headway devon

REGISTERED COMPANY NUMBER: 4777788 (England and Wales)REGISTERED CHARITY NUMBER: 1097870

Headway Devon(A company limited by guarantee)

ANNUAL REPORT AND FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MARCH 2016

Bush & Co LimitedChartered Accountants2 Barnfield CrescentExeterDevonEX1 1QT

HEADWAY DEVON

CONTENTS OF THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MARCH 2016

Reference and Administrative Details

Report of the Trustees

Independent Auditors Report

Statement of Financial Activities

Balance Sheet

Notes to the Financial Statements

Page

10

12

HEADWAY DEVON

REFERENCE AND ADMINISTRATIVE DETAILS

Charity name

Charity registration number

Headway Devon

1097870

Company (limited by guarantee) registration number 4777788

Registered office X CentreCommercial RoadExeterDevonEX2 4AD

Directors/Trustees P Kelly, ChairmanC Thorne, Vice ChairmanD Herbert (resigned 27.1.16)M MartinK FooteC EllenE Searle (resigned 15.3.16)M WelchM RyanA PierceyK MitchelmoreM GreenK HarkinsD TuckerI WalkerD Emerson

Company Secretary

Accountant

A Mattock

Bush & Co Limited2 Barnfield CrescentExeterDevonEX1 1QT

Bankers CAF Bank Ltd

25 Kings Hill AvenueWest MailingKent

The Charity and its operations are governed by a constitution adopted and incorporated on27 May 2003.

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HEADWAY DEVON

REPORT OF THE TRUSTEESFOR THE YEAR ENDED 31 MARCH 2016

Public Benefit

Headway Devon aims to provide support, care and social reintegration for people with acquired braininjuries in Devon. This is our area of public benefit.

Our service provision is through our network of Headway Centres in local communities and one-to-onerehabilitation through our Community support services.

There are five Headway Centres which provide long-term, slow-stream rehabilitative daytime activitieswithin the community for adults with acquired brain injuries. Over the last year we had around 150people who attended our centres. However the number of people helped was much greater as manycarers and family members are also supported by our staff.

Each Headway Centre offers a friendly, informal and safe environment with peer support andunderstanding to facilitate the best possible recovery. Each person attending follows an individual

programme of rehabilitative activities agreed with the client and all relevant professionals.

Our Exeter Centre shares the same building as our administrative base. We rent out the main rooms tooutside organisations for conferences and meetings on days the centre does not meet in order to coverthe costs of running the building.

We also have a Community support service which provides specialist staff to work one-to-one with

adults in their own homes and communities providing personal care and enabling as part of theirrehabilitative programme. This service is available for the whole of Devon and our team provide servicesthroughout the county often in very rural areas where there is little or no public transport. Including farmsnear Broadwoodwidger and Hatherleigh, and villages like Widecombe, East Portlemouth, andChumleigh.

Over the year we have had over 70 new referrals for our community support service all of whom havereceived home visits by a Senior Manager to assess their needs and advise and signpost them ontoavailable services (including our own) Not all of these referrals will have accessed, or got, funding forour services.

We have had contracts for 130 clients over the last year and have provided between 550 and 625 hoursa week nearly 30,000 hours over the year across Devon.

In order to provide a quality specialist service we have an extensive in house training programme forstaff and volunteers and sell courses about brain injury to health and social care professionals. In

addition we provide information support and advice to those not attending the centres and their families,carers and many professionals.

Over the year we have had over 70 new referrals for our services all of whom have received home visits

by a Senior Manager to assess their needs and advise and signpost them onto available services(including our own). Not all of these referrals will have accessed, or got, funding for our services but

they will have taken considerable time and will have received essential support and advice for them andtheir families and carers.

Headway Devon employs 58 staff: - 10 are full time, the rest are part time. Most community supportworkers are sessional. We also rely on our committed and talented team of volunteers without whomwe could not run our Headway Centres, board, fundraising and other events. We have over fifty

volunteers.

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HEADWAY DEVON


Review of Pro ress and Achievements

Following on from our comprehensive spending review last year this has been a year of consolidationand cautious spending. We have kept staffing levels to the minimum and only spent on essentials andas a result have managed to achieve a respectable balance at the year end.

