RECtSTERED COMPANY NUMBEI R: 04884834 (England and Wales}
REGISTFRKD CHARITY NUMBER: 1100376
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
HEADWAY SHROPSHIRE
D.R.E. & Co. (Audit) Limited
Kingslwid House
39 Abbey Foregaie
Shrewsbury
Shrop5hire
SY2 6BL

HEADWAY SHRO
IRE
CONTENTS OF THK VINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 J)ECEMBER 2024
P&ge
Report of Ibe Trustees
Report of the Jndependent Auditors
10 to 13
St8temeDt of Fln8ncial Activities
14
Balance Sheet
15
Cash Flow Statement
16
Notes to the CAsh Flow Statement
Plotes to the Financial Statements
18 to 28

HEAD
AY SIUiOPSHIR
REGISTERED NUMBER:
4884834
RE
ORT OF THE TRUSTKES
FOR TH
EAR ENDED 31 DECEMBER 2024
The trnstees who ale also d￿eCt0t￿ of tlie chariry for the purposes of the Compallies Act 2006, present their report with
the titiancial statements of the charity for the year ended 31 December ?024. The trustees have adopied ¢l)e provisions of
AccountiAg and Reporting by Chat'itÈes'. Statetnent of R¢¢ommended Practice applic&ble to cl)ai'ities preparitEg their
accowit5 th accordaThce witli tlie F￿8￿Cial Reportitlg Stand￿'d applicabl¢ ill the UK wid Repiiblic of Ireland (FRS 102)
(effective l January ?019).
OBJECTIVEI S AND ACTivrriES
ObjectTves and Y4im5
Headway Shropshir¢ is cominitted to the care. siipport. and r¢habilÉtation of individua15 who have sustained ￿ acquired
brain injury. Ill lllie with oiir Articles of Association, ow. core objectives are to provide higli-quality information, advice,
and tailored rehabilit&tion services to individuals with atk acquired brain injury, as well as their families and carers.
across Shropshire, Telford & Wrekin, and suiyounding ￿tas.
OUT overai'chino &im is to enhanee the qualÉty of life> promote independence, and siipport re&blement for indsviduals
affected by an acquir¢d byaill injury. We achieve this by offcrit)g a range of services, iTEcluding structiired rehabilitatioii
protsi'ammes. petrson-centr¢d suppor( atsd social I'eintegrauon activities, ensuring our clients regain confidence aud
essential life skil]s. Equally, we recognise the vital role ot family members carers, offeritLg them slipport and
guidan￿ to navigate the complexities olacquired brain injiiry care.
In fiirtheraiice of these objectives, Headway Shropsliiie is dedicated to:
Delivering hi￿-qUa1ity, tailored reliabiiitalion and care - Our setvices ai'¢ designed to Ineet the wiiqiie needs of each
client, supporting physical, cognitive, eTE]Otional, and social I'ehabilitatLOn.
Providing essential ÈnforD]ation and advoca¢y- We equip Clients, fainilÈe4 and carers witli the knowledge and guidance
neces&ary to make inform¢d decisions about care. rehabilitation, and welfare.
Cr¢ating inclLisive suppoit netwoi'ks - We foster connections between individuals with an acquired brain injury, their
families, and the wider community, reducing isolation and pi'omoting peei. suppurt.
Stret]gthening paitneTShips We Nvork closely with local aiithorities, FIHS bodies, Case maiiagers, and other charitable
organisations to ensure inte￿ated and holisÉic support.
Invc8ting iii sustait]able service developinent - By securing funding and adaptiThg our services to meet evolviii(T needs,
we ensure continiied access to hioh-quality support.
Upholding best pi'atEices in care ènd governance- We corliply witli r¢guL8toiy standards, ineluding tliose set by the Care
Quftlity Commigsion {CQC). ensuring Iiigh standards of service delivery.
Page I

HEADWAY SHROPSHlliE
EGISTE
D NUMBER: Q4884834
REPORT OF THE TRUSTEEI S
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Significant activlties
2024 was a pivotal year for Headway Shropshir4 focused on stabiltsation and long-tertn sustainability. Following the
¢hallernges of pievious years, we pi'ioritised stsEngthenintt our foundations, enswing fEiiancial resilience, aiid refining oui.
opeiations. Despite ex¢¢mal pressiwes, we remained comniitted to delivering higli-qLialÉty SilPPOrt for iiidividyais with
acquired bKaui injuiy and their famities.
Through proactive cost-control measures, $trategic plan￿1￿￿0, and the dedication of our t￿n, Ive navigated se¢tor-wide
challenges while maintall)ing the tntegrity of our services. These efforts, along with the genei'osity and suppori of our
fI￿derS, dolloi's, and community, ensured we remained a vital lifeline for those who rely on our services.
At Headway Shropshire, we provide specialist support and reablement for individuals witb an acquired brain injury
tltrough two key services.. our Community Wellbeing Centty (CWC) and ABICS (Acqiiired Blain Injuiy Commuiiity
Supwrt) service.
Cominunkty Wellbeillg Ceiitre
Our Commiinity Wellbeing Centr¢ is a stnicttired, siipportive envii'oninent dtsigned to help individuals regain
confidence, rebuild 5ki115, and improve their overall well-bcillg followiug an acqiiii'ed brain injury. BEsed in Shrewsbury
and open tI￿ee days a week (h4onday, Wednesday, aiid Fi'iday), the centre provides the following:
CogJ)itive rehabilitation, iiicluding memory exei'cises, pi'oblEm-solving tasks, and collcentration-buildillg activities.
Physical and motor skills developmrnt, Ivitli activiti￿ such as seated e￿erciSe and gentle tnovement sessioiis.
Crcative therapie5, irtcluding art and tllusic to encourage mindfiilness, self-cxpression, and engagement.
Soci&l interaction and peer SllpporL l)elpingF clieiits co]Db&t isolation and bLiild cijnfidente through shared experienc&s.
Practical life skills training, sueh as cooking and IT skslls to promote greater independence.
The Wellbeing Celltr¢ also provides miich-needed respite for f￿nilY meinbers and carers, whil¢ ensuring their loved
ones are engaged in a s&fe, structured, and supportive environment.
ABICS (Acquired Brain Injury Con￿lUn1ty Siipport) Service
The ABICS servi¢e pi'ovides one-to-i)ne support in cliei)ts' hoines and ¢oinniunities, enabling trJdiv%dua15 With an
acquir¥d brain injury to maintaÈTh independcncc while i'eceivsng specialist care. Our trained support staff work C[￿8clY
with clients to assist wiih..
Peisoiial care and daily living tasks. suppoiting illdividu&ls with dressing, Ineal prepai'&tLOlI, and household activities Éo
eDcoiuage iTidepend¢iice.
Cognitive and emotional suppoit, helping clients Manage n]emoiy difficiiltÈes, comnunication chall￿1geS. ai)d
¢motional well-being.
Rciiitegration into the coniniunity, assisling with social activities alld confidcnce-building outside the hotne.
Acccssing healthcare and services, includllig supporting clients at medical appoijitmettts. liaisi￿g with pi'ofessionats.
and ensuring they receive the appropriate Care.
ABICS is designed to empower individuals to live as iTrdependently as Ex)ssible, offering tailored support that adapts to
their evolvillg Aeeds. The servi¢e is available for those who requii'e ongoing assistance, whether shoit-temk rehabilitation
or loiits.term 5UPPOrt. This seiwice is regulated by the CaiE Quality Conunission (CQC)- Facing tlieir internal
challenges in 20?312024, we await further guidance and & date foi. our next I'oiitine inspection to reflect the positive
irnprovemenls and changes made at H¢adway Shropshire shnce 2092.
Both the Coinmunity Wellbeing Centre and ABICS service play a c¥ucial role in ensui'ing that individllals witli an
atqutlEd brain llljuly receive the Care, rehabilitation, alld opportunkties needed to lead fulfilling lives. Having
experienced a deciease in clieTrt nutllbers in previous years, ale pleased to report ¢hat client numbers have increased
thi'oughout 2024.
STRATEGIC FOCUS ON STABILITY AND SUSTAtNABILITY
To secw'e ¢he oi'ganisation'8 futu]r, we made the strategic decision to p8uge certain planiied expan5ioThs and defer
pi'oject5 Qlltlined in our 20?4 strategy. ThÈs approach allowed us to itnplement Éneaningful cost-saving measiires ivhile
ensiirillg oui. long-term si￿l81nabl1ity.

