IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY Medium entities Audited These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. Medium-sized companies regime for accounts Full Charities SORP true true true true true true true false true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2808612023-03-31SC2808612024-03-31SC2808612023-04-012024-03-31SC2808612022-03-31SC2808612022-04-012023-03-31SC2808612023-03-31SC280861ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC280861ns15:PoundSterling2023-04-012024-03-31SC280861ns11:MediumEntities2023-04-012024-03-31SC280861ns11:Audited2023-04-012024-03-31SC280861ns11:Medium-sizedCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC280861ns11:Medium-sizedCompaniesRegimeForAccounts2023-04-012024-03-31SC280861ns11:FullAccounts2023-04-012024-03-31SC280861ns11:CharitiesSORP2023-04-012024-03-31SC280861ns16:EnglandWales2023-04-012024-03-31SC280861ns11:RegisteredOffice2023-04-012024-03-31SC280861ns0:Trustee12023-04-012024-03-31SC280861ns0:Trustee22023-04-012024-03-31SC280861ns0:Trustee32023-04-012024-03-31SC280861ns0:Trustee42023-04-012024-03-31SC280861ns0:Trustee52023-04-012024-03-31SC280861ns0:Trustee62023-04-012024-03-31SC280861ns0:Trustee72023-04-012024-03-31SC280861ns0:Trustee82023-04-012024-03-31SC280861ns0:Trustee92023-04-012024-03-31SC280861ns0:Trustee102023-04-012024-03-31SC280861ns0:Trustee112023-04-012024-03-31SC280861ns11:CompanySecretary12023-04-012024-03-31SC280861ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC280861ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC280861ns0:Activity82023-04-012024-03-31SC280861ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-31SC280861ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC280861ns0:Activity82022-04-012023-03-31SC280861ns0:TotalUnrestrictedFunds2023-03-31SC280861ns0:TotalRestrictedIncomeFunds2023-03-31SC280861ns0:TotalUnrestrictedFunds2024-03-31SC280861ns0:TotalRestrictedIncomeFunds2024-03-31SC280861ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC280861ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-31SC280861ns10:WithinOneYear2024-03-31SC280861ns10:WithinOneYear2023-03-31SC28086112023-04-012024-03-31SC280861ns10:FurnitureFittingsToolsEquipment2023-04-012024-03-31SC280861ns10:ComputerEquipment2023-04-012024-03-31SC28086122023-04-012024-03-31SC28086132023-04-012024-03-31SC28086112023-04-012024-03-31SC28086112022-04-012023-03-31SC280861ns10:OwnedAssets2023-04-012024-03-31SC280861ns10:OwnedAssets2022-04-012023-03-31SC280861ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC280861ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC280861ns0:TotalUnrestrictedFundsns0:Activity82022-04-012023-03-31SC280861ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC280861ns10:FurnitureFittings2023-03-31SC280861ns10:ComputerEquipment2023-03-31SC280861ns10:FurnitureFittings2023-04-012024-03-31SC280861ns10:FurnitureFittings2024-03-31SC280861ns10:ComputerEquipment2024-03-31SC280861ns10:FurnitureFittings2023-03-31SC280861ns10:ComputerEquipment2023-03-31
REGISTERED COMPANY NUMBER: SC280861 (Scotland)
REGISTERED CHARITY NUMBER: SC030131













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
SC280861 (Scotland)

Registered Charity number
SC030131

Registered office
Pollokshaws Burgh Hall
2025 Pollokshaws Road
Glasgow
G43 1NE


HOME-START GLASGOW SOUTH (REGISTERED NUMBER: SC280861)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


Trustees
R Kelso Mason
M A Smith
F M Walker (resigned 4.10.23)
Dr D Singh (resigned 22.8.24)
A McCann
J McKee
S Miller
J Duncan
K McKinlay
D McCann (appointed 18.4.23)
M M Russell (appointed 29.11.23) (resigned 5.8.24)

Company Secretary
C P Boyle

Auditors
Bannerman Johnstone Maclay
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 9 October 2024 and signed on the board's behalf by:





R Kelso Mason - Trustee

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.




