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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 04184335 (England and Wales) REGISTERED CHARITY NUMBER: 1086140

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 21

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

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 2022. 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

Purposes and Aims

The main objectives of the charity are:-

In furtherance of these objectives, during the financial year 2021/22 Headway moved back to offering support through sessions following the easing of COVID-19 restrictions. Sessions were provided at the Mountbatten Centre and in the community. Outreach services, family members' meetings and structured activities were offered. All figures below are for service users from all geographic areas covered by Headway Portsmouth and South East Hampshire.

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and activities and in planning future activities.

All our charitable activities deliver public benefit because they are focused upon supporting those who have suffered brain injury, their families and carers, increasing public awareness of brain injury, improving treatment and rehabilitation / re enablement of those who have suffered brain injury and providing information to the public to promote the steps which can be taken to reduce or eliminate the prospects of others sustaining brain injury.

Public benefit

How our activities deliver public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and activities and in planning future activities.

All of our charitable activities deliver public benefit because they are focused upon supporting those who have suffered brain injury, their families and carers, increasing public awareness of brain injury, improving treatment and rehabilitation / re enablement of those who have suffered brain injury and providing information to the public to promote the steps which can be taken to reduce or eliminate the prospects of others sustaining brain injury.

Page 1

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE

Session support

The sessions started back in April 2021 with 62 service users attending sessions in the first month. Numbers were reduced and procedures were put in in place to comply with the COVID guidance. Gradually as the restrictions eased and our service users became more comfortable about going outside our numbers increased. By March 2022 our monthly throughput had increased to 429 service users attending our sessions. From June new service users were being invited along to join the sessions and over the year 41 new service users attended at least one session. During the year there were 109 regular service users attending one or more sessions a week with an average of 16 carers attending one of the weekly sessions.

Sessions were provided in Portsmouth, Gosport, and Petersfield areas. The average service user monthly attendance for Headway Portsmouth and South East Hampshire's Social Inclusion Community Outreach programmes was 109 up from 99 last year.

Service User Feedback

Below are some comments from our Service users.

"Fantastic team, have done so much for Karen and my family"

"Well done and thank you for all your support over the last few years"

"Brilliant well done I was so impressed with what you do to help those with ABI when I visited a well-deserved award, I wish we had the same over the border in West Sussex"

"Thank you for all your help you have given me"

"Such a good day with great company thanks to all the ladies who make Wednesdays such fun"

Awards

Winners of the Hampshire and Isle of Wight LTA Communities and Parks Tennis Award Winners of Peter Grinyer Hampshire and Isle of Wight Innovation Tennis Award Winners of Regional LTA Communities and Parks Tennis Award Prestige Award Disability Support Charity of the Year - South England

1 to 1 Support

Headway provides 1 to 1 support for many different needs during the year: -

Hospital project

Despite the hospital remaining under immense pressure following to the pandemic the Senior Support Worker managed to continue to maintain the link between the hospital workers and patients, which has led to a continued stream of referrals. There were 169 referrals from the hospital and other health professionals during this period, and 44 enquiries/advice. We assisted 62 service users with their benefits, such as PIP and a further 30 with other support such as applying for a brain injury card, blue badge, bus pass.

Training Courses

A variety of training programmes designed to support individual needs are run with the Tutor working with the individuals enabling them to understand and adjust to the effects of their brain injury, relearn lost skills, learn new skills, employs strategies and achieve personal progression goals at a pace that suits them. The following courses were held:

Brain Injury Awareness no courses ran this year due to the impact of the pandemic

Page 2

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Building confidence course - 1 course was held this year with 4 people attending, and one 1:1 course ran

Cognitive Reablement course - 1 course was held with 5 people attending, and three 1:1courses were run

Fatigue Management course - 5 courses were run in Dec with a total 50 people attending

Feedback

Each service user contracts to do courses and feedback is provided at the end of the course. Examples of feedback received during the year following completion of the Cognitive Reablement course is as follows: -

"We're so grateful that you've given so much kind extra time and wish you all the very best as well!"

"I'm so grateful for your continued support!"

The Family members / Carers Support Programme

Family members appreciate having the opportunity to talk with others who have been through similar traumatic experiences. To share stories and discus the challenges of caring for someone is of immense value. There is a range of experience within the group who can help with new contacts and are available to meet on an individual basis either by phone or 1-2-1 for a coffee and chat, with an invitation to join the groups if and when ready.

During the pandemic the group met at Northney Farm Tea Rooms, Hayling Island and they enjoyed the opportunity to meet in a normal relaxed environment where they could enjoy a coffee and treat in a comfortable atmosphere where they can meet inside during the winter and outdoor during the summer.

