Charity registration number 1105574
Company registration number 5200713 (England and Wales)
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
Fawley Judge & Easton
Chartered Certified Accountants
1 Parliament Street
Hull
East Yorkshire
HU1 2AS
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Pamela Owen
Sam McGaw
Emma Pickering
Lorna Morris
Heather Barnes
Elaine Porter
Margaret Corless
Janet Burton
(Appointed 9 September 2022)
Thamara Bulmer
(Appointed 6 February 2023)
Secretary
Caroline Watson
Charity number
1105574
Company number
5200713
Independent examiner
Fawley Judge & Easton
Chartered Certified Accountants
1 Parliament Street
Hull
East Yorkshire
HU1 2AS
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Trustees' report
1 - 3
Independent examiner's report
4
Statement of financial activities
5
Balance sheet
6 - 7
Notes to the financial statements
8 - 17
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
- 1 -

The trustees, who are also directors for the purposes of company law, present their report and the un-audited financial statements of the charity for the year ended 31 March 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.

Objectives and activities

The charity's objects are to safeguard and preserve the good health, both mental and physical of children and parents of children, to prevent cruelty to or maltreatment of children, to relieve sickness, poverty and need amongst children and parents of children and to promote the education of the public in better standards of child care within the area of Hull and its environs. The policies adopted in furtherance of these objects are applied by the committee and there has been no change in these during the year.

To provide support to a minimum of 100 new families using home-visiting volunteers. This is our core work.

 

To support an additional 30 families per year on our Families in Mind project funded by the Henry Smith Charity from January 2022. This project has been adapted from our previous project supporting parents with mental illness.

 

To support an additional 8 families per year in Beverley funded by the Brelms Trust.

 

To support an additional 16 families per year at DST Leconfield funded by the Armed Forces Covenant Fund Trust.

 

To support an additional 16 children per year through the Big Hopes Big Future school readiness project.

 

To offer new volunteers the chance to complete the preparation training on various days and times throughout the year including evenings, weekends and summer holidays and to continue our offer to existing volunteers of specialist training from both within the organisation and from external providers.

 

To offer quality training to staff, volunteers and trustees through professional development opportunities and accredited modules, including additional external training in identified areas.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Home Start Hull applies for funding of its activities through the application via tendering processes to be successful in each application. The result is Service Contracts or Grants are received to fulfil the specific area identified. The following

 

To increase the support available to families through both the core work and projects. Current target of 125 families.

To maintain current staffing levels and volunteer numbers.

To assess whether we need to expand our services to families

To maintain our current representation on the Trustees board.

To continue to develop the Fundraising Committee and discuss long-term goals for continuous fundraising ideas.

HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
Achievements and performance

Our Local Home-Start supported 108 families this year through the core work, 31 through the Families in Mind project, 11 through the Beverley project, 14 through the DST Leconfield project and 14 families through the BHBF project (178 total), by 69 home-visiting volunteers offering 2684 hours of support.

 

We have successfully completed the first year of our Hull Health & Care Partnership contract for the core work.

 

We were successful in securing further funding for the BHBF project through Sir James Reckitt Charity.

 

We successfully delivered the first year of our Families in Mind Henry Smith Charity funded project.

 

We successfully delivered the DST Leconfield support.

 

We were successful bidders for two new peer support contracts through the Start for Life funding delivering support to parents with children aged 0-2.

 

The volunteers and families were supported by 9 trustees and 9 staff during the year. (Joanne Boasman, Gemma Brown, Emma Brownlee, Charlotte Dunstan, Kelly Sykes, Bridget Marvin-Smelt, Helen Percy, Phil Vincent, Caroline Watson.)

 

All staff, volunteers and trustees continue to complete role appropriate training including Safeguarding Children’s Partnership training.

 

We delivered 5 volunteer preparation courses recruiting a total of 23 new volunteers. 100% of volunteers choosing to accredit their training have achieved the Intermediate certificate from Skills & Education Group.

