REGISTERED COMPANY NUMBER: 03917437 (England and Wales)
REGISTERED CHARITY NUMBER: 1080775
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMEIYTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
HEADWAY LUTON L TD

HEADWAY LUTON LTD
CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2025
Page
Reference and Administrative Details
Report of the Trustees
Report of the Independent Auditors
8 to 10
Statement of Finaneial Aetivitie$
Balance Sheet
12
Notes to the Financial Statements
13 to 21
Detailed Statement of Financial Activities
22 to 23

HEADWAY LUTON LTD
REFERENCE AND ADMINISTRATIVE DETAtLS
for the Year Ended 31 MARCH 2025
TRUSTEES
Mr B H Bateson Treasurer
Mr A D Headley
Mr A Malik
Mrs A Morgan
Mrs V Headley
Mr C Harvey Chair
Mrs Y Roach (appointed 28.8.25)
REGISTERED OFFICE
49-53 Altna Street
Luton
Bedfordshire
LUI 2PL
REGISTERED COMPANY
NUMBER
03917437 (England and Wales)
REGISTERED CHARITY
NUMBER
1080775
INDEPENDENT AUDITORS
FKCA Limited
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL
CHIEF EXECUTIVE
Mr G Atkins
Page I

HEADWAY LUTON L TD (REGISTERED NUMBER: 03917437)
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
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 2025. They are prepared in accordance with the
accounting policies set out in note I to the fmancial statements and comply with the Charities Act 2011, the Companies
Act 2006, the Memorandum and Articles of Associalion and Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities Preparing their fmancial statements in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019}.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objectives are for the relief of adults who have an acquired brain injury {ABI) andlor any other neurological
condition, Iheir families, carers and other related professionals by the provision of advice, infonnation, services and
facilities as required by such persons.
To manage and run activities, day centres, visiting services and support groups in furtherdnce of the objeclives.
To create a wider understanding of brain injury within the community.
The trnstees have referred to tbe guidance conlained in the Charity Commission's general guidance on public benefit
when reviewing their aims and objectives and in planning future activities. In particular, the trnstees consider how planned
activities will contribute to the aims and objeclives they have set.
Page 2

HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The board of trustees strongly believe that we should all be proud of our achievements throughout the fmancial year
delivering a wide range of support to people with an acquired brain injury, their carers and/or family members despite th¢
growing financial pressures currently being experienced by many charities across the UK, including Headway Luton.
These pressures included..
Ongoing national inflation increasing ¢ost of supplies, energy costq and essential maintenance
- Local authority budget overspends limiting local charity support and funding
Shortage of qualified social workers delaying assessments and centre placemeni funding
Increasing individual's contribution 10 their social care packages making it financially difficult for clients to afford
social care. impacting on Headway centre attendance income.
These financial pressures all contributed towards Headway Luton to end the year with a financial loss for the first time
since our incoryoration in 2000.
Primary Objectives:
To delivcr person centred care and support to people with an acquired brain injury to meet their individual
needs throughout our area of operation.
To be creative in our service delivery to ensure costs are kept to a minimum without impacting on the quality
and diversity of our support.
To focus our output on clients, personal health and wellbeing objectives.
To continue to plan and deliver a wide range of centre aclivities offering clients variety of chokces and centre
attendance opportunitieq.
To ensure all staff and volunteers are provided with appropriate training and support in their roles and to
encourage personal development of their skills and knowledge.
Clients accessing services throughout 2024-2025:
Numbers of clients attending our centres reduced foi the second year running due lo a slowing down of agreed funding
for new clients, centre placements by local authorities, who were a150 affected by inflation, budgei overspends and staff
shortages.
Total of clients supported in the community and at our centres in Lulon and Houghton Regis..
175 adults with an acquired brain injury
28 family memberslcarers with support, advice and infonnation
Client statistics in brief (further statistics may be found on our website headwayluton.com)
Sex
Male
Female
ABI (including stroke)
Traumaiic brain injury
Other neuro conditions
Luton
Central Beds
Other
670/0
33/0
73%
24%
ABI Causes
Areas of residence
68%
27%
Page 3

HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
Centre staff and volunteers:
Two members of staff retired towards Ihe end of the year allowing additional hours to be allocated to our part time centre
staff where necessary and the opportunity lo recruit our f￿st apprentice in the following year. This was an achievement
as it required considerable research into the best courses available that enabled on site training and study time, and this is
already proving a success. We aim to use this meihod again when appropriate and funding is available to increase the
entre staff team.
Our part time Volunteer Co-ordinalor successfully recruited twelve volunteers throughout the year and produced a new
induction programme and training schedule, while also providing opportunities for iwo young people lo gain some work
experience in the centre.
Community Support staff..
The Community Support Manager and part time CSW were kept extremely busy Wlth many new referrals from
individuals, families, ASC teams and other health agencies requesting support with benefit appeals, health appointment
support, debt management, ABI advice and infomiation.
The team rnanaged to contact all new referrals within our ten day published timeframe and arrange a client assessment of
need interview either at the new clients, home or at the centre. whichever was deemed the mosi appropriate venue.
Detailed monitoring of key service perfonnances to the funders NHS BLMK ICB were regularly provided by the team.
helped by our Business Support Officer, and meeting the ICB contract manager online.
Building improvements:
We were fortunate to receive a large grant lo improve the comfort and energy efficiency of our building in Luton. To this
end we fully spent the grant on having solar panels installed on our roof with two batt¢rie5 to store unused energy for
overnight power use, and insulated suspended ceilings on two floors with low cost LED lighting fitted.
Other grants included {all grants are listed within the a¢¢ounts).'
Bedfordshire and Luton Community Fund for providing clients with 121 ernotional support, supported personal shopping
and other independeni living assistance as required.
Luton Heritage lottery grant for an art project to inspire the creative Works made by people living with an ABI.
Sports England grant for physical exercise tutors, sport equipment and staff training.
Wixamtree Trust paid for people to attend the centre that were waiting for lo¢al authority funding to attend the centre or
for emergency additional days.
Headjvay Luton appreciation of support:
The board of trustees are extremely grateful for all clients and their families and carers, staff, volunteers, fellow t￿SteeS
and grant funders for their continued support thToughout a very busy, sometimes challenging, but very success￿1 year
despite the financial pressures we were under and necessary staff changes.
Page 4

HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
FINANCIAL REVIEW
The results of the cbarity for the year are sel out in the Statement of Financial Activities on page I l.
Overall the charity had a deficit for the year of £ 11,182.
Prineipal funding sources
Grant income for the year totalled £175.987 and was made up as follows:_
Restricted..
NHS Beds, Lulon and Milton Keynes ICB - Community
Support Service
Bedfordshire and Luton Community Foundation (Luton
Borough Council) - Day Centre
55,119
45,688
Wixarntree Trust
Groundwork UK Energy Fund
Sport England
Arnold Clarke
5,000
62,914
6,766
500
175,987
All other income totalled £284,455. Charges for ihe day care service were £274,419, Fund raising contributed £1,380.
other donations £8.408 and interest received £248.
Reserves policy
The trusiees review the level of reserves periodically lo ensure that the charity is able to be managed efficiently and to
provide a buffer for unintemipted services.
It is their policy to maintain unrestricted ￿ndS at a level which equates to
at least six montbs expenditure. This provides sufficient funds to Gover management, administration and support Costs.
PLANS FOR THE FUTURE
To continue lo review our charity Consti￿110n and governance policies to ensure they reflect our CU￿ent aims
and objectives, and how we conduct our business in legal compliance of the Charity Commission and
Companies House regulations.
To review our recruitment policies, practic¢s and training opportunities for tnLStees and staff to ensure a wide
range of skills and experience to help fulfil our charity obligations.
To ¢ontinue with the development and expansion of all Headway Luton services towards the fulfilment of
our mission statement.
To iniliate a consultation process with staff regarding the future shape of services in light of the ongoing
fmancial pressures that will continue for the foreseeable future.
To work towards a constnjctive. creative and achievable business plan for the next 2-3 years.
To increase marketing and promotion of our services throughoui all communities within our area of
operalion.
To work collaboratively with other Headway groups and ABI related services throughout our region and to
strengthen our network of other health related agencies.
Page 5

HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity was incorporated on l February 2000 as a private company limited by guarantee, registered in England and
Wales, after having been in existence for about eleven years as an unincorporated entity. It registered as a charity on 15
December 1997, with the charitable company being registered on 18 May 2000. The charity changed its name from
Headway South Bedfordshire Limited on 22 October 2008.
The governing documents currently in force are the Memorandum and Articles of Association.
There are currently 7 members (trnstees) (2024 - 6) each of whom agrees to contribute an amount not exceeding £10 in
the event of the charity winding up.
Appointment of trustees
Trustees are appointed by the management committee, subject to approval at the following annual general meeting, which
is nonnally held in November.
At each AGM the two longest serving trusiees retire but may offer themselves up for
re-election.
Organbsation
The names of the trustees who served during the year are set out on page l.
Board meetings are held regularly on a monthly basis, with ad hoc meeiings being held as and when necessary.
The chief executive officer has the overall responsibility for all operational activity, service quality, contract achievement
and futhre developments to meet service demands. withm a budget sel and overseen by the board of trnstees.
Risk management
The trustees cary out an annual review of the risks which the charity may face, have established systems and procedure5
to mitigate any risks identified and minimise any potential impact should any identified risks malerialise.
Page 6

HEADWAY LUTON LTD (REGISTERED NUMBER.. 03917437)
REPORT OF THE TRUSTEES
for the Year Ended 31 MARCH 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Headway Luton Limited for the purposes of company law) are responsible
for preparing the Report of the Trnstees and the fmancial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trusiees to prepare financial statements for each f￿anCIal year which give a true and fair view
of the state of affairs of the charitable company and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that period. In Preparing those fjnancial statements, the ln￿teeS
are required to
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charity SORP.
make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the fmancial statements; and
prepare the fmancial Stsiements on the going concern basis unless it is inappropriate to presume that the
charitable company will conlinue in business.
The trllstees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial posltion of the charitable company and to enable them to ensure that the financial statements comply with
the Companies Act 2006. They are also responsible for safeguarding the a5.seis of the charitable con]pany and hence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trusiees are aware:
there is no r¢l¢vant audit infonnation of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make th¢mselves aware of any relevant audit
infonnation and to establish that the auditors are aware of that infonnation.
AUDITORS
FKCA Limiled are deemed to be re-appoinied under section 487(2) of the Companies Act 2006.
The Report of the Trnstees has been prepared in accordance with the special provisions for small companies under Part
15 of the Companies Act 2006.
Approved by order of the board of trustees on .......... .. ..
and signed on its behalf by..
Mr C Harvey - Trustee
Page 7

