Registered number- 02509780
Charity number- 900591
HEADWAY THAMES VALLEY LIMITED
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
CONTENTS
Page
Reference and Administrative Detsils of the Companyj its Twstees and Advisers
Trustees. Report
Trustees. Responsibilities Ststement
Independent Examiner's Report
ststement of Financial Activities
Balance Sheet
10
Notes to the Financial Statements

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
N J Barter-walsh
R P Gilby
R Gilson
MPNeal
T Satterthwatte
K E Milan
Angela Lee (Appointed 8 December 2021)
Company registered
number
02509780
Charity registered
number
900591
Registered office
Fourth Floor
Abbots House
Abbey Street
Reading
Berkshire
RG13BD
Treasurer
N J Barter-walsh
Accountants
James Cowper Kreston
Reading Bridge House
George Street
Reading
Berkshire
RG1 8LS
Page 1

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their
annual report together with the financial statements of Headway Thames Valley Limited Ilhe Charilyl for the year
ended 31 March 2022. The Trustees confirm that the Annual Report and financial statements of the company
comply with the current statutory requirements, the requirements of the companls governing document and the
provisions of the Statement of Recommended Practice ISORPI, applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
leffective 1 Jaunary 20191.
sin￿ the Charity qualifies as small under section 383, the strategic report required of medium and large
companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not
required.
CHAIRMAN'S STATEMENT
The most important thing lo note this year is huge credit to Jamie and the team for the way they have overseen
the beginning of a retum lo a post-covid way of working, whilst retaining some of the innovations that were
necessary during that time. This is critical to succeeding in our charity's mission in turbulent times.
From a fundraising and events perspective il has been fantastic lo see a return to planning in-person events,
which is something we are looking forward lo in the coming year. Despite this restriction, we have received
significant and invaluable support from our donors as well as some new grants to support some of the exciting
new servI￿s, and it is further credit to the team that we have been able to achieve our goal lo break even.
We look forward to continuing some exciting progress next year in terms of both the ServI￿S we are able lo offer
and the way in which we are able lo engage with our community of supporters. There will undoubtedly be more
challenges, most notably in terms of financial pressures on individuals and the organisalions that support them.
We have protected and built on a solid base from which to add our own support.
I WOLJld again like lo thank all the team the staff and volunteers and everyone who has supported the charity in
the last year.
Tom Satterthwaite
Chaimian - Headwa
Thames Valle
MANAGER'S REPORT
Given the uncertainty faced across the world in 2020-2021, our goal for this year was to get back to steady and
consislenl service deliveries. Some of the changes we made during the pandemic have remained,. for example,
our Centre continues to operate 4 days a week rather than 2, working with smaller groups of clients on each day.
This originally emerged as a social distancing solution but we soon saw that we were able to deliver a richer
Servi￿ by working in this way.
Furthermore, we have continued to deliver group services on a screen for some of our clients. Prior lo the
pandemic we would run peer support groups for those with mild or moderate brain injury al various locations
across Berkshire and South Oxfordshire. Since moving these groups to a screen, we have managed to group
our clients by far more than their home town and again, the service is better for this change.
Having noticed a dip in our referral numbers, we made a conscious effort to interact with historical referrers, such
as GP surgeries, local hospitals and social services. We presented lo each of them on our post pandemic
services and the changes we've made to ensure a safe delivery of support to adults who have suffered an
acquired brain injury. We also appointed our first CommLJnicalions Officer lo fLJrther ensure those who could
benefit from our support are aware of us. We hope this appointment will also strengthen our varioLJS fundraising
streams.
Last year we launched our NeLJro Rehab Service and we have been pleased to pair our amazing clinicians up
with a lol of clients who couldn't afford to access a service like this privately, nor was it available through the
NHS.
Page 2

