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2024-12-31-accounts

Company no. 04699611 Charity no. 1097407

Headway Somerset

Report and Unaudited Financial Statements

31 December 2024

Headway Somerset

Reference and administrative details

For the year ended 31 December 2024

Company number 04699611 Charity number 1097407 Registered office and First Floor operational address Victoria House Victoria Street Taunton Somerset TA1 3FA Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Susan Cable Resigned 31 December 2024 Gloria Clark Rachel Cole Appointed 27 July 2024 Lee Hart Appointed 29 July 2024 Julie Jones Appointed 27 February 2025 Timothy Jones Appointed 29 July 2024 Kevin Mellor Appointed 27 July 2024 Alyson Norman Martin Pettingell Claire Stoneman Ian Topping Chief executive officer Kathryn White Bankers HSBC Bank PLC 1 Middle Street Yeovil Somerset BA20 1LR Independent Godfrey Wilson Limited examiners Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

1

Headway Somerset

Report of the trustees

For the year ended 31 December 2024

The trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 December 2024.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

Vision and objectives

The vision of Headway Somerset is to improve the quality of life for everyone with an acquired brain injury together with their families and supporters living in the county of Somerset. This is achieved by directly providing high quality, flexible, expert information, rehabilitation and support services. The vision and objectives of the charity were reviewed in 2022, and the strategy will be reviewed in 2025.

Headway Somerset assists individuals impacted by acquired brain injury through:

Thanks to donations and grants we were able to provide the majority of our services free of charge to beneficiaries, excluding our Wellbeing Centres and Rehabilitation Outreach which can be purchased through Adult Social Care, Direct Payments or Self-Funding.

Benefits delivered to users of our services in 2024

It has been a tough year for our beneficiaries and our charity due to the ongoing cost of living crisis, and changes within the health and social care commissioning landscape. Despite these challenges we are immensely proud of the progress we have made towards our objectives.

2

Headway Somerset

Report of the trustees

For the year ended 31 December 2024

Beyond this, we know our charity will have made a positive difference to the lives of many more people who we may never directly work with. For example, those accessing our website or receiving help from a professional who attended our training.

Our annual satisfaction survey evidences the positive impact we have on people’s lives:

Raising awareness and understanding of ABI within the community, and empowering people through the provision of specialist information and education remain central to our service provision. This year we have piloted some new initiatives to extend our reach and influence.

Introducing free ‘Lunch & Learn’ ABI Training for Professionals has proved extremely popular and has directly improved working practice across Somerset. Providing education about the impairments and disadvantages experienced by people living with brain injury has ensured those working with them in allied professions are better informed and empathetic to people’s needs, and so are better equipped to support them appropriately.

‘Living with ABI’ Education Groups are another new addition, providing people living with brain injury and their supporters much needed understanding about how the brain works, how injuries impact functioning, and tips and tools to aid their recovery journey, improve coping skills, and quality of life. We have also worked closely with Village Agents, linking with their Talking Cafés network across a big geography, to expand our reach to people in rural areas, and extended the opening hours of our Talking Headway Helpline to be more readily available when people need us.

Additionally, we have worked to enhance our professional image with new marketing material and website www.headwaysomerset.org.uk, and held two Networking Conferences to champion the needs of people impacted by ABI and our charity.

This included our ‘Celebrating Making Headway’ conference held in late November which marked the end of a 5-year grant provided by National Lottery Community Fund. This long-term funding made such a difference to our organisation and enabled us to reach into communities across Somerset, raising awareness and understanding of ABI and supporting people with ABI to become more engaged, and confident participating and articulating their needs. With brilliant guest speakers, including people living with ABI, the conference was a fantastic way to thank everyone who has been involved in the Making Headway project and to celebrate our collective achievements.

2022 figures from the NHS showed that over 8,000 people access A&E each year in Somerset with a head injury and 3,000 plus are admitted to the wards with an ABI. Every person living with brain injury (and their families/supporters) deserves to enjoy equal access to our specialist support however our resources are limited and we know that there still too many people in our region coping with trauma on their own.

3

Headway Somerset

Report of the trustees

For the year ended 31 December 2024

People living with the life-long complications caused by acquired brain injury are disproportionately impacted by the cost of living crisis. People with ABI and their unpaid carers are living in financial poverty and the help they need from us is increasingly complex. People are struggling to access basic health, welfare and care services, which is aggravating their conditions and causing increasing levels of mental ill health, addiction, family breakdowns and homelessness. People living with brain injury and their supporters are without doubt a marginalised and disadvantaged sector of our society and too often their life experience is not what it should be.

