2024-12-31-accounts

REGISTERED COMPANY NUMBER: 03206788 (England and Wales) REGISTERED CHARITY NUMBER: 1056048 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR HEADWAY BASINGSTOKE Gibson ￿ThItter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire P07 6XP

HEADWAY BASINGSTOKE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of tho Trustees 1 to 4 Indepondent Examlnerfs Report Statement of Flnanclal Actlvlties Balance Sheet Not08 to th• Flnanclal Statements 8 to 15

HEADWAY BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees ￿10 are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charty for the year ended 31 December 2023. 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). OBJECTIVES AND ACTIVITIES obje￿iVeS and alm8 The principle objective of Headvray Basingstoke is to support people living wrth brain injury, their carers and families. We operate in the North Hampshire a￿a from our centre at Headway Place in 8asingstoke. Our clients are adults aged 18 and over, with no upper age limrt, vtho have suffered traumatic or aCqUi￿d braln Injury during their adum life. This may have resulted from an accident or from a medi￿1 condition. Headway Baslngstoke's actlvltlas We provide specialised community-based rehabilitation, re*nablement and support seNices for our clients and their carers. This support is delivered through the following services.. Active Rehabilitatlon o Confidence building following brain injury o Brain Injury and Me programme o Sessions based on Cognitive Rehabilitation Therapy o Occupational Therapy programme Longer-Torm Rehabllltatlon To enable clients to develop their skills further, moving them towards improved health and wellbeing, self-management and independence. This pathway also supports clients vtho are unlikely to retum to communty living and independence without conts'nued specialist support. Communlty Re4ngagoment Designed to encourage maximum independence, clients are encouraged to work in peer-tfrpeer groups to lead and manage social activth'es such as b0￿Ing, knowng that a representative from Headway vlill be there to assist if necessary. Support for Carers We offer information, advice and support to ensure carers and families can increase their knovledge and understanding of brain injury and gain confidence in the rehabilitation process. Support for Professionals We can Provide infomiation and advice to clinicians and other professionals working in the field of brain injury. We a￿ happy to work with professionals to promote awareness and help rebuild lives after brain injury. We are open to Y￿rkIng in partnership to provide services, support and infomation. Publlc benefft The Trustees have considered Charity Commission guidance on the provision of public benefft. The Trustees believe that Headway Basingstoke provides a public benefit to dients ￿￿th a brain injury, their carers, their families and the local community through the services provided to clients. In addition, the ServI￿S benefit public senlices like the NHS and Adult Social Services, providing support not offered elsewhere. These services add value to current statutory health and social care services and provide value for money. Page 1

