REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
HOME-START GLASGOW SOUTH |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
HOME-START GLASGOW SOUTH |
HOME-START GLASGOW SOUTH |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Report of the Trustees | 1 | to | 5 |
Report of the Independent Auditors | 6 | to | 8 |
Statement of Financial Activities | 9 |
Balance Sheet | 10 |
Cash Flow Statement | 11 |
Notes to the Cash Flow Statement | 12 |
Notes to the Financial Statements | 13 | to | 29 |
HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861) |
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 |
Home-Start Glasgow South offers emotional and practical support to parents/carers with at least one child of 8 years and under, living in the Southside of Glasgow. Home-Start Glasgow South offers a unique service, recruiting and training volunteers to visit families at home, for up to 3 hours each week, offering non-threatening, non-judgemental support. To help give children the best possible start in life, Home-Start Glasgow South support parents/carers as they grow in confidence, strengthen their relationships with their children and widen their links with the local community. |
STRATEGIC REPORT |
Achievement and performance |
Charitable activities |
This year we supported 351 families with 761 children and have been working with 53 volunteers. |
As Chairwoman of the Board, I am pleased to present our annual report for 31 March 2024, outlining Home-Start Glasgow South's financial position, governance structure, and key operational developments. |
Overview of the Year |
The financial year has been one of both resilience and growth, with Home-Start Glasgow South continuing to provide vital services to families in our community despite the ongoing socio-economic challenges. The effects of the cost-of-living crisis and the lingering impact of the pandemic have heightened the pressures faced by many of the families we support. In response, we have expanded our services and provided early intervention to 351 families this year. |
Financial Stability |
Despite the broader economic uncertainty, I am pleased to report that Home-Start Glasgow South has maintained a stable financial position throughout the year despite a drop in income. We have been able to successfully secure several key grants that we hope to build on the coming financial year. Additionally, local businesses and community support have continued to fund our group activities, ensuring these crucial services remain accessible. |
Our overall income for the year was £575,579, with expenditure totalling £643,866, resulting in a deficit of £68,287. We retain sufficient reserves in line with our reserves policy, ensuring we can continue to operate effectively even in times of financial strain. |
Governance and Oversight |
The Board of Trustees has remained committed to upholding the highest standards of governance, ensuring transparency and accountability in all our operations. We have continued to review our policies and procedures regularly to ensure they reflect best practices and meet the requirements of our funders and regulatory bodies. |
We have focused on ensuring robust financial management and strategic oversight. The Board has met regularly throughout the year, providing effective governance and making key strategic decisions to ensure the long-term sustainability of Home-Start Glasgow South. |
Volunteer Development and Training |
Our volunteers remain at the heart of our service delivery, and this year, we have invested in their development through a comprehensive training programme. This included safeguarding, mental health awareness, and other specialist training to ensure they are equipped to meet the varied needs of the families we support. |
On behalf of the Board, I would like to thank our funders, supporters, staff, and volunteers, whose unwavering dedication enables us to continue our mission. |
HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
STRATEGIC REPORT |
Financial review |
Principal funding sources |
The charity has been successful in obtaining substantial grants from Glasgow Communities Fund and Bank of Scotland Foundation as well as continuing funds from The National Lottery Community Fund and Children in Need. |
Reserves policy |
The Board has established a level of reserves (that is those funds that are freely available) that the charity ought to have. They have set this at a level to ensure we have running costs for three months and redundancy costs if required. The Board reviews income and expenditure budgets each month. |
Principal risks and uncertainties |
The charity considers its key risks to achieving its charitable aims to be the potential uncertainty over future incoming funds in order to maintain the current level of support activities, and the potential lack of available resource, covering both trained staff and volunteers, to the point where those services cannot be delivered. |
The charity seeks to mitigate these risks by reviewing its longer term funding status at each board meeting, and undertaking thorough recruitment and training processes for both new staff and volunteers. |
Financial and risk management objectives and policies |
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finance of the Trust and Child Protection and are satisfied that systems are in place to mitigate exposure to the major risks. |