HEADWAY SHROPSHIRE
RE
STERED NUMBER.. 04884834
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Re¢ogns5ing the f￿a)iCial pressures cr￿ted by a 9.80/0 increase in tlie National minimu￿ wage.the largest annual rise to
date-we took caretiEI steps to manage oui. budget effectively. As a result, platllied facilities upgrad¢s and expallsion
initiatives were postponed, enabling us to prioritise essential service delivery without cotnpromi5in
Amid these f￿ancial consti'aitits, we sti'engthened ovr leadersliip strncture by introducing 2 senior-level tier across our
services. This enhancement was designed to improve quality coiitrol. create cl¢arer career pr(>gression opportunities foi.
Staff, and suppoit a mol'e stru¢tured approach to service M￿lagement. By f(Kusing ot) uitemal developmeFLt and
efficieiicy, we continiicd to build a resilient. ￿l￿-PErt0rn1lllg capable of delivering the best possible care.
STAFFtNO
The SLiccess of Headway Shropshite 1$ a testament to the dedicatioTh ai)d hard woi'k of our team, and we are truly gratefiLI
for their conti￿u£d efforts. Tliey have shown resilience, patience, and ttue tealnwo￿, adapting to challenges, and
maintaining their ¢omEnittneiit to providing hIgh￿lla[1ty care and support.
Nuinb¢r of Employf£S
ABICS
Cotnmiinity Wellbeing Centre
Administiltion
2024
29
29
Reciuitment challenges p¢rsistcd throiighout 2024. largely diie to the ongoing difficiilties li) securing competitive rates
within the adiilt social cal'e sector. As a charity, Nve are unable to matcli the fll]ancial incentives off¢red by corporate
providci's. making it Ellcreasingly diffiLult to athict and retain skilled staff. Nevertheless, we reniained Lonunitted to
developing oiir workforce, investing in staff traiiiiiig, and estsblishing an in-house training provision to equip uiir teani
with the iie¢e8saiy skills io deliver high-qiiality Cdye.
We prioritsse the develtspmeiit and growth of OLir teani by funding certaitk qualifications lo enhance learning and Cveer
pi'ogi"ession. This investmcnt in OLir staffs ediication Ulldeiscores oiir commitlllent to tiieir professio1￿1 development and
loi)g-teiYn c￿e1. aspiratiolls.
To fLUther recoonise alld acknowledg¢ our team. we have continised oiir 'Employee of the ￿la￿tri Irc{)￿0 ition award,
aiid have Éiitrodiiced a siillunei. teatn biiilding eveni, celebratLII(F tlie hard work and deibcatioii of oiir teani Incmbcrs. We
also liave i'obust divetsity and iNclusioii policies in place. ensiii'ing an inclusive and supportive work eiivironmeni for
everyone.
Regular supervisRon and appraisals are conducted to provide ¢olliinuou5 feedback and suppoit, foslerino a siipportive
and growth-oi'iented workplace.
CLtENTS
At Headway Slu'opsliire, we are comniitt¢d to beÉng a clieiit-led organisation, ensurillg that the voices of those we
support shape our seivites. We actively encoui'&ge daily feedback, fostering an open aiid responsive enviroiiment where
lienis caT) share tlieir thoiights ￿ld experiences in real time. Additionally, we conduct annual surveys tr> consolidate
Insi￿tS fi'om all clients, hclping us to identify trends, address coThcerns, and adapt oui. seivi¢¢s to meet evolving needs.
This tomniilment to lisTriiing and respoiiding ensures tllat we contii)ue to provide the niost r¢levanl, impactful, and
peison-centred support possible.
One key exaniple of this Approach has been die rewiew of oiir Weadway at Home, sei'vice. With n)ore clients returnittg to
the Community Wellbeing Centre. we lliade the teniporary decision co disCont￿Ue the service. However, ive recognise
the impoitan¢e of nia1nta￿nlliO accessible, t]exible suppor( options for those unable to attend in person. tn response 10
client fredback, we are actively seeking grant filnding to rese￿.¢1] aThd redevelop Headway at Home to bettei. &lign witli
tlie current needs of ow. community. Ttsis includes Explorin. digital solutions, collaborating with loe81 authoriries and
health board% and ensuring tliat aThy fiEture model re￿￿111$ efficient, effective, and truly beneficial to those who rely on
Page 3

HEADWAY SHROPS
REGISTERED NUMBER.. 04884834
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 DECE
R2024
OBJECTIVES AND ACTIVITIES
PublSe benefit
Det&ils as to how the charity'5 a¢tivities Ère for the public benefLt are provided in the objectives and activities section
above. The IrLlStees confii'm that they have coimplied with the diity iii yectioii 17(5) of the Charities Act 2011 to have due
regai'd to public benefit guidance published by the Clydrity Commission.
FUNJ)RAISINC, DONATIONS & CRANTS
The financial landscape in 2024 remained clialleiigin8 due to ongoit)g cost presS￿reS, and consti'ained &dult social cai'¢
sei'vice fees, making it difficult to cover the true costs of servi￿ delivery. To mitigate the previous yeavs utility rises, we
s¢cui'ed an ejllergency utility support grant from tlie National Lottery con￿]Unity Fund, helping to offset unexpected
osts and prevetti further overspending.
Desp&te the cost-of-living crisis and a general decline ￿ chai'itable giY&n& ￿ndraIsIng efforts were succ¢ssthl. Tlie local
food hub continued to provide donatlODS to tlie wellbeing centtf, and thi'oiigh strategic planiiing, we se¢ured Inatch
funding tl)i'ougli The Big Give, maximising fundraising events througiioul the year. The local ¢oll]munity, including
biisinesses znd organisations across Slvopsliire generoiisly donating raffle prizes to support our fundraiskiits efforts and
events. We would also like to thank Ncscliffe Youi)o Farmers for theii. kEiid donation, along Wit￿ all other eommunity
meinbeTS Suppoited Headway Sliropsliu'e throU￿oUt 2024.
Gr￿lt applications were liighly coxnpetitive, Ivith fillidei3 repoiting unprecedented demand. However, we successfully
seciired fundtng from The National Lottery Cominunity Fulld, The Millichope Foundation, Th¢ IlÈg Give and ￿lterPriSe
Mobility Giving.
Th¢ National Lottery Cotnmunity Fund has continued to b¢ instruinental lli Sustaining oiir Wellbeing Cetltre, Ivhi¢h
Yeceivcd the final payment of its. post-covid grant in Janiiaiy 20?4. lil response to rising Llient numbers and cap&city
lllllltatians, we are actively working witli the National LottEry Itk cxplore fiuidillg for fiittir¢ expansion. Their support
remains pÈvotal, alld we al'e grateful for their ongoints commitnient to our work.
Page 4

