Headway
Essex
HEADWAY ESSEX
Providing brain injury care and support
Annual Report and Financial Statements
For The Year Ended 31 March 2025
The Headway Centre
Woodland Walk
Colchester
Essex
C04 6DH
01206 845 945
www.headwayessex.org.uk
Patron: David Tennant
Reglstered Charlty No. 1008807
Company Limited by Guarantee 2674755

HEADWAY ESSEX
{A company limited by guarantee)
CONTENTS
Page
Report of the trustees
i-io
Independent examiners report on the financial statements
11-12
Statement of financial artivities
13
Balance sheet
14
ststement of cash flows
15
Notes to the financial statements
16-31
The following pages do not form part of the statutory financial statements:
Charity detailed income and expenditure account and summaries
32-34

HEADWAY ESSEX
(A company limited by guarantee)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees (who are also the Directors of the Company for the purposes of company law) are pleased
to present their annual report together with the independently examined financial statements of the charity
for the year ending 31 March 2025 which are also prepared to meet the requirements for a directors,
report and accounts for Companie5 Act purposes,
The financial statements Comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, and the Charities Statement of Recommended Practice
("Charities SORP ) (applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland; FRS 1021 issued in Ortober 2019.
Objectives and actlvities
The Charity is established for the benefit of the public and its objectives are the rehabilitation and
care of persons, principally in E55ex and the surrounding areas, who have suffered acquired brain
injuries or other neurological conditions, and the support of such persons, carers, relatives, friends
and those professional persons involved in their treatment.
The charity aims to:
To provide support, information and advice to people with traumatic and acquired brain injury.
To provide respite for carers.
To improve the health and well-being of people with acquired brain injury.
To increase self-awareness and understanding of brain injury and its effects.
To increase independence.
To reduce social isolation.
To identify and meet the unmet need of brain injury survivors.
The vision of the charity is that through the work of Headway Essex: people with acquired brain injury
wtll fulfil their potential. families and carers wi15 be better able to cope with their caring roles; the wider
community will understand the causes and effects of acquired brain injury.
The charity provides support in the community and specialist day opportunities and rehabilitation
activities for people living with acquired brain injury (ABI) and their families and carers in Essex.
The two hubs, in Colchester and Benfleet, offer a specialist person centred approach to rehabilitate,
educate, inform and support each client with their own personal recovery journey through the
achievement of realistic, achievable and measurable goals. The centres also provide social
opportunities and a variety of activities to maintain health and wellbeing.
The support in the Community is through local Brain Injury Caseworkers in all areas of Essex. The
service provides telephone support, coping strategies, crisis support, home visits, hospital visits
and help with benefits advice. We also run educational groups, monthly support groups and separate
carers support groups in several locations across Essex.
In shaping our objectives, the trustees have referred to the Charity Commission's general guidance on
public benefit and regularly reviews its aims, objectives and activities and the benefits they have
brought to the people the charity aims to help.
Page

HEADWAY ESSEX
(A company Ilmlted by guarantee)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
In all aspects of our work volunteers play a vital role. The board is grateful to everyone who has
volunteered their time in furthering the work of Headway Essex and it is recognised that the donation
of time is every bit as important as money or gifts.
Achlevements and perforniance
During the past year, there have been many notable achievements. These are driven by one overarching
theme; to continuously review and improve the services we offer adults with acquired brain injury and their
families.
The Benfleet Hub has continued to thrive and now operates four days a week. Between April 2024 and
March 2025, the total number of placements across our day centres rose from 99 to 113. This growth occurrei
despite a number of placements ending naturally due to successful rehabilitation or changes in medical need5
While a seasonal dip in numbers is expected over the winter months reflecting national trends linked to
increased illness and higher winter mortality rates (with an average 7.1% rise in deaths. particularly among
those with multiple co-morbidities) these factors have not had a lasting negative impact on overall attendan.
Our community support services continue to grow and evolve, with new groups established to better meet
the diverse needs of those we support. This includes the further development of our Young Circle group, the
introduction of Integrative Community Therapy within our South Essex carer5 group, a new support group in
Southend and a shift towards a more socially focused model for our Mid Essex support group. Each group is
regularly reviewed to ensure it remains appropriate and beneficial for its members, and we remain flexible in
our approach to adapt to the changing needs of individuals.
The hospital link-worker role continues to expand and helps ensure people get the support and information
they need in the days, weeks and months following discharge. In this financial
year we visited and supported 257 people at bedside after bein8 admitted to hospital with an ABI; also
providing support to their family members or other carers through a very difficult time. This far
exceeded our target of 100 people, and we are now starting to see some of these individuals accessing
our service5 now back home in the community.
A pilot scheme was run at the University of Essex {the "Next Steps" projectl:
thi5 wa5 a combination of education for people in early stages of brain injury with tailored rehabilitation led
by student physiotherapists, occupational therapists and speech and language therapists. This gave students
firsthand experience working with people with ABI, and also provided some much-needed rehabilitation
support to our clients who have been unable to access this elsewhere. We are hoping to build upon the
excellent outcomes and user-led feedback to tailor our support moving forwards.
We a150 developed and delivered a very successful programme of family carer support called "Don't Forget
about me"_ this is a 5 week programme designed to educate but also support resilience for people caring
for someone with a brain injury with a strong emphasis on self-compassion and self-care. We are aiming
to continue to deliver these over the next 2 years with our 8rant funding, and hopefully beyond.
Page