These measures have been difficult to sustain and have required a great deal of additional work forall staff concerned but they have proved successful in keeping Headway in a more financially viableand sustainable position.

Despite our austerity measures we have continued to achieve developments in our services and thisyear has seen a very successful return of our annual conference and a Royal Visit. Client numberscontinue to increase at centres and the hours lost by reducing the personal care service have beentaken up by increases in our enabling services. We now have only one remaining client receivingpersonal care from us and she is 98 and the family have asked us to continue as she could not copewith change at this time of her life.

other successes during thehad his first holiday for 7able to arrange a memberhim. We supported anotherbeing subjected to "matelost his home, savings andbeing dragged into criminalmanaged to successfullyanother town. We have hadsuccess overturningreduce or withdraw ESAbenefits with staff helpingattending assessments andappeal at tribunals. And at

we had been shortlisted in the charity of the year

e oun ess o essex spea ing o c ien sand staff about the histo of the XCentre

We have hadyear. One clientyears as we wereof staff to go with

client who wascrime" and hadwas in danger ofbehaviours, andrelocate him toconsiderabledecisions toand PIPwith forms,helping tothe end of the year we were delighted to hear thatcategory at the inaugural Exeter Living Awards.

Our main challenge continues to be financial as our statutory funders are forced to find ever morecuts from their budgets and this makes it increasingly difficult for them to find the resources to pay forour services. Inevitably these cuts have affected our income. We need our staff to do more and morefor no more money and it does increase stress levels. We are fortunate to have dedicated andcommitted staff, volunteers and Trustees who are willing to continue to work under this pressure. In

spite of all this Headway Devon have continued to provide an excellent, high-quality service to manyindividuals and families throughout Devon and have again attained many positive achievementsthroughout the year.

Centre Services

Exeter clients are continuing to enjoy the XCentre and have settled in well. The addition of a fourthmember of staff has enabled us to spread the service successfully over the two floors and to offer placesto more clients without it feeling too crowded or busy.

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HEADWAY DEVON


Our South Devon centre has moved to a larger room at the Acorn Centre to allow us to be able toprovide a better service to our wheelchair users that use the centre. This move has also enabled us tooffer places to more clients.

took part in a veryproject, making abe displayed in theAll clients have takenmaking 3D animals,coming up with

wonderful to see theworking together,each other making aproject. The Tivertonstarted a walkingfor a 20 minute walkclients really enjoyedsome fresh air, andmore awake to

After a long time of uncertainty regarding the use of St Michaels Day Centre for our Honiton Centre wehave had confirmation that we have the guaranteed use of the building until at least April 2017. Whileit will now be at a cost it represents value for money with the facilities that we are able to use andcomparatively to other rental costs of other Centres.Tiverton Centreenjoyablejungle scene toyouth centre.part in eitherpainting andideas. It waswhole groupand helpingsuccess of thisCentre alsogroup, aimingafter lunch. Thegetting out for

felt The ungle wall scene at our Centre in Tiverton

continue the afternoon filled with more activities.

During the summer Exmouth Centre hosted their annual Exmouth Beach Walk. The weather was kindto the group and the majority of clients took part to raise 6176.00 towards the centre. Exmouth clientsalso made use of the XCentre building during the summer to form part of a group outing. The clientsused the XCentre as a base to have lunch and enjoy the garden, then joined a Redcoat tour of the Quayand Historic buildings nearby. This was a very enjoyable trip, and the XCentre provided a comfortablebase for clients travelling in from outside the area.

We have had an increase in numbers of referrals and in some centres are struggling to fit in all the newpeople either due to lack of space or staff to manage the volume and complexity of needs. Our CentreServices Manager has been providing a lot of cover at centres to ensure services continue to bedelivered.

Despite this there have been a lot of positive achievements for individuals at the centres and for thecentres as a whole.

We continue to provide a wide variety of activities at the centres, plus outings and fundraising andawareness raising activities. Although the emphasis over the year has been to raise enough fundstowards the purchase and development of the XCentre, this has not stopped funds being raised forlocal activities and resources

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HEADWAY DEVON


Communi Su ort Services

This year has seen community support services settling back into the provision of specialist enablingand rebuilding this service, instead of the personal care services that we had been providing. We haveretained only one client who has solely personal care services and that is because she is elderly andthe change would be detrimental to her. We remain registered with the Care Quality Commission andare subject to inspections to ensure we are meeting their standards of care.