EADWAY SHROPSHIRE
GIST£RED NUMBER.. 04884834
RKPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2
OBJECTIVES AND ACTivrriES
Volunteers
Headway Shropshire can have up to 15 Boai'd Metnbers who are all volunteers. We acknowledge th2t l)oard menther
numbers Imve been low, and we have now begun aeÉively recruiting to strengthen ow governance. Our fo¢us is on
building a diverse board that reflects the wider commuttity, bringijig together a broad range of skills and experiaice.
This will ensure a variety of perspectives and inpuL enabling us to make informed decisions that represent the lleeds of
all *hose we support.
2024, we successfully reintroduced a Str￿ctUred volunteer pro￿￿mme, &llowing us to welcome volunteers back into
our services in & more coordinated way. This tncluded the plannitw of a corporate volunteer inEtiative, aimed at engaging
businesses and local organisations in rneaningfyl contributions to our work.
Future Developments
Looking ahead, Headway Shropshire ren￿￿1$ committed to stretwhening and exp8uding our services while ensuring
fi[￿nCIal sllstainability. Key priorities for 2025 include..
Expanditig our Board of Trustees - We aitn to bring in a diverse range of skills, experien¢es, and backgrounds to
strengthen govemallce and strategic l¢aders1iip.
ResuTning postponed faLAlities llnprovemenls With e88cntiai Jnaintenance and expatksion plans put oll hold in 2024
due to cost-saving measure&, we p18ti to progress with facility enhancements, ensuring a rnore accessible alld ellgaging
eiivironmellt for our clients.
Continuing digital enhancements - We will bllild on ow digital trdnsformation strategy to i]nprove efficiency)
streamline reporting, and enhance productivity across tILe organisation.
Devel(yillg additional support groups and $i￿pOSt1￿£ ￿rviceS - Expanding our ¢ot)llnunity engagement efforts to
ensure &ndividua15 with an &cquired braRtL injury alld their families have access to comprehensive resources and peer
support network5.
While ¢hallen£es remain, our stratcgic focus ou sustainability, inllovation, and collaboratiotL will enable us to continue
delivering ￿￿￿-qlIk1lty car¢ and siipport tn those who i'ely on our services.
FINANCIAL REVIKW
Financial posltion
For the year under Yeview, income from charitable a¢tivitÈcs totalled £1,302,356 (2023-. £1,099,084) witli voluntary
incotne of £23,949 (2023.. £21,848). Charitable activities direct ¢osts were £1,042,841 {2023.. £877,334), management
and administration costs of charitable activities were £75,998 (2023.. £125,509) and runniDg Costs and building
aintenance totalled £87,100 (2023.. £97,317). Governance costs were £9,480 (2023- £15,174).
As 5bowTh in th¢ Statement of Financial Aciiviues, thi5 getterated a ￿et surplus of £86,656 for the year (2023: £5,598).
Principal funding sources
Conllnunity Wellbeiiig Centre services are charged per day. ABICS is charged at an hourly rate agreed by the
commissioning agents dependent on the needs of the client.
All other funding is through the generosity of people who fundraise attd donate to us and charitable Imti￿tiOnS whose
objects are compatible with those of Headway Shropshire.
Fundraising
The charity did not work with any commercial participators or PKof¢ssional fiuJdraiseTS during ihe year under review.
The charity is not Subje￿ to at& und¢rtakit)g to be bOl￿d by aDy voluntary scheme for regulating fvnd-raisin& or any
volwitary standard of fLU]d-raisin& kn respect of its activities. No complaints have been re¢eived about activities by the
chw'ity for the purpose of fundraising. In all fundraising activities during the periocL the charity has taken steps to protect
the public, ineludillg vuknerdble people. from ￿nreaSonable illts'usion QD a person's privacy> wireasonably persi&terLt
approaches or widue pressure to give.
P&ge 5

HKADWAY SHROPS
EGISTERED NUMBEIR: 04884834
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 CE
BER 2024
FINANCIAL REVIEW
Inv￿tMent policy and objectiv
The Articles of Association alld Trust Deed authoris¢s lh¢ tNstees to make, hold and change inVeSt￿ents at their
discretion.
Reserve5 policy and golng concer
The Chgrity Commissiott iecomtnends ￿erVeS to be held to alltsw for six months nfftntng ¢05ts in die event of
liquidation. Our estiniate of the value of six months ruii&iiiity costs is cuireThtly £685,000. The overall wuestricted fimds
at the end of 2024 £310,760, wliich we hope lo contiiiue to biiild up to meet the l¢vel re¢oillinended by Élle Charity
CO[[￿]1ssiO￿.
The total fuAds held by the c113rity at 31 Decenkber 2024 are £401,414, this includes restricted funds of £90,654 relating
to the Headway House building.
Most of tlie fullding foi. clierjts, care and rehabilitatÈoA comes from tlie NHS or the relevant local authority. This makes
the vrganisation vulnerable where public mojiey goin" to those bodies t￿CoUleS in¢reasintsly restricted. In addition it is
oftett Ilie ease that cl)anges in a client's condttion can mean that they cease tD be fuiided by one body and beconie Ilie
f￿ancial responsibiliry of another. Thi8 process c￿1 result in delays in fllnding paynients bcitig received. On this basis
it is vital thal sutricient cash is retained in the orgwiisation to allow for trmporary delay5 in the collection of fiinds due
and to give time to adjust to varying funding Icvels. Therefoi'e we aim to hold 2 months of running costs. approximately
£228,000, oil d¢posil in addition to ensw'ing that sllffkcient ￿ndS air on in the current account to tncet all liabilities
as they fatl due. At 31 Deceniber ?024 the ciirreiit accowii balance was £86,658 and deposit account balai)ces stood at
£149,145, with the ac¢oullls now being a Enonthly surplus, IÉ i5 platjned throughout 2095 And beyoiid to continue to
incre&se this incrementally to reach tlie plaiined &tnoiint.
That said, we have seen an increase in private ftinding itL both the coillmunity wellbeing centre and our ABICS 5ervi¢e,
and expanded oui. network of ftinding bodies, effectively diver8ifying oui. risk. This diversEfication includes engaging
with more c4se n3n&gers and depiities, which broadens our fiwding bas¢ and rediices reliance on ally single sow'ce.
The Tn￿teeS have reviewed tl)e circumstances of Headway Sl)ropshii'e and consider tliat adequate resoiirces contii)ue to
be available lo fund tlie activities of the charity foi. the foreseeable ￿tilre. The cost-saving initiatives and comprehensive
fJnaticia5 analysis conducted in 2024 have realigned our servlce costs and incoine, 8igiiificantly i￿provIn(l our financial
position. Despits rec¢ivitig less than half the aniount of NaÉioJal Lx)ttery fiiiiding iii ?n24 compared to ?023, Ive reported
a surp1￿. dem0tl5tratll￿ tEie etTe¢tivetiess of our cost control measures. White N&tional Lottery funds were still vital to
oui. financial stability in 2024, fore¢&%ts aiid projections foi. 2025 indicate that we will be siistaii)able ongoing.
The new managemeiit team lias identified streams of fi1￿l'C fuiiding and has reasonable assurance tliat tlie charity will
contillLie to se¢iwR surricient fundii)g and donations to suppoit its acLiviLies. Our ftiture focilses in¢liide corFx)rale
doiiations, local bustjiess collaboi'ations for fillidraiqing events, match fullding opportiinities. and key gr￿lt applicatioDs.
Fiindrdising gi'&nts are now manaoed in a stru¢ttired n)anner, witl) ali aiiiiual pla￿ place. The Board and the
dedicated teain at Headway Shropshire ale as committed 3s ever to delivering the highest quality servi¢e possible to our
clients, eiisuying tkne charity rem8iE]s a going concerll for the foi'eseeable future. The trustees and management are
confident in oui. ability to meet all fuiancial obligations as they arise and to eftectively manage any potentiai financial
risks.
On that basi5 the T¥￿te¢S air of the view that the charity is a going conceri), bul they acknowledge tliat a niaterial
uncertainty in respect of going concern exists due to the I￿lere1]t unceitaillty of futiwe funding and costs. This is
explained further in note 2 ofdie financial stalenients.
Fl'ee Reserves
At 31 December 20fj4 the charity's freely available reserves toÉalled £310,760 (?023.. £214,619).
STRUCTURE, GOVXRNANCE AND MANAGEMEIYT
Governing doellnient
The ¢hai'ity is controlled by its governing do¢utnent, a deed of irusl, and constitutes a limited CQEnpany? limited by
guayaiiiee, as def￿ed by the Cornpanies Act 2006.
Page 6

HEADWAY
ROPSHIRE
EGISTERED NUMBER: 04884834
REPORT OF THET
STEI ES
FOR THE YEAR ENDED
DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Appoiiitment of Trustees l Directors
The trustees are appointed by the voting mejnbei's of the charity at the annual general meeting. Tiwtees rnay serye for
three consecutiye years and then r￿Stand for election.
Orgxnisalional structure and decision making
T]ie tsusiees govern the cimrity through a management board. Tlie m8nagemen¢ board einpSoy a full-time Chief
Executive as operational matkager. The oi'8allisational structui'e of tlie chai'ity is clearly shown in our Or8￿1$atIOn chart
available in our Headway S￿ndards.
Decision making
All operatiotLqI decisions are mlde with the authorisation of the Chief Executive. Strategic decisions andloi. those with a
rlltsnci￿ implication i)f over £1,000 are made by the Headway Shropshire B0￿d.
Induction ond tr9ining of new trustees
All Boai'd menibers receive an lAd￿ctiOn pack before their fii'st meding which includes..
Minutes of the pi'eviou5 tlii'ee board meetings (niore available on request)
Oiii metnoranduin and ai'licles of 8SSOCiatioii
A i'olc desci'iption
fvfeeting and events dates for the cunent year
Confidentiality fonn
DBS diwlosiire application torm
Ti￿Slee de¢la1'&t￿O1}
Information foi. Cotnpanies House
Copy of the last newsletter
Business pla
La8t aniiual i'eport
The F$scntial Tiustee.. An introduction
The Essential Ti￿Stee.. What you need to know
Key managemeiit remuneration
Reinuneration foi. key Inanagement personnel is discussed at the Board meetitw an annual b8sis.
Wlder network
Headway Shropshire is a charity affil*ated to Headway- The Brain InjLiry Association. As an affiliate w¢ siuts ) Up to all
of Headway'5 policÉes pi'ocedures. We are also audited by them aMILially to ensure we are meeting their standards.
We benefit frotn receiving some of oiir insurance thrOll￿ theni alottg with legal etnployment advice frain Invin Mit¢hel
for which we make aNiual payment to Fleadway.
Risk management
The trustees have a dllty to id¢lltify and review the I'isks to which the charity is exposed #nd have cnsiired that
appi'opriate systems and procedure5 are in place to manage those risks 3nd to provide reasoiiable assuTance against fraud
aryd ei'ixjr.
REFERENCK AND ADMINISTRATIVE DETAIIS
Registei'ed Company iiuniber
04884834 (England and Wales)
Registered Charity number
1100376
Page 7

