CharSty Reglstratlon No. 1023606
Company Registration No. 2806607 (England and Walesl
NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
LEGAL AND ADMINISTRATIVE INFORMATION
Trusts•s
M Hawes
l Martin
D Okel Ichairl
M Roberts (not a director)
W Stothart
S Monteiro
W Ducknvorth
R Diaz
Chlef Executlve
M Lanham OBE
Secrotsry
B Dale
Chorlty numbttr
1023606
Company numb•r
2806607
R•gl8t•r•d offlc•
Woodford Lane West
Winslord
Cheshire
CW7 4EH
Audltor•
Suite 5.1
12 rrthebam Street
Liverpool
L2 20T
8ank?rn
Barclays Bank Pk
21 Dingle Walk
Winslord
Cheshire
CW7 1AG
Nationwde Building Society
5- 11 St Georges Slreel
Douglas
Isle of Man
IM99 1AS
Sollcltor
Barrow & Cook
5-7 Viclona Square
St Helen5
Merseyside
WA10 1HH

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
CONTENTS
Pagè
Trustees, report
Statement ol trustees, responsibilities
Independent auditorfs report
Slalemenl ol finanual 8¢tivitie$
10- 11
8¥lan¢e $h&el
12
Statement of cash flows
13
Notes to the financial statements
14-29

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their annual report and financial statements for the year ended 31 March 2023.
The financi81 slalernents have been prepared in 8￿rdan￿ ¥￿1h the accountsng poliryes set out in note 1 to the
financial staternents and compty wth the charty's mernorandurn and artides of association las arnended 17
October 20191, the Companies Act 20(￿ and "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 ol Ireland IFRS 1021 leffeclive 1 January 20191..
Objectives and activities
The NMC is the Centre of Excellence for people affected by neuromuscular ￿ndItiOnS.
Charltable objects
The objects of the NMC are to promote and provide opportunrties for people with a neurornuscular condition to
live fuller lives through training, employment and physiotherapy. logether with advice and silPPOrt for themselves
and their tsmilies and carers.
Ml8•lon
The NMC'S mission is to work together ￿th people affected by musde diseases. creating an environment where
lull potential and positive wellbeing a￿ achieved. Ihrough employment. training. support and physiotherapy.
Alm$ #nd ¥¢tlvlll•$
The NMC aims lo be largety user led and lo provid& a range of for p￿pIt affed&d by mu$de dis&as&.
Atthough servi¢¥ users a￿ predominanlty from within a 100 milè radius of Wn$for¢J, Cheshi￿, many attend the
Centre from across the UK and Europe. The range of services includes..
Physiotherapy assessments
Physiotherapy treatments
Hydrotherapy
Activè ex6rciss programmes
Advice and support
Supporting families In transltion
Provide personal ca
Support and breaks for carers
Training courses in Graphic De$￿an. Animation. MUS￿ and Pholography
Other Training courses
Employrnenl opportunities in Gr8phi¢ Design lin lh& Sou81 Enlery)rise', NMC Design+Prinll,
Administration and Fundraising.
Provide transport for Students and Employees to enable maximum independence and opportunity.
The unique combination of services provided by Ihe charity are offered d1￿Ctty lo individua15 and their families
across the UK. Where practi￿ble. physical management programmes are tailored to the need5 of each
individual, depending on their type of dystrophy and physiral CA)ndition. through regular 5es$ions of
physiotheiapy and hydiotherapy. As a 'centie of excellence. in the physical management of muscular <tystrophy
and related neuromuscular condrtions, the chanty offets help and advice to other organisations worldwide.
The charity has established a welprespected graphic design business, NMC Design+Print, in which Ihe variety of
skills and talents of the individuals can be employed. developed and rewarded under both salaried permitted
work arrangements. The NMC provKles wheelchair-ad8pled tran5POrt for individu81s 8ttending the Centre.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
NMC strategy for 2022-24
During the p8St year we developed 6 new stralegic obiecb¥es for NMC..
Objective 1
Provide impacfful social and academic opportunities for our community
Objective 2
Enrich the emotional and physical wellbeir¥J of people 8ffe¢aed by neuromuscular condit￿n$
Objective 3
Inspire, Inform. and enable our communty to make an ath.ve contribution to souety
Objective 4
Develop a thorough understsnding of people in our cxjmmunity and respond in tailored ways
Objective 5
Run an effe¢tiV¢ and prole$*'onal organisalion ￿1h ¢x¢ell&nl go¥&man¢e wilh $u$lainability al tho ¢or¥
Objective 6
Increase awareness of MD and NMC and increase our inlluerKe
Volunteer help
NMC has a strong group of volunls&r$ working in..
