REGISTERED COMPANY Nu1￿[BER.. 04884834 (Englgnd WAle81
REGISTERED CR4RtTY N[￿lBER. 1100376
PORT OF TH
FINA
L sTATE￿IENTs FO
E YEAR EIYDED 31 DE
MB
FOR
HEADWAY SllliOPS
D.R.E. & Co, (Audit) LimÈted
KingslaTrdHouge
39 AbbeyForegaie
Shre￿b￿ry
Shwpsbire
SY26BL

HE4DWAY SHROPSHtRE
CONTENTS OF THEFINANCL4L STATEfvtE
R THE TrIAR
NDED 31 DECEMBER 2023
Pige
Report of the Tn]stees
I to 8
Report of th¢ Indtpendtnt Auditors
9 to 12
State￿ent of Fin81J¢Lal Activitl¢S
13
BalarL¢¢ Sheet
14
C95h Flow Statemtnt
15
D4otes to the Cash Flow Stat¢rn¢n¢
16
Note8 lo theTin8nci#l Stitements
17 to 27
Detailed St&temtTht ofFIDantial Attivities
28 to 29

HEADWAY SHROPSHlllE
REGISTERED Ntll*lBER: 114884834
RKP
RT OF THE TRUSTEES
FOR'I'HE YEAR EM)ED 31 DECEMBER 202
The tru51¢¢5 Nvho are aL80 dtrtelois of the charity roy the purwses of th¢ Companies Act 2006. pr￿ent their rep)rt
th¢ f￿￿￿¢￿￿1 statements of the chuity foi. t1￿ yearended 31 Dec¢iDber 2023. T￿etr￿te¢s have adopt¢d the provtsior6 of
Aceounting and Rewlting by Cltsritie$'. Statement of Recommended Practice applicable lo clw'ities preparing th¢ir
8ccounls in accordw]ce Mqth F1th￿￿JaI Reporting Standard appbcabl¢ tn the UK and Rewblic of Irelalld IFRS 102)
{cffectiYe l JaRusry 20191.
OBJECTIVES AM) AcfiviTIFS
Objoclivcs and aims
In aceordance Mqth the Articlcs of Associatioo th¢ objeets of the charity are lo provi¢k krrfoimation. Advice, Support O]Ki
rehabilitation sav1￿5 to people wirh an acquired br8irt in3￿, thcir ra￿1]l¢S a[￿ ¢￿T$ wh) reside llj Shropshire gj
Telford & Wrekirt.
Our objectivc and alm witli our seivic£s is to improve qual%ty of life pron)ote the indepeThdeJJce of & person
wth an wuired brain injury whilst 5UPPOrting [￿nity Wld ¢wrrs.
Page I

HEAD
Y SHROPSKtRC,
RECISIERED NIIfvIBER.. 04884834
REPORT OF THE TRUSTEES
FOR TIIF. YF.AR LYDED 31 DEC
BER 2023
OBJECTINTS AND ACTIVITIES
S¥nificatkt 2ttiviti¢8
2023 has Seen H￿d￿dY Shropsliire contiuu¢ 10 &dapi amidst evolving tirtumslance5. W¢ mAttitatiJed our Covid-lg
polieie8 and procedutes in with changing goverrnneTht gutdeli[￿ throuBboul the year. Our Community W¢llbeing
Centir succe%sfidly deliveicd its day seiviees tm'ee d&y5 a w¢¢k (Mortday, W¢dnesday, Friday), while our ABICS
s¢rvic¢ wntinued to provide esgetti1￿ support in ¢li¢ntg homes and ¢ottunullilies. Having txperieJ)eed a decrea8e in
lient numbe13 dur￿8 and imtncdiatelypost-covid, these have gradually inoreased Ilrougho￿ 2023.
The Community Wellbeing eentr4 whith reopened with tl* support of a Nationd t￿ttery ￿￿ttl post4ovid, Itceived
Ili¢ fsnal paymertt for tlis grant in early 3attuaiy 2024. centre is projwted to be fvIIy 8Wtainable to conii]Jue
delivering lis seE%ic¢ throu8knut 2024 and Iwond. Thc supwrt of the Nalion*l Lottery rn over the post 3 years has
en pivot&l lo t1￿ suecess of Cont￿U￿g our cotnmutiity wtllbe£ng eetttre suwice p0st.cov1￿ #nd we 8re cxtremely
tefvl for Ilieirsdpwrt.
W¢ hav¢ 8150 received & Dwllber of grants and (k)natiotLS durittg the )rar in aildition to the thttdin8 from The NatiOn8J
Lottery, for ￿leh we sre very ￿8t¢t1￿ and whieh have helped us lli dev¢loping Ibe centre and the seNitts wc can offer
clietits.
2023 also brO￿ght sigtLificaDt changes irt key thattaEement within the charity. The fomer C.Fn Fe%igttiL and a
operalsons director w88 ￿ntrOduCed as & temsM)rary tnea3ur< cubniswtsng in Iheii appoillnnent as CEO at the etKi of tiie
)¢ar. Addiliondly. inew re¥steYed manager slld nominated individual wcr¢ aptx)tnted. This Cbange in key msnage]]Knt
has alt¢red the stsJl¢¥iC direction of Hetdwdy shi.0￿￿h1rE, wsth a full fingncigj 8nÉlysis cottducted to inforjn future
s¢rvic¢s and activities. along with an ovettsul o(pr￿eSseS aod procedures to smprove the effici¢ncyof ￿ cimrity.
Headway Shropshite is also registered with the C8xe Quality Comthission ICW). Changes were tnade to how CQC
opei'ates in 2023, with key guiddncc ¢XPeCt¢d W¢ contittue to mowtoi. Ih¢s¢ dcv¢LopmeJJts clos¢ly to ensure
compliaKe and maintain lll8h 5tartdards ol'c8x¢.
STAFFINO
We would likc to tgJ(e tliis opportijttity lo thank all our Eeaox meD)bers for thei¥ hard wot* and d¢dic&tion to Headw
Sh￿PShirt.
Nwnber of Employees
ABICS
Comt]Junity W¢llb¢ing Cethlre
A<tsninistration
2Q23
29
2022
27
At Headvdy ShropshiK, Me are eommitted to building a cohesive teaEtt that 0￿rat¢S ￿ a UDifitd titiit rather th8D
segrcga*¢d depÈrb*ents. This sntegrated approach eneompBsses Ihe offitt, Community Wellbeing CentrG ABICS
seivxce, ensuiiTrg Scatrk￿ Collai￿ratiOn and communication across ail areas.
Wf pritsritise the devetopillent and growth of our team by fi￿d¢ll8 certain qualifJeatiot18 to enha[￿e le8rnirtg &n(E C￿e¢r
progression. This invest￿¢￿t iti OW 5tatYs educaiiott ￿de18C￿leS our corortiiiment to theii. professiond dcvelopment and
on8-lerm carc¢r 8spiralions.
To furthe¥ ieeognise gnd a¢ktLQW]edge our team, have cuntinued ow. Employee of the Moath, r¢roBtiilion awgnl.
celcbraiing the hwyi WO￿ &rtd dedication of our team meDJIKr& We also have robust diversity and inclusion policies in
pla￿ et)suring in¢lusiv¢ 8JKi supportive w)rkenvirotmRrt foi cvcryo
Regular supervision gnd at4)i*isais are cOnd￿kd to PTovide ¢ontinuous feulback and support. fosterirtg a supportiv¢
&nd growtli-oi'ienled woi'kplace.
Page 2