HEADW AV SHROPSlItRE
EGISTERED NUMBER.. 04884834
REPORT OF THE TRIJSTEES
FOR THE YEAR ENDED 31 DECEMBE
2024
Reglstered office
Headwdy Flouse
Holsworth Pai'k
Oxon Business Park
Shrewsbury
Shropshire
SY3 5HJ
Trustee5
J Ankers Depury chair
T Liint Chair
R VI￿terS
Ti'iistees are also directQl'5 of the company.
Coinpany Setretaiy
T Lunt (i'Ebigned 12.4.23)
Ms N W Rossiter (appoint¢d 12.4 ?3)
Chief Executiv¢ Officer
Ms S D H￿￿eS {r¢sibmed 8.10.23)
Ms N W Rossitei.
Auditoi
D.R.E. & Co. (Audit) Lin)ited
KiE]gslai)d Ho￿e
39 Abbey Foregate
Shrewsbuiy
Shropshire
SY2 6BL
The Compaiiy is i'egisÉer¢d with the Charity comnii5sioneis foi. England and Wales as a charity: its registered number is
1100376.
The Company is timited by guarantee and does not have a share capital. Its re￿(r tered company i)uMbei' is 4884834.
The charity is an affLliated membei. of the iiational charity Headway - the biJin llijwy association (r¢gistered no.
2346893).
TRII.8TEES' RCI SPONSIBILITY STATEMETr4T
The ti'llqteeq (who ale also the dii'ectors of Headway Sliropshire for the purposes of ¢oinpany law) are responsible for
prepariDg ihe Re￿rt of the Tiustees and the fitiancittl statemellts Én ac¢oi.dance wittL applicable law and United Kingdom
AccountllE Standards (United Kingdorn Generally Aeceptsd Accoiinting Practice).
Cofflpany law requiies the trustees to prepare fiiiancial stalements for each financial year which give P4 true and fair view
of the state of affairs of the ¢haritable conipai)y at)d of the incoming resoiirces and Applicatioii of resources, inc5iiding
the iu¢ome and expenditure, of the charitable coiiipany foi. tliat period. In prepai'ing those fiiiancial statenietLts, the
trustees are required to
select suitable accoimting policies and th¢n apply Ibem consistently;
observe th¢ Tnetliods and pi'inciple5 in tl)e Charity SORP;
make judgement5 and estimates tliat are reason&ble and prudent.
pi'epare the f￿a￿l(la1 statenients on tb¢ going con¢erN iiasis utiless it is inappropriate to Presutne that the cl)aritable
company will continut in business.
The trustees are responsible foi. keepin8 proper arcoiillting rteords which disclose with reasonable acciii'acy at any time
the fiiiancial position of the charitable ¢oJiipaiiy and to enable tliem Eo ensure tliat the financial statements coimply witli
the Companies Aet ?006. They ai'¢ also i'esponsible for safeguarding the assets of the charitable company and hence foi.
taking rEasonable steps for the prevention and detectioft of fraiid and oth¢r ittegulai'ities.
P8ge 8

HEADWAY
ROPSHIRE
EGISTERED NUMBIIR: 04884834
REPORT OF THE T
TEES
FOR THE YEAR ENDED
DECEMBER 2024
TRUSTEESI RLSPONSIBILITY STATEMENT- contlnued
In so far as the ts'LlStees Are awaie..
there is no relevant audit infom)ation of ivhicli the tharitsble company's auditors are unaware. and
the trustees liave taken all steps that tliey ought to have laken to make theinselves awtue of any relevant audit
information and to establish that the auditors are aware of that information.
AUDITORS
The allditors, D.IiE. & Co. (Audit) Litnited, wi51 be proposed for re-appointsnent at tl)e forth¢omllig Ant)ual GeTheral
Meeting.
This repoit lias beell prepared in accordanee with th¢ Special provisions of Part 15 of the Coinpanies Act 2006 relating
to mall companies.
Approved by order of tlie board of trustees on 6 Marel) 2025 aiid signed on its belialf by..
T LEllLt- Tnistee
Page 9

REPORT OTr TFIE IIWF.PF.NDENT AUDITORS TO THE MEMJIKRS OF
HEADWAY SHROPSFIIRE
EGIS
ED IYUMBER: 04884834
Opinion
We have audited the f￿anCI&l statements of Headway Shropshire (the 'diarit&ble company) for the year ended
31 December 2024 which comprise the Statement of Financial Activities. the Balance Sheet. the Cash Flow Statement
and notes to the f￿ancIal statements, including a sum]nary of significant ac¢ounting policies. The financial reportillg
framework tknt has beeii applted in their prepar&tion is applicable law &nd United Kingdom Accounting Standards
(Utiited Kingdorn Generally Accepted Accounling Pr&cticel.
In our opinion the financial statements..
give a tru¢ 4md fair view olthe state of the ¢harstable company's affairs as at 31 DeCe￿ber 2024 and of its illcotning
i'esources and application of resources, including its incotne and expendEture, for the year then ended.
have been pi'operly prepared in accordance with United Kingdom Generally Accepted Accoullting Practice. and
ave been prepaird in accordan¢e with the requarements ot the Companie& Act 2006.
Basi$ for opinion
We condu¢¢ed our audit in aCCorda￿ce with International Standards on Auditing (tfK) (ISAS (UK)) and applicable law.
Our responsibilities under those SI￿dardS are further d￿cribed in the Auditors, responsibilAtie5 for the audit of the
f￿anCi￿ ststernents sectKan of our report. We are itidependenl of the charitable comparty in accordau¢e with the ethical
requirements that are relevaot to our audit of the fillallcftal statements in the UK, inclUd￿ng the FRC'S Ethical StaThdard,
awl we have fiilfilled our other ethic￿ resportsibilities tn accordance with these requtrements. We believe that the audit
evidence we have obtaill¢d is sufficient and appropriate to provide a basis for our opirtion.
Material uncertainty relating to going concer
In auditing the financial statements, we have concluded that the trustees, use of the g05ng coneern basi5 of accounting in
die preparation of the f￿{￿claI statements is appropriate.
We th'aw attention to not¢ 2 uf the financial statements. which de5cribeq matters whiciL indicate that a malerial
uttceitainty exists that may cast signiflcant doubt on the ch2ritable company's ability ta continue as a going concem. Our
opinion ffts not modified respect of thi$ matter.
Our responsibiltties and the responsibilities of the trustees with respect to going conrxrn art described I￿ the relevant
sections of this report.
Other informalion
Tlie irustees are responsible for the other infomation. The othey information comprises the information included ill the
Annual Report, other diall the FU￿nCial statements and our Report of the Independent Auditurs thereon.
Our opit&ion on the fmancial statements does not Cover the other information and, except to the exlent otherwise
explicitly stated our report, we do not expreFA any form of assuY&nce conclusion thereon.
In connection with our audAt of the financial statements, our responsibility is to Erad the other infomiation and, in doing
so. consider wlicther the othei. intormation is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify sueh material inconsistencies or
apparcrtt material misstatements, we are required to determine whether tlii5 give% rise to a material misstatement in the
financial statements tlietnselves. If, based on the work we have perfomled, we conclude that there is a material
nii55tatement of thi$ other infomiation, we are required to report that fact. We have nothing to report in this r¢gard.
Opinions on other matters prescribed by the Compallies Act 2006
In our opinion. based on the woi'k undertaken in the collrse of the audit..
the infornmtion given in the Report of the Trustees for the financial year for which the fÈnancÈal statements are
prepared is tonsistellt with the fthan¢ial ststements. and
tlie Repoit of the Trustees has prepared in a¢cordattce with applicable legal reqUire￿¢ll￿.
Page 10