HEADWAY ESSEX
{A company limited by guarantee)
REPORT OF THE ThUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
In this financial year we also introduced student placements within our day centres. The additional of allied
health professional students means we can expand and diversify the services we provide. they have set up
new groups, provided some I:1 rehabilitation to some of our clients and have also brought their expertise
to the teams of staff which has been valuable to all involved. During this period we welcomed 9 students
to our Colchester and Benfleet day centres {6 OT, 2 physiotherapy and I social workl which also raised
income of approximately £6,820.
Grant income of almost £150,000 was achieved. The charity is grateful to the following organisations
who contributed to this total:
Colchester Catalyst Charity
SEE Health Inequalities Fund
Dage Precision Industries- Norsden Trust
FSJ Charities
Colchester CC Public Health Fund
North East Essex Wellbeing Alliance
Locality- LHC Communlty Benefit Fund
Essex County Council
The Perry Watlington Trust
Charles S French Charitable Trust
Diana Tinson
Provide Community
Lottery Reaching Communities
Glossop Pryor Trust
Garfield Weston Foundation
Essex Freemasons
The charity's flagship annual event, the Essex Classic Vehicle Show at Castle Park in Colchester, was
again a great success.
Financial Review
The Statement of Financial Activities on page 13 shows the results for the year and the financial position
is shown in the Balance Sheet on page 14.
The net expenditure for the year amounted to £ 126,364.
Desplte a deficit for the year, the trustees are satisfied with this result as there are sufficient reserves to
sustain the charity.
Funding has been recognised in the accounts that relate5 to service running costs in future years totalling
£70,295. Details can be found in note 19.
Page

HEADWAY ESSEX
(A company limited by guarantee)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Future plans
With the appointment of a new Chief Executive Officer and the establishment of a refreshed
Senior Leadership Team, Headway Essex is entering the 2025126 period with a renewed culture, ethos,
and strategic focus. This evolution brings enhanced momentum and a clear organisational drive.
underpinned by a commitment to excellence and sustainability.
At the heart of this renewed approach is the adoption of a ITeam culture, which is defined as:
A unified team working collaboratively towards a co-designed Vision, Mission, and set of
Value5, alongside clearly defined short-, medium- and long-term strategic objectives.
These are shaped by the voice of our service users, with each individual within the
organi5ation understanding and embracing their role and shared responsibility in delivering on
these critical priorities.
While a comprehensive three-year Strategic Plan is currently under development, with a formal
launch scheduled for the Annual General Meeting in October 2025, an interim Business Plan for
2025126 h35 been established to provide strategic clarity and direction during this transitional
phase. This plan outlines four priority Strategic goals:
Embeddlng the ITeam culture across all levels of the organisation
Developlng and expandlng servlce provlslon to meet the evolving needs of individuals
affected by acquired brain injury
Deslgnlng and Emplementlng a new, Innovative, and client-focused fundraising strategy,
encompassing:
- Strengthening our ability to evidence, articulate, and communicate the measurable impact
of our services
- Adopting a storytelling approach informed by real client experiences to enhance supporter
engagement
Diversifying income streams to reduce reliance on traditional funding sources and mitigate
financial risk
Enhancing stewardship and relationship management with both current and prospective funders
Achieving the 2025126 budget, aligned with financial sustainability and strategic priorities
Through the continued support of ourvaLued funders, stakeholders. and partners-and guided by
this forward-thinking approach Headway Essex remains confident in its abilityto ensure the
organisation's long-term sustainability and to continue delivering high-quality, life-changing
seNices to individuals livingwith the effects of acquired brain injury.
Page

HEADWAY ESSEX
(A company limited by guarantee)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Investment policy
The charity's liquid funds are invested in short term deposits in order to maximise the investment
income while retaining cash for working capital requirements. Amounts are held in deposit accounts.
It is the charity's polivi to acquire only fixed assets which will produce income for the charity in the
future such as medical equipment, leasehold trading premises and vehicles for use in the trading
activities.
Reserves and going concern
At 31 March 2025 the unrestricted free reserves, after the deduction of designated funds and fixed
assets from the total reserves were £365,998. This represents the equivalent of 4.9 months
expenditure compared to a minimum policy requirement of three months.
The Trustees feel it is appropriate to provide for short-term commitments, ongoing programmes and
risks to future funding and feels that a minimum level of unrestricted general reserves to be held is
an amount equal to at least three months, average unrestricted expenditure. However, the three-
month policy represents the minimum and the aim is to keep reserves at a level to cover at least six
months expenditure. This will ensure that we have sufficient funds to cover any late arrivals of funding
from statutory bodies and cover the flurtuations in fundraising income through the year. The Trustees
recognise that certain aspects of the Charity's finance5 offer increased risk and the Board will designate
Specific amounts from free reser¥es to help mitigate these risks. Furthermore the Trustees may
designate funds from reserves to assist in future development plans. This policy is reviewed annually
and the current reserves position is detailed on page 26.
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has
adequate resources to continue in operational existence for the foreseeable future. For this reason,
they continue to adopt the going concern basis in preparinE the financial statements. Further details
regarding the adoption of the going concern basis can be found in the accounting policies.
Page