HEAD
AY SHROPSHlliE
REGISTERED NtIMBER,. 04884834
PORT O
THE TRUSTEE
FOR THf,. vTr:AR KNDED
I DECEM
23
O&JECTIVES AIYD ACTIVITIES
cL￿NTs
n￿oUghout2023, illl)ergryof a¢ltviti¢s atHeadway Slwopshite has continuedto dtvelop and expand. We ￿tFodUced
mttqic th¢rapy* WI￿¢￿ has been ￿11-rectIVed by our clie￿¢4 and conltllued our weekly social days featW'ULg tictiviries
sucE) as bowbfjg and dirtin8 ai local r¢5tsurartts. Add*tionally. ￿ launched social evellin￿ at a local g£mes cafe,
providing ou¥ cltents with ttew opporLtinities for ellgagcment and enjoymetiL We wntittue to ensure our itine¥ary is
fwged on skill buildtijg and the rtablemellt of ow cliellts. We are committed to developing the service via
CO.PTodu¢liofi witii our clienw conduciirtg bi￿nnUal surv¢ys to colltcl vaithle quaniiiative ¥j￿ qualxtative feedb2d( 10
inform our continuous evalvet5]cnt and strategies.
The aptyjinimeni of a J*w coordiuator at tht Community Wellbeillg Centre has led to a tompreh¢nsiv¢ ove¥haul of our
daily 2nd w¢¢kly itiJ*raryy re%wltin8 in a more structw'ed approacb. Key Workers h8v¢ been a88iglled to ensu
Isottali8¢d a[￿ eoo8ist¢nt c￿. Sign￿l¢￿ttime 8t￿ effi)rt have been invested in overhaul￿8 slldividualised car¢ plikn
enswiaJ8 person-eellts'ic at the CommuTrity W¢llLKiD8 Centre. FUrther￿or￿ the consistency of kcy workers ha8 been
emph&sised in O￿ABICs service. ¢n5uiuig ¢otttllJuity iEli&bilityof we ouy eli¢nl5.
Du¢ lo the increased Jrturnof clients to the Commuwty Wellbeing Centr¢, Nr ttmpotarily discontinued our'H¢adway &t
Home. s¢rvice. However, we aLknowkdge the unrK)1I8nce of Ihc Hcadway ÈtHomt servtce to enswe accessibility lo o
seivi¢¢s for all. C.all%equ¢rtlly. currently seeking grdrtts to researLh and Lkvelop tius serwce lo Elltct Ihc new
requivements of 2023 and beyord. This includes a1i2Thll￿ Mryth digital cnb8ncemelllS in care ¢oliabo¥ating wsth 1(Kdl
uthurili¢S and healthboard% to enstre stsramlined artd cffectiV¢ Services.
Publ1¢ benÈfit
t)etAils 35 to th¢ eltsrity's activities ore for Ilje publiL Etrtefit w¢ pr(Jvided in the objectivcs 8lld #Clivilies sectioTr
abov¢. The trust¢e5 Co[￿1[[￿ that th¢y bave complied wit11t￿ dw in section 17(5) of the Clkuities Act 2011 lo have due
gaiyS lo public b¢ll¢fitgvid￿e published by the Clwity Commiss*o
Volullteers
We call h2V¢ UP to 15 Board Members a¥e all volurteer& however, the boardhave weed that thrre wiu be JKk Jllare
than 12 el¢cl¢d ts￿&[ee8 at one tinie le dlow for a balanetd working grou
Itt 2023, we did rtota¢tsv¢ly advertis¢ for volurtteer& L￿d th¢ye2r to consolidate our efforts ortdembed new
nianagers tbrougiwut the oiganisatiofj focus*ng on ￿lIding 51rong wr¢ teams of stsff.'I'liis approa¢li bas allow￿ us to
5ttertgthen our inl¢inal stiucture i)nd enswe a %tabtc ond suppoitive enYirontn¢nt for both our staft and ¢li¢nts.
Future D¢velopJnehts
tA)okitLg thead lo 2024, Headway Shropshire is committed to continlling thE enhaocemeni and expansion of our Se￿ice$
to beiier supwrl our clÉenls. One of our key goals is 10 fi]rther develop the 8Ctivities ￿]d progranjs offeid &1 the
Caitjmullity WellbeinE C¢ntK We plan to Introd￿Ce t￿ra￿Ut1¢ activities and expgnd our existing offeting&
including more diverse and¢n8a8tiJg so¢iaI evertts to foster ¢0m￿UnIty and support reabl¢n*ni.
A majtt for 2024 involve5 dpgrading the facibties at the u¢lllKing c¢nire to £ieate & more *nclwiv¢ at
Jccessible enViro[￿ellt. This iocludes the devclopmcnt of Èn aectssible ggrden with r8ised bE&, the iTrstaU&tion of
multt-level accgssiblc kitchen equipmefit, and the creation of Theiv activity rooms for IT and woodworking. These
entw]¢¢me5￿ aim to itnpiDv< aCc￿Sibility and provide additsortal th¢ra￿￿tle spaces for clients.
To ad(b-ess ongoiD8 ¢hallen8es in service provi5iofy hop¢ to Expand our s¢ivite days froni thl'ee te five per wtek and
intrDducing evening se58ions to ffjduce so¢id isolation. W¢ ￿t also ¢Xp1ur￿g LTrPtions foi piDv*ding ¢m¢rg¢rt¢y
sponsored plactmenls to piovide 1mnjedl￿e car¢ foi. awaiting loDg-tcim tundin& ensw'ing tit3Klysuppori. We are
also f(K4]sing on eEd22tscin8 our digilal c3pabilitie& This includes seekirtg grants to resEar¢h and develop our 'Headway
at Home. setvice, eAquring il m¢¢t5 the needs of our clicnts and alipts with digital advartcements in care.
Additionally, are committed to Tr￿intel￿n8 and UllPToving the quglity of care by invttiing in 5tatT training and
d¢v¢loptnenl. We will a150 slrertgthen feedba<* mechanisms to Cotitinuously gather valuoble insights from our Clients
nd other slakehold¢r& and m9ke d&ta-driven improvemems to Qui. services. ThrOughti￿ge INtiati￿S, to ere&te a
robust and adwble Servi￿ fraTricwo¥k tli&t weffectively t￿ J￿¢d$ olotsr commututy.
Pag¢ 3

DWAY SHROPSHIRE
REGESTERED NUF¥lBER.. 04884834
REP
RT OF THE IRUSTEILS
FOR THE YEAR EF4DF.D 31 DL
EMBE
23
FJNANCLIL REv￿w
Financial p08ition
For tbe year under iEview. incoD%¢ from clwitabk aclivitits totsll¢d £1,099,084 12022.. £939,840) with voluntary
iticom¢ of £21,848 12(Y22.. £11,373). Charitabl¢ activities direct costs ￿[e £877.334 {2022.. £781.1711, managcm¢ttt
an41 adniini3tration costs of thoritabl¢ aetivitiGS were £125,509 12022.. £131.0861 running costs building
rnaintenllnce lotalled £97,31712022.. £101,076). Goverllgllc¢ costs we £15.174 {2022.. £11.8731.
As shown inthe state11￿11t of Financi21 Adivities, Ibis gen¢Tated attetsurplus ot £5,598 for the year12022.' net deficit of
£73.9931.
PrincÉp#l thttdlng soU￿¢S
Community WcllbeinB Certtie services 8r¢ dI￿ged kyr day. ABICS Is Char￿d At ats liourly rat¢ agrttd by the
comm*￿i0￿n8 agents depertdcnt on the rteeds of the cltent.
All othei. fundi￿ Ès throuBh generosity of people who fiMdrais¢ th donate to ￿ and t1￿ltable ￿￿titutiOnS Nvh08e
object8 at¢ compatible with those of Headway ShropshtLE.
Fuodr*ising
Thc cbarity did ttot work wth any COU￿Atr¢la[ participators oj. proftssional fundrsssers during the )EaT uThler review.
The chaTKly is rtot SUbj￿t to ats undertsking to bc tK)und by any wolunlary scheTh¢ foT regulating tun(krdisin& or any
voluntary slatsdard of fi]rtd-raisin& in r¢S￿ct of ils activities. No Lomplaillts h&ve ken recttved knut activitics by th¢
ch*'ity foi. the PUiPDse of fwidtaisirig. lrt all fundr￿8]llg activities during the period, tTrte cliw%ty ha5 ittken steps to proteci
the public. including vuirterable people, froln u￿r¢￿t￿ble itttsijsson on a pctson's privacy, u￿reasOnablY p¢rsi51ertt
8pproa¢EKs or undue pressure to give.
InYts*ment policy and obleetives
The Articles of Associatiott and TLllSt Deed a￿d￿liSeS the tnL5tees to %nak< hO￿d aod chgrtge inycstments at their
discLrtion.
Page 4

