'4)
(=hHeadway
Birmingham & Solihull
DIRECTORS
REPORT
2023-24
Reg. Ciiarrty No. 1008798
Company No. 2fJ86647

Charity registration number 1008798
Company registration number 02686647 {England and Wales)
HEADWAY BIRMINGHAM & SOLIHULL
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

HEADWAY BIRMINGHAM & SOLIHULL
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mrs J E Campbell
Mr J CassKIy
Mr D Chaler
Mr P Dutham
Mr R Lan911)n
Mr C Jones
Miss S J Murrell
Mr WO Hughes
(Appointed 21 March 20241
(Appointed 6 September 20231
(Appointed 25 April 20231
Secr8tary
Mr R Langton
Charity number
1008798
Company number
02686647
Reglstered offlce
Leighlon House
20 Chapel Rise
Rednal
Birmingham
West Midlands
845 9SN
Auditor
BK Plus Audil Limited
2 Highlands Court
CranmoreAvenue
Solihull
West Midlands
B904LE
Patron
Professor Toni Belli
Chlef Executlve
Sue Tyler

HEADWAY BIRMINGHAM & SOLIHULL
CONTENTS
Page
Twstees, report
Stalemenl of Iiuslees. ￿SpOnsibl1111es
10
Independent auditors report
Consolidated Statement of financial aclivi118S
14
Consolidated Balance Sheel
15
Consolidated Statement of cash flows
16
Noles to the finanrjal statements
17-37

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directois of the charity for Ihe purposes of the Companie5 Act 2006,truslees present their
annual report and financial statements lof the year ended 31 Marth 2024.
The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the
financial statements and comply with the Charitable group's governing document, the Companies Act 2006 and
"Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Repotling StawKiard applicab18 in the UK and Republic of Ireland (FRS
1021" leffecliv8 1 January 2019).
Objectlves and actlvltles
Our Mission is "to promote grealer understanding of all aspects of brain injury and provide support, information and
services for peop5e who have suslained brain injury, their 18milies and carers"
Our Objectlves are to..
Promote awareness ol brain injury & 115 consequences and aclively seek lo reduce potential incident5.
Make services known lo newly brain injured peoplelfamilies al the earliest Stage and throughout the whole journey
Provide information. advice aThJ support S8rvice5 for people with brain injuries, their familie5, Ggrers and conc8rn8d
professional peop
Provide specialisèd rehabililalive activities lo assist people wilh brain injury to regain independence, continued
iecovery and re-inlegralion into the ccmmunily
Develop links with appropriate agencies & establish working partnerships
Maintain good governance, managemenl and staff ralios
Code of Ethics
Headway Birmingham & Solihull have a sel of six core values that will now through our culture and behaviour and to
which all employees, volunteers and Tfuslees are committed to. Every day, we do our best lo put our values into
action through our work and our relationships with our users, business partnefs, communities and one another.

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The slx core valuès are:
Putting 'People First,
We support & care for our clients as we would like lo be Ireated ourselves_ Users will be Irealed with dignity and
iespecl and we will always act in their besl interest. We value all individuals and celebrate diversity,
Being 'Safe'
Every client, person who works for or comes into contact with, Headway Birmingham & Solihull should be treated
with dignity and respect and feel Ihat they are in a safe and supportive environment.
Belng open, honest & accountable
We are open and honest with others and ourselves. We ensure that our inleractions with people are above reproach
and we maintain the conlidenliality of those we work with. We accept conslruclive crilic15m. We a￿pt
rgsponsibilily & hold ourselves accountable for our work, actions and our results.
striving for Excellence
We strive to deliver a service we are proud of through conlinuous improvgmenls and are dedicated lo providing the
highest quality across all seNices. All staff should be passionate aboul Ihg cause and be willing to give a bil more
than .9 to 4. when the work requires Ihis. We want Staff lo be proud of Iheir work and uphold our good name.
Belng professlonal & ethlcal
The charity and all who work lof us shall always uphold the highesl levels of inslilulional inlegrily and personal
conduct. People work cohesively across all departments for the good of the Who￿ ol Headway BS and recognSse
and respect the value and strengths of each other.
Dolng 'more wlth less,
We use resources lo the full, waste nothing and do only what we can do best as speaalists. We strive lo maintain
our principles by the ability to organize all our assets - physical. linancial aThl human - for maximum productivity. In
this way, our 5ervic&s will be delivered wilh the highest quality and efficiency al the kasl possible cost Providing
excellenl'value for moiiey,.
Publlc benefit
The Iruslees confirm Ihal they have referre(J lo Ihe guidance contained in the Chaiily Commission's general
guidance on public benelit when reviewing the charity's aims. objectives and operations. They believe the provision
of the range and services listed in this ieport enables Headway Bimiingham & Solihull lo meet ils obligation lo
provide public benelil.
Volunteers
Headway Birmingham & Solihull greatly benelil from the support of volunteers where appropriate 8nd is extremely
grateful for the contribution they make lo Ihe work ol the charily. ￿1151 volunteer numbers have dropped over the
years, we have managed lo recruil enough to meet most ol our vacancies and continue lo attract sludenl
placements. We also have a core of'long term, volunteers who help form Ihe core ol our teams.

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievemènts and perlormance
Significanl aclivities and achigvemenls againsl objectives
How do we measure success?
As part of the wider 5-Year Strategy lor the charity. we are committed to achieving results lo meet our overall
company objectives. We have many systems for monitoring results lo ensure we keep evidence of our results in a
clear and accessible formal. Every department works towards sel performance targets each year which are based
on the aims, objectives and their perforfflance indicators for each service. These target indicators are set in line
with the Strategy and play a major part in Ihe overall development of the charity and framework for fuluie planning.
Each Service Manager also identifies each ol the targets Ihal are relevant to specific staff and these are monitored
on their quarterly slaff review. so thal everyone is involved.
The results give us a Irue indication of what we are achieving. or not. as well as identifying ways to improve. These
measures also provide crucial outcomes which tell us il we are making a difference lo people who have received
our services Each year following completion of the results the relevant managers update and add to Ihe measures
to ensure they remain appropriale and meel the changing needs of our users SeN1￿$.
Overall Review
Though still recovering from the COVID closures and Ihen dealing wilh the impact ol the Cost of Living Crisis, we
did feel that we were starting lo see positive changes during 2023-24.
Recruilmenl started lo improve and we managed lo fill all our vacancies acr05S the year. We also received a sm311
uplirt from the councils, which al least helped us lo maintain the Living Wage. We also introduced more benefits for
staff as w811 as Mgnopause and Working Carer Champions.
We did, however, continue lo face difficullies with gelling new client referrals alto¢ated lo Birmingham City Counc51
IBCCI Social Workers, with some laking as long as 6 months. We received more referrals than ever before but
found il impDssibk lo reach our requisile number of pla￿Ments, due to lack ol new slarlers. Whilst we welcome a
good 'lurn8round' and strive lo be able lo move people on. this is not conducive lo our economic situation if we
Cannot then replace them. The situation was furlher aggravated later in the year wilh Ihe effective 'bankruplcy' of
our main funder Birmingham Council wilh the obvious concern for us as to future fundin9. We managed to rneel wilh
stakeholders and local councilors lo discuss oui concern and received some positive feedback. However, we feel
that the lack of social workers continues to be Ihe main problem and unlikely to change anytime Soon. In the
moanlime, we continue lo spend many hours chasing alloCat￿nS. just to maintain the numbers.
We have played a big part in BCC Day Service Reform and have been pad of the Co.produclion team. We feel that
the BCC new plans for 2024-25 will be ol benefit for HBS and we will continue lo work with Ili&m to be included in
the new commissioning framework.
We were really pleased lo be abla to equip our Therapy suite and start to recruit Ihe team lo start our Wvellbeing &
Therapy services. There was a slow slart due to r8cruilmenl issues, bul we still managed lo meet most Lottery
laryels and were able lo move into Year 2. We weie also extremely grateful lo the Lollery, who awarded us a
lurther granl lo help with the cosl ol living rises so avoiding the need lo scale down the project. We look forward to
moving this onwards and upwards.
We feel exiremely grateful and proud Ihal we have survived the diff￿Ul11es of the past few years an(J that despite
having lo tweak and restructure, we have slill managed lo tnainlain all of the post-COVl D Servi￿5. In lacl we have
managed lo introduce new Servi￿5, which mean we are heading towards a model that support our users on the
brain injury journey, across all of the pathways we have aimed for. We now just want to continue lo seek greater
luture economic stability for the Charily.

