Headway Salisbury And South Wiltshire Limited (A company limited by guarantee)
Report of the Trustees and Financial Statements
for the Year Ended 31 December 2021
Charity No: 1137281 Company No: 07295941
Headway Salisbury And South Wiltshire Limited (A company limited by guarantee)
Index to the Financial Statements
For the year ended 31 December 2021
| Contents | Page |
|---|---|
| Legal and Administrative Details | 1 |
| Report of the Trustees | 2 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes forming part of the Financial Statements | 7 |
Headway Salisbury And South Wiltshire Limited
Legal and Administrative Details
For the year ended 31 December 2021
TRUSTEES OF THE CHARITY
Thomas Patrick Guy Hartigan Patricia Alton Hannah Louise Carr - resigned on 1 September 2022 Renaud Laurent Clarke Neil David Elliott - resigned on 13 April 2022 Richard John Elliott Catherine Frances Flloyd Frances Ruth Paula Gillett - appointed on 21 September 2021 Nicholas Darren Jones
COMPANY NUMBER: 07295941
REGISTERED CHARITY NUMBER: 1137281
OPERATIONAL ADDRESS AND REGISTERED OFFICE
Fisherton House Fountain Way Wilton Road Salisbury SP2 7FD
INDEPENDENT EXAMINER
Emma Hayes Strawberry Haze Bookkeeping Elmcot, The Green, Laverstock, Salisbury, SP1 1QS
Page 1
Headway Salisbury And South Wiltshire Limited
Report of the Trustees
For the year ended 31 December 2021
The Trustees (who are also directors of the company for the purposes of company law) present their report together with the financial statements for the year ended 31 December 2021.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The charity is incorporated and registered with the Charity Commission. It was established on 11 June 2010 under a Memorandum of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.
The Appointment of Trustees
The Trustees are as shown on page 1.
The company may vary the number of members by way of ordinary resolution and may also determine in what rotation members are required to retire from office. Exisiting directors untake a selection process to ensure the broad mix of skills provided by the directors is maintained.
OBJECTIVES AND ACTIVITIES
The principal activity of the Trust aims to promote understanding and awareness of all aspects of brain injury; and to provide information, support and services to people with a brain injury, their family and friends.
Risk
The charity regularly reviews and assesses the risks it faces in all areas of its work and plans for the management of those risks.
Public benefit
When planning their charity's activities, the charity trustees have regarded the Charity Commission's guidance on public benefit.
Activities achieving objectives
In line with the charity's articles of association, good steps have been made to assist and relieve persons who have suffered from a brain injury and to help their families, carers and other related professionals by offering regular meetings and assistance.
ACHIEVEMENTS AND PERFORMANCE
The charity has faced challenges during the year with its delivery of services for its users due to COVID-19 restrictions. However services returned to some normality with the group meeting face to face and external providers restarting their services to enrich the group's activities.
FINANCIAL REVIEW
The charity's total incoming resources for the year amounted to £34,278 from which £36,311 was expended to leave a deficit of £2,033.
The charity remains reliant upon grants, sponsorships, donations and fundraising events. The trustees recognise the need to maintain a good level of reserves to support the continuation of services for our users. They also recognise the need to maintain close monitoring of the charity’s financial circumstances and the essential requirement to respond promptly to any significant financial changes or funding alteration which may impact upon key services. Further fundraising remains a fundamental objective throughout the next financial year to ensure the continuity of services.
Page 2
Headway Salisbury And South Wiltshire Limited
Report of the Trustees
For the year ended 31 December 2021
FINANCIAL REVIEW
The charity's total incoming resources for the year amounted to £34,278 from which £36,311 was expended to leave a deficit of £2,033.
Reserves Policy
The trustees continue to have strive to generate free reserves to support the continuation of services for our users and the employment of a service manager. At the 31 December 2021 the charity held free reserves of £11,160.
PLANS FOR FUTURE PERIODS
The charity will continue with its services and maintain its objective to develop future income streams.
RESPONSIBILITIES OF THE TRUSTEES
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year.
