## **ANNUAL REPORT** **2024 - 2025** **HEADWAY SUSSEX LTD COMPANY LIMITED BY GUARANTEE UNAUDITED FINANCIAL STATEMENTS 31ST MARCH 2025** **Registered charity name: Headway Sussex Ltd Charity registration number: 1084715 Company registration number: 04027768** ## **Headway Sussex LTD** cemee\\E Table of Contents ## **1.** ## Vision & Mission **2.** Trustees' Annual Report (incorporating the Director's report) **3.** Review from the CEO **4.** Financial Review of the Year **5.** **6.** Support & Wellbeing Activity Delivered Connections **7.** Fundraising, Volunteering and Community Support ## **8- 9.** Fundraising Grants & Fieldfisher Charity Event **10.** Grants & Trusts **11 - 12.** Governance & management **13 - 15.** The Future of Headway Sussex ## **16.** Corporate Social Responsibility **17 - 18.** Client Feedback & Recap **19 - 34.** ## Financial Accounts _**The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31st March 2025.**_ _**REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name: Headway Sussex Ltd Charity registration number: 1084715 Company registration number: 04027768 Principal office and registered: Headway House , Jackies Lane, Newick, East Sussex BN8 4QX**_ _**Independent examiner: Kim Ayling FCA PRB Accountants LLP, Kingfisher House Hurstwood Grange Hurstwood Lane Haywards Heath West Sussex RH17 7QX**_ ## **VISION AND MISSION** ## **VISION** **Headway Sussex envisions a world where individuals living with brain injuries have access to the support and resources they need to lead fulfilling lives. We aim to create inclusive, empowered communities where everyone can thrive, regardless of the challenges they face.** ## **MISSION** **Our mission is to provide compassionate, tailored care and rehabilitation services to individuals living with brain injuries. We support their recovery, independence, and overall wellbeing through personalised programmes, community partnerships, and advocacy, ensuring they have the tools and confidence to rebuild their lives.** 1. ## **TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)** ## **Year Ended 31st March 2025** The financial statements have been prepared in compliance with the Charity’s Memorandum and Articles of Association, FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **Chairman’s Report** This has been a year of steady progress at Headway Sussex and we continue to plan and organise the charity for the future taking account of the challenges in front of us with lower income from local authorities, higher employment costs and a rising demand and need for our services. This year, we have extended our reach with a new support group in Crawley and have helped many new people over the course of the year. Our major challenge remains the funding levels provided by local authorities and some re assessments have resulted in clients being unable to continue to access our services which they desperately need. Fundraising efforts are at an all time high and we are grateful to every individual and every organisation who supported us during the year. The need for our charity remains very high and enquiries continue to reflect changes in social care and the growing awareness of the valuable help and assistance we can provide. Our support groups, hubs, outreach services, hospital liaison and counselling services all provided essential help for clients. We are always thankful for the grants and financial support we have received from all quarters, especially from East Sussex County Council, Brighton & Hove City Council, Headway UK and The Charity Bank. Whilst we finished the year with a loss of £100,708, we remain in a strong financial position due to the ownership of our property and careful financial management. Our increasing efforts and focus on fundraising and community support remain vital to strengthen and grow our charity so that we can provide services for many years ahead. **My thanks go to all our Volunteers, Staff, Donors and Trustees who have contributed their time and efforts to the charity this year.** 2. ## **REVIEW FROM THE CEO** **The strength and guidance of our experienced Headway Sussex Board of Trustees continued to be invaluable in guiding the charity and in negotiating a loan from Headway UK. We had several staff changes during the year, including the retirement of our facilities manager. We welcomed two new wellbeing support workers and a digital marketing and fundraising lead.** **We continued our link with Brighton University and again accepted a placement of two occupational therapy students who proved very popular with clients.** ## **IAN FOSTER** CEO **Another year of recovery, optimism and building services.