Volunteer Support

Volunteers returned to sessions during the year to provide invaluable support and links were resumed with Portsmouth University to encourage students to volunteer with the Charity

Charity Shops

The shops were fully back within the charity for this financial year and contributed extremely well to income.

FINANCIAL REVIEW

Funding

The results for this year show a surplus of £9,741

The on-going expenses mean that there are no funds available for long term investment and in the current financial climate the trustees do not consider that investment in funds other than those which are completely secure can be justified. Consequently, the funds available remain within the charity's bank accounts.

The trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of charitable activities expenditure. Budgeted expenditure for the charity for 2022/2023, is £124K.

The target reserves are therefore at least £31,000 in general funds. The reserves are needed to meet the ongoing cost of running the charity, including the shops. The level of free reserves at 31 March 2022 is £39,580 and therefore meet the requirement of the reserves policy.

Budget projections have been prepared for the forthcoming year, which demonstrate that the cash position of the charity should not deteriorate further in the coming year. As long as the income targets are met and expenditure is rigorously controlled then the cash and reserves position should continue to improve.

The strategy is to continue to build income through fundraising activity, statutory funding and grant funding, whilst controlling expenditure.

Page 3

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

PLANS FOR FUTURE PERIODS

The charity plans to continue activities in the forthcoming years subject to satisfactory funding arrangements. In addition, working in partnership with other organisations is a key aspect of our work.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity was incorporated under the Companies Act 1985 on 21 March 2001, as a company limited by guarantee (company number 4184335) and is governed by its Memorandum and Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

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 the directors are elected to serve for an indefinite period and at each annual general meeting one third of the trustees are subject to retirement by rotation or, if their number is not 3 or a multiple of 3, the number nearest to one third shall retire from office. Trustees retiring from office by rotation are eligible for re-election. New trustees are recommended by the trustees for appointment at the annual general meeting or nominated by a member. However, the charity may by ordinary resolution appoint a person willing to act to be a trustee either to fill a vacancy or as an additional trustee. The trustee appointed will hold office until the following annual general meeting and then they will be formally appointed.

All directors give their time voluntarily and receive no benefits from the charity. Whilst directors are entitled to claim expenses from the charity none have elected to claim any such expenses.

There is a broad mix of skills amongst the directors which serves the charity well.

Organisational structure

The trustees, numbering 6 at the end of the financial year 2021/2022, meet monthly and are responsible for the strategic direction and policy of the charity. The Service Manager also attends each meeting. The operational day to day running, administration and organisation is undertaken by the Service Manager who is overseen by the trustees. The Service Manager also has responsibility for individual supervision of the staff team within the centre ad shops, and also ensuring that the team continues to develop their skills and working practices in line with good practice.

The trustees supervise the Service Manager.

Induction and training of new trustees

Most trustees are already familiar with the practical work of the charity due to their background in brain injury. New trustees are invited to attend the centre to familiarise themselves with the charity and the context within which it operates.

Related parties

Insofar as it is complementary to the charity's objectives, the charity is guided by both local and national policy. At a national level Headway UK sets out service standards which all local branches are expected to adhere to. In addition, Headway UK provides guidance and information. The charity worked closely with Headway UK's South East regional co-ordinator who helps to ensure that information is shared between local groups. We have received Headway UK accreditation where our governance was described as 'exemplary'.

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed. Where appropriate systems or procedures have been established to mitigate the risks the charity faces. Significant external risks in relation to funding have led to the development of the business plan and the strategic plan for fundraising. Procedures are in place to ensure compliance with health and safety of staff, volunteers, service users and visitors to the centre and outreach drop-in sessions. All staff, volunteers and trustees undergo an enhanced Disclosure and Barring Service (DBS) check.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04184335 (England and Wales)

Page 4

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

Registered Charity number 1086140

Registered office Grandstand Suite Mountbatten Centre Twyford Avenue Portsmouth Hampshire PO2 9QA

Trustees

Trustees
S J Bowler
A Davies Appointed 19 January 2022
M Lightfoot Resigned 18 January 2022
M Wornham Resigned 25 August 2021
W Dunger
J Steventon-Kiy
R V Johnson Appointed 15 September 2021
Jennifer Dallas Appointed 19 January 2022

The charity continues to be managed by Joanne Dallas, the Service Manager. She also now has responsibility for funding/fundraising.

