REGISTERED COMPANY NUMBER: 05992718 (England and Wales) REGISTERED CHARITY NUMBER: 1121045 Second Chance Headway Centre Report of the Trustees and Financial Statements Year Ended 31 December 2024 SMH Jolliffe Cork Ltd Accountants & Business Advisors 3 3 George Street Wakefield West Yorkshire WFI ILX
Second Chance Headway Centre Contents of the Financial Statements for the year ended 31 December 2024 Page Report of the Trustees Independent Examiner's Report State]nent of Financial Activities Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement 12 Notes to the Financial Statements 13
Second Cliance Headway Centre (Registered number: 05992718) Report of the Trustees for tlie year ended 31 December 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with the fmancial slalements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities- Statement of Recomrnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Swidard applicable in tlie UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTtVITIES 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 lo their individual circumstances. We provide a professional service. ulilising 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 cornplex symptoms, including physical disablement, and a wide range of cognitive, eOtIOnal, and behavioural difficulties. These in 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 circurnsLances, offering a second chance of living a lfIllIng life. The changes that we seek to make reduce the distance between rnembeTS, thelr families. and the cornmunily 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- l. To relieve and rehabilitate individual.% living in or near Yorkshire and the Humber who have sustained an acquired brain injury likely to cause signifEcant 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 fmite 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 bav¢. Our strategy for achieving these ain]s and objectives is to deliver a first-class service to our mernbers 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 us and support us in our aims - Identify and suppi)rt partner organisations Identify and pursue funding opportunities and facilities support - Plan and deliver fundraising events Second Chan¢e has a 11 multi-disciplinary staff team of nurses, social workers, therapists, caseworkers. and 5UPPOrt workers. They provide assessrnents and support to adults with acquired brain injuries. their families, and carers. The casework service provides a pathway for statutory referrals. The daycenlre 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. Page I
Second Chance Headway Centre (Registered nurnber: 05992718) Report of the Trustees for the year ended 31 December 2024 ACHIEVEMELNT AND PERFoRlNcE Charitable activities 2024 was a consolidation year for the charity. The main achievements were in re-organisation and development. We improved and fornialised 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 forn]alised the assessment and one to one support diary and appointment systems. The casework service continued to expand and make the case for StatOry Funding. Positive feedback was received. and we look forward to developments in ?025. The daycentre facilitates a range of therapeutic and social group sessions including Memory and cognition sessions. art, music, movement and Physiotherapy, Speech and Language, home living skills, community, and travel skills, etc. The casework and cotnmunity support provide focussed advice assessment and support both in the centre and at home. The daycentre currently has over 80 members at any time and supports tliem and their families. The community hub with the peer and family groups supports over 250 people in the district annually. The casework service has received referrals for 304 clients in th¢ first 2 years. In addition to Sustained input for 261 progressed referrals the service has provided support to a further 683 individuals liT)ked to those referrals. The casework service has become embedded in the statOry provision and has expanded to match the West Yorkshire Partnership geographic area. The team moved to their own otTice 15A Westgate, Wakefield in August 2024. During the year we strengthened and fonnalised our HR Support by joining FSB. We also became members of We Are Wakefield to expand on our partherships and collaboration with Businesses and other Charities. Page 2
