Coinpany registration ll￿rnber-. 053?8774
Charity registration number-. I 11 ?256
CHARITY COMNnlSSION
FIRST CONTACT
0 6 JAN L)ZS
RECEIVED
Headstart4Babies
IA cojnpany liniited bi. guarantee)
Unaudited Annual Report and Financial Siaten)ents
for the Year Ended 31 Deceinber ?O?.I

Headstart4B8bies
Contents
Reference and Administrdtive Details
Strategic Report
Trustees.Repc*rt-.
Statement of Trustees, Responsibilities
Independent Exan)inerfs Report
Stateinenr of Financial Activities
Balance Sheet
Notes to the Financial Statements
Q to 19

Headstart4Babies
Reference and Administrative Details
Chief Executive Offb¢er
Mr P Saich
Trustees
Mr P Saich"
Mrs K Saich
Mrs S E Laflin
Mrs R M¢ade
Se¢r¢t#ry
Mrs K Saich
Principal Office
54 Woodfield Lane
Lower Cambourne
Cttmbridge
Cambridoeshire
CB23 6DS
Con]pan.v Registration Number
053?8774
Charit). Registration Number
111?256
Independent Examiner
Weir Associates Ltd
Allia Future Busines5 Centre
KingFs Hedges Road
Cambridge
CB4 7HY
Page I

Headstart4Babies
Strategic Report for the Year Ended 31 December 2023
The trustees. who are directors for the purposes of compaiiy law. present their strategic report lor the year ended
31 Deceinber 20?3, in compliai?ce with $414C of the Coinpaiiies Aci ?006.
Achiei'emenÉs and perform*Nee
During 2023. the level of applications for fullding from laniilies appeared levelled off to some extent. which
enabled us to cope ivith further challenges I￿ fundraising. Nei'eiihele5s. Ive We￿ pleased to continue to proi'ide
support to a significant nuinber of fatnilTes aeross the LIK. usin&1 Il)e IEserves built up over previtsus years where
needed. We were also able to offer help and advice to tamilie% who needed to undertake their own fundraising to
Ineel the cost of their treathnent.
Our relatiollships with all the clinic5 offering treatment conliiiue to develop and Ihey regularly direct famili￿ to
us for advice 2nd fvnding. To ensure that we can help as niani, families a5 possible the trllstees remain eoi??miited
to building and distributing thc fund and to offerinLT increased lei'els (Ifsupport wliereveT possible. The charity is
developing a new ivebsite and is planning tu iinprove lis social Inedia pres¢iice 10 iaise awareness eiien furthej".
As ever, we reinain deterniined to spread the word about plagioeephaly and 10 3SS15t ds many faniilies a5 Possible
to proceed with helimet treatment where it is needed.
PriMcip&lrisA's aniliiiicertullllies
The ti'llste￿ have a dufv to identify and review the risks to whTch the Ll)arity is elposed and to ensu￿ appropriate
controls ale in plac£ to piK)vide reasonable assurance against liaiid and eiTor
The 5traregic rep(irt wa5 approved by the trustees of the chdfiiy Lln ..
and sigiied on its behalf by..
f./K.J4,'
Mr P Saich
Chief Ekecutive Ofyicer and'frustee