HEADWAY BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENTS AND PERFORMANCE Charitable activities 2024 mafked the beginning of our eleventh year under the Integrated ca￿ Board (IC8) contract, and once again Headway Basingstoke continues to grow and adapt in meeting the complex needs of those living with acquired brain injuries in North Hampshire. Throughout the year, our client numbers have remained steady, and we have seen a healthy flow of referrals from local hospitals, GPS, and hospices. Our clinical and rehabilitation team continues to deliver a COmp￿hen$1ve range of programmes tailored to each clienfs needs, including Brain Injury and Me groups, Fatigue and Stress Management, Cognitive and Communication Groups, Reablement sessions, and individual one-t¢>one neuropsychology input where required. The ongoing development of our horticultural, cooking and creative groups have continued to provide both therapeutic and vocational benefits for many of our clients. A particular highlight this year has been the successful addits'on of an Art Therapy placement student, further expanding the range of therapeutic interventions available to our clients. The Men's Communication Group, launched last year, has also gone from strength to strength, providing a vital space for male clients to gain confidence, improve social interaction and address the unique challenges they face post-brain injury. Vts continue to see the benefits of our person-centred approach to rehabilitstion, with clients regaining skills, confidence, and the ability to engage with their families, peers, and local community. Our clinical team has remained proactive in supporting both clients and their families during difficult periods, particularly vthere wider health and social care provision has fallen short. This year saw examples of our staff advocating on behaK of clients who faced gaps in community ca￿, delayed medical support, and grOV￿ng mental health needs. Our dedicated team consistentiy go above and beyond to ensure no client feels left behind. Sadly, during 2024, we experienced the loss of three long-standing clients, including the husband of one of our long-sep4ing Trustees who had attended Headway Basingstoke since 1989. Each loss is felt deeply ￿￿thin our close-knit communlty, and we extend our ongolng support to the families and carers left behlnd. fimilst Headway Basingstoke now enters its 43rd year since fomation, VR also marked 40 years of fonnally providing structured brain injury services. Our longevity, stabilty, and continued local presence stand as a testament to the positive impact Headway Basingstoke has delivered to hundreds of individuals and their families over four decades. We are deeply grateful for the financial and practical support of many donors and community organisations who have enabled us to continue delivering our services this year. Our thanks go to Penningtons Manches Cooper LLP, Tony and Sheila Brooks from The Four Horseshoes {at Long Sutton), Cliniko, Kualo, Southem Cowop through the Neighbourly Fund, Basingstoke Cribbage League, PayPal Giving Fund, Microsoft, and Aldi Winklebury Way. We give a special mention to the teams from Vida Homeloans vtho volunteered their time to repaint and refresh our Main Session Rooms, as well as to Aladin's Cave charity shop in Basingstoke v4ho once again chose Headway Basingstoke as one of their supported charities. Our thanks. as ahvays, al80 go to the Hampshire & Isle of Vlfjght Integrated Care Board and their commissioners. We would also like to a¢knO￿edge and sincerely thank our clients and carers who regularty support our work not only through generous donations but also by giving their time and donating goods. Their partnership is invaluable to us. Finally, my thanks go to my fellow Trustees, who continue to give so freely of their time, not only in attending meetings but also in their hands-on involvement at events and in the day-to￿aY practical work that keeps Headway Basingstoke thriving. On behalf of the Trustees, I y￿uld also like to extend my personal thanks to all of our wonderful staff and volunteers whose compassion, professionalism, and commitment make all the difference to the lives of those we support. Evelyn Vincenc Chair of Trustoes Page 2

HEADWAY BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Financial position The main source of income for the year is the CCG contract, which provides £269.785 annually. The financial results for the year show a deficit for the year. The unrestricted funds showing on the balance sheet equate to over fv￿1ve months, expenditure, and a￿ well in excess of the trigger value stated in the reserves policy below.The Trustees identified several development projects needed to meet the growng need for support amongst people with brain injuries existing clients and those currently not being reached. To achieve this, Headway Basingstoke will, in addition to its regular fundraising activits'es, target specific grant-making and fundraising avenues. Reserv•8 pollcy The reserve policy is to maintain funds to meet at least six month's expenses. This is currently £113,000. F￿e ￿ServeS, calculated as unrestricted less unrestricted fixed assets and designated reserve this amounts to £97,818. See note 17 for more detsils of designated and restricted funds A Restricted Fund, as recorded in the notes to the accounts, conts'nues to exist, and there have been some capital and revenue expenses during the current year, depreciation on the capitalised assets will be allocated to the fund over useful life of the assets. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng documenl The charity Is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Recrultment and appolntment ol new Trustoes The directors of the company are also charity Trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the Trustees a￿ elected to hold office at Annual General Meetings. One third of the Trustees must retire at each Annual General Meeting, those longest in office retiring first. Those who retire may be re-elected. All new Trustees are recommended to the board by existing Trustees or associates. Ty￿ references are written for and a DBS check is carried out. TTUStees are invited to attend a board meets'ng prior to formal appointment and encouraged to spend time with the Operations Manager and Chair to be introduced to the service. The Board aims to have Trustees representing users, carers, volunteers and staff, 80 that there are a wide range of views involved in the decision making process. Trustees are provided with the following Infomation.. Companies House Directors and Secretaries Guide Copy of the latest Annual Report and Business Plan Copy of the Memorandum and Articles of Association Copies of policies and procedures Copies of recent Board rninutes Any other infonnation deemed relevant or appropriate. Organlsatlonal structure The Board of TNStees consists of at least 3 individuals. Trustees include users, representatives, a volunteer representative and a carerfs representative so that the￿ is a wide base of representatives involved in decision making. Decisions a￿ made at Board Meetings by a vote. Day to day responsibilty for the provision of the ServI￿S rests with the Chair. Operations Manager and Clinical lead. Risk management The Board of Trustees has conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Aside from the finanaal risks of short temi and unsecured contracts, other major concems involve V￿rkIng with vulnerable adults and lone worker con¢ems. Each client and workplace undergoes a risk assessment and strategies are PLrt in place to cope with potential identified risks, e.g. vthat to do if a client has an epileptic fit, is aggressive or leaves the centre during a session. Page 3

