This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-03-31-accounts
|
Pages |
| Reference and Administrative Details of the Company, its Trustees and Advisers |
1 |
| Chairman's Statement |
2 |
| Trustees’ Report |
3-10 |
| Independent Auditor's Report on the Financial Statements |
11-14 |
| Statement of Financial Activities |
15 |
| Balance Sheet |
16-17 |
| Statement of Cash Flows |
18 |
| Notes to the Financial Statements |
19-34 |
| T rustees |
Owen Thurtle, Chair |
|
Kevin Woollard, Chair (resigned 7 September2020) |
|
Terence Hunt, Vice Chair |
|
Roy Dunnett, Hon Treasurer |
|
Tom Cook |
|
Humphry Adair |
|
Gayle Fogg-Elliot |
|
Mohammad Al-Masud (resigned 18 June 2020) |
|
Timothy Humpage |
|
Sajid Alam |
|
Carole Almond (appointed 7 September 2020) |
|
Alec Charnley (appointed 7 September 2020) |
|
Hazel Chittock (appointed 7 September 2020) |
|
Susan Smith (appointed 7 September 2020) |
|
Richard Foyster (appointed 21 April 2021) |
| Company registered |
|
| number |
03731392 |
| Charity registered |
|
| number |
1075338 |
| Registered office |
Epsilon House |
|
West Road |
|
Ipswich |
|
IP3 9FJ |
| Website |
www.headwaysuffolk.org.uk |
| Chief Executive Officer |
Helen Fairweather |
| Independent auditor |
Scrutton Bland LLP |
|
Chartered Accountants |
|
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
| Bankers |
Barclays, Saffron Building Society, COIF, Lloyds Bank and CAF |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2021 |
2021 |
2021 |
2020 |
|
Notes |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and grants |
2 |
467,968 |
471,958 |
939,926 |
287,514 |
| Charitable activities |
3 |
806,085 |
290 |
806,375 |
1,153,127 |
| Fundraising activities |
4 |
8,044 |
- |
8,044 |
27,373 |
| Investments |
5 |
152 |
- |
152 |
693 |
| Other income |
6 |
54,706 |
- |
54,706 |
80,069 |
| Total income |
|
1,336,955 |
472,248 |
1,809,203 |
1,548,776 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
9 |
988,000 |
450,511 |
1,438,511 |
1,541,494 |
| Other expenditure |
11 |
94,548 |
- |
94,548 |
- |
| Total expenditure |
|
1,082,548 |
450,511 |
1,533,059 |
1,541,494 |
| Net movement in funds |
|
254,407 |
21,737 |
276,144 |
7,282 |
| Reconciliation of funds: |
|
|
|
|
|
| Total funds brought forward |
|
600,284 |
65,245 |
665,529 |
658,247 |
| Net movement in funds |
|
254,407 |
21,737 |
276,144 |
7,282 |
| Total funds carried forward |
|
854,691 |
86,982 |
941,673 |
665,529 |
|
|
|
2021 |
|
2020 |
|
Notes |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
14 |
|
835,463 |
|
791,473 |
|
|
|
835,463 |
|
791,473 |
| Current assets |
|
|
|
|
|
| Debtors |
15 |
228,692 |
|
194,078 |
|
| Cash at bank and in hand |
22 |
531,526 |
|
207,910 |
|
|
|
760,218 |
|
401,988 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
16 |
(157,560) |
|
(134,990) |
|
| Net current assets |
|
|
602,658 |
|
266,998 |
| Total assets less current liabilities |
|
|
1,438,121 |
|
1,058,471 |
| Creditors: amounts falling due after more |
