Reglstered company number - 04479455 Registered eharity number- 1103215 HEADWAY KENT (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
HEADWAY KENT CONTENTS Page$ Legal and administrative information Directors, Report Independent Examiner's report Statement ol financial activities Balance sheet Notes lo the accounts 9-18
HEADWAY KENT Page 1 LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2022 Directors ITru$tee$l Caroline Flint- Chair Alison Parker - Vice Chair Brian Macdowall Solicitor Retired Solicitor Retired County Councillor Company Secretarylchlef Exe¢utlve Offl¢er Jennifer Walsh Key Management Personnel Jennifer Walsh Brian Norville Ilo May 20221 Victoria Treacher Todd (to March 20221 Hayley Cook Ifrom May 20221 Company number 4479455 Charity number 1103215 RegiSted office Unit 3 Ground Floor Highpoinl Business Village Ashford Kent TN24 8DH Independent examiner Mrs J Wren FCCA A¢¢ountancy Matters IKenll Limited The Marlowe Innovation Centre Marlowe Way Ramsgate Kent CT12 6FA Banker$ Barclays Bank Pl 130 Mortimer Street Herne Bay Kent CT6 SEE Soll¢ltors Gardner Croll LLP 2 Castle Street Canterbury Kent CT12QH
HEADWAY KENT Page 2 DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Dirertors ol the company (who are trustees for the purposes ol charity lawl present their annual report and financial slalements ol the charity for the year ended 31 December 2022 which are also prepared lo meet the requirements for a directors, report and accounts lor Companies Act purposes. The financial slalements comply with the Charities Act 2011, the Companies Act 2006 relating to small companies, and Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 lelleclive 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The company was incorporated as a company limited by guarantee on 8 July 2002 and is governed by its Memorandum and Articles ol Association. The company gained charitable status on 14 April 2004 and look over the activities and assets ol the unincorporated association operating as Headway East Kent (charity number 10133091 on 1 August 2004. In the event of the Company being wound up members are required lo contribute an amount not exceeding £10. On 22 July 2022 the company's name Changed from Headway Kent Ltd lo Headway Kent. Re¢rultment and appolntment of trusteeldlrectors The Directors of the Company are also Charity Trustees for the purpose of charity law and under the Companls Articles are known as members ol the Management Committee. The Trustees ol the Charity are listed on the Legal and AdminislralThie page of these accounts. Prospective trustees are identified via a search ol local organisalions, ¢onlacls, supporters and beneficiaries and via local publicity. Trustees re1ve an induction into the charity and Can access local training for Trustees if required. The Trustees continue lo seek new Iruslees to join the Management Committee and we have actively advertised the positions available. Organisational Struetu Staffing levels are ¢onslanlly being reviewed in line with the reduction in client numbers lollowng Covid 19 and the new economic climate we are now facing. We said goodbye to some members ol slatt as they moved on to new opporlunilies and we mourned the loss of Diane (Thanet Hub Facililatorl following her death in the summer. Jennifer Walsh was joined by a new Finance Manager, Isabel Shuter, and a new Head of Operations, Hayley Cook, who joined us from Headway UK, who are now the senior management team. We reviewed and reslruclured staff roles to maximise etti¢iencies, without compromising core services. The day-lo-day management ol the Charity has been delegated by the Iruslees to the Chief Executive Otti¢er. The trustees also receive representation from Clients Carers and Volunteer representatives. This ensures that services are developed in a¢¢ordan¢e with the needs of our service users. All Community Hub staff are assisted by our lanlaslic, dedicated volunteers. As 0131 December 2022, the Charity employed 12 members of staff, 11 of whom are part time. Rlsk management The Management Committee meets quarterly and reviews the major risks the charity is exposed lo. As a result of our Business Plan, our KPI'S, finance meetings, and client meetings shows al a glance the progress ol the charity and identifies any area ol concern or risk. Internal Control risks are minimised by the implementation ol policies and procedures for all aspects of our Charity. Health and safety compliance is exercised throughout the charity.
