.
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TR,
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(\ \ ‘SP
Headway
SOUTHAMPTON SOUTHAMPTON
**----- End of picture text -----**
HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON ANNUAL ANNUAL[REPORT] REPORT AND AND FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025[2025]
Company Company Limited Limited by[by] Guarantee[Guarantee] Registered Registered in[in] England[England] No. No. 03263597 03263597 Registered Registered Charity Charity No. No. 1058717 1058717
.
120 120 Commercial Commercial Road Road Totton Totton Southampton Southampton $040 S040 3AD 3AD
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
.
> CONTENTS CONTENTS OF OF THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS
> FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025
||||
|---|---|
||Page
Page|
|Officialsand otherdetails
Officials and other details|1
1|
|Report ofthe trustees
Report ofthe trustees|2-3
2-3|
|Chairperson'sreport
Chairperson's report|4—6
4-6|
|Independent Examiner's report
Independent Examiner's report|7
7|
|Statement of financial activities
Statement offinancial activities|8
8|
|Balance Sheet
Balance Sheet|9
9|
|Notes to the accounts
Notes to the accounts|10 -13
10 -13|
|Non
- statutory information, for the trusteesonly
Non - statutory information, for the trustees only||
|Detailed trading and profit and loss account
Detailedtradingandprofitandlossaccount|14-16|
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## COMPANY COMPANY INFORMATION INFORMATION FOR THE FOR THE[YEAR] YEAR ENDED ENDED 31[31] MARCH MARCH[2025] 2025
.
|Trustees
Trustees|JLloyd(Chairperson)
J Lloyd (Chairperson)|
|---|---|
||E Thomas
E Thomas|
||E M Bailey
EM Bailey|
||D Hunter
D Hunter|
||T Fanner
T Farmer|
||K Wasilek
K Wasilek|
||T Hartigan (appointed 27 Nov 2024)
T Hartigan (appointed 27Nov 2024)|
|Manager
Manager|T Lockwood
T Lockwood|
|Bankers
Bankers|LloydsTSB
LloydsTSB|
||Shirley Branch
Shirley Branch|
||77 Shirley High Street
77 ShirleyHigh Street|
||Southampton
Southampton|
||S015 3TX
SO15 3TX|
|Accountants
Accountants|Hub Accountants Ltd
Hub Accountants Ltd|
||Innovation House
Innovation House|
||WincombeLane
Wincombe Lane|
||Shaftesbury
Shaftesbury|
||Dorset
Dorset|
||SP7 8FG
SP7 8FG|
|Address &RegisteredOffice
Address& Registered Office|120 Commercial Road
120 Commercial Road|
||Totton
Totton|
||Southampton
Southampton|
||S040 3AD
S040 3AD|
|Company Secretary
Company Secretary|M Bennett
M Bennett|
|Solicitors
Solicitors|Trethowans
Trethowans|
||Rockstone Place
Rockstone Place|
||Southampton
Southampton|
||S015 2EP
SO15 2EP|
|Company Number
CompanyNumber|03263597
03263597|
|Charity Number
CharityNumber|1058717
1058717|
Page Page 1[1]
°
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025 ee The The trustees trustees[submit] submit their their annual annual report report and[and] the[the] accounts accounts for[for] the[the] year year ended[ended][ 3] 31[1] March[March] 2025.[2025.]
## Objects Objects and and Principal Principal Activity Activity
> The The objects objects and[and][principal] principal activity activity of[of] the[the] company company continued continued to to be[be] the[the] rehabilitation[rehabilitation] of[of] persons persons who[who] have[have] suffered[suffered] acquired[acquired]
> brain brain injuries injuries and and who who[reside] reside[in] in Southampton Southampton[and] and South South West West Hampshire[Hampshire] and[and] to[to] advance[advance] the[the] education[education] of[of] the[the] public[public] in[in] the[the]
> matter matter[of] of head head injuries. injuries. Headway Headway Southampton Southampton[is] is affiliated[affiliated] to[to] Headway[Headway] — — the the brain brain injury injury association, association, which which is is a a separate separa e
> company company[limited] limited[by] by guarantee.[guarantee.]
Review Review of of the the Year Year and and Plans Plans for for the the Future Future The The review review[of] of[ the] the year year and[and] plans plans for for the[the][future] future are are[included] included in in the[the] attached attached report[report] of[of] the[ the] Chairperson.[Chairperson.]
Trustees Trustees The The Trustees Trustees are are responsible responsible for for decision decision making making within within the[the] organisation[organisation] based based upon upon reports[reports] and[and] other[other] information[information] provided[provided] by by[the] the Manager Manager and[and] other other members members of[of] staff. staff. The The[trustees] trustees[ who] who served during served[during] the[the] year year are are as[as] listed[listed] below:[below:]
> J J Lloyd Lloyd (Chairperson) (Chairperson)
> E E Thomas Thomas
> E E M M Bailey Bailey
> D D Hunter Hunter
> T T[Fanner] Farmer
> K K Wasilek Wasilek
> T T[Hartigan] Hartigan[ (appointed] (appointed[27] 27[November] November 2024)[2024)]
> In In[accordance] accordance[with] with clause clause[29] 29 of[of] the[the][Articles] Articles of[of][ Association] Association one one third[third] of[of] the[the] trustees[trustees] retire[retire] at[at] the[the] forthcoming[forthcoming] Annual[Annual] General[General]
> Meeting Meeting and and offer[offer] themselves[themselves][for] for re-election. re-election.
> In In[accordance] accordance[with] with clause clause 5[5] of[of] the[the] Memorandum Memorandum of[of][ Association,] Association, no no trustee[trustee] was was in[in] receipt[receipt] of[of] any any remuneration[remuneration] in[in] respect[respect] of[of]
> his his or or her her services. services.
> The The company company[is] is[limited] limited by by guarantee,[guarantee,] not not[having] having a a share[share] capital. capital. The[The] company company is[is] established[established] as[as] a[a] charitable[charitable] body[body] not[not] for[for]
> profit. profit. Accordingly, Accordingly, the[the] trustees, trustees, who who are are also[also] members members of[of] the[the] company, company, have have no no beneficial[beneficial] interest[interest] in[in] the[the] equity[equity] or[or] assets[assets] of[of]
> the the company. company.
> The The maximum maximum contribution contribution required required from from[each] each member, member, in[in] the[the] event event of[of] a[a] winding[winding] up up is[is] £10.[E][ 10.]
> The The[Articles] Articles of of Association Association of[of][ the] the company company govern govern the[the] appointment appointment of[of] trustees.[ trustees.]
Risk Risk review review The The trustees trustees[actively] actively review[review][the] the major major risks risks which which the[the] charity[charity] faces faces on on a[a] regular[regular] basis[basis] and[and] believe[believe] that[that] maintaining[maintaining] our our reserves reserves[at] at[the] the[levels] levels stated[stated] on on page[page] 8[8][to] to[these] these accounts[accounts] combined[combined] with[with] our[our] annual[annual] review[review] of[of] the[the] controls[controls] over[over] key[key] financial[financial] systems systems[carried] carried out out will will provide provide sufficient[sufficient] resources resources[in] in the[the] event[event] of[of] adverse[adverse] conditions.[conditions.] The[The] trustees[trustees] have[have] also[also] examined[examined] other other operational operational and[and] business business risks, risks, which which they they face[face] and[and] confirm[confirm] that[that] they[they] have have established[established] systems[systems] to to mitigate mitigate the the significant significant risks. risks.
## Public Public benefit benefit
> The The trustees trustees have have considered considered[the] the definitions definitions[of] of charitable charitable purpose purpose in[in] the[the] Charities[Charities] Act Act 2011,[2011,] and[and] are[are] confident[confident] that[that] the[the] activities[of][the][charity] are conducted[for][the][benefit][of][the][public][and] fall[clearly][under][the][headings][of][ the][ advancement][of] activities of the charity are conducted for the benefit of the public and fall clearly under the headings of the advancement of health, health,[the] the advancement advancement of of education, education, with[with] regard regard[to] to the[the] causes causes and and consequences consequences of[of] acquired[acquired brain] brain injury injury and[and] the[the] relief[relief] of[of]
> those those in in need need by by reason reason of of ill-health, ill-health, disability, disability,[financial] financial hardship hardship or or other other disadvantage. disadvantage.
eeeee ee Page Page 2[2] continued.... continued....
