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← Headway Portsmouth And South-East Hampshire

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 04184335 (England and Wales) REGISTERED CHARITY NUMBER: 1086140

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 20

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

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. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Purposes and Aims

The main objectives of the charity are:-

In furtherance of these objectives, during the financial year 2024/25 Headway continued to offer support through sessions provided at the Mountbatten Centre and in the community. Outreach services, family members' meetings and structured activities were offered. All figures below are for service users from all geographic areas covered by Headway Portsmouth and South East Hampshire.

Public benefit

How our activities deliver public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and activities and in planning future activities.

All of our charitable activities deliver public benefit because they are focused upon supporting those who have suffered brain injury, their families and carers, increasing public awareness of brain injury, improving treatment and rehabilitation / re enablement of those who have suffered brain injury and providing information to the public to promote the steps which can be taken to reduce or eliminate the prospects of others sustaining brain injury.

Page 1

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE

Session support

We currently have 130 Service Users (SU) attending one or more of our outreach sessions in either Portsmouth, Gosport, or Petersfield, with an average of 19 carers attending one of the weekly sessions. By March 2025 our monthly throughput was 467 service users attending our sessions throughout the month, which was up the same as last year. New service users continued to be invited along to join the sessions and the average service user monthly attendance for Headway Portsmouth and South East Hampshire's Social Inclusion Community Outreach programmes was up by 4 from last year to 130.

Service User Feedback

It has never been easy for me to open up about the depression and anxiety, how the pain effects those and my day to day life and how this all effects those around me, but I am getting better at it and have a better understanding of it, thanks to you, Headway I wanted you to know that I really appreciate all the help, support and advice you have given me and how much our catch-ups mean to me and how much they have helped.

It cannot be easy to adjust the assistance that you provide to every person or family that comes your way and I felt that you had exactly the right approach.

It's all down to you recognising my desperation (by emailing on Xmas Day) and knowing what questions to ask of who!

Awards

Headway Portsmouth and South East Hampshire had the privilege of being nominated to receive a Civic Award, which is a local honour to recognise outstanding service or achievement and were invited to attend the Annual Mayor Making event at the Guildhall to receive the award.

The following citation was read out at the event:

"In recognition of the vital support given to the people of Portsmouth suffering brain injury, the dedication and tireless work of a small team helping people through participation and engagement to improve their quality of life, wellbeing, outcomes and have a positive impact on people's lives."

1 to 1 Support

Headway provides 1 to 1 support for many different needs during the year: -

Hospital project

Despite the hospital remaining under immense pressure the Senior Support Worker managed to continue to maintain the link between the hospital workers and patients, which has led to a continued stream of referrals. We are part way through the 3 years of National Lottery funding that was awarded in June 2023 for a part-time employee to oversee the Outreach Programme. There were 228 referrals from the hospital and other health professionals during this period, a 37% increase from last year, which demonstrates the need for the second staff member to help in this area along with 60 enquiries/advice. We are currently still supporting 92 of them until they are ready to join one of our outreach sessions or do not require any further support from Headway.

Part of the service we provide is offering advice and information for people who have sustained a brain injury and assist in the following areas:

Page 2

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

- A listening ear and coffee

Over the year we supported a monthly average of 12 individuals affected by brain injury whilst as an inpatient at the QA Hospital and then on discharge we continued their journey until they were ready to move into the community and attend one of our outreach sessions.

We provided an initial meet and greet service to 87 individuals, assisted 131 people with their benefits such as PIP, AA, UC and ESA and supported another 23 with their Blue Badge, Brain Injury Card, Bus Pass etc.

Training Courses

We continue to offer training and the Cognitive Reablement Programme included practical support sessions and activities that support personal safety, improved communication, improved behavioural and relationship skills and improved executive function, skills that have been lost because of brain injury. With this programme we were able to provide much needed support by assisting new Service Users in improving their skills, health, and wellbeing, building confidence and self-esteem, in a relaxed, supported, and safe secure, online format, hosted and facilitated by a skilled tutor with extensive knowledge of brain injury.

Brain Injury Awareness - 4 Brain Injury Awareness (BIA) courses for service users' families, friends and carers were run, one in April with 11 attendees, one in June with 10 attendees, one in October with 9 attendees, and one in January 2025 with 12 attendees. We continue to offer free places on this course to QA Hospital staff and ove r this period 17 staff members from the QA Hospital attended one of these courses.

Cognitive Reablement course - We ran one course with 6 attendees.