HEADWAY ESSEX
(A company limited by guarantee)
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2025
Reference and administrative detai15
Trustees
Alan Bacon, Chair
Chris White-Thomson {resigned 5 September 2024)
David Parkins, Treasurer (resigned 6 February 2025)
Anthony Emms, Vice Chair
Rob Warren (resigned 2 October 2024}
Neil Parrett
Simon Shaw
Caroline Kempster (appointed 29 May 2025}
Sue Merrell (appointed 7 August 2025)
Tomas Corbyn (appointed 7 August 2025)
Cri5tina Corillini (appointed 7 August 2025)
Company number
2674755
Charity number
1008807
Registered office
The Headway Centre
Woodland Walk
Colchester
C04 6DH
Senior Management Team
Chief Executive Officer
Joanna Wright (left 13 December 2024)
Thomas Harrison tioined 10 March 2025)
Emma Mccullagh
Nicki Bryant
Sarah Wilson {left 11 April 2025)
Kelly Le Friant tioined 22 April 2025)
Sue Hayden Sargeant
Head of Services
HR Manager
Fundraising Manager
Company secretary &
Finance Manager
Independent examiners
Denmark Forrester
Chartered Accountants
Office 12. The Bentalls Centre
Colchester Road
Heybridge
CM9 4GD
Banker5
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Milling
Kent
ME19 4JQ
Lloyds Bank PLC
27 High Street
Colchester
COI IDU
Pa8e

HEADWAY ESSEX
(A company limited by guarantee)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
structure, governance and management
Governing document
The organisation is a charitable company limited by guarantee, incorporated 31 December 1991 and
registered as a charity 26 February 1992. The company was established under a Memorandum of
Association which established the objects and powers of the company and is governed under its Articles of
Association.
The liability of the Members in the event of Headway Essex being wound up is limited to a sum not
exceeding £1.
Appointment of trustees
The directors of the company (the charity) are also charity trustees for the purposes of charity law and
under the company's Memorandum and Articles are known as Trustees.
Under the provisions of the Articles:
li) The number of trustees shall not be less than three but (unless otherwise determined by ordinary
resolution) shall be subject to a maximum of twelve trustees who are appointed in accordance with
Article 44.
(ill Every annual general meeting one-third of the trustees who are subject to retirement by rotstion or, if
their number is not three or a multiple of three, the number nearest to one third shall retire from
office; but, if there is only one trustee who is subject to retirement by rotation, he or she shall retire.
Trustee induction and training
Each new Trustee is given a personalised induction programme and receives copies of the Cornpany
documents, details of policies and procedures, job description and code of conduct. Trustees are
encouraged to attend the Headway Centre and appropriate external training events where these
facilitate the undertaking of their role.
The trustees are responsible for the maintenance and integrity of the charity and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the
preparation and dissemination of financial statements may differ from legislation in otherjurisdictions.
Page

HEADWAY ESSEX
(A company Ilmited by 8uarantee}
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Organisation
The Charity is overseen Board of Trustees.
The Trustees are saddened at the retirement in September 2024, and subsequent passing in January 2025 of
Chris White-Thomson. Chris had been involved with the charity for over 30 years, and was its Chair for
many years.
The Treasurer. for almost 20 years, David Parkin, retired as Trustee in February 2025. The Board would
like to thank him for his many years of service.
The Chief Executive Officer has overall resL)onsibiliW for all aspects of service delivery and
development.
In December 2024 Joanna Wright stepped down as Chief Executive Officer after 27 years in the
organisation. The Board thank her for her many years of dedicated service.
The Board is delighted to announce the appointment of Tom Harrison as its new Chief Executive Officer.
Tom brings a wealth of experience within the health and wellbeing sector. The Board believe that under his
leadership the organisation will remain best equipped to continue and enhance its trajectory of success in
helping and supporting those who have suffered or been affected by acquired brain injury.
The Chief Executive Officer oversees a team of senior managers who are responsible for the
day-to-day operations of the charity. The managers have delegated authority for their areas of operation.
The Board of Trustees meet with the Chief Executive Officer and Finance Manager on a quarterly basis
to monitor the running and performance of the charity.
For the purposes of the Companies Act 21X)6 the Members of the Board are pla￿d in the same
position as a Board of Dirertors.
The Executive Committee, which comprises the Chair, Vice Chair, Chief Executive Officer and
Finance Manager meet on a monthly basis covering general work, service delivery and development,
funding and personnel.
Page

HEADWAY ESSEX
(A company Ilmlted by guarantee)
REPORT OF THE TrusfEES
FOR THE YEAR ENDED 31 MARCH 2025
Related parties and co-operation with other organlsatlons
Headway Essex works in partnership with many organisations. We are a condition specific organisation
who signpost to avoid duplication of services and who share resource5 and expertise to provide a
seamless service for our clients.
Headway Essex is please to have worked with the following organisations during the year:
University of Essex
East Suffolk and North Essex NHS Foundation Trust
Mid and South Essex NHS Foundation Trust
Peabody Trust
Essex City Council
East of England probation service
Find Your Active- Essex
Flexfit CIC
Pay policy for senior stsff
The board trustees, and the senior management team comprise the key management personnel of
the charity. All trustees give of their time freely and did not receive remuneration in the year. Details
of trustees, expense5 and related party transactions are disclosed in notes to the accounts.
The pay of the senior staff is reviewed annually and benchmarked against other organisations of
similar size and nature.
Risk management
The trustees have a risk management strategy which comprises:
An annual review of the principal risks and uncertainties that the charity faces.
A Risk Register is maintained that identifies potential risks and impact of those risks to each part
of the Charity.
The Register details the controls in place to mitigate each risk, together with the associated
monitoring processes. The risks, control and monitoring procedures are reviewed and reassessed
regularly.
Area5 Of potential improvement are identified and timetables for action implemented.
The Risk Register may be added to at any time.
Page

