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2024-03-31-accounts

REGISTERED COMPANY NUMBER: 03672087 (England and Wales) REGISTERED CHARITY NUMBER: 1074011

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2024

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 2024

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 21

Leicestershire Leicester And Rutland

Headway

Report of the Trustees for the Year Ended 31 March 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The Charity's objects are;

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 Trustees are satisfied with the results for the year 2023-24

The Charity provided a range of services and support to adults with acquired brain injury, their families, carers and supporters and between 01 April 2023 and 31 March 2024 received 80 new referrals into the service. The highest number of referrals were for those involved in Road Traffic Collisions at 24%, followed by Assaults and Strokes which accounted for 18% each, and Falls at 9%. We have successfully improved our digital presence through improvements and updates to our website and increased use of Social Media. In January a counsellor/psychotherapist joined as a volunteer, offering appointments to those accessing our service, family members and Headway staff.

2023/24 was a positive period of change, our Fundraising and Engagement Executive successfully secured funding for the following projects:

Core funding is often the most difficult funding to secure but The Gillian Stevenson Foundation provided £5000 to support this.

Acting as delivery partners for the NHS Reablement Project secured further funding and is a partnership we hope to develop and continue in the future.

Page 1

Leicestershire Leicester And Rutland Headway

Report of the Trustees for the Year Ended 31 March 2024

FINANCIAL REVIEW

Financial position

The net decrease in resources during the year was £4,845 compared with a net decrease of £46,903 in the previous year. Incoming resources show an increase of £56,304 in comparison with 2022/23, which was mainly due to increases in grants and donations received. Resources expended increased by £14,246.

The main funders during the year were the Social Services Departments of Leicester City and Leicestershire County Councils and Leicester Integrated Care Board. 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.

We would also like to extend our sincere thanks to some of our other donors who are not mentioned in the Review of Activities but have made either a one-off contribution or who are long standing supporters of Headways' work:

Thank you to all those who have offered their support either financially, with sponsorship 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 £19,374 as of 31 March 2024 (2023 - £28,600).

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the company 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

Page 2

Leicestershire Leicester And Rutland

Headway

Report of the Trustees for the Year Ended 31 March 2024

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.

Sarah Gunn retires by rotation and is eligible to offer herself 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 have been no new trustee appointments during this reporting period.

The management of Leicestershire Leicester and Rutland Headway is the responsibility of the Trustees who are elected and co opted under the terms of the Trust deed.

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)

Page 3

Leicestershire Leicester And Rutland

Headway

Report of the Trustees for the Year Ended 31 March 2024

Registered Charity number 1074011

Registered office

4 Hospital Close Leicester Leicestershire LE5 4WP

Trustees

Richard Perrins Christopher McKinney Dr Sarah Gunn Christopher Sworn Richard Palmer Carol Birch Dedunu De Silva Stephen Nottridge Tharmananthar Shankaradhas James Lewis Jennifer Cotterill (resigned 1 November 2023) Simon Gerrard (appointed 30 April 2024) Danielle Young (appointed 30 April 2024)

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 2024

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 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
13,494
Charitable activities
5
Day Centre
98,239
Outreach
18,760
Other trading activities
3
27,120
Investment income
4
5,732
Other income
6
3,154
Total
166,499
EXPENDITURE ON
Raising funds
7
43,368
Charitable activities
8
Day Centre
106,409
Outreach
48,733
Total
198,510
NET INCOME/(EXPENDITURE)
(32,011)
RECONCILIATION OF FUNDS
Total funds brought forward
150,048
TOTAL FUNDS CARRIED FORWARD
118,037		 Restricted
funds
£
72,943
-
-
-
-
-
72,943
3,576
31,328
10,873
45,777
27,166
-
27,166		 31.3.24
Total
funds
£
86,437
98,239
18,760
27,120
5,732
3,154
239,442
46,944
137,737
59,606
244,287
(4,845)
150,048
145,203		 31.3.23
Total
funds
£
64,153
84,290
19,144
9,371
2,640
3,540
183,138
22,072
143,474
64,495
230,041
(46,903)
196,951
150,048

The notes form part of these financial statements

Page 7

Leicestershire Leicester And Rutland

Headway

Balance Sheet 31 March 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
15
3,660
CURRENT ASSETS
Debtors
16
12,659
Cash at bank and in hand
141,387
154,046
CREDITORS
Amounts falling due within one year
17
(39,672)
NET CURRENT ASSETS
114,374
TOTAL ASSETS LESS CURRENT
LIABILITIES
118,034
NET ASSETS
118,034
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
9,600
-
17,569
17,569
-
17,569
27,169
27,169		 31.3.24
Total
funds
£
13,260
12,659
158,956
171,615
(39,672)
131,943
145,203
145,203
118,034
27,169
145,203		 31.3.23
Total
funds
£
1,448
10,333
165,297
175,630
(27,030)
148,600
150,048
150,048
150,048
-
150,048

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 8

continued...

