2023-03-31-accounts - Headway Devon

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HEADWAY DEVON
REFERENCE AND ADMINISTRATIVE	DETAILS
BOARD'S STATEMENT
HEADWAY DEVON
OBJECTS
A YEAR IN NUMBERS
IMPACT
RAISING AWARENESS AND INFLUENCING
RAISING THE FUNDS
FUNDRAISING STANDARDS AND PRACTICE
VOLUNTEERS
PARTNERSHIPS AND AFFILIATION
GOVERNANCE		10
EQUALITY, DIVERSITY AND INCLUSION (EDI)		10
THE CLIMATE EMERGENCY
PUBLIC BENEFIT
RISK
RESERVES POLICY		12
STATEMENT OF TRUSTEE RESPONSBILITIES		13
STATEMENT OF FINACIAL ACTIVITIES		14
BALANCE SHEET		15
STATEMENT OF CASH FLOWS		16
NOTES TO THE STATEMENT OF CASHFLOWS		17
NOTES TO THE FINANCIAL STATEMENTS		18
INDEPENDENT EXAMINATION REPORT TO THE TRUSTEES OF HEADWAY DEVON		29

Charity Name	Charity Name						Headway Devon
Charity Registration				Number			1097970
Company	(limited		by	guarantee)	registration	number	4777788
Principal/Registered				Office			Rooms 8-10
							Basepoint Business Centre
							Yeoford Way
							Exeter
							EX2BLB
Directors/Trustees							CThorne, Chair —resigned 10.12.23
							C Bazen-Peters, Vice Chair - resigned
							13.12.2023
							P Kelly, Chair from 12.12.2023
							M Martin —resigned 23.01.2023
							C Ellen —resigned 07.02.2023
							M Ryan —resigned 13.12.2023
							DTucker, Treasurer
							M Green
							3 Davey
Company	Secretary						RWells
Independent		Examiners					Bush &Co
							2 Barnfield Crescent
							Exeter
							Devon
							EX11QT
Bankers							CAF Bank Ltd
							25 Kings Hill Avenue
							West Mailing
							Kent
CEO							RWells
Senior Management				Team			ESmith
							KChesterman

				Unrestricted	Restricted	Total Funds	Unrestricted	Restricted	Total Funds
			Notes	Funds	Funds	2023	Funds	Funds	2022
							Z	K
INCOME FROM
Donations and legacies				39,541	16,311	55,852	21,633	25,877	47,510
Other trading activities				6,701	2,538	9,239	2,054	1,234	3,288
Investment income				598		598	24		24
Charitable activities				443,468		443,468	429,501		429,501
Total income				490,308	18,849	509,157	453,212	27,111	480,323
EXPENDITURE ON
Raising funds			6	5,311	2,393	7,704	3,711	350	4,061
Charitable activities			6	580,606	16,772	597,378	581,813	43,393	625,206
Total expenditure				585,917	19,165	605,082	585,524	43,743	629,267
NET INCOME/			9	(95,609)	(316)	(95,925)	(132,312)	(16,632)	(148,944)
(EXPENDITURE)
TRANSFERS BETWEEN
FUNDS			21	(88)	88		1,234	(1,234)
NET MOVEMENT	IN FUNDS			(95,697)	(228)	(95,925)	(131,078)	(17,866)	(148,944)
RECONCILIATION		OF FUNDS
Total funds brought		forward		451,876	27,596	479,472	582,954	45,462	628,416
Total funds carried		forward		356,179	27,368	383,547	451,876	27,596	479,472

	HEADWA	Y DEV	ON (COMPANY NU	MBER 4777788)
			BALANCE SHEET
			AT 31 MARCH 2023
				2023		2022
		Notes		Total funds		Total funds
FIXEDASSETS
Tangible assets		13		397,924		413,925
CURRENT ASSETS
Debtors		14	68,104		70,543
Cash at bank and in hand			63,563		143,245
			131,667		213,788
CREDITORS: Amounts	falling due
within one year		15	(25,251)		(23,409)
NET CURRENT ASSETS				106,416		190,379
TOTAL ASSETSLESS	CURRENT
LIABILITIES				504,340		604,304
CREDITORS: Amounts	falling
due after more than one year		16		(120,793)		(124,832)
TOTAL NET ASSET				383,547		479,472
FUNDS
Restricted funds				27,368		27,596
Unrestricted funds				356,179		451,876
TOTAL FUNDS		21		383,547		479,472