HEADWAY KENT Page 3 DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 OBJECTIVES AND ACTIVITIES Aims and objectives The main aims and objertives of the charity are as follows To promote wider understanding ol all aspects ol head injuries and provide information, support and services lo people with a brain injury, their families and Carers. We achieve this by '. Increase awareness and understanding of head injury. Participate in activities that will reduce the incidence of head injury. Provide information and support for people with head injury and their relatives. Promote and co-ordinate multi-disciplinary approaches lo head injury, screening, acute care, assessment, rehabilitation and community re-enlry with clear a¢¢ountabilily. Assist people with head injury lo return lo community living, encourage social outlets and productive aclivily. A¢tivitie$ and Public Beneflt The Directors have had due regard to guidance published by the Charity Commission on public benefit and believe all of the Charills activities benefit the public. Our Community Hubs continue lo raise the profile ol acquired brain injuries and ils effects by offering a unique low-cosl professional service to brain injured adults and support to their families and carers. Our clients undertake a person-cenlred outcome focused programme ol activities within the Hubs. In addition, we provide support to the family and carers ol people with an acquired brain injury to readjust lo life aller brain injury. Our Counsellor provides specialist Brain Injury ¢ounselling lo people who are living with a brain injury and the Link Worker signposts people to other specialist organisalions for additional help as required. Headway Kent is committed to raising awareness ol acquired brain injuries and the ettects lo professionals and the general publi¢ which we do in numerous ways, i.e. using local volunteers, participating in local events, using local media, working with local businesses, schools, colleges and universities. We continue to work with local health professionals to reduce the burden placed on the NHS. All these activities help lo ensure that brain injured people do not lace discrimination and are able lo live a lull life in the community living. A¢hlevements and performan¢e We remained al the forefront of the pandemic response, adapting services lo meet changing needs. Although the lockdowns had eased there was a lack of confidence by individuals living with brain injury, their families, schools, and other key stakeholders lo engage in public groups. Staff and clients still caught the virus, and this impacted on attendance and slatt absence significantly throughout the year. This meant that projects such as community fundraising, community engagement and development, school information sessions and other similar traditional 'public facing activities had lo be postponed. However, we look this opportunity lo locus on our service delivery, impact measuring and evaluation, new technology in the form ol a client database, and preparing lor and writing the new Kent County Council IKCCI response lo the Adult Day Services contract. This hard work paid ott as we were successful with our bid, and we were also awarded two new elements of the lender- TrainingNolunleeringlEmploymenl ServiTrs and Support in the Community. The contract is no longer called Adult Day Services by KCC and is now called Every Day Life Activities, Skill Development and Training Opportunities for People in the Community. 11 is more agile, and person Cenlred, allowing lor 1- 2-1 support, small groups, and large groups, with bespoke aims and goals for brain injury survivors. The contract Commenced in October 2022, and it required significant input and hours by stall lo be ready for the 'go live, date.
HEADWAY KENT Page 4 DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 A¢hievements and performance - eont'd Other services we focused on whilst in the shadow of Covid 19 included our Counselling service, where we helped 20 individuals and the Lottery funded Community Link Worker, where brain injury survivors sought 1-2-1 support lor issues such as disability access, food banks and accessing the right support available. As we moved towards the middle and end of the year new issues emerged and overshadowed the Covid 19 pandemic. The war in Ukraine and changes in Government saw inflation rapidly increase, home fuel prices doubled, fuel al the pumps increased, and other goods prices increased due to inflation. All of this led to the cosl-ol-living crisis, with many now in fuel poverty for the first time. Our Community Hubs responded by focusing on practical sessions through digital inclusion and advice discussion groups lo support those lacing financial pressure. However, we were also aware that some wanted lo attend Headway Kent to forget these issues, even if il just released the pressure lor a lew hours. The new economic issues also impacted the charity. We laced a dynami¢ landscape and worked tirelessly to address these issues. We constantly reviewed our financial plans to a¢¢ount for the impact ol inflation and rising costs. We reviewed and reslruclured staff roles lo maximise etti¢iencies without compromising core services. However, slatt recruitment was also challenging as salaries, especially in social care, had been pushed up following Covid 19 and Brexit which caused a shortage in people seeking employment. Thank you to each and every one ol you who have played a Crucial role in making 2022 a year of incredible achievements. Together we have proven that positive change is possible, and we wll continue lo work tirelessly towards a brighter future. FINANCIAL REVIEW Income, expenditure and bank balances are constantly reviewed and the charity's progress is measured by means of a Comparison Chart which is discussed and reviewed al the quarterly Trustee's Meeting. The charity incurred a deficit during the year of £49,869 which reduces our total funds to £251,943. This deficit is an increase on the previous year's delicil of £39,941, due mainly lo the reduction in the value of the charity's investments of £8,10212021 increase in value £6,272). The lolal funds comprise reslricled funds £18,519, designated contingency fund £200,000 and unrestricted general funds of £33,424.