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES - - continued continued FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025
°
## Trustees' Trustees’ Responsibilities Responsibilities
> Company Company law law[requires] requires the the trustees trustees to to prepare prepare accounts accounts for for each each financial financial year, year, which which give give a a true[true] and[and] fair fair view view of[of] the[the]
> company's company’s state state[of] of affairs affairs at at[the] the end end[of] of the[the] year year and[and] of[of] its[its] surplus surplus or or deficit deficit for[for] that that period.[period.] In In preparing preparing those[those] accounts accounts the[the]
> trustees trustees are are required required[to:] to:
- ®@ Select Select suitable suitable accounting accounting policies policies and and then apply then apply them them consistently. consistently.
- @
- Make Make judgements judgements and[and] estimates estimates that[that] are are reasonable reasonable and and prudent. prudent.
@ Prepare Prepare[the] the accounts accounts on on[the] the[going] going concern concern basis[basis] unless unless it[it] is[is] inappropriate[inappropriate] to[to] assume assume that the will continue in business. that the company company will continue in business. The The trustees trustees are are responsible responsible for for keeping keeping proper proper accounting accounting records records which which disclose disclose with[with] reasonable reasonable accuracy accuracy at at any any time time the[the] financial financial position position of of the the company company and and to to enable enable them them to to ensure ensure that that the the accounts accounts comply comply with with the the Companies Companies Act Act 2006. 2006. They They are are[responsible] responsible for for safeguarding safeguarding the the assets assets of of the the company company and and hence hence for for taking taking reasonable reasonable steps steps for for the the prevention prevention and and detection detection[of] of fraud fraud or or in-egularities. irregularities.
> Approved Approved by by[the] the board board[of] of trustees trustees on on
Trustee Trustee
Page Page 3[3]
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## CHAIRPERSON'S CHAIRPERSON’S REPORT REPORT FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025
.
> Headway Headway Southampton Southampton is is a a registered registered charity charity and and a a company company limited[limited] by by guarantee. guarantee. Our Our mission mission is is to to improve improve the[the] lives lives and and
> promote promote[the] the independence independence[of] of[local] local[brain] brain injury[injury] survivors,[survivors,] to to provide provide support support and[and] advice advice to to their their families, families, friends, friends, and[and] carers carers
> and and to to[raise] raise awareness awareness of[of] the[the] life life changing changing effects effects of[of] brain brain injury. injury. The The organisation organisation provides provides a a community-based, community-based, post-acute post-acute
> rehabilitation, rehabilitation, activity, activity, and and support support service service[for] for adults[adults] with with an an acquired acquired brain brain injury. injury. Our Our board board of of Trustees Trustees met met six six times times
> during during[the] the year year[to] to review review and and assess assess this this work, work, develop develop policies, policies, advise advise on on good good practice, practice, and and monitor monitor operations. operations.
> We We[provide] provide a[a] range range of[of] services[services][throughout] throughout the[the] working working week, week, supporting supporting adults[adults] who who are are living living with[with] an an Acquire Acquire Brain Brain Injury Injury (ABI) (ABI) across across Southalnpton, Southampton, South South Hampshire, Hampshire, Salisbury, Salisbury, South South Wiltshire Wiltshire and and Isle Isle of of Wight.[Wight.] We We provide provide 2[2] Day Day Centres; Centres; | in in
> Totton, Totton, Southampton Southampton and[and][the] the other other[in] in Salisbury Salisbury as as well well as as our our DIRECT DIRECT service[service] a a community community outreach outreach service service which which provides provides
> a a[hybrid] hybrid of of support support[for] for ABI ABI survivors,[survivors,] their their family family and and carers, carers, through through Digital Digital zoom zoom sessions, sessions, one one to to one’s one's to to help help with with filling filling
> out out forms, forms, walk walk and talks, and talks, support support groups, groups, with with a a view view to to helping helping service service users users connect connect and and live live the the best best lives lives they they can. can.
> Support Support[provided] provided addresses[addresses] various various needs needs such such as as mental mental and and physical physical health, health, unemployment, unemployment, everyday everyday skills,[skills,] independence independence
> and and[social] social inclusion. inclusion. This This[is] is delivered delivered through through a a wide wide range range of of group group and and 1:1-person[1:] I-person centred centred activities activities according according to to service[service]
> user user needs[needs][and requirements.] and requirements. Services[Services] are[are] delivered[delivered][through] through our our Day[Day] Centres,[Centres,] On-line,[On-line,] in[in] community[community] settings[settings] and[and] as[as] outreach.[outreach.]
> We We also[also][offer] offer[a] a subsidized[subsidized] counselling counselling service service for for both both survivors survivors and and their their families families to to access access across across all all the the regions regions we we
> support. support.
> This This[financial] financial year year[has] has been been[particularly] particularly challenging challenging for[for] the[the] charity, charity, with with the[the] dual dual impact impact of of cost-of-living[cost-of-living] increases increases and and the[the]
> conclusion conclusion of of a a significant significant National National Lottery Lottery Reaching Reaching Communities Communities grant. grant. The The conclusion conclusion of[of] this this funding funding resulted[resulted] in in a a
> E50,000 £50,000 reduction reduction this this year year to to the the DIRECT DIRECT budget budget and and a a further further £100,000[E] 100,000 shortfall shortfall in in the the next next financial financial year. year. The The charity charity has has
> subsequently subsequently had had to to keep keep all all budgets budgets on on tight tight review review all all year, year, make make adjustments adjustments and and launch launch a a focused focused fundraising fundraising effort effort to to
> ensure ensure[that] that[all] all[DIRECT] DIRECT[services] services could[could][continue] continue throughout[throughout] this[this] year.[year.] However,[However,] it[it] is[is] recognised[recognised] that,[that,] unless[unless] this[this] funding[funding] is[is] replaced, replaced, some some difficult difficult decisions decisions may may[be] be required required into into the[the] next next financial[financial] year. year.
> With With[the] the above above[in] in mind, mind, the the charity charity has has invested invested in in strengthening strengthening its its fundraising fundraising capacity capacity through through the the appointment appointment of of a a
> Business Business Development Development Manager. Manager. This This role role has has led led the the development development of of a a new new fundraising fundraising strategy strategy focused focused on on diversifying diversifying
> income income streams streams and[and] ensuring ensuring the[the] charity’s[charity's] long-term long-term sustainability. sustainability. The The strategy strategy not not only only seeks seeks to to secure secure funding funding to to sustain sustain
> existing existing services services through through established established sources, sources, such such as as charitable charitable trusts trusts and and foundations, foundations, events, events, corporate corporate partnerships, partnerships, and and
> public public donations, donations, but but also also aims aims to to increase increase the the charity’s charity's visibility visibility within within the the local local community. community. This This includes includes building building
> partnerships partnerships with with other other agencies agencies including including[those] those supporting supporting ABI ABI survivors survivors both both local, local, regional regional and and national national and and building building strong strong[links] links[with] with[local] local businesses businesses[to] to collaborate[collaborate] on on joint[joint] projects, projects, events,[events,] and[and] campaigns.[campaigns.]
> In In[addition,] addition,[the] the[charity] charity[is] is developing developing a a new new business business plan plan to to support support the[the] implementation implementation of of the[the] fundraising fundraising strategy strategy and and to to
> further further broaden broaden its its income income base. base. This This work work has has led led during during the the year year to to an an income income of of £121,511, E 121,511, despite despite the the loss loss of of the the major major
> grant grant mentioned mentioned above. above. It[It][is] is hoped[hoped] that that this this will will continue continue to to grow grow over over the[the] years years to to allow[allow] us us the[the] funding funding needed needed to to support support our our
> service service users users both both[in] in[the] the community community and and build build on on the[the] valuable valuable work work that that the[the] National National Lottery Lottery grant grant allowed allowed us us to to pioneer pioneer with with
> DIRECT. DIRECT. We We have have seen seen the[the] need need for[for] our our services[services] continue continue to[to] grow grow with with more more people[people] coming coming to to our our centre[centre] over over the[the] course course of[of]
> a a week week at at both[both] our our Totton[Totton] and and Salisbury Salisbury sites,[sites,] as as well well as as our our online online provision provision through through our our DIRECT DIRECT service. service.