Future plans |
Looking ahead, Home-Start Glasgow South is committed to continuing its work in a challenging funding environment. We will explore new funding opportunities and work closely with partners to ensure the ongoing delivery of high-quality family support services. Our strategic priorities for the coming year include expanding our volunteer base, strengthening partnerships, supporting vulnerable families, and giving children the best start to life. |
We continue to expand and train the Board of Trustees to have the relevant skill sets to guide the organisation to meet its strategic aims through these difficult and uncertain times. We believe the organisation's work is essential therefore we want to ensure its enduring success. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
Home-Start Glasgow South is a charitable company limited by guarantee, incorporated on 1 March 2005, and registered as a charity on 9 March 2000 as Home-Start Pollokshaws, with a change of name to Home-Start Glasgow South on 27 June 2002. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1. |
Recruitment and appointment of new trustees |
The directors of the company are also charity trustees for the purpose of charity law. Under the requirements of the Memorandum and Articles of Association, one-third of the trustees must retire at each AGM, those longest in office retiring first. |
Applicants for the Board are always interviewed. If the Board wish to invite the applicant to become a Trustee, two references are sought and if satisfactory the applicant is asked to attend three meetings. At the end of the third meeting, a decision is taken by both the applicant and the existing Board members as to whether the person is suitable for the post. |
A Disclosure Scotland check is done before the applicant is registered as a full member and trustee. Members of the Board have a variety of skills, ranging from experience working with children and young people to managerial and financial skills. |
HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Organisational structure |
The trustees, who are also the directors for the purposes of company law, are the key management personnel of the charity and receive no remuneration for their services. |
Home-Start Glasgow South has a Board of up to 12 members, who meet monthly and are responsible for the strategic direction and policy of the charity. At the end of this year, we have 8 members on the board from a variety of backgrounds relevant to the work of the charity. The secretary also sits on the Board but has no voting rights. |
A scheme of delegation is in place and day to day responsibility for the provision of services rests with the Director who is supported by the Chair of the Board. The Director has responsibility for 22 members of staff - Assistant Director - Funding and Finance, Senior Co-ordinator, 4 Family Support Co-ordinators, Senior Family Support Worker, 2 Family Support Workers, 2 Dads' Co-ordinators, 2 Group Workers, 2 Play Workers, Finance Officer, Senior Grants and Trusts Officer, Volunteer Development Co-ordinator, Communications and Fundraising Officer, 2 Operational Administrators and Board Admin Support, ensuring the team continue to develop their skills and working practices in line with good practice. |
Induction and training of new trustees |
After the initial induction to Board meetings, further training is offered by Home-Start UK for any trustees wishing to access it. This includes various forums with Home-Start UK throughout the year, to update, inform and consult with trustees on new policies and procedures. |
Wider network |
Home-Start Glasgow South team members attend regular meetings of local networks including Integration Networks, Childcare Partnership Forum, Citywide Forum, Locality Planning, Child Protection Forum, Voluntary Sector Forums, and sit on all Early Years Family Support Teams in Glasgow South. |
Related parties |
Home-Start Glasgow South is an independent charity, but it is also part of Home-Start UK, the National Organisation, a Charity Limited by Guarantee, registered in England and Wales under the charity number 32614. No financial input is received from Home-Start UK, but advice, support and training for staff and Board members are provided on a regular basis in return for an annual fee. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
Trustees |
Company Secretary |
Auditors |
Chartered Accountants |
and Statutory Auditor |
213 St Vincent Street |
Glasgow |
G2 5QY |
Bankers |
Bank of Scotland |
8 Lochside Avenue |
Edinburgh |
EH12 9DJ |
STATEMENT OF TRUSTEES' RESPONSIBILITIES |
The trustees (who are also the directors of Home-Start Glasgow South for the purposes of company law) are responsible for preparing the Report of the Trustees 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 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 financial statements, the trustees are required to |
- | select suitable accounting policies and then apply them consistently; |
- | observe the methods and principles in the Charity SORP; |
- | make judgements and estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. |
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial 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 detection of fraud and other irregularities. |
In so far as the trustees are aware: |