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Services for people with Acquired Brain Injury IABI)
We continued lo struggle with obtaining funding for new clients to slart bul still managed to move many more people
on during the year. Unfortunately, funding ceased for Shencare and this left many clients al Leighton House n8eding
lo Sour￿ alternative transport. Luckily this dKI not impacl our placement figures.
The highlight of the year was the opening of the Wellbeing Therapy Suite al Sutton House. This officially opened in
November 2023 with a coordinator. physiotherapist, speech therapist and therapy assistanls in pla￿. This new
service had started to develop nicely by the year end.
Our first VAP Ivocalional Assigtance Programmel started in May 2023 and has proved successful, wilh the clients
all achieving Ih8ir goals and reporting how much they benefitled and enjoyed the course.
The Daily Living Skills al Sullon House also started this year due to the generous grant awarded for equipmenl and
adaptations. The clients have made good progress in this a￿a and are working towards personal, Iransferrable
goals.
Family & Carer S8rvices
The work of Ihe team continued lo pick up Since the evenls ol recent years. One of the biggest challenges the team
laced were the many oulcomes and specific detnands now required by fundeislslakeholders. With the Fotward
Carers Hub, we now have lo focus more on Carer Assessments in order lo meet payment largels. This has
become quite intense and meant a different way of wothing. resulting in less face-lo-laix support lime with families.
We were fortunate lo be awarded a further grant for Birmingham Carers to sel up a couples counselling servic&.
We were delighted to start up a new partnership wilh Birmingham Disability Resource Centre lo support 'maxitnising
income. and look forward to wor1(ing with them.
Despite the si9nilicant charwJes, as well as being new lo many aspecis of the rol&. the new team manager has
settled in well and is 'sleering the ship, forwards admirably.
Lifestyle Services
'Ih Lileslylos las wilh Atjl Services) we noti￿d Ihal since COVID we had Still struggled to gel the sold hours up lo
previous largels. We Ihefelore had lo do some more re-structuring in order to bring our staff costs down in line with
selling less hours. We did this Ihrough Supervisors covering some clients. We also lost the luxury of the 'floating
support workers, and made a change so that the houdy rale paid no longer covor5 the userfs worker holidays or
bank holidays, so no worker now on these days. The unfunded post ol Brain Injury Keyworker also had lo finish.
Al the year end, we Ihen also had lo reduce the 18rget sold hours lo 600 and have staffing to meet this 2mounl.
With all these adjuslmenls, this means th81 we will start the new year wilh a 'break even, budget for the first lime
ever in Lifestyle servic8s.
By the year end, we had been sucixssful in recwrting more pe￿ie and seem lo be building a more permanent
team.

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Fundr¥isingi Publicity and Partnerships
Despite fundraising continuing lo be even rnore difficult. we still exceeded our fundraisin9 targels lor the year,
r8ising over £78k. There was a noticeable shift in the amount of reporting now required for even the smaller grants
and thi5 in turn tak85 up considerably more time.
We decided to draw a close on our Fun Runs, as since COVID. we had found it harder lo attract sufficient numbers
ol runners. and lime spent organising the evenls seemed lo oulweigh Ihe gain. Instead, we re-1nlr0du￿d Sky Diving
which proved vary Suc￿Ss￿l.
We also became part of the annual Wheel'n'walk event in Cannon Hill Park. a fully inclusive event involving several
local disability charities.
Our soci81 media presence continued to grow Ihroughoul the year, with positive engagement through both
Facebook and X (fo¥merly ￿lIter).
Our new Minibus finally arrived in October 2023 thanks lo funds raised
The return lo the Sky Dive raised £6.000
Our Grant Raffle raise £2,500
Successful wilh granl 3pplicalions lo Sport Birmingham (£11,414) and National GrkJ1£3,7801 enabling us
lo offer new sports al all three of our Hubs
21 people joined us on ￿eel,￿.Wa1k 2023 helping raise over £1.500
The total amount raised through Trusts beiThJ over £30k
Over £5k raised by individuals who fundraised on our behalf
Over £13k raised through fundraising events
Charlty Shops
Our charity shops continue to be a much-valued source of income that is unrestricted and can therefore support our
cor8 running costs.
Customers regularly compliment bolh Dave & Kev, our drivers, when collecting and delivering items. Thi5 service
has proved a big hil, both lor delivering furniture items, bul also colleding larger donations.
Following our struggle since COVID lo recruit volunleefs, we actually saw a significant improvemenl in 2023 and by
the year end had mel oui required volunteer helper lafgels.
We are proud that our shops a￿ well-kepl and always have good window displays. whilst at Ihe same lime, we
make il our policy lo keep prices low. This seems lo be a fomiula that works and we very much hope lo lind our
lourth charity shop in 2024.
All the shops together achieved a Profil of over £23K donated lo Ihe charily
We had many great windows displays to represent differenl seasons and events
Rubery profil increased for ihe lirst lime Sin￿ opening
We saw an increase in the number of brain injured cli8nts wotking as shop volunteers
Quality
Lileslylg Servicos continued lo meet the siandards required of the Care Qualily Commission and currently hold a
GOOD rating. We continue to assess against ouw internal standards but have no foTmal external audit yel for any
service other than Lifestyles. Due lo CQC making changes lo their syslems thi5 year. we are still wailing for an
updated rating.
We reviewed all our Quality lools during 2023-24 and inlroduce new systems to include Carer Friendly Qu81ity
Standards and Charity FramewoTk_

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Operation51Bulldings
There has been a significant amount of additional time spent in the Finance Departrnenl this year due to an
increased high debtors list and making many changes lo adjust to cost of living issues. Following 2 great deal of
liard work. the team managed to reduce the debtors by more than half by year end. The external auditors
complimented the Finance leam on improving their Systems and level ol debtorslcredilors.
Further building work was also c(Jnpleled al Sutton House in 2023, which induded opening up the Physio room in
the Therapy Suite upstairs and fitting out Ihe new kitd)en area lo start up the Daily Living Skill sessions.
Vve have many roomslspaces nol ulilised outside ol Servi￿ tim&s and so, as part of our income generation plan, we
aim lo try and generate new income by hiring out these spaces in 2024.
As a result of securing new phone and photocopier contracts, we will save over £7k over 3 years
We have completed the required Cyber E55enlial Ce￿.ficateS
72°/o of staff 8nrolled in Company Pensions
All campulers were updated as part ol the 5 yearly rotations
COVID numbers redu￿d. but we still had 36 cases
We managed lo sell the MPV and (eplaced this with a new minibus
Per80nnel Matters
Due lo malernily leave and staff cover. the department struggled lo cope wilh meeting the needs ol the Charity. This
placed further pressure on the other mana9eTS wilhin the organisation. This issue will be furth8r addressed when a
Personnel Manager is appointed lo the department in April 2024
Over the period, we started to see new volunteers coming Ihrough and gained many more slud8nls.
Recruilmenl was still slow bul had started lo pick up somewhat by the year end and we did manage to fill all
vecancies.
Future Plans
We look foNard lo going into the new year with no real deficit and hope that we can work with Birmingham Council
towards establishing greater financial stability over the next few years. We aim lo be able lo maintain all new
sevvices once the lottery grants end and provKJe our'vision, of services for all areas along the brain injury journey.