> Referrals Referrals for for our our[services] services have have come come from from hospitals, hospitals, specialist specialist neuro neuro units, units, local[local] adult adult social social services, services, GPs, GPs, other other charity charity
> groups groups[as] as well well as as self-referrals.[self-referrals.] Over Over[the] the year year we we have have received[received] over over 185[185] new new referrals. referrals.
> Our Our[services] services continue continue to to be be based based on on[the] the four four pillars pillars of of support, support, with with regular regular reviews reviews carried can•ied out out for[for] each each service service user user to to
> ensure ensure[that] that[care] care[and] and support[support] are[are][tailored] tailored[to] to their[their] individual individual needs[needs] and[and] personal[personal] goals[goals] at at Headway Headway Southampton Southampton and and West West
> Wessex. Wessex. This This approach approach ensures ensures that[that] everything everything we we do do remains remains firmly firmly service[service] user user focused focused for[for] their their needs needs and and goals.[goals.]
> Each Each[service] service user user[is] is allocated allocated a a dedicated dedicated key key worker worker who who documents documents their their progress progress and and the[the] support support provided, provided, with with this this
> evidence evidence forming forming part part of of their their annual annual appraisal. appraisal.
## These[4] Pillars are: These4 Pillars are:
> 1. 1. Engagement: Engagement: Focusing Focusing on on supporting supporting service service users users to to engage engage cognitively cognitively with with activities, activities, events, events, and and the the world world around around
> them. them. This This includes includes helping helping them them to to develop develop coping coping strategies strategies that that reduce reduce the the impact impact of of their their brain brain injury injury and and promote promote greater greater
> confidence confidence and and participation participation in in daily daily life. life.
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> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
*
## CHAIRPERSON'S CHAIRPERSON’S[REPORT] REPORTcontinued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025
> 2. 2. Wellbeing: Wellbeing: Focusing Focusing on on supporting supporting both both their their physical physical and and mental mental wellbeing. wellbeing. It It encourages encourages the the development development of of positive positive habits, habits,[such] such as as engaging[engaging] in in hobbies, hobbies, wellness wellness exercises,[exercises,] fitness fitness routines,[routines,] and and cooking[cooking] skills. skills. These These activities activities help help service[service] users users
> gain gain a a[better] better understanding understanding[of] of[ nutrition] nutrition and[and] empower empower them them to to apply[apply] these[these] skills skills independently independently at[at] home. home.
> 3. 3. Community: Community: Supports Supports service service users users in in building building friendships, friendships, gaining gaining peer peer support, support, and and sharing sharing best best practices practices for for living living with with life life[after] after an an[ABI.] ABI.[It] It also[also][includes] includes guidance[guidance] on on using[using] social[social] media[media] safely[safely] and and responsibly,[responsibly,] helping[helping] individuals individuals to[to] stay[stay] connected connected
> and and engaged engaged within within their their wider[wider] community. community.
> 4. 4. Independence: Independence: Focussing Focussing on on helping helping service service users users develop develop the the skills skills needed needed to to achieve achieve the the greatest greatest possible possible level leve of of independence. independence.[It] It equips equips them them[with] with practical practical abilities abilities[that] that can can be[be] applied applied in in their their everyday everyday lives, lives, enabling enabling them them to[to] transfer transfer what what they they[learn] learn at at with with us us at[at] Headway Headway Southampton Southampton and[and] West West Wessex Wessex into into their their home home and[and] community community environments. environments.
> In In line line[with] with[the] the 4[4] pillars, pillars, our our[in-centre] in-centre services[services] continue continue to to grow grow in[in] both[both] Totton[Totton] and[and] Salisbury, Salisbury, as as do[do] the[the] range range and[and] scope scope of[of]
> activities activities we we can can provide. provide. These These include include fitness fitness and[and] sport sport activities activities in[in] the[the] form form of badminton,[of] badminton, tennis, tennis, walks, walks, swimming, swimming, horse[horse]
> riding, riding, bowling, bowling, cycling cycling and[and] neuro neuro fitness fitness activities. activities.
> We We[also] also[hold] hold[cognitive] cognitive session session[that] that[include] include memory memory games games and and strategies, strategies, quizzes[quizzes] and[and] problem-solving[problem-solving] activities[activities] as as well well as as
> using using music music and and art[art] therapy, therapy, we we are are also also developing developing speech speech and and language language sessions,[sessions,] to to help help develop develop new new post post injury injury coping coping and and
> cognitive cognitive strategies. strategies.
> In In[the] the last last year year we we have have[provided] provided 4,312 4,312 sessions sessions[in] in our our centres centres and and 2,823 2,823 support support sessions sessions through[through] DIRECT. DIRECT. We We have have
> supported supported 277 277 ABI ABI survivors survivors across across these these sessions. sessions. At At the the beginning beginning of of the[the] year year Headway Headway Salisbury Salisbury and and South South Wiltshire Wiltshire (Charity (Charity[number] number[1137281)] 1137281) passed[passed] its[its] assets[assets] and[and] responsibilities[responsibilities] over over to[to] Headway[Headway] Southampton[Southampton] and[and] we we began[began] to[to] use use the[the]
> working working name name of[of] Headway Headway Southampton Southampton and[and] West West Wessex. Wessex. We We were were able[able] to to adapt[adapt] the[the] existing existing provision provision there[there] to to fit fit into into our our business business model, model, enabling enabling us us to[to] offer[offer] a a wider[wider] range range of[of] activities activities as as well well as as resources resources to to that that locality.[locality.] This This approach approach has[has] enabled[enabled]
> us us[to] to expand expand[the] the Salisbury[Salisbury] Day Day Centre Centre from from operating operating one one morning[morning] a a week[week] to[to] offering[offering] a[a] full full day[day] of[of] services, services, with[with] attendance attendance
> increasing increasing from from[7] 7 to to[12] 12 participants. participants. In In[addition,] addition, we we have have successfully successfully implemented implemented the[the] DIRECT DIRECT model, model, originally[originally] pioneered pioneered
> in in Southampton, Southampton, into into the the South South Wiltshire Wiltshire area. area. This This has has allowed allowed us us to to run run an an outreach outreach programme programme across across the the region region and and start start
> developing developing valuable valuable local local[partnerships.] partnerships.
> During During[the] the year year we we were were approached approached by by Headway Headway UK UK to to take[take] over over the[the] management management and[and] running running of[of] a a small small volunteer-led volunteer-led
> Headway Headway branch branch on on[the] the[Isle] Isle of of Wight. Wight. This This was was operating operating on on a a once-a-month once-a-month Saturday[Saturday] morning morning and[and] now now 10 10 people[people] regularly regularly
> attend attend each each month. month. The The group group is is made made up up of of service service users users as as well well as as their their family family members. members. We We hope hope to to continue continue developing developing this this[service] service in in the the coming coming years years and and offer offer similar similar experiences experiences for for those those with with and and ABI ABI as as we we do do on on the[the] mainland mainland from from
> Southampton Southampton and and Salisbury. Salisbury.
> Despite Despite the the financial financial difficulties difficulties previously previously outlined, outlined, the the charity charity achieved achieved an an income income of of £416,086 €416,086 in in 2024/25 2024/25 and and an an expenditure expenditure of of €408,032, £408,032, giving giving[the] the charity[charity] a a small small surplus surplus for[for] the[the] year year of of £8,054.[€8,054.]
> The The[charity] charity currently currently employees employees[12] 12 members members of of staff. staff.
> The The Charity Charity currently currently holds holds £181,746[E] 181,746 of of unrestricted unrestricted and[and] undesignated undesignated reserves reserves which which equate equate to to approximately approximately 5[5] months' months'
> worth worth of of expenses. expenses. It It has has restricted restricted reserves reserves of of £26,124 €26,124 and and has has designated designated funds funds of of £185,000. €185,000. The The total total reserves reserves are are
> €392,870. £392,870.