HEAD
AY SHROPSHIRE REGISTERED NUf*lBER: 04884834
RTOF
HE TRUSTEES
FOR THF. VF.AR LtNDED 31 D .
EMBER 2
vtNANCL4L REVIEW
Reserves Ebollcy and going totheern
ThB Charity cO￿t￿iS$loO r¢comnJ¢nds reserves ro be held 10 allow for SLY mortthg running costs in the event of
liquidation. Our estimate of the valuB of six month5 rut￿1￿8 costs is cunrnuy £558,000. The ov¢rall U[￿esti.i¢led fwidg
at the et￿ of 2023 ￿ £214.619, which wt knpE to <ortttiwe to ￿lId up to meet Ihc lev¢1 rrwmmejmied by th¢ Chsrity
Conunission.
The total fi]nds kKld by tbe ch￿lty at 31 DecemLrr 2023 are £3l4.758, tlu5 iDcludc8 restrict￿ ful￿$ of £l(M),139
relating to the Headway House buildirtg.
Mtsst of the ful￿1ng foy ¢Lients' care ar￿ iEhabiliiation comes froth the NHS or the relevattt local &uUwrity. This Makes
the or8aiijs*lion vulne¥able wheiE public molley going to those bodies b¢coin¢s ￿treasinglY restricted. In addition it 15
often the c￿e thtti changes io a diertt's <ondÉtion that they cease to be fund¢d by on¢ body and bw)tne the
fllk]ncial iasponsibiiity of anolhei.. Tlys piocess can iesult in delay5 irt fi￿ding paytnellts b¢iD8 received. OYJ this basi5
it is vital th&t sutfici¢nt cth is retained th¢ orgawSati￿ to ￿loW foi. t¢rnporgry dejuys iti the collection of fLll￿ due
and to give lime lo gdjusl to varysng fufidlljg levels. Tkrefor¢ aim lo hold 2 ]nollths uftuMiiJ)g costs, ap￿0￿matelY
£186,0(X), OD deposst ll) addilioii to ensuring that sufticient timds hand in cutyellt actouni to meet liabilÉties
as Uiey fall due. At 31 tlecembei. 2023 Ik ewrent accoum balgn¢¢ w3$ £71.351 wid deposit aLcuunl bal8￿CeS 5EMd at
£46,960, wilh th¢ accounts now being in A munthly surplu5, 1¢ 1$ platsned tlmoughoul 2024 attd beyond to cortliNe to
increax this incranentally lo reach the plaThncd amoun
That said, we have secn ￿n￿ease in private fundiTrg irt both the commtinity m￿lIbeing centtE 8nd our ABICS service,
and expanded our n¢twork of funding bo<tie5, effectively diversifyitLg our risk. Thi$ divetsifjcalion tnc]ude5 eThgaging
with tnore man&gers and deputies. wthich broadens our funding base and redllces rejiance on sujgle souree.
The Trust¢¢s have review¢d the CiTLlltsnstances of Headwdy ShroFshire and CO￿lder thaÈ adequate re￿￿£¢5 continue to
b¢ available lo fi]nd the aclivil%¢s of th¢ ch￿.]ty toi the foLEK¢able fiLtw'e. Th¢ cost-sxvsnB inilialiY¢s a￿d coftiprehens&V¢
fthallcial aNalysis conducted in 2023 Ii&ve reall￿ed our seNice cosis 8nd income. gignifJe¥JJtly improving our fLtWLcial
posiliotL tksptte receiving less than half the ofN8tional Lott¢ry funding in2023 comparcd Iv 2022. ieEx)tted
a surplus, demon$tr8ting th¢ elye¢tiVell￿ ot'our cost Lontrol mtaswes. Wbile National Lottcry funds Mrr¢ *iU wital ro
¢)UT f￿ancial Stab￿lty in 2023. forec&sL% piY)jcctions for 2024 ÉrtdtC81¢ tIEal wrwill be ￿S[ainable ongoin
The new mgnagemcnt team has idertlificd strrams of firture fundipg ha8 reasonabl¢ a55WXrtee Ih&i the chkvity will
continue (0 s¢CUtc suffficient funding al￿ donaitons to 8UPPOrt its dcllvi1￿s. Our tirture focuses inclllde corporate
(knnalions. local busi1￿&S cullaboratlOD5 fo￿ fundraising event%, nth(¢h funding Opp)rt￿mties, and key giartt applicatiOnS.
Fundiaising and gi?nts are ]Jow Jnsnaged in a strUctu￿d mztJneK, with on plart ￿ place. The Boa¥d and
dedI￿ted tcarn at Headway Slyupshir¢ arc as comtnitted ￿ ever to delivering thc hi¥K8t quality service possibl¢ to our
clieals, ensutillg th¢ chsjrity iEinat]ts a goiug concem for th¢ foreseeable The truslccs and maDagemeni are
confiderti in our ability to t**et financial obligalioL8 a8 they ￿lSe and to ette¢tivdy any wtenii&l till&ncial
ri4ks.
On that b&4i8 tlic Trnste¢s ￿ of the view Ilwt the ch￿ty is a going coneern, they a¢knoMqed8E th&1 a material
uncertainty respect of going conc¢Lll eyisES due to the utheiEtLI urtcerta￿ty of fllt￿re fimdtng 8nd w5ts. T&lls is
plained fuith¢r ill note 2 uf the fmaacial $latertient&
Free Reserves
At 31 Decembei. 2m the freely available reserves totalled £214,61912022.. £183,852).
STRUCtMi& GOVERNANCE AI¥D f¥lANAGEMKNT
Governlng doeunjtllt
The ch￿'lty is conhDllcd by its governixg docum¢n4 a deed of trusL 8rtd constitutes a limited th)mpanys lirnited by
guar8th¢¢, Bs derts￿d by Companies Act 2006.
Appoirtlment of Trusteu l Director5
The trLtslees aKe appO￿ted by the voting metnkrs of th¢ ¢hority at th¢ anllual g¢neral DJeelin8. Tr￿lee8 may serv¢ for
th¥ee ￿￿eCutiVe years IhetL re-stand foi eleciiott.
Page 5

HEADWAY SElliOPSHIRE
REDN
IBER: IN884834
REPORT OF THE
TKES
R THE ITIAR ENDED 31 DECEMBER 2023
STRUCTURE, GOVF.RNANCEAND I¥IANAGEMENT
Organisatiot*al Str￿¢1￿*% and dccision mlluttg
The t￿te¢S govern th¢ diarity thyough a Ellanagement boaTd. The skanogement b09rd employ a full-time Cliief
EX￿Utive ￿ OP¢TatiODal tnttnaEer. Tr org831isationaJ 5trnct￿t tsf the charity is clesi'ly showi in our orgartssation cbart
available in our Hexdway Sralldards.
D¢tision making
AII o￿TI￿o￿al decisi¢)lls are Inade with the authorisation of the Chief Execuiive. Strattgsc dechsions andlor those with a
fitsanc1￿ inipllcalionof over £l,IIDO are rnade by the Headway Shropshirc BO￿
tnduetion and traithirtg olnew tru8tees
AII BoÈTd membtES receive 82) iThi￿ts0￿pack before their fwst meet￿g whicli %n¢ludes'.
- Mintstes of the ptrvious three boardJJKetiogs (MO￿ available on request)
- Ow memorsJ]dum and ￿tick$ ofassoctatioD
- A role desLiiptiort
. Meetfftg and events dgtes for the cuttCttty￿r
- Confidentiality fonn
- DBS disc105uie applie&tion form
. TTUStee declaration
- Itsforjndtion for Companies Hou*
- Copyof t￿ last new51etter
Bussness plan
- Last annu81 report
- The Essential Truste¢.' An illtroduclioJ]
- The Es5utial l-rustee.. What yots nccd to krrf)w
K¢y DiaThagtmtth* remunerAtioll
Remuneraiiojj for key &nanagegllent Frsortnel ts d￿¢￿Sed at tTr￿ theeiin8S On art annual basis.
Wider nttwork
Headway Shrupshire is a ¢har*ty affiliated to He2divay- The Bi'ain Injury Assnciation. As art atribatc ￿ Si￿ up to all
of Ileadwal5 policics and procedures. We gre also audited by th¢m annually to ensure we meetin8 their 5tanduds.
We bettfil from receiving sorne oFour iDSLW*K¢ through the￿ ￿orts with le8￿ employmellt advice frotn Irwin MiteheLI
for which ￿ make an Pdyrnent lo Hcadway.
Risk management
Tb¢ trusEees have 2 duty lo identify Ind revieNv the risks to which the charity 15 exposed and have ensuted that
apwopriale systems and ryocedures are in place to m8n8g¢ ri8ks &lld to provide re8son&ble assurartce winst fraud
and error.
REFEREIYCE AND AD￿lIN1ST11ArTh1E DETAILS
Regi8t¢r¢d Comp*thy number
04884834 {EnEiatkl and Wales)
RtgÉ8t¢rcd Charity ttumber
1100376
Regist¢red office
Headway Hou
HO￿￿￿rth Park
Oxon BusirK55 Park
Shrew51x
ShTopshire
SY3 5HJ
Poge 6

HEADWAY SHROFSIIIRE
REGISTERED
8A834
REPORT OF THE TRUSTEES
R TItE YKARENDED 3
DE
EMBER 2023
Trll5tets
J Atknrs Deputydwir
T Lunt Chair
Ms S D Hughes (resigned 8.10.231
Iivinters
Truststs ￿s0 dIl￿{or5 of the Company.
Con)pany Sectelary
T Lurtt Iresigoed 12.4.231
Ms N W RoESit¢r latvoitited 12.4.231
Cliief Executive Offitti.
Ms S D Hu8li¢s (resigned 8.10.23)
MSN W Rossiter
Auditors
D.R.E. & Co. {Auditl Limited
Ki]JgsJsnd House
39 Abbey Foregat¢
shr¢￿￿b￿Y
Shyopshiit
SY2 6BL
Tbe O)mp8J)y ss regislercd with tile Charsty C¢ijJm￿sSloncts for Engialld pnd Wales ss a charty. its 1¢8istered is
[1￿376.
The CoMp￿Y 15 litDited by gLwantee iknes noi b2ve a sbare capital. Its registered company is 4884834.
The charity is an atfiliated member of iILe naliottal d)ariry He2dway - tk br&in injwy #5scLiaueD Ircgistered no.
2346893).
TRUST£1 ESI RESPONSIBILITY STATEMENT
Tr l]iJslees Iwho ￿ also tlie directors of Headway Stuopshire for tbe purposes of comparty law) ¥e r¢sport8ible for
pKpaTiE]g the Repoit of the Ti'usteES the fjnancial state￿entS itt accordance with applicthle lawartd Uwted Kingdom
Accounting st¥￿￿81￿ts (United Kittgdom GcDerally Atcepied Aceout]ling Pr8¢ti¢¢).
Company law Kequi¥e8 th¢ trustee% tQ plE5m￿ f￿anCial slat¢m¢]Its for e&ch fitwicial year wluch giv¢ a Iiue Énd fail. view
of tbe state ofaffairs ofttK Gharitable ¢omp*ny SNI of tlie inCOTning rcsources and application of regoure¢8, incliiding
irtumc and eXpet￿lturt, of the ch&itable coTllpany for that peiiod. In prepÈrillE tbose financial statanents. the
tntstees axe requir¢d to
seleet suitable aecounting policies and then apply them COD5i5terttly-
observe ih¢ methods and prinLiples in Ibe Charity SORP,.
make j￿Ig¢(mentS and e5tilliatcs that are re8son&ble #nd prudent.
pKpar¢ the financi￿ 8tatem¢nts the going conc¢m basis un1¢5S It i$ ts]Apprepriate to presume th￿ thc ciwitable
company will continue sn busi￿55.
The trustees are resp)nsible keepiiig proper a¢cowiling ret<M'ds Md)i¢h distloge with Teawmblt accuracy at any lime
the fitLqllcial position of the charitable cottipany and lo etd)le them lo En5Uit that the financial statejne￿s eomply with
the ComFwu¢s Act 2006. Tljey are glso responsible for saf¢guardinE thc ￿et8 of the ehBritable compatty and h¢nce for
laknng reasonable Jteps for the p￿Ventiona￿ d¢tection of fraud gndother ￿￿8th￿ltIes.
Jll so f￿. a5 the trustees are aware..
tbere i8 no relev￿1 audit infomMlion of which the elmtitabte c(Anpall￿5 auditors ore U[￿W&e. and
the trustees hav¢ tskeA steps that they ought to have tak¢n to make themselves aiydre of any rekvqnt a￿t￿t
infotmalÈon 2nd to estgblisli that the auditors are aware of tbat inftsrmaiion.
Page 7