- | there is no relevant audit information 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 information and to establish that the auditors are aware of that information. |
HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
AUDITORS |
The auditors, Bannerman Johnstone Maclay, will be proposed for re-appointment at the forthcoming Annual General Meeting. |
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on |
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF |
HOME-START GLASGOW SOUTH |
Opinion |
We have audited the financial statements of Home-Start Glasgow South (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement 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 Practice). |
In our opinion the financial statements: |
- | give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; |
- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
- | have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 2006. |
Basis for opinion |
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial 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 financial 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 basis for our opinion. |
Conclusions relating to going concern |
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. |
Based on the work we have performed, 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 financial statements are authorised for issue. |
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. |
Other information |
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. |
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. |
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial 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 determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, 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 Companies 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 statements are prepared is consistent with the financial statements; and |
- | the Report of the Trustees has been prepared in accordance with applicable legal requirements. |
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF |
HOME-START GLASGOW SOUTH |
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 audit, 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 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion: |
- | adequate and proper accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or |
- | the financial statements are not in agreement with the accounting records and returns; or |
- | certain disclosures of trustees' remuneration specified by law are not made; or |
- | we have not received all the information and explanations we require for our audit. |
Responsibilities of trustees |
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial 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 financial statements that are free from material misstatement, whether due to fraud or error. |
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. |
Our responsibilities for the audit of the financial statements |
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material 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 assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements 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: |
- | We obtained an understanding of the legal and regulatory frameworks applicable to the charitable company and the sector in which it operates. We determined that the following laws and regulations were the most significant: the Companies Act 2006, the Charities and Trustees Investment (Scotland) Act 2005 and the Charity SORP. |
- | We obtained an understanding of how the charitable company is complying with those legal and regulatory frameworks by making enquires to the management. |
- | We assessed the susceptibility of the charitable company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included: |
- | identifying and assessing the design and effectiveness of controls management has in place to prevent and detect fraud; |
- | understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process; |
- | challenging assumptions and judgements made by management in its significant accounting estimates; |
- | identifying and testing journal entries, in particular any journal entries posted with unusual accounting combinations; and |
- | assessing the extent of compliance with relevant laws and regulations. |
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. |
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF |
HOME-START GLASGOW SOUTH |
Use of our report |
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and the trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted 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. |
for and on behalf of |
Chartered Accountants |
and Statutory Auditor |
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 |
Glasgow |
G2 5QY |
HOME-START GLASGOW SOUTH |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Charitable activities | 5 |
Other trading activities | 3 |
Investment income | 4 |
Total |
EXPENDITURE ON |
Charitable activities | 6 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Transfers between funds | 16 | 4,317 | (4,317 | ) | - | - |
Net movement in funds | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 494,371 |
HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 13 |
CURRENT ASSETS |