> Headway Headway Southampton Southampton holds holds reserves reserves predominantly predominantly to to mitigate mitigate against against the[the] risk risk of[of] a a decline decline in[in] income,[income,] especially especially in[in] the[the]
> current current climate. climate. Holding Holding an an appropriate[appropriate] level[level] of[of] reserves reserves means means that[that] the[the] charity[charity] would[would] be[be] able[able] to to continue continue the the current current
> activities activities[of] of Headway Headway Southampton Southampton and[and] West West Wessex Wessex in[in] the[the] event event of[of] a a significant[significant] drop[drop] in[in] funding. funding. The The reserves reserves held held will will
> allow allow[sufficient] sufficient time time to to secure secure replacement replacement funding funding or or consider consider a a change change or or reduction reduction in in activities. activities. Our Our reserves reserves policy policy
> considers considers[the] the[level] level of of committed committed income income already already secured secured for[for] future future years years and[and] the[the] timescale timescale over over which which our our contracts contracts operate. operate.
> Our Our policy policy[is] is to to maintain maintain free[free] reserves reserves equating equating to to a a minimum mmimum of[of] 6[6] months months & & a a maximum maximum of[of] 12 12 months months of[of] expenditure. expenditure. At At
> current current[levels] levels of[of] expenditure, expenditure, this this[target] target level[level] of[of] free[free] reserves reserves is[is] considered[considered] to[to] be[be] between between £204,016[€204,016-] £408.032. Free Free reserves reserves including including[Designated] Designated Funds[Funds] at[at] the[the] year-end[year-end of] of £366,746[ €366,746 sit] sit within within this[this] target.[target.]
Page Page 5[5]
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY[COMPANY] LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## CHAIRPERSON'S CHAIRPERSON’S[REPORT] REPORTcontinued continued FOR FOR THE THE YEAR YEAR ENDED ENDED[31] 31 MARCH MARCH 2025 2025
.
## Reserves Reserves Policy Policy
> The The Trustees Trustees policy policy for for reserves reserves is is to to ensure ensure[that] that there[there] are are sufficient sufficient funds[funds] for[for] a a minimum minimum of[of] 6[6] months months and and to to meet meet outstanding outstanding commitments commitments and and staff staff costs costs if if the[the] charity[charity] is[is] forced forced to to close. close.
## Unrestricted Unrestricted Funds Funds
> The The unrestricted unrestricted[fund] fund is[is] for for[the] the general general running running[pf] of the[the] Day Day service. service. In In line line with[with] our our reserves reserves policy,[policy,] we we are are required required to to keep keep
> €185,000 £185,000[in] in reserve reserve (a[(a] minimum minimum of[of][ 6] 6 months months operational operational expenditure) expenditure) in in case case of[of] unexpected unexpected closure[closure] /[/] redundancies. redundancies.
Although Although[affiliated] affiliated[to] to[Headway] Headway UK UK[for] for[the] the purposes purposes of[of] policy,[ policy,] campaigning[campaigning] and[and] guidance,[guidance,] Headway[Headway] Southampton[Southampton] is[is] its[its] own own independent independent charity charity (1058717) (1058717) and and receives receives no no[financial] financial[benefits] benefits from from Headway Headway UK. UK.
> The The trustees trustees are are confident confident in in the[the] financial financial position position of[of][the] the charity[charity] and[and] its[its] ability ability to to continue continue to to meet meet its[its] future[future] charitable charitable obligations. obligations.
> I I would would like like to to thank thank all all our our stakeholders stakeholders who who have have helped helped to to make make this this year year a a successful successful one one for for Headway Headway Southampton, Southampton, as as
> we we[continue] continue[to] to grow grow and[and] develop[develop] as[as][a] a charity[charity] to[to] meet[meet][ the] the needs[needs] of[of] survivors[ survivors] of[of an] an ABI[ABI] living[living] in[in] a[a] post[post pandemic] pandemic society.[society.] This[This]
> includes includes our our team team of of staff staff and[and] volunteers volunteers who who provide provide such[such] a a great great service[service] for[for] those[those] who who have have survived survived an an acquired acquired brain brain
> injury, injury, as as well well as as[those] those[that] that care care for for[them.] them.[I] I would would[also] also like like to to thank[thank] all all those[those] who who have have generously[generously] fundraised fundraised and and donated[donated] to[to]
> us us over over[the] the last last year year and and[the] the grants grants and[and] contracts[contracts][that] that[have] have helped[helped] us us to[to] continue[continue] to[to] push[push] forward[forward] and[and] offer[offer] the[the] best[best] support[support]
> and and[service] service that[that] we we can. can. Many Many thanks thanks to to you you all:[all:]
## Boshier-Hinton Boshier-Hinton Foundation, Foundation, Action Action Hampshire, Hampshire, Co-op, Co-op, Douglas Douglas Arter Arter Foundation, Foundation,
> Healthwatch Healthwatch Hampshire, Hampshire, Hampshire Hampshire County County Council, Council, Southampton Southampton City City Council, Council, Wiltshire Wiltshire County County Council, Council, Hedley Hedley[Foundation,] Foundation,[James] James Wise Wise Charitable[Charitable] Trust,[Trust,] One[One] Stop[Stop] Community,[Community,] Ray[Ray] Harris[Harris] Charitable[Charitable] Trust,[Trust,] Society Society of of Statisticians, Statisticians, The The Alice Alice Cooper-Dean Cooper-Dean Charitable Charitable Trust.[Trust.] The The Carmela Carmela & & Ronnie Ronnie Pignatelli[Pignatelli][Foundation,] Foundation, Wiltshire Wiltshire[Community] Community[Foundation,] Foundation,[Zurich] Zurich Community[Community][Fund,] Fund, Tom Tom Langton[Langton] Fund,[Fund,] Peartree[Peartree][ House] House team,[team,] Councillor Neville Councillor Neville Penman, Penman, Coopervision,[Coopervision,][The] The Concorde[Concorde] Club,[Club,] Costco,[Costco,] Exbury[Exbury] Gardens,[Gardens,] AFC[AFC] Totton,[Totton,] David David Guzman,[Guzman,][ Exxon] Exxon[Mobile,] Mobile, Gosport[Gosport] Freemasons,[Freemasons,][Isabelle] Isabelle[ Parkes,] Parkes,[ Geoff] Geoff Blachford,[ Blachford,] Kevy Kevy Mondz,[Mondz,]
> M M[Pritchard,] Pritchard, Peter Peter Robertson,[Robertson,] Martin Martin[Watt,] Watt,[Hugh] Hugh James,[James,] Netley[Netley] Steam[Steam] Rally[Rally][ Committee,] Committee, Tara Tara Doel,[Doel,] Kirsty Kirsty[Ealden,] Ealden,[Noreen] Noreen[Siba,] Siba,[Patricia] Patricia[Whitfield,] Whitfield, Stephen[Stephen][Payne,] Payne, Stef[Stef][ Jordan,] Jordan, Pavol,[Pavol,]
> Salisbury Salisbury Rugby Rugby Club, Club, Katherine Katherine Drummond, Drummond, Perry[Pen-y] Groves, Groves, Paultons Paultons Park, Park, South South Western Western Railway,[Railway,]
> Red Red Funnel, Funnel, Ian Ian Taylor, Taylor,[Beaulieu] Beaulieu Motor Motor Museum Museum and[and] the[the] Mayflower Mayflower Theatre. Theatre.
> Finally, Finally, I I would would like like to to thank thank all all our our service service users users who who continue continue to to inspire, inspire, challenge, challenge, and and motivate motivate us us with with their their stories stories of of
> survival, survival, endurance, endurance, and and optimism optimism in in the the face face of of life life changing changing injuries. Injuries.
> Jack Jack Lloyd Lloyd
> Chairperson Chairperson —
Page Page 6[6]
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY[COMPANY] LIMITED LIMITED BY BY GUARANTEE GUARANTEE INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER'S REPORT REPORT TO TO THE THE TRUSTEES TRUSTEES
> FOR FOR THE THE YEAR YEAR ENDED ENDED[31] 31 MARCH MARCH 2025 2025
> I I report report to to the the charity charity trustees trustees on on my my examination examination of of the the accounts accounts of of the the company company for for the the year year ended ended 31 31 March March 2025, 2025, which which
> are are set set out out on on pages pages 8[8] - - 13. 13.
