REGISTERED COMPANY NUMBER: 03672087 (England and Wales)

REGISTERED CHARITY NUMBER: 1074011

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Leicestershire Leicester And Rutland

Headway

Page

Report of the Trustees

1

to

6

Independent Examiner's Report

7

Statement of Financial Activities

8

Balance Sheet

9

to

10

Notes to the Financial Statements

11

to

22

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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Charity's objects are;

-

to provide services and facilities calculated to rehabilitate and relieve from their disabilities persons who live with brain injuries and who reside in Leicestershire and Rutland.

-

to assist the families and carers of persons who live with brain injuries

Public benefit

The trustees have had due regard to guidance published by the Charity Commission on public benefit and considers the charity acts in accordance with the guidance.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The trustees are satisfied with the results for the year 2024-2025.

During this period, the Charity continued to provide vital services and support to adults with acquired brain injury (ABI), along with their families, carers, and supporters. Between 1 April 2024 and 31 March 2025, the service received 103 new referrals, of which 59% were male.

Referral analysis indicated that:

- 30% of individuals referred had experienced a stroke

- 18% were the result of road traffic collisions

69% of all referrals were for residents within the county, with Charnwood being the borough with the highest number.

The Charity enhanced it's digital presence through continued updates to the website and increased activity on social media platforms. In January, it welcomed a trainee counsellor from the University of Derby, who now provides support sessions to service users, family members, and Headway staff.

The year marked a positive period of change, with the development of new initiatives and the expansion of existing services. A notable achievement was receiving 'Highly Commended' in the Charity category of the NHS Parliamentary Awards 2024.

To strengthen leadership capacity, the Fundraising and Engagement Executive was promoted to Development Manager, supporting the Service Director with day-to-day responsibilities and decision-making.

Fundraising activities

The Charity experienced many successful outcomes from it's fundraising campaigns, largely due to improved networking, targeted marketing, and increased community engagement. These efforts have positively influenced donor behaviour and enhanced income generation.

Notable successes include:

- £348,000 awarded over five years by the National Lottery Reaching People & Communities for the Learning to Be Me Again project, which will expand the Community Outreach programme with new community hubs and a hospital liaison service

- A donation from Lutterworth Rotary Club towards equipment and the promotion of inclusive sports

- Heather Savigny's tandem skydive raised nearly £4,000 for a residential break to the Norfolk Broads

- Michael Gardner, aka The Walking Poet, raised £1,340 through book sales and donations

- £2,000 legacy from J.A. Barson

- £2,500 from the Leicester Freemasons

- £800 from the Market Harborough Catenians

- £3,500 from the Maud Elkington Charitable Trust

- £1,000 from The Chesterton House Foundation

- £1,000 from the Florence Turner Trust

- £2,500 from the Hedley Foundation

- £732 awarded by Blaby District Council

- £8,400 from the NHS Research Enablement Project

The Charity extends it's sincere thanks to Affinity Law, K. Feltham, the Solanki family, and those who contributed through the Navratri donation, which raised a further £4,000. Without the generosity of these individuals and organisations, the Charity would be unable to maintain the high standard of services it provides.

FINANCIAL REVIEW

Financial position

The net decrease in resources during the year was £19,667 compared with a net decrease of £4,845 in the previous year. Incoming resources show an increase of £31,925 in comparison with 2023/24, which was mainly due to an increase in grants and donations received during a period of growth for the charity. Resources expended increased by £46,747.

The main funders during the year were the Social Services Departments of Leicester City and Leicestershire County Councils and Leicester Integrated Care Board. Leicestershire County Council continue to purchase our services through the Community Life Choices Framework agreement whilst Leicester City Council buy support through a similar framework agreement called Community Opportunities.

The Charity would also like to extend it's sincere thanks to some of the other donors who are not mentioned in the Review of Activities but have made either a one-off contribution or who are long standing supporters of Headways' work:

Thank you to all those who have offered their support either financially, with sponsorship or with the gift of time.

Investment policy and objectives

The constitution of the charity authorises it to make and hold investments using general funds not needed for immediate working purposes.