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnanclal revlew
The results lor the year are shown on page 14.
Our clients are funded by a combinalion of Local Authorities. personal independence payments (PIP'S) and self-
funding. During 2022 the local council agreed an uplift of 5.45Yts for Birmingham clients, enabling us to increase our
daily lees charged lor existing clients and new ones. We still have a number of clienls paying much less than the
basic rale and we continue lo work Ihrotjgh trying lo gel this resolved
We are extremely grateful for the various grants and donations Irom Companies together with olhei income, that
help subsidise our rates and the vafious ServI￿S ol supporting individuals and families of people wilh ABI. The
Charity continues to have an ongoing professional structure able to support the delivery of our services and help
towards securing Ihe future, thanks to the support of volunteers and staff. and sound financial management.
Flnanclal and rlsk management objectives and policies
The Execulive Board having looked at the main risks lo the organisalion. for example, not ￿CeiVIng any grant
funding, or a possible fall in number of clients due lo the financial restraints of Aulhorilies, has eslab5ished a policy
whereby we should maintain unreslTicled funds to cover belween 3 and 6 months of expenditure.
The Governance Code requires the Tiustees and CEO to assess and report on the PFospecls of the Charity and
whether the business is a going concern. In considering this requirement, the Directors have taken into account the
Charity's forecast cash flows, liquidity and expecled operational aclivilies.
The Management Committee have reviewed, Tlsk-assessed and advised the Board of the Ch8rily's going concern
having considered continued impact on services since Cowd-19 and the latesl Cost of Living Crisis. Having due
regard to these matters the Directors have a reasonable expeclalion th8 Charity has adequale resources to remain
going conc8rn.
Rèserves policy
The budget lor 2024125 anlicipales expenditure of £2.1 million during the ye8r, indicating that unfestrioted reserves
should be in the range of £650k lo £75Ok. Unrestricted funds at 31 March 2024 were £691,833.
Events since the year end
Information relating lo evenls slnce the end ol the year is given in noles lo Ihe financial slatemenls.
Structure, governance and management
Governing document
The Charitable group is controlled by ils governing document, a deed ot trust. and constitutes a limited company,
limited by guarantee, as defined by the Companies Acl 2006.
The Iruslees, who are also the directors for the purpose of company law. and who served during the year and up lo
the dale of signature of the financial statements were..
Mr5 J E Campbell
Mr J Cassidy
Mr D Chater
Mr P Durham
Mrs R Kinning
Mr R Lan9lon
Mr C Jones
Miss S J Murrell
Mrwo Hughes
(Resigned 29 April 20241
{Appointed 21 March 2024)
(Appointed 6 September 2023)
{Appointed 25 Aptil 2023)

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Recruitment and appointment of new trustees
When selecting individuals for appointment as trustees. emphasis in placed on the prospective trustees, skills,
knowledge and experience needed for effedive administratijn of the charity.
None of the trustees has any beneficial interest in the company. All ol the trustees are members of the company and
guarante8 to contribute £1 in the event of a winding up.
Trustfr¢ dlrectors
In accordance with our Articleg ol Association direclors are elected by company members at the Annual Geneial
Meeting. In addition, the Executive Board has powers to fill any vacanc￿$ by co-oplion durin9 the year. Due lo Ihe
Coronavirus Pandemic and Ihe various reslriclions. il was not possible to hold noimal Board Meetings Ihroughout
the year. The disciplines of monthly progress reports and Key Performance Indic8tors were maintained and
circulated lo all the Directors. Regular contact behveen the Chair of Trustees and the Chief Exocutive ensured strict
monitoring of overall performance. In addition Board Meetings were held by video conference lo discuss and
approve k8y decisions. Following agreement of the Slralegic Plan proposed Budget for the following year is
formally approved by th8 Executive Board. Quarlerly reconciliations of Income and Expenditure are produced
during the year lo monilor progress against this agreed Budget. This was of key imporlance during this year as Ihe
full implications of the Pandemic unfolded.
Qualifying third parly indemnlty provl$lon$
The Charity has Indemnity Insuran￿ in place in respect ol the Officers ol Ihe Charily at a cost of £227 per annum.
Organlsatlonal structure
A carers, group for the relatives of head-injured persons in the Wesl Midlands was formally established in 1983 and
first registered as a chaflty in 1987. As activities expanded a more formal organisalional structure was required and
hence Headway (West Midlands) Lld was consliluled in 1992. On 21st March 2016, the Charity passed a special
resolution changing ils name lo Headway Bifmingh2m & Solihull from Headway (Wesl Midlands) Ltd. 11 is a private
company, limited by guarantee, regislered at Cardiff, No. 2686647 and a registered charity, No. 1008798. Our
principal aims concern the relief of suffering from the effects of brain injury. The Memorandum and Articles of
Association impose no unusual restrictions on the way in which the ccffipany may operate nor lay down specific
investment powers. We are affilialed to Headway UK- Ihe Brain Injury Association, based at Nollingham.
Induction and training of new trustees
Trustees musl make available lo each new Iruslee on their firsl appoinlmenl.. a copy of the Memor8ndum and any
amendments made lo it, a Copy of the Charity's lalesl Annual Report and slalemenl of accounts. Headway
Birmingham & Solihull should emphasise the responsibililEs of the Trustees delailed in Ihe report.
Key management remuneratlon
Th9 Iru5tee5 comptise the board of directivs, WIK) are also the Charily s trusteès. and the senior managemenl team
comprise the key management personnel ol the charity in charge of directing. controlling and operating the Charity
on a day-lo-d8y basis. All Iruslees give their lime freoly and no trustee re￿iVed remuneration in the ye8r ending 31
March 2024. The remuneration paid to the Charity's employees is reviewed annually and a performance related
increase is made where appropriate. The pay is benchmarked againsl pay levels for other roles with similar
responsibilities elsewhere within Ihe sector and we have also maintained oui Real Living Wage employer slatus.
Related parties
Headway Birmingham & Solihull Trading Limited derives ils income from Headway Birmingham & Solihull's charity
shop oullels. Any profits generated by the Charity's subsidi8ry company are donated lo Ihe charily.
Auditor
In accordance with the company's articles, a resolution proposing Ihal BK Plus Audit Limited be reappointed a8
aliditor of the company will be put al a General Meeling.

