REGISTERED COMPANY NUMBER: 05992718 (England and Wales) REGISTERED CHARITY NUMBER: 1121645
Second Chance Headway Centre Report of the Trustees and Financial Statements
Year Ended 31 December 2022
SMH Jolliffe Cork Ltd Chartered Accountants
33 George Street Wakefield West Yorkshire WF1 1LX
Second Chance Headway Centre
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 10 |
| Detailed Statement of Financial Activities | 21 |
Second Chance Headway Centre
Report of the Trustees for the Year Ended 31 December 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
The Second Chance Headway Centre provides a therapy led day service for adults who are living with acquired or traumatic brain injury (ABI). Our maxim is that "if a life is worth saving, it has to be worth living". The fundamental aim of the charity is to improve the quality of life for adults with ABI as far as possible, subject to their individual circumstances. We provide a professional service, utilising experienced and highly qualified Nurses and Therapists to provide high quality support, delivered in an accessible and family friendly environment. The service deals with a wide range of issues; ABI often results in a life-long set of complex symptoms, including physical disablement, and a wide range of cognitive, emotional, and behavioural difficulties. These in turn can often lead to isolation of the individual, and the breakdown of relationships. Good therapy and rehabilitation can improve the management of symptoms and help in achieving the full potential of people's new circumstances, offering a second chance of living a fulfilling life. The changes that we seek to make reduce the distance between members, their families, and the community in which they live, and improve the participation of members in all aspects of family, social and vocational life.
The Charitable objects of the organisation are:
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To relieve and rehabilitate individuals living in or near Yorkshire and the Humber who have sustained an acquired brain injury likely to cause significant disability, particularly but not exclusively by:
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Providing, assisting, and promoting facilities for the provision of their support, enablement, education, training, and welfare; and
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Advising and supporting carers, family, and friends of individuals.
Achievement of our aims is wholly supportive of our charitable objectives, and our strategies are focussed on those outcomes that provide the best widest possible improvements in our members' lives. But we have a finite resource; simply expressed, we do as much as we can, for as many as we can, making the most efficient use of the facility that we have.
Our strategy for achieving these aims and objectives is to deliver a first-class service to our members and to: - Promote a wider awareness of our facility and our services
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Educate and train associated organisations in aspects of Brain Injury, so that they know when and how to refer to us, and support us in our aims
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Identify and support partner organisations
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Identify and pursue funding opportunities and facilities support
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Plan and deliver fundraising events
Second Chance has a full multi-disciplinary staff team of Nurses, Social Workers, Therapists, caseworkers, and support workers. They provide assessments and support to adults with acquired brain injuries, their families, and carers. The casework service provides a pathway for statutory referrals. The daycentre and 'Connections' community hub provides a range of sessions and groups to improve the rehabilitation, therapy, and wellbeing of the members, with practical advice and support for families and carers.
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Second Chance Headway Centre
Report of the Trustees for the Year Ended 31 December 2022
ACHIEVEMENT AND PERFORMANCE
Charitable activities
2022 was a consolidation year for the charity. The main achievements were in re-organisation and development. We improved and formalised the administration systems, utilising cloud secure services for data and finance. We invested in new technology and software, and recruited and changed the staff provision.
We opened new daycentre sessions and increased the number of places available. We formalised the assessment and one to one support diary and appointment systems. The casework service continued to expand and make the case for statutory funding. Positive feedback was received, and we look forward to developments in 2023.
In May 2022 we opened our "Connections" community hub. This new facility provides a safe and welcoming space for peer groups and one to one support. "Connections" was awarded the Wakefield Bid Award in recognition of the valuable addition to our service and community facilities for Wakefield third sector to share.
FINANCIAL REVIEW
Financial position
The financial statements are set out on pages 7 to 20. 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), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The Statement of Financial Activities show net outgoing resources for the year of £52,839 (2021: net outgoing resources £93,086).
