REGISTERED COMPANY NUMBER: 03982496 (EAgland and Wales) REGISTERED CHARITY NUMBEK. I(184323 REPORT OF THE TRusfEES AND UNAUDrrED CESSATION FINANaALSTATEMENTS FOR THE YEAR ENDED 31 PAARCH 2025 FOR HEADWAY SOtrrH EAST LONDON AND NoiYfH WEST KENT LIMITED Xelnadln South East 19 North Street Ashford Kent TN24 8LF
HEADWAY soufH EAsf LONDON AND NORTH WEST KEKf LIMITED CONTENTS OF THE FINANaAL STATEMENTS forthe Year Ended 31 March 2025 Page Report of the Trustses I to 2 Independent Ex8mlnerf5 Report statement of Financial Activltles Balan Sheet Notes to the Flnanclal Ststements 6 to 10 Detalled Ststement of Finan¢ial ActlvltTe$ 11 to 12
HEADWAY SOUTH EA¥f LONDON AND NORTh WEsr KENTLIMITEO BAIANCE SHEET 31 Mar¢h 2025 3L3.25 Total funds 31.3.24 Total fund5 Unrestricted funds Restrltted funds Notss CURREKf AssErs Debtors Cash at bank and In hand 49,963 155,093 92,626 92,626 92,626 92,626 205,056 CREDITORS Amountsfalllng due wlthln one year 11081 1108 124,0921 NET CURRENT ASSErs 92,518 92,518 180.964 TOTALA5SEfs LESS CURREKf UABIUTIES 92,518 92,518 180,964 NEf ASSETS 92,518 92,518 180,964 FUNDS Unrestrlrted funds 92.518 180,964 TOTALFUNDS 92,518 180364 The tharltable company Is entltled to exemptlon from audlt under Section 477 of the Companles Act 20D6 for the year ended 31 March 2025. The Mernbe have not required the company to obtain an audlt of Its flnanclal statements for the year ended 31 March 2025 In accordance with Sectlon 476 of the Companles Act 2¢6. The trustees acknowledge their responslbllltSes for (a) ensurln8 that the charltsble company keep5 accounting records that comply with Sertlons 386 and 387 of the Companies Act 2006 and preparing flnanclal statements whlch glve a true and fair view of the stats of aff21rn of the charitable company as at the end of each flnanclal year and of Its surplus or deflclt for each finanual year In accordance wlth the requlrements of Sectlon5 394 and 395 and whlch othenmlse comply wlth the requlrements of the Companies Art 2006 relaVn8 to flnanelel ststements, so far as applleable to the charltable company. (b) These financial statements have been prepared In accordance wlth the provlslons applltsble to charltable ttjmpanles subject to the small companie5 regime. Th nanclal statements were approved by the Board of Trustees and authorised for issue on .n..tstr..w.fand were s58ned on its behalf by: MrD rs rustee The notss form port of these financial statements Pa8e 5
HEADWAY SOUTH EAST LONDON AND NORTH WEsr KENT LIMITED NOTES TO TFIE FINANCIAL ATEmENTS for the Year Ended 31 Mar¢h 2025 ACCOUNTING pouaES Basls of preparlng the flnancial statements The financial statements of the charltable company. whlch Is a publlc benefft entity under FRS 102, have been prepared in accordance wlth the Charlties SORP IFRS 1021 'Accounting and Reportln8 by Charttles.. St*ement of Recommended Prartice applicable to charltles preparlng thelr accounts In accordance with the Financial Reporknn£ Standard appllcable In the UK and Republic of Ireland {FRS 1021 leffecdve l Jènu2ry 2015),, Flnanclal Reportlng Standard 102 rhe Flnanclal Reporting Stsndard applicable In the UK and Republlc of Ireland, and the Companles Act 2006. The flnanclal statements have been ppared underthe hlstorfcal cost conventlon. Income All Income Is recognlsed In the Ststement of Financial Artivitie5 On the charity has entitlement to the fund5. Itls probable that the Income wlll be recelved and the amount can be measured rellably. Expendlture Llabllltles are re¢ognlsed ?s expendSture as soon as there Is a le8al or con5tructtve obli8atlon Commlttlng the charity to that expendlture, It Is PTobable that a transfer of economlc beneflts wlll be requlred In settlement and the amount of the obll8atlon can be measured reliably. Expendlture is accounted for on an accruals basls and has