Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-319497476402023-04-01falseNo description of principal activity452024-03-31 SC280854 2023-04-01 2024-03-31 SC280854 2022-04-01 2023-03-31 SC280854 2024-03-31 SC280854 2023-03-31 SC280854 2023-04-01 SC280854 c:RegisteredOffice 2023-04-01 2024-03-31 SC280854 d:FurnitureFittings 2023-04-01 2024-03-31 SC280854 d:FurnitureFittings 2024-03-31 SC280854 d:FurnitureFittings 2023-03-31 SC280854 d:OfficeEquipment 2023-04-01 2024-03-31 SC280854 d:OfficeEquipment 2024-03-31 SC280854 d:OfficeEquipment 2023-03-31 SC280854 d:CurrentFinancialInstruments 2024-03-31 SC280854 d:CurrentFinancialInstruments 2023-03-31 SC280854 c:FRS102 2023-04-01 2024-03-31 SC280854 c:IndependentExaminationCharity 2023-04-01 2024-03-31 SC280854 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC280854 b:Trustee1 2023-04-01 2024-03-31 SC280854 b:Trustee2 2023-04-01 2024-03-31 SC280854 b:Trustee3 2023-04-01 2024-03-31 SC280854 b:Trustee4 2023-04-01 2024-03-31 SC280854 b:Trustee5 2023-04-01 2024-03-31 SC280854 b:Trustee6 2023-04-01 2024-03-31 SC280854 b:RestrictedIncomeFunds 2023-04-01 2024-03-31 SC280854 b:RestrictedIncomeFunds 2022-04-01 2023-03-31 SC280854 b:TotalEndowmentFunds 2023-04-01 2024-03-31 SC280854 b:TotalEndowmentFunds 2022-04-01 2023-03-31 SC280854 b:TotalEndowmentFunds 2024-03-31 SC280854 b:TotalEndowmentFunds 2023-03-31 SC280854 d:WithinOneYear 2024-03-31 SC280854 d:WithinOneYear 2023-03-31 SC280854 c:ChiefExecutive 2023-04-01 2024-03-31 SC280854 b:TotalUnrestrictedFunds 2024-03-31 SC280854 b:TotalUnrestrictedFunds 2023-03-31 SC280854 b:TotalRestrictedIncomeFunds 2024-03-31 SC280854 b:TotalRestrictedIncomeFunds 2023-03-31 SC280854 c:FullAccounts 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: SC280854
Charity number: SC004583














HOME-START DUNDEE
(A COMPANY LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
HOME-START DUNDEE
 

CONTENTS



Page
Reference and administrative details of the Company, its Trustees and advisers
1
Trustees' report
2 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 22

 
HOME-START DUNDEE
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024


Trustees
  
Mr R Craig, Chair
Mr J Alexander
Ms J Close
Ms S Strathie
Ms S McBride (Resigned 8 January 2024)
Ms B McCall

Company registered number

SC280854

Charity registered number

SC004583

Registered office

3rd Floor Left
30 Whitehall Street
Dundee
DD1 4AF

Manager

Alison Kettles

Independent Examiner

Douglas Rae
EQ Accountants Limited
14 City Quay
Dundee
DD1 3JA

Page 1

 
HOME-START DUNDEE
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their annual report together with the financial statements of the Home-Start Dundee for the year from 1 April 2023 to 31 March 2024The Annual report serves the purposes of both a Trustees' report and a Directors' Report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The principal objectives of the Charity are -
(a) To safeguard, protect and preserve the good health, both mental and physical, of children and parents of     children.
(b) To prevent cruelty to, or maltreatment of children.
(c) To relieve sickness, poverty and need amongst children and parents of children.
(d) To promote the education of the public in better standards of child care within the area of Dundee and its environs.
There have been no changes in the objectives since the last annual report.
 