Independent Examiner

Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP

Bankers

Unity Trust Bank PLC, Four Brindleyplace, Birmingham, B1 2HB

Approved by order of the board of trustees on 16 November 2022 and signed on its behalf by:

Ms S J Bowler - Trustee

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

Independent examiner's report to the trustees of Headway Portsmouth & South-East Hampshire ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Gavin Whitter ICAEW Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP

17 November 2022

Page 6

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
17,645
Charitable activities
Assistance and activities for people with
head injuries
71,188
Other trading activities
3
123,059
Investment income
4
30
Other income
6
5,449
Total
217,371
EXPENDITURE ON
Raising funds
7
120,736
Charitable activities
8
Assistance and activities for people with
head injuries
87,133
Total
207,869
NET INCOME
9,502
RECONCILIATION OF FUNDS
Total funds brought forward
35,341
TOTAL FUNDS CARRIED FORWARD
44,843		 Restricted
funds
£
-
21,978
-
-
-
21,978
1,000
20,739
21,739
239
6,784
7,023		 31.3.22
Total
funds
£
17,645
93,166
123,059
30
5,449
239,349
121,736
107,872
229,608
9,741
42,125
51,866		 31.3.21
Total
funds
£
81,262
84,861
-
181
-
166,304
38,301
101,688
139,989
26,315
15,810
42,125

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 7

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

BALANCE SHEET 31 MARCH 2022

Notes
FIXED ASSETS
Tangible assets
15
Investments
16
CURRENT ASSETS
Debtors
17
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
18
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
21
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.3.22
£
6,100
1
6,101
23,320
59,614
82,934
(37,169)
45,765
51,866
51,866
44,843
7,023
51,866		 31.3.21
£
8,553
1
8,554
25,247
38,851
64,098
(30,527)
33,571
42,125
42,125
35,341
6,784
42,125

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 8

continued...

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

BALANCE SHEET - continued 31 MARCH 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the Board of Trustees and authorised for issue on 16 November 2022 and were signed on its behalf by:

Ms S J Bowler - Trustee

The notes form part of these financial statements

Page 9

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

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 2015)', 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.

Income

Voluntary income including donations, gifts and legacies and grants that provide core funding or are of a general nature are recognised where there is entitlement, the receipt is probable and the amount can be measured with sufficient reliability.

Income from activities to raise funds, such as recharge of wages, and investment income are recognised on a receivable basis.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions. Such income is only deferred when:

Volunteers and donated services

The value of services provided by volunteers is not incorporated into these financial statements.

Where goods or services are provided to the charity as a donation that would normally be purchased from suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

Expenditure

Expenditure is recognised when a liability is incurred. Contractual arrangements are recognised as goods or services are supplied.

Irrecoverable VAT

All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

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 reducing balance Computer equipment - 25% on cost

Tangible fixed assets costing £250 or more are capitalised at cost.

Page 10

continued...

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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.

2. DONATIONS AND LEGACIES

Donation from trading company
Donations
Legacies		 31.3.22

£
2,141
15,504
-
17,645		 31.3.21
£
7,515
21,000
52,747
81,262

The Charity would like to express special thanks to all the Grantmakers, Charitable Trusts and Charitable Foundations for supporting our vital work this year:

-Irwin Mitchell

-Portsmouth City Community Fund

-Hampshire & Isle of Wight Community Foundation (HIWCF)

-Friends of Emsworth Community Health

-Petersfield Town Council -Betty Messenger Charitable Foundation -Henry Smith Charity -Green Hall Foundation -Sport England & Versus Arthritis -Dan Maskell Tennis Foundation -Hendy Foundation -Hospital Saturday Fund -The Edward Gostling Foundation

Page 11

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

3. OTHER TRADING ACTIVITIES

Shop income
Restart grant
4.
INVESTMENT INCOME
Interest received
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Assistance and activities for people with
Grants
head injuries
Assistance and activities for people with
Session income
head injuries
Grants received, included in the above, are as follows:
Hampshire Adult Services
Portsmouth City Community Fund
People's Health Trust
Other grants (below £1,000)
Co-Operative Community Fund
The Henry Smith Charity
Petersfield Town Council
Friends of Emsworth Hospitals
Moneybarn
Edward Gostling Foundation
Garfield Weston Foundation
National Lottery Community Fund grant
Good Things Foundation
We’re All Together Fund – HIWCF Major Donor
National Emergency Trust (NET)
HIWCF - Kenwood Community Fund
SHF Early Intervention
Charities Health Foundation
Green Hall Foundation
Hendy Foundation
Versus Arthritis		 31.3.22
£
120,391
2,668
123,059
31.3.22
£
30
31.3.22
£
69,072
24,094
93,166
31.3.22
£
3,464
16,456
1,509
4,253
-
5,833
1,000
2,273
-
4,167
-
-
3,920
-
14,312
1,800
2,000
1,920
1,667
1,092
3,406
69,072		 31.3.21
£
-
-
-
31.3.21
£
181
31.3.21
£
78,156
6,705
84,861
31.3.21
£
3,943
13,000
5,282
9,227
3,147
-
1,500
1,015
3,911
9,333
5,382
9,859
1,434
6,862
4,261
-
-
-
-
-
-
78,156

