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REGISTERED COMPANY NUMBER: 05992718 (England and Wales) REGISTERED CHAIUTY NUMBER: 1121645 Second Chance Headway Centre Report of the Trustees and Financial Statements Year Ended 31 December 2023 SMH Jolliffe Cork Ltd Chartered Accountants 33 George Street Wakefield West Yorkshire WFI ILX
Second Chance Headway Centre Contents of the Financial Statetnents for the ye4r ended 31 December 2023 Page Report of the Trustees Indeptndent ExamAner'$ Report Statement of Finanelal Aetivitie$ Balxnce Sheet Notes to the Financial Statements Detailed Statement of Financlal Activities 21
Seeood Chance Headway Centre Report of the Trustees for the year ended 31 December 2023 The truste¢s who are also directors of th¢ charity for the purposes of the Companies Act 2006. present their report with th¢ financial statements of th¢ charity for the year ended 31 D¢c¢mb¢r 2023. The trustees have adopted th¢ provisions of Accounting and Reporting by Charities.. Statement of R¢commended Practice applicable to chariti¢s preparing iheir aecoiints in accordance with the Fitwicial Reporting Standard app]icable in the UK and Republic of Ireland {FRS 102) (effcctive l Jattuary 2019). OBJECTIVES AND ACTIVITIES The Second Chance Headway Centr¢ provides a therapy led day service for adults who are living with acquired or traumatic brain injury IABII. (Xir maxim is ihat "if a life is worth saving, it has to be worth living" The ndamental aiin of the ¢hariiy is to iinprove th¢ quality of life for adults Wsth ABI as far as possible, subject to their individiial circumstan¢es. We provide a professional 5¢rvice, utilising experienced and highly qiialifi¢d nurses and therapists to provide high quality support, delivered in an accessible and family friendly environment. The servic¢ d¢als wilh a wide rangc of issues- ABL often results in a life-long set of Complex 5ylllPtorns, including physical disablemerlt. and a wide rallg¢ of cognitive. emotional, alld b¢havioural diffieulries. These in turn ean often l¢ad to isolation of rhe individual, and the breakdown of r¢lationships. Good therapy and Tehabilitation can iinprove the management of symptOTns and help in achieving the full potential of people's new circumstances, offering a second chance of living a fiilfilling life. Tlie chang¢s that we seek to mak¢ r¢duce the distance between members, their fnIll¢s, and the community in which they livc, and improve the participation of members in all aspects of family, social and VotIOnal life. The Charitable objects of the organisation are.. l. To relieve and rehabilitate individual$ living in or near York5hiTe and the Humber who have susthined an aquired brain illji lik¢ly to cause sigtlificant disabiliry, particularly bur not exclusively by.. 2. Providing, assisting, and promoting facilities for the provision of their support, enablement. education. training, al welfare: and 3. Advising and sllpporting carers, family. and friends of indÈvidual$. Achievement of our aims is wholly supportive of our ¢haritablc obj¢rtiv¢s, and our stsategies are focussed on those outeomes that provide the best widest possible improv¢ments in our members, lives. But we have a finite resource. siinply expressed, w¢ do as much as we can. for as as we can, making the m05t efficient use of the facility that we have. Our 5ttat¢gy for achieving these alllls and obj¢ctiv¢s is to deliver a fwst-class service to our members and to.. Promote a wider awaTeness of oiu facility and our services Ediicat¢ and train associated organisations in asp¢cts of Brain Injury, so that they know when and how io refer to and siipport us in oui aims Identify and support panner organisations Identify and pursue funding opportunities and facilities support Plan attd deliveT fundraising events us, Second Chance has a full multi-disciplinary staff team of nur5e5, social work¢r5, th¢rapists, caseworkers, and support worker5. Th¢y provide assessments and support to adults with acquired brain injuries. Iheir families. and carers. The casework s¢rvic¢ provides a pathway for statutory r¢f¢rra15. Th¢ doycentre and 'Connections' cornmunity hub provides a rangc of s¢ssions and groups to improve th¢ rchabilitstion, therapy, and wellbeing of the members, with practical advice and support for families and carers. Page I
Second Chance Headway Centre Report of the Trustees for the year ended 31 December 2023 ACHIEVEMENT AND PERFORMANCE Charitable Aetivities 2023 was a year of significant developments at Swond Chance. In the early months we were engaged with the local trust "discharge plans" to offer our as5iStance' in repatriating ABI patient5 frotn hospital care. and reducing the impact on A&E and GP services by 5UPPOrting people in the community. This was an important recognition of the value offered by our services. We were also successful in obtaining ndIng from the MHA to backfill a Psychology post at the Mid Yorkshire Trust. 