2021-03-31-accounts - Headway Black Country

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						31.3.21	31.3.20
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies				8,201		8,201	15,272
Charitable activities
Grants receivable				26,547	88,968	115,515	108,918
Income received through		the provision of
rehabilitative services				380,229		380,229	322,351
Investment income				1,856		1,856	1,331
Other income							6,635
Total				416,833	88,970	505,803	454,507
EXPENDITURE ON
Charitable activities
Staff and volunteer costs				280,024	68,156	348,180	328,045
Property costs				31,803		31,803	35,991
Other operating costs				52,962	14,885	67,847	68,566
Total				364,789	83,041	447,830	432,602
NET INCOME				52,044	5,929	57,973	21,905
RECONCILIATION	OF FUNDS
Total funds brought forward				529,471	15,715	545,186	523,281
TOTAL FUNDS CARRIED FORWARD				581,515	21,644	603,159	545,186

Balance Sheet
31March 2021
				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	10	228,821	1,928	230,749	231,010
CURRENT ASSETS
Debtors		25,232		25,232	37,249
Cash at bank and in hand		391,263	19,716	410,979	341,787
		416,495	19,716	436,211	379,036
CREDITORS
Amounts falling due within one year	12	(17,686)		(17,686)	(14,729)
NET CURRENT ASSETS		398,809	19,716	418,525	364,307
TOTAL ASSETSLESSCURRENT
LIABILITIES		627,630	21,644	649,274	595,317
CREDITORS
Amounts falling due after more thm one year	13	(46,115)		(46,115)	(50,131)
NET ASSETS		581,515	21,644	603,159	545,186
FUNDS	16
Unrestricted funds				581,515	529,471
Restricted funds				21,644	15,715
TOTAL FUNDS				603,159	545,186

RECONCILIATION	RECONCILIATION	RECONCILIATION	OFNET INCOME TO NET CASH FLOW FROM	OFNET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					31.3.21	31.3.20
Net income	for the	reporting		period (as per the Statement ofFinancial
Activities)					57,973	21,905
Adjustments	for:
Depreciation	charges				7,537	8,238
Interest paid					1,809	1,672
Decrease in debtors Increase/(decrease)		in	creditors		12,017 2,577	2,610 ~5,082
Net cash provided		by	operations		81,913	29,343

			At 1.4.20	Cash flow	At 31.3.21
Net cash
Cash at bank and in hand			341,787	69,192	410,979
			341,787	69,192	410,979
Debt
Debts falling due within		1 year	(3,620)	(380)	(4,000)
Debts falling due after	1	year	~50,13)	4,016	~46,1)5)
			~53,751)	3,636	~50,1)5)
Total			288,036	72,828	360,864

											31.3.21	31.3.20
					Activity
	Grants				Grants	receivable					115,515	108,918
					Income	received through			the provision	of
	Rehabilitative	services			rehabilitative			services			380,229	322,351
	Investment income				Investment		income				1,856	1,331
											497 600	432,600
	Grants received,		included		in the above, are as			follows:
											31.3.21	31.3.20
	General grants										5,400
	Lottery grants										88,968	108,918
	Council grants										15,584
	Covid-19 grants										5,563
											115,515	108,918
4.	CHARITABLE		ACTIVITIES COSTS
											Support
										Direct	costs (see
										Costs	note 5)	Totals
	Staff and volunteer			costs						273,953	74,227	348,180
	Property costs									25,824	5,979	31,803
	Other operating		costs							53,232	14,615	67,847
										363 009	94,821	447 030
5.	SUPPORT COSTS
								Information			Governance
					Finance			technology		Other	costs	Totals
	Staffand volunteer			costs						74,227		74,227
	Property costs									5,979		5,979
	Other operating		costs			1,437			2,673	7,307	3,198	14,615
						1,437			2,673	87,513	3,198	94,821

			31.3.21	31.3.20
Other assurance		services	3,198	(2,950)
Depreciation	-	owned assets	7,537	8,238

