Company Reglstration Number. 9413112 Charlty Reg7stratlon Number. 1160772 Headway Darlington & District Financial Ststements For the Year Ending 31 March 2024 JANE ASCROFT ACCOUNTANCY LIMITED Chartered accountants Enterprise House Hamiire Enterprise Park Bamard Casue County Durham DL12 8XP Headway Darlington & District Flnanclal Statements Year Ended 31 March 2024 Page Trustees, Annual Report (IncorFxxthTrJ the Dreclofs Rewt) IrKlependent Examlnefs Report to the Trustees Stalement of Flnancial Athities (Inclulir¥ IrKome and Expernliture Account) Statement ol Flnandal Positlon Notes to the Financial blalements The Foll¢Avlng Pages Do Not Form Part (* the Flnanclal Slatemthts Detalled Statement of Finan¢kl Actlvities 18 Headway Darlington & Dlstrlct Tiustees. Annual Report {Incorporatlng the Difectofs Report) Yèar Ended 31 March 2024 The trustees. who are also the directors for the purFoses of company law. present Iheir report and the unaudrted financial statements of the chartty for the year ended 31 March 2024. Ob ectlves and Actlvltles The obJedlve6 ofthe tharity are: (1) to relleve persons are resldent In Darllngton and Dlstrlct and surroundlng are&8, have suffered a braln injury. their families, carers and other related professlonals by the provision of such Information, serrflce and facllttleg, and 12) to advance the education of the publlc In all aspects relating to brain injury and tt8 preventlon. Achlevements and Performance Many thanks lo everyone who has ￿ntributed to the Success of Headway Darllngton durlng the last twelve months. Our Income has contlnued to grow and V￿ have been able to fund the vast majorlty of our work through charitable trust grants. We wnlinue lo rely on the support of a small group of volunteers vtho help u8 deliver a range of servlces every week to people with an acqulred braln Injury and Ihelr Careffs. We would like to thank each and every one ol them for helplng to keep everything running smoolhly. We deltvered 101 8esslons in 23-24 whlth included chatterl)ox, monthly ten-pln bowllng, dropirts, ancestry group, art8 and creat￿e crafts and a hlstory group. We arranged seven trips out to places Ilke the Bowes Museum, Forbidden Comer. Monkn Farm Park and Durham Cathedral. There were 892 attendances durlng the year from 63 different people. Headvrdy Darllngton and Di8trlct has continued to offer 8UPPOrt, guldance and adlvltle8 for people wilh an acquired braln Injury who Irve In and around the Darllngton area. Our thanks go out to the Ethrd Gostling FourKlation, the Wllliam Leech Charlty, the Natlonal Lottery Community Fund Awards for All programme, The Yapp Charltable Trust. County Durham Communty Foundatlon, The Hospltal of God Charttable Trust, the Hadrkn Trust. Perslmmon Homes. The Rothley Trust, the North East Ladies Day Charty, The Morrlson's Charltable Trust. Yorkshlre Bulldlng Soclety and the Sir James Knott Fund for thelr klnd arKI generous donation8 toward8 our VKJrk. In addrtlon, thanks to Lelgh and Kelly Yorke lor arranglng our largest fundralser of the year and to the many people who hwe glven Indfvldual ffinancial and 'ln-klncf donations to the chaflty. Heathvay Darflngton and Dl8trlct goes from strength to 8trenoh and we Nrdnt to thank all our members, volunteer8. Tru8tees and supporters for thelr help over the last 12 month8. Income for the year ending 31st March 2024 was £32,209 (2023 - £27,524). Of this, £26.300 (2023 - £24,050) compri8•J restricted grants. Expenditure for the year ending 31st March 2024 totalled £28,604 {2023- £38.240) givlng an overall surplus of £3,60512023 - deficlt of £10,716). At 31st March 21r24 the charlty held net assets of £29,653 {2023 - £26,048) of whlch £14.285 (2023 - £16,336) ￿d9 held in restricted fund5 and £15.368 (2023 - £9,712) was held in general funds. Reserves Pollcy The trustees alm to keep a ￿$h reseNe of £9,000. Al 31st March 2024 the charfty held reserrfes of £15,368. Headway