Fundraising- mainty helping al events.
Physiotherapy- helping and supporting Ihe Professional Physiotherapists.
Board of Trustees- providing scrutiny. oversight. advice. guidance. and strategic d1￿Ction.
so, we have volunleers helping wlh carpentry. gardening. od¢*Jobs and building maintenan¢è.
Publlc B¥n¥llt
The charity trustees conslder that th6y have comFlied ￿￿h Ihtslr duty In sectk)n 17 of the charfl￿s Act 2011 to
have due regard to public benefit guidance published by the Charity Commission and that the benefits that the
charity provides are not Unreasonab￿ restn'cted.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
Achievements in 2022-23
1. A greater focus on diversty and indus*)n beginning a Trustee Workshop session on the theme of
Do I belong?". Achieved
2. A major investment and diversthcation wth Design and PrinL A new laser cutter is being purchased to
open a range of new products and design solutions for custom. Achieved
3. We continue lo develop our outdoor space to maximise wellbeing individualty maintained and
designed Mini￿aTden￿p1￿nters. AGhiev8d
4. For our staff team we are mindlul of the cost of h.ving uisis and commft to being as responslve as
possible to ensure our team are retained and are able to have thriving lives. Achieved
S. Continue to strengthen and diversrfy our suppNt offeriThJs for mental health improvement and general
wellbeing. Pilales. art therapy and yoga featu￿ as new elements in the plan for the year ahead.
Achieved
6. We p18n lo extend our ran9* ol support by d*veloping gfOUPS that 8r¥ Ihemed around those nwly
diagnosed, or new parents, siblings and those considering having a famity. Achieved
7. Introduce new services suth as manual tymphalic drainage and podiatry. N8w footcare service
established. No progress with manual tymphatic dr8inag8 provisw.
8. Explore the provision of a¢¢$$sible accommodation near lo the NMC. Whllst this ￿m91n$ finnly In our
plans. w& hav8 done only very ljmited wortr to pro9￿$$ il in lh& pasl year
Fundralslng perforniance
Trust and corporate incorne £353k
Cornrnunity donations £157k
Events income £63k
Slalulory in¢ome £490k
Design+Prinl income É98k
Flnanclal r•vl•w
Nmc's financial perfomian¢e h8$ been sali$f8dory as we ￿ntinUe lo build back po$1-pandem￿..
The NMC has some assets in the lom of the buildin9 it has on land beased from Cheshire West and
Chester Council but no up to date valuation is available.
NMC holds no other subsiantial asset beyond ils minibuses. day to day office, physio and IT equipment.
NMC has consistenty mainlained lolal unrestricted ￿SelveS al 3 month running costs throughout
2022-23.
Rg$erv•$ policy
NMC recognises thè noed to build and maintain adequatè resewves, to ensufe that the charity has 8 financial
buffer proportionate to rts nomial scale of operations. In doing so. this ¥wll reduce the financial risk to the charity
and help ensure that its services are sustainable.
The policy sets out a goal of staying above the folhjwing thresholds..
1. A minirnum amount of total unrestriLled resewves of £250.rA)o
2. A minimum amount of nel current assets of £130,l￿ of which cash and marketable invesbnents must not be
less than £90,000
The overall totsl is equivalent lo approxirnatety 4 rnonlhs of annual spend and approxirnatety 6 months of annual
payroll. The Trustees believe th* this is a reasonable and proportionate "buffer. to retain against the risk of
unseen probletns.
The current reserves level is £1,283,781, wth free reserves being £545,084 and restricted reserves being
£11,150.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
Risk management
A register of risks is maintained and reviewed regularty by the Trustees.
The folltswing risks have been identthed as the most signthcant for the tharity."
Financial sustainability.. recognising thal maintaining income levels is essential to the charty's financial
sustainability. The charity continues lo monitor the risks assoaated with its diverse voluntary income
streams
Reputation and brand.. the chanty monrlors the risks associaled with all aspects of reputation 8nd h8s
pul in place strate9ies to reach and enga9e wrth beneficiaries and other organisations.
Recruitment and retention ol staff". the tharity aims to be an organisation where staff are supported and
developed and wttere employees have a sense of fuffilmenl. During the year all managers participated in
a bespoke management development programme to extend Iheir skills.
Plans for 2023-24
1. Following the pandemic and 8 lot of staff changes. we WIN give focus lo developing and cons01idats.ng the
new young team members we n¢)w have. We will seek to encourage mentoring. We wll 5e&k lo
strèn9thÈn the youthlexperiÈn¢è balance.