HEADWAY BIRMINGHAM & SOLIHULL
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Dlselosur& of Informatlon to auditor
Each of the trustees has confirmed that there is no information ol which they are aware which is relevant lo the
audit, but of which the audilor is unaware. They have further confirmèd Ihat they have taken approwiale steps to
identify such relevant information and lo establish that the auditor is aware of such information.
The Irustees, report was approved by the Board of Trustee5.
Mr D Chaler
Trustee
21 October 2024

HEADWAY BIRMINGHAM & SOLIHULL
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors of Headway Birmingham & Solihull for the purpose of company law, are
responsible for preparing Ihe Trustees, Report and the financial slalemenls in accordance with applicable law and
United Kingdom Accounting Standards (United ￿'ngdorn Generally Accepted Accounting Pr2dice}.
Company Law reqtsires the Iruslees lo prepare financial slalements for each financial year which give a true 2nd fair
view of the slate ol affairs of the Charitable group and of the incoming resources and application of resDurces,
including the income and expenditure, of the charitable company for Ihal year.
In preparing these financial statements, the Iruslees are required to".
select suitable accountin9 policies and Ihen apply them consislenlly;
observe the methods and princip185 in lh6 Ch8rities SORP-
make judgements and estimates that are reasonable and prudent:
slate whether applicable UK Accounting Standards have been followed, subject lo any material departures
disclosed and explained in the financial statements.. and
prepare the financial stalemenls on the going conc8Tn basis unless it is inappropriate to presume thal the
Charitable group will continue in operation.
The Iru5tees are responsible for keeping adequale accounting records that disclose with reasonable accuracy al
any lime the financial position ol the Charitable group and enable them lo ensule th81 Ihe financi81 slalemenls
comply with the Companies Acl 2006. They are also responsible for safeguarding the a55els ol the Charitable group
and hence for taking reasonable steps for the prevention and detection of Iraud and other irregularities.
io-

HEADWAY BIRMINGHAM & SOLIHULL
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF HEADWAY BIRMINGHAM & SOLIHULL
Opinion
We have audited the financial statements of Headway Bimiingham & Solihull Ilhe 'Charilable group'} for the year
ended 31 March 2024 which comprise the slalement of financial activilies, the balance sheet. the statemenl of cash
flows and notes lo the financial statements, including significant accounling policies. The financial reporting
framework that has been applied in their preparation is applicable law 2nd United Kingdom Accounting Standards.
including Financial Reporting Standard 102 The Financial Reporting Stand8rd applic8bl& in th8 UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Pra¢li¢e).
In our opinion, Ihe financial statemenls..
give a true and fair view of the slale of the charitable group's affairs as al 31 March 2024 and of its incoming
resources and application of reSoUr￿s, including ils income and expenditure, for the year then ended..
have been properly prepared in accordance wilh United Kingdom Gen8rally Accepted Accounting Practice,.
and
have been wepared in accordance with the requirements of Ihe Compaw)ies Act 2006.
Basis lor oplnlon
We conducted our audit in accordance with Inlernalional Standards on Auditing {UK) (ISAS {UKII and applicable
law. Our responsibilili05 under Ih05e standards ale further described in the Audilor's r8sponsibilities for the audil of
the linancial 51atementS Section ol our feporl. We are independent of the Charitable group in accordance with the
ethical requirements Ihal are relevant lo our audit of the linanual slalemenls in the UK. including the FRC'S Ethical
Standard. and we have fulfilled our other ethical responsibilits.es in accordance with these requirements. We believe
th81 the audit evidence we have obtained is sufficienl and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In avdiling the financial slalemenls, we have concluded that the Iruslees, use of the going concern basis of
a¢wunting in Ihe preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
condilion5 Ihal, individually or collectively, may cast significant doubl on the Charitable group's abilily to continue as
a going concern for a period ot al least ￿e1ve months from when the financial slalements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respecl lo going con￿rn are described in the
relevant sections of this report.
other Informatlon
The other Information comprises Ihe information included in Ihe annual report other than the financial statements
and our auditor's report Ihereon. The trustees are responsible for the other information contained within the annu31
report. Our opinion on the financial s18temenls does not cover the other information and, except to the exlenl
otherwise explicitly slated in our report, we do nol express any form ol assurance conclusion thereon. Our
responsibility is lo read the other information and, in doing so, consider whether the other inlormalion is m8teri811y
inconsistent with the financial s181emenls or OLtr knowledge obtained in the course of Ihe audit, or otherwise appears
lo be materially mi551aled. If we identify such material incon5islencies or 8pparenl m8lerial misslatemenls, we are
required lo determine whether this gives rise to a malerial misslalement in the financial statements themselves. If,
based on the work we have performed, we conclude that there is a material mi5stalem8nt of this other information.
we are required to ieport that fact.
We have nothing to report in this regard.
Oplnlons on other matters prescrlbed by the Companies Act 2006
In our opinion, based on the woik undertaken in the course ol our audil-.
the Information given in the truslees, repott lor the financial year for which the financial 51atemenls are
prepared. which include5 the directors. ¥eport prepared for the purposes of company law, is consislent with Ihe
financial slalemenls., and
the directors, teport included wilhin the twstees, rewjrt has been prepared in accordan￿ with applicable legal
iequirements.
11

HEADWAY BIRMINGHAM & SOLIHULL
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HEADWAY BIRMINGHAM & SOLIHULL
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the Charitable group and its environment obtained in the course
of the audit. we have not identified material misslalements the directors, report included within the truslees,
report.
We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires
us lo report lo you if, in our opinion".
adequale accounting records have not been kept. or relums adequate for our audit have not been received
from branctes nol visiled by us" or
the fi'nancial slalemen15 are not in agfeemenl wilh the acC￿ntIng records and returns.. or
certain disclosures ol trustees, remuneration specified by law are not made., or
we have not received all the information and explenalions we require for our avdil., or
the Iruslees were not entitled lo prepare the financial slaternenls in accofdance with the small companie5
regime and lake advantage of the small companies, exempts'ons in preparing th8 Iruslees, report and from the
requirement to prepare a strategic report.
Re8pon8ibilities of trustees
As explained more lully in the slalement of liuslees. responsibilities. the Iruslees, who are also the directors of the
Charitable group lor the purpose of company law. a￿ responsible for the preparalion of the fi'naneial statements and
for being satisfied that they give a true 2nd lair view, and for such internal conlrol as the Iruslees deleTffline is
n8cessary lo enable Ihe preparation of linanaal slalements Ihal are free fiom material misstatement, whether due
lo fraud or error. In preparing the financial statements, the trustees are responsible for assessing Ihe Charitable
group's ability lo continue as a going concern, disclosing, as applicable, maller5 related lo going concern and using
the going concern basis ol accotjnling unless the ITusle8s eilher intend lo liquidate the charitable company or lo
cease operations, or have no realistic allernalive bul lo do so.
Auditor's responsibilities for the audlt of the financlal staternents
Our objeclives are lo obtain reasonable assuran￿ aboul whether Ihe financial statements as a whole ar8 free from
material misslalemenl, whether due lo Iraud or eiior, and lo issue an au(Jilorfs report that includes our opinion.
Reasonable assurance is a hi9h level of assurance but is not a guaranlee that an audit conducted in accordance
with ISAS (UK} will always delecl a malerial m￿stateMent when il exists. Misslalemenls can arise from fiaud or
error and are considered material if. individually or in the aggregate, Ihey could reasonably be expected lo inlluen(
the economic decisions of users tsken on the basis ol these fMancial slalemenls.
The exlenl lo which our procedures 8re CApable ol detecting irregularities, including fiaud. is detailed below.
Enquiry of management, those charged with govemance around 8clual and polenlial liligation and claims.,
Enquiry of anlily staff to idenlify any instances of non-compliance with law5 and regulations,.
Reviewing fin2nual slalemenl disdosures and lesting to 5UPPOrting documentation to assess compliance with
applicable laws and Tegulalions.
Performing audit work over the risk of managemenl override of controls. including tesling of iouinal entries and
other adjuslmenls for appropriateness, evaluating the business rationale of significant transaclions outside the
normal course of busine55 and reviewing accounting eslimales for bias.
Performing audit woik over the risk ol understatement of income including subslanlive testing and obtaining
Co[￿borated explanations from Management.
Because of the inherent limitations of an audil. there is a risk that we will nol detect all irregularilies. induding those
leading to a material misslalement in the financial statements or non-complian￿ with regu181ion. The risk is also
greatèr regarding irregularities occurring due to fraud rather than error, as fraud involves inlenlK)nal concealment,
forgery. collusion, omission or misrepresenlalion.
A further dèscription of our responsibilities is available on Ihe Financial Reporting Council'5 website al.. htlp5'.11
www.frc.org.uklaudilorsTesponsibililies. This description forms part of oui auditor's report.
12-

