REGISTERED CHARITY NUMBER: 1195443 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 October 2023 HEAD UP CHARITY RhardSOn Swift Audit Limited 11 Laura Place Bath BA2 4BL
HEAD UP CHARITY Contents of the Financial Statsments for the year ended 31 October 2023 Page Report ofthe Trustees 1 to 2 Independent Examiner's Report ststem&nt of Financial Activities Balance Sheet Notes to the Flnanclal Statsments 6 to 9 Detailed Statsment of Financial Activities 10
HEAD UP CHARITY Report of the Trustees for the year ended 31 October 2023 The trustees present Iheif report with the financial statements of the charity for the year ended 31 October 2023. The Iruslees have adopted the provisions of A¢counling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities prepartng their accounts in accordance with the Financial Rew)rting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191 OBJECTIVES AND ACTIVITIES Objectives and aims The advancement of health and promotion of the effiCneY of the amied forces of the Crown, by enabling seNing personnel and veterans that are showing signs of p(K)r mental health.. - - To aCsS mental health fa¢ili(ies and non-clinical therapy. To increase the individLJal's awareness and understanding of mental health, along with positive methods and techniques they can use daily lo improve mental health and On their behalf lo identify and analyse overarching mental health issues wrthin the Armed Forw sector that are not being adequately addressed and implement strategic inilialives lo raise such issues to a higher level of awareness, policy attention. and system change. Slgnificant activities As we look to develop 8 $1dlIal residence for our beneficiaries, we have spent the past year - Appointment of a new trustee- Justin Davis. One-on-one help- We have been conducting help wtth individual both virtually and in person. Wellne55 Prasenlalions We have been giving wellness presentations lo mukiple Armed FOrS units and organisations with veterans in, across the UK. - Wellness Days - We have established a rapport wth gym and clothing brand 'GymShark'. Beeen us we have b&n cotmluding wellness days throughout the year with multiple Armed Forces units and veterans. Wellness Fairs - We have attended multiple wellness fairs throughout the UK to educale individuals on our mental we11being methods and letting them know about our services. Retreat Development - We have been working tirdessly to find the right location and organisations lo help in the development of our retreat. - Brand Awareness - We have been continuing the work on publishing ¢)ur cause through media. events, and swial inleraclions. Charity Signposting & Networking - We have continued to network wrth other charities and organisalions that can further help our beneficiaries. We have also been signp)sling dozens of individuals in the right direction and following lo ensure they have been Sucsful in getting the help they need. Fundraising - We have been continuing the work to gather multiple fundraisers lo help our cause. - Mini-Relreals- We have found kn locations for us to stsrt 34ay retreats in 2024. Public benef The public has benefited from talking with us. sharing their struggles and problems. Learning drfferenl methods on how they Can improve their daily lives. We have also s'KJnposled individuals lo appropri81e chaiilies and organisalwjns they can rgceive further help. Voluntee Currently we do not have any volunteers other than the voluntary work from the Iruslees. FINANCIAL REVIEW Financial position The financial position of the charity is healthy, as shown on the balan sheet. Reserves policy. We have kept aside £100,000 in our general reserves for the PUTpose of developing a retreat. £53.000 of thi5 reserve is in way of a grant and donation which can only be used on the development of the retreat. Our rnain aim is lo develop a retreat for our beneficiaries. In these ear stages rt is imperative we keep money aside to meet our goals and aims. This will be reviewed every 6 months. We will also reserve a maximum of £500 every month for adminislralion costs. This will be reviewed every 3 months. Page 1
HEAD UP CHARITY Report of the Trustees for thg yèar endèd 31 October 2023 FUTURE PLANS We aim to develop a residual retreat for our benefiCiarS in the year of 2024. Our goal ov&r the next 12 months is lo double the amount of Wellness Presentations and Wellness Days. As well as carrying out a minimum of two mini-relreals. As more individuals are naturally come lo us for personal help and advice. this is also likely lo grow in numbers. STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng document The charity is Control by its goveming document, a d*J of trust and constitutes an unincorporate(S charity. Head Up Chlty CIO was registered as a chari(able incorporated organisation on 9th August 2021, number 1195443. Its governing document is its constitution which was the basis of its regtstrdlion and incorporation. Recruitment and appointment of new trustees - Apart from the first Charity Trustees, every Trustee must be appointed by a res0110n passed at a Properly Convened meeting ofthe Charity Trustees. In selecting individuals for appointment as Charty Trustees. the Charity Trustees musl have regard lo the skills, knowledge and experien needed for the effective adminislralion of the CIO. Risk management The Iruslees review al Board meet¢ngs the major risks to which the eharily is exposed. Procedures are in place to miligale those risks REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1195443 Principal address FI81101 12 Skeme Road Kingston Upon Thames Surrey i(r2 SAD Tru$te8s P W Minter Truste¢ S Moloney Trustee G A Dagnall Trustee A G Carrier Trust J Davis lappoinled 7.12.221 Independent Examiner Catherine Edwards Richardson Swift Audit Limited 11 Laura Place Bath BA2 4BL 2910312024 Approved by order of the board of trustees on .................................. . - and signed on ils behalf by.. P W Minter- Trustee Page 2
