Registered number: 04479455 Charity number: 1103215
Headway Kent
(A company limited by guarantee)
Unaudited
Trustees' report and financial statements For the year ended 31 December 2024
Headway Kent
(A company limited by guarantee)
Contents
| Page | |
|---|---|
| Reference and administrative details of the Charitable company, its Trustees and | 1 |
| advisers | |
| Trustees' report | 2 - 7 |
| Trustees' responsibilities statement | 8 |
| Independent examiner's report | 9 |
| Statement of financial activities | 10 |
| Balance sheet | 11 |
| Notes to the financial statements | 12 - 27 |
Headway Kent
(A company limited by guarantee)
Reference and administrative details of the Charitable company, its Trustees and advisers For the year ended 31 December 2024
| Directors (Trustees) | Caroline Flint, Chair (Solicitor) |
|---|---|
| Alison Parker, Vice Chair (Retired Solicitor) | |
| Brian MacDowall, (Retired County Councillor) | |
| Neil Wilkins, Trustee | |
| Stefan Platt (appointed 23 July 2024) | |
| Company registered number 04479455 Charity registered number 1103215 Registered office Headway House Kent Canterbury Hospital Ethelbert Road Canterbury Kent CT1 3NG Company secretary Jennifer Walsh Chief executive officer Jennifer Walsh Independent Examiner S M Rouse FCCA DChA Kreston Reeves LLP 37 St Margaret's Street Canterbury Kent CT1 2TU Bankers Barclays Bank Plc 130 Mortimer Street Herne Bay Kent CT6 5EE Solicitors Gardner Croft LLP 2 Castle Street Canterbury Kent CT1 2QH Key Management Personnel Jennifer Walsh Hayley Cook Isabel Shuter Genevieve Bishop-Townley |
Page 1
Headway Kent
(A company limited by guarantee)
Trustees' report For the year ended 31 December 2024
The Trustees present their annual report together with the financial statements of the Charitable company for the 1 January 2024 to 31 December 2024. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charitable company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
The main aims and objectives of the charity are as follows:
To promote wider understanding of all aspects of head injuries and provide information, support and services to people with a brain injury, their families and carers.
We achieve this by:
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Increase awareness and understanding of head injury
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Participate in activities that will reduce the incidence of head injury
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Provide information and support for people with head injury and their relatives
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Promote and co-ordinate multi-disciplinary approaches to head injury, screening, acute care, assessment, rehabilitation and community re-entry with clear accountability
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Assist people with head injury to return to community living, encourage social outlets and productive activity.
b. Activities and Public Benefit
Our Community Hubs continue to raise the profile of acquired brain injuries and its effects by offering a unique low-cost professional service to brain injured adults and support to their families and carers. Our clients undertake a person-centred outcome focused programme of activities within the Hubs. In addition, we provide support to the family and carers of people with an acquired brain injury to readjust to life after brain injury. Our Counsellor provides specialist Brain Injury counselling to people who are living with a brain injury and the Link Worker signposts people to other specialist organisations for additional help as required. Headway Kent is committed to raising awareness of acquired brain injuries and the effects to professionals and the general public which we do in numerous ways, i.e. using local volunteers, participating in local events, using local media, working with local businesses, schools, colleges and universities. We continue to work with local health professionals to reduce the burden placed on the NHS. All these activities help to ensure that brain injured people do not face discrimination and are able to live a full life in the community living.
Page 2
Headway Kent
(A company limited by guarantee)
Trustees' report (continued) For the year ended 31 December 2024
Objectives and activities (continued)
Achievements and performance
a. Main achievements of the Charitable company
Thanet Community Small Grants Fund – Living With Brain Injury (LWBI) Courses Amount Received: £6,846.99
We are grateful to the Thanet Community Small Grants Fund for their generous support, which enabled the delivery of our Living With Brain Injury (LWBI) courses in 2024 to Thanet residents. With this funding, Headway Kent provided tailored, structured support to individuals in Thanet adjusting to life after acquired brain injury.
The LWBI programme equips participants with essential coping strategies, helps improve self-awareness and confidence, and fosters peer support in a safe, inclusive environment. The grant allowed us to cover course materials, facilitator time, venue hire, and refreshments—ensuring accessibility for all attendees.
Thanks to this funding, participants reported increased understanding of their condition, reduced isolation, and a greater sense of control over their lives. This work remains vital in empowering those affected by brain injury to rebuild their independence and wellbeing.
Philip & Connie Phillips Foundation – Living With Brain Injury (LWBI) Courses Amount Received: £9,553.00
We are delighted to acknowledge the generous support of the Philip & Connie Phillips Foundation, whose grant of £9,553.00 enabled the delivery of our Living With Brain Injury (LWBI) courses across Kent in 2024.