'rhis allowed us to add psychology support to our team and to have staff wellbeing 5e$sions. Building on these we were able to aTrange visits and meeting5 With high level postholders from the statutory bodies to present our services and facilities. Our IT facilitics were significantly eEthanced during the year. We selected and subscribed to the Caremanager software for our Casework service and Sage Cloud ac¢ounting for the financial controls. In July w¢ r¢vi¢wed all of our IT equipment and had a range of Chromebooks donated to update our IT suite and staff access. This yeavs Ball was a huge su¢¢ess. We have received and seen some great feedba¢k regarding the event. It is always a fantastic opportunity to network, to get our message across lo an audi¢nce with influence and to raise funds. The event is becoming a beacon in th¢ ABI calendar. There were quite a few changes to staff during ihe course of the year. COVID togk a toll, and other staff moved on for personal reason5. We undertook a complete review of our requirements versu5 our staff and recnjited to a new session and service plan. We were able to r¢¢ruit good professional and experienced staff to cotnpleTnent our team and enhanc¢ our offer. The stsff]ng of our Conn¢¢tions hub was changed to a rotation to let all of the staff get ¢xp¢ricnce of the community and peer sessions. Training and staff development coniinued ihroughout the year. In SeptembeT we re¢ruited a part time OT to support the commissioned Casework Service In August following the earlier meetings and submissions to the West Yorkshire Partnership we received the alnazing n¢ws that our Casework Service was being commissioned with continuation funding for three n]onths plus a 17 year ahead. This is a very public recognition of the value that our services provide across the districL and will enable us to build and develop in he future. We fomially coinpleted our outside space project and it was inspected and open¢d by the Deputy Police and Crime Commissioner, Alison Lowe. Pag¢ 2
Second Chanee Headivay Centre Report of the Trustees for the year ended 31 Deeember 2023 FINANCIAL REVIEW Financial position The financial ststements are set out on pages 7 to 20. Thc financial statements have b¢¢n prepared in accoTdan¢¢ with the Charities SORP IFRS 102) Accounting and Reporting by Charities.. Stat¢in¢nt of Recommended Practice applicable to charities preparing their accounts in accordance with the Finan¢ial Reporting Standard applicable in ihe UK and Republic of Ireland, {FRS 102), Financial Reporting Standard 102 'The FilntIal Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The Statemellt of Financial Activities show net outgoing r¢sources for the year of £1 12,345 (2022.. net outgoing resources £52,839). The total unr¢stricted resetves at th¢ year-end stand at £234,351 {2022.. £289.2381. PrlneipAI Funding Sources The funding sources for th¢ charity are currently by way of the income generated by th¢ s¢5sions, together with grants and donation$. The principl¢ donations and grants during 2023 were the MHA Discharge Fund, The MHA Prioritisation Grant (Psychology Ba¢kfill), a NOVA Livewell grant for our "A Different Me" s¢rics of workshops. and the National Lottcry funding ftsr the Cas¢work Service. Th¢ Second Cl)ance daycentre funding model is based on a chargeable serviee whicli covers approximately 213rd of the overall ¢05L supplement¢d by grants and fut]draising. The limitatiori i5 based around tli¢ Maximum contribution rnad¢ in bcnefits and support to individuals. Thc daycentre service is unlikely to b¢ commissioned under the current carc and support models. The casework seryice was funded from the National Lottery and then from our reserves until The conunLSSioriing started in 2024. Investment poli¢y Our r¢serves and bank accounts do produce a srnall int¢r¢5t, but they are primarily aimed at security, a¢¢cssibility, and traceability. Accounts are held with Virgin, TSB and Royal Bank of Scotland. Reserves policy Th¢ reserves policy is reviewed annually against the changing circumstances. This becam¢ ¢specially necessary during and after the Covid Pandemi¢. The policy and amount are adapted annually according to th¢ circumstances and forecast of the tim¢. In 2023 the objectives w¢r¢ to hold an amount to satisfy three criteria.. l. An amount sufficient. in th¢ event of a sigTLificant crisis or situation requiring the resizing of a reduced service to operat¢ from the Connections hub. 2. An ainount sufftcient to allow a ¢ontrolled and managed closedowt] of the charity should that be uTravoid&ble. 3. An ainount (additional to the resiziuglclosedown scenario), to enabl¢ th¢ charity to operate with the confidence and support ofour partneis and crcditors. The referral and rneTnbership process is dependent on the charity having stafifing eontinllity and being financially resilient. The budgeted operating cost for the Daycentre S¢rvice over 12 months was approximately £409,200. To cover the above continuatioll and resizing with an operating reserve we held approximaiely 4 rnonths costs. Page 3