We continue to receive referrals from social workers, rehabilitation units, GP's and other Health andSocial care professionals as well as from the individuals with acquired brain injuries and their familiesand carers. We have had very few referrals through the existing DCC framework and the newframework will not be including clients who only need enabling services so it is important that wecontinue to develop other sources of referrals.

Now that we have freed up staff capacityfrom providing personal care services wehave been able to accept bigger packagesof care for individuals being discharged fromhospital or rehab units. These packages areoften for 50 hours plus a week and requirethe specialist input that we, as experts in

acquired brain injury, can provide.

We are delivering on average 550 hours aweek of care to clients in their own home Community support clients enjoyed speaking to thethroughout Devon. Our clients are from all Countess of Wessex durin her visit in Octoberover the county from Barnstaple in the Northof Devon, Broadwoodwidger and Tavistock in the West, Salcombe and Kingsbridge in the South andExmouth and Ottery St Mary in the East. Wherever possible we try to recruit staff as close to theselocations as we can but unfortunately due to client choice, and the need to "match" suitable staff to eachclient, we often find we are not using the staff who live closest and travel costs are a big part of ourexpenditure. We do our best to keep these in check but covering such a large rural area this is achallenge.

Our biggest problem remains one of attracting and retaining suitable staff in a highly competitive socialcare market that nationally has a shortage of staff. We are hoping to resolve this by being able toincrease the salaries in the next financial year.

We still get a lot of students apply and we nominated one of our student workers for going above andbeyond by NASES Student Employee of the Year awards. He was successful at a local and regionallevel and was invited to Birmingham for the awards ceremony. It is important to show recognition to thestaff and

Learnin L Develo ment

We continue to develop our Learning and Development programme at the XCentre with regular trainingsessions and new additions to our e-learning offering to ensure that workers out in the community areable to access training and knowledge.

Over the next year we are looking forward to updating our programme and developing new courses toensure that we equip our staff with the best possible skills and knowledge and that Headway Devonremains the local experts in acquired brain injury, providing a specialist service to a vulnerable clientgroup with complex and continuing needs.

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HEADWAY DEVON


We have continued our programme of half-day seminars at the XCentre, including a very successfulsell-out session on Head Injury and Sportwhere we were joined by Professor HuwWilliams of the University of Exeter, Dr AdamReuben and Jamie Fulton from the ExeterChiefs Rugby Club medical and physio team,and legal experts from Outer Temple ChamberSolicitors,March 2016 also saw the return of our annualone day conference, focussing on Brain Injury;Building brighter futures. This was very wellreceived with renowned speakers includingresearcher Matt Jamieson from the Universityof Glasgow, clinical psychologist DrKelly Camilleri, assistive technology Mike Gomm demonstrates the latest assistive

Mike Gomm and Polly Williamson —an technolo at our conference in March

inspirational former equestrian eventer and brain injury survivor who has this year published a bookabout her experiences. The conference was very well attended and has been much missed from ourlearning programme over the past few years. We are now looking forward to reinstating it as an annualevent.

Marketin and MediaHeadway Devon celebrated a stand-out year in terms of media coverage when we received our firstRoyal visit. In October 2015 we were delighted to welcome Her Royal Highness the Countess ofWessex to the XCentre where she toured the facility, spending a great deal of time speaking with ourclients and finding out more about the work of Headway Devon. As well as being attended by a widerange of local public figures and valued stakeholders, this visit secured coverage on BBC Spotlight andin local newspapers.

2015 also saw Headway Devon return tothe Devon County Show for the first timein many years. Our stand was a greatsuccess, offering free hot drinks andseating to encourage people to join us tospeak about brain injury, while also sellingcycle helmets provided by the Bike Shedto raise valuable funds and promote safecycling. We made many new contactsthrough this event and hope to return in

2016.

Headway staff team marked Hats for Headway Day bywearing cycle helmets at the County ShowOur social media presence has continued

to develop over the year and is regularlypraised for the work it does to raiseawareness of brain injury. Our facebook following increased steadily, while our twitter account nowboasts over 5,000 followers. This feed has enabled us to make many new contacts and our onlinefootprint was instrumental to our being shortlisted in the Charity of the Year category for this year' sExeter Living Awards.

