REGISTERED COMPANY NUMBER: 03672087 (England and Wales) REGISTERED CHARITY NUMBER: 1074011
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Leicestershire Leicester And Rutland Headway
torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
Leicestershire Leicester And Rutland
Headway
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Financial Statements | 10 to 19 |
| Detailed Statement of Financial Activities | 20 to 21 |
Leicestershire Leicester And Rutland Headway
Report of the Trustees for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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 Objectives and aims
The Charity's objects are;
-
to provide services and facilities calculated to rehabilitate and relieve from their disabilities persons who live with brain injuries and who reside in Leicestershire and Rutland.
-
to assist the families and carers of persons who live with brain injuries
Public benefit
The trustees have had due regard to guidance published by the Charity Commission on public benefit and considers the charity acts in accordance with the guidance.
ACHIEVEMENT AND PERFORMANCE Charitable activities
The Charity provided a range of services and support to adults with acquired brain injury, their families, carers and supporters and between 01 April 2022 and 31 March 2023 received 95 new referrals into the service. The highest number of referrals were for those having suffered a Stroke (22), followed by road traffic collisions (14), and a surprising number of Falls (13). We were delighted when we secured a 2-year grant of £20K per year from Garfield Weston. In January a neuro physiotherapist joined our team as a volunteer, offering appointments for assessment and individualised programs to those accessing our service.
In December, volunteer Michael Condon, was recognised for his continued commitment and contribution to LLR Headway when he was awarded Volunteer of the Year at the Headway UK annual awards ceremony in London.
2022/23 was a period of change, The 3- year grant from Henry Smith came to an end and we were unsuccessful in securing continuation funding for the Early Intervention and Prevention project delivered through Outreach. The impact of the loss of funding from Henry Smith, and 6 months without a fundraiser in post, led to a need for restructuring within the team. In December the management team was reduced by way of redundancy, and further efficiencies were made when an outreach post became vacant and was not recruited to.
The successful recruitment of a Fundraising and Engagement Executive in January has seen an improvement in the level of gifts and donations, with exciting plans for the future.
Page 1
Leicestershire Leicester And Rutland
Headway
Report of the Trustees for the Year Ended 31 March 2023
FINANCIAL REVIEW
Financial position
The net decrease in resources during the year was £46,902 compared with a net decrease of £3,680 in the previous year. Incoming resources show a decrease of £48,940 in comparison with 2021/22, which was mainly due to decreases in grants and donations received. Resources expended reduced by £5,718 mainly due to savings in personnel and premises costs.
The main funders during the year were the Social Services Departments of Leicester City and Leicestershire County Councils and Leicester City Clinical Commissioning Group. Leicestershire County Council continue to purchase our services through the Community Life Choices Framework agreement whilst Leicester City Council buy support through a similar framework agreement called Community Opportunities.
The Henry Smith Charity grant for Early intervention and prevention is worth £30,000 per year and we are in year 3 of 3 years. The foundation has been flexible in our use of the grant during this year and we thank them for their support.
We would also like to extend our sincere thanks to some of our other donors who have made either a one off contribution or who are long standing supporters of Headway' work:
Thank you to all those who have offered their support either financially, with sponsor or with the gift of time.
Investment policy and objectives
The constitution of the charity authorises it to make and hold investments using general funds not needed for immediate working purposes.
In practice the charity has never had sufficient surplus to invest to provide income for the future and has no plans to do so. The current practice is to deposit surplus funds with UK banks.
Reserves policy
The charity's policy on reserves has been designed to protect it from uncertainties in funding from statutory bodies. It aims to ensure that there are sufficient general and designated funds to meet the potential cost of redundancies and the provision of non statutory funded services for at least six months when combined with the commitment from local government to give a three month notice period for any funding changes.
The policy continues to provide as far as possible protection from the variation in funding from voluntary bodies arising from the interruption or non replacement of expiring charitable grants.
The trustees have reviewed the level of reserves required and are satisfied that they are at an appropriate level. They have resolved to work towards maintaining the reserves at a level in line with the charity's policy.