been da55ifled under heèdSngs that 388regate all cost related to tho catsgory. Where costs cannot be dlrettly attrfbutsd to particular heading5 they have been allocated to activities on a basis con51stent wlth the use of resour, TaxatlDTI The tharity Is eKempt from corporation tax on Its charltsble artlvltles, Fund accountlng Unrestrlcted funds can be used In accordance wlth the thorltable oblectSves at the dlscretion of the trustee Restricted funds can only be used for partlcular restrltted purposes wlthln thè objects of the charlty. Restrictions arlse when specifled by the donor or when funds are rdlsed for partlcular restricted purposes. Further explanation of the nature and purpose of each fund Is Included In the notes to the financlal ststements. Penslon corts and other post.retlrement beneflts The charltable company operate5 a defined contributlon penslon scheme. Contribution5 payable to the diarltable company's penslon scheme are char8ed to the Statement of Hnanclal Actlvlties In the period to whlth they relate. Page 6 continued...
HEADWAY SOLrfH EAST LONDON AND NORTH WEsr KEr LIMITED REPORT OFTHE TRUSTEES for the Year Ended 31 March 2025 The trustees who are also dlrertors of the charlty for the purposes of the Companies Act 2006+ present thelr report wlth the flnanclal statements of the charlty for the year ended 31 March 2025. The truste have adopted the provlslons of Accountlng and ReportlnB by Charltles: Ststement of Recommended Practtce appIlble to charities preparfng thelr accounts In èccordance th the Flnandal Reportlng Standard applicable In the UK and Republ1¢ of Ireland (FRS 102) (effectlve lJanuary 20151. OBJECTIVES AND AcfiviTIES Objectives and alms BACKGROUND TO ACQUIRED BIi4IN INJURY; rrs EFFECTS AND HEADWAY SELNWK Headway SELNWK has supported a¢qulred braln Injury IABII suNlvors for over 35 years. Headway SELNWK was afflllated to Headway UK and has SLrpported people affected by an A81 In the South-East LDndon Boroughs IBexlÉy. Bromley, Greenwlch, Lambeth, Lewlsham and Southwarkl and In North West Kent IDartFord and Grave5endl. Followln8 a braln Injury, many Indlvlduals experience perslstent problem5 and need on-golng supporL We have provlded a person-¢entred servlce that understands the complexltles and problems that may arlse after Injury partl¢ularty wlth emotion5, CO8nitlon, memory, communication and behavEour. Headway SELNWK ha$ supported, gulded and motEvated both those wlth an ABI and thelrtdmily and carers on thelr journey towards achlÈvln8 thelr goals, Induslon Into the community and malntalnln8 a fvlfilling life, Despite Its prevalence braln InJury Is often known as the'hldden" dlsablllty; Its effects can be hard for others to detecL It Is dlfficult to represent suNlvors as one group, as thelr condltlons and needs are so fdrled. As a result, public awarene55 and under5tsndln8 are not what they should b& Mainstream health and soclal care professlonals who work wlth or sUPPOrt survlvDrs wlll often not know how to support them effectlvely. SuNlvors are more Ilkely to experlence sl8nlflcant stl£mati5atlon and soclal Isolatlon. We have worked dosely wlth Headway UK and stakeholders to ralse awarene55 of thls "hldden" dlsablllty. CharltyAlms; To Increase awareness o* braln InJury and Its consequences. To provlde Infomiatlon and support for people with brain injurles, thelr relatfve5 and carers and concemed professlonal people. To promote Improved approaches to braln Injury screening, aajte care, assessment, rehabllltatlon and 50¢ial re-lntegratlon. To a551st people wlth braln injuries to return to communlty Ilvin& Indudln8 access to appropri?te atrDmmodatlon, sodal outlets. and productlve actlvlty. aosure In our reportfor 2023124, we made It clear that there had been in a Shortfall In Income that was met from reseryes and that the Board