Darfington & District Trustees. Arnual Report (IncorporatiThJ the Directofs Report) (eonthu8dJ Year Ended 31 March 2024 Slructur• Governance and Mana Heach•ray Darlington DistrTrca was Thicorwated as a company limited by guarantee on 29th January 2015 with company number 09413112 It %Yas registered as a (knrity on 9th March 2015 with chanty number 1160772 The charty is govemeAJ by its Memorandum arrfj ￿tic[e8 datsj 29th January 2015. eference arKI Admlnlstrallve Details Reglstered charlty nam• HeatrKdy Darliroton & Dtstrict Charlty reglstratlon number 1160TT2 Company regl8trallon number 9413112 Prlnclpal (fffice and reglstered Unit 1 F. Enterpr￿ Ho￿e offlce Valley Street Norih Darlington DL1 1GY The Trustees Gary Emepson Geoffrey Fiek Dorothy Barclay Elaine Vince Alastair Elliot Dw4id Tarttelin (Resigned 24 January 2024) (ApFx>inted 24 January 20241 Independent Examlner Jane As¢roft FCA MA (Cantab) EnterprBe House Harmire Enterwise Park Barnard Castle County Durham DL12 8XP Small Company Provisio This report has been wepared in accordan￿ the wovisions applicable to companies entitled lo the small o)mpanies exemFthn. Headway Darlington & District Trustees. Annual Report Ilncorporating the Director's Report) (continuedj Year Ended 31 March 2024 The tr trust ees, annual report was approved on by f/i/ty and signed on behalf of Ihe board of Gary Emerson Trustee Headway Darlington & District Ind4xndent Examiners Report to the Tntstees of Headway Darllngton & Dlstrlct Year Ended 31 Maich 2024 I report to the tTUStees on my examinalion of the financial statements of Head%4w Darliruton & District {'the charity.) for the year ended 31 March 2tr24. Responsibllllles and Basss of Report As the t￿teeS of the company {and also ts diredors for the purposes of company law) you are responsible for the preparats'on of the financial thtements in aCCordar￿e wtth the requirements of the Companies Ad 2006 (Ihe 2006 Ac*). Having satisffied myself that the a￿OUnts of the company are not required to be audited under Part 16 of the 2006 Act arKI are eligible for independent examinats'on. I report in respert of my examination of the cforrty's a￿Unts as ￿rrIed out uThler sedion 145 of the Charities Act 2011 (Ihe 2011 Arf). In carrying out my examination I have foifowed the DirectM)rts given by the Charity Commission under seCt￿n 145(5)(b} of the 2011 Act Independent Examlnefs Statsme I have completed my examinatiorn I confrm matels have come to my attention in connection ith the examination gmng me cause to ￿leVe. accountirYJ records not keFA in respeG* of the ctwty as required by section 386 of the 2Q06 ￿. or the financHI statements do n(rt alxord with those rec￿$. or the financial statements do not ￿mplY with the accountir¥J wuirements of se&ion 396 of the 2006 Act other than any requirement that the accounts give a Irue and fair view vthich is not a matter e￿Idered as part of an I￿ependent examination. or the finar￿la1 statements fAve not been prepared in accordance ￿1th the methods and principles of the Statement of Recommended Pradice for accourth'ng arKJ retK)rting by charities applicable to Chariti￿ Fyeparing their acLX)unts in accordance wilh the Financial ReportiNJ Stanthrd yfjcable in the UK ar#J Republic of Irelarwj (FRS 102). I have no COn￿M8 and trAve come auctss no other matiers in o)nnedion the examination to which attention should be dra￿Tr in this re￿rt in order to ena￿e a proper understanding of the a￿ounts to be reached. Jane Ascroft FCA MA (Cantab) Independent Examiner Enterprbse House Harmire Enterprise Park Barnard Castle County txjrham DL12 8XP Headway Darlington & District statement of Financial Acllvftles {Includlng Income and expenditure acc¢)unt) Year Ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted furK18 Note Income and endowme Donations and legacies Charftable actlvltles 5.578 331 26,300 31.878 331 25,164 Total Income 5.909 26.300 32,209 27.524 Expendltuia Expenditure