REPORT OF THE INDEPEIYDENT AUDITORS TO THE MEMBERS OF
HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
Opinion
We have audited the financial statements of Headway Lulon Lid (the 'charilable company,) for the year ended
31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the fmancial
statements, including a summary of significant accounting policies. The fmancial reporting frarnework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accountlng Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland,.
In our opinion the fmancial statements..
give a true and fair view of the stale of the charitable company's affairs as at 31 March 2025 and of its incoming
resources and application of resources, including its income and eXpendi￿re, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law.
Our responsibilities under those standards ar¢ ￿rther described in the Auditors, responsibilities for the audit of the
fmancial statementg section of our report. We are independenl of the charitable company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responslbiltties in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conelusion5 relating to going coneern
In auditing the fmancial statements, we have concluded thai th¢ tNstees' use of the going Concern basis of accounting in
the preparalion of the f￿aTr¢Ial statements is appropriate.
Based on the work we have perforn]ed, we have not identified any material uncertainties relating to events or conditions
that, individually or collectively, may casl significant doubt on the charitable company's ability to continue as a going
conceni for a period of at least twelve months trom when tbe fmancial statements are authorised for issue.
Our responsibilities and the responsibilities of the trnstees wilh respect to going concern are described in the relevant
sections of this report.
Other informydtion
The trustees are responsible for the other infonnation. The other inforn)ation comprises the inforniation included in the
Annual Report, other t1￿1 the fmancial statements and our Report of the Independeni Auditors thereon.
Our opinion on the fmancial slalements does not Cover the other infonnalion and, except to the extent otherwise explicitly
stated in OUT report. we do not express any form of assurance Conclusion thereon.
In connection with our audit of the fmancial stalements, our responsibility is to read the other infomiation and, in doing
so, consider whether the other inforniation is materially inconsisteni With the fmancial statement5 or our knowledge
obtained in the audit or othenvise appears to be rnaterially misstated. If we idenlify such maierial inconsistencies or
apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the
fmancial statements themselves. If, based on the work we have perfonned, we conclude that there is a material
misstalement of this other inforniation, we are required to report that fact. We have nothing to report in this regard.
Opinions oll other matters prescribed by the Companie5 Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the inforniation given in the Report of the Trustees for the fmancial year for which the fmancial statements are prepared
is consistent with the financial statements- and
the Report of the TTUStees has been prepared in a¢cordan¢e with applicable legal requirements.
Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HEADWAY LUTON L TD (REGISTERED NUMBER: 03917437)
Matters on which we are required to report by exeeption
In the lighi of the knowledge and understanding of the charithble company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trnstees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires u5 to report to you
if, in our opinion:
adequaie accounting records have not been kept or returns adequate for our audit have not been received from branches
not visited by us; or
the fmancial statements are not in agreement with the accounting records and rethrns. or
certain disclosures of trnstees, remuneration specified by law are not made- or
we have not received all the inforniation and explanations we require for our audit. or
the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a
Strategic Report or in preparing the Report of the Trnstees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities. the trustees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the fmancial statements and
for being satisfied that they give a trne and fair view, and for such inlemal control as the trustees delennine is necessary
lo enable the preparation of fmancial statements that are free from material misstatcment, whetber due to fraud or error.
In preparing the financial statements, the trnstees are responsible for assessing the charitable company's ability to continue
as a going concern, disclosing, as applicable, matters related to gotng concern and using the going concern basis of
accounting unless the trnstees either intend to liquidate the charitable company or to cease operations, or have no realistic
alternative but to do so.
Our respoDsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from maierial
misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS
(UK) will always detect a material misstatement when it exists. Misstatement5 can arise from fraud or error and are
considered material if, individually or in the aggregate, they could r¢asonably be expected to inlluence the economic
decisions of users taken on the basis of these financial siatements.
Extent to which our procedures are capable of detecting iTregularities, including fraud:
I￿egularitIes, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line
with our responsibilities, outlined above, to deleet material misstatements in respect of irregularities, including fraud. Our
approach to identifying and assessing the risks of mat¢rial misstatement in respect of i￿egula￿tIcs. including fraud was
as follows:
The engagement partner ensured that the engagement team collectively had the appropriate compelence, capabiltties
and skills to identify or recogni8e non-compliance witb applicable laws and regulations.
We identified the laws and regulations applicable to the cornpany through discussions with directors and other
managemeni, and from our commercial knowledge and experience of the sector in which the company operates.
We focused on specific laws and regulations which we considered may have a direct impact material effect on ihe
fmancial statemenls, or the operations of the company which included the Companies Act 2006, taxation legislation. data
protection, anti-bribery, employment, environmental and health and safety legislation.
We assess¢d the extent of compliance with the laws and regulations identified above through making enquiries of
management and inspecting legal correspondence. and
Identified laws and regulations were communicated within the audit team and the team remained alert to insiances of
non-compliance throughout the audit.
We identified the grealesl risk of material impact on the flllancial statements from irregularities, including fraud. to
involve the completeness and timing of income recognition and the override of controls by management.
To address the risk of fraud in relation to revenue recognition. we:
Perfonned detailed substantive testing to address completeness and accuracy of income;
Assessed the appropriateness and application of the accounting policy concerning income recognition.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
To address the risk of fraud through management bias and override of controls, we:
Perforn]ed analytical procedures to identify any unusual or unexpected relationships-
Tested joumal entries to identify unusual transactions-
Assessed whetherjudgements and assumptions made in delennining the accounting estimates were indicative of
polential bias;
Investigated the rationale behind significant or unusual transactions.
Because of the inherent limitations of an audit, there is a risk thal we will not detect all irregularities, including those
leading to a material misstatement in the fmancial statements or non-compliance with regulation. This risk increases the
more thai compliance with a law or regulalton is removed from the events and transactions reflected in the financial
statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding
irregularities occurring due to fraud rather tban ￿Or, as fraud involves intentional concealment, forgery, collusion,
omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. https://www.frc.org.uklOur-WorklAudiVAudit-and-a.ssurancelStandards-and-
guidancelStandards-and-guidance-for-audttorslAuditors-re%ponsibilities-for-auditlDescription-of-auditors-
responsibilities-foT-audit.aspx.This description forn]s part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might sthte to the charitable company's n]embers
those matters we are required lo state to them in an auditors, report and for no otherpuTpose. To the fijllest extent pemiitted
by law, we do not accept or assume responsibility to anyone other than the charitable company and the charithble
company's members as a body, for our audit work. for this report, or for the opinions we have forni¢d.
Tara Aldwin ACA (Statutory Auditor)
for and on behalf of FKCA Limited
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL
Daie...L.É.....kn.boJ. &72
Page lo