Responsibilities Responsibilities and[and][basis] basis of of report[report] As As[the] the[charity's] charity’s[trustees] trustees of of[the] the company company (and[(and] also[also] its[its] directors[directors] for[for] the[the] purposes purposes of[of] company company law)[law)] you you are are responsible[responsible] for[for] the[the] preparation preparation of of the[the] accounts accounts in in[accordance] accordance with with[the] the requirements requirements of[of] the[the] Companies[Companies] Act Act 2006 2006 (“the[("the] 2006 2006 Act’).[Act").] Having Having[satisfied] satisfied myself myself that[that][the] the[accounts] accounts of of the[the] Company[Company] are[are] not[not][ required] required to[to] be[be] audited[audited] under[under] Part[Part] 16[16] of[of] the[the] 2006[2006] Act Act and[and] are are eligible eligible[for] for[independent] independent examination, examination,[I] I report report[in] in respect respect of[of] my my examination examination of[of] your your charity’s charity's accounts accounts as as carried[carried] out out uÅder under section section[145] 145[of] of the[the] Charities Charities Act Act[2011] 2011[("the] (‘the 2011[2011] Act’).[Act").] In In carrying carrying out out my my examination[examination] I[I] have have followed[followed] the[the] Directions[Directions] given[given] by by[the] the Charity Charity Commission Commission under under section section[145(5)] 145(5) (b)[(b)] of[of] the[the] 2011[2011] Act.[Act.]
- Independent Independent examiner's examiner’s statement statement I I have have completed completed my my examination. examination. I I confirm confirm that that no no matters matters have have come come to to my my attention attention in in connection connection with with the the examination examination giving giving me me cause cause to to[believe:] believe: e accounting accounting records records were were not not kept kept[in] in respect respect of of the[the] Company Company as as required required by by section section 386 386 of of the[the] 2006 2006 Act; Act; or or e _ the the accounts accounts do do not not accord accord with with those those records; records; or or the the accounts accounts do do not not comply comply with with the the accounting accounting requirements requirements of of section section 396 396 of of the[the] 2006 2006 Act Act other other than than any any requirement requirement that that the[the] accounts accounts give give a a true true and and fair fair view view which which is[is] not not considered considered as as[part] part of an[of ] an[independent] independent examination; examination; or or
- e the the accounts accounts have have not not been been prepared prepared in in accordance accordance with with the the methods methods and and principles principles of of the the Statement Statement of of Recommended Recommended[Practice] Practice for for accounting accounting and and reporting reporting by by charities charities (applicable (applicable to to charities charities preparing preparing their their accounts accounts in in accordance[accordance][with] with[the] the Financial Financial Reporting[Reporting] Standard[Standard] applicable applicable in[in] the[the] UK[I-JK] and[and] Republic[Republic] of[of] Ireland Ireland (FRS102)). (FRS102)).
- Idrawn I have have no no • thisconcerns concerns[report] and have and[in] order have to come comeenableacross across a properno no other other understandingmatters matters in in connection connection[of][ the] accounts with with[to] the the[be] examination examinationreached. to to which which attention attention should should be be
- | Paul odPaul Stacey[Stacey] pr FCA FCA in order to enable a properunderstanding ofthe accounts to be reached.
For For[and] and[behalf of] behalf of Hub Hub Accountants Accountants Limited, Limited, Chartered Chartered Accountants Accountants Innovation Innovation House, House, Shaftesbury, Shaftesbury, Dorset, Dorset, SP7 SP7 8FG 8FG
Page Page 7[7]
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY[COMPANY] LIMITED LIMITED BY BY GUARANTEE GUARANTEE
> STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES
> FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025
.
|||Notes
Mates|Unrestricted
Funds
.
Unrestricted
Funds|Restricted
Funds
.
Restricted
Funds|2025
Total
Funds
2025
Total
Funds|2024
Total
Funds
2024
Total
Funds|
|---|---|---|---|---|---|---|
||||£|£|£|£|
|Income
Income|||||||
|Charitable activities
Charitable activities|||271,738
271,738|15,840
15,840|287,578
287,578|292,562
292,562|
|Donations and legacies
Donations and legacies|||16,181
16,181|21,797
21,797|37,978
37,978|28,526
28,526|
|Grants and funding
Grants and funding|||7,199
7,199|76,334
76,334|83,533
83,533|101,551
101,551|
|Investment income
Investment income|||6,137
6,137|-|6,137
6,137|3,828
3,828|
|Other income
Other income|||860
860|-|860
860|802
802|
|Totalincome
Total income|||302,115
302,115|113,971
113,971|416,086
416,086|427,269
427,269|
|Expenditure
Expenditure||2
2|296,674
296,674|111,358
111,358|408,032
408,032|352,742
352,742|
|NET INCOME
NET INCOME|||5,441|2,613
2,613|8,054
8,054|74,527
74,527|
|TRANSFERS BETWEEN
TRANSFERS BETWEEN|FUNDS
FUNDS||=|.|-|-|
|FUNDS BOUGHT FORWARD
FUNDSBOUGHTFORWARD|||361,305
361,305|23,511
23,511|384,816
384,816|310,289
310,289|
|FUNDS CARRIED
FORWARD
FUNDSCARRIEDFORWARD|||366,746
366,746|26,124
26,124|392,870
392,870|384,816
384,816|
> The The notes notes on on pages pages 10[10] to to 13[13] form form part part of of these[these] accounts. accounts.
Page Page 8[8]
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY COMPANY LIMITED LIMITED[BY] BY GUARANTEE[GUARANTEE]
## STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL POSITION POSITION FOR FOR THE[THE][YEAR] YEAR[ENDED] ENDED[31] 31 MARCH MARCH[2025] 2025
.
||||||Total
Total|Total
Total|
|---|---|---|---|---|---|---|
||Notes
Males|Unrestricted
Funds
Unrestricted
Funds|Restricted
Funds
Restricted
Funds||Funds
2025
Funds
2025|Funds
2024
Funds
2024|
|||£.|£||£|£|
|FIXED ASSETS
FIXED ASSETS
||||||||
|Tangible Assets
TangibleAssets|3
3|37,714
37,714||-|37,714
37,714|25,821
25,8211|
|CURRENT ASSETS
CURRENT ASSETS|||||||
|Debtors
Debtors|4
4|28,683
28,683||5,000
5,000|33,683
33,683|38,677
38,677|
|Cash at bank and in hand
Cash atbank and in hand||303,956
303,956||25,524
25,524|329,480
329,480|323,814
323,814|
|||332,639
332,639||30,524
30,524|363,163
363,163|362,491
362,491|
|CREDITORS
CREDITORS|||||||
|Amountfalling due within one year
Amount falling due withinone year|5
5|3,607
3,607||4,400
4,400|8,007
8,007|3,496
3,496|
|NET CURRENT ASSETS
NETCURRENT ASSETS||329,032
329,032||124
26,124|355,156
355,156|358,995
358,995|
|NET ASSETS
NET ASSETS||366,746
366,746||26,124
26,124|392,870
392,870|384,816
384,816|
|FUNDS
FUNDS|||||||
|General unrestricted fund
General unrestricted fund|6
6|181,746
181,746||-|181,746
181,746|176,305
176,305|
|Restricted funds
Restricted funds|6
6|-||124
26,124|26,124
26,124|23,511
23,511|
|Designated funds
Designated funds|6
6|185,000
185,000||-|185,000
185,000|185,000
185,000|
|||366,746
366,746||26,124
26,124|392,870
392,870|384,816
384,816|
> The The[charitable] charitable company company[is] is entitled entitled to to exemption exemption from from audit audit under under Section Section 477[477] of of the[the] Companies Companies Act Act 2006 2006 for[for] the[the] year year ended ended
> 31 31 March March 2025. 2025. The The members members have have not not required required the the charitable charitable company company to to obtain obtain an an audit audit of of its its accounts accounts for for the the year year ended ended 31 31 March March[2025,] 2025, in[in][accordance] accordance[with] with section[section] 476[476][of] of the[the] Companies[Companies] Act Act 2006.[2006.] The[The] Directors[Directors] acknowledge[acknowledge] responsibility[responsibility] for:[for:]
i) i) ensuring ensuring the the charitable charitable company company keeps keeps accounting accounting records records which which comply comply with with section section 386 386 and and 387 387 of of the[the] Companies Companies Act Act 2006; 2006; and and
ii) ii) preparing preparing[financial] financial statements statements which which give give a a true true and and fair fair view view of[of] the[the] state state of[of] affairs affairs of[of] the[the] charitable charitable company company as as at[at] the[the] end end[of each] of each[financial] financial year year[and] and[its] its profit profit and[and][loss] loss for for each[each] financial[financial] year year in[in] accordance[accordance] with[with] Sections Sections 394 394 and and 395,[395,] and and which which otherwise otherwise comply comply with with the[the] requirements requirements of of[the] the Companies Companies Act Act 2006 2006 relating relating to to accounts, accounts, so so far far as as applicable applicable to to the the charitable charitable company. company.