HEADWAY KENT Page 5 DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 RESERVES POLICY AND GOING CONCERN We aim to hold in our contingency reserve an amount lo that of three to six months running costs. The directors may change this policy depending upon the needs of the charity. It is wdely recognised that fundraising becomes more and more dillicult due lo the financial climate. New ideas and events prove ditticult when competing with other well known charities. Although Headway Kent has successfully been re-awarded 4 years funding lor our Community Hubs (with a potential extension of a further 2 years) as well as successfully bidding for two further Lots for Everyday Activities in the Community and Skills Training and Volunteering Opportunities we expect client numbers to continue to dwindle due lo KCC budget savings and as the Cost-of-living crisis impacts household budget. The charity is dependent on Client numbers, however the charity has sullicient reserves and therefore the charity will continue to be a going concern. PLANS FOR THE FUTURE We sel out a programme to increase etti¢iencies by reviewing our operating costs. Areas identified included the number ol buildings we operated from and the number of days we provided services. It was agreed that Thanet and Ashford Community Hubs would move to new community cenlres in 2023 and 2024, to not only be embedded in the local community, bul lo provide a better service, lo eliminate unnecessary expenses, and by improving operational etti¢iency. Looking ahead we a¢¢epl there is still a lot ol hard work to follow whilst in this current economic Climate. 2022 was a stilled year but il allowed us lo locus on key areas, bul now, with life returning to normal aller the pandemic, we need to return to educational aclivilies, fundraising, Community engagement and development, and with a clear need to create a new communications and marketing plan. We must aim to be more visible in our local community and lo prevent families living with brain injuries struggling on their own. We need to be diverse and reflect the community we represent and increase the number of people we support al Headway Kent. It is only when we become a household name for brain injury support lo the communities across Kent that we can let up. Importantly, before any of these themes, we must be sustainable by being resilient and adaptable to ensure the future ol Headway Kent in this very tough e¢onomi¢ climate. Kent County Council have announced large and deep cuts to the Social Care budget, and this will be reflected in the number of people being funded lor slalutory services. The squeeze on household budgets will impact household budgets of individuals who pay privately. We face some very tough decisions in the future and detailed work needs lo be completed on our coslings lor our day service and community support work service so that we Can ensure we are charging local authorities the true costs ol the services. We need lo consider in 2023 il we can still continue to subsidise stalulory services with charitable funds, which are used lo provide support lo anyone with a brain injury regardless of meeting a criteria. We need lo consider il this will risk the charity. Signed on behalf of the Board of Directors by '. Caroline Flint- Director Dale = 14 August 2023
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF Page 6 HEADWAY KENT report to the charity trustees on my examination ol the accounts ol the Company lor the year ended 31 December 2022 which are set out on pages 7 10 18. Respon$ibilltles and ba$1$ of report As the charity's Iruslees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation ol the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the awounls ol the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, report in respect of my examination ol your charity's a¢¢ounts as Carried out under section 145 01 the Charities Act 2011 I'lhe 2011 Act'l. In carrying out my examination I have followed the Dirertions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlner's statement Since the Company's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member ol the Association ol Chartered Certified Accounlanls, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in onneclion with the examination giving me cause lo believe.. accounting records were not kept in respect ol the Company as required by section 386 01 the 2006 Act., or the awounls do not accord wth those [Ords., or the awounls do not comply with the awounling requirements ol section 386 of the 2006 Act other than any requirements that the accounts give a 'lrue and lair view, which is not a matter considered as part of an independent examination., or the awounls have not been prepared in a¢¢ordan¢e with the methods and principles ol the Statement of Recommended Practice lor accounting and reporting by charities applicable to Charities preparing their accounts in accordanTr with the Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 1021- I have no concerns and have come across no other matters in ¢onne¢lion with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. S J Wren FCCA Accountaney Matters (Kent) Llmlted Chartered Certified Accountants The Marlowe Innovatlon Centre Marlowe Way Ramsgate Kent CT12 6FA Date .' 22 August 2023
