REGISTERED COMPANY NUMBER: 02791056 REGISTERED CHARITY NUMBER: 1017488
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2023
for
M.K. Multiple Sclerosis Therapy Group Limited
Connolly Accountants & Business Advisors Ltd Chartered Certified Accountants The Stable Yard Vicarage Road Stony Stratford Milton Keynes Buckinghamshire MK11 1BN
M.K. Multiple Sclerosis Therapy Group Limited
Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 14 |
| Detailed Statement of Financial Activities | 15 | to | 16 |
M.K. Multiple Sclerosis Therapy Group Limited
Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023
Trustee report for year ended 31st March 2023
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 2023. The trustees have adopted the provisions of the Charities (SORP) FRS102 'Accounting and Reporting by Charities' (effective 1st January 2015).
Principal Activity
The Company was incorporated to provide relief to sufferers of Multiple Sclerosis from a permanent base in Milton Keynes. (MKMSTG). We also treat other conditions such as Fibromyalgia, Parkinson's, Arthritis, Cancer, Cerebral Palsy (CP), Autism and Sports Injury. Funds for the upkeep of the centre are generated by payment for treatment, fund raising, sponsorship, donations, subscription and grants.
Review of activities
The financial year April 2022 to March 2023 has been tough for MKMSTG as it has for all, coming out of the pandemic. We decided during the year to relax the rules and protocols in place because of Covid. The wearing of a mask would be up to the individual and no longer compulsory. The taking temperatures of all entering would continue and hand sanitiser still available to use throughout the Therapy Centre.
We started this financial year with the hope of increasing our membership and also offering more therapy appointments. In April and May, it appeared we were on course to do this as operating Income, which includes members payments, substantially increased. However, as the year progressed and membership increased, there appeared to be a wave effect. Some months, operating Income rose and then the following it fell again. It has been a disappointing year in this regard. The new EFT clinic (Emotional Freedom Technique) started receiving clients at the end of March 2022. After some advertising and approach to residential retirement homes, the clinic did not attract the numbers we were hoping for. We had about 12 new clients take advantage of reduced payment and free membership but several did not return after their initial sessions. Most of the Long Covid clients having HBOT (Hyper-baric Oxygenation Therapy) found this helped considerably with their symptoms. However, once they were feeling better, did not continue with the treatment. The cost of living crisis does seem to have affected the numbers of clients attending the centre and the Trustees are aware of the situation regarding numbers of attendees.
On the brighter side, the Therapy Centre has received many donations and help from our supporters. In April, we finally found a garden landscaper to lay a slab path to the compressor room from the back door as this was becoming increasingly dangerous for our volunteers. Lawnscape Gardeners gave their time freely and we only paid for the supplies. In December, a member, Gary Marsh, asked his Company, Collingwood Lighting, to donate new LED lights to help cut the cost of electricity. Again the LED lights and work to install was donated freely. The Trustees wish to thank these two Companies for their generous support of the Charity. In July, the Rotary Group of Woburn Sands held a race night and gave us £500 from the proceeds. This was put towards the purchase of a new CCTV for the oxygen chamber. A donation from Great Linford Parish Council enabled us to purchase a new ultrasound machine. In September, we held an open day which was well attended and at Christmas a mincepie and coffee morning was enjoyed by members and volunteers. In March 2023, we joined Local Giving and entered the Mad March Match Fund the Community Foundation were running. Due to generous donations via Local Giving, totalling £1000, we were able to receive the maximum match amount of £1000 from the Community Foundation. However, the £2000 will appear in the next financial year. The Trustees would like to thank individual supporters, MK Community Foundation and Companies for their generous support of the Charity.
The Trustees are aware of an ongoing investigation regarding subsidence of the building and Compressor Room in Hollin Lane, Stacey Bushes. It is in the hands of the Landlord's (MK Community Foundation) Agent (Hornbeam) and their Insurers.
Operating Income
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M.K. Multiple Sclerosis Therapy Group Limited
Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023
Operating income for this accounting period (which includes payments and subscriptions) was £38,725. Substantially higher than last year. Donations/fundraising was £3,428. Total Income was £44,053, Expenditure was £42,825. This has resulted in a surplus of £1,228.
The Trustees would like to thank the centre manager, volunteer operators and therapists for their work, dedication and help in continuing to keep the MK MS Therapy Centre open and operating safely. We continue providing much needed therapies for our members, the local community and wider area. Our thanks also to our Patron, Dr Fernandes, the Management Committee, Hon Secretary, Chair and Committee members, for their hard work and continued support.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006.
