**REGISTERED COMPANY NUMBER: 02976335 (England and Wales) REGISTERED CHARITY NUMBER: 1043300**
## **TRUSTEES' REPORT AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
**FOR**
**HEADLINERS (UK)**
Read, Milburn & Co 71 Howard Street North Shields Tyne and Wear NE30 1AF
**HEADLINERS (UK)**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Chair Foreword 2024**|2|
|**Trustees' Report**|3 to 7|
|**Independent Examiner's Report**|8|
|**Statement of Financial Activities**|9|
|**Balance Sheet**|10 to 11|
|**Notes to the Financial Statements**|12 to 21|
|**Impact Report**|23 to 34|
**HEADLINERS (UK)**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024**
**Registered Company number** 02976335
**Registered Charity number** 1043300
## **Registered office**
Toffee Factory, Lower Steenbergs Yard, Ouseburn, Newcastle upon Tyne, NE1 2DF
|**Trustees**|||
|---|---|---|
|Jonathan Hudson|Chairperson||
|Dr David Baines|Deputy Chairperson||
|Eshe Nelson|||
|Maggie Taggart||retired 9 October 2024|
|Gana Alampalle||retired 14 September 2023|
|Alex Brookes||retired 14 September 2023|
|Emma Corry||retired 14 September 2023|
|David Izamoje||retired 14 September 2023|
|Niall Parfitt||retired 14 September 2023|
|Eva Keogan||retired 14 September 2023|
|Darell Philip||retired 14 September 2023|
|**Senior Management**|**Team**||
|James Hunt|Chief Executive|until October 2024|
|Holly Ayrton|Charity Manager|from November 2024|
## **Independent Examiner**
Read, Milburn & Co., 71 Howard Street, North Shields, NE30 1AF
## **Bankers**
Barclays Bank PLC, Islington and Camden Business Centre, PO Box 3474, London, NW1 7NQ
## **Solicitors**
Pinsent Masons, 30 Crown Place, London, EC2A 4ES
Page 1
## **HEADLINERS (UK)**
## **CHAIR FOREWORD 2024 FOR THE YEAR ENDED 31 MARCH 2024**
As Chair of Headliners (UK), it is my privilege to present our Annual Accounts for 2023/24. This year has been a testament to the resilience, creativity, and determination of our organisation and the young people we serve. Despite facing significant challenges, we have continued to empower young voices and make a meaningful impact in our communities.
## **Reflecting on Our Journey**
Headliners (UK) has a nearly 30-year history of advocating for young people, providing them with platforms to share their stories and opinions through our unique media and journalism programmes. This year, we have worked with 240 young people, helping them to develop their skills, build confidence, and engage with their communities. Our impact is evident in the feedback we receive: over 92% of our participants felt their contributions were valued, and nearly 97% felt empowered to express their opinions.
## **Adapting to Change**
In 2023, we made the difficult decision to close our offices in London and Northern Ireland due to funding challenges. This strategic move allowed us to consolidate our resources and focus on the North East, where we have stronger funding partnerships and can make a more significant impact. This decision, though tough, has enabled us to not only survive but thrive, ensuring that our work continues to benefit young people. This change has also meant changes in the leadership of the organisation. We have grown our board, to reflect a focus on the North East. In addition, we have appointed a new charity manager to lead the organisation through the next stage of its development.
But this change also meant we had to say goodbye to long standing board members, that supported our work in London and Northern Ireland. We thank them for their time and support.
As we move forward, our vision remains clear: a world where young people's voices are heard, where they believe in themselves, and are empowered to make the changes they want to see. Our mission is to provide platforms for young people to share their voices, challenge the world around them, and build their selfconfidence.
## **Optimism for the Future**
Despite the challenges, we are optimistic about the future. Our commitment to young people is unwavering, and we are confident that our strategic direction will lead to even greater impact. We will continue to adapt, innovate, and advocate for the voices of young people, ensuring they are heard and valued.
Thank you to our supporters, funders, and partners for your continued belief in our mission. Together, we will create a brighter future for the young people we serve.
Jonathan Hudson Chairperson
Page 2
**HEADLINERS (UK)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 102) (effective 1 January 2019).
## **Structure, Governance and Management**
Headliners (UK) is a company limited by guarantee, not having a share capital, and is governed by a Board of Trustees, the members of which are the directors of the Company. The charity's governing document is its Articles of Association. Trustees are externally recruited and selected then appointed by ordinary resolution for an initial three-year term, which can be extended.
It is the policy of the charity that there is representation of young people and former Headliners (UK) members on the Board of Trustees. Young people are involved across all sections of the organisation including the annual planning cycle and developing strategy. The charity's ethos is encourage the participation of young people. Young people are involved in the recruitment of key charity positions and key decision making in the charity including our strategy.