Second Chance Headway Centre (Registered number: 05992718) Report of the Trustees for the year ended 31 December 2024 FINANCIAL REVIEW Financial position The financial statements are set out on pages 7 to 20. The financial staten]ents 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 Ftnancial 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 incoming resources for the year of £106,312 (2023: net outgoing resources £112,345). The total unrestricted reserves al the year end stand at £318,252 {2023.. £242,351). 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. Funding from grants were less significant than previous years, however we secured several small grants from July 2024. Prosper, Healthy and Sustainable Futures, Sir George Martin Trust and Morrisons awarded us fiLnding to cover the costs of equipment. n]aterials and part salaries. The Second Chance ndIllg model is based on a chargeable service which covers approximately 213rd of the overall cost, supplemented by grants and fundraising. The limitation is based around the maXin]U contribution made in benefits and support to individuals. The daycentre service is unlikely to be conunissioned under the current ¢¢onomic climate. The casework service is funded by NHS West Yorkshire Integrated Care Board and supplemented from the charity's reserves. The service is designed to be free at the point of delivery and appropriate be commissioned. There is Strong support from our statutory partners in that regard. 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 CO-OP. The Virgin account is recognised as being especially secure for charities, and our two main bank accounts are also covered by the FSCS Bal protection. Reserves policy The reserves policy is reviewed annually against the changing circumstances. This b¢¢ame especially necessary during and after tbe Covid Pandemic. The policy and amount are adapted annually according to the circumstances and forecast of the time. In 2024 the objectives were to hold an amount to satisfy three criteria: _ l. An amount sufficient, in the event of a significant crisis or situation requiring the resizing of a reduced service to operate from 15A Westga*. 2. An amount sutTicient to allow a controlled and managed closedown of the charity should that be unavoidable. 3. An amount (additional to the resizinglcl0sed0w scenario), to enable the charity to operate with the confidence and support of our partners and creditors. The referral and membership pro¢ess is dependeni on the charity baving staff8 continuity and being fmancially resilient. The budgeted operating cost for the Day¢entre Service over 12 months was approxiEnately £414,200. To cover the above continuation and resizing with an operating reserve we held approximately 4 months costs. Page 3
Second Chance Headway Centre (Registered number: 05992718) Report of the Trustees for the year ended 31 December 2024 FUTURE PLAI¥S The Charity plans to continue the activities Outlined above in the forthcoming years, subject to satisfactory funding, and will be focusing on the following in the short lo mid tern]'. For 2025 we have increased membership fees by 8.2 %. We are exploring several new paTtherships to increase funding opportunities and improve our service offer. We have commissioned a specialist grant fijndraising and evaluaiion consultant for 2025 to assist with a competitive grant making climate. We will explore new premises with a view to moving three premises into one for Cost savings and efficiency. We will conduct a service review and relaunch at the end of 2025 1 early 2026. STRUCTURE, GOVERNAIYCE AND MANAGEMENT Governing document The Charity is both a Company Limited by Guarantee and a Registered Charity. The Trnstees are drawn from the local Community and bring a wide range of relevant experience and qualifications. The Board of Trnstees is constituted tn 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 B02rd of Trustees employs a Business Manager, Casework Manager and a Clinical Lead 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 Tnanagement team, but retain control of overall strategy. They meet with the managemeat team every rnonth 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, witb a comparison toward a mid-point of the NHS equivalent rates and confirnied by the Trustees at board rneetings. Recruitment and appolntment of new trustees The directors of the company are also Charity TnLStees 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 al the next Annual General Meeting. All member of the Committee give their tirne 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 potntial pool of trustees, the chaTity has sought to identify members with personal or professional experience of brain injury to assist the Charity. Business and medical skills are well represented ou the Committee. Individuals with specific appropriate skills are approached to be seconded to the Con]rnittee. and they may offer themselves for election at the following AGM. Induction and training of new trustees Most trustees are already familtar with the practical work of the charity and are encouraged to visit the Centre and maintain faTniliarity 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. Page 4
