HEADWAY NORFOLK AND WAVENEY LTD

Registered charity 1040706 · accounts filings on the Charity Commission register · also known as HEADWAY GREAT YARMOUTH AND WAVENEY · filing overdue (register status)

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

Area of benefit: NORFOLK AND WAVENEY

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Economic/community Development/employment · website · Get email alerts

Registered contact address: Norwich, East of England, England (from the postcode on the register)

Latest income
£1.1m
Latest spending
£1.3m
Registered
1994
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £109k; policy: two months running costs (around £180,000))
“However, the charity is not currently maintaining this level of reserves due to the difficult operating environment.”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sexty & Co. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

1 annual return is past its due date with no recorded received date (Charity Commission register).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Public fundraising profile: JustGiving — Headway Norfolk and Waveney (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2024)

Total income
£1.1m
Total spending
£1.3m
Cost of raising funds
£4k
Reserves (reported)
£110k
Employees
48

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.4% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
NORWICH CONSOLIDATED CHARITIESFY2024£20kSupport groups for people with experience of brain injury
NORWICH CONSOLIDATED CHARITIESFY2025£10kSupport groups for people with experience of brain injury
THE ANTON JURGENS CHARITABLE TRUSTFY2025£5k
THE ANTON JURGENS CHARITABLE TRUSTFY2024£3k
SIR JULES THORN CHARITABLE TRUSTFY2023£2kAnn Rylands Small Donations
BARCHESTER HEALTHCARE FOUNDATIONFY2025£2kActivity sessions for this charity aimed at improving the lives for people with acquired brain injuries.
YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATIONFY2021£2k
THE ANNIE TRANMER CHARITABLE TRUSTFY2026£1k
THE FRANK LITCHFIELD GENERAL CHARITABLE TRUSTFY2023£1k
THE ANNIE TRANMER CHARITABLE TRUSTFY2025£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Postcode Lottery01/05/2023£20kUnrestricted Funding
The National Lottery Community Fund14/10/2022£10kOccupational Therapy Services
Sport England26/08/2021£9kTGC CF
The National Lottery Community Fund06/08/2021£10kHeading Home: Living life after brain injury
The National Lottery Community Fund11/02/2021£164kAcquired Brain Injury Early Connections
The National Lottery Community Fund11/06/2020£56kHeadway Norfolk and Waveney Covid Application
The National Lottery Community Fund07/05/2020£10kHeading Your Way
The National Lottery Community Fund13/12/2018£10kHeadway Norfolk & Waveney Peer Support
The National Lottery Community Fund30/09/2015£10kA4A - ABI Carers - Creating Connections

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Headway Suffolk and Norfolk LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HEADWAY NORFOLK AND WAVENEY LTD£1.1m—0below—material uncertainty
Headway Suffolk and Norfolk LTD FY2026£2.2m£90,001 - £100,000—unclear—no doubt
HEREFORDSHIRE HEADWAY FY2026£333k—0above—no doubt
HEADWAY SOMERSET FY2025£251k—0above—no doubt
HEADWAY SHROPSHIRE FY2025£1.6m——below—no doubt
HEADWAY HERTFORDSHIRE LIMITED FY2025£347k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.