Headspace
Annual Report of the Trustees for the period ended 31 December 2022
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
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Kathryn Helen Pulham (Chair) 8 June 2020 7 June 2024
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Helen Adams * 8 June 2020 7 June 2025
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Kevan Taylor (Treasurer) ** 8 June 2020 7 June 2024
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Patrick Flaherty 25 January 2023 24 January 2025
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Jon Wareing ** 28 September 2021 27 September 2025
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Thomas Ian Watmore ** 17 November 2020 16 November 2024
Scott Powles resigned as a trustee on 17 January 2023 after serving for more than two and a half years as a trustee.
- Helen Adams was initially appointed for a term of one year and has been appointed for a third term of office
** Jon Wareing, Kevan Taylor and Thomas Ian Watmore were initially appointed for terms of two years and have all 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:
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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
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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 2022 were focussed on providing counselling services and developing wellbeing activities for young people in secondary education, reviewing safeguarding processes and raising funds.
During the year, fundraising efforts were focused on three prime elements:
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Donations from a wide range of entities and individuals
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Christmas Childrens Grotto Event – held over six days in December
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Grants – four grants were received from local organisations
Counselling services and wellbeing activities 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 in the coming years to other young people including those attending other schools.
Wellbeing activities provided by Headspace during 2022 included the provision of an allotment and a range of other activities with young people including crafts, mind mechanics, arts and baking. During the year it was recognised that the impact of the services offered by Headspace would be improved by the recruitment of a Wellbeing Lead and an appointment was made on 16[th] January 2023.
A number of activities continue to take place at a small industrial unit in Bourton on the Water which Headspace occupies under a lease agreement with a supportive local business. This unit has space for counselling services and a range of wellbeing activities.
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 the area in which it currently operates. This is recognised by the wide range of donors from which income has been received, the continued success of the Christmas Grotto held in Clapton on the Hill, the receipt of four grants and the practical help Headspace receives from a number of local supporters and volunteers.
The trustees are also pleased to report that the safeguarding processes in place remain fit for purpose.
It is essential to note that Headspace could not fulfil its remit without the involvement of a number of volunteers who generously provide their skills and time. The trustees offer their thanks and appreciation to each of our volunteers for all their dedicated efforts on behalf of Headspace and the communities 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 2022, the charity’s financial results report a surplus of £15,491 which increases reserves to £185,740.
The major contributors which enabled the above surplus of £15,491 were income streams received from:
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Donations of £19,794 (44% of total income) from over 30 donors, most notably £6,379 from the NFU
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The Christmas Grotto Event which generated income of £15,088 (33% of total income), all of which was given to Headspace with minimal deduction of costs
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Grants of £6,250 (14% of total income) received from a local authority and three local community funding providers
Total income for the year to 31 December 2022 was £45,087 (2021 - £66,279).
Total costs for the year amounted to £29,956 (2021 - £30,132). 57% (2021 – 59%) of this expenditure was spent on providing counselling services to support the mental health of young people at a cost of £16,761 (2021 - £17,909).
The financial statements for the period to 31 December 2022 were prepared by independent accountants, Chamberlains (Accountancy and Taxation) Limited and are attached to this Annual Report.
Reserves
As at 31 December 2022, the charity held reserves of £185,740 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
Unit 6, Old Station Yard, Bourton Industrial Estate Bourton on the Water GL54 2HQ
26 October 2022
HEADSPACE
ACCOUNTS
(INCORPORATING THE REQUIREMENTS OF THE CHARITY COMMISSION)
FOR THE YEAR ENDED
31 DECEMBER 2022
CHARITY NUMBER: 1189822
This pap is intentionally left blank
HEADSPACE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| 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 2022
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 2022.
Chamberlains (Accountancy and Taxation) Limited Ground Floor, 5 The Pavilions Cranmore Drive Shirley Solihull B90 4SB
16 October 2023
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
16 October 2023
Page 1
HEADSPACE
BALANCE SHEET AS AT 31 DECEMBER 2022
| 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 |
2022 £ 199 12,299 69,487 105,270 187,056 585 930 1,515 185,740 170,249 15,491 185,740 |
2021 £ 399 10,000 57,423 105,000 172,423 1,282 1,291 2,573 170,249 134,102 36,147 170,249 |
|---|---|---|
Page 2
HEADSPACE
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022
| 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) |
2022 £ £ 19,794 6,250 18,241 111 44,396 691 45,087 16,761 1,940 7,689 1,243 530 254 - 450 150 - 379 200 29,596 15,491 |
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 |
|---|---|---|
Page 3
HEADSPACE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECMEBER 2022
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 |
2022 £ 10,969 1,330 12,299 285 300 585 |
2021 £ 9,502 498 10,000 1,149 133 1,282 |
|---|---|---|
4 TRUSTEE'S REMUNERATION
Trustees received no expenses, remuneration or benefits in this period
5 RELATED PARTY TRANSACTIONS
The Charity does not have any related parties.
Page 4
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tho trustaosl members of HEADSPACE On accounts for the year ended 31 DECEMBER 2022 Charity no (if any) 1189822 Set out on pages 1T04 I report to the trustees on my examination of Ihe a¢counts of the above Charity ('the TnJst-) for the year ended 31 December 2022. Responslbllitia$ and basis of report As the charivs trustèes. you are SponSible for the pparatIon of the accounts in accordance with the requirements of the Charities Act 2011 {'the A¢r). I report 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 Directions given by the Charity Commission under section 1445Xb) of the Act. Indopondent I have completed my examination. I confirm that no material matters have examlner's statement corne to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any rnalerial respect: the accounting records w8re not kept in accordance with section 130 of the Charities Act., or the accounts did not a¢¢xrd with the accounting records. or the accounts did not comply with the applicable requirements onming the form and content of accounts sel out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. I have no con¢8ms and have come a¢ross no other matters in connection with the 8xamination to which attents'on should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not apply. Slgned: Data: .IP.l3 Namo: PAUL SMITH Relevant professional qualificalion{sl or body (if any): FCCA CHAMBERLAINS {ACCOUNTANCY & TAXATION) LIMITED Address: IER Oct 2018
GROUND FLOOR, 5 THE PAVILIONS, CRANMORE DRIVE SHIRLEY, SOLIHULL. B90 4SB Section B Disclosure Only Complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. dirèdions and guidance for examiners). Glve hore brlef detalls of any Items that the oxamlner wlshes to disclose. IER Oct 2018