 

66% of volunteers leaving the scheme this year did so for work and training and we offered 4 student placements contributing to their educational experience.

 

We offered additional training in the ‘Prevent’ strategy, Hull Safeguarding Children’s Partnership sources of stress, Big Hopes Big Future school readiness, Parental conflict, suicide awareness, Born to Bond attachment, parent infant mental health.

 

The board have reviewed the reserves set aside by the scheme and are satisfied that they cover the necessary requirements identified in the Reserves Policy. The Reserves covers four months of running costs plus redundancy costs.

 

We continue to look for ways to provide additional funding for the scheme and increase volunteer numbers.

 

There have been no incidents or near misses regarding information governance.

Financial review

The executive committee review the financial position regularly throughout the year.

 

The Charity receives income from a contract, donations, grants and investments. During 2022-2023 this amounted to £220,866. Its income is used to finance direct charitable expenditure and other expenditure amounting to £232,351.

 

Our reserves amount to £51,739 Unrestricted General Fund and £50,000 Designated Contingent Reserve Fund.

 

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Plans for future periods

The Board recognise that over the next five years, the amount of funding from the Hull Health & Care Partnership will decrease each year and have planned provision to cover a predicted shortfall as costs increase due to workplace pensions and increased costs associated with volunteer training and DBS checks.

 

We continue to look for ways to provide additional funding for the scheme

Structure, governance and management

The charity is a company limited by guarantee and has been registered as a charity.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Pamela Owen
Sam McGaw
Emma Pickering
Lorna Morris
Heather Barnes
Elaine Porter
Margaret Corless
Janet Burton
(Appointed 9 September 2022)
Thamara Bulmer
(Appointed 6 February 2023)

The current trustees continue to seek new trustees as vacancies or skills profiles are required from the general public and those associated in the area the charity operates.

 

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

 

The organisation is managed by an Executive Committee comprising of no fewer than 4 members and not more than 12 members. All the trustees sit on this committee.

Home Start Hull is a member of the Home Start UK organisation which provides areas of support to the organisation. Service Agreements are entered into with various providers operating in this area

The trustees' report was approved by the Board of Trustees.

Caroline Watson
Secretary
5 October 2023
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOME-START (HULL)
- 4 -

I report to the trustees on my examination of the financial statements of Home-Start (Hull) (the charity) for the year ended 31 March 2023.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Jonathan M Leathley
Fawley Judge & Easton
Chartered Certified Accountants
1 Parliament Street
Hull
East Yorkshire
HU1 2AS
Dated: 5 October 2023
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
- 5 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2023
2023
2023
2022
2022
2022
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
14,081
-
14,081
15,577
-
15,577
Charitable activities
4
-
204,201
204,201
-
191,264
191,264
Other trading activities
5
2,053
-
2,053
6,131
-
6,131
Investments
6
531
-
531
129
-
129
Total income
16,665
204,201
220,866
21,837
191,264
213,101
Expenditure on:
Raising funds
7
6,440
-
6,440
1,921
-
1,921
Charitable activities
8
7,771
218,140
225,911
1,902
206,908
208,810
Total expenditure
14,211
218,140
232,351
3,823
206,908
210,731
Net incoming/(outgoing) resources before transfers
2,454
(13,939)
(11,485)
18,014
(15,644)
2,370
Gross transfers between funds
(9,330)
9,330
-
(19,051)
19,051
-
Net (expenditure)/income for the year/
Net movement in funds
(6,876)
(4,609)
(11,485)
(1,037)
3,407
2,370
Fund balances at 1 April 2022
108,615
46,269
154,884
109,652
42,862
152,514
Fund balances at 31 March 2023
101,739
41,660
143,399
108,615
46,269
154,884

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 6 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
13
264
311
Current assets
Cash at bank and in hand
144,816
156,255
Creditors: amounts falling due within one year
14
(1,681)
(1,682)
Net current assets
143,135
154,573
Total assets less current liabilities
143,399
154,884
Income funds
Core work
-
1,618
Families in Mind
13,765
13,680
BHBF
21,745
15,535
Beverley Project
6,150
15,436
16
41,660
46,269
Unrestricted funds
Designated funds
17
50,000
50,000
General unrestricted funds
51,739
58,615
101,739
108,615
143,399
154,884
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 7 -