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
In the year ahead we will continue lo aim for slow and steady growth, aiming to work wth everyone in Berkshire
and South Oxfordshire who might benefit from our services.
Thank you to everyone who continues to support Headway Thames Valley each year, including our fantastic
staff, trustees, volunteers, clients, and supporters.
Jamie Higgins
Mana
er of Headwa
Thames Valle
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisalion is a charitable company, limited by guarantee, incorporated on 8th June 1990 and registered
as a Charity on 12th July 1990. The charitable company was established under a Memorandum of Association
which established the objects and powers of the charitable company and is governed under ils Articles of
Association.
Oirectors￿rUSteeS Induction and Training
Most directorsllrustees are already familiar with the practical work of the charity, having either a personal
involvement or a long-time investment in what il does. Additionally, new direclorsllruslees are invited and
encouraged lo attend training sessions offered to familiarise themselves with the charity and how it operates.
Organisational Structure
Headway Thames Valley has a Management Committee which meets al least 8 times a year and is responsible
for the strategic direction and policy of the charity. During the year there were 6 Trustees from a variety of
backgrounds relevant lo the work of the charitable company. A scheme of delegation is in place, and day lo day
responsibility for the provision of the services at the Resource Centre rests with the Manager.
Key Management Personnel
Key management personnel consists of the Manager, Jamie Higgins, who is responsible for the operations of
the charity, reports regularly to the chairman Tom Satterthwaile and allends Iruslee meetings. Key management
personnel are remunerated al appropriate levels and are reviewed on an annual basis by the Trustees.
Network
Headway Thames Valley is affiliated lo Headway UK which was formed in 1979. A steering committee was sel
up and registered Headway National Head Injuries Association as a charitable trust in 1980. In 1989 they
became a company limited by Guarantee.
In 1999, Headway UK changed ils name from Headway National Head Injuries Association lo Headway - the
brain injury association. Since 1979 the organisation has increased from one steering committee lo over 120
groups and branches throughout the UK. Headway UK is run by ils members headed by a Board of Trustees
and staff al a Nottingham office and a London office.
Although affiliated to Headway UK and required to pay an affiliation fee, Headway Thames Valley is run entirely
independently of Headway UK. However, through the various departments which make up the organisalion,
Headway Thames Valley gains valuable support and assistance Ilhough not financiall from the national
organisalion.
Page 3

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Risk Assessment
The directors have considered the major risks which the charitable company faces and confim) that systems
have been estsblished lo ensure that the necessary actions may be taken.
Objectives and Activities
The charitable companvs objectives and principal activities are to..
Support those with acquired brain injury and their families in the Thames Valley area
Offer a range of centre based activities
Play our part in seeking lo improve statutory services
Raise awareness of the causes and effects of acquired brain injury amongst the general public
Work in partnership with other organisations that strive to improve the lives of those with acquired brain
injury.
The main objectives and activities for the year continued to focus on providing as wide a range of services as
possible whilst keeping lo our budgetary disciplines. We also continued lo offer outreach and education
serviTrs and provide placements for new graduates. The following objectives have been mel..
Working towards meeting or ex￿edIng all Governan￿ Standards set by Headway UK
Working towards meeting or ex￿edIng NSF Guidelines with particular referen￿ to quality requirements.
Providing community based rehabilitation and support, help with long term adjuslmenl, social integration,
enablement, supporting families and carers and offering long term support
Operating an effective training and development programme for all staff and volunteers
Increasing our fundraising efforts
As well as 16 staff and volunteers, Headway Thames Valley has agreements during the year with 4 professional
therapists and consultants. Volunteers are recruited from a variety of sources and given appropriate training
along wtth the staff.
Achievements and Perforrnance
While we were extremely proud of the support we provided throughout the pandemic, it has been fantastic to
work with a bit more freedom in the last year and engage with many of our clients in a face to face setting once
again. We have supported over 120 clients as well as their families and carers. Some of the support we've
provided includes 350 hours of Art Therapy, 230 hours of adapted Exercise Classes, 160 hours of Tai chi, 580
hours of Upcycling and 430 hours of Music Therapy all in our centre in Henley.
Other services have continued to be available online, including our Community Groups and Living wth Brain
Injury Course, where we have delivered 528 hours of education, peer support and advice, facilitated by our
Occupational Therapist.
Since launching our Neuro Rehab Service earlier in the year, we have dleivered 36 hours of Neuro Psychology.
36 hours of Neuro Physio and 12 hours of Speech and Language Therapy.
Plans for the Future
As noted in our Ch8irm8n's statement we aim lo achieve modest growth in the next year as we understand and
respond lo our clients, needs.
Public Benefit
The Trustees confirm that they have complied with the Charities Act 2011 to have due regard to the Charity
Commission general guidance on public benefit.
Page 4