Seeond Chgnce Headway C¢ntTe Report ol the Trustees for the year ended 31 December 2023 FUTURE PLANS The Charity plans ¢ontinumg the activities ouilined above in th¢ forthcoming years subject to satisfactory funding arrangements. Thc mid to long tern] plan has two major components. The first is to continiie collecting rhe data and easc studies to present to th¢ n¢w West Yorkshire Partnership Board to support ongoing commission of the Casework Servic¢. We continue to have strong support from the individual Healtb Trust organisation and will b¢ repeating the initial pr¢s¢ntstions and dat&KCaSe-sdY documentation to support the renewal. Th¢ s¢cond is to continu¢ the review of service provision in Connections and th¢ daycentre. Our MullL-Disciplinary team have already revi¢wed the diary of group and individual sessions. Ollr plan is to grow the attendanc¢ in the sessions to iucrease the session inco]ne. That will enable us to ¢hat)gc the balance and create a sch¢dul¢ to develop our therapy and rehabilitation groups and increase the nuTnbcr of individual appointments. The cor¢ criteria aTe professionalism and efficien¢y. We maintain our position that our seryice is the most effectiye way of providing a full portfolio of support across th¢ district. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng doeument Th¢ Charity is both a Company Limited by Guarantee and a registered charity. Th¢ Trustees are drawn from the local community hnd bring a wide range of relevant experience and qualifications. Tli¢ Board of Trustees is constituted in accordance with the Company ArtEcles and th¢ Trustees become eligible for r¢-¢lcction in accordance with the Articl¢s of Incorporation leach memb¢r has votin¥ rights). Th¢ Board of Trusiees employs a Bu5in¢ss Managcr, Casework Manag¢r and a Clinical Manag¢r to run the orgaryisation, and they in turn rt¢ruit cmployc¢s and voliinteers. Th¢ Trust¢¢5 dclcgate the day to day operation of the Charity to the management team, but retain control of overall strategy. Th¢y meet with the management team ¢v¢ry month to be updated on progress with ongoing projects, review th¢ accounts and discuss any new isslles, ideès, or opportunities. There are fillancial limits, procurement, and recruitment Controls in place. For example, staff remun¢ration is budgeted and proposed by d)e Business Manager, with a comparison toward a mid-point of the NHS ¢quivalent rates and eonfirnied by th¢ Tryst¢e5 at board meetings. Recruitjnent and appoRntment of trustees The directors of the company are also Charity Trustees for the purposes of ¢harity law and under the company'5 Articlcs are known as thc Committee. Under thc r¢quiTements of the Memordndwn and Articles of Association the memb¢r5 of the Committee are elected to s¢rve for a period of two years after which they must be re-elected at the next Annual Gen¢ral Meeting. All rnember of the Committee give their time voltsntsrily and received no benefits from the Charity. Tlie Committee seeks to ¢nsure that the needs of this group are appropriately reflect¢d tlirough the diversity of the trustee body. To enhance the potential pool of tnistees, the chartty has sought to identify members with peTsonal or piofes5ional 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 secondcd to the Committee, and thcy may offer themselves for election at th¢ following AGM. Induetion and tralnlng of new trllstees Most trustees are already familiar with the practical work of thc charity and are encouraged to visit th¢ Centre and n]aintain familiariiy with the faciliti¢s and services. Additionally. new trustC¢s are invited and encourag¢d to attend meetings to familiarise themselv¢s with tli¢ chaTity and th¢ context within wliich it operates. These ar¢ jointly led by the Chair of the Committee and th¢ op¢rational managers of the charity. Page 4
Second Chance Headway Centre Report of the Trustees for the year ended 31 December 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk managernent The Charity hgs 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 implernentation of procedures for authori5ation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunte¢TS, clients and visitors to the centr¢. These procedures are periodically reviewed to ensure that they continue tts meet the n¢¢ds of the charity. Organi5ational Strueture 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 servi¢¢s rest with the management team who have responsibility for th¢ 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 pr8ctic¢s in line with good practice. At the end of 2023 , the Business Manager announced that he would be stepping down in 2024. The trustees initiated a recruitment and resilience plan to repla¢¢ the post, and worked with the current Business Manager to aTrange a smooth handover. REFERENCE AND ADMINISTRATIVE DETAILS Register¢d Company number 05992718 (England and W&le5) Registered Charity number 1121645 Registered olee Almshouse Lane Wakefield West Yorkshire WFI IDS Trustees Mr P Boun)e Mrs J A Horton Mr5 K Bennison Mrs C Corbett Mr R Caley Independent Examlner SMH Jolliffe Cork Ltd Chartered Accountants 33 George Street Wakefield West Yorkshire WFI ILX Page 5
Second Chance Headway Centre Report of the Trustee$ for the year ended 31 December 2023 EVEf4TS SINCE THE ETr4D OF THE YEAR Infomiation relating to Cvents since the elld of the year is givell itt the not¢5 to the financial statem¢nts. Approved by order of the board of tmst¢¢s on 24 September 2024 2nd signcd on its behalf by.. Mr P Boume- Trnstee Page 6