HEADWAY SHROPSHIRE REGISTERED NtIMBER: 04S848J4
RT OF TBE TRUSTEFS
FOR I'IILI YLAR ENDED 31
R2023
AUDll'oRS
The avditorB, D.R.E. & Co. {AudÉtl LIMI￿ wiu be w)psed fot re-appoirttsttenl at ihe fortl]coming AtuJuoL Gerter*l
Meeting.
This report has beeti prepared ia ac¢ordatttt with tbe special provisiotts of P￿t 15 of tk Conipanics Act 2(M)6 relating
to small companies.
Approved byo*d¢T of thc btsard of trust¢es on 3 JttDe 2024 And SI￿On its ￿l￿Jt by..
T Lunt- Tntsttt
Page 8

REI PORT OF THE INDEPEriDENT AUDITORS TO THE MEMBERS OF
HEAD
AYSH
HIRE
REGISTERED PIUMBER: U4884834
Oplnion
We have audtted Éhe finan¢ial statements of Headway Shrt)psliire {the 'ch&ritable ¢ompally') foi. the year ended
31 Deeetllber 2023 which compffise the Statenient of FEnat]cial Activities, the Balance Sheet, the Cash Flow Statemeijt
and notes to tbe f￿anCial staltments, irt¢luding a sumniary of signifi¢ant aceounting policies. The financial r¢w)rting
franiework that has been applied in their preparation is applicable law 2nd United Kingdom Accou]itiEig Standard8
(United Kingdom Generally Aecepted A¢countinir Praetice).
In our opinion the fIll￿ClaI statements-
gave a iTU¢ and fair view of the stale of the ¢haritsble company'5 affairs as at 3 1 December 2023 and of its in¢omin8
resources and application of resouyces, incli￿1￿8 its incoine and expcnditure. for the yeai. then ended.
have been properly prepared in accordance wsth United Kingdom Generally Accepted Accounting Pra¢lice,' 2nd
have been prepared irl &¢¢ordance with the r¢quirements of the Companies Act 2006.
Basis for opinio
We condueted our alldit in accordance with Int¢m&tional SiaTJd&i'ds on Auditing (UK) USAS (UKI) atkd applicable law.
Our vesponsibilities under those standards ore further described in tlie Auditors, responsibilÉties for the audÈt of the
rith2tJcial statements section of oui. I'¢port. We are independent of the chaiitable co￿paNY in accordance with tlie ediical
requirements that are relev&o¢ to otsi. audit of tlie financia] statements in the IIK, including tlie FRC'S Et]ucal stalld￿￿,
and we have fulfilled oui. other ¢thiLal responsibilities in accordance with these rcquirements. We belseve that the audit
evidence w¢ h&ve obtained is suificient and appropriate to provide a ba5Es for our opinioll.
Material llncertAinty relating to going concern
ID JudiÉing the finan¢ial ststement5, we have concluded that the trustees. use of the going wncem basis of aceounting in
the preparation of the finan¢i81 statsments is appropri81e.
We draw attentioll to note 2 of the financitI stattmenls, which de8CTib¢s matters which indicalc tliat a tnaterial
unccrtainty exists that may c&si signifjeant doubt on the charstable company's ability to continue &8 a going concem. Our
opinion is not rnodified in I'espect of thi5 matter.
Our responsibilities and the responsibiliti¢s ofthe tru5t¢es wilh resptct to going concern arc d¢s¢ribed in the relevant
sectÈOllS of this report.
Other information
The trustees are respnnsiblc for the other infon]￿tIO[I. The other informatiun tomprises the illfomiation included in the
Annual Keport. oth¢r than the financial statemettts and our Repurt uf the tlldependent AuditoiE thereoii.
Our opinion ot) the fJn8n¢ial staternellls does not eover the other inforniation and, except to the extent otherwise
explicitly stated in our report, we do not express thny fomi of assurance tnnclusion thereon.
Itt mnnectioTh with our aiidit of the financial statements, ouy responsibility is to re￿ the other infomiation an4J, in doing
so, consider whether tlke other infoi'mation is malcrially inconsistent with the finart¢ial staÉetnents or our knowled8e
obiained in the audit oy otherwise app¢ar$ to be materially misstated. If we identify such material incon5iSteThci¢s or
apparent n)aterial mi&st&t¢tnertts, we are requiyed to detemiine whethey this gives rise to a material misstatement in the
financial stateD)enLq t1￿MSelves. If, based OE] the work we have perfomied, ￿ cottclude that there is a mat¢rial
misstat¢tnent of this other Information, we are required to report that fact. We hav¢ llothÈn8 to report irt tliis r¢gard.
Opinions othey Enatttis prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the cou¥se of the audit..
the infotinatiot) given in the Report of the TYustee5 for ¢h¢ financial year for which tlie financial statements ale
prep￿ed is consistent with the financia] statements. and
the Report of the Trustees has been prepared in accordan¢e wtth applicable legal requiretn¢nts.
Page 9

I PORT OF THE INDEPENDE
T AUDITORSTO THE MEMBErRS OF
HEADWA Y SHROPSHIRE
REGISTER&D NUTrIBER.' 048841634
Mattern on iyhioh we Are required to rtport by exceptio
the light of ¢lie k]]owledge and iinder5talldiE)g of the charitable compatiy and its environment obt8in¢d in the course of
the audit, we have not identified material misstatetnellts in die Report of the Tmstees.
We Iiave llotliil￿ to report in respect of tlie followillg tnatteys wbei'e the Companies Act 2006 Yequires us to re]M)rt to you
'f, in our opinion..
ad¢qwdte accOunt￿g records have not been kept or retur[￿ adequate foi. our audit hay¢ not be¢u veceived from
branches not visited by us,. or
the ftnancial statements are not in agre¢m¢nt withthe accounting rerords attd retui'ns- or
certain dis¢losur¢s of trustees, remuiieratioD specifjed by law are not made. OK
we have not received all the infomution and expianatiotts we requtre for our audat. or
the trustees were not entitled to take advantage of the slliall cotnpaE]ies exernption from the r¢quiYement to prepare &
Strntegic Repoit or in preparing the Report of the Trustees.
Responsibilities of ti'ustee5
As explained more fully in the Trustees, RespotJ$ibilities Statement, the trustee5 (who ay¢ also the directors of tlie
charitable compally for the purposes of company law) are irsponsible for tlie pyeparatioll of the fjnancitl 8tatemetsts and
for beEng s&tisfi¢d that th¥y give a tr￿C aiid fair view. and lor Such inteinal conti￿1 a5 th¢ trustees detet)ninc is ttecessary
to ertable Lhe pJrpai2tion of fmattcial statements that are fa'ee £i￿[D Tnateyial misstatcment, whether due to fraud or error.
In preparing the f￿ancial statements, the trustees Are responsible fov assessing the charit&ble company's ability to
eontinue as a going conccm, dis¢losin& as applicable, matters related to goit]g cotL¢ern and using tlie going concern
b￿iS of 8CCOUThting unless the trustees either intend to liquidate the ¢haritable cotnpany or to cease operations, or have
tEO realisti¢ al￿rnatiVe but to do so.
Page 10