HEADWAY LUTON LTD
STATEMENT OF FtNANCIAL ACTIVITIES
(tNCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
for the Year Ended 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
8,408
8,408
6,979
Charitable activities
Charitable Activities
274,419
175,987
450,406
433,244
Other trading activities
Investment income
1,380
248
1,380
248
1,243
257
Total
284,455
175,987
460,442
441,723
EXPENDITURE ON
Raising funds
563
563
1,857
Charitable activities
Charitable Activities
314,808
156,253
471.061
419420
Total
315,371
156,253
471,624
421,277
NET INCOMEI(EXPENDITURE)
(30,916)
19,734
{11,182)
20.446
RECONC[L￿TION OF FUNDS
Total funds brought fonv￿d
539,381
112.129
651,510
631,064
TOTAL FUNDS CARRIED FORWARD
508,465
131,863
640,328
651,510
CONTIIYUING OPERATIONS
All income and expendiMre has arisen from continuing activities.
The notes fonn part of these financial statements
Pagell

HEADWAY LUTON LTD (REGISTERED NUMBER: 03917437)
BALANCE SHEET
31 MARCH 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
io
533.797
516,738
CURRENT ASSETS
Debtors
Cash at bank and in hand
31,354
92,342
32,279
116,311
123,696
148,590
CREDITORS
Amounts falling due within one year
12
(17,165)
(13,818)
NET CURRENT ASSETS
106,531
134,772
TOTAL ASSETS LESS CURRENT
LIABILITIES
640,328
651,510
NET ASSETS
640,328
651,510
FUNDS
Unrestricted ￿ndS
Resiricted fund5
14
508,465
131,863
539,381
112,129
TOTAL FUNDS
640,328
651,510
These fmancial statem¢nts have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The fmancial statements were approved by the Board of Trnstees and authorised for issue on ...
and were signed on its behalf by..
Mr C Harvey- Trustee
Mr B H Bateson - Trnstee
The notes fonn part of these flllancial statements
Page 12

