REGISTERED COMPANY NUMBER: N1054548 (Northern Ireland) Report of the Trustees and Financial Statements for the Year Ended 31 March 2023 for HOME-START DOWN DISTRICT M.B.Mc Grady & Co Chartered Accountants Statutory Auditors Rathmore House 52 St Patricks Avenue Downpatrick Co. Down BT30 6DS
HOME-START DOWN DISTIUCT Coiitents of the Financial Statements FOR THE YEAR ENDED 31 IIIARCH 2023 Page Report of the Trustees Report of the Indepey)d¢nt Auditors Statement of Financial Activitie5 io Balanee Sheet Notes to the Financial Statements 12 to 18
HOME-START DOWN DISTRICT Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the fanCIal statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK Ond Republic of Ireland (FRS 102} (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims We have referred to the guidance contained in the Charity Cornmi5sion's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. The objects of the charity are: to safeguard, protect and preserve the good health both mental and physical of children and parents of Children. to prevent crnelty to or maltreatment of children. to relieve sickness, poverty and need amongst children and parents of children; to promote the education of the public in better standards of chtldcare. within the area of the Down District and its environs. Signifieant activities This has been another record breaking year in Home Start Down District. Over 300 families were supported by Home-start. In 1990 the figui'e was 147 families supported and this gives a clear indication of the growth over this period, even despite the Thd]ng crisis and the austerity climate in which we now live. Home-start activities fit very well with the agenda of the Government, focusing on preventative work with families. Our comprehensive monitoring and evaluation system allows us to demonstrate the many benefits of Home-start support. The figures and other data collected in this way have been given to the Government, allowing them to see the type of support we give to families across Down District, as well as the needs identified. Although it is over 40 years stnce the very fst Home-start opened ils doors, it is clear that it is every bit as relevant today as it was then. A detailed review of our achievements and performance can be found within our Ilnnual Report. Public benefit The trustees are confident that the charitable aims of Home-start Down District satisfy the principles of public benefit as defmed in the Charities Act. They have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning its fitture activities. How the charity activities deliver public benefit The charitable activities focus on meeting the needs of children and parents of children, and are undertaken to further the charitable purposes for the public benefit. Social isolation, parental low self-esteem, families coping with mental health problems and children's behavioural problems are issues identified in families of all ages, regions, countries and societies. Equal access to services is an important issue. Home-start Down District has an equal opportunkty policy and diversity statement, which ensures that it has a culttTre, which is reinforced via a robust training prograin, which ensures equality of access to its services by gender, disability and sexual orientation. The trustees believe equal access to its services is vital to its success, and that success1 outcomes must be shared by all communities that use its services. FINANCIAL REVIEW Principal funding sources The principal funding sources for the ch'lty are currently by way of grant and contract income as set out in notes 2 to 6 in the accounts. As a result of increasing constraints on central governments and local authority expenditure, the charity has to seek funding from a much broader group of agencies.
HOME-START DOWN DISTRICT Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 FINANCIAL REVIEW Investment policy and objectives A clear objective is to put operating surpluses into reserves eacli year, however this has proved impossible in the past few years foi. the reason expressed above. Having considered the options available, the Trustees have decided that any reserves should be invested in secure bank deposits. The Trustees consider the overall retum on deposit accounts to be disappointing, but are not willing to place valuable resources in riskier investments. Reserves policy The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy wliereby the unrestricted ndS not committed or invested in tangible fixed assets held by the charity should be b¢tween 6 and 9 months of the expenditure. It is hoped that budgeted expenditure will not exceed that of 2022123, which was approximately £260,000. As at 31 March 2023 the unrestricted reserves of the Charity decreased to £71,078 (2022: £110,344). This is below the policy target of 6-9 months. The Management Committee has been conscious of the major reductions in fmancial support from Government sources for some years now and has been keeping it under constant review. The Charity has been actively engaged with other sources of funding, with some success - so that the Committee has reasonable grounds for optimism that funds will be secured in sufficient amount to enable the work to continue next year. To reiterate the matter is of paramount concern to the Committee and is kept under constant review. The Committee also wishes to emphasis