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02791056 (Not specified/Other)
Registered Charity number
1017488
Registered office
4 Hollin Lane Stacey Bushes Milton Keynes Buckinghamshire MK12 6HT
Trustees
Ms R Heredia Managing Director Ms J Bohn Company Secretary L Sutton
Company Secretary
Ms J Bohn
Independent Examiner
Declan Connolly FCCA Connolly Accountants & Business Advisors Ltd Chartered Certified Accountants The Stable Yard Vicarage Road Stony Stratford Milton Keynes Buckinghamshire MK11 1BN
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M.K. Multiple Sclerosis Therapy Group Limited
Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES' RESPONSIBILITY STATEMENT
The trustees (who are also the directors of M.K. Multiple Sclerosis Therapy Group Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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 31 July 2023 and signed on its behalf by:
Ms R Heredia - Trustee
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Independent Examiner's Report to the Trustees of M.K. Multiple Sclerosis Therapy Group Limited
Independent examiner's report to the trustees of M.K. Multiple Sclerosis Therapy Group Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
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
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Declan Connolly FCCA
Connolly Accountants & Business Advisors Ltd Chartered Certified Accountants The Stable Yard Vicarage Road Stony Stratford Milton Keynes Buckinghamshire MK11 1BN
31 July 2023
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M.K. Multiple Sclerosis Therapy Group Limited
Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted Restricted funds fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 42,550 - Other trading activities 2 84 - Investment income 3 744 - Other income - 675 Total 43,378 675 EXPENDITURE ON Raising funds 4 25,453 4,847 Charitable activities Fundraising 7,158 5,334 Other 33 - Total 32,644 10,181 NET INCOME/(EXPENDITURE) 10,734 (9,506) Transfers between funds 13 (50) 50 Net movement in funds 10,684 (9,456) RECONCILIATION OF FUNDS Total funds brought forward 81,665 10,000 TOTAL FUNDS CARRIED FORWARD 92,349 544 |
2023 Total funds £ 42,550 84 744 675 44,053 30,300 12,492 33 42,825 1,228 - 1,228 91,665 92,893 |
2022 Total funds £ 34,089 118 63 10,000 |
|---|---|---|
| 44,270 | ||
| 26,253 13,525 143 |
||
| 39,921 | ||
| 4,349 - |
||
| 4,349 87,316 |
||
| 91,665 |
The notes form part of these financial statements
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M.K. Multiple Sclerosis Therapy Group Limited
Balance Sheet 31 MARCH 2023
| Unrestricted Restricted funds fund Notes £ £ FIXED ASSETS Tangible assets 9 954 544 CURRENT ASSETS Debtors 10 1,923 - Cash at bank and in hand 90,415 - 92,338 - CREDITORS Amounts falling due within one year 11 (943) - NET CURRENT ASSETS 91,395 - TOTAL ASSETS LESS CURRENT LIABILITIES 92,349 544 NET ASSETS 92,349 544 FUNDS 13 Unrestricted funds: General fund Restricted funds: General Fund Restricted TOTAL FUNDS |
2023 Total funds £ 1,498 1,923 90,415 92,338 (943) 91,395 92,893 92,893 92,349 544 92,893 |
2022 Total funds £ 358 - 92,870 92,870 (1,563) 91,307 91,665 91,665 81,665 10,000 91,665 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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.
The notes form part of these financial statements
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continued...
M.K. Multiple Sclerosis Therapy Group Limited
Balance Sheet - continued 31 MARCH 2023
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 31 July 2023 and were signed on its behalf by:
R Heredia - Trustee
J Bohn - Trustee
The notes form part of these financial statements
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2023
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.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Plant and machinery | - 25% on cost |
|---|---|
| Fixtures and fittings | - 3 years |
| Computer equipment | - 3 years |
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Government grants
Grant income is recognised in accordance with the Charities SORP paragraph 5.8, with grant income being recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
continued...
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023
| 2. OTHER TRADING ACTIVITIES Shop sales income 3. INVESTMENT INCOME Deposit account interest 4. RAISING FUNDS Raising donations and legacies Rent Rates and water Insurance Light and heat Telephone Postage and stationery HBO costs Support costs 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Rent |
2023 £ 84 2023 £ 744 2023 £ 5,247 158 2,666 5,025 868 119 6,637 7,206 27,926 2023 £ 509 5,247 |
2022 £ 118 2022 £ 63 2022 £ 5,247 122 2,325 2,836 1,281 88 5,622 7,048 |
|---|---|---|
| 24,569 | ||
| 2022 £ 176 5,247 |
continued...
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
8.
| Trustees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 34,089 Other trading activities 118 Investment income 63 Other income - Total 34,270 EXPENDITURE ON Raising funds 26,253 Charitable activities Fundraising 13,525 Other 143 Total 39,921 NET INCOME/(EXPENDITURE) (5,651) RECONCILIATION OF FUNDS Total funds brought forward 87,316 TOTAL FUNDS CARRIED FORWARD 81,665 |
2023 3 Restricted fund £ - - - 10,000 10,000 - - - - 10,000 - 10,000 |
2022 3 Total funds £ 34,089 118 63 10,000 44,270 26,253 13,525 143 39,921 4,349 87,316 91,665 |
2022 3 Total funds £ 34,089 118 63 10,000 44,270 26,253 13,525 143 39,921 4,349 87,316 91,665 |
|---|---|---|---|
| 44,270 | |||
| 26,253 13,525 143 |
|||
| 39,921 | |||
| 4,349 87,316 |
|||
| 91,665 |
continued...
