2021-12-31-accounts - Headspace

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Headspace

Annual Report of the Trustees for the period ended 31 December 2021

Registration and Trustees

Headspace is a Charitable Incorporated Organisation which is governed by a constitution adopted on 5 June 2020. Headspace was registered by the Charity Commission for England and Wales on the Register of Charities on 8 June 2020 – Charity Number: 1189822.

There are currently six trustees of Headspace:

Appointment Date End date of current term

Kathryn Helen Pulham (Chair) 8 June 2020 7 June 2024
Helen Adams * 8 June 2020 7 June 2023
Scott Neil Powles 8 June 2020 7 June 2023
Kevan Taylor (Treasurer) ** 8 June 2020 7 June 2024
Jon Wareing 28 September 2021 27 September 2023
Thomas Ian Watmore 17 November 2020 16 November 2022
Helen Adams was initially appointed for a term of one year and has been appointed for a second term of office.

** Kevan Taylor was initially appointed for a term of two years and has been appointed for a second term of office.

All future appointments of trustees will be for an initial term of 2 years. Trustees are appointed with reference to their expertise in relation to the needs of the charity, most notably safeguarding, child welfare, financial management and fund raising.

Four meetings of the trustees were held during the year.

All of the trustees act as volunteers for the charity and receive no remuneration for their services

Objects

The objects of Headspace as laid down in its’ constitution are:

for the public benefit the promotion and protection of good mental health of young people in Gloucestershire and the surrounding areas, in particular but not exclusively through the provision of counselling programmes, signposting and support services
to relieve the needs of people in Gloucestershire and the surrounding areas experiencing mental illness, their families and carers in particular but not exclusively by provision of advice, information and support services.

Activities

The activities of Headspace during 2021 were focussed on providing counselling services and developing wellbeing activities for children in secondary education, strengthening safeguarding processes and raising funds.

During the year, fundraising efforts were focused on three prime elements:

Donations from a wide range of entities and individuals
Christmas Grotto Event – held on seven days in December
Grants – four grants were received from local organisations

Counselling services were provided to a number of young people who attend The Cotswold School which is located in Bourton on the Water. It is planned to extend this service to other young people in the coming years.

Wellbeing activities provided by Headspace during 2021 included the provision of an allotment and craft activities with children.

To extend the services and activities provided by Headspace a lease agreement was entered into in April 2021 for a small industrial unit in Bourton on the Water. This unit has space for counselling services, craft and art activities and will also in the future house Mind Mechanics – an activity in which children who are struggling with their emotions are engaged in the repair and recycling of bicycles.

In the performance of all its activities, the trustees have taken due regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance

The trustees are pleased that the charity has built on the foundations put in place during 2020 and the charity is now well known in its area in which it currently operates. This is recognised by the wide range of donors from which income has been received, the success of the Christmas Grotto held in Clapton on the Hill, the receipt of four grants and the goodwill Headspace has received from numerous sources.

The trustees are also pleased to report that strengthening of safeguarding processes has been a major focus during the year and high standards in safeguarding will continue to be a primary objective for Headspace

It is encouraging to report that a number of volunteers have come forward to provide their services to Headspace. The trustees offer their thanks and appreciation to each of our volunteers for all their dedicated efforts on behalf of Headspace and the community it serves.

The trustees are also pleased that our relationship with The Cotswold School has continued and together we have provided increased availability of counselling services to provide mental health support for young people.

Financial Review

For the year ended 31 December 2021, the charity’s financial results report a surplus of £36,147 which increases reserves to £170,249.

The major contributors which enabled the above surplus of £36,147 were income streams received from:

Donations totalling £36,710 (55% of all income) from over 30 donors, most notably £20,000 from the Rockliffe Charitable Trust
Christmas Grotto Event generated income of £14,689, all of which was given to Headspace without any deduction of costs
Grants of £13,000 received from 3 local authority sources and a local healthcare charity

Total income for the year to 31 December 2021 was £66,279 (2020 - £152,451 including a legacy of £120,000).

Total costs for the year amounted to £30,132 (2020 - £18,349). 59% of this expenditure was spent on providing counselling services to support the mental health of young people at a cost of £17,909 (2020 - £17,382).

The financial statements for the period to 31 December 2021 were prepared by independent accountants, Chamberlains (Accountancy and Taxation) Limited and are attached to this Annual Report.

Reserves

As at 31 December 2021, the charity held reserves of £170,249 which is the value of its’ accumulated surplus. It is the intention of the trustees to utilise the legacy over the initial years of the operations of Headspace to enable the charity to put in place a range of activities to support the mental health and wellbeing of young people whilst income streams are developed to ensure that Headspace can sustain its activities for the long term.

Risk Management

The trustees have assessed the major risks to which the charity is exposed and are satisfied that procedures are in place to mitigate exposure to major risks in relation to safeguarding, other operations, finances and reputation.