Independent Examin¢r'5 Report to the Trustee5 or Seeond Chanee Headway Centrt Independent examiner's report to the trustees of Seeond Chance Headway Centre ('the Company,) report to tbe charity tnteeS on my examinaiion of the accounts of the Company for the year endcd 31 December 2023. Responsibllities and bgsÈs of report As the charity's trustees of the Company {and also its directors for th¢ purposes of colnpany law) you are responsible for th¢ preparation of the accounts in accordance with the requiiern¢nts of the Compani¢s Act 2006 {'Ihe 2006 Act'l. Having sattsfied Inyself that the accounts of the Cornpany are not required to be audited und¢r Part 16 of the 2006 Act and are eli8ibl¢ for independ¢Dt examination, I report in resp¢¢t of my examination of your charity's accounts as caryied out under Section 145 of the Charities Act 2011 I'the 2011 A¢t'l. In carrying oiit my examination I have followed the Directions given by the ChaTity Commission undcr Section 145{510)) of the 2011 Act. Independent examiner's statement Sin¢¢ your cliarity's gross incom¢ cxceeded £250,000 your exaEnill¢r must be a memb¢r of a listed body. I can confirni that l am qualificd to undertak¢ the examination because l am a ]nember of the Institut¢ of Chartered A¢countants i Englatsd and Wales, which is one of th¢ listed bodies. I have completed my ¢xamination. I confimi that no matters have com¢ to my attention in connection with the examination giving Tn¢ cause to beli¢ve'. accounting r¢cords were not kept in respeet of the Company as r¢quired by Section 386 of the 2006 Act,. or the accounts do not accord with those records,. or the accounts do not comply with the accounting r¢quirements of Section 396 of the 2006 Act other than any quirement that the &ccount$ give a true and fair view which is noi a matter wnsid¢rcd as part of an independent ¢xamination', or th¢ accounts have not been prcpared in accordance with the methods and principles of thc Statement of Recommet]d¢d Practice for accounting and reporting by chariti¢s (applicable to Charities prepaTing thcir accounts accordance with the FItn¢la1 Reporting Standard applicable in th¢ UK and Republie of Ireland (FRS 102)}. I have no ¢oncems and hav¢ come acr0&8 no other matters in connection with thc ¢xamination to which attention should be drawn in this report in order to enable a PToper understanding of the accounts to be Teached. J Crossley FCA SMH Jolliffe Cork Ltd Chartered Accountant$ 33 Georg¢ Street Wak¢fi¢ld W¢st Yorkshire WFI ILX 24 September 2024 Page 7
Second Chance Headway Centr¢ Statement of Finalleaal Activities for the year ended 31 December 2023 2023 Total funds 2022 Toial funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 13,143 182554 195.697 253,713 Charitable aetlVRties Provision of day care services 213,722 213,722 204,185 Other trading activities InveStent income 28,715 1.139 28.715 lJ42 13,030 758 203 Total 256.719 182 757 439,476 471.686 EXPENDITURE ON Raising fi]nds 48,434 23,22 71,654 82,913 Charitable aetlvltle$ Provision of day care services 320,832 159,J35 480 167 441,612 Tot81 369,266 182,555 551.821 524 525 NET INCOMEI(EXPENDITURE) Transfers betheen funds (112,547) 202 65,660) (112,345) (52.839) 18 Net movement ID funds (46,887) (65,458) (112J45) 152,839) RECONCILIATION OF FUNDS Total funds brought fonvard 289338 65,SlO 3M,748 407.587 TOTAL FUNDS CARRIED FORWARD 242.351 52 242.403 354.748 The notes foTm part of these financial statements Page 8
Second Chance H¢adTrvay Centre Balanee Sheet 31 De¢eJnber 2023 2023 Total funds 2022 Total funds Unrestticted fiinds Restri¢ted fLmds Notes FIXED ASSETS Tangible assets 14 5,480 5.480 6,602 CURRENT ASSETS Debtors Cash at batjk and in hand 15 33.250 228,814 33,250 228,866 26.888 355.995 52 262,064 52 262,116 382,883 CREDITORS Ainounts falling du¢ within one y¢ar 16 (25,193) (25,193) (34.737} NET CURRENT ASSETS 236,871 52 236.923 348,146 TOTAL ASSETS LESS CURRENT LIABILITIES 242,351 52 242,403 354,748 IYET ASSETS 242 351 52 242,403 354,748 FUNDS Unrestricted funds Restricted funds 242J51 52 289,238 TOTAL FUNDS 242,403 354,748 The charitable company is entitled to ¢xcmption from audit under Section 477 of the Companies Act 2006 for the year end¢d 31 Decemb¢r 2023. The members have not required the Company to obtain an audit of its finan¢ial statements for the y¢ar ended 31 December 2023 in accordance with S¢ction 476 of the Companies Act 2006. The ttuste¢s acknowledge their responsibilities for ensuring tliat rhe charitable company keeps awounting records that cornply with Seetion$ 386 and 387 of the Compani¢s Act 2006 and preparing financial stai¢ments which givc a true and fair view of the state of affairs of th¢ charitable company as at tl)¢ end of eacli 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 eomply with the requirements of the Companies Act 2006 r¢lating to f]nancial statements. so far a5 applicable to the charitable company. (bl The notes form part of these financial statements Page 9 continued...