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Financial Review
The Charity made an operating surplus in the year of £24,81912021'. defecil £1,984) this enhances the charitls
having a strong reserves position al the year end of £228,805 of which £206,379 is unreslricled funds and is
represented by £181,098 of unreslricled cash reserves.
During the year, the charity received £77,414 in the form of general donations and from fundraising activities
12021.. £68,321).
Reserves Policy
The charity has a reseNes policy whereby a salary fund has been set up that is eamiarked as the provision of
cash resources lo support staff salaries. The salary reserve of £50,00012021'. £50,000) is currently al a level lo
cover these costs for approximately 6 months.
Unrestricted reserves after the salary reserve of £156,379 are deemed sufficient to support the Charit￿$ future
plans.
This reserves policy is reviewed by the charity annually as part of its budgeting process.
Approved by order of the members of the board of Trustees and signed on their behalf by..
T Satterthwaite
(Chair of Trustees)
Date., 7 1'):'2O22
Page 5

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2022
The Trustees (who are also the directors of the Company for the purposes of company lawl are responsible for
preparing the Trustees. Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting Praclicel.
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of
the slate of affairs of the Company and of its incoming resources and application of resources, including Its
income and expenditure, for that period. In preparing these financial statements, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any materi81
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the
Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain
the Companls transactions and disclose with reasonable accuracy al any time the financial posrfcion of the
Company and enable them to ensure that the financial slalements comply wrfch the Companies Act 2006. They
are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Page 6

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Independent Examiner's Report to the Trustees of I'the Company'l
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March
2022.
Responsibilities and Basis of Report
As the TrLJslees of the Company land its directors for the purposes of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 AcV}-
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of the Companls
accounts carried out under secb.on 145 of the Charities Act 2011 {'Ihe 2011 Acl'l. In carrying out my examination
I have followed the Directions given by the Charity Commission under section 145151{bl of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act.,
or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'lrue and fairf view which is not a maller considered as part of
an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached.
Page 7

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2022
This report is made solely lo the Companls Trustees, as a body, in accordance wth Part 4 of the Charities
IAccounts and Reportsl Regulations 2008. My work has been undertaken so that I might state lo the Companls
Trustees those matters l am required to stale to them in an Independent Examiner's Report and for no other
purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the
Company and the Company's Trustees as a b(Idy, for my work or for this report.
Signed..
Dated.. 14 December 2022
Darren O'connor Bsc IHons} FCCA ACA
James Cowper Kreslon
Chartered Accountsnls
Reading Bridge House
George Street
Reading
Berkshire
RG18LS
Page 8

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2022
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Total
funds
2021
Note
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
23.082
77.414
86,419
11.250
28
100.496
86,419
11.250
28
68,321
77,099
2,244
133
Total income
23,082
175,111
198,193
147,797
Expenditure on:
Charitable activities..
Raising funds
Charitable activities
32.304
119.499
32.304
141.070
30,623
119,158
21.571
Total expenditure
21.571
151.803
173.374
149,781
Net movement in funds
1,511
23.308
24.819
11,9841
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
20,915
1.511
183,071
23.308
203,986
24.819
205,970
11,9841
Total funds carried forward
22.426
206.379
228,805
203,986
The Slatemenl of Financial Activities includes all gains and losses recognised in the year.
The noles on pages 11 to 25 fomi part of these financial statements.
Page 9