HEADWAY BIRMINGHAM & SOLIHULL
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HEADWAY BIRMINGHAM & SOLIHULL
Use of our report
This report is made solely to Ihe company's members, as 2 body. in accordance with section 391 01 the Companies
Act 2014. Our audit work has been urKJertaken so that we mighl state to the company's members Ihose mallers we
are required lo slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permilled by law.
we do nol 2ccepl or assume responsibility to anyone other than the company and the company's members as a
body, lor our audit work, for this Teport. or for the opinions we have foimed.
Paul Mannlon FCCA, FCA (Senior Statutory Audltor}
for and on behalf of BK Plus Audit Limited
21 October 2024
Chartered Certified Accountants
statutory Auditor
2 Highlands Court
Cranmore Avenue
Solihull
Wesl Midlands
B90 4LE
13-

HEADWAY BIRMINGHAM & SOLIHULL
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restrictèd
funds
funds
2024
2024
Total
Unrestrlcted Réstricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donali011s ynd
legacies
Ch8ri1able Eclivilies
ABIP
Lifestyle services
F & C services
Wellbeing
Other trading
activities
Investments
Other income
11,813
100,914
112,727
34,176
31.208
65,384
871,563
503,604
871.563
503,604
176,023
4.244
830,882
408,264
830,882
408,264
140,420
176.023
140,420
4,244
238,923
3,191
13,000
238.923
3.191
13.c￿0
223.857
990
223,857
990
Total Income
1,646,338
276.937
1,923,275
1,498.169
171,628
1,669,797
endSture on..
Raising funds
152,597
152.597
164,288
164,286
Charitable 8clivilies
1,578,436
292.146
1,870,582
1,380.280
190.982
1,571,262
Total expenditure
1,731,033
292,146 2,023,179
1,544.566
190,982
1,735.548
Net expenditure for the
yearl
Net movement In funds
184,695)
(15.209)
I99.￿4)
146.397)
119,3541
165,7511
Fund balances 811 April
2023
776.528
367,308
1,143,836
822.925
386.662
1.209,587
Fund balances at 31
March 2024
691.833
352.099 1.043,932
776.528
367,308
1,143,836
The statemenl ol financial activities includes all gains and105ses recognised in the year.
The statement ol financial activities includes aH gains and losses recognised in the year. All income and expenditure
derive frotn continuing aclivilies.
The slatemÈnl of financial activities also complies with the requirements for an income and expendilutp account
under Ihe CompaniesAct 2006.
14

HEADWAY BIRMINGHAM & SOLIHULL
CONSOLIDATED AND CHARITY BALANCE SHEET
AS AT31 MARCH 2024
Group
2024
Charity
2024
2023
2023
Notes
Fixed assets
Tangible assets
Investments
15
14
734.563
714.902
734,067
1(KJ
713,821
100
734.563
714,902
734,167
713,921
Currant assets
Debtors
Cash at bank and in hand
17
143,485
253.332
132,844
391,494
153,657
234,177
168,357
346,007
396.817
524,338
387,834
514.364
Creditors.. amounts falling due within
one year
18
(87.448)
{95.4041
178,069}
{84.4491
Nel current assets
309.369
428.934
309,765
429,915
Total assets less current Ilabllltles
1,043,932
1.143,836
1,043,932
1,143,836
Income funds
Reslricled funds
Designated funds
Unrestricted funds
20
21
352.099
367.308
24,0
776,528
352,099
367.308
24.000
776,528
691,833
691,833
1.043.932
1,143,836
1,043,932
1,143,836
These financial slalemenls have been prepared in ar£Ordan￿ with Ihe provisions applicable to companies subje¢l
lo the small companies Iggime.
The financial
atemènls were approved by the Trustees on 21 October 2024
MrD
Trustee
ter
Company regi5tratlon number 02686647

HEADWAY BIRMINGHAM & SOLIHULL
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash labso¥bed byllgeneraled Irom
operations
28
(98.021 }
55,566
Investing activities
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assels
Investment income received
(56,332)
122,4541
13.000
3,191
Net cash used in investing activities
140,141}
(21.4641
Financlng actlvitles
Net cash used In flnanclng a¢tlvStl¢s
Net Idecreasellincrease in cash and cash
equlvalents
{138,162)
34,102
Cash and cash equivalents al beginning of year
391,494
357,392
Cash and cash equivalents at end of year
253,332
391,494
16-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng polleles
Charity information
Headway Birmingham & Solihull is a prrvate company limited by guarantee incorporated in England and
Wales. The registered office is Leighlon House, 20 Chapel Rise. Rednal, Birmingham, Wesl Midlands. B45
9SN.
1.1 Accountlng convention
The financial statements have been prepared in accordance with the Chanlable group's Constilulion, th&
Companies Act 2006, FRS 102 "The Financial Reporting Standaid applicable in the UK and Republic of
Ireland" l FRS J02'1 and the Charities SORP "Accounting and Reporting by Charities.. Slalemenl of
Recommended Practice applicable to charities preparing their accounls in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 20191 The
Charitable group is a Public Benefit Entity as defined by FRS 102.
The fi'nancial slalemenls are prepared in sterling. which is the functional currency of the Charitable group.
Monetary amounts in th85e linancial statements are rounded to the nearest £.
The linancial statements have been p￿pared under the historica5 cost convents'on. The principal accounting
policies adopted are set out below.
The financial slatemenls consolidate Ihe résults ol Ihe charity and ils wholly oewned subsidiary Headway
Birmingham & Solihull Trading Limited. The results of the subsidiary are consolidated within the slalem8nl of
Financial Aclivilies (SOFA) on a line by line basis.
1.2 Going concern
Al the lime ol approving the financial slalemenls, the Iruslees have a reasonable expectation that the
Charitable gloup has 8dequale resour￿$ to conlinue in operational existen￿ for the foreseeable future. Thus
the trustees continue to adopt the going concern basis of accounting in preparing the financjal slalements.
1.3 Charitable funds
Unreslricled funds are available for use al Ihe discretion ol the trustees in furtherance of their charitable
objectives.
D85ignaled fund5 comprise unrestricted funds thal have been sel aside by the trustees for particular
purpose5.
Reslricled funds are Subject 10 Specific condilions by donors or granlors as lo how they may be used. The
purposes and uses of the reslricled funds are sel out in the notes to the financial slalements.
Endowment funds are subject lo specific conditions by donors that the capiial must be mainlained by the
Charitable group.
1,4 In¢ome
Income is recognised when the Charitable group is legally enlilled lo il after any performance conditions have
been met, the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised receipt. Other donations are (ecognised once the Charitable group has
been notified of the donalion. unless perfoimance conditions require deferral of tho amounl, Incomo tax
recoverable in relation lo donations r￿1ve￿ under Gift Aid 01 deod5 of covenant is recognised al the time of
the donation.
Legacies are recognised on receipl or 0￿rWISe if the Charitable group has been notified of an impendin9
dislribiilion. the amount is kn(w4n. and re￿Ipt is expecled. If the amount is not known, the legacy is treated as
a contingent asset.