Headstart4Babies
Trustees, Report
The trnstees, who are directors for the purposes of coinpany l&w. preselli rhc annual report together with the
financial siatements of the chai'itable company for the yeai. ended 31 December ?0?3.
Objectives Ilhd activities
Ohjeert qnd (Illll.F
Headslart4Babie5 is a charitable org8nisation which aims lu raise awareness ot plagiocephaly aiid brachyycephaly.
As ￿'ell as increasing the profile of both conditions. we offer 5uppori. adviLL and. tvhere required. fundin&T towards
treaiment to familics whose bab￿e5 are affected. We also aiin lo w'ork iviih NHS professionals ro educate paiEnts
about iwdys in Kvhich plagiocephaly and brdehy¢ephal} cai) bL' alleviaied and to intraduce both health workers and
parents lo the benefits of helmet therapy for babies with severe asjinmetry. Oui. longer-tenm objective is to
persuade the NHS to ejnbrace and offer free treatment acr055 the UK
iblit benefil
Tlie ti'uslees confirni thar thry have coinplied with the requirements of section 4 of (he Charities Act 201 I to have
due regard to the public benefit guidance published by the Chariti. Comini55ion for England and Wales.
Structurei governanee and m4nagtment
ofgvvernihg doi'umeiii
Tlie charity is controlled by its governing documen¢ a deed of trust. and coi)stitutes 8 limited Company, limited
by guarantee. as def)ned by the Companie5 Aci ?006.
Majorrisks uiidnithllfjgemeul ofihose risks
The trustees have a dufv to identify and review the risks to which 11)e charit) is eYpos¢d and to ensure appropriate
controls are in place to provide reasonable a55urnn¢e a4ai115t fraud and erroi.
Financial instruments
Objeeilves aiidpolicies
The chai'ity's activities expose it to a number of financial risk5 includii)i) credit risk, cash flow risk and liquidity
risL. The tjse of financial dei'ivalives is &iovemed by the charitN' s poliLies approved by the board of trustees. which
provide written principles on the use of tinancial derivaiii'e5 to Indlldgje Ihe5e risk8. The charity does not use
derivative financial instnjmenls lor speculative purpose5.
casli.flow risk
The charily's activities e.xp05e it prTmarily to Ilie litiancidl rigk% i)t cliange.% in interest rates. Interest bearing assets
and liabilitie5 are held at fixed rdie to ensui'e certaiiily ol'Lash Ilows.
Page 3

Headstart4Babies
Trustees, Report
Credil risk
The charity's principal finaTacial assets are bank balances and cash. trade and othei. ieceivables. and investments.
The eharity's credit risk is primarily attributable 10 its trade receTvable8. The amoun15 presented in the balance
Sheet are n¢t of alloii'aiices ltir doubtful receivables. AI] 2L IloivaTlCC for iinpainnent j5 Tnade where thti'e is an
identified Ios5 eveni which. based on previous e.Iperience, 1.% cvidence of a reduction iii the recoverability of tlie
The credii risk on liquid funds and derivative finan¢ial insiruments is limited because the ¢ounterpartie5 are banks
with high eredit-ratings assigned by intemational credit-raiing agencies.
The charity has llo significant concenlratiot> of credit ri8k. with eNpo8ure spread ovei. a larg¢ Iiumber of
ounterparties and customers.
Liquidity ri&k
The charity currently holds sufficient cash deposits to cover ongoing operaiions and future developinents. Ther¢
is no requiTeiMenl for the use of long-tem1 or short-lellm debt finance in order lo maintain liquidity at present.
Further details regarding liquiditt, risk can be tOUTJd iii Ihe Staternent ol. accouiiting polTcies in the financial
statements.
The annual report was approved by the trustees ot the charity on ........ .. ........
Mr P Saich
Chief Executive o￿lcer and Ti'uslee
Pagie 4

