REGISTERED COMPANY NUMBER: 02370494 (England and Wales
REGISTERED CHARITY NUMBER: 801391
Heads Up Somerset Ltd.
(A Company Limited by Guarantee)
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells

Heads Up Somerset Ltd.
Contents of the Financial Statements
for the year ended 31 March 2025
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Page
1 to 6
7
8
9 to 10
11 to 17

Heads Up Somerset Ltd. (Registered number: 02370494)
Report of the Trustees
for the year ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
GOVERNING DOCUMENT
The Charity is a Company Limited by Guarantee, initially incorporated under the name of The Industrial Therapy Centre
(North Somerset) Limited on 15 March 1989. The Charity was registered with the Charity Commission on 18 April 1989,
Registered Charity Number 801391. The change of name to Heads Up Somerset Limited was registered at Companies
House on 8 February 2016.
The directors of the charitable company ("the charity") are its trustees for the purpose of charity law and throughout this
report are collectively referred to as the trustees.
The Board of Trustees is responsible for determining the overall policy direction of the charity, for fixing and reviewing its
annual budget and for approving annual accounts. The Service Director, Bridget Harvey, is responsible for day-to-day
management in accordance with determined policies.
The Trustees are pleased to present their report together with the financial statements of the charity for the year ended
31 March 2025. The financial statements comply with the current statutory requirements, the Memorandum and Articles
of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities.
Page 1

Heads Up Somerset Ltd. (Registered number: 02370494)
Report of the Trustees
for the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
THE MISSION STATEMENT
"Our mission is to improve the mental health and wellbeing of adults in the local area by helping them to prevent, cope
with or recover from issues that may affect them. We provide a range of services, facilities and opportunities delivered by
professionals and peers. Through helping people to help themselves and others, we will work together to ensure that
people with a mental health issue are accepting and accepted, so that maintaining positive mental health and wellbeing
becomes a way of life."
Heads Up was originally set up to provide Day Services to individuals suffering with Mental Health problems, including
Dementia. It has established a high quality and widely respected centre for activity based learning and development for
individuals with mental health needs, including adults with dementia, learning disabilities and physical disability. It has
successfully diversified into providing services at other locations in recent years.
Heads Up believes strongly in:
* The right of clients to be treated with respect and dignity
* The right of clients to expect effective support
* The importance of a safe environment where clients and carers can share personal experiences with honesty and
* The right of clients to be given opportunities to explore and participate in therapy in a safe and supportive environment
* The promotion of positive view on mental health
Heads Up sees itself as:
* Caring and respecting people's individuality
* Promoting people's rights
* Enabling and empowering people to take action to enhance their wellbeing
* Maintaining people's confidentiality (subject to safeguarding issues)
* Valuing the client and their contribution to the service
* Non-condemnatory, judging situations, not people
* Independent, but complementary to statutory services
* Seeking and gaining the respect of professional colleagues
* Working consultatively and collaboratively
* Open and communicative
* Knowledgeable, with practical and creative approaches to problem solving
* Recognised as a beacon of excellence in community based mental health and wellbeing practice.
Page 2

Heads Up Somerset Ltd. (Registered number: 02370494)
Report of the Trustees
for the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
ACHIEVEMENTS AND PERFORMANCE
Heads Up has supported an average of 72 clients per week during 2024-2025 providing therapeutic workshops for
people who are experiencing both mental ill-health and dementia.
Our Community Outreach Service provided 36 visits per week, averaging 89 hours of supporting people in their home
and within the local community.
Carers continue to be supported with monthly coffee mornings in both Wells and Wedmore and a specific peer support
group called Heads Up Connect, where signposting is also offered to help find additional services and facilities.
cole marine both yea
We have continued to build on our community learning initiatives to increase our reach and support the general wellbeing
of our community by providing 26 courses of our Wellbeing & Enablement Project in collaboration with Somerset Council.
For the second consecutive year Heads Up has won Gold in the Wells in Bloom competition for our 'Community Garden'.
One of the biggest highlights of 2024/2025 has been the recognition received in the Somerset Business Awards 2025,
where we were awarded 'Charity of The Year'.
We also continue to improve our facilities to help deliver our services effectively.
Heads Up provided:
* 13 x 2-hour Wellbeing workshops on site, per week, including Woodcraft, Pottery, Gardening, Creative Activities,
Cookery and a wellbeing group, for individuals with long term, mental health needs.
* 2 × 5-hour Memories workshops per week, for adults with dementia.
* Two monthly Carers support groups, providing information and signposting for carers to other services.
* One carers peer support 'Heads Up Connect' group, with monthly meetings.
* A Client Signposting Service, giving information and links to the local community.
* 36 outreach support visits per week
* Provided 126 community course sessions as part of our Wellbeing & Enablement Project, connecting 70 unique
learners to safe, supportive learning opportunities.
* 19 x 'Changes' Peer Support drop in sessions providing 24 people with mental health support.
* Heads Up had a total staff of 27 during 2024/2025 - consisting of 1 full time, 13 part-time and 13 bank staff
* 38 Volunteers donated 2,711 hours during the 2024-2025 financial year, equivalent to £31,013.84, (based on the
National Living Wage during that period of £11.44), compared to the financial equivalent in 2023-2024 of £17,680.
Page 3