			2023	2022f
Cash flows from the operating activities:
Net cash provided by (used in) operating	activities		(75,706)	(150,590)
Cash flows from investing activities:
Dividends, interest and rents from investments			598	24
Purchase of property, plant and equipment			(659)	(2,632)
Net cash provided by (used in) financing	activities		(61)	(2,608)
Cash flows from financing activities:
Repayments of borrowing			(3,915)	(3,602)
Net cash provided by (used in) financing	activities		(3,915)	(3,602)
Change in cash and cash equivalents in	the	reporting
period			(79,682)	(156,800)
Cash and cash equivalents at the beginning		ofthe
reporting period			143,245	300,045
Cash and cash equivalents due to exchange		rate
movements			63,563	143,245

				2023	2022f
Net income for the reporting	period (as	per the statement	of
financial activities)				(95,925)	(148,944)
Adjustments for:
Depreciation charges				16,588	17,469
Loss/(profit) on sale offixed assets				72
Dividends, interest and rents from investments (Increase)/decrease in debtors Increase/(decrease) in creditors				(598) 2,439 1,718	(24) (11,290) (7,801)
Net cash provided by (used in) operating		activities		(75,706)	(150,590)
ANALYSIS OF CASH AND CASH EQUIVALENTS
				2023f	2022
Cash in hand				63,563	143,245
Total cash and cash equivalents				63,563	143,245

	FOR	FOR	THE YEAR ENDED 31	MARCH 2023
3.	OTHER TRADING ACTIVITIES
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Fundsf	Funds	2023f	2022
	Fundraising	events	63	2,538	2,601	1,249
	Room hire		6,638		6,638	2,039
			6,701	2,538	9,239	3,288
4.	INVESTMENT INCOME
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds f.	Fundsf	2023	2022
	Interest on	cash deposits	598		598	24
5.	INCOME FROM CHARITABLE		ACTIVITIES
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			Funds	Fundsf	2023f	2022f
	Centre Services
	Centre services provided		187,885		187,885	159,008
	Other services		3,490		3,490	540
			191,375		191,375	159,548
	Community	Services
	Community	Services	241,406		241,406	264,820
	Other services		162		162	526
			241,568		241,568	265,346
	Other Services
	Other services		5,414		5,414	2,636
	Central
	Centre services provided		5,111		5,111	1,971
			443,468		443,468	429,501

	FOR THE YEAR ENDED 3	1 MARCH 2023
SUPPORT COSTS
		2023f	2022
Employment costs		114,261	148,985
Transport costs		177	199
Establishment costs		22,665	20,072
Office expenses		20,705	22,962
Printing, postage and stationery		1,933	2,384
Subscriptions and donations		1,264	927
Equipment hire		1,324	1,659
Sundry and other costs		10,760	5,799
Travel and subsistence		183	207
Auditors' remuneration	and accountancy	3,990	4,680
Bookkeeping fees		1,152
Legal and professional	costs	21,862	14,152
Bank charges		33	81
Mortgage interest		8,210	8,524
Depreciation oftangible	fixed assets	14,379	14,084
		222,898	244,715
Allocated to activities	as follows:
Raising fund		2,851	1,579
Centre services		79,394	108,344
Outreach services		140,630	134,760
Other services		23	32
Room hire
		222,898	244,715

Net income i	s stated after charging/(crediting):
		2023	2022f
Accountancy	fees	3,990	4,680
Loss on disposal		72
Depreciation	oftangible fixed assets	16,587	17,469

category, wa	s as follows:		,
		2023	2022
Support services		28	35
Management	and administration	3	3
		31	38