Achievements and performance
 

a. REVIEW OF ACTIVITIES
 

We have had another busy year and supported 759 families through our home-visiting, specialised groups and online support projects. Home-Start support is needed more than ever.
We have found that the current cost of living crisis has had a serious impact on so many families, particularly coming straight after the Covid pandemic, with many families struggling like never before. Mental health, isolation and poverty have been major reasons for families being referred to Home-Start together with relationship breakdown, illness, disability, and poor parenting skills. 
Recent national surveys have noted that the number of people taking part in volunteering is decreasing. In our experience these past two years we have found that the current challenges around the economy have meant that people do not have the time due to helping with childcare or available funds which have resulted in many returning to work. Some older volunteers still have lingering concerns about visiting families in their homes post covid.
As we have done over the past 39 years staff have responded to families’ needs and have enhanced the type of support we have provided whilst ensuring we stay true to the core values of Home-Start ensuring that difficulties and challenges don’t escalate into crises and family breakdown.
We have been fortunate to have received continued financial support from Dundee City Council, Scottish Government, NHS along with Northwood Charitable Trust, The R S Macdonald Charitable Trust and Inspiring Scotland.
We are grateful to all the Trusts, grant making bodies and other funders who have supported us this year and allowed us to continue to provide support to our families. 
The Trustees would like to thank the staff for their excellent work this past year; their dedication and commitment
Page 2

 
HOME-START DUNDEE
 
Achievements and performance (continued)

are also recognised by the grant giving bodies which has enabled Home-Start Dundee to support more families through the funding of new and ongoing projects funded.
Plans for 2024/25
In March we received funding from The National Lottery Awards for All Community fund for a part time Co-ordinator with the aim of a starting date in May. The Co-ordinator will support families and also support a Volunteer Recruitment drive.
In May we will hold an Open Morning to promote our services and in June, during Volunteers Week we will also hold an Information Morning to promote volunteering. 
We will continue to provide support to families through home visiting and specialised groups: Family Group, Young Parents Group, Perinatal Maternal and Infant Mental Health Group and also our Breast Buddies peer support groups together with online support through a variety of media platforms. We will also continue to provide placement opportunities for Social Work students from Dundee University and Robert Gordon University.
 

Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. 
 

b. Reserves policy
 

The Reserves Policy established by Trustees has as its object the holding of a reserve fund of at least £61,000 in addition to maintaining a small working balance in our current account. The rationale is that, given the uncertainties about future funding, the reserve fund should be sufficient to finance 3 months of our ongoing expenditure and our exit strategy. 
Reserves are regularly reviewed by the trustees and details reported at the quarterly reviews and in the Annual Report and Accounts.
The reserves carried forward at 31 March 2024 total £143,823 (2023 - £106,079), of which £47,487 (2023 -£3,820) are restricted funds.
 

c. Financial risk management objectives and policies
 

The Board of Trustees met regularly to discuss possible funding sources and progress, where possible, carry out risk management and expenditure to ensure good financial management.
 

d. Principal funding
 

The organisation received £57,934 of its funding from Dundee City Council, Children and Families Service through a service level agreement.
 

Structure, governance and management
 

a. Constitution
 

The charity, which is a recognised charity in Scotland under charity number SC004583, is registered as a charitable company limited by guarantee and was constituted under a Trust deed dated 1 March 2005.
 

Page 3

 
HOME-START DUNDEE
 
Structure, governance and management (continued)

b. Methods of appointment or election of Trustees
 

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
 

c. Policies adopted for the induction and training of Trustees
 

Potential Trustees who express an interest in joining the Board are sent out an information pack. Included within this pack is a summary of the Home-Start approach to supporting families, Fact sheets outlining Trustees Roles and Responsibilities and the latest Annual Report together with an application form which requests the names of two referees. Once the completed application form is returned they will be invited to meet with the Chair of the Board and the Manager. Thereafter references will be taken up and the potential Trustee will be invited to observe a Board Meeting. A Declaration of Willingness to Act as a Trustee and all other essential Trustee forms will be completed in order to comply with charitable and company regulations. At all meetings Trustees must declare any conflicts of interest at the outset of the meeting.
 

d. Risk management
 

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
 

Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees 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 its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.


The Trustees 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 of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 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.


 

Approved by order of the members of the board of Trustees on 25 June 2024 and signed on their behalf by:
 




Ross Craig
Trustee
Page 4

 
HOME-START DUNDEE
 

 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024

Independent examiner's report to the Trustees of Home-Start Dundee

 
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 22.


Respective responsibilities of Trustees and examiner


The trustees, who are also directors of the company for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ('the Act') and the Charities Accounts (Scotland) Regulation 2006 ('the Accounts Regulations'). The trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.


Basis of independent examiner's statement


My examination was carried out in accordance with regulation 11 of the Accounts Regulations. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.