HEADWAY KENT Page 7 STATEMENT OF FINANCIAL ACTIVITIES (incorporating an Income and Expenditure A¢¢ount) FOR THE YEAR ENDED 31 DECEMBER 2022 Notes Unre$trl¢ted De$ignated Restrl¢ted funds funds funds Totsl fund$ 2022 Totsl funds 2021 INCOME Income from ¢harltable a¢tlvltle$ Client contributions Client fees Counselling service Membership lees Donations and lega¢le$ Donations Grants Legacies Income from other tradlng a¢tlvltle$ Lottery Fundraising income Investment income - Intere$t re¢elvable 8,739 239,813 1,375 8,739 239,813 1,375 5,194 272,696 439 10 8,036 1,000 75,000 8,036 48,285 75.000 7,952 95,637 47,285 24 356 1,046 24 356 1.046 646 540 142 TOTAL INCOME 335,389 47,285 382,674 383,256 EXPENDITURE Costs of raising funds Expenditure on charitable activities 5,339 374,926 5,339 419,102 5,437 424,032 44,176 TOTAL EXPENDITURE 380,265 44,176 424,441 429,469 NET INCOMEI(EXPENDITUREI 144,8761 3,109 141.7671 146,2131 Transfers between funds 10 18,827 118,8271 OTHER RECOGNISED GAINSILOSSES: Gainslllossesl on revaluation ol investments 18,1021 18,1021 6,272 NET MOVEMENT IN FUNDS 134,1511 115,7181 149,8691 139,9411 Balance as at 1 January 2022 BALANCE AT 31 DECEMBER 2022 67,575 200,000 34,237 301,812 341,753 33,424 200,000 18,519 251,943 301,812
HEADWAY KENT Page 8 BALANCE SHEET AS AT 31 DECEMBER 2022 Notes 2022 2021 FIXED ASSETS Tangible assets Investments 38,321 91,158 63,150 155,865 129,479 219,015 CURRENT ASSETS Debtors Cash at bank and in hand 29,782 132,618 162,400 35,039 81,651 116,690 CURRENT LIABILITIES Creditors= amounts falling due within one year 39,936 33,893 122,464 82,797 NET ASSETS 251,943 301,812 Represented by.. FUNDS OF THE CHARITY Re$trl¢ted funds 10 18.519 34,237 Unrestricted funds Designated funds General funds 10 10 200,000 33,424 200,000 67,575 TOTAL CHARITY FUNDS 251,943 301,812 For the financial year ended 31 December 2022 the company was entitled to exemption from audit under s.477 Companies Act 2006 and no members have deposited a notice under s.476 requiring an audit. The directors acknowledge their responsibilities lor ensuring that the company keeps accounting records which comply with s.386 01 the Act for preparing a¢¢ounts which give a true and lair view ol the slate of attairs ol the Company as at the end of the financial year and ol its profil or loss for the financial year in ac¢ordan¢e with the requirements of sections 394 and 295 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable lo the company. The financial statements have been prepared in accordance with the spla1 provisions of part 15 of the Companies Act 2006 relating to small companies. These awounls were approved and signed lor issue by the trustees on 14 August 2023. Caroline Flint- Director Alison Parker- Director Company Reglstratlon Number- 00479455
HEADWAY KENT Page 9 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 1 ACCOUNTING POLICIES The financial slalements have been prepared in accordance with Awounling and Reporting by Charities Statement ol Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic ol Ireland IFRS 1021 lellective I January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 and the Companies Act 2006. Headway Kent meets the definition ol a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise staled in the relevant accounting policy note. The principal accounting policies adopted are as follows.. al Preparatlon of the a¢eount$ on a golng eon¢ern ba$ls The charity was successful in retendering lor a new 4 year conlrart which runs until 30 September 2026. However, the contract is a spot purchase ¢onlra¢l and relies on individuals being funded by KCC to access our services. Although, due to cuts in KCC budgets we anlicipale client numbers reducing, but the a¢¢ounts have been prepared on a going concern basis as the charity has sullicienl reserves to cover a deficit in the coming year. bl Income All income is included in the statement of financial