Debtors | 14 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 15 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 16 |
Unrestricted funds | 362,164 |
Restricted funds | 132,207 |
TOTAL FUNDS | 494,371 |
The financial statements were approved by the Board of Trustees and authorised for issue on |
HOME-START GLASGOW SOUTH |
CASH FLOW STATEMENT |
FOR THE YEAR ENDED 31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ |
Cash flows from operating activities |
Cash generated from operations | 1 | (62,973 | ) | (30,731 | ) |
Net cash used in operating activities | (62,973 | ) | (30,731 | ) |
Cash flows from investing activities |
Purchase of tangible fixed assets | (524 | ) | (280 | ) |
Net cash used in investing activities | (524 | ) | (280 | ) |
Change in cash and cash equivalents in the reporting period |
(63,497 |
) |
(31,011 |
) |
Cash and cash equivalents at the beginning of the reporting period |
459,907 |
490,918 |
Cash and cash equivalents at the end of the reporting period |
396,410 |
459,907 |
HOME-START GLASGOW SOUTH |
NOTES TO THE CASH FLOW STATEMENT |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
2024 | 2023 |
£ | £ |
Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) |
(68,287 |
) |
29,785 |
Adjustments for: |
Depreciation charges | 7,967 | 8,488 |
Income from donated assets | - | (18,530 | ) |
Decrease/(increase) in debtors | 33,591 | (21,072 | ) |
Decrease in creditors | (36,244 | ) | (29,402 | ) |
Net cash used in operations | (62,973 | ) | (30,731 | ) |
2. | ANALYSIS OF CHANGES IN NET FUNDS |
At 1.4.23 | Cash flow | At 31.3.24 |
£ | £ | £ |
Net cash |
Cash at bank and in hand | 459,907 | (63,497 | ) | 396,410 |
459,907 | (63,497 | ) | 396,410 |
Total | 459,907 | (63,497 | ) | 396,410 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements and assessment of going concern |
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. |
The charitable company's functional currency is sterling. Amounts in the financial statements are rounded to the nearest £. |
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. |
Critical accounting judgements and key sources of estimation uncertainty |
In the application of the company'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 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, if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods. |
These estimates and judgements are: |
Depreciation - fixed assets are depreciated over the useful life of the asset. The useful lives of fixed assets are based on the knowledge of senior management, with reference to the assets' expected life cycle. |
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. |
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. |
Grants are recognised when the charity becomes unconditionally entitled to the income. |
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. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
The charity benefits from the time of unpaid volunteers but does not account for the cost of this time in these financial statements. |
Charitable activities |
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES - continued |
Governance costs |
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit. Governance costs are support costs relating to charitable activities. The allocation of governance costs is analysed in note 8. |
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 | - |
Computer equipment | - |
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. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
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. |
Financial instruments |
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
Financial instruments are recognised in the charity's balance sheet when the company becomes party to the contractual provisions of the instrument. |
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
Basic financial assets |
Basic financial assets, which include certain debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised. |
Basic financial liabilities |
Basic financial liabilities, including certain creditors are initially recognised at transaction price. 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 business 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. |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
2. | DONATIONS AND LEGACIES |
2024 | 2023 |
£ | £ |
Donations |
Gift aid |
3. | OTHER TRADING ACTIVITIES |
2024 | 2023 |
£ | £ |
Fundraising events |
4. | INVESTMENT INCOME |
2024 | 2023 |
£ | £ |
Bank interest received | 4,953 | 1,453 |
5. | INCOME FROM CHARITABLE ACTIVITIES |
2024 | 2023 |
Activity | £ | £ |
Grants | Supporting families | 555,962 | 578,456 |
Grants received, included in the above, are as follows: |
2024 | 2023 |
£ | £ |
NHS Greater Glasgow and Clyde: South West Glasgow Community Health & Care Partnerships |
20,000 |
- |
BBC Children in Need | 29,605 | 29,218 |
The National Lottery Community Fund | 82,828 | 116,427 |
NHS Health & Social Care Partnership | - | 20,000 |
The Henry Smith Charity | 40,000 | 40,000 |
The Robertson Trust | 38,000 | - |
Pupil Equity Fund (PEF) | 30,506 | 29,646 |
The Hugh Fraser Foundation | 7,000 | 5,000 |
William Grant Foundation | - | 70,000 |
Bellahouston Bequest Fund | - | 3,000 |
Glasgow Communities Fund | 121,436 | 115,653 |
Home Start UK STV Winter Fund | - | 4,500 |
Inspiring Scotland (CERF) | 8,000 | 6,000 |
Home Start Scottish Govt. Lonliness Grant | - | 12,025 |