> These These[financial] financial statements statements have have been been prepared prepared[in] in accordance accordance with with the[the] special[special] provisions provisions of[of] Part[Part] 15 15 of of the the Companies Companies Act Act
> 2006 2006 relating relating to to small small companies companies and and with[with][the] the Financial Financial Reporting Reporting Standard[Standard] for[for] Smaller[Smaller] Entities[Entities] (effective[(effective] April[April] 2008). 2008).
> Approved Approved by by[the] the board board of of trustees trustees and and signed[signed] on on its[its] behalf[behalf] by:[by:]
> J J Lloyd Lloyd — - Trustee Trustee
> Dated: Dated:
> The The notes notes on on pages pages 10 10 to to 13[13] form form part part of[of] these[ these] accounts accounts
Page Page 9[9]
*
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE NOTES NOTES[TO] TO THE[THE] FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025
## 1. 1. ACCOUNTING ACCOUNTING POLICIES POLICIES
## Basis Basis of of accounts accounts
The accounts are[prepared] under[the] historical[cost][convention] and in[accordance][with][the] statement of Recommended The accounts are prepared under the historical cost convention and in accordance with the statement of Recommended Practice: Practice: Accounting Accounting and and Reporting Reporting by by Charities[Charities] preparing preparing their their accounts accounts and and in[in] accordance[accordance] with[with] the[the] Financial Financial Reporting Reporting Standard Standard applicable applicable in in[the] the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102)[102)] (effective (effective January January 2015) 2015) and and the[the] Charities[Charities] Act Act 2011.[2011.] The The charity charity[has] has taken taken advantage[advantage][of] of the[the] exemption exemption[in] in Financial Financial Reporting[Reporting] Standard[Standard] 1[1] from from the[the] requirement[requirement] to[to] produce produce a[a] cash[cash] flow flow statement statement on on[the] the grounds grounds that that it it qualifies qualifies as as a a small small Charity.[Charity.] ‘ The The charity charity meets meets[the] the[definition] definition of[of] a a public public benefit[benefit] entity entity under under FRS FRS 102.[102.] Depreciation Depreciation of of tangible[tangible] assets assets Depreciation Depreciation[is] is calculated calculated on on all all tangible tangible fixed fixed assets assets[in] in use, use, at at rates[rates] and[and] bases[bases] calculated[calculated] to[to] write[write] off[off] the[ the] cost[cost] or or valuation,[valuation,] less less estimated estimated[residual] residual[value,] value, of of each each asset asset over over its its expected expected useful useful life, life, as as follows:[follows:] Fixtures, Fixtures, fittings fittings and and equipment equipment 25% 25% per per annum annum on on a a reducing reducing balance balance basis/33.33%[basis/33.33%] per per annum annum on on a a straight[straight] line line method[method] Computer Computer Equipment Equipment straight straight line line over over 3[3] years years Leasehold Leasehold Improvements Improvements straight straight line line over over 9[9] years years Motor Motor[Vehicle] Vehicle 25% 25% per per annum annum on on a a reducing reducing balance balance basis[basis]
> Donated Donated equipment equipment and and services services
> Equipment Equipment[donated] donated to to[the] the charity[charity] is[is][included] included in in fixed[fixed] assets[assets] at[at] an an estimated[estimated] value[value] of[of] cost[cost] and[and] credited[credited] to[to] the[the] Statement[Statement] of[of] Financial Financial[Activities] Activities as as a[a] donation[donation] in[in][kind] kind[in] in[the] the year year of[of] receipt.[ receipt.]
> Incoming Incoming Resources Resources
> Incoming Incoming Resources Resources represents represents grants, grants, attendance attendance allowances[allowances] and and donations donations receivable. receivable. Donations Donations are are included included in in the the
> accounts accounts when when[received.] received. Grants Grants and and[Attendance] Attendance Allowances Allowances are are included[included] either[either] on on a[a] contractual[contractual] basis[basis] or[or] on on such[such] dates[dates] as[as] the[the]
> trustees trustees consider consider that that they they are are[receivable.] receivable.
## Resources Resources Expended Expended
Liabilities Liabilities[are] are[recognised] recognised[as] as resources resources expended[expended] as[as] soon soon as[as] there[there] is[is] a[a] legal[legal] or or constructive[constructive] obligation[obligation] committing[committing] the[the] charity[charity] to to the the expenditure. expenditure. All All expenditure expenditure is is accounted accounted for for on on an an accruals accruals basis[basis] and and has has been been classified classified under under headings headings that that aggregate aggregate all[all] costs[costs][related] related to[to][the] the category.[category.]
Value Added Value Added Tax Tax Expenditure Expenditure which which is is subject subject to[to] VAT VAT is is included included[in] in these these accounts accounts inclusive[inclusive] of of VAT VAT as as it[it] is[is] not not recoverable by recoverable by the[the] charity. charity. Funds Funds accounting accounting Restricted Restricted funds funds are are funds funds which which are are to to be[be] used used in[in] accordance[accordance] with[with] specific specific restrictions restrictions imposed imposed by[by] the[the] donor[donor] and/or[and/or] within within restricted restricted purposes purposes included included in in[the] the objects objects of[of] the[ the] Charity.[Charity.] Unrestricted Unrestricted funds funds comprise comprise[those] those[funds] funds which which the[the] Trustees Trustees are are free[free] to to use use for[for] any any purpose purpose in[in] furtherance furtherance of[of] the[the] charitable[charitable] objects. objects. Unrestricted Unrestricted[funds] funds include include designated designated funds[funds][where] where the[the] Trustees, Trustees, at[at] their[their][ discretion,] discretion, have[have] created[created] a[a] fund[fund] for[for] a[a] specific[specific] purpose. purpose.
Continued... Continued...
