2022-03-31-accounts - Headway Devon

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HEADWAY DEVON
REFERENCE AND ADMINISTRATIVE	DETAILS
CHAIR'S STATEMENT
HEADWAY DEVON
OBJECTS
A CHALLENGING YEAR
THE YEAR IN NUMBERS
THE CHALLENGE FOR OUR CLIENTS
IMPACT			12
RAISING AWARENESS AND INFLUENCING			13
RAISING THE FUNDS			13
FUNDRAISING STANDARDS AND PRACTICE			14
VOLUNTEERS
PARTNERSHIPS AND AFFILIATION			14
GOVERNANCE			15
EQUALITY, DIVERSITY AND INCLUSION		(EDI)	15
THE CLIMATE EMERGENCY			16
PUBLIC BENEFIT			16
RISK
RESERVES POI.ICY			17
STATEMENT OF TRUSTEE RESPONSBILITIES			17
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
STATEMENT OF CASH FLOWS			20
NOTES TO THE STATEMENT OF CASH FLOWS			21
NOTES TO THE FINANCIAL STATEMENTS			22
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADWAY DEVON			34

				Unrestricted	Restricted	Total Funds	Unrestricted	Restricted	Total Funds
			Notes	Funds	Funds	2022	Funds	Funds	2021
							K	K
INCOME FROM
Donations and legacies				21,633	25,877	47,510	35,688	47,542	83,230
Other trading activities				2,054	1,234	3,288	87		87
Investment income				24		24	97		97
Charitable activities				429,501		429,501	509.037		509,037
Other income							47,170	14,085	61,255
Total Income				453,212	27,111	480,323	592,079	61,627	653,706
EXPENDITURE ON
Raising funds			7	3,711	350	4,061	1,894		1,894
Charitable activities			7	561,813	43,393	625,206	616,865	57,498	674,383
Total expenditure				585,524	43,743	629,267	618,779	57,498	676,277
NET INCOME/			10	(132,312)	(16,632)	(148,944)	(26,700)	4,129	(22,571)
(EXPENDITURE)
TRANSFERS BETWEEN
FUNDS				1,234	(1,234)		4,056	(4,056)
NET MOVEMENT	IN FUNDS			(131,078)	(17,866)	(148,944)	(22,644)	73	(22,571)
RECONCILIATION		OF FUNDS
Total funds brought		forward		582,954	45,462	628,416	605,598	45,389	650,987
Total funds carried		forward		451,876	27,596	479,472	582,954	45,462	628,416

			BALANCE SHEET
			AT 31 MARCH 2022
				2022		2021
		Notes		Total funds		Total funds
				f
FIXEDASSETS
Tangible assets		14		413,925		428,762
CURRENT ASSETS
Debtors		15	70,543		59,253
Cash at bank and in hand			143,245		300,045
			213,788		359,298
CREDITORS: Amounts	failing due
within one year		16	(23,409)		(31,025)
NET CURRENT ASSETS				190,379,		328,273
TOTAL ASSETSLESS	CURRENT
LIABIuTIES				604,304		757,035
CREDITORS: Amounts	falling
due after more than one year				(124,832)		(128,619)
TOTAL NETASSET				479,472		628,416
FUNDS
Restricted funds				27,596		45,462
Unrestricted funds				451,876		582,954
TOTALFUNDS		22		479,472		628,416

			2022f	2021f
Cash flows from the operating activities:
Net cash provided by (used in) operating	activities		(150,590)	37,846
Cash flows from investing activities:
Dividends, interest and rents from investments			24	97
Purchase ofproperty, plant and equipment			(2,632)	(6,657)
Net cash provided by (used in) financing	activities		(2,608)	(6,560)
Cash flows from financing activities:
Repayments of borrowing			(3,602)	(3,415)
Net cash provided by fused in) financing	activities		(3,602)	(3,415)
Change In cash and cash equivalents in	the	reporting
period			(156,800)	27,871
Cash and cash equivalents at the beginning		ofthe
reporting period			300,045	272,174
Cash and cash equivalents due to exchange		rate
movements			143,245	300,045

