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2023-03-31-accounts

Company Registration Number 3006904 Registered Charity Number 1049698

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE)

REPORT AND ACCOUNTS For the year ending 31 March 2023

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT For the year ended 31 March 2023

The Trustees, who are also Directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name Headway Arts Charity registration number 1049698 Company registration number 3006904 Registered office Headway ArtSpace, The Old Church, Waterloo Road, Blyth, Northumberland NE24 1BY

Trustees

For the purposes of the Companies Act 2006, the Board of Trustees is the Board of Directors of the charitable company and is referred to as the Trustees throughout this report.

The Trustees of Headway Arts during the period and to the date of signing this report are as follows:

Mr S Bradley Resigned 10 December 2022 Ms S Fawcett Appointed 6 September 2022 Mr P D James Ms L Neslund Ms K Wilcox Resigned 16 December 2022 Company Secretary Mrs F M Castle Bankers Barclays Bank plc, 3 Northumberland Square, North Shields, NE30 1QX Independent Examiner Mr P O’Hara FCA, Chartered Accountant, 4 Stoneyhurst Road West, Gosforth, Newcastle upon Tyne NE3 1PG

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Documents

Headway Arts is a charitable company limited by guarantee, incorporated as Headstrong Productions on 6 January 1995 and registered as a charity on 9 October 1995.

It was established under the Memorandum of Association that established its objects and powers and is governed under its Articles of Association, as amended by special resolutions dated 30 June 2000 and 21 November 2005.

The company changed its name from Headstrong Productions to Headway Arts by means of a special resolution passed on 18 November 2015.

The Directors of the company are also Trustees of the charity.

2

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

For the year ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT (Continued)

Governing Documents (Cont.)

Eligibility for membership of the charity, and membership of the Board of Trustees, is governed by the Memorandum and Articles of Association. There are no restrictions in the governing document on the operation of the charity other than those imposed by general charity law.

Charitable Purpose

Headway Arts’ charitable objectives are ‘to advance education for the public benefit through the promotion of the arts with particular but not exclusive reference to the dramatic arts’.

Principal Activity, Aims and Objectives

In delivering our charitable purpose we strive to offer high quality arts and cultural participation opportunities to communities in Northumberland and beyond.

Our aims are to:

Our values are that:

Structure and Governance

The charity currently has a board of three non-executive Trustees.

The Board meets a minimum of four times per year and conducts an Annual General Meeting, typically in November.

Detailed written Board reports and an agenda are prepared by the Chief Executive and circulated in advance of meetings.

3

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

For the year ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT (Continued)

Recruitment and Appointment of Board of Trustees

Trustees are elected to the Board as necessary, with regard to any specialist skills required on the Board, based on discussions and recommendations offered by Trustees and outside advisors to the organisation. Trustees are re-appointed annually.

Trustee Induction and Training

New Trustees are briefed on their legal obligations under company and charity law, our Memorandum and Articles of Association, the operation of the Board and its decision-making processes, future plans and recent performance to support their understanding of Headway Arts’ activities.

They are encouraged to attend appropriate training, are made aware of Charity Commission publications and online guidance and are encouraged to provide feedback.

Policies on Reserves

The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission.

The Trustees aim to hold a level of Unrestricted Reserves sufficient to meet the costs of essential salaries and overheads for a 3 to 4 month period which would allow for the orderly winding down of the operation in the unlikely event that the Trustees so decided.

At present, the Trustees estimate that the Unrestricted Reserves required for such purposes would be in the range of £40,000 to £50,000.

Headway Arts’ current Unrestricted Reserves are £31,310 at 31 March 2023. Free Reserves, defined as Unrestricted Reserves minus the value of Unrestricted Tangible Fixed Assets, are £20,368.

The Trustees aim, through their budgeting and financial management processes, to restore Unrestricted Reserves to within the aspirational range within 2-3 financial years to ensure the charity can run efficiently and meet the needs of the beneficiaries.

This policy will be reviewed by the Trustees on an annual basis as part of the charity’s budgeting processes.

The Charity's grant making policies

The charity does not currently engage in grant-making activity.

The contribution of volunteers

The charity makes extensive use of volunteers within its productions and to support its activities.