HEADWAY BASINGSTOKE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03206788 (England and Wales) Registered Charlty number 1056048 Registered office Headway Place Homefield Way Basingstoke Hampshire RG24 9SP Trustees Mrs E Vincent Ms B Cummins Dr J Marriage Mrs L Vass Mrs B Waller {Chair) Termination of appointment 14 February 2025 Company Secretary Mrs L Vass Operations Manager Mr D Snyman Cllnical Lead Ms R Silva Independent Examlner Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire P07 6XP Bankers C￿Operative Bank PIC Business Direct PO Box 250 Skelmersdale Approved by orderofthe 8oard of Trustees on... ......... ...................... . and signed on its behalf by.. Mrs E Vin￿nt - Trustee Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADWAY BASINGSTOKE Independent examinerfs report to the trustees of Headway Baslngstoke Dhe Company.) S report to the charity trustees on my examination of the accounts of the Company for the year ended 31 De￿mber 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 axounts in accordance Nvith the reqU1￿ments 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 ￿rrIed 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 examlnerfs stat•m•nt Since your charity's gross income ex￿eded £250,000 your examiner must be a member of a listed body. I can confim that l am qualffied to undertake the examination because l am a member of the Institute of Chartered Accountsnts in England and Wales, which is one of the listed bodies. I have completed my examination. I confimi that no matters have come to my attention in connection with the examinats'on giving me cause to believe.. accounts'ng records were not kept in respect of the Company as required by Section 388 of the 2006 Act., or the accounts do not accord with those records; or 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 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 coneems and have come across no other matters in connection with the examination to which attents.on should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Gavin l+Vhitter Gibson Ivhitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire P07 6XP /£/?ILr Page S

HEADWAY BASINGSTOKE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 Total funds 31.12.23 Total funds Unrestricted funds Restricted fvnd Notes INCOME AND ENDOWMENTS FROM Donats'ons and legacies 280,325 280,325 275,617 Charltsble activities Centre Services 11,750 Other trading activities Investment income 7,039 11,969 7,039 11,969 3,321 9,547 Total 299,333 299,333 300,235 EXPENDITURE ON Charitable actlvltles Centre Services 328,073 14,046 342,119 295,987 NET INCOMEI(EXPENDITURE) (28,740) {14,046) (42.786) 4,248 RECONCILIATION OF FUNDS Total funds brought forward 375,648 14,252 389,900 385,652 TOTAL FUNDS CARRIED FORWARD 346,908 208 347,114 389,900 The notes fomi part of these financial statements Page 6

HEADWAY BASINGSTOKE BALANCE SHEET 31 DECEMBER 2024 31.12.24 31.12.23 Notes FIXED ASSETS Tangible assets 13 4,647 5,509 CURRENT ASSETS Debtors Cash at bank and in hand 14 4,885 379,903 3,164 393,259 384,788 396,423 CREDITORS Amounts falling due within one year 15 (42,321) (12,032) NET CURRENT ASSETS 342,467 384,391 TOTAL ASSETS LESS CURRENT LIABILITIES 347,114 389,900 NET ASSETS 347,114 389,900 FUNDS Unrestricted funds Restricted funds 17 346,908 206 375,648 14,252 TOTAL FUNDS 347,114 389,900 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 othe￿ise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b) These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial issue on . ate ents ere approved and authorised for issue by the Board of Trustees and authorised for and were signed on its behalf by.. Mrs E Vincent - Trustee The notes fom part of these financial statements Page 7