The day-to-day operation of the charity is now managed by the Chief Executive, who reports to the Board of Trustees and who is supported by a small senior management team. The senior management team meets at monthly intervals and the Board meets five times per year. There are two sub committees that operate in support of the Board of Trustees. These are the Finance, Fundraising and Communications Sub Committee and the Delivery and Operations Sub Committee.
## **Financial Review**
During the 2023-24 financial year, Headliners (UK) made a net deficit of £155,702 (2022-23 £43,815) resulting in total funds carried forward of £4,694 (2022-23 £160,396).
## **Going Concern**
The trustees recognise that the level of reserves at the balance sheet date is a serious concern, however the funding pipeline indicated that sufficient income woud be available to keep the charity in operation throughout 2024-25 and beyond and, combined with strategic measures already implemented, the it the opinion of the trustees that the charity is a going concern.
## **Reserves Policy**
The Trustees have determined that a target reserves level of £60,000 is both realistic and appropriate. This represents 18 months of core costs not supported by guaranteed income streams which is felt to provide sufficient protection for the organisation.
## **Management of Risk**
The Trustees have a risk management strategy which comprises:
- An annual review of the risks the charity may face.
- Regular monitoring by the charity's Finance, Fundraising and Communications Sub Committee and the Risk Register is reported to the Board of Trustees quarterly.
- The establishment of systems and procedures to mitigate those risks identified in the plan.
- The implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.
This work has identified that financial sustainability is the key focus for the charity and building up of the unrestricted reserves for the charity through new sources of income and new contract income. Attention has also focussed on non-financial risks arising from safeguarding and child protection.
Page 3
## **HEADLINERS (UK)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024**
## **About Headliners**
Headliners (UK) works with young people across North East England and formerly London to empower young people to share their voices, stories and the stories of others through unique our unique media and journalism programmes.
We support young people to have a voice on issues that matter locally such as transitioning to independent living, acquiring skills for work and dealing with isolation amongst other things.
Headliners has a near 30 year track record of advocating for young people on issues that affect them, inspiring them to investigate the world around them, offering opportunities to enhance their future life chances through education and empowering them by amplifying their voices.
Headliners unique approach blends the skills of qualified Community and Youth Workers with the experience of professional journalists to deliver a holistic, youth-focussed multimedia programme that champions and amplifies youth voice.
## **Our Projects 2023/24**
## **Aiming High**
Aiming High works with young people from Migrant, Refugee and Asylum Seeker backgrounds offering them the opportunity to become more digitally and financially literate as well as exploring the world through a creative lens using journalism and media as a tool for investigation into issues that affect them.
This project was kindly funded by The Santander Foundation.
## **Digital Transitions**
Digital Transitions works with young people who are care experienced to support them with the transition into adulthood. This project empowers young people to explore these transitions through media and journalism, supports them back into education, training and employment, helps map out their futures and gives them the confidence to move into adulthood.
This project was kindly funded by Lloyds Bank Foundation and The Community Foundation.
## **Tyne on Your Side (TOYS)**
Tyne on Your Side works with young people who are care experienced and NEET or at risk of becoming NEET and supports them back into education, employment and training by supporting them to plan for the future and gain valuable employment skills.
This project was kindly funded by NTCA and The Community Foundation.
## **Bright Sparks**
Bright Sparks Supports young people who are living independently for the first time to save money through energy awareness as well as ensuring that they remain safe through Carbon Monoxide awareness.
This Project was Kindly Funded by Northern Gas and Power Community Partnership.
## **Breaking Through the Headlines**
Breaking Through the Headlines supports young people whose life circumstances mean they are at greater risk of radicalisation to support them to make better life decisions through exploring the world through media and journalism.
Page 4
## **HEADLINERS (UK)**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 MARCH 2024**
## **London Green Champions**
London Green Champions works with young people who are passionate about natural environment and share concerns regarding its decline, overall the project encourages a greater appreciation of the environment.
This project was kindly funded by The Community Fund and The Jack Petchy Foundation.
## **Safe Spaces London**
Safe Spaces works with young people to improve their emotional wellbeing through exploration of body positivity and mental health through multi-media and Journalism.
This project was kindly funded by The Edward Gostling Foundation and Old Street District Partnership.
## **Our Impact**
## **In 2023/24 we worked with 240 young people. Our Impact shows:**
- 92.08% of our young people said they felt their contribution was valued
- 92.50% of our young people said they cared about their community more.
- 97.08% of our young people said they felt they were able to give their own opinion.