In an increasingly difficult financial environment, we remain the only non-statutory organisation serving the needs of people impacted by ABI who are experiencing increasingly challenging needs and personal circumstances. Demand for our support continues to rise, and it is essential that we carry on fighting passionately for lasting change to the systems that often unwittingly marginalise and disadvantage people living with brain injury and their families/supporters in Somerset.

We have continued to use our voice and credibility to influence lasting change to the health and social care system, and ensure that people impacted by ABI are meaningfully involved and listened to. We are a lead partner in the NHS-led Community Neuro-Rehabilitation Review process, ensuring that people with lived experience can shape the future of local services, and the ‘Case for Change’ has now been presented to the ICB. While there is an acceptance that Community NeuroRehabilitation in Somerset needs to be improved it remains to be seen whether the funding is available to establish new ways of working.

Public benefit

In planning and setting objectives the trustees have complied with the duty to have due regard to guidance published by the Charity Commission on public benefit. In particular, the trustees ensure that all of Headway Somerset’s activities are aimed at improving the lives of the people who use its services and other people with acquired brain injury in Somerset. Headway Somerset does not undertake any trading activities, except those relating to fundraising events.

Financial review

Total incoming resources were £373,311 (2023: £293,049). Expenditure was tightly managed, and the total expended was £290,256 (2023: £333,450).

Total funds at 31 December 2024 stand at £269,982 (2023: £186,927) of which £104,549 (2023: £51,232) is restricted. The trustees of Headway Somerset review the reserves policy each year. Unrestricted general reserves are needed to provide funding to enable the charity to operate in a flexible manner as well as to invest in the infrastructure and core administration of the organisation. The trustees consider it prudent to hold unrestricted general reserves of a minimum of 6 months operating costs. At the year-end, general funds stood at £165,433 (2023: £135,695), which is in accordance with our policy. The level of unrestricted reserves is monitored at the trustee meetings held through the year.

Headway Somerset are extremely grateful for the support of our commissioners and grant funders including, Somerset County Council, Somerset Integrated Care Board, the National Lottery Community Fund, Henry Smith Charity, Garfield Weston and the many individuals and groups who have donated through the year.

4

Headway Somerset

Report of the trustees

For the year ended 31 December 2024

After making the required enquiries, the trustees of Headway Somerset have a reasonable expectation that the charity has adequate resources available to it to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies to the financial statements.

Structure, governance and management

Headway Somerset is an independent registered charity, registered number 1097407, and also a company limited by guarantee, registered number 04699611 (England and Wales). Headway Somerset is governed by its memorandum and articles of association. Headway Somerset is affiliated to Headway, the brain injury association, charity number 1025852.

The trustees of Headway Somerset are empowered to appoint new trustees from time to time as required. Headway Somerset seeks to recruit people with a wide range of skills, knowledge and experience to bring to the governance of the organisation and to match the changing needs of the charity. Trustees are formally appointed at meetings. A trustee pack and induction is available to all new trustees. Training on all aspects of acquired brain injury is provided. Trustees receive annual safeguarding training. Headway Somerset trustees are required to disclose all relevant interests and register them and, in accordance with the charity’s policy, withdraw from decisions where a conflict of interest arises or might be perceived to arise. All trustees of Headway Somerset give their time freely and no remuneration was paid in the year. During the last year, we have appointed five new trustees who bring an array of professional and personal skills and experiences enhancing the depth and knowledge of the board.

Headway Somerset has ten trustees and the board meets six times a year. Additional meetings may be held as required. There is also a Finance Committee which is chaired by the Treasurer. Whilst the trustees have ultimate responsibility for the governance of the charity, the day to day management of the charity is the responsibility of the Chief Executive Officer, Kathryn White. Headway Somerset has a Staff Pay Policy and staff remuneration is reviewed by the Finance Sub-Committee in December each year.

The trustees have assessed the major risks to which Headway Somerset is exposed and this is recorded in a Risk Register. The Risk Register is updated and is presented three times a year at trustee meetings.

Headway Somerset does not use external paid fundraising personnel or organisations. All personal information collected by Headway Somerset during fundraising activity is confidential and will not be disclosed to any third party. No one employed by Headway Somerset or volunteering on behalf of Headway Somerset will accept commission or bonuses for fundraising activities on behalf of the organisation.

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity 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, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

5

Headway Somerset

Report of the trustees

For the year ended 31 December 2024

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were re-appointed as independent examiners to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 9 May 2025 and signed on their behalf by

Martin PETTINGELL

Martin Pettingell - Chair

6

Independent examiner's report

To the trustees of

Headway Somerset

I report to the trustees on my examination of the accounts of Headway Somerset (the charitable company) for the year ended 31 December 2024, which are set out on pages 8 to 23.