again that the Chai'tty provtdes its services to its client group on a notably cost effective basis and will continue to do so. FUTURE PLANS Service Development - To continue to provide services that meets the needs of families in Down District Campaigning- To influence public policy to respond to the needs and aspirations of families Public profIle -To make the public aware of Home-start and the work that it does Finance -To ensure that Home-start has the income it needs and resources are effectively and accountably managed Physical resources -To ensure Home-start Down District has the premises and other physical resources it needs and these are effectively manag¢d Staff and volunteers -To ensure that Home-start Down District has the volunteers and staff il needs and these volunteers and staff receive the appropriate support, supervision, feedback, training and recognition Governance -To ensure that the governance of Home-start Down District by the management Committee meels the requirements of the law and good practice. The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and Constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
HOME-START DOWN DISTRICT Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 The organisation is a charitable company limited by guarantee, incorporated on 6 April 2005 and registered as a charity on 6 April 2005. The company was established under a Memoranduin of Association which established the objects and powers of the charitable company and is governed under ils Articles of Association. In the event of the company beÈng wound up members are required to contribute an amount not exceeding £1. Hoine-start Down District an unincorpoTated association transferred Its charitable purposes set out in its Constitution to Home-start Down District a company limited by guarantee registered in Northern Ireland under number N1054548 on the 8th September 2005. Recruitment and appointment of new trustee5 The directors of the company are also charity Trustees for the purposes of charity iaw and under the requirements of the Memorandum and Articles of Association one third (or the number nearest one third) of the Trustees must retire at each AGM, those longest in office retiring fwst and the choice between any of equal service being made by drawing lots. A broad mix of business, professional and other skills are well represented on the Management Committee and all Trustees are chosen on the basis of their willingness to serve, ability, governance experience and support of the ethos, mission and philosophy of the organisation. Organisational structure The senior staff of the charity are: Dorothy Mcmullan (Senior Organiser) Imelda Hynds (Ballynahinch Organiser) Sharon Robson (Newcastle Organiser) Induetion and training of new trustees New Trustees are briefed on their legal obligations under charity and company law, the content of the Meinorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial perfonnance of the charity. They meet key employees and other Trustees. The Trustees and management committee are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have a risk management strategy which comprises: an annual review of the risks the charity may face. the establishment of systems and procedures to mitigate those risks identified in the plan. and the implelnentation of procedures designed to minimise any potential impact on the charity should those risks materialise. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1054548 (Northern Ireland) Registered Charity number XR87094 Registered office OtTices 14-15, Innovation House Down Business Park 46 Belfast Road, Downpatrick Co. Down BT30 9UP
HOME-START DOWN DISTRICT Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 Trustees Mrs M Kearney Director R P Smith Retired Mrs F I Crory Retired D Mcgregor Legal Advisor Ms B Owens Retired teacher M Walls CharÉty Manager (resigned 181512023) Company Secretary Ms B Owens Auditors M.B.M¢ Grady & Co Chartered Accountants Stathtory Auditor5 Rathmoi'e House 52 St Patricks Avenue Downpatrick Co. Down BT30 6DS STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Home-start Dowi District for the purposes of company law) are responsible for preparing the Report of the Trustees and the fancial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GeTherally Accepted Accounting Practice). Company law requires the trustees to prepare fman¢ial statements for each fmancial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those fmancial statements, the trustees are required to select suitable accounting policies and then apply them consistently. observe the methods and principles in ihe Charity SORP. make judgements and estimates that are reasonable and prudent; prepare the fmancial statements 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 which disclose with reasonable a¢¢ura¢y at any time the fmancial position of the charitable company and to enable them to ensure that the fmancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detectÈon of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audit inforniation of which the charitable company's auditors are unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit inforniation and to establish that the auditors are aware of that inforniation. AUDITORS The auditors, M.B.Mc Grady & Co, will be proposed for re-appointtnent at the forthcoming Annual General Meeting.
