REGISTERED CHARITY NUMBER: 1195443 Report ofthe TnvJtses and Unaudited Flnanclal Ststsmonts forthe Year Ended 31 October 2024 for HEAD UP CHARITY RhardSOn Swift Audit Limited 11 Laura Place Bath BA2 4BL
HEAD UP CHARITY Contents of the Flnan¢lal Statements for the year ended 31 October 2024 Page Report ofthe Truste8s Independent ExamIneS Roport Statsment of Flnan¢lal Actlvities Balance Sheet Notes to the Flnanclal Ststements 7 to 11 Dotallod Statemgnt of Flnanclal Actlvltlos 12
HEAD UP CHARITY Report of the Trustees for the year ended 31 October 2024 The trustses prgsenl their report with the finanGial stslements of the charity for the year ended 31 October 2024. The trustees have adoptsd the provisions of Accounting and Reporting by Charities-. Stslemenl of Recommended Practice applicable lo eharilies preparing their accounts in accordanee with the Financial R¢pJrting Standard applicable in the UK and Republic of Ifeland IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and alms The advancement of health and promotion of the efficiency of the armed forces of the Crown, by enabling serving personnel and veterans that are showing signs of p(Y)r mental heaf(h.' - To access mental health facilities and non-clinical therapy. - To increase the individual's awareness and understanding of ntaI health, along with positive methods and technK4ues they can use daity lo improve mental health and On their behaw to identify and analyse overarching mental health issues wlhin the Armed Forces sector that are not being adequately addressed and implement slrategiG iniiialives lo raise such issuos to a higher level of awareness. policy attention, and system change. Slgnlflcant activitles As we look lo develop a residual residence for our benefieiaries. we have spent the past year.. One-on-one help- We have been conduding help wlh individuals both virtually and in person. Wellness Presentations - We have been giving wellness presentations lo mulltple Amed Forces Units and organisalions with veterans in, across the UK. - Wellness Workshops - W8 have delivered mU1p18 worksh)ps to Armed F¢Jrtes Units, where individuals practice the positive mindsot methods we leaeh. - Wellness Days- We have held rnuf(iple wellnw3s days, whero hundreds of Individuals have attended. Wellness Fairs - We have attended multiple wellness fairs throughout the UK lo edute indivkduals on our mental wellbeing methods and letting them know about our services. Head Up joumal We have developed our own guided wellness joumal where individuals practice the teachings we deliver. This has been very successful with lols of positive feedback. The Head Up Retreat - We were very close to purchasing 8 13th Century Abw. to lum into our Head Up retreat. Sadty, after 7 rnonlhs of negotiations and planning we had lo lum this down due to the high risk of having to spend mre money on the upkeep of the building over our beneficiaries. We continue to ky)k for the right location. Brand Awareness - We have been continuing the work on publishing our cause through media, events, and social interactions. - Charity Signposting & Nthothng - We have continued lo nerk with other charit*s and organisali)ns that n further help our beneficiarEs. We have also been signposting hundreds of individuals in the rEhl direction and foll¢Jwing lo ensure they have been 8u¢cessful in getting the help they need. Fundraising- We have been continuing the wot1( lo gather multiple fundraisers lo help our Causfj. Grants and Government Funding - We are currently working W11h a eonsullancy company to help us grow, develop. and seek funding Iiom grants and govemmenl funding. - Mini-Relreals- We are about to start running 34ay retreats in multiple locations auoss the UK. Public benefit The public has benefited from talking with us, Sh8ng their struggles and problems whilst leaming different methods on how they can improve their daily lives. We have also signposted individuals to appropriate charthes and organisalions Ihoy Can receive further help. VoluntserJ We have one full-lime volunteer. Caron ClarithJe- Brand Partnership FINANCIAL RPIIEW Flnancial position The financial position of the charity 1$ heakhy. as shown on the baknce $heet. Page 1