2. Following the death of the pi¥otal leader of NMC D*S￿n+print in 2022 w& wll seek to r&bulld,
restructure, and refocus the soaal enterprise for a thriving fu1u￿.
3. Succession planning for long service senior staff is a key priorty in the coming year.
4. Explore the provision of accessible accommodation near to the NMC.
5. Continue to develop and exploil the opportunities provided to NMC Deswn+Print following the
investment in the Laser cutterlengraver.
6. Hold special events and make Invè$tmenls in key pèrsonnel lo help the NMC community tackle the
personal post-pandemic challenges. These include issues of housing, employment, support, physical
and emotional heahh.
7. Improve outdoor accessibilty onsite. This indudes ￿layIng the car park and re-furbishing and extending
accessible paths and boardwalks.
8. Develop a new Fundraisin9 Stralegy to rtrflect ¢h8nges in souety, the m8rktrtpl8¢e for #vèn18, our
changed capauty. and the end of our long wnning S￿'rIt of Christmas fundraising ev¥nl.
Structur•, gov•mane• and manag•m•nt
The Neuromuscular Centre INMCI is a registered Charity. inCo￿orated as a company limrted by guarantee. The
charity registration nurnber is 10236[￿ and the company registration number 1$ 2806607. The NMC h8$ a wholly
owned dormant subsidiary, NMC Trading Limited.
The trustees. who are also the directors for the purpose of company law, and who served during the year We￿..
G Edwards
M Hawes
A Jeffs
l Martin
D Okell (Chairl
M Robert$ (not a director)
W Stothart
S Monteiro
W Duckworth
R Diaz
(Resigned 28 April 20221
IR•si9nèd 13April 2023)
Appointment gf tru¥te
The charty appointed rts Board of Trustees from 1 April 2012. As vacanaes arise new Trustees are appointed.
Trustee Inductlon and tralning
Newly appointed trustees receive comprehensive induction induding training on their duties and responsibilrties
under company and charity law and also an induth'on into the aciNitses. operational plans and financial
perforTh8n￿ ofthe chartty.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
Organisation
The Board of Trustees is ultimatety responsible for the rnanagernent of the Neuromuscular Cenlre. The Board will
meet quarterfy. A Chief Executive. vthh delegated authority. is appointed by and accountable to the trustees for
managing the day-t(￿daY operations tsfthe NMC and the delivery of operational plans.
The remuneration arrangements lor all staff are reviewed annual￿ by the Chair of Trustees and Chief Executive
having benChma￿ed pay levels in the ￿levant employmenl roles and seclors and mindful of changes lo the UK
cost of living indices. The Tnjstee Board approve the overall remuneration seiUement as part ol the annual
budget setting.
Audltor
In accordance with the companls articles. a resdution proposing that be reappointed as auditor of the
cornpany will be put at a General Meeting.
D1$c1￿Ul0 of Inforniotlon to oudltor
Each of the trustees has confirmed Ihat there is no information ol which they are awa￿ which is relevant to the
audit, but of which the auditor is unaware. They have lurlher confimed that they have taken appropriate steps to
identify such relevant informatson and to e8tablish thal the audrtor 15 8W8re of such information.
Small company provl•lon$
Thls report has been prepared In accortlance vAlh Ihe speaal provis¥)n$ relatlng to small companles wlthln Part
15 of the Companies Act 2006.
On behalf of the board of Irustee
D Oko11 (Chalrl
Trustee
Dated..

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2023
The trustees. who are also the directors ol Neuromuscular Centre for the purpose of company law. are responsible
for preparing the Tru5tees' Report and the accounts in accordance with applicable law and United Kingdom
Accounting Standards Iunited Kingdom Generalty Accepted A¢￿unty'ng Practice).
Company Law requires the trustees to p￿pa￿ accounts for each financial year which gNe a true and lair view of
the state of affairs of the charity and ol the incoming resources and applicatson of ￿SoUrceS, induding the income
and expenditure, of the charitable company for that year.
In preparing these accounts. the Iruslees are required to..
select suitable accounting policies and Ihen appty Ihem consistenty-.
- obsetve the methods and principles in the Charrties SORP-,
- rnake judgements and estsmates that are reasonable and pwdent..
$tsle whether applicable UK A¢¢ouniing Stsndards havtr been followed, subjod lo any materi81 dtrp8rture8
disclosed an¢J explained in the a¢¢ounl$", ana
prepare the accounts on the going concem basis unless it is inappropriate to presume that the charty will
continue in operation.