HEADWAY ESSEX
(A company Ilmlted by guarantee)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Trustees, responsibilities in relation to the financial ststements
The Trustees {who are also the directors of the Charity for the purposes of company law) are
responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under
common law, the Trustees must not approve the financial statements unless they are satisfied that they
give a true and fair view of the state of affairs of the Charity and of its incoming resources and
application of resources, including its income and expenditure, for that period. In preparing these
financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any
material departures disclosed and explained in the financial statements;
prepare the financial statements of the going concern basis unless it is inappropriate to presume
that the Charity will Continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the Charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence
for tsking reasonable steps for the prevention and detection of fraud and other irregularities.
Statement as to disclosure of infomiation to Independent examiners
So far as the trustees are aware at the time of approving our trustees, annual report:
there is no relevant information, being information needed by the independent examiner in
connection with preparing their report. of which the charity's independent examiner is unaware,
and
the trustees, having made enquiries of fellow directors and the charity's independent examiner
that they ought to have individually taken, have each taken all steps that he/she is obliged to take
as a director in order to make themselves aware of any relevant independent examination
information and to establish that the independent examiner is aware of that information.
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption.
The trustees declare that they have approved the trustees, report (including directors, report} above.
Approved by the Trustee Board on and slgned on its behalf
Ajo-f
Tony Emms
Vlce Chalr
Date: 16 October 2025
Page
io

HEADWAY ESSEX
{A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
I report to the trustees (who are also Directors for the purpose of company law} on my examination of the
financial statements of Headway Essex ('the charitable company,) for the year ended 31 March 2025 which
comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and related
notes.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities
Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters l am
required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do
not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for
my work, for this report, or for the opinions I have formed.
Responslblllties and basis of report
As the trustees of charitable company you are responsible for the preparation of the financial statements
in accordance with the requirements of the Companies Act 2006 ('the 2006 Art,).
Having satisfied myself that the financial statements of the charitable company are not required to be
audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my
examination of the charitable company's financial statements carried out under section 145 of the Charitie5
Act 2011 {'the 2011 ACY) and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 145{51(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an audit
and consequently does not cover all the matters that an auditor considers in giving their opinion on the
financial statements. The planning and conduct of an audit goes beyond the limited assurance that an
independent examination can provide. Consequently l express no opinion as to whether the financial
statements present a 'true and fairf view and my report is limited to those specific matters set out in the
independent examiner's statement.
Independent examiner's statement
Since the companvs gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of The Institute of Chartered Accountants in England and Wales, which is one of the listed
bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the company as required by section 386 of the
2006 Act; or
the accounts do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006
Act other than any requirement that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination; or
Page
li

HEADWAY ESSEX
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Report Standard applicable to the UK and
Republic of Ireland (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to
be reached.
Robert Easby
Chartered Accountsnt
Denmark Forrester
Date: 17 October 2025
Office 12, The Bentalls Centre
Colchester Road
Heybridge
CM9 4GD
Page
12

HEADWAY ESSEX
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING INCOME AND ￿PENDITuRE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Restrlcted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
103,923
477,505
69,842
7,849
7,085
109,344
213,267
477,505
69,842
7,849
7,085
232,840
434,733
42,306
7,244
1,361
Total income
666,204
109,344
775,548
718,484
Expenditure on
Raising funds
Charitable activities
161,498
590.298
161,498
740,414
196,573
623,479
150,116
Total expenditure
751,796
150,116
901,912
820,052
Net {expenditure)/income
Transfer between fund5
185,592)
9,671
(40,7721 {126,3641 1101,568)
(9,6711
19
Net movement in funds
(75,921)
{50,4431 1126,364> (101,568)
Reconclllation of funds
Total funds brought forward
Net movement in funds
849,593
(75,921)
120,738
970,331
1,071,899
(50,443) (126,364) (101,5&8)
Total funds carried forward
773,672
70,295
843,967
970,331
The Statement of financial artivities includes all gains and losses recognised in the year.
The notes on pages 16- 31 form part of these accounts.
Page
13

HEADWAY ESSEX
(A company limited by guarantee)
BALANCE SHEEr
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Tangible assets
13
407,674
419,302
Current assets
Stocks
Debtors
Cash at bank and in hand
14
15
159
78,183
403,905
386
91,818
501,573
482,247
593,777
Creditors: amounts falling due
within one year
16
44,106
39,422
Net current assets
438,141
554,355
Totsl assets less current Ilabllltles
845,815
973,657
Creditors: amounts falling due after
more than one year
17
1,848
3,326
843,967
970,331
Charlty funds
Restricted funds
19
70,295
120,738
Unrestricted funds:
Designated funds
General funds
19
19
125,000
724.593
773,672
Total unrestricted funds
773,672
849,593
Total funds
843,967
970,331
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The Members have not required the company to obtain an audit for the year in question in
accordance with sertion 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the
Act with respect to accounting records and preparation of financial statements.
The financial Statements have been prepared in accordance with the provisions applicable
to entities subject to the small companies regirne.
Approved and authorised for issue by the Trustees and signed on their behalf by:
ony Emms
Trustee
Date:
16 October 2025
The notes on pages 16- 31 form part of these accounts.
Page
14

HEADWAY ESSEX
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Cash flows from operating actlvltles
Net cash used in operating activities
(95,116)
30,362
Cash flows from investlng activities
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of fixed assets
7,849
7,244
(10,4011
{9,7711
Net cash used in Investlng activities
12,552)
12,527
Change in cash and cash equlvalents in the year
(97,668)
27,835
Cash and cash equivalents at the beginning of the year
501,573
473,738
Cash and cash equivalents at the end of the year
403,905
501,573
Reconclllatlon of net movement In funds to net cash
Net income/(expenditurel for the year
(126,364) (101,5681
Depreciation charge
Interest received
Decrease in debtors
Decrease in stock
Increasel{decreasel in cred itors
22,029
17,849)
13,635
227
3,206
21,620
17,244}
120,000
126
(2.572)
Net cash provided by/(used in) operating artlvltles
{95,116)
30,362
The notes on pages 16- 31 form part of these accounts.
Page
15