|
|
|
|
|
| than one year |
17 |
|
(496,448) |
|
(392,942) |
| Net assets |
|
|
941,673 |
|
665,529 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
18 |
|
86,982 |
|
65,245 |
| Unrestricted funds |
18 |
|
854,691 |
|
600,284 |
| Total funds |
|
|
941,673 |
|
665,529 |
|
2021 |
2020 |
|
£ |
£ |
| Cash flows from operating activities |
|
|
| Net cash used in operating activities |
357,686 |
44,150 |
| Cash flows from investing activities |
|
|
| Interest received |
152 |
693 |
| Proceeds from the sale of tangible fixed assets |
70,254 |
- |
| Purchase of tangible fixed assets |
(23,050) |
(48,727) |
| Net cash generated from/(used in) investing activities |
47,356 |
(48,034) |
| Cash flows from financing activities |
|
|
| Repayments of borrowings |
(13,974) |
(33,914) |
| Repayments of finance leases |
(67,452) |
- |
| Net cash used in financing activities |
(81,426) |
(33,914) |
| Change in cash and cash equivalents in the year |
323,616 |
(37,798) |
| Cash and cash equivalents atthe beginning of the year |
207,910 |
245,708 |
| Cash and cash equivalents at the end ofthe year |
531,526 |
207,910 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Donations |
411,133 |
- |
411,133 |
74,344 |
| Grants |
- |
471,958 |
471,958 |
213,170 |
| Coronavirus job retention scheme income |
56,835 |
- |
56,835 |
- |
|
467,968 |
471,958 |
939,926 |
287,514 |
| Total 2020 |
73,870 |
213,644 |
287,514 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Attendance and support fees |
806,085 |
290 |
806,375 |
1,153,127 |
| Total 2020 |
1,153,127 |
- |
1,153,127 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Fundraising activities |
8,044 |
8,044 |
27,373 |
| Total 2020 |
27,373 |
27,373 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Interest receivable |
152 |
152 |
693 |
| Total 2020 |
693 |
693 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Transport income |
15,089 |
15,089 |
49,084 |
| Lunch income |
10,223 |
10,223 |
19,536 |
| Miscellaneous Income |
2,944 |
2,944 |
11,449 |
| Profit on sale of tangible fixed assets |
26,450 |
26,450 |
- |
|
54,706 |
54,706 |
80,069 |
| Total 2020 |
80,069 |
80,069 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Property and office |
95,206 |
66,812 |
162,018 |
157,042 |
| Services |
86,064 |
3,600 |
89,664 |
100,710 |
| Staff training and recruitment |
10,038 |
118 |
10,156 |
10,275 |
| Wages and salaries |
669,401 |
363,553 |
1,032,954 |
1,111,162 |
| National insurance |
66,389 |
4,008 |
70,397 |
70,585 |
| Pension cost |
21,212 |
2,061 |
23,273 |
26,967 |
| Depreciation |
26,582 |
10,359 |
36,941 |
51,770 |
|
974,892 |
450,511 |
1,425,403 |
1,528,511 |
| Total 2020 |
1,250,606 |
312,300 |
1,562,906 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Auditor’s remuneration and management fees |
8,150 |
8,150 |
8,308 |
| Wages and salaries |
4,958 |
4,958 |
4,675 |
|
13,108 |
13,108 |
12,983 |
| Total 2020 |
12,812 |
