REG15fERED COMPANY NUAIBEI. 04161891 ([￿lay￿1 and Wala) REGISTERED CHARITY NUMBER: IOB86a5 REPORT OF THE TRUSTEE5 AND UNAUDITED FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR HIADWAY(NOThINGHAM) UMITED Hewltt Card Llmlted afte￿1 Certlfled haountants 71>72 Nottingham Road Mansfleld Nottln8hamshlre NG18 IBN HEADWAY (NorriNGHAM) LIMITED CONTENTS OF THE FINANCIAL STATEMENTS for the yar ended 31 March 2024 Rwt of the Tru•t• I to 7 Indwndent Ex•mlner'i Wort Stat•rn￿ of Flnancw Adlvltl la1￿ce Sh 10 Notel to the FlnwKlal Stat•m•nts 11 10 18 DdaNed Statsm¢nt ot AnMclMI Actlvhlo• 19 HEADWAY (NOThINGHW LIMITED REPORT OF THE TRUSTE for the year ended 31 March 2024 The Irust*s wllo are also direLtors of the charlty for the purpose5 of the Companles Act 2006. preient th*lr ryrt wlth finanaal statements of the charlty for the year 31 March 2024. The trustees have adoty￿ the provisioN of Accountlng and Rep)rtln8 by Charfties: Statemerrt of Recornmended Pract1￿ applI￿)le to charltle5 preparfng thelr accounts In accordance with the Flnanclal Reportlng Standard applicable In the UK and Republlc of lTrland (FR5 102) leffethe 1 January 20191. OBIEcfivES AND ACTIVITIES (Ywltabl• objedi What dow Braln Injury M•MI Thern are no certalntles or 'one slze Ilts all, approatheg In the r￿Id of brnln Injury. Whllst some p¥ile do have p￿Ical dlsabl11tl￿ meanln8 th6y rellant on wheelchalrn or walkern one of our cllÉnts wlth wofound co8nltlve dlsablllty. By the nature of thls Inv151ble dlsablllty, on arrlvln8 at Headway Ncttln8ham pttjple oftén find that their relatlonshlps wlth famlly are stralned, frlendshlp groups have fallen away and they may have 105t the ablllty to plan aTr execute 5tRl8htfonvard task5 Ind4￿ndently. Lon8 and short term memory I￿6 li Inydrfably a dlfflcult area for mos¢ potentlally makln8 them vulnerable In terms of Safety In the home and communlty, and causlng profourd *or many wlth the feelln8 that they slmply (k)n't know who they are any longer. Thls can mean that wlthout Intenslve Sup￿rt, the Indfvldual and thelr famllles ean •xperlence Aplrallln8 debt, housln8 Inse£urlty and experfence exdujlon from Ihelr communldes. Behavlourally, ell￿ frquently Jtru8gle wlth Impuljfve b￿￿lOUr and dlilnhlbltlon. stru8* to manage thelr mood and as a rnsult can be allenatsd from thelr support network8. The eff￿ts of braln Injury can rtsth Into every part of someone's Ilfp and tske way eveTrthin8 that they knew about thernjelves prlor to thelr Injury. The dlsproportlonate amount of depresjlo anxlety aThJ knlly breakdo%￿ experfenced In tho* wlth braln Injurfes demonstrates the urynt need for Headway Nottln8ham to provlde a(rnslble therapeutk processes to Improve quallty of Ilfe for cllents arnl thelr familles. Br•ln Injury In Ihe UK EThy 90 xconth •omMm k admltt•d to Iwltsl wllh m aryilr•d braln Injury relat4d Illnem 4hl• b• from a h•Ad Injury* rtrdLe or ather Comparlson - "Every two rnlnutej ￿Meone In the UK15 dla8nosed wlth cancer. Thw• were 356,699 UK admk•lM• to Imwpltal wfth aCry1r￿ braln Injury In 2019.20. That 11 534 ulmlwlorn por 1ryJOIKI ol the populatlon. [*•Cancer ReJwth UK htty>sJlMwKancerrewirchUkor*health*rofe551onallcAncth￿ItlcsW1O￿thtruk•htadIn￿ero, Access￿ July 2024.] Hdway Nottln8ham thares It's Nottln8ham roo15 wlth natlonal charlty, H￿lY - the braln Injury ajyxlatlon, wlK>'s UK4vlda servlces Incl￿￿8 an Invaluable Infonnatlon Helpllne. downloadable wel>bwl Informatlon on th8 effects of bAln Injury and natlonwldE Gimpal8nln8 to hly*ll8ht the P￿valenCe and sl8nfficance ol dlsabllltles resultlng from brnln Injury. Thls more 8enerallseAI support complements the worl( of Headway Nottlngharn and ald$ x)me local resldents to find our thy ntre for ihelr perscnple Ilvln8 throu8hout NottlnBharn dty and Nottln8hamshlre county- a vail 8eo8w)hlcal remlt for our small charlty. Our catchment areals dlverne In torms of affluence and does Include areas Incl In the Natlonal Indlcei of Deprfvatlon. As a resul( many of cur cllents experfenL* multlple and complex deprlvatlon In a(&lltlon to the dlsabllltlu they ￿perIence followlng braln Injury. Tha malorlty of Headway Nottlngham's cliénts are Mt Sup￿)rted by ary other or8anlsatlon and oftffi ￿Ng￿le to accurately a(fvocate for them8•lveg. Thls exacertjatej the Ilkellhood of pEople Ilvln8 wlth brnln Injurfes ￿IppIng Ihroukn the of avallable sUPPOrt and dernonstrates a wlder fallure of stalutory *Nlces to reco8nlie and xknowled8e the nAturn of brnln Injury as dlrtlnct from other types of dlsablllty. Indped, oNEr the