4

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

For the year ended 31 March 2023

OBJECTIVES AND ACTIVITIES

Public Benefit

The Trustees understand and have discussed the implications of the provisions of the Charities Act 2006, which state that all charities must demonstrate that they are established for public benefit and have had due regard to the public benefit guidance issued by the Charity Commission. The Trustees believe that the charity meets both of the key principles.

Principle 1 - There must be an identifiable benefit, or benefits.

Headway Arts’ activities include a core commitment to the promotion of the arts, enabling the personal development of those in our care and providing a benefit to the wider community.

Principle 2 - Benefit must be to the public, or a section of the public.

Engagement in Headway Arts’ productions is open to people of all backgrounds who want to be part of the experience.

Headway Arts’ beneficiaries are therefore entirely appropriate to its aims and the public as a whole benefits from its work.

All of these benefits are clear, evidenced and relate directly to Headway Arts’ aims. In addition, the Trustees do not consider that any significant detriment or harm flows from Headway Arts’ work.

Risk Management

The Trustees of the charity regularly review (at least annually) the major governance, operational and financial risks which the charity faces as part of its annual business planning process and confirm that systems have been established to mitigate these risks.

Headway Arts has a risk management strategy in place which comprises:

These control systems have enabled Headway to return to a strong and stable financial position after experiencing some financial difficulties several years previously.

The Trustees have managed the potential impact of further financial risks by ensuring that:

The Trustees are satisfied that appropriate financial systems and controls and employment policies and practices are now in place.

5

HEADWAY ARTS

(A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT For the year ended 31 March 2023

OBJECTIVES AND ACTIVITIES (CONTINUED)

Risk Management (Cont.)

Other than financial the key risk to the organisation identified by the Trustees is the Board size and composition. The Board is currently at its minimum size and positive action is being taken to identify and recruit new members to the Board, particularly those with skills in finance, HR and legal issues.

6

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT For the year ended 31 March 2023

ACHIEVEMENTS AND PERFORMANCE

Summary of the main achievements of the charity during the year

This year we took the decision to focus much more on our longer-term stability as we felt that a lack of multi-year core funding had stifled our development somewhat. We focussed much of our attention on 3 major funding opportunities and were successful in our applications to all three. Core funding from the National Lottery, Henry Smith Charity and Arts Council England will ensure our longer-term future and enable us to develop several projects for which we lacked the resources to make happen. Thanks to this funding we look forward to a rich and more varied programme over the next 3 years.

Becoming a member of Arts Council England’s National Portfolio from 2023 onwards has been a great boost to the company both internally and externally and we look forward to continuing and developing our programme of work with people who are learning disabled through this opportunity.

Funding from the Henry Smith Charity will support our work locally, particularly our programme of workshops, events, courses and creative cafes we run at ArtSpace.

In November 2022 we were overjoyed to receive funding from the National Lottery Reaching Communities strand for our 3-year disability project Reaching Out. The project really helps us further our mission bringing together disability groups from across Northumberland to address issues of isolation, mental health and resilience through the arts.

We also have been fabulously supported by a number of Trusts and Foundations throughout the year which have enabled us to bring sessional workers, support workers and resources to our work, all with new skills and ideas.

In addition, we have revived plans to refurbish the building, working with EDable Architecture to produce a new set of plans for the building which can be phased for development over a number of years as capital funding allows.

We began the year with half of our building still closed after the damage of storm Arwen. This had impacted greatly not only on our projects and events, but also on our sales and revenue. Luckily we had good insurance or we wouldn’t be here now! Our roof was eventually fixed but we are still waiting for damage caused by the ingress of rain to be fixed. We are also keen to renew our garden which has suffered badly.

Our programme throughout the year had a strong emphasis on well-being initially to support the return of people to our building who and become isolated during the pandemic and later to respond to demand for well-being sessions within the wider area. Sessions have included relaxation and mindfulness workouts, helped people get active again through dance and movement work and focussed on positive social interaction.

Our Stars! programme offered new skills to people with a learning disability. Twelve artists across dance, drama, visual arts and music have delivered training this year with 192 sessions delivered. After the hiatus caused by Covid-19 the Stars! are keen to start touring and performing again and will be developing a new touring piece for 2023-24.

7

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT For the year ended 31 March 2023

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the main achievements of the charity during the year (Cont.)