In practice the charity has never had sufficient surplus to invest to provide income for the future and has no plans to do so. The current practice is to deposit surplus funds with UK banks.

Reserves policy

The charity's policy on reserves has been designed to protect it from uncertainties in funding from statutory bodies. It aims to ensure that there are sufficient general and designated funds to meet the potential cost of redundancies and the provision of non-statutory funded services for at least six months when combined with the commitment from local government to give a three-month notice period for any funding changes.

The policy continues to provide as far as possible protection from the variation in funding from voluntary bodies arising from the interruption or non replacement of expiring charitable grants.

The trustees have reviewed the level of reserves required and are satisfied that they are at an appropriate level.They have resolved to work towards maintaining the reserves at a level in line with the charity's policy.

Free reserves, which are unrestricted reserves in excess of designated reserves less the fixed asset element of unrestricted reserves stand at £35,861 as of 31 March 2025 (2024 - £28,600).

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

FUTURE PLANS

- Continue to improve access to services across the City, County and Rutland through the Reaching Communities funding and the "Learning to be me again" project delivered by our Community Outreach Workers

- Maintain fundraising income through online campaigns, corporate sponsorship, events, and public donations.

- Explore the opportunity of Legacy fundraising.

- Continue to improve and maintain digital presence, increasing online engagement.

- Continue to deliver a high-quality day service to individuals with acquired brain injuries whom benefit from the longer-term support offered in this safe and inclusive environment

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 23rd November 1998 and registered as a charity on 17th February 1999. It began operations on 1st April 1999 when the assets and liabilities of Headway Leicester (charity number 702489) were transferred. The company was established under a Memorandum of Association, dated 23rd November 1998, which sets out the objects and powers of the charitable company, and it is governed by its Articles of Association (company number 03672087). In the event of the company being wound up, its members will be required to contribute an amount, which will not exceed £10 each.

Recruitment and appointment of new trustees

The directors of the company are also trustees of the charity for the purposes of charity law and under the company's Articles they are known as members of the Committee of Management. Under the requirements of the Memorandum and Articles of Association, the members of the committee are elected to serve for a period of three years, after which they must be re-elected at the next Annual General Meeting.

Richard Perrins, James Lewis, Carol Birch and Stephen Nottridge retire by rotation and are eligible to offer themselves for re-election.

The charity actively encourages service users to take an interest and assist in the running of the charity and encourages these stakeholders to apply for Board positions. James Lewis and Simon Gerrard have themselves suffered an acquired brain injury and receive Headway support, they provide extremely valuable input and insight into living with an acquired brain injury. James and Simon act as spokespersons for other Headway users, ensuring their views are represented. Similarly, Stephen Nottridge is a carer of a person with an acquired brain injury and presents the interests of families and carers of those with ABI.

It is normal practice to invite potential trustees to visit the service and have the opportunity to meet some of the team and people who use the services before appointing them. New trustees are given a full briefing pack, including access to all policies and procedures. There have been no new trustee appointments during this reporting period.

The management of Leicestershire Leicester and Rutland Headway is the responsibility of the trustees who are elected and co-opted under the terms of the Trust deed.

Organisational structure and decision making

Leicestershire Leicester and Rutland Headway has a Committee of Management comprising of up to sixteen members who meet quarterly and who are responsible for the strategic direction and policy of the charity. At present the committee members come from a variety of professional backgrounds. The board has a skills audit procedure to assist in the recruitment of new trustees.

The Services Director attends and reports to the meetings of the committee but does not have voting rights.

Day to day responsibility for the provision of services rests with the Services Director.

The Committee of Management is supported by two sub committees each with specific remits including audit governance, finance and human resources, fundraising, marketing and media.

The charity is an affiliated Group of the national organisation Headway, the brain injury association, which provides advice, formulates national policy, sets standards, and represents the brain injured at a national level. However, the national organisation does not have any direct responsibility for the running of the charity, which rests solely with the Committee of Management.