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basls of preparlng the flnanclal statements The financial statements of the charitsble company, Nthich 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. Income Voluntsry income including donations, gifts and legacies and grants that provide core funding or are of general nature are recognised where there is entitlement, the re￿Ipt Is probable and the amount can be measured vthth sufficient reliabilty. Income from activities to generate funds, Such as Headway Place sales, and investment income are recognised on a receivable basis. Income from charitable activiti'es includes income received under contract or where entitlement to grant fvnding is subject to specific perfomance conditions. Such income is only deferred Nthen.. the donor specifies that the grant or donation must only be used in future accounting periods., or the donor ha8 imposed conditions which must be met before the charity has uncondrtional entitlement. Volunteers and donated urvlc•s The value of services provided by volunteers is not incorporated into th88e financial statements. Where goods or seNices are provided to the charity as a donation that ￿￿Uld normally be purchased from suppliers, tris contribution is included in the financial ststements at an ests'mate based on the value of the contribution to the charity. Expendlturn Expenditure is recognised when a liability is incurred. Contractual arrangements are recognised as goods or services are supplied. Expenditure on raising funds are those costs incurred in attracting voluntary income. Charitable activities include expenditure associated wth increasing awareness and understanding of brain injuries, activities to reduce incidences of brain injury, provision of infomiation support to people with brain injuries. their families and their carers and assist people with brain injuries to retum to communty living. Charitable activities include both the direct costs and support costs relating to these activities. Support costs include central functions and governance costs and have been allocated to activities on a basis consistent with the use of resources. Irr•cov•rable VAT All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Tangible fixed assets Depreciation is provided at the following annual rates in order to WTite off each asset over its estimated useful life. Plant and machinery 250A on cost Fixiures and fith-ngs 250A on cost Computer equipment 33% on cost Tangible fixed assets in excess of £1,000 are capitalised at cost. Page 8 continued...

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES - contlnued Taxatlon The charity is exempt from corporation tax on its Charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitsble 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. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Penslon costs and other po8twretlrement benefit8 The chantable company has established a defined contribution pension scheme for employees. Employees vtho were previously employed by the NHS and have been TUPE'd across remain members of the Defined Benefit Pension Scheme. DONAnONS AND LEGACIES 31.12.24 31.12.23 Donations Grants Client contributions 10,540 269,785 4,795 267,410 3,412 280,325 275,617 Grants received, included in the above, are as follows.. 31.12.24 31.12.23 CCG 269,785 267,410 OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Fundraising events Headway Place income 2,728 4,311 2,107 1,214 7,039 3,321 Page 9 continued...

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 INVESTMENT INCOME 31.12.24 31.12.23 Deposit account interest Bond income 45 9,502 11,969 11,969 9,547 INCOME FROM CHARITABLE ACTMTIES 31.12.24 31.12.23 Activty Centre Services Grants 11,750 Grants received, included in the above, are as follows.. 31.12.24 31.12.23 Basingstoke and Deane Borough Council 11,750 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 7) Support costs (see note 8) Totals Centre SeDiices 227,165 114,954 342,119 DIRECT COSTS OF CHARITABLE ACTNMES 31.12.24 31.12.23 Staff costs Travel expenses Other staff costs Client services Benevolent fund 167,989 2,006 2,655 54,515 130,465 1,304 1,694 55,440 557 227,165 189,460 SUPPORT COSTS Governance costs Management Totals Centre Services 113,100 1,854 114,954 Page 10 continued...

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 SUPPORT COSTS - continued Support costs, included in the above, are as follows.. Management 31.12.24 Cent Services 31.12.23 Total activits'es Rent Premises costs Insurance Utilities Telephone Postage and stationery Computer costs Sundries Legal and professional fees Equipment repairs and renewals Depreciation of tangible assets 59,888 19,527 2,507 9,967 6,170 4,219 1,766 798 1,281 1,851 5,126 60,978 15,702 850 10,104 4,527 2,632 1,127 1,368 1,045 1,246 5,184 113,100 104,763 Governance costs 31.12.24 Centre SeNices 31.12.23 Total activities Independent examiners fee 1,854 1,784 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargin￿(Crediting). 31.12.24 31.12.23 Depreciation - owned assets Other operats'ng leases Independent examiners fee 5,126 59,888 1,854 5,184 60,978 1,764 10. TRUSTEES. REMUNERATION AND BENEFITS There were no Trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 310ecember 2023. Page11 continued...