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies
{Continuedl
Assets for distribution are recognised only when distributed. Assets given for use by the Charitable group are
recognised when receivable. Stocks of undistribuled donated goods are not valued for balance she&l
purposes.
1,5 Expenditure
Expenditure is recogntsed once there is a legal or constructive obligation to transfer economic benelit to a
third paty. it is probable that a Iransler ol economic beneh"Is will be required in settlement, and the amount of
the obligation c£n be measured reliably.
Expendilure is classified by activity. The costs of each activity ar8 made up of the lolal of direcl costs and
shared costs, including support costs involved in undertaking each aclivily. Direct costs allribulable to a single
activity are allocated directly lo Ihal 8clivily. Shared costs which contribute lo than one aclivily and
support cosis which are not attributable lo a single aclivily are appotiioned belween those activitiss on a basis
onsislenl with Ihe use ol resource5. Central slaff costs are allocated on the basis of lime spent, and
depreciation charges are allocaled on the portion ol the assel's use.
1.6 Tangible flx8d assets
Tangible fixed assets are initially measured at C051 and subsequently measured al cost or valualion, nel ol
depreciation and any impaimienl losses.
Depreciation is recognised so as to write off the cost or valuation of assets ￿sS their re%dual values over Ihgir
useful lives on the following bases..
Freehold lano and buildings
Leasehold improvements
Fixtures and fittings
Motor vehicles
Craft equipment
2% on cosls
Straight line over the life of Ihe lease
50Vo on cost and 25% on ¢osl
200/0 on cosl
1000/ts on cost
The gain or loss arising on the dispos81 of an asset is determined as the difference be￿een the sale proceeds
and the Cerrying value ol the assel, and is recognised in the slalement ol finanu81 aclivi118S,
1.7 Impairment of fixed a55ets
Al each reporting end date, the Charitable group reviews the catrying amounts of its tangible assets to
dètermine whether there is any indication Ihal those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the a55el is estimated in order lo determine the extent of the
impairment loss {if any).
1.8 Cash and cash equivalents
Cash and cash equivalen15 include cash in haTKI, deposits held at call with banks, other short-lerm liquid
inveslinenls with original maturities ol Ihree months or less. and bank oveidfarts. Bank overdrafts are shown
within borrowings in current liabililies_
1.9 Financial instruments
The Charitable group has elected lo apply the provisK)ns of Section 11 'Basic Financial Instruments. and
Section 12 '01her Financial Inslrumenls15sue5' of FRS 102 10 811 of 115 financial instruments.
Financial in51rumenls are recognised Ihe Charitabl& groLfP'S balan￿ sheet when the Charit8ble group
becomes party to the conlraclual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounls presenled in the financial slalemenls. when
there is a legally enlor¢eable right lo set off the recognised amounts and there is an intention to sellle on a nel
basis or lo realise the asset and setlle the liability simultaneously.

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
{Continuedl
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
Iransaclion price including transaction costs and are subsequently carried at amort15ed cost using the effective
interest method unless the arrangement conslilules a financing Iransaclion, where the Iransaclion is
measured al the presenl value ol the lulure receipts discounted at a market rate of inleresl. Financial assels
classified as receivable within one year are not amortised.
Baslc financial liabilities
Basic financial liabilities, including creditors and bank loans are inilially recognised at transaction Pfice unless
the arrangetnenl conslilules a financing transaclion, where Ihe debt inslrumenl is mea5UTed al the present
value of the futurg payfflenls discounted al a markel rale ot inleresl. Financial liabili118s classilied as payable
within one year are not amartised.
Debt instruments are subsequersily &grried at amortised cost, using the effective interest rale method.
Trade creditors are obligations lo pay lor goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presenled as non-currenl liabilities. Trade creditors are recognised inilially al
transaction price and subsequenlly méasured al amortised cosl using Ihe effective interest melhod.
Derecognition of linanci?I liabilitles
Financial liabilities are derecognised when the Charitable group's conlraclual obligations expire or are
discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday enlillement 15 recognised in the period in which the employee's services are
received.
Termination ben8fits are recogni5ed immediately as an expense when the Charitsble group is demDnslrably
mmitted lo lerminale the employment of an employee or to provKle lermin81ion benefits.
1.11 Retlremenl beneflts
Payments lo defined conlribulion relirement benefit scheme5 are charged as an expense as they fall due.
1,12 Stock
The Charity receives donated goods which are sokl in its subsidiary's Charity shops. Donated goods are not
recognised as slock as it is impractical to reliably measure the fair value of donated goods.
19

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crltlcal accounting estimates and judgements
In the application of the company's accounting policies, Ihe trustees are required to make judgements,
eslimales and assumptions about the carrying amount of assels and liabilities that are not readily apparent
from other sources. The eslimales and 2ssoci2led assumpts'ons are based on historic81 experien￿ and other
factors that are considered lo be relevant. Actual resulis may differ from these estimates.
Re¢overablllty of debtors
Management are required to estimate prudent provision for any amounts
considered irrecoverable. The value of the provision is estimated and reviewed annually lo ensure accuracy..
Useful economlc life of non-current assets - Management eslimate the useful economic life of non-currenl
as5els based on the perio(J over which the asset is expected to be used and provide for depreci3tion
accordingly. Where an indicalion ol impaiimenl is idenlilied the eslimalion ot recoverable value requires
eslimalion.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales are recognised in the period in which the estimate is revised wheie the revision affects only Ihat
period, or in the period of the r8vision and future periods where the revision affecis both curfenl and future
periods.
Income from donatlons and lega¢les
Unrestricted Restrlcted
funds
funds
2024
2024
Total Unrestrlctod Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
Grants
11,813
11.813
100.914
20,783
13,393
20,783
44,601
100,914
31,208
11,813
100,914
112.727
34,176
31,208
65,384
Grants recelvable for core a¢tivities
8irmingham City Council
Grant
Leighton House - Healing
Grants
Minibus Grants
Sutton House- DLS
Grant
Sutton House- Gym
Grant
Activities Gran15
Sports England
National Lottery
Communily Fund -
Wellbeing Hub
National Lottery
Community Fund -
Vocatioiial Assistance
Programme
13,393
13.393
5,550
13,750
5.550
13,750
6.260
6,260
7,398
7,398
350
4.160
350
4,160
15.424
11.415
15.424
11.415
58.573
58.573
9,242
9.242
1(KJ.914
100.914
13.393
31,208
44,601
~20-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacles
{Conlinued
Income from other trading activitlÈs
Unrestrlcted Unrestricted
funds
funds
2024
2023
Fundraising events
Charity shop incomè
28,149
210,774
18,383
205,474
Other trading activities
238,923
223,857
21

¢£ J r£

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investments
Unrestrieted Unrestricted
funds
funds
2024
2023
Interest receNable
3,191
990
Other Income
Unrestrlcted Unrestricted
funds
funds
2024
2023
Nel gain on disposal of tangible lixeij assets
13,000
Expenditure on ralslng funds
Unrestrlcted Unr8Stricted
funds
funds
2024
2023
Tradlng costs
Staff costs
Support costs
81,695
70,902
70,537
93,749
152,597
164,286
-23-

O 10 tr ir) u) LO in
too>1￿ * ro
ID N Q)
ljuo
r Ln <0
(Li (fj
O ff) trj tr) o)
Qvr
Lli * ai r (Q O (5)
(y tr- (O ￿ O ¢51
￿￿)￿in0
0¢7Jrr
JrmoG)
¢D in r4
r a) In ry) o u)
t5) (N 10 ￿ *
ry) 00)In * OJ
)0
DU)O(i0Su)J<
c c o)
) (