Some comments from the Stars! programme:

“I learnt a great deal from [the Stars group], because they are unashamed of their individual downfalls, but never fail to raise someone up when they are feeling self-conscious; each one supporting another in the group as a method of making themselves grow in confidence. This is how they make such thrilling and accomplished work, because the ensemble connection is unmatched in any theatre group I have worked in previously. They trust each other entirely, and this was evident in their show and the way they came together to perform” Phyllis Hoyle, Facilitator, Stars! Sessions

“Rebecca has been on a large journey of transformation. Although she can experience moments of heightened anxiety, related to uncertainty and changes to routines, she is realising that she has her own resources to get through these times. She is more accepting of situations that are out of her control and is more able to let go. She has developed a deeper sense of trust. In doing so, she has been able to create and perform a solo dance for an audience for the first time. And the performance was fully expressive, allowing for her true nature and humour to shine... thoroughly entertaining the audience!” Social care Volunteer comments on Stars! dance sessions.

Our European partnership work sadly came to an end this year with the demise of the Erasmus+ programme. Our year, however, was full of travel as we completed our final 3 projects with artists who have learning disabilities visiting Portugal, Sweden, Greece, Poland and Bulgaria to work with other artists in those countries. We also hosted 75 European artists here in Blyth, who learned the work and methodology of Headway Arts and also enjoyed the culture and heritage of Northumberland. We continue to keep in touch with our partners and will take advantage of any opportunities to continue the work that arise.

“Blythfest” was a new initiative developed with our partners on the Blyth Culture Network. Described as a ‘snapshot of Blyth over 2 weeks’ the festival introduced local residents to new and existing cultural experiences with opportunities to be more active, join new groups and to socialise. The first Blythfest was well received and demonstrated the desire within the town to improve current perceptions of Blyth and to promote its rich cultural offer.

Looked at over the year, our figures represent a turbulent time post-Covid. Our programme is often dependent on partnership working and this has been irregular and unpredictable due to uncertainties of partners still at this time. Things are beginning to settle and whilst we have waited for everyone to catch up with each other, we have also continued to offer a very high-quality service.

Financial Review

The out-turn for the year is an unrestricted deficit of £(26,456) (2022: Surplus £7,656). The deficit will be deducted from Unrestricted Reserves, leaving a balance on Unrestricted Funds at 31 March 2023 of £31,310.

The Trustees consider the financial performance of the charity to be satisfactory and would wish to record their appreciation for the diligence and hard work of the staff, management and Board of Trustees during the year.

8

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

For the year ended 31 March 2023

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Principal Funding Sources

Grants received in the year are listed in Note 4 to the accounts.

The charity is grateful to all such funders for their grant support during the year.

PLANS FOR FUTURE PERIODS

The COVID-19 virus affected all of us and emerging from lockdown we found ourselves in very different times. The pandemic has not been kind to learning disabled people in the arts sector and lost much of the ground we made over the past 25 years, particularly in terms of inclusion. It is becoming increasingly important we maintain the profile of learning disability arts and ensure access and inclusion are prioritised.

The pandemic brought the service we normally provide into a sharp focus, demonstrating not only its valuable role in keeping disabled people creative and included in society, but its value in maintaining good mental health and wellbeing and in helping people to be safe, feel secure and find new routines.

We will continue to provide and maintain this valued support and develop our new and exciting projects that look back at where we have been and ahead to where we might go. Our inclusion in the Arts Council England National Portfolio gives us opportunities to extend and develop our work with people who have learning disabilities and we are excited to continue to progress our “Beautiful Difference” programme which will look at people’s similarities, differences and our shared humanity.

Having positioned ourselves as the National Centre of Arts and Inclusion we will continue to work regionally, nationally and internationally to find best inclusive practices, quality methodologies and inform national policy debates.

Blyth is undergoing a transformation and Headway Arts will be at the centre of this, ensuring that it meets its key aims over the next five years to build on its work and ensure it has the resources necessary to expand its work in line with both demand and current local and regional plans. We will continue to co-ordinate the Blyth Culture Network and ‘Blythfest’ in order to improve current perceptions of Blyth and to promote its rich cultural offer.

We will also continue to develop our building, seeking funds to refurbish and develop ArtSpace as the contemporary, accessible and inclusive space it deserves to be.

As always, and at the core of everything, Headway Arts remains passionately committed to working with those in the community who are considered hardest to reach, particularly people who are learning disabled, have special needs or with enduring health issues.

9

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

For the year ended 31 March 2023

RESPONSIBILITIES OF THE TRUSTEES

The Trustees (who are also the Directors of Headway Arts for the purposes of company law) are responsible for preparing the Trustees’ 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 these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees 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.