Second Chance Headway Centre {Registered number: 05992718) Report of the Trustees for the year ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT 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 mitigFate the risks the charity faces. Significant external risks io ndIng 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 auillorisation of all transactions 2nd 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 thal 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. 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 managen]ent of the Centre, and the Casework Project, with individual supervision of the staff team and also ensuring that the learn continue to develop their skills and working practices in line with good practice. 2024 was a year of Change for Second Chance as two long standing members of staff in the senior team retired. Pete reiired as Business Manager in June 2024 and was replaced by Nathan Garbutt-moore who joined us from the local Authority. Janice also retired as Finance Manager in July 2024 and was replaced by Louise Sharp who is a self-ernployed Bookkeeper. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05992718 (England and Wales) Registered Charity number 1121645 Registered office Almshouse Lane Wakefield Wesl Yorkshire WFI IDS Trustees Mr P Bourne Mrs J A Horton Mrs K Bennison Mrs C Corbett Mr R Caley MS E Jowett Chair Resigned- 28 June 2025 Appointed- 17 January 2025 Senior Management Mr N Garbutt-moore Ms S Feaiherston Ms N Walley Business Manager Clinical Lead Casework Project Manager Page 5
Second Chance Headivay Centre (Registered number: 05992718) Report of the Trustees for the year ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner SMFI Jolliffe Cork Ltd Accountants & Business Advisors 33 George Street Wakefield West Yorkshire WFI ILX Approved by order of the board of trustees on 21 July 2025 and signed on its behalf by.. f_ dp/+- Ms J A Horton - Trustee Page 6
Independent Examiner's Report to the Trustees of Second Chance HeadTrvay Centre Independent examiner's report to the trustees of Second Chance Headway Centre ('the Company,) report to the charity trustees OD my examination of the accounts of the Company for the year ended 31 December 2024. Respoll5ibilities and ba515 of report As the charity's lrnstees 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 Cotnpany 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 201 l 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 confinn that l am qualified to undertake the examination because I aTn a member of the Instimte of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed rny examination. I confum that no matters have come to my attention in conn¢ction with th¢ examination giving me cause to believe- accounting recoTds were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord witli those records. or 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 the accounts have not been prepared in accordance with the methods and principles of tbe 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 I02)). I have no concerns and have come across no other rnatters 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 Accountants & Business Advisors 33 George Street Wakefield West Yorkshire WFI ILX Dale: %.z-_ Page 7
Second Chance Headway Centre Statement of Financial Activities for tlie year ended 31 December 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 207,148 204,095 411,243 195,697 Charitable activities Provision of day care services 234,077 234,077 213,722 Other trading activtties Investtnent income 29,936 2,252 29,936 28,715 l.342 86 Total 473,413 204 181 677.594 439.476 EXPENDITURE ON Raising funds 73.027 5,198 78,225 71,654 Charitable activities Provision of day Care services 323,472 169,585 493,057 480,167 Total 396,499 174,783 571,282 551,821 NET INCOME/(EXPENDITURE) Transfers between funds 70,914 29,398 1,013 106,312 (112,345) 18 Net movement in funds 75,901 30,411 106,312 (112,345) RECONCILIATION OF FUNDS Total funds brought fonvard 242,351 52 242,403 354,748 TOTAL FUNDS CAIUUED FORWAJiD 318,252 348 715 242 403 The notes forni part of these financial statements Page 8
Second Chance Headway Centre (Registered number: 05992718) Balance Sheet 31 December 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangkble assets 14 4,358 4,358 5,480 CURRENT ASSETS Debtors Cash at bank and in hand 15 39,607 308,211 39,607 384.521 33,250 228,866 76,310 347,818 76,310 424,128 262,116 CREDITORS Amounts falling due within one year 16 (33,924) (45,847) (79,771) (25,193) NET CURRENT ASSETS 313,894 30,463 344,357 236,923 TOTAL ASSETS LESS CURRENT LIABILITIES 318,252 30,463 348,715 242,403 NET ASSETS 318,252 30,463 348 715 242,403 FUNDS Unrestricted funds Restricfrd funds 18 318,252 30,463 242,351 52 TOTAL FUNDS 348,715 242,403 The charitable company is entitled to exetnption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of its fll]ancial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The ttustees acknowledge their responsibilities for (a) ensuTing that the charitable company kecps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial stalements 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 othenvise comply with the requirements of the Companies Act 2006 relating to fancial statements, so far as applicable to the charitable company. (b) The notes forni part of these fUnClaI statements Page 9 ontinued..