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
REGISTERED NUMBER: 02509780
BALANCE SHEET
AS AT 31 MARCH 2022
2022
2021
Note
Fixed assets
Tangible assets
13
17.875
22,284
17,875
22,284
Current assets
Debtors
14
24,085
197,630
32,094
160,039
Cash at bank and in hand
221,715
192,133
Creditors.. amounts falling due within one
year
15
{10,7851
110,431 }
Net current assets
210,930
181,702
Totsl net assets
228.805
203,986
Charity funds
Restricted funds
16
22.426
206.379
20,915
183,071
Unrestricted funds
16
Total funds
228.805
203,986
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance wtth
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance wth the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by..
T Satterthwaite
Ichair of Trustees)
Date.. 711212022
The notes on pages 11 to 25 form part of these financial statements.
Page 10

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
General infomiation
Headway Thames Valley Limited is a registered charity, number 900591, and a charitable company limited
by guarantee, number 02509780, incorporated in England and Wales. The address of ils registered office
is Fourth Floor, Abbots House, Abbey Street, Reading, Berkshire, RG1 38D.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
Headway Thames Valley Limited meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised al historical cost or transaction value unless otherwise slated in
the relevant accounting policy.
2.2 Company status
The company is a company limited by guarantee. The members of the company are the Trustees
named on page . In the event of the company being wound up, the liability in respect of the guarantee
is limited to £1 per member of the company.
2.3 Income
All income is recognised once the Company has entitlement to the income, fc is probable that the
income will be received and the amount of income receivable can be measured reliably.
The following specific policies are applied lo particular categories of income..
Voluntary income is received by way of donations and gifts and is included in full in the statement
of financial activities when receivable.
Donated services and facilities are included at the value to the charitable company where this
can be quantified. The value of services provided by volunteers has not been included in
these financial slalements as il is too difficult lo quantify this value wth reasonable accuracy.
Investment income is included when receivable.
Income from charitsble activities relate lo grants, these are recorded when the charitable
company becomes unconditionally entitled to the grant.
Page11

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies Icontinuedl
2.4 Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure inclLJdes any VAT
which cannot be fully recovered, and is reported as part of the expenditure lo which it relates..
lil Expenditure on raising fLJnds comprise the costs associated with allracling voluntary income and
the costs of fundraising actimties
lill Charitable expenditure comprises those costs incurred by the charitable company in the delivery
of its activities and services for its beneficiaries.11 includes both costs that can be allocated
directly lo such activities and those costs of an indirect nature necessary to support them.
liiil All costs are allocated between the expenditure categories in the statement of financial
activities on a basis designed to reflect the use of the resoLJrce. Costs relating to a particular
activity are allocated directly, others are apportioned on an appropriate basis.
Support costs are those costs incurred directly in support of expenditure on the objects of the
company and include project management carried out al Headquarters.
Charitable activities and Governance costs are costs incurred on the companls operations, including
support costs and costs relating to the governance of the company apportioned lo charitable
activities.
2.5 Tangible fixed assets and depreciation
Fixed assets for charity use are capitalised al cost, when acquired, or market value as determined by
the directorsllruslees where donated. They are staled in the financial statements at original
cosuvalue less depreciation. Fixed assets are not capitalised if the cost is less than £500.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated Ljseful lives.
Depreciation is provided on the followng bases..
Leasehold improvements
Minibus
Fixtures and fittings
Computer equipment
250/0 reducing balance
250/D reducing balance
200/0 reducing balance
3 years straight line
2.6 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the company., this is normally upon notification of the interest paid or payable by the Bank.
2.7 Operating leases
Rentals under operating leases are charged to the Statement of Financial Activities incorporating
Income and Expenditure Account on a slraighl line basis over the lease term.
2.8 Debtors
Trade and other debtors are recognised at the selllemenl amount after any trade discount offered.
Prepayments are valued at the amount prepaid nel of any trade discounts due.
Page 12