This funding allowed us to extend the reach of our LWBI programme, ensuring that individuals from multiple regions across the county—urban and rural—could access structured, specialist support following acquired brain injury. The courses offer practical tools for daily living, promote emotional resilience, and help participants navigate the complex impact of brain injury with renewed confidence.
The Foundation’s contribution directly supported facilitator costs, course development, travel, and participant resources, ensuring consistency and quality across all delivery locations. Feedback from participants highlighted a greater sense of connection, improved emotional wellbeing, and tangible steps toward rebuilding their lives post-injury. For one attendee it was the first time they had left their house in over 2 years such was their desire to attend the course for support.
We are deeply thankful for this investment in Kent-wide brain injury rehabilitation and recovery.
Active Kent & Medway Grant – Boccia Event Amount Received: £450.00
Thanks to the support of Active Kent & Medway, we were able to host an inclusive Boccia event designed specifically for individuals living with acquired brain injury. This grant of £450 allowed us to cover equipment, venue hire, and refreshments—removing financial barriers and ensuring a welcoming, accessible experience for all.
Boccia, a precision ball sport similar to bowls, proved to be a highly engaging and enjoyable activity that promoted physical movement, cognitive engagement, and social interaction. Many participants commented on how great it felt to take part in a competitive yet supportive environment.
Events like these are more than just sport—they offer meaningful connection, boost morale, and support rehabilitation in a creative and inclusive way. We are grateful to Active Kent & Medway for recognising the value of such initiatives in enhancing the wellbeing of those affected by brain injury.
Albert Burns / Kent Community Foundation – Young Persons’ ABI Support Group Amount Received: £3,000.00
We are extremely grateful to the Albert Burns Fund, administered by Kent Community Foundation, for awarding Headway Kent £3,000 to support a new initiative for younger individuals living with acquired brain injury (ABI).
Page 3
Headway Kent
(A company limited by guarantee)
Trustees' report (continued) For the year ended 31 December 2024
Achievements and performance (continued)
This funding enabled the development and delivery of a dedicated support group tailored to the unique needs of younger people navigating life after brain injury. The group provided a safe, age-appropriate space for peer connection, emotional support, and the sharing of strategies to manage challenges such as memory issues, fatigue, changes in identity, and returning to work or education.
The grant helped cover facilitation, session materials, transport assistance, and venue costs—ensuring the group was accessible and meaningful. Feedback from participants highlighted the value of being among peers who “just get it” and the relief of not having to explain or justify their experience.
This project is a vital step toward reducing isolation and supporting long-term recovery in younger adults with ABI, and we are sincerely thankful for the Foundation’s investment in their future.
Bruce Wake Trust – Boccia Tournament Amount Received: £2,000.00
We are incredibly thankful to the Bruce Wake Trust for their generous grant of £2,000, which enabled us to organise and deliver a Boccia tournament for individuals affected by acquired brain injury (ABI).
Building on the success of previous inclusive sport sessions, this event brought together participants from across Kent in a day of friendly competition, teamwork, and shared achievement. The funding supported the hire of an accessible venue, specialist equipment, medals and trophies, and essential coordination to ensure the event ran smoothly and inclusively.
For many, this was not just a sporting challenge but a celebration of capability and community. The atmosphere was full of encouragement, laughter, and pride—especially for those trying Boccia competitively for the first time since their injury.
We are proud to have offered such a positive and empowering experience, and deeply grateful to the Bruce Wake Trust for making it possible.
CAF / Warburtons Grant – Cooking Workshops Amount Received: £400.00
We are grateful to CAF and Warburtons for their generous grant of £400, which enabled us to run a series of hands-on cooking workshops for adults living with acquired brain injury.
These sessions focused on building confidence and independence in the kitchen—teaching participants how to prepare simple, nutritious meals while considering fatigue, memory challenges, and other common impacts of ABI. The workshops also promoted social connection, routine, and a sense of achievement in a relaxed and supportive environment.
Funding covered ingredients, adaptive equipment, and facilitation costs, making it possible for participants to fully engage without financial worry. Many described the sessions as “confidence building” and appreciated the chance to take new skills back into their daily lives.
We thank CAF and Warburtons for recognising the value of practical life skills in long-term recovery and independence following brain injury.
Rotary Sunrise Club
Amount Received: £500
The Thanet hub is hugely grateful to The Rotary Club of Isle of Thanet Sunrise for their generous donation of £500. The donation was specifically for the Headway Kent service users in Thanet and after some consultation with the members themselves we have been able to buy a new portable projector that is the envy of our other support groups! The remainder of the donation has been used on new cups, whiteboard and carrycase for the facilitator when taking our equipment from the upstairs storeroom to ground floor activity room.