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023
9. TANGIBLE FIXED ASSETS
| Freehold Plant and property machinery £ £ COST At 1 April 2022 31,770 47,683 Additions - 725 Disposals (31,770) - At 31 March 2023 - 48,408 DEPRECIATION At 1 April 2022 31,770 47,683 Charge for year - 181 Eliminated on disposal (31,770) - At 31 March 2023 - 47,864 NET BOOK VALUE At 31 March 2023 - 544 At 31 March 2022 - - 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Accrued expenses Deferred government grants |
Fixtures and Computer fittings equipment Totals £ £ £ 25,095 2,507 107,055 - 924 1,649 (2,148) (1,160) (35,078) 22,947 2,271 73,626 24,902 2,342 106,697 95 233 509 (2,148) (1,160) (35,078) 22,849 1,415 72,128 98 856 1,498 193 165 358 2023 2022 £ £ 1,923 - 2023 2022 £ £ 158 - 785 888 - 675 943 1,563 |
|---|---|
continued...
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023
12. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Within one year | 5,247 | 5,247 | |||
| Between one and five years | 5,247 | 10,494 | |||
| 10,494 | 15,741 | ||||
| 13. | MOVEMENT IN FUNDS | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.22 | in funds | funds | 31.3.23 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 81,665 | 10,734 | (50) | 92,349 | |
| Restricted funds | |||||
| General Fund Restricted | 10,000 | (9,506) | 50 | 544 | |
| TOTAL FUNDS | 91,665 | 1,228 | - | 92,893 | |
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 43,378 | (32,644) | 10,734 | ||
| Restricted funds | |||||
| General Fund Restricted | 675 | (10,181) | (9,506) | ||
| TOTAL FUNDS | 44,053 | (42,825) | 1,228 |
continued...
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 87,316 | (5,651) | 81,665 | |||
| Restricted funds | ||||||
| General Fund Restricted | - | 10,000 | 10,000 | |||
| TOTAL FUNDS | 87,316 | 4,349 | 91,665 | |||
| Comparative net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 34,270 | (39,921) | (5,651) | |||
| Restricted funds | ||||||
| General Fund Restricted | 10,000 | - | 10,000 | |||
| TOTAL FUNDS | 44,270 | (39,921) | 4,349 | |||
| A current year 12 months and prior year 12 months combined position is as follows: | ||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.21 | in funds | funds | 31.3.23 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 87,316 | 5,083 | (50) | 92,349 | ||
| Restricted funds | ||||||
| General Fund Restricted | - | 494 | 50 | 544 | ||
| TOTAL FUNDS | 87,316 | 5,577 | - | 92,893 |
continued...
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M.K. Multiple Sclerosis Therapy Group Limited
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 77,648 | (72,565) | 5,083 |
| Restricted funds | |||
| General Fund Restricted | 10,675 | (10,181) | 494 |
| TOTAL FUNDS | 88,323 | (82,746) | 5,577 |
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
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M.K. Multiple Sclerosis Therapy Group Limited
Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations general | 2,391 | 2,309 |
| Operating income | 38,725 | 29,352 |
| Fund raising | 1,037 | 611 |
| Other income | 397 | 1,732 |
| Great weather lottery | - | 85 |
| 42,550 | 34,089 | |
| Other trading activities | ||
| Shop sales income | 84 | 118 |
| Investment income | ||
| Deposit account interest | 744 | 63 |
| Other income | ||
| Community foundation | 675 | 10,000 |
| Total incoming resources | 44,053 | 44,270 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Rent | 5,247 | 5,247 |
| Rates and water | 158 | 122 |
| Insurance | 2,666 | 2,325 |
| Light and heat | 5,025 | 2,836 |
| Telephone | 868 | 1,281 |
| Postage and stationery | 119 | 88 |
| HBO costs | 6,637 | 5,622 |
| 20,720 | 17,521 | |
| Other trading activities | ||
| Purchases | 154 | 216 |
| Cleaning | 2,220 | 1,468 |
| 2,374 | 1,684 | |
| Charitable activities | ||
| Therapist costs | 12,414 | 13,525 |
| Carried forward | 12,414 | 13,525 |
This page does not form part of the statutory financial statements
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M.K. Multiple Sclerosis Therapy Group Limited
Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Brought forward | 12,414 | 13,525 |
| CRB checks | 33 | - |
| 12,447 | 13,525 | |
| Other | ||
| Gifts | 33 | 98 |
| IT costs | - | 45 |
| 33 | 143 | |
| Support costs | ||
| Management | ||
| Maintenance | 1,539 | 1,609 |
| Office manager | 4,400 | 4,400 |
| Plant and machinery | 181 | - |
| Fixtures and fittings | 95 | 95 |
| Computer equipment | 234 | 82 |
| 6,449 | 6,186 | |
| Finance | ||
| Bank charges | 22 | 127 |
| Governance costs | ||
| Accountancy and legal fees | 780 | 735 |
| Total resources expended | 42,825 | 39,921 |
| Net income | 1,228 | 4,349 |
This page does not form part of the statutory financial statements
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