Chartty registration numb&r 1156538 HEADWAY OXFORDSHIRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 HEADWAY OXFORDSHIRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees U Easchka J B21inski N Denton R Coleman Charity number 1156538 Indèpèndent èxamlner Critchleys Audit LLP Beaver House 23-38 Hythe 8ridg8 Street Oxford OXI 2EP HEADWAY OXFORDSHIRE CONTENTS Page Trustees, report IndepeNJent examlneI8 report Stal8menl of finan￿81 a¢tsvitl65 Balance sheet Slalgmenl of cash flows Notes to the finarhcial statements 9-18 HEADWAY OXFORDSHIRE CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2023 Headway Oxlordshirg IHWOI 1￿Mpleted ils transfer to an entirely non slalutory fundgd organisallon in 2016 and despite the difficult fund.raising environment., HWO, now known as Qxford Nead Injury SeNice8 IOPIISI has again mel ils fundraising and budgetary objectives by adapting its offerings, increased fvndraising and collaboration with provlders of legal servlees lo dellver rehabilÉlalion sfjrvices under the Oxford5hire ABI Support Service IOASSI odel. This apptoach to the market has Fneant that wg have been able to contlnue to operate again th15 financAal year solely on a combln311on of fundraising and'paid for service" income. As prevlously staled in annual reports the providlng ol apparent choice for fund holding clientslpatsents Idue lo direct settlements) is a more inefficlent model than the ctrntral fundlng we had historically experienced. This is due lo th8 additlonal ov8rh6ad8 associat8d with th8 cli8nVprovid8r relalionshlp, su¢h 8$ attracting and billing 18nts, chasing debtors, logalhor wllh the upfront payment of our costs and Ihg subsequent impact on our cash flow. Also, there has been a need to develop partnw relationshlps such as OASS lo help signpost our services to potentlal users. Wo conlinus lo operate strict budgeting and financial controls, and we have been able lo achieve our objective5 whilst incT¢asing our r¢sorvos. Thcso rosorv88 will allow us lo in¢roaso our long-lorm strategic investments. To date this has meant a significant upgrade lo our main Centre wth the wovision of a Physioth8T8Py Gym. The Aetivity Énd Rehabilltation Centre {ARCI recently underwent slgnifieant rèfurbishment with improved insvlalion, acc8ss, and transformation of thB 8Xt8rn818ppe8ranc8. This provides our current clients with an ex￿lIent space to uNlergo Ihglr r8h8blllt8llon and on-golng sociallsalion. Cxjr new resources lor physical rehabilitation continue to operate successfully and have prowded a suc¢8ssful and stlmulaling faclkty that Is extremely popular wlth our cllents. Having su￿08S￿lIY fundraised for the spociali81 Iherapy ar)d gym equipment we are oonsidering the best options to open this resource lo those affoctod by neurological or other health conditions within the rommunity who do not norTrtally access our services on the paid model. A8ld8 from th6 ARC, w6 contlnue lo ralse 8wa18nÈss of br81n Injury wlthln the communlty. and this has seen us making a gr8at* Impacl through our growlng 8vents cslendar and varfed media coverage. Finanelal Report Strict managemonl of costs and a focus on atlracting clients has ensured that our ¢ash reserves have been enhdnced and Lhis year's surplus has been directed to our new long-lerm investment plan aimed at g8herating eapltal rather than income. In accordance with our R8serv8s Policy and ongoing Business D8V81opm8nt Plannlng, the Trustaes and management team have identified a need for reserves at between 3-5 monlhs rtjnning ¢osls. HEADWAY OXFORDSHIRE CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 We hav8 managed to generate a modest surplus despite originally settl￿g a break-even budget. Selting positivg budg8ts will rèmain challenging. and the budget for next y8arw411 be challenging. Although the funding situation remains extr8mgly difficult, the tIU5tees are looking forwdrd lo an exciting period of change with further development of our services, partner8hips and a pew fut¥Jraising strategy. As Ihls financial year ends, I have decided after 18 years to step down as Chair of Trustèes and Bs a trust8e. I therefore would like to take the opportunlty to thank all the staff and trustees for Iholr support and guidance. Jane BalÉn5ki Chalr of Trustees