The Iru8lee8 are responsible for keeping 8dequale •c9￿￿ting records that disc*)$e with reasonable accuracy al
any time Ihtr financial posits'on of the ¢harrty and enablè Ih&m lo ensure that the a¢¢ount$ ¢omply with the
Compani¥$ Act 20Cfj. They are al$0 r¢$ponsibl& for $af¢guarding the a$$ets of the charity and hence for taking
reasonable steps for th8 prevention and detec1￿) ol fraud and othèr Irregulanties.
The trustees are responsible for the mainlenanrE and inlegrity of ihe tharity and financial infomwtion included on
the charity's website. Legislation in Ihe United ￿'ngdorn goveming the preparation and disseminalion ol financial
slalemenls may drffer Irorn legislalion in otheriurisdictions.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF NEUROMUSCULAR CENTRE
Opinion
We have audited the financial statements of Neuromuscular Centre (the 'charty'l for the year ended 31 March 2023
which comprise the statement of finanaal activrties, the balance sheet. the statement ol cash flows and notes to the
financial statements, including significanl accounting policies. The ffinanaal reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounts'ng Standards. includin9 Finanaal
Reporting Standard 102 The Financial Reporting St8nd8rd 8ppIic8ble tin the UK and Republic of lTrland (United
Kingdom Generally AvEpted Acwunting PiaGti¢el.
In our opinion, the financial statements".
give a true and fair view of the state of Ihe tharTt8ble coryany's affairs as al 31 March 2023 and of ils
incoming resour¢es and application of resources, induding rts income 8nd expendr(ure, for the year then
ended",
have been property prepared in acKordance wth United Kingdom Generally Accepted Accounting PraCts.￿..
and
have been prepared In accordance wrth the requirements of the Companies Act 2006.
8a818 for oplnlon
We conducted our aufjlt In a¢¢ordan¢e wilh Intemalional Standafd$ on Auditin9 IUKI IISAS IUKII and appll¢abl$
law. Our résponsibilities under those standards are further desuibed in the Audiloffs msponsibililies for the &udit ol
the financial stgtemenls secth)n of our report. We are independenl ol the charity in accordance wrth the ethical
requirements that a￿ relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our olher eth￿￿1 responsibililie5 in accordance wrth these requirements. We believe
that the audit evidence we have obiained is suffirient and 8ppropri8te to provide a basis for our opinion.
Con¢lu¥lon$ r*l•tlng io golng ¢on¢em
In auditing the financial statements. we have concluded thal the trustees, use of the going concem basis of
accounting in the preparation of Ihe financial slatemenls is appropiiate.
8ased on the work we have perfomied. we have not identrfied any material uncertaSnties relatlng to events or
conditions that, individually or collective￿. may cast Slgnificanl doubl on the charity's ability to continue as a going
concern for a penod of at least Iwefve months from when the finanaal statements 8re authorised for issue.
Our responsibilities and the responsibilities of the tnjstees wth respect to going concem a￿ described in the
relevant sections ol this report.
Othèr Infomiatoon
The other information comprises ihe information included in the annual report other than the finarcial statements
and our audi¢orfs report thereon. The tru51ees are responsible lor Ihe other infornialion contained within the annual
report. Our opinion on the fin8ncial statements does nol co¥er the other information and. except to the extent
otherwise explicitty stated in our report, we do not expiess any form of assurance conclusion thereon. Our
responsibility is to read the other information and. in doing so, consider whether the other Information is materially
inconsistent wrth the financial statements or our k￿th￿edge obtained in the course ol the audrt, or othetwise appears
to be materialty misstated. If we identify such material inconsistenues or apparent material misstatements, we are
required to delemiine whether Ihis gives rise to a material misslatemenl in Ihe financial Statements themselves. 11.
based on the work we have performed. we condude that Ihere is 8 rnaterial fflis5tatemenl of this other infomiation.
we are required to report that fact.
We have nothing to report in this ￿gard.
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion. based on the work undertaken in the cou15e of our audtL
the inforrnation given in the trustees. report for the financial year for which the financial ststements are
prepared. which includes the directors, rew)rt prepared for Ihe pufposes of ￿MpanY law. is consistent with the
rinancial statement5." and
the directors, report induded within the trustees. report has been prepared in ac£ordance wth applicable legal
requirements.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NEUROMUSCULAR CENTRE
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the
audit, we have not Identified material misstatements in the directors. report induded wrthin the trustees. report.
We have nothing to report in respect of the followThJ matters in relation to which the Companies Act 2006 requires
us to report to you rf. in our opinion..
adequate accounting records have not been kept. or retums adequate for our audrt have not been received
from branches not visbted by us., or
the financial statements are not in agreement vAth the accounbng records and relums,. or
certain disclosures of truslees. remuneralion speuffied by law are not made.. or
we have not received all the infomation and explanations we require for our audit," or
the trustees were not enti¢led to prepare the financial ststements in accordance wrth the small companies
regime and take advantage of the small comp8nies' exempbons in preparing the trustees, report and frorn the
requirement lo prepare 8 $tr8legi¢ rewjrt.