** **2024- 2025 was another period of consolidation and determination to get our services back to the level they were preCOVID.** **We welcomed new clients and at the same time existing clients were financially reassessed by the local authority and decided to leave Headway Services. We continued to deliver our support groups both in person and online. We reacted to demand and set up a new support group in Crawley.** **During the year, we were successful in securing funding from trusts, grants and community fund raising, which enabled us to benefit from providing new activities (art, gardening and pottery).** **Our response and callback service continued to prove invaluable to the clients that call the helpline. This is a crucial service that we are seeking to secure partnership funding for in 2025-2026.** **The counselling partnership continued to be popular and proved invaluable to 20 clients and carers who accessed the service. The sessions were delivered by a dedicated team of specialist counsellors, both in person and online.** 3. ## **ANNUAL REPORT** ## **Financial Review of the Year** The main aim across the year was to sustain the viability of the charity and to proactively manage the financial and other consequences that were still evident due to the impact of the pandemic. In December 2024, the trustees took action to secure a loan from Headway UK of £150,000 to ensure continuation of our charitable activities and availability of adequate cash flow. This was in addition to the HSBC Bounce Back loan and the Charity Bank loan facility. These loans are still in place and being repaid monthly. The grant from the National Lottery Reaching Communities Fund ran out at the end of September 2023. Notwithstanding the lack of funding, we have continued to deliver the programme to the communities in Sussex. Headway Sussex’s plan to reach and support people living with brain injury across town communities in Sussex remains integral to any changes and decisions made within the organisation. Our key objective continues to be to deliver reablement and the wellbeing support services that people need closer to their home. We have continued to provide activities for our clients at 3 centres. All day Wednesday and Friday we provide services at Newick. Monday morning, we utilise the community room at the large Tesco store in Eastbourne. On Tuesday we provide services from Wayfield Avenue, in Brighton. As the number of referrals continues to increase, we are exploring the possibility of increasing the number of days we operate out of these three hubs. As reported in the 2023-2024 Annual Report, we have terminated our contract with OLM for the provision of the Eclipse database. This has saved the charity £10,000 a year. We are now using Microsoft 365 SharePoint to store our data securely. As an organisation we have been involved in piloting an assessment tool called My Brain Star. This allows us to chart the progress of our clients and identify areas that need further development. In addition, this will provide valuable monitoring data for client reviews and grant applications. Throughout the year, we continued to run our Living Well Support group service. This operated in five locations, including Brighton and Hove, Eastbourne, Crawley, Bognor Regis and Worthing. These face-to-face meetings give the opportunity for everyone living with an Acquire Brain Injury (ABI), their families and carers to meet others in similar situations. It crucially gives them a chance to exchange information and get advice from the facilitators and speakers in an understanding and supportive setting. New friendships are often formed, providing an ongoing source of help and support. Mutual support and expertise through lived experience is central to the running of the groups. 4. ## Reaching **SUPPORT & WELLBEING ACTIVITY DELIVERED** 5. ## **CONNECTIONS** Headway connects with VCSE, NHS, adult social care and community partner organisations to raise awareness and to leverage additional free and low-cost specialist information and resources across these sectors to benefit clients, carers and staff. Examples have been - ## **Public Sector** Sussex Partnership NHS Foundation Trust Critical Care Nursing - training in ABI - Brighton & Hove City Council and Partner Agencies - training and development courses. Brighton and Sussex medical School - expert speakers. - Support Groups & Hospital Liaison Service Lead - trustee at UK Brain Injury Forum University of Brighton - Occupational Therapy student placements - East Sussex and B&H HLS Worker - Trustee at Brain Injury Social Work Group - Hospital Liaison Service staff - liaison with rehabilitation practitioners (ward-level, other specialists) Liaison with Adult Social Care across all three Local Authorities. ## **Voluntary and Community Sector** - Membership and information - through VCSE organisations Brighton and Hove, East and West Sussex Headway UK regional meetings - including regular briefings. - Carer Services organisations - liaison and referrals - Collaboration with NHS and charity partners through the Sussex Integrated Stroke Delivery Network. ## **Business** - Developing partnerships with Cardinal, Field Fisher and George Ide and other businesses to fund specific posts. **We appointed two Hospital Liaison facilitators to work in the Hospitals in West & East Sussex.