REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
HOME-START NORTH WEST KENT LTD. |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
HOME-START NORTH WEST KENT LTD. |
HOME-START NORTH WEST KENT LTD. |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Report of the Trustees | 1 | to | 2 |
Independent Examiner's Report | 3 |
Statement of Financial Activities | 4 |
Balance Sheet | 5 | to | 6 |
Notes to the Financial Statements | 7 | to | 11 |
HOME-START NORTH WEST KENT LTD. (REGISTERED NUMBER: 08112993) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. 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 and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The objects for which the charity is established 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 environs of North West Kent. |
"Home-Start aims to increase the confidence and independence of the family by: |
* offering support, friendship and practical assistance; |
* visiting families in their own homes, where the dignity and identity of each adult and child can be respected and protected; |
* reassuring parents that difficulties in bringing up children are not unusual and encouraging them to enjoy family life; |
* developing a relationship with the family in which time can be shared and understanding can be developed, using a flexible approach to take account of different needs; |
* encouraging parents' strengths and emotional well-being, for the ultimate benefit of the children; |
* encouraging families to widen their network of relationships and to use effectively the support and services available within the community." |
The Trustees confirm that they have regard to the guidance issued by the Charity Commission on public benefit. |
ACHIEVEMENT AND PERFORMANCE |
Scheme Achievements and Performance |
Main achievement is being able to continue our service for parents in need of support |
due to successful bids to Lottery and Colyer Ferguson Trust for three years funding. |
Resulting in continuation of 60+ trained volunteers in a position to home visit 150+ isolated families referred annually. |
Also continued success of our weekly support group for parents with child/ren diagnosed on the Autistic Spectrum (or on the pathway). |
Peer support received by parents and children attending weekly is particularly positive. |
FINANCIAL REVIEW |
Reserves |
The unrestricted fund is available in it's entirety to meet administration costs of the charity. The restricted funds are available to meet the direct charitable costs according to the terms of the individual grant. Home-Start North West Kent have a reserves policy to maintain sufficient funds in deposit accounts with the bank, to enable core fund expenses to be met for a period of six months, should sufficient funding not be obtained. |
Going concern |
The trustees consider the charity a going concern and the accounts have been prepared on that basis. |
HOME-START NORTH WEST KENT LTD. (REGISTERED NUMBER: 08112993) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The strategic policy and overall management of the charity is directed by its Board of Trustees, who are also responsible for taking major decisions. These trustees shall hold office from the annual general meeting at which they were elected until the conclusion of the next annual general meeting. The day to day management of the charity is overseen by its management committee. |
The trustees have examined the major strategic and operational risks that the charity faces and confirm that systems have been established to enable regular reports to be produced so that necessary steps can be taken to lessen these risks. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
Independent Examiner |
Blue Rocket Accounting |
Accountants and Tax Advisers |
8 Twisleton Court |
Priory Hill |
Dartford |
Kent |
DA1 2EN |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
HOME-START NORTH WEST KENT LTD. |
Independent examiner's report to the trustees of Home-Start North West Kent Ltd. ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the 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: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts 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 accounts 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 accounts to be reached. |
Emma Duda FCCA |
Blue Rocket Accounting |
Accountants and Tax Advisers |
8 Twisleton Court |
Priory Hill |
Dartford |
Kent |
DA1 2EN |
4 October 2024 |
HOME-START NORTH WEST KENT LTD. |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 31 MARCH 2024 |
31/3/24 | 31/3/23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income | 2 |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Other |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 102,634 |