STAFF COSTS
						31.3.21	31.3.20
Wages and salaries						300,485	285,211
Social security costs						10,943	10,655
Other pension costs						22,445	26,341
						333,873	322,207
The average monthly	number ofemployees			during the year was as follows:
						31.3.21	31.3.20
Average number ofstaff						29	26
No employees received emoluments			in excess off60,000.
COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted		Restricted	Total
				funds		funds	funds
INCOME AND ENDOWMENTS			FROM
Donations and legacies				15,272			15,272
Charitable activities
Grants receivable						108,918	108,918
Income received through		the provision of
rehabilitative services				322,351			322,351
Investment income					1,331		1,331
Other income					6,635		6,635
Total				~34	~		~454 50

for the	Year Ended 31 March 2021	Year Ended 31 March 2021	Year Ended 31 March 2021	Year Ended 31 March 2021
9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			funds	funds	funds
	EXPENDITURE ON
	Charitable activities
	Staff and volunteer costs		239,614	88,431	328,045
	Property costs		35,043	948	35,991
	Other operating costs		52,597	15,969	68,566
	Total		327,254	105,348	432,602
	NET INCOME		18,335	3,570	21,905
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	511,136	12,145	523,281
	TOTAL FUNDS CARRIED FORWARD		529,471	15,715	545,186
10.	TANGIBLE FIXED	ASSETS
			Freehold	Computer
			property	equipment	Totals
	COST
	At I April 2020		271,430	33,681	305,111
	Additions			7,276	7,276
	At 31March 2021		271,430	40,957	312,387
	DEPRECIATION
	At 1 April 2020		48,846	25,255	74,101
	Charge for year		5,429	2,108	7,537
	At 31 March 2021		54,275	27,363	81,638
	NET BOOK VALUE
	At 31 March 2021		217,155	13,594	230,749
	At 31 March 2020		222,584	8,426	231,010

11.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.3.21	31.3.20
	Trade debtors	17,724	31,669
	Prepayments and accrued income	7,508	5,580
		25,232	37,249
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.3.21	31.3.20
	Bank loans and overdrafts (see note 14)	4,000	3,620
	Trade creditors	2,892	1,112
	Social security and other taxes	4,083	3,697
	Pension creditor	2,008	2,685
	Accruals and deferred income	4,703	3,615
		17,686	14,729
13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		31.3.21	31.3.20
	Bank loans (see note 14)	~46 115	50,131
14.	LOANS
	An analysis ofthe maturity ofloans is given below:
		31.3.21	31.3.20
	Amounts falling due within one year on demand:
	Bank loans	4,000	3,620
	Amounts falling between one and two years:
	Bank loans - 1-2years	4,000	3,620
	Amounts falling due between two and five years:
	Bank loans - 2-5 years	12,000	10,860
	Amounts falling due in more than five years:
	Repayable by instalments: Bank loans more 5 yr by instal	~30 11	~31

The f	ollowing secured debts are included within	creditors:
		31.3.21	31.3.20
Bank	loans	50,115	53,751

MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1.4.20	in funds	funds	31.3.21
Unrestricted funds
General fund	449,471	52,044	(110,000)	391,515
Building reserve	80,000		110,000	190,000
	529,471	52,044		581,515
Restricted funds
Future Builders Grant	126	(32)		94
Santander Foundation	142	(36)		106
Lottery Funding	8,372	6,573		14,945
Lottery Funding —Server	2,304	(576)		1,728
Dudley MBC Carers Grant	216			216
Eveson Trust Grant	4,555			4,555
	15,715	5,929		21,644
TOTAL FUNDS	545 186	57,973		603,159
Net movement in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund		416,833	(364,789)	52,044
Restricted funds
Future Builders Grant			(32)	(32)
Santander Foundation			(36)	(36)
Lottery Funding Lottery Funding —Server		88,970	(82,397) ~576)	6,573 ~576)
		88,970	~83,041	5,929
TOTAL FUNDS		505,803	t447,830)	57,973