Second Chanee Headway Centre (Registered number: 05992718) Balance Sheet- continued 31 December 2024 These fmancial statements have been prepared in accordance with the Provisions applicable to charitable companies subject to the small companies regime. The fmancial statements were approved by the Board of Trustees and authorised for issue on 21 July 2025 and were signed on its behalf by: Ms J A Horton - Trustee The notes fonn part of these fmancial statements Page 10
Second Chance Headway Centre Cash Flow Statemeiit for the year ended 31 December 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations 153,317 128,471) Net cash provided by/{used in) operating activities 153,317 128,471) Cash flows from illvesting activities Interest received 2,338 1,342 Net cash provided by investing activities 2,338 1,342 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 155,655 (127,129) 228,866 355,995 Cash And cash equivalents at the end of the reporting period 384,521 228,866 The notes form part of these financial statements Page 11
Seeond Chance Headway Centre Notes to the Cash Floiv Statement for the year ended 31 December 2024 RECONCILIATION OF NET INCOMEI(EXPETrJDITURE) TO NET CASH FLOW FROM OPERATING ACTtVITIES 2024 2023 Net incomel(¢xpenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Increase in debtors Increasel(decrease} in creditors 106,312 (112,345) 1,122 (2J38) (6,357} 54,578 1,122 (1,342) (6,362) (9,544) Net cash provided byl(used ill) operations 153,317 128,471) AIYALYSIS OF CHANGES IN NET FUNDS At 1.1.24 Cash flow At31.12.24 Net cash Cash at bank and in hand 228.866 155,655 384,521 228 866 155 655 384,521 Total 228,866 155,655 384,521 The notes forni part of these fmancial statements Page l2
Second Chanee Headway Centre Notes to the Financial Statements for the year ended 31 Deeember 2024 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) 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparing their accounts in accordance wÈth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The t-mancial statements have been prepared under the historical cost convention. Going concern The financial statements are prepared on the goillg concern basis which assumes that the charity will continue in operational existence for the foreseeable future. The charity substantially relies on income from its tnembers, funding from local statutory bodies and grants from other national organisations. The tNstees have considered the risks and uncertainties arising from the charity's operations and are maintaining a constant watching brief on the charily's cashflow, as well as regularly updating budget predictions and fmancial projects and adapting to new ways of delivering core services to its members. The trustees believe that in view of the above assessment, the chartty's fllwicial statements are appropriately prepared under the going concern basis. Income Income is recognised when the charity has entitlemenl to the funds, any perforn]ance 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 frotn government and other grants, whether 'capttal' grants or 'ievenue' grants, is recognised when the charity has entitlement to the funds, any perfomiance 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-. tbe charity is aware that probate has been granted. the estate has been finalised and notiflcation has been made io the executorfs} 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 cOMe recognition have not been met, then the legacy is treafrd 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 rnet, 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 inforniation 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 CoespOndIng amount is then recognised in expenditure in the period of receipt. Interest on ndS held on deposit is included when receivable and the amount can be measured reliably by the charity- this is normally upon notification of tbe interest paid or payable by the Bank. Page 13 continued...
Second Chance Headway Centre Notes to the Financial Statements - continued for the year ended 31 December 2024 ACCOUNTING POLICIES - continued Expenditure Liabilities are recognised as expenditure as soon as theTe 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 conststent with the use of resources. Tangible fixed assets Depreciatioll is provided at the following aDnual rates in order to write off each asset over its estimated usefijl life. Short leasehold Fixtures & equipment Cornputers and otlier equipment Over the terni of the lease 100/0 on cost 25 /0 on cost Tangible fixed assets for use by the charity are ¢apitali5ed 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 corporalioTh tax on its charitable a¢tivities. Fund accounting Unrestricted funds comprise of amounts donated to the charity for general use, fundraising income and fee icorne which Can be used in accordance with the charitable objectives at the discretion of the tSteeS. Restricted ndS can only be used foT particular restricted putyoses within the objects of the charity. Restrictions arise when specified by the donor OT when funds are raised for particular restricted Purposes. All incotne and expenditure is shown on the Statement of Financial Activities. Hire purchase and leasing conimitments 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-retiretnent 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. Page 14 continued...
Second Chance Headway Centre Notes to the Financial Statements - Continued for the year ended 31 December 2024 DONATIONS AND LEGACIES 2024 2023 Donations Legacies Grants 16,006 184,877 210J60 12,828 182,869 411,243 195,697 Grants received, included in the above, are as follows: 2024 2023 Livewell Grant Sir George Martin Tst Grant WDHCS Grant Mental Health Alliance Community Access Grant Morrison's Fundation Grant Prosper Grant NOVA Healthy & Sustainable Communities Neighbourhood Improvement Grant Rotary Club Christmas Grant Percy Bilton Trust Grant Arts & Culture Grant NHS Wakefield ICB Other grants 15,704 3,001 5,091 315 166,850 960 2,000 4,153 4,750 777 400 750 3,766 183,539 1.173 210,360 182,869 OTHER TRADING ACTIVITIES 2024 2023 Fundraising events 29,936 INVESTMENT INCOME 2024 2023 Deposit accoullt interest 2J38 1,342 Page 15 continued...