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Support costs allocated to activitles
2024
2023
Staff costs
Depreciation
Premises Cost
Communication and IT
Motor & travel costs
Sundry expenses
Legal and Pfofessional
Activities & associated
Interest payable
Governance costs
269.418
793
89.793
21,711
4,624
19,572
15,657
24,416
5.031
19.536
244,139
851
95,871
23,26S
3,515
14,697
9.128
16.925
4.253
16,293
470.551
428,938
Analysed between:
Fundraising
ABIP
Lileslyle
F and C services
Wellbeing
70.902
203.967
130,093
55,010
10,579
93,749
216,891
67,593
50,705
470,551
428.938
1 Net movement In funds
2024
2023
The net movement in funds is slated after chargingllcredilingl..
Fees payable lor the audit of the charity's financial slalements
Deprecialion ol owned tangible fixed assels
Profit on disposal of tangibl8 lixed assels
19,536
36,671
113,0001
16,293
48,569
12 Trustees
None ol the Iruslees lor any persons connecled wilh them) received any remuneration 01 b&nefil8 from the
Charitable group during Ihe year.
13 Employees
The average monthly number ot employees during the year was..
2024
Number
2023
Number
Charity staff
Trading company staff
73
Total
92
80
-25-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Employees
(Continued)
Employment costs
2024
2023
Wages and salaries
Social securily costs
Other pension costs
1,445,264
90,210
22,935
1,204,911
76,029
18,676
1.558.409
1,299,616
The number of employees whos8 annual remuneration was more than £60,000
is as follows..
2024
Number
2023
Numbgr
£60,000 - £70.c￿j0
Conlribulions totalling £1,32012023'. £1,320) were made to defined conliibulion pension schemes on behalf
of employees whose emoluments ex￿ed £60.000.
Remuneratlon of key management personnel
The remuneration of key management personnel was as follows..
2024
2023
Aggregate compensation
135,631
125,584
14 Taxatlon
The charity is exempl Irom laxalion on ils activities because all ils income is applied for charitable purposes.
-26-

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HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Tangiblo flxed assets
Iconlinued)
The carrying value of land included in land and buildings i])mprises'.
2024
2023
Freehold
Short leasehold
644,587
34,780
656,545
40,737
679,367
697.282
16 Investments
The investment comprises ol a IOOOA holding of the ordinary share capital of Headway Birmingham & Solihull
Trading Limiled, a company registered in England and Wales.
The principle activity of Headway Birmingham & Solihutl Trading Limited is that of operating charity shops.
The profits earned by the subsidiary are donated to Ihe charity. A summary of Ihe $ubsidiaWs results are
shown below.
2024
2023
Turnover
Governmenl grants Icovidl
Direct ¢osls and adminislralion cosls
210,773
205.474
(187.688)
{164,286)
Net Profil
23,085
41,188
Amount donated to the charity
(23,085)
{41,1881
The assets and liabilities of Ihe subsidiary were..
2024
2023
Fixed assets
Current assets
Current liabilities
496
33,635
(34,0311
1,081
53,834
154.815}
Total nel assets
100
loo
Aggregate share capital and rese￿e$
100
-29-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Debtors
2024
2023
Group
Trade debtors
Other debtors
Prepayments and accrued income
123,358
3,949
16,178
111,466
4,633
16.745
143,485
132.844
2024
2023
Charlty
Trade debtors
Other debtors
Prepayments and accTU8d income
Amounts owed by subsidiary undertakings
120,002
110.882
791
12,826
43,858
g,CtJ2
24,653
Total debtors
153,657
168,357
18 Creditors: amounts falling due within one year
Group
2024
2023
Trade crediloTS
Other creditors
Accruals and deferfed income
11,424
30,159
45,865
16,820
20.290
58,294
87,448
95.404
Charity
2024
2023
Trade creditors
Other creditors
Accruals and deferred income
7.888
28,418
41,763
11,500
18,649
54,300
78,C69
84,449
30-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profil or loss in respect of defined contribution schemes
18,095
14,319
The Charitable group operates a defined contribution pension scheme for all qualifying employees. The assets
ot the schem8 are held separately from those of the Charitable group in an independently administered fund.
20 Restricted f unds
The reslricled funds ol the charily comprise Ihe unexpended balances of donations and gianls held on trust
subject lo specilic conditions by donors as lo how they m8y be used.
At 1 Aprll
2023
Incoming
resources
Resources At 31 March
expended
2024
Cararfs Services FUTh
Leighlon House Building Fund-capital
Minibus Fund-capilal
IT Equlpmenl Fund-capitsl
Stained Glass repairs
Sullon House Lift Fund -Capi181
Activities Fund
Sullon House Gym and Wellbeing Fund-capital
Minibus Fund {20231- Capital
Sutton House KilchenlDLS
National Lottery Communily Fund - Wellbeing
Hub
Nalional Lotigry Community Fund - Vocational
Assisted Programme
176.023
1176.023)
111.958)
16,267)
{1,017)
295,698
7.021
1,017
2,000
26,866
4,307
10.429
13.750
6,220
283.740
754
2,000
23,431
11.441
8.875
18.186
3,672
13,435)
119,705)
11.554)
11.824)
12,548)
26.839
6.260
58,573
158.5731
9,242
19,2421
367,308
276.937
1292,1461
352,099
31