Date.. HEADWAY OXFORDSHIRE CHIEF EXECUTIVE OFFICER'S REPORT FOR THE YEAR ENDED 31 MARCH 2023 Background This is the first business year where we were not directly or indirectly affected by the COVID pandetnic, therefore11 was a y8ar of stabilising and rebulldlng. A number of the team experfenced Ilfeslyle changes due lo the pandemlc and chose lo change Ihelr work life balance look the deeAsion to leave HWO and we 8xperienced a high level of staff turnover. Servlce Users By year end, we were back to th8 8XP8Ct8d capacity within the Act￿ltY & Rehabilit•lion Centre IARCI. Meanwhile. due lo the development of our approach to re¢ording and Irlaging potential patients Isee below liguresl our ABI Navlgalors have seen a 5ignifi¢anl increase in the number of Identified individuals requiring support within thè hospltal setting. Our A81 Navigators. Sharon Bond and Mandy Warwick hava responded with berlous effort gnd ctsmmllmènt to en8b18 US to meet Ihls growing damand and our particular thanks go to them for thelr sterflng efforts. HRIRe¢rultmentistaffing There was higher than usual staff turnov8r whi¢h added pressure to an already difficult COVID year. The recruitmenl experience proved more difficult than ?ver, wllh a combln31ion of either low tevels andlor poor quality of appllcallons. Where we were able to recruit, we experienced comparallvely poor rel8ntion and 8nded up In a cycle of recruitm6nl tralning reslgnation.. adding expense and workload tts tsur exlsling 18am. Fortunately, a core team of experfenced and corllmitted staff got us through. Financial Ihg HWO managernenl Team producè(S a conservatlV8 budget for this past year. As a resull of tha enllre team's hard work, we were able to meet and surpass expectations on Se￿1¢e-re1[aled income. Our Marketing and Evenls Officer also managed to exceed budget 6XPgCtation8. 80 all Ihlngs comblned lo return a surplus this year. Service Delivery Stats lactual} Despite the above ch8llÈngès, HWO'S t8am managed to produce some am82ing results through the provision ofthè lollowlng support.. Department ABI Navlgators (Hospital based) pe of support IndSvidual Initial Iriagelassessments Concluded and closed Non-oxlordshlre residents glven Inform8llon, advice and signposting Individuals re￿IVing freelongoing J8g81 advic8 1-1 community-based individuals supported Toial 1-1 hours of support Individual casès opened and supported Resulting £'s awarded Individual Day Sessions provided Numbew of indiMdual8 SUPPOrted Individuals succèssfully r8aching fvll indgpenden Exercise Professional Sessions Number 1.745 281 159 41 108 415 52 £178.33g 3,084 ABI Navlgators Icommunilyl W6lf2re Rights Activity & Rehab Centre Physi¢AI Rehab 415 HEADWAY OXFORDSHIRE CHIEF EXECUTIVE OFFICER'S REPORT FOR THE YEAR ENDED 31 MARCH 2023 Development This year we init¢ated an important service user survèy, to look In dèpth at IndividtJ8ls and carers vlèws ané expertences amund the followlng headlngs.. Hospllal Discharge HWO'S support ￿rfth1n thè hospllal Non HWO Support Financlal Impact Mental health and wellbeing Community acllvity Dlgital ServiTrs Further Support Each headlng had betwaèn 5-10 qu&stions that gav8 us lurthér undwstanding of what was most important lo our seryico User cohort and where there are significant gaps ￿ barriers in prov&sion and support. This Informatlon Is bging used to guide 0￿r service Ltevelopmenl work and also to inform ststutory partners when considering an ABI Strategy. Partnèrship we have continued to broaden the range of p8rtn6rshlps w8 hav8 with professionals In th8 fi81d of ABI, having this year initiated a relationship with"Headwisè' who provtd8 N8uropsychology. This enabl8s our s8rvic.8 users to access neLFropsychoiogy with a Irustod provider and supports the development of our Oxfordshire A81 SUp￿rt Servico IOASSI model. I want lo lake this oppLxlunily to express my appreciation to all those who have Continued to support our ¢èus6 through donations or even18. My th8llks also go to the HWO front line team, volunteers and trust66s who h8v@ b8&n steadfast in their resilience and continued support Ihroughoul another exlr¢mely difficult year. rcy Interim Chief Executlve Offlcèr rs Dale- ......2nd November 2023.........,.. HEADWAY OXFORDSHIRE