2023-03-31-accounts - Headway Norfolk And Waveney Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees		1-4
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Statement ofCash Flows
Notes		9-19

		FOR THE Y	EAR END	ED 31 MARCH	2023
				Unrestricted	Restricted	2023	2022
			Note	funds	funds	total	total
INCOME
Donations, grants and	legacies			29,720		29,720	27,974
Income from charitable	activities			859,898	32,477	892,375	775,048
investment income				2,836		2,838	489
Other income				64,130		64 130
TOTAL INCOME				956,584	32,477	989,061	803,511
EXPENDITUftE
Costs of raising funds			6	4,437		4,437	3,507
Expenditure on charitable activities			7	1,017,500	35,475	1,052,975	776740
TOTAL EXPENDITURE				1,021,937	35,475	1 057412	780247
NET INCOMB(EXPENDITURE)		AND
NET MOVEMENT FOR	THE YEAR		8	(65,353)	(2,998)	(68,351)	23,264
Fund balances brought	forward		14	311,826	4,519	316,345	293,081
FUND BALANCES CARRIED FORWARD			14	246,473	1,521	247,994	316345

				2023
				6
Net income				(68,351)	23,264
Adjustments:
Depreciation / Amortise tion Investment income (Increase)/Decrease in debtors (Decrease)/Increase in creditors				11,268 (2,836) (81,508) 20,064	9,392 (489) 5,006 6786
Net cash provided by operating activities				(141,491)	30,387
Cash flows from investing activities:
Interest Purchase offixed assets				2,836 489 2616~012,6~60
Net cash provided used in investing	activities			28986	1~2,171
Change in cash and cash equivalents	in the	reporting	period	(112,505)	18,216
Cash and cash equivalents at the beginning		ofihe period		241 035	222 819
Cash and cash equivalents at the end ofthe period				128,530	2~41 035

hom were engaged in the pursuit ofthe charita	ble activities of the coinpany.	,
	2023	2022
Wages and salaries Social security costs Pension cost	670,090 34,877 18,214	514,860 29;589 13,113
	723,181	557582

	Unrestricted	Unrestricted	Restricted	2023	2022
		E	F	8	E
Donations	29,720			29,720	27,974
	29	720		29,720	27,974
All ofthe income previous	year relates to unrestricted	funds.
NCOME FROM CHARITABLE ACTIVITIES
	Unrestricted 8		Restricted f	2023 5	2022 8
County Council payments	531,751			531,751	376,076
Grants received	124,101		32,477	156,578	258,245
Other client payments	198,189			198,189	128,148
Lunch and tuck shop income		5,822		5,822	7,458
Rental income					3,489
Fund raising		35		35	308
Other income					1,324
	859,898		32,477	892,375	775,048
ll ofthe income previous	year relates to unrestricted	funds,
THER.INCOME
				2023	2022
				9
Profit on disposal offixed	assets			64,130
OSTS OF RAISING FUNDS
				2023	2022
				E
Fund raising costs				4,437	3,507

		2023	2022
		6
Direct costs;
Client activities Light, heat and water Direct salaries Staff othe~ costs		18,028 2,078 578,545 27,815	12,986 1,994 439,181.
Lunch costs		2,428	10,757
Depreciation —furniture	and fittings	1,337	6
Depreciation —computer		5,904	6,191
Amortisation —website		1,211
General and cleaning		11,410	3,665
Equipment repairs and	maintenance	15,897	10,805
Support costs:
Light, heat and water			665
Property repairs Travel expenses		4,900 12,772	4,605 8,117
Insurance		3,151	2,174
Depreciation —buildings			1,130
Depreciation —furniture	and fittings	446	2
Depreciation —computer		1,968	2,064
Amortisation —website		404
Printing, stationery and	advertising	6,423	18,472
Telephone and postage General and cleaning		10,231 2,852	9,470 916
Subscriptions and affiliation fess		14,366
Indirect salaries		144,636	118,381
Equipment repairs and maintenance Rent payable		3,974 109,745	2,701 42,995
Training and recruitment Bank charges	expenses	12,887 1,198	14,950
Bad debts			4,941
Equipment rental		1,816
Consultancy		27,859	24,691
Professional fees		22,129	30,515
Governance costs:
Accountancy and bookkeeping		5,872	4,366
TOTAL		1052 975	776740

TANGIBLE ASSETS
	Freehold	Fixtures,
	land and	fittings and	Computer
	buildings f	equipment 6	equipment 8	Total
COST
At 1 April 2022	109,161	68,834	98,205	276,200
Additions		1,732	15,088	16,820
Disposals	l109,19J1			109~181
At 31 March 2023		70,566	113293	183,859
DEPRECIATION/A
At 1 April 2022	33,909	68,792	70,423	173,124
Provided for the year Eliminated on disposal	~339119	267	9,387	9,654 +3~3909
At 31 March 2023		69,059	79,810	148,869
NET BOOK VALUE
At 31 March 2023		1,507		34,990
At 31 March 2022	75252	42	27,782	103,076

ch fund is represented by the f	ollowing assets and	liabilities:
2023
	Unrestricted		Restricted
	General	Designated	Fund
	6	6	2
Fixed assets Cash and bank balances Other current assets Current liabilities	85,656 87,009 78,987 ~25~179	40,000	1,521	65,656 128;530 78,98'7 ~25,179
Closing funds	206,473	40,000	1 521	247,994
2022
	Unrestricted		Restricted
	General	Designated	Fund	Total
			6	6
Fixed assets Cash and bank balances Other current assets Current liabilities	103,076 196,516 17,479 (45~245	40,000	4,519	103,076 241,035 17,479 ~45,245
Closing funds	271,826	40,000	4,519	316,345