12,812 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Direct costs and expenditure on governance |
988,000 |
450,511 |
1,438,511 |
1,541,494 |
| Total 2020 |
1,281,609 |
259,885 |
1,541,494 |
|
|
|
|
|
Total |
Total |
|
**Staff costs ** |
Depreciation |
Other costs |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Direct costs and expenditure on |
|
|
|
|
|
| governance |
1,131,582 |
36,941 |
269,988 |
1,438,511 |
1,541,494 |
| Total 2020 |
1,213,389 |
51,770 |
276,335 |
1,541,494 |
|
|
2021 |
2020 |
|
£ |
£ |
| This is stated after charging: |
|
|
| Depreciation of tangible fixed assets - owned by the charity |
36,941 |
51,770 |
| Auditor's remuneration - audit |
5,850 |
5,900 |
| Operating lease rentals - plant and machinery |
6,528 |
6,068 |
| Operating lease rentals - land and buildings |
21,500 |
37,445 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Impairment of assets under construction |
94,548 |
94,548 |
|
|
2021 |
2020 |
|
£ |
£ |
| Wages and salaries |
1,037,912 |
1,115,837 |
| Social security costs |
70,397 |
70,585 |
| Contribution to defined contribution pension schemes |
23,273 |
26,967 |
|
1,131,582 |
1,213,389 |
| The average number of persons employed by the company during the year was as follows: |
The average number of persons employed by the company during the year was as follows: |
|
|
2021 |
2020 |
|
No. |
No. |
| Average monthly number of employees |
62 |
73 |
|
|
2021 |
2020 |
|
|
No. |
No. |
| In the band £60,001 |
- £70,000 |
|
1 |
| In the band £70,001 |
- £80,000 |
1 |
|
|
Long-term |
|
|
Assets |
|
|
leasehold |
Motor |
Fixtures and |
under |
|
|
property |
vehicles |
fittings |
construction |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
|
| At 1 April 2020 |
654,034 |
272,748 |
29,571 |
94,548 |
1,050,901 |
| Additions |
- |
219,283 |
- |
- |
219,283 |
| Disposals |
- |
(136,944) |
- |
(94,548) |
(231,492) |
| At 31 March 2021 |
654,034 |
355,087 |
29,571 |
- |
1,038,692 |
| Depreciation |
|
|
|
|
|
| At 1 April 2020 |
41,176 |
189,248 |
29,004 |
|
259,428 |
| Charge for the year |
- |
36,374 |
567 |
- |
36,941 |
| On disposals |
- |
(93,140) |
- |
- |
(93,140) |
| At 31 March 2021 |
41,176 |
132,482 |
29,571 |
- |
203,229 |
| Netbookvalue |
|
|
|
|
|
| At 31 March 2021 |
612,858 |
222,605 |
- |
- |
835,463 |
| At 31 March 2020 |
612,858 |
83,500 |
567 |
94,548 |
791,473 |
|
2021 |
2020 |
|
£ |
£ |
| Duewithin one year |
|
|
| Trade debtors |
103,339 |
96,134 |
| Other debtors |
79,883 |
73,017 |
| Prepayments |
45,470 |
24,927 |
|
228,692 |
194,078 |
|
2021 |
2020 |
|
£ |
£ |
| Bank loans |
18,943 |
13,757 |
| Obligations under finance lease and hire purchase contracts |
29,341 |
23,226 |
| Trade creditors |
17,610 |
11,036 |
| Other taxation and social security |
21,208 |
20,277 |
| Other creditors |
5,987 |
5,099 |
| Accruals and deferred income |
64,471 |
61,595 |
|
157,560 |
134,990 |
|
2021 |
2020 |
|
£ |
£ |
| Bank loans |
332,006 |
351,166 |
| Net obligations under finance lease and hire purchase contracts |
164,442 |
