2023-08-31-accounts - Headway Tyneside

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HEADWAY TYNESIDE

REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2023 COMPANY REGISTRATION NO. 06992206

CHARITY NUMBER 1132713

HEADWAY TYNESIDE

FINANCIAL STATEMENTS

YEAR ENDED 31ST AUGUST 2023

	Contents	Page
Reference and Administrative Information			2
Trustees Annual Report			3 - 4
Independent Examiners Report			5
Statement of Financial Affairs			6
Balance Sheet			7
Notes forming part of the financial statements			8 - 11

HEADWAY TYNESIDE

REFERENCE AND ADMINISTRATIVE INFORMATION

YEAR ENDED 31ST AUGUST 2023

The Trustees present their report and financial statements for the year ended 31st August 2023.

CONSTITUTION

Headway Tyneside is a company limited by guarantee and a registered charity.

DIRECTORS AND TRUSTEES

The Trustees of the charitable company (the charity) are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees.

CHARITY NAME

Headway Tyneside

COMPANY NUMBER

6992206 CHARITY NUMBER 1132713 REGISTERED OFFICE Irwin Mitchell LLP Wellbar Central 36 Gallowgate Newcastle Upon Tyne NE1 4TD BOARD OF TRUSTEES Samantha Miller Matthew Nakonseky Ellie Marriott Elizabeth Ann Alam (Chair) Rachel Lees Sophie Moore David Robert Lee Jessica Louise Meadows Lee Simpson ACCOUNTANTS Westwaters 34 Frederick Street Sunderland SR1 1LP BANKERS Barclays

HEADWAY TYNESIDE

TRUSTEES REPORT

YEAR ENDED 31ST AUGUST 2023

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31st August 2023.

Objects of the charity

The objects of the association are to relieve the needs of persons who have suffered traumatic brain injuries and their families and carers in Tyneside by the provision of care, support and advice so that their conditions of life may be improved. In furtherance thereof, but not otherwise the association shall seek to:

1) Promote understanding of all aspects of brain injury.
2) Provide information, support and services to people with brain injury, their families and carers and relevant professionals.
3) Promote a co-ordinated multidisciplinary approach to brain injury screening, acute care, assessments, rehabilitation and return to the community.

4) Increase public awareness and understanding of brain injury.

5) Participate in activities which will reduce the incidence of brain injury.

Organisation and background

The charity is administered by its board of Trustees in accordance with the Articles of Association. For the year to 31st August 2023, the board was comprised of the Trustees listed at page 2.

The memorandum and articles of the charitable company were incorporated on 17th August 2009 as amended by Certificate of Incorporation on change of name dated 27th June 2017 as amended by special resolution registered at Companies House on 18th July 2018.

Achievements In Year

The year ended 31st August 2023 saw Headway Tyneside largely resume its full range of operations following the necessary curtailments caused by the Covid-19 pandemic. We continued to work closely with our NHS partners with the Headway2work programme and we continued to organise activites and undertake actions consistent with our stated objects set out above.

Examples of these activities and actions during the year ended 31st August 2023 include organising weekly games of walking football, regular social group drop in sessions, and various seasonal activities such as a Christmas meal which was very well attended by our members, carers and committee members and our springtime stroll which again was very well attended.

Personal Statement of Elizabeth Alam (Chair)

This has been a year of consolidation of the current operating model for Headway Tyneside, following the disruption of the pandemic, the award of the Headway 2 Work NHS contract and the hiring of staff. There has also been healthy renewal of the Trustee Board, and there has been a new emphasis on managing risk, establishing a drum-beat on policy development and updates, and initiation of work on future strategy. Alongside all of this, the service has grown with a wider range of social events, skills sessions and physical activities and has seen a 15-20% increase in participation.

We have both a very dedicated staff, and a committed Board. We are extremely grateful for all the work they do, going the extra mile for the ABI community in Tyneside. The increases in attendance, and the verbatim feedback from our members reiterates the critical importance of the work that Headway Tyneside does, and the positive impact on quality of life for so many. A big thank you to everyone involved with Headway Tyneside.