REPORI. OTr I'III: IN￿F.PFNDF￿T AIJDITORS TO THE MEMBERS OF
HKADWAY S
REGISTERED Nu￿llBER.. I)4884834
Our responsibilities for the audit of the finallelal $ta¢em¢nts
Our objectives ai'¢ to obtain reasonable assuraiice about whether tlie fiDwicial statements as a whole are free froin
niat¢rial niisstatement, whether du¢ to fraud or errov, and to issue a Report of the Independent Auditors that lli¢ludes our
opiTrion. Reasonable assurance is a high level of assui%n¢e. but is not a guarant¢e that an a￿dit conducted ￿ aecordance
with ISAS (UK) will always detect & material rnisstaEemeTht Hthen it exists. Misstatements Can avise from fraud or error
and are constdered tnaterial Ef, individually OT in the aggregate, they could r¢asonably be expected to influence the
eeollornic decisions of LE5er5 tsken on the basis of tiiese financial statements.
The ¢xtenl to which oui. procedures are capable of detecting irregularities, including fj'aud is detailed below..
Our approach ttTr identifying ?￿d assessing the risks of mat¢rial misstatement in respect of irregularities, including fraud
and nott.¢oniplian¢e with laws and regulatioEis, wa5 a5 follows..
the engagement partner ensured that the ellgagement team collectively had the approprtate competeThce, capabilitie5
and skills to identify or recogttise non.¢ompliance witli applicable law5 and regulatians-
we 5detitified the laws and I'egulations applicable to the compally tIJTough dis¢ussions with dtrectors and other
management, and from our commercial krtowledge aLd experAen¢e of the cal'e sectoi"
WE fu¢used on specific laws and rcgulations w111c￿l we consid¢r¢d may have a dsiect material effect on the financial
st2tements or the operations of th¢ ¢ompany, including the Companie5 Act 20Q6, C.h2rity £ORP {FRS102),
employment, ¢nvEronment&l alld health and safety leyslation and the Care Qllality Coinmission regulations.
we ass¢ssed the extent of eompliance with the laws and regulatiol￿ identified above through making enquiries of
n￿1}ageMentr ttlld
identified laws and regulatiolls were coJununieated within the audit team regll12rly and the team 1'eM￿lled alert to
instsn¢¢s of non-compli#llce It￿ughout the audit
We assessed the susceptÈbility of tlie ¢ompeny'$ fllknqnciai statements to material tnisstatement, includillg tsbtaining an
understanding of how fraud might occur, by..
- making enquiries of manag¢m¢nt as to their knowledge of actual. $￿pe¢t¢d 2lleged fraud. and
To address the risk of fraud throu￿} management bias ovetside of Controls, we..
. perfom)ed analytical p1￿CedureS to identify any or unexpected relationships,.
- tested journal entries to identify unusual trartsactions;
. reviewed the cashFM)ok to idetttify ally large or unusual transactions,.
&8%&%sed whcther judgcments and assumptions made in detennining tlie accounting esÉtm8te5 set out in note 2 weTe
indieative of p)tential bias.
investigated the rational¢ behind significant or unusual trat)sa¢tions.
Ill response to the T15k of iiyegolai'ities and non-compliance with laws al￿ regulations, we designed prncediires wluch
inEluded, but were not limited to..
aweing f￿a￿cial statement di5cIosuKes to undei'lying sUppo￿n8 doeument&tiotE'
- re&diDg tlie nunuÉe5 of meetings ofthose charged with governance,.
- enquiring of man4vement as to actual and potetttial liLi8ation and claims.
revE¢wÈDg corrE5pondence with HNIRC, Irlevant re8ul&tors'. The Charity Commission and The Care Quality
Commissiott.
Page 11

REPORT OF THE INDEPLNDKIY'I. AUDI'I'OKS'fo'i'IiF..MFMBERS OF
HEAD
A Y SklROYSIIIRK
REGJSTEREI D NUMBER: 04884834
Thei'e are inllerent limitations lll our audit procedures desCr￿bed above. The more Temoved that laws and i¢gulation5 aye
from financi￿ tiansaetions, the less likely it 15 that we would be¢ome aware of iion-compliance. Auditing standards also
limit the audit procedures required to identify non-compliance with laws and regulations to etxquiry of the directors and
other mat)ag¢m¢nt and the inspectioii of regulatoiy and legal ¢oryespondetw if any.
Material misstatements t]iat arise due lo fixud ¢aJi be harder to d¢tecl than ttK)se that arise from eTrov as they may
snvolve delibei?te ¢oii¢ealment or collusion.
A further desri'iptioll of our responsibilities for the audtt of the fitLaAcial statements is located ¢)n the Financial Reporting
Council's website at Www.frc.org.ukl*uditors￿sp0rtslb1llt1e$. Tbi$ description fonlls part of our Report of th¢
Independent Auditors.
Other mgtter5
Iti the previous accounting p¢riod the trustees (who are also the direclors of the ctiaritable company foi. tlie purpo$es of
Company law) tocth a(Ivantag¢ of audit exemption under s. 477 of the Companies Act 2006. Therefore the prior period
financial statements were a20t subject to audit and tbe coryespottdillg figures a¥e unaudited.
Use of our report
This I'eport is made solely to the chai'itsble cthmp2ny's membcrs, &s a body, accordall¢e witli Chaptei. 3 of Part 16 of
the Companies Act 2006. Oui. audit work has been undeEtsken so th&t we might state to the charitable company'5
membcrs th￿¢ matters we are irquired to stste to them tn an auditors, report and for no otlier purJx)s¢. To the fvllest
extent permitte
do tjot accept or assume responsibility to anyon¢ other thall the c￿ritable cotnpany and the
charitable c
crs as a body, for our audit worl for tbis repor( or for the opinions we have formed.
Fran¢is
ock F.C.C.
lor Statutoiy Auditor)
for and on behalf of D.R.E. & Co. (Audit) Limited
Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL
3 lllne 2024
Page 12

HEADWAY SHROPSHIRC
STATEi￿c,NT OF FINANCTAL ACIIVITI
¥c
0114TING AN IN('I)mE.4h￿¥ LVENDI
R THE IEAR ENDED 31 D ,
EMBER 2023
ACCOUNT
31.12.23
Total
funds
31.12.22
Tottl
Unresiiicted
fi￿(ts
Restricted
fuThds
Notes
INCOI¥(E AIYD ENDOWTrIENTS FROM
Donations and leg8cles
6.847
S￿01
21048
11,373
Charitabl¢ Rctivlties
EAcal authority grants received
Comtttuttity Wellb¢ing C¢nlr¢
Migcellaneous i￿ome
9,451
93,797
921
763,218
121 J71
1,886
932,601
121 571
1,886
932,601
ABICS
Community Wejlbeing Cenite fijndtng
43,026
43,026
72.453
TotAI
I,on,905
48.027
1,120,932
951,213
EXPENDITURE ON
Ch#Yit*ble fjetivitiQS
cott￿ullity Wellixing C¢ntre
ABIC£
306J61
735,779
18,299
54,895
324,660
790,674
258,798
766,408
Total
,042.140
73.194
1,115J34
1,025.206
NET XNCOMEIIEXPENDITURE)
30,765
125,1671
5,598
173,991)
RECONCILIaTION OF F[￿S
Total brought fOr￿￿d
1830$2
125J08
309,160
383,153
TOTAL FUNDS CARRIED FORWARD
214.617
100,141
314,758
309,160
The rtoies form partof th¢sE rE[w￿la1 statsmenls
PaEt 13

HEADWAY SHROFSHIRE REGISTKRBD NUMBEIL. 04884834
HEET
JI DF.
31.J2.23
31.12.22
Notes
FIXED ASSETS
Tamgiblc #ssets
101,876
133,165
ctWlENT ASSETS
Debtors
Cssh at baDk ttnd in hand
12
146,498
118,429
94,739
169,498
264,927
264,237
CREDITORS
Amounts t8ilin8 duE wiltun one Jrar
13
152,(N5)
188,2421
r4wr CUliRENT ASSEfs
212,882
175,995
TOTAL ASSETS LESS CLIRRFAYT
LIABILITtF
314,758
309.160
NET ASSETS
314.758
309,160
15
Unrestricted fill
Restricted funds
214,619
100,lJ9
183.852
125.308
TOTAL FifNDS
314,758
309.160
These statements hav¢ been prepared in attord8nce ivilh the provisions appIic4ble to ¢h3ri12blc companies
subj¢cl to the srnall Compani￿ r¢gll￿e.
The [￿an¢181 ststemeTrls ￿re appiDv¢d by Board of Tru51ees and autlLorised hr i88￿ on 3 Jun¢ 2024 and
$i￿¢d on its by..
T ￿￿(. Trusttt
Thr notes fo*m partof these fjnancial slat¢ments
Page 14

HEADWAY SHROPSHIRE
SH FLOW STA
IENT
R THE TrTAR F.MIP'D 31 DECEMBER 202
31.1223
31,l2.22
Notts
Cash tlows fi'otri operating gctivities
Cash g¢n¢rAted from op¢rations
151,0691
44.132
Net tL5h (used inllprovid¢d byopeydting activitl¢S
151,069}
44,132
C*sh flows from irtvtsilng attivlÉRcs
Ptsrch￿e otlangible fixed ￿Sets
(1,7611
Net cash provided byllused inl investing ￿lvitieS
Change ill ¢*sh &nd c25h tqulv2lent8 In
th£ J'eporting period
Cash %nd tfjsh equivalents at tltt
beglnnlDg of the rtporling ptriod
151,069)
42,371
169,498
127,127
Co$h and cR5h cquivalents at Ihc end of
the reportivg peritsd
118,429
169,498
Thenotes fomi partof thex finan¢&al statements
Page IS

HEADWAY s￿l0Ps￿l
NOTFS TO THE CASH FLOW STATEMENT
FOK I'HE ITAR ENDED 31 DECEMBER 2023
RKCONCILIATION OF NET INCONI IEI{EXPEi¥DITURE) TO NET CASH FLOW FROI¥I
OPEKITING ACJIVITIES
31.12.23
31.12.22
Net IMCotnel{e￿e￿dilIEvt) for th¢ Ytporlirjg period las per th¢
State￿ettt of Financial Act6Yiriesl
dJ￿tt￿ents for:
DepreciAlioii ch8T8ts
Loss on d&sp)sal of r￿ed &sets
IlncresK)/d¢c¥etrse indebiors
(DecreaseYincre&8e itt creditors
5,598
173,9931
31,044
245
151,759}
136,197)
32.063
55.363
30.699
Net cish {u&cd lttyproTrryded by operstions
ISl.1169)
44,132
ANALYSIS OF CIi4NGFS IN NET FiTrIDS
At 1.1.
Cash flow
At 31.12.23
Nct c#s
bank and in hand
169A98
(51,0691
18A29
169,498
151.0691
118,429
TotAI
169,498
151,069)
118,429
Thc nol¢s form part of d*se fittattcl￿ stateJL¢nts
Page 16