Headstart4Babies
Statem¢nt of Trustees, Responsibilities
The trustees (who ¢we also the directors of Headslart4Babies loi. the purpos￿ of coinpany lawl are iesponsible for
piepai.ing the trustees, repon and the fii)ancial stateintnis in accordanLe ivith the United Kingdotn A¢¢ounting
Standards (United Kingdorn Generally Accepted A¢counling+ Pi'acticel and applieable law and regulations.
Company law iequires the ti'ustees to prepare tinancial statemtiits tor each fiiiancial year. Under company laiv the
lrnstees musl not approve the financi815tarenients unles8 they are salislied that Ihey give a trLie and fair vie1￿ of
the stare of affajrs.olthe ¢hari10bl<¢tsinpany and ol. its.inooniin¥ resourcestnd applic8t.ion of-regource>. includinu
its inconie and expenditure. for that period. In preparingF these financial statements. the trustees are required to..
seleci suitable accounting policies and apply them eonsistenily..
observe (hf Imethods and piinciples in the Charilies SORP:
make judgement5 and estimates that are reasonable aiid prudent-
state whethei. applicable UK Accountin&Tr Standard% have been follow'ed. 5ubje¢t to any Inaterial departures
dis¢losed and explained in the financial statements.. and
pi'epare Ihe fiiiancial staieiiients on the going Loncem iiasis unless it TS inappiY)priate to presunie that the
chariiable coinpany ivill continue in business.
The trustees are responsible for keeping adequate accountino reLOTds thai 8Te sufficient to shoiv and Explain the
charitable coinpany's transactions alld disclose with Feasonable aLcuracy at anv liiiie tlie linanctal position of the
charitable company aiid enable them to ensure that the finai)Lial staieinents comply with the CompanEe5 Act ?006.
Tlity are also responsible for safeguarding the assets ot the char￿Table Lompany and hence for taking Jrasonable
steps for the prevention and deteetion of fraud and oth¢r irregularities.
Appmved by the trustees of the charity on ....... ..
and %ibined on ils behalf by..
Mr P Saich
Chief E.iecutive Offie¢r an(1 Truslee
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Headstart4Babies
Independent Eyaminer's Report to the trustees of HeAdslart4Babies
I ieport on the accounts of the charity for the }'ear ended i l Deceinber 2023 which are set out on page5 7 to 19
Respective responsibilities of trustees and ¢xaminer
The tru5rees Iivho are also the director5 of the coinpan), fnr the purposes of company law) are responsible for the
preparation Of the accounts. The trustee5 consider tlial &udit is iiol rcqiiired for this year under section 144(2)
of the Charities Act 2011 (the ?01 l Act) and Ihat an independeni exaniinalioii is needed.
.Having satisfied.Inyself tbgt the Gtwity.is noLsubject,to.audit undei. coirpan)'.l&w aryd is eli￿[bl￿for,Trydependtnt".
examination. it is iny responsibility to-
examine the 2¢counts under section 145 of tlie ?01 l Act:
to follow the procedure.% laid down in the gener31 Di￿£tIonS oiven bv the ClTrai'ity Conimission under section
145{illbl ofthe 201 l Act: and
to state whether particlllar matter5 have come to Tny attention.
Basis of independtnt eXa￿lDer'S report
My examination wag carried out in aLcordance iyith the genernl Directioiis giveii bj. the Cl)arity Coimmission. An
examin2tTon includes a review of the accounlinb? Tecords k.epr by IhL cliarity and a compari50n of the accounts
presented with those records. It also includes con5ideratioii of any unusual itetns oi. disclosures in the accounts,
and seeking explanations froin you as trustees collcemin¥ any such tnatters. The procedures undertaken do not
provide all the evidence that would be required in audir and consequently no op￿￿110n 1$ 8ÉveD as to whether the
ccounts PTe.%ent a'trne and fair view and the report is limited to those matters Set out in ihe statement below.
Independent examincr's 51gtement
In connection with Iny examination. no tnatter h8$ come to m), attention..
(I I which gives me reasonable cause to believe that in yny material respect the requireinents..
to keep accounting reLord4 in aceordan¢e iviih section 386 ol-lhe Coinpaiiits Act ?006; and
to PTepare accounts which accord with the accountin&) Ircord5. Loinply wirh the accounting requirements of
section 396 ofthe Companies Act ?006 and with the rnethod% and prii)ciple5 ofthe Stateinent of Recommended
Prnctice.. Accounting dnd Reporting bs, Cliarities
have not been met: or
(2} to ivl)ich, in niy opinion. attention should be drawn in order lo enable a propel. ullderstanding of the accouiits
to be ieaclied.
O_ Isg•
Weir Associates
Allia Futures BUSIn￿S Centre
KinuTS Hedges Road
Caiiibrid&ie
CB4 ?HY
PaLye 6

Headstart4Babies
Statelltent ofFin#ncial Aetivities for the Year Ended 31 December 2023
(Intluding Income and Expenditure Aceounl and Statement of Total Recognised Gains
and Losses)
UDrestrieted
funds
Total
2023
Note
'Ineome"and EMdowmem*g froni".
Donations and legFa¢ies
Iiive5tnient income
206.636
570
206.6i6
570
OTotal Incon)e
?07.206
207,206
Expenditure on:
Raising tunds
Charitable dCtivittre5
(5.75.fj1
718,399
15.755)
218.399
Ttstal EApeiiditure
?24 1541
??4.1 j4
Net expenditure
16.948
16.948
Net Jnoveinent in funds
116.948)
116.948)
Recomeiliation of funds
Total funds broughi foiivard
Total Funds ￿rrIed forward
77.708
77.708
13
60,761
60.761
Unrestricted
funds
Totxl
2022
Nott
Income and EndowmtTrts from:
Donations and legacies
Investment income
103.099
75
103.099
75
Total Incoine
103.174
103,174
Expenditure on:
R2ising funds
Charitable activities
(5.5101
117.149)
{5510)
117,149
Total Expenditure
1 ?? 6591
1??.6591
Nel exper]ditiire
19.485
19,485)
Net movement in funds
119,48))
{19.485}
Reeonciliation of funds
Total funds brought forward
97,193
97.191
Total fund5 carried toivard
77.708
77.708
All of the charity's activities dei'ive troin contiiiuing operJlioiis durinb Ilie above two periods.
The funds breakdown tor 2023 is shoiYiTr in note 13.
Pa¥e 7