HOME-START DOWN DISTRICT Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 This report has been prepared in a¢¢ordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by OTder of the board of trustees on 16 November 2023 and signed on its behalf by: 31 fvJ Mrs F I Crory - Trustee
Report of the Independent Auditors to the Members or Home-St2rt Doivn District Opinion We have audited the financial statements of Home-start Down District (the 'charitable company,) for the year ended 31 March 2023 which comprise the Statement of Financial Activities. the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting P¥actice). In our opinion the ftnancial stat¢ments: give a true and fair view of the state of the charKtable company's affairs as at 31 March 2023 and of its incoming resources and application of resources, including its incorne and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdorn Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK} (ISAS (UK)) and applicable law, Our responsibilities under those standards are further described in the Auditors, responsibklities for the audit of the fmancial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the fmancial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a bosis for our opinion. Conclusion5 relating to going concern In auditing the fmancial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the fmancial statements is appropriate. Based on the work we have perfomled, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the fmancial Statements are authorised for issue. Our responsibilities and the responsibilities of the trustees Wlth respect to going concern are des¢ribed in the relevant sections of this report. Other information The trustees are responsible for the other infonnation. The other infom]ation comprises the inforn]ation included in the Annual Report, other than the fmancial statements and our Report of the Independent Auditors thereon. Our opinion on the fmancial statements does not cover the other infomiation and, except to the extent otherwise explicitly stated in our report, we do not express any forn] of assurance conclusion thereon. In Connection with our audit of the fanCIal statemenls, our responsibility is to l'ead the other inforniation and, in doing so, consider whether the other infom)ation is materially inconsistent with the fmancial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detennine whether this gives rise to a material misstaternent in the fall¢la1 statements themselves. If, based on the work we have perforn]ed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companie5 Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Report of the Trustees for the financial year for which the financial statement5 are prepared is consistent with the fmancial statements. and the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Report ofthe Independent Auditors to the Member5 of Home-start Down Distriet Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audlt, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received froin branches not visited by us. or the fmancial statements are not in agreement with the accounting records and retums. or certain disclosures of trustees, reinuneration specified by law are not Made. or we have not received all the infomiation and explanations we require for our audit. or the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of coinpany law) are responsible for the preparation of the fmancial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of fmancial statements that are free from material misstatement, whether due to fraud or eATOr. In preparing the fmancial statements, the tru5tee5 are responsible for a5se55ing the charitable company's ability to continiie as a going concem, disclosing, as applicable. matters related to going concern and using the going concern basis of accoiinting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do 50.
Report of the Independent Auditors to the Members of Home-start Down District Our responsibilitxes for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the fmancial statement5 as a whole are free from materi21 misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assiirance, but is not a guarantee that an audit Conducted in accordance with ISAS (UK) will always detect a material inisstatement when it exists. Misstateinents can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: The extent to which the audit was considered capable of detecting irregularities including fraud. Our approach to identifying and assessing the risks of material misstatement in respect of Arregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws ond regulations. owe identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the computer component manufacturing and supply sector; we focused on specific laws and regulations which we considered may have a direct material effect on the fll)ancial statements or the operations of the company. including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmenlal and health and safety legislation. we assessed the extent of compliance with the laws and regulations identified above through maklng enquiries of management and inspecting legal correspondence. and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's fmancial statement5 to material misstatement, including obtaining an understanding of how fraud might occur, by: making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud. and considering the intemal controls in place to mitigate risks of fraud and non-cornpliance with laws and regulations. To address the risk of fraud through management bias aThd override of contro15, we: performed analytical procedures to identify any unusual or unexpected relationships. tested journal entries to identify unusual transactions. assessed whether judgements and assumptions made in deterniining the accounting estimates set out in the notes were indicative of potential bias; and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-cornpliance with laws and regulations, we designed procedure5 which included, but were not limited to: agreeing fmancial statement disclosures to underlying supporting documentation. reading the minutes of meetings of those charged with governance. enquiring of manageinent as to actual and potential litigation and claims. and reviewing correspondenc¢ with HMRC. There are inherent litnitations in our audit procedures described above. The more removed that laws and regulations are from fmancial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate Concealment or Collusion. A further description of our responsibilities for the audit of the fmancial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forn15 part of our Report of the Independent Auditors.