LIDWAY SHROPSHIRE
TFS TO THE FINANCL4L STA
EMEN13
FOR TTrIE YEAR ENDED.11 DF.('.F.MIITr.'R 21)23
STATUTORY Tr4FOBMATtON
Hcadwdy Shropshirc is a cb9Xktabl¢ comp8tLy, limited by gu￿antee, Tegistercd in England & W8le5. The
d]arilablc compon￿5 registeTed Mmber and registered offJ¢¢ address ¢8tt te fouNi wthirt tbe refertnce and
admitiists?live details sectiort of the Rewrt ofthe TLWt¢es.
The chgri¢abl¢ compart￿s principal place of btssiness is regisler¢dotYice address.
ACCOUNTING POLlCtES
Basis of preparing the finanti*l st#lements
The financial statetnenls ol Ihe charitabl¢ ¢omp*rty, which is a public &nefst entity u[￿r FRS 102. hav¢ beert
prepared in accordancc with the Chsrities SORP IFRS 1021 'Accounting Jnd Keportitig by Chariti¢s'. Statement
of Recommettded Practic¢ appliL*ble io charities piepaiing th¢ir accounts ill accordance with the Finartciai
Repolli￿ Standard awlicthle in the UK and Republic of Ireiartd IFRS 102) l¢ffr¢tiv¢ l Jatjuary 2019),.
Financial Rep01tll￿ Standard 102 'The Fif)WICi81 Reportin¥ Standard applicable in the UK and Republic of
Ir¢lan(r srtd the Companies ACÈ 2006. The fyn3*ci￿ statements hAve piepared under the Iuslorieal cost
eottvelliion.
These financi￿ statements art for tIK individu81 enttty ortiy.
Tr rinanciaL $taten)ents ar¢ preSe[￿d in Stsrling (£1, rounded to the rtearest £1.
Tr trustee5 %ati8fied tliat t[￿ rcsu]ts in 2023 show a signifjcanl improvem¢nt over tbt previous year5. While
Natioaal Lottery funds weR still vital to the chttity's financ&al 5tsbility iti 2023. forecasts gnd projectiDnS for
2024 itidicaie that the charity will bc S￿$1at￿ab]e ongoiDg. On tllls basis the t¥ust¢¢5 hav¢ wncluded that lh¢
goitig collcem basis of pr¢p3rtttiort is appropriat4 but that tnalcrial uAcertainti¢s ¢wt due lo the inheiEnt
un¢¢itaintyof fi]tLre funding co%Ls.
All incomc i8 recogDi%ed in the Ststement of Firwioial Activities once the clwity hgs etsiitlemezrt lo thc fftJnd4 It
is probable that the ￿nC0[￿e will bt rtctived and the atnothjt catt be ni¢asured reliably.
Inwme fmttt government other grants, whether 'capi*al' VODts or 'revenue' gr￿ is rerognised when the
charity has elllitlement to the fimds, and performsnee eondilLOttS attached io th¢ gmts bave been m¢L it is
probabk that th¢ uKotne will ￿ leceived wvi the can bemtaswed irliably.
DuritlE the yea¥. the ch￿lty Irc¢ived Nfltional LA)ttery S￿7￿ of £43,206 12022.. £72.453) Olld loeai authority
ndiTr2 ot £nil12022.. £9.451), whieh is re<ogni%ed in incoll￿.
The charity also rtceivcs most of its fundinE for client Care and rd)abilitstion &*NHS Of relevant l(*al
authollty.
Eipenditure
Liabilities ￿¢ reco8nised ￿ expendityr¢ 8S SQQrt &q there is & legal or constrL]eEive obligatioll ¢0￿mittlng thc
ciwity to that &xpertdstw'e, ir is probable that a transfer of econom&c bcnefits will be required settlemeni llt
th¢ Èrnount of Ihe obligation b¢ Jnezsuied iElsably. Expenditure is accounted for on a¢cruaLs basis and ha8
been c135sificd under headings tlJÈi agErtgale all cost related Iv the category. Where tosts eannot be ￿￿tellY
attr1￿Vt￿ tty particular headings they have bteii allocated to activities ort a b￿lS con8islent with the use ot
Tesources.
Allo£atitsrt And apportionment Df CD$ts
Sttpport costs are tliase funciiosjs that assist the ￿)[k of the Charity but do not directly undertake charitsble
aclLVitie& Support Costs include managettient cos15 and rut￿lAg building Malmen￿¢t. base5 on
whicb support costs are allocated to the different ch￿'It￿ble aetivities sre get otjt below.
Marngg¢ment costs.. Community Wellbeing C¢ntrc 25% 12023.. 25¥￿) ABICS 75% 12023., 75%).
alloeation i8 b*sedon the amoulll 0fmar￿geMe￿I lime Spent in relation to each activity.
Page 17

HEADWA Y SIIROPSIURL
NOTES TO THE FIN
￿e￿L STATEMENTS_ continued
FOR THE YEAR
NDED 31 DE
EMBER 2D23
ACCOUNTING POIlCtES.
Allot2*loll llpportio]ItriETIt of ¢￿ts
Rwsnillg costs and building maintenance.. ComEnunity WelltKiAg C¢ntre 25% (2023.. 25/0) and ABICS 75%
{2023.. 75D/o}. The allocation is bgsed on Ihc tsmount off]001 Space withitt &rtd arOUt￿ Headway which is
occupied by eath activity.
1'&ngible fixed gss¢ts
Tangibk fixed asgeig 2re inCl￿ded at ￿st 8nd depreciation is provi¢ld 8t th¢ folloWt￿ attnual ratrs ond t[￿l￿d8
in order to write off &%scls overtheir estukated useful lif&
Lotkg leasehold land
Lottg leasehold buildings
Fthniture afid ¢quipme#t
Website d¢v¢loJynerttcosts
Not dewrciated
5fjh straight lffte
15% straight line
Ovcr 5 yeats
Tbe trustees review t2ttEible tixed &s8ets for imp2iittJent on an annu￿ basis.
TAiatioD
The clwity is eXern￿ froin to¥poraiion on its chwitable activities.
Futhd &oeounting
Unteslricted fiwd5 Are available to sP￿d on &tivilies that fither any of the puipos¢s ofihe Charity. DeSi￿ated
wwestriaed ￿ndS of th¢ ¢harity which the liv#ees IHve deLided al their discr¢tion lo set a8tde lo
fur a spruifjc PLU'POS¢. Re$tricled funds are donations wlu¢h tiic donor h83 specrfjed 10 bc wlely used for a
p￿ticul￿. puip05¢ or specific ￿1VIry being und¢itthtt by the ehwity-
The ￿tl￿g and pwse of each fi￿d is explained lli)t¢ 15.
The cliarity tyovtdes a stakeholder sch¥ttK for permanent staff members. The scheme 0[￿rateS on
d¢ftlled corttribtiiion basis and the asse15 artd liabiliti¢s of tl* scheme are held separat¢ly fiom those of th¢
charity.
VAT
Value added l&x is not r¢c¢)verable by the chatity ￿)d &s Such is ittcluded iit the relev#Thl £OSts in Ihc Statement of
Financial Activities.
Hire purch¥s¢ 1¢*8lng
Rentals paid uttdei 0￿ratIng k8s¢s aT¢ ¢har8ed lo the Stat¢uietit of Fitsartcial Activities ou a strBtght litte b￿lS
over the ￿riOd0f Ihe leas¢.
D¢btors
Trtde and olh¢i' debtors 2Te ttcognised al th¢ settlement afftount dur after atly di5coiiiils otYere& Pirpaymertts
are valued al th2 *tiount prepaid llet of arty discout)ts due.
Cash at bgnk ond in hand
C&8h at bank and in h￿d ￿dUdeS cash and amounts hcld in bank ¢urrent a￿d savings accounts.
Creditor$ 8nd provisions
Credktors and provisiolls ar¢ Rcogrtised wh¢r¢ t1￿ charity a present obEigatioTr re5ultinE f¥om a p&%t event
that will probably result in the transfer of fiJnd5 to a third party and th¢ amountdue to settl¢ obligation w i
meiL%ured oi estitnated iEliably. Crediloi5 and Provisio￿ ￿¢ noLxnglly Kwgni5ed al their 8ettlemellt athowt
after allows118 for gny trade discounts due.
Finsntial In5trumcnls
Pag¢ 18
tontin￿d...