activities when the charity is entitled lo the income and the amount Can be quantified with reasonable accuracy and ils receipt is probable. The following specific policies are adopted and applied to particular categories of income Client's lees are awounled for on a receivable basis calculated on days attended al a relevant entre. Voluntary income by way ol grants and donations is included in the statement of financial activities when receivable. Income from charitable trading is accounted lor when earned. cl Expendlture All expenditure is accounted lor on an accruals basis and includes VAT where applicable. Where such costs relate to more than one functional cost category they have been split on an estimate ol time spent. Resources expended are shown as Charitable expenditure Comprises those costs incurred by the Charity in the delivery of ils activities and services for beneficiaries. 11 includes both those costs that can be allocated directly lo such activities and those costs ol an indirect nature necessary lo support them, including governance costs (costs associated with meeting the conslitulional and slatulory requirements of the charity and includes the Independent Examiners feel. dl Tanglble flxed assets Tangible fixed assets Costing more than £250 are slated al cost less depreciation. Depreciation is provided al rates calculated to write off the cost less eslimaled residual value of each asset over its expected useful life as follows Leasehold improvements Computers & ollice equipmerrt Minibus amortised over the period ol the lease 3 14 years straight line 4 years straight line
HEADWAY KENT Page 10 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 1 ACCOUNTING POLICIES (¢ontd} e) Investments Investments are initially recognised al cost. Subsequently investments whose value Can be measured reliably are measured at lair value. Gains and losses arising from changes in the fair value ol investments are included in the Statement of Financial Activities in the period in which they arise. fl Fund aeeounting Unrestricted funds are donations and other income receivable without further specified purpose and are available as general funds. Designated funds are unreslricled funds earmarked by the trustees for a particular purpose. Restricted funds are lo be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is Charged to the fund. gl Pension$ The charity operates a defined contribution pension scheme. Contributions payable are charged as an expenses in the statement of financial activities. h) Operatlng leases Rentals payable under operating leases are Charged lo the statement ol financial activities on a straight line basis over the period ol the lease. il Slgnlfleant ludgement$ and e$tlmate$ No significant judgements have had lo be made by the Trustees in preparing these financial statements
HEADWAY KENT Page11 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 2 TOTAL EXPENDITURE Unre$trl¢ted Restrl¢ted fund$ funds 2022 Total fund$ 2021 Total funds Costs of raising funds Wages and salaries Fundraising expenses Lottery prizes 4,998 78 263 5,339 4,998 78 263 5,339 5,211 226 5,437 Costs directly allocated to activities Wages and salaries Contract staff Activities and functions Minibus expenses Rent and service charges Rates and water Travel and expenses 137,869 1,343 1,482 70 68,979 2,188 5,323 4,052 11,0001 24,518 33,586 171,455 1,343 1,482 70 68,979 2,188 6,573 4,052 11,0001 24,518 203,732 2,023 2,567 833 69,341 1,859 4,980 3,110 1,250 Profil on disposal of Minibus Amortisalion Support costs Wages and salaries Slatt training Insurance Printing, postage and stationery Advertising Software costs Legal and professional lees Repairs and equipment maintenance Health and safety Telephone Cleaning Bad debts Bank charges Miscellaneous Depreciation Governance Gosts.. Wages and salaries Companies House fee Independent Examiner's lee 11,614 56,341 1,090 2,051 1,187 88 1,567 7,535 14,924 893 2,592 176 69 881 414 6,733 56,341 1,090 2,051 1,187 1,838 6,667 9,658 15,291 893 2,592 176 69 881 414 6,733 36,683 3,146 3,952 2,070 2,257 3,886 12,276 15,623 2,360 3,224 150 983 845 202 4,769 1,750 5,100 2,123 367 31,796 13 1,752 374,926 31,796 29,926 13 1,608 424,032 1,752 419,102 44,176 380,265 44,176 424,441 429,469 01 the total expenditure in 2021 01 £429,469, £410,310 was unrestricted and £19,159 was restricted. 3 NET INCOME 2022 2021 This is staled aller ¢harging= Operating lease rentals Depreciation and amortisation Profit on disposal of fixed assets Independent Examiner's remuneration Independent Examiners, lee Other 68,979 31,251 11,0001 62,963 16,383 1,752 120 1,608