HEADWAY TYNESIDE

TRUSTEES REPORT (Continued)

YEAR ENDED 31ST AUGUST 2023

Trustees Responsibilities

Company law requires the Trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for that period. In preparing those accounts, the trustees are required to:

select suitable accounting policies and apply them consistently:
observe the methods and principles in the Charities SORP (FRS 102):
make judgements and estimates that are reasonable and prudent:
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

By order of the Board

30th May 2024

…………………………………………..

Elizabeth Alam Chair

HEADWAY TYNESIDE

INDEPENDENT EXAMINER'S REPORT

YEAR ENDED 31ST AUGUST 2023

We report on the accounts of the HEADWAY TYNESIDE for the year ended 31st August 2023, which are set on pages 6 to 11. These accounts have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), under the historical cost convention and accounting policies set out on pages 8 and 9.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity's Trustees of the Company (who are also the directors of the company 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")

Being satisfied that the accounts of the Company are not required to be audited this year under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of your charity's accounts as carried out under section 145 of the Charities Act 201 ("the 2011 Act"). In carrying out my examination, we have followed the directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act).

Independent examiner's statement

We have completed our examination, and confirm that no material matters have come to our attention which gives us cause to believe that:

accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
the accounts do not accord with such records; or
the accounts do not comply with the relevant accounting requirement under section 396 of the Companies Act 2006 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 Charities SORP (FRS 102)

We 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 ot be reached.

…………………………………………………………..

WESTWATERS

30th May 2024

HEADWAY TYNESIDE

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE)

YEAR ENDED 31ST AUGUST 2023

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TOTAL
UNRESTRICTED DESIGNATED RESTRICTED TOTAL FUNDS FUNDS
Notes FUNDS FUNDS FUNDS 2023 2022
£ £ £ £
INCOMING RESOURCES
Incoming resources from generated funds 2
- Voluntary income 11893 0 19700 31593 45100
- Activities for generating funds 0 0 0 0 0
- Investment income 0 0 0 0 0
Incoming resources from charitable activities 3 0 0 0 0 0
Other Incoming resources 0 0 22238 22238 51715
TOTAL INCOMING RESOURCES 11893 0 41938 53831 96815
RESOURCES EXPENDED 4
Activities for generating funds 2340 0 0 2340 2280
Charitable activities 42519 0 33474 75993 52971
Governance costs 790 0 0 790 755
TOTAL RESOURCES EXPENDED 45649 0 33474 79123 56006
NET INCOMING/OUTGOING RESOURCES -33756 0 8464 -25292 40809
BEFORE TRANSFERS
TRANSFER BETWEEN FUNDS 2831 0 -2831 0 0
PRIOR YEAR ADJUSTMENT 21654 0 -21654 0 0
TOTAL FUNDS BROUGHT FORWARD 21323 0 55256 76579 35770
TOTAL FUNDS CARRIED FORWARD 12052 0 39235 51287 76579
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HEADWAY TYNESIDE

BALANCE SHEET

YEAR ENDED 31ST AUGUST 2023

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2023 2022
Notes
Fixed Assets
Tangible Assets 8 0 0
Current Assets
Cash at bank and in hand 54313 80022
Debtors 0 44
Total Current Assets 54313 80066
Current Liabilities
Creditors:Amounts falling due within one year 9 3026 3487
3026 3487
Net Current Assets 51287 76579
Net Assets 51287 76579
Funds of the Charity
Restricted funds 11 39235 55256
Designated funds 11 0 0
Unrestricted funds 11 12052 21323
Total Charity Funds 51287 76579
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These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the 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)

For the financial year ended 31st August 2023, the company was entitled to exemption from audit under section 477 Companies Act 2006; and no notice has been deposited under section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts were approved by the board on 30th May 2024

Elizabeth Alam TRUSTEE

HEADWAY TYNESIDE

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST AUGUST 2023

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.

(a) Basis of Accounting

The financial statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

(b) Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

(c) Incoming Resources

All incoming resources are included in statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

Voluntary income is received by way of subscriptions, donations and gifts and is included in full in the Statement of Financial Activities when receivable.

(d) Resources Expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates:

Costs of generating funds comprise the costs associated with attracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activiites and services for it's beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessart to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.
All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis i.e. floor areas, per capital or estimated usage as set out in Note 4.