Second Chanee Headway Centre Balance Sheet- ¢ontiMued 31 Deeember 2023 These fi[nCIal statements have been prepared ill a¢¢ordan¢e with the provisions applicable to charitable wmpanies subjeet to the Small Companies iegime. Th¢ financial statements We approved by the Board of Trnstees and allth0ris for issue on 24 September 2024 and were signed on its behalf by.. Mr P Bourne - Trustee The notes forn part of these flnancial stat¢ments Pag¢ 10
Se¢ond Chance Headway Centre Notes to the FiThanci41 Statements for the year ended 31 DeCeber 2023 ACCOUNTING POLICIES Basi$ of prepAring the finaneiAI statement5 The financial statcm¢nts of the charltable coinpany, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recomm¢ndcd Practice applicable to charities preparing theEr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective l January 2019),, Financial Rcporting Standard 102 Th¢ Financial Reporting Standard applicabl¢ in the UK and Republic of Ircland, and tlie Coinpalli¢S Act 2006. The financial stat¢in¢nts have been prepared under the l)istorical cost convention. Golng concern Th¢ financial statetnents arc prepared on the going conc¢rn basis which assumes that the charity will ¢olltinue in op¢rational existence for th¢ foreseeable tsre. Th¢ charity substantially r¢li¢s on income from its En¢mb¢rs, funding from local statutory bodies and grants from other national orgaDisations. The trustees have ¢onsid¢r¢d the risks and uncertainties arising from tli¢ charity's operations and are maintaining a constsnt watching brief on the charity'5 ca5hflow, as w¢ll as regularly updating budget pr¢dictions and fmancsal proj¢cts and adapting to new ways of delivering core s¢rvices to its members. Th¢ twstees believe that in vi¢w of the above assessmenL the charity's financial statements are appropriately prepared under th¢ goin8 COrtceTn basis. Income Incom¢ is recognised wl)en the charity has enritlement to tlie fund5, any p¢rfom)ance attached to the iteTnl5) of Èncotne hav¢ been met. it 15 probable tl)at thc income will be reteived and the ainount Can b¢ measured reliably. Income from governmcnt and other grants, wliether 'capital' grants or 'revenue' grants, is recognised wlJ¢n the charity has ¢ntitlement to the nds, any p¢rfonnance conditions attached its the grants hav¢ b¢¢n met, it is probable that the income will be received and the amount can be measured reliably and is not d¢ferr¢d. For legaci¢s, entitlement is tsken as the ¢arli¢r of the dale on which either.. the eharity is aware that probate has been granted, the estate has been finalis¢d and notification has been mad¢ to th¢ ¢xecutorfsl to the charity that a distribution will be made, or when a distribution is received from th¢ cstat¢. Receipt of a legacy, in whole or in part, is only constdered probable when th¢ arnouni can be measured reliably and the Charity has been notTfied of the execiitor's intcntion to make a distribution, Where legacies have been notified to the d)arity, or the chariry is aware of the granting of probare, and the crit¢ria for income recognition have not been met, th¢n thc legacy is tr¢ated as a contingent ass¢t and disclosed if material. Donated prof¢ssional services and donatcd facilities are recognised as illcome when th¢ tharity has control over the item, any conditions associated witl) tli¢ donated item have been met, the receipt of economic benefit from the use by the chaiity of the itein is probable and that economic benefit can be m¢asur¢d reliably. In accordance with the Charitie5 SOIiP (FRS1021, volunteer time is not recogni5¢d and r¢f¢r to rhe trustees, annual report for more inforniation about th¢ir Contribution. On receipt, donat¢d profcssional services and donat¢d facilities are recognised on the basis tsf the valu¢ of the gift to the charity which is thc amount the chariry would hav¢ be¢n willing to pay to obtain services or facilities of equivalent economie b¢n¢fit on the open market: a corr¢sponding amount is then recognised in expenditure in the period of receipt. Interest on funds held on deposit is included when receivabl¢ and the amount can be measured reliably by the ¢lwity,' this is nornlally upon notification of the interest paid or payable by th¢ Bank. Page 11 continued...