RF.PORT OF THL INDEPF.NDENT AUDITORS TO THE MEMBERS OF
IIEADWAY SHROPaiHIRE
EGIS
ED NUMBER: 04884834
M&tter8 which we are required to Yeport by exeeption
In the light of tli¢ knowledge and understallding of the charitable company and its envirOt￿ent obtained in the course of
the audiL we have not id¢ntkfitd material mi&statements in the Report of th¢ Trustees.
We have nothing to report in respect of the following matters where the Companies A¢t 2006 requires us to report to you
if, in (>ur opinion:
adequate accountillg records have not been kept or retllm8 adequate for our audit have not been received from
branches not visited by us. or
tli¢ f￿anCIal statem¢Dts aye not in 8greement with th¢ yccountinÈ records É￿d returns. or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received the information and explattations we require for ow. alldit. or
the ti'ustees were not entilled to take advaniage of the small conipanies exemption from the requiremeE]t to prepare a
Strategic Report oi. in preparing the Report of tbe Trustees.
Re5POfJ5ibilities of trustee$
As explained more fiElly in the Trustees, Responsibilities Statement, the trustees (who are also ttke directors of the
charitable company for the purposes of company law) are responsible for the preparation of the fU￿ncial statemenls and
for t*ing s&tsstied that they gÈve a trne and fair view, and for such internal ¢oiiti"ul as tlie tn]stees determine is llEcessary
to enable the preparation of financial statemtrjts that are free from material ￿l￿tatemenL whether due to fraud or em)r.
In preparing the f￿alICI&l st&tements, tELe trustees are responsible for assessing the ¢harit&ble compatky's ability to
continue as a goin¥ Loncem, disclosing, as applicable, mattcrs related to going concern and usit)g the going concern
basis of accounting tlie trnstees either intend to liquidate thc dJaritable company or to cease uperdtions, or liave
no realistic altemative but to do so.
Page 11

REPORT ofi THF. tNDEPENDENT AUDITORS'I'O TIIF, MFMBERS OF
HEADWAY SHROPSHtRE
EGISTERED NUMBER; 04884834
Our responsibilities for tbe audit of the financiol statements
Our obj¢ctives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatemEnt, whether due to fraud oi. error, and lo issue a Report of the tndependellt Auditors that includes our
opinion. Reasonable assw?Dce is a high level of asstrance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will alway5 detect a material misstaternent when it ¢xists. Misstatements cali arise from fizud or error
and are consÈdered material Éf, individually or in the ag￿egate, they could reasonably be expected to influenc¢ the
economic decisiolls of users iaken the basis of these fmancial statements.
The extent to which our procedures are Capable of detecting irregularities, including fraud is detailed below..
Our approach to identifying and assessing the risks of inaterial mi&statement in r¢spect of irregularitie4 including fraud
and non-compliance with laws and regulations, was as follow5..
the engagement parttLer ensured that the engagement t&im collectively had the appropriate competence, capabilities
and skills to idcntify or reCOg￿ls¢ non-¢omplia￿Lc with applicable laws and regulations.
we ideEltifIed the laws alld regulatiolls applicable to the company through discussions with directors and other
management, and from our commerc&al knowledge and ¢xperience of the care sector.
we focused on specific laws and regulations which we conSide￿d may have a direct mat¢rial effect on the financial
statements or the 0￿ratIOnS of the company, in¢luding the Couipanirs Act 2006, Charity SORP (FRS102),
employment, enviroEllnental and health and safety legislation and the Care Quality Commission regulations.,
we as5es$ed the extent of compliance with the laws and regulations identified above through making enquiries of
tllana£emenL and
identified laws and regulatÉons were communicated within the audit team regularly and the ieam remained ￿ert to
instaAces of non-compliance throughout the a￿dIt.
W¢ a8scssed the susceptibility of tli¢ coffipan￿S fEnan¢ial statements to material misstatemenL including obtaining an
understanding of bow fraud might occur, by..
- making enquiries of management as to their knowledge of actual, suspected aud allBged fraud. and
To adth'ess the risk of fraud through management bias and override of conts'ols, we..
- performed analytical procedures to identify any UnuS￿al or uttexpe¢ted ielationships;
- tested joumal entries to identify unusual transactions.
- reviewed the cashbook to identify Any large or unugual tran38Ctions,'
assessed whether judgements arnd assumptions mad¢ in determining the accounting estimates set out in note 2 were
iodicative of potential bias.
fjnvestigated the rationale behind significant or unusual trdrÈsactions,
In response to the risk of i￿¢g￿larItIeS 2nd non-cornpliaDce with laws aDd regulations, we designed procedures which
included, but were not limited to..
- agreeing finall¢ial statement disclosures to uNderlying supporting do¢wnent2tLOn'
- reading the rninutes of meetings of those charged with governance,.
enquiring of managetnent as to actu41 attd pot¢nti81 litigation a￿d claims.,
reviewing correspondence with HMRC, relevant regulators: The Charity Comrnission 8nd The Care Quality
Commission.
Page 12

KEPORT OF THE INDEPEIYDLINT AUDITORS TO THE MEMBERS OF
HEAJ)WAY SIIROP.%HTRE
REGISTLRED NUMBF.R.. 114R84834
There are inherent lit￿ltatiOnS in ollr audit procedures desci'ibed above. The more removed that laws and regulations are
from f￿anCIal transactions, the less likely it is tI￿t we would becoine aware of non-cotllpliance. Auditwg standards also
limit the audit procedures required to identify non.compliance with laws and regulations to enqllary of the directors and
other t￿￿￿8¢Mellt and the inspection of regulatory and legal eorreswlldence, if any.
Material tnisstatements that arise due to fraud be harder to detect thk)n those that arise from e￿0[ as they n￿Y
volve deliberate conceahnent or collusion.
A fiuther description of our r¢sponsibilities for the audit of tlie f￿ancial statements is located on the Financial Reporting
Coun¢&l's website at www.frc.org.uklauditorsresponsibilities. This desci'iption fonns part of our Report of the
Independent Auditorn.
Use of our report
Thts report is made solely to the charitable coiiipany's members. a5 a body, in a¢¢oi'dance with Chapter 3 of Part 16 of
Ihe Companies Act 2006. Our audit work has been undertaken so that we might state to the eharitable corDpan￿5
members tliose matters we
req
ired to state to them in ￿ auditors, report and for no other purpose. To the ￿lIest
extent pertni
d by law,
do llot accept or assume responsibility to atLyone other than the charitsble c4)mpany and the
chariÉable
pany's me
bers as a body, for our audit work, for this report, or for the opinions we have fornied.
Fi'ancis
ock F.C.C.A. (Senior Statutory A￿dItor)
for and on bekiaif of D.R.E. & Co. (Audit) Limited
Kingsland House
39 Abbey Foregate
SlllEwqhwy
Shrop5hire
SY2 6BL
6 M8Jch 2025
Page 13

HEADWAY SHROPSHtRE
STATEMENT OF FINANCIAL AcfiviTtES
INCORPORATING AN INCOME AND F,XPF.NJ)ITURE ACCOULYT
FOR THE YEIAR ENDED 31 DECEMMER2024
31.12.24
Total
fund5
31.12.23
Total
nds
Unrestricted
fiinds
Restricted
funds
Notes
INCOMK AND ENDOWMEIYTS FROM
Dorwtions and legacies
23.949
23,949
21,848
Charitable activities
ComMi￿lty Wellbeiftg Centre
Miscellaneoiis income
ABICS
ConllnLinity Wellbeing Centre funding
IS3,S49
7,312
I,IA2,910
153,549
7,312
k,112,910
28,585
121,571
1,886
932,601
43,026
28,585
Total
1,297,720
28￿85
1,326,305
1,120,93?
EXPbNDI'I'URE ON
Charitable activitie5
Comnillnity Wellbeing Centr¢
ABICS
303,398
898,181
9,517
28,553
312,915
926,734
324.660
790,674
Total
1,201,579
38,070
1,239,649
,I15,334
NET INCOMEI{EXPXNDITURE)
96,141
(9,485)
86,6S6
5,598
RLCONCIJ.IATION OF FUNDS
Total funds biought foiwai'd
214,619
100,139
314,758
309,160
TOTAL FUNDS CARRIED FORWARD
310,760
90,654
401,414
314,758
The notes forni part of these fiiianciai statements
Page 14