- 88.33% of our young people felt more confident talking to groups of people.
## **Headliners New Strategic Direction**
In 2023 Headliners (UK) closed its offices in London and Northern Ireland due to funding challenges. These closures reflect the broader difficulties faced by many non-profits in sustaining local operations, particularly in regions where securing consistent financial support is challenging.
The charity shifted focus to consolidate its resources and continue delivering projects in the North East, where it could maintain stronger funding partnerships and community impact.
Although these decisions were hard this has allowed Headliners (UK) not only to survive but thrive. Whilst ensuring that Headliners work continues to impact young people's lives by empowering them to share their voices through our unique media and journal ism programmes.
## **Our Strategy 2024-2029**
## **Our Vision**
Our vision is a world where young people's voices are heard. Where they believe in themselves, are empowered to share their views, talk about what matters to them and make the changes they want to see in the world.
## **Our Mission**
Our mission is to provide a platform for young people to share their voices, challenge the world around them, build their self-confidence and promote young people's right to be heard as equals.
## **Our Purpose**
Our purpose is to work with young people to create meaningful opportunities for them to share their voices through creative media and journalism.
Page 5
## **HEADLINERS (UK)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024**
## **Our Values**
- Young people's voices are powerful, they should be heard and listened to.
- Young people's opinions are valid, they deserve a platform to share their views.
- Young people are talented, creative and deserve to be nurtured and supported to create a positive future.
- Young people deserve equal access to inclusive opportunities and the resources they require to fulfil their potential.
- Young people should feel safe and be supported without judgement.
## **Our Core**
## **Empower**
Provide young people the resources and a platform to speak up for themselves, share their opinions and tell their stories.
## **Educate**
Offer young people opportunities to develop their skills, to understand their community, know their rights and learn more about issues that affect them.
## **Advocate**
Enable young people to speak up for themselves, promoting the authentic voice of young people in their community as engaged citizens and young journalists.
## **Young People's Voice**
We are deeply committed to ensuring that young people's voices are prioritised at every stage or our programmes. We will continue to involve young people in our decision making processes, from planning and development to execution and evaluation of our projects. We will foster an environment where young people feel valued and heard. This participatory approach will enhance the relevance and impact of our programmes but also empower young people to take an active role in shaping their futures and advocating for issues that matter to them.
## **North East Focus**
By embracing funding challenges, Headliners UK will focus on opportunities in the North East region. This focus will provide more sustainable programmes and help to bridge the gap in regional youth representation in the media and empower young people to become active, informed citizens capable of influencing positive change in their community.
## **Youth Work and Journalism Collaboration**
We will place a strong emphasis on the collaboration between youth work and journalism, recognising the powerful synergy this partnership can create. By integrating youth work principles into journalism, we will empower young people to explore and tell stories on issues that affect their lives and communities whilst ensuring all young people receive access to youth work support.
## **Regional Growth**
We will ensure that more young people in The North East have the opportunity to access Headliners through a wider regional offering, with development into areas not previously served. Giving more young people a chance to take part in youth journalism and creative media.
## **Strong and Sustainable Charity**
Through a proactive approach to governance, the charity will focus on, financial stability, long-term impact and community relevance. We will achieve this through strategic planning, diversifying funding sources and continuously assessing and responding to the needs of the community. Crucially ensuring our programmes remain digitally relevant, effective and impactful for young people. We will invest in our team to maintain a skilled and motivated organisation.
Page 6
**HEADLINERS (UK)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Headliners (Uk) for the purposes of company law) are responsible for preparing the Annual 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 which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 19 December 2024 and signed on its behalf by:
WL. Jonathan Hudson - Chairperson
Page 7
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADLINERS (UK)**
## **Independent examiner's report to the trustees of Headliners (Uk) ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
## oak
Nicholas J Liley FCA The Institute of Chartered Accountants in England and Wales
Read, Milburn & Co 71 Howard Street North Shields Tyne and Wear NE30 1AF
19 December 2024
Page 8
## **HEADLINERS (UK)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
928
**Charitable activities**
England-wide operations
37,520
NI (Belfast & Derry Bureaux)
-
Investment income
2
2
Other income
1,426
**Total**
39,876
**EXPENDITURE ON**
Raising funds
19,976
**Charitable activities**
England-wide operations
77,733
NI (Belfast & Derry Bureaux)
6,269
**Total**
103,978
**NET INCOME/(EXPENDITURE)**
(64,102)
**Transfers between funds**
11
(1,555)
**Net movement in funds**
(65,657)
**RECONCILIATION OF FUNDS**
Total funds brought forward
70,351
**TOTAL FUNDS CARRIED FORWARD**
4,694|Restricted
funds
£
-
128,795
(8,526)
-
-
120,269
-
201,835
10,034
211,869
(91,600)
1,555
(90,045)
90,045
-|2024
Total
funds
£
928
166,315
(8,526)
2
1,426
160,145
19,976
279,568
16,303
315,847
(155,702)
-
(155,702)
160,396
4,694|2023
Total
funds
£
4,107
434,021
19,221
3
-
457,352
20,514
434,905
45,748
501,167
(43,815)
-
(43,815)
204,211
160,396|
|---|---|---|---|
The notes form part of these financial statements
Page 9
## **HEADLINERS (UK) (REGISTERED NUMBER: 02976335)**
## **BALANCE SHEET 31 MARCH 2024**
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2024
£
1,576
12,020
61,252
73,272
(70,154)
3,118
4,694
4,694
4,694
-
4,694|2023
£
3,583
51,576
180,878
232,454
(75,641)
156,813
160,396
160,396
70,351
90,045
160,396|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 10
## **HEADLINERS (UK) (REGISTERED NUMBER: 02976335)**
## **BALANCE SHEET - continued 31 MARCH 2024**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 19 December 2024 and were signed on its behalf by:
## WoL.
Jonathan Hudson – Chairperson
The notes form part of these financial statements
Page 11
**HEADLINERS (UK)**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
## **Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 12
**HEADLINERS (UK)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Debtors**
Trade and other debtors (including prepayments) are recognised at the settlement amount due or amount prepaid) net of any trade discounts.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments.
## **Creditors**
Trade and other creditors (including accruals) are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount nett of any trade discounts.
## **Financial instruments**
All financial assets and financial liabilities of the charity qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||||
|---|---|---|---|---|
||2024||2023||
||£||£||
|Interest receivable||2||3|
## **3. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Depreciation - owned assets
Independent examiner's remuneration, including irrecoverable VAT|2024
£
2,007
1,560|2023
£
4,554
2,160|
|---|---|---|
continued...
Page 13
**HEADLINERS (UK)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **5. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
|Wages and salaries
Social security costs
Other pension costs|2024
£
176,238
12,325
3,102
191,665|2023
£
274,776
21,051
4,666|
|||300,493|
The average monthly number of employees during the year was as follows:
|Administrative staff
Direct charitable work|2024
1
5
6|2023
1
10|
|---|---|---|
|||11|
No employees received emoluments in excess of £60,000.
The key management personnel of the charity are listed under Reference and Administrative Details. The total employee benefits of the key management personnel of the charity were £56,693 (2023 - £56,584).
continued...
Page 14
## **HEADLINERS (UK)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
4,107
-
**Charitable activities**
England-wide operations
190,322
243,699
NI (Belfast & Derry Bureaux)
-
19,221
Investment income
3
-
**Total**
194,432
262,920
**EXPENDITURE ON**
Raising funds
20,514
-
**Charitable activities**
England-wide operations
231,286
203,619
NI (Belfast & Derry Bureaux)
38,732
7,016
**Total**
290,532
210,635
**NET INCOME/(EXPENDITURE)**
(96,100)
52,285
**Transfers between funds**
(13,665)
13,665
**Net movement in funds**
(109,765)
65,950
**RECONCILIATION OF FUNDS**
Total funds brought forward
180,116
24,095
**TOTAL FUNDS CARRIED**
**FORWARD**
70,351
90,045|Total
funds
£
4,107
434,021
19,221
3
457,352
20,514
434,905
45,748
501,167
(43,815)
-
(43,815)
204,211
160,396|
|---|---|
continued...
Page 15
## **HEADLINERS (UK)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **7. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2023 and 31 March 2024
**DEPRECIATION**
At 1 April 2023
Charge for year
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments
Accrued income
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Other creditors
Accruals
Deferred income|Plant and
machinery
£
25,208
21,625
2,007
23,632
1,576
3,583
2024
2023
£
£
-
34,661
1,000
928
-
10,003
11,020
5,984
12,020
51,576
2024
2023
£
£
7,844
11,754
1,699
2,269
306
-
1,560
2,160
58,745
59,458
70,154
75,641|
|---|---|
continued...
