HEADWAY SALFORD & DISTRICT LIMITED (A company limited by guarantee)
TRUSTEES REPORT AND FINANCIAL STATEMENTS
31 MARCH 2022
Company registered number:05595374 Charity registered number:1120377
ACCOUNTS & TAX ADVICE LIMITED
ACCOUNTANTS & BUSINESS CONSULTANTS
MANCHESTER
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HEADWAY SALFORD & DISTRICT LIMITED
COMPANY INFORMATION
TRUSTEES REPORT AND FINANCIAL STATEMENTS
31 MARCH 2022
Trustees
Headway Salford - the brain injury association Board of Trustees appointed 10/10/2020
Natasha Wilde (Chair) Daniel Bamber (Treasurer) Geraint Herbert (Company secretary) Jason Lee Lomax (resigned 23 February 2023) Ryan Price Catherine Davies Matthew Brown
| Company number | 05595374 |
|---|---|
| Charity registration number | 1120377 |
| Registered office | Office 4 |
| Harewood House | |
| 2-6 Rochdale Road | |
| Middleton | |
| Manchester | |
| M24 6DP | |
| Bankers | Nat West |
| The Bull Ring | |
| Northwich | |
| CW9 5BN |
HEADWAY SALFORD & DISTRICT LIMITED
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TRUSTEES REPORT AND FINANCIAL STATEMENTS
Structure governance and management of the charity.
Headway Salford & District Limited was incorporated on 18 October 2005 as a company limited by guarantee.
The charity is governed by a Memorandum and Articles which gives the trusteees the power to manage the charity. In 2004 Headway Salford applied to become an affiliated group of Headway - the brain injury association thus commiting 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 & District Limited 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 & 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 the good health of people who, by reason of their relationship to a person who has suffered head injury or brain damage are experiencing stress.
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HEADWAY SALFORD & DISTRICT LIMITED
Consolidated statement of financial activities for the year ended 31 March 2022
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| Incoming resources | ||||||
| Activities to further the charities objects: | ||||||
| Grants | 14,000 | - | ||||
| Local authority contracts | 14,147 | 81,044 | ||||
| Donations for training | 7,339 | - | ||||
| Total Incoming resources | 35,486 | 81,044 | ||||
| Outgoing Resources | ||||||
| Expenditure to further the charities objects: | ||||||
| Administration of the charity | 36,101 | 19,644 | ||||
| Net movement in funds | (615) | 61,400 | ||||
| Fund balances brought forward | 84,929 | 23,529 | ||||
| Fund balances carried forward | 84,314 | 84,929 |
All of the above amounts relate to continuing activities.
There have benn no recognised gains or losses, other than the reults for the financial year, and all profits or losses have been accounted for on an historical basis.
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HEADWAY SALFORD & DISTRICT LIMITED
BALANCE SHEET
TRUSTEES REPORT AND FINANCIAL STATEMENTS
| Note Fixed Assets Tangible assets Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after one year Funds Total funds |
2022 £ £ - - 168,759 168,759 (84,445) 84,314 84,314 - 84,314 84,314 84,314 |
2022 £ £ - - 168,759 168,759 (84,445) 84,314 84,314 - 84,314 84,314 84,314 |
2021 £ £ - - 144,358 144,358 (59,429) 84,929 84,929 - 84,929 84,929 84,929 |
2021 £ £ - - 144,358 144,358 (59,429) 84,929 84,929 - 84,929 84,929 84,929 |
|---|---|---|---|---|
| 84,314 - |
84,929 - |
|||
| 84,314 | 84,929 | |||
| 84,314 | 84,929 | |||
| 84,314 | 84,929 |
The company is entitled to exemption from audit under Section 477 (2) of the Companies Act 2006 for the year ended 31 March 2022.
Trustees responsibilities:
The members have not required the company to obtain an audit of it's financial statements for the year in question in accordance with section 476 ; and
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the special 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 on 23 February 2023.
On behalf of the Board
Daniel Bamber Chair
HEADWAY SALFORD & DISTRICT LIMITED
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NOTES ON FINANCIAL STATEMENTS
TRUSTEES REPORT AND FINANCIAL STATEMENTS
1 Accounting policies
1.1 Accounting convention
The financial statements 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 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 evnt 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 bsais and has been classified under appropriate headings that agrregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allovcated on a basis consistent the use of the resources.
1.4 Taxation
The charity is exempt from corporation tax on its charitable activities.