Heads Up Somerset Ltd. (Registered number: 02370494)
Report of the Trustees
for the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
THE VISIONS AND AIMS
Our aims are to:
• Inform the community of the needs and provision available to support people with mental health needs (including
dementia) and help to educate and dispel stigma and discrimination.
o Extend our services to meet demand and broaden our provision to meet the further mental health & dementia needs
within the community.
o Expand on our programme of community learning courses to support the general wellbeing of the local community and
offer opportunities for creative and life skill sessions, which encourage social connections, help reduce anxiety and build
confidence and resilience.
• Increase our staffing levels and offer more employment opportunities.
o Increase our volunteering opportunities.
o By 2026 to be recognised as a beacon for provision of mental health services and wellbeing support in the community
Organisational growth is key to the sustainability and resilience of Heads Up and its goal to meet the demand for services
within the community. The charity needs to be of sufficient size to maintain a professional core function that is sufficiently
remunerated to attract and retain appropriately qualified and experienced personnel.
Our success will be measured by the lowering of the current reliance on expensive intervention and care for those it
serves, as well as an increase in not only their wellbeing, but those who care for them.
By 2026 we will:
• Implement targeted programmes of support to vulnerable young adults 16-25yrs.
• Build and maintain strong partnerships with local health and wellbeing providers; and where appropriate develop
opportunities that may arise from the signing of the Memorandum of Understanding (MoU) between Somerset Council,
Somerset NHS, and the Voluntary sector (VCFSE) which outlines a shared vision and commitment to work more closely
together to achieve better health and wellbeing for the people of Somerset).
• Continue to develop alternative income streams to strengthen our sustainability and provide further opportunities for
support and learning within the community.
• Now that the charity owns the freehold of the premises, research ways in which we can invest to make the building
more energy efficient and more serviceable to the community.
Page 4

Heads Up Somerset Ltd. (Registered number: 02370494)
Report of the Trustees
for the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
FUNDING AND STRATEGIC AIMS
* Heads Up relies on grant funding and donations to supplement fees from Direct Payments from both Somerset
Partnership and Social Services referrals; but continues to develop areas within the charity to build on its diversification of
funding streams.
* It is recognised for its financial prudence and control of core costs. Heads Up is fortunate in the continued support it has
received from local organisations and businesses.
* The charity's standing in the local community remains high and receives good publicity from local media.
RESERVES POLICY AND RISK MANAGEMENT
The Trustees reviewed and agreed a revised Reserves Policy in July 2024.
Reserves are solely based on the Unrestricted Funds that the Charity holds.
The Trustees have determined that there should be a minimum General Reserve of 25% of the annual budgeted cost to
cover running expenses and to cover the maintenance of the freehold property.
The General Reserve is equivalent to the Net Current Assets that the Charity holds at any point in time and for the
current financial year 2025/26 this is set at £102k and the equivalent for 2024/25 was £90k. The Net Current Assets the
Charity held at the year end was £222K (2024-£201K).
The Trustees considered that the Charity should maintain a minimum Cash Reserve consisting of Bank Balances and
Cash of 150% of expected monthly expenditure amounting to £51k. The Cash Reserve also forms part of the General
Reserve. The Cash Reserve at the year end was £203K (2024- £187K).
The Trustees regularly review financial risks to the Charity, there are two main risks to the charity firstly that a major
financial institution might fail, and the Charity mitigates this risk by splitting the placement of funds between Charity Bank
United Trust Bank, Aldermore and Nat West. The second significant risk is that the Charity derives a large portion of its
Revenue from contracts with Somerset County Council and the loss of these contracts would significantly affect the
Charity, The Trustees seek to mitigate this risk by diversifying income streams in both the public and private social care
sectors as well as building and maintaining relationships with public bodies.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02370494 (England and Wales)
Registered Charity number
801391
Registered office
Upper Breach
South Horrington
Wells
Somerset
BA5 3QG
Trustees
Nendy Attridge (resigned 31/5/2025
John Bouche
Vanessa Gordon
Carolle Skeates
Philip Welch
Paul Sealey (appointed 24/7/2024)
Company Secretary
Georgina Smith
Page 5