** - Independent practitioners and Counsellors - Headway Counselling Partnership set up and actively counselled 37 clients amounting to 308 hours. 6. ## **FUNDRAISING, VOLUNTEERING AND COMMUNITY SUPPORT** It has been another year of incredible community support through fundraising, volunteering and donations. We would not be able to operate without the generosity of our wonderful network of supporters. On behalf of our clients and carers, the Trustees and the Headway Sussex team are sincerely grateful and thank everyone who has contributed. ## **We are proud to share that community fundraising efforts this year have raised** **£41,920.45** . From sponsored challenges and local business donations to creative initiatives by individuals, our community has continued to champion Headway Sussex with passion and dedication. It became clear that identifying and managing community fundraisers can be timeconsuming, so the Fundraising & Marketing Committee made the decision to focus our support on individuals and groups who approach us with their own fundraising plans, rather than purchasing charity places in large-scale events. This approach has allowed us to make the most of community enthusiasm while using resources more efficiently. Volunteers also help to maintain the grounds at Newick, delivering produce to the office from the Walled Garden. The National Trust at Sheffield Park sent a fantastic team of volunteers to hold regular “Garden working parties” to keep on top of our wonderful land. This partnership continues to flourish, with our clients contributing ideas and advice to the development of their sensory garden. We are still seeking to recruit new Trustees from a broad range of backgrounds to bring greater diversity and expertise to the Board, ensuring strong governance and strategic direction for the future. Headway Sussex remains committed to working with a combined team of staff and volunteers as valued members of the organisation. We continue to operate as a charity strengthened through equal partnership with our expert volunteers. We would also like to extend our sincere thanks to **George Ide** , **Fieldfisher** , and **Cardinal** for their generous charity sponsorships and ongoing support throughout the year. 7. ## **FUNDRAISING** We are deeply grateful to the individuals, groups, and organisations who fundraised and donated to support people living with brain injury across Sussex. Between April 2024 and March 2025, community fundraising raised just shy of **£42,000!** ## **With Special thanks to the following Community Fundraisers:** - Uckfield Lions Club - Judy Tilbury - Peter Howes - Foresters Friendly Society - NBS Street Collection - Beverley Brady - Molly Browne (Burgess Hill Girls School) - Phillip Straker - Scaynes Hill Community Choir - Hardy Marchant’s Plants - Cass Art Brighton - Alex McCaffrey - Catherine Train - Linda Knight - Seaford Choral Service - Harley Crookes - East Hoathly & Halland Carnival Society - Circle Case Management - Janice & Justine - Paul Withers - Joanna Burdett - Cowan Architects - Fieldfisher 8. ## **FIELDFISHER CHARITY EVENT** ## **Fieldfisher ‘Illuminating Futures’ Fundraising Event** In September 2024, we were honoured to partner with Fieldfisher and Headway Milton Keynes for the inspiring Illuminating Futures fundraising evening in London. The event brought together colleagues, supporters, and members of the Headway community to celebrate creativity, recovery, and the strength of those living with brain injury. A highlight of the evening was the art exhibition, featuring ten remarkable pieces created by clients from both Headway Sussex and Headway Milton Keynes. Each artwork told a personal story of resilience, reflection, and rediscovery — and our clients were incredibly proud to have their pieces displayed in such a professional and meaningful setting. Our amazing volunteer, Jill, beautifully captured the stories behind each Sussex artist’s work, helping attendees connect with the powerful journeys that inspired them. Our amazing colleagues Sam Shephard and Kate Mellor also took to the stage to share powerful personal