2021-12-31-accounts - Headway Bristol Brain Injury Association Limited

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CONTENTS	PAGES
Trustees' Annual Report	1 —10
Reference 8 Administrative Information
Independent Examiner's Report	12
Statement of Financial Activities	13
Balance Sheet	14
Cash Flow Statement	15
Notes to the Financial Statements	16 —25

		2021	2020
Unrestricted Funds:
Designated	funds for relocation	300,000	300,000
Minimum level ofreserves		300,000	300,000
Other general reserves		212,209	104,544
Restricted Funds:		11,720	1,000
Total Funds		823,929	705,544

			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2021	2020
		Note	F	f	f	f
Income from:
Donations	and grants		95,069	10,720	105,789	112,531
Other trading activities			1,082		1,082	1,437
Charitable	activities		384,369		384,369	402,391
Investments			15,270		15,270	16,016
Total income			495,790	10,720	506,510	532,375
Expenditure on:
Raising funds			6,418		6,418	4,325
Charitable	activities		458,181		458,181	443,224
Total expenditure			464,599		464,599	447,549
Gains/(losses)	on investments	12	76,474		76,474	8,558
Net income/(expenditure)			107,665	10,720	118,385	93,384
Transfers between funds		17
Net movement	in funds		107,665	10,720	118,385	93,384
Total funds at	1 January	17	704,544	1,000	705,544	612,160
Total funds at	31 December	17	812,209	11,720	823,929	705,544


AS AT 3	1 DEC	E	MBER 2021			Company	number 02659120
					2021		2020
				Note
Fixed assets
Tangible assets				11	25,533		30,355
Investments				12	770,767		584,450
					796,300		614,805
Current assets
Debtors				13	31,758		28,569
Cash at bank and		in	hand		64,128		97,167
					95,886		125,736
Creditors:	amounts		falling due within one year	14	68,257		34,997
Net current	assets				27,629		90,739
Net assets					823,929		705,544
Funds
Designated	funds			18	300,000		300,000
General funds				18	512,209		404,544
Total unrestricted		funds			812,209		704,544
Restricted	funds			18	11,720		1,000
					823,929		705,544

					2021	2020
				Note
Net cash	inflow/(outflow)	from operating	activities	15	62,640	84,143
Non-operational cashflows:
Investing	activities
Purchase	offixed assets				(1,106)	(21,647)
Payments	for investments				(415,295)	(169,536)
Proceeds	from sale of investments				305,682	81,560
Investment	income				15,270	16,016
Net cash	inflow/(outflow)	for the year		16	(32,809)	(9,464)

				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
				F	F	F
Donations				24,564	10,720	35,284
Bristol, N Somerset &SGloucestershire			CCG Grant	37,500		37,500
Local authority		Infection control Grant		32,353		32,353
Membership	fees			151		151
Gift Aid				501		501
				95,069	10,720	105,789
Prior year	comparatives			Unrestricted	Restricted	Total Funds
				Funds	Funds	2020
				F	F	F
Donations				26,389		26,389
Bristol, N Somerset &SGloucestershire			CCG Grant	30,075		30,075
Local authority		Infection control Grant		54,735		54,735
Membership	fees			696		696
				111,895		111,895

Income from charit	able	ac	tivities
				Unrestricted		Restricted	Total Funds	Total Funds
Service Contracts:					Fundsf	Funds f	2021 f	2020f
Bristol City Council				175,724			175,724	206,392
South Gloucestershire		Council		140,154			140,154	140,852
North Somerset Council					22,161		22,161	23,110
Private attendance	fees				46,330		46,330	32,037
				384,369			384,369	402,391
The prior year comparatives			are represented	by unrestricted	funds.
Income from investments
				Unrestricted		Restricted	Total Funds	Total Funds
					Fundsf	Funds f	2021 f	2020 f
Dividends					15,179		15,179	15,772
Interest Received					91		91	244
					15,270		15,270	16,016

				Support	Total costs
			Direct costsf	costsf	2021f
Activities:
Headway	Centre		111,532	93,331	204,863
Outreach			146,489	90,416	236,905
Support	8 Carers, Young People and	Community	3,183	13,230	16,413
			261,204	196,977	458,181
Prior year				Support	Total costs
			Direct costsf	costsf	2020f
Headway	Centre		91,236	80,888	172,124
Outreach			131,893	84,074	215,967
Support 8	Carers, Young People and	Community	4,660	50,473	55,133
			227,789	215,435	443,224

Support co	sts
			2021	2020
Management	staff	costs	88,053	137,567
Staff costs			50,846	52,926
Publications			48	47
Recruitment	costs		2,224	345
Training			5,671	(5,629)
Insurance			2,090	2,160
Travelling and accommodation			4,689	3,684
Volunteers'	expenses			17
Rent			10,720	1,581
Repairs and	maintenance		44	31
ITcosts			11,308	2,540
Membership	fees		865	127
Legal and professional			4,191	2,213
Printing, stationery		and postage	3,002	2,920
Depreciation			5,928	6,548
Governance	(note	6)	2,286	2,451
Other costs			5,012	5,907
			196,977	215,435

Governance	co	sts
				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2021	2020
Independent	examination		fees - current year	2,100		2,100	2,196
underprovided		in prior year		186		186	240
AGM and trustee		meeting	costs				15
				2,286		2,286	2,451