Page 16
## **HEADLINERS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **10. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
funds
£
Fixed assets
1,576
Current assets
14,527
Current liabilities
(11,409)
4,694
**11.**
**MOVEMENT IN FUNDS**
At 1/4/23
£
**Unrestricted funds**
England-wide Operations
66,768
Northern Ireland Operations
-
Designated funds
3,583
70,351
**Restricted funds**
Jack Petchey
317
Co-Ray Project
11,250
Lloyds TSB Engage
4,733
London Wildlife Fund
770
ESF Equip Community Leaders
3,663
Santander
22,895
Postcode Lottery
568
NE Youth
1,600
Community Foundation NCS
750
Education authority for Northern
Ireland
9,094
Dept of Justice
9,466
London's Young Platinum Green
Champions
7,452
Breaking Through the Headlines
6,483
Tyne on Your Side
5,117
Kickstarter
5,887
Owt or Nowt
-
90,045
**TOTAL FUNDS**
160,396|Restricted
funds
£
-
58,745
(58,745)
-
Net
movement
in funds
£
(55,826)
(6,269)
(2,007)
(64,102)
(317)
(11,250)
(4,733)
(770)
(3,663)
(22,895)
(568)
(1,600)
(750)
(9,094)
(9,466)
(7,746)
(6,483)
(5,201)
(5,887)
(1,177)
(91,600)
(155,702)|2024
Total
funds
£
1,576
73,272
(70,154)
4,694
Transfers
between
funds
£
(7,824)
6,269
-
(1,555)
-
-
-
-
-
-
-
-
-
-
-
294
-
84
-
1,177
1,555
-|2023
Total
funds
£
3,583
232,454
(75,641)
160,396
At
31/3/24
£
3,118
-
1,576
4,694
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,694|
|---|---|---|---|
continued...
Page 17
## **HEADLINERS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
England-wide Operations
Northern Ireland Operations
Designated funds
**Restricted funds**
Jack Petchey
Co-Ray Project
Lloyds TSB Engage
London Wildlife Fund
ESF Equip Community Leaders
Santander
Postcode Lottery
Old Street
NE Youth
Community Foundation NCS
Education authority for Northern
Ireland
Dept of Justice
Edward Gostling Foundation
London's Young Platinum Green
Champions
Breaking Through the Headlines
Tyne on Your Side
Kickstarter
Bright Sparks
Owt or Nowt
**TOTAL FUNDS**|Incoming
resources
£
39,876
-
-
39,876
1,350
-
11,104
-
-
49,993
-
3,500
-
-
(5,005)
(3,521)
12,000
15,950
-
19,640
-
12,763
2,495
120,269
160,145|Resources
Movement
expended
in funds
£
£
(95,702)
(55,826)
(6,269)
(6,269)
(2,007)
(2,007)
(103,978)
(64,102)
(1,667)
(317)
(11,250)
(11,250)
(15,837)
(4,733)
(770)
(770)
(3,663)
(3,663)
(72,888)
(22,895)
(568)
(568)
(3,500)
-
(1,600)
(1,600)
(750)
(750)
(4,089)
(9,094)
(5,945)
(9,466)
(12,000)
-
(23,696)
(7,746)
(6,483)
(6,483)
(24,841)
(5,201)
(5,887)
(5,887)
(12,763)
-
(3,672)
(1,177)
(211,869)
(91,600)
(315,847)
(155,702)|
|---|---|---|
continued...
Page 18
## **HEADLINERS (UK)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **11. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
England-wide Operations
Northern Ireland Operations
Designated funds
**Restricted funds**
Heritage Lottery
Jack Petchey
Co-Ray Project
Lloyds TSB Engage
London Wildlife Fund
Young Londoners
ESF Equip Community Leaders
Santander
Postcode Lottery
Old Street
NE Youth
Community Foundation NCS
National Lottery Community Fund
Empowering YP
Education authority for Northern
Ireland
Dept of Justice
Edward Gostling Foundation
London's Young Platinum Green
Champions
Breaking Through the Headlines
Tyne on Your Side
Kickstarter
**TOTAL FUNDS**|At 1/4/22
£
150,844
23,257
6,015
180,116
(862)
124
11,278
5,553
770
(2,200)
(413)
8,379
1,146
(586)
1,600
750
(7,799)
3,410
2,945
-
-
-
-
-
24,095
204,211|Net
movement
in funds
£
(52,814)
(38,732)
(4,554)
(96,100)
-
193
(28)
(820)
-
-
4,076
14,516
(578)
-
-
-
-
5,684
6,521
(2,218)
7,452
6,483
5,117
5,887
52,285
(43,815)|Transfers
between
funds
£
(31,262)
15,475
2,122
(13,665)
862
-
-
-
-
2,200
-
-
-
586
-
-
7,799
-
-
2,218
-
-
-
-
13,665
-|At
31/3/23
£
66,768
-
3,583
70,351
-
317
11,250
4,733
770
-
3,663
22,895
568
-
1,600
750
-
9,094
9,466
-
7,452
6,483
5,117
5,887
90,045
160,396|
|---|---|---|---|---|
continued...