CRITCHLEYS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADWAY OXFORDSHIRE I report to the Iruslees Dn my examination of the finanoal siatements of Headway Oxfordshire {the Gharilyl for the yeBr ended 31 March 2023. Responsibilities and basis of r8POrt As the trustees of the charily you are reswnsiblg for the prep8ralion of the finallcial stateffjents in accordance with the requirements ol the Charities A¢1 2011 Ith8 2011 Acll. I repofl in respect of my examination of the charity's finandal statements carried out undgr section 145 of the 2011 Acl. In earrylng out my &xamlnallon I have followed all the apNieable Dlreetsons glven by Ihe Charily Commission und8r sectlon 14515llbl of th8 2011 Act. Independent examlner's statement sin￿ the charit￿S gro￿ in¢orn8 exceeded £250,000 your examiner musl bg a member of a body listed In section 145 of Ihe 2011 Act. l confirm Ihat l am qualified lo undertake the examination be¢ausa l arll a member of The institute of Chartered Accountants In England and Waks. which is one of the listed bodlas. I hav8 eomplet8d my @xamlnation, I confirrll that no malt8rs hav8 comè to my 8tt6ntion In connection wllh the examination givi￿ cause to b8li8V8 that in any materi21 r8SP8Ct.. acCoUn￿ng records were not kept In respect of the charity as requlred by sedon 130 of the 2011 Acl.. or the financial statements do not accord wth those reeords., or the financlal slalements do nol comply ￿th the applltsble requlrernents conceming the forrn and content of accounts set out in the Charlties IAccounts and Reporisl Regijlations 2008 other than any requir?mpnt that the accounts glva a true and lalr vlaw whlch Is not a mattèr consldèr8d As part of an Independent examination. I have no concems and have come across no other matters in conn8Ction with th8 exaTnlnation lo whlch attention should be drawn in this report in order lo enable a proper understanding of the financial slalements to bg reachgd. GP,•- Gary Pready FCA Crltchleys Audit LLP Beaver Hous8 23-38 Hylhe Bridge Streol Qxford OX12EP Dalgd.. HEADWAY OXFORDSHIRE STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Curreht financlal year Unre5trlcted Restrlcted funds funds 2023 2023 Total Total 2023 2022 Notes Incorne from: Donatlons and l@gaaes ChaHtablE actlvilles Other trading activities Investments 15.998 323,404 7,442 106 15.998 464.984 7,442 106 12.471 464,591 24,404 608 141.580 Totsl Income 346,950 141,580 488,530 502,074 Ex enditure on: Raising funds 3,7C 3,706 7,838 Ch8ritable activities 371.674 72.248 443,922 461,012 Other 12 2,749 Total expenditurè 375.380 72.248 447,628 47f,599 Net lexponditurollincomg for the yearl Net mov•m•nt In funds 128.4301 69,332 4CI,902 30,475 Fund balances al 1 April 2022 892,233 189,795 1,082,028 1.051.553 Fund balances at 31 March 2023 863,803 259,127 1,122,930 1,082.Cfr28 The statement of financial activities includes all gains and losses recognised in the year. All Income and expendlture d@iive from contlnuing activltles. HEADWAY OXFORDSHIRE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Prlor flnancial year Unre$trl¢ted Restrl¢ted funds funds 2022 2022 Total 2022 Notes ncome from: Donations and legacies Charitable aclivllles Other trading a¢livlties Investments 12,471 361,013 24,404 608 12,471 464,591 24,404 608 103,578 Total Income 398,496 103,578 502,074 Ex ondlture on: Raising funds 7.838 7.838 Ch8rit8ble ach￿tieS 382.496 78,516 461.012 Other 12 2.749 2.749 Total expenditure 393.083 78,516 471,59g Nèt (*xp8ndlbJr4lltncom8 for the yearl Net movement In funds 5,413 25,￿2 30.475 Fund b81ances 8t 1 April 2021 886,820 184,733 1,051.553 Fund balances at 31 Mareh 2022 892,233 189,795 1,082,028 HEADWAY OXFORDSHIRE BALANCE SHEET AS AT31 MARCH 2023 2023 2022 Notas Fix8d assets Tanglbla assets 14 355.184 397,450 Current assets Debtors Cash al bank and in hand 15 41.035 740.993 23.943 696,190 782,028 720.133 Credltors.. amounts falllng due withln onè yèar 114,282) 135,5551 Net current assets 767,746 684.578 Total assets less current Ilab115tles 1.122,930 1,082,028 Income funds Reslri¢ted fullds Unrèstrfcted fu ds- Dessgnated funds General unreslricted funds 17 259,127 189,795 era 18 575,746 288,057 627.957 264.276 863,803 892.233 1,122,930 1.082,028 0311112023 The financial statements were approved by the