Free reserves, which are unrestricted reserves in excess of designated reserves less the fixed asset element of unrestricted reserves stand at £28,601 as of 31 March 2023 (2022 - £30,355).
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
FUTURE PLANS
-
Apply for 5-year Lottery funding for our "Learning to be me again" project for Community Outreach
-
Increase fundraising income through online campaigns, corporate sponsorship, events, and public donations, and explore the opportunity of Legacy fundraising
-
Improve our digital presence, increasing online engagement
-
Showcase our "Travelling Gallery" throughout City and County libraries. This will be an exhibition of art created by our members
Page 2
Leicestershire Leicester And Rutland Headway
Report of the Trustees for the Year Ended 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The organisation is a charitable company limited by guarantee, incorporated on 23rd November 1998 and registered as a charity on 17th February 1999. It began operations on 1st April 1999 when the assets and liabilities of Headway Leicester (charity number 702489) were transferred. The company was established under a Memorandum of Association, dated 23rd November 1998, which sets out the objects and powers of the charitable company, and it is governed by its Articles of Association (company number 03672087). In the event of the company being wound up, its members will be required to contribute an amount, which will not exceed £10 each.
Recruitment and appointment of new trustees
The directors of the company are also trustees of the charity for the purposes of charity law and under the company's Articles they are known as members of the Committee of Management. Under the requirements of the Memorandum and Articles of Association, the members of the committee are elected to serve for a period of three years, after which they must be re elected at the next Annual General Meeting.
Jennifer Cotterill, Dedunu de Silva, Richard Palmer and Christopher Sworn, retire by rotation and being eligible, offer themselves for re election.
The charity actively encourages service users to take an interest and assist in the running of the charity and encourages these stakeholders to apply for Board positions. James Lewis has himself suffered an acquired brain injury and receives Headway support and services, he provides extremely valuable input and insight into living with an acquired brain injury. James also acts as spokesperson for other Headway users ensuring their views are represented. Similarly, Stephen Nottridge's daughter is in receipt of Headway services, and he represents the interests of families and carers of those with ABI.
It is normal practice to invite potential trustees to visit the service and have the opportunity to meet some of the team and people who use the services before appointing them. New trustees are given a full briefing pack, including access to all policies and procedures. There has been one new trustee appointment during this reporting period.
Organisational structure and decision making
Leicestershire Leicester and Rutland Headway has a Committee of Management comprising of up to sixteen members who meet quarterly and who are responsible for the strategic direction and policy of the charity. At present the committee members come from a variety of professional backgrounds. The board has a skills audit procedure to assist in the recruitment of new trustees.
The Services Director attends and reports to the meetings of the committee but does not have voting rights.
Day to day responsibility for the provision of services rests with the Services Director.
The Committee of Management is supported by two subcommittees each with specific remits including governance, finance and human resources, fundraising, marketing and media.
The charity is an affiliated Group of the national organisation Headway, the brain injury association, which provides advice, formulates national policy, sets standards, and represents the brain injured at a national level. However, the national organisation does not have any direct responsibility for the running of the charity, which rests solely with the Committee of Management.
Headway receives a proportion of its funding through Framework agreements and a discretionary grant from the social services departments of Leicestershire County Council and Leicester City Council and the Independent Care Board in Leicester, Leicestershire and Rutland.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
03672087 (England and Wales)
Registered Charity number
1074011
Page 3
Leicestershire Leicester And Rutland
Headway
Report of the Trustees for the Year Ended 31 March 2023
Registered office
4 Hospital Close Leicester Leicestershire LE5 4WP
Trustees
Richard Perrins Christopher McKinney Dr Sarah Gunn (appointed 26.4.22) Christopher Sworn Richard Palmer Carol Birch Dedunu De Silva Stephen Nottridge Tharmananthar Shankaradhas James Lewis Jennifer Cotterill
- Chairperson - Company Secretary
Services Director Mary Goulty
Company Secretary C P McKinney
Independent Examiner torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
Bankers
The Royal Bank of Scotland 91 93 Regent Street Leamington Spa CV32 4NT
Santander UK Plc Bridle Road Bootle Merseyside L30 4YD
CCLA Investment Management Ltd Senator House 85 Queen Victoria Street London EC4V 4ET
Page 4
Leicestershire Leicester And Rutland Headway
Report of the Trustees for the Year Ended 31 March 2023
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. R A Perrins - Trustee
Page 5
Independent Examiner's Report to the Trustees of Leicestershire Leicester And Rutland Headway
Independent examiner's report to the trustees of Leicestershire Leicester And Rutland Headway ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tommie Simpson FCA
torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
Date: .............................................