Heads Up Somerset Ltd. (Registered number: 02370494)
Report of the Trustees
for the year ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Barry Davidson FCA FCCA
Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells
Somerset
BA5 2LA
Approved by order of the board of trustees on 3 September 2025 and signed on its behalf by:
Paul Sealey - Trustee
Page 6

Independent Examiner's Report to the Trustees of
Heads Up Somerset Ltd.
Independent examiner's report to the trustees of Heads Up Somerset Ltd. ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried
out under Section 145 of the Charities Act 2011 ('the 2011 Act). In carrying out my examination I have followed the
Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm
that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in
England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
1.
2.
3.
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of an independent
examination; or
4.
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Barry Davidson FCA FCCA
Webb & Co Ltd
Accountants and Business Advisers
One New Street
Wells
Somerset
BA5 2LA
10 September 2025
Page 7

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activity
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Charitable activity
Depreciation
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Heads Up Somerset Ltd.
Statement of Financial Activities
for the year ended 31 March 2025
Unrestricted
funds
Notes
75,211
2
3
282,560
22,103
5,452
385,326
8,651
359,172
9,070
376,893
8,433
Restricted
funds
16,119
-
:
16,119
500
5,129
5,629
10,490
287,418
295,851
675
11,165
The notes form part of these financial statements
Page 8
2025
Total
funds
€
91,330
282,560
22,103
5,452
401,445
9,151
364,301
9,070
382,522
18,923
288,093
307,016
2024
Total
funds
69,312
220,991
6,822
6,263
303,388
8,003
302,917
11,378
322,298
(18,910)
307,003
288,093

Heads Up Somerset Ltd. (Registered number: 02370494)
Balance Sheet
31 March 2025
Unrestricted
funds
Restricted
funds
2025
Total
funds
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
Notes
7
84,219
-
84,219
2024
Total
funds
87,350
8
16,812
203,152
219,964
11,165
11,165
27,977
203,152
231,129
24,111
187,451
211,562
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
(8,332)
211,632
-
11,165
(8,332)
222.797
(10,819)
200,743
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
295,851
295,851
11,165
11,165
307,016
307,016
FUNDS
10
Unrestricted funds
295,851
Restricted funds
11,165
TOTAL FUNDS
307,016
288,093
288,093
287,418
675
288.093
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2025
The members have not required the company to obtain an audit of its financial statements for the year ended 31 Mard
025 in accordance with Section 476 of the Companies Act 200€
The trustees acknowledge their responsibilities for
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company a
at the end of each financial year and of its surplus or deficit for each financial year in accordance with thi
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 9
continued...

Heads Up Somerset Ltd. (Registered number: 02370494)
Balance Sheet - continued
31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 3 September 2025 and
were signed on its behalf by:
Paul Sealey - Trustee
The notes form part of these financial statements
Page 10

Heads Up Somerset Ltd.
Notes to the Financial Statements
for the year ended 31 March 2025
1.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are
based on experience and other factors, including expectations of future events that are believed to be reasonable
under the circumstances.
Income
* income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is
probable and its amount can be measured reliably.
* legacy income is recognised when receipt is probable and entitlement is established.
* income from donated goods is measured at the fair value of the goods unless this is impractical to measure
reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated
facilities and services are recognised in the accounts when received if the value can be reliably measured. No
amounts are included for the contribution of general volunteers.
* income from contracts for the supply of services is recognised with the delivery of the contracted service. This is
classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose
and returned if unspent, in which case it may be regarded as restricted.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which
cannot be fully recovered, and is classified under headings of the statement of financial activities to which it
* expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading
activities, and the sale of donated goods.
* expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its
charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the
governance of the charity apportioned to charitable activities.
* other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its
expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the
resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are
apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Page 11
continued...

1.
Heads Up Somerset Ltd.
Notes to the Financial Statements - continued
for the year ended 31 March 2025
ACCOUNTING POLICIES - continued
Tangible fixed assets
Freehold property
Plant and machinery
Fixtures and fittings
Motor vehicles
Computer equipment
- Land 0%. Buildings over 50 years.
: 10% on cost
10% on cost
- 20% on cost
- 33.3% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Cash at Bank and in hand
Cash at bank and in hand includes cash and current and deposit accounts.
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount can be measured or reliably
estimated.
Financial instruments
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to
be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at
the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised
under the appropriate heading in the statement of financial activities in which the initial gain was recognised
Limited by guarantee
Page 12
continued...