Trustees on ...............,. Jak/z4 alinski rustee HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting pollcigs Charlty 5nformatlon HeB(Iway Oxfordshire is a tharitable incorporated organlsation Incorporated in England Walos. Th8 r6gi%lered office is 4 Bagley Wood Road. Kenninglon, Oxford, OX1 5PL. 1.1 Accounllng conventlon The financlal st8tem6nts have been prepared in accordance with the charity's governing document, the Chariti8s Act 2011, FRS 102"The Financial Reporting Standard applicable in the UK and Republic ol Ireland rFRS 102.1 and the Charities SORP Accounting dnd Reporting by Charitles.. Stat&ment of Recommended Practice applicable lo ¢harilies preparing their accounts In accordance wth lh8 Financi21 Reporting Standard applicable in the UK and Rowblic ol Iroland IFRS 102}" lefteetive l January 20191. The Charity is a Public gnofil Entity as defined by FRS 102. Th& finanaal sla18rn8nls hav8 d8P8rt8d from th8 Charlties (Accounts and Reptsrtsl R6gulatlons 2008 only lo the exlenl required lo provide a true and falr vlew. Thls departure has Inv￿Ved following the Statement of Recommended Pra¢tKe for ch8ri11g8 gpplying FRS 102 rather Ilian the vorsion of the Statement of Recommènded Practice which is referred to in the Rogulalions bul which has slnce been withdrawn. The finanaal statements are prepared In sterling, which is the lun¢lional CLJrr8ncy of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The fln8nclÈl statements have been prepared under th8 historic81 cosl convention. The prlnclpal aeeoLtnting policles adoptèd are set out below. 1.2 Golng concem At thp lim8 of approving tha lin8noial statements. the trustees have a ¥easonable expectation that the charlly has adequate resources lo continue in operational exlslen¢e for the foreseeablé tuture. Thus the trustees continue to adopt the going concem bgsis of accountlng In preparing th& financial ststom8nts. 1.3 Charltable funds Unrestrfclod furids are av8llabl8 lor use 81 the discretion ol th8 Iruslat)s in furtherance of their ¢haTilabl8 objeLtives. Restricted funds aro subject to specific condtliorES by donors as to how Ih8y rnay be used. The pury)oses and Ljses ol the restricted fu￿$ are set out in th8 not8S tts the financial statements. Endtswmenl funds are subject to Specific condltions by donors that thg capital must be mainlalned by the charity. 1A Ineome Income is recoonised when the charlly Is legally enutled lo il after any performance conditions have been met, th8 amounts can be rn&asured rellably, and11 Is probable that Income will be receiv8d. Cash donations are recognised on r&¢$lpl. Other donations are re¢ognis8d onc& the charlty has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable Sn r&l8tlon to donal¢ons received under GIftAid or deeds of covenant Is recogni%ed al the Ilme of the donation. Lagacles are recognised on recelpl or othefwise if the charlly has been notified of an Impending dislributlon. th8 amount is known, and receipt is expected. If the amount Is nol known, the lega¢y Is treated as a cwlingent asset. HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlny pollelés (Continuodl 1.5 Expenditure Expondiluro is recognised on¢e there is a legal or ¢onslru¢live obligation lo 118nsfer economle benefit to Ihlrd party, il is probable that a transfer ol e¢onomi¢ benerrts will be required in setlbm8nl. and thé amount of the obligation can be measured reliably. Exp8nditur6 Is classlfled by aetlvity. The costs of each 8Ctivlty arè made up of the total of direct costs and shar8d costs, Includlng supwrt c()sts Involved In und6rtaklng e8ch acllvity. Direct costs atlribtslabk to a single activity are allocated directly to that acllvily. Shared cos18 which contribute lo morg thall one aLtivity and supwrt costs which are not allributsble to a single activity are apportioned belwgon those adivilies on a basis consistent with Ihe use ol resources. Cenl¥al staff costs are allocated on the basis of time Spent, and depretiation charges are alloc¢iied on the portion ol the asset's use. f.fj Tangible lixèd Assets TangIb￿ fixed assets artr inltially measured at cost and SLEbsequently measured at Cost or valuation. nel ol d8preclatlon and any Impalmiant lossès. Depreciation Is recognSsed so as to wrlte off Ihe cost or valuatlon of asseis less their residual vabjes over their US8fv1 liv8s on thè following b8SeS'. FTe8hold P¥Dperty Equipment Flxlures and fitllngs Motor vehicles 15 ye8rs 4 years 4 years 4 years The gain or loss arising on the disposal of an asset is determined as the difference betW8en the 8ale pro¢eeds and the carrying value of the asset, and is recognised in the statement of financial activities. 