HS-KGJ | - | 1,500 |
John Lewis Partnership | 1,500 | - |
NHS Greater Glasgow & Clyde Healthcare Charity | 49,025 | 27,189 |
Early Years Scotland | - | 75 |
Bank of Scotland Foundation | 24,775 | 24,775 |
The National Lottery Community Fund - Cost of Living Grant | - | 9,037 |
BBC Children in Need - Cost of Living | - | 500 |
GCVS - Mental Health and Wellbeing Fund | 9,931 | 7,585 |
Carried forward | 462,606 | 522,130 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
5. | INCOME FROM CHARITABLE ACTIVITIES - continued |
2024 | 2023 |
£ | £ |
Brought forward | 462,606 | 522,130 |
GCVS - Glasgow Promise Partnership Grant | - | 1,000 |
Home-Start UK | - | 8,000 |
HSUK - The Promise - Good Childhood Fund | - | 15,000 |
Membership | - | 10 |
Nationwide Community Grant | 32,390 | 24,916 |
St Vincent's Primary School | - | 400 |
NHS Greater Glasgow & Clyde - PO GCGS | - | 7,000 |
St James Place Foundation | 2,500 | - |
Impact Funding Partners (SIAL) | 16,000 | - |
Home Start - White Stuff Empowering Women Grant | 2,500 | - |
Foundation Scotland (Volant Charitable Trust) | 7,141 | - |
Save The Children | 1,625 | - |
Home Start UK - Cystic Fibrosis Trust | 2,000 | - |
Home Start UK- Pears Breathing Space Fund | 9,000 | - |
GCVS Winter Wellbeing Fund | 11,000 | - |
ScotWest Community Grant | 700 | - |
Home Start UK Corra/Promise | 7,500 | - |
The Grace Trust | 1,000 | - |
555,962 | 578,456 |
6. | CHARITABLE ACTIVITIES COSTS |
Direct | Support |
Costs (see | costs (see |
note 7) | note 8) | Totals |
£ | £ | £ |
Supporting families | 629,410 | 14,456 | 643,866 |
7. | DIRECT COSTS OF CHARITABLE ACTIVITIES |
2024 | 2023 |
£ | £ |
Staff costs | 528,376 | 476,312 |
Rates and water | 32,232 | 30,866 |
Postage and stationery | 5,072 | 4,426 |
Sundries | 61 | 31 |
Staff travel and recruitment | 9,967 | 8,778 |
Volunteer expenses & training | 1,697 | 2,476 |
All group work inc crèche | 21,293 | 17,383 |
Repairs and renewals | 222 | 420 |
Cleaning and catering | 89 | 815 |
Outings and event costs | 4,760 | 5,139 |
IT software and consumables | 13,802 | 11,030 |
Subscriptions | 3,872 | 3,144 |
Depreciation | 7,967 | 8,488 |
629,410 | 569,308 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
8. | SUPPORT COSTS |
Governance |
costs |
£ |
Supporting families | 14,456 |
Governance costs are allocated to expenditure on charitable activities. |
Support costs, included in the above, are as follows: |
Governance costs |
2024 | 2023 |
Supporting | Total |
families | activities |
£ | £ |
Home-Start UK | 11,036 | 10,775 |
Audit fees | 3,420 | 3,300 |
14,456 | 14,075 |
9. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
10. | 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. |
The trustees represent the key management personnel of the charity. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | STAFF COSTS |
2024 | 2023 |
£ | £ |
Wages and salaries |
Social security costs |
Other pension costs |
528,376 | 476,312 |
The average monthly number of employees during the year was as follows: |
2024 | 2023 |
Supporting families |
The charge to the statement of financial activities in respect of defined contribution schemes was £21,731 (2023: £20,268). |
12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Other trading activities |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
NET INCOME |
Transfers between funds | (6,249 | ) | 6,249 | - |
Net movement in funds | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 363,908 | 100,678 |
TOTAL FUNDS CARRIED FORWARD | 362,164 | 132,207 | 494,371 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
13. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2023 |
Additions |
At 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 |
14. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Accruals and deferred income |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS |
Net | Transfers |
movement | between | At |
At 1.4.23 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 263,822 | (40,941 | ) | (28,924 | ) | 193,957 |
NHS Greater Glasgow & Clyde - PO | 7,000 | (7,000 | ) | - | - |
General fund - Redundancy reserve | 91,342 | - | 33,241 | 124,583 |
(47,941 | ) |
Restricted funds |
BBC Children in Need | 1,203 | (601 | ) | (144 | ) | 458 |
The National Lottery Community Fund | 4,820 | (2,632 | ) | (2,188 | ) | - |
Bank of Scotland Foundation | 17,108 | 7,758 | - | 24,866 |
The National Lottery Community Fund - Medium Grant for Dads |
13,679 |
- |
(13,679 |
) |
- |
The Henry Smith Charity | 1,097 | 571 | (1,668 | ) | - |
Robertson Trust | 6,592 | (5,178 | ) | - | 1,414 |
Corra Foundation | 1,560 | (1,560 | ) | - | - |
NHS - Health & Social Care Partnership | 14,020 | (8,016 | ) | - | 6,004 |
Cattanach | 1,077 | (447 | ) | - | 630 |
Pupil Equity Fund (PEF) | 37,042 | (21,907 | ) | - | 15,135 |
The Hugh Fraser Foundation | 3,750 | 3,250 | - | 7,000 |
GCVS - Mental Health and Wellbeing Fund |
1,840 |
- |
- |
1,840 |
John Lewis Partnership | 272 | 1,271 | - | 1,543 |
Nationwide Community Grant | - | 3,554 | (3,554 | ) | - |
Ryvoan Trust | 5,830 | (5,830 | ) | - | - |
NHS Greater Glasgow & Clyde Healthcare Charity |
- |
10,801 |
13,679 |
24,480 |
BT | 14,824 | (3,706 | ) | - | 11,118 |
Home-Start UK | - | (3,237 | ) | 3,237 | - |
Home Start UK - The Promise - Good Childhood Fund |
7,493 |
(7,493 |
) |
- |
- |
St James Place Foundation | - | 160 | - | 160 |