HOME-START NORTH WEST KENT LTD. (REGISTERED NUMBER: 08112993) |
BALANCE SHEET |
31 MARCH 2024 |
31/3/24 | 31/3/23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 10 |
Unrestricted funds | 77,295 |
Restricted funds | 25,339 |
TOTAL FUNDS | 102,634 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
HOME-START NORTH WEST KENT LTD. (REGISTERED NUMBER: 08112993) |
BALANCE SHEET - continued |
31 MARCH 2024 |
These financial 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 |
HOME-START NORTH WEST KENT LTD. |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', 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. |
INCOME |
All income 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 obligation 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 aggregate all cost related to the category. |
TANGIBLE FIXED ASSETS |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings | - |
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 purposes, as follows: |
Lottery Fund Grant - To provide funding for salary costs, general running costs and overheads. |
Little Buddies - To provide funding to give support to parents Downs Syndrome Group |
CAF Families Grant - To provide funding to employ Family Advice workers. |
Children in Need - To provide funding for Temple Hill Youth Centre and Children's Activities. |
Home Office Capital Grant - To provide funding for office equipment |
Capacity Builders - To provide funding for provision of consultancy services and equipment purchases. |
Reconnect - To provide funding to help children and young people reconnect to their pre-pandemic lives. |
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
HOME-START NORTH WEST KENT LTD. |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
2. | INVESTMENT INCOME |
31/3/24 | 31/3/23 |
£ | £ |
Deposit account interest |
3. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31/3/24 | 31/3/23 |
£ | £ |
Depreciation - owned assets |
4. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
TRUSTEES' EXPENSES |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
5. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
31/3/24 | 31/3/23 |
Average number of employees |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Other |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
HOME-START NORTH WEST KENT LTD. |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
RECONCILIATION OF FUNDS |
Total funds brought forward | 70,904 | 55,100 |
TOTAL FUNDS CARRIED FORWARD | 77,295 | 25,339 | 102,634 |
7. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Other debtors |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/24 | 31/3/23 |
£ | £ |
Social security and other taxes |
Accrued expenses |
HOME-START NORTH WEST KENT LTD. |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
10. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1/4/23 | in funds | 31/3/24 |
£ | £ | £ |
Unrestricted funds |
Core fund | 20,074 | (4,833 | ) | 15,241 |
Contingency fund | 57,221 | - | 57,221 |
(4,833 | ) |
Restricted funds |
Big Lottery Fund Grant | 25,339 | - | 25,339 |
TOTAL FUNDS | (4,833 | ) | 97,801 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
Core fund | 74,007 | (78,840 | ) | (4,833 | ) |
Restricted funds |
Big Lottery Fund Grant | 50,677 | (50,677 | ) | - |
TOTAL FUNDS | ( |
) | (4,833 | ) |
Comparatives for movement in funds |
Net |
movement | At |
At 1/4/22 | in funds | 31/3/23 |
£ | £ | £ |
Unrestricted funds |
Core fund | 30,904 | (10,830 | ) | 20,074 |
Contingency fund | 40,000 | 17,221 | 57,221 |
70,904 | 6,391 | 77,295 |
Restricted funds |
Big Lottery Fund Grant | 40,199 | (14,860 | ) | 25,339 |
Home Office Capital Grant | 31 | (31 | ) | - |
Capacity Builders | 36 | (36 | ) | - |
Children In Need | 3,327 | (3,327 | ) | - |
Little Buddies | 4,609 | (4,609 | ) | - |
Reconnect |
6,898 | (6,898 | ) | - |
55,100 | (29,761 | ) | 25,339 |
TOTAL FUNDS | 126,004 | (23,370 | ) | 102,634 |
HOME-START NORTH WEST KENT LTD. |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
10. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
Core fund | 14,653 | (25,483 | ) | (10,830 | ) |
Contingency fund | 17,221 | - | 17,221 |
31,874 | (25,483 | ) | 6,391 |
Restricted funds |
Big Lottery Fund Grant | 83,632 | (98,492 | ) | (14,860 | ) |
Home Office Capital Grant | - | (31 | ) | (31 | ) |
Capacity Builders | - | (36 | ) | (36 | ) |
Children In Need | - | (3,327 | ) | (3,327 | ) |
Little Buddies | - | (4,609 | ) | (4,609 | ) |
Kent Community Foundation | 9,600 | (9,600 | ) | - |
Reconnect |
- | (6,898 | ) | (6,898 | ) |
93,232 | (122,993 | ) | (29,761 | ) |
TOTAL FUNDS | 125,106 | (148,476 | ) | (23,370 | ) |
11. | RELATED PARTY DISCLOSURES |