4.7 Impalrmènt of fixed assets Al each reporling end dale, the charity roviews the carrying amounts of its tangible assets to determine whelher there is any indicallon that those assels have suffcred an impairment loss. If any such indication exists. the recoverable amoun( of the asset Is estimated in order lo determine the extent of the impaimienl loss Irf any). 1.8 Cash and cash equlvalents Cash and cash equivalents ineltJd& cbsh in hand. deposits held at call with banks, other short4erm I￿Ul￿ investments Mfjth original rnaturities of thr80 months or less, and bank overdrafts. Bank overdrafts are shown wlthln borrowlllgs in current liabllib'es. 1.9 Flnanclal instruments The charity has elecled to apply the provisions of Se¢tion 11 '8asac Financial Instruments, artd S6ctton 12 'Olher Financial Inslruments Issues, of FRS 102 to all of ils finanaal inslrumenls. Fln8ntrAal Instrum8nts are r8cogni8ed in th8 charitls b818nce sheet when the char¢ly becomes party to the contractual provSslons of Ihg Instrument. Basic financial assels Basic financial assets, which indude debtors and cash and bank balances, are initially me8sur6d al transaction price induding transaction costs and are subsequently carried al 8mortised cost using the 8ffe¢tive interest method unless ihe arrangement conslilules a financing Iransaclion, where tho transaction is measured at the present value of the future receipts dlscounleis at a markel rat8 of inter881. Financial ass8ls Classified es receSvable wlthln one year are not amortised. 10 HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies Icontlnued) Baslc flnancial Ilabllllles Basic financial Ilabililies, including credltors arKI bank loans are initially reeognlsed al (ransaciion price unless the arrangement conslilules a financing transaellon, where the debt instrument is measured at the present value of the future payments discounted at 8 market rata of Intérest. Financial Ilabilities classified as payabl thln one year are not amortlsed. Debt in8trutn8nts are Subsequently carr¢ed at amortlsed cost. using the effective interest rale method. Derecognition of flnanclal Ilabslfflties Financial liabililios are d8recognised when the charity's oonlractual obligations expire or are discharged or cancolled. 1.10 Employge benefits The cost of any unused hollday en11￿8M8nI is r8cognis8d in th8 p8dcKI in whlch th8 employee's s6rvIc￿$ are received. Termination b8nefits are rocognised immediately as an expense when th8 charity is demonstrably committed to lerminale the employment of an employee or to provide temiinatlon benefits. 1.11 Retirement beneflt5 Payments lo defined conlribLÈtion retirement b8n6flt sd)emes 8¥e charged as an expense as they fall due. Critical 8¢¢ounting estimates and judgements In the application ol the charily's accounting polIc￿s, the trustees are required to make judgements. estimates and assumptions about Ihe carrying amount ol as5eis a￿d liabilities thal are not readily apparent frorn other sources. The esllmates and assoclated assumptions are based on historical experience and other factors that are ￿nSIdered lo b8 rèlevant. Actual r8sulls may drff8r from these 8slimales. The eslimales and undertying assumptions are ￿vieWed on an ongoing basis. Revisions to accounting eslirnales are recognised in the period in which the esttmate is revised where the revision affects only that pericKJ. or in the period of the revlslon and future periods whare the r6visk)n 8flecls both current and future perl(Kls. Critical judgements Fixed asset depreciation Depreciation is r¢oognised so as lo write off the cost or valuation of assets loss Ihgir residual values over their LFseful Iiv8s. Calculation ol depreciation requlres judgements lo be made. which include the useful economic lives ol fixed essets held. Depreciation for thè year was calculated lo be £46,83012021.' £50.3031. Donatlons