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies Icontinuedl
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet dale as a result of a past
event, it is probable that a transfer of economic benefit wll be required in selllemenl, and the amount
of the settlement can be estimated reliably. Liabilities are recognised al the amount that the company
anticipates it will pay to settle the debt or the amount il has received as advanced payments for the
goods or services rt must provide. Provisions are measured at the best estimate of the amounts
required to setlle the obligation. Where the effect of the time value of money is material, the provision
is based on the present value of those amoLJnls, discounted al the pre-tax discount rale that reflects
the risks specific to the liability. The unwnding of the discount is recognised wf(hin interest payable
and similar charges.
2.11 Pensions
The company operates a defined contribution pension scheme and the pension charge represents
the amoLJnls payable by the company lo the fund in respect of the year.
2.12 Operating leases
Rentals paid under operating leases are charged lo the Statement of Financial Activities on a straight
line basis over the lease term.
2.13 Fund accounting
General funds are unrestricted funds which are available for use al the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordanee wth specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Page 13

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Critical accounting estimates and areas of judgment
In the application of the companvs accounting policies, the directors are required to make judgments,
eslimales and assumptions about the carrwng amounts of assets and liabilities that are not readily
apparent from other SOLJrces. The estimates and associated assumptions are based on historical
experience and other factors that are considered lo be relevant. ActLJal results may differ from these
estimates.
Critical accoLJnting estimates and assumptions..
There were no judgment or material estimation uncertainties affecting the reported financial perfomiance
in the current or prior year.
Income from donations and legacies
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Total
funds
2021
Donations
23,082
77,414
100,496
68,321
Tot812021
13,510
54,811
68,321
Income from charitable activities
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
Allendance fee
86,419
86.419
77,099
Total 2021
77,099
77,099
Page 14

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Other trading activities
Income from fundraising events
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
Monthly draw
Transport and goods for centre
Miscellaneous income
1,965
6,015
3,270
1.965
6.015
3,270
2,175
50
19
11,250
11.250
2,244
Total 2021
2,244
2,244
Investment income
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
Investment income
28
28
133
Total 2021
133
133
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2022
2022
Total
2022
Tol81
2021
Fundraising
Charitable activities
32,304
119,499
32,304
141.070
30,623
119,158
21,571
21,571
151,803
173,374
149,781
Total 2021
6,100
143,681
149,781
Page 15

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of expenditure on charitable activities Icontinuedl
Summary by fund type Icontinuedl
Analysis of expenditure by activities
Activities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
Total
funds
2021
Fundraising
Charitable activities
28,786
118,462
3,518
22,608
32,304
141.070
30,623
119,158
147,248
26,126
173,374
149,781
Total 2021
124,901
24,880
149,781
Analysis of direct costs
Charitable
activities
2022
Total
funds
2022
Total
funds
2021
Fundraising
2022
Wages and salaries
Consultants
27,396
65,662
27,162
12,926
4,781
6,121
2,027
12171
93,058
27.162
12,926
4,781
6,121
2.027
{2171
1,390
91,580
11,285
7,529
5,423
6,580
22
517
1,965
Transport costs
Computers
Premises, cleaning and maintenance
Staff Recruitment
Bad debt provision
Other expenditure for clients
1,390
28,786
118,462
147.248
124,901
Total 2021
28,543
96,358
124,901
Page 16

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of expenditure by activities Icontinuedl
Analysis of support costs
Charitable
activities
2022
Total
funds
2022
Total
funds
2021
Fundraising
2022
Depreciation
Utilities and waste disposal
Rent
Postage, telephone, printing and stationery
Insuran￿, legal and professional
Training
Other expenditure
Fundraising
Accountancy
253
88
147
723
4,301
1,591
2,653
5,787
2,752
458
1,477
4.554
1.679
2,800
6,510
2.872
484
1,559
2,079
3.589
5,082
2,110
2,500
4,164
3,256
2,265
1,565
826
120
26
82
2,079
3,589
3,112
3,518
22,608
26,126
24,880
Totsl 2021
2,080
22,800
24,880
10.
Independent examinerfs remuneration
The independent examinerfs remuneration amounts to an independent examiner fee of £2,78012021
£2,780}.
11. Staff costs
2022
2021
Wages and salaries
Social security oosts
Contribution to defined contribution pension schemes
88.247
3,291
1,520
83,385
5,504
2,691
93,058
91,580
The average number of persons employed by the Company during the year was as follows..
2022
2021
Employees
Page 17