HEADWAY TYNESIDE

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST AUGUST 2023

(e) Fixed Assets

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Office equipment - 25% reducing balance

2. Incoming Resources from Generated Funds

Voluntary Income Donations Grants received		Unrestricted Restricted 2023 Total 2022 Total 8893 0 8893 18360 3000 19700 22700 26740
		11893 19700 31593 45100
3. Incoming Resources Charitable Activities Unrestricted Restricted 2023 Total 2022 Total Fundraising 0 0 0 0
		0 0 0 0
4. Resources Expended Costs directly allocated to activities Direct costs allocated to project Administrative Costs Professional Fees Building, General Costs	Basis of Allocation Direct Direct Direct Direct	Voluntary Income Activities for generating Funds Advice and Information Chatitable Activities 0 2340 0 73151 0 0 0 2842 0 0 0 0 0 0 0 0	Governance 2023 Total 2022 Total 0 75491 52190 0 2842 3061 790 790 755 0 0 0
		0 2340 0 75993	790 79123 56006

HEADWAY TYNESIDE

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST AUGUST 2023

5. Net Incoming Resources for the Period

This is stated after charging;-

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|||| |---|---|---| |2023|2022| |Depreciation|0|0| |Accountants Fee|790|755|

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6. Trustee Remuneration & Related Party Transactions

No members of the M/ment Committee received any remuneration during the year ended 31st August 2023.

No Trustee or other person related to the charity had any personal interests in any contract or transaction entered into by the charity during the year.

7. Taxation

As a charity Headway Tyneside is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to it's charitable objects. No tax charges have arisen in the Charity.

8.Tangible Fixed Assets

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|||| |---|---|---| |Office| |equip.|Total| |Cost or Valuation| |At 1st September 2022|0|0| |Additions|0|0| |Revaluations|0|0| |Disposals|0|0| |At 31st August 2023|0|0| |Depreciation| |At 1st September 2022|0|0| |Charge for year|0|0| |Disposals|0|0| |At 31st August 2023|0|0| |Net Book Values| |At 31st August 2023|0|0| |At 1st September 2022|0|0|

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HEADWAY TYNESIDE

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST AUGUST 2023

9. Creditors: Amounts Falling Due within One Year

Amounts falling due within one year: Deferred income Accruals PAYE and pension costs	2023 2022 0 2358 2262 1026 764 103 3026 3487

10. Analysis of Net Assets Between Funds

Current Assets
Current Liabilities
Net Assets at 31st August 2023
11. Movement in Funds
Restricted Funds
Total Restricted Funds
Designated Funds
Total Designated Funds
Unrestricted Funds
Total Unrestricted Funds
12. Restricted Funds
CCG Service
National Lottery
Morrisons Foundation
Total Restricted Funds

General Funds
Designated
Funds
Restricted
Funds
Total
Funds
15078
0
39235
54313
-3026
0
0
-3026
12052
0
39235
51287
At 1
September
2022
Incoming
Resources
Outgoing
Resources
Prior year
adjustment
Transfers
At 31
August
2023
55256
41938
-33474
-21654
-2831
39235
55256
41938
-33474
-21654
-2831
39235
0
0
0
0
0
0
21323
11893
-45649
21654
2831
12052
21323
11893
-45649
21654
2831
12052
At 1
September
2022
Incoming
Resources
Outgoing
Resources
Prior year
adjustment
Transfers
At 31
August
2023
55256
22238
-33474
-21654
-2831
19535
0
9850
0
0
0
9850
0
9850
0
0
0
9850
55256
41938
-33474
-21654
-2831
39235

HEADWAY TYNESIDE

APPENDIX

INCOME AND EXPENDITURE ACCOUNT

YEAR ENDED 31ST AUGUST 2023

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2023 2022
£ £
INCOME AND EXPENDITURE
Incoming resources
Grants 22700 26740
Donations 8893 18360
CCG Service 22238 51715
Total Incoming Resources 53831 96815
Resources Expended
Wages and salaries 52572 30252
Pension contributions 1058 339
Staff expenses 3627 2387
Accountancy 790 755
Professional fees 288 260
Fundraising 2340 2280
Printing, stationery & I.T. 2731 3047
Activities 12836 14489
Headway LAN 1320 0
Telephone 382 327
General expenses 1068 1706
Bank Charges 111 164
79123 56006
Net Movement in Funds -25292 40809
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