Page 6
Leicestershire Leicester And Rutland
Headway
Statement of Financial Activities for the Year Ended 31 March 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 16,834 Charitable activities 5 Day Centre 84,290 Outreach 19,144 Other trading activities 3 9,371 Investment income 4 2,640 Other income 6 3,540 Total 135,819 EXPENDITURE ON Raising funds 7 21,429 Charitable activities 8 Day Centre 108,168 Outreach 51,124 Total 180,721 NET INCOME/(EXPENDITURE) (44,902) Transfers between funds 18 1,623 Net movement in funds (43,279) RECONCILIATION OF FUNDS Total funds brought forward 193,328 TOTAL FUNDS CARRIED FORWARD 150,049 |
Restricted funds £ 47,319 - - - - - 47,319 643 35,305 13,371 49,319 (2,000) (1,623) (3,623) 3,623 - |
31.3.23 Total funds £ 64,153 84,290 19,144 9,371 2,640 3,540 183,138 22,072 143,473 64,495 230,040 (46,902) - (46,902) 196,951 150,049 |
31.3.22 Total funds £ 103,769 80,589 17,125 25,247 80 5,268 232,078 34,729 139,281 61,748 235,758 (3,680) - (3,680) 200,631 196,951 |
|---|---|---|---|
The notes form part of these financial statements
Page 7
Leicestershire Leicester And Rutland
Headway
Balance Sheet 31 March 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 15 1,448 CURRENT ASSETS Debtors 16 10,334 Cash at bank and in hand 165,297 175,631 CREDITORS Amounts falling due within one year 17 (27,030) NET CURRENT ASSETS 148,601 TOTAL ASSETS LESS CURRENT LIABILITIES 150,049 NET ASSETS 150,049 FUNDS 18 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - - - |
31.3.23 Total funds £ 1,448 10,334 165,297 175,631 (27,030) 148,601 150,049 150,049 150,049 - 150,049 |
31.3.22 Total funds £ 2,973 8,497 216,695 225,192 (31,214) 193,978 196,951 196,951 193,328 3,623 196,951 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 8
continued...
Leicestershire Leicester And Rutland
Headway
Balance Sheet - continued 31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. R A Perrins - Trustee
The notes form part of these financial statements
Page 9
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Costs are apportioned between activities based on an estimate of management time spent.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost Fixtures and fittings - 15% on cost Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 10
continued...
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES - continued
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective rate of interest method, less any impairment.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Going concern
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements.
2. DONATIONS AND LEGACIES
| Donations Grants Grants received, included in the above, are as follows: The Henry Smith Charity Leicestershire County Council LCFC Vichai Foundation Community Foundation Leicestershire & Rutland Scott Bader T S Shipman Trust HISL Office - HD Tesco Freemasons Leicester Everards Community Excellence Fund Shire Community Grant Costco & United Way UK Paget Trust Maud Elkington Charitable Trust Garfield Weston Helen Cope Douglas Arter Foundation Arnold Clarke Community Fund Co-Op Community Fund The Hanley Trust The Blakemore Foundation Leicester Lions Club |
31.3.23 £ 13,634 50,519 64,153 31.3.23 £ 15,150 3,600 - 4,059 - - - - - - - - - 3,000 20,000 1,500 500 1,500 1,010 100 100 - 50,519 |
31.3.22 £ 11,305 92,464 103,769 31.3.22 £ 30,200 5,000 16,720 12,850 2,820 1,000 2,000 2,000 2,000 3,445 7,500 1,500 1,000 4,000 - - - - - 100 - 329 92,464 |
|---|---|---|
Page 11
continued...