Feedback on Training Courses

Very interesting interactive - trainer very knowledgeable Very nice training helpful and loads of knowledge for those of us who work in hospital More information about location otherwise everything fantastic

Excellent training the activities were good and helped to explain things

The Family members / Carers Support Programme

Family members appreciate having the opportunity to talk with others who have been through similar traumatic experiences. To share stories and discuss the challenges of caring for someone is of immense value. There is a range of experience within the group who can help with new contacts and are available to meet on an individual basis either by phone or 1-2-1 for a coffee and chat, with an invitation to join the groups if and when ready.

Volunteer Support

Volunteers returned to sessions during the year to provide invaluable support and links continue with Portsmouth University to encourage students to volunteer with the Charity

Charity Shops

The shops once again contributed extremely well to income.

Page 3

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Funding

The results for this year show a surplus of £3,556 (2024: £16,819).

The on-going expenses mean that there are no funds available for long term investment and in the current financial climate the trustees do not consider that investment in funds other than those which are completely secure can be justified. Consequently, the funds available remain within the charity's bank accounts.

The trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure. Budgeted expenditure for the charity for 2025/26 is £206,000 excluding shop expenditure.

The target reserves are therefore at least £51,500 in general funds with an upper target of £103,000. The reserves are needed to meet the ongoing cost of running the charity, including the shops. The present level of free reserves is £90,023, and therefore there are sufficient funds to meet the reserves policy.

Budget projections have been prepared for the forthcoming year, which demonstrate that the free reserves position of the charity should not deteriorate significantly in the coming year. As long as the income targets are met and expenditure is rigorously controlled then the cash and reserves position should continue to improve.

The strategy is to continue to build income through fundraising activity, statutory funding and grant funding, whilst controlling expenditure.

PLANS FOR FUTURE PERIODS

The charity plans to continue activities in the forthcoming years subject to satisfactory funding arrangements. In addition, working in partnership with other organisations is a key aspect of our work.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity was incorporated under the Companies Act 1985 on 21 March 2001, as a company limited by guarantee (company number 4184335) and is governed by its Memorandum and Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purpose of charity law. Under the requirements of the Memorandum and Articles of Association the directors are elected to serve for an indefinite period and at each annual general meeting one third of the trustees are subject to retirement by rotation or, if their number is not 3 or a multiple of 3, the number nearest to one third shall retire from office. Trustees retiring from office by rotation are eligible for re-election. New trustees are recommended by the trustees for appointment at the annual general meeting or nominated by a member. However, the charity may by ordinary resolution appoint a person willing to act to be a trustee either to fill a vacancy or as an additional trustee. The trustee appointed will hold office until the following annual general meeting and then they will be formally appointed.

All directors give their time voluntarily and receive no benefits from the charity. Whilst directors are entitled to claim expenses from the charity none have elected to claim any such expenses. There is a broad mix of skills amongst the directors which serves the charity well.

Organisational structure

The trustees, numbering 4 at the end of the financial year 2024/25, meet monthly and are responsible for the strategic direction and policy of the charity. The CEO also attends each meeting. The operational day to day running, administration and organisation is undertaken by the CEO who is overseen by the trustees. The CEO also has responsibility for individual supervision of the staff team within the centre and shops and also ensuring that the team continues to develop their skills and working practices in line with good practice.

The trustees supervise the CEO.

Page 4

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

Most trustees are already familiar with the practical work of the charity due to their background in brain injury. New trustees are invited to attend the centre to familiarise themselves with the charity and the context within which it operates.

Related parties

Insofar as it is complementary to the charity's objectives, the charity is guided by both local and national policy. At a national level Headway UK sets out service standards which all local branches are expected to adhere to. In addition, Headway UK provides guidance and information. We have received Headway UK accreditation where our governance was described as 'exemplary'.

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed. Where appropriate systems or procedures have been established to mitigate the risks the charity faces. Significant external risks in relation to funding have led to the development of the business plan and the strategic plan for fundraising. Procedures are in place to ensure compliance with health and safety of staff, volunteers, service users and visitors to the centre and outreach drop-in sessions. All staff, volunteers and trustees undergo a Disclosure and Barring Service (DBS) check.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04184335 (England and Wales)

Registered Charity number

1086140

Registered office

Grandstand Suite Mountbatten Centre Twyford Avenue Portsmouth Hampshire PO2 9QA

Trustees

S J Bowler W Dunger J Steventon-Kiy - resigned 16 February 2025 R V Johnson Jennifer Dallas

The charity continues to be managed by Joanne Dallas, the CEO, who also has responsibility for funding/fundraising.