The total unrestricted reserves at the year end stand at £289,238 (2021: £322,483).
Principal Funding Sources
The funding sources for the charity are currently by way of the income generated by the sessions, together with grants and donations.
The nurse clinic, the Clinical Support and our Connections hub all received funding from the Wakefield Mental Health Alliance. That funding is critical to the continuation of the overall service. The Second Chance funding model is based on a chargeable service which covers approximately 2/3rd of the overall cost, supplemented by grants and fundraising. The limitation is based around the maximum contribution made in benefits and support to individuals. The daycentre service is unlikely to be commissioned under the current economic climate.
The casework service is funded by the National Lottery and supplemented from the charity's reserves. The service is designed to be free at the point of delivery and appropriate to be commissioned. There is strong support from our statutory partners in that regard.
The charity also received significant support from Livewell Wakefield to the Connections Hub. Screwfix provided a grant to fund the roof repairs needed after some theft and damage.
Investment Policy
Our reserves and bank accounts do produce a small interest, but they are primarily aimed at security, accessibility, and traceability. Accounts are held with Virgin, TSB and Royal Bank of Scotland.
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Second Chance Headway Centre
Report of the Trustees for the Year Ended 31 December 2022
FINANCIAL REVIEW
Reserves policy
The reserves policy is reviewed annually against the changing circumstances. This became especially necessary during and after the Covid Pandemic. The policy and amount are adapted annually according to the circumstances and forecast of the time.
In 2022 the objectives were to hold an amount to satisfy three criteria: -
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An amount sufficient, In the event of a significant crisis or situation requiring the resizing of a reduced service to operate from the Connections hub
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An amount sufficient to allow a controlled and managed closedown of the charity should that be unavoidable.
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An amount (additional to the resizing/closedown scenario), to enable to the charity to operate with the confidence and support of our partners and creditors. The referral and membership process is dependent on the charity having staffing continuity and being financially resilient.
The budgeted operating cost for the Daycentre Service over 12 months was approximately £372,000. To cover the above continuation and resizing with an operating reserve we held 6 months costs at £186,000.
FUTURE PLANS
The Charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. The mid to long term plan has two major components.
The first is to continue collecting the data and case studies to present to the new West Yorkshire Partnership Board to support our commissioning bid. During the year our trustees agreed to subsidise the service from our reserves to take the service to the end of 2023. We have had strong support from the individual Health Trust organisations and during the year we adjusted our service area to match the Partnership area. We have made contact with the VCSE representative on the board and will be providing a detailed bid and budget early in 2023.
The second is to review the service provision in Connections and the daycentre. Since reopening after lockdown, we have noticed a change in the profile of the attending members. The members and their families are much more anxious and in need of more one to one support. Our Multi-Disciplinary team are already reviewing the diary of group and individual sessions. Our plan is to grow the attendance in the sessions to increase the session income. That will enable us to change the balance and create a schedule to develop our therapy and rehabilitation groups and increase the number of individual appointments.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The Charity is both a Company Limited by Guarantee and a registered charity. The Trustees are drawn from the local community and bring a wide range of relevant experience and qualifications. The Board of Trustees is constituted in accordance with the Company Articles and the Trustees become eligible for re-election in accordance with the Articles of Incorporation (each member has voting rights). The Board of Trustees employs a business manager and a clinical manager to run the organisation, and they in turn recruit employees and volunteers. The Trustees delegate the day to day operation of the Charity to the management team, but retain control of overall strategy. They meet with the management team every month to be updated on progress with ongoing projects, review the accounts and discuss any new issues, ideas, or opportunities. There are financial limits, procurement, and recruitment controls in place. For example, staff remuneration is budgeted and proposed by the Business Manager, with a comparison toward a mid-point of the NHS equivalent rates and confirmed by the Trustees at board meetings.