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL ST ATEMENTS
for the Year Ended 31 MARCH 2025
ACCOUNTtNG POLICIES
Basis of preparation
The fmancial statement5 have been prepared under the historical cost convention with items recognised at cosi or
transaction value unless othenvise stated in the relevant note(s) to these flnancial statements. The financial
statements have been prepared in accordance with Accounting and Reporting by Charities: Statemenl of
Recommended Practice applicable to charities preparing their financial statements in accordance with the
Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2019)
and the Companies Act 2006.
The charity meets the def￿ltiOn of a public benefit entity under FRS102.
The presentation currency of the financial statements is in Pounds Sterling (£), which is the functional CUTrency
of the charity.
In comrnoD with many other charities of our size and nature we use our auditors to astsist with the preparation of
the financial statements, although strict safeguards remain in place for the audit opinion, to remain fully objective.
Company status
The charity is a company limited by guarantee. The members of the charity are the trustees named on page l. In
the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of
the charity.
Income reeognition
Grant income is a¢counled for in the period in which it is receivable.
All other income is included in the Statement of Financial Activities when the charity is legally entitled to the
income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of
the charity being notified of an impending distribution or the legacy being received.
Gifts in kind donated for distribution are included at valuation and recogllised as income when they are distributed
to the projects.
Gifts donated for resale are included as income when they are sold. Donated facilities are
included al the value to the charity where this can be quantified and a third party is bearing the cost. No amounts
are included in the financial statements for services donaled by volunteers.
llvestment income is included when receivable.
Expenditure recognition
All expenditure is accounted for on an accnjals basis and has been classified under headings that aggregate all
costs related to the category.
Costs of raising funds comprise the Costs associated with attracting voluntary income. mainly in relation to fund
raising events.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for its beneflciaries.
It includes both costs that can be allocaied directly to such activities and those cosls of an
indirect nature necessary to SUPPOrt th¢m.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the
charity and include the audit fees and costs linked to the strategic management of the chariiy.
All costs are allocated between the expendi￿re categories of the Statement of Financial Activities on a basis
designed to reflect the use of the resource.
Costs relating to a particular activity are allocaied directly, others
are apportioned on an appropriate basis e.g. floor areas. per capita or estin]ated usage as set out in Note 5.
Tangible fixed assets
Tangible f￿ed a55ets are stated ai cost less accumulated depreciation.
Depreciation 15 charged on the straight
line basis over the expected useful economic lives of the assets at the following annual rates..
Page 13
continued...

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025
ACCOUNTING POLICIES - continued
Tangible fixed assets
Lift
Solar Panels
Computers and other office equipmeni
Fixtures and fittings
over 15 years
over 25 years
over 3 years
over 10 years
No depreciation is provided on freehold land. The residual value of the freehold building (excluding the lift
upgrade) is deemed to be at leasl equal to the value recorded in the fmancial staternents. As such any depreciation
would be negligible and has not been provided for.
The carying values of tangible fixed assets are reviewed for impainnent in periods if events or changes in
circumstances indicate the carrying value May not be recoverable.
Taxation
The charity is exempt from corporation lax on its charitable activities.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustee5 in furtherance of the general objectives of
the charity and which have not been designated for other puTp05es.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the charity for particular purposes.
The cosl of raising and administering such funds
are charged against the sp¢¢ific fund. This includes grant ￿llds which are given for specific puryioses.
Pension costs
Payments made directly to individual employee personal pension plans by the charity are Charged to the Statement
of Financial Activities when paid.
Government grants
Government grants are recognised when it is reasonable to expect that the grants will be received and that all
related conditions will be met. usually on submission of a valid claim for payment.
DONATIONS AND LEGACIES
2025
2024
Donations
8,408
6,979
OTHER TRADIIYG ACTIVITIES
2025
2024
Fundraising events
1,380
1,243
Page 14
continued...