Douglas Paton BSc CA (Senior Statutory Auditor)
for and on behalf of Bannerman Johnstone Maclay
Chartered Accountants
and Statutory Auditor
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
213 St Vincent Street
Glasgow
G2 5QY

9 October 2024

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 13,198 - 13,198 31,701

Charitable activities 5
Supporting families 20,000 535,962 555,962 578,456

Other trading activities 3 1,466 - 1,466 1,558
Investment income 4 4,953 - 4,953 1,453
Total 39,617 535,962 575,579 613,168

EXPENDITURE ON
Charitable activities 6
Supporting families 87,558 556,308 643,866 583,383

NET INCOME/(EXPENDITURE) (47,941 ) (20,346 ) (68,287 ) 29,785
Transfers between funds 16 4,317 (4,317 ) - -
Net movement in funds (43,624 ) (24,663 ) (68,287 ) 29,785

RECONCILIATION OF FUNDS
Total funds brought forward 362,164 132,207 494,371 464,586

TOTAL FUNDS CARRIED FORWARD 318,540 107,544 426,084 494,371

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 8,443 11,118 19,561 27,004

CURRENT ASSETS
Debtors 14 4,360 15,702 20,062 53,653
Cash at bank and in hand 308,413 87,997 396,410 459,907
312,773 103,699 416,472 513,560

CREDITORS
Amounts falling due within one year 15 (2,676 ) (7,273 ) (9,949 ) (46,193 )

NET CURRENT ASSETS 310,097 96,426 406,523 467,367

TOTAL ASSETS LESS CURRENT
LIABILITIES

318,540

107,544

426,084

494,371

NET ASSETS 318,540 107,544 426,084 494,371
FUNDS 16
Unrestricted funds 318,540 362,164
Restricted funds 107,544 132,207
TOTAL FUNDS 426,084 494,371


The financial statements were approved by the Board of Trustees and authorised for issue on 9 October 2024 and were signed on its behalf by:





R Kelso Mason - Trustee

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 - 20% on cost and 10% on cost
Computer equipment - 20% on cost

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 13,198 28,593
Gift aid - 3,108
13,198 31,701

3. OTHER TRADING ACTIVITIES
2024 2023
£    £   
Fundraising events 1,466 1,558

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 7,967 8,488

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 474,024 425,341
Social security costs 32,621 30,703
Other pension costs 21,731 20,268
528,376 476,312

The average monthly number of employees during the year was as follows:

2024 2023
Supporting families 25 21

No employees received emoluments in excess of £60,000.

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 13,171 18,530 31,701

Charitable activities
Supporting families 80,410 498,046 578,456

Other trading activities 1,558 - 1,558
Investment income 1,453 - 1,453
Total 96,592 516,576 613,168

EXPENDITURE ON
Charitable activities
Supporting families 92,087 491,296 583,383

NET INCOME 4,505 25,280 29,785
Transfers between funds (6,249 ) 6,249 -
Net movement in funds (1,744 ) 31,529 29,785

RECONCILIATION OF FUNDS
Total funds brought forward 363,908 100,678 464,586

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 23,292 64,436 87,728
Additions 364 160 524
At 31 March 2024 23,656 64,596 88,252
DEPRECIATION
At 1 April 2023 20,513 40,211 60,724
Charge for year 511 7,456 7,967
At 31 March 2024 21,024 47,667 68,691
NET BOOK VALUE
At 31 March 2024 2,632 16,929 19,561
At 31 March 2023 2,779 24,225 27,004

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,253 44,153
Other debtors 4,809 9,500
20,062 53,653

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,613 7,994
Accruals and deferred income 3,336 38,199
9,949 46,193


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
362,164 (47,941 ) 4,317 318,540
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
132,207 (20,346 ) (4,317 ) 107,544
TOTAL FUNDS 494,371 (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 )
39,617 (87,558 ) (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
535,962 (556,308 ) (20,346 )
TOTAL FUNDS 575,579 (643,866 ) (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
2024202320242023
£   £   £   £   
Home-Start UK21,00041,02511,03610,775
21,00041,02511,03610,775

No amounts were outstanding at the reporting end date (2023: £nil).