Headstart4Babie$
(Registration Dumber: 05328774)
Balance Sheet as at 31 December 2023
2023
2022
Note
Fixed assets
Tar]gible assets
Current assets
Cash at bank and in hand
79.067
Creditors: Amounts falling due wlthin one year
Net current assets
1.364
1.364
60.760
77.703
Net assets
60.760
77.708
Funds of the charity:
Unrtttricted income funds
Unrestricted funds
60,760
77,708
Total funds
60.760
For the financial year ending 31 tkcember ?0?3 the charity i¥as entiiled to e.¥emption from audit ullder section
477 of the Companies Act ?006 IElatiThg lo sinall coinpaiiies.
DireLtors' re5ponsibiliÈies'.
The niembers have not required the ch￿'lty to obratn an audit of it5 a¢count5 for the year in question in
accordance with section 476:
The directors ackn0￿,1edge theii. responsibilities for Loniplying wirh the rLquirements of the Act M'iih respect
to accounting records and the preparation ol'acLounts.
These accounts hav¢ been prep2red in accordance with the proi'i510ll5 applicable to companies subject to the small
companies regime.
The financial statements on pages 7 to 19 were approved by the trustees. and auihoi'ised lor issue on
and signed on their behalt by..
Mr P Saich
ChiefExecutive oificer and TnJ5tee
Page 8

Head5tart4Babies
Notes to the Financial Statements for the Year Ended 31 December 2023
I Charity status
The charity is a charity limited by guaraniee and consequently does tTrot liave Share Capiial. Each of the trustee5 15
liable to contribute an ainoullt not exceeding £1 towards Ilie d%s¢1.s i)fiiTre Lliai'ily iii the event of liquidation.
2 Accounting polieits
Sunimllry of signifi¢ant decoiiiiling policie5 and key aceownting tstimates
The principal arcountTng policies applied in the preparation ol'thest fiiianiial siatemenis are sel out below. Tliese
policies havt been consistentl), applied to all the years preseiTrted. unless otherW￿Se stated.
Statement of ¢ompli#nee
The fiiiallcial statements have ken prepared in accordance with Aecounting and Reporting by Charities:
Statement of Recomimellded Practice applicable to charities preparing their accounts in accordance ivith the
Financial Reporting Standard applicable in the UK aiid Repiiblic of Ireland IFRS 1021 (effective l January ?015)
(Charities SORP {FRS I O?)), the financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 10?) and the Companies Act 2006.
Basis of prepgrntion
Headstart48abies Inee15 the definition of a publi¢ b¢netil eniity Lindei- FRS 10? Assets and liabilities are initiallv
recognised at historical cost or transaction value unl￿$ otheriyise staled in the iyleyant accounting policy note5.
Going con¢¢rn
The trustees consider that there are no material uncertainries abou( the cliarity'5 ability io continue as a going
concern iior any signifjcant areas of uncertainty that affect the carryin&T value of assets held by the Charity.
Exemption from prtp4rTng a cash flow statement
The Charity opted to early adopt Bulletin I published on ? Februwy ?016 and have therefore not included a cash
floiv statement in these financial stateinents.
Income and endownieTrts
All incoine is Tecognised once the chariiy has entitleinenl ro the income. it is probable that the income will be
received and the ainount of the income receivable can be 11?easured reliably.
Donttlioms ondlexacies
Donations are recognised when the charity has beeii notilied in writing of both the amount and 5ettlemeni date. In
the event that a donation is subject to conditions that require a level of performance b}. the Charity befoiE the
charity is tntitled to the funds, the income is deferred and not recognised until eith¢r those conditions are fully
met. or the fvlfilment of those conditions ig M.holly within the conirol ofthe Lharilv and it is probable that these
conditions ivill bc fvlfilled iTr the reporting period.
Jnve51meiil incijme
Dii'idends are recognised once the dividend h8$ been declared and notification has been received of the dividend
due.
Page