> Page Page 10 10
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
- NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - continued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31] 31 MARCH MARCH 2025 2025
x
|2. RESOURCESEXPENDED
2. RESOURCES EXPENDED|- UNRESTRICTED
- UNRESTRICTED|- UNRESTRICTED
- UNRESTRICTED|2025
2025|2024
2024||
|---|---|---|---|---|---|
||||Ei|£||
|Direct Care Costs
Direct Care Costs||||||
|Therapy& Activities
Therapy& Activities|||12,437
12,437|7,477
TAT7T||
|Salaries (incl. NI) (see below)
Salaries (incl. NI) (see below)|||110,683
110,683|82,895
82,895||
|Pension,Training &Other StaffCosts
Pension, Training&Other StaffCosts|Costs
Costs||9,547
9,547|14,000
14,000|}|
|Establishmentexpenses
Establishment expenses|||44,715
44,715|54,779
54,779||
||||177,382
177,382|159,151
159,151||
|Management and Administration
Management and Administration||||||
|Salaries (incl. NI) (see below)
Salaries (incl. NI) (see below)|||67,625
67,625|61,204
61,204||
|Accountancy
Accountancy|||3,788
3,788|3,504
3,504||
|Fundraising
Fundraising|||39,183
39,183|23,955
23,955||
||||110,596
110,596|88,663
88,663||
|Financial Expenses
Financial Expenses||||||
|Depreciation
Depreciation|||11,878
11,878|10,050
10,050||
|Profit on disposal offixed assets
Profit on disposal offixed assets|||(3,182)
(3,182)|-||
||||8,696
8,696|10,050
10,050||
|TOTAL RESOURCESEXPENDED
TOTAL RESOURCES EXPENDED||- UNRESTRICTED
-UNRESTRICTED|296,674
296,674|257,864
257,864||
|RESOURCESEXPENDED
- RESTRICTED
RESOURCES EXPENDED - RESTRICTED|||2025
2025|2024
2024||
||||£|£||
|Direct Care Costs
Direct Care Costs||||||
|Therapy& Activities
Therapy& Activities|||10,007
10,007|5,998
5,998||
|Salaries (incl. NI) (see below)
Salaries (incl. ND) (see below)|||50,224
50,224|44,347
44,347||
|Pension,Training & Other StaffCosts
Pension, Training& Other StaffCosts|Costs
Costs||-|112
112||
|Establishment expenses
Establishment expenses|||13,976
13,976|16,052
16,052||
||||74,207
74,207|66,509
66,509||
|Managementand Administration
Management and Administration||||||
|Salaries (incl. NI) (see below)
Salaries (incl. NI) (see below)|||36,929
36,929|28,281
28,281||
|Fundraising
Fundraising|||222
222|88
88||
||||37,151
37,151|28,369
28,369||
|TOTAL RESOURCESEXPENDED
TOTALRESOURCES EXPENDED||- RESTRICTED
- RESTRICTED|111,358
111,358|94,878
94,878||
|Staff Costs and Numbers
Staff Costs and Numbers||||||
|The average number ofstaff who were
The average numberofstaffwho were||employed during the year amounted to 12 and nonewere paid in
employed during the year amounted to 12 andnone were paid in||excess of €60,000
excess of£60,000||
|perannum.
perannum.||||||
Continued... Continued...
Page Page 11[1][1]
]
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
> NOTES TO NOTES TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued * FOR FOR THE THE YEAR YEAR ENDED ENDED[31] 31 MARCH MARCH 2025 2025
|3. FIXED ASSETS
3. FIXED ASSETS
,|Fixtures,
fittings and
equipment
Leasehold
improvements
Hues,
Leasehold
fittingsand
improvements
equipment|Fixtures,
fittings and
equipment
Leasehold
improvements
Hues,
Leasehold
fittingsand
improvements
equipment|Fixtures,
fittings and
equipment
Leasehold
improvements
Hues,
Leasehold
fittingsand
improvements
equipment|Motor
vehicles
aed
vehicles|Total
Total|
|---|---|---|---|---|---|
|||£|£|£|£|
|Cost
Cost||||||
|At I April 2024
At 1 April 2024||42,861
42,861|60,166
60,166|41,795
41,795|144,822
144,822|
|Additions
Additions||690
690|-|23,901
23,901|24,591
24,591|
|Disposals
Disposals||-|-|(10,900)
(10,900)|(10,900)
(10,900)|
|At31 March 2025
At 31 March 2025||43,551
43,551|60,166
60,166|54,796
54,796|158,513
158,513|
|Depreciation
Depreciation||||||
|At 1 April 2024
At 1 April 2024||41,512
41,512|48,581
48,581|28,910
28,910|119,003
119,003|
|Charge for the year
Charge for the year||1,091
1,091|1,796
1,796|8,991
8,991|11,878
11,878|
|Disposals
Disposals||-|-|(10,082)
(10,082)|(10,082)
(10,082)|
|At 31 March 2025
At 31 March 2025||42,603
42,603|50,377
50,377|27,819
27,819|120,799
120,799|
|Net Book Value
Net Book Value||||||
|At 31 March 2025
At 31 March 2025||948
948|9,789
9,789|26,977
26,977|37,714
37,714|
|At 31 March 2024
At 31 March 2024|—|1349
1849|11,585
12,887
5BS12,887||25,821
25,821|
|All the fixed assets are used forcharitable
All the fixed assets are used for charitable|purposes.
purposes.|||||
|4. DEBTORS
4.DEBTORS||||2025
2025|2024
2024|
|||||£|£|
|Grants& AttendanceAllowances
Grants & Attendance Allowances||||27,538
27,538|32,527
32,527|
|Other debtors
Other debtors||||-|384
384|
|Prepayments & Accrued Income
Prepayments& Accrued Income||||6,145
6,145|5,766
5,766|
|||||33,683
33,683|38,677
38,677|
|5. CREDITORS
5. CREDITORS||||2025
2025|2024
2024|
|||||£|£|
|Amounts falling due within one year
Amounts falling due withinone year||||||
|Trade Creditors
Trade Creditors||||1,407
1,407|1,341
1,341|
|Other Taxesand Social Security
Other Taxes and Social Security||||-|55
55|
|Accruals & Grants Received inAdvance
Accruals & Grants Received inAdvance||||6,600
6,600|2,100
2,100|
|||||8,007
8,007|3,496|
Continued... Continued...
Page Page 12[12]
{
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY COMPANY LIMITED LIMITED BY[BY] GUARANTEE GUARANTEE NOTES NOTES[TO] TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued = FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025
## es
|6. FUNDS
6.FUNDS|||||Total
Total|Total
Total|
|---|---|---|---|---|---|---|
||Unrestricted
Unrestricted|Restricted
Restricted||Designated
Designated|2025
2025|2024
2024|
||£|£||£|£|£|
|At 1 April 2024
Atl April2024_..|361,305
361,305||23,511
23,511|185,000
185,000|384,816
384,816|310,289
310,289|
|Net movement infunds
Netmovement infunds|5,441
5,441||2,613
2,613|-|8,054
8,054|74,527
74,527|
|Transfer between funds
Transfer between funds|-||-|-|-|-|
|At 31 March2025
At 31 March2025|366,746
366,746||26,124
26,124|185,000
185,000|392,870
392,870|384,816
384,816|
|Designated Funds
Designated Funds||||£|||
|Redundancies and Renovations
Redundancies and Renovations||||160,000
160,000|||
|New Vehicle
New Vehicle||||20,000
20,000|||
|Building Works
Building Works||||5,000
5,000|||
|||||185,000
185,000|||
## 7) 7) ANALYSIS OF ANALYSIS OF NET NET ASSETS ASSETS BY BY FUND FUND
||Unrestricted
Unrestricted|Restricted
Restricted|Total
Total|2024
2024|
|---|---|---|---|---|
||||2025
2025||
||£|£|£|£|
|Fixed Assets
Fixed Assets|37,714
37,714|-|37,714
37,714|25,281
25,281|
|Debtors
Debtors|28,683
28,683|5,000
5,000|33,683
33,683|38,677
38,677|
|Cash at bank
Cash at bank|303,956
303,956|25,524
25,524|329,480
329,480|323,814
323,814|
|Creditors
Creditors|(3,607)
(3,607)|(4,400)
(4,400)|(8,007)
(8,007)|(3,496)
(3,496)|
|Total
Total|366,746
366,746|26,124
26,124|392,870
392,870|384,816
384,816|
## 8. 8. RESERVES RESERVES
Unrestricted Unrestricted Reserves Reserves Reserves Reserves equate equate to to[6] 6 months months operating operating costs costs in in[accordance] accordance with with the[the] Charity Charity commission commission advice[advice] on on best[best] practice. practice.
Allocated Allocated Reserves Reserves The The Trustees Trustees have have allocated allocated money money to to[be] be held held in in reserve reserve for[for] staff[staff] redundancy[redundancy] costs[costs] and[and] building building renovation[renovation] to[to] get[get] the[the] existing existing Headway Headway Southampton Southampton building building back back to to its its pre pre rental rental state,[state,] in[in] the[the] case case of of the[the] Charity Charity closing. closing.
> 9. 9. GUARANTEE GUARANTEE
> The The company company has has no no share[share] capital capital and and[is] is[limited] limited by by guarantee. guarantee.