Signed by order of the Trustees

Frances Castle Company Secretary Company Registration Number 3006904

8 August 2023

10

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF HEADWAY ARTS YEAR ENDED 31 MARCH 2023

I hereby report to the Trustees/Members of Headway Arts (Charity Registration Number 1049698) on the accounts for the year ended 31 March 2023 set out on pages 12 to 24.

Responsibilities and basis of report

As the charity’s Trustees (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 or 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 (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.

Pete O’Hara, FCA, Chartered Accountant Fellow of the Institute of Chartered Accountants in England & Wales

4 Stoneyhurst Road West, Gosforth, Newcastle upon Tyne NE3 1PG

8 August 2023

11

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Note
Income
Income from Investments
2
Donations & Legacies
3
Income from Charitable Activities
4
Total Income
Expenditure
Expenditure on Charitable Activities
5
Total Expenditure
Net Income/(Expenditure)
Balance brought forward at 1 April
Balance carried forward at 31
March
13		 Unrestricted
Funds
Restricted
Funds
Total 2023
Total 2022
£
£
£
£
-
-
-
1
1,825
2,219
4,044
1,314
99,620
119,473
219,093
232,992
101,445
121,692
223,137
234,307
127,901
160,767
288,668
264,063
127,901
160,767
288,668
264,063
(26,456)
(39,075)
(65,531)
(29,756)
57,766
57,098
114,864
144,620
£31,310
£18,023
£49,333
£114,864

The notes on pages 14 to 24 form part of the financial statements.

All of the activities of the company are classed as continuing.

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

12

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL POSITION/BALANCE SHEET AS AT 31 MARCH 2023

Notes
Fixed Assets
Tangible Fixed Assets
9
Current Assets
Debtors
10
Cash At Bank & In Hand
Creditors – Amounts Falling Due Within 1 Year
11
Net Current Assets/(Liabilities)
Total Net Assets
12
Represented by:
Unrestricted Reserves
13
Restricted Reserves
13		 2023
2022
£
£
25,990
26,059
22,471
73,034
22,366
29,257
44,837
102,291
(21,494)
(13,486)
23,343
88,805
£49,333
£114,864
31,310
57,766
18,023
57,098
£49,333
£114,864

The notes on pages 14 to 24 form part of the financial statements.

The Trustees are satisfied that for the year ended 31 March 2023 the charity was entitled to exemption under section 477(2) of the Companies Act 2006.

The Trustees also confirm that the Members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006

The Trustees acknowledge their responsibilities for:

(i) ensuring that the charity keeps adequate accounting records which comply with section 386 of the Act, and

(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the charity.

These financial statements were approved and signed by a Member of the Board of Trustees on 8 August 2023.

L Neslund Trustee Company Registration Number 3006904

13

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1. Accounting Policies

Basis of Accounting

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006 and the Statement of Recommended Practice (Charities SORP FRS 102) "Accounting and Reporting by Charities" and the Charities Act 2011.

The financial statements have been prepared on the historical cost basis, modified to include certain financial instruments at fair value.

Advantage has been taken of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a statement of cashflows.

The financial statements are prepared in sterling, which is the functional currency of the charity.

Taxation Status

Headway Arts is a Charity registered under the 1960 Charities Act and is accorded exemption from liability to taxation on its income under S505 Income and Corporation Taxes Act 1988.

Going Concern

There are no material uncertainties about the charity's ability to continue.

Income

All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy.

The following specific policies are applied to particular categories of income:

14

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1. Accounting Policies (Continued)

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

Tangible Fixed Assets and Depreciation

Capital items costing over £250 are capitalised and included in fixed assets.

Depreciation is provided on any fixed assets at rates calculated to write off the assets over their remaining useful lives as follows:

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial Instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost where there is a material adjustment.

15

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1. Accounting Policies (Continued)

Fund Accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the purposes of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for specific purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

There are no significant judgements or estimation uncertainty included within the financial statements.

Pensions

Headway Arts contributes to a defined contribution pension scheme. Further details can be found in Note 8.

For the defined contribution scheme, the amount charged to the Statement of Financial Activities in respect of pension costs is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the Balance Sheet.