In preparing those financial statements;
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the Trustees are required to select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been
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followed subject to any departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
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Charity 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 Charity and to enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 31 October 2022 and signed on its behalf by:
Nicholas Darren Jones Trustee
Page 3
Independent Examiner's Report to the Trustees of
Headway Salisbury And South Wiltshire Limited
For the year ended 31 December 2021
I report on the accounts of the charity for the period ended 31 December 2021 which are set out on pages 5 to 10.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section
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145(5)(b) of the 2011 Act); and
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state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 386 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of
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section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Emma Hayes
Strawberry Haze Bookkeeping
Elmcot, The Green, Laverstock, Salisbury, SP1 1QS
Dated: 31 October 2022
Page 4
Headway Salisbury And South Wiltshire Limited
Statement of Financial Activities
For the year ended 31 December 2021
| Note INCOMING RESOURCES Voluntary income Grants 2 Donations Sponsorship Activities for generating funds Fundraising events Charitable activities Investment income Costs of generating voluntary income Cost of charitable activities 3 Governance costs Payroll fees Professional and legal fees Insurance Net movement in funds for the year Total funds at 1 January 2021 Total funds at 31 December 2021 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of generating funds: TOTAL RESOURCES EXPENDED Net Incoming/(Outgoing) Resources Transfers between funds Net Incoming/(Outgoing) Resources before other recognised gains and losses Incoming resources from generated funds: |
Unrestricted £ 300 3,340 2,500 6,140 2,658 5,795 2 14,595 602 34,609 407 200 493 36,311 (21,716) 18,137 (3,579) (3,579) 14,826 11,247 |
Restricted £ 19,683 - - 19,683 - - - 19,683 - - - - - - 19,683 (18,137) 1,546 1,546 13,440 14,986 |
Year to 31.12.21 £ 19,983 3,340 2,500 25,823 2,658 5,795 2 34,278 602 34,609 407 200 493 36,311 (2,033) - |
Year to 31.12.20 £ 27,756 2,094 - |
|---|---|---|---|---|
| 29,850 2,258 3,758 - |
||||
| 35,866 | ||||
| 552 29,984 332 496 319 |
||||
| 31,683 | ||||
| 4,183 - |
||||
| (2,033) (2,033) 28,266 26,233 |
4,183 | |||
| 4,183 24,083 |
||||
| 28,266 |
There were no recognised gains and losses other than those shown in the above Statement of Financial Activities.
Page 5
Headway Salisbury And South Wiltshire Limited (Company number: 07295941)
Balance sheet
As at 31 December 2021
| Notes Tangible fixed assets Fixtures and fittings 6 Current assets Debtors 7 Cash at bank & in hand Creditors: amounts falling due within one year 8 Net current assets Net assets The Funds of the Charity Unrestricted Funds: General Fund 9 Restricted Funds 9 Total Funds 10 |
£ £ 87 87 1,000 26,132 27,132 (986) 26,146 26,233 11,247 14,986 26,233 2021 |
£ £ 2020 |
£ £ 2020 |
|---|---|---|---|
| 1,000 26,132 |
- 29,228 |
116 | |
| 116 28,150 |
|||
| 27,132 (986) |
29,228 (1,078) |
||
| 28,266 | |||
| 14,826 13,440 |
|||
| 28,266 |
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Trustees on 31 October 2022 and signed on their behalf by:
Nicholas Darren Jones Trustee
Page 6
Headway Salisbury And South Wiltshire Limited
Notes to the Financial Statements
For the year ended 31 December 2021
1. Accounting policies
(a) The accounts have been prepared in accordance with 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 (FRS102) and in accordance with the Companies Act 2006.
Reconciliation with previous Generally Accepted Accounting Practice:
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. The policies applied under the charity's previous accounting framework are not materially different to FRS 102 and have not impacted on the charity's funds. Consequently, no restatement has been required.
(b) Incoming resources are received by way of grants, donations and gifts. The value of services provided by volunteers has not been included. All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed.
(c) Incoming resources from grants are recognised in line with predetermined schedules of expenditure.
(d) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. Donations are made only when they meet the objects of the charity. Support costs are deemed to be attributable to Charitable Expenditure only.
(e) Fund accounting
Funds held by the charity are:
Unrestricted funds - These are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Restricted funds - These are funds to be used for specific purposes at the request of the donor.
(f) Depreciation
Individual fixed assets are capitalised at cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Fixtures and Fittings 25% on reducing balance
(g) Stocks
Stock is included at the lower of cost or net realisable value.
(h) Operating leases
Rentals payable under operating leases are charged to the Statement of Financial Activities as incurred over the term of the lease.
(i) Pension costs
The charity operates a defined contribution pension scheme. Contributions payable to the scheme are charged to the Statement of Financial Activities in the period to which they relate.
(j) Cash flow
The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard 1: Cash Flow Statements.