Responsibilities and basis of report

As trustees of the charitable 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 charitable 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 charitable company'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 charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

William Guy Blake

Date: 9 May 2025

William Guy Blake ACA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited

Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

7

Headway Somerset

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2024

Note
Income from:
Donations
3
Charitable activities
4
Other trading activities
5
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
7
8
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income / (expenditure) and net
movement in funds		 Restricted
£
-
172,023
-
-
172,023
-
118,706
118,706
53,317
51,232
104,549		 Unrestricted
£
22,253
170,056
3,167
5,812
201,288
30,239
141,311
171,550
29,738
135,695
165,433		 2024
2023
Total
Total
£
£
22,253
27,587
342,079
259,030
3,167
140
5,812
6,292
373,311
293,049
30,239
31,392
260,017
302,058
290,256
333,450
83,055
(40,401)
186,927
227,328
269,982
186,927

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 17 to the accounts.

8

Headway Somerset

Balance sheet

As at 31 December 2024

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Current asset investments
13
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
14
Net current assets
Net assets
16
Funds
17
Restricted funds
Unrestricted funds
Designated funds
General funds
Total charity funds		 £
30,569
176,898
70,396
277,863
(9,737)		 2024
£
1,856
268,126
269,982
104,549
25,000
140,433
269,982		 2023
£
732
38,679
150,700
40,833
230,212
(44,017)
186,195
186,927
51,232
25,000
110,695
186,927

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 9 May 2025 and signed on their behalf by

Ian Topping

Ian Topping - Treasurer

9

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

1. Accounting policies

a) General information and basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Headway Somerset meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves and confirmed future funding. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

10

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

1. Accounting policies (continued)

f) Funds accounting

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity. These costs have been allocated between cost of raising funds and expenditure on charitable activities on the basis of staff costs:

2024 2023
Raising funds 11.3% 8.6%
Charitable activities 88.7% 91.4%

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment 33% straight line
Office equipment 33% straight line
Fixtures & fittings 15% reducing balance

Items of equipment are capitalised where the purchase price exceeds £500.

j) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

k) Current asset investments

Current asset investments consist of cash held on deposit in interest bearing accounts which is held for investment purposes rather than to meet short term cash commitments as they fall due.

l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

11

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

1. Accounting policies (continued)

m) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

o) Operating leases

Rentals paid under operating leases are charged to the statement of financial activities as they fall due.

p) Pension costs

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

q) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key source of estimation uncertainty that has a significant effect on the amounts recognised in the financial statements is depreciation, as detailed in note 1(i).

12

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

2. Prior period comparatives - statement of financial activities

Income from:
Donations
Charitable activities
Other trading activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
3.
Income from donations
Donations from individuals
Community donations
Gift aid reclaimed
Friends scheme
Corporate donations
Total income from donations
Net income / (expenditure) and net
movement in funds		 Restricted
£
£
-
27,587
73,630
185,400
-
140
-
6,292
73,630
219,419
-
31,392
55,080
246,978
55,080
278,370
18,550
(58,951)
2024
Restricted
Total
£
£
£
-
10,948
10,948
-
9,350
9,350
-
1,675
1,675
-
280
280
-
-
-
-
22,253
22,253
Unrestricted
Unrestricted		 2023
Total
£
27,587
259,030
140
6,292
293,049
31,392
302,058
333,450
(40,401)
2023
Total
£
9,009
17,320
1,167
-
91
27,587

All income from donations during the prior year was unrestricted.

13

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

4.
Income from charitable activities
Grants received
The National Lottery Community Fund
The Henry Smith Charity
Garfield Weston
Somerset Community Grant
Somerset Council Acquired Brain Injury Grant
The Norman Family Trust
Other income from charitable activities
Somerset Social Services
Client fees
Total income from charitable activities
Prior period comparative
Grants received
The National Lottery Community Fund
The Henry Smith Charity
Garfield Weston
Somerset Community Grant
Cooper Associates
Somerset Activity & Sports Partnership
Tesco Community Funds / Groundwork UK
Clark Foundation
Other income from charitable activities
Somerset Social Services
Client fees
Total income from charitable activities		 Restricted
£
£
18,373
-
55,150
-
-
25,000
2,500
-
95,000
-
1,000
-
-
101,738
-
43,318
172,023
170,056
Restricted
£
£
36,840
-
27,200
-
-
25,000
-
9,000
5,000
-
2,815
-
1,375
-
400
-
-
123,183
-
28,217
73,630
185,400
Unrestricted
Unrestricted		 2024
Total
£
18,373
55,150
25,000
2,500
95,000
1,000
101,738
43,318
342,079
2023
Total
£
36,840
27,200
25,000
9,000
5,000
2,815
1,375
400
123,183
28,217
259,030

14

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

5. Income from other trading activities

Income from other trading activities
Other fundraising events
Total income from other trading
activities		 Restricted
£
£
-
3,167
-
3,167
Unrestricted		 2024
Total
£
3,167
3,167		 2023
Total
£
140
140

All income from other trading activities in the prior year was unrestricted.