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 3. OTHER TRADING ACTIVITIES Fundraising events 4. INVESTMENT INCOME Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Fees charged Day Centre Council Funding Day Centre Craft sales Day Centre Fees charged Outreach NHS Funding Outreach 6. OTHER INCOME JRS Grant Subscriptions 7. RAISING FUNDS Raising donations and legacies Staff costs Printing and advertising Travel Just giving charges 30th Anniversary Sundries Support costs |
31.3.23 £ 9,371 31.3.23 £ 2,640 31.3.23 £ 25,533 58,253 504 5,882 13,262 103,434 31.3.23 £ - 3,540 3,540 31.3.23 £ 12,233 486 277 216 - 310 8,550 22,072 |
31.3.22 £ 25,247 31.3.22 £ 80 31.3.22 £ 26,353 53,938 298 3,989 13,136 97,714 31.3.22 £ 2,126 3,142 5,268 31.3.22 £ 18,823 1,190 22 216 6,292 69 8,117 34,729 |
|---|---|---|
Page 12
continued...
Leicestershire Leicester And Rutland
Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
8. CHARITABLE ACTIVITIES COSTS
| Day Centre Outreach 9. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Purchases Gardening Travel 10. SUPPORT COSTS |
Direct Costs (see note 9) £ 92,172 38,847 131,019 |
Support costs (see note 10) £ 51,301 25,648 76,949 31.3.23 £ 115,134 14,530 - 1,355 131,019 |
Totals £ 143,473 64,495 207,968 31.3.22 £ 104,509 17,238 5,209 1,017 127,973 |
|---|---|---|---|
| Governance Finance Administration Premises costs £ £ £ £ Raising donations and legacies 40 7,476 772 262 Day Centre 241 44,853 4,633 1,574 Outreach 121 22,424 2,316 787 402 74,753 7,721 2,623 Activity Basis of allocation Finance Management time spent on activities Administration Management time spent on activities Premises Management time spent on activities Governance costs Management time spent on activities Support costs, included in the above, are as follows: Finance 31.3.23 Raising donations and Day Total legacies Centre Outreach activities £ £ £ £ Bank charges 40 241 121 402 |
Totals £ 8,550 51,301 25,648 85,499 31.3.22 Total activities £ 412 |
|---|---|
Page 13
continued...
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10. SUPPORT COSTS - continued Administration
| Raising donations and legacies £ Wages 5,649 Social security 237 Pensions 107 Telephone 419 Postage and stationery 72 Sundries 24 IT costs 463 Travel 11 Subscriptions 25 Training 107 Health and safety 12 Recruitment fees 124 Depreciation of tangible fixed assets 226 7,476 Premises Raising donations and legacies £ Rates and water 106 Light and heat 310 Repairs and maintenance 323 Depreciation of tangible fixed assets 33 772 Governance costs Raising donations and legacies £ Independent Examiners fee 252 Insurance - Legal fees 10 262 |
Day Centre Outreach £ £ 33,890 16,945 1,420 710 640 320 2,511 1,256 436 218 139 69 2,782 1,391 65 32 151 75 644 322 71 35 747 373 1,357 678 44,853 22,424 Day Centre Outreach £ £ 632 316 1,863 931 1,940 970 198 99 4,633 2,316 Day Centre Outreach £ £ 1,512 756 - - 62 31 1,574 787 |
31.3.23 Total activities £ 56,484 2,367 1,067 4,186 726 232 4,636 108 251 1,073 118 1,244 2,261 74,753 31.3.23 Total activities £ 1,054 3,104 3,233 330 7,721 31.3.23 Total activities £ 2,520 - 103 2,623 |
31.3.22 Total activities £ 47,986 1,896 875 4,246 939 1,106 7,463 34 830 746 163 - 2,396 68,680 31.3.22 Total activities £ 985 1,831 2,985 505 6,306 31.3.22 Total activities £ 3,053 2,619 103 5,775 |
|---|---|---|---|
Premises
Governance costs
Page 14
continued...