year we wltnes8ed a marked Increase of referra15 lor Indlvlduali whoje brnln Injury symptoms are compounded by mental health challenges. Wlth pressure from the Headway network, Unlted Klnsthm Acqulred Brdln Injury Forurn and other concerned orpnlsatlons the then Government Inltlate41 an All-Party Parllamentary Group on Acqulred Braln Injuryi wlth the alm of Improvin8 the provlsion of seNlw by local authorllles, NHS, Depathent for Educatlon, Mlnlstry of Defence, PrlBon Semce. DWP and The Departsnent of Dl8ltal, Culture, Medla arml Sport. Pro8re55 on the str*8y hal been slow, however we fully support Hethvay's ony>ins natlonal campalgn lo see Incraqsed understandlng and awa￿5 of braln Injuryi an end to the neurorehabllltatlon postcode lottery• Invatment In local braln Injury reablement servlces. L￿hanC￿l support for braln Injury Jurvlvors, lovul ones, And a rnform to )clal care makln8 It equltable and sustalnable. We slncerely hope to ie8 a natlonwlde ABI Strats8y Intrduced that facllllate5 the on8olng eAre and support that our communlty dese￿5. 70% of Heathvay Nottingham cllents expreH that Ihey wory about managlnu flnarty, wlth a potevrtlally deva￿tIng effert on the he81th arKI wellbeln8 of the Indlvldual and thelr famllles. 98.5% of Nottlntham's cllents are lon8 term Unemploy￿ due to thelr dliablllty. n% of our casework cllents recelved our help wlth thelr welfare4Jendits provlslon. [*Fl8uM from nallonal chaTIty, Headway- the braln Injury a550cl*lon's analys15 of ABI admlsslon sfatlgtlcs from 201940.] Page 2 HEADWAY (N0￿lNGHAM) LIMITED REPORT OF THE TRUSTEES for the yw ended 31 March 2024 ACHIEVEm￿T AND PWORMANCE 'HeathYay Nottlngham Is an amazlng pl￿. l always say [Queens m￿lca1 Centre] saved my braln but Headway sav&1 my soul. Annle- prevlouj Headway N(rttln8ham cllent Thls reFx)rt reflKts on another year of change and adoptlon for our cllents and our small tharlty. The bew wlth the unfortunate news that ¢xr thlrd sector frlends and Landlord, Nottlnghamshlre D￿( Socityi planned to put thelr bulld1￿ on the market. So the hunt (or new premlses, wlth a tlmefrdme of around 6 month5. As ￿ cort-of-llvlng crfsls contlnueAI to blte, Impactlng our income from 8rants and supporters, donatl(ms to our tharlty, the e￿%)resent need ￿ dellver our Inydluable seNlce as cost4knlvely ai w>sslble Intsnslflal. In Nottlntsm rnasonabty prlced commerclal rentsl propertle5 that arn truly lully accemlble for people wlth physkal dlsabllltla and moblllty dlfflcuttlts are a rarn find Indeed. However our afflllatlon (aibelt ￿ a separate Ch￿ty) to the natlonal charlty, Headway - the braln injury assoclatlon provlded a tremendous support at our tlme of wory. We are thrllled and Intr￿IblY 8rateful to have relo(*ed our Serv1￿ to the ground floor of thelr Old Basford hèadquarters, wlth except]onally generous tsrms, allowlng u5 to achleve our prlmary oblectlves of securln8 a home for our JeThlce whllit focu51ni on Improvln8 our flnancial iustalnablllty over the lon8 term. Our new home, locatal In a qulet resldentlal area wlth ample parkln8 and a beautitul, esfabllshed garden areA Iwhlch we alm to make safely accesslble for all over the comlng yea contrlbutes to the atmosphere of support, frlend5hlp and rehabllitatlon that we are proud to facllltate. Vilally too, our cli￿ts share that thry love H&way Nofflnsham'i new home. Hepdway Nottln8harn closed for one week onty durlns relocation, and we pleased that dlsruptlon to our cllents, ￿1vICe WAS minlmal. Indeed. over the year we saw an astonlshln8 2,905 attaKkn at our centm, a 4% Increase on the prevloui yejr, We responded to 50 new referrali, conducted 40 Inftlal of wpport ne¢th and 38 cllent trlal vhlts to our ntre. Over the year 79 people benefitted from regular attendan￿ at our centre, wlth 27 cllents rncelvln8 addltlonal ¢￿?WOrk 5UPPOrt wlth pres8lng matter5 rqulrlng 1-1 professlonal advoory. In rldlllon, we contlnue to be a valuable hub of $upport and Inforniatlon for those (often copln8 wfth the adjustment Staw of braln Injury) requlrlng slgnp05tln& b8neffti 8uklance and support to navl8ate the realm of braln Injury, pThldlng 1,198 telephone and emall Interventlon& Our CaJe%w>rker malntalned a 100% success rate In 8ecurfn8 ap￿￿prIate flnanclal Welfa￿ awards for cllents, ensurln8 thelr M￿lIuM -term financlal itablllty, whllst allo atteThllng and ad￿tIn8 at trlbunali, medlcal a6*55ments and aW￿d amemments. Our tlmetable of cr8allve and actlve thilltatlon actlvttles IB the cornerstone of Jkills r*Jevelopmwrt that empowerj our