Independent Examiner

Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP

Page 5

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

Unity Trust Bank PLC, Four Brindleyplace, Birmingham, B1 2HB

Approved by order of the board of trustees on 19 November 2025 and signed on its behalf by:

Ms S J Bowler - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

Independent examiner's report to the trustees of Headway Portsmouth & South-East Hampshire ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

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

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

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:

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

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

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

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

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

Gavin Whitter The Institute of Chartered Accountants in England and Wales

Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP

10 December 2025

Page 7

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
19,130
Charitable activities
5
Assistance and activities for people with
head injuries
71,527
Other trading activities
3
158,243
Investment income
4
23
Total
248,923
EXPENDITURE ON
Raising funds
6
163,552
Charitable activities
7
Assistance and activities for people with
head injuries
83,700
Total
247,252
NET INCOME
1,671
RECONCILIATION OF FUNDS
Total funds brought forward
89,885
TOTAL FUNDS CARRIED FORWARD
91,556		 Restricted
funds
£
-
62,472
-
-
62,472
-
60,587
60,587
1,885
3,441
5,326		 31.3.25
Total
funds
£
19,130
133,999
158,243
23
311,395
163,552
144,287
307,839
3,556
93,326
96,882		 31.3.24
Total
funds
£
8,685
128,852
153,970
31
291,538
142,815
131,904
274,719
16,819
76,507
93,326

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 8

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

BALANCE SHEET 31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
14
CURRENT ASSETS
Debtors
15
Cash at bank
CREDITORS
Amounts falling due within one year
16
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
19
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.3.25
£
3,410
8,092
142,795
150,887
(57,415)
93,472
96,882
96,882
91,556
5,326
96,882		 31.3.24
£
4,734
9,781
128,399
138,180
(49,588)
88,592
93,326
93,326
89,885
3,441
93,326

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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

The financial statements were approved and authorised for issue by the Board of Trustees and authorised for issue on 19 November 2025 and were signed on its behalf by:

Ms S J Bowler - Trustee

The notes form part of these financial statements

Page 9

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

Voluntary income including donations, gifts and legacies and grants that provide core funding or are of a general nature are recognised where there is entitlement, the receipt is probable and the amount can be measured with sufficient reliability.

Income from activities to raise funds, such as recharge of wages, and investment income are recognised on a receivable basis.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions. Such income is only deferred when:

Volunteers and donated services

The value of services provided by volunteers is not incorporated into these financial statements.

Where goods or services are provided to the charity as a donation that would normally be purchased from suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

Expenditure

Expenditure is recognised when a liability is incurred. Contractual arrangements are recognised as goods or services are supplied.

Irrecoverable VAT

All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance Computer equipment - 25% on cost

Tangible fixed assets costing £250 or more are capitalised at cost.

Page 10

continued...

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

31.3.25 31.3.24 £ £ Donations 19,130 8,685

The Charity would like to express special thanks to all the Grantmakers, Charitable Trusts and Charitable Foundations for supporting our vital work this year:

Garfield Weston National Lottery Awards for All Portsmouth City Council HIWCF - MoneyBarn HIWCF - Portsmouth HIWCF - Hampshire Playing Fields EHDC Supporting Communities Fund Friends of Emsworth Petersfield Lion Club Petersfield Town Council Sport England Movement Fund Shroder Charity Trust

Page 11

continued...

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

3.
OTHER TRADING ACTIVITIES
Shop income
4.
INVESTMENT INCOME
Interest received
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Assistance and activities for people with
Grants
head injuries
Assistance and activities for people with
Session income
head injuries
Grants received, included in the above, are as follows:
Hampshire Adult Services
Portsmouth City Community Fund
People's Health Trust
Other grants (below £1,000)
Hampshire and Isle of Wight Community Foundation
The Hospital Saturday Fund
Petersfield Town Council
Friends of Emsworth Hospitals
East Hampshire District Council
Garfield Weston Foundation
National Lottery Community Fund grant
Energise Me
South Western Railway
Hive Portsmouth
Schroder Charity Trust
Sported Foundation		 31.3.25
£
158,243
31.3.25
£
23
31.3.25
£
98,477
35,522
133,999
31.3.25
£
533
8,000
-
1,100
10,678
3,000
614
1,440
4,423
3,750
58,939
-
-
1,000
3,000
2,000
98,477		 31.3.24
£
153,970		 31.3.24
£
153,970
31.3.24
£
31
31.3.24
£
90,199
38,653
128,852
31.3.24
£
1,567
8,000
3,748
4,181
15,299
-
136
576
1,092
-
39,794
6,939
8,867
-
-
-
90,199

Page 12

continued...