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
11. Staff costs {continued}
No employee received remuneration amounting to more than £60,000 in either year.
The total remuneration of key management personnel during the year was £26,75412021- £27,557).
12.
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits12021- £NILI.
During the year ended 31 March 2022, no Trustee expenses have been incurred12021- £NILI.
Page 18

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
13.
Tangible fixed assets
Short-temi
leasehold
property
Motor Fixtures and
vehicles
fittings
Computer
equipment
Total
Cost or valuation
Al 1 April 2021
Additions
107.195
66,836
86.086
17.459
1,843
277.576
1.843
At 31 March 2022
107,195
66,836
86,086
19,302
279,419
Depreciation
Al 1 April 2021
Charge for the year
98.695
2.125
60,042
1,698
80.853
1.047
15.702
1.382
255.292
6.252
At 31 March 2022
100,820
61,740
81,900
17.084
261,544
Net book value
Al 31 March 2022
6.375
5,096
4.186
2.218
17.875
At 31 March 2021
8,500
6,794
5,233
1,757
22,284
Page 19

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14.
Debtors
2022
2021
Trade debtors
19,620
1.041
3.424
28,148
other debtors
Prepayments and accrued income
3,946
24,085
32,094
Creditors.. Amounts falling dug Within ong year
2022
2021
Trade creditors
Soci31 security and other taxes
Accruals and deferred income
1,292
1,821
7.672
1,189
1,824
7,418
10,785
10,431
16.
Statement of funds
Statement of funds - current year
Balance at
31 March
2022
Balance at 1
April 2021
Income Expenditure
Designated funds
Salary fund
50.000
50.000
8alance at
31 March
2022
Balance at 1
April 2021
Income Expenditure
General funds
Gener81 Funds
133,071
175.111
1151,8031
156.379
Total Unrestricted funds
183.071
175.111
1151.8031
206.379
Page 20

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Statement of funds Icontinuedl
Balance at
31 March
2022
Balance at 1
April 2021
Income Expenditure
Restricted funds
Phyliss Court Action Group
Face of Henley
Kitchen Fund
Refurbishment Fund
1,093
226
375
471
{2191
1451
1941
{1181
{3791
1831
1691
{8191
{7171
874
181
281
353
Dr Mary Minibus
Physio Couch
Rotunda
Brunner Hall Refurbishment
Grocers Trust
1,517
413
347
3,278
717
1,138
330
278
2.459
Syder Foundation
Henley Town Council
The Big Give
The D,0￿Y Carte Charitable Trust
Henley Town Council
Invesco Perpetual
Mccarthy & Stone
Gerald Palmer Trust
2.500
4.466
2,012
3,500
2.500
1.806
2.011
700
12.6601
12,3281
12,8001
13.8601
2.327
5.000
2.575
500
1.140
2.575
500
2,500
2,500
The Berkshire Nurses and Relief in Sickness
Trust & Berkshire Community Foundation
Garden renovation PW
Green Hall Foundation
6.180
2.000
2.000
16.1801
2.000
800
11,2001
20,915
23.082
{21,5711
22.426
Total of funds
203.986
198.193
1173.3741
228.805
Page 21

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Statement of funds Icontinuedl
Statement of funds - prior year
Balance at
31 March
2021
Balance al
1 April 2020
Income
Expenditure
Designated funds
Salary fund
50,000
50,000
General funds
General Funds
142,465
134,287
1143,681 }
133,071
Totsl Unrg$trictgd fund$
192,465
134,287
1143,681 }
183,071
Restricted funds
Kitchen Fund
Refurbishment Fund
Dr Mary Minibus
Physio Couch
Rotunda
1,423
284
500
1330)
158)
1125)
11571
1506}
197)
1501
1874}
1,093
226
375
628
2,023
510
471
1,517
413
Brunner Hall Refurbishment
Grocers Trust
397
347
Syder Foundation
Henley Town Council
The Big Give
The D,0￿Y Carte Charitable Trust
Henley Town Council
Invesco Perpetual
Mccarthy & Stone
Gerald Palmer Trust
4,152
717
3,278
717
2,871
12,869}
1500)
500
2,500
5,000
2,010
3,500
2,500
4,466
2,010
3,500
1534)
13,505
13,510
16,1001
20,915
Total of funds
205,970
147,797
1149,781 }
203,986
Page 22