HEADWAY ESSEX
(A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
l General infomiatlon
The charity is a company limited by guarantee and has no share capital, and is registered
with the Charity Commission. The charity provides services and support across Essex to
persons with acquired brain injury.
The number of members at the end of the year was 7012024: 70).
The liability of each member or persons ceasing to be members within one year of the company's
winding up, towards payment of the company debts and liabilities, contracted before cessation
of membership, and winding up expenses is limited to £1.
2 Accountlng pollcles
2.1 Basis of preparation of flnanclal statements
The financial statements have been prepared in accordance with the Charities SORP
(FRS 102 - Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 2019),
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS1021 and
the Companies Act 2006.
Headway Essex meets the definition of a public benefit entity under FRS102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy.
2.2 Golng concern
The financial statement shave been prepared on a going concern basis as the trustees
believe no material uncertainties exist. The trustees have considered the level of funds
held and the level of income and expenditure for 12 months from authorising these
financial statements. The budgeted income and expenditure is sufficient level of reserves
for the charity to be able to continue to be able to continue as a going concern.
2.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that
the income will be received and the amount of the income receivable can be measure
reliably.
The recognition of income from legacies is dependent on establishing entitlement, the
probability of receipt and the ability to estimate with sufficient accuracy the amount
receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient
evidence that a gift has been left to them (through knowledge of the existence of a valid
will and the death of the benefactor) and the executor is satisfied that the property in
question will not be required to satisfy claims in the estate. Receipt of a legacy must
be recognised when it is probable that it will be received and the fair value of the amount
receivable, which will generally be the expected cash amount to be distributed to the
Charity, can be reliably measured.
Page
16

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Grants are included in the Statement of Financial Activities on a receivable basis. The
balance of the income received for specific purposes but not expended during the period
shown in the relevant funds on the Balance Sheet. Where income is received in advance
of entitlement of receipt, its recognition is deferred and included in creditors as deferred
income. Where entitlement occurs before income is re￿ived, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of
covenant is recogni5ed at the time of the donation.
Other income is recognised in the period which it is receivable and to the extent the goods
have been provided or on completion of the seniice.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer
economic benefit to a third party, it is probable that a transfer of economic benefit will
be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is classified by actlvity, The costs of each activity are made up of the total
direct costs and shared costs, including support costs involved in undertaking each activity.
Direct costs attributable to a single activity are allocated directly to that activity.
Shared costs which contribute to more that one activity and support costs which are not
attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time
spent, and depreciation charges allocated on the portion of the a55et's use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds
for its charitable purposes and includes costs of all fundraising activities, events and
non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which
further the Charity's objectives, as well as any associated sUPPOrt costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Government grants
Government grants relating to tangible fixed assets are treated as deferred income and
released to the Statement of Financial Activities over the expected useful lives of the
assets concerned. Other grants are credited to the Statement of Financial Activities as the
related expenditure is occurred.
2.6 Interest recelvable
Interest on funds held on deposlt Is included when receivable and the amount can be
measured reliably by the Charity; this is normally upon notification of the interest paid or
payable by the institution with whom the funds are deposited.
Page
17

HEADWAY ESSEX
{A company limited by guarantee)
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.7 Taxatlon
The Charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance
Act 2010 and therefore meets the definition of a charitable company for UK corporation
tax purposes.
Accordingly, the Charity is potentially exempt from taxation in respect of income or capital
gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act
or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income
or gains are applied exclusively to charitable purposes.
2.8 Tangible fixed assets and depreciation
Tangible fixed assets C05ting £nil or more are capitalised and recognised when future
economic benefits are probable and the costs or value of the asset can be measure reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost
model, tangible fixed asset5 are measured at costs less accumulated depreciation and
any accumulated impairment losses. All costs incurred to bring a tangible fixed asset
into its intended working condition should be included in the measurement cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual
value over their estimated useful lives, using the straight line method.
Depreciation is provided on the following basis:
Freehold property
Motor vehicles
Fixtures and fittings
2% straight-line on valuation of the building
25%
25% and 33.3%. and over 15 years
2.9 Stocks
Stocks are valued at the lower of costs and net realisable value after making due allowance
for obsolete and 51ow-moving stocks. Cost includes all direct costs and an appropriate
proportion of fixed and variable overheads.
2.10 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.11 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a
short maturity of three months or less from the date of acquisition or opening of the
deposit or similar account.
Page
18

HEAOWAY ESSEX
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.12 Llabllities and provisions
Liabilities are recognised when there 15 an obligation at the Balance Sheet date as a result
of a past event, it is probable that a transfer of economic benefit will be required in
settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the
debt or the amount it has received as advanced payments for the goods or services it must
provide.
Provisions are measured at the best estimate of the amounts required to settle the
obligation. Where the effett of the time value of money is material, the provision is based
on the present value of those amounts, discounted at the pre-tax rate that reflects the
risks specific to the lability. The unwinding of the discount is recognised in the Statement
of Financial Activities as a finance cost.
2.13 Financlal instruments
The Charity only has financial a55ets and financial labilities of a kind that qualify as baslc
financial instruments. Basic financial instruments are initially recognised at transaction
value and subsequently measured at their settlement value with the exception of bank
loans which are subsequently measured at amortised cost using the effective interest
method.
2.14 Flnance leases and hire purchase
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible
fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease
term and their useful lives. Assets acquired by hire purchase are depreciated over their
useful lives. Finance leases are those where substantially all of the benefit5 and risks of
ownership are assumed by the Charity. Obligations under such agreements are included in
creditors, net of the finance charge allocated to futures periods. The finance element of
the rental payment is charged to the Statement of Financial Activities so as to produce
constant periodic rate of charge on the net obligation outstanding in each period.
2.14 Operating leases
Rentals paid under operating leases are Charges to the Statement of Financial Activities on
a straight-line basis over the lease term.
2.16 Penslons
The Charity operates a defined contribution pension scheme and the pension charge
represents the amounts payable by the Charity to the fund in respect of the year.
Page
19