					2022f	2021f
Net Income for the	reporting	period (as per the statement		of
financial activities)					(148,944)	(22,571)
Adjustments for'. Depreciation charges					17,469	17,341
Dividends, interest and rents from investments					(24)	(97)
(Increase)/decrease	in debtors				(11,290)	40,167
Increase/(decrease)	in creditors				(7,801)	3,006
Net cash provided by (used in) operating			activities		(150,590)	37,846
ANALYSIS OF CASH AND CASH EQUIVALENTS
					2022f	2021
Cash in hand					143,245	300,045
Total cash and cash	equivalents				143,245	300,045

	FOR	FOR	THE YEAR ENDED 31	MARCH 2022
3.	OTHER TRADING ACTIVITIES
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds	Funds	2022	2021
			K	K
	Fundraislng	events	15	1,234	1,249	87
	Room hire		2,039		2,039
			2,054	1,234	3,288
4.	INVESTMENT INCOME
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds R	Funds	2022 R	2021f
	interest on	cash deposits	24		24	97
5.	INCOME FROM CHARITABLE		ACTIVITIES
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds	Funds	2022	2021
			K		R	R
	Centre Services
	Centre services provided		159,008		159,008	145,230
	Other services		540		540	6,032
			159,548		159,548	151,262
	Community Community	Services Services	264,820		264,820	354,999
	Other services		526		526	33't
			265,346		265,346	355,330
	Other Services
	Other services		2,636		2,636	2,445
	Central
	Centre services provided		1,971		1,971
			429,501		429,501	509,037

OTHE	R INCONIE
				Total	Total
		Unrestricted	Restricted	Funds	Funds
		Funds	Funds	2022	2021
		R	f.	R	R
CJRS	income				30,549
Covid	grants				30,706
					61,255

	FOR THE YEAR ENDED	31 MARCH 2022
SUPPORT COSTS
		2022	2021
Employment costs		148,985	139,677
Transport costs		199	16
Establishment costs		20,072	22,954
Office expenses		22,962	12,386
Printing, postage and stationery		2,384	1,417
Subscriptions and donations		927	1,156
Equipment hire		1,659	1,628
Sundry and other costs		5,799	6,382
Travel and subsistence		207	12
Auditors' remuneration		4,680	3,300
Legal and professional	costs	14,152	88
Corona virus			13,676
Bank charges		81	75
Mortgage interest		8,524	8,707
Depreciation oftangibie	fixed assets	14,084	17,341
		244,715	228,815
A)located toactlvltles	as follows:
Raising fund		1,579	641
Centre services		108,344	74,421
Outreach services		134,760	153,753
Other services		32
Room hire
		244,715	228,8'l5

Net inco	me ls stated aft	er charging/(crediting):
			2022	2021
				E
Auditors'	remuneration		3,735	2,268
Auditors'	remuneration	—non audit services	945	1,032
Depreciation oftangible		fixed assets	17,469	17,341

EMPLOYEES' REMUNERATION (continued)	EMPLOYEES' REMUNERATION (continued)
The aggregate payroll costs ofthese persons were as follows:
		2022f	2021 K
Wages and saiaries		417,207	441,952
Redundancy		13,181	32,086
Social security		16,636	21,406
Employers pension	costs	10,530	14,183
		457,554	509,627
Key management	personnel	58,535	111,084

TANGIBLE FIXEDASSETS
	Freehold	Plant and	Furniture tL
	Property K	Machinery K	Equipmentf	Total K
Cost
Brought forward	431,510	85,472	50,729	567,711
Additions			2,632	2,632
Carried forward	431,510	85,472	53,361	570,343
Depreciation
Brought forward	69,040	29,265	40,644	138,949
Charge for year	8,631	4,273	4,565	17,469
Carried forward	77,671	33,538	45,209	156,418
Net BookValue
Carried forward	353,839	51,934	8,152	413,925
Brought forward	362,470	56,207	10,085	428,762