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HEADWAY DEVON


~Fd

Following the huge success of our fundraising in previous years to secure the XCentre as the permanenthome for our charity, this year our aim was to make the most of this space as a hub for communityevents and a platform from which to raise awareness in the local area. As part of this aim we have runseveral successful community fundraising events from the XCentre including a series of craft fairs whichshowcased client artwork at the same time as raising essential funds, and our continuing programmeof half-term film screenings.

During the year we weresupported by the localwith local solicitors firmholding a "Hats forfor Brain Injury Week andCosmic selecting us ascharity of the year. We wereselected as a supportedFoundation, resulting in a

delighted to bebusiness communityMichelmores LLPHeadway Day" in Actionethical IT companytheir first ever officialalso once againcharity of the Exeterdonation of 61,590.

Keatings accepting a cheque from ExeterOver the next year we will Foundation Trustees be raising funds todevelop the XCentre, ensuring that thisdistinctive building is fully equipped to meet the needs of our client group. Our plans includeredeveloping the centre's garden area, improving accessibility with the introduction of new electricdoors, and introducing wheelchair level worktops in the learning kitchen.

Financial Results and Future Activities

Over the last year the charity raised F764,387 from services provided (through Centres, Communitysupport and training) and a further 634,258 from fundraising and donations giving a total of 6798,645.

Total expenditure this year amounted to 6740,977. This leaves with a figure of 657,668.

Risk Assessment and Reserves Polic

A major source of income for the charity is the money received from the statutory authorities for theprovision of services at the Headway centres and in the community.

The major risk to the charity is the continuing national squeeze on funding for Social Care. This has ledto Devon County Council and Torbay Care trust reviewing all expenditure, increasing thresholds forpeople needing care, reducing funding and levels of care they will fund. This means that they are fundingless and less people and for less time.

All of our income from Devon and Torbay is now on a spot basis we invoice per client for sessions atcentres and for community support services. This does mean that our income from Devon countycouncil is less secure, more variable and we get paid four weekly in arrears.

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HEADWAY DEVON


The other big change now is that we have a major asset in our building. The X centre. We havecompleted the purchase with the help of a mortgage for f150k to enable us to retain sufficient moneyin reserves for running costs and to meet the covenants of the loan.

To meet these covenant we need to ensure a minimum of f50k in our account and have 1.5 times theloan repayment surplus over expenditure.

Therefore the policy is that Headway Devon will strive to maintain a reserve of a minimum of f100k.This should continue to be monitored regularly and if the reserves fall below this sum then the boardwill be informed at their next meeting If they fall below f50k then a special meeting will be called todiscuss actions. At the end of this financial period we have managed to maintain unrestricted reservesof Platinum account f50, 107 and Caf Cash account f126,772.

Headway Devon would like to thank the following for their support:

Devon County CouncilTorbay Care TrustTozers Solicitors

Clarke Willmott LLPWeb Engineer

CosmicExeter Foundation

Statement of Trustees ResponsibilitiesThe Trustees (who are also the directors of Headway Devon for the purpose of company law) areresponsible for preparing the Report of the Trustees and the financial statements in accordance with

applicable law and United Kingdom Generally Accepted Accounting Standards (United KingdomGenerally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give atrue and fair view of the state of affairs of the charitable company and of the incoming resources andapplication of resources, including the income and expenditure, of the charitable company for thatperiod. In preparing those financial statements, the trustees are required to:

~ select suitable accounting policies and then apply them consistently;~ observe the methods and principles in the Charity SORP;~ make judgements and estimates that are reasonable and prudent;~ prepare the financial statements on the going concern basis unless it is inappropriate to presume

that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonableaccuracy at any time the financial position of the charitable company and to enable them to ensure thatthe financial statements comply with the Companies Act 2006. They are also responsible forsafeguarding the assets of the charitable company and hence for taking reasonable steps for theprevention and detection of fraud and other irregularities.

Statement as to Disclosure of Information to AuditorsSo far as the trustees are aware, there is no relevant audit information of which the company's auditorsare unaware; and each trustee has taken all the steps that they ought to have taken as a trustee in

order to make them aware of any relevant audit information and to establish that the auditors are awareof that information.