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 5 October 2023
Sam McGaw
Trustee
Company registration number 5200713
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 8 -
1
Accounting policies
Charity information

Home-Start (Hull) is a private company limited by guarantee incorporated in England and Wales.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5
Expenditure

Expenditure incurred by the organisation is accounted for on an accruals basis. Items relating to operational matters are charged to the SOFA, and any capital items to the Balance Sheet.

HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
1
Accounting policies
(Continued)
- 9 -
1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
15% - written down value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 10 -
2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Donations and legacies
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Donations and gifts
14,081
14,873

Job Retention Scheme

-
704
14,081
15,577
4
Charitable activities

Core Work

BHBF

Families in Mind

Volunteer training

Total
2023
Total
2022
2023
2023
2023
2023
£
£
£
£
£
£
Performance related grants
120,060
19,838
59,500
4,803
204,201
191,264
NHS Hull Health & Care Partnership
119,238
-
-
-
119,238
(117,244)
Hull CCG - BHBF
-
-
-
-
-
(23,855)
Henry Smith Charity
-
-
59,500
-
59,500
(29,600)
Brelms Trust CIO
-
-
-
4,803
4,803
(4,755)
AFCT
-
-
-
-
-
(7,224)
ABP
-
-
-
-
-
(2,853)
Pears Recovery & Resiliance Grant
822
-
-
-
822
(5,733)
Sir James Reckitt Charity
-
19,838
-
-
19,838
-
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
4
Charitable activities
(Continued)
- 11 -
For the year ended 31 March 2022

Core Work

BHBF

Families in Mind

Beverley project    

Volunteer training

Total
2022
£
£
£
£
£
£
Performance related grants
122,977
23,855
29,600
11,979
2,853
191,264
NHS Hull Health & Care Partnership
117,244
-
-
-
-
117,244
Hull CCG - BHBF
-
23,855
-
-
-
23,855
Henry Smith Charity
-
-
29,600
-
-
29,600
Brelms Trust CIO
-
-
-
4,755
-
4,755
AFCT
-
-
-
7,224
-
7,224
ABP
-
-
-
-
2,853
2,853
Pears Recovery & Resiliance Grant
5,733
-
-
-
-
5,733
5
Other trading activities
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£

Trading activity income:

2,053
6,131
6
Investments
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Interest receivable
531
129
7
Raising funds
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Fundraising and publicity

Fundraising costs

5,850
1,256
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
7
Raising funds
(Continued)
- 12 -
Trading costs
Other trading activities
590
665
6,440
1,921
8
Charitable activities

Core Work

 

BHBF

Families in Mind

Beverley project

 

Total
2023
Total
2022
2023
2023
2023
2023
£
£
£
£
£
£
Staff costs
116,910
6,216
45,749
12,913
181,788
150,306

Charitable expenses

5,268
7,315
580
1,162
14,325
30,609
122,178
13,531
46,329
14,075
196,113
180,915
Share of support costs (see note 9)
11,465
97
13,085
14
24,661
27,055
Share of governance costs (see note 9)
5,137
-
-
-
5,137
840
138,780
13,628
59,414
14,089
225,911
208,810
Analysis by fund
Unrestricted funds
7,771
-
-
-
7,771
1,902
Restricted funds
131,009
13,628
59,414
14,089
218,140
206,908
138,780
13,628
59,414
14,089
225,911
208,810
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
8
Charitable activities
(Continued)
- 13 -
For the year ended 31 March 2022

Core Work

 

BHBF

Families in Mind

Beverley project

 