on charttable activities Total •xpendlture 253 28.351 28,604 38.240 253 28.351 28.604 38.240 Net Incomel(expendlture) and net movement In fund8 5,656 {2,051> 3,605 110,716) Reconclllatlon of funds Total funds brought fophqrd Totsl funds carrlad forward 9.712 16,336 26,048 36.764 15,368 14,285 29,653 26.048 The Statement of finandal advttles includes all galn8 and1088e8 recognlsed In the year, All Income and expendlture derlve from ¢ontlnulng adlvltle8. The notes on pages 7 to 14 form part of these flnanclal statements. Headway Darlington & District Statement of Financial Position 31 March 2024 2024 2023 No Current Assets Cash at bank and in hand 30.526 26.864 Creditors: amounts falling due within one year Net Current Assets 12 873 816 29,653 26,048 Total Assets Less Current Liabilities 29.653 26.048 Net Assets 29.653 26,048 Funds of the Charity Restricted funds Unrestricted funds 14,285 15,368 16.336 9,712 Total charity funds 13 29.653 26,048 For the year ending 31 March 2024 the charity was entrtled to exemption from audil under section 477 of the Companies Act 2006 relating to small companies_ Directors, responsibilities- The members have not required the company to obtain an audit of its financial statèments for the year in question in accordance with section 476", The directors aCknO￿edge their responsibilrties for Com￿Y1ng wth Ihe requirements of the Act th respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance wrth the provisiorts applicable to companies subject to the small companies. regime. Thes ancial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by". Gary Emerson Trustee The notes on pages 7 to 14 form part of these financial statements. Headway Darlington & District Notes to ts Flnanclal Year Ended 31 March 2024 General Irrformalion The charity is a public benefft entty and a private conyany limited by guarantee. registered in England and Wales and a registered thatity in England and Wales. The address of the registered office is Unit 1 F. EnterprEe House. Vamey Street North. Darlington. DL1 1GY. I Slalement of Compliance These financial statements have been prepared in comFliance %Mth FRS 102, The Financial Reporting StarKlard appli￿l* in the UK arKI the Rwublic of Irelarrf. the Statement of Recommended Practice appli(2ble to charities weparing their alxounts in accordance ￿1th the Financial Reporting StarKlard awicable in the UK and Rewblic of Ireland {FRS 102) (Charth'es SORP (FRS 1(Y2)) arKI the Companies Act 20(￿. Accounling Pollcles Basls of Preparalion The financial statements have been wepared on the htStOri￿I cost basis. as modified by the revaluation of certain finanoal assets armd lsabifjties arKI inv&8tmerrt properties measured at fair value through income or expendiiure. The financial statements are prepared in stetlirrJ. whith is ts functional currency of tre entty. Going Concern There are no material uncertainties alK*ut the dwiVs abdty to conlinue. Judgements and Key Soul￿s of EsllmalSon Unwtainty The rKeparalion of the financial statements requ1￿ manwJemert to make judgemen estimates and aSsum￿"0nS that affect trE amunts reported. These estimates and judgements are ￿ntinUallY reviewEd arKI are based on experien(x arKI other factors, includiThJ expectakn'ons of future events that are beSieved to reasonable under the circumstances. The irustees consider that there are no significant edirnates or J￿1geMents affeding these financial statements. Fund Accountlng Unrestricted furth are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestrKted funds eannaTked by the trustees for parti(yJlar future project or commttmenL Restricted funds are subjected to restrithns on their eX[￿dilure dedared by the donor or through the ter[r￿ of an appeal. and fall into one of two sub-classes: restricaed income funds or endo%*Thent funds. Headway Darlington & District Notss to the Flnanclal Statemerts Year Ended 31 March 2024 Accountlng Polkles