41,776 |
|
496,448 |
392,942 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2020 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Property (less mortgage) |
- |
- |
- |
261,909 |
261,909 |
| Futute Premises |
120,767 |
- |
- |
14,685 |
135,452 |
| Therapists |
- |
- |
- |
60,000 |
60,000 |
| Vehicles |
- |
- |
- |
30,000 |
30,000 |
| Mental health nurse |
- |
- |
- |
40,000 |
40,000 |
| Leasehold Premises |
|
|
|
|
|
| Dilapidations |
10,000 |
- |
- |
(10,000) |
- |
|
130,767 |
- |
- |
396,594 |
527,361 |
| General funds |
|
|
|
|
|
| General Funds - all funds |
469,517 |
1,336,955 |
(1,082,548) |
(396,594) |
327,330 |
| Total Unrestricted funds |
600,284 |
1,336,955 |
(1,082,548) |
- |
854,691 |
| Restricted funds |
|
|
|
|
|
| Restricted Funds - all funds |
65,245 |
472,248 |
(450,511) |
- |
86,982 |
| Total of funds |
665,529 |
1,809,203 |
(1,533,059) |
|
941,673 |
|
|
|
|
|
Balance at |
|
Balance at |
|
Expend- |
Transfers |
31 March |
|
1 April 2020 |
Income |
iture |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| DfT, Minibuses x 2 |
6,699 |
- |
(6,699) |
- |
- |
| Broomton Foundation, |
|
|
|
|
|
| Therapists |
- |
50,000 |
(12,000) |
- |
38,000 |
| New Build - Buy a Brick |
10,758 |
- |
- |
- |
10,758 |
| Suffolk Community Foundation, |
|
|
|
|
|
| Suffolk, Carers Fund - |
|
|
|
|
|
| Counselling |
19,562 |
10,003 |
(9,644) |
|
19,921 |
| Big Lottery Fund, Brainy Dogs |
|
|
|
|
|
| (3) |
- |
69,735 |
(69,735) |
- |
- |
| Big Lottery Fund, Sensory |
|
|
|
|
|
| Garden, New Build |
5,000 |
- |
- |
- |
5,000 |
| Slater Gordon, Hospital Nurse |
417 |
- |
(417) |
- |
- |
| Petplan Charitable Trust, |
|
|
|
|
|
| Brainy Dogs Vehicle |
2,192 |
|
(2,192) |
- |
- |
| Suffolk Community Foundation, |
|
|
|
|
|
| 186815 |
4,496 |
- |
- |
- |
4,496 |
| Brainy Dogs Fund |
139 |
200 |
(339) |
- |
- |
| Edward Gosling Foundation, |
|
|
|
|
|
| Counselling |
- |
2,500 |
(2,500) |
- |
- |
| Mid Suffolk District Council |
- |
1,000 |
(1,000) |
- |
- |
| Ipswich BC, general |
|
|
|
|
|
| employment costs |
- |
4,000 |
(4,000) |
- |
- |
| Lottery 20126116, General |
|
|
|
|
|
| Covid 19 Costs |
- |
10,000 |
(10,000) |
- |
- |
| SCC Covid Grant for Staff & |
|
|
|
|
|
| PPE |
- |
27,771 |
(27,771) |
- |
- |
| The Julia and Hans Rausing |
|
|
|
|
|
| Trust |
- |
200,000 |
(200,000) |
- |
- |
| SCC Infection Control Fund |
|
|
|
|
|
| (ICF) R1 |
- |
2,120 |
(2,120) |
- |
- |
| Suffolk County Council, Locality |
|
|
|
|
|
| Budget, Mobile Shop |
786 |
“ |
(786) |
“ |
- |
| St Edmunds Trust, Sara Stedy |
|
|
|
|
|
| Device |
992 |
- |
(302) |
- |
690 |
| Russ Rainger, Therapy |
|
|
|
|
|
| Sessions |
1,000 |
- |
- |
- |
1,000 |
| Suffolk County Council, S Gage |
|
|
|
|
|
| Locality Budget, Mobile Shop |
500 |
|
(380) |
|
120 |
| L D Rope 3rd Charitable |
|
|
|
|
|
|
| Settlement, Gardening |
|
|
|
|
|
|
| Equipment, Allotment |
300 |
- |
(25) |
|
- |
275 |
| Big Lottery Fund, Therapists & |
|
|
|
|
|
|
| Counselling |
_ |
60,689 |