R••pon•lbllltl•s ol tru8té•s
As explained more fully in the statement of trustees. responsibililies. Ihe twstees. who are also the directors of the
charity for the purpose of company law. are responsible lor the preparation ol the finanryal stslemenls and for being
satisfied that they give a true and lair ¥iew. and for such intemal control as the Iruslees delemine Is necessary to
enable the preparation oi financial statements that are free from matenal misslalement, whether due to fraud or
error. In preparing the financial slalemenls. the Iruslees are responsible for assessing the charity's ability to
continue as a going con￿m, disdosing. as applicable. matters relaled to going concern and using the going
concern basis of accounting unless the trustees erther intend to liqU￿ale the charitable company or lo cease
operations, or have no ￿811$b¢ 8Nem8twe bul tts do so.
Audltorf$ rnspon$lbllbll¢$ lor th• audlt of th• finan¢lal $tst¢m*nt•
Our objectives are lo obtain reasonable assurance about whelher the financial staternenls as a Who￿ are free from
material misslalemenl. whether due to fraud or error. and to 155ue an audito¢s report that includes our opinion.
Reasonable assurance is a hi9h level of assur8n¢e but is nol a guarantee Ihat an 8udil conducted in 8¢¢ord8n¢e
with ISAS IUKI will always deted a material mis$tslem¥nl when il exists. Mis$tslemenl$ ¢&n arise from fraud or
error and are considered material if. IndNidually or in the aggregate, they could reasonabty be expected to influence
the economic decisions of users taken on Ihe basis of these financial statements.
The extent to which our procedures are capable of detecting iThegularities. induding fraud, is detailed below.
Our approach to identifying and a5ses5ing Ihe risks of material mi5slalemenl in respecl of irregularities. induding
fraud and non-compliance with laws and regulations. vfds 85 19ll¢)ws'.
the engagement partner ensured thal the engagement leam collectivety had the appropriate competen￿.
capabilities and skills lo identify or recognise non-compliance wilh applicable laws and regulations..
we identified the laws and regulations applicable lo the company through di5CUS5ions wrth director5 and
other rnanagemenl..
we ft>cused on specific laws and regulalions which we cOns￿ere￿ may have a direct material effect on the
financial statements or the operations of the company. induding the Companies Act 2006, taxation
legislation and data protection, anb-bribery. employment and health and safety legislats"on',
we assessed the extenl of compliance with the laws and regulations identified above through making
enquiries of managernenl and inspecting legal correspondence.. and
identrfied18ws and regulations were communicated wilhin Ihe audit team regularfy and Ihe te8m remained
alert to instances of non-wmpliance throughout the 8udrt.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NEUROMUSCULAR CENTRE
We assessed the susceptibility of the company's financjal statements to material misstatement. including obtaining
an understanding of how fraud might occur. by..
mak1ng enquiries ol management as to where they considered there was suscepts"bilrty to fraud, their
knowledge ol actual, suspected and alleged fraud", and
considering the intemal contrds in pla￿ to mwale risks of fraud and non-cLJmpliance with laws and
regulations.
To address the risk olfraud through management bias and override of controls, wè."
performed anatytical procedures lo ￿entIfy any unusual or unexpected relationships;
tested journal entries to identify unusual transactions..
assessed whether judgements and 8ssurnplions made in delermining the accounting estimates were
indicative ol potential bias, and
in¥estigated the rats"onaltr behind Signikant or unusual transa¢tKJns.
In response to the risk of I￿gUlaritIeS and non-Compl￿nCe wilh laws and regulations. we designed procedures
which included, bul were not limited to..
agreeing fin8n¢ial $18lernenl disckisures lo undertying SUPPOrting of do¢umenl8lion',
reading the minutes ol meetings of those charged wlh govemance". and
enquiring management a$ lo adual and polentsal litsgatson and claims.
There are inherent limitations in our audrt procedures described above. The more removed that laws and
regulations are from financial transactions. the less likety it is thal we would become aware of noTrcompliance.
Auditing standards also limit the audit procedures required to identify norrfompli8nce with laws and regulations lo
enouiry of the directors and olh&r man8gement and the inspedion of wulaiory and legal ¢orr&spond&n¢e, rf any.
Material mlsstatements that arise due to Iraud can be harder to detect than those that arise from error as they may
involve deliberate concealmenl or colusion.
