Headway Norfolk and Waveney Ltd

Analysis

Headway Norfolk and Waveney Ltd is a registered charity in England and Wales, based in Norfolk. It was registered in September 1994, 32 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and economic/community development/employment, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 02686901). It says it provides services and provides advocacy/advice/information.

In the financial year ending March 2024, Headway Norfolk and Waveney Ltd reported income of £1.1m and spending of £1.3m, spending 112% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income grew from £644k to £1.1m (+75%), an average of +20% a year. The sharpest change came in the year to March 2022, when income rose by 25%. Over the whole period it spent 105% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Headway Norfolk and Waveney Ltd sits at the 90th percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Anugraham (£1.1m), Momentum Children's Charity (£1.1m) and Cardiomyopathy UK (£1.1m).

In its latest detailed accounts, income came from charitable activities 95% and donations and legacies 2.9%. Charitable activities took 100% of spending and raising funds 0.3%. Reserves of £110k would cover about 1 months of spending at that rate. It employed 48 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.