HEADWAY ESSEX
(A company1Smited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.17 Fund accounting
General funds are unrestricted fund5 which are available for the use at the discretion of
the Trustees in furtherance of the general objectives of the Charity and which have not
been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes. The aim and use of each designated fund is set out in the notes of
the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the Charity for particular purposes. The
costs of raising and administering such funds are charged against the specific fund. The
aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
3 Income from donations and legacies
Unrestrlct-
ed funds
2025
Restrlcted
funds Total funds Total funds
2025
2025
2024
Donations
Grants
52,723
51,200
13,507
95,837
66,230
147,037
38,724
194,116
103,923
109,344
213,267
232,840
Total
2024
82,924
149,916
232,840
Unrestrlct-
ed funds
2025
Restrlcted
funds Total funds Total funds
2025
2025
2024
4 Income from charitable activities
Attendance- Day Care
Minibus income- Day Care
Attendance - CSS
474,762
923
1,820
474,762
923
1,820
431,702
1,280
1,751
477,505
477,505
434,733
Page
20

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrict-
ed funds
2025
Restricted
funds Total funds Total funds
2025
2025
2024
5 Income from other trading actlvltles
Income from fundraising events
Fundraising events
Trading
69,435
407
69,435
407
42.162
69,842
69,842
42,306
Unrestrirt-
ed funds
2025
Restrlcted
funds Total funds Total funds
2025
2025
2024
6 Investment income
Bank deposit account interest
7,849
7,849
7,244
Unrestrict-
ed funds
2025
Restrlcted
funds Total funds Total funds
2025
2025
2024
7 Other Incoming resources
Other income
7,085
7,085
1,361
Unrestrlrt-
ed funds
2025
Restrirted
funds Total funds Total funds
2025
2025
2024
8 Expenditure on ralslng funds
Costs of ralslng voluntary income
Premises expenses
Other overheads
Office expenses
Service expenses
Fundraising promotion costs
Fundraising events
Other expenses
Other personnel costs
Staff costs
Depreciation
25,891
7,430
11.249
1.368
2,966
8,919
282
851
99,660
2,506
25,891
7,430
11,249
1,368
2,966
8,919
282
851
99,660
2,506
30,825
7,867
8,961
2,078
3,055
6,518
66
1,769
133,283
2,151
161,122
161,122
196,S73
Page
21

HEADWAY ESSEX
(A company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrict-
ed funds
2025
Restricted
fvnds Total funds Total funds
2025
2025
2024
8 Expenditure on raising funds
Continued
Fundraising trading expenses
Cost of goods sold
376
376
Unrestrict-
ed funds
2025
Restricted
funds Totsl funds Total funds
2025
2025
2024
9 Analysis of expenditure by activities
Day care services
Community support services
Minibus
392,129
192,390
5,779
111,185
38,931
503,314
231,321
5,779
354,452
263.080
5.947
590,298
150,116
740,414
623,479
Total
2024
432,874
190,605
623,479
Total fvnds Total funds
2025
2024
Day care services
Community support services
Minibus
Support costs
467,529
215,984
5,779
51,122
318,706
247,760
5,947
51,066
740,414
623,479
Page
22

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of dlrect costs
Total funds Total funds
2025
2024
Staff costs
Depreciation
Other personnel expenses
Premises expenses
Other overheads
Seniice expenses
Office expenses
Other expenses
Sundry fixed assets
Transport expenses
Gain on disposal of fixed asset
525,365
19,332
5,729
47,835
2,762
55,098
25,186
104
1,742
5,779
400,193
18,082
10,668
52,128
2,730
57,255
23,900
333
1,171
5,947
688,932
572.407
Analysis of support costs
Total funds Total funds
2025
2024
Staff costs
Depreciation
Other personnel expenses
Premises expenses
Other overheads
Service expenses
Office expenses
Other expen5e5
Sundry fixed assets
Auditors remuneration
Independent examination
14,848
190
504
17,938
8,405
1,483
3,280
1.328
246
30,305
1,387
533
1,222
8,623
788
2,684
1,122
156
420
3,000
3,840
51,222
51,080
10 Auditors remuneratlon / Independent examination
2025
2024
Independent examination fees
Audit fees
Other services
3,01)0
3,840
420
14
3,000
4,274
Page
23