Independent Exarninerfs Report to the Trustees of Head Up Charity Independent examiner's report to the trustees of Head Up Charity I report to the charity Iruslees on my examination of the accounts of Head Up Charity {Ihe Trust) for the year ended 31 October 2023. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the r¥uiremenls of the Charities Act 2013 Ilhe Acl'l. I report in respect of my examination of the Trust's aecounts carried out under Section 145 01 the Act and in carrying out my examination I have folbwed all applitxble Dire¢tions given by the Charity Commission under Sedion 14515llbl of the Act. Independent examinorfs ststemant I have completed my examinatK)n. I confirm that no material matter5 have come lo my attention in connection with the examination giving me cause lo believe that in any material Spect.. accountsng records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not aOrd with Ih05e records". or the accounts do not comply w.rth the applicable requirements concerning the fomi and content of accounts sel out in the Charrties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part ol an independent examination. I have no concerns and have come across no other matters in connection wrth the examination lo which attention should be drawn in this report in order to enable a Pfoper understanding of the accounts to be reached. Catherine Edwards Richardson Sw*ft Audit Limited 11 Laura Place Bath BA2 48L Dale". Page 3
HEAD UP CHARITY Statement of Financial Activities for the year ended 31 October 2023 Period 9.8.21 lo 31.10.22 Total funds Year Ended 31.10.23 Toial funds Uniestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 61,141 56,OLK) 117.141 205.044 Inveslmenl incoma 389 389 61 Total 61,53D 56.OLKJ 117,530 205.105 EXPENDITURE ON Raising funds 18.399 3,000 21,399 29,514 Charitable activities other 44,88D 44,880 Total 63.279 3,000 66.279 29,514 NET INCOMEI{EXPENDITUREI 11,749) 53.000 51,251 175,591 RECONCILIATION OF FUNDS Total funds brought forward 175,591 175,591 TOTAL FUNDS CARRIED FORWARD 173,842 53,000 226.842 175,591 The Th)tes fo part ofthese financial statements Page 4
HEAO UP CHARITY Balance Sheet 31 October 2023 2023 Total funds 2022 Total funds Unrestricted ftjnd Restiicled funds Notes CURRENT ASSETS Debtors Cash al bank 464 179.008 464 232.008 53.000 182,567 179,472 53,000 232,472 182,567 CREDITORS Amounts falling due within one year 15,6301 15.6301 16.9761 NET CURRENT ASSETS 173,842 53,000 226,842 175,591 TOTAL ASSETS LESS CURRENT LIABILITIES 173,842 53,000 226.842 175.591 NET ASSETS 173,842 53,000 226.842 175,591 FUNDS Unrestricted fiJnds Restricted funds 173,842 53,01)0 175,591 TOTAL FUNDS 226,842 175,591 The financial 5tstemenls were approved by th9 Board of Trustees and authorised for issue on 291031202.4 . and were signed on its behalf by.. ,.f/4/ntr inter- Trustee The notes fom part of these financial statements Page 5
HEAD UP CHARITY Notes to the Financial Statements for the year ended 31 October 2023 ACCOUNTING POLICIES Basis of preparing the financlal ststements The financral statements of the charity. which is a public benefit enlily urbder FRS 102. have been prepared in accordance with the Charities SORP (FRS 1021 Accounting and Reporting by Charilies.. Slalement of Recommended Practice applicable lo charitEs preparing their accoun15 in accordance wi(h the Financi81 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effedive 1 January 20191,. Financial Reporting Standard 102 'The Financk?l Reporting Standard applic2ble in the UK and Republic of Ireland, and the Charities Act 2011. The finarKial slalements have been prepared under the historical cost convention. Income All income is recognised in the Slalemenl of Finandal Actlvities once the Charity has enlillemenl to the funds, il is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as scK)n as there is a legal or conslruclive obligation commrtting the charity to that expenditure, f( is probable that a transfer of onoMiC benefits will be required in settlement and the amrxjnl of the obligation can be measured reliab. Expenditu is accounted for on an accruals basis and has been classified undef headings that aggregate all cost lated lo the category. Where costs cannot be directly attributed lo particular headings they have been allo¢aled lo aclivrties on a basis consistent wf(h the uge of resources. Taxation The charty is exempt from lax on its charitable activilEs. Fund accounting Unreslricled funds can be used in cordanCe with the charitable obltIveS at the discretion of the trustees. Restricted funds Can only be used for particular restricted purposes wrthin the objects of the charity. Restrictions arise when spec¢fied by the donor or when funds are raised for particular restricted purposes. FurtheT explanation of the nature and purfft)se of each fijnd is inclLKled in the notes to the financial statements. INVESTMENT INCOME Peri¢JJ 9.8.21 Year Ended 31.10.23 31.10.22 Interest receivable 389 61 Page 6 continued...