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Second Chance Headway Centre
Report of the Trustees for the Year Ended 31 December 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as the Committee. Under the requirements of the Memorandum and Articles of Association the members of the Committee are elected to serve for a period of two years after which they must be re-elected at the next Annual General Meeting.
All member of the Committee give their time voluntarily and received no benefits from the charity.
The Committee seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. To enhance the potential pool of trustees, the charity has sought to identify members with personal or professional experience of brain injury to assist the charity.
Business and medical skills are well represented on the Committee. Individuals with specific appropriate skills are approached to be seconded to the Committee, and they may offer themselves for election at the following AGM.
Induction and training of new trustees
Most trustees are already familiar with the practical work of the charity and are encouraged to visit the Centre and maintain familiarity with the facilities and services.
Additionally, new trustees are invited and encouraged to attend meetings to familiarise themselves with the charity and the context within which it operates. These are jointly led by the Chair of the Committee and the operational managers of the charity.
Risk management
The Charity has conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.
Organisational Structure
The Centre has a Committee who meet monthly and are responsible for the strategic direction and policy of the charity. At present the Committee has five members from a variety of professional backgrounds relevant to the work of the charity.
A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the management team who have responsibility for the day to day operational management of the Centre, and the Casework Project, with individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05992718 (England and Wales)
Registered Charity number
1121645
Registered office
Almshouse Lane Wakefield West Yorkshire WF1 1DS
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Second Chance Headway Centre
Report of the Trustees for the Year Ended 31 December 2022
Trustees
Mr P Bourne Mrs J A Horton Mrs K Bennison Mrs L Mills Resigned 01.09.22 Mrs C Corbett Mrs A Richmond Resigned 01.09.22 Mr R Caley
Independent Examiner
SMH Jolliffe Cork Ltd Chartered Accountants 33 George Street Wakefield West Yorkshire WF1 1LX
EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year is given in the notes to the financial statements.
Approved by order of the board of trustees on 22 September 2023 and signed on its behalf by:
Mr P Bourne - Trustee
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Independent Examiner's Report to the Trustees of Second Chance Headway Centre
Independent examiner's report to the trustees of Second Chance Headway Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also 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 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 your charity's accounts as 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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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 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.
J Crossley FCA SMH Jolliffe Cork Ltd Chartered Accountants 33 George Street Wakefield West Yorkshire WF1 1LX
22 September 2023
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Second Chance Headway Centre
Statement of Financial Activities for the Year Ended 31 December 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 20,779 Charitable activities 5 Provision of day care services 204,185 Other trading activities 3 13,030 Investment income 4 592 Total 238,586 EXPENDITURE ON Raising funds 6 51,130 Charitable activities 7 Provision of day care services 229,768 Total 280,898 NET INCOME/(EXPENDITURE) (42,312) Transfers between funds 18 9,067 Net movement in funds (33,245) RECONCILIATION OF FUNDS Total funds brought forward 322,483 TOTAL FUNDS CARRIED FORWARD 289,238 |
Restricted funds £ 232,934 - - 166 233,100 31,783 211,844 243,627 (10,527) (9,067) (19,594) 85,104 65,510 |
2022 Total funds £ 253,713 204,185 13,030 758 471,686 82,913 441,612 524,525 (52,839) - (52,839) 407,587 354,748 |
2021 Total funds £ 144,494 192,332 700 395 337,921 51,754 379,253 431,007 (93,086) - (93,086) 500,673 407,587 |
|---|---|---|---|
The notes form part of these financial statements
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Second Chance Headway Centre
Balance Sheet 31 December 2022
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 14 6,602 CURRENT ASSETS Debtors 15 26,888 Cash at bank and in hand 282,485 309,373 CREDITORS Amounts falling due within one year 16 (26,737) NET CURRENT ASSETS 282,636 TOTAL ASSETS LESS CURRENT LIABILITIES 289,238 NET ASSETS 289,238 FUNDS 18 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 73,510 73,510 (8,000) 65,510 65,510 65,510 |
2022 Total funds £ 6,602 26,888 355,995 382,883 (34,737) 348,146 354,748 354,748 289,238 65,510 354,748 |
2021 Total funds £ 7,885 27,445 381,165 408,610 (8,908) 399,702 407,587 407,587 322,483 85,104 407,587 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Second Chance Headway Centre
Balance Sheet - continued 31 December 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 September 2023 and were signed on its behalf by:
Mr P Bourne - Trustee
The notes form part of these financial statements
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Second Chance Headway Centre
Notes to the Financial Statements for the Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Going concern
The financial statements are prepared on the going concern basis which assumes that the charity will continue in operational existence for the foreseeable future.