Second Chance Headway Centre Notes to the Financial Statements- continued for the year ended 31 December 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Provision of day care services Fees 234,077 213,722 RAISING FUNDS Raising donations and legacies 2024 2023 Rent Rates and water Insurance Light and heat Telephone and internet Postage and advertising Sundry expenses Stationery and office supplies Cleaning Repairs and renewals Caseworker System Software Computer expenses Depreciation 39,892 1,039 2,346 6,110 3,676 1,293 2,486 1,546 1,621 6,804 7,269 2,287 1,122 38,546 1.285 805 5,141 2.616 824 I,oii 1,598 2,414 9,873 6,391 1.122 77,491 Other trading aCtitieS 2024 2023 Fund raising expenses 734 28 Aggregate amounts 78,225 71.654 Page 16 continued...
Second Chance Headway Centre LNotes to the Financial Statements - continued for the year ended 31 December 2024 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 8) Support costs (see note 9) Totals Provision of day care services 462 034 31,023 493,057 DlliECT COSTS OF CHARITABLE ACTivfTIES 2024 2023 Staff costs Games, equipment and activities Trdvel expenses Occupational therapy costs 445,424 1,590 8,866 6,154 417,577 1.668 6,417 32,791 462,034 458,453 SUPPORT COSTS Governance costs Other Totals Provision of day care services 29,228 io. NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting)'. 2024 2023 Depreciation - owned assets Rent 1,122 39,892 1.122 38,546 li. TRUSTEES, REMUNERATION AND BENEFITS There were no truslees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. Page 17 ontinuell..
Second Chance Headway Centre Iyotes to the Financial Statements - eontinued for the year ended 31 Deceniber 2024 12. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 401,140 33,804 10,480 381,539 26,556 9,482 445,424 417,577 The average tnonthly number of employees during the year was as follows.. 2024 14 Direct supervision and activities Management and administration 2023 14 19 18 No employees received emolurnents in excess of £60,000. 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted nds Restricted funds Total fimds INCOME AND ENDOWMENTS FROM Donations and legacies 13.143 182,554 195,697 Charitable activities Provision of day care services 213.722 213,722 Other trading activities Investment income 28.715 1.139 28,715 1,342 203 Total 256 719 182 757 439,476 EXPENDITURE ON Raising funds 48,434 23.220 71.654 Charitable activities Provision of day care services 320,832 159.335 480,167 Total 369,266 182,555 551,821 LNET tNCOMEI{EXPENDITURE) Transfers between funds {112,547) 65,660 202 65,660) (112,345) Net movement in funds (46,887) (65,458) (112,345) RECONCILIATION OF FUNDS Total funds brought forward 289,238 65,510 354.748 Page 18 continued...
Second Chance Headway Centre Notes to the Fiiiancial Statements - continued for the year elided 31 Deceniber 2024 13. COMPARATIVES foR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds Total funds TOTAL FUNDS CARIUED FORWAIiD 242,351 52 242,403 14. TANGIBLE FED ASSETS Computers and oihet equipment Short leasehold Fixtures & equipment Totals COST At l January 2024 and 31 December 2024 26,019 29,433 9,562 65,014 DEPRECIATION At l January 20?4 Charge for year 24,900 262 25,072 860 9,562 59,534 1,122 At 31 December 2024 25,162 25,932 9,562 60,656 LYET BOOK VALUE At 31 December 2024 857 3,501 At 31 December 2023 1.119 4,361 5.480 There were no capital commitrnents, either authorised. or contracted for. at the balance sheet date. DEB TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 15. 2024 2023 Trade debtors Prepayments and a¢crned income 23,225 16J82 17,397 15,853 39,607 33,250 Page 19 continued...
Second Chance Headway Centre Notes to the Financial Statements - continued for the year ended 31 December 2024 16. CRIDITORS: 1IoUNTs FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social .%ecurity and other laxes Other creditors A¢cruals and deferred income 6,064 5,557 6,907 2,155 71,552 12,729 25,193 17. LEAStNG AGREEMENTS Minimum lease payments under non-¢ancellable operating leases fall due as follows: 2024 2023 Within one year Between one and five years 34,406 46.889 70,529 117418 18. MOVEMENT IN FUNDS Net movement in funds Transfers between fijnds At 31.12.24 At 1.1.24 Unrestricted funds General fund 242,351 76,914 (1,013) 318,252 Restrieted funds Big Lottery Fund Sir George Martin Trnst NHS Wakefield ICB Community Access Morrison's Foundation Prosper Grant NOVA Healthy & Sustsinable Communities Neighbourhood Improvement Grant Rotary Club - Christmas Grant Percy Billon Trust Grant Arts & Culture Grant 52 86 2,578 20,518 860 1,613 (596) (138) 2,578 20,518 860 1,613 596 3,709 394 41 750 3.709 394 41 750 555 52 29J98 1,013 30,463 TOTAL FUNDS 242,403 106 312 348 715 Page 20 continued...