1.
2.
3.
4.
5.
6.
Heads Up Somerset Ltd.
Notes to the Financial Statements - continued
for the year ended 31 March 2025
ACCOUNTING POLICIES - continued
Heads Up Somerset Ltd is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the
assets of the charitable company in the event of its being wound up while he or she is a member, or within one
year after he or she ceases to be a member.
OTHER TRADING ACTIVITIES
Trading income
INVESTMENT INCOME
Deposit account interest
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2025
22,103
2025
5,452
2024
6,822
2024
6,263
2025
9,070
2024
11,378
Depreciation - owned assets
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year endec
31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
The average monthly number of employees during the year was as follows:
Engaged on charitable activities
Management and administration
2025
12
10
22
2024
11
19
No employees received emoluments in excess of £60,000.
Page 13
continued...

Heads Up Somerset Ltd.
Notes to the Financial Statements - continued
for the year ended 31 March 2025
7.
TANGIBLE FIXED ASSETS
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
COST
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
Freehold
property
€
58,284
58.284
566
565
1,131
57.153
57,718
Motor
vehicles
€
25,195
-
25.195
5,669
5,039
10.708
14.487
19,526
Page 14
Plant and
machinery
6,065
(1,462)
4,603
3,576
606
(1,462)
2,720
1,883
2,489
Computer
equipment
€
16,976
1,811
18,787
14,776
1,704
16,480
2,307
2,200
Fixtures
and
fittings
7,432
4,128
11,560
2,015
1,156
3,171
8,389
5,417
Totals
113,952
5,939
(1,462)
118,429
26,602
9,070
(1,462)
34,210
84,219
87,350
continued...

8.
9.
Heads Up Somerset Ltd.
Notes to the Financial Statements - continued
for the year ended 31 March 2025
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
PAYE debtor
Prepayments and accrued income
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income
10.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated budget fund
Restricted funds
HU Connect
Wedmore Carers
Mark Benevolent Fund
Big Give
TOTAL FUNDS
At 1/4/24
260,904
26.514
287,418
153
522
288.093
Page 15
2025
22,073
1,443
4,461
27,977
2025
2,798
-
894
1,381
3,259
8,332
Net
movement
in funds
(28,868)
37,301
8,433
(59)
(82)
4,960
5,671
10,490
18,923
2024
19,671
4,440
24,111
2024
2,336
3,683
785
845
3,170
10,819
At
31/3/25
232,036
63,815
295,851
94
440
4,960
5,671
11,165
307,016
continued...

10.
Heads Up Somerset Ltd.
Notes to the Financial Statements - continued
for the year ended 31 March 2025
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated budget fund
Restricted funds
HU Connect
Wedmore Carers
ST Cuthberts Parish
Mark Benevolent Fund
Big Give
TOTAL FUNDS
Comparatives for movement in funds
Incoming
resources
325,910
59.416
385,326
204
522
500
8,463
6,430
16,119
401.445
Unrestricted funds
General fund
Designated budget fund
Restricted funds
HU Connect
Old Deanery
Wedmore Carers
TOTAL FUNDS
At 1/4/23
264,133
41,151
305,284
396
1,323
1,719
307.003
Page 16
Resources
expended
(354,778)
(22,115)
(376,893)
(263)
(604)
(500)
(3,503)
(759)
(5,629)
(382,522)
Net
movement
in funds
(54,083)
36,217
(17,866)
(243)
(1,323)
522
(1,044)
(18,910)
Movement
in funds
€
(28,868)
37,301
8,433
(59)
(82)
1,960
5,671
10,490
18.923
At
31/3/24
210,050
77,368
287,418
153
522
675
288,093
continued...

10.
11.
Heads Up Somerset Ltd.
Notes to the Financial Statements - continued
for the year ended 31 March 2025
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated budget fund
Restricted funds
HU Connect
Old Deanery
Wedmore Carers
TOTAL FUNDS
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Incoming
resources
259,863
42.325
302,188
:
1,200
1,200
303,388
Resources
expended
(313,946)
(6,108)
(320,054)
(243)
(1,323)
(678)
(2,244)
(322,298)
Movement
in funds
€
(54,083)
36,217
(17,866)
(243)
(1,323)
522
(1,044)
(18,910)
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This document was delivered using electronic communications and authenticated in
accordance with the registrar's rules relating to electronic form, authentication and
manner of delivery under section 1072 of the Companies Act 2006.