**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:
1. 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:
2. Providing, assisting, and promoting facilities for the provision of their support, enablement, education, training, and welfare; and
3. 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
- 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
- Identify and support partner organisations
- Identify and pursue funding opportunities and facilities support
- 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.
1
**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.
2
**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: -
1. 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
2. An amount sufficient to allow a controlled and managed closedown of the charity should that be unavoidable.
3. 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.
3
**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
4
**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
5
**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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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
6
## **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
7
## **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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (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...
8
## **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
9
**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...
10
**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...
11
**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...
12
**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...
13
## **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...
14
**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|
|---|---|---|
15
continued...
**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|
|---|---|---|
16
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...
17
## **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...
18
**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...
19
**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.
20
**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
21
## **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
22