Page 19
## **HEADLINERS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
England-wide Operations
Northern Ireland Operations
Designated funds
**Restricted funds**
Jack Petchey
Co-Ray Project
Lloyds TSB Engage
ESF Equip Community Leaders
Santander
Postcode Lottery
Education authority for Northern
Ireland
Dept of Justice
Edward Gostling Foundation
London's Young Platinum Green
Champions
Breaking Through the Headlines
Tyne on Your Side
Kickstarter
**TOTAL FUNDS**|Incoming
resources
£
194,432
-
-
194,432
11,900
-
33,388
5,990
55,324
15,187
12,700
6,521
12,831
34,050
32,255
29,926
12,848
262,920
457,352|Resources
Movement
expended
in funds
£
£
(247,246)
(52,814)
(38,732)
(38,732)
(4,554)
(4,554)
(290,532)
(96,100)
(11,707)
193
(28)
(28)
(34,208)
(820)
(1,914)
4,076
(40,808)
14,516
(15,765)
(578)
(7,016)
5,684
-
6,521
(15,049)
(2,218)
(26,598)
7,452
(25,772)
6,483
(24,809)
5,117
(6,961)
5,887
(210,635)
52,285
(501,167)
(43,815)|
|---|---|---|
## **Designated funds**
Designated funds represent the illiquid funds of the charity. Transfers to this fund represent capital expenditure during the year.
## **Restricted Funds**
## **England-wide Operations**
- i. The Jack Petchey Foundation who funding supports our London delivery.
- ii. Funding for the London Borough of Tower Hamlets enables us to support our work with young people with special educational needs.
- iii. Funding from the National Lottery Heritage Fund supporting our "Keeping It Wild" work with the London Wildlife Trust, John Muir Trust and London Youth.
- iv. The London Mayors Fund enables our charity to deliver the #Unfiltered project to support young people with special educational needs and those at risk of exclusion in London.
- v. Funding from Vanguard to develop our out of school 'Safe Spaces' projects in London.
- vi. Funding and support from The Lloyds Bank Foundation Enable Fund enables Headliners (UK) to work with young people transitioning from care in North East England.
continued...
Page 20
## **HEADLINERS (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **11. MOVEMENT IN FUNDS - continued**
- vii. The National Lottery Heritage Fund is funding Headliners (UK) to deliver the Tynesiders project which supports new, emerging and existing communities to explore their shared heritage in the North East of England.
- viii Funding from Northern Gas Networks Community Partnering at the Community Foundation . supporting the "Bright Sparks" project, tackling fuel poverty with young people in the North East
## **NI (Belfast & Derry Bureaux)**
- i. Funding from The National Lottery Community Fund (formerly the Big Lottery Community Fund) enabling Headliners (UK) to deliver the Empowering Young People programme to work with young people who are in care, young offenders and young people out of school.
- ii. Continued funding for an additional three years for the National Lottery Empowering Young People Programme (formally The Big Lottery) is enabling us to reach vulnerable young people in Northern Ireland.
- iii. Funding from the Education Authority Northern Ireland is enabling Headliners to work with a range of young people across Northern Ireland to raise standards and improve community relations, equality and diversity.
Transfers to restricted funds represent funding shortfalls made up from the charity's free reserves.
## **12. EMPLOYEE BENEFIT OBLIGATIONS**
The charity operates a defined contribution pension scheme. The pension charge for the year represents contributions payable by the charity to the scheme and amounted to £3,102 (2023 - £4,666).
Contributions totalling £306 (2023 - £nil) were payable to the scheme at the balance sheet date and are included in other creditors.
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024.
## **14. LEGAL STATUS**
Headliners (UK) is a company limited by guarantee, registered in England and Wales and has no share capital. The company's registered number and registered office address can be found within Reference and Administrative Details.
The Liability of the members is limited. Every member of the charitable company undertakes to contribute to the assets of the charitable company, in the event of being wound up while they are a member or within one year after they ceased to be a member, for payment of the debts and liabilities of the charitable company contracted before they ceased to be a member and of the costs, charges and expenses of winding up and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £1.
Page 21
The following pages do not form part of the statutory financial statements
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HEADUNERS
Making News Changing Lives
Headliners (UK)
Annual Accounts 2023124
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POWER > EDUCATE > ADVOCATE > EMPOWER > EDUCATE > ADVOCATE > EMPO
## Chair Foreword 2024
As Chair of Headliners (UK), it is my privilege to present our Annual Accounts for 2023/24. This year has been a testament to the resilience, creativity, and determination of our organisation and the young people we serve. Despite facing significant challenges, we have continued to empower young voices and make a meaningful impact in our communities.