Seeond Chance Headway Centre Notes to the Financial Statement5- Continued for the year ended 31 Deeember 2023 ACCOUNTINC POLICIES- contlnued Expenditure Liabilitics are recognised as ¢xpenditure as soon as ther¢ is a legal or constrnctive obligation committing the charity to that expenditure, it is probable ih2t a trallsfer of economic benefits will bc required in settlement and th¢ amount of the obligation can be measured r¢liably. Expendillwe is accounted for on an accrnals basis and has been classifs¢d under headings tliat aggr¢gat¢ all cost related to thc category. Where costs cannot b¢ directly attribiit¢d to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed asset$ Deprwiation is provided at th¢ following annual rates in ord¢r to write off each asset over its estiiDated useful life. Short leas¢hold Fixtur¢s & equipment Computers and other equipm¢nt Over the term of th¢ lease IO/oon¢ost 25 /0 OEi Cost Tangiblc fixcd assets for llse by the charity are capitalised if they ¢an be used for more than one year, and cost at l¢ast £500. They are vallltd at cost or, if gifted. at the value to the charity on receipt. Tgxatlon Th¢ Ghariry is exempi from ¢orporation tax on its Charitable activiiies. Fund accounting Unrestrict¢d fijnds comprise of amounts donated to the charity for g¢ll¢ral use, fundraising income and f¢¢ incom¢ which can be used in accordance with the chaTitable obj¢ctlV¢S 3t the discretion of the trustees. R¢stricted funds Call only be used for particular r¢strict¢d purposes within the object5 of th¢ charity. R¢strictions arise when sp¢cified by the donor or wh¢D funds are raised for particular restricted purpos¢s. All income and exp¢nditure is shown on the Stat¢rn¢nt of Financial Activities. Hire purchase and leasing commitment5 Rentals paid under opcraiing leases are charged to the Statement of Financial Activitlcs on a straight line basis over the period of th¢ lease. Pension costs and other post-retir¢ment beneflts The charitable company operat¢s a defin¢d contribution pension scheme. Contributions payable to the charitabl¢ Company's pension wheme are charged to the Statement of Financial Actlvilies in the period to which they relat¢. Page 12 continued...
Second Chance Headway Centre Note5 to the Finaneial Statements- continued for the year ended 31 December 2023 DONATIONS AND LEGACIES 2023 2022 Donations Grants 12.828 182,869 20,779 232,934 195,697 253,713 Grants received, included in the above, are as follows: 2023 2022 Big Lottery Fund Grant Livewell Grant WDHCS GTant Mental Health Alliance Scrcwfix Foundation 106,732 6,262 15,704 315 166,850 116,361 3,579 182 869 232,934 OTHER TRADING ACTIVITIES 2023 2022 Fundraising events 28,715 13,030 INVESTMENT INCO1[ 2023 2022 Deposit a¢count interest 1.342 758 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 Aetivity Provision of day care services Fees 213 722 204.185 Page 13 continued...
Second Chgnce Headway Centre Notes to the Financial Statements- ¢ontinued for the year ended 31 December 2023 ILUSING FUNDS Ralsing donatioDS and legacles 2023 2022 Rent Rates and water Insurance Light and heat Telephone and internet Postsge and advertising Sundry expenses Stationery and office suppli¢s Cleaning Repairs and renewals Caseworker System Software Depieciation 38,546 1,285 805 5,J41 2,616 31,295 698 2.497 4.802 2,167 11 824 I,oii 1,598 2,414 9,873 6,391 4.024 1.713 2.191 1,460 22,247 1,283 71,626 74,377 Other trading actiyities 2023 2022 Fund raising expenses 28 8.536 Aggr¢gate amounts 71,654 82.913 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 8) Support costs (see note 91 Totals Provision of day care servic¢s 458,453 21,714 480 167 Page 14 continued...