HEAD UP CHARITY Report of the Trustees for the year gnded 31 October 2024 FINANCIAL REVIEW Reserves policy We have kept aside £100,000 in our general SeNe$ for the purpose of developing 8 retreat. £53.000 ol this reserve is in way of a grant and donation which can only be used on the development of the retreat. Our main aim is lo devebp a retreat for our beneficiaries. In these earfy stages il is imperative we keep money aside lo meet our goals and aims. This will be rewewed every 6 months. We will also reserve a maximum of £500 every month adminislralion costs. This will rewewed every 3 rnonlhs. FUTURE PLANS We aim lo develop a residual retreat for our beneficiaries. Our goal over the next 12 months is lo double the amount of Wellness Presentations and Wellness Days. As well as ¢arrying out a minimum of 5 mini retreats a year. More individuals are seeking support from us and due lo thE8 increase in work, we will look to gr¢)w our team in the near future. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng docurnent The charity is controld by ts goveming d¢xumenl, a deed of INst and constitut8$ an unincorporated eh8rity. Hoad Up Charity CIO was registered as a charitable incotporaled organisation on 9th August 2021, number 1195443. Its governing document is ils consb'lulion which was the basis of its registration and incorporatw)n. Recruitment and appointmont of new trustses - Apart from the first Charity Trustees, every Twslee must be appointed by a resolutKJn passed at a pwerfy convened meeting of the Charity Trustees. In selecting indNiduals for appointm$nt as Charity Trustees, the Charity Trustees must h8ve regard lo the skills. knoedge and experience needed for the effective admini8lralion of th¢ CIO. Rlsk managernent The Iruslees review al Board meetings the major risks to which the chaity is exposed. Pro¢eduies are in place lo miligale Ihoso risks. REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charity number 1195443 Prfnclpal address Flat 101 12 Skerne Road Kingston Upon Thames Surrey KT2 SAD Trustees P W Minter S Moloney G A Dagnall A G Carrier J Davis Indgpendent Examlner Thomas Allen Richardson Swift Audit Limited 11 Laura P1a¢e Bath BA2 48L Page 2
HEAD UP CHARITY Report of the Trustees for the year endgd 31 October 2024 Approved by order of the board of trustees 01910812025 and signed on its behaw by.. P W Mintsr- Trustee P8ge 3
Independent Examinerfs Report to tho Truste6s of Head Up Charity Independgnt oxaminorf$ report to the trustse$ of Head Up Charlty I report to the Charity trustees on my examination of the accounts of Head Up Charity {the Trust) fof the year ended 31 October 2024. Responsibilities and basis of report As the charity Iruslees of the Trust you are responsible for the yeparalM)n of the accounts in accordance wf(h the requlrements of the Charrties Act 2011 Ilhe Act'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 ¢f the Act and in cgrrying out my examination I have folbwed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Ind8pandant examlnorfs statement I have clpleted my examination. I confirm that no material matters have come lo my attention in connection th the examination giving me cause lo believe that in any matsrial resped.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act,. or the accounts do not accord wtth those records., or the accounts do not compty with the applicable requirements concerning the form and conlenl of accounts set out in the Chaiilies IActt)un15 and Report51 Regulations 2008 other than any requirement that the aeeounts give 8 true and fair wew which is not a matter eonsidered as part of an independent examination. I have no CcernS and have come across no other matters in connection with the examination to which attentson should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Thornas Allen The Assoaalion of Chartgred Certified kcounlants Richardson Swnl Audit Limited 11 Laura Place 8alh 8A2 48L Date.. Page 4