Awards for All

Total
2022
£
£
£
£
£
£
Staff costs
105,971
5,701
34,450
4,184
-
150,306

Charitable expenses

25,029
1,456
(3,057)
4,328
2,853
30,609
131,000
7,157
31,393
8,512
2,853
180,915
Share of support costs (see note 9)
10,025
1,164
13,684
2,182
-
27,055
Share of governance costs (see note 9)
840
-
-
-
-
840
141,865
8,321
45,077
10,694
2,853
208,810
Analysis by fund
Unrestricted funds
1,275
-
-
627
-
1,902
Restricted funds
140,590
8,321
45,077
10,067
2,853
206,908
141,865
8,321
45,077
10,694
2,853
208,810
9
Support costs
Support costs
Governance costs
2023
Support costs
Governance costs
2022
£
£
£
£
£
£

Accommodation costs

17,934
-
17,934
12,476
-
12,476

IT costs

1,794
-
1,794
1,484
-
1,484

Telephone

1,551
-
1,551
1,399
-
1,399

Utilities

1,860
-
1,860
1,442
-
1,442

Office costs

1,522
-
1,522
9,414
-
9,414

Professional fees

-
840
840
-
840
840

AGM costs

-
4,297
4,297
-
-
-
24,661
5,137
29,798
26,215
840
27,055
Analysed between
Charitable activities
24,661
5,137
29,798
27,055
840
27,055

Governance costs includes payments to the independent examiner of £840 (2022- £840) for professional fees.

HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 14 -
10
Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year.

11
Employees

The average monthly number of employees during the year was:

2023
2022
Number
Number
Adminstration
3
1
Service delivery
6
8
Total
9
9
Employment costs
2023
2022
£
£
Wages and salaries
181,788
150,306
There were no employees whose annual remuneration was more than £60,000.
12
Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

13
Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 April 2022
7,706
At 31 March 2023
7,706
Depreciation and impairment
At 1 April 2022
7,395
Depreciation charged in the year
47
At 31 March 2023
7,442
Carrying amount
At 31 March 2023
264
At 31 March 2022
311
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 15 -
14
Creditors: amounts falling due within one year
2023
2022
£
£
Accruals and deferred income
1,681
1,682
15
Retirement benefit schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 16 -
16
Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
Movement in funds
Movement in funds
Balance at
1 April 2021
Incoming Resources
Outgoing Resources
Transfers
Balance at
1 April 2022
Incoming Resources
Outgoing Resources
Transfers
Balance at
31 March 2023
£
£
£
£
£
£
£
£
£
Core work
13,704
122,977
(140,590)
5,527
1,618
120,060
(131,008)
9,330
-
Sir James Reckitt Charity - BHBF
-
23,855
(8,320)
-
15,535
19,838
(13,628)
-
21,745
Henry Smith Charity - Families in Mind
29,158
29,600
(45,078)
-
13,680
59,500
(59,414)
-
13,766
Brelms Trust CIO - Beverley project
-
11,979
(10,067)
13,524
15,436
4,803
(14,089)
-
6,150
ABP - Volunteer training
-
2,853
(2,853)
-
-
-
-
-
-
42,862
191,264
(206,908)
19,051
46,269
204,201
(218,139)
9,330
41,660
HOME-START (HULL)
COMPANY LIMITED BY GUARANTEE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 17 -
17
Designated funds
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
Movement in funds
Movement in funds
Balance at
1 April 2021
Transfers in
Transfers out
Balance at
1 April 2022
Transfers in
Balance at
31 March 2023
£
£
£
£
£
£
Contingency fund
50,000
-
-
50,000
-
50,000
Beverley project
13,524
5,351
(18,875)
-
-
-
Covid support
866
-
(866)
-
-
-
64,390
5,351
(19,741)
50,000
-
50,000
18
Analysis of net assets between funds
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
2023
2023
2023
2022
2022
2022
£
£
£
£
£
£
Fund balances at 31 March 2023 are represented by:
Tangible assets
264
-
264
311
-
311
Current assets/(liabilities)
101,475
41,660
143,135
108,304
46,269
154,573
101,739
41,660
143,399
108,615
46,269
154,884
19
Related party transactions

There were no disclosable related party transactions during the year (2022 - none).

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