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

6. RAISING FUNDS

Raising donations and legacies

Raising donations and legacies
Staff costs
Fundraising costs
Other shop costs
Shop rent and service charges
7.
CHARITABLE ACTIVITIES COSTS
Assistance and activities for people
with head injuries
8.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Drop in and activity costs
Staff travel
9.
SUPPORT COSTS
Assistance and activities for people with
head injuries
Support costs, included in the above, are as follows:
Other
Wages
Rent and service charges
Insurance
Carried forward		 31.3.25
£
115,569
389
16,043
31,551
163,552
Direct
Support
Costs (see
costs (see
note 8)
note 9)
£
£
91,332
52,955
31.3.25
£
68,479
16,120
6,733
91,332
Governance
Other
costs
£
£
51,980
975
31.3.25
Assistance
and
activities
for
people
with head
injuries
£
8,326
7,824
4,395
20,545		 31.3.24
£
92,492
626
17,842
31,855
142,815
Totals
£
144,287
31.3.24
£
63,521
13,368
4,940
81,829
Totals
£
52,955
31.3.24
Total
activities
£
7,571
7,366
1,825
16,762

Page 13

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

9. SUPPORT COSTS - continued

Other - continued

31.3.25
Assistance
and
activities
for
people
with head
injuries
£
Brought forward
20,545
Telephone
516
Postage and stationery
798
Miscellaneous expenses
950
Training and books
1,755
Affiliation fees
185
Computer expenses
6,023
Bank charges
2,143
Bookkeeping and payroll processing
15,725
Depreciation of tangible fixed assets
1,324
Irrecoverable VAT
2,016
Loss on disposal of subsidiary
-
51,980
Governance costs
31.3.25
Assistance
and
activities
for
people
with head
injuries
£
Accountancy fees
975
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.25
£
Depreciation - owned assets
1,324
Other operating leases
7,824
Deficit on disposal of fixed assets
-
Independent examination - Gibson Whitter
975		 31.3.24
Total
activities
£
16,762
1,477
966
2,251
1,648
10
5,584
957
15,075
2,219
2,150
1
49,100
31.3.24
Total
activities
£
975
31.3.24
£
2,218
7,366
1
975

10. NET INCOME/(EXPENDITURE)

Page 14

continued...

HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

11. 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

During the year no trustee (31.3.24: none) was reimbursed for out of pocket expenses.

12. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 31.3.25
£
185,457
4,646
2,271
192,374		 31.3.24
£
156,512
5,116
1,956
163,584

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

Charitable
Raising funds
The full time equivalent number of employees was 7 (31.3.24: 7).		 31.3.25
7
5
12		 31.3.24
7
4
11

No employees received emoluments in excess of £60,000 (31.3.24: none).

13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
8,685
Charitable activities
Assistance and activities for people with
head injuries
76,598
Other trading activities
153,970
Investment income
31
Total
239,284
EXPENDITURE ON
Raising funds
142,815
Charitable activities
Assistance and activities for people with
head injuries
78,678
Total
221,493		 Restricted
funds
£
-
52,254
-
-
52,254
-
53,226
53,226		 Total
funds
£
8,685
128,852
153,970
31
291,538
142,815
131,904
274,719

Page 15

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
NET INCOME/(EXPENDITURE)
17,791
(972)
RECONCILIATION OF FUNDS
Total funds brought forward
72,094
4,413
TOTAL FUNDS CARRIED FORWARD
89,885
3,441
14.
TANGIBLE FIXED ASSETS
Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 April 2024 and 31 March 2025
22,834
20,775
DEPRECIATION
At 1 April 2024
20,380
18,495
Charge for year
491
833
At 31 March 2025
20,871
19,328
NET BOOK VALUE
At 31 March 2025
1,963
1,447
At 31 March 2024
2,454
2,280
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
£
Trade debtors
669
Other debtors
3,389
VAT
1,240
Prepayments
2,794
8,092		 Total
funds
£
16,819
76,507
93,326
Totals
£
43,609
38,875
1,324
40,199
3,410
4,734
31.3.24
£
2,279
2,916
1,048
3,538
9,781

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Deferred income
Accrued expenses		 31.3.25
£
3,389
2,391
486
47,840
3,309
57,415		 31.3.24
£
6,081
1,842
279
38,285
3,101
49,588

Deferred income carried forward at 31 March 2025 primarily relates to grant funding for future periods.