HEAD UP CHARITY Notes to the Flnancial Statements - contlnued for the year ènded 31 October 2023 RAISING FUNDS Raising donatlons and legacies Perky 9.8.21 lo 31.10.22 Year Ended 31.10.23 Fundraising expenses Merchandise Advertising and PR Fundraising events Support costs 4.196 5,853 3,009 2,606 5,735 8,695 5,943 10,367 2.310 2,199 21,399 29,514 TRUSTEES. REMUNERATION AND BENEFITS There were project management lees paKI lo Trustee Paul Minter in the year lotallirrfJ £34,125 12022- £Nill Trustees. exp8nses The were no expenses incurred by trustees during the period.12022.. £5,236) COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total lunds INCOME AND ENDOWMENTS FROM Donations and legacies 205,044 205.044 Investment income 61 Total 205,105 205,105 EXPENDITURE ON Raising funds 29,514 29.514 NET INCOME 175.591 175,591 TOTAL FUNDS CARRIED FORWARD 175,591 175,591 Pa7 continued...
HEAD UP CHARITY Notes to the Flnan¢ial Ststements - continued for the year ended 31 October 2023 DEBTORS: AmOUs FALLING DUE WITHIN ONE YEAR 2023 2022 Other debtors Prepayments and accrued income 204 260 464 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other ¢dItOrS 5.630 6,976 MOVEMENT IN FUNDS Net movement in fiJnds At 1.11.22 Al 31.10.23 Unrestricted fvnds General fund 175.591 11.7491 173,842 Restricted funds Retreat 53.000 53.000 TOTAL FUNDS 175.591 51.251 226,842 Net movement in funds, included in ihe above are as follows.. Incoming reSoUS Resources expended Movement in funds Unrestricted funds General fund 61,530 163.2791 11,7491 Restrfcted funds Tshirts Retreat 3,000 53,000 13.0001 53.000 56,000 13,0001 53,000 TOTAL FUNDS 117,530 166,2791 51,251 Comparatives for movement in funds Nel movement in funds Al 31.10.22 Unrestricted fund$ General fund 175,591 175,591 TOTAL FUNDS 175,591 175,591 Page 8 continued...
HEAD UP CHARITY Notas to the Financial Statements- continued for the year ended 31 October 2023 MOVEMENT IN FUNDS- contlnued Comparative nel movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 205,105 129,5141 175.591 TOTAL FUNDS 205,105 129,514) 175,591 RELATED PARTY DISCLOSURES Donations receNed from Trustees amounted lo £Nil forthe period.12022 £15.2101 There were project marwemenl fees paid to Trustee Paul Minter in the year lolalling £37,625 12022: £Nill Page 9
HEAD UP CHARITY Detailed Statement of Financial Activities for th& year end8d 31 October 2023 Per 9.8.21 lo 31.10.22 Year Ended 31.10.23 INCOME AND ENDOWMENTS Donatlons and legacles Donations Grants 117.141 155,D44 50.000 117,141 205,044 Investment income Interest receivable 389 61 Total incoming resources 117,530 205.105 EXPENDITURE Raising donations and legacies Fundraising expenses Merchandise Advertising arKI PR Fundraising events 4,196 5,853 3.009 2.6C6 8,695 5,943 10.367 2.310 15,864 27,315 Charltablg activities Project management costs Material for beneficiaries 37.625 7.255 44.880 Support costs Management Insurance Postsge and stslionery Legal and professional 336 236 1,790 5.210 2,026 Finance Bank charges 189 173 Total resou$ eypended 66.279 29.514 Net income 51,251 175,591 This page does not fomi part of the slalulory financial statements Page 10