AuditorsThe auditors, Bush & Co Limited, will be proposed for re-appointment at the forthcoming Annual GeneralMeeting.

Status of ReportThis report has been prepared in accordance with the special provisions of Section 419(2) of theCompanies Act 2006 relating to small c ' s.

Approved by order of the board .. ... . .. .. . ... . .. ... .. . .. (Trustee)C. C". inc ~

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OFHEADWAY DEVON

We have audited the financial statements of Headway Devon or the year ended 31 March 2016 on pages 10 to 20.The financial reporting framework that has been applied in their preparation is applicable law and the FinancialReporting Standard for Smaller Entities (effective January 2015) (United Kingdom Generally Accepted AccountingPractice applicable to Smaller Entities).

This report is made solely to the charitable company's trustees, as a body, in accordance with Section 145 of theCharities Act 2011 and regulations made under Section 154 of that Act. Our audit work has been undertaken so thatwe might state to the charitable company's trustees those matters we are required to state to them in an auditors'report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility toanyone other than the charitable company and the charitable company's trustees as a body, for our audit work, forthis report, or for the opinions we have formed.

Respective responsibiTities of trustees and auditorsAs explained more fully in the Statement of Trustees Responsibilities set out on page two, the trustees (who arealso the directors of the charitable company for the purposes of company law) are responsible for the preparation ofthe financial statements and for being satisfied that they give a true and fair view.

The trustees have elected for the financial statements to be audited in accordance with the Charities Act 2011 ratherthan the Companies Act 2006. Accordingly we have been appointed as auditors under Section 145 of the CharitiesAct 2011 and report in accordance with regulations made under Section 154 of that Act.

Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable lawand International Standards on Auditing (UK and Ireland). Those standards require us to comply with the AuditingPractices Board's Ethical Standards for Auditors.

Scope of the audit of the financial statementsAn audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to givereasonable assurance that the financial statements are free from material misstatement, whether caused by fraudor error. This includes an assessment of: whether the accounting policies are appropriate to the charitable company'scircumstances and have been consistently applied and adequately disclosed; the reasonableness of significantaccounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, weread all the financial and non-financial information in the Report of the Trustees to identify material inconsistencieswith the audited financial statements and to identify any information that is apparently materially incorrect based on,or materially inconsistent with, the knowledge acquired by us in the course of performing the audit. If we becomeaware of any apparent material misstatements or inconsistencies we consider the implications for our report.

Opinion on financial statementsIn our opinion the financial statements

give a true and fair view of the state of the charitable company's affairs as at 31 March 2016 and of its incomingresources and application of resources, including its income and expenditure, for the year then ended; andhave been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practiceapplicable to Smaller Entities;

Matters on which we are required to report by exceptionWe have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report toyou if, in our opinion:

the information given in the Report of the Trustees is inconsistent in any material respect with the financialstatements; orthe charitable company has not kept adequate accounting records; orthe financial statements are not in agreement with the accounting records and returns; orwe have not received all the information and explanations we require for our audit.

Bush & Co LimitedStatutory AuditorsEligible to act as an auditor in terms of Section 1212 of the Companies Act 20062 Barnfield CrescentExeter EX1 1QT

Date: ...

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HEADWAY DEVON

STATEMENT OF FINANCIAL ACTIVITIES(INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2016

INCOME

Donations and legacies

Other trading activities

Investment income

Charitable activities

Notes

UnrestdictedFunds

24,641

2,791107

765,432

RestrictedFunds

5,674

TotalFunds

2016f

30,3152,791

107765,432

UnrestrictedFunds

1,018591

749,925

RestrictedFunds

162,585

TotalFunds

2015f

162,252

1,018591

749,925

Total incoming resources 792,971 5,674 798,645 751,534 162,585 914,119

EXPENDITURE

Raising funds

Chaditable activities

Governance costs

1,848

733,5334,797

1,848 182 182

799 734,332 776,251 8,837 785,088

4,797 7,208 7,208

Total resources expended

NET INCOME/(EXPENDITURE)

TRANSFERS BETWEEN FUNDS

740, 178

52,793 4,875 57,668 (32,107) 153,748 121,641

300,005 (300,005)