Leicestershire Leicester And Rutland
Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
11. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| Independent Examiners fee | 2,520 | 3,053 |
| Depreciation - owned assets | 2,591 | 2,900 |
12. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
13. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| Wages and salaries Social security costs Other pension costs |
31.3.23 £ 176,553 7,398 3,334 187,285 |
31.3.22 £ 164,586 6,502 3,001 |
| 174,089 |
The remuneration of key management personnel amounted to £68,700 (2022 - £60,089).
The average monthly number of employees during the year was as follows:
| 31.3.23 | 31.3.22 | |
|---|---|---|
| Direct charitable activities | 10 | 10 |
No employees received emoluments in excess of £60,000.
| 14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 16,405 Charitable activities Day Centre 80,589 Outreach 17,125 Other trading activities 25,247 Investment income 80 Other income 5,268 Total 144,714 |
Restricted funds £ 87,364 - - - - - 87,364 |
Total funds £ 103,769 80,589 17,125 25,247 80 5,268 |
|---|---|---|
| 232,078 |
EXPENDITURE ON
Page 15
continued...
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL Raising funds Charitable activities Day Centre Outreach Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 15. TANGIBLE FIXED ASSETS Improvements to property £ COST At 1 April 2022 160,203 Additions - At 31 March 2023 160,203 DEPRECIATION At 1 April 2022 160,203 Charge for year - At 31 March 2023 160,203 NET BOOK VALUE At 31 March 2023 - At 31 March 2022 - |
ACTIVITIES - continued Unrestricted Restricted funds funds £ £ 34,729 - 53,895 85,386 61,748 - 150,372 85,386 (5,658) 1,978 198,986 1,645 193,328 3,623 Fixtures and Computer fittings equipment £ £ 23,514 48,366 1,066 - 24,580 48,366 23,343 45,564 330 2,261 23,673 47,825 907 541 171 2,802 |
Total funds £ 34,729 139,281 61,748 235,758 (3,680) 200,631 196,951 Totals £ 232,083 1,066 233,149 229,110 2,591 231,701 1,448 2,973 |
|---|---|---|
Page 16
continued...
Leicestershire Leicester And Rutland
Headway
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Trade debtors | 4,834 | 7,821 |
| Other debtors | 100 | 100 |
| Prepayments and accrued income | 5,400 | 576 |
| 10,334 | 8,497 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Trade creditors | 3,932 | 4,865 |
| Social security and other taxes | 4,503 | 5,225 |
| Other creditors | 12,775 | 16,175 |
| Accruals and deferred income | 5,820 | 4,949 |
| 27,030 | 31,214 |
17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
18. MOVEMENT IN FUNDS
| Unrestricted funds General fund Designated funds Expenses contingency Staffing contingency Voluntary grant equalisation Property contingency Fundraising contingency Restricted funds Leicester Lions Club The Leeds Building Society Charity Fund Freemasons Leicester Leicestershire County Council Communities Fund TOTAL FUNDS |
At 1.4.22 £ 33,328 10,000 70,000 5,000 50,000 25,000 193,328 387 943 2,000 293 3,623 196,951 |
Net movement in funds £ (44,902) - - - - - (44,902) - - (2,000) - (2,000) (46,902) |
Transfers between funds £ 41,623 - (20,000) - (20,000) - 1,623 (387) (943) - (293) (1,623) - |
At 31.3.23 £ 30,049 10,000 50,000 5,000 30,000 25,000 150,049 - - - - - 150,049 |
|---|---|---|---|---|
Page 17
continued...