Headstart4Babies
Notes to the Financial Statements for the Year Ended 31 December 202.1
Expenditure
All expenditure is recogni5ed once tl)ere 15 a legal or constructive obligatioll to that e.xpenditure, it is probable
settlemeiit is required and the ainount can be illeasured reliably. All cost.% gre allocated to the applicable
expenditure htradii)g that abgreg)al¢ siinilar costs tu thal Lategory. Where co.sts cannot be direetly atti'ibuied to
particular11¢4dings theybaYÈ kne￿ allocated L)n ILb&%ikconsistent with Ehe iiseof resource& with ¢en1ral￿t￿ff e05t
allocated on the basis of time 5p¢nt. and depreciation charges allocated on the p(Trrtion of the 255et's use. Other
support costs are allocated based oli tlie spread of staft c(Trsts.
Riiisirtgfhnds
These are eosts incurred in attracting voluntary income. Ihe manageinenl ol- investinents and those ineurred in
trading aetivities that raise fvnds.
Chariioble aclivliieg
Charitable expenditure comprises tliose costs illcurred by the eharitv in the delivery of its activities and services
for its benefiLiai'ie5. It includes both costs that can be allocated dFrectly to such aetivities and those costs of an
indirect nature nere55ary to support theim.
GrlliilprovAIitstts
Provisions for grant5 are I￿ade when the intention to Diak'e a iyrant has bteTr cominunicated to the recipient but
thei'e is uncertainty aiK)Ut either the timing> of the gr￿nt or the ainount of graiit payable.
Support costs
Siipport costs include central tunetions and have been allocated lo activity. cost categories on a basis consisteiit
with the use of resoyices. for e.xainple. allocatints propertv. costs by tloor areas. nr per capiia. staft costs by the
time speiit and other Costs by their usage.
Governance eosts
These include the costs attributsble to the charity-g compliance M'ith coiistitutyonal and statutory reqiiirement5,
including audit. strategic management and trustees, n)eetingq and reimbursed ekp¢nses.
Taxation
The charity is c(Fnsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therelore
it meets the defi￿lti0ll of a charitable eoinpaiiy for UK corporatioii taN purposes. Accordiiigly. the charity is
potentially exempÈ from taxation in respect of incoine or capitsl gains received within categories covered by
Chapter 3 Parl I l of the Corwraiion Tax Act ?0 l O or Section ?56 of the Taiation of Chargeable Gain5 Act 1992.
io the extent that such income or gains are applied exclusii'el), lo charitable purposes.
Tangible fixed assets
Individual fiAed assets are initially recorded at cost. less any subsequent accuin￿1ated depreciatitsn and subsequeni
accutnulated iinpairment ￿05Ses.
Depreciation and amorti54tion
Depreciation is provided on tangible fixed assets so as to W'rite i)ffthe cost or valuatTOn, les5 any estlinated residual
value. over iheir experted useful econornic life as tollows..
Asset class
Plant & Machii)ery
Dcpreclation method and rate
?5ts/0 Reducing balan¢e
PagL 10