		Net
		movement	At
	At 1.4.19	in funds	31.3.20
		E
Unrestricted funds
General fund	431,136	18,335	449,471
Building reserve	80,000		80,000
	511,136	18,335	529,471
Restricted funds
Future Builders Grant	168	(42)	126
Santander Foundation	190	(48)	142
Lottery Funding	3,479	4,893	8,372
Lottery Funding - Server	3,072	(768)	2,304
Dudley MBC Carers Grant Eveson Trust Grant	306 4,930	(90) ~375)	216 4,555
	12,145	3,570	15,715
TOTAL FUNDS	523,281	21,905	545, 186

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	345,589	(327,254)	18,335
Restricted funds
Future Builders Grant		(42)	(42)
Santander Foundation		(48)	(48)
Lottery Funding	108,918	(104,025)	4,893
Lottery Funding —Server		(768)	(768)
Dudley MBC Carers Grant Eveson Trust Grant		(90) ~375)	(90) ~375)
	108,918	~105,348	3,570
TOTAL FUNDS	454,507	~432,602)	21,905

		Net	Transfers
		movement	between	At
	At 1.4.19	in funds	funds	31.3.21
Unrestricted funds
General fund	431,136	70,379	(110,000)	391,515
Building reserve	80,000		110,000	190,000
	511,136	70,379		581,515
Restricted funds
Future Builders Grant	168	(74)		94
Santander Foundation	190	(84)		106
Lottery Funding	3,479	11,466		14,945
Lottery Funding - Server	3,072	(1,344)		1,728
Dudley MBC Carers Grant Eveson Trust Grant	306 4,930	(90) ~375)		216 4,555
	12,145	9,499		21,644
TOTAL FUNDS	523,281	79,878		603,159

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	762,422	(692,043)	70,379
Restricted funds
Future Builders Grant		(74)	(74)
Santander Foundation		(84)	(84)
Lottery Funding	197,888	(186,422)	11,466
Lottery Funding - Server		(1,344)	(1,344)
Dudley MBC Carers Grant Eveson Trust Grant		(90) ~375)	(90) ~375)
	197,888	~188,389	9,499
TOTAL FUNDS	960310	~880,432)	79,878

31.3.21	31.3.20
8,201	15,272
115,515	108,918
380,229	322,351
1,856	1,331
497,600	432,600
	6 636
505,803	454,507
243,994	231,591
8,886	8,652
18,225	21,389
2,821	3,429
4,756	2,922
2,934	3,784
702	2,701
600	2,904
	2,090
16,336	15,542
15,692	25,734
2,248	1,837
2,259	4,571
10,658	7,914
3,237	2,966
68	49
3,349	3,328
8,655	3,518
6,120	6,689
1,469	1,358
353,009	352,968

Headwa Black Count	Headwa Black Count
Detailed Statement ofFinancial Activities
for the Year Ended 31 March 2021
		31.3.21	31.3.20
Support costs
Finance
Bank charges		1,097	724
Mortgage and loan interest		340	314
		1,437	1,038
Information technology
Telephone		205	126
Computer costs		2,468	1,832
		2,673	1,958
Other
Wages		56,491	53,620
Social security		2,057	2,003
Pensions		4,220	4,952
Heat, light and rates		653	794
Rent and insurance		3,782	3,598
Telephone		896	551
Printing, postage k stationery		679	876
Sundry expenses		163	1,575
Training and books		520	425
Travel expenses		139	672
Publicity costs			484
Repairs and renewals		523	1,058
Professional fees		3,633	5,958
Membership fees		16	11
Equipment hire		749	687
Recruitment costs		10,800
Cleaning		775	775
Depreciation oftangible	fixed assets	1 417	1 549
		87,513	79,588
Governance costs
Auditors' remuneration	for non audit work	3 198	~2950)
Total resources expended		447,830	432,602
Net income		57,973	21,905