stories of life after brain injury. Their heartfelt presentations offered guests a moving insight into the challenges and triumphs faced by those we support, and the difference Headway Sussex makes every day. The evening raised a fantastic £6,248, shared equally between the two charities. These funds have helped continue our vital services, to support people navigating life after brain injury. We’re deeply grateful to Fieldfisher, who have now supported our Helpline for two consecutive years as their chosen charity partner. Their generosity, enthusiasm, and belief in our work have made a tangible difference to the lives of those we support. Thank you to everyone who contributed to the success of Illuminating Futures. It was truly an evening that shone a light on what’s possible after brain injury. 9. ## **GRANTS & TRUSTS** Headway Sussex would like to thank the following funders and organisations for their generous support throughout the year. Their contributions have helped sustain our core services, fund equipment and materials, and expand our community-based Navigator programme: - Benefact Group – £200 (Core funding) - Screwfix Community Fund – £6,200 (Capital grant for building materials) - Boshier–Hinton Foundation – £1,115 (Capital grant for patio furniture) - Sport England – £540 (Capital funding for curling equipment) - Yorkshire Building Society – £500 (Service grant supporting carers’ teas and events) - The Souter Charitable Trust – £2,000 (Funding two volunteers for the ABI Navigator programme within the Hospital Liaison Service) - Co-op Community Fund – £2,536.30 (Core funding for the Newick Centre) - National Lottery Awards for All – £19,702 (Project funding for the Navigator programme) - Blakemore Foundation (Spar Shops) – £120 (Capital grant for LEGO and gardening equipment) - Shanly Foundation – £5,075 (Contribution towards costs of three Navigators in Crawley) - Ford Britain Trust - £250 (IT equipment for Hospital Liaison) ## **Total Funding Received: £38,237.30** 10. ## **GOVERNANCE & MANAGEMENT** The organisation is a charitable company limited by guarantee. The company was established under a Memorandum of Association with sets out the objects and powers of the charitable company and is governed under its Articles of Association. The objects of the charity are the rehabilitation and care of people who suffer brain injuries and who reside in East and West Sussex and adjoining counties and the provision of such services and facilities as are required from time to time by such persons. ## **The Patron of the Charity is Baroness Julia Cumberledge.** We continued to actively seek Trustees through a digital campaign across our social media channels and web site. We were successful in appointing three new Trustees which allowed us to address the gender imbalance and diversity of the board. ## **Board Governance** Board Governance Committees are Finance, Fundraising and Marketing, Standards and Compliance and Site Development. All Committees met regularly across the year. ## **Audits and Inspections** There were no audits or inspections during this period. ## **Related Parties** Headway Sussex is proud to be affiliated with Headway – the brain injury association (Headway UK), sharing their vision to improve life after brain injury. While we are part of the national network of Headway groups, we are an independent local charity and receive no direct funding from Headway UK. All of our services and community projects are funded through local fundraising, donations, grants, and the dedication of our supporters across Sussex. 11. ## **GOVERNANCE & MANAGEMENT** ## **Trustees** The Trustees, who are also Directors for the purpose of company law and, who served during the year were: |**Trustee**|**Profession**|**Board Role**| |---|---|---| |Henrik Bjorn|Retired Banker|Finance Committee| |Michael Gaughan|Non-Executive Director|Chair of Trustees & Finance
Committee| |Mark O’Hara|Chartered Accountant|Chair of Finance Committee| |Lucy Moorewood|Marketing Manager|Fundraising & Marketing Committee| |Michele Fleming|Retired Occupational Therapist
Former CEO|Fundraising & Marketing Committee| |Jonathan Clement|Senior Partner in law firm specialising
in personal injury|Standards & Compliance Committee| |Claire Glasgow|Senior Associate in the Personal Injury
team of a law firm|Counselling Feedback Coordinator,
Standards and Compliance