		Freehold	Plant and	Furniture 8
		Propertyf	Machineryf	Equipment F	Total F
Cost
Brought	forward	431,510	85,472	53,361	570,343
Additions				659	659
Disposals				(360)	(360)
Carried	forward	431,510	85,472	53,660	570,642
Depreciation
Brought	forward	77,672	33,537	45,209	156,418
Charge	for year	8,630	4,274	3,684	16,588
Eliminated on disposal				(288)	(288)
Carried	forward	86,302	37,811	48,605	172,218
Net Book Value
Carried	forward	345,208	47,661	5,055	397,924
Brought	forward	353,838	51,935	8,152	413,925

14.	DEBTORS					FOR THE YEAR ENDED 31 MARCH 2	023
							2023	2022
								F
	Trade debtors						65,762	66,223
	Prepayments	and	accrued income				2,342	4,320
							68,104	70,543
15.	CREDITORS:	Amounts				falling due within one year
							2023	2022
							F	F
	Bank loans						3,725	3,601
	Trade creditors						11,663	9,679
	Taxation and	social security					3,892	4,592
	Other creditors						933	1,337
	Accruals and	deferred			income		5,038	4,200
							25,251	23,409
16.	CREDITORS:	Amounts				falling due after more than one year
							2023	2022
	Bank loans						120,793	124,832
17.	BANK LOANS
							2023	2022
	Bank loans within		1 year				3,725	3,601
	Bank loans between			2	and 5years		14,900	14,404
	Bank loans more		than 5			years	105,893	110,428
							124,518	128,433

	known as The XCentre, Commercial Road, Exeter EX24A	known as The XCentre, Commercial Road, Exeter EX24A	known as The XCentre, Commercial Road, Exeter EX24A	known as The XCentre, Commercial Road, Exeter EX24A	D.
18.	OPERATING LEASE COMMITMENTS
					2023	2022
						F
	Amounts	falling due within	1	year	814	1,629
	Amounts	falling due between		2 and 5years		814
					814	2,443

ANALYSIS OF FUNDS CURRENT YEAR
	Brought				Carried
	Forwardf	Income	Expendituref	Transfersf	Forwardf
General Funds
Unrestricted	451,876	490,308	(585,917)	(88)	356,179
Restricted Funds
Exmouth Centre	138				138
Client Holiday	3,457				3,457
Honiton Centre	4,889	382	(683)		4,588
Exeter Centre	3,145	765	(1,034)		2,606
Cloth Worker	2,587				2,587
Essex Trust	186		(186)
Carer Support	11,793		(5,315)		6,478
Torquay Centre	550	10	(215)		345
Community Support	609				609
XCentre Doors	242				242
Infection Control		3,603	(3,603)
Access to Work		1,182	(1,270)	88
LCF		2,369			2,369
IIS		1,000			1,000
Moving Tribe		9,538	(6,589)		2,949
	27,596	18,849	(19,165)	88	27,368
	479,472	509,157	(605,082)		383,547

ANALYSIS OF FUNDS (co	ntinued)
PRIOR YEAR
	Brought				Carried
	Forward	Income	Expenditure	Transfers	Forward
	K		F		F
General 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	3,457				3,457
Honiton Centre	1,364	1,234	(197)	2,488	4,889
Exeter Centre	3,788		(643)		3,145
Cloth Worker	2,821			(234)	2,587
Essex Trust	186				186
Carer Support	20,278		(8,485)		11,793
Torquay Centre	994		(444)		550
Infection Control	9,235	24,197	(33,432)
Community Support	609				609
X Centre Doors	242				242
Groundworks		1,000		(1,000)
	45,462	27,111	(43,743)	(1,234)	27,596
	628,416	480,323	(629,267)		479,472

CURRENT YEAR
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023f
Tangible assets Current assets		397,924 104,299	27,368	397,924 131,667
Creditors: Amounts	falling due within one year	(25,251)		(25,251)
Creditors: Amounts	falling due after one year	(120,793)		(120,793)
Net Assets		356,179	27,368	383,547

PRIOR YEAR
		Unrestricted	Restricted	Total Funds
		Fundsf	Funds E	2022 E
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	27,596	479,472