Independent examiner's statement


In the course of my examination, no matter has come to my attention:


1.
which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 44(1)(a) of the Act and regulation 4 of the Accounts Regulations; and

to prepare financial statements which accord with the accounting records, Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland (FRS 102) and in other respects comply with regulation 8 of the Accounts Regulations

have not been met; or

2.
to which, in my opinion, attention should be drawn in order to enable proper understanding of the financial statements to be reached.



This report is made solely to the company's Trustees, as a body, in accordance with regulation 11 of the Charities Accounts (Scotland) Regulations 2006My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.




Signed:      Dated: 27 June 2024

 
Douglas Rae     CA

 
EQ Accountants Ltd
14 City Quay
Dundee
DD1 3JA
Page 5

 
HOME-START DUNDEE


 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024


Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £
        £

Income from:







Donations and legacies

3

180,337

21,629

201,966

184,980
 
Fundraising


-

1,275

1,275

1,752
 
Investments

4

-

1,743

1,743

394
 
Total income
180,337
24,647
204,984
187,126
Expenditure on:







Charitable activities

5

133,856

33,384

167,240

222,186
 

Net income/(expenditure)

  

46,481

(8,737)

37,744

(35,060)
 
Transfers between funds

 13 

(2,814)

2,814

-

-
 
Net movement in funds
  
43,667
(5,923)
37,744
(35,060)

Reconciliation of funds:

  





Total funds brought forward

  

3,820

102,259

106,079

141,139
 
Net movement in funds

  

43,667

(5,923)

37,744

(35,060)
 
Total funds carried forward
  
47,487
96,336
143,823
106,079

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

The notes on pages 8 to 22 form part of these financial statements.

Page 6

 
HOME-START DUNDEE
REGISTERED NUMBER: SC280854


 
BALANCE SHEET
AS AT 31 MARCH 2024


2024
2023
£
£

Fixed assets
  

Tangible assets
 10 
3,021
229

  
3,021
229

Current assets
  

Debtors
 11 
1,377
1,650

Cash at bank and in hand
  
146,056
110,235

  
147,433
111,885

Creditors: amounts falling due within one year
 12 
(6,631)
(6,035)

Net current assets 
  
 
 
140,802
 
 
105,850

Total net assets 
  
143,823
106,079


Charity funds
  

Restricted funds
 13 
47,487
3,820

Unrestricted funds
 13 
96,336
102,259

Total funds
  
143,823
106,079

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

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

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 25 June 2024 and signed on their behalf by:




Ross Craig
Trustee

The notes on pages 8 to 22 form part of these financial statements.

Page 7

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Home-Start Dundee Limited is company limited by guarantee, incorporated in Scotland on 1 March 2005, operating from its registered office at 30 Whitehall Street, 3rd Floor left, Dundee, DD1 4AF.
The accounts are presented in pounds sterling which is the functional currency of the charity and are rounded to the nearest pound.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Home-Start Dundee meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. 

  
2.3

Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

  
2.4

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

Page 8

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

2.4

Expenditure (continued)

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

 
2.5

Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. 

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Fixtures and fittings
-
25% straight line
Office equipment
-
25% straight line

  
2.6

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

  
2.7

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.8

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

Page 9

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

  
2.9

Financial instruments

The Company 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.

  
2.10

Pensions

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

The Company is also a member of a multi-employer plan. Where it is not possible for the Company to obtain sufficient information to enable it to account for the plan as a defined benefit plan, it accounts for the plan as a defined contribution plan.

  
2.11

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 10

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.

Income from donations and legacies




Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
        £
        £
        £
 



Donations

-

6,429

6,429

Grants

122,403

15,200

137,603

Government grants

57,934

-

57,934



180,337
21,629
201,966




Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
        £
        £
        £



Donations

-

48,722

48,722

Grants

78,324

-

78,324

Government grants

57,934

-

57,934



136,258
48,722
184,980


4.

Investment income



Unrestricted funds
2024
Total
funds
2024
        £
        £



Bank interest received

1,743

1,743




Unrestricted funds
2023
Total
funds
2023
        £
        £



Bank interest received

394

394


Page 11

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.