Page 12

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

6. OTHER INCOME

Coronavirus Job Retention Scheme grant
Training courses
7.
RAISING FUNDS
Raising donations and legacies
Staff costs
Fundraising costs
Legal and professional fees
Other shop costs
Shop rent and service charges
8.
CHARITABLE ACTIVITIES COSTS
Assistance and activities for people
with head injuries
9.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Drop in and activity costs
Staff travel
Volunteer expenses		 Direct
Costs (see
note 9)
£
59,373		 31.3.22
£
4,749
700
5,449
31.3.22
£
82,404
502
-
9,456
29,374
121,736
Support
costs (see
note 10)
£
48,499
31.3.22
£
51,049
4,615
3,709
-
59,373		 31.3.21
£
-
-
-
31.3.21
£
19,923
312
18,066
-
-		 31.3.21
£
-
-
-
31.3.21
£
19,923
312
18,066
-
-
38,301
Totals
£
107,872
31.3.21
£
56,551
1,641
5,204
105
63,501

Page 13

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

10. SUPPORT COSTS

Assistance and activities for people with
head injuries
Support costs, included in the above, are as follows:
Other
Wages
Rent and service charges
Insurance
Light and heat
Telephone
Postage and stationery
Miscellaneous expenses
Training and books
Affiliation fees
Computer expenses
Bank charges
Bookkeeping and payroll processing
Depreciation of tangible fixed assets
Governance costs
Accountancy fees
Legal and professional fees		 Governance
Other
costs
£
£
46,889
1,610
31.3.22
Assistance
and
activities
for
people
with head
injuries
£
5,802
7,595
1,237
1,526
1,135
504
2,627
3,805
641
4,757
717
14,091
2,452
46,889
31.3.22
Assistance
and
activities
for
people
with head
injuries
£
980
630
1,610		 Totals
£
48,499
31.3.21
Total
activities
£
12,914
790
197
45
1,461
1,164
766
779
107
2,748
78
12,392
3,306
36,747
31.3.21
Total
activities
£
770
670
1,440

Page 14

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.22 31.3.21
£ £
Depreciation - owned assets 2,453 3,305
Other operating leases 7,595 790
Independent examination - Gibson Whitter 980 770

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

During the year no trustee (31.3.21: none) was reimbursed for out of pocket expenses.

13. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 31.3.22
£
133,930
4,277
1,048
139,255		 31.3.21
£
87,159
1,754
475
89,388

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

Charitable
Raising funds		 31.3.22
5
5
10		 31.3.21
4
1
5

The full time equivalent number of employees was 6 (31.3.21: 3).

No employees received emoluments in excess of £60,000 (31.3.21: none).

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
78,862
Charitable activities
Assistance and activities for people with
head injuries
70,002
Investment income
181
Total
149,045		 Restricted
funds
£
2,400
14,859
-
17,259		 Total
funds
£
81,262
84,861
181
166,304

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
EXPENDITURE ON
Raising funds 38,301 - 38,301
Charitable activities
Assistance and activities for people with
head injuries 89,285 12,403 101,688
Total 127,586 12,403 139,989
NET INCOME 21,459 4,856 26,315
RECONCILIATION OF FUNDS
Total funds brought forward 13,881 1,929 15,810
TOTAL FUNDS CARRIED FORWARD 35,340 6,785 42,125
15. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 April 2021 and 31 March 2022 22,834 17,445 40,279
DEPRECIATION
At 1 April 2021 18,016 13,710 31,726
Charge for year 960 1,493 2,453
At 31 March 2022 18,976 15,203 34,179
NET BOOK VALUE
At 31 March 2022 3,858 2,242 6,100
At 31 March 2021 4,818 3,735 8,553
16. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
At 1 April 2021 and 31 March 2022 1
NET BOOK VALUE
At 31 March 2022 1
At 31 March 2021 1

There were no investment assets outside the UK.

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

16. FIXED ASSET INVESTMENTS - continued

The company's investments at the balance sheet date in the share capital of companies include the following:

Headway Portsmouth Trading Company Ltd

The charity owns 100% of Headway Portsmouth Trading Company Ltd (registered company number (09666130) whose registered address is Grandstand Suite, Mountbatten Centre, Twyford Avenue, Portsmouth, Hampshire, PO2 9QA. The trading subsidiary ran two charity shops until 31 March 2021 when the activities came back within the charity. The company was dormant in the year ended 31 March 2022.