We formally thank the Club for their generous donation and ongoing support of Headway Kent.
Page 4
Headway Kent
(A company limited by guarantee)
Trustees' report (continued) For the year ended 31 December 2024
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
Headway Kent aims to maintain unrestricted general reserves equivalent to three to six months of running costs, to protect the organisation against short-term income fluctuations and ensure continuity of essential services.
Based on total expenditure in 2024 of £268,644, our target reserves range is between £67,161 and £134,322.
As of 31 December 2024, the charity held £74,908 in unrestricted general reserves, which is within this target range and represents approximately 3.3 months of operating costs.
The Board of Trustees reviews reserve levels quarterly in line with financial risks, funding stability, and strategic plans. If reserves fall below or exceed the target range, appropriate action will be taken to address the variance, ensuring the charity’s long-term resilience and responsiveness.
c. Annual review
Income, expenditure and bank balances are constantly reviewed and the charity's progress is measured by means of a Comparison Chart which is discussed and reviewed at the quarterly Trustee's meeting.
The charity incurred a surplus during the year of £81,160, which increases our total funds to £205,034. This surplus is an increase on the previous year's deficit of £128,069. The total funds comprise of restricted £6,605 or unrestricted general funds and designated funds of £198,429.
d. Risk management
The Management Committee meets quarterly and reviews the major risks the charitable company is exposed to. As a result of our Business Plan, out KPI's, finance meetings, and client meetings shows at a glance the progress of the charity and identifies any area of concern or risk. Internal control risks are minimised by the implementation of policies and procedures for all aspects of our charity. Health and safety compliance is exercised throughout the charity.
Structure, governance and management
a. Constitution
Headway Kent was incorporated as a company limited by guarantee on 8 July 2002 and is governed by its Memorandum and Articles of Association. The Charitable company gained charitable status on 14 April 2004 and took over the activities and assets of the unincorporated association operating as Headway East Kent (charity number 1013309) on 1 August 2004. In the even of the company being wound up members are required to contribute an amount not exceeding £10. On 22 July 2022 the Charitable company's name changed from Headway Kent Ltd to Headway Kent.
Page 5
Headway Kent
(A company limited by guarantee)
Trustees' report (continued) For the year ended 31 December 2024
Structure, governance and management (continued)
b. Methods of appointment or election of Trustees
The Directors of the Charitable company are also Charity Trustees for the purpose of charity law and under the Company's Articles are known as members of the Management Committee. The Trustees of the charity are listed on the Legal and Administrative page of these accounts. Prospective trustees are identified via a search of local organisations, contacts, supporters and beneficiaries and via local publicity. Trustees receive an induction into the charity and can access local training for Trustees if required.
c. Organisational structure
The day-to-day management of the charitable company has been delegated by the trustees to the Chief Executive Officer. The trustees also receive representation from Clients, Carers and Volunteer representatives. This ensures that services are developed in accordance with the needs of our service users. All Community Hub staff are assisted by our fantastic, dedicated volunteers.
Plans for future periods
As we reflect on the upcoming years for Headway Kent, it is imperative to acknowledge the evolving landscape and navigate our course with foresight and adaptability. The recent events surrounding the suspension of contracts by Kent County Council (KCC) have underscored the importance of diversifying our income streams and reducing reliance on singular funding sources.
The suspension of contracts affecting 28 providers delivering disability services under the 'Everyday Life Activities' contract has not only disrupted service provision but has also highlighted a breach of trust between service providers and KCC. The unilateral decision to suspend contracts without provisions within the agreement has shaken the foundation of our partnership with KCC. Moreover, the subsequent desire to renegotiate contract terms due to financial constraints on their part has introduced further uncertainty and risk into the equation.
Moving forward, it is evident that placing undue reliance on contracts with entities that demonstrate a propensity to deviate from agreed terms poses significant risks to the sustainability of our organization. The unpredictable nature of the situation leaves Headway Kent vulnerable to potential future suspensions, terminations, or renegotiations of contracts, thus jeopardizing our ability to deliver essential services to those in need. To mitigate these risks swiftly and sustainably, Headway Kent must take proactive measures to diversify our funding streams and reduce dependence on contracts with volatile partners. This may involve expanding fundraising efforts, cultivating partnerships with other local authorities or private donors, and exploring alternative revenue-generating initiatives.