Analysis of expenditure on charitable activities


Summary by fund type




Restricted funds
2024
Unrestricted funds
2024
Total
2024
        £
        £
        £




Service Provision

133,856

33,384

167,240





Restricted funds
2023
Unrestricted funds
2023
Total
2023
        £
        £
        £




Service Provision

150,681

71,505

222,186


Summary by expenditure type





Staff costs
2024
Depreciation
2024
Other costs
2024
Total
2024
        £
        £
        £
        £





Service Provision

131,888

1,019

34,333

167,240






Staff costs
2023
Depreciation
2023
Other costs
2023
Total
2023
        £
        £
        £
        £





Service Provision

169,150

791

52,245

222,186



6.

Analysis of expenditure by activities




Activities undertaken directly
2024
Support costs
2024
Total
funds
2024
        £
        £
        £




Service Provision

153,510

13,730

167,240







Page 12

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.Analysis of expenditure by activities (continued)

Activities undertaken directly
2023
Grant funding of activities
2023
Support costs
2023
Total
funds
2023
        £
        £
        £
        £





Service Provision

182,883

9,050

30,253

222,186



Analysis of direct costs



Total
funds
2024
Total
funds
2023
        £
        £



Staff costs

131,888

152,198
 
Depreciation

1,019

791
 
Rent, rates and utilties

4,436

7,102
 
Insurance

673

643
 
Telephone

1,554

1,339
 
Stationery & postage

404

1,766
 
Expenses reimbursed

2,431

3,072
 
Family outings

-

3,855
 
Fees and memberships

5,679

6,090
 
Repairs and maintenance

3,344

4,521
 
Legal and professional fees

2,082

1,506
 


153,510
182,883

Analysis of support costs



Page 13

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Total
funds
2024
Total
funds
2023
        £
        £



Staff costs

-

16,952
 
Rent, rates and utilties

4,435

7,297
 
Insurance

673

643
 
Telephone

518

446
 
Stationery & postage

135

589
 
Family outings

2,428

-
 
Printing, stationery and equipment

2,050

192
 
Training costs

-

70
 
Bank charges

131

177
 
Governance costs

3,360

3,887
 


13,730
30,253


7.

Independent examiner's remuneration

2024
2023
£
£

Fees payable to the Company's independent examiner for the independent examination of the Company's annual accounts
3,180
3,887

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HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.



Staff costs


2024
2023
£
£


Wages and salaries
119,268
152,546

Social security costs
6,232
9,952

Contribution to defined contribution pension schemes
6,388
6,652

131,888
169,150

The average number of persons employed by the Company during the year was as follows:


2024
2023

No.
No.


Employees
4
5

No employee received remuneration amounting to more than £60,000 in either year.





9.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL).

Page 15

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Tangible fixed assets




Fixtures and fittings
Office equipment
Total

£
£
£


Cost or valuation

At 1 April 2023
927
8,746
9,673

Additions
-
3,811
3,811

Disposals
-
(376)
(376)


At 31 March 2024

927
12,181
13,108


Depreciation

At 1 April 2023
927
8,517
9,444

Charge for the year
-
1,018
1,018

On disposals
-
(375)
(375)


At 31 March 2024

927
9,160
10,087


Net book value


At 31 March 2024
-
3,021
3,021


At 31 March 2023
-
229
229


11.



Debtors


2024
2023
£
£


Due within one year

Other debtors
-
360

Prepayments and accrued income
1,377
1,290

1,377
1,650

Page 16

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

12.



Creditors: Amounts falling due within one year


2024
2023
£
£


Trade creditors
955
-

Other taxation and social security
2,616
2,535

Other creditors
-
620

Accruals and deferred income
3,060
2,880

6,631
6,035

Page 17

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.

Statement of funds


Statement of funds - current year

Balance at 1 April 2023
£
Income
£
Expenditure
£
Transfers in/out
£
Balance at 31 March 2024
£

Unrestricted funds






Designated funds







Trustee Strategy and Governance

-

-

-

2,400

2,400
 

General funds







General Funds - all funds

102,259

24,647

(33,384)

414

93,936
 
Total Unrestricted funds




102,259

24,647

(33,384)

2,814

96,336

Restricted funds







Young Parents Co-ordinator

-

40,000

(20,000)

-

20,000
 
Cash for Kids

490

-

-

-

490
 
Dundee University - iPad

-

300

-

(300)

-
 
National Lottery - Family Support Co-ordinator

-

19,670

-

-

19,670
 
NHS Breast Buddies

707

34,999

(28,820)