6. Government grants

The charitable company received government grants from the National Lottery Community Fund and Somerset Council to fund charitable activities (2023: National Lottery Community Fund only). The total value of such grants in the period ending 31 December 2024 was £113,373 (2023: £36,840). There are no unfulfilled conditions or contingencies attaching to this grant.

15

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

7. Total expenditure

Total expenditure
Staff costs (note 9)
Premises costs
Accountancy and professional fees
Travel and subsistence
Office and admin costs
Insurance
Telephone and internet
Advertising and marketing
Printing, postage and stationery
Tuition and training
Depreciation
Sub-total
Total expenditure
Allocation of support and
governance costs		 £
22,036
-
-
-
-
-
-
-
-
-
-
22,036
8,203
30,239
Raising
funds		 £
172,556
15,805
-
6,555
868
-
-
-
-
-
-
195,784
64,233
260,017
Charitable
activities		 £
40,476
8,381
12,195
-
5,824
2,273
2,152
472
109
178
376
72,436
(72,436)
-
Support and
governance
costs		 £
235,068
24,186
12,195
6,555
6,692
2,273
2,152
472
109
178
376
2024 Total
290,256
-
290,256

Governance costs were £2,280 (2023: £2,130).

16

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

7.
Total expenditure (continued)
Prior period comparative
Staff costs (note 9)
Premises costs
Accountancy and professional fees
Travel and subsistence
Office and admin costs
Insurance
Telephone and internet
Advertising and marketing
Printing, postage and stationery
Event costs
Depreciation
Sub-total
Total expenditure
Allocation of support and
governance costs		 Raising
funds
£
19,744
-
-
-
-
-
-
-
-
4,668
-
24,412
6,980
31,392		 Charitable
activities
£
209,607
14,650
-
2,801
893
-
-
-
-
-
-
227,951
74,107
302,058		 Support and
governance
costs
£
41,761
8,547
8,302
-
12,863
1,232
2,396
4,244
118
-
1,624
81,087
(81,087)
-		 2023 Total
£
271,112
23,197
8,302
2,801
13,756
1,232
2,396
4,244
118
4,668
1,624
333,450
-
333,450

17

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

8. Net movement in funds

This is stated after charging:

Loss on disposal of fixed assets
Depreciation
Operating lease payments
Trustees' reimbursed expenses
Trustees' remuneration
Independent examiner's remuneration (excluding VAT)		 2024
£
253
376
3,450
Nil
Nil
1,900		 2023
£
-
1,624
3,450
Nil
Nil
1,775

9. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs		 2024
2023
£
£
221,288
256,372
9,693
10,426
4,087
4,314
235,068
271,112

No employee earned more than £60,000 during the current or prior period.

The key management personnel of the charitable company comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel were £50,665 (2023: £37,240).

Average head count 2024
No.
13		 2023
No.
16

10. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

18

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

11. Tangible fixed assets

Cost
At 1 January 2024
Additions in year
Disposals in year
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
On disposals
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
12. Debtors
Accrued income
Trade debtors
Prepayments
13. Current asset investments
Cash held on deposit		 Computer
equipment
£
19,563
708
-
20,271
19,563
79
-
19,642
629
-		 Office
equipment
£
670
-
-
670
670
-
-
670
-
-		 Fixtures
and fittings
£
8,317
1,046
(1,860)
7,503
7,585
297
(1,606)
6,276
1,227
732
2024
£
26,005
2,361
2,203
30,569
2024
£
176,898		 Total
£
28,550
1,754
(1,860)
28,444
27,818
376
(1,606)
26,588
1,856
732
2023
£
30,671
4,731
3,277
38,679
2023
£
150,700

19

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

14. Creditors : amounts due within 1 year

14. Creditors : amounts due within 1 year
Accruals
Other taxation and social security
Trade creditors
Other creditors
Deferred income (see note 15)
15. Deferred income
At 1 January
Deferred during the year
Released during the year
At 31 December		 2024
£
3,346
3,257
2,345
789
-
9,737
2024
£
30,804
-
(30,804)
-		 2023
£
8,523
3,743
8
939
30,804
44,017
2023
£
30,803
30,804
(30,803)
30,804

Deferred income in the prior year relates to contract income received in advance.

16. Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 December 2024
Prior period comparative
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 December 2023		 Restricted
funds
£
-
104,549
-
104,549
Restricted
funds
£
-
51,232
-
51,232		 Designated
funds
£
-
25,000
-
25,000
Designated
funds
£
-
25,000
-
25,000		 General
funds
£
1,856
148,314
(9,737)
140,433
General
funds
£
732
153,980
(44,017)
110,695		 Total
funds
£
1,856
277,863
(9,737)
269,982
Total
funds
£
732
230,212
(44,017)
186,927

20

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

17. Movements in funds

Movements in funds
Restricted funds
The Henry Smith Charity
Clark Foundation
The Norman Family Trust
Total restricted funds
Designated funds:
Garfield Weston
Total designated funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
The National Lottery
Community Fund
Somerset Council Acquired
Brain Injury Grant
Somerset Community
Foundation
Somerset Activity & Sports
Partnership Part 2		 At 1
January
2024
£
26,616
23,996
445
165
10
-
-
51,232
25,000
25,000
110,695
135,695
186,927		 Income
£
18,373
55,150
2,500
-
-
95,000
1,000
172,023
25,000
25,000
176,288
201,288
373,311		 £
(44,989)
(48,342)
(625)
-
-
(23,750)
(1,000)
(118,706)
(25,000)
(25,000)
(146,550)
(171,550)
(290,256)
Expenditure		 Transfers
between
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 £
-
30,804
2,320
165
10
71,250
-
At 31
December
2024
104,549
25,000
25,000
140,433
165,433
269,982

21

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

17. Movements in funds (continued)
Prior period comparative
At 1
January
2023
£
Restricted funds
28,177
The Henry Smith Charity
-
1,000
-
3,505
-
Clark Foundation
-
Cooper Associates
-
Total restricted funds
32,682
Designated funds:
Garfield Weston
-
Hospital Liaison Development
20,000
Community Cafes Pilot
5,000
Family Support Worker
10,000
Rehabilitation Services
-
Total designated funds
35,000
General funds
159,646
Total unrestricted funds
194,646
Total funds
227,328
Unrestricted funds
The National Lottery
Community Fund
Somerset Activity & Sports
Partnership Part 1
Somerset Activity & Sports
Partnership Part 2
Somerset Community
Foundation
Tesco Community Funds /
Groundwork UK		 Income
£
36,840
27,200
-
2,815
-
1,375
400
5,000
73,630
25,000
-
-
-
-
25,000
194,419
219,419
293,049		 £
(38,401)
(3,204)
(1,000)
(2,650)
(3,060)
(1,375)
(390)
(5,000)
(55,080)
-
(20,000)
-
-
(15,000)
(35,000)
(243,370)
(278,370)
(333,450)
Expenditure		 Transfers
between
funds
£
-
-
-
-
-
-
-
-
-
-
-
(5,000)
(10,000)
15,000
-
-
-
-		 £
26,616
23,996
-
165
445
-
10
-
At 31
December
2023
51,232
25,000
-
-
-
-
25,000
110,695
135,695
186,927

22

Headway Somerset

Notes to the financial statements

For the year ended 31 December 2024

17. Movements in funds (continued)

Purposes of restricted funds

The National Lottery Community Fund

Funds for a volunteering project called 'Making Headway'.

The Henry Smith Charity

Funds for a new project providing help to people at a time of crisis through education awareness, peer networks and rehabilitation assistance.

Somerset Community Foundation

Funds towards the Talking Headway Helpline, reducing mental ill health, loneliness and isolation of adults with acquired brain injury in Somerset.

Somerset Activity & Sports Partnership Part 2

Funds for sports equipment and rehab staff.

Clark Foundation

Funds to contribute to the costs of a sensory garden.

Somerset Council Acquired Brain Injury Grant

Funds to support the development of Headway Somerset’s community offer to people affected by acquired brain injury.

The Norman Family Trust

Funds to contribute towards the costs of providing the Talking Headway Helpline.

Purposes of designated funds

Garfield Weston

Core funding to support Headway Somerset in adapting to significant changes in the local NHS and social care commissioning environment, engage with the work on a proposed new neurorehabilitation service in Somerset and listen and respond to the needs of people living with ABI and their families.

18. Operating lease commitments

The charity had operating leases at the year end with total future minimum lease payments as follows:

Amount falling due:
Within 1 year
Within 1 - 5 years		 2024
£
1,725
-
1,725		 2023
£
1,725
-
1,725

19. Related party transactions

There were no related party transactions during the current or prior period.

23