Impact Funding Partners (SIAL) | - | 471 | - | 471 |
Foundation Scotland (Volant CharitableTrust) |
- |
141 |
- |
141 |
Home Start UK - Pears Breathing Space Fund |
- |
5,700 |
- |
5,700 |
GCVS Winter Wellbeing Fund | - | 5,500 | - | 5,500 |
ScotWest Community Grant | - | 84 | - | 84 |
The Grace Trust | - | 1,000 | - | 1,000 |
(20,346 | ) | ( |
) |
TOTAL FUNDS | (68,287 | ) | 426,084 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 39,617 | (80,558 | ) | (40,941 | ) |
NHS Greater Glasgow & Clyde - PO | - | (7,000 | ) | (7,000 | ) |
( |
) | (47,941 | ) |
Restricted funds |
BBC Children in Need | 29,605 | (30,206 | ) | (601 | ) |
The National Lottery Community Fund | 82,828 | (85,460 | ) | (2,632 | ) |
Bank of Scotland Foundation | 24,775 | (17,017 | ) | 7,758 |
The Henry Smith Charity | 40,000 | (39,429 | ) | 571 |
Robertson Trust | 38,000 | (43,178 | ) | (5,178 | ) |
Corra Foundation | - | (1,560 | ) | (1,560 | ) |
NHS - Health & Social Care Partnership | - | (8,016 | ) | (8,016 | ) |
Cattanach | - | (447 | ) | (447 | ) |
Pupil Equity Fund (PEF) | 30,506 | (52,413 | ) | (21,907 | ) |
Glasgow Communities Fund | 121,436 | (121,436 | ) | - |
Inspiring Scotland (CERF) | 8,000 | (8,000 | ) | - |
The Hugh Fraser Foundation | 7,000 | (3,750 | ) | 3,250 |
GCVS - Mental Health and Wellbeing Fund |
9,931 |
(9,931 |
) |
- |
John Lewis Partnership | 1,500 | (229 | ) | 1,271 |
Nationwide Community Grant | 32,390 | (28,836 | ) | 3,554 |
Ryvoan Trust | - | (5,830 | ) | (5,830 | ) |
NHS Greater Glasgow & Clyde Healthcare Charity |
49,025 |
(38,224 |
) |
10,801 |
BT | - | (3,706 | ) | (3,706 | ) |
Home-Start UK | - | (3,237 | ) | (3,237 | ) |
Home Start UK - The Promise - Good Childhood Fund |
- |
(7,493 |
) |
(7,493 |
) |
St James Place Foundation | 2,500 | (2,340 | ) | 160 |
Impact Funding Partners (SIAL) | 16,000 | (15,529 | ) | 471 |
Home Start-White Stuff Empowering Women Grant |
2,500 |
(2,500 |
) |
- |
Foundation Scotland (Volant CharitableTrust) |
7,141 |
(7,000 |
) |
141 |
Save The Children | 1,625 | (1,625 | ) | - |
Home Start UK - Cystic Fibrosis Trust | 2,000 | (2,000 | ) | - |
Home Start UK - Pears Breathing Space Fund |
9,000 |
(3,300 |
) |
5,700 |
GCVS Winter Wellbeing Fund | 11,000 | (5,500 | ) | 5,500 |
ScotWest Community Grant | 700 | (616 | ) | 84 |
Home Start UK Corra/Promise | 7,500 | (7,500 | ) | - |
The Grace Trust | 1,000 | - | 1,000 |
( |
) | (20,346 | ) |
TOTAL FUNDS | ( |
) | (68,287 | ) |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 362,008 | 1,819 | (100,005 | ) | 263,822 |
Saints & Sinners Club | 1,900 | - | (1,900 | ) | - |
William Grant Foundation | - | (6,724 | ) | 6,724 | - |
Bellahouston Bequest Fund | - | 2,000 | (2,000 | ) | - |
Membership | - | 10 | (10 | ) | - |
St Vincent's Primary School | - | 400 | (400 | ) | - |
NHS Greater Glasgow & Clyde - PO | - | 7,000 | - | 7,000 |
General fund - Redundancy reserve | - | - | 91,342 | 91,342 |
363,908 | 4,505 | (6,249 | ) | 362,164 |
Restricted funds |
BBC Children in Need | 2,437 | (1,234 | ) | - | 1,203 |
The National Lottery Community Fund | 6,615 | (1,514 | ) | (281 | ) | 4,820 |
Bank of Scotland Foundation | - | 17,108 | - | 17,108 |
The Henry Smith Charity | 11,245 | (11,274 | ) | 1,126 | 1,097 |
Robertson Trust | 6,592 | - | - | 6,592 |
Corra Foundation | 1,609 | (49 | ) | - | 1,560 |
NHS - Health & Social Care Partnership | - | 14,020 | - | 14,020 |
Cattanach | 1,323 | (246 | ) | - | 1,077 |
Pupil Equity Fund (PEF) | 38,127 | (18,926 | ) | 17,841 | 37,042 |
Glasgow Communities Fund | - | (158 | ) | 158 | - |
Home-Start Scottish Govt. Loneliness Grant |
934 |
- |
(934 |
) |
- |
Home Start UK STV Covid Fund | 3,448 | - | (3,448 | ) | - |
Inspiring Scotland (CERF) | 2,000 | (1,852 | ) | (148 | ) | - |
Home-Start UK (Focus Group) | 270 | - | (270 | ) | - |
The Hugh Fraser Foundation | - | 3,750 | - | 3,750 |
HSUK - Pears R & R Fund | 2,094 | - | (2,094 | ) | - |
Early Years Scotland | 500 | 75 | (575 | ) | - |
GCVS - Mental Health and Wellbeing Fund |
- |
1,840 |
- |
1,840 |
Home-Start Scotland - The Promise Grant | 2,000 | (2,000 | ) | - | - |
HS-KGJ | 292 | 1,500 | (1,792 | ) | - |
John Lewis Partnership | 1,272 | (1,000 | ) | - | 272 |
Ryvoan Trust | 6,000 | (170 | ) | - | 5,830 |
NHS Greater Glasgow & Clyde Healthcare Charity |
12,779 |
900 |
- |
13,679 |
BT | - | 14,824 | - | 14,824 |
The National Lottery Community Fund - Cost of Living Grant |
- |
1,476 |
(1,476 |
) |
- |
BBC Children in Need - Cost of Living | - | 500 | (500 | ) | - |
GCVS - Glasgow Promise Partnership Grant |
- |
294 |
(294 |
) |
- |
Home-Start UK | - | 557 | (557 | ) | - |
Home Start UK - The Promise - Good Childhood Fund |
- |
7,493 |
- |
7,493 |
Inspiring Scotland (Covid-19) | 1,141 | (634 | ) | (507 | ) | - |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
100,678 | 25,280 | 6,249 | 132,207 |
TOTAL FUNDS | 464,586 | 29,785 | - | 494,371 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | 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 |
General fund | 16,182 | (14,363 | ) | 1,819 |
William Grant Foundation | 70,000 | (76,724 | ) | (6,724 | ) |
Bellahouston Bequest Fund | 3,000 | (1,000 | ) | 2,000 |
Membership | 10 | - | 10 |
St Vincent's Primary School | 400 | - | 400 |
NHS Greater Glasgow & Clyde - PO | 7,000 | - | 7,000 |
96,592 | (92,087 | ) | 4,505 |
Restricted funds |
BBC Children in Need | 29,218 | (30,452 | ) | (1,234 | ) |