Report of the Independent Auditors to the Members of Home-start Down District Use of our report This report is made solely to the charitable company's members, as a body, in a¢¢ordance with Chapter 3 of Part 16 of the Coinpanies Act 2006. Our audit work has been undertaken 50 that we migJ]t state to the charitable company's members those matters we are requkred to state to thein in an auditors, report and for no other pu05e. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Malachy {Senio for and on If of M.B.M Chartered Accountants Statutory Auditors Ratlllnore House 52 St Patricks Avenue Downpatrick Co. Down BT30 6DS ra Statu ory Auditor) &Co 16 Novernber 2023
HOME-START DOWN DISTRICT Statement of Finaneial Aetivities FOR THE YEAR ENDED 31 MARCH 2023 3113123 Total funds 3113122 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 14,066 14,066 16,146 Charitable activities Downpatrick Ballynahinch Newcastle 96,591 43,550 19,130 22,500 140,141 19,130 22,500 120,269 24,730 47,549 Other trading activities Investment income Other income 2,810 127 2,810 127 2,459 12,022 Total 113,594 85,180 198,774 223,176 EXPENDITURE ON Charitable activities Downpatrick Ballynahinch Newcastle 31,999 72,782 48,079 50,150 19,130 37,500 82,149 91,912 85,579 63,180 73,211 69,320 Total 152,860 106,780 259,640 205,711 NET INCOMEI(EXPENDITURE) (39,266) (21,600) (60,866) 17,465 RECONCILIATION OF FUNDS Total funds brought forward 110,344 27,791 138,135 120,670 TOTAL FUNDS CARRIED FORWARD 71,078 6,191 77,269 138,135 The notes forni part of these financial statements io
HOME-START DOWN DISTRICT Balance Sheet 31 MARCH 2023 3113ll3 Total funds 3113122 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets 435 435 576 CURRENT ASSETS Debtors Cash at bank 35,051 70,801 35,051 76,992 38,633 113,872 6,191 105,852 6,191 112,043 152,505 CREDITORS Amounts falling due within one year io (35,209) (35,209) (13,196) NET CURRENT ASSETS 70,643 6,191 76,834 139,309 TOTAL ASSETS LESS CURRENT LIABILITIES 71,078 6,191 77,269 139,885 CREDITORS Amounts falling due after more than one year (1,750) NET ASSETS 71,078 6,191 77,269 138,135 FUNDS Unrestricted fund5 Restricted funds 13 71,078 6,191 110,344 27,791 TOTAL FUNDS 77,269 138,135 These flliancial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 16 November 2023 and were signed on its behalf by: R P Smith - Trustee The notes forn] part of these fll)ancial statements
HOME-START DOWN DISTRICT Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTINC POLICIES Basis of preparing the financial statements The fmanctal statements of the charitable cornpany, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charkties: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Si8ndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical Cost convention. Critical accounting judgements and key sources of estimation uncertainty Estimates and judgtnents made in the process of preparing the fmancial statements are continually evaluated and are based on historical experience and other factors, including expectations of tUe events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judwents made in applying the Charity's accounting policies or that there are any crktical accounting estimates or assumptions which may have a significant risk of causing a material adjustment to canying amounts of assets and liabilities within the next fanCIal year. Income All incoine is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount Can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligatkon committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classifIed under headings that aggregat¢ all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Short leasehold Computer equiprnent 200/0 on cost 200/0 on reducing balance Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds Can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purpose5. Further explanation of the nature and purpose of each fund is included in the notes to the fmancial statements, Foreign curreneie5 Assets and liabilities in foreign currencie5 are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foi'eign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. 12 continued...
HOME-START DOWN DISTIUCT Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023 ACCOUf4TING POLICIES - continued Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable coinpany's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. OTHER TRADING ACTIVITIES 3113123 3113122 Fundraising events 2,810 2,459 INVESTMENT INCOME 3113123 3113122 Deposit account interest 127 NET INCOME/(EXPENDITURE) Net incomel(expendithre) is stated after Chargin(crediting).' 3113123 3113122 Auditors, remuneration Depreciation- owned assets 3,000 141 2,640 144 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. Trustee5' expenses There were no trustees, expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. STAFF COSTS The average monthly number of ernployees during the year was as follows: 3113123 3113122 Organisers Administration Family Group staff No employees received emoluments in excess of £60.000. 13 continued...
HOME-START DOWN DISTRICT Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslrieted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 16,146 16,146 Charitable aetivities Downpatrick Ballynahinch Newcastle 81,536 38,733 24,730 47,549 120,269 24,730 47.549 Other trading activities Investment income Other income 2,459 2,459 12,022 12,022 Yotal 112,164 111,012 223,176 EXPENDITURE ON Charitable activities Downpatrick Ballynahinch Newcastle 37,231 48,481 36,778 25,949 24,730 32,542 63,180 73,211 69,320 Total 122,490 83,221 205,711 NET INCOMEI{EXPENDITURE) (10,326) 27,791 17,465 RECONCILIATIOP4 OF FUNDS Total funds brought forward 120,670 120,670 TOTAL FUNDS CARIUED FORWARD 110,344 27,791 138,135 TANGIBLE FIXED ASSETS Short leasehold Computer equipment Totals COST At l April 2022 and 31 March 2023 7,326 8,369 15,695 DEPRECIATION At l April 2022 Charge for year 7,326 7,793 141 15,119 141 At 31 March 2023 7,326 7,934 15,260 NET BOOK VALUE At 31 March 2023 435 435 At 31 March 2022 576 576 14 continued...