Second Chance Headway Centre Notes to the Finaneial Statements- ¢ontinued for the year ended 31 Detember 2023 DIRECT COSTS OF CHARITABLE ACTIVITIES 2023 2022 Staff costs Gam¢s. equipmeni and activities Volunteers travellIng expenses Occupational therapy costs 417,577 1.668 6,417 416.390 4,699 5,809 458 453 431511 SUPPORT COSTS Governance costs Other Totals Provision of day e2r¢ service$ 3.081 18.633 21.714 10. NET INCOMEI{EXPENDITURE) Net incomel(expendittire) is stated after chargingl(cr¢diting)'. 2023 2022 Depr¢ciation - owned assets R¢nt 1,122 38,546 1,283 31,295 ii. TRUSTEES, REMUIYERATION AND BENEFITS Ther¢ wer¢ no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustee$, ¢ypen5e$ Th¢re weTe no trustees. expenses paid for the year end¢d 31 D¢c¢mber2023 nor for th¢ y¢ar ¢ndcd 31 December 2022. 12. STAFF COSTS The average monthly number of employ¢¢s during the year was as follows.. 2023 14 2022 13 Direct supervision and activities Management and administrarion 18 17 No employees received ernoluments in exocss of £60,000. Page IS continued...
Second Chance Headway Centre Notes to the Finaneial Statements- continued for the year ended 31 December 2023 13. CODdPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted nd5 Rcstricted funds Total funds INCOME AND ENDOWMENTS FROM Donatsons and legacies 20,779 232,934 253,713 Charitable actÉvities Provision of day Ca services 204,185 204,185 Other trading aetivities Investment itieome 13,030 592 13,030 758 166 Total 238,586 233.100 471,686 EXPENDITURE ON Raising funds 51,130 31.783 82,913 Charitable #ctivities Provision of day care services 229,768 211.844 441.612 Total 280.898 243.627 524,525 r4ET INCOMEI(EXPENDITURE) Transfers between funds (42,312) 9,067 {10,527) 9.067 {52.839) Net movement in funds (33,245) {19,594) (52.839) RECONCILIATION OF FUNDS Total funds brought forward 322,482 85.105 407.587 TOTAL FUNDS CARRIED FORWARD 289,237 65,511 354,748 Page 16 continued...
Second Chance Headway Centre Notes to the Financial Statements- continued for the year ended 31 December 2023 14. TANGIBLE FIXED ASSETS Coinputers and otlier ¢quipmcnt Short Ic85¢hold Fixtures & ¢quipment Totals COST At l January 2023 and 31 D¢¢¢rnb¢r 2023 26,019 29,433 9,562 65,014 DEPRECIATION At l January 2023 Cl)arg¢ for year 24,638 262 24,212 860 9,562 58,412 At 31 D¢ccmber 2023 59,534 NET BOOK VALUE At 31 Deeembcr 2023 1,119 4J61 5,480 At 31 Decemb¢r 2022 1,381 5,221 6,602 Th¢r¢ were no capital co]nmiEments. either authorised, or contracted for, at the balance sheet date. 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtors Prepayments and accrued income 17.397 15.853 19,625 7,263 26.888 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade creditors Social s¢curity and other taxes Accruals and deferred income 5,557 6,907 12,729 1.720 7.728 34,737 Page 17 contittu¢d...
Second Cbanee Headway CeThtre Notes to the FÉnancial Statements- contlnued for the year ended 31 De£emb¢r 2023 17. LEASING AGREEMETr4TS Minimum lease paiThents under non-cancellabl¢ op¢rating leases fall due as follows.. 2023 2022 Within on¢ year Between one and five years 46,889 70.529 29,220 74.327 117418 103,547 18. MOVEMENT IN FUNDS Net rnov¢m¢nt in funds Tiansfers b¢tw¢cn funds At 31.12.23 At 1.1.23 Unrestrieted fund$ General fund 289.238 (112.547) 65,660 242,351 Restricted funds Big Lottery Fund Livewell Fund 65.510 201 (65.659) 52 202 52 TOTAL FUNDS 354 748 112,345 242.403 Net mov¢m¢nt in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 256,719 (369,266) (112,547) Restrlcted funds Big Lottery Fund Livew¢ll Fund MHA {Mental Health Allian¢c) Discharge MHA Prioritisation 201 15.704 80.0111 86.851 201 (15.703) {80,001) 86,851) 182,757 182 555 202 TOTAL FUNDS 439 476 551,821) 112,3451 Page 18 continued...