Incom• All Incomlng resources are Included In the statement of financial adivities ￿en entillement has passed to the charty. it is Fyobable that the economic beneffts associated with the transathon V•ill flow to the charity and the amount be reliably measured. The following speclfic policies are applied to parti(xJlar categories of irKome: Income from donations or gTh2nts 15 recOJni￿l ￿en there 18 evidence of entrtlemenl to the gfft, receipt 18 probable ts amount can be measured reliabty. legacy income is recognised ￿tten receipt is wobable and entillement SB establis￿. Income from donated goods ig measured at the falr value of the goods unless thls Is Impractical to measure reliabty. in whith ¢xe the value is derrrfed trom the cost to the donor or the eth'maled resale value. Donated facilities and 8erv+ce8 are recognlsed in the a¢xounts when received if the value can be relratly measured. No amourts are incl￿ed for the contribution of general volunteer& income from conlracts for the suppty of ¥eNices is reMgni8ed %*ith the delfvery of the contracted seplice. Thi5 15 classified a8 unrestricted fvnds unless there 18 a contractual requirement for rt to be spenl on a particular pjrpose and returned if unspert in which case It may b8 regarded as restricted. Expendtture Expendtture Is recogniged on an accruals basb as a Ilabllty is Incurred. Expendtture Includes any VAT wh￿h cannot be fulty recovered. and is dassified under headings of the statement of flnanclal aclfvllle8 to whlch It relates: expendtture on fai8iry funds includes the costs of all fuThJraislng actNitle8. events. n0n.char1ta￿e trndiNJ actwities. and the sale of donated goods. expenditure on charftable actIvI￿ IrKlude8 all costs Incurred by a tharlty In undertaking a¢tlvitie8 that further its charitable aim8 for Ihe benefft of its benefjciarles. Includlng those support costs cc*t8 relatiry to the governance of the charlty apportloned to charltable adivities. other expenditure indude8 all expendilure that is neither felaled to ralsing ftmdB for the charty nor of its exp￿i￿re on chwitable a¢knties. I ￿sts are alk)cat&J to expendrture categories relle(aing the use of the resource. Dlrect costs attributable lo a Sngle adivity are allocated directy to that adrvty. Shared costs are apportloned behveen the adivit*s they contritsAe to on a reasonable. justsfiable and consistent basis. Flnanclal Instrumw The charity only has financial assets aTrJ liabilities of a kind that qualify as b8BiC financial instruments. Baslc financtal instruments are initially recognised at transadlon value and sutEequently measured at their setllemerrt value. Headway Darlington & District Notes to the Flnancial Statements (conrfnuedj Year Ended 31 March 2024 Debtors Trade and olher detrtors are recognlged at the settlement amount due afler any trade discount offered. Prepayments are valued at the amount prepatd net of any Irade dlscountg due. Accrued Incxxne and tax recoverable 18 Included at the best estimate of the am<)unts recefvable at the balance sheet date. Cash at Bank and In Hand Cash at bank and cash in hand includes cash and short term hiqhly liquld Investments wlth a short maturity of three months or less from the date of acquisition or opening of the deposit or similar a¢￿)unt. Credltor• CreditorB are recogni5ed vthere the charlty has a present obligation resulting from a past event that will probably result in the transfer of funds to a thlrd paty and the amount due to settle the obligatlon can be measured or estimated reliably. Creditor8 are normally recognlsed at their 8ettlement amount after all0￿￿ng for any trade dlscounts due. Taxatlon The company Is consldered to pass the tests set out In Paragraph 1 Schedule 6 of the Flnance Act 2010 and therefore tt meets the definttlon of a charitable ￿rnPany for UK corwratlon tax purpo￿8. Accordingly. the Gompany18 Potentlally exempt from taxatlon In respect of Income or capltal galns recelved