Headstart4Babies
Notes to the Financial Statements for the Y¢ar Ended 31 December 2023
Cash and £ash equivalents
Cash and cash equivalents coinprise cash on hand and call deposit% and other 5hort-term highly liquid investments
t]iat are readily eonvertible to a known èmount of c&sh and are subjeci to an Fnsignific&nt risk of change in valiie.
Trade creditors
Trade creditors are obligations to pay for g(K)ds or services thai have been acquired in the ordinary couw of
business from suppliets. Accounts payable are classified as Lurwnt liabilities if the charity does not have an
unconditioiTral righL ai the end of the reporting period. io deter seiilemeni of the Creditor forat least ￿lre11'e Inonths
after ihe reporting dale. If theie is all unconditional righi to defer settleinent for at least twelve rnonrhs after the
reponing date. they are presented as non-current liabilities.
T17de eTeditors are recoginised initially at the transaction price and subsequently Ineasured at amortised cost using
the effective inteirs¢ m￿hOd.
Borrowings
Interest-bearing borrowings are initially recorded at fail. value. nel of transaction coslg. Interest-bearing
boi'rowings are subseqLiently carried at amortised Cost. with the difference between the proceeds. net of transaction
05ts. and the amount dLie on I'edeinpiion beingi recogni8¢d as a cliarge to rhe Sraiement of Financial ActivitEes
over the period of the relevant borrowing.
Inierest expense is recognised on the basis of the effective illterest method and is included in interest payable and
5inTrilai' charges.
Bom)wingy5 2Te classified as Curreni liabilities unless the Lharity has an uncoiiditional righr to defer settlement of
the liability for at least twelve montlis afier rhe reporting dale.
Fund structur¢
Ullrestri¢ted income fundg are general fijnds that are available tor use ai the ¥rustee.%' discretion in ￿rthe1'a￿ce of
the Objectiv￿ of the charity.
Designated Unrestricted inLome funds are general funds ihgt have been eamiarked for use against 8 ptrticular
project in furtherance of the objeLtives of the eharity. Tlie desig)nation has an administrative Pu4￿se only. and
does not legally restrict th¢ trustees, discretion 10 apply Ihe lund.
Fin8ncial instruments
Clajsificalioii
Financial assets and financial liabililies are reeo¥nised when ilie charity becoiiies a party io the contractual
PI'OV15TOlls of the insti'uinent.
Financial liabilities and equity instruments are classitied aLcording to ihe substance of the ¢Dntracrual
arrangjernents entered into. An equity instrument IS 2n>, contrdcl thal evideiices a residual interesi in the assets of
the charity after deducting all of its liabilities.
Page I I

Headstart4Babies
Notes to the Financial Statements for the Year Ended 31 December 2023
Recogniiion tsndtheasiirevwnl
All fiiiancial assets and liabilities are initially mea511red at transaction price {ineluding trdnsaelion Costs), except
for tl)ose financial assets classifIed as at fair value througyli profil oi. loss. which are initially Ineasured at fair value
(which is nornially the transaction price cxcluding tFansactioii costs). unle55 the arrangement constitutes 2
financing transactiUT). If an arrangement constitutes a IinanLillgT t17nsactioii. the Iinancial asset or financial liabili.ty.
IS theasured at the presenl valuc of the thture paynients-discounied al a maik.et rate of inlerest tor a siinilar debt
instrujnent.
Financial assets and liabilities are 01)ly offset in the stateinent ot linancial position ivhen. aiid only ivhen theie
exists a legally enforLeable right to set off the recognised AnioLints and the charity intends either 10 settle on a net
basis. or to realise the 2sset and settle the liability siinultanlously.
Financial ossels are dereCOg￿1Sed when and onl). when al thc contractual I'iglits lo the cash floNY5 froin the financidl
asset expire or are seiiled, b) the charity rransfers to anorher party sub￿tantIallY all ol. Ihe risks and rewards of
ownership of the finanLial a5sei, or c) the charity. despite liavTnbF retained some. bui not all. sigiitficant risks and
rewards of ownership, ha5 transferred eontrol of the asset to another party.
Financial liabilities are dere¢ogThi5ed only when the oblig)ation specified in the contract is dischai'ged, cancell¢d
or expires.
Page 11