DWAY SHROPSHKRE
NOTF.
TQ'fHE IPINAliCIA
TATEMENTS- co
R THE YEAR ENDED 31 1)FA..L￿IBER 2023
nued
Accol￿TING POLICIES- continued
The ¢liarity only Iw finatlcial 95xets and fingncial liabililics ef & kind that quatify as ba8ic fIng￿ClaI iJLStrull￿nts.
Basic fin￿¢l￿ instnunents are initially recogtused at Irdnsaction value 2nd subsequently rlle&8ured at their
ttlettsent vaL￿.
Significant judg¢methts and esbtwdlts
The chwitable coLkpany makes estimates and as5￿p[i0nS concerning th¢ ￿lute. The ￿lting ac£owJling
estimates iiill, by defiiution, seldom equal the related acth21 results. The estittiares and ass￿mPtionS Ihal have &
sigrufi¢ant risk of causing t maierial adJ'u5brteJJl lo th¢ carryitg 8mouThts of asse15 liabilities within the next
fJnaftci&l year ore llddressed below.
The Ch￿7tabl¢ ¢ottJpany ￿jake8 an estimate of the ￿e0Verable value of trade trtd olhcr deblor5. When a%8e&8iDg
impaim*rt of trade oihei debtors, mantsgemettl co￿lderS fac(or5 the ag¢knB piofile of (kbtors
histor*c&l exp¥iellce. Sec nole 12 for the cgvrying ￿0￿nt of debtois.
The ¢[￿t£ble u)tllpany m8&¢s a Si￿￿rte?￿l judgemeni ￿then allocating support costs to the diifeitnt thalltable
Th¢ ¢knw'ity tnitiaily identifi¥g the eosis of its $uppoil Mnctions. Th¢ 5UPTX)rt costs gre theft
appoilioned the key cliarilabl¢ activlties as explaiaed in I￿14 2.
DONAnONS AND LEGACIKS
31.12.23
31.12.22
Donatio￿$
21,$48
11.373
INCOfvIE FROM CHARITABLE ACTIVITIES
31.12.23
31. E2.22
Aeiivity
Lo￿[ 8uthJrity ￿8ftts receive41
Gr￿t Kncome
H￿d￿lY house attelldanc¢
9.451
Commututy W¢llbcil￿ Centre
Miscellalleous ￿tOm¢
Misce11￿cOuS income
J21,$71
1086
93.797
14
907
763,218
Miscellaneous income
Cjratit iticome
ABICS
ABICS
CotTllDUtuty Wdlbeing C¢ntre fijnding
932,601
Grallt income
43,026
72.453
1.099,084
939.840
Pagt 19

HEADWAY SHROP
NOTES TO THE FINANCIAL STATIfvXE
FOI4 I'HE YEAR ENDED 31 DE
EMBEIi 2023
continued
CYARtTABLK ACTIVITtES COSTS
Support
costs {see
not¢ 61
Dirttt
Cosis
Community WellbeinE CetttsE
ABICS
218,614
658,720
1116,046
131,954
324,660
79Q,674
877J34
238,OOD
1.115,334
stTrPORT COSTS
Govcrngnc¢
Management
Oikni.
Tot&ls
Cottunwiity Wellbeing Centre
ABICS
77,618
47,891
24635
72,682
3,793
IlJ81
JO6,046
131 J54
125,509
97 J17
15,174
238,000
The [nattri￿ cawries of exp¢nditure included wEthEn SUPPOit CO8t8 8￿.
2023
2022
Staff eo
EstabbshtDellt eOSlS
Depreciatiun oras￿lS
Cottsumablc cquipment and rep&irs
Legal and pbjfessionai k¢s
99.935
26,295
31,044
17,452
15.496
12,301
98,279
33,701
32,063
23,278
19,373
8,347
NET IIYCOMEIIEXPENDITUREI
Nel incomol{exp¢DdituKI 15 stated ￿et th8rgingllcreditillg).'
31.12.23
31.12.22
AuditOT5' remurte¥alion
Depreciation- olvrted &%sets
Defjcit on distx)sal of rtxed assets
8,880
31,1744
24S
5.742
32,063
TRUSTEES, IiEMUNERATION AND BENEFITS
There Nri'e no trusites, temuoeration or other bEll¢fiis for the year ended 31 DecetnbBr 2023 nor fer the
ellded 31 Deceojber 2022.
Page 20
conlinucd...

HL4DWA Y SHROPSHIRE
NOTES TO THF.
FOR THE
INANI'VAI.,%'I'A'I'LMLN'J'S- contit*ued
'LMBER 202J
]RVSTEES' REm￿RAT101y AND BENEFITS- eontinu¢d
Tr4]stee5' expenses
No expew ThEre pid to tru5t¢ts duting th¢ year to 31 D￿¢mber 2023.
srAFF COSTS
31.12.23
31,12.22
Wa8e5 a[￿ salaries
Social 8ecutitycost8
Oth&. pension costs
804,068
67,222
16,086
714,537
58.663
12,068
887J76
785.268
Th¢ average Ment￿y￿umber of employees durll￿ Ihe year was as follows..
)1.12.13
31.12.22
AdministralL(ItI
co[￿nu￿1ty WellbeiDg Cetttre
ABICS
29
27
39
35
No employ¢e5 r¢ccivedemoltsments in excess of £60,000.
Pension cortiribuEions aJlo(ated bE￿￿¢n di[￿t costs ef ¢￿￿ble activities and 5UPPQlt costs, accoimling 10
ihe rol￿ of employ¢¢s,
The Èverage fftonihly Nmbtr of fijll tllne employ¢¢5 during the year w&$ 20 (2022.. 161.
io.
COI¥IPARATIVES VOR 1WE STATEMENT OF FINANCL4L ACIIVITI
Unrestrieted
Reslri¢¢ed
Total
funds
tNCOI¥IE AND ENDOWI¥IENtS FROM
Dondtorts trtd kgaci¢3
11,37J
11.373
Charitsble attivitits
Locdl aulhotity gratsts received
ComnJtsNty Wellbeing Centre
fvtiscellaneo￿s income
9,451
9,451
93,797
921
763,218
93.797
921
763,2l8
ABLCS
CoTDruuBity Wellbeing Cenrre fl￿ding
71453
72,453
Total
869,309
81.904
951,213
EXPF,NDITURE OIY
Charltable a¢tivitit5
Coinmunity Wellbeirt8 Certtre
ABICS
190,541
726,591
68,257
39,817
258.798
766,4118
Total
917,132
108,074
1,02521)6
Pgge 21
contiNed..

HL4DWAY SItROPSHIRE
NOTF.S 1-()'I'HE FINAIN
tAL STATEMF.hT.%-
ARE
ED 31 DECEMBER 2023
ntithued
COfwlPAIL4TIVES FOR STATEMFM OF F￿NANcIALAc11v￿TlR8_ continued
Unr¢slricted
Resti'icied
fwids
funds
Total
fi￿d5
NET INCOMFJ{EXPENDrrl￿lEj
147,8231
{26.1701
173,993}
RECONCILJATION OF FUNDS
Tolal fU￿S brou8ht forwdrd
231.676
151.477
383,153
TOTAL FUNDS CARIUED FORWARD
183,853
125,307
309,160
ii.
TANGIBtE FL¥ED ASSETS
Long
leasehoki
land aDd
buikiin8S
Fdmiture
Website
developroent
costs
tquÉpm¢Dt
Totals
At l Janw 2023
DistM)sals
605.725
121,559
{29,278}
2086
729,670
129,278)
At 31 Decclnber 2023
605,725
92381
2,386
700J92
DEPRECIATION
At l January2023
Charge for yea
Elimittated on di5PQ581
483,037
26,169
lllJ>82
4075
129,033
2J86
31,044
(29,0331
Al 31 D¢tember2023
509,206
86,924
2J86
598.516
NET BOOK VALUE
At 31 December 2023
96,519
5,357
101076
At 31 D￿¢￿I￿r 2022
122,688
10,477
133,165
Long leasehold land ot & cost ot £60,000 £s irtdudcd ill th¢ net book value ot'£96,319 (2022.. £122,688). The
lea8e is du¢ to expire on 31st May 2992. Leasehold buildth£s iepreKnls H¢adwgy House, a pro]w purch&%ed
for the fijrtheranceof tIK charitsble ol¥e¢lives.
T>K build￿8 is held for eonsumption and not thveslmcnl p￿PoSes, so tIK trustees have tsot incurred th¢ ¢XPEwe
of frjrmallyeslablishing its market value ai 31st Decemki. 2023.
Pag¢ 22
tontsnucd...

HEADWAY S
TES TO THE FINAN(.'IAL STATEMENTS- eontinued
OR T
E YEAR Ei¥DED 31 DEC .M. IIER 2023
12.
DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
JJ.J2.23
31.12.22
Other debtors
Prepayments
L46A98
85,401
9,338
146,498
94,739
13.
CREDITORS.. Afv101Tr4TS FALLING DUEIVITItIN ONE YEAR
31.12.23
31.12.22
Trnde ci¢ditQTS
Social security aLd other taxes
ACC￿￿15 gnd deferred illcome
Other ¢￿ditOrS
12,755
17,718
31,550
26.219
22.690
25,329
3,186
52,045
88,242
14.
ANALYSIS OF NET ASSETS BETWEEN VUNDS
31.12.23
Totsl
fi￿dS
31.12.22
Tot
Unr¢stri¢ted
fund5
Restricted
funds
Fixed
Curr¢ftl Èssels
CuritOL liabilities
6S,357
2DI J07
152,045)
36J19
63,620
101,876
2fv1,927
152,tHsi
133,165
264,237
(88.2421
214,619
I(￿,1]9
314,758
309,160
15.
MOVEMENf IN
Net
trlovenxertt
IA fvnds
At 1.1.23
31.12.23
Unre5tr1tted funds
Utth5ign8ted G¢neral R¢strve
[83,852
JO,767
214,619
Restrict¢d funds
Headway House iyJilding fw
125J08
126.1691
1,000
99,139
1,000
Scr¢wFix Woodwork poom
125J08
125,1691
IOO,J39
TOTAL FUNDS
309,160
SA98
314,758
Page 23
contuwd...