communlty to regaln a ￿nse of personal autDnThny* nurture and 8row thelr abllltlts and promote ihelr iafe Independen￿. Wè proud to have fadlltatsd 1259 attendancu at ¢xY rthabllllatlon over the across a divor￿ ran8e of sesslons to engaA encoura8e aNI Improve, as well ￿ ￿lebrate achlevements and bulld on sulresw. Workthops delfj￿red Include: - En8llJh and Maths Functlonal Skllls- ullns ra4l•world taths cllents arn supported kn rthl(y Jk1115 lor feellng confideni wlth Ily Ilvlng Kuvttles, such ￿ mana8ln8 correspondence and bud8etln& overall supportlng thelr ltteracy and numerxy. - Sln8ln8 for Wellbeln8 - sp￿IfiC711Y therapeutlc ui8 of sln8ln8 for improvements In memoryi vocal exwe551on. and tonal matchln8. Group sln8ln8 rel6ises endorphlnLS1 promotlng feellrw of wellbelns and nurturfng a ￿nSe of 'tO8etherne5S' among6t the 8roup. It's aluo very lunl - Cr8atlve Wrlllng- conslstendy popular wlth our cllents, a]1 of whom take tremerKIoug Steps foNvard with thelr 0)nfiden￿ to expre55 themselves in wrftten form (some are supported by a scrlbe to ensure Incluslvltyi then share thelr work aloud wlth the 8roup. Sesslons improve wrltten ski113, Speed up cohemt thou8ht pro￿91n8 and demonstrate to the Indlvldual ihelr tlwhts, feellngs and creatlons ue valuable and recoBnlllonnWOrthy. - Therdpeutlc T&Ytiles- our cllents WO￿ on Indlvldual textlle prole(l$, lallored to thelr ablllttes and areas for proBresslon, to Improve manual dethrfty. ￿nd￿r ccA)nllrwtloni plannlng arKI organlsatlon and a yense of achlevemenL - Indoor Bowls - following on from our ujllaboratlon wlth reSeard￿r$ at 5heffleld Hallam UniveTrlty. Sesslons pmvlde Induslve physkal advity to Improve balance and coordinatlon, dexterlty. physlcal fitness and mcl>lllty whlle also eKoura8lng gentle Ly)M￿tIOn and a sense of fvn. - Co8nltlve l Understandlng your Braln workshops- fDCUS51n8 on dlfferen¢ practlcal areas of dally Ilvlng each we& se5slons SUPPOrt our cllents to create strntegles for safety, communlcallon, household manapnert appropriate behavlours and many other areas. Se5slons are extremely well4ttended aThl provlde an excellenl and encouraOng Intr￿lUc110n to Ir)n8 term rel￿bIlItatIon and a foundation for safe lTrlependence. - Dram&ther¥y- durtng youp and OntrI￿one se5slon$, our Drdmathernplst supports cllth to refiect and process eV￿ts from thelr Ilves, recogni5e and understand their feelin8s and emotlons whllst expre5sinB them5elve5 appropriatety and respectfully. dynamic of trust. partlcularly In 8roup workshopsi allows our clients to app￿late their valuo amryt thelr peen. Page 3 HEADWAY (NOThINGHAM) LIMITED REPORT OF THE TRUSTEES for the year ended 31 March 2024 - Mlndfulnw a￿1 m￿ltatIOn- 5esslons prnctlce t￿nIqUeS for stre55 reducllon, mood mana8ement and paln redurtlon, all of whlch can be transferr￿ back to the home for clients to Independ￿tlY self-mana8e thelr symptoms. These foundational tools Improve cllents, feellng5 of pevsonal control and bDlJter ajplng sklll - Refiexolo8y- a rdre opportunlty for our cllents to access hand￿n wellbelng support wlthout addttlonal cost. Cllents shared that thelr en8a8ement reduced feelings of joint paln, supported better sleep routlnes, Improved balanLT and reduced anxlety. Toplcal Debate - th0￿-provOklns and enBa8ln8 workshops trj 5UPPOrt Cfltlcal thInkI￿ effectl¥p and respethl communlcatlon skllls and prtractlve mo(xl management. Nonlic Walking - partlcularly emw)werln8 for our cllents wlth phplcal dlsabllltles, these sejslons Improve bAla￿e arKI c(￿0rdInatIOfi, slamln4 posture and bTeathln& Thls proled Is egpeclally valuable for our clients who face addltlonal barrlws to ac￿SIng physlcal exerclse due to an Increwd Ilkellhotjl of bKomln81ort If walklng alone or for whom eXPen￿ve 8ym membershlps are prohlbltlve. - Mana8emenl and Inlemet Safety- thue sesglons were provlded free of charge by Work Pays (fuNled by Nottlngham Cty Counclll and provldwj valuable wpport wlth acceHlng the onllne wr)rld iafelyl underJtandlnB crdlt and debt and cost*ffectlve b(xrowlng. A& most of our cllents Ilve alone and are responjlble for manaslns thelr own hou*hold budpts, thlg knowled8e Is Invaluable. Thls year we have contlnued to develop our relatlonshlp wlth our aJllea8ues In NHS servlcesl gpeclflcalty those In Neuro Trauma Wards, wlth a vlew to r￿U￿ the exlrtlnB $18nlficAnt delay betsvoen hospitsl dlscharge and accesslng lon8 term gupw)rt. We are plea￿1 to see a growlnB number of referrals from these cllnlclans who now understand what we can do to support thelr padents