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Reslrlcted fund5
(Continued)
Previous year:
At 1 April
2022
Incoming
resources
Resources At 31 March
expended
2023
Carerfs Services Fund
Leiqhlon House Building Fund-capital
Minibus Fund-capilal
IT Equipmenl Fund-capilal
Stained Glass repairs
Sullon House Lift Fund -Capilal
Aclivilie5 Fund
Sulton House Gym and Wellbeing Fund-capilal
Leighlon House Healing Fund
Sulton House KilchenlDLS
Minibus Fund12023)-Capilal
759
307.656
13,288
2.127
2,000
44,050
3,041
13,741
140,420
(141,1791
{11,9581
16.2671
(1,110)
295.698
7,021
1,017
2,000
26,866
4,307
10,429
(17,1841
12,8941
13,6621
15.5501
11,1781
4.160
350
5,550
7,398
13,750
6,220
13,750
386.662
171.628
{190,982)
367,308
-32-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATENIENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Restrlcted funds
(Continued)
Family and Carer SeNlces Fund
This carer services work indudes cate carried oul by Community Outreach workers and carer support and
training co-ordinators.
Leighton House Building Fund-capital
This reslricled fund relate5 to the purchase and dovelopmenl of Leighton House in 8irmingham, Leighton
House is used IOT social rehabilitation activities for brain injured people. Grants and donations were received
to fund the original property purchase and development in July 2007. During subsequent years further grants
were received lo facilitate the building an annex and a foyer to provide much needed accommodation. The
annexe was ￿rnpleted during lh8 year ended 31 March 2017 and the foyer was complete in the year ended
31 March 2020. The property Is subject to depreciatson charge in accofdance with the charity's accounting
policies. A lirsl legal charge is held on this prop&rty by the Lollery Board in respect ol grant monies paid lo the
Charity in order to fund the property's original purchas8.
Minlbus Fund-capltal
This grant was received to lund the purchase of the minibus which the Charity will use in order to transport
staff, carers and clients.
IT Equipment Fund-capital
This grant was received lo purch8se a new computer for use by clients and staff.
Stalned Glass Repalrs Fund
This grant was raised lo repair the damaged stained glass window.
Sutton House Lift Fund-capital
This fund has been raised lo provide a lift for the new premises in Sutton Coldlield which will be used for
social rehabililalion activities for brain injured peopl8.
Sutton House Gym and wellbeSng Fund-capital
This fund has been raised lo provide a gym and equiprnenl lor the new PTemises in Sutton Coldfield which will
be used for social iehabilitalion aclivilies for brain injured people.
Activities Fund
This fund has been received lo assist carers on the charity's premises wilh the provision of the social
rehabilitation activities for brain injured people.
Mlnlbus Fund120231-Capital
The grants have been received to lund the purchase of a minibus which the Charity will use in order to
transport staff, carers and clients.
Lelghton House Heating Fund
This fund was raised lo repair the healing sysiem al Leb3hlon House.
Sutton Hpuse Kitchen l DLS
Thi5 grant was received lo re-fil a Kitchen for lh9 DLS (Daily Livin9 Sessions) which assist brain injured
people lo learnlre-learn how lo plan, piepafft and cook which helps them understand the impact of nutrition on
th8ir wellbeing and also boost their Self_Conf￿en￿.
Natlonal Lottery Communlty Fund - Vocational Assistance Programme
The grant was lo fund a pilot programme aimed al helping brain injuied people move onlo the next level of
their recovery journey which will Include specialist brain injury training. vocational training and qualificalionl
placement support.
National Lottery Community Fund - Wellbeing Hub
The grant is the first years funding ol a 3 ye3r programme lo help fund the costs of eare caiiiod out by
Commuiiity Outreach workers and care supporl and training co-ordinators
-33-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Unrestricted funds
The unrestricted funds of the charity comprise Ihe unexpended balances of donations and grants which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Iruslees for specific purposes.
At 1 April
2023
Incoming
resources
Resourees
expended
Transfers At 31 March
2024
Motor vehicle
General funds
24,0
752.528
(24,000)
24,000
1,646.338
11,731.033)
691.833
776,528
1,646.338
11.731,033)
691,833
Prevlous year..
At 1 April
2022
Incoming
resources
Resour¢p$
expended
Transfers At 31 March
2023
Motor v8hi¢le
General funds
16,000
806,925
8,000
{8,lJOOI
24,000
752,528
1,498,169
11.544,5661
822,925
1,498,169
11,544,566)
776,528
Deslgnated Fund- Motor vÈhiclè.Capital
This designated fund wag sel aside by the Iruslees io provido an additional or replacement motor vehicle
which has been purchased during the year.
-34-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Analy3is of net assets between funds
Group
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restrleted
funds
funds
2023
2023
Total
2024
2023
Fund balances al 31
March 2024 are
represented by..
Tangible assets
Current asselsllliabililies)
395,905
295,928
338,658
13,441
734,563
309,369
372.380
404,148
342.522
24,786
714,902
428,934
691,833
352,099
1,043.932
776.528
367,308
1,143,836
Charity
Unrestrlcted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
Total
2024
2023
2023
Fund ba18nces al 31
March 2024 are
repiesenled by..
Tangible assets
Investments
Current assetsllliabililies)
395,409
100
296,324
338,658
734.067
100
309.765
371,299
100
405.129
342,522
713,821
100
429,915
13,441
24,786
691.833
3S2,099
1,043.932
776,528
367,308
1,143.836
23 Capltal commitments
2024
2023
Amounts conlfacl8d for but not provided in Ihe financial slalemenls..
2024
2D23
Acquisition of property, plant and equipment
50,875
35-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
24 Operating lease commitments
Al the reporting end dale. commitments for future minimum lease payments under nOn-Can￿lIable operating
leases fall due as follows..
Group
2024
2023
Within one year
Belween iwo and five years
47,783
14,7iY)
85.700
62,483
62,483
148,183
Charity
2024
2023
Within one year
Between two an¢J five years
27,083
65,000
27,083
27,083
92.083
25 Events after the reportlng date
The sector that Headway Bimingh8in & Solihull and ils subsidiary operates in is still experiencing the effects
ol Covid -19. There has been 8 continued impacl on the nufflber ol placements and hours sold in our services.
The Trustees and staff are working hard lo increase the placements and overcome the difficulties with staff
recruilmenl.
In addition, the Iruslees have taken steps to mitoale Ihe effeel of Ihe worsening UK econotny and increased
inflation on the Charity and ils subsidiary's future costs. Although the the trustees consider that an accurate
estimate of the possible lulure impacl cannot be made.
The Iruslees confirm that they have considered Ihe effect of any further uncertainties as known al dale ol
signing associated lo the impacl of CovKJ-19 and the woisening UK economy when considering the group's
going concern position.
26 Parent Company's Statement of Financial Activities
The Parent Company has taken advantage ol the exemption permitted by Section 408 of tho Companies Act
2006 and has not published ils own Statement of Financial Activities. The lotal comprehensive income
atlribulablè lo Ihe parent company, was a deficit of £9g.904 {2023. £65.751 }.
27 Aiialysis of changes in net funds
The Charitable group had no material debt during Ihe year.
-36-

HEADWAY BIRMINGHAM & SOLIHULL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
28 Cash generated from operations
2024
2023
Deficit for the year
(99,9041
{65,7511
Adjustments for..
Investment income recognised in slalemenl of financial activities
Gain on disposal of tangible fixed assels
Depreciation and impaimienl of langible fixed assets
13,1911
{13,000}
36,671
19901
48.569
Movements in WOTking capital..
{IncreasÉlldecrease in debtors
{Decreasellir)crease in creditors
110.641}
17,956)
44,380
29,358
Cash {absorbed by)Igenerated from operations
198,021)
55,566
-37-

THANK YOU TO OUR COMMISSIONERS & FUNDERS
Blrmingham City Council, Solihull Metropolitan Borough Council
Worcestershire City Council
Birmingham Forward Carers, Birmingham Disability Resource Centre
BVSC Ageing Better
Higgs PLC Solicitors, CFG Law, Slater & Gordon, Express Solicitors, Thompsons Solicitors, Irwin
Mitchell
The National Lottery Community Fund - Reaching Communities
The National Lottery Community Fund - Building Better Connections Fund
The Henry Smith Charity
Sport England, National Grid, Provincial Grand Lodge of Warwickshire
Ul)(16'
The
Henry Smith
Charity
. COMMUNITY
FUND
SPORT
I ENGLAND
Slater
E XP R E S S
HIGGS
C FG I>>>JX)O
SOLIC I TOR S
iix¢•tPK)rikh¥
i(rh)•iF*nglw•dp•oF4•
TO EVERYONEWHO
SUPPORTED US
THROUGHOUTTHEYEAR

Headway Birmingham & SolihuLI
ervices 2023-2
Headway Birmlngham & Solihull has a strong reputation for delivering a wide range of
services that make a real difference to people's Ilves. These have been speciflcallydesigned
to address the specific complex needs that people with acquired brain injury may have to
deal with. We work collaborativelywith others, both in the public and not for profit sectors,
to ensure those in our community get the best possible range of advice and support to
address these individual needs.
KEY DATA
tal users accessi
"POSITIVE Feedback
Over
£25K
Services over the
year
reported that they had
made an improvement ;,
in at least one of theiril
goal areas through
Headway support
I from over
Income for the charit
,was generated throug
our Charity Shops
119
1,300
Users
108
340/
Users said that
Headway had made
People employed across the
year
of all clients
73
accessing our services were
a blg difference
from a BAME background
People volunteered across
the year
94%
41
We supported over
60%
hanges/improvements
made following user
suggestions/requests
of people accessing our
Services were female,
800
Families
400A
acr055 the year
were male