Leicestershire Leicester And Rutland

Headway

Balance Sheet - continued 31 March 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. 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 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

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 2024

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
Community Foundation Leicestershire & Rutland
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
North West Leicestershire District Council
Asda Foundation
Local Giving Limited
Chesterton House Foundation
Blaby District Council
Clothworkers' Foundation
The National Lottery Community Fund
Florence Trust
The Gillian Stevenson Trust		 31.3.24
£
15,155
71,282
86,437
31.3.24
£
-
5,000
5,000
1,000
3,000
20,000
-
-
-
-
-
-
100
400
500
1,000
500
9,600
16,569
1,000
7,613
71,282		 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

Page 11

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

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
Subscriptions
7.
RAISING FUNDS
Raising donations and legacies
Staff costs
Printing and advertising
Travel
Just giving charges
Charity Ball
Sundries
Support costs

Page 12

continued...

Leicestershire Leicester And Rutland

Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

8. CHARITABLE ACTIVITIES COSTS

Day Centre
Outreach
9.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Purchases
Travel		 Direct
Costs (see
note 9)
£
77,093
29,283
106,376		 Support
costs (see
note 10)
£
60,644
30,323
90,967
31.3.24
£
88,877
16,492
1,007
106,376		 Totals
£
137,737
59,606
197,343
31.3.23
£
115,134
14,531
1,355
131,020

10. SUPPORT COSTS

Raising donations and
legacies
Day Centre
Outreach
Activity
Finance
Administration
Premises
Governance costs		 Finance Administration
£
£
40
7,948
241
47,688
121
23,844
402
79,480
Basis of allocation
Management time spent on
Management time spent on
Management time spent on
Management time spent on		 Governance
Premises
costs
£
£
1,642
473
9,871
2,844
4,935
1,423
16,448
4,740
activities
activities
activities
activities		 Totals
£
10,103
60,644
30,323
101,070

Support costs, included in the above, are as follows:

Finance

31.3.24 31.3.23
Raising
donations
and Day Total Total
legacies Centre Outreach activities activities
£ £ £ £ £
Bank charges 40 241 121 402 402

Page 13

continued...

Leicestershire Leicester And Rutland

Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

10. SUPPORT COSTS - continued Administration

Raising
donations
and
legacies
£
Wages
5,527
Social security
237
Pensions
108
Telephone
677
Postage and stationery
151
Sundries
41
IT costs
884
Travel
3
Subscriptions
128
Training
80
Health and safety
42
Recruitment fees
11
Depreciation of tangible
fixed assets
59
7,948
Premises
Raising
donations
and
legacies
£
Rates and water
120
Light and heat
366
Repairs and
maintenance
867
Depreciation of tangible
fixed assets
289
1,642
Governance costs
Raising
donations
and
legacies
£
Independent Examiners
fee
277
Insurance
186
Legal fees
10
473		 Day
Centre
Outreach
£
£
33,166
16,583
1,423
711
649
324
4,059
2,030
912
456
249
125
5,303
2,651
15
7
764
382
476
238
251
126
63
32
358
179
47,688
23,844
Day
Centre
Outreach
£
£
725
363
2,200
1,100
5,203
2,601
1,743
871
9,871
4,935
Day
Centre
Outreach
£
£
1,663
832
1,119
560
62
31
2,844
1,423		 31.3.24
Total
activities
£
55,276
2,371
1,081
6,766
1,519
415
8,838
25
1,274
794
419
106
596
79,480
31.3.24
Total
activities
£
1,208
3,666
8,671
2,903
16,448
31.3.24
Total
activities
£
2,772
1,865
103
4,740		 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

Premises

Governance costs

Page 14

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.24 31.3.23
£ £
Independent Examiners fee 2,772 2,520
Depreciation - owned assets 3,500 2,591

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

13. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 31.3.24
£
162,854
6,985
3,186
173,025		 31.3.23
£
176,553
7,398
3,334
187,285

The remuneration of key management personnel amounted to £70,138 (2023 - £68,700).

The average monthly number of employees during the year was as follows:

31.3.24 31.3.23
Direct charitable activities 9 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
16,834
Charitable activities
Day Centre
84,290
Outreach
19,144
Other trading activities
9,371
Investment income
2,640
Other income
3,540
Total
135,819		 Restricted
funds
£
47,319
-
-
-
-
-
47,319		 Total
funds
£
64,153
84,290
19,144
9,371
2,640
3,540
183,138

Page 15

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

EXPENDITURE ON

Raising funds
Charitable activities
Day Centre
Outreach
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
15.
TANGIBLE FIXED ASSETS
Improvements
to
property
£
COST
At 1 April 2023
160,203
Additions
13,522
At 31 March 2024
173,725
DEPRECIATION
At 1 April 2023
160,203
Charge for year
2,704
At 31 March 2024
162,907
NET BOOK VALUE
At 31 March 2024
10,818
At 31 March 2023
-		 Unrestricted
funds
£
21,429
97,354
61,938
180,721
(44,903)
1,623
(43,280)
193,328
150,048
Fixtures
and
fittings
£
24,580
-
24,580
23,673
200
23,873
707
907		 Restricted
funds
£
643
46,120
2,557
49,320
(2,000)
(1,623)
(3,623)
3,623
-
Computer
equipment
£
48,366
1,790
50,156
47,825
596
48,421
1,735
541		 Total
funds
£
22,072
143,474
64,495
230,041
(46,903)
-
(46,903)
196,951
150,048
Totals
£
233,149
15,312
248,461
231,701
3,500
235,201
13,260
1,448