HEAD UP CHARITY Statement of Nnancial Activltles for th8 year ended 31 Octobar 2024 2024 Total funds 2023 Total funds Unrestricted fufb Restricted funds NeS INCOME AND ENDOWMENTS FROM Donations and legacies 204,863 204.863 117.141 Inveslment income 3,602 3,602 389 Total 208,465 208,465 117,530 EXPENDITURE ON Raising funds 47,994 47,994 21.399 Charltable actlvltles other 64,386 64,386 44,880 Total 112.380 112.380 66,279 NET INCOME 96,085 96,085 51,251 RECONCILIATION OF FUNDS Total funds brought fotward 173,842 53.000 226.842 175,591 TOTAL FUNDS CARRIED FORWARD 269,927 S3,000 322,927 226.842 The notes fomi part ofthese financh?I statements Page 5
HEAD UP CHARIT Balance Sheet 31 October 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets 1,142 1,142 CURRENT ASSETS Deblofs Cash at bank 204 274,002 204 327.002 464 232,008 53,000 274,206 53,000 327.2L 232,472 CREDITORS Amounts falling due wf(hin one year 15,4211 (5,4211 15.6301 NET CURRENT ASSETS 268.785 53,000 321,785 226,842 TOTAL ASSETS LESS CURRENT UABILITIES 269,927 53,000 322,927 226,842 NET ASSETS 269,927 S3,000 322.927 226.842 FUNDS Unrestricted funds Restricted funds 269,927 53,CQO 173.842 53.000 TOTAL FUNDS 322.927 226,842 The financial statements were approved by the Board of Trustees and authorised for i8sue on 291oe12025................................. and were signed on ts behalf by.. PAiifl+sr P W Minter- Trustee The n¢)tss fom part of these financial stalenEnls Page 6
HEAD UP CHARITY Notes to the Flnanclal Statfrments for thg year ended 31 October 2024 ACCOUNTING POLICIES Basis of pparIng the financial statements The financial slalemenls of the charity. which B a public benefit entty under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Ac¢ounling and Reporting by Chariti'es.. Statement of Recommended Practice applicabb lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republie of IreL8nd' and the Charit$ Act 2011. The financial $latemenls have been prepared under the hislorul cost ¢cVentIon. Income All income is recognised in the Statement of FinancSal ActNilies once the charty has entIernent to the fvnds, it is probable that the income will be received and the arnount can be measured reliably. Expenditure Liabilities are recognised as expendf(ure as soon as there is a legal or constructive obligation committing the charity lo that expenditure. it is probable that a transfer of economic benefls will be required in settlernent and the amount of the obligation can be measured reliabty. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be diredty attributed lo partieular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets DepreciatB)n is provlded al the folbving annual rates in order lo write off each asset over ils eslimaled useful life. Computer equipment Straight line over 3 years Taxatlon The chaiity is exempt from tsx efi its charitable activilios. Fund accountlng Unre$lricled funds can be used in accordance with the charitable objectives at the di8cretion of the trustees. Reslrited funds can onty be used for particular reslrthd purwses within the objects of the charity. Reslrdions arise wh8n specifEd by the donor or when funds are ratsed for particular reslrithd purposes. Further explanation of the nature and purpose of each fund is Includ in the notes to the fancial ststements. INVESTMENT INCOME 2024 2023 Intsresl receivablo 3.602 389 Page 7 continued..
HEAD UP CHARITY Notes to the Financial Statements . continued for the year anded 31 October 2024 RAISING FUNDS Raising donalions and lggaclos 2024 2023 Fundraising expenses Merchandise Advertising and PR Fundraising events Supwort costs 16,296 8,301 9,728 S,336 8,333 4,1 5,853 3,009 2,806 5,735 47,994 21,399 TRUSTEES. REMUNERATION AND BENEFITS There were project management fees p8id to Trustee Paul Minter in the year totalling £42,000 12023.. £34.1251 Trustees, expenses There were no èxpenses incurred by Irustses during the period. (2023.. £Nill COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrictsd fund Restricted funds Totsl funds INCOME AND ENDOWMENTS FROM Donations and legacies 61,141 56.000 117,141 Investment income 389 389 Total 61.530 56, 117,530 EXPENDITURE ON Raising fvnds 18,399 3.LlJO 21,399 Charitablo actlvitles Other 44,880 44.880 Total 63.279 3.000 66,279 NET INCOMEIIEXPENDITUREI 11,7491 53,1)JO 51,251 RECONCILIATION OF FUNDS Totsl funds brought forward 175,591 175,591 TOTAL FUNDS CARRIED FORWARD 173,842 53.000 226,842 Page 8 continued...