HKADWA Y SHROPSHIRE
REI GISTERED NUMBER: 04884834
NCE SHEET
31 DEC
BER 2024
31.12.24
31.12.23
Notes
FIXED ASSEI TS
Tangible asset5
77,108
101,876
CURRENT ASSETS
Debtors
Cash at bank and in haiid
12
181,971
236,000
146,498
118,429
417,971
264,927
CREDITORS
Amounts fall￿g due within one year
13
(93,66S)
(52,045)
NET CURRKNf ASSETS
324J06
?12,882
TOTAL ASSETS LESS CURRENT
LIABILrrJES
401,414
314,758
NET ASSETS
401,414
314,758
FUIYDS
Unreslyic￿d ￿ndS
Resti'ict¢d funds
15
310,760
90,654
214,619
100,139
TOTAL FUNDS
401,414
314,758
These f￿anCIal statetnents have bee&] prepared in a￿Ordance with ihe provisions applicable to charitsble companies
subj¢cl to the sll)all companies regime.
The financial statemejits were Itpproved by the Boai'd of Trustees and aiithorised for issue on 6 m￿rh ?025 at]d were
Si￿ed on it5 behalf by..
/10
T Lunt- Trn￿tee
The notes foi'm part of tliese fiiiancial statements
Page 15

HEADWAY SHROPSHtRE
LOW StATE1¥￿ENT
FOR THE
R ENDED 31 DECEMBKR 2024
31.12.24
31.12.23
Noles
C3sh Alows from operatimg Activities
Cash generated fi'om operations
122,932
(51,069)
Net cash provided byl(us¢d in) operating activities
122,932
(51,069)
Cash tlows from Investing 2etivities
Purcliase of tangible fixed as&el
(5,361)
Net ¢ath ([￿ed illlprovided by iAvestllig activities
{5,361)
Ch2nge In cash and C￿h eqyiv21ents in
the reporting period
Cash cash equivalents at the
beginning of the reporting perio
117&71
(51.069)
118,429
169.498
Cash and eash equival¢Jits at tbe end of
tlie reporting period
236,000
118,429
The notes forni part of Éhese fthan¢ial statenients
Page 16

HEADWAY SHROPSHIRE
NOTES
THE CASH FLOW ST ATEMENT
VOR THE YE
BNDED 31 DECEMBER 2024
RECONCILIATION OF NET llYCOME TO IYET CASH FLOW FROM OPERATING ACTIVITIES
31.1124
31.12.23
Net income for the reporting period {as per th¢ Statement of Finaneial
Activitie5)
Adjustnienls for:
Depreciation cl)arges
Loss on disposal of fixed assets
Incre3se in debtors
Increasel{decre&se) ill creditors
86,656
5,598
29,966
162
(35,473)
41,621
31,044
245
(51,759)
(36,197)
Net casb provided byl(used in) operat5ons
122,932
(51,069)
ANALYSIS OF CHANGES IN NET fjUNDS
At 1.1.24
Cash flow
At 31.12.24
Net ¢a$h
Cash at bank and itL hand
118,429
117,571
236,000
118,429
117,571
236,000
Total
118,429
117,571
236,000
The notes forni part of these ffftaN¢iai statemettts
Page 17

HE
DWAY SHROPSHIRE
NOTES TO TH
INIINCIAL STATEMENTS
FOR THE YEAR EN
I D£CEMBER 2024
STATUTORY INFORMATION
Headw&y Shropshire is a charitable company, limited by guarantee, iegist¢l'Ed in England & Wales.
charitable companYs i'ewstered number and registered office addi'e&s can be found within the reference and
athninistralive details sectioii of the Report of the Trustees.
The chai'itabl¢ cojnpangs principal place of busillesg is the I'egistered office address.
ACCOUNTING POLICICS
Basis of preparing the finaiiclal stateinents
Tile financial Statements of the chftritable ¢oÉnpany, which ig a piiblic benefit entity Lmder FRS 10? liave been
pi'epared in ac¢ordan¢¢ wsth the Charities SORP (FRS 1021 'A¢¢oulltEntt and Reporting by Charities.. Statetnent
of Recomtnended Practice applk¢able to clllrities preparing their acci)unts iti accoi'dallce with the Financial
Reporting Sta]id&i'd applicable ill the UK aiid RepLEblic of Ireland (FRS 102) (effective l Januai'y 2019),,
Finat]cial ReportiTrg Standard 102 'The Fitiwicial Reporting Standard applieable the UK and Republic of
Ireland, and the C.onipaiiies Act 2006. The fll]ancial statemeiils have be¢D prepai'ed under the l)istorical cost
convention.
These financial statem¢E)ts are for the individual entity only.
The fmancial stateillents are pr¢s¢nted Sterlit)g (£), rounded to the nearesl £1.
The tnistees 2re satisfied that the results in 2024 show a siJiific&nt itnprov¢ment over the prewÈous years. While
National Lottery fvttds were still vital to the charity's fll)an¢ial stability ill ?024, forrLasts and pi'ojections for
2025 indicats tliat the charity will be siistainablc ongofng. On this basis the trustees have concluded that the
going conc£rn basis of preparatÉon is appropriate, but that matei'ial uncertainties exist du¢ tu tlie inherent
Iinceitainty of tutsiiE fiinding and tosls.
Incoine
All iiiconie is recognised in the Statemeiit of Fiiiancial Activities Ot)ce tlie chai'ity has entitlement to the ￿nds, it
is probable tbat the income will be received and tlie amount can be n￿asl￿ed reliably.
Income fi'oln government alld otlier grants, whether 'capital' ￿allt$ or 'i'evenue' grants is r¢coJts ]ised wheii die
charity Iiaq cntitlemertt to the funds, and perfomianct coiiditions attached to the wants havc bc¢ii met, it is
probable that the income will be ieceived and the amOl￿nt can be measured itliably.
During the year. the cl)arity receiv¢d National Lottery grants 01£28,585 (20?3.. £43,026) whicb is ￿08￿1$ed in
income.
The charity &lso receives tnost of its tunding for client caie and rehAbilitation fi'oÈn the NHS or the Kelevant local
autliority.
xpenditure
Liabilities are recOg￿Lsed a5 e.xpenditure as soon as there is a legal or constriictive obligation conllllitting the
charity to that expenditure, it is probable th￿1 a trftnsfer of econoinic benefits will be requiied in settlement and
the amount of the obligation Can be tneasui'ed reliably. Expenditllre is accounted for on an accruals basis and has
been ¢188sified linder he&dings that a&gregate all cost related to the category. Where costs cannot be directly
atti'ibuted to particulai. headings they have been allocated to activitie5 on a basis consistent willi Ihe iise of
resoiirtes.
Allocation and 2pportionmeiit of eosls
Support costs are those functions that assist the woJ* of the cliarity bllt do not diitctly undeitske charitable
activities. Support costs incliide management costs and mnning costs and building niailltetkance. The bases 011
whieh support costs are allocated to the dIffe￿llt charitable &ctivitie5 are seÉ out below..
Managetllent costs.. Coiillnunity Wellbeing Centr¢ 25Yo (2023.. 250/0) and ABICS 75/0 (?023: 75¥.)- The
allocation is based on tlie amouni of nianagenient tiine spent in relation to each activity.
Page 18
colltinued...