Additionally, it is imperative to engage in open dialogue with KCC and other stakeholders to address concerns, clarify expectations, and seek assurances regarding the stability and integrity of future contractual arrangements. By advocating for transparent and fair contracting practices, we can work towards establishing a more stable and mutually beneficial partnership framework that prioritises the well-being of service users and the sustainability of service providers.
In navigating the uncertain terrain ahead, Headway Kent remains committed to its mission of supporting individuals affected by brain injury and their families. By proactively addressing challenges, embracing innovation, and fostering collaborative relationships, we will continue to adapt and thrive in the face of adversity, ensuring that our services remain accessible and impactful for years to come.
Page 6
Headway Kent
(A company limited by guarantee)
Trustees' report (continued) For the year ended 31 December 2024
Donors and Thank You's
The Worthgate School – Student ambassadors.
We are grateful to The Worthgate School in Canterbury for participating in the first year of our Student Ambassador scheme. The students volunteered their time in our Canterbury hub and then actively promoted brain injury awareness throughout the school whilst fundraising for us. The students were all a fantastic asset to our student volunteer team and a credit to their school. In total the 2024 students raised was £200.89
Hannah Day – Whitstable half marathon
After a friend that she was planning to run the Whitstable half marathon with survived a traumatic brain injury, Hannah approached Headway Kent to ask if she could run it for us. We are beyond grateful for the huge amount of £2,628 that Hannah raised for us and wish her friend all the very best with her ongoing recovery.
Folkestone and Hythe lions
We are hugely grateful for the generous donation of £500 which has helped to continue services in the Folkestone and Hythe area over the past year.
Tam Avery – sponsored walk
Tam and her faithful 4-legged companion completed a sponsored walk for Headway – for which we are grateful for. They both raised £315 for their endeavours last summer.
Channel Ports Rotary Club
We would like to thank The Channel Ports Rotary Clun for choosing Headway Kent to be the beneficiary of their annual golf day in 2024. The day was a huge success, and we were hugely grateful to receive the kind donation of £4,100.
TJ Kent
Our condolences go to TJ as the sad passing of her mum last year. The Canterbury hub is not the same without the beloved Joyce here. At her late mum’s request donations in her memory totalling £1,279 were given to Headway Kent.
Our thanks also go to:
Wendy Allington – for her continued support and donations to Headway Kent PJ Howard – Christmas tree 2023 collection
Stour Striders
The Grand Charity - Donation from L5865, Erdemont Lodge Murder Again Group Jacob Dilnutt Roger Kendall
Dave Randall – donations in memorial John Jordon - donations in memorial
Ciaran Doyle and Debbie McLening for running The Great North run for us
All donations through the JustGiving portal – we are always hugely grateful for support and donations to support our services.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Caroline Flint Caroline Flint Director (Trustee) Date: Director (Trust noha or (Trustee)
Page 7
Headway Kent
(A company limited by guarantee)
Statement of Trustees' responsibilities For the year ended 31 December 2024
The Trustees (who are also the directors of the Charitable company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the Charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on its behalf by:
Caroline Flint Caroline Flint Director (Trustee) Date: DirectorDate: (Trustee)1 WwW CASS
Page 8
Headway Kent
(A company limited by guarantee)
Independent examiner's report
For the year ended 31 December 2024
Independent examiner's report to the Trustees of Headway Kent ('the Charitable company')
I report to the charity Trustees on my examination of the accounts of the Charitable company for the year ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the Charitable company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charitable company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the Charitable company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Charitable company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charitable company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitable company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charitable company and the Charitable company's Trustees as a body, for my work or for this report.
Signed: S M Rouse Dated: 9 July 2025 S M Rouse FCCA DChA Kreston Reeves LLP Canterbury
Page 9
Headway Kent
(A company limited by guarantee)
Statement of financial activities (incorporating income and expenditure account) For the year ended 31 December 2024
| Note Income from: Donations and legacies 4 Charitable activities 5 Other trading activities 6 Investments 7 Total income Expenditure on: Raising funds 8 Charitable activities 9 Total expenditure Net income/(expenditure) before net gains on investments Net gains on investments Net income/(expenditure) Transfers between funds 19 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2024 £ 22,750 - - - 22,750 - 16,498 16,498 6,252 - 6,252 353 6,605 - 6,605 6,605 |
Unrestricted funds 2024 £ 15,275 297,708 3,846 2,320 319,149 18,809 233,337 252,146 67,003 7,905 74,908 (353) 74,555 123,874 74,555 198,429 |
Total funds 2024 £ 38,025 297,708 3,846 2,320 341,899 18,809 249,835 268,644 73,255 7,905 81,160 - 81,160 123,874 81,160 205,034 |
Total funds 2023 £ 50,750 205,958 2,082 206 |
|---|---|---|---|---|
| 258,996 25,920 363,416 |
||||
| 389,336 (130,340) 2,271 |
||||
| (128,069) - |
||||
| (128,069) 251,943 (128,069) |
||||
| 123,874 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 12 to 27 form part of these financial statements.