Registered Office

60 Roman Way Bourton on the Water GL54 2EW

1 October 2022

HEADSPACE

ACCOUNTS

(INCORPORATING THE REQUIREMENTS OF THE CHARITY COMMISSION)

FOR THE YEAR ENDED

31 DECEMBER 2021

CHARITY NUMBER: 1189822

This pap is intentionally left blank

HEADSPACE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

	Page
Accountant's Report	1
Balance Sheet	2
Income and Expenditure Account	3
Notes to the Financial Statements	4

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

ACCOUNTANTS' REPORT TO

HEADSPACE

We have prepared the attached Balance Sheet and accompanying Income and Expenditure Account, as accountants, using the information contained within our client's business records for the year ended 31 December 2021.

Chamberlains (Accountancy and Taxation) Limited Ground Floor, 5 The Pavilions Cranmore Drive Shirley Solihull B90 4SB

7 October 2022

CLIENT APPROVAL CERTIFICATE

I have approved these financial statements and authorise them for production to HM Revenue and Customs and the Charity Commission.

Mrs K Pulham

7 October 2022

Page 1

HEADSPACE

BALANCE SHEET AS AT 31 DECEMBER 2021

FIXED ASSETS Equipment CURRENT ASSETS Debtors and Prepayments Bank Current Account Bank Deposit Accounts CURRENT LIABILITIES Creditors and Accruals PAYE and Social Security Costs NET ASSETS FINANCED BY UNRESTRICTED FUNDS Balance Brought Forward Net Surplus/(Deficit) for Year Accumulated Surplus	2021 £ 399 10,000 57,423 105,000 172,423 1,282 1,291 2,573 170,249 134,102 36,147 170,249	2020 £ - 382 133,720 - 134,102 - - - 134,102 - 134,102 134,102

Page 2

HEADSPACE

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021

Income Donations Grants Events Sales of Produce Other Income Bank Interest Expenditure Counselling Services Materials and Consumables Unit Running Costs Computer Consumables Charity Insurance Training Fees Advertising and Promotion Sundry Expenses Accountancy Charges Legal and Professional Fees Bank Charges Depreciation Net Surplus/(Deficit)	2021 £ £ 36,710 13,000 15,463 986 66,159 120 66,279 17,909 1,519 5,355 378 512 1,869 1,505 234 150 240 261 200 30,132 36,147	2020 £ £ 150,920 - - 1,531 152,451 - 152,451 17,382 - - 43 164 - 671 62 - - 27 - 18,349 134,102

Page 3

HEADSPACE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECMEBER 2021

1 BASIS OF PREPERATION

These ‘Receipts and Payments’ accounts are presented under section 133 of the Charities Act 2011, which states that charities registered in England and Wales that are not companies are allowed to complete Receipts and Payments accounts if their turnover does not exceed £250,000. Also, In accordance with section 25 of the Charity’s constitution, the trustees have kept proper accounting records and the charity is entitled to file receipts and payments accounts if the Trustees choose to do so.

The Trustees confirm that none of the exceptions listed in the Charity Commission’s guidelines apply to the Charity and that receipts and payments accounts are appropriate to the Charity’s circumstances.

2 DEBTORS Amounts due from fundraising activities Prepayments 3 CREDITORS Amounts due on invoices received Accruals	2021 £ 9,502 498 10,000 1,149 133 1,282	2020 £ - 382 382 - - -

TRUSTEE'S REMUNERATION

Trustees received no remuneration or benefits in this period. Expenses were reimbursed at cost and were derived wholly from charitable activities.

5 RELATED PARTY TRANSACTIONS

Other than a minor donation made by a trustee, the charity does not have any related parties.

Page 4

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tha trusteesl members of HEADSPACE On accounts for the year ended 31 DECEMBER 2021 Charity no (if anyl 219333 Set out on pages 1T04 I report to the trustees on my examination of the accounts of the above charity 1.the Trust") for the year ended 31 December 2020. Rèsponsibilities and basis of report As the charivs trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Chanlies Acl 2011 1.the Act"). l port in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Dir8Ctions giv8n by the Charity Commission under section 1495Xb) of the Act. Independent tThe charity's gross income exceeded £250.000 and l am qualified to examlner's statement undertake the examination by being a qualified m8mber of [insert name of applicable listed bodyjl. Delete [ l if not applicable. I have completed my examination. I confinn that no material mattérs have come to my attention in connection with the examination (other than that disclosed below '} which gives me cause to believe that in. any material respect: the accounting records were nol kept in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements Conrning the fomi and content of accounts set oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts giv8 a 'lrue and fair. view which is not a matter considered as part of an independent examinalion. I have no GOnmS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. . Please elete the words in Ihe brackets if they do not apply. Signed: Date: Ii.10.zz Name: PAUL SMITH Relevant professional qualification(s) or body (if any)". FCCA IER 12018 Oct

Address: CHAMBERLAINS (ACCOUNTANCY & TAXATION) LIMITED GROUND FLOOR. 5 THE PAVILIONS. CRANMORE DRIVE SHIRLEY. SOLIHULL. B90 4SB Section B Disclosure Only complete if the examiner needs to highlight material mallers of concern (see CC32, Independent examination of chanty accounts.. directions and guidance for examiners). Give here brief delails of any items that the examiner wishes to disclose. IER 22018 Oct