HEADWAY SHROPSHIRE
TO THE FINANCIAL STAIEMEI wrs- eontinlled
R ENDED31 DECEMBER 2024
FOR T
ACCOUNTING POLJCIES- continued
Alloeation and apportioninent of Costs
Runt]ing costs and building mainterJan¢e.. Cominunity Wellbeitig Centre 250/0 {2023.. ?5 /ts) and ABICS 75 /
(2Q23.. 750/o)- The allo¢atlOll j5 based on the ainount of floor space within aiid around Headway HoLise whicli 1$
occupied by each activity-
Tangible fixed assets
Tangible fixed assets are ii)cluded at cost and depreciation is provided &t the following annual rate5 arnd methods
in order to write off assets Dver their estimated [￿eful life.
Long leasehold land
Long lea$el)old buildings
Furniture and equipment
Websiie developni¢nt costs
Not depreciated
5/0 stt?igJ]t lille
15V/o StraigJ)E line
Over 5 years
The trustees review taiigible fixed assets for impairnient on annual basis.
Tgxstion
The cl)ai'Éty is ¢x¢r]ipt from corpoi'ation thx on its ¢harit2ble activities.
Fund accounting
Unrestricted fiillds are available to spend on activsties that fiuther any of the puwseb of the cl?arity. Designated
fi]nd8 are unrestricted filnds of tlie charity wlii¢h tl)e tiustees have decided at tlieir di5CI'etion to set aside to use
foi. a specific pui'pose. Ke5tricted funds are donations ivhhcl) Élie doRor has specified are to be solely used for a
particul￿. purpose oy specific activity being undertaken by the chai'ity.
The natiire and putyose of each fund is eApl8ined ttote 15.
PeiisiOIiS
The charity provides a siakeholder pensioll 5chenie for permanent staff meinbers. The SCI￿rne operates on a
defmed contribution basis and the assets and liabilities of the schetne are held separately from those of tlie
haricy.
VAT
Value added lax is not rewwerable by tlie cliarity and as such is incliided in the relevant costs in the Statenient of
Financial Activities.
Hire purchzse and leasing
Rtjitals paid linder operating leases are cbarged to the StatemenL of Financial Activitie5 on a straigkt line basis
over the peiiod of the leaae.
Debtors
Trade wid other debtors are recognised at the settlemeiit ainount due aftei. any discounts offered. Prepayments
are valued at the amout]t prepaid net of any discounts due.
Cash at bank In hand
Cash at bank oiid in hand includes cash and ailloi￿ts held in bank currei)t and savings accounts.
Cyeditors and provisions
Ci'editors and provisions are recognised wheKe the charity has a present obligatlDa resultuig from a past event
that will probably resiilt ii) the trdnsfer of funds to a tliii'd paty the amouiit due to settle the obligation can be
measured or esttn)ated reliably. Creditors and pi'ovisions are norinaily recognised at thetr settlement amount
ftei. allowiiig for any trade discounts due.
FinaR]cÉal Instruments
Page 19
continued...

HEADWAY SHROPSHtR
NOTES TO THE FINANCI
FOR THE VEIAREiYDED 31 D
STATEMENTS- continued
MBER 2024
ACCOUNTING POLICIES- eontinued
Tlie ch￿'Ity only has fthancial assets and financial liabilities of a kind tbat qiwlify as basic fiwdjicial instrutneiits.
Basic ftnallcial iustruments are illitially I'ecognised at transaction value and subsequently measured at ibeir
settlement value.
SigNlfieant judgements and e5liniates
The charitable conipany mak¢s estitnates and assuniptions concerning the future. The resiilting accoiinting
estimates will, by definition, seldom equal the related actual results. The estunates and asswnptions tliat have a
5Égnificant risk of eausing a material adjustment to the cairying amounts of assets and liabilities within the next
fmancial year al'e adthessed below.
The charitable company makes an estimate of the recoverable value of tnde and other debtors. When assessing
impainnent of trade and othei. debtors, managetnent consid¢r5 factors inclLidtng the ageillg profile of debtors and
historical experieiice. See note l? for the catrying ainount of debtors.
Tlie charitable coinpany makes & signifi¢aiit judgement when allocating suppoit costs to tlie different charitsble
activities. The charity ithitially identkfies the costs of its suppoit fvncÉiolls. The support costs are then
apportioyked between the kcy charitable actLVlties as explaslled tn note 2.
DONATIONS AND LEGACIES
31.12.24
31.12.23
Donations
23,949
21,848
INCOME FROM CHARITABLE ACTIVITIES
31.12.24
31.12.23
Activity
Headway house attendanc¢
fets
Miscellaneous incotne
Grant iTtLoine
ABICS
Grdnt income
Community Wellbeing C¢ntre
Misccllatieous Micome
MiscellAncous income
AMRCS
Coillmuiiity Wellbeing Centst fuiidiiig
153,549
3,1112
3,500
1.112,910
28,585
l?1,571
1,886
932,601
43,026
1?01356
1,099,084
CHARITABLE ACTIVITIES COSTS
Support
costs {see
note 6)
Direct
Costs
Totals
Community Wellbeing Centre
ABICS
263,716
779,125
49,199
147.609
312,915
926,734
1,042,841
196,808
1239,649
Page 20
coiitinued...

HEADWAY SHROPSFttRE
NOTES TO THE FINANCIAL STATEM
S- continued
FOR THE YEAR ENDED 31 D£CEMBER 202
SUPPORT COSTS
Hwnan
resoiirces
Gov¢rDallce
costs
Management
other
Totals
Coinmunity Wellbeing
Centi'e
ABTCS
18,999
56,999
6,057
l8,173
21,773
65J27
2,370
7,110
49,199
147,609
75,998
24,230
87,100
9,480
196,808
Th¢ D]aLerial categories of expenditttre iD¢luded within support costs are..
2024
2023
StstTcosts
Estsblibhtnent costs
Depreciation of asseti
Consiimable 4ikipment and repairs
gal and professional fees
Insui'ance
50,•59
21,138
29,966
12,366
15,857
16,072
99,935
31,044
L7,452
15,496
12,301
NET INCOMEI(EXPENDITURE)
Net in¢oiiiel(expellditure) is stated after chargingl{crediting)'.
31.12.24
31.12?3
Auditors, remunei'ation
Depreciation- owned assets
Deficit disposal ot tixed assets
9,480
29,967
162
8,880
31,044
245
TRUSTEES* REMUNERATION AND BEIYCI FITS
Thei'e were iio trustees, ieilluneratioii or other benefits for tlie year ended 31 December ?024 nor for Éhe year
ended 31 December 2023.
Trustee5' expense5
No expenses were paid to trustees durillg the year to 31 De¢t￿ber 2024.
STAFF COSTS
31.12.24
31.12.23
Wages and salaries
Social secw-ity Costs
Othei. pensioTh costs
904,000
79,807
16,070
804,068
67,?22
16,086
999,877
887,376
Page21
continued...

HEADWAY SHROPSHIRK
NOTES TO THE FINANCIAL STATEMENTS- eontinued
THE YEAR ENDED 31 DECEMBER 2024
STAFF COSTS- contiiiued
The average monthly number of employees diiring the year was ps follows..
31.12.24
31.12.23
Administration
Community Wellbeing Centre
ABICS
29
29
36
39
No employees received wnoluments in excess of £60,000.
Pension contribution8 are allocated between direct costs of ¢haritable activities and support costs, a¢cording to
the I'oles of the enwloyees.
Tli¢ average monthly tkunibei. of full titne employees dui'ing the year was 20 (2023.. 20).
io.
COMPARATtVES FOR THE STATEMENT OF FJTr4ANCIAL ACTtVlTtBS
Unre51ricted
fi￿dS
Restricted
runds
Total
fund5
INCOME AND CI IYDOWMEwfs VROM
Donatjor15 and legacies
16,847
5,001
21,848
CligritAble activities
Commiiiiity W¢llbetng Centre
Miscellaneous income
ABICS
Cominwikty Wellbeing Centi'¢ fi￿ding
121,571
1,886
932,601
121.571
1,886
932,601
43,026
43,026
Total
1,07?,905
1,120,93?
EXPENDITURF. ON
Charitable activities
Commuhity we1lbe￿g Ceutre
ABECS
306,361
735,779
18,299
54,895
324,660
790,674
Total
1,042.140
73,194
1,115,334
NET IF4COMEI(IIXPENDITURBI
30,765
(25,167)
5,598
RECONCILIATION OF FUNDS
Total filnds brought fonvard
183,852
1*5.308
309,160
TOTAL FULYDS CARIUED FORWARD
214,617
100.141
314,758
Page 22
continued...

HEADWAY SHR
IRE
NOTES TO THE FtNANCIAL STATEME
FOR THE YEAR EPIDED 31 DECEMBER 2024
tttinued
ii.
TANCIBLK FIXED ASSETS
Long
leasehold
lttnd and
bllildings
Fumilure
and
equipment
Website
development
costs
Totals
COST
At l JoU112ry 2024
Additioi)s
Disposals
605,725
92,281
5,361
(19,074)
2,386
700,392
5,361
(19,074)
At 31 December 20J?
605,725
78,568
2J86
686,679
DBPRECIATION
At l Januaiy 20J?
Chartse for year
Eliminated oll disposal
509,206
26,169
86,924
3,798
(IS,912)
2,386
598,5J6
29,967
(18,912)
At 31 Deceinber 2024
535,375
71,810
2,386
609,571
NET BOOK VALUE
At 31 December 2024
70,350
6,758
77,108
At 31 Decembei. 20?3
96,519
5,357
101,876
Long leasehold land at a cost of £60,000 is incliided in tlie net book value of £70,350 (?023.. £96,519). The
l¢as¢ is due to expi¥e on 3 1st May 2992. Leaseliold biiildings reptr5ents Headwg4y House, a property piiiEhdstd
for the fiirtb¢rallce of the charÉtable objectives.
The building is held for consiimptÈotL and not investment PUl'POS¢S, SO tl)¢ trustees have not itTrcitn'ed the expense
of fomially establishing its market Yalue at 31st December ?024.
12.
DEJITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR
31.12.24
31.12.23
Otl)er debtors
Prepayments
166,622
15J49
146.498
181,971
146,498
Fage 23
continiied...