(60,689) |
|
|
. |
| Running costs of the Aldeburgh |
|
|
|
|
|
|
| Hub, agreed |
5,704 |
_ |
(4,086) |
|
_ |
1,618 |
| East Suffolk Council, New Car |
|
|
|
|
|
|
| funding |
3,500 |
_ |
_ |
|
. |
3,500 |
| Suffolk Community Foundation |
|
|
|
|
|
|
| 197591 |
2,000 |
_ |
(2,000) |
|
. |
. |
| Mrs LD Rope Third Charitable |
|
|
|
|
|
|
| Trust, Fish & Chip Group |
_ |
4,200 |
(2,596) |
|
_ |
1,604 |
| Groundwork UK, Counselling |
1,000 |
- |
(1,000) |
|
- |
- |
| St Edmunds Trust, PPE |
|
|
|
|
|
|
| Donation |
_ |
1,650 |
(1,650) |
|
_ |
. |
| The Edward Gostling |
|
|
|
|
|
|
| Foundation |
_ |
5,000 |
(5,000) |
|
. |
|
| SCC Infection Control Fund |
|
|
|
|
|
|
| (ICF) R2 |
_ |
4,593 |
(4,593) |
|
. |
. |
| SCC Infection Control Fund |
|
|
|
|
|
|
| (ICF) Day hubs Inst 1&2 |
_ |
15,955 |
(15,955) |
|
. |
. |
| SCC - Workforce Capacity |
|
|
|
|
|
|
| Fund |
_ |
967 |
(967) |
|
_ |
. |
| SCC - Running Costs |
- |
1,575 |
(1,575) |
|
- |
- |
| Counselling |
- |
290 |
(290) |
|
- |
- |
| Belstead Village Hall |
200 |
- |
(200) |
|
_ |
|
| Total |
65.245 |
472.248 |
(450.511) |
- |
|
86.982 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Tangiblefixed assets |
835,463 |
- |
835,463 |
| Current assets |
648,236 |
111,982 |
760,218 |
| Creditors duewithin one year |
(132,560) |
(25,000) |
(157,560) |
| Creditors due in more than one year |
(496,448) |
- |
(496,448) |
| Total |
854,691 |
86,982 |
941,673 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
|
£ |
£ |
£ |
| Tangible fixed assets |
781,876 |
9,597 |
791,473 |
| Current assets |
311,338 |
90,650 |
401,988 |
| Creditors due within one year |
(99,988) |
(35,002) |
(134,990) |
| Creditors due in more than one year |
(392,942) |
- |
(392,942) |
| Ttl |
600,284 |
65,245 |
665,529 |
|
2021 |
2020 |
|
£ |
£ |
| Net income for the year (as per Statement of Financial Activities) |
276,144 |
7,282 |
| Adjustments for: |
|
|
| Depreciation |
36,941 |
51,770 |
| Interest receivable |
(152) |
(693) |
| Loss/(profit) on the sale of fixed assets |
(26,450) |
- |
| Increase in debtors |
(34,614) |
(37,529) |
| Increase in creditors |
11,269 |
23,320 |
| Net cash provided by operating activities |
263,138 |
44,150 |
|
2021 |
2020 |
|
£ |
£ |
| Cash at bank and in hand |
531,526 |
207,910 |
| Total cash and cash equivalents |
531,526 |
207,910 |
|
|
|
|
Other non |
|
|
At 1 April |
|
New finance |
cash |
At 31 March |
|
2020 |
Cash flows |
leases |
changes |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Cash at bank and in hand |
207,910 |
323,616 |
- |
- |
531,526 |
| Debt due within 1 year |
(13,757) |
13,974 |
- |
(19,160) |
(18,943) |
| Debt due after 1 year |
(351,166) |
- |
- |
19,160 |
(332,006) |
| Finance leases |
(65,002) |
67,452 |
(196,233) |
- |
(193,783) |
|
(222,015) |
405,042 |
(196,233) |
- |
(13,206) |
|
2021 |
2020 |
|
£ |
£ |
| Not later than 1 year |
27,712 |
27,568 |
| Later than 1 yearand not laterthan 5 years |
46,382 |
64,808 |
|
74,094 |
92,376 |