HEAD UP CHARITY Notes to the Financial Statements- contlnued for the year ended 31 October 2024 TANGIBLE FIXED ASSETS Computer equipment COST Addftions 1,517 DEPRECIATION Charge for year 375 NEf BOOK VALUE At 31 October 2024 1.142 At 31 October 2023 DEBTORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepaymonls and accrued income 204 204 260 204 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other credf(ors 5,421 5,630 MOVEMENT IN FUNDS N•t movement in fvnds At 1.11.23 31.10.24 Unrestrlcted funds General fund 173,842 96.085 269,927 Rostricted funds Retreat 53,000 53,000 TOTAL FUNDS 226.842 96.085 322,927 Nel movement in funds, included in the above are as follow5.. Incoming resources Resources pended Movement in funds Unrestrlctgd funds General fund 208,465 1112.3801 96,085 TOTAL FUNDS 208,465 1112.3801 96.085 Pago 9 continue(l...
HEAD UP CHARITY Notss to the Nnanclal Ststoments - contlnued for the year ended 31 October 2024 MOVEMENT IN FUNDS- continu•d Comparatives tor movement In funds Net movement in funds Al 1.11.22 Al 31.10.23 Unrestrlctsd funds General fund 175,591 {1,7491 173.842 R•stricled funds Retreat 53,000 53.000 TOTAL FUNDS 175,591 51,251 226,842 Comparative nel movement in funds, included in the above are as follows.. Incoming resources Resources gxpended Movement in funds Unrestrlcted funds General fund 61,530 163,279} 11,7491 Rastrlcted funds Tshirts Retreat 3,000 53.000 13,0001 53.oc 56.000 13.0001 53,000 TOTAL FUNDS 117,530 166,279) 51,251 A current year 12 months and prior year 12 months combined p)sitTon is as follows.. Nel movement in fijnds At 1.11.22 At 31.10.24 Unrestrictsd funds General fund 175,591 269,927 Restrlcted funds Retreat 53,000 53,000 TOTAL FUNDS 175.591 147,336 322,927 Page 10 onlinued...
HEAD UP CHARITY Notes to the Flnanclal Statements - contlnuod for the year ended 31 Octobgr 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months eomblned net movement In funds. Induded In the above are as follows.. Incoming sources Resources expended Movement in funds Unrgstrfctgd funds General fund 269,995 {175,659} 94,336 Restrictod funds Tshirts Retreat 3,000 53,000 {3,0001 53,000 56,000 13,0001 53,000 TOTAL FUNDS 325,995 1178,6591 147,336 10. RELATED PARTY DISCLOSURES There were no related paty Iransadions for the year ended 31 October 2024 other than those detailed in note 4 of these accounts. 11. OPERATING LEASE COMMITMENTS As at the balance sheet date the charty had OFerating lease COMMentS lotslling £8.605. P8ge11
HEAD UP CHARITY D8tailed Statement of Financial Activities for the year ended 31 October 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 204.863 117,141 Investment income Interest receivable 3,602 389 Totsl Incomlng resources 208.465 117.530 EXPENDITURE Raising donations and legacies Fundraising expenses Merchandise Advertising and PR Fundraising events 16,296 8,301 9,728 5,336 4,196 5,853 3,009 2,606 39,661 15,664 Charitable actlvltles Project management costs Matsrial for beneficiaries Motor expenses 42,000 14,141 7,760 37,625 7,255 63,901 44,880 Support costs Management Insurance Legal and professi¢nal Computer costs Depreciation of computer equipment 262 8,016 110 375 336 5,210 8,763 5.546 Finance Bank Charges 55 189 Total resources expended 112,380 66,279 Net Income .085 51.251 This page does not form part of the statutory financA81 statements Page 12