799 740,977 783,641 8,837 792,478

NET MOVEMENT IN FUNDS 52,793 4,875 57,668 267,898 (146,257) 121,641

RECONCILIATION OF FUNDS

Total funds brought forward 553,790 7,739 561,529 285,892 153,996 439,888

Total funds carried forward 606,583 12,614 619,197 553,790 7,739 561,529

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HEADWAY DEVON

BALANCE SHEETAT 31 MARCH 2016

FIXED ASSETSTangible assets

CURRENT ASSETSDebtorsCash at bank and in hand

Notes

12

2016F

139,245189,472

328,717

482, 022

2015

160,698101,432

262, 130

496,211

CREDITORSAmounts falling due within one year 13 (47,119) (49,758)

NET CURRENT ASSETS

TOTAL ASSETS LESS CURRENTLIABILITIES

CREDITORS: Amounts falling due aftermore than one year 14

281,598

763,620

(144,423)

212,372

708,583

(147,054)

NET ASSETS

THE FUNDS OF THE CHARITY:

Restricted funds

Unrestricted fundsUnrestricted income funds

619,197

12,614

606,583

561,529

7,739

553,790

TOTAL CHARITY FUNDS 18 619,197 561,529

For the financial year ended 31 March 2016, the charity was entitled to exemption from audit under section477 of the Companies Act 2006 relating to small companies.

The members have not required the charity to obtain an audit of its accounts for the year in question in

accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect toaccounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to thesmall companies regime and with the Financial Reporting Standard for Smaller Entities (effective January2015).

) lsr R rApproved Q the Board on ~.1. . ..!.v~PL6~+ 3'?!k. and signed on its behalf by:

P Kelly - Trustee

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HEADWAY DEVON

NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MARCH 2016

ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention, and in accordancewith the Statement of Recommended Practice (SORP (FRSSE)) and the Financial Reporting Standardfor Smaller Entities (effective January 2015) and the Companies Act 2006.

Fund accounting policy

Unrestricted income funds are general funds that are available for use at the trustees' discretion in

furtherance of the objectives of the charity.

Restricted funds are those donated for use in a particular area or for specific purposes, the use of whichis restricted to that area or purpose.

Designated funds are unrestricted funds set aside at the discretion of the trustees for specific purposes.

Further details of each fund are disclosed in note 18.

Incoming resources

Donations are recognised where there is entitlement, certainty of receipt and the amount can bemeasured with sufficient reliability.

Income derived from events is recognised as earned (that is, as the related goods or services areprovided).

Investment income is recognised on a receivable basis.

Income from charitable activities includes income recognised as earned (as the related goods orservices are provided) under contract.

Resources expended

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity tothe expenditure. All expenditure is accounted for on an accruals basis and has been classified underheadings that aggregate all costs related to the category.

Costs of generating funds are the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities andservices for its beneficiaries. It includes both costs that can be allocated directly to such activities andthose costs of an indirect nature necessary to support them.

Governance costs

Governance costs include costs of the preparation and examination of the statutory accounts, the costsof trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

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HEADWAY DEVON


Supportcosts

Support costs include central functions and have been allocated to activity cost categories on a basisconsistent with the use of resources, for example, allocating property costs by floor areas, or per capita,staff costs by the time spent and other costs by their usage

Fixed assets

Individual fixed assets costing F200 or more are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less anyestimated residual value, over their expected useful economic life as follows:

Freehold propertyPlant and machineryFurniture and equipmentComputer equipment

2% straight line basis5% straight line basis

20% straight line basis33% straight line basis

Operating leases

Rentals payable under operating leases are charged in the statement of financial activities on a straightline basis over the lease term.

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged in thestatement of financial activities as they become payable in accordance with the rules of the scheme.