was revlewlng optlons to resolve the posltlon. We worked wlth stakeholders to see how we could achleve sustalnablllty. In the current circumstan5 wlth flnanclal pressure on local authorlties, It became dear that there was no scope to 8et full c05t recovEry for our seyvlces, and there was Insuffldent 5¢0pe to make up the shortfall from other sources to make the servlces financ1a1 vlable. Re¢o8nlslng the costs assodeted wlth ¢losLtre and the level of our reserves, we therefore had to take the decision to close down the sErvice. Member seNlces stopped on Frlday 21 June 2024 and the charlty Closed on Frlday 28 June 2024. The b03rd met regularfy after c105ure to manage the detalls of the Closure. After payment of closure expenses, the outstanding funds hBve been transferred to Headway East London who wlll be settlng up servlces for people in SE London, The final board meetlng was held on 13 Au8USt 2025. Pa8e I
HEADWAY SOUTH EAST LONDON AND NORTH WEST KENT LIMrrED REPORT OFTHE TRusfEES forthe Year Ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DEfAILS Reglstered Company number 03982496 (England and Wales) Registered Charlty number 1084323 Re8lstered offlca Shrewsbury House Communlty Centre Bushmoor Crescent London London SE18 3EG Trustees Mr L Eacott Msj A Hendrle Mrj Lin8 Mr DT Marshall Ms N Mockenile Dr L King MSJ Albery Cofflpany Secretary Mr D T Marshall Independent Examlner Xelnadin South East Llmlted 19 North Street Ashford Kent TN24 BLF CESSATION OF OPERATIONS The charity ceased operatlng after the year end on 30104A025. At thls date all funds were transferred to Headway SELNWK East London where the charttles obJeCVe$ are carried out. Appro order of the board of trustees on .... ...,.... . .... , and 51gned on its behalf by: MrDTMa all -Trustee Page 2
INDEPENDENT EXAMINER'S REPORTTO THETRUSTEES OF HEADWAYsoiJfH EAsf LONDON AND NORTH WEST KENT LIMITED Independént èxamlner's report to the tsu5tees of Headway sOh East London And North West Kent Umitsd ('thé CompanV} I reportto the charity trustees on my examinatlon ofthe accounts of the Company for the year ended 31 March 2025. Responslbllltle5 and ba515 of report the charltrfs trustees of the Cornpany land also its dlrertors for the purposes of company law) you are responslble forthe preparatlon ofthe accounts In accordance wlth the requlrements of the Companles Art 2006 ('the 2Iy)6 Act'l. Havlng satlsfied myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and are ellglble for independent examlnatlon, I report In respect of my examlnatSon of your charfty's accounts as carrled out under Sectlon 145 of the Charltles Act 20111'the 2011 Art'l. In carylng out my examlnatlon I have followed the Dlrectlons glven bythe Charity commi50n under Section 145{51 Ibl of the 2011 Act. Independent examlner's slatement I have completed my examlnatlon. I conflrm that matters have come to my attention In tonnertlon wlth the examination giving me cause to believe: accountlng records were not kept In respect of the Company as required by Sectlon 386 of the 2006 ACL. or the accounts do not accord wlth those records: or the accounts do not comply wlth the atcountln8 requlrements of Secilon 396 of the 2006 Att other than any requlrement th* the aCCOUAts give a true and fair vlew whlch 15 not a rnatter consSdered as part of an independent examlnatlon. or the accounts have not been prepared In accordance with the methods and prlndple5 of the Statement of Recommended Practlce for accountln8 and reportlng by charltle5 (appllcable to tharities preparin8 thelr accounts In accordance wlth the Finondal Reportlng Stsndard appllcable In the UK and Republlc of Ireland IFRS 10211. I have no concerns and have come auoss no other matters In connectlon wlth the examlnatlon to which attentlon should be drawn In this report in order to enable a proper undor5tandlng of the accounts to be reached. 'cDI(Lg In NlcholB5 Hume Xelnadin south East 19 North Street Ashford Kent TN24 8LF Date: ......., J.31.t...l.11 Page 3