				2021	2020
Depreciation				5,928	6,548
Independent	examiner's		fee	2,100	2,196
Trustees' expenses		(Nil	trustees)

			2021	2020
Wages and	salaries		317,553	371,257
Social security costs			16,613	21,161
Employers	pension	contributions	8,116	9,784
			342,282	402,202

The average weekly number ofemployees during the was as follows:	year, calculated on the basis ofa headcount,
	2021	2020
	No.	No.
Administration	6	6
Care and support	19	19
	25	25

10 Fund com	paratives
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
Income from:
Donations		112,531		112,531
Other trading activities		1,437		1,437
Charitable	activities	402,391		402,391
Investments		16,016		16,016
Total income		532,375		532,375
Expenditure on:
Raising funds		4,325		4,325
Charitable	activities	443,224		443,224
Total expenditure		447,549		447,549
Gains/(losses)	on investments	8,558		8,558
Net income/(expenditure)		93,384		93,384
Transfers between funds		20,000	(20,000)
Net movement	in funds	113,384	(20,000)	93,384
Total funds at	1 January	591,160	21,000	612,160
Total funds at	31 December	704,544	1,000	705,544

11	Tangible fixed assets
		Leasehold		Computer	Motor
		Property	Equipment	Equipment	Vehicles	Total
	Cost
	At 1 January 2020	247,692	25,079	22,489	51,099	346,359
	Additions			1,106		1,106
	At 31 December 2021	247,692	25,079	23,595	51,099	347,465
	Depreciation
	At 1 January 2020	247,692	22,210	19,403	26,699	316,004
	Charge for the year		430	618	4,880	5,928
	At 31 December 2021	247,692	22,640	20,021	31,579	321,932
	Net book value
	At 31 December 2021		2,439	3,574	19,520	25,533
	At 31 December 2020		2,869	3,086	24,400	30,355
12	Investments
					2021	2020
	Market value as at 1 January				584,450	514,445
	Additions at cost				415,295	169,536
					999,745	683,981
	Sale proceeds				(305,682)	(81,560)
	Gain on sales				49,763	2,934
					743,826	605,355
	(Decrease) / increase	in cash deposit held by brokers			230	(26,529)
	Unrealised (loss)/gain	on revaluation			26,711	5,624
	Market value as at 31	December			770,767	584,450
	Historical cost at 31 December				663,140	503,477
13	Debtors
					2021	2020
	Trade debtors				27,165	23,505
	Prepayments, Other debtors and accrued income				4,593	5,064
					31,758	28,569

Creditors: amounts falling due within one year
	2021	2020
Trade creditors	9,158	4,552
Accruals	2,834	1,878
Deferred income	10,000	7,500
Other creditors	46,265	21,067
	68,257	34,997

				2021	2020
Statement of Financial Activities: net movement			in funds	118,385	93,384
Depreciation				5,928	6,548
Loss / (gain) on investments				(26,711)	(5,624)
Investment income				(15,270)	(16,016)
Profit on sale of investments				(49,763)	(2,934)
(Decrease)/increase in creditors				33,260	(7,725)
(Increase)/decrease in debtors				(3,189)	16,510
Net cash inflow/(outflow)	from operating	activities		62,640	84,143

			2021	2020	Movement
			F	f	E
Cash	at bank and	in hand	64,128	97,167	(33,039)
Cash	in investment	brokers account	7,356	7,126	230
Cash	and cash equivalents		71,484	104,293	(32,809)
			2020	2019	Movement
Cash	at bank and	in hand	97,167	80,102	17,065
Cash	in investment	brokers account	7,126	33,655	(26,529)
Cash	and cash equivalents		104,293	113,757	(9,464)

Movement	in	funds	funds
					1 January	Income	Expenditure		31 December
					2021f	and gains F	and losses f	Transfers f	2021 f
Unrestricted		funds
Designated	funds		- relocation costs		300,000				300,000
General funds					404,544	572,264	(464,599)		512,209
									812,209
Restricted	funds
Activities					1,000				1,000
John James	- christmas			event		720			720
CRM						10,000			10,000
					1,000	10,720			11,720
Total funds					705,544	582,984	464,599		823,929
Prior year
					1 January	Income	Expenditure		31 December
					2020	and gains	and losses	Transfers	2020
Unrestricted		funds
Designated	funds		- relocation costs		250,000			50,000	300,000
General funds					341,160	540,933	(447,549)	(30,000)	404,544
Restricted	fund
John James	-	replacement		van	20,000			(20,000)
Activities					1,000				1,000
					21,000			(20,000)	1,000
Total funds					612,160	540,933	(447,549)		705,544

Analysis of	net assets between funds
			Tangible	Other
Year ended	31 December 2021	Investments	Fixed assets	Net assets	Total
			F	F	F
Unrestricted	funds
Designated	funds	300,000			300,000
General funds		470,767	25,533	15,909	512,209
		770,767	25,533	15,909	812,209
Restricted funds				11,720	11,720
		770,767	25,533	27,629	823,929

Analysis of	net assets between funds - p	rior year
			Tangible	Other
Year ended	31 December 2020	Investments	Fixed assets	Net assets	Total
			F	F	F
Unrestricted	funds
Designated	funds	300,000			300,000
General funds		284,450	30,355	89,739	404,544
		584,450	30,355	89,739	704,544
Restricted	funds			1,000	1,000
		584,450	30,355	90,739	705,544