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 10. TRUSTEES. REMUNERATION AND BENEFITS - contlnued Trustees. expenses During the year i%vo Trustees (31.12.23.' one Trustees) Y￿re reimbutsed for out of pocket expenses totalling £478 (31.12.23'. £1421. 11. STAFF COSTS 31.12.24 31.12.23 Wages and salaries Social security costs Other pension costs 155,163 5,893 6,933 124,044 1,119 5,302 167,989 130,465 The average monthly number of employees during the year was as follovts.. 31.12.24 31.12.23 Charitable No employees received emoluments in excess of £60,000. Pen8lon s¢heme• The contributions to the scheme are independently administered. The defined contribution pension payments are drawn out of unrestricted funds and charged to charitsble activities. 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnrestTiGted fvnds Restricted fund Totsl funds INCOMEAND ENDOWMENTS FROM Donations and legacies 275,617 275,617 Charltable actSvltles Centre Services 11,750 11,750 Other trading activities Investment income 3,321 9,547 3,321 9,547 Totsl 300,235 300,235 EXPENDITURE ON Charitable activlties Centre Services 283,400 12,587 295,987 NET INCOMEI(EXPENDITURE) 16,835 (12,587) 4,248 RECONCILIATION OF FUNDS Total funds brought fOn￿ard 358,813 26,839 385,652 TOTAL FUNDS CARRIED FORWARD 375,648 14,252 389,900 Page 12 continued...

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - conlinued FOR THE YEAR ENDED 31 DECEMBER 2024 13. TANGIBLE FIXED ASSETS Fixtures and fittings Plant and machinery Computer equipment Totals COST At 1 January 2024 Additions Disposals 4,107 8,343 1,679 (3,080) 8,904 2,585 21,354 4,264 (3,080) At 31 December 2024 4,107 6,942 11.489 22,538 DEPRECIATION At 1 January 2024 Charge for year Eliminated on disposal 4,107 5,862 1,246 (3,080) 5,876 3,880 15,845 5,126 (3,080) At 31 December 2024 4,107 4,028 9,756 17,891 NET BOOK VALUE At 31 December 2024 2,914 1,733 4,647 At 31 December 2023 2,481 3,028 5,509 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Other debtors 4,885 3,164 1 S. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Social security and other taxes Other creditors Accnjed expenses 2,513 4,272 35,536 2,505 7.661 42,321 12,032 16. ANALYSIS OF NET ASSETS 8ETWEEN FUNDS 31.12.24 Total nds 31.12.23 Total funds Unrestricted fvnds Restricted fund Fixed assets Current assets Current liabilities 4,647 384,582 (42,321) 4,647 384,788 (42,321) 5,509 396,423 (12,032) 206 346,908 206 347,114 389,900 Page 13 continued...

HEADWAY BASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 17. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 Unrestrlctsd funds General funds Benevolent Fund Headway 8uilding Fund 131,205 9,443 235,000 (28,740) 102,465 9,443 235,000 375,648 (28,740) 346,908 Restrlctsd funds Headfirst appeal 14,252 (14,046) 206 TOTAL FUNDS 389,900 (42,786) 347,114 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in fijnds Unreslrlctod funds General funds 299,333 (328,073) (28,740) Restrlcted funds Headfirst appeal (14,046) (14,046) TOTAL FUNDS 299,333 (342,119) (42,786) Comparatlve¥ for movement In funds Net movement in funds At 31.12.23 At1.1.23 Unrostrlctsd funds General funds Benevolent Fund Headway Building Fund 113,813 10,000 235,000 17,392 (557) 131,205 9,443 235,000 358,813 16,835 375,648 Restricted funds Headfirst appeal 26,839 (12,587) 14,252 TOTAL FUNDS 385,652 4,248 389,900 Page 14 continued...

HEADWAY 8ASINGSTOKE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 17. MOVEMENT IN FUNDS - continued Comparative net movement in fijnds, included in the above are as follovB'. Incoming resources Resources expended Movement in funds Unrestricted funds General funds Benevolent Fund 300,235 (282,843) (557) 17,392 (557) 300,235 (283,400) 16,835 Restricted fund8 Headfirst appeal (12,587) (12,587) TOTAL FUNDS 300,235 (295,987) 4,248 The restricted fijnd derives from the HEADFIRST appeal to ralse £150,000 to equlp and adapt the premises specifically for Headway purposes. The balance is the amount remaining unspent from the appeal. The benevolent fund represents support for clients who became homeless. The fund will be spent on dients is most need providing food and other support where these clients only support is from Head￿dy. The Headway building fund is fund set aside for a bespoke facility building. 18. RELATED PARTY DISCLOSURES There wfftre no related party transactions for the year ended 31 December 2024. 19. ULTIMATE CONTROLLING PARTY The charitable company is under the control of its members, none of whom individually have control of the company. Page 15