vAthln categorles covered by Chapter 3 Part 11 of the Corporatlon Tax A 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such Income or galns are applled excluslvely to charitable purposes. Llmfted by Guaranteo The company 18 Ilmlted by guarantee. Al 31st March 2024 there were 5 members each of whom had undertaken to contrlbute an amount not exceedlng £10 In the event of a wirKling up. Donatlon8 and Lwdes Unre8trfGted Fund8 Restrlcted Total Funds Fund8 2024 Donallons Donations 5.578 5.578 Headway Darlington & District Notes to the Flnanclal Statemwts (eoftthwod) Year Ended 31 March 2024 Unrestricted Restrlcted Totsl Funds Funds FurKI8 2024 Grants Tyne and Wear Communty Foundation Yapp Charitsble Trust James Knott Four¢dation Greatham Hospital William Leech County Durham Communty Fourmjation North East Layies Day Yorkshire Buikling Soci Persimmon Tees Valley Peer Supw Netwryk 5.500 zooo 5.000 1.000 2.500 4.800 2.500 1.000 1.000 1.000 5.500 2,000 5,000 1.000 2.500 4.800 2.500 1,000 1,000 1,000 5.578 26.300 31,878 Unrestricted Fund8 Restrlcted Total Funds Funds 21r23 Donallons Donation8 1.114 1.114 Grants Yapp CharltatAe Tn*t James KrM>tt Foundation Greatham Hospital Hadrian Trust William Wetster Charttabte Tn*t Rothley Trust The Edvrdrd Go8tllng Fdn Morri8ons 4.000 5,000 1,000 1.000 3.000 800 3.000 6.250 4.000 5.000 1.000 1,000 3.000 3.000 6.250 1.114 24.050 25.164 10 Headway l)arfington & District Noles to the Flnanclal Stalements Year Ended 31 March 2024 Charltable Actlv5ts8 UnrestrMX&J Tolal Funds Unrestricted Total Funds Funds 2024 Funds 2023 Actiwty income other income 12 2.348 12 2.348 27 27 331 331 2.360 Expendlture on Charftable Aclmtlos by FurKI Typ• Unrestrtt&l Funds Re*rtcted Total Funds Funds 2024 Expendlture on charltable actNitse8 (see F￿e 16 fcr rther delalls) 28.351 28.604 Unrestrrcted Fur Restrlcted Total Funds Funds 2¢r23 ExperKliiure on charitable activiti'es (See page 16 for further detslls) 13.233 25.007 38.240 Expondlturn on charltthb￿ Actmlles by Acovlty Typo A(aivities urKlertaken Total funds dlrectly 2024 Total fund 21r23 Expendfture on Gharrta￿e act￿￿e$ (see ￿e 16 for further details) 28,604 28,604 38,240 Indep•ndgnt Examlnallon F 2024 2023 Fees payable to the Independent examtner for. Independent exafflination of Ihe financTral Statements 378 10. Staff Costs The total staff costs arKI emrAoyee benefft8 lor the reporting perlod are anatysed as follow3: 2024 2023 Wages and salaries Social security costs 5.788 16 75 5.804 8.919 The average head count of employee5 durirvJ the year vras 1 {2￿3. 1). 11 Headway Darlington & District Notes to the Financlal (¢Mrfnue Year Ended 31 March 2024 10. Staff Costs l¢oAdftu¢¢ No empbyee recaved ￿nploYee beneffts of more than £60.000 during the year (2023: Nil). 11. Trustee Remunefatlon and Exw18es The trustees received M remuneration durlrvJ the current or wevious year. Three trustees claimed a totsl of £10r2.66 in expenses. 12. Credltors: amounts falung wlthln one y•ar 2024 2023 A¢¢nJal8 ar￿ defefred Income 873 816 13. Analy818 01 Charltable Funds Unrestrlcted funds At 1 Awll 2023 At 31 March 2024 Income Expendture General fijnds 9.712 5.909 (253) 15,368 At 1 Awll 2022 At 31 March 21r23 Income Exper#arture General fiJnd8 19.471 3,474 (13,233) 9,712 R•StrIct￿ funds At 1 Awll 2023 At 31 March 2024 Income ExPer￿ltUre Nati¢￿al Lrttery Tyne and Wew Communty Found. Yapp Char6table Trust James Knott FourKlation Greatham Hospltal William Webster CP*ritable Ti(*t Rothley Trust The Edward G03th'ry F¢yJndallon Morrisons Wllllam Leech 2.182 (2.182) (3.067> (2.000) (5.000) (1.000) (1.995) (150) (3.000) (3.457) (2.500) 5.500 2.000 S,OlXI 1,000 2,433 2,000 2.000 2.104 109 650 3,000 2.793 2,500 12 Headway Darlington & District Notes to the Flnancial Statements {¢ondnu¢ Year Ended 31 March 2024 13. Analysls of Charltsble Funds (c￿￿￿￿¢d) Petsimmon County Durham Community Foundation North East Ladles Day Yorkshie Building So