A fvrther descripbon ol our responsibilitses is available on the Financjal Reporb'ng Council's website al.. https.'Il
www.Ir¢.org.uklauditor$responsibilititrs. This desuiption foms part of our auditorfs report.
Other matters
Thls report is made solety to the charitable company's members, as a body, In accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit woth has been undertaken so that we M￿hl state to the charitatAe company's
mernbers those matters we are reqUI￿d lo slale to them in an auditorfs report and for no other purpose. To the
fullest extent permitted by law. we do not accept or assume responsibility lo anyone other than the charitable
company and the charitable company's members as a body. lor our audil work. for Ihis report, or forthe opinions we
have formed.
l￿(￿ (LWJ
Louisè Casty ACA Istnior Statutory Auditor}
for and on behalf of 8WM
2.*0￿2023
Chartered Accountants
Statutory Audltor
Suite S.1
12 Ttheb8m Street
Liverpool
L2 2DT

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Currant fftnanelal yèar
Unrestricted Restricted
funds
funds
2023
2023
Total
Restated
Total
2022
2023
Notes
Donations and legacies
Chaiitable activities
Fundraising events
Investments
Other income
313.740
585,132
62.525
2,107
196,525
510.265
585,132
62.525
2,107
148
417,780
491,070
46,106
232
887
Totsl Incomg
3,652
196,525
1,160,177
956,075
Raising fund5
Chorltable activlties
145.157
784,511
145.157
976,191
116,495
845,283
191,880
Total •xp•ndltur•
929,e88
191,880
1,121.348
961,758
Nèt mov•m•nt In lund•
33,984
4,845
38,829
15,8831
R•conelllatlon of lund•
Fund b818nces al 1 April 2022
1,238,647
6,305
1,244,952
1,250,835
Fund balanc•• at 31 March 2023
1,272,631
11,150
1,283.781
1,244,952
The 818lement olfinanial adivilies indudes all gains and losses recognised in the year.
l income and expenditure derive from continuing aclivib"es.
The movement in funds detailed above complies wrth the requirements for a statement ol changes in equity under
FRS102.
The statement of financial activrties also r￿phe3 with the requirements for an income and expenditure account
under the Companies Act 2006.
10-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Prlor Ibnanclal y•ar
Unrestricted Restricted
funds
funds
2022
2022
Total
2022
Note•
Donations and legacies
Chaiitable activities
Fundraising events
Investments
Other income
343,786
491,070
46.106
232
73.994
417,780
491,070
46,1 (
232
887
Totsl Incomg
882,081
73.994
956,075
Raising fund5
Chorltable activlties
116,495
750,121
116,495
845,263
95,142
Total •xp•ndltur•
868,816
95.142
961,7S8
Net movement In funds
15,465
121.1481
15,6831
Reconclllatlon ol funds
Fund balances al 1 April 2021
1,223,IB2
27,453
1,2SO,635
Fund balanc•8 at 31 March 2022
1,238,647
6.30S
1,244,952
The statement of financlal activities indudes all gains and losses recognised in the year.
l income and expenditure derive from continuing activities.
The movement in fund5 delailed above complies with the requiremenis for a statement ol change5 in equity under
FR8102.
Thè statement of financial activ￿"eS also complies wth th& requirements for an Income and expenditure account
under the CompaniesAct 2006.
11

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT31 MARCH 2023
2023
2022
Notès
Flxed assets
T8ngible assets
Investments
14
15
727.538
657,272
727.547
657,281
Currgnl a$$gts
Debtors
Cash at bank and in hana
18
179.277
$29,824
139,954
537,853
709,101
677,807
Llabllltle8:
Creditors.. amounts falling due within one
year
19
1152.8671
(90.1361
Nel current assets
556.234
587,671
Total net a$s¢ts
1,283,781
1,244,952
The funds of the charfty..
Rèstricted funds
22
6,305
Unrestricted funds
Unr&$tri¢led funds repre$¢nled by fixed assels
Free reserves
727,547
545.084
657,281
581,366
General unrestricled funds
1.272.631
1,238,647
Total unreslricted funds
1,272.631
1,238,647
Total charty lund$
1,283,781
1,244,952
These financial statements have been prepared in accordance ￿1h the provisions applicable lo companies subject
lo the small wmp8nies regime.