The National Lottery Community Fund | 116,427 | (117,941 | ) | (1,514 | ) |
Bank of Scotland Foundation | 24,775 | (7,667 | ) | 17,108 |
The Henry Smith Charity | 40,000 | (51,274 | ) | (11,274 | ) |
Corra Foundation | - | (49 | ) | (49 | ) |
NHS - Health & Social Care Partnership | 20,000 | (5,980 | ) | 14,020 |
Cattanach | - | (246 | ) | (246 | ) |
Pupil Equity Fund (PEF) | 29,646 | (48,572 | ) | (18,926 | ) |
Glasgow Communities Fund | 115,653 | (115,811 | ) | (158 | ) |
Home-Start UK STV Winter Fund | 4,500 | (4,500 | ) | - |
Home-Start Scottish Govt. Loneliness Grant |
12,025 |
(12,025 |
) |
- |
Inspiring Scotland (CERF) | 6,000 | (7,852 | ) | (1,852 | ) |
The Hugh Fraser Foundation | 5,000 | (1,250 | ) | 3,750 |
Early Years Scotland | 75 | - | 75 |
GCVS - Mental Health and Wellbeing Fund |
7,585 |
(5,745 |
) |
1,840 |
Home-Start Scotland - The Promise Grant | - | (2,000 | ) | (2,000 | ) |
HS-KGJ | 1,500 | - | 1,500 |
John Lewis Partnership | - | (1,000 | ) | (1,000 | ) |
Nationwide Community Grant | 24,916 | (24,916 | ) | - |
Ryvoan Trust | - | (170 | ) | (170 | ) |
NHS Greater Glasgow & Clyde Healthcare Charity |
27,189 |
(26,289 |
) |
900 |
BT | 18,530 | (3,706 | ) | 14,824 |
The National Lottery Community Fund - Cost of Living Grant |
9,037 |
(7,561 |
) |
1,476 |
BBC Children in Need - Cost of Living | 500 | - | 500 |
GCVS - Glasgow Promise Partnership Grant |
1,000 |
(706 |
) |
294 |
Home-Start UK | 8,000 | (7,443 | ) | 557 |
Home Start UK - The Promise - Good Childhood Fund |
15,000 |
(7,507 |
) |
7,493 |
Inspiring Scotland (Covid-19) | - | (634 | ) | (634 | ) |
516,576 | (491,296 | ) | 25,280 |
TOTAL FUNDS | 613,168 | (583,383 | ) | 29,785 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 362,008 | (39,122 | ) | (128,929 | ) | 193,957 |
Saints & Sinners Club | 1,900 | - | (1,900 | ) | - |
William Grant Foundation | - | (6,724 | ) | 6,724 | - |
Bellahouston Bequest Fund | - | 2,000 | (2,000 | ) | - |
Membership | - | 10 | (10 | ) | - |
St Vincent's Primary School | - | 400 | (400 | ) | - |
General fund - Redundancy reserve | - | - | 124,583 | 124,583 |
363,908 | (43,436 | ) | (1,932 | ) | 318,540 |
Restricted funds |
BBC Children in Need | 2,437 | (1,835 | ) | (144 | ) | 458 |
The National Lottery Community Fund | 6,615 | (4,146 | ) | (2,469 | ) | - |
Bank of Scotland Foundation | - | 24,866 | - | 24,866 |
The National Lottery Community Fund - Medium Grant for Dads |
- |
- |
(13,679 |
) |
(13,679 |
) |
The Henry Smith Charity | 11,245 | (10,703 | ) | (542 | ) | - |
Robertson Trust | 6,592 | (5,178 | ) | - | 1,414 |
Corra Foundation | 1,609 | (1,609 | ) | - | - |
NHS - Health & Social Care Partnership | - | 6,004 | - | 6,004 |
Cattanach | 1,323 | (693 | ) | - | 630 |
Pupil Equity Fund (PEF) | 38,127 | (40,833 | ) | 17,841 | 15,135 |
Glasgow Communities Fund | - | (158 | ) | 158 | - |
Home-Start Scottish Govt. Loneliness Grant |
934 |
- |
(934 |
) |
- |
Home Start UK STV Covid Fund | 3,448 | - | (3,448 | ) | - |
Inspiring Scotland (CERF) | 2,000 | (1,852 | ) | (148 | ) | - |
Home-Start UK (Focus Group) | 270 | - | (270 | ) | - |
The Hugh Fraser Foundation | - | 7,000 | - | 7,000 |
HSUK - Pears R & R Fund | 2,094 | - | (2,094 | ) | - |
Early Years Scotland | 500 | 75 | (575 | ) | - |
GCVS - Mental Health and Wellbeing Fund |
- |
1,840 |
- |
1,840 |
Home-Start Scotland - The Promise Grant | 2,000 | (2,000 | ) | - | - |
HS-KGJ | 292 | 1,500 | (1,792 | ) | - |
John Lewis Partnership | 1,272 | 271 | - | 1,543 |
Nationwide Community Grant | - | 3,554 | (3,554 | ) | - |
Ryvoan Trust | 6,000 | (6,000 | ) | - | - |
NHS Greater Glasgow & Clyde Healthcare Charity |
12,779 |
11,701 |
13,679 |
38,159 |
BT | - | 11,118 | - | 11,118 |
The National Lottery Community Fund - Cost of Living Grant |
- |
1,476 |
(1,476 |
) |
- |
BBC Children in Need - Cost of Living | - | 500 | (500 | ) | - |
GCVS - Glasgow Promise Partnership Grant |
- |
294 |
(294 |
) |
- |
Home-Start UK | - | (2,680 | ) | 2,680 | - |
Inspiring Scotland (Covid-19) | 1,141 | (634 | ) | (507 | ) | - |
St James Place Foundation | - | 160 | - | 160 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
Impact Funding Partners (SIAL) | - | 471 | - | 471 |
Foundation Scotland (Volant CharitableTrust) |
- |
141 |
- |
141 |
Home Start UK - Pears Breathing Space Fund |
- |
5,700 |
- |
5,700 |
GCVS Winter Wellbeing Fund | - | 5,500 | - | 5,500 |
ScotWest Community Grant | - | 84 | - | 84 |
The Grace Trust | - | 1,000 | - | 1,000 |
100,678 | 4,934 | 1,932 | 107,544 |
TOTAL FUNDS | 464,586 | (38,502 | ) | - | 426,084 |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | 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 | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 55,799 | (94,921 | ) | (39,122 | ) |
William Grant Foundation | 70,000 | (76,724 | ) | (6,724 | ) |
Bellahouston Bequest Fund | 3,000 | (1,000 | ) | 2,000 |
Membership | 10 | - | 10 |
St Vincent's Primary School | 400 | - | 400 |
NHS Greater Glasgow & Clyde - PO | 7,000 | (7,000 | ) | - |
136,209 | (179,645 | ) | (43,436 | ) |
Restricted funds |
BBC Children in Need | 58,823 | (60,658 | ) | (1,835 | ) |
The National Lottery Community Fund | 199,255 | (203,401 | ) | (4,146 | ) |
Bank of Scotland Foundation | 49,550 | (24,684 | ) | 24,866 |
The Henry Smith Charity | 80,000 | (90,703 | ) | (10,703 | ) |
Robertson Trust | 38,000 | (43,178 | ) | (5,178 | ) |
Corra Foundation | - | (1,609 | ) | (1,609 | ) |