2. Income from Investments

ncome from Investments
Bank Interest Receivable Unrestricted
Funds
£
Restricted
Funds
£
2023
£
2022
£
-
-
-
1
£-
£-
£-
£1

The 2022 total of £1 related wholly to Unrestricted Funds.

3. Income from Donations & Legacies

Donations Unrestricted
Funds
£
Restricted
Funds
£
2023
£
2022
£
1,825
2,219
4,044
1,314
£1,825
£2,219
£4,044
£1,314

The 2022 total of £1,314 related wholly to Unrestricted Funds.

16

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

4. Income from Charitable Activities

ncome from Charitable Activities
Earned Income
Project Fees
Other Earned Income
Grant Income
1989 Willan Charitable Trust
Architectural Heritage Fund
Arts Council England – Seeing Making
Talking
Arts Council England Cultural Recovery
Fund
Banks Community Fund via County
Durham Community Foundation
Blyth Town Council
EDF Blyth Offshore Community Benefit
Fund at the Community Foundation of
Tyne & Wear and Northumberland
Erasmus+
ESF LA6 Community Grant (Moving
Mountains project)
ESF LA6 Community Grant (Releasing
Potential project)
European Social Fund (ESF)
Good Things Foundation
Hadrian Trust
Healthwatch Northumberland
Heart of Blyth
Mental Health Concern NHS Winter
Resilience Fund
National Lottery Community Fund
NCC Arts, Culture and Heritage
NCC Community Chest
Newcastle Building Society @ Community
Foundation
Northumberland Citizens Advice
Northumberland County Council (NCC)
Starting Back Up Fund
Power to Change Community Business
Renewal Fund
Scope Connecting Communities Grant
(through the Charities Aid Foundation)
Continued overleaf…		 Unrestricted
Funds
£
Restricted
Funds
£
2023
£
2022
£
75,101
-
75,101
76,962
2,519
-
2,519
738
77,620
-
77,620
77,700
-
7,600
7,600
-
-
13,495
13,495
-
-
(300)
(300)
-
-
-
-
30,041
-
4,575
4,575
-
10,000
-
10,000
10,000
-
3,600
3,600
8,232
-
48,319
48,319
10,759
-
-
-
5,373
-
-
-
19,295
-
709
709
2,438
-
-
-
1,000
-
-
-
1,000
-
-
-
1,000
-
3,275
3,275
-
-
-
-
5,000
-
20,000
20,000
-
-
-
-
9,721
-
-
-
4,755
-
2,600
2,600
-
-
-
-
5,798
-
-
-
8,000
-
-
-
20,000
-
7,000
7,000
-

17

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

4. Income from Charitable Activities (Cont.)

Riddell Family Community First Fund at
the Com. Foundation of T&W and N’land
Ridley Family Charity
Ryder Architecture
Sir James Knott Trust
Wellbank Foundation		 Unrestricted
Funds
£
Restricted
Funds
£
2023
£
2022
£
-
-
-
2,880
2,000
-
2,000
10,000
-
10,000
10,000
-
5,000
5,000
-
-
3,600
3,600
-
22,000
119,473
141,473
155,292
£99,620
£119,473
£219,093
£232,992

Of the 2022 total of £232,992, £163,694 related to Unrestricted Funds and £69,298 to Restricted Funds.

5. Expenditure on Charitable Activities

Expenditure on Charitable Activities
Project Delivery Costs
Materials/Project Costs
Contract Workers
Wages & Salaries
Support Costs
Travel & Subsistence
Bad Debts
Office Costs
Premises Costs & Room Hire
Repairs & Maintenance
Insurance
Depreciation
Governance Costs
Accountancy Fees
Legal & Professional Fees		 Unrestricted
Funds
£
Restricted
Funds
£
2023
£
2022
£
-
33,592
33,592
11,201
-
25,020
25,020
31,508
80,212
83,445
163,657
163,484
80,212
142,057
222,269
206,193
553
-
553
761
214
-
214
-
2,187
-
2,187
2,599
26,562
-
26,562
19,886
2,621
-
2,621
12,436
6,251
-
6,251
9,740
6,997
6,716
13,713
10,816
45,385
6,716
52,101
56,238
2,304
-
2,304
1,632
-
11,994
11,994
-
2,304
11,994
14,298
1,632
£127,901
£160,767
£288,668 £264,063

Of the 2022 total of £264,063, £157,353 related to Unrestricted Funds and £106,710 to Restricted Funds.