The financial statements were approved by the trustees and authorised for issue on .
on its behalf by..
and are signed
D Okell I
Trustee
Company Registration No. 2808607
12-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Not•s
Cash flows from operatlng actlvltleg
Net cash piovided by oper8ts'n9 adivhlies
27
84.129
138,7951
Cash flows from Investlng actlvltl•s
Purch8se of tsngible fixed assets
Interest recewed
194.264
2.107
232
Net ca8h Iu8ed Snvgenerated from
Investing activities
192,157
232
Net decrease In cash and cash equIVa￿nIS
18.0281
138.5831
Cash and cash equivalents al beginning of year
537,853
576,417
Ca8h and ea8h oqulval•nts at •nd of yèar
529,824
537,853
13-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
Charity inforrnation
The Neuromuscular Centre is a private company limrted by guarantee incorporated in England and Wales an(J
a charity registered with the Charity Commission for England and Wales. The registered office is Woodford
Lane West. Wn5ford. Cheshire. CW7 4EH.
1.1 Aetountlng eonvèntlon
The financial statements have been prepared in accordance with the charity's Memorandum and Artic￿$ ol
Association. the Companies Act 20C6. FRS 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" I'FRS 102"18nd the Ch8ribe5 SORP "Accounting and Reporting by Ch8rits'es.' Slalement
of Recommended Practice applicable to tharitie5 preparing Iheir accounts in awrdance with the Fin8n¢i31
Rèporting Standard applicable in the UK and Republic of Ifeland IFRS 1021. (effective 1 January 20191. The
¢harlty Is a Publi¢ Benefit Entty as t1•fined by FRS 102.
The accounts are prepared in slerfing, wh￿h is the functional currency of the chanty. Monetary amounts in
these financial statements are rounded to the nearest £.
The accounts have been prepared on Ihe hi8towi¢81 ¢081 ￿n¥ents0n. The prin¢ipal a¢¢ounting poliatts
adopted are sel out below.
The flnancial statements do not Incorporate the fesuhs. assets and Ilabilities ol the charity's tholly owned
subsidiary, NMC Trading Limtted. Consolidated accounts have not been prepared as these would not be
materially diffe￿nt from the single entity financial statements as presented. The subsidiary ceased to trade on
1 April 2012 and has rernained dorniant throughoul Ihe period.
1.2 Golng concem
At the time ol approving the accounts the Trustees have a reasonable expectation that the charity has
adequate resources to continue in operabonal existence for the foreseeable future. Thus, the Trustees
continue lo adopt the'going concern, basis of accounling in preparing the accounts.
1.3 Charttable funds
Funds held by the ¢harity are..
Unrestricted general funds- these are funds which can be used in accordance wth the charitable objects at
the discretion of (he trustees, with due regard lo the reserves policy as described in the Trustees. Report.
Designated fvnds- these are funds set aside by Ihe Iruslees oul of unrestricted general funds for specific
future purposes.
Restricted funds are funds which are to be used in accordance wth specthc restrictions imposed by donors or
which have been raised by the chanty lor part￿ular purposes. The aim and use of each restricted fund is set
out in the notes to the finanaal statements.
14-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
A¢coun¢ing policies
(Continuedl
1.4 Income
l inwme 15 induded in the Ststement of Financial Activit￿5 when the charity is legalty entsued to the income
and the amount can be quantified with reasonable accuracy.
Income from donations and grants, including capital grants. is induded in income when these are receivable,
except as follows..
Vvhen donors specrfy that don8tion8 and grants given to the charty must be used in f(rture accounts'ng
p&riod$, the income 1$ deferred unbl thos& pewiod$.
Vvhen donors impose con¢Jitions which have to be fulfilled before the charity becomes entrtled to use such
income. the income is deferred and not induded in income until the preconditions for use have been met.
Incorne is deferred only when the charty has to fu￿1 condrtions before becoming entrtled to it or where the
donor h85 5perified ¢hat the incorne is to be expended in a future period.
When donors $pècfy that donatlons and grants, Induding ¢aprtal grants. are for particular r•strfeted purpo$e$,
which do not amount to preconditions regardin9 entitlement, Ihis income is induded as restrlcted funds when
receivable.
Voluntary income includes discret￿ary grants for projects. goods and services where no service agreement
or contra¢1 exists.
Olhtrr grants, which have particular $&IV￿ r•quirem&nts and which 8fg provided in 8¢¢ordgn¢e with a
contract or service level agreement 8re induded in the Ststement of Finanaal Activities under the he8ding
Charitable Activities.
Interest is induded when receNable by Ihe charity.
1.6 Expendlture
Expenditure rellects all amounts paid and acuu¢d during Ihe y&ar. Expendilui¥ induOe$ any VAT which
cannot be fully recovered. and Is reported as part of the expendrture to which it relates. All costs are allocated
befvleen the expenditure categories ol the Siatement of Finanual Activities ISOFAI on a basis designed to
ect the use of the resource.