POSt41sch4r8e. Our small thff taRm of 6 workeAI extr•nely hard th1$ ￿ to malntaln our hlthquallty ieNlce for our cllents desplte the p(*entlal diiruptlon of ￿r¥Ice relocatlon. Pa8e 4 HEADWAY (NorriNGHAM) LIMrrED REPORT OF THE TRUSTEES for the year ended 31 March 2024 FINANaAI REVIEW Revlew o* thè year The bigpt challenge for people wlth braln Inlurles ihrou8TrMJut Nottln8ham and Nottlnghamshlre contlnue5 to be aLre55in approwlate, lon8 tem co8nttlve and ph>slcal rehabilitalion and emotional supporL For most people, the pathway to cessing brain Injury 5peclfic supwrt Is ambi8uous and It Is too often left to luck as to whether they are Th￿Ie aware of, OT referred to Headway Nottlntsm. Coupld wlth thlg, an 8veAlghtsnln8 publlc purse Incr&ises barrfers to support as sub51dlwAI transport to our centre Is cut dramatlcally (leavin8 many unable to attend due to 8eoyaphyl a￿1 contrlbutlon5 of tutory fundln8 reduced per person, s(xnetime$ to pence per dav. The overall t￿nd of r￿luced statutory fuNlln8 recelved by H&way Nottlngharn li refitttul In our Ac£ounts once a8aln thls year and the cortd-Ilvln8 crlsls presentrd additlonal, 318nfficant challen8es to our charlty, as It has for many of our worthrful supixjrters. The year saw a decRase In NDluntary donatlons and communlty sUPPOrt, creatlng a gap In Income whlch desplte our coJt4avln8 m&isure5, we were forced to unsustalnably plug wlth our alre￿ ma&st reBeNeJ. In January 2024, to avold c1051ns servlce at ihe end of the flnancial yparr we launcF& an uryent appeal wlth a target of £26,000. Ovemhelmed by Interest from local press and consequently, vltal donatlong from local buslne8ses and Indfvlduali In our Nottlngham communlty (many of whom had not donat&l to us before) we wern thrllled to TrAch and exceed thls fundrdlslng target. We are 8ratelul to NottlnBhamshlre County Councll for commlttlng to make a contrfbutlon towards our appeal, as well a5 to several grnnt-fflakers for pledgln8 thelr iupport and a Ver￿lUCh valued Small number of loeAI people and buslnessej who made very SI￿lficant donatlonL The tekm are Indebtad to our community for supportln8 u6 in our hour of need, and are commltted to usln8 the bTeathlng space that thelr sUPPOrt has afforded us to redevelop our lon8er term fundrdlsln8 strate8y and work towards guslalmblllty. Soclal Care'i requlrement that cllents make larger COntrtb￿lonB towanlj thelr attendan￿ at Headway Nottln8lwm h Inevltabty Increaled the nufflber5 of ￿pIe 0Olng to selFfund thelr rehabllltatlon wlth us. Whllst our self4undln8 Incorne h rown In tandem. the more sporadlc, sometlmes fortnlghtly attendances pre*nt a challenge In ternis of max5m151￿8 capaclty wlthln our centre. It is our Intentlon to ￿vIeW our *lf-fundlng struthre, collaboratlvaly wlth our cllents, over the comlng year ID ensure the bert PDS8lble b8nefit for tho* who rely on us whllst eslabllshlng more pr•Jlctable Rl&fundln8 Income. Headway NottI￿ham'j ieThlces c(mtlnue to be excellent value for money, and we endeavour to find Co*4d￿n8 Inltlatll wherever posslble. AIthou8h the wentlal for dljruptlon and worry felt ever-pre*nl through parts ol the ywi we Kire thrlll Ihat mlnlmal lrnpxt of costasavln8 rn64sure8, servlce rel¢x&tlon And uryent fundrdlsln8 has not been felt by our cll¢nts. Thls li testament kn the charlty's dedlc*d, professlonal and supportlve team. Thelr vast pTrttlcal experlence of braln Injury and thelr knowled8e of cllents coupl￿1 wlth the Invaluable support of our funders Is the rea8on Hexlway Noftln8hwn remalns a vltal Ilfellne to many local P￿pIe. thdr hmlllei and carern, otherwlse often feel marglnall￿I and mlsund•sts)od In thelr comrnunltlei. Staff Town . SeNlca Many - knitsnt Manyr . CaGewother . Senlor Supwrt Worker - SUp￿rt workern x 2 ACC￿nts Prnparatlon The Trust￿ conflmi that the accounts comply wlth current statutory wulrnment and wlth those of the 8ovemlnB Instruments. Thlj report and the accounts have been prePa￿d In accordan￿ wlth the Ststement of Recommended Practlce - Accountlng and Reportln8 by Charllles (SORPS 20151FILS102) ). the companles Act 2006 and the Trust Deal. The rew)rt has al￿) ￿en prepared in accordance wllh the speclai provlslons for small companks under Part 15 of the Qjmpanles Act 2006. Pa8e 5 HEADWAY (NOThINGHAM) UMrrED REPORT OF THE TRUSTEES for the ended 31 MaKh 2024 FINANCIAL REVIEW & Fnvertmert policy After another dllTicult year ol our flnanceg belng negatlvely aff&ted by the continued cost4)f-Ilvln8 LTlsl$ we were mlndfvl that our mlxlest reserve level w well