The charity substantially relies on income from its members, funding from local statutory bodies and grants from other national organisations. The trustees have considered the risks and uncertainties arising from the charity's operations and are maintaining a constant watching brief on the charity's cashflow, as well as regularly updating budget predictions and financial projects and adapting to new ways of delivering core services to its members.
The trustees believe that in view of the above assessment, the charity's financial statements are appropriately prepared under the going concern basis.
Income
Income is recognised when the charity has entitlement to the funds, any performance attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made the the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102), volunteer time is not recognised and refer to the trustees' annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
1. ACCOUNTING POLICIES - continued
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the term of the lease Fixtures & equipment - 10% on cost Computers and other equipment - 25% on cost
Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds comprise of amounts donated to the charity for general use, fundraising income and fee income which can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
All income and expenditure is shown on the Statement of Financial Activities.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
| 2. DONATIONS AND LEGACIES Donations Legacies Grants Grants received, included in the above, are as follows: Big Lottery Fund Grant Livewell Grant Covid Business Support Grant Mental Health Alliance Screwfix Foundation 3. OTHER TRADING ACTIVITIES Fundraising events 4. INVESTMENT INCOME Deposit account interest |
2022 £ 20,779 - 232,934 253,713 2022 £ 106,732 6,262 - 116,361 3,579 232,934 2022 £ 13,030 2022 £ 758 |
2021 £ 26,978 16,747 100,769 144,494 2021 £ 81,621 7,648 11,500 - - 100,769 2021 £ 700 2021 £ 395 |
|---|---|---|
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
5. INCOME FROM CHARITABLE ACTIVITIES
| 5. INCOME FROM CHARITABLE ACTIVITIES |
||
|---|---|---|
| Activity Fees Provision of day care services CJRS Grants Provision of day care services 6. RAISING FUNDS Raising donations and legacies Rent Rates and water Insurance Light and heat Telephone and internet Postage and advertising Sundry expenses Stationery and office supplies Cleaning Repairs and renewals Depreciation Bank charges Other trading activities Fund raising expenses Aggregate amounts |
2022 £ 204,185 - 204,185 2022 £ 31,295 698 2,497 4,802 2,167 4,024 1,713 2,191 1,460 22,247 1,283 - 74,377 2022 £ 8,536 82,913 |
2021 £ 168,077 24,255 192,332 2021 £ 23,000 2,233 2,304 4,260 2,182 735 833 1,860 1,723 10,188 2,122 127 51,567 2021 £ 187 51,754 |
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
| 7. CHARITABLE ACTIVITIES COSTS Provision of day care services 8. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Games, equipment and activities Volunteers travelling expenses Occupational therapy costs 9. SUPPORT COSTS Provision of day care services 10. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Rent |
Direct Support Costs (see costs (see note 8) note 9) £ £ 431,511 10,101 2022 £ 416,390 4,699 5,809 4,613 431,511 Governance Other costs £ £ 1,999 8,102 2022 £ 1,283 31,295 |
Totals £ 441,612 2021 £ 359,890 1,161 4,484 5,017 370,552 Totals £ 10,101 2021 £ 2,122 23,000 |
|---|---|---|
11. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
12. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Direct supervision and activities Management and administration |
2022 13 4 17 |
2021 11 4 |
|---|---|---|
| 15 |
No employees received emoluments in excess of £60,000.