Headway receives a proportion of its funding through Framework agreements and a discretionary grant from the social services departments of Leicestershire County Council and Leicester City Council and the Independent Care Board in Leicester, Leicestershire and Rutland.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03672087 (England and Wales)

Registered Charity number

1074011

Registered office

4 Hospital Close

Leicester

Leicestershire

LE5 4WP

Trustees

Richard Perrins

- Chairperson

Christopher McKinney

- Company Secretary

Dr Sarah Gunn (resigned 31 January 2025)

Christopher Sworn

Richard Palmer

Carol Birch

Dedunu De Silva

Stephen Nottridge

Tharmananthar Shankaradhas

James Lewis

Simon Gerrard (appointed 30 April 2024)

Danielle Young (appointed 30 April 2024)

Services Director

Mary Goulty

Company Secretary

C P McKinney

Independent Examiner

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

Bankers

The Royal Bank of Scotland

91 93 Regent Street

Leamington Spa

CV32 4NT

Santander UK Plc

Bridle Road

Bootle

Merseyside

L30 4YD

CCLA Investment Management Ltd

Senator House

85 Queen Victoria Street

London

EC4V 4ET

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 17 October 2025 and signed on its behalf by:

R A Perrins - Trustee

Independent examiner's report to the trustees of Leicestershire Leicester And Rutland Headway ('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.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	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.

Tommie Simpson FCA

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

24 October 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

26,006

76,455

102,461

86,437

Charitable activities

5

Day Centre

112,776

-

112,776

98,239

Outreach

18,661

-

18,661

18,760

Other trading activities

3

27,385

-

27,385

27,120

Investment income

4

4,793

-

4,793

5,732

Other income

6

5,291

-

5,291

3,154

Total

194,912

76,455

271,367

239,442

EXPENDITURE ON

Raising funds

7

55,977

4,741

60,718

46,944

Charitable activities

8

Day Centre

106,788

40,774

147,562

137,737

Outreach

65,080

17,674

82,754

59,606

Total

227,845

63,189

291,034

244,287

NET INCOME/(EXPENDITURE)

(32,933

)

13,266

(19,667

)

(4,845

)

RECONCILIATION OF FUNDS

Total funds brought forward

118,034

27,169

145,203

150,048

TOTAL FUNDS CARRIED FORWARD

85,101

40,435

125,536

145,203

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

15

10,256

9,690

19,946

13,260

CURRENT ASSETS

Debtors

16

45,396

-

45,396

12,659

Cash at bank and in hand

72,391

33,274

105,665

158,956

117,787

33,274

151,061

171,615

CREDITORS

Amounts falling due within one year

17

(42,943

)

(2,528

)

(45,471

)

(39,672

)

NET CURRENT ASSETS

74,844

30,746

105,590

131,943

TOTAL ASSETS LESS CURRENT LIABILITIES

85,100

40,436

125,536

145,203

NET ASSETS

85,100

40,436

125,536

145,203

FUNDS

18

Unrestricted funds

85,100

118,034

Restricted funds

40,436

27,169

TOTAL FUNDS

125,536

145,203

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 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the 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.

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 17 October 2025 and were signed on its behalf by:

R A Perrins - Trustee

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.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

•

the requirements of Section 7 Statement of Cash Flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

Costs are apportioned between activities based on an estimate of management time spent.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective rate of interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern

The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements.

2.	DONATIONS AND LEGACIES

31.3.25

31.3.24

£

£

Donations

29,697

15,155

Grants

72,764

71,282

102,461

86,437

Grants received, included in the above, are as follows:

31.3.25

31.3.24

£

£

Leicestershire County Council

1,200

5,000

Community Foundation Leicestershire & Rutland

-

5,000

T S Shipman Trust

2,000

-

Freemasons Leicester

2,500

-

Paget Trust

-

1,000

Maud Elkington Charitable Trust

3,500

3,000

Garfield Weston

-

20,000

North West Leicestershire District Council

-

100

Asda Foundation

-

400

Local Giving Limited

-

500

Chesterton House Foundation

1,000

1,000

Blaby District Council

732

500

Clothworkers' Foundation

-

9,600

The National Lottery Community Fund

57,832

16,569

Florence Trust

1,000

1,000

The Gillian Stevenson Trust

-

7,613

J R Corah Foundation Fund

500

-

Hedley

2,500

-

72,764

71,282

3.	OTHER TRADING ACTIVITIES

31.3.25

31.3.24

£

£

Fundraising events

27,385

27,120

4.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Deposit account interest

4,793

5,732

5.	INCOME FROM CHARITABLE ACTIVITIES

31.3.25

31.3.24

Activity

£

£

Fees charged

Day Centre

33,690

25,185

Council Funding

Day Centre

78,947

72,815

Craft sales

Day Centre

139

239

Fees charged

Outreach

5,400

5,498

NHS Funding

Outreach

13,261

13,262

131,437

116,999

6.	OTHER INCOME

31.3.25

31.3.24

£

£

Subscriptions

5,291

3,154

7.	RAISING FUNDS

Raising donations and legacies

31.3.25

31.3.24

£

£

Staff costs

33,098

25,420

Printing and advertising

7,384

1,582

Travel

633

30

Just giving charges

613

216

Charity Ball

8,331

8,829

Sundries

461

764

Support costs

10,198

10,103

60,718

46,944

8.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 9)

note 10)

Totals

£

£

£

Day Centre

86,403

61,159

147,562

Outreach

52,174

30,580

82,754

138,577

91,739

230,316

9.	DIRECT COSTS OF CHARITABLE ACTIVITIES

31.3.25

31.3.24

£

£

Staff costs

114,916

88,877

Purchases

19,253

16,492

Gardening

1,697

-

Travel

2,711

1,007

138,577

106,376

10.	SUPPORT COSTS

Governance

Finance

Administration

Premises

costs

Totals

£

£

£

£

£

Raising donations and legacies

43

8,086

1,480

589

10,198

Day Centre

257

48,503

8,875

3,524

61,159

Outreach

129

24,251

4,438

1,762

30,580

429

80,840

14,793

5,875

101,937

Activity

Basis of allocation

Finance

Management time spent on activities

Administration

Management time spent on activities

Premises

Management time spent on activities

Governance costs

Management time spent on activities

Support costs, included in the above, are as follows:

Finance

31.3.25

31.3.24

Raising

donations

and

Day

Total

Total

legacies

Centre

Outreach

activities

activities

£

£

£

£

£

Bank charges

43

257

129

429

402

Administration

31.3.25

31.3.24

Raising

donations

and

Day

Total

Total

legacies

Centre

Outreach

activities

activities

£

£

£

£

£

Wages

5,852

35,108

17,554

58,514

55,276

Social security

280

1,679

840

2,799

2,371

Pensions

108

650

325

1,083

1,081

Telephone

334

2,003

1,001

3,338

6,766

Postage and stationery

192

1,152

576

1,920

1,519

Sundries

126

755

378

1,259

415

IT costs

549

3,293

1,646

5,488

8,838

Travel

-

-

-

-

25

Subscriptions

31

185

93

309

1,274

Training

340

2,042

1,021

3,403

794

Health and safety

54

323

161

538

419

Recruitment fees

52

309

154

515

106

Depreciation of tangible fixed assets

168

1,004

502

1,674

596

8,086

48,503

24,251

80,840

79,480

Premises

31.3.25

31.3.24

Raising

donations

and

Day

Total

Total

legacies

Centre

Outreach

activities

activities

£

£

£

£

£

Rates and water

127

756

378

1,261

1,208

Light and heat

370

2,224

1,112

3,706

3,666

Repairs and maintenance

483

2,894

1,447

4,824

8,671

Depreciation of tangible fixed assets

500

3,001

1,501

5,002

2,903

1,480

8,875

4,438

14,793

16,448

Governance costs

31.3.25

31.3.24

Raising

donations

and

Day

Total

Total

legacies

Centre

Outreach

activities

activities

£

£

£

£

£

Independent Examiners fee

292

1,750

875

2,917

2,772

Insurance

283

1,694

847

2,824

1,865

Legal fees

14

80

40

134

103

589

3,524

1,762

5,875

4,740