HEADWAY SHROPSHIRE
NOTES TO THE FINANCIAL STATEI MEI NTS- Continued
FOR THE YEAR ENDED 31 DECEMBER 2024
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Trad¢ ¢i'editois
Social security aiid othei. taxes
Awruals and defeffi'ed income
Other creditoi's
2,499
22,690
45,685
22,791
840
22,690
25,329
3,186
93,665
14.
ANALYSIS OF IYET ASSETS BETWEEN FUNDS
31.12.24
Total
funds
31.12.23
Total
funds
ut￿estrIcted
filnds
Kestricted
fiEnds
Fixed assets
Curreiit assets
Current liabilities
66,758
337,667
(93.665)
10,350
80,304
77,108
417,971
(93,665)
101,876
264,927
{52,045)
310,760
90,654
401,414
314.758
15.
MOVII MENT IN FUNDS
Net
movement
in tiinds
At
31.12.24
Atl.1.24
Unrestrieted furtds
Undesignated FiEnd - Genertsl Reserve
214,619
96,141
310,760
Restricted fuDd5
Headway House building fiind
99,139
(26,169)
72,970
Lottery Fund- ConimLinity Wellbeing
Cei)ti'e
ScirwFix Woodwoi'k room
16,684
16,684
1,000
I,000
100,139
(9,485)
90,654
TOTAL FUNDS
314,758
86,656
401,414
Page 24
eorttinlled...

HEADWAY SHROPSHIRE
NOTES TO THE FINANCIAL StATEMElYtS- eoAtinu¢d
FOR THE YEAR ENDED 31 DECEMIILR 2024
15.
MOVEMKNT ITr4 FUNDS- contifftued
Net movement ￿ fi￿ds, included in the above are as follows-
Incoining
resources
Resources
expended
Movement
iii funds
Unrestrieted funds
Undesignated Piind- Gerjeral Reseyve
1,297,720
(1,201,579)
96,141
Restricted
Headway House building fund
(26,169)
(26,169)
Lotteiy Fund. Conimunity Wellbeing
Centre
28,585
(11,901)
16,684
28,585
(38,070)
19,485)
TOTAL FUNDS
J,326 JOS
{1.239,649)
86,656
Comp#rative$ for movement In funds
Net
movemeiit
fllllds
At
31.12.23
At 1.1 ?3
Unresti'icted funds
Undcqignatcd Flind- Oen¢ral Reserve
183,852
30,767
214,619
Rtstyieted funds
Headw&y House bllildino ftind
125,308
(26.169)
1,000
99,139
1,000
SorewFix Woodwoi.k room
125,308
(25,169)
100,139
TOTAL FUNDS
309,160
5,598
314,758
Page 25
continiied...

HEADWA Y SHROPSHIRE
NtYrES TO THE FtNANCIAL ST ATEMENTS- continued
FO
E YEAR ENDED 31 DECEMBER 2024
15.
MOVEMENT IN FUNDS- Continued
Comparattve net llLovement in ftu)ds, lll¢lthded in the above are as follows..
Incoining
resoiuces
Resoiuces
expended
Movement
in funds
Unrestricted funds
Undesigllated Fund- Getteral Reserve
1,072.905
(1,042,138)
30,767
Restrieted funds
Headway House building
(26,169)
(26,169)
Lottei'y Fimd- Commiinity Wellbein¢x
Centre
S¢r¢wFix Woodwork room
43,027
5,000
(43,097)
{4,000)
1.000
48,027
(73.196)
{25,169)
TOYAL FUNDS
1,120,932
(1,115,334)
5,598
A curreiit year 12 moiitlis ar*d prior yeai. 12 mont7￿ combined wsition is as follows-.
Net
moveinent
in fut)ds
At
31.12.24
At 1.1.23
Unrestricted fuiids
Undesignated Fund- Geneixl Reserve
183,852
126,908
310,760
Restricteil fiinds
Headway House building fund
125,308
(52,338)
72,970
Lotteiy Flind. Comniunity Wellb¢ing
Centre
ScrewFix Woodwoi'k rooJTh
16,684
I,ooo
16,684
1,000
125,308
(34,654)
90,654
TOTAL FUNDS
309,160
92,254
401,414
Page 26
continued...

HEADWAY SHROPSHIRE
NOTES TO THE FtNANCTAL STATEMEI NTS- corjtittued
FOR THE YEAR ENDED 31 DECEMBER 2024
Is.
MOVEMENT IN FUNDS- continued
A cunEnt Ye￿ 12 months and prior year 12 nionths con)bined net movement in fI￿dS, included in tlie aLw)ve are
as follows:
IiicoJnÉng
resources
liesources
expended
Movement
fullds
Unrestricteij fiiThds
Undesignaied Fund- Genernl Reserve
2.370.675
{2,243.717)
126,908
Restricted fuNd$
Headway HoL￿e building ￿nd
(52,338)
{52J38)
Lottery Fund- Community Wellbeing
Centre
Scr¢wFix Woodwork rootn
71,612
5,000
(54,928)
(4,000)
16,684
1,000
76,612
(111.266)
134.654)
TOTAL FUNDS
?,447,237
(2,354,983)
UNRF,STRIrrED FUNDS
Unresti'icted fiJnd5 can be used in accordance with the charitabl¢ objects at the di5¢retion of th¢ tt'ustees.
Ove1711 the curirnt unrestricted funds of the charity are below the 6 months of ninning costs as IEcommeiided by
the Chat'ity Coimnission, biit the tt'ust¢es aim to contEnue to build up uttrestricted reserves to achieve the level
recotnmei)ded by the Charity Commi&8ion. During the year the balan¢¢ of the desiguoted termination fi]nd wa5
transferjed to tlie general reserve.
RESTRICTED FUNDS
Tlie Headway House building fund 15 to applied wliolly for the purchase of Headway Hoiise to enable the
chai'itable objectives of the organisation to b¢ continued and itnproved. The lund incliides past donaLions
towar(ts tlie cost of building & new Headway HoEise, although tliese plans are curi'ently on liold.
The Lottery Community Wellbeing Centre fund ielates to a Lottery Fiiiid bYai)t fot the refui'bishTnent of the
cliai'ity's in Itoitse Cotnmuftity Wellbeing Celltre. Additional fundi￿￿[ received in ye￿. related to back dated ovej.
spend on the project, these additioiial fiirtds have been cattied forwai'd to the next phase of the projecL.
The ScrewFix Woodwork loo￿ fi[￿d relates to fiinding received foi. the refiu'bishtnent of die charity's woodwork
Koom. The balance of this restricted fi￿d will be utilised it) 2025.
Page 27
continued...

HEADWA Y SHROPSHIR
NOTES TO THE FIIYANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
16.
RELATEI D PARTY DISCLOSURES
Key Manageinent Personnel Remuneration
Included within wages and salaries is rnnunei'ation of £149,642 {2023.' £117,937) in respect of key management
personjiel.
Rel%kted Party Tran5action5
At tile yew end th¢ ¢hai'ity ow¢d £6,694 fo a related party, Headway UK. thÈs balance is included in other
creditois.
17.
ULTIMATE CONTROLLING PARTY
The chai'ity is ¢ontroll¢d by the TnLStÈes.
18.
INDEMNITY INSURANCE
The charity bas expended £16,07212023.' £1?,301) during the year on insLirance. The policy includes llideln￿lty
lllSUl2nce tts protect the chariry and its ttustees against the eon8equent¢$ of clain)5 arising 8$ a result of neglect or
dcfault in tlicir reipcctive duties.
19.
SHARE, CAPITAL
The charity is limited by guarantee. a￿d as such has no share Capi￿1. Ail menibers of the charity guarantee to
contribute £1 Eli the event of 2 winding up.
Page 28