# ## ## ||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|