Raising funds
Thèse represent Costs incurred in seeking voluntary contiibulions and not indude the ¢o$ts of
disseminating infomiation in support tsl the charrtable athNrties.
Charitable expenditu
Charitable expenditure comprises those cosls lnuj￿d by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs that can be allocated directty lo such activities and those
Costs of an indirect nature necessary to 511PPOrt them. Support costs are allocated across the activities on the
b8515 of expenditure in￿rrell lor e8th 01 the actiwties.
Govemance cosls
These represent costs assoc3ated with meeting the constitutional and statutory requirements of the charity
and indude the audit fees and costs linked lo the strategic management of the charity.
15-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
A¢coun¢ing policies
(Continuedl
1.6 Tanglble flxed assets
Tangible fixed asset$ are initialty measured at wsl and subsequenty measured at CQ5t or valu8tion. net of
depreciation and any impairment1055es.
Individu81 fixed assets costing £1.0￿ or more are capitalised at cosl. induding any expenses of acquisition.
Depreciation is provided at rates calculat8t1 to write Off the cost lè$$ estimated rèsidual valuè ol ea¢h assèt
over its expected useful life. as follows..
Short leasÈhold propèrty
Fixtures. fittings & equiprnenl
Straight linè basi$ ovèr thè life of the leas&
Straight line over 4- 5 years
The galn or loss arising on the disposal of an asset is detem)ined as the difference between the sale
proceeds and the carrying value ol the asset. and is recognised in the statement of financial aclivits'es.
1.7 Flx•d asg•t Inv•stm•nts
Fixed asset investments are ststed at cost less provision for diminut•)n in value.
1.8 Impalrnient ol Ilxed assets
At each reporting end date. th¥ ¢harty revièws the ¢arrying amount$ of it$ tangible 8$$ets lo detèmine
whether there is any Indicabon that those assets have suffered an impaimenl loss. 11 any such Indration
exists, the recoverable amount of the asset is esbmated in order to deterniine the extent of the impaiment
loss lif any).
1.9 Cash and ea8h équlval•nts
Cash and cash equiv8lenls indude cash in hand. deposits held at Ca￿ wrth banks, other short-term liquid
investments wlh ori9inal m8lurities ol three months or less. and bank overdrafts.
1.10 Flnanelal In8trum•nts
The charity has elected lo appty Ihe provisions of Seclion 11 'Basic Financial Inslruments, and Section 12
'Other Finan¢i81 Instruments Issues. ol FRS 102 to 811 of its finan¢i81 instruments.
Flnancial Instruments arè recognised in th6 ch8nty's balan￿ sheet wh6n the charity becom&s patty to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. wlh Ihe nel amounls presented in the financial staternents, when
there is a legally enforceable right lo sel off the recognised amounts and Ihere is an intention to setue on a
net basis or to re81ise Ihe 85set and sellle the liability simulianeousty.
Basic financffal assèts
Basic financial assets. which indude deblors and cash and bank balances. are initialty measured at
tr8ns8Ction price including transadion cost$ and are subsequentty c8rried at arnortised Gost using the
effective interest method unless the atrangetnent consb"tutes a finanung trdnsaction. where the transaction 15
measured at the present value of the luture receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amorbsed.
16-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
A¢coun¢ing policies
(Continuedl
Baslc flnanclal Ilabllltl•s
B8sic financial li8bilities. including rJeditors and bank loans ale initialty iecognised at transaction prioe unles5
the airangetnent constitute5 a financing transaction, where the debt instrument is measured at the prEsent
value ol the future payments discounted at a market rate of interest. Finanual liabilrties classified as payable
wbthin one year are not amortised.
Debt instruments are sub5equentty carried at amortised c4JsI. using the effective Inte￿$t rate method.
Trade creditors are obli9alions to pay for good$ or 5ewvi¢£s that have been acquired in the oidinary coursè of
operations from suppliers. Amounts payable arè cjassified as cunent liat>ilth"es if payment is due within one
year or less. 11 not, they are presented as non-currenl liabilrties. Tfade credrtors are recognised Initially at
tranSact￿Th price and subsequentty measured at amortised cost using the effective interest method.
Dfrrncognition ol financifil liabilities
Flnancial Iiabililies are dere¢ognised when the ¢harity'$ ¢onlrathal obligatlons explr& or are 4l$¢hgrge¢ or
cancelled.
1.11 Employee benefit8
The cost ol any unu$&il hol￿9Y &ntffj&menl 1$ recogni$8d in th¢ ￿riod in vthi¢h lh& employ￿.$ $&rvlc¥$ aro
received, rf material.
Termination benefits