and lèyaelès Unrestrlcted Unrestricted funds funds gènaral gènèral 2023 2022 Donations and gifts 15,998 12.471 HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charitable activities Total 2023 Total 2022 Direct Servi￿s Educational Oxfordshire Acquired Injury Support Service IOASSI 373.317 378.841 750 85.000 91,667 464,984 464.591 Analysls by fund UnreslriLte(S lunds- general Restricted funds 323,404 141,580 361.013 103,578 464.984 464,591 Other tradlng a¢tlvlllo$ Unrestrlcted Unrestricted funds funds general g•neral 2023 2022 Fundralslng Misc Income 6,767 675 17.339 7.065 Other tradlng activities 7,442 24.404 Investm8nts Unrèstricted Unrestrlcled fund5 funds general general 2023 2022 Bank Interest wcoivable 106 608 12_ HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charilable actlvltl89 Charitable Charllable Exp•ndieure Expendblure 2023 2022 Stsff co8t8 Ext6rn81 services hired 117,187 59,921 125,301 53,250 177.108 178,551 Shara of support cosls (see note 91 Share of governance costs (see nole g) 263,692 3,122 279,623 2,838 443,922 461,012 Analysls by fund Unre8lri¢led funds general Restricted funds 371,674 72,248 382,496 78,516 443,922 461,012 Raislng funds Unrastrlcted Unreslii¢led funds funds 2023 2022 ndraisi and oth8r fundralslng costs 3,229 6,420 Inv&stmenl management 477 1.418 3,706 7,838 13- HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Support costs Support Governance costs costs 2023 Support Govarnance costs Costs 2022 Staff Costs Depreciation Management and administratio Overheads 164.514 43.940 164,514 43,940 147,426 44.081 147,426 44.081 31,464 23,774 31,464 23,774 53,714 34.402 53,714 34,402 Accrual far indépendent examinerts remuneration 3,122 3,122 2,838 2,838 263,692 3,122 266.814 279,623 2.838 282.461 A¢)alysed belwè8n Gharitable activities 263,692 3,122 266,814 279,623 2,838 282,461 10 Trustees None of the Iruslees lor any p8rsons connected wlth them) rgeoSved ahy rernuneration or benefits from tho charity during the year. 11 Employèès Th8 average monthly number of ern￿oyees during tha year was.. 2023 Number 2022 Number 12 Employment costs 2023 2022 Wages and salaries Social Security costs Other pension costs 256,717 21,661 9.625 247.515 20.701 4,511 288,003 272.727 The number of employees whose annual remuner8tion was mote ￿an £60,000 is as follows.. 2023 Number 2022 Number £60,001- £70,000 14. HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 12 Other Total Unrestricted funds eneral 2022 2023 Net loss on disposal of tamgib18 fixed assèt8 2,749 13 Taxatlon The charily is excmpl from lax on income and gairis falling within secliw 505 ol Ihe Taxes Act 1988 or section 252 of Ihe Taxatsonof Charg@abl8 Gains Act 1992 to Ihe exlenl that those are applled lo its charitable objects. 14 Tangible fixed a5Sats Freehold Proporty Equlptnent Flxtures and Motor vehlclo& flttlngs Tot*1 Cost Al 1 April 2022 Additions 570,453 20,433 66.038 430 10,088 667.012 430 Al 31 klarch 2023 570,453 20.433 66,468 10,088 667,442 Deprèclatlon and Impairment At 1 April 2022 Dcpreciatlon charged Sn Ihe year 182,475 38,030 16,561 1,958 60,439 2,707 10,088 269,563 42,695 At 31 Malch 2023 220.505 18,519 63,146 10.Q88 312,258 Carrying amount At 31 M8reh 2023 349,948 1,914 3,322 355,184 Al 31 March 2022 387.978 3,872 5,600 397,45 15 Debtors 2023 2022 Amounts falling due Wjthin one year: Tr8de debtors Olher debtors Ptepaymenls gnd 8ccwed Ineome 31,051 1,333 8,651 21,421 440 2,082 41.035 23,943 15- HEADWAY OXFORDSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 16 Crèdltors= amounts falllng due within on0 year 2023 2022 Mortgage Othei tax8tion and socAal security Trade creditors other creditors Accruals and deferred incomè 25,626 4.642 1.371 1,078 2,838 3,669 6.730 761 3,122 14,282 35,555 17 RestrlctÈd funds The iticcme lunds of the charily indude ieslrided funds comprising the following un8xp8nded baL8nces of don81ion8 and grants held on trust for speikfic purwses.. Movement In funds Incèmlng Resources 8alanGe Al ro¥our¢ès expended l Aprll 2022 Movement in funds Incomlng Rtrsourcès Balance al ra8ourc86 expended 31 Mar¢h 2023 Balan¢e at 1 Aprll 2021 Blg Lotiory Fund 164.733 103.578 {78,5161 189,795 141,58Q 172,2481 259,127 OASS- The Big Lotlery Fund paid for ABI navigation. rtQ)IN