Seeoiid Chance Headway Centre Notes to the Financial Statements - continued for the year elided 31 Deceniber 2024 18. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 473.413 (396.499) 76.914 Restricted funds Big Lottery Fund Sir George Martin Trust NHS Wakefield ICB Community Access molS0,S Foundation Prosper Grant NOVA Healthy & Sustainable Cornmunities Neighbourhood Improvement Grant Rotary Club - Ckristmas Grant Percy Bilton Trust Grant Arts & Culture Grant 86 3,000 183,538 960 2,000 4,153 86 2,578 20,518 860 1,613 (596) (422) (163,020) (ioo) (387) (4,749) 4,750 777 400 750 3,767 {1,041) (383) (359) 3,709 394 41 750 4J22) 204,181 174,783) 29,398 TOTAL FUNDS 677 594 (571,282) 106 Comparatives for movement in funds Net movement in funds Transfers between funds At 31.12.23 Atl.1.23 Unrestricted funds General nd 289.238 {112,547) 65,660 242,351 Restricted funds Big Lottery Fund Livewell Fund 65,510 201 (65,659) i) 52 65,510 202 65,660 52 TOTAL FUNDS 354,748 112,345) 242,403 Page 21 continued...
Second Chance Headway Centre Notes to the Financial Statements - continued for the year ended 31 December 2024 18. MOVEMENT IN FUNDS - colltinued Comparative net movement in fiu]ds, included in the above are as follows.. Incoming Tesources Resources expended Movement in funds Unrestricted fund5 General fund 256,719 (369,266) (112,547) Restricted funds Big Lottery Fund Livewell Fund MHA (Mental Health Alliance) Discharge MHA Prioritisation 201 15,704 80,001 86,851 201 (15,703) (80,001) 86.851) 182,757 182.555 202 TOTAL FUNDS 439,476 551,821) 112,345) Page 22 continued...
Second Cbance Headway Centre Notes to the Financial Statements - continued for the year ended 31 December 2024 18. MOVEMENT IN FUNDS - eontillued RESTRICTED FUNDS Fund Natne Purpose of restriction Big Lottery Fund To Tecrnit a small specialist caseworker team to support the charity's work. Livewell Fund 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. - Funding for the 'specialist brain injury nurse clinic and commuuity nurse project. Funding for the 'community mental health intervention and Support for adults with acquired brain injuries, project. - Funding for the 'clinical support day centre, and the 'conne¢tions- community SUPPOrt hubs, projects. - Funding towards tl]e discharge support casework team running costs. Sir George Martin Trnst Funding towards advertising and occupational therapy. NHS Wakefield ICB Funding to continue our casework service supporting people in the community across West Yorkshire. Conllnunity Access Funding from WMDC to facilitate community activities and trdnsport for the people we support. Morrison's Foundation Funding towards equipment within the therapy centre. Prosper Grant Funding towards the salary of our Clinical Lead io facilitate support groups. NOVA Healthy & Sustainable Communities Funding towards reaching more people affected by brain injury. Neighbourhood Improvement Grant Funding towards updating our outdoor space. Rotary Club - Christmas Grant Funding towards the Christmas Paty Percy Bilton Trust Funding towards equipment within the therapy centre. Arts & Culture Grant Funding for our arts alld craft sessions ending with an exhibition as part of WMDC 'Our Yearf activities. Page 23 continued...
Second Chance Headway Centre Notes to the Financial Statements- continued for tlie year ended 31 December 2024 19. RELATED PARTY DISCLOSURES There were no related paty transacttons for the year ended 31 December 2024. COMPANY LIMITED BY GUAIiANTEE 20. The company is Itmited by guarantee and does not have any share capital. Page 24