## Reflecting on Our Journey
Headliners (UK) has a nearly 30-year history of advocating for young people, providing them with platforms to share their stories and opinions through our unique media and journalism programmes. This year, we have worked with 240 young people, helping them to develop their skills, build confidence, and engage with their communities. Our impact is evident in the feedback we receive: over 92% of our participants felt their contributions were valued, and nearly 97% felt empowered to express their opinions.
## Adapting to Change
In 2023, we made the difficult decision to close our offices in London and Northern Ireland due to funding challenges. This strategic move allowed us to consolidate our resources and focus on the North East, where we have stronger funding partnerships and can make a more significant impact. This decision, though tough, has enabled us to not only survive but thrive, ensuring that our work continues to benefit young people.
This change has also meant changes in the leadership of the organisation. We have grown our board, to reflect a focus on the North East. In addition, we have appointed a new charity manager to lead the organisation through the next stage of its development.
But this change also meant we to say goodbye to long standing board members, that supported our work in London and Northern Ireland. We thank them for their time and support.
As we move forward, our vision remains clear: a world where young people's voices are heard, where they believe in themselves, and are empowered to make the changes they want to see. Our mission is to provide platforms for young people to share their voices, challenge the world around them, and build their self-confidence.
## Optimism for the Future
Despite the challenges, we are optimistic about the future. Our commitment to young people is unwavering, and we are confident that our strategic direction will lead to even greater impact. We will continue to adapt, innovate, and advocate for the voices of young people, ensuring they are heard and valued.
Thank you to our supporters, funders, and partners for your continued belief in our mission. Together, we will create a brighter future for the young people we serve
## Jonathan Hudson Chair Person
## ‘I never knew that my opinions mattered until I found Headliners.’
## About Headliners
Headliners (UK) works with young people across North East England and formerly London to empower young people to share their voices, stories and the stories of others through unique our unique media and journalism programmes.
We support young people to have a voice on issues that matter locally such as transitioning to independent living, acquiring skills for work and dealing with isolation amongst other things.
Headliners has a near 30 year track record of advocating for young people on matters that effect them, Inspiring them to investigate the world around them, offering opportunities to enhance their future life chances through education and empowering them by amplifying their voices.
Headliners unique approach blends the skills of qualified Community and Youth Workers with the experience of professional journalists to deliver a holistic, youth-focused multimedia programme that champions and amplify’s youth voice.
## ‘Headliners makes us feel more important and more valued.’
Our Projects 2023/24 Aiming High Cc)SS I Aiming High works with young people from Migrant, Refugee and Asylum ! Seeker backgrounds offering them the opportunity to become more digitally and financially literate as well as exploring the world through a creative lens using journalism and media as a tool for investigation into issues that effect them. This project was kindly funded by The Santander Foundation. ' I See Digital Transitions
Digital Transitions works with young people who are care experienced to support I I them with the transition into adulthood. This project empowers young people to I explore these transitions through media and journalism supports them back into II education training and employment, helps them map out their futures and gives I them the confidence to move into adulthood. II I This project was kindly funded by Lloyds Bank Foundation and The \! Community Foundation. ee ee ee ee ee ee ee ee” Tyne on your side (TOYS) 1 Cc)SS Tyne on Your Side works with young people who are care experience and ! NEET or at risk of becoming NEET and supports them back into Education, ! ! employment and training by supporting them to plan for the future and gain I ! valuable employment skills. I ! I This project was kindly funded by NTCA and The Community Foundation. I \ I Nn eee CO eee eee Bright Sparks If Ci) Bright Sparks Supports young people who are living independently for the I first time to save money through energy awareness as well as ensuring that I they understand remain safe through Carbon Monoxide awareness. I I This project was kindly funded by Northern Gas and Power I Community Partnership.
## Our Projects 2023/24
## Breaking Through The Headlines
Breaking Through the Headlines supports young people whose life circumstances mean they are at greater risk of radicalisation to support them to make better life decisions through exploring the world through media and journalism.
## London Green Champions
London Green Champions works with young people who are passionate about natural environment and share concerns regarding its decline, overall the project encourages a greater appreciation of the environment. This Project was kindly funded by The Community Fund and The Jack Petchy Foundation.
Safe Spaces London
Safe Spaces works with young people to improve their emotional wellbeing through exploration of body positivity and mental health through multi-media and Journalism.
This project was kindly funded by The Edward Gostling Foundation and Old Street District Partnership
## Our Impact
\ In 2023/24 we worked with 240 young people. Our Impact I \ shows: \ I \ \ · 92.08% of our young people said they felt their contribution I \ \ was valued I \ · 92.5% of our young people said they cared about their \ \ community more I \ · 97.08% of our young people said they felt they were able to I \ give their own opinion \ \ · 88.33% of our young people felt more confident talking to I \ groups of people. I \
‘There's nothing that boosts your confidence more than someone actually listening to you and hearing what you have to say .’