HEADWAY KENT Page 12 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 4 INFORMATION REGARDING EMPLOYEES 2022 2021 Wages and salaries Redundancy Social security costs Employer pension contributions Employment Allowance 232,317 10,154 17,413 4,708 5,000 250,292 1,680 16,058 6,311 4,000 259,592 270,341 The average monthly head count was 13 slall12021 17 slaffl. The average number ol employees based on full time equivalents analysed by function was.. 2022 Number 2021 Number Advice and information Management and administration 10 12 No employee had emoluments in excess of £60,00012021 Nill. No Iruslees received remuneration or were reimbursed expenses from the charity during the year12021 £Nill. The total employee benefits lincluding employers national insurance) of the key management personnel of the charity were £82,64512021 £80,627) 5 FIXED ASSETS Computers, & office equipment Minibu$ Leasehold Improvement$ Total Cost As at 1 January 2022 Additions Disposals As at 31 December 2022 80,176 17,039 6,422 22,800 120,015 6,422 22,800 103,637 22,800 80,176 23,461 DeptIatIOn As at 1 January 2022 Disposals Charge lor the year As at 31 December 2022 26,715 7,350 22,800 122,8001 56,865 122,8001 31,251 65,316 24,518 51,233 6,733 14,083 Net book value As at 31 December 2022 28,943 9,378 38,321 As at 31 December 2021 53,461 9,689 63,150
HEADWAY KENT Page 13 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 6 INVESTMENTS Inve$tment fund$ Depo$lt a¢¢ount$ 2022 Total 2021 Total Cost or valuatlon Al 1 January 2022 Additions Disposals Revaluation to fair value 71,510 84,355 69 156,6741 155,865 69 156,6741 8,102 149,523 70 8,102 6,272 Al 31 December 2022 63,408 27,750 91,158 155,865 Investment funds relate to amounts invested in Colunds Limited in a multi asset fund. Deposit awounls relate lo amounts held in bank deposit accounts which require notice lo be given before the funds can be accessed. 7 DEBTORS 2022 2021 Trade debtors Other debtors Prepayments Accrued income 22,474 2,172 5,136 27,063 3,274 4,702 29,782 35,039 8 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditors Taxation and social security Other creditors Accruals Deferred income 13,903 3,441 2,182 1,680 18,730 8,948 3,642 1,167 1,895 18,241 39,936 33,893 9 ANALYSIS OF NET ASSETS BETWEEN FUND General De$ignated Re$trl¢ted fund$ funds fund$ Total Tangible fixed assets Investments Current assets Current liabilities 38,321 38,321 91,158 162,400 39,936 91,158 108,842 28,831 33,728 24,727 6,208 Net a$$et$ a$ at 31 De¢ember 2022 33,424 200,000 18,519 251,943
HEADWAY KENT Page 14 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 ANALYSIS OF NET ASSETS BETWEEN FUND- PREVIOUS YEAR General Designated Re$trl¢ted fund$ funds fund$ Total Tangible fixed assets Investments Current assets Current liabilities 63,150 63,150 155,865 116,690 33,893 155,865 44,135 38,318 33,893 34,237 Net a$$et$ a$ at 31 De¢ember 2021 67,575 200,000 34,237 301,812 10 MOVEMENT IN FUNDS Asat 1 01 2022 In¢ome Expendlture Transfer$ Asat 31 122022 Restricted funds Wheelchairs Folkestone property Evac Chair training Ramsgale Garden Link worker Community Link worker Photography CRM Digital Inclusion 260 2,651 804 1,117 9,058 5,000 4,897 10,450 12601 12,6511 18041 11,1171 36,482 125,3951 15,0001 14,8561 15,1001 3,825 16,9761 13,169 1,982 12,0231 5,350 9,938 6,113 Total reslricled funds 34,237 47,285 144,1761 118,8271 18,519 Designated funds Contingency fund 200,000 200,000 Total designated funds 200,000 200,000 Unreslricled general funds Total funds 67,575 335,389 388,367 18,827 33,424 301,812 382,674 1432,5431 251,943 RESTRICTED FUNDS Wheelchairs The wheelchair fund related to a donation received from Pfizer in a previous year, however the lunder has now agreed that the balance ol the fund Can be used lor general charity purposes and therefore the unspent amount has been transferred lo general funds. Folkestone property Donations received in a previous year from the Freemasons and a client's parent towards the Costs ol fixtures and fittings at the propety al Folkestone. As these funds had not been fully used lor the Folkeslone property, the funder has agreed that they can be used lor the Hythe property. A transfer has been made lo general funds in respect ol capital expenditure incurred on the Hythe property last year. Eva¢ Chalr tralnlng A donation received from the Rotary Club in a previous year towards the training costs associated with the Evac Chair. Although the training has taken place the funds have not been lully utilised and the funder has agreed that the funds Can be used for other staff training instead.