Second Chance Headway Centre Notes to the Flnanclal Statements- Continued for the year ended 31 December 2023 18. MOVEMENT IN FUNDS - eontinued CompAratlves for movement in fund$ N¢t tsvem¢Dt in fvnds Transf¢rs b¢tween nds At 31.12.22 At 1.1.22 UThrestritted fund5 General 322,482 (42.311} 9.067 289.238 Restrlcted fullds Property Purchase Fund Big Lottery Fund Livewell Fwid Mcntal Health Alliance - Carers Mental Health Alliance - Nurse Clinic 16,000 69,105 {16,000) 1,661 201 1,414 (5.2561 1201) (1,414) 65,510 {3.452) 205 3.452 205 Screwfix Foundation 65.510 TOTAL FUNDS 407 587 52.839) 354 748 Comparativ¢ net movement in funds, included in ¢he above are as follows.. Incoming resources Resources expended Movernent in fiinds Urtrestricted fund$ General fund 238,586 (280,897) {42,311} Re5tri¢ted funds Big Lottery Fund Livewell Fund Mental Health Alliance - Carers Mental Health Alliance - Nurse Clini¢ 106,898 6,262 34,338 (112,154) {6,463) 135,752) (5,256) (201) (1.414) 32,379 3.579 135,831) {3,784) {3,452) (205) Screwfix Foundation Mental Health Alliance - Community melltal health intervention 49,644 49,644) 233,100 243,628) 10,528) TOTAL FUNDS 471,686 524.525} 52 8391 Page 19 continued...
Second ChAnce Hegdivay Centre Notes to the Flnancial Statement5- Colltinued for the year ended 31 December 2023 18. MOVEMENT IN FUNDS- continued RKSTRICTED FUNDS Fund Name Purpose of re$tri¢tion Big Lottery Fund To recruit a small specialist caseworker team to support th¢ charity's work. Livewell Fund Funding iowaids the Connections" ¢ommunity hub- a facility which provides a safe and welcoming space for peer group5 and one to one support. Mcntal Health AIIEance Funding for the'caring for the carers in a pandemic, project. Funding for th¢'specialist brdin injury nurse clinic and Community nurs¢, proj¢ct. M¢ntal Health Alliance Fllnding for the'community mental health intervention and support for adults witli acquired brain injuries, project. Mcntal Health Alliance Funding for the'clinieal support day centre, and thc'connections- community support hubs, projects. Mental Health Alliance M¢nial Health Alliance Funding towards the discharge suppon casework team rnnning costs. Screwfix Foulldation Funding towards roof repairs a¢ the charities premises. 19. RELATED PARTY DISCLOSURES There were tto related party transactions for the year ended 31 December 2023. 20. POST BALANCE SHEET EVENTS In late December 2022. the Trustees were infomied of a legacy bequeathed to the Charity. £171.780 was received in March 2024. once the estate had been finalised. 21. COMPANY LIMITED BY GUARANTEE Th¢ company is limited by guarantee and does not h&ve any share capital. Pag¢ 20
Second Cbanee Headway Centre Detailed St?tement of FinAnciAI Activities for the year ended 31 December 2023 2023 2022 INCOME AND ENDOWMENTS Donations and legacies Donations Grants 12,828 182.869 20.779 232,934 195,697 253,713 Other tradlng actlvities Fundraising events 28.715 13,030 Investment ineome Deposit account interest 1,342 758 Charitable activities Fees 213,722 204,185 Total ineoming re50urce5 439,476 471,686 EXPENDITURE Raising doMation5 and legacie5 Rent Rates and water Insurance Lighi and heat Telephone and intemet Postage and advertising Sundry expenses Stationery and offi¢c supplics Cleaning Repairs and renewals Caseworker System Softwarc Depreciation of tangibl¢ fixed assets 38,546 1,285 805 5,141 2.616 824 i.oii 1.598 2,414 9,873 6.391 1.122 31,295 698 2,497 4,802 2,167 4,024 1,713 2,191 1,460 22,247 .283 71,626 74,377 Other trading activities Fund raising expenses 28 8.536 ChAritable #ctivities Salaries Social security Pensions Game5, equipment and activities Carried fOard 381,539 26,556 9,482 1,668 419.245 377,835 29.045 9.510 4.699 421,089 This page does not fomi part of the statutory financial statements Page 21
Second Chance Headway Centre Detailed Statement of FIancial Activities for the year ended 31 December 2023 2023 2022 Charitable activltffies Broiighi forward Voliinteers travclling expenses Occupational therapy costs 419,245 6,417 32,791 421,089 5.809 4.613 458,453 431,511 Support costs Other Staff Training 3,081 1,999 Governanee costs Legal and professional fces Indepetjdcnt ¢xaminer's fees 15,033 5.192 18,633 8,102 Totsl resources exp¢nd¢d 551,821 524,525 Net expenditure 112 52.839) This page do¢5 not form part of th¢ statOry financial staternents Page 22
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