Page 10
Headway Kent
(A company limited by guarantee) Registered number: 04479455
Balance sheet As at 31 December 2024
| 2024 | 2024 | 2023 | ||||
|---|---|---|---|---|---|---|
| Note | £ | £ | ||||
| Fixed assets | ||||||
| Tangible assets | 15 | 6,895 | 4,164 | |||
| Investments | 16 | 92,798 | 93,498 | |||
| 99,693 | 97,662 | |||||
| Current assets | ||||||
| Debtors | 17 | 42,156 | 16,254 | |||
| Cash at bank and in hand | 77,831 | 30,185 | ||||
| 119,987 | 46,439 | |||||
| Creditors: amounts falling due within one | ||||||
| year | 18 | (14,646) | (20,227) | |||
| Net current assets | 105,341 | 26,212 | ||||
| Total assets less current liabilities | 205,034 | 123,874 | ||||
| Total net assets | 205,034 | 123,874 | ||||
| Charity funds | ||||||
| Restricted funds | 19 | 6,605 | - | |||
| Unrestricted funds: | ||||||
| Designated funds | 19 | 123,874 | 123,874 | |||
| General funds | 19 | 74,555 | - | |||
| Total funds | 205,034 | 123,874 |
The Charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Caroline Flint Director (Trustee) CarolineDirector (Trustee)Flint (SSaiDig Date: Date: Ss ie’ . “Ub ly
The notes on pages 12 to 27 form part of these financial statements.
Page 11
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
1. General information
Headway Kent is a charitable company limited by guarantee incorporated in England and Wales. The address of the registered office is Headway Kent, Unit 3 Ground Floor, Ashford, Kent, TN24 8DH. Details of the principal activities are included in the Trustees' report.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Headway Kent meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements are presented in pound Sterling and rounded to the nearest pound.
2.2 Going concern
The Trustees have considered the charitable company's current level of reserves and consider that the charity has sufficient funds to enable it to continue in operation for the foreseeable future.
2.3 Income
All income is recognised once the Charitable company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The following specific policies are adopted and applied to particular categories of income:
Client fees are accounted for on a receivable basis calculated on days attended at a relevant centre.
Voluntary income by way of grants and donations is included in the statement of financial activities when receivable. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income from charitable trading is accounted for when earned.
2.4 Expenditure
All expenditure is accounted for on an accruals basis and includes VAT where applicable. Where such costs relate to more than one functional cost category they have been split on an estimate of time spent. Resources expended are shown as :
Charitable expenditure - comprises those costs incurred by the charity in the delivery of its activities and services for beneficiaries. It includes both those costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them, including governance costs (costs associated with meeting the constitutional and statutory requirements of the charity and includes the Independent Examiners fee).
Page 12
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
2. Accounting policies (continued)
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charitable company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following bases:
- Long-term leasehold property depreciated over the period of the lease - Computer & Office equipment 3/4 years straight line
2.7 Investments
Investments are initially recognised at cost. Subsequently investments whose value can be measured reliably are measured at fair value. Gains and losses arising from changes in the fair value of investments are included in the Statement of Financial Activities in the period in which they arise.
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charitable company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
Page 13
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
2. Accounting policies (continued)
2.11 Financial instruments
The Charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.12 Operating leases
Rentals paid under operating leases are charged to the Statement of financial activities on a straightline basis over the lease term.
2.13 Pensions
The charity operates a defined contribution pension scheme. Contributions payable are charged as an expenses in the statement of financial activities.
2.14 Fund accounting
Unrestricted funds are donations and other income receivable without further specified purpose and are available as general funds.
Designated funds are unrestricted funds earmarked by the Trustees for a particular purpose.
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund.
Investment income, gains and losses are allocated to the appropriate fund.
3. Critical accounting estimates and areas of judgment
No significant judgements have had to be made by the Trustees in preparing these financial statements.