NHS - Health & Social Care Partnership | 20,000 | (13,996 | ) | 6,004 |
Cattanach | - | (693 | ) | (693 | ) |
Pupil Equity Fund (PEF) | 60,152 | (100,985 | ) | (40,833 | ) |
Glasgow Communities Fund | 237,089 | (237,247 | ) | (158 | ) |
Home-Start UK STV Winter Fund | 4,500 | (4,500 | ) | - |
Home-Start Scottish Govt. Loneliness Grant |
12,025 |
(12,025 |
) |
- |
Inspiring Scotland (CERF) | 14,000 | (15,852 | ) | (1,852 | ) |
The Hugh Fraser Foundation | 12,000 | (5,000 | ) | 7,000 |
Early Years Scotland | 75 | - | 75 |
GCVS - Mental Health and Wellbeing Fund |
17,516 |
(15,676 |
) |
1,840 |
Home-Start Scotland - The Promise Grant | - | (2,000 | ) | (2,000 | ) |
HS-KGJ | 1,500 | - | 1,500 |
John Lewis Partnership | 1,500 | (1,229 | ) | 271 |
Nationwide Community Grant | 57,306 | (53,752 | ) | 3,554 |
Ryvoan Trust | - | (6,000 | ) | (6,000 | ) |
NHS Greater Glasgow & Clyde Healthcare Charity |
76,214 |
(64,513 |
) |
11,701 |
BT | 18,530 | (7,412 | ) | 11,118 |
The National Lottery Community Fund - Cost of Living Grant |
9,037 |
(7,561 |
) |
1,476 |
BBC Children in Need - Cost of Living | 500 | - | 500 |
GCVS - Glasgow Promise Partnership Grant |
1,000 |
(706 |
) |
294 |
Home-Start UK | 8,000 | (10,680 | ) | (2,680 | ) |
Home Start UK - The Promise - Good Childhood Fund |
15,000 |
(15,000 |
) |
- |
Inspiring Scotland (Covid-19) | - | (634 | ) | (634 | ) |
St James Place Foundation | 2,500 | (2,340 | ) | 160 |
Impact Funding Partners (SIAL) | 16,000 | (15,529 | ) | 471 |
Home Start-White Stuff Empowering Women Grant |
2,500 |
(2,500 |
) |
- |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
Foundation Scotland (Volant CharitableTrust) |
7,141 |
(7,000 |
) |
141 |
Save The Children | 1,625 | (1,625 | ) | - |
Home Start UK - Cystic Fibrosis Trust | 2,000 | (2,000 | ) | - |
Home Start UK - Pears Breathing Space Fund |
9,000 |
(3,300 |
) |
5,700 |
GCVS Winter Wellbeing Fund | 11,000 | (5,500 | ) | 5,500 |
ScotWest Community Grant | 700 | (616 | ) | 84 |
Home Start UK Corra/Promise | 7,500 | (7,500 | ) | - |
The Grace Trust | 1,000 | - | 1,000 |
1,052,538 | (1,047,604 | ) | 4,934 |
TOTAL FUNDS | 1,188,747 | (1,227,249 | ) | (38,502 | ) |
The unrestricted funds are available to be spent for any purpose of the charity. |
The trustees have designated the following funds: |
Redundancy reserve - This represents amounts designated towards the potential redundancy liability of qualifying employees at the year-end. The trustees do not anticipate that the funds will be required for this purpose in the immediate future. |
The restricted funds comprise of: |
BBC Children in Need: Grant contribution towards the cost of a play worker salary, outings, activities, transport and hall rental. |
The National Lottery Community Fund: For supporting vulnerable families across the whole of South Glasgow. Funding pays for 12% of total project costs including costs for staff volunteers, group work including crèche, overheads and revenue. |
The Henry Smith Charity: Funding towards running costs to support vulnerable families, including increased support for fathers, in South Glasgow. |
Robertson Trust: Funding towards the running costs of the charity. |
Scottish Government Perinatal: Provides funding to support families in the perinatal stage with additional support. |
Pupil Equity Fund: Funding to support families with children attending Ashpark and Gowanbank Primary Schools. |
Glasgow Communities Fund: Funding towards the running costs of the charity, including employee and property costs. |
Early Years Scotland: Funding towards the twice weekly Toddle In Group, which was used to purchase sensory toys and healthy snacks for the toddlers who attend. |
Home-Start Scotland - The Promise Grant: The award is for evaluation work around the Promise and Dad's work, and leading the West Hub of Home-Start schemes. |
HS-KGJ: Awarded funds to be consulted and evaluated for our PIMH work. |
HOME-START GLASGOW SOUTH |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
Ryyoan Trust: Contributions towards our current staff team of two part-time Group and two part-time Play Workers. |
NHS Greater Glasgow & Clyde Healthcare Charity: Support from NHS Greater Glasgow & Clyde to continue delivering our unique 1 to 1 and antenatal support to fathers in the southside of Glasgow. |
Home-Start UK - The Promise - Good Childhood Fund: Funding for a Pathways to Change project that gained opinions of fathers and their experience of the health and care system. |
The Hugh Fraser Foundation: Funding for a part-time Family Support Worker. |
Impact Funding Partners - Scottish Government funding for Social Inclusion and Loneliness: Funding allowed us to open an additional Warm Place club in Castlemilk. |
Transfers between funds |
The net book value of fixed assets have been transferred from the restricted funds to general funds as there are no ongoing restrictions on the grants received in relation to those assets. |
17. | RELATED PARTY DISCLOSURES |
During the year, the charity entered into the following income and expenditure transactions with a national charitable organisation, Home-Start UK, which Home-Start Glasgow South is affiliated with. |
Grant Income | Expenditure |
2024 | 2023 | 2024 | 2023 |
£ | £ | £ | £ |
Home-Start UK | 21,000 | 41,025 | 11,036 | 10,775 |
21,000 | 41,025 | 11,036 | 10,775 |
No amounts were outstanding at the reporting end date (2023: £nil). |