18

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

6. Net Income/(Expenditure)

Net income/(expenditure) is stated after
charging/(crediting):
Independent Examiner’s Fees
Depreciation – Owned Assets		 2023
£
2022
£
1,152
1,152
13,713
10,816

7. Staff Costs/Trustees’ Remuneration

Staff Costs/Trustees’ Remuneration
Gross Salary Costs
Pension Costs
Social Security Costs
 2023
£
2022
£
149,789
150,406
3,711
3,235
10,157
9,843
£163,657 £163,484

No employee received remuneration of more than £60,000 during the year (2022 - Nil).

The average number of staff employed during the year, calculated as full-time equivalents, was as follows:

was as follows:
2023 2022
No. No.
Artistic Production and Support 5 5

No remuneration was paid to or waived by Trustees/Directors in the year (2022: Nil) and no travel and subsistence expenses (2022: None) were reimbursed to Trustees in respect of their attendance at meetings of the charity.

There were no transactions undertaken by, or on behalf of the charity, in which any Trustees or a connected person had a material interest during the year to 31 March 2023 (2022: Nil).

8. Pension Scheme

Pension benefits are provided through a Group Personal Pension Scheme, which is a defined contribution scheme. The assets of the scheme are held separately from those of the company in a separately administered fund. In the year to 31 March 2023 Headway Arts made an employer's contribution of 3% of pensionable pay, provided that the employee makes a minimum contribution of 5%.

These amounts are paid over to the scheme on a monthly basis. Contributions totalling £1,925 were outstanding at 31 March 2023 (2022: £875).

19

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

9. Tangible Fixed Assets

Leasehold
Property
Improvements
£
IT
Equipment
£
Fixtures,
Fittings &
Equipment
£
Total Fixed
Assets
£
Cost
At 1 April 2022
57,120
8,735
50,106
115,961
Additions in year
-
1,266
12,378
13,644
Disposals
-
-
-
-
At 31 March 2023
57,120
10,001
62,484
129,605
Accumulated Depreciation
At 1 April 2022
39,716
6,376
43,810
89,902
Charge for year
5,801
2,780
5,132
13,713
Disposals
-
-
-
-
At 31 March 2023
45,517
9,156
48,942
103,615
Net Book Value
At 31 March 2023
£11,603
£845
£13,542
£25,990
At 1 April 2022
£17,404
£2,359
£6,296
£26,059
10.
Debtors
2023
£
2022
£
Trade Debtors
10,961
35,826
Accrued Income – Grant Funding
10,940
37,208
Accrued Income - Other
423
-
Prepayments
147
-
£22,471
£73,034		 Leasehold
Property
Improvements
£
IT
Equipment
£
Fixtures,
Fittings &
Equipment
£
Total Fixed
Assets
£
57,120
8,735
50,106
115,961
-
1,266
12,378
13,644
-
-
-
-		 Leasehold
Property
Improvements
£
IT
Equipment
£
Fixtures,
Fittings &
Equipment
£
Total Fixed
Assets
£
57,120
8,735
50,106
115,961
-
1,266
12,378
13,644
-
-
-
-
57,120
10,001
39,716
6,376
5,801
2,780
-
-		 62,484
129,605
43,810
89,902
5,132
13,713
-
-
45,517
9,156		 48,942
103,615
£11,603
£845		 £13,542
£25,990
£6,296
£26,059
2023
£
2022
£
10,961
35,826
10,940
37,208
423
-
147
-
£22,471
£73,034

All sums are due within 1 year.

20

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

11. Creditors – Amounts Falling Due Within 1 Year

Taxes & Social Security Costs
Pension Scheme Creditor
Sundry Creditors
Accruals		 2023
£
2022
£
3,538
7,167
1,925
875
1,562
1,947
14,469
3,497
£21,494
£13,486

12. Analysis of Net Assets between Funds

Fixed Assets
Debtors
Cash at Bank and In Hand
Creditors – Amounts Due Within 1 Year		 Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
£
£
£
£
10,942
15,048
25,990
26,059
11,523
10,948
22,471
73,034
30,339
(7,973)
22,366
29,257
(21,494)
-
(21,494)
(13,486)
£31,310
£18,023
£49,333
£114,864