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Headway Salisbury And South Wiltshire Limited
Notes to the Financial Statements
For the year ended 31 December 2021
2. Grants
| The Albert Hunt Trust Community Foundation Wiltshire TNL Community Fund Groundwork UK Henry Foundation The Dan Maskell Trust Arnold Clark Community Fund National Lottery Awards For All Percy Bilton Trust Peter Harrison Foundation Sylvia Waddilove Foundation UK Boost Salisbury City Council The Saddlers The Edward Gostling Foundation The Queen's Club Foundation Wiltshire Coucil - COVID-19 support grants The Walter Guinness Charitable Trust ritable activities expenditure IT and website costs Staff training Miscellaneous Print, Post & Stationery Telephone Travel Costs Subscriptions Rent, room hire and storage Wages and salaries Group activities equipment and consumables Outsourced activities Depreciation |
Unrestricted £ - - - - - - - - - - - - - 300 - - - - 300 Unrestricted £ 1,101 692 - 163 642 964 155 2,095 25,399 504 2,865 29 34,609 |
Restricted £ 1,000 - 1,000 - - 400 1,000 1,848 - - 1,000 600 - - - - 11,835 1,000 19,683 Restricted £ - - - - - - - - - - - - - |
Year to 31.12.21 £ 1,000 - 1,000 - - 400 1,000 1,848 - - 1,000 600 - 300 - - 11,835 1,000 19,983 Year to 31.12.21 £ 1,101 692 - 163 642 964 155 2,095 25,399 504 2,865 29 34,609 |
Year to 31.12.20 £ - 5,000 - 500 1,800 - - 7,946 150 750 - - 1,630 - 1,500 480 8,000 - |
|---|---|---|---|---|
| 27,756 | ||||
| Year to 31.12.20 £ 101 300 4 261 610 1,025 40 3,210 21,722 772 1,901 38 |
||||
| 29,984 |
3. Charitable activities expenditure
Page 8
Headway Salisbury And South Wiltshire Limited
Notes to the Financial Statements
For the year ended 31 December 2021
4. Net incoming resources for the period
| et incoming resources for the period | ||
|---|---|---|
| Year to | Year to | |
| 31.12.21 | 31.12.20 | |
| This is stated after charging: | £ | £ |
| Accountancy fee | 175 | 175 |
| Depreciation | 38 | 38 |
Trustees did not receive any remuneration, benefits in kind nor expenses for 2021 or 2020.
5. Taxation
The charity is exempt from tax on its charitable activities per sections 521 to 536 of ITA 2007. Because of its current activities Headway Salisbury And South Wiltshire Limited is not registered for VAT and therefore cannot recover VAT on its expenses.
6. Tangible assets
| Cost: At 1 January 2021 Additions At 31 December 2021 Depreciation: At 1 January 2021 Charge for year On disposals At 31 December 2021 Net book values: At 31 December 2021 At 31 December 2020 7. Debtors Unrestricted £ Accrued incoming resources 1,000 1,000 |
Restricted £ - - |
Fixtures & fittings £ 1,000 - 1,000 884 29 - 913 87 116 Year to 31.12.21 £ 1,000 1,000 |
Total £ 1,000 - |
|---|---|---|---|
| 1,000 | |||
| 884 29 - |
|||
| 913 | |||
| 87 | |||
| 116 | |||
| Year to 31.12.20 £ - |
|||
| - |
Page 9
Headway Salisbury And South Wiltshire Limited
Notes to the Financial Statements
For the year ended 31 December 2021
8. Creditors: amounts falling due within one year
| PAYE & NIC's Other creditors Accruals 9. Movement in Funds Unrestricted funds General Fund Total unrestricted funds Restricted funds Service manager and core cost fund Music project Headsmart Sponsorship Headsmart Group - sports Walking Tennis project Online service delivery project Young Adults Support Group project Total restricted funds |
Unrestricted £ 286 500 200 986 At 1.01.2021 £ 14,826 14,826 At 1.01.2021 £ 10,826 177 840 570 495 - 532 13,440 |
Restricted £ - - - - Incoming Resources & Transfers £ 14,595 14,595 Incoming Resources & Transfers £ 16,683 - 1,000 - 1,000 1,000 - 19,683 |
Year to 31.12.21 £ 286 500 200 986 Outgoing Expenditure & Transfers £ (18,174) (18,174) Outgoing Expenditure & Transfers £ (13,650) (177) (1,840) (570) (900) (1,000) - (18,137) |
Year to 31.12.20 £ 259 500 319 |
|---|---|---|---|---|
| 1,078 | ||||
| At 31.12.2021 £ 11,247 |
||||
| 11,247 | ||||
| At 31.12.2021 £ 13,859 - - - 595 - 532 |
||||
| 14,986 |
Grants have been received with specific purposes attached to them and they have been allocated above according to the project or activity they are intended for use.
10. Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Restricted funds Unrestricted funds Net assets at the end of the year |
Fixed assets £ - 87 87 |
Net current assets £ 14,986 11,160 26,146 |
Total £ 14,986 11,247 |
| 26,233 |
11. Related parties
During the year, no Trustees (2020: none) received any expenses (2020: none). Neither the Trustees nor persons connected with them received any remuneration from the charity for their services as Trustees.
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