## 10. 10. LEASE LEASE COMMITMENTS COMMITMENTS
> The The company company has has[agreed] agreed to to a a new new 10 10 year year lease[lease] on on[120] 120 Commercial Commercial Road,[Road,] Totton,[Totton,] Southampton[Southampton] which[which] will[will] commence commence 24[24]
> November November 2025[2025][at] at £17,750[€17,750] per per annum. annum.[At] At the[the] year year end[end] the[the] financial[financial] commitment[commitment] was was for[for] £184,938[El][ 84,938] (2024:[(2024:] £14,875).[€14,875).]
> 11. 11. TRUSTEES REMUNERATION TRUSTEES REMUNERATION AND AND EXPENSES EXPENSES
> During During[the] the[current] current and[and] previous previous year year no no remuneration[remuneration] or or other[other] benefits[benefits] were were payable[payable] to[to] the[the] Trustees[Trustees] by[by] the[the] charity.[charity.] There[There]
> were were no no[Trustees] Trustees[ expenses] expenses[during] during the[the][year.] year.
## 11. 11. RELATED RELATED PARTY PARTY TRANSACTIONS TRANSACTIONS
> There There were were no no[related] related party party transactions transactions during during[the] the current[current] or or previous[previous] year. year.
aS Page Page 13[13] continued... continued...
continued... continued...
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY[COMPANY] LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## DETAILED DETAILED INCOME INCOME AND AND EXPENDITURE[EXPENDITURE] ACCOUNT ACCOUNT FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025
=
||Unrestricted
Funds
Unrestricted
Funds|Restricted
Funds
Restricted
Funds|2025
Total
2025
Total|2024
Total
2024
Total|
|---|---|---|---|---|
||£|£|£|£|
|Income
Income|||||
|Attendancepayments
Donations and legacies
Attendancepayments
Donations and legacies|271,738
16,181
271,738
16,181|15,840
21,797
15,840
21,797|287,578
37,978
287,578
37,978|292,562,
28,$2f
292,562
28,526|
|Grants and funding
Grants and funding|7,199
7,199|76,334
76,334|83,533
83,533|101,55
101,551|
|Other Income
Other Income|860
860|-|860
860|80
802|
|Interest
Interest|6,137
6,137|-|6,137
6,137|3,828
3,828|
||302,115
302,115|113,971
113,971|416,086
416,086|427,269?
427,269|
|Expenses
Expenses|||||
|Staff Costs
StaffCosts|187,855
187,855|87,153
87,153|275,008
275,008|230,839
230,839|
|Fundraising
Fundraising|39,183
39,183|222
222|39,405
39,405|24,043
24,043|
|Overheads
Legal &Financial
Overheads
Legal& Financial|44,715
3,788
44,715
3,788|13,976
13,976
-|58,691
3,788
58,691
3,788|70,831
3,504
70,831
3,504|
|Activities & Social Events
Depreciation
Activities & Social Events
Depreciation|12,437
11,878
12,437
11,878|10,007
10,007
-|22,444
11,878
22,444
11,878|13,474
8
10,05
13,474
10,050|
|Profiton disposal ofassets
Profitondisposalofassets|(3,182)
(3,182)|4|(3,182)
(3,182)|>|
||296,674
296,674|111,358
111,358|408,032
408,032|352,74
352,741|
|Surplus for the year
Surplusfortheyear|5,441
5,441|2,613
2,613|8,054
8,054|74,528
74,528|
continued... continued...
Page Page 14[14]
## HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON A A COMPANY[COMPANY] LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## DETAILED DETAILED INCOME INCOME AND AND EXPENDITURE EXPENDITURE ACCOUNT[ACCOUNT] - - continued continued FOR FOR THE THE[YEAR] YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025 *
|||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Restricted
Restricted|Restricted
Restricted|2025
2025|2025
2025|2024
2024|2024
2024|
|---|---|---|---|---|---|---|---|---|---|
|||Funds
Funds||Funds
Funds||Total
Total||Total
Total||
|||=||£||£||£||
|Staff Costs
Staff Costs||||||||||
|Salaries &N 1
Salaries&NI|||178,308
178,308||87,154
87,154|265,462
265,462||216,729
216,726||
|Pension Costs
Pension Costs
-|||8,108
8,108||-||8,108
8,108||6,043
6,043|
|Staff Advertising
StaffAdvertising|||57
57||7||57
57||6207
6,207|
|Staff&Volunteer Training
Staff &VolunteerTraining|||948
948||“||948
948||1,424
1,427|
|Staff Cost
StaffCost|||434
434||-||434
434||43
436|
||||187,855
187,855||87,154
87,154|275,009
275,009||230,839
230,839||
|Overheads
Overheads||||||||||
|Rent & Rates
Rent& Rates|||3,450
3,450||12,051
12,051||15,501
15,501||13,965
13,965|
|Heat & Light
Heat& Light|||3,845
3,845||-||3,845
3,845||3,31
3,311|
|Motor Running Costs
MotorRunning Costs|||9,602
9,602||-||9,602
9,602||9,26
9,266|
|Travel
Travel|||2,443||1,351
1,351||3,794
3,794||1,679
1,670|
|Repairs & Small Equip.
Repairs& Small Equip.|||3,358
3,358||288
288||3,646
3,646||22,272
22,272,|
|Telephone
Telephone|||3,336
3,336||286
286||3,582
3,582||3,055
3,055|
|Insurance
Insurance|||5,092
5,092||-||5,092
5,092||3,17
3,176|
|Stationery& Postage
Stationery& Postage|||880
880||-||880
880||994
994|
|ComputerMaintenance
Computer Maintenance|||1,208
1,208||-||1,208
1,208||1,27
1,273;|
|Data protection fee
Data protection fee|||35
35||2||35
35|||
|Website
Website|.||135
135||2||135
135||2481
248|
|Publications
Publications|||230
230||-||230
230||6
644|
|Registration fees
Registration fees|||189
189||-||189
189||16
168|
|Cleaning
Cleaning|||10,459
10,459||-||10,459
10,459||91
10,06
10,069|
|Alarm
Alarm|||230
230||2||230
230||290
290|
|Sundry
Sundry|||223
223||3||223
223||6
43
430|
||||44,715
44,715||13,976
13,976||58,691
58,691||70,831?
70,831|
|Activities& Social Events
Activities& Social Events||||||||||
|Social
- Events,Holidays Etc.
Social - Events, Holidays Etc.|||=||2||-||1,08
1,081|
|Counselling / Therapist
Counselling / Therapist|||382
382||5,920
5,920||6,302
6,302||4,00
4,000|
|Rehabilitation Activities
Rehabilitation Activities|||8,668
8,668||4,087
4,087||12,755
12,755||6,65
6,651,|
|Headway IOW activities
HeadwayIOW activities|||_||-||-||235
235|
|Recreational Activities
Recreational Activities|||3,387
3,387||-||3,387
3,387||1,50
1,507|
||||12,437
12,437||10,007
10,007||22,444
22,444||13,474
13,474|
|Fundraising
Fundraising||||||||||
|Fundraising
Fundraising|||39,183
39,183||222
222||39,405
39,405||24,043'
24,043|
Continued... Continued...
> Page Page 15 15
> HEADWAY HEADWAY SOUTHAMPTON SOUTHAMPTON
> A A COMPANY COMPANY LIMITED LIMITED BY BY GUARANTEE GUARANTEE
## DETAILED DETAILED INCOME INCOME AND AND EXPENDITURE EXPENDITURE ACCOUNT ACCOUNT - - continued continued FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2025 2025 .
||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Restricted
Restricted||2025
2025|2024
2024|
|---|---|---|---|---|---|---|
||Funds
Funds
£||Funds
Funds
£||Total
Total
£|Total
Total
£|
|Legal& Financial
Legal& Financial|||||||
|Accountancy
Accountancy||3,788
3,788||-|3,788
3,788|3,50
3,504|
|Depreciation
Depreciation|||||||
|Motor
Motor||8,991
8,991||-|8,991
8,991|41
4,29
4,294|
|Equipment
Equipment||1,796
1,796||-|1,796
1,796|1,796
1,796|
|Property improvements
Property improvements||1,091
1,091||-|1,091
1,091|3,960
3,960|
|||11,878
11,878||-|11,878
11,878|10,050
10,050|
Page Page 16 16