						FOR TH	E YEAR ENDED 31 MARCH 2	022
15.	DEBTORS
								2022	2021
								R	E
	Trade debtors							66,223	46,067
	Prepayments	and	accrued			income		4,320	13,186
								70,543	59,253
16.	CREDITORS:	Amounts			falling due		within one year
								2022	2021
									K
	Bank loans							3,601	3,416
	Trade creditors							9,679	'I5,865
	Taxation and social security							4,592	5,769
	Other creditors							1,337	2,458
	Accruals and deferred			income				4,200	3,517
								23,409	31,025
17.	CREDITORS:	Amounts			falling due		after more than one year
								2022	2021
								E
	Bank loans							124,832	128,619
18.	BANK LOANS
								2022	2021
									R
	Bank loans within		1 year					3,601	3,416
	Bank loans between 2			snd		5years		14,404	8,212
	Bank loans more than 5				years			110,428	120,407
								128,433	132,035
	Bank loans consist ofa			single loan on which security has been given by the charity on the freehoid prope
	known as The	XCentre,			Commercial		Road, Exeter EX24AD.
19.	OPERATING LEASE COMMITMENTS
								2022	2021
	Amounts falling due within					1 year		1,629	1,629
	Amounts falling due between 2 and 5years							2,443	4,072
								4,072	5,701

ANALYSIS OF FUNDS CURRENT YEAR
	Brought				Carried
	Forward	Income	Expenditure	Transfers	Forward
		8	E		E
Genera(Funds Unrestricted	582,954	453,212	(585,524)	1,234	451,876
Restricted Funds
Exmouth Centre	2,488	680	(542)	(2,488)	138
Client Holiday Honiton Centre Exeter Centre	3,457 1,364 3,788	1,234	(197) (643)	2,488	3,457 4,889 3,145
Cloth Worker	2,821			(234)	2,587
Essex Trust	186				186
Carer Support Torquay Centre	20,278 994		(8,485) (444)		11,793 550
infection Control	9,235	24,197	(33,432)
Community Support XCentre Doors	609 242				609 242
Groundworks		1,000		(1,000)
	45,462	27,111	(43,743)	(1,234)	27,596
	628,4'l6	480,323	(629,267)		479,472

PRIOR YEAR
	Brought				Carried
	Forward	Income	Expenditure	Transfers	Forward
			E
General Funds
Unrestricted	605,598	592,079	(818,779)	4,056	582,954
Restricted Funds
Neighbour Postcode		11,180	(11,180)
XCentre Tables Exrnouth Centre	485 2,518		(30)	(485)	2,488
Tiverton Centre	983		(983)
Client Holiday Honiton Centre	3,457 1,072	349	(57)		3,457 1,364
Exeter Centre Exeter Cerers Project	5,224 668	1,3'IO	(2,746)	(668)	3,788
Cloth Worker Essex Trust	186	5,000	(391)	(1,788)	2,821 186
Carer Support Torquay Centre	27,260 8'I6	225	(6,951) (47)	(30)	20,279 994
Central ECC Project	493 592			(493) (592)
Infection Control		14,085	(4,851)		9,234
Community Support	539	70			609
Rotary Club	350		(350)
Cathedral School Covid-19 Reusing Trust	504	593 28,815	(1,097) (28,815)	(504) 504
XCentre Doors	242				242
	45,389	61,627	(57,498)	(4,056)	45,462
	650,987	653,706	(676,277)		628,416

CURRENT YEAR
		Unrestricted	Restricted	Total Funds
		Fundsf	Fundsf	2022f
Tangible assets Current assets		413,925 186,192	27,596	413,925 213,788
Creditors: Amounts Creditors. Amounts	falling due within one year falling due after one year	(23,409) (124,832)		(23,409) (124,832)
Net Assets		451,876	27,595	479,472

PRIOR YEAR
		Unrestricted	Restricted	Total Funds
		Fundsf	Funds	2021f
Tangible assets Current assets		428,762 313,836	45,462	428,762 359,298
Creditors: Amounts Creditors: Amounts	falling due within one year falling due after one year	(31,025) (128,619)		(31,025) (128,619)
Net Assets		582,954	45,462	628,416