DONATIONS AND LEGACIES

Appeals and donations

UnrestrictedFunds

624,636

RestrictedFunds

f5,679

Total TotalFunds Funds

2016 2015F 6

30,315 162,585

3. ACTIVITIES FOR GENERATING FUNDS

UnrestrictedFunds

6

RestrictedFunds

F

TotalFunds

2016F

TotalFunds

2015F

Fundraising ActivitiesAppeals and donationsFundraising events

6292 162

6292 162

388630

2,791 2,791 1,018

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HEADWAY DEVON


INVESTMENT INCOME

UnrestrictedFunds

fInterest on cash deposits 107

RestrictedFunds

f

TotalFunds

2016f

107

TotalFunds

2015f

591

5. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

UnrestrictedFunds

fRestricted

Fundsf

TotalFunds

2016f

TotalFunds

2015f

Centre ServicesAppeals and donationsCentre services providedOther services

900224, 173

1,271

900224, 173

1,271

4,779182,665

1,500

Outreach ServicesAppeals and donationsCommunity services

226, 344

145492,072

226,344

145492,072

188,964

7,068505,185

492,217 492,217 512,253

Other ServicesOther services

Room HireAppeals and donationsRental income

24,907

44521,519

24, 907

44521,519

21,717

5,64621,345

21,964 21,964 26,991

765,432 765,432 749,925

Page 14

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HEADWAY DEVON


Support costEmployment costsEstablishment costsOffice expensesPrinting, postage and stationerySubscriptions and donationsEquipment hireSundry and other costsTravel and subsistenceAdvertising and promotionAuditors' remunerationLegal and professional costsBad debt expenseBank chargesDepreciation

TRUSTEES' REMUNERATION AND EXPENSES

Basis of allocationStaff timeUsageDirectDirectDirectDirectDirectDirectDirectDirectDirectDirectDirectDirect

No trustees received any remuneration or reimbursement of expenses during the year.

8. NET INCOME

Net income is stated after charging/(crediting):

Auditors' remuneration —auditservices(Profit)/loss on disposal of tangiblefixed assetsDepreciation of tangible fixed assets

2016F

3,900

19,393

2015f

3,900

(20)19,849

EMPLOYEES' REMUNERATION

The average number of persons employed by the charity (including trustees) during the year, analysedby category, was as follows:

Support servicesManagement and administration

2016No.4112

53

2015No.5010

60

The aggregate payroll costs of these persons were as follows:

Wages and salariesSocial securityOther pension costs

No employees received emoluments in excess of f60,000

2016f

540,77527,52217 119

585,416

2015f

603,23030,2249 759

643,213

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HEADWAY DEVON


10. TAXATION

The company is a registered charity and is, therefore, exempt from taxation.

11. TANGIBLE FIXED ASSETS

CostAs at 1 April 2015AdditionsDisposalsAs at 31 March 2016

DepreciationAs at 1 April 2015Eliminated on disposalsCharge for the yearAs at 31 March 2016

Net book valueAs at 31 March 2016

FreeholdProperty

f

431,510

431 510

17,260

8 63025 890

620

Plant andmachinery

f

75,0002,775

77 775

7,500

3 77311 273

66 502

Furniture,equipment

and computerequipment

f

48,3132,429

50 742

33,852

6 98940 842

9 900

Totalf

554,8235,204

560 027

58,612

19 39378 005

482 22

As at 31 March 2015

12. DEBTORS

Trade debtorsOther debtorsPrepayments and accrued income

~414 2

2016f

133,1771,5694 499

139 245

96 211

2015f

122,0374,962

33 699160 698

13. CREDITORS: Amounts falling due within one year

Bank loansTrade creditorsTaxation and social securityOther creditorsAccruals and deferred income

2016f

2,63110,945

8,572196

24 775

2015f

2,94614,3866,8851,133

24 408~9758

Creditors: Amounts falling due within one year includes the following liabilities, on which security hasbeen given by the charity:

Bank loans

2016f

2015f

2 946

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HEADWAY DEVON


14. CREDITORS: Amounts falling due after more than one year2016 2015

f fBank loans 144 423 147 054

Creditors: amounts falling due after more than one year includes the following liabilities, on whichsecurity has been given by the charity:

Bank loans

2016f

~144 42

2015f.

~147 4

Included in the creditors are the following amounts due after more than 5 years:

After more than five years by instalments

15. MEMBERS' LIABILITY

2016f

132 819

2015f

135 450

The charity is a private company limited by guarantee and consequently does not have share capital.Each of the members is liable to contdbute an amount not exceeding f10 towards the assets of the charityin the event of liquidation.