Headstart4Babies
Notes to the Financial Statements for the Year Fnded 31 Deeember 2023
Deh¢ inKriimellls
Debt instruments which Ineet the following condition5 ale subsequentlj. Ineasured at amortised cost using the
effective interest method..
(a) The conli%ctiial relum to the holder is {1) a fixed ainoLinr.' liil a po8itiii¢ fixed rate or a positive variable rale.
oi. fiii) a coinbinatioii of a iiosilivé or 2 negative fiAed"rate and a Posiiiwè vaiiable ratè.
(b) The Contract may provide for Fepayments of the pi'incipal or the ￿lUTn lo the httlder Ibut not both) to be lillkcd
to 3 single relevant observable index of general price inflaiion ol. the currencv in which the debt tnstruinenl is
denominated. provided Such links are not leveraged.
(c) The contract may provide for a deterniinable variation of rhe return to the holder during the life of the
instrument, provided that (il (he new rdte satisfEes conditioii (al and ihe variation is not coiitingeiit oll fvture events
other than I l) a cl)angye of a contractual variable rate- {?) io proteLt ihe holder against credit deterioration of the
issuer,. {3} ¢hangJes in levies applied by a central ballk or arisin¥ froin chanLsLS in rtlevallt takation or law: or (li)
the new rate is a market rate of interest and satisfies condition lal.
(dl Tliere is conlvdctual provision thai could, by its tenn8. result in the holder losing the principal amount or
any iiiterest attributable to the curreni period or prior periods.
(e) Contractiial provisions ihat pemit the issuer to prepay a debi instruiMent or permit the holder to put it back to
the issuer before Inaturity are not contiTTgellt on future ei.'enrs. oilier than to proteci tht holder against the eredit
deleriorntion of ihe issuer or a change in control of the issuer. or io proitct the holder or issuer against change% in
levies applied by a central bank or arising from changes in ielev2ni taNation or law.
lfj Contractual provisions may pemiit the ektension of the tenn of the debt instrument. provided thal the reruni to
the holder and any other contractual provision5 applt¢able during the e.Ktended term satisfy the conditions ot
paragraph5 lal to Ic).
Debt instruinent5 th￿ are classified as yayable or receivablt Kiiihill olle yeai-on initial recognition and ivhieh Ineet
the above conditions are Ineasured al the undiscounted atnoullt of the cash or other consideraiion expecied to be
paid or received, net of impaimient.
With the exception ot svine hedg?ing instrumenis. other debt instruii?ents not n)eeting these conditions are
Ineasuied at taiT value Ihrougli pi'ofit or loss.
CominitlT2ents to Inake and receive loans which meei the conditions mentioned above are measured at cost (which
may be nil) less ijnpaitment.
IHve.flinenls
Invesimenls in non-CO￿VertIb1e preference shares and noii-puttablt ordinary or prelerence shares {where sha
are publicly traded or their fair value is reliabl}, nieasurablLI are measured at fair value through profil oi. loss.
Where fair value cannot be measured reliably. investment5 aTe illea5ured at cost less impaimient.
Investments in subsidiaries and associates are measured al cost less IIIIP2irii?eni. For inveslinenls in subsidiarie5
acquired for consideration ineluding the issue of shares qiialifv1￿97 for Inerger relicf. c05t is me￿u[ed by reference
to the noininal value of tht shares issued plus fair value of other coiisideration. Any preinium is ignored.
Page 13

Headstart4Babies
Notes to the Financial Statements for the Year Ended 31 December 2023
Deriva¢ive fintsneiul in51rnm£nl
DErivative5 are initially reci)gnised at fair value at the date a derivative contract is entered into and dre
SLib5equently reineasLired to their fair value at each reportin￿ dale. -l-he iesiiltlll& bTain or Ios5 is recog)nised in
statement of financial activities irnmediatcly uiiless the deri¥'aEive is d¢sisTnated and etyective as a lied£ing:
iDsts'ument. In ivhich event ihe timing of the recognition in statement of"financial activities depen'ds on the nature
of the hedge relalionship.
The charity does not hold or issue derivative finaneial in%truiiieiit5 for speculative purposes.
Fuir vulue pKeu&uremeiil
The best evidence of fair value is a quoted priee for an identical asset in an active market. When quoted prices are
unavailable. the price ora recent transaction for an identical asset provides evidence of fair value as long as there
has not been a significant ehange in economic cii¢llnistances or a signifiLant lapse of time since the transaction
took place. If the market Is not active and recent transactions ol. an identical 8sset an their arc not a good
¢stimate of fair value. the fair value is estimated by using a valiiation ieehnique.
3 Income from don8tion5 and Icgacics
UnrL¥tricted
funds
Total
21123
Total
2022
General
Donations and legacies:
Donaiions frotn individuals
106,636
706.636
?06.636
906,6)6
103.099
103.099
4 Investment in¢oine
Unrestricted
funds
Total
2023
Total
2022
General
Interesi receivable dnd siThilar income;
Interest receivkble on bank deposits
70
i70
75
PagTe 14