Committee| |Ian Kerr|Complimentary Practitioner|Fundraising & Marketing Committee| |Susan Bradley|Retired Teacher & Creative Director|Fundraising & Marketing Committee| |Antonia Yendell|Civil Servant/ Carer|Finance Committee| 12. ## **FUTURE OF HEADWAY SUSSEX** ## **In 2020-2021 financial year the Board agreed a new draft Strategy. This was updated in 2025. The following summarises key points from the Strategy: -** ## **Vision** Headway’s vision is to remain a trusted specialist provider organisation so that people living with brain injury right across Sussex are supported to rebuild lives and to live well. ## **Values** - the best interest of each client and family Carer is the focus of all decisions - always providing caring, safe support to promote wellbeing, independence and quality of life - fully engaging clients and carers in shaping their own support and our wider services - a warm, welcoming, listening charity: efficient, affordable and reliable. - embracing difference and diversity in all we do - welcoming expert volunteers as valued members of a combined workforce 13. ## **FUTURE OF HEADWAY SUSSEX...** ## **Partners and Supporters** The views of people who use our services, staff, partners, supporters and stakeholders will help shape delivery and we will strengthen engagement, gathering feedback and opinion in a range of different ways. Headway Sussex will work proactively alongside the community, social care and the NHS partners. However, the right funding must be in place to reflect the complex and often hidden needs of the people we support. We will foster a clear understanding and stronger working partnership approach to sustain Headway’s specialist support role for the Sussex community. Headway Sussex has relied on fundraising income in the region of £100,000 per year and is indebted to the generosity of donors and supporters. We will continue to value the significant added contribution which comes from the expertise and time given by volunteers and Trustees and in fundraising. There is strong client voice in favour of far greater NHS liaison, and we need to extend our staffing in this critical area. We will therefore lobby hard to secure health and social care funding investment at the earliest point. ## **Reserves and Investment Policy** The Charity still benefits from the £50k Bounce Back Loan, the £150K Charity Bank Loan, and £150k Headway UK 5 year Loan. These loans ensure that we have adequate cash flow. No financial investments were made during this accounting period. The main asset of the Charity remains the freehold property Headway House, Jackies Lane, Newick. During 2024/2025, the Board continued to develop a plan for the future of the Newick site to underpin Headway’s financial security. 14. FUTURE OF HEADWAY SUSSEX... Headway Sussex Trustees. responsibilities statement The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently.. observe the methods and principles in the applicable Charities SORP; make judgments and accounting estimates that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trust&s are responsible for keeping adequate acc(xJnkn"ro records that are sufficient to show and explain the chaiitr/s transactions and disclo* with reasonable accurw at any time the financial FJ)sition ofthe chaiTty and enable them to ensure that the finarcial ststements compW with the Companies Act 2(X)6. They are also reSp(￿sible for safeguarding the assets of the chartty hence for tsking reas(￿able steps for the prevention and detection of fraud and other irregulaiitie& The trUSt￿s, annual report arKJ the strategic report were approved on18n2r2025 and soned on tehalf of tke toard oftrust*s by. Michael Gaughan (ChairOfTrust￿s) ra i_ The trustees. annual report and the strategc report were apFxoved on 19 trustees by. and ￿gned on behalf of the board of Mich￿1 Gaughan Chair of Trustees 15. ## Sussex Reaching jour fill potential after brain injury **CORPORATE** Pe]% fin} **SOCIAL RESPONSIBILITY** **----- Start of picture text -----**
Butterfly feeders
(created and painted by our clients)
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Bat & Bird boxes
(created in Woodwork by our clients)
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## **Corporate Social Responsibility at Headway Sussex** At Headway Sussex, we recognise that corporate social responsibility (CSR) is not only about protecting the environment but also about strengthening the communities we serve. Our commitment to sustainability, inclusion, and wellbeing underpins everything we do — from our daily operations to the opportunities we create for people living with brain injury. Throughout 2024–2025, we have continued to embed eco-conscious practices across our services and centres, including: - Minimising waste through ongoing recycling and reuse initiatives. - Reducing our carbon footprint by encouraging hybrid working and remote participation in our programmes — such as the Young Persons’ Online Support Group, which helps reduce travel emissions while improving accessibility. - Promoting energy efficiency through responsible energy use and investment in low-consumption appliances across our Newick Hub. We also continue to champion inclusivity and social impact through our community partnerships and fundraising collaborations. By working alongside local organisations, businesses, and volunteers, we ensure our CSR efforts deliver tangible benefits — not only for the environment but also for the people who rely on our support. Our approach to CSR reflects our broader mission: to create inclusive, sustainable communities where people affected by brain injury can rebuild their independence, contribute positively to society, and thrive. 