16. PENSION SCHEME

Defined contribution pension schemeThe charity operates a defined contribution pension scheme. The pension cost charge for the periodrepresents contributions payable by the charity to the scheme and amounted to f17,119 (2015 - f9,759).

Contributions totalling f6 (2015 - f1,133) were payable to the scheme at the end of the period and areincluded in creditors.

17. RELATED PARTIES

Controlling entityThe charity is controlled by the trustees who are all directors of the company.

Related party transactionsMr P Kelly, a Trustee of the charity, is also a partner with Tozers Solicitors LLP. During the year TozersSolicitors LLP invoiced Headway Devon f4, 800 (2015: f6,765) in connection with legal work relating tothe purchase of the freehold property.

Headway Devon is a member of Dartmoor Care Consortium Limited and both organisations havecoterminous year ends. The principal activity of the Consortium is the provision of social activities for theelderly and disabled and any surplus generated during the year is shared equally with the Consortiummembers (one eighth share). The income generated by the Dartmoor Care Consortium totalled f126,863(2015: f178,498) and at the year end f29,648 (2015: f39,492) is owed by the Consortium and includedwithin trade debtors along with f540 (f2015: f1,837) owed to the Consortium and included with tradecreditors.

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HEADWAY DEVON


18. ANALYSIS OF FUNDS

Designated FundsBuilding fund

At 1 April2015

K

380 446

Incomingresources

6

Resourcesexpended

E

9 777

TransfersF

At 31March 2016

E

370 669

General FundsUnrestricted incomefund 173 344 792 971 730 401 235 914

Restricted FundsClient HolidayExmouth CentreWeb Design &ConferenceExeter CentreExeter FoundationExeter Music and CookingGardenHoniton CentreTiverton CentreOther restrictedEast Devon ProjectEssex Trust

3,457200

2,885

17

300

380

5007,739

812

5466

3,000350246

800

5,679

231

17

188

380

816

3,457781

2,890466

3,000462246

800500

12,602

561 529 798 645 740 977 619 197

General FundsThe unrestricted funds are general funds that are available for the use at the charity's discretion in thefurtherance of the objectives of the charity.

Designated FundsThe designated fund relates to the funding received and utilised to purchase the freehold property andrelated plant and machinery. Depreciation charged on the freehold property and related plant andmachinery is allocated to this fund, which will reduce the fund balance over the assets useful economiclife.

Client HolidayThis fund represents donations received for the restricted use of providing client holidays.

Exmouth CentreThis fund represents donations received from Exmouth Town Council for Torquay's Living Coasts trip fromExmouth.

Web Design & ConferenceThis fund represents donations received from Irwin Mitchell to fund a conference, website, smartboard,sound system and picnic tables. The applicable assets are included within fixed assets and the fundvalue will reduce each year with the allocation of depreciation over the assets useful economic life.

Exeter CentreThis fund represents donations from the Chagford coffee morning towards the costs of the Exeter Centre.

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HEADWAY DEVON


Exeter FoundationThis fund represents donations from the Exeter Foundation for the purchase of computer equipment forthe Exeter Centre. The related assets are included within fixed assets and the fund value will reduceeach year with the allocation of depreciation over the assets useful economic life.

Exeter Music and Cooking GardenThis fund represents funds received from the Elms Grant Trust (f500), Green Hall (f2,000) and the LocalWorld Garden Project (f500) towards the regeneration of the garden and the X Centre.

Honiton CentreThis fund represents donations received from Honiton Town Council towards the costs of trips for Honitonresidents.

Tiverton CentreThis fund represents donations received from Tiverton Town Council towards the costs of outings from theTiverton Centre.

East Devon ProjectThis fund represents donations received from various sources to help support people living in East Devon.

Essex TrustThis fund represents a contribution towards general charitable objectives, therefore the fund will betransferred to unrestricted reserves during the following financial year.

19. NET ASSETS BY FUND

Tangible assetsCurrent assetsCreditors: Amounts falling duewithin one yearCreditors: Amounts falling dueafter more than one year

Net assets

UnrestrictedFunds

F482,022316,103

(47, 119)

(144 423)

606,583

RestrictedFunds

12,614

12,614

Total Funds2016

f482,022328,717

(47, 119)

~144 423)

619,197

Total Funds2015

f496,211262, 130

(49,758)

(147 054)

561,529

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headway devon

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