17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
VAT
Prepayments		 31.3.22
£
17,484
2,891
855
2,090
23,320		 31.3.21
£
3,163
19,702
-
2,382
25,247

18.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accrued expenses		 31.3.22
£
3,226
2,115
211
29,071
2,546
37,169		 31.3.21
£
2,814
1,888
120
23,986
1,719
30,527

Deferred income carried forward at 31 March 2022 primarily relates to grant funding for future periods.

31.3.22
31.3.21		 31.3.22
31.3.21		 31.3.22
31.3.21
£ £
Brought forward
23,986		 5,793
Released to incoming resources in year
(23,986)		 (5,793)
Income deferred in year 29,071 23,986
Carried forward 29,071 23,986

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

19. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.22 31.3.21
£ £
Within one year 28,750 27,750
Between one and five years 62,500 22,500
91,250 50,250
ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.22
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
Fixed assets
5,262
838
6,100
Investments
1
-
1
Current assets
76,749
6,185
82,934
Current liabilities
(37,169)
-
(37,169)
44,843
7,023
51,866
MOVEMENT IN FUNDS
Net
movement
At 1.4.21
in funds
£
£
Unrestricted funds
General fund
35,341
9,502
Restricted funds
SEIF fund
1,664
(204)
The Hospital Saturday Fund
2,167
3,396
Bridging the Gap
2,953
(2,953)
6,784
239
TOTAL FUNDS
42,125
9,741		 31.3.21
Total
funds
£
8,553
1
64,098
(30,527)
42,125
At
31.3.22
£
44,843
1,460
5,563
-
7,023
51,866

20. ANALYSIS OF NET ASSETS BETWEEN FUNDS

21. MOVEMENT IN FUNDS

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

21. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
SEIF fund
The Hospital Saturday Fund
Bridging the Gap
Betty Messenger
TOTAL FUNDS		 Incoming
resources
£
217,371
-
3,600
17,378
1,000
21,978
239,349		 Resources
Movement
expended
in funds
£
£
(207,869)
9,502
(204)
(204)
(204)
3,396
(20,331)
(2,953)
(1,000)
-
(21,739)
239
(229,608)
9,741

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
SEIF fund
The Hospital Saturday Fund
Bridging the Gap
TOTAL FUNDS		 Net
movement
At 1.4.20
in funds
£
£
13,881
21,460
1,929
(264)
-
2,167
-
2,952
1,929
4,855
15,810
26,315		 At
31.3.21
£
35,341
1,665
2,167
2,952
6,784
42,125

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

21. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
SEIF fund
The Hospital Saturday Fund
Bridging the Gap
National Lottery Community Fund
Awards For All Grant
TOTAL FUNDS		 Incoming
resources
£
149,045
-
2,400
5,000
9,859
17,259
166,304		 Resources
Movement
expended
in funds
£
£
(127,585)
21,460
(264)
(264)
(233)
2,167
(2,048)
2,952
(9,859)
-
(12,404)
4,855
(139,989)
26,315

Social Enterprise Investment Fund (SEIF)

This funding has been awarded to allow the charitable company to adapt to the new financing and operating processes in social care. The fund has been used to obtain PQASSO accreditation, improved ability to assess impact and also to upgrade IT systems and the website. Some of this funding has been used to fund tangible fixed assets and therefore £1,432 of the balance on this fund represents the net book value of these assets at the balance sheet date. Depreciation on these assets in future years will be attributed to this fund.

The Saturday Hospital Fund

Grant funding received from The Saturday Hospital Fund for the Early Intervention Support programme.

Bridging the Gap Fund

Grant funding received from Portsmouth County Council.

National Lottery Community Awards For All Fund

Grant funding received from the National Lottery Community Fund to provide Covid-19 service user support.

Betty Messenger

Grand funding received from Betty Messenger to provide telephone and face to face support to users after the Covid-19 pandemic.

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

22. RELATED PARTY DISCLOSURES

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

During the year donations totalling £Nil were made by trustees (31.3.21: £568).

23. ULTIMATE CONTROLLING PARTY

The charitable company is under the control of its members. No one member has control of the charitable company.

24. SHARE CAPITAL AND LIABILITY OF MEMBERS

The charitable company is a company limited by guarantee and its members have undertaken to contribute to the assets of the company in the event of it being wound such amounts as may be required not exceeding £10.

Page 21