HEADWAY LUTON L TD
NOTES TO THE FINANCIAL STATEMENTS- continued
for the Year Ended 31 MARCH 2025
INVESTMENT INCOME
2025
2024
Interest received
248
257
CHARIT ABLE ACTIVITIES COSTS
Costs directly allocated to
activities
Basis of
allocation Raising funds
Actual
Charitable
activities
2025
Total
2024
Total
Staff costs
Day centre expense%
General office costs
Computer expenses
Travel
Training
Fund raising costs
Volunteer expenses
Legal and professional fees
Governance costs..
Audit and accountancy
Book-keeptng
359,009
6,258
5,349
691
604
690
359,009
6.258
5.349
691
604
690
563
278
1,103
342,827
8,117
6,296
2,307
464
1,265
,857
383
1,240
563
278
1,103
8.885
4,993
8,885
4,993
8,389
5,520
563
387,860
388,423
378,665
Support costs allocated to
activities
Premises
Communications
Depreciation
Usage
76,639
1,626
4,936
76,639
1,626
4,936
34,020
4,170
4,422
83,201
83,201
42.612
563
471,061
471,624
421,277
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after charging/(crediling).'
2025
2024
Depreciation - owned assets
Audit fees
Other accountancy services
6,989
5,310
3.575
4,422
5,060
3,329
Page 15
conlinu¢d...

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL STATEMENTS - eontiDued
for the Year Ellded 31 MARCH 2025
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no twstees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
2025
2024
Wages and salaries
Social security costs
Other pension costs
322,507
21.237
15.265
310,099
17.756
14,972
359,009
342.827
The averdge monthly number of employees during the year was as follows..
2025
13
2024
15
Head injury services
Management and administration
15
17
No employees received emoluments in excess of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
nds
Restricted
fijnds
Tolal
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,979
6.979
Charitable activities
Charitable Activities
283,278
149,966
433,244
Other trading activities
Investment income
1,243
257
1,243
257
Total
291,757
149,966
441,723
EXPENDITURE ON
Raising funds
1,857
1,857
Charitable activities
Charilable Activities
270,106
149,314
419,420
Total
271963
149,314
421.277
NET INCOME
19,794
652
20,446
Page 16
continued...

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL STATEMENTS - Continued
for the Year Ended 31 MARCH 2025
COMPARATtVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
nds
Total
fijnds
RECONCILIATIOIN OF FUNDS
Total fijnds brought forward
519.587
111,477
631,064
TOTAL FUNDS CARRIED FORWARD
539,381
112.129
651,510
io.
TANGIBLE FIXED ASSETS
Computer
equipment
and other
equipment
Fixtures
and
fitlings
Freehold
property
Totals
COST
At l April 2024
Additions
627,741
21,995
11,788
45,544
685,073
21,995
At 31 March 2025
649,736
11.788
45,544
707,068
DEPRECIATION
At l April 2024
Charge for year
112.730
4,274
10,455
268
45,150
394
168,335
4,936
At 31 March 2025
117,004
10,723
45,544
173,271
IYET BOOK VALUE
At 31 March 2025
532,732
1,065
533,797
At 31 March 2024
515,011
1,333
394
516,738
ii.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Prepayments and accrued income
28,712
2.642
29,474
2.805
31,354
Page 17
conlinued...

HEADWAY LUTOIY LTD
NOTES TO THE FILYANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Accruals and deferred income
17,165
13,818
13.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
Total
funds
2024
Total
funds
Unrestricled
funds
Restricted
funds
Fixed assets
Cuttenl assets
Current liabilities
401,934
123,696
17,165)
131,863
533,797
123,696
17,165)
516,738
442,647
307,875)
508,465
131,863
640,328
651510
14.
MOVEMENT tN FUNDS
Nei
movement
in funds
Transfers
between
fimds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
Property Fund - Designaied filnd
131,090
408,291
(30.916}
7,422
7,422)
107,596
400,869
539,381
(30,916)
508,465
Restricted funds
Headway House - Capital grant
Other capital grant
Other capital donations
LBC - Heriiage Art Projeci
Groundwork UK Energy Fund
34,731
71,989
4,209
1.200
34,731
71,989
3,661
(548)
(1,200)
21,482
21.482
112,129
19,734
131,863
TOTAL FUNDS
651,510
11,182)
640,328
Page 18
conlinued...