4. Income from donations and legacies
| Donations Grants Total 2023 |
Restricted funds 2024 £ 500 22,250 22,750 37,460 |
Unrestricted funds 2024 £ 15,275 - 15,275 13,290 |
Total funds 2024 £ 15,775 22,250 38,025 50,750 |
Total funds 2023 £ 13,290 37,460 |
|---|---|---|---|---|
| 50,750 | ||||
Page 14
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
5. Income from charitable activities
| Membership fees Client contributions Client fees Counselling service Other revenue Total 2023 |
Restricted funds 2024 £ - - - - - - 320 |
Unrestricted funds 2024 £ - 1,014 294,694 190 1,810 297,708 205,638 |
Total funds 2024 £ - 1,014 294,694 190 1,810 297,708 205,958 |
Total funds 2023 £ 220 5,882 198,656 1,200 - |
|---|---|---|---|---|
| 205,958 | ||||
6. Income from other trading activities Income from non charitable trading activities
| Sale of merchandise Fundraising income Hall/room hire Total 2023 |
Unrestricted funds 2024 £ 92 3,354 400 3,846 2,082 |
Total funds 2024 £ 92 3,354 400 3,846 2,082 |
Total funds 2023 £ 144 1,495 443 |
|---|---|---|---|
| 2,082 | |||
Page 15
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
7. Investment income
| Income from local listed investments Interest receivable Total 2023 Expenditure on raising funds Wages and salaries Fundraising expenses Merchandise costs Total 2023 |
Unrestricted funds 2024 £ 1,725 595 2,320 206 Unrestricted funds 2024 £ 19,947 676 - 20,623 25,920 |
Total funds 2024 £ 1,725 595 2,320 206 Total funds 2024 £ 19,947 676 - 20,623 25,920 |
Total funds 2023 £ - 206 |
|---|---|---|---|
| 206 | |||
| Total funds 2023 £ 24,273 945 702 |
|||
| 25,920 | |||
8. Expenditure on raising funds
9. Analysis of expenditure by activities
| Charitable activities Profit on disposal of fixed assets Total 2023 |
Direct costs 2024 £ 108,673 - 108,673 212,073 |
Support costs 2024 £ 141,222 (60) 141,162 151,343 |
Total funds 2024 £ 249,895 (60) 249,835 363,416 |
Total funds 2023 £ 363,998 (582) |
|---|---|---|---|---|
| 363,416 | ||||
Page 16
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
10. Analysis of direct costs
| Wages and salaries Contract staff Activities and functions Rent and service charges Rates and utilities Travel and expenses Depreciation on Leasehold improvements Total 2023 |
Restricted funds 2024 £ - - 1,291 - - - - 1,291 32,748 |
Unrestricted funds 2024 £ 94,290 - 421 (600) - 4,204 - 98,315 179,325 |
Total funds 2024 £ 94,290 - 1,712 (600) - 4,204 - 99,606 212,073 |
Total funds 2023 £ 114,745 1,733 1,514 52,952 6,908 5,278 28,943 |
|---|---|---|---|---|
| 212,073 | ||||
Page 17
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
11. Analysis of support costs
| Wages and salaries Staff training and recruitment Insurance Printing, postage and stationery Advertising, marketing and awareness IT, software and subscription costs Legal and professional fees Repairs and equipment maintenance Health and safety Telephone Cleaning Bank charges General and miscellaneous expenses Depreciation Independent examination fee Travel and expenses Administration costs Consulting and supervision costs Hall and venue hire Profit on disposal of fixed assets Meeting expense Total 2023 |
Restricted funds 2024 £ - - - 50 704 - - 1,896 - - - - - - - 111 - - 3,660 - - 6,421 17,709 |
Unrestricted funds 2024 £ 67,089 1,813 2,168 867 990 6,461 1,923 (1,029) 432 1,419 - 468 1,183 6,363 3,449 415 398 26,310 20,932 (60) 26 141,617 133,634 |
Total funds 2024 £ 67,089 1,813 2,168 917 1,694 6,461 1,923 867 432 1,419 - 468 1,183 6,363 3,449 526 398 26,310 24,592 (60) 26 148,038 151,343 |
Total funds 2023 £ 81,646 4,239 1,984 1,768 4,191 10,611 2,092 3,711 1,543 3,049 365 366 938 5,012 2,020 2,106 367 25,430 487 (582) - |
|---|---|---|---|---|
| 151,343 |
12. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £1,550 ( 2023 - £1,500 ) , and accountancy services of £500 (2023 - £450).
Page 18
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
13. Staff costs
| Wages and salaries Social security costs Contribution to defined contribution pension schemes |
2024 £ 172,914 4,304 4,109 181,327 |
As restated 2023 £ 206,930 10,296 5,171 |
|---|---|---|
| 222,397 |
Redundancy payments in the year amounted to £8,981 (2023- £692).
The average number of persons employed by the Charitable company during the year was as follows:
| 2024 | 2023 | |
|---|---|---|
| Employees | 9 | 11 |
No employee received remuneration amounting to more than £60,000 in either year.
The total employee benefits (including employers national insurance) of the key management personnel of the Charitable company were £128,158 (2023 - £106,101).
14. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 December 2024, no Trustee expenses have been incurred (2023 - £NIL).
Page 19
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
15. Tangible fixed assets
| Cost or valuation At 1 January 2024 Additions At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
Computers & office equipment £ 21,826 9,094 |
|---|---|
| 30,920 | |
| 17,662 6,363 |
|
| 24,025 | |
| 6,895 4,164 |
16. Fixed asset investments
| Cost or valuation At 1 January 2024 Additions Disposals Revaluations At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
Investment funds £ 65,680 2,061 (715) 7,905 74,931 74,931 65,680 |
Deposit accounts £ 27,818 10,049 (20,000) - 17,867 17,867 27,818 |
Total £ 93,498 12,110 (20,715) 7,905 |
|---|---|---|---|
| 92,798 92,798 |
|||
| 93,498 |
Page 20
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
16. Fixed asset investments (continued)
Investment funds relate to amounts invested in Cofunds Limited in a multi asset fund.
Deposit accounts relate to amounts invested held in bank deposit accounts which require notice to be given before the funds can be accessed.
17. Debtors
| Due within one year Trade debtors Prepayments and accrued income |
2024 £ 40,642 1,514 42,156 |
2023 £ 14,908 1,346 |
|---|---|---|
| 16,254 |
18. Creditors: Amounts falling due within one year
| Trade creditors Other creditors Accruals and deferred income Deferred income at 1 January 2024 Resources deferred during the year Amounts released from previous periods |
2024 £ 9,646 1,102 3,898 14,646 2024 £ 5,735 383 (5,735) 383 |
2023 £ 10,662 970 8,595 |
|---|---|---|
| 20,227 | ||
| 2023 £ 18,730 5,735 (18,730) |
||
| 5,735 |
Page 21
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
19. Statement of funds
Statement of funds - current year
| Unrestricted funds Designated funds Contingency fund General funds General funds Total Unrestricted funds Restricted funds Thanet Community Small Grants Fund Phillip & Connie Phillips Foundation Active Kent & Medway Grant Fund Albert Burns / Kent Community Foundation – Young Persons’ ABI Support Group Bruce Wake Trust – Boccia Tournament CAF / Warburtons Grant – Cooking Workshops |
Balance at 1 January 2024 £ 123,874 - 123,874 - - - - - - |
Income £ - 319,149 319,149 6,847 9,553 450 3,000 2,000 400 |
Expenditure £ - (252,146) (252,146) (5,154) (5,055) (803) (3,000) (2,000) (400) |
Transfers in/out £ - (353) (353) - - 353 - - - |
Gains/ (Losses) £ - 7,905 7,905 - - - - - - |
Balance at 31 December 2024 £ 123,874 |
|---|---|---|---|---|---|---|
| 74,555 | ||||||
| 198,429 | ||||||
| 1,693 4,498 - - - - |
Page 22
Headway Kent
(A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
19. Statement of funds (continued)
Statement of funds - current year (continued)
| Rotary Sunrise Club Total of funds |
Balance at 1 January 2024 £ - - 123,874 |
Income £ 500 22,750 341,899 |
Expenditure £ (86) (16,498) (268,644) |
Transfers in/out £ - 353 - |
Gains/ (Losses) £ - - 7,905 |
Balance at 31 December 2024 £ 414 |
|---|---|---|---|---|---|---|
| 6,605 | ||||||
| 205,034 |
Page 23
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
19. Statement of funds (continued)
Contingency fund
We aim to hold in our contingency reserve an amount to that of three to six months running costs.
Thanet Community Small Grants Fund
This fund relates to monies received to enable the delivery of our Living With Brain Injury (LWBI) courses in 2024 to Thanet residents.
Phillip & Connie Phillips Foundation
The grant received enabled the delivery of our Living With Brain Injury (LWBI) courses across Kent in 2024. This funding allowed us to extend the reach of our LWBI programme, ensuring that individuals from multiple regions across the county—urban and rural—could access structured, specialist support following acquired brain injury.
Active Kent & Medway Grant Fund
This fund relates to monies received to be able to host an inclusive Boccia event designed specifically for individuals living with acquired brain injury. In the year, £353 was transferred from unrestricted funds to cover the oversepend in expenditure in relation to this restricted fund.
Albert Burns/Kent Community Foundation Fund
This fund relates to a £3,000 grant received and used to support a new initiative for younger individuals living with acquired brain injury (ABI).
Bruce Wake Trust Fund
This fund represents monies received to be used to organise and deliver a Boccia tournament for individuals affected by acquired brain injury (ABI).