be dental to the polni that closure was a real and Ilkely posslbllity at the end of the financlal year. Ag mentloned prevlously, our entire tearn carne together to maké sure ￿ avertul that mojt Scary of prospth. Our efforts were 50 successful thaL In fact, our ￿jVeS level remalned statlc at £44,0(M). We are pro￿1 to have naNl8atal such tumulthous tlmes, adaptln8 so qulckly to the rlsks the current economlc dlmate are throwln8 at u& Therefi)re, a key objectlve for the trustees thls yearls the contlnud work of keeplng our bu51r￿& and L￿ntI￿genCY plan5 under constant revlew, maklng tlmely changes where necesw and remaJnln8 financlalty reswjnslble. As we consolldate our FK)sltlon and put Into actlon our new 5trate8y for Income generation and shorln8 up our governan￿ procedures, V￿ a hothil that in the comlng year wlll see us Increase on Ihls yearn very small surplus Jo that we can bulkl our regeNes UP to a level conslstent wlth 6 months of GeThlce costs. The Tnwtees th• power to Invert In such aHets aj they seE fiL The company has a pollcy of keeplnu any $urplu5 Ilquld funds In $horL temi dep￿lts whlch can be accegwl readlly should the need arlse. srRUCTUR4 GOVaiNANCE AND MANAGEMEKr Gov•rnln8 document & body The charlty15 pverwl by Its Meft￿randuM and Artlcles of Asjodatlon dat&1 16 February 2CK11 The company's diitLtors who are also the trimtees of the charity are ￿t out below. The dlie(lors 4180 constltute the board ol dlre(lors who accept overall re¥)onslblllty of operatlonal, financlal and conjtftutlonal matters. R•crultment Ind traInI￿ of Trurt• The Boards of Truslees Is composed of Truiteej nornlnated by exlgllng mernberj. They are constsntly Icx)klns to wult new Trust￿ who Can broaden the skllls, knowl* and experlence of the charlty to ensurn that it contlnue9 to be focwed on meetln8 the n￿d$ of the bBneftclarle5. All potendal Trustees wlll be In Sym￿thY wlth the alms obJeLtlva and ethos of Hthay (￿ectfve l January 2019),. Flnandal Reportins 51andanl 102 'The Flnanclal Reportln8 Slandard applicAble In the UK and Repthllc of lrnland, and the Companles Act 2006. The flnanclal statements ha￿ been preparal under the hlstorlcal cost conventlon. Ananclal reportlry 102- r•duced dkncknwre exrytlo The charllable company has kken advants8e of the followlng dlsd09ure exemptlon In preparln8 thtte flnanclal statements, as perni1￿￿ by FRS 102 'The Flnandal Reportlng Standard appllcable In the UK and Republlc cf Ireland,: the requlrements of 5ectlon 7 Statement of C•h Flows. The Trustees fully aware of the uncertalnty by Ihe cort of Ilvlns crlsls and overall rul￿ed fundln8 In the year. As explain￿ In the Trustees Repo¢ the charfty had to launch an emeryency appeal to Aise fijnds of £26 whlth was met and exceed￿1, the operdt]onal rueNe has therefore been able to be malntalned at £44k. The Trusfe arn confident ihat wlth the contlnued iupport and endeavourn to flThl cNt iavlng Inltlatlves. over the nèxt few years, wlll see the charlty contlnue to generate su￿lu￿ In the eomln8 yars. On that bas15 the accounts have been prepared on a pin8 concern bas1$, All Income Is reco8nlged In the statement of Flnandal Actlvlties once the charlty hm entltlement to the fuThlB, It IJ probable that ihe Inojme wlll be recelved and the amount can be measured rellAbly. Llabllitles are reco8nlsed as expendtture a6 8(K)n as there Is a legal or constructlve obllwlon c(xnmittlng the tharlty to th* expendltur4 tt Is prnbable that a tran8fer of ecA)nomlc beneffts wlll be rqulred in gettlemart and ihe amount of the obllgatlon Can be mwU￿1 rellably. Expendlturn15 accounted for on an accNals basls and h45 been classlfled under headlnus that awe8ate all cort related to the c2tqory. Whue costs cannot be dlrectly attrlbuted to partlcular headly they been allocat￿ to KtI￿tIeS on a basli ajnslstent wlEh the of re￿uKeS. T￿￿1b1• aM¢ts Depreclatlon Is provldul at the followlns annual rates In order kn write off each aqet over Its estlmated weful lffe. Offlo 4ulprnent 33.3% stralth Ilne Taxallon The charlty IJ exernpt from corporatlon lax on Its tharltable adlvltle& Fund Kcou￿lTrS unre￿rIcted funds Gin be u￿d In accordarn wlth the charltable objectlvej at ihe dlmtlon of trust*. RestrlL*ed funds CAn onty be ￿ed for pgrtlcular re5tr1cted purposei wlthln the oblxts of the charlty. Restrictlons arl when s￿lfled by the donor or when fvndj are ralsed for partlcular rntrlcted pUry￿. Further explanallon OF the nature and puryx)Je of each fundls IncI￿led In Ihe notes to the flnanclal 5ktements. Hlre purthue and Iwlns commltments Rentals pald under operatln8 leases a￿ charyl to the Statement of Flnanclal Act[￿lIeS on a stralght Ilne basls ¢Mr the perlod of the lease. Page11 conlinued... HEADWAY (No￿lNGHAm> LIMITED NOTES TO THE FINANCIAL sfATEMENTS . contlrnKd for the yw ernled 31 March 2024 INVWMENT INCOME 2024 2023 Deposlt account Interest 4S3 383 NEf INCOMWffXPENDITURE) Net Incomd(expendlturf Is statul after thar81n￿1cred1tJn￿. 