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11 Staff costs
2025
2024
Wages and salaries
Social security costs
Defined contribution pension scheme contributions
580,594
47,632
11,647
512,784
40,061
10,936
639,873
563,781
The average number of persons employed during the year was:
2025
No.
li
2024
No.
Day care
Community 5UPPOrt services
Fundraising. publicity and finance
Governance of the charity
24
22
No employees received remuneration amounting to more than £60,000 in either year.
12 Trustees, remuneration and expenses and cost of key management personnel
The trustees received no remuneration nor expenses during both the current and preceding year.
Total employee benefits of the key management personnel of the charity were £209,732
(2024 £199,285).
Freehold
property
Motor
Fixtures
vehicles and fittings
13 Tangible fixed assets
Total
Cost or valuation
At l April 2024
Additions
Disposals
350,000
52,908
195,912
10,401
598,820
10,401
At 31 March 2025
350,000
52,908
206,313
609,221
Depreciation
At l April 2024
Charge for the year
Eliminated on disposal
12,000
3,000
10,102
6,735
157,416
12,294
179,518
22.029
At 31 March 2025
15,000
16,837
169,710
201,547
Net book value
At 31 March 2025
335,0(M)
36,071
36,603
407,674
At 31 March 2024
338,000
42,806
38,496
419,302
The historial cost was, and the net book value on thi5 basis, of the Freehold Property is £321,538.
Page
24

HEAOWAY ESSEX
IA company limited by guarantee)
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14 Stocks
2025
2024
Finished 8oods for resale
159
386
15 Debtors
2025
2024
Due within In year
Other debtors
Prepayments and accrued income
33,697
44,486
54,948
36,870
78,183
91,818
16 Creditors: Amounts falling due within one year
2025
2024
Trade creditors
Other taxation and social security
Obligations under finance lease and hire purchase contracts
Other creditors
Accruals and deferred income
2,129
10,022
1,478
5,428
25,049
9,308
6,233
1,478
2,158
20,245
44,106
39,422
17 Credltors: Amounts falling due after more than one year
2025
2024
Obligations under finance lease and hire purchase contracts
1,848
3,326
18 Financlal instruments
2025
2024
Financial assets
Financial assets measured at fair value through
income and expenditure
403,905
501,573
Financial assets measured at fair value through income and expenditure comprise
bank balances.
Page
25

HEADWAY ESSEX
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
19 Statement of funds
Current year
At l April
2024
At31
Transfers March 2025
Income
Costs
Unrestricted funds
Deslgnated funds
South Essex Day Centre
Property fund
25,000
loo,000
(25.000}
(100,000)
125,000
(125,000)
General funds
General funds
General funds re fixed assets
305,291
419,302
666,204
740,168
11,628
134,671
365.998
407.674
724,593
666,204
751,796
134,671
773,672
Total unrestricted funds
849,593
666,204
751,796
9,671
773,672
Restrlcted funds
Colchester Catalyst-uni Project
SEE Health Inequalities Fund
Dage Precision Industries- Norsden Trust
FSJ Charities
Lottery- South Essex Hub
NEE Wellbeing Alliance
LHC Community Benefit Fund
ECC- Carers
Screw Fix
Colchester Catalyst- Respite
Colchester CC- Fitness Trainer
ECC PHAB
Provide Community
Charles S French Charitable Trust
G Harris
Essex Freemasons
Black Boy pub
A Demain
Black Water Law
9,149
7,199
2,000
2,268
15,738
15,954
5,000
19,139
9,149
2,060
2,000
1,031
39,425
17,636
1,250
17,544
41
13,670
2,720
40,817
5,139
1,237
23,687
29,255
27,573
3,750
1,595
447
488
13,670
2,720
65,308
2,000
24,491
375
2,727
107
(1,625)
3,000
107
10,000
800
100
2,500
273
(8,046
1,954
loo
2,500
120,738
109,344
150,116
19,6711
70,295
Total fvnds
970.331
775,548
901.912
843,967
Page
26

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
19 Statement of funds
Continued
Restricted Funds
Colchester Catalyst-uni Project
Funding for a project run with Essex University involving Students and clients.
SEE Health Inequalities Fund
This grant is for a Southend hospital link worker and a support group in the area.
DaEe Precision Industries- Norsden Trust
A grant to purchase gym equipment.
FSJ Charities
The amount provides support for the running of the Mid Essex Support Group.
Lottery - South Essex Hub
Funding from Lottery Reaching Communities Fund for 3 years from October 2021 to support
Community Support and Support Groups in South West Essex.
NEE Wellbeing Alliance
This represent5 amounts received to fund support worker costs to provide a first line support
service in North East Essex.
LHC Community Benefit Fund
This funds the Brain Injury and Me courses running from March to May 2025.
ECC- Carer5
This supports the carers training work shops run by both the North and South hubs.
Screw Fix
An amount was donated to purchase a shed in the grounds of Headway House. The shed has
been purchased and erected. The balance represents the remaining amount to buy shelving and
paint for the building.
ECC PHAB (Public Health Accelerator Bid)
£65,308 was received to fund a hospital link worker role and to deliver general health checks, for
the early indication and prevention of potential serious health conditions. Funding is for 2 years
from April 2024.
Provide Community
Provided for the purchase of sensory therapy equipment.
Charles S French Charitable Trust
This amount was provided to fund the Young Circle Group.
Essex Freemasons
This amount was provided to cover the costs of surveys, legal and architect costs in relation to the
building if an extension with gym facilities.
Other
G Harris, the Black Boy pub and A Demain donated for items or activities at the North Hub.
Black Water Law
This amount re5presents funds to Support the running for the Essex University Project.
Page
27