HEADWAY KENT Page 15 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Ramsgate Garden The balance ol funding received last year lo improve the garden (hanging baskets, planters elcl and Minibus Stand al the Ramsgate property. Due lo Covid, these funds had still not been spent and therefore the charity has repaid the unspent amount to the funder. Link worker The Reaching Communities funding from the National Lottery has allowed us lo employ a member of staff for 3 years to assist people with acquired brain injuries who wish to seek allernalive support other than the traditional Day Centre that we have previously ottered. As Acquired Brain Injuries are so varied this role identifies person cenlred aims and ambitions of people who may wish support seeking volunteering, training or employment opportunities, support accessing community events and support lo find the best local service for financial and housing issues. The role looks to reduce social isolation and loneliness and provide that essential link between a person and their social and economic needs. The transfer to general funds represents the agreed contribution lo the charity's overheads. Communlty Llnk worker Due lo the success of our Link Worker role, we suwesslully applied for funding from The Philip and Connie Phillips Foundation. This funding would allow the addition ol one day a week to our Community Link Worker role. This role is not stalulory funded and is something that we always need to lundraise for. The role Currently has been so SucsSful that we had a wailing list ol over 40 people. The Community Link Worker supports individuals al any stage ol their ABI and regardless of their income levels. The role is not based on a traditional Day Centre model and instead provides 'in the home. or community person- centred problem-solving support for anyone with an ABI regardless of their issues. The range of activities includes, assisting with the KCC financial assessment, Claiming benefits, sign posting and advice, obtaining a disabled badge, how to read a bus limelable and catch a bus Ifor memory issues), how lo access community and mental health support, relearning how lo read so individuals can perform the most basic of tasks such as food shopping, and reducing social isolation and loneliness. Some ol these services do exist elsewhere, however, there is no other organisation that has the ability to assist people with complex ABI'S that impair speech, cause memory loss or retention, issues with anger and anxiety, a diverse range of disabilities and includes some individuals who cannot speak or move. Photography The KCC funded Photography project aimed al increasing confidence with people with acquired brain injuries and other members ol the local community following Covid. The project encouraged people to safely mix, within the Covid Safety measures, to take photos of what Covid had meant lo them and their community. What now looked ditterenl and what was the new normal. As well as this creative expression and confidence building it also allowed for a new skill and friendships lo be acquired. The transfer lo general funds is in respect ol a contribution towards the charity's overhead costs. CRM Funding received last year from The Fidelity Fund via the Kent Community Foundation for a CRM. A CRM is a Customer Relationship Management data base system. The Olm Eclipse CRM system has been developed by Headway Oxfordshire and it's currently in use by Headway Oxfordshire and Essex so we are aware that this system works and il makes sense lo use a system that already has a track record within the Headway network. The system is bespoke lo the unique way Headway works with individual clients following ABI'S. The system allows for individuals Care Plan's Icrealed by Social Services) and the Wellbeing Outcome Star la social outcome measurement tool that we utilise with individualsl lo track the individuals recovery journey. The system measures achievements and goals in a person centred way and allows lor the creation ol bespoke plans in a community setting, within counselling and within our Community Hubs. The data can then be used lo assist clients with a visual representation ol their journey as well as creating credible evidence lo pursue further funding. The CRM system will provide clear evidence and outcomes lo demonstrate just how important our work is lo our existing funders and crucially when we apply lor new funding streams. The system was lully implemented in May 2023.
HEADWAY KENT Page 16 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Digital Inclu$ion Digital inclusion in adult social care refers lo the ettorts and strategies aimed al ensuring that all adults, regardless ol age, ability, or background, have access lo and can ellectively use digital technologies and online resources lo support their social care needs and overall well-being. 11 acknowledges the increasing importance ol digital technology in delivering ellicient and personalised care services while addressing potential barriers that certain individuals may face in adopting and using these technologies. The transfer to general funds is in respect ol whiteboards, tablets, screens and laptops which have been Irealed as fixed assets and are shown on the balance sheet. DESIGNA TED FUNDS Contingeney fund The contingency fund has been Created (by way ol transfers from the general lundl to cover emergencies or problems with funding and should enable the charity to operate lor a period ol approximately six months whilst alternative funding is sought. MOVEMENT IN FUNDS- PREVIOUS YEAR Asat 1 01 2021 In¢ome Expendlture Transfer$ Asat 31 122021 Restricted funds Wheelchairs Folkestone property Evac Chair training Ramsgale Garden Link worker Community Link worker Photography CRM 260 2,651 804 1,117 260 2,651 804 1,117 9,058 5,000 4,897 10,450 38,145 5,000 7,931 13,000 116,6091 112,4781 13,0341 2,550 Total reslricled funds 4,832 64,076 119,1591 115,5121 34,237 Designated funds Contingency fund 250,000 50,000 200,000 Total designated funds 250,000 150,0001 200,000 Unreslri¢led general funds Total funds 86,921 319,180 404,038 65,512 67,575 341,753 383,256 1423,1971 301,812 RESTRICTED FUNDS- PREVIOUS YEAR Wheelchairs The wheelchair fund relates to a donation re1Ved from Pfizer in a previous year lo fund wheelchairs for the charity. Folkestone property Donations received in a previous year from the Freemasons and a Client's parent towards the costs ol fixtures and fittings at the propety al Folkestone. As these funds have not been lully used for the Folkeslone property, the Charity is lo ask the lunder if they can be used lor the Hythe property. Eva¢ Chalr tralnlng A donation received from the Rotary Club in a previous year towards the training costs associated with the Eva¢ Chair. Although the training has taken place the funds have not been lully utilised and the charity is lo ask the lunder if the funds Can be used for other stall training instead.