HOME-START DOWN DISTRICT Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2023 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113123 3113122 Other debtors 35,051 38,633 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113123 3113122 Other loans (see note 12) Social security and other taxes Accruals and deferred income 1,750 2,797 30,662 3,000 2,370 7,826 35,209 13,196 ii. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 3113123 3113122 Other loans (see note 12) 1,750 12. LOANS An analysis of the maturity of loans is given below.. 3113123 3113122 Amounts falling due within one year on demand: Other loans 1,750 3,000 Amounts falling between one and two years: Other loans - 1-2 years 1,750 13. MOVEMENT IN FUNDS Net movement in funds At 3113123 At 114n2 Unrestricted fund5 General fund 110,344 (39,266) 71,078 Restricted funds Henjy Smith Charity Community Foundation 6,600 21,191 (6,600) (Is,000) 6,191 27,791 (21,600) 6,191 TOTAL FUNDS 138,135 (60,866) 77,269 15 continued...
HOME-START DOWN DISTRICT Notes to the Financial Statements - contRnued FOR THE YEAR ENDED 31 MARCH 2023 13. MOVEMENT IN FUNDS - Continued Net movement in fund5, included in the above are as follows: Incoming resourees Resourees expended Movement in funds Unrestricted fund5 General fund Garfield Weston Home Start UK 97,594 15,000 1,000 (136,860) (15,000) (1,000) (39,266) 113,594 (152,860} (39,266) Restrieted funds Henry Smith Charity Big Lottery Awards Community Foundation CLEAR Project The Pathway Fund Cash for Kids 33,350 10,000 (39,950) (io,000} (15,000) (6,630) (25,000) (10,200) (6,600) (15,001)) 6,630 25,000 10,200 85,180 (106,780) (21,600) TOTAL FUNDS 198,774 (259,640) (60,866} Comparatives for movement in fund5 Net movement in funds At 3113122 At 114121 Unrestricted funds General fund 120,670 (10,326) 110,344 Restricted funds Henry Smith Charity Community Foundation 6,600 21,191 6,600 21,191 27,791 27,791 TOTAL FUNDS 120,670 17,465 138,135 16 continued...
HOME-START DOWN DISTRICT Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2023 13. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund Brook Tntst 108,164 4,000 (118,490) (4,000) (10,326) 112,164 (122,490) (10,326) Restricted funds Henry Smith Charity Big Lottery Awards Community Foundation CLEAR Project Education Authority County Down Rural Community Network The Pathway Fund Screw Fix 16,500 33,148 23,999 4,984 1,200 1,181 25,000 5.000 (9,900) (33,148) (2,808) (4,984) (1,200) (1,181) (25,000) (5,000) 6,600 21,191 111,012 (83,221) 27,791 TOTAL FUNDS 223,176 (205,711) l7,465 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 3113123 At 114121 Unrestricted funds General fund 120,670 (49,592) 71,078 Restricted funds Community Foundation 6,191 6,191 TOTAL FUNDS 120,670 (43,401) 77,269 17 continued...
HOME-START DOWN DISTRICT Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023 13. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted fund5 General fund Garfield Weston Brook Trust Home Start UK 205,758 15,000 4,000 1,000 (255,350) (15,000) (4,000) (1,000) (49,592) 225,758 {275,350) (49,592) Restricted funds Henry Smith Charity Big Lottery Awards Community Foundation CLEAR Project Education Authority County Down Rural Community Network The Pathway Fund Cash for Kids Screw Fix 49,850 43,148 23,999 11,614 1,200 1,181 50,000 10,200 5,000 (49,850) (43,148) (R7,808) (11,614) (1,200) (1,181) (50,000) (10,200) (5,000) 6,191 196,192 (190,001) 6,191 TOTAL FUNDS 421,950 (465,351) (43,401) 14. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2023. 15. ULTIMATE CONTROLLING PARTY The governance of the charity is carried out collectively by the voluntary directorsltrustees and as such does not have an ultimate controlling party. 16. COMPANY LIMITED BY GUARANTEE The charity is a company limited by guarantee without a Share capital. The liability of the members is limited to an amount not exceeding £1. 18