Headstart4Babies
Notes to the Finaneial Statements for the Year Ended .11 December 2023
5 Elpenditure on charitable 8¢tivitie5
Unre5trÈcted
lunds
General
2023
2022
Note
Grant tiinding of activities
Allocated support Costs
Governance costs
?09.335
8.360
704
218.399
Grant funding of Actii'ity 511PPOrt
ctivitv
costs
?09.335
8,360
704
218.399
Total
2023
110.313
6,132
704
117,149
Total
2022
Raise awareness of plagiocephaly and
brachycephaly
?09.335
8J60
?17.695
116.445
£209,335 (2022- £116,445) of the ab(Jve expeiiditure was atiributable to unrestricted fvnds and £Nil l?02? . £Nil)
to restricted funds.
Page 15

Headstart4Babies
Notes Éo the Financial Statements for the Year Ended 31 December 2023
6 Atkalysis of gvvern4Dce and support eosts
Charitable 4¢tivi¢ies expenditure
Unrèstricted.
funds
Total
2023
Total
2022
Basis of
allotatioR
Genernl
Raise awareness of pIagl￿ep￿arY and
brachycephaly
9.064
9,061
Support Costs allockted to charitable aetivities
Governance Administratio Other support
costs
eosts
¢osts
Total
2n23
Total
2022
Basis of
allocation
Raise aivareness of
plagiocephaly and
bra¢hy¢ephaly
704
8.360
9.064
Basis of allocation
Reference
Method ofallocation
Goveiiiance Cosl
Governance
Adniinistration Costs
Time Spent
Time Spent
Othei. Support Costs
Governfinee tost%
Unrcstri¢ted fulld5
Total
2023
Total
2022
Gener41
Allocated support Costs
704
704
704
PaLTe 16

Headstart4Babies
otes to the Financial Statements for the Year Ended 31 December 2023
7 Gr4nt-makinE
Analysis of grants
. Grants to Indlviduals y¥w¥
2023
2022
AnAlysls
Support given to Fainilies
209.335
110.313
Assistance given to families on low incomes ro proceed with treatment for children with pl￿10¢epha[Y or
brachycephaly.
8 Net ineomRnEl•ut20iTrg resour¢es
Nct loutgoingllincoining resources for the year include..
21123
2022
Other noi)-audit services
Depreciation of fj.xed #slets
648
648
9 Trustees remuneratÉon and expenses
Durillg the y¢ar the charity made the following transactions iyith trusrees=
Mrs K S#ieh
Mrs K Saich received remuneration of £4,800 (20??: £4,800) during the year.
At the balance sheet date the amount due to Mrs K Saich was £Nil l?0?2.- £Nil).
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
l Tangible fixed 85sets
Furniture and
equipment
Total
Cost
At l January. 20??
465
465
Ar 31 Decembei. ?022
465
465
Page 17

Headstart4Babies
Note.$ to the Financial Statements for the Year F,nd¢d 11 December 2023
Furniturt and
equipment
Total
Depreciation
At l January ?023
Chaige foi. tlie year
460
460
At 31 December ?023
461
461
Net book value
At 31 December ?0?3
At 31 Deceiiiber 202?
12 Creditors: amounts f311ing du¢ within one year
2023
2022
Trade rffiitors
Ac¢ruals
1.364
1,785
13 Funds
BAlan¢e at I
January 2023
IrtLuming
resources
Resourtes
expended
BaI#n¢e at 31
December 2023
Unrestricted funds
General
77,7081
?07.?061
??4.1.$4
Balance at I
January 2022
Incom5n%
i'esourees
Resourcts
expended
Balamee at 31
December 2022
Unrestricted funds
General
97.193
103,174
122.659
PagL 18

Headstart4Babies
Notes to the Financial Statements for the Year Ended 31 December 2023
14 Analy$is of net assets between funds
Unrestricted
funds
General
Totsl funds
Tangible fixed assets
Current asseis
62.1?0
l.i64
Current liabilities
1.364
Total net assets
60.760
60.761
15 Analysis of ￿et fuTrds
At l J¥nuary
2023
At 31 December
2023
Cash tlow
Cash at bank and in hand
79.067
116,9471
Net debt
79.1)67
(16,9471
Page