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2021-03-31-accounts

Company Registration Number 05595374 Charity Registration Number 1120377

HEADWAY SALFORD AND DISTRICT LIMITED (A Company Limited by Guarantee)

TRUSTEES REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2021

HEADWAY SALFORD AND DISTRICT

TRUSTEES REPORT FOR THE YEAR ENDED 31 March 2021

COMPANY INFORMATION

Trustees

Headway Salford – the brain injury association Board of Trustees appointed 10/10/20

Jason lee Lomax (Chair) Daniel Bamber (Treasurer) Geraint Herbert (Company Secretary) Natasha Wilde Ryan Price Catherine Davies Matthew Brown

Company number 05595374

Charity Registration number 1120377

Registered office Salford Centre for spiritualism

129 cross lane Liverpool street Salford Manchester M5 4HH United Kingdom

Bankers NatWest Northwich Branch The Bull Ring Northwich Cheshire CW9 5BN

HEADWAY SALFORD AND DISTRICT

TRUSTEES REPORT FOR THE YEAR ENDED 31 March 2021

HEADWAY SALFORD AND DISTRICT LIMITED

Structure Governance and Management of the Charity

Headway Salford & District Ltd was incorporated on 18 October 2005 as a company limited by guarantee.

The charity is governed by a Memorandum and Articles which gives the trustees the power to manage the charity. In 2004 Headway Salford applied to become an affiliated group of Headway – the brain injury association thus committing to work within its rules of affiliation. In 2007 the charity was registered with the Charity Commission.

In May 2018 the trustees of Headway Salford and District asked Headway – the brain injury association to intervene in order to protect the short and long-term future of the charity. In accordance with the Headway Rules of Affiliation, new trustees were appointed to the board of Headway Salford and District. The trustees appointed are the board of Headway – the brain injury association who have considerable experience at running local Headway groups over many years.

Objectives

The objectives for which the company was established are:

a) The relief of people who have suffered traumatic head injury, in particular by the provision of information, counselling and support to such persons and to those who care for them; and

b) To protect and preserve good health of people who, by reason of their relationship to a person who has suffered head injury or brain damage are experiencing stress.

HEADWAY SALFORD AND DISTRICT LIMITED CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] MARCH 2021

Incoming Resources
Activities to further the charities
objects:
Grants, local authority
contracts & donations for
training
Total Incoming Resources
Outgoing Resources
Expenditure to further the charities
objects:
Administration of the charity
Total Resources Expended
Net Movement in Funds
Fund Balances Brought Forward
Fund balances Carried Forward
Total
2021
£
81,044
Tota
l
£
26,08
4
81,044
19.644
26,08
4
21,47
0
19,644
61,400
84,929
21,47
0
4,614
18,91
5
84,929 23,52
9

All of the above amounts relate to continuing activities.

There have been no recognised gains or losses, other than the results for the financial year, and all profits or losses have been accounted for on an historical basis.

HEADWAY SALFORD AND DISTRICT LIMITED

BALANCE SHEET

AS AT 31[st] MARCH 2021

Note
s
£
Current Assets
Cash at bank and in hand
144,358
Debtors
-
Current liabilities
Total assets less current
liabilities
Funds
2021
£
£
63,313
145
144,358
(59,429)
84,929
84,929
84,929
2020
£
63,4587
(39,929)
23,529
23,529
23,529

For the financial year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board in 2021

Jay Lomax Chair

Company Registration: 5595374

HEADWAY SALFORD AND DISTRICT LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2021

1 Accounting policies

1.1 Accounting convention

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Companies Act 2006.

1.2 Company status

The charity is a company limited by guarantee. The members of the company are the trustees named under the company information section. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member.

1.3 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under appropriate headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.

1.4 Taxation

The charity is exempt from corporation tax on its charitable activities.