HEADWAY SOUTH E4ST LONDON AND NORTH WE KENTUMITED ATEMENT OF FINANCIAL AcfiviTIES for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestrltted funds Re5tdcted funds Notes INCOME AND ENDOWMENTS FROM Donations and le8acles 1,797 16,550 18,347 74,999 Charftsble 4Ctlvltles Charftable artlvltles 56,834 56,834 186,886 Other tradlng activitles Investment Income 2.079 2,811 1,655 1,655 Total 60,286 16,550 76,836 266,775 EXPENDITURE ON Ralslng funds Other tradln8 actlvltles 105,103 105,103 Charftable ?£tl¥lties Charltsble acthiltles 133,053 16,550 149,603 266,148 Other 15,679 15,679 33,788 Total 148,732 16,550 405,039 NET INCOMEI(EXPENDITURE) {88A46) 188,4461 1138,2641 RECONQUATION OF FUNDS Total fvnds brought forward 180,964 180,964 319,228 TOTAL FUNDS CARRIED FORWARD 92,518 92,518 180,964 The note5 form part of these flnanclal ststsments Pa8e 4
HEADWAY SOUTH EA LONDON AND NORTH WEST KENT LIM5TEO NOTES Ta THE FINANaAL 5fATEMENTS - contlnued forthe Year Ended 31 March 2025 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Self-Funded SeNI 2,079 INVEsllMEMf INCOME 31.3.25 31.3.24 Deposit occount Interest L655 2,811 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remunerdtlon or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no tNStees' expenses pald for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COS15 The averag8 monthly number of employees durfng the year was as follows: 31.3.25 31.3.24 16 Staff No employees recelved emoluments In excess of £60,000. TANGIBLE FIXEDASSETS Flxtures and flttlngs COST At l Aprll 2024 and 31 March 2025 935 DEPRECIATION At l April 2024 and 31 Marth 2025 935 NEf BOOK VALUE At31 Mah 2025 At31 March 2024 Page 7 contlnued.
HL4DWAY soirrH EAsf LONDON AND NORTh WE5r KELImITED NOTES TO THE FINANCIAL STATEMENTS- contlnued for the Year Ended 31 March 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors Other Debtors Prepayments and accrued Income 33,569 12,294 49,963 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Spcial security and other taxes Penslon Other credltors Accruals and deferred income 2,072 2,758 816 58 18,388 24,092 MOVEMENT IN FUNDS Net movement In funds At 31.3.25 At 1.4.24 Unrestrltted funds General fund 180,964 92,518 TOTAL FUNDS 180?64 {88,446) 92,518 Net movement in funds. Included In the above are as follows: Incomlng resources Resources expended Movement In funds Unrestri¢ted fvnds General fund 60,286 {148,7321 188,446) Restrlrted funds Bexley Partnershlp Grdnt National Lottery Grant 10,3CM) (10,3CM)} 16,2501 16,550 (16,5501 TOTAL FUNDS 76,836 {165,2821 188,4461 Pa8e 8 Continued..,
HEADWAY SOUTH EAsf LONDON AND NORTh WEST KENTLIMITED NOTES TO THE FINANCIAL STATEMENTS - contlnued forthe Year Ended 31 Marth 2025 MOVEMENT IN FUNDS- contlnued Comparatlves for movement In funds Net movement In fvnds At 31.3.24 At 1.4.23 Unréstrlrted funds General fund 317,519 {136555) 180,964 Restrlcted fvnds Klngs College Hospltsl 1,709 11,7091 T(yfAL FUNDS 319.228 (138.2641 64 Comparatlve net movement In fvnds, Induded In the above are as follows,, Incomlng resources Resources expended Movement in funds Unrestrlctsd tsnds General fund I9475 (331,130) {136,5551 Restrlcted funds Bexley Partnershlp Grant Natlonal Lottery Grant Ktngs College Hospitsl 41,200 25,1](X) 141,2(Kl) I25,1> {7,709 (1,7091 72.200 173,9091 {1,7091 TOTAL FUNDS 266,775 405,0391 138,2641 A currentyear 12 months and prlor year 12 months combined p05itlon is as foll0v. Net movement In funds At 31,3,25 At 1.4.23 Unrestrlcted fund$ General fund 317,519 1225,0011 92,518 Réstrirted tsnds KlnEs College Hospltsl 1,709 11,709) TOTAL FUNDS 319,228 1226 710) 92,518 Page 9 continued...