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 31 MARCH 2025
19 Statement of funds
Contlnued
Prior year
31 March
2024
l Aprll 2023
Income
Transfers
Unrestricted funds
Designated funds
Property fund
South Essex Day Centre
loo,000
25,000
loo,000
25,000
125,000
125,OCM)
General fund5
General funds
General funds re fixed assets
353,866
112,770
567,948
617,597
11,850
1,074
318,382
305,291
419,302
466,636
567,948
629,447
319,456
724,593
Total unrestricted funds
591,636
567,948
629,447
319,456
849,593
Restrirted funds
Specific grants and donations
Day centre purchase
Tendering CVS
Lottery Reaching Communities Fund -
South Essex Hub
Stay Well
Improving Lives
Carers work shops
Screwfix - shed
Colchester Catalyst Respite
Community 360 bursary
ECC Phab
Provide Community
CS French
Poulton
Benfleet Ladies Section
2.627
318.382
15.843
{2,627)
(318,382)
15.843
102,305
16,828
36,954
2,583
1,681
4,097
12,480
4,493
65,308
2,000
3,492
250
370
97.973
7,699
45,000
1,681
1,324
12,480
4,493
2,527
23,687
29,255
41,106
1,311
{2,285)
488
65,308
2,000
3,492
250
370
480,263
150,536
190.605
(319,456)
120,738
Total funds
1.071.899
718,484
820.052
970,331
Page
28

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
20 Summary offunds
Current year
At l April
2024
Transfers
At31
in/(out) March 2025
Income
Costs
Designated funds
General funds
Restricted funds
125,000
724,593
120,738
1125,000)
134,671
19,671)
666,204
109,344
(751,7961
{150,1161
773.672
70,295
970,331
775,548
{901,9121
843,967
Prior year
Income
Costs
Transfers
At31
Designated funds
General funds
Restricted funds
125,000
466,636
480,263
125,000
724.593
120,738
567,948
150,536
629,447
190,605
319,456
1319,4561
1.071,899
718,484
820,052
970,331
21 Analysis of net assets between funds
Current year
Unrestrirted
Restrlcted
Total
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
407,674
411,952
(44,1061
11,8481
407,674
482,247
(44, 106)
{1,848)
70,295
773,672
70,295
843,967
Prior year
Unrestrlcted
Restrirted
Total
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
419,302
473,039
(39,422)
{3,326)
419,302
593,777
139,4221
(3,3261
120,738
849,593
120,738
970.331
Page
29

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
22 Analysis of Changes in net debt
At l April
At31
2024 Cash flows March 2025
Cash at bank and in hand
Finance leases
501,573
14,8041
{97,668)
1,478
403,905
(3.326)
496,769
{96,190)
400,579
23 Capital commitments
There were no capital commitments at the current and prior year ends
24 Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the charity in an independently administered fund. The pension cost
charge represents contributions payable by the charity to the fund amounts to £ 11,647
{2024- £ 10,9361.
25 Operating lease commitments
At 31 March 2025 the charity had commitments to make future rninimum lease payments under
non-cancellable operating lease as follows:
2025
2024
No later than one year
Later than one year and not later than fjve years
54,003
32,234
54,003
32,234
86,237
86,237
26 Finance lease commitments
Net obligations repayable
2025
2024
Within one year
Between two and five years
1,478
1.848
1,478
3,326
3,326
4,804
Page
30

HEADWAY ESSEX
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
27 Members. liability
Each member of the charitable company undertakes to Contribute to the assets of the company
in the event of it being wound up while they are a member, or within one year after they ceases
to be a member, such amounts as may be required, not exceeding £1 for the debts and liabilities
contracted before they Ceases to be a member.
28 Related party transactions
There were no related party transactions in the current nor previous period.
Pa8e
31

HEADWAY ESSEX
{A company limited by guarantee)
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2025
2024
2024
Voluntary Income
Donations
Gift Aid
Grants
61,485
4,745
147,037
31,475
7,249
194,116
213,267
232,840
Artivities for generating funds
Fundraising events
Trading
69,435
407
42,162
144
69,842
42,306
Investment income
Bank interest
7,849
7,244
7,849
7,244
Incoming resources from charitable activities
Attendance
Minibus income
Training
477,104
923
433,687
1,280
478,027
434,967
other incoming resources
Other income
6,563
1,127
6.563
1.127
Total Income
775,548
718,484
Page
32

HEADWAY ESSEX
{A company limited by guarantee)
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2025
2024
2024
Cost of generating voluntary income
Wages
Social security
Pension
Other personnel expenses
Premises and insurance expenses
Other overheads
Sundry fixed assets
Service expenses
Office expenses
Fundraising promotion costs
Fundraising events
Other expenses
Depreciation
Cost of good5 sold
90,136
7,461
2,063
851
25,891
7,430
117
1,368
11,249
2,966
8,919
165
2,506
376
121,483
9,071
2,729
1,769
30,825
7,867
2,078
8,961
3,055
6,518
66
2,151
161,498
196,573
Charitable actlvltles
Wages
Social security
Pension
Other personnel expenses
Premises and insurance
Other overheads
Sundry fixed assets
Service expense5
Transport expenses
Office expenses
Other expenses
Depreciation
Gain on disposal
476,828
39,268
9,269
5,826
47,835
2,762
1,742
55,001
5,779
25,529
104
19,332
364,528
28,157
7,508
10,668
52,128
2,730
1,171
57,255
5,947
23,906
333
18,082
689,275
572,413
Page
33

HEADWAY ESSEX
(A company limited by guarantee)
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2025
2024
2024
Governance costs
Wages
Social security
Pension
Auditors remuneration
Independent examination
Other personnel costs
Premises and insurance
Other overheads
Sundry fixed assets
Service expenses
Transport expenses
Office expenses
Other expenses
Depreciation
13,630
903
315
26,773
2,833
699
420
3,840
533
1,222
8,609
156
788
3,000
504
17,938
8,405
246
1,483
3,280
1,328
190
2,684
1,108
1,387
51.222
51,052
Totsl expenses
901,995
820,038
Surplus/(deficit)
(126,447}
(101,554)
The notes on pages 16- 31 form part of these accounts.
Page
34