HEADWAY KENT Page 17 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Ramsgate Garden The balance ol funding received last year lo improve the garden (hanging baskets, planters elcl and Minibus Stand al the Ramsgate property. Due lo Covid, these funds have still not been spent and therefore the charity is lo ask the lunder if the balance ol this fund can be used for another purpose. Link worker The Reaching Communities funding from the National Lottery has allowed us lo employ a member of staff for 3 years to assist people with acquired brain injuries who wish to seek allernalive support other than the traditional Day Centre that we have previously ottered. As Acquired Brain Injuries are so varied this role identifies person cenlred aims and ambitions of people who may wish support seeking volunteering, training or employment opportunities, support accessing community events and support lo find the best local service for financial and housing issues. The role looks to reduce social isolation and loneliness and provide that essential link between a person and their social and economic needs. The transfer to general funds represents the agreed contribution lo the charity's overheads. Communlty Llnk worker Due lo the success of our Link Worker role, we successfully applied for funding from The Philip and Connie Phillips Foundation. This funding would allow the addition ol one day a week to our Community Link Worker role. This role is not stalulory funded and is something that we always need to lundraise for. The role Currently has been so sucTrssful that we had a wailing list ol over 40 people. The Community Link Worker supports individuals al any stage ol their ABI and regardless of their income levels. The role is not based on a traditional Day Centre model and instead provides 'in the home. or community person- centred problem-solving support for anyone with an ABI regardless of their issues. The range of activities includes, assisting with the KCC financial assessment, claiming benefits, sign posting and advice, obtaining a disabled badge, how to read a bus limelable and catch a bus Ifor memory issues), how lo access community and mental health support, relearning how lo read so individLJals can perform the most basic of tasks such as food shopping, and reducing social isolation and loneliness. Some ol these services do exist elsewhere, however, there is no other organisation that has the ability to assist people with complex ABI'S that impair speech, cause memory loss or retention, issues with anger and anxiety, a diverse range of disabilities and includes some individuals who cannot speak or move. Photography The KCC funded Photography project aimed al increasing confidence with people with acquired brain injuries and other members ol the local community following Covid. The project encouraged people to safely mix, within the Covid Safety measures, to take photos of what Covid had meant lo them and their community. What now looked ditterenl and what was the new normal. As well as this creative expression and confidence building it also allowed for a new skill and friendships lo be acquired. The transfer lo general funds is in respect ol cameras and laptops which have been Irealed as fixed assets and are shown on the balance sheet. CRM Funding received from The Fidelity Fund via the Kent Community Foundation lor a CRM. A CRM is a Customer Relationship Management data base system. The Olm Eclipse CRM system has been developed by Headway Oxfordshire and it's currently in use by Headway Oxfordshire and Essex so we are aware that this system works and it makes sense to use a system that already has a track record within the Headway network. The system is bespoke lo the unique way Headway works with individual clients following ABI'S. The system allows for individuals Care Plan's Icreated by Social Services) and the Wellbeing Outcome Star la social outcome measurement tool that we utilise with individualsl lo track the individuals recovery journey. The system measures achievements and goals in a person centred way and allows lor the Creation ol bespoke plans in a community setting, within counselling and within our Community Hubs. The data can then be used lo assist clients with a visual representation ol their journey as well as creating credible evidence lo pursue further funding. The CRM system will provide clear evidence and outcomes lo demonstrate just how important our work is lo our existing funders and crucially when we apply lor new funding streams.
HEADWAY KENT Page 18 NOTES TO THE FINANCIAL ST ATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 DESIGNA TED FUNDS- PREVIOUS YEAR Contingeney fund The contingency fund has been Created (by way ol transfers from the general lundl to cover emergencies or problems with funding and should enable the charity to operate lor a period ol approximately six months whilst alternative funding is sought. 11 FINANCIAL COMMITMENTS Al 31 December 2022 the charity had future minimum lease payments under non-cancellable operating leases as follows= 2022 2021 thin one year within two to live years after live years 68,702 37,075 68,040 105,060 12 MEMBERS LIABILITY The Company is a company limited by guarantee. The members. liability is limited to £10 each. 13 CORPORATION TAXATION The charity is exempl from lax on income and gains falling within section 505 01 the Taxes Act 1988 or section 252 01 the Taxation ol Chargeable Gains Act 1992 to the extent that these are applied lo its charitable objects. 14 RELATED PARTY TRANSACTIONS There were no transactions with related parties during the year under review that need to be disclosed.