HEADWAY NORFOLK AND WAVENEY LTD
Promoting understanding of brain injury and providing information, support, and services to people with an acquired brain injury, their families, and carers in Norfolk and Waveney.
Objects
THE LONG TERM REHABILITATION AND CARE OF PERSONS IN THE NORFOLK AND WAVENEY AREA WHO HAVE ACQUIRED BRAIN INJURIES
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £137,903 for the year, resulting in a decrease in unrestricted reserves to £108,570. The trustees and auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to low cash reserves and inflationary pressures. Consequently, the charity is currently below its stated reserves policy target of approximately £180,000.
What the accounts disclose
“However, the charity is not currently maintaining this level of reserves due to the difficult operating environment.”
“We draw attention to note 1.3 in the financial statements, which indicates due to inflationary pressures, along with the other matters as set forth in the trustees’ report, that a material uncertainty exists that may cast significant doubt on the charitable company’s ability to continue as a going concern.” — page 10
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → material uncertainty (FY2024).
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 20
- Government income: £741,180 — contracts £741,180 (2); 66% of the £1,127,774 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 15
- Government income: £554,750 — contracts £554,750 (2); 56% of the £989,061 total gross income on the same return
Self-declared on the annual return for the financial year ending 31/03/2022
- Volunteers: 13
- Government income: £426,956 — contracts £379,703 (3), grants £47,253 (1); 53% of the £803,511 total gross income on the same return
Annual return filing dates (Charity Commission record)
1 annual return is past its due date with no recorded received date (Charity Commission register).
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Chris Coath
- Colin Cook
- Dr Venu Harilal
- Ella A'Court
- Helen Dawn Lewis
- Mark Alexander Trenavin-Body
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | — | — |
| 31/03/2024 | £1.1m | £1.3m |
| 31/03/2023 | £989k | £1.1m |
| 31/03/2022 | £804k | £780k |
| 31/03/2021 | £644k | £626k |
Common questions
Is HEADWAY NORFOLK AND WAVENEY LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £137,903 for the year, resulting in a decrease in unrestricted reserves to £108,570. The trustees and auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern due to low cash reserves and inflationary pressures. Consequently, the charity is currently below its stated reserves policy target of approximately £180,000. Its FY2024 accounts were audited by Sexty & Co.
Who funds HEADWAY NORFOLK AND WAVENEY LTD?
Funders whose own accounts filings name HEADWAY NORFOLK AND WAVENEY LTD as a grant recipient include NORWICH CONSOLIDATED CHARITIES, THE ANTON JURGENS CHARITABLE TRUST, SIR JULES THORN CHARITABLE TRUST, BARCHESTER HEALTHCARE FOUNDATION, YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORWICH CONSOLIDATED CHARITIES | FY2024 | £20k | Support groups for people with experience of brain injury |
| NORWICH CONSOLIDATED CHARITIES | FY2025 | £10k | Support groups for people with experience of brain injury |
| THE ANTON JURGENS CHARITABLE TRUST | FY2025 | £5k | |
| THE ANTON JURGENS CHARITABLE TRUST | FY2024 | £3k | |
| SIR JULES THORN CHARITABLE TRUST | FY2023 | £2k | Ann Rylands Small Donations |
| BARCHESTER HEALTHCARE FOUNDATION | FY2025 | £2k | Activity sessions for this charity aimed at improving the lives for people with acquired brain injuries. |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | FY2021 | £2k | |
| THE ANNIE TRANMER CHARITABLE TRUST | FY2026 | £1k | |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | FY2023 | £1k | |
| THE ANNIE TRANMER CHARITABLE TRUST | FY2025 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 01/05/2023 | £20k | Unrestricted Funding |
| The National Lottery Community Fund | 14/10/2022 | £10k | Occupational Therapy Services |
| Sport England | 26/08/2021 | £9k | TGC CF |
| The National Lottery Community Fund | 06/08/2021 | £10k | Heading Home: Living life after brain injury |
| The National Lottery Community Fund | 11/02/2021 | £164k | Acquired Brain Injury Early Connections |
| The National Lottery Community Fund | 11/06/2020 | £56k | Headway Norfolk and Waveney Covid Application |
| The National Lottery Community Fund | 07/05/2020 | £10k | Heading Your Way |
| The National Lottery Community Fund | 13/12/2018 | £10k | Headway Norfolk & Waveney Peer Support |
| The National Lottery Community Fund | 30/09/2015 | £10k | A4A - ABI Carers - Creating Connections |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.2m |
| E F BULMER TRUST | 1 | £39k |
| ST EDMUNDS TRUST | 1 | £35k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £27k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £25k |
| THE MRS SMITH AND MOUNT TRUST | 1 | £15k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £12k |
| THE MILLICHOPE FOUNDATION | 1 | £12k |
Charities like this
- Headway Suffolk and Norfolk LTD
- HEREFORDSHIRE HEADWAY
- HEADWAY SOMERSET
- HEADWAY SHROPSHIRE
- HEADWAY HERTFORDSHIRE LIMITED
- HEADWAY LINCOLNSHIRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEADWAY NORFOLK AND WAVENEY LTD | £1.1m | — | 0 | below | — | material uncertainty |
| Headway Suffolk and Norfolk LTD | £2.2m | £90,001 - £100,000 | — | unclear | — | no doubt |
| HEREFORDSHIRE HEADWAY | £333k | — | 0 | above | — | no doubt |
| HEADWAY SOMERSET | £251k | — | 0 | above | — | no doubt |
| HEADWAY SHROPSHIRE | £1.6m | — | — | below | — | no doubt |
| HEADWAY HERTFORDSHIRE LIMITED | £347k | — | 0 | above | — | no doubt |