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Statement of funds Icontinuedl
Phyllis Court Action Group
This is a donation received that can only be spent on specific items agreed by the action group. The
depreciation charge for the year relating to items purchased and capilalised in prior years has been
charged lo this fund.
The Face of Henley
This fund relates to the donation of a Molomed from the fa￿ of Henley. This asset has been capitalised
and reSoUr￿S expended relate lo the depreciation over ils estimated useful life.
Kitchen Fund
This is a donation from the Percy Bilton Charity to fund work carried out on the kitchen. Expenditure
charged against this fund relates the depreciation of the kitchen project.
Refurbishment Fund
This fund is a donation from the Big Lottery lo fund refurbishment works on the interior of the leasehold
premises. The expenditure charged against this fund relates to the depreciation of the refurt)ishment
project
Dr Mary Minibus
This is a donation from Dr Mary Catterall for the purchase of the new minibLJS. The expenditure against
this fund relates to depreciation of the minibus.
Physio Couch
This donation was provided to fund the purchase of a physio COLJch. It has been expensed and the eharge
against the fLJnd represents depreciation.
Rotunda
A donation to fund the purchase of a rotunda. Expenditure charged against this fund relates lo
depreciation of the rotunda.
Brunner Hall Refurbishment
This fund relates to grant funding and donations received for the refurbishment of the chartys leasehold
premises at Brunner Hall, Henley. Expenditure charged against this fund relates to the depreciation of
these leasehold improvements.
Grocers Trust
Grant for art therapy lo cover costs of Art Therapist and art materials.
Wokingham United Charities
Community support for 2 to 4 adults wth brain injury
Designated
Salary fund these funds have been earmarked as the provision of cash resoLJrces lo support staff
salaries.
Syder Foundation
Fund lo help cover the cost of Bushcrafl visits.
Shanley Foundation
To help fund Tai Chi and Chair exercises.
Henley Town Council
To cover the costs of an art therapist and their supplies.
Page 23

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Statement of funds Icontinuedl
The Big Give
To cover costs of a photographer and art supplies.
The D'oyly Carte Charitable Trust
To help cover costs for the Neuro rehabilitation service starting in 2021-22.
17.
Summary of funds
Summary of funds- currentyear
Balance at
31 March
2022
Balance at 1
April 2021
Income Expenditure
Designated funds
General funds
Restricted funds
50,000
133,071
20,915
50.000
1 $6,379
22.426
175,111
23.082
1151,8031
{21,5711
203,986
198.193
1173.3741
228.805
Summary of funds- prioryear
Balance 8t
31 March
2021
Balance al
1 April 2020
Income Expenditure
Designated funds
General funds
50,000
142,465
13,505
50,000
133,071
20,915
134,287
13,510
1143,681 }
16,100)
Restricted funds
205,970
147,797
1149,781 }
203,986
18.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Current assets
Creditors due within one year
5,894
16,532
11,981
205,183
110,785}
17.875
221,715
110.7851
Total
22,426
206,379
228,805
Page 24

HEADWAY THAMES VALLEY LIMITED
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
18.
Analysis of net assets between funds Icontinuedl
Analysis of net assets between funds- prioryear
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Current assets
Creditors due within one year
7,720
13,195
14,564
178,938
110,431 }
22,284
192,133
110,4311
Totsl
20,915
183,071
203,986
19.
Operating lease commitments
Al 31 March 2022 the Company had commitments lo make future minimum lease payments under non-
cancellable operating leases as follows..
2022
2021
Not later than 1 year
Later than 1 year and not later than 5 years
2,800
8,400
2,800
11,200
11,200
14,000
20.
Related party transactions
Related parties are the Iruslees and there have been no transactions between them and Headway
Thames Valley Limited in 202212021 Nill.
Page 25