21

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

13. Analysis of Charitable Funds

Analysis of Charitable Funds
Unrestricted Funds
Charity General Fund
Restricted Funds
1989 Willan Charitable Trust
Architectural Heritage Fund
Arts Council England – Talking Seeing Doing
Arts Council England – Seeing Making
Talking
Banks Community Fund via County Durham
Community Foundation
Coastal Revival Fund
Donations – Blythfest 2022
EDF Blyth Offshore Community Benefit
Fund at the Community Foundation of
Tyne & Wear and Northumberland
Erasmus+
European Social Fund (ESF)
European Social Fund (Releasing Potential)
Heart of Blyth – Blythfest 2022
Heart of Blyth – Blythfest 2023
National Lottery Community Fund
Newcastle Building Society at the
Community Foundation of Tyne & Wear
and Northumberland
Ryder Architecture
Scope Connecting Communities Grant
(through the Charities Aid Foundation)
Sir James Knott Trust
Wellbank Foundation
Wellesley Trust (Building Improvements)
Total Restricted Funds
Total Funds		 Fund at 1
April
2022
£
Incoming
Resources
in Year
£
Resources
Expended
in Year
£
Fund at
31 March
2023
£
57,766
101,445
(127,901)
31,310
-
7,600
(7,600)
-
-
13,495
(13,495)
-
14,614
-
(14,614)
-
-
(300)
300
-
-
4,575
(915)
3,660
15,008
-
(4,909)
10,099
-
2,219
(2,219)
-
3,600
(3,600)
-
-
48,319
(48,319)
-
-
709
(709)
-
15,295
-
(15,295)
-
-
300
(300)
-
2,975
-
2,975
-
20,000
(20,000)
-
-
2,600
(2,600)
-
10,000
-
(10,000)
-
-
7,000
(7,000)
-
-
5,000
(5,000)
-
-
3,600
(3,600)
-
2,181
-
(892)
1,289
57,098
121,692
(160,767)
18,023
£114,864
£223,137
£(288,668)
£49,333

*Though £46,145 from Coastal Revival Fund and £9,549 from the Wellesley Trust was received and fully spent in the year to 31 March 2017 on the capital redevelopment of Headway ArtSpace, the required accounting treatment releases the grants over the period of the lease, matching the annual depreciation of the capital improvements.

22

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

13. Analysis of Charitable Funds (Cont.)

Name of Restricted Fund

Description, Nature & Purpose of the Restricted Fund

1989 Willan Charitable Trust

To fund the PrintAble project

Architectural Heritage Fund

Towards the cost of building appraisal fees and associated core staff time

Arts Council England – Talking Seeing Doing

To fund the Talking Seeing Doing project

Arts Council England – Seeing Making Talking

To fund the Seeing Making Talking project

Banks Community Fund via County Durham Community Foundation

Towards the cost of new staging

Coastal Revival Fund*

To fund a programme of building improvements

Donations – Blythfest 2022

Towards the costs of Blythfest 2022

EDF Blyth Offshore Community Benefit Fund at the Community Foundation of Tyne & Wear and Northumberland

Towards the cost of facilitator fees for Stars Drama sessions

Erasmus+

To fund the Different Ways For Different Days European partnership

European Social Fund

To fund capacity building

European Social Fund (Releasing Potential)

To fund the Releasing Potential project

Heart of Blyth – Blythfest 2022 Towards the costs of Blythfest 2022 Heart of Blyth – Blythfest 2023 Towards the costs of Blythfest 2023

National Lottery Community Fund

Towards the costs of Reaching Out - activities with adults with learning disabilities across Northumberland

Newcastle Building Society at the Towards the costs of Blythfest 2022 Community Foundation of Tyne & Wear and Northumberland

23

HEADWAY ARTS (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

13. Analysis of Charitable Funds (Cont.)

Name of Restricted Fund Description, Nature & Purpose of the Restricted Fund Ryder Architecture To fund the installation of staging Scope Connecting Communities Grant Towards the cost of drama sessions (through the Charities Aid Foundation) Sir James Knott Trust Towards support worker salary costs Wellbank Foundation Towards the cost of drama sessions Wellesley Trust (Building Improvements)* To fund a programme of building improvements

14. Taxation

The company is a registered charity and no provision is considered necessary for taxation.

15. Financial and Capital Commitments

No material financial and/or capital commitments have been made in respect of future financial periods (2022: None).

16. Legal Status

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. The company law members of the charity are the members of its Board of Trustees.

The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding £1 as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

24