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
18. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds The Henry Smith Charity Leicestershire Leicester and Rutland Community Foundation Freemasons Leicester Leicestershire County Council Garfield Weston Helen Cope Douglas Arter Foundation Arnold Clarke Community Fund Co-Op Community Fund TOTAL FUNDS |
Incoming resources £ 135,819 15,150 4,059 - 3,600 20,000 1,500 500 1,500 1,010 47,319 183,138 |
Resources Movement expended in funds £ £ (180,721) (44,902) (15,150) - (4,059) - (2,000) (2,000) (3,600) - (20,000) - (1,500) - (500) - (1,500) - (1,010) - (49,319) (2,000) (230,040) (46,902) |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Expenses contingency Staffing contingency Voluntary grant equalisation Property contingency Fundraising contingency Restricted funds British Heart Foundation Leicester Lions Club The Leeds Building Society Charity Fund Freemasons Leicester Leicestershire County Council Communities Fund TOTAL FUNDS |
At 1.4.21 £ 38,986 10,000 70,000 5,000 50,000 25,000 198,986 83 299 1,263 - - 1,645 200,631 |
Net movement in funds £ (5,658) - - - - - (5,658) (83) 88 (320) 2,000 293 1,978 (3,680) |
At 31.3.22 £ 33,328 10,000 70,000 5,000 50,000 25,000 193,328 - 387 943 2,000 293 3,623 196,951 |
|---|---|---|---|
Page 18
continued...
Leicestershire Leicester And Rutland Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
18. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds British Heart Foundation Leicester Lions Club The Leeds Building Society Charity Fund The Henry Smith Charity Leicestershire Leicester and Rutland Community Foundation LCFC Vichai Foundation Scott Bader T S Shipman Trust Hastings Direct Tesco Groundword - Mindfulness Tesco Groundwork - Creative Art Freemasons Leicester Everards Community Excellence Fund Leicestershire County Council Costco & United Way UK Leicestershire County Council Communities Fund TOTAL FUNDS |
Incoming resources £ 144,714 - 329 - 30,200 12,850 16,720 2,820 1,000 2,000 1,000 1,000 2,000 3,445 7,500 1,500 5,000 87,364 232,078 |
Resources Movement expended in funds £ £ (150,372) (5,658) (83) (83) (241) 88 (320) (320) (30,200) - (12,850) - (16,720) - (2,820) - (1,000) - (2,000) - (1,000) - (1,000) - - 2,000 (3,445) - (7,500) - (1,500) - (4,707) 293 (85,386) 1,978 (235,758) (3,680) |
|---|---|---|
Designated Funds
The income funds of the charity include designated funds which have been set aside out of the unrestricted funds by the Trustees for a specific purpose.
Expenses contingency – To cover overhead, contract costs and other closure costs in the event of reduced/cessation of funding.
Staffing contingency – To cover the staffing costs of the house, for three months, in the event of reduced/cessation of funding.
Voluntary grant equalisation – To cover the variation in voluntary income arising from interruption or non-replacement of expiring charitable grants.
Property contingency – To cover costs in the event that the University Hospital of Leicester NHS trust determines to dispose of Headway House.
Fundraising contingency – To cover the costs of the fundraising exercise in the event that the income therefrom falls below the outgoing thereon over a two-year period.
Page 19
continued...
Leicestershire Leicester And Rutland
Headway
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
18. MOVEMENT IN FUNDS - continued
Restricted Funds
Leicester Lions Club – Funds relate to the net book value of a dishwasher and computer tablet purchased.
The Leeds Building Society Charity Fund –– Funds relate to the net book value of tables and computer laptops purchased.
Freemasons Leicester – Funding relates to providing support for the carers group.
Leicestershire County Council Communities Fund – Funding relates to supporting costs of the jubilee art project, including an exhibition.
The Henry Smith Charity – Funding awarded for improving the lives as part of the charity’s early intervention and project, enabling the charity to offer valuable support to individuals following brain injury.
Leicestershire Leicester and Rutland Community Foundation – Funding relates to support sessions organised by the neurological occupational therapist.
Garfield Weston – Funding relates to contribution to the core costs.
Helen Cope – Funding relates to supporting day centre activities.
Douglas Arter Foundation – Funding relates to supporting day centre activities.
Arnold Clarke Community Fund – Funding relates to supporting day centre activities.
Co-Op Community Fund – Funding relates to supporting one to one counselling by neurological occupational therapist.
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 20