Page 16

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments and accrued income		 31.3.24
£
7,159
100
5,400
12,659		 31.3.23
£
4,833
100
5,400
10,333

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Expenses contingency
Staffing contingency
Voluntary grant equalisation
Property contingency
Fundraising contingency
Restricted funds
Paget Trust
Clothworkers' Foundation
The National Lottery Community Fund
TOTAL FUNDS		 At 1.4.23
£
30,048
10,000
50,000
5,000
30,000
25,000
150,048
-
-
-
-
150,048		 Net
movement
in funds
£
(32,014)
-
-
-
-
-
(32,014)
1,000
9,600
16,569
27,169
(4,845)		 31.3.24
£
14,433
4,134
12,067
9,038
39,672
Transfers
between
funds
£
25,000
-
-
-
-
(25,000)
-
-
-
-
-
-

18. MOVEMENT IN FUNDS

Page 17

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
The Day Centre Grants
Leicestershire County Council
Garfield Weston
Maud Elkington Charitable Trust
Florence Turner Trust (FL001)
The Gillian Stevenson Charitable Trust
Paget Trust
John Lewis Plc
Nelsons Solicitors
North West Leicestershire District
Council
Community Foundation Leics &
Rutland
Asda Foundation
Local Giving Ltd
Chesterton House Foundation
Blaby District Council
Clothworkers' Foundation
The National Lottery Community Fund
TOTAL FUNDS		 Incoming
resources
£
166,499
5,000
5,000
20,000
3,000
1,000
2,613
1,000
1,416
245
100
5,000
400
500
1,000
500
9,600
16,569
72,943
239,442		 Resources
Movement
expended
in funds
£
£
(198,513)
(32,014)
(5,000)
-
(5,000)
-
(20,000)
-
(3,000)
-
(1,000)
-
(2,613)
-
-
1,000
(1,416)
-
(245)
-
(100)
-
(5,000)
-
(400)
-
(500)
-
(1,000)
-
(500)
-
-
9,600
-
16,569
(45,774)
27,169
(244,287)
(4,845)

Page 18

continued...

Leicestershire Leicester And Rutland

Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
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
£
(44,903)
-
-
-
-
-
(44,903)
-
-
(2,000)
-
(2,000)
(46,903)		 Transfers
between
funds
£
41,623
-
(20,000)
-
(20,000)
-
1,623
(387)
(943)
-
(293)
(1,623)
-		 At
31.3.23
£
30,048
10,000
50,000
5,000
30,000
25,000
150,048
-
-
-
-
-
150,048

Comparative 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
£
£
(180,722)
(44,903)
(15,150)
-
(4,059)
-
(2,000)
(2,000)
(3,600)
-
(20,000)
-
(1,500)
-
(500)
-
(1,500)
-
(1,010)
-
(49,319)
(2,000)
(230,041)
(46,903)

Page 19

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

18. MOVEMENT IN FUNDS - continued

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.

Restricted Funds

ASDA Foundation - Funds relating to a course promoting healthy eating.

Blaby District Council - Funds relating to supporting the new kitchen project in the Day centre.

Chesterton House Foundation - Funds relating to the Day Centre Activity sessions including Animal Magic sessions.

Clothworkers Foundation - Funds relating to supporting the new kitchen project in the Day centre.

Community Foundation Leicestershire & Rutland - Funds relating to the wildlife environmental garden project.

Florence Turner Trust - Funding relating to supporting the costs of Neuro Occupational Therapy Day Centre sessions.

Garfield Weston - Funding relating to the Day Centre core costs.

Day Centre Grant - Funds relating to supporting core costs of the Day Centre.

Gillian Stevenson Trust - Funds relating to supporting the repair of the floor in the Day centre.

John Lewis Plc. - Funding relating to the support of the Fatigue Management Course.

Leicestershire County Council (Shires) - Funding supporting the Community Outreach team.

Local Giving Ltd (Post Code Lottery) - Funding the Day Centre to reduce isolation in the Community.

Maud Elkington Charitable Trust - Funding relating to supporting the costs of Neuro Occupational Therapy Digital Day sessions.

Nelson Solicitors - Funding supporting the Travelling Gallery.

North West Leicester District Council - Funding relating to the Coronation Tea Event and the launch of the travelling gallery.

Page 20

continued...

Leicestershire Leicester And Rutland Headway

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

18. MOVEMENT IN FUNDS - continued

Paget Trust - Funding relating to the costs of day centre activities.

The National Lottery Community Fund - Funding relating to the expansion of the Day Centre Provision.

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.

Freemasons Leicester - Funding relates to providing support for the carers group.

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 2024.

Page 21

This page does not form part of the statutory financial statements

Page 23