## Headliners New Strategic Direction
In 2023 Headliners (UK) closed its offices in London and Northern Ireland due to funding challenges. These closures reflect the broader difficulties faced by many non-profits in sustaining local operations, particularly in regions where securing consistent financial support is challenging.
The charity shifted focus to consolidate its resources and continue delivering projects in the North East, where it could maintain stronger funding partnerships and community impact.
Although these decisions were hard this has allowed Headliners (UK) not only to survive but thrive. Whilst ensuring that Headliners work continues to impact young peoples lives by empowering them to share their voices through our unique media and journalism programmes.
## HEADLINERS (UK)
## OUR STRATEGY 2024-2029
Our vision is a world where young people's voices are heard. Where they I Our Vision I believe in themselves, are empowered to share their views, talk about what I[I] te matters to them and make the changes they want to see in the world.
Our mission is to provide a platform for young people to share their voices, I Our Mission I challenge the world around them, build their self-confidence and promote II a young people's right to be heard as equals. Our purpose is to work with young people to create meaningful _ Our Purpose I opportunities for them to share their voices through creative media and I I te journalism. I Po
/Ce Young people’s voices are powerful, they eee eee eee ee eeeeeeeee ‘ I \ should be heard and listened to.[/] ‘Meo ONS Young people’s opinions are valid, they oraaa re i\ \I deserve a platform to share their views. ‘N tfKi SSS aNM 7N ! / \ a Our \ ia s s Young people are talented, creative and ‘. c . VALUES io I deserve to be nurtured and supported tocreate a positive future. H =>,NM \l "A Nn OEE Young people deserve equal access to NSSS 24yy ~~» fn inclusive opportunities and the resources they . e~. a N / require to fulfil their potential. So e e Young people should feel safe and be 1[1] \ supported without judgement. A ‘Moe ‘Headliners made me =| ees more resilient, I can deal with stressful situations better and I believe in myself more ’
## OUR CORE
## Empower
## Educate
## Advocate
Offer young people Provide young opportunities to people the resources develop their skills, and a platform to to understand their speak up for community, know themselves, share their rights and learn their opinions and more about issues tell their stories. that affect them.
Enable young people to speak up for themselves, promoting the authentic voice of young people in their community as engaged citizens and young journalists.
‘Headliners always puts our voice at the centre of what they do. I think it’s unique because no one else does it through media and journalism.’
## OUR PRIORITIES 2024-2029
2. NORTH EAST FOCUS
1. YOUNG PEOPLES VOICE
We are deeply committed to ensuring that young people's voices are prioritised at every stage or our programmes. We will continue to involve young people in our decision
making processes, from planning and development to execution and evaluation of our projects. We will foster an environment where young people feel valued and heard. This participatory approach will enhance the relevance and impact of our programmes but also empower young people to take an active role in shaping their futures and advocating for issues that matter to them.
‘Headliners made me more confident. Headliners made me feel like I have a voice.’
By embracing funding challenges, Headliners UK will focus on opportunities in the North East region. This focus will provide more sustainable programmes and help to bridge the gap in regional youth representation in the media and empower young people to become active, informed citizens capable of influencing positive change in their community.
3.YOUTH WORK AND JOURNALISM COLLABORATION
We will place a strong emphasis on the collaboration between youth work and journalism, recognising the powerful synergy this partnership can create. By integrating youth work principles into journalism, we will empower young people to explore and tell stories on issues that affect their lives and communities whilst ensuring all young people receive access to youth work support.
## OUR PRIORITIES 2024-2029
4.REGIONAL GROWTH
- We will ensure that more young
- people in The North East have the opportunity to access Headliners
- i through a wider regional offering, with development into areas not
previously served. Giving more young HI !I people a chance to take part in youth I III journalism and creative media. I I1 i 5. A STRONG AND SUSTAINABLE CHARITY Moo(ny Through a proactive approach to ! governance, the charity will focus on, cv man ery ! financial stability, long-term impact I; (i< vi Tl ear a Making H and community relevance. We will ' Ik f ph ad “tial Action | H achieve this through strategic planning, diversifying funding sources and continuously assessing and responding to the needs of the community. 7 =. Crucially ensuring our programmes remain digitally relevant, effective and impactful for young people. We will invest in our team to maintain a skilled and motivated organisation.
## ‘It’s a powerful thing to share your voice and actually have someone listen to you.’