CAF/ Warburtons Grant Fund
This fund represents grant monies received to enable us to run a series of hands-on cooking workshops for adults living with acquired brain injury.
Rotary Sunrise Club Fund
This fund represents a donation specifically for the Headway Kent service users in Thanet and after some consultation with the members themselves we have been able to buy a new portable projector and other equipment.
Prior year restricted funds:
Link worker
The Reaching Communities funding from the national Lottery has allowed us to employ a member of staff for 3 years to assist people with acquired brain injuries who wish to seek alternative support other than the traditional Day Centre that we have previously offered. As acquired brain injuries are so varied this role identifies person centred aims and ambitions of people who may wish support seeking volunteering, training or employment opportunities, support accessing community events and support to find the best local service for financial and housing issues. The role looks to reduce social isolation and loneliness and provide that essential link between a person and their social and economic needs.
Page 24
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
19. Statement of funds (continued)
CRM
Funding received in 2021 from the Fidelity Fund via Kent Community Foundation for a CRM. A CRM is a Customer Relationship Management database system. The OLM Eclipse CRM system has been developed by Headway Oxfordshire and it's currently in use by Headway Oxfordshire and Essex so we are aware that this system works and it makes sense to use a system that already has a track record within the Headway network. The system is bespoke to the unique way Headway works with individual clients following ABI's. The system allows for individuals Care Plan's (created by Social Services) and the Wellbeing Outcome Star (a social outcome measurement tool that we utilise with individuals) to track the individuals recovery journey. The system measures achievements and goals in a person centred way and allows for the creation of bespoke plans in a community setting, within counselling and within our Community Hubs. The data can then be used to assist clients with a visual representation of their journey as well as creating credible evidence to pursue further funding. The CRM system will provide clear evidence and outcomes to demonstrate just how important our work is to our existing funders and crucially when we apply for new funding streams.
Statement of funds - prior year
| Unrestricted funds Designated funds Contingency fund General funds General funds Total Unrestricted funds Restricted funds Link worker CRM Total of funds |
Balance at 1 January 2023 £ 200,000 33,424 233,424 13,169 5,350 18,519 251,943 |
Income £ - 221,216 221,216 37,780 - 37,780 258,996 |
Expenditure £ - (338,880) (338,880) (45,106) (5,350) (50,456) (389,336) |
Transfers in/out £ (76,126) 81,969 5,843 (5,843) - (5,843) - |
Gains/ (Losses) £ - 2,271 2,271 - - - 2,271 |
Balance at 31 December 2023 £ 123,874 |
|---|---|---|---|---|---|---|
| - | ||||||
| 123,874 | ||||||
| - - |
||||||
| - | ||||||
| 123,874 |
Page 25
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
20. Summary of funds
Summary of funds - current year
| Designated funds General funds Restricted funds |
Balance at 1 January 2024 £ 123,874 - - 123,874 |
Income £ - 319,149 22,750 341,899 Income £ - 221,216 37,780 258,996 |
Expenditure £ - (252,146) (16,498) (268,644) Expenditure £ - (338,880) (50,456) (389,336) |
Transfers in/out £ - (353) 353 - Transfers in/out £ (76,126) 81,969 (5,843) - |
Gains/ (Losses) £ - 7,905 - 7,905 Gains/ (Losses) £ - 2,271 - 2,271 |
Balance at 31 December 2024 £ 123,874 74,555 6,605 |
|---|---|---|---|---|---|---|
| 205,034 | ||||||
| Balance at 31 December 2023 £ 123,874 - - |
||||||
| Summary of funds - prior year | ||||||
| Designated funds General funds Restricted funds |
Balance at 1 January 2023 £ 200,000 33,424 18,519 251,943 |
|||||
| 123,874 |
21. Analysis of net assets between funds
Analysis of net assets between funds - current period
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total |
Restricted funds 2024 £ - - 6,605 - 6,605 |
Unrestricted funds 2024 £ 6,895 92,798 113,382 (14,646) 198,429 |
Total funds 2024 £ 6,895 92,798 119,987 (14,646) |
|---|---|---|---|
| 205,034 |
Page 26
Headway Kent (A company limited by guarantee)
Notes to the financial statements For the year ended 31 December 2024
21. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior period
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total |
Unrestricted funds 2023 £ 4,164 93,498 46,439 (20,227) 123,874 |
Total funds 2023 £ 4,164 93,498 46,439 (20,227) |
|---|---|---|
| 123,874 |
22. Pension commitments
The Charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £4,108 (2023 - £5,171). £1,101 (2023 - £970) were payable to the fund at the balance sheet date and are included in creditors.
23. Related party transactions
The Charitable company has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charitable company at 31 December 2024.
Page 27