16. ## **CLIENT FEEDBACK** **“I wouldn’t be where I am today without Headway Sussex”. -AnonymousHeadway Sussex is an underrepresented vital source which I did not find through the NHS or Doctors. -S“HSX is so precious to us. The staff are so friendly and give myself and my wife some much needed respite. We are both retired and have health issues to manage.” -J-** **“Thank you again so much. Thank you is such a muchused word and can never convey the meaning behind it. You have really helped me gain new insights safely, and supported me so well over these last few months. Bless you…” -Anonymous-** 17. Heddwdy s￿sSeX Recdp 2024-2025 Fundraising *" .Our Art Therapy Sessions Garden Work Parties: National Trust Sheffield Park Parnership 'Hea4way s￿$SeX really Of ene tAe door for me an4 cAanse4 my 'ItS wonderful to knowyom re still lea4in3 SKCA a fMn4qmentat an4 incre4i6le Sxrrort network. It cAan3e4 tAings for me 4n4 it will contirtKe to 40 so for everyone tAat comes toyo￿. "If itwasn t for Headway f ro6a6ly Our new Defibrillator which was purchased by our client's husbandl Headway Sussex WO Aere now. {4nt6e Music Therapy 18. Headway Sussex Ltd Company Limited by Guarantee Independent Examiner's Report to the Trustees of Headway Sussex Ltd Year ended 31st March 2025 I report to the trustees on my examination of the financial statements of Headway Sussex Ltd ('the charity,) for the year ended 31st March 2025. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myseff 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 the 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 Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or the financial statements do not accord with those records; or the financial statements 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 fairf view which is not a matter considered as part of an independent examination; or the financial statements 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). 19. Headway Sussex Ltd Company Urnlted by Guarantee Independent Examlnerfs Report to the Trustees of Headway Sussex Ltd leonthué4J Year ended 31st March 2025 I havo no concems and havo coma acmss no other matters In connection wltrt Ihe examinatlon to whith attentk>n should be drawn kn th18 reptyt in ord6r to enable a proper understandlng gf th8 ac¢ourt8 to be reach6d. K Ayllng Ind8pond0nt Examlnor Klngflsher House Hurslwood Grange Hurstwood Lane Haywards Heaih West Sussex RH17 7QX 20. Headway Sussex Ltd Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31st March 2025 2025 Restricted Endowment funds funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Investment income 46,507 275,248 1,433 45,084 91,591 275,248 1,433 74,460 368,523 1,338 Total income 323,188 45,084 368,272 444,321 Expenditure Expenditure on raising funds: Costs of raising donations and legacies Expenditure on charitable activities 17,398 17,398 16,552 10 290,588 151,629 9,366 451,583 477,672 Total expenditure 307,986 151,629 9,366 468,981 494,224 Net expenditure 15,202 (106,545) (9,366) (100,709) (49,903) Transfers between funds (128,927) 128,927 Net movement in funds (113,725) 22,382 (9,366) (100,709) (49,903) Reconciliation of funds Total funds brought forward Total funds carried forward (91,136) (204,861) 2,646 515,708 427,218 477,122 25,028 506,342 326,509 427,218 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 21. Headway Sussex Ltd Company Limited by Guarantee Statement of Financial Position 31st March 2025 2025 2024 Note Fixed assets Tangible fixed assets 15 514,033 526,234 Current assets Debtors Cash at bank and in hand 16 44,965 174,786 61,395 102,649 219.751 164,044 Creditors: amounts falling due within one year Net current assets 17 118,577 105.818 101.174 58,226 Total assets less current liabilities 615,207 584,460 Creditors: amounts falling due after more than one year Net assets 18 288,698 157,242 326,509 427,218 Funds of the charity Endowment funds Restricted funds Unrestricted funds 506,342 25,028 (204,861) 326,509 515,708 2,646 (91,136) 427,218 Total charity funds 19 For the year ending 31st March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. 