| 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 55,225 Charitable activities Provision of day care services 192,332 Other trading activities 700 Investment income 387 Total 248,644 EXPENDITURE ON Raising funds 47,252 Charitable activities Provision of day care services 224,844 Total 272,096 NET INCOME/(EXPENDITURE) (23,452) Transfers between funds (10,000) Net movement in funds (33,452) RECONCILIATION OF FUNDS Total funds brought forward 355,935 TOTAL FUNDS CARRIED FORWARD 322,483 |
Restricted funds £ 89,269 - - 8 89,277 4,502 154,409 158,911 (69,634) 10,000 (59,634) 144,738 85,104 |
Total funds £ 144,494 192,332 700 395 337,921 51,754 379,253 431,007 (93,086) - (93,086) 500,673 407,587 |
|---|---|---|
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
14. TANGIBLE FIXED ASSETS
| Short leasehold & £ COST At 1 January 2022 and 31 December 2022 26,019 DEPRECIATION At 1 January 2022 24,377 Charge for year 261 At 31 December 2022 24,638 NET BOOK VALUE At 31 December 2022 1,381 At 31 December 2021 1,642 |
Computers Fixtures and other equipment equipment £ £ 29,433 9,562 23,351 9,401 861 161 24,212 9,562 5,221 - 6,082 161 |
Totals £ 65,014 57,129 1,283 58,412 6,602 7,885 |
|---|---|---|
There were no capital commitments, either authorised, or contracted for, at the balance sheet date.
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Prepayments and accrued income |
2022 £ 19,625 7,263 26,888 |
2021 £ 21,734 5,711 27,445 |
|---|---|---|
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Social security and other taxes Accruals and deferred income |
2022 £ 1,720 7,728 25,289 34,737 |
2021 £ 505 6,994 1,409 8,908 |
|---|---|---|
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continued...
Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
17. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year Between one and five years In more than five years |
2022 £ 29,220 74,327 - 103,547 |
2021 £ 18,000 72,000 9,000 |
|---|---|---|
| 99,000 |
18. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Unrestricted funds General fund Restricted funds Property Purchase Fund Big Lottery Fund Livewell Fund Mental Health Alliance - Carers Mental Health Alliance - Nurse Clinic Screwfix Foundation TOTAL FUNDS |
At 1.1.22 £ 322,483 16,000 69,104 - - - - 85,104 407,587 |
Net movement in funds £ (42,312) - (5,257) (201) (1,414) (3,452) (205) (10,527) **(52,839) ** |
Transfers between funds £ 9,067 (16,000) 1,661 201 1,414 3,452 205 (9,067) - |
At 31.12.22 £ 289,238 - 65,510 - - - - |
| 65,510 | ||||
| 354,748 |
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
18. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery Fund Livewell Fund Mental Health Alliance - Carers Mental Health Alliance - Nurse Clinic Screwfix Foundation Mental Health Alliance - Community mental health intervention TOTAL FUNDS |
Incoming resources £ 238,586 106,898 6,262 34,338 32,379 3,579 49,644 233,100 471,686 |
Resources Movement expended in funds £ £ (280,898) (42,312) (112,153) (5,257) (6,463) (201) (35,752) (1,414) (35,831) (3,452) (3,784) (205) (49,644) - (243,627) (10,527) (524,525) **(52,839) ** |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Covid Business Support Fund Restricted funds Property Purchase Fund Big Lottery Fund Coronavirus Community Support Fund George Martin Fund WHDCS Fund Leeds Community Foundation Resilience Fund TOTAL FUNDS |
At 1.1.21 £ 345,935 10,000 355,935 16,000 62,585 29,501 3,000 16,381 17,271 144,738 500,673 |
Net movement in funds £ (34,952) 11,500 (23,452) - (3,481) (29,501) (3,000) (16,381) (17,271) (69,634) (93,086) |
Transfers between funds £ 11,500 (21,500) (10,000) - 10,000 - - - - 10,000 - |
At 31.12.21 £ 322,483 - 322,483 16,000 69,104 - - - - 85,104 407,587 |
|---|---|---|---|---|
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
18. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Covid Business Support Fund Restricted funds Big Lottery Fund Livewell Fund Coronavirus Community Support Fund George Martin Fund WHDCS Fund Leeds Community Foundation Resilience Fund TOTAL FUNDS |
Incoming resources £ 237,144 11,500 248,644 81,629 7,648 - - - - 89,277 337,921 |
Resources Movement expended in funds £ £ (272,096) (34,952) - 11,500 (272,096) (23,452) (85,110) (3,481) (7,648) - (29,501) (29,501) (3,000) (3,000) (16,381) (16,381) (17,271) (17,271) (158,911) (69,634) (431,007) (93,086) |
|---|---|---|
RESTRICTED FUNDS
Fund Name Purpose of restriction
Big Lottery Fund Livewell Fund
To recruit a small specialist caseworker team to support the charity's work.
Funding towards the "Connections" community hub - a facility which provides a safe and welcoming space for peer groups and one to one support.
Mental Health Alliance Funding for the 'caring for the carers in a pandemic' project. Mental Health Alliance Funding for the 'specialist brain injury nurse clinic and community nurse' project.
Funding for the 'community mental health intervention and support for adults with acquired brain injuries' project.
Mental Health Alliance with acquired brain injuries' project. Screwfix Foundation Funding towards roof repairs at the charities premises.
continued...
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Second Chance Headway Centre
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
20. POST BALANCE SHEET EVENTS
In late December 2022, the Trustees were informed of a legacy bequeathed to the Charity. The amount of the legacy is currently unknown but is expected to be significant. The legal process is continuing and it is expected that probate will be granted and the distribution received from the Estate in late 2023 or early 2024.
21. COMPANY LIMITED BY GUARANTEE
The company is limited by guarantee and does not have any share capital.
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Second Chance Headway Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Legacies Grants Other trading activities Fundraising events Investment income Deposit account interest Charitable activities Fees CJRS Grants Total incoming resources EXPENDITURE Raising donations and legacies Rent Rates and water Insurance Light and heat Telephone and internet Postage and advertising Sundry expenses Stationery and office supplies Cleaning Repairs and renewals Depreciation of tangible fixed assets Bank charges Other trading activities Fund raising expenses Charitable activities Salaries Carried forward |
2022 £ 20,779 - 232,934 253,713 13,030 758 204,185 - 204,185 471,686 31,295 698 2,497 4,802 2,167 4,024 1,713 2,191 1,460 22,247 1,283 - 74,377 8,536 377,835 377,835 |
2021 £ 26,978 16,747 100,769 144,494 700 395 168,077 24,255 192,332 337,921 23,000 2,233 2,304 4,260 2,182 735 833 1,860 1,723 10,188 2,122 127 51,567 187 322,896 322,896 |
|---|---|---|
This page does not form part of the statutory financial statements
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Second Chance Headway Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2022
| Charitable activities Brought forward Social security Pensions Games, equipment and activities Volunteers travelling expenses Occupational therapy costs Support costs Other Staff Training Governance costs Legal and professional fees Independent examiner's fees Total resources expended Net expenditure |
2022 £ 377,835 29,045 9,510 4,699 5,809 4,613 431,511 1,999 5,192 2,910 8,102 524,525 **(52,839) ** |
2021 £ 322,896 27,947 9,047 1,161 4,484 5,017 370,552 2,040 4,861 1,800 6,661 431,007 (93,086) |
|---|---|---|
This page does not form part of the statutory financial statements
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