2024 2023 Depreclatlon- owned assets Other 0￿ratIng lea 38 21,773 lo￿02 TRUSTEES, REMUNERATION AND BENEFITS There wern no truste&, r•muneratloTh or other benefits for the year en￿1 31 March 2024 nor for the yyar end&1 31 MArch 2023. There were rKb trujtew, expensu pald for the ￿ end￿ 31 Marth 2024 nor for the year end￿ 31 March 2023. STAFF cosrs The average monthly number of employw durfn8 the year wai ￿ follows: 2024 Admln arKI managewtht Support workers 2023 No employees retslved uMlumerts in excess of £60,000. COMPARATI￿ FOR THE sfATEMENT OF FINANCIAL AcfiviTIE5 Unrestrlcted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donatlons and lyles 62,322 8,874 71,196 Charitsble xllvlll General 87,526 87,526 Invwlment Income 383 383 Tot•1 150,231 8,874 159,105 EXP￿lDITuRE ON Charlt*Jk actibltl General Restrlcted 182,708 182,708 7,823 7,823 182,708 7.823 190,531 NET INCOMWffXPENDITURE) (32.477) 1,051 (31,426) P¥12 contlnued... HEADWAY (NorriNGHAM) LIMITED NOTES TO THE FINANCIAL STATEMENTS - condnued for the year eth 31 March 2024 COMPARATIV￿ FOR THE STATEMENT OF FINANaAL ACri￿TIES- contlnued Unrestrlct furK15 Restricted funds Total funds RECONaLIATION OF FUNDS Totsl funds brought forward 91.569 1,687 93256 TOTAL FUNDS CARRIED FORWARD 59,092 2,738 61,830 TANGIBLE FIXED ASSErs Offl equlpment COST At 1 Aprll 2023 D15pM)￿lS 1J,02J (11,848) At 31 March 2024 1,175 DEPRECIATION At l Aprfl 2023 Cha￿e for year Ellmlnat&l on dlwal 1¥719 173 (11,847) At 31 March 2024 NEf BOOK VALUE At 31 MArch 2024 190 At 31 March 2023 304 DEBTOR& AMOUNTS FALLING DUE ￿THIN ONE YEAR 2024 2023 Other debtors aThl prepayments 10,315 11.934 CREDITORS: MIOUNTS FALLING DUE WITHIN ONE YEAR 1024 2023 Trade credlto Soclal gecurlty a￿1 other Other credltors Deferred Income Accnul expenses 7n 737 2,146 338 25,526 3,150 31343 6,371 Page13 continu￿... HEADWAY (NOThINGHAM) LIMITED NOTE5 TO THE FINANCIAL STATEMENTS - contIm￿d for the yffir ended 31 March 2024 10. LEASING AGREEMENTS Mlnlmum lease payments under nOn The Souter Charllable Trust (XVD Alpktt (xvllll Blaknore Foundatlon120231 (xx) Sklpton Buildln8 S￿Iety (2023) (xxll Slr Roberty McAlplne Foundatlon Ixxlil The Jone$ 1986 cr (xxlll) The Sirjules Thome Charltable Tntst (xxlv) (115) 500) (1,783) 500 (1J83J (250) 100 1026 ¥49 5,OlXI 4000 (679) (2￿80) 1,B19 2,920 13,124 (8￿13j TOTAL FUND5 185.176 (184169 1007 Pa8e 14 continueA4... HEADWAY (NOThINGHAM) LIMITED NOTES TO THE FINANCIAL STATEMENTS- ¢(￿11nU¢d for the year ended 31 March 2024 MOVEMENT IN FUNDS . conthued 11. )mparatlve• for movemert In fffidi Net Transfers movement between in funds funds At 31.3.23 At 1 A.22 Unr•trl(t&4 fuNIi General fund Operatlonal ￿￿1ve al 11,569 80,000 (32,4771 36,¢XIO (36.CQO) 15,092 44,000 91,569 132,477J 59,092 Sklpton Bulldln8 Soclety (149 L￿1 Improvement Scheme fvl Re8 Adalr- Councillor (vll) Ken BI￿ Donatlon Ixll Nottlrryham Cty Councll workftjrce r*ntlt fund Ixll) The Souter Charltable TNst (XVD The Prlnce of Wales's Charftable Fund (xvll) Alpklt (xvlli) 249 875 (8751 82 325 325 156 (156) 1,783 1,783 49 250 250 1,687 1,051 2,738 TOTAL FUNDS 93,256 (31,426) 61,830 Q>mparatlve net motywnent In fvnth, Incl￿1￿1 In the above are As followi: Incornln8 resources Resourns Movemeni expended In furKIs Unr••trlct•d fun& General fund 150,231 082,708) 132,477) Rejtrktod funth L￿al Improvement Scheme fvl Nottln8ham Clty Coundl workforce retentlon fund (xll) Amold Clark (xllll Blakemorn Foundatlon (xivl Anonymous Ixv) The souter Charltable Trust fvl) The Prlnce of Wales's Charltable Fund (xrflll Alpklt (xvlll) The Morrfsonj Foundatlon (xix) 1875) (8751 (1561 1156) (1,( (iooi (2,5001 11,2081 11,5(M)) 2,500 2,991 1.549 250 640 1,783 49 250 1640) 8,874 (7,8231 1,051 TOTAL FUNDS 159,105 (190,5311 131 026) Page15 contlnued... HEADWAY (NOThINGHAM) LIMftED NOTES TO ThE FINANCIAL STATEMENTS . conllnued for the y￿r 31 March 2024 11. MOVEMENT IN FUNDS- contlN A current year 12 months and prlor year 12 months comblned p05i11on15 as follow&. Net Transfers movement btheen In ￿ndS fund5 At 31.3.24 At 1.4.22 Umrtrkled General fund Operatlonal rtseNe111 