Deferred income carried forward at 31 March 2025 primarily relates to grant funding for future
periods.		 Deferred income carried forward at 31 March 2025 primarily relates to grant funding for future
periods.		 Deferred income carried forward at 31 March 2025 primarily relates to grant funding for future
periods.
31.3.25
31.3.24
£
£
Brought forward
38,285
24,360
Released to incoming resources in year
(38,285)
(24,360)
Income deferred in year 47,840 38,285
Carried forward 47,840 38,285

17. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25 31.3.24
£ £
Within one year 29,250 21.250
Between one and five years 13,750 41,250
43,000 62,500
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
funds
£
Fixed assets
1,533
Current assets
147,438
Current liabilities
(57,415)
91,556		 Restricted
funds
£
1,877
3,449
-
5,326		 31.3.25
Total
funds
£
3,410
150,887
(57,415)
96,882		 31.3.24
Total
funds
£
4,734
138,180
(49,588)
93,326

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
SEIF fund
The Hospital Saturday Fund
Big Lottery Fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
SEIF fund
The Hospital Saturday Fund
National Lottery Community Fund
Big Lottery Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
SEIF fund
Big Lottery Fund
TOTAL FUNDS		 At 1.4.24
£
89,885
1,161
-
2,280
3,441
93,326
Incoming
resources
£
248,923
-
3,000
59,472
-
62,472
311,395
At 1.4.23
£
72,094
1,293
3,120
4,413
76,507		 Net
movement
At
in funds
31.3.25
£
£
1,671
91,556
(108)
1,053
2,826
2,826
(833)
1,447
1,885
5,326
3,556
96,882
Resources
Movement
expended
in funds
£
£
(247,252)
1,671
(108)
(108)
(174)
2,826
(59,472)
-
(833)
(833)
(60,587)
1,885
(307,839)
3,556
Net
movement
At
in funds
31.3.24
£
£
17,791
89,885
(132)
1,161
(840)
2,280
(972)
3,441
16,819
93,326

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

19. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
SEIF fund
The Hospital Saturday Fund
National Lottery Community Fund
Energise Me
Big Lottery Fund
TOTAL FUNDS		 Incoming
resources
£
239,284
-
3,000
42,315
6,939
-
52,254
291,538		 Resources
Movement
expended
in funds
£
£
(221,493)
17,791
(132)
(132)
(3,000)
-
(42,315)
-
(6,939)
-
(840)
(840)
(53,226)
(972)
(274,719)
16,819

Social Enterprise Investment Fund (SEIF)

This funding has been awarded to allow the charitable company to adapt to the new financing and operating processes in social care. The fund has been used to obtain PQASSO accreditation, improved ability to assess impact and also to upgrade IT systems and the website. Some of this funding has been used to fund tangible fixed assets and therefore £1,161 of the balance on this fund represents the net book value of these assets at the balance sheet date. Depreciation on these assets in future years will be attributed to this fund.

The Saturday Hospital Fund

Grant funding received from The Saturday Hospital Fund for the Early Intervention Support programme.

Bridging the Gap Fund

Grant funding received from Portsmouth County Council.

National Lottery Community Awards For All Fund

Grant funding received from the National Lottery Community Fund for the Cognitive Reablement Programme.

Betty Messenger

Grand funding received from Betty Messenger to provide telephone and face to face support to users after the Covid-19 pandemic.

Big Lottery Fund

Grant funding received from Big Lottery Fund for the purchase of laptops. The laptops were acquired during the year. The balance of £2,280 on this fund represents the net book value of these assets at the balance sheet date. Depreciation on these assets in future years will be attributed to this fund.

Energise Me

Grant funding received from Energise Me for the Investing in Communities project.

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HEADWAY PORTSMOUTH & SOUTH-EAST HAMPSHIRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

20. RELATED PARTY DISCLOSURES

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

21. ULTIMATE CONTROLLING PARTY

The charitable company is under the control of its members. No one member has control of the charitable company.

22. SHARE CAPITAL AND LIABILITY OF MEMBERS

The charitable company is a company limited by guarantee and its members have undertaken to contribute to the assets of the company in the event of it being wound such amounts as may be required not exceeding £10.

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