22. Headway Sussex Ltd Company Limited by Guarantee Statement of Financial Position (conthiu•dJ 31st March 2025 Th ancial statements were approved by the board of tNstses and authorised for issue on .%% . and are signed on behalf ofthe board by: M Gaughan Trustee 23. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements Year ended 31st March 2025 General information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Headway House Reedens, Jackies Lane, Newick, East Sussex, BN8 4QX. Statement of compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The Trustees consider there are no material uncertainties about the charity's ability to continue as a going concern. Although the charity had net expenditure in the year of £100,708 the balance sheet is solvent. The Trustees Report details the measures the charity has undertaken to improve the financial performance. On the basis of the cash flow performance since the year-end to date, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for at least 12 months from the date of signing these financial statements. The Charity's main asset, being the land and propety described in note 15, gives the charity options to raise finance. The trustees are continuing to develop a plan for the future of the Newick site to underpin financial security. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 24. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 Accounting policies (continued) Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. 25. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 Accounting policies (continued) Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charty in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Freehold property on endowed property, 10 % reducing balance on other property 20 % reducing balance 25 % reducing balance Fixtures and fittings Motor vehicles Impaimient of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 26. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 Accounting policies (continued) Impairnient of fixed assets (continued) For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impaimient not previously been recognised. 27. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 Limited by guarantee Headway Sussex Ltd is a private company limited by guarantee. Donations and legacies U nrestricted Funds Restricted Total Funds Funds 2025 Donations Donations 46,507 10,121 56,628 Grants Grants receivable 34,963 34,963 46,507 45,084 91,591 U nrestricted Funds Restricted Total Funds Funds 2024 Donations Donations 41.549 5,860 47,409 Grants Grants receivable 3,000 24,051 27,051 44,549 29,911 74,460 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Services provided under contract 275,248 275,248 368,523 368,523 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Rental income Interest receivable 240 1,193 240 1,193 1,338 1,338 1,433 1,433 1,338 1,338 Costs of raising donations and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Costs of raising donations and legacies Donations 17,398 17,398 16,552 16,552 28. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 Costs of other trading activities 2025 2024 Staging fundraising events 17,398 16,552 10. Expenditure on charitable activities by activity type Activities undertaken directly: 2025 2024 Staff costs Premises Transport Printing, stationary and advertising Other expenses Depreciation Loss on disposal of asset Governance and finance costs Staff training and recruitment Staff and volunteers expenses Day care, food etc. Therapy and care 305,552 46,819 5,995 2,034 38,815 11,320 3,521 12,106 696 11,633 884 12,208 334,601 22,271 5,044 2,964 56,440 12,323 11,407 1,003 10,986 1,243 19,390 451,583 477,672 11. Net expenditure Net expenditure is stated after chargingl(crediting)= 2025 2024 Depreciation of tangible fixed assets Loss on disposal of assets 11,320 3,521 12,323 12. Independent examination fees 2025 2024 Fees payable to the independent examiner for: Independent examination of the financial statements 3,900 5,400 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salaries 322,890 350,700 The average head count of employees during the year was 18 (2024: 19). No employee received employee benefits of more than £60,000 during the year (2024: Nil). 29. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 14. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 15. Tangible fixed assets Freehold Fixtures and propety fittings Motor vehicles Total Cost At 1 st April 2024 Additions Disposals 613,793 224,960 2,640 34,220 872,973 2,640 (34,220) 841,393 (34,220) At 31st March 2025 613,793 227,600 Depreciation At 1 st April 2024 Charge for the year Disposals At 31st March 2025 98,087 9,366 217,953 1,954 30,699 346,739 11,320 (30,699) 327,360 (30,699) 107,453 219,907 Carrying amount At 31st March 2025 506,340 7,693 514,033 At 31st March 2024 515,706 7,007 3,521 526,234 The land and buildings at Jackies Lane, Newick, are used for the charitable activities of the company. Buildings of £444,672 are shown at cost less depreciation. Land and buildings of £61,668 are shown at the market value at the date of endowment less a downward revaluation. The trustees are of the opinion that the net carrying amount for land and buildings fairly represents its value in use for the current purpose of charitable activities. The Trustees may alter the use of the land and property in the future. Initial consultations in prior years have shown valuations for the land and property of £1.2-£1.8million with no planning permission. 16. Debtors 2025 2024 Trade debtors Prepayments and accrued income 14,543 30,422 25,218 36,177 44,965 61,395 30. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 17. Creditors: amounts falling due within one year 2025 2024 Bank loans and overdrafts Trade creditors Accruals and deferred income Social security and other taxes Other creditors 18,595 43,510 7,212 46,344 2,916 17,197 36,063 18,487 31,309 2,762 118,577 105,818 18. Creditors: amounts falling due after more than one year 2025 2024 Bank loans and overdrafts 288,698 157,242 Bank loans represent: 1. A £150,000 loan facility from Charity Bank, which was fully drawn during the year. The capital is repayable over thirteen years and commenced in October 2022. Interest is charged at 3.5 % above the base rate. £50,949 (2024: £70,193) of this loan is repayable after more than 5 years from 31 March 2025. The loan is secured as follows: a. By a fixed charge and negative pledge over the freehold property owned by the charity dated 16 December 2019, and b. By a fixed and floating charge and negative pledge over all other freehold property and current assets of the charity dated 16 December 2019. 2. A £50,000 covid support Bounce Bank loan. The capital is repayable over nine years and commenced in June 2021, with a holiday between October 2021 and March 2022. Interest is charged at 2.5 %. £1,067 (2024: £7,384) of this loan is repayable after more than 5 years from 31 March 2025. 3. A £150,000 loan from Headway ~ The Brain Injury Association. The capital is repayable on sale of Property/land or 5 years from date of agreement March 2025 or on demand. Interest is charged at the higher of 1 % below the base rate or 2 %. 31. Headway Sussex Ltd Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31st March 2025 19. Analysis of charitable funds Unrestricted funds At 31st March 2025 At 1 st April 2024 Income Expenditure Transfers General funds (91,136) 323,188 (307,986) (128,927) (204,861) At 31 st March 2024 At 1 st April 2023 Income Expenditure Transfers General funds (72,713) 414,410 (442,198) 9,365 (91,136) Restricted funds At 31st March 2025 At 1 st April 2024 Income Expenditure Transfers Restricted Fund 2,646 45,084 (151,629) 128,927 25,028 At 31 st March 2024 At 1 st April 2023 Income Expenditure Transfers Restricted Fund 15,397 29,911 (42,662) 2,646 Endowment funds At 31st March 2025 At 1 st April 2024 Income Expenditure Transfers Freehold Propety 515,708 (9,366) (9,366) 506,342 515,708 506,342 At 31 st March 2024 At 1 st April 2023 Income Expenditure Transfers Freehold Property 534,438 (9,365) (9,365) (9,365) (9,365) 515,708 534,438 515,708 32. Headway Sussex Ltd Company Limited by Guarantee Management Information Year ended 31st March 2025 The following pages do not form part of the financial statements. 33. Headway Sussex Ltd Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31st March 2025 2025 2024 Income and endowments Donations and legacies Donations Grants receivable 56,627 34,963 47,409 27,051 91,590 74,460 Charitable activities Services provided under contract 275,248 368,523 Investment income Rental income Interest receivable 240 1,193 1,338 1,433 1,338 Total income 368,271 444,321 Expenditure Costs of raising donations and legacies Wages and salaries Staging fundraising events 17,338 60 16,099 453 17,398 16,552 Expenditure on charitable activities Wages and salaries Rent Other motorltravel costs Telephone Other office costs Depreciation Governance and finance costs Loss on disposal of asset Staff training & recruitment Staff & volunteers expenses Day care food etc. Therapy & care 305,552 46,819 5,995 2,034 38,815 11,320 12,106 3,521 696 11,633 884 12,208 334,601 22,271 5,044 2,964 56,440 12,323 11,407 1,003 10,986 1,243 19,390 451,583 477,672 Total expenditure 468,979 494,224 Net expenditure (100,709) (49,903) 34.