11,569 80,LMJO (36,0811 36,000 136,LKIO) 11,488 91,569 136,081) 55,488 Sklpton Bulldln8 S(￿Iety (IVJ I Improvement Scheme (vl eg Adalr- Qbundllor (vlll Ken Blrd Donatlon (XD Nottln8ham Clty Councll wothrce retentlon fund {xlll The Prlnce of Wales's Charltable Fund (xvlll Blakemore Foundatlon (20231 (Nx) Slr Robttty McAlplne Found*ion (xxll) The jones 1986 cr (xxllll The Sirjules Thome Charitable Trust (xxlvl 249 875 180) (8751 169 325 (1151 210 156 (1561 49 100 1,819 2,920 49 l(Kl 1,819 2.920 2,OlX) 1,687 5,662 7,349 TOTAL FUNDS 93,256 130,419) 62,837 A current year 12 months and prlor year 12 monthi comblnul net movement In fundl, Included In the above are follows: Incomlng resources Resources èxpended Movement In fund5 Unro*lcted lunth General fund 322,283 (358,3641 136J)811 trf(ted Sklpton Bulldlng Soclty (Iv) Local Improvement Scheme Iv) Ken Blrd Donitlon Ixl) Nottln8ham Clty Councll workforco retenllon fuThl Ixll) Amold Clark (xllll Blgkemore Foundatlon (xlv) An0n￿ou5 Ixv) Souter Charltable Trust (xvl) The PrIn￿ of Wale5'9 Charltablè Fund (xvll) Alpklt (xvlli) The Morrlsonj Foundatlon ￿x) Blakemore Foundatlon [20231 (xx) Sklpknn Bulldlng Soclety (2023) (xxll 51r Robety McAlplne Foundatlon Ixxll) The Jonel 1986 CT (xxlll) The 51rJu1￿ Thome Charltsble Trurt (xxfvl 1875) 1115) 1875) 1115) (156) i.ofy) (156) I7,￿0) 1100) 15.(KXJ) (2,9911 (1,5( (250) 1640) 5,01)) 2,991 1,549 250 49 1LM) 1,026 2,498 5,000 2,IXIO loo (1,0261 (6791 (2,0801 1,819 2,920 2,OLM) 21,998 (16,336) 5,662 TOTAL FUNDS 344281 1374.700) 130,419) Page 16 Continu￿.. HEADWAY (NOTTINGHAM) LIMrrED NOTE5 TO THE FINANCIAL sfATEMENTS - conlinued for yw ended 31 MaKh 2024 11. MOVEMEKf IN FUNDS- contirnThl Eath restrlcted and desI￿ated fund has sufficlenl re￿urCeS to enable the fund to be applled In accordan￿ with the re5triLtiong imposed. 111 Tr operdtional rnuerve WAS utabllshed a5 a designat￿1 fijnd to ensure that the charlty would be able to meet expe￿IltUre commltments Isalafie5 arxl Tax) for at leASt three months. fv) Sklpton BulldlnB Soclety. Thls fund was donated to help toward5 Ihe cost of Nordlc Walkln8 sesslons dellverd by profe551onal Instru(knrs here at Headway Nottln8ham. Nordlc walkln8 exwclses wery mu8de Broup of the body whllst also Imwovlng balan￿ and coordinatlon, slamlna and Sw￿ra1 fitness levels for thosè who are unable to accv•5 exerdse facllltles away from the centre. M L(xxl Impro￿m￿ 5theme. Thls IJ an award tD pay for the malorlty of our Outreach work In the County of NottlnBhamthlre over (vurse of yelrs. Our Outrnach wO￿T dellvets supporL thlce and wvices to County resld8nts who are Ilvlng wlth dlfflculttes wst braln Injury. Thls may Include welfare and beneflts suppo¢ employer Ilalson, trlbunal repraenlatlon, tenancy and debt thice and help through sodal garvlces asffesHnents for fundln8 to attend the day seNIc (vlll Reg Adalr - Counclllor. Thls award of funds comes from Nottln8hamshire County Counclllor Reg Adalr's all¢xatsl Dlvlilonal fund for (ummunity support Speclflcally des18natsl to pay for two tablets for U￿ In the centr4 and art wpplles needed for our therapeutlc art workshops. (xl) Ken Blrd Donalion. A very generous donatlon from a valued and Itmtrstandlng volunteer wlth a wlsh that It be ed to pThlde actlvity workshcp5 and segslons dlrectly benefitin8 our Day Centre users. Wfth tlrst hand experience of these Je551on5 and thelr Impa¢ our donor wlshe¥ thls Wa￿ to contlnue to brlng Increased wéllbelng and confidenco to the cllurts. (xll) Nottlngham Clty Coundl WorfrforLE R•tentlon Fund. A central 80￿Mment Inltladve handed to local authwllles to dlsperse amons %)cial care provldets wllh a vlew to help the health and uKlal care *ffin8 crls15. Can be used for hin8 that Incrwe5 the chances ot skff retentlon Indudln8 pay rlstt, itaff tralnin& Incentlves etc. (xiill Amold Clark Thls money Iws been glven to help fvnd our Therapeutlc Textlle5 Workthop. Thls workshop hel member5 to plani sequence, and exKute projea work whllst slmultaneously workln8 IXI practlilnB f]ne moknr skllls, Improvlng ha￿ coonllnatlon and bulklin8 confldence throu8h achleverne￿t (xlvl Blakemore Foundatlon A contrlbutlon towards the ojsts of provldln8 workshops and actlvltl• for our rnembern that they may Improve thelr Ins18h¢ rfrlearn 105t sklll8, find new tslents and I￿r￿0 feelln85 of wellbelng and self-worth. (xv) Funder wlshln8 to remaln anonymous Thli donatlon was 8lven tt) contrlbute to the costs of our CaThoth seTvlce whlch provlde5 welfare advlce and rePreS￿tatIon as well as advocacy ￿(vICeS to aduh5 Ilvlng wlth the effectB of braln Injury who may ne•J extrd Sup￿rt. (xvll The Souter Charftable Tn￿t A thnatlon spedflcally to fund a year of Singlng for Wellbe1￿ w)rkJhops. SlnglTh ltselfls not only fun, but can help to Irnpro￿ lung lundon, fh￿hffl, sequencln& memory and a iense of Improved wellbeln& Beln8 a pArt of 8roup to 51n8 also helps lo ￿duce feellng5 of Isolatlon and Improves feellngs of conn￿lI0n wlth ￿he￿5. (xvif) The Prtn￿ of Wales's Charllable Fund Fundlng to implement our "Mlnd Over Mood" project Includln8 gulded mlndfulness sttslons arKI 1-1 refiexolo8y for our memberg. For tIK)se strug8lin8 wlth over4lmulatlon, stress and the dIffI￿ltIeS assoclated wlth thelr braln Inlury a serle5 of reflexology can work wonders to ald ￿laxatIon, restful ileep and In(yaase feeling8 of wellbeln& (xvllD Alpklt A contrlbutlon towards our Nordlc Walklng wslons. offerlng all round general tltness ImprovemenL Increased we114Jeln& access to local green spaces and Improvements In balan￿ and c￿￿￿]natIon. (xlx) The Morrlsons Foumlatlon A Wel￿Me conlrfbutlon to fund equlprnent ne8ded to dellver Nordlc Walkin8 and Indoor B(xvlB here at tha Centre. Nordlc walkln81s now a well4stabllshed fomi of whole body exwdse th* can a150 help wlth balan￿ dlfflcultles, C(￿rdination, generdl fltnegs and wellbelng throu8h access to nature. Our Indoor bowls helps to Improve fitness, h3nd￿e c(￿￿]natIon, balance and numerdcy skills. Both actlvltles als0 involve lots of funl Pa8e 17 continuul... HEADWAY (No￿INGH￿ LIMffED NOTES TO THE FINANCIAL sfATEMENTS- contlnued for the year 31 March 2024 11. MOVEMENf IN FUNDS . contlnued (xx) Blakemore Foundatlon (20231 A contrlbutlon towards ihe costs of providing Nordic Walklng sesslons for our members so that they may improve their balance, coordlnatlon, stren8th and fitmss whlle acce55in8 our local communlty. (xxll Skipton Bulldlng society (2023) A generous donatlon slven In Order for us to buy three new laptops for use durln8 our 1-1 WO￿ sUPPOrtin8 cllents to problem solve, access onllne servlca, and recefve $offle help to urKler5tand how to 5a(ely navlgate on the world wlde we (xxll) The Slr Robert ￿l¢AlpIne Foundèd￿ FundlnB Blven to pay for the costs a6ioclatsd wlth t￿1 Mlnd 0￿r Mood. project whkh alrned to Improve Ehe feellngs of wellbeln8 of partlclpants through a comblnatl(M of Nordlc walkl and mlndfulness and mwlltatlon sesilonj. (xxllu The Jone5 1986 Trust Thls dt)nation was 8lven to contrlbute to the cosb of our casewo￿ 8ervlce whleh prnvldes welfare advlce and representatlon as knll as knxy JeNlcei to adults Ilvlng wlth the effed5 of braln injury who may need extra 5UPPOTL (xxlv) The Slr Jules Thorne Charftable Trurt A don*lon to contrlbute towards the c￿ts asJLKlated whh runnlng our preclous day centre whlth brlny togthr those affttteAI by braln Injury which facllltates peer sUPPOrt ard provldes rdbabllltatlve opportunltlw. (xxv) Anonyrnous Indlvldual donor An e42rly antlclpfitul donatlon 8]ven to cover the costs asscKlatd wlth prO￿dIn Broup muslc therapy se551ons for an entlre year. Mu51c therapy helps those partlclpatlng to explore thelr pojt Injury 9ehE5 In a safe and understsndln8 thwutlc sesslon. Deferrad Income for futur4 £6,000 (xxvll The Natlonal Lottery Communlty Fund- Awards for All Fundln8 rKelved to fund our work wlth cllents who are strugglini to navlgate the cosi of Ilvln8 crlslg in b￿h pracllcal and emollonal temi$. From 1-1 9UPPOrt wlth experfenced Jtaff to woth rjn very speclflc dlfflcu1￿eS to 8roup workshops almod at helpln8 irnpfovE feallngs of wellbeln$ Deferrul Income for future, £19,526, 12. ELATED PARTY DISCLOSURES There were no relat￿1 party iransactloni for the yw and￿ 31 Marth 2024. Pa8e 18 HEADWAY (NorriNGHAM) LIMITED DEfAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donatl(x¥ aml lewl Donations Other Income 74W7 30.090 49,130 22,066 104047 71.196 Deposlt account Interest 453 383 Charhable actmt Fundin8 bodle$ 80,276 87,526 Total Incomlry rewwc 185,176 159.105 EXPENDITURE Charltdjle xtlvM•• Wages note 4 & 51 Rentlsee note 3 & 101 Rates and utllitle5 Insurance Cost of provldln8 actlvlties for ffthbe Travel & Transport ManApment costs Slaff tralnln8 & welfare Statlonery & Postage Telephone Depn ¢)fflce equlwent N)te 3) 135,400 10,$02 310 3A94 23￿61 400 133,612 21,773 18,287 T37 1,523 504 6,968 38 1,164 751 3J46 1OOJ85 186,855 Alxountancy 3,704 3,676 Total rnources expended IB4,169 190,531 1,007 (31 A26) Thls page ths not form part of the statutory flnanclal stalements Page 19