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Euded 31 MARCH 2025
14.
MOVEMENT IN FUNDS - continued
Net movement in ￿nds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
284,455
{315,371)
(30,916)
Restricted funds
Day centre operational cost
Community support service
Oth¢r capital donations
Sport England
Wixamtree Trust
LBC - Heritage Art Project
Arnold Clarke
Groundwork UK Energy Fund
45,688
55,119
(45,688)
(55,119)
(548)
(6,766)
(5,000)
(1.200)
(500)
41,432)
(548)
6,766
5,000
(1,200)
500
62,914
21,482
175,987
156,253
19,734
TOTAL FUNDS
460,442
471,624)
11,182)
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
Gen¢ral fund
Property Fund - Designated fund
519,587
19,794
(408,291)
408.291
131,090
408,291
519,587
19,794
539,381
Restricted funds
Headway House - Capital grant
Other capital grani
Other capital donations
LBC - Heritage Art Project
34,731
71,989
4,757
34,731
71,989
4,209
1,200
(548)
1,200
111.477
652
112,129
TOTAL FUNDS
631,064
20,446
651,510
Page 19
continued...

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025
14.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
291,757
(271,963)
19,794
Restricted funds
Day centre operational cost
Community support service
Other capital donations
The National Lottery Community Fund -
Cost of Living Fund
BLCF - Mental health grant
LBC - retention and recruitment grant
Wixamtree Trnsl
The National Lottery Community Fund -
Coronation Party
LBC - Heritage Art Project
44,488
54,790
(44,488)
(54,790)
(548)
(548)
17,432
5,266
20.000
2,890
(17,432)
(5,266)
(20,000)
(2,890)
3,900
1.200
(3,900)
1,200
149,966
149,314)
652
TOTAL FUNDS
441,723
421,277)
20,446
Purposes of restricted funds
The fijnds for the Community Support service and Day Centre represent grants received for the charity to
undertake these specific tservices.
The Headway House and other capital grants funds represenl grants. originally received in the years ended 31 st
March 2000 to 31 sl Mar¢h 2002 for the charity to purchase the freehold premises from which to operate services.
The other capithl donations represent monies received to fund the upgrade of the new lift within the charity'5
freehold premises.
Th¢ funds from Sport England were to fiu]d physical activity including darts. yoga and exercise.
The funds from The National Lottery Comrnunity Fund (Cost of Living Fund) were lo fund an additional
community support worker post.
The funds from The Community Recovery Fund via Bedfordshire and Luton Community Fund (BLCF) were to
improve the mental health of adults with an acquired brain injury.
The funds from Luton Borough Council (LBC) were to assist with the reiention and recruitment of staff following
the Covid-19 pandemic.
The funds from the Wixamtree Trust were to fund new client placements.
The funds from The National Lottery Community Fund were lo fund celebrations for the King's Coronation.
The funds from Luton Borough Council were to fvnd a Heritage Art Project.
The fi￿dS from Arnold Clarke were to fund cltent transport and trips.
Page 20
continued.-.

HEADWAY LUTON LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2025
14.
MOVEMENT tN FUNDS - eontinued
The fimds from Groundwork UK Energy Fund were to ￿nd improvements to the freehold property in lighting,
insulation and solar panels.
Transfers between funds
Funds have been designated by the trustees to cover the cost of the charity'5 freehold premises.
15.
RELATED PARTY TRANSACTIOIYS
There were no related party transacttons during the year (2024 - none).
Page 21