephone and internct
Rent and service ¢harges
Insurance
Accountancy fees
Other professional fees
Subscriptions and licences
Bank interest and Charges
400
639
2,280
1.327
630
1.594
30
400
639
2,280
1.327
630
1.594
30
179
666
2.880
929
660
2,337
30
666
2.880
929
660
2,337
30
158
158
179
is8
7502
179
6,900
7,079
TOTAL EXPENDITURE ON CHARITABLE AcfiviTIES
6JJ16
63.474
179
51,845
52,024
Pagell

HOME-START NORTH BELFAST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
7. NET (OUTGOING)I INCOMING RESOURCES FOR THE YEAR
This is stated after charging/(erediting)
2023
2022
Independent examiners remuneration
Depreciation
660
630
8. SALARY COSTS AND EMOLUMENTS
2023
2022
Total staff costs were as follows:
Wages and salaries - key management personnel
Wages and salaries - other staff
Staff pension costs
Employer social security costs - key management personnel
Employer social security costs - other staff
Employer social security costs - Employment Allowance
24,419
17,078
727
2,291
24,738
9,218
740
2,193
(2,291)
(2,193)
42,224
34,696
The average monthly number of employees during the year was as follows:
2023
Number
2022
Number
No employees had emoluments in excess of £60,000 (2022: £Nil)
Trustees, remuneration and benefits
There was no trustees, remuneration or other benefits for the year ended 31 st March 2023. (2022: £Nil)
Trustees, Expenses
There were no trustees, expenses paid for the year ended 31 st March 2023. (2022: £Nil)
Page 12

HOME-START NORTH BELFAST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
9. TANGIBLE FIXED ASSETS
Office
Equipment
Total
COST
As at 1st April 2022
Additions
Disposals
As at 3 Est March 2023
DEPRECIATION
As at 1st April 2022
Charge for year
Eliminated on disposal
As at 3 1st March 2023
Net book value 2023
Net l)ook value 2022
Unrestricted Restricted
Funds
Funds
10. DEFERRED INCOME
2023
2022
Belfast Health & Social Care Trust
BBC Children in Need
Lloyds TSB Foundation for Northern Ireland
Awards for All
Belfast City Council
Bombardier Foundation
Enkalon Foundation
Henderson Wholesale
St Anne's Deans Sit-out
Halifax Foundation
Iron Man Competition
Covid Recovery Fund
Home Start UK - Caring for Families
Home Start UK - Pears
Donations
5,485
1,521
2,719
3,410
13,135
Page 13

HOME-START NORTH BELFAST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Debtors
Prepayments
381
196
381
185
577
566
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Social security costs and other taxes
Accrued expenses
Deferred income (See Note 10)
530
983
561
911
13,135
1,513 14,607
13. MOVEMENT IN FUNDS
Opening Net Movement
Balance
in Funds
2023
2022
Unrestricted Income Funds
General fund
16,221
4,159
20,380 16,221
16,221
4,159
20,380 16,221
Opening Net Movement
Balance
in Funds
2023
2022
Restricted Income Funds
General fund
Page 14

HOME-START NORTH BELFAST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
14. UNRESTRICTED INCOME FUNDS
2023
2022
Balance at 1st April 2022
16,221
10,084
Incoming resources for the year
Resources expended for the year
Transfers between funds
1,044
(158)
3,273
5,538
(179)
778
Balance at 31 st March 2023
20.380
16,221
15. RESTRICTED INCOME FUNDS
2023
2022
Balance at 1st April 2022
3,521
Incoming resources for the year
Resources expended for the year
Transfers between funds
66,589
49,102
(63,316) (51,845)
(3,273)
(778)
Balance at 3 1st March 2023
16. LEGAL STATUS
Home-start North Belfast is a Company Limited by Guarantee. Each member has agreed to
contribute £1 in the event of a compulsory winding up.
Home-start North Belfast is a recognised Charity within the definition
of Section 360(3) Income and Corporation Taxes Act 1970 by the Commissioners of the Inland Revenue.
Home-start North Belfast is a Charity registered with The Charity Commission for Northern Ireland.
Charity Number 106103. Date of Registration I Ith April 2017.
Page 15