HEAD
AY SIIROPS
NO'I'LS TO THE [iN￿NCIAl. s'rA'I'LiMENTS- continued
ARENDED 31 DEC
MTER 2023
15.
r*lOVETrIENf IN ¥UNDS- tontinued
Net mov¢mellt irt fu]bJs, included itt the abov¢ 8r¢ a5 tolLoi¥s.'
ltscoming
resourcES
Resourccs Moven*ttt
expended
UrtreBlric¢ed fLEhds
Undesignated FU￿1- General Reserve
J,072J)5
{J,042,138)
30,767
Re5trÉeted fut)ds
Headway House buildinE futtd
12Q1691
126,169)
Lottery Fund. Corntttuttity Wellbeirtg
Centre
S¢rewFix Wo(KLwork room
43,027
&ooo
{43,0271
14,0001
4&027
173,1961
125.1691
TOTAL FUNDS
I,L20932
{I,IiS334)
SA98
Comparxtivts for moY¢m¢nt in funds
Net
D)ovem¢nt
irt
At
31.12.22
Atl.1.22
Unrestrltte4J funds
Urtdcsi8nated Fund- General Res¢rv¢
231.676
(47,8241
183.852
R¢Jtricted funds
Headway House buildillg fth
151.477
126,169)
125J08
TOTAL FiryDS
38J.153
173,9931
309.160
PaEC 24
¢onlItll￿d...

HUDWAY SHROPSHIRE
TES TO TH& FINAliCblL
TATEMENTS. continued
FOR THE
DJIDE
EMBER 2023
15.
IOVEF+lENf IN FUNDS- continued
Comparative net movement in funds, included in thE &bovc arc as follows..
Incojning
sources
Resour￿5
expended
tovemcnt
I￿ funds
UorestrRcttd fun
ut￿￿8ignat¢d FuDd_ Generd Resev
869,309
{9R7,1331
(47,824)
Restrie*ed funds
Heathvay House buildiTr8
(26,1691
{9,4511
126,1691
tncai Authority Covid F¥ndll
Lottery Fund- Catntllurtity WellbtirtE
C¢nlr¢
9,451
72,453
(72,453)
81.￿4
{108,0731
P6,169)
TOTAL FUNDS
951,213
{1,025,2061
173.993)
A currentye8r 12 moJJths aDd pritsr y￿r 12 mortihq combitted pisitiott is a5 follows-
Net
At 1.1.22
funds
31.1123
Unr¢strict¢d fund5
Uttdesignated Fund- Gen¢r91 Reserve
231,676
{17,057}
214,619
Rc$trictcd fund
He&dway House building fl)
151,477
{52,338}
I,￿0
99,139
1,000
ScrewFi% Woodwi)** room
151.477
151,338)
100,139
TOTAL FtNDS
383,153
168,395)
314,758
Page 25
continued...

HEADWAY SHROPSHniE
TF.S TO TttF. FIiSANCV A T. STAT&TrfENfS- contirt￿ed
OR TTrIE YEAR ENDED 31 DECEI¥IBER 2023
Is.
I¥IOVEMENf IN FUNDS- Conti])￿e0
A cwrnt year 12 month8 artd piioryear 12 months combined net mov¢m¢nt in fund4 included in the above are
as follDWS'.
IncomÉllg
r¢sovrce5
Rcsour
expended
Moveoxettt
Unrcitri¢t¢d lund
U[￿eSIgnal¢d Furtd- GeDerai Reserve
1,942,214
{1,959.2711
(17.0571
Restricted funth
H¢adway House I￿5]diD8 fund
152,3381
19,4511
(52.3381
LocfiI Authority Covid Funding
Lottery FuTd. Collununity Wellbeing
C¢nlrc
SesewFix Wood¥vork ioojn
9.451
15,480
5,000
1115.4801
14.0001
L,000
129,931
1181,269)
151,3381
TOTAL FUNDS
2,072,145
(2,140.540)
(68,3951
U￿￿$1￿Cted fimds bc used in accDrdanc¢ wih the ch8ritable objects atthe discretion of the tr￿8[ees.
Overall the cur¥ellt unrestiicte41 futtds of the tharity are below tbe 6 montbs of T￿￿ti￿oR costs &$ ffwmrn¢nded by
th¢ Charity Cotnmission, bLIt the trustees lim to continue to ￿lI￿ up untegiritied iEserve8 10 achieve the level
recommended by the Cha¥ity Coumi&sion. Durin8 th¢ y¢gr tlr tolonce of designated termit￿tioft fvnd
transftrred ro tIK general reserve.
RCSTiucfED F(]NDS
The Headway House buildillg fund is lo be applied wholly for the purthase ef Headwdy House lo enable the
¢harilabl¢ objcctivcs of the org3ni%atian lo be c()ntinued ￿ld impl¥&￿d. The fi]nd includes past donations
tOW￿dS tILe cost ot building a Dew Hettdwtty HO￿e, although thes¢ plans ar¢ ¢urrently on hold.
The knttery Comtnuruty W¢lliEing C￿tre furld relates lo a Lottery Fulld grant for the refijrbishmertt of the
charity's its I￿￿se Commuzjity Wellbeitjg C¢nlr¢. fonding h&s been fvlly utilised during th¢ year.
The Screwfrx Woodwork room re13ks lo fut￿1￿8 received for th2 Tefurbisluneni af the charitys woodw)rk
oom. Tk ba19t￿e of thi5 r¢5tricted thnd wiu utilised in2024.
Page 26
continlled...

NOTES TO THE FIN￿NCyAL STATEmE￿s. contillued
R THE YEAR ENDED 31 DECEMBER 2023
16.
REL4TED PARTY DISCLOSURES
Key MaRageTJ]Cnt Personnel Remunernlion
Included wilhxn wdges salaries is remuneration of £117.93712022-. £94.OL31 in respect ofkey management
personnel.
17.
ULTIMATE COiYTROLLJNG PARTY
Thc th￿'Ity i8 Cotrtrolled by thc Tixtstees.
18.
INDEMNITY INSUiUNCE
The clJ2rity eXpe￿ied £12,30112022.. £8,347) during the year on insurartce. The ry)liey ￿tl￿deS indenjttity
itigu¥axce to ￿￿tect the charity and it8 ttusÉees aB￿n81the consequences of claims arisirtgas a result of neglect or
default in Ibcir respective dulle&
19. SHARE cAprrAL
The charity is linjired by guarantee. alld ￿ such h*8 t￿ shal'e c*pilal. All members of the ch￿lty guar9nte¢ to
contribute £1 inthe event of a windiDg up.
P&ge 27

HEADWAY SHROPSHIRE
DITAILED 'TATENIENT OF nNANCLIL ACTivfrIES
R THE ￿AR ENDED 31 DECENIBER 2023
31.12,
31,12.22
+ICOME AI¥D E]WOWMEI¥TS
DonatlOrn$ and legaeics
Doitstions
21,848
11,373
Charitable gtdvStits
Headway house attendance fee5
Miseeliattous inc4)me
121,S71
1,886
932,601
43.026
93.797
L4
763,218
82,81
ABICS
Grant iwome
1,099,084
939,840
Tot21 itttomtng resources
1,120,932
951,2L3
£XP£NDKTURE
c.haritable sctiviti£$
Wages
Secial 8ecurtty
Pensions
Training
MemEtrship fea%
relephone
Trnvelliog
Sulldrie5
Othei costs
Bad debES
Consumable equipment artd tepairs
C]eaniog
Subcontracting costs
713J39
59,765
13,717
9,206
1.373
87
8,245
,656
1.499
12,3991
2,764
2.610
57052
625.645
51,261
IQ083
11,593
758
45
11115
13,495
7,447
3,458
6,469
38,802
877JJ4
781,171
Suppdrt tosts
Wagts
soci￿ 8e¢urity
Pensions
tLgal and professional fees
Tekphone
Printin8J stationery ￿ E)osiage
Sundries
Bank ¢harg¢5
90.109
7.457
2 J69
E5A96
S990
Jo01
133
88,892
7,402
1,985
19,373
6,583
5,240
866
745
125J09
131,086
Other
Conswnable equipmeJ)t artd ¥epairs
Can'ied folw￿d
17,452
17,452
23,278
23,278
This pag¢ ¢kns llot forjn pgr¢of th¢ sÉthitory fiTrart¢id statements
Pag¢ 28

HEADWAY
DETAILED ST.4TEIMENT OF FINANCL4L ACTIVTTIES
FOR THE I￿AR ENDED 31 DEI CE
BER2
23
31.12.23
31.12.22
Othcr
BIouEht fonvard
IJksurJnce
E5lablESh￿C[lt rosts
Cleanthg
Depreci¥ttion of long leasehold land 3
buildi￿gS
Depreciation of fwTritur¢ arNJ ¢qwptn¢ryt
Loss on saI¢ oftw¥ible fixed thssets
17452
12JOI
26295
9,980
23,278
8,347
33,701
3,687
26.169
4,875
245
26,169
5,894
97J17
101.076
GoverD*ttte tosts
Audiiors. remuneratM)ll
Accountancy
8,880
6,294
5,742
6,131
1&174
11.873
Total irsource5 expended
1,115J34
,025,206
Net incomel{expenditurel
5,598
173,9931
This page does not form part of the slaNtory financial statements
Page 29