HEADWAY SOUTH EAST LONDON AND NORTH WEST KENT LIMITED NOTES TO THE FINANCIAL STATEMEKfs - continued for the Year Ended 31 March 2025 MOVEMEKT IN FUNDS- conttnued A eurrent year 12 months and prfor year 12 months comblned net movement in funds, Included In the above are 85 follows: Incomlng resources Resources expended Movement In funds Unrertrlcted funds Generdl fund 254,861 1479,8621 1225,COiI Restrlcted funds Bexley Partnershlp Grant Natlonal Lottery Grant Kln8s College Hospltsl 5L500 I51,5} 131.2501 17,7091 {1,7091 88,750 190,4591 11,7091 TOTAI FUNDS 343,611 1570,321) (226,710) 10. RELATED PARTY DISCLOSURES There were no related party trdnsactlons for the year ended 31 March 2025. ii, POST BAiANCE SHEYf EVENTS Headway SENLWK aSed tradlng on 30th April 2025. All funds at thls date were conflmied to be transferred to Headway SELNWK East London. Page 10
HEADWAY SOUTH EAST LONDON AND NORTH WEST KENT LIMITED DETAILED STATEMENT OF FINANCIAL A1V[rIEs forthe Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donatlons and leEacles Donatlons from Indivtduals Grnnts 1,797 16,550 2,799 72,200 18,347 74,999 Other tradln8 actlvltles Self-Funded Servl¢es 2.079 Investment Income Dep051t account Interest L6S5 2,811 Charltable artl¥ltles Local Authority Placements 56,834 186,886 Totsl Intomln8 resources 76,836 266,775 EXPENDITURE Other tradlng artfvkles Purchases 3,047 Charltablo artl¥ltl•s Wages Soclal securlty Penslons Consultsncy 95,284 2.615 1.213 21,100 242,421 18,670 2,906 56,149 120,212 320,146 Other Rent and Rate5 Insurance Sybscrlptlons Bank Charges Volunteer and Stsff Entertalnm ent 11,692 2,724 802 456 27,729 2.252 2.875 612 320 15,679 33,788 Support casts Mana8ament Telephone Carried forward 1,672 1,672 5,763 5,763 This page does not form part of the statutory flnandal ststements Page 11
HEADWAY SOUTH EASf LONDON AND NORTH WEsr KENT LIMITED DAlLED srATEmEr OF FINANaAL A1VITIEs forthe Year Ended 31 March 2025 31.3.25 31.3.24 Management Brought fonvard Postsge and ststlonery Advertlsln8 Sundries Computer Cost Travel 1,672 2,371 5,763 2,136 72 2,145 21,541 2,079 3,699 13,512 660 21,914 33,736 other Staff Tralning and welfare 1,559 Governance costs Accountancy lees Professlonal Fees 3,331 9.432 7,477 7,477 12,763 Totsl resources expended 165,282 405,039 Net expendfture 188,4461 138,2641 This page does not forni part of the Statutory financlal statements Pa8e 12