-

6,886
 
Healthy Choices

2,623

6,920

(9,543)

-

-
 
RS MacDonald Charitable Trust

-

10,000

(10,000)

-

-
 
Dundee City Council Children and Families Service

-

57,934

(57,934)

-

-
 
NHS - Bumps & Beyond Buddies

-

2,514

-

(2,514)

-
 
Inspiring Scotland

-

8,000

(7,559)

-

441
 



3,820
180,337
(133,856)
(2,814)
47,487

Total of funds


106,079
204,984
(167,240)
-
143,823

Page 18

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 April 2022
£
Income
£
Expenditure
£
Balance at
31 March 2023
£

Unrestricted funds





General Funds - all funds

122,896

50,868

(71,505)

102,259
 


Restricted funds






Cash for Kids

490

-

-

490
 
NHS Breast Buddies

7,918

13,500

(20,711)

707
 
Healthy Choices

1,269

21,232

(19,878)

2,623
 
RS MacDonald Charitable Trust

-

10,000

(10,000)

-
 
Dundee City Council Children and Families Service

-

57,934

(57,934)

-
 
Home-Start UK Loneliness and Isolation Fund

-

12,025

(12,025)

-
 
STV Childrens Appeal

6,400

3,000

(9,400)

-
 
NHS - Bumps & Beyond Buddies

2,166

12,567

(14,733)

-
 
Inspiring Scotland

-

6,000

(6,000)

-
 



18,243
136,258
(150,681)
3,820


Total of funds


141,139
187,126
(222,186)
106,079

Page 19

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.

Statement of funds (continued)

Fund Details:
Unrestricted funds represent the funds that the Trustees are free to use in accordance with the charitable objectives.
The designated Trustee Strategy and Governance fund is earmarked for board strategic work.
The restricted funds are for the following projects:
Cash for Kids - towards the family outing
NHS Breast Buddies - Breast Buddies co-ordinator salary costs 
Healthy Choices - Healthy Choices co-ordinator salary costs 
RS MacDonald Charitable Trust - Salary costs
Dundee City Council Children and Families Service - Manager and admin salary costs 
STV Childrens Appeal - Winter hardship fund for families 
NHS Bumps & Beyond Buddies - Bumps & Beyond Buddies co-ordinator salary costs 
Inspiring Scotland - Perinatal and infant mental health co-ordinator 
Dundee University (iPad) - for the purchase of an iPad 
National Lottery - Family Support Co-ordinator - salary costs
 

Page 20

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

14.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
        £
        £
        £



Tangible fixed assets

-

3,021

3,021

Current assets

47,487

99,946

147,433

Creditors due within one year

-

(6,631)

(6,631)

Total 


47,487
96,336
143,823



Analysis of net assets between funds - prior period

Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
        £
        £
        £



Tangible fixed assets

-

229

229

Current assets

3,820

108,065

111,885

Creditors due within one year

-

(6,035)

(6,035)

Total 

3,820
102,259
106,079


15.


Contingent liabilities

Home-Start Dundee has been notified by the Pensions Trust of the estimated employer debt on withdrawal from the TPT Retirement Solution – Scottish Voluntary Sector Pension Scheme based on the financial position of the Scheme as 30 September 2023.  The latest figure supplied as at the 30 September 2023 is £25,528.  The debt is due in the event of the employer ceasing to participate in the Scheme or the Scheme winding up. 

Page 21

 
HOME-START DUNDEE
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

16.


Pension commitments

The charity operates defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The contributions made for the year ended 31 March 2024 amounted to £3,542 (2023 - £3,712).
The charity also participates in the Scottish Voluntary Sector Pension Scheme (SVSPS), a multi-employer scheme which provides benefits to some 102 non-associated employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme, therefore it accounts for the scheme as a defined contribution scheme.
At 30 September 2020, SVSPS had assets of £153.3m and liabilities of £160.0m, resulting in an overall deficit of £6.7m.
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, sets out the framework for funding defined benefit occupational pension schemes in the UK.
The scheme is classified as a 'last-man standing arrangement'. Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.
The contributions made for the year ended 31 March 2024 amounted to £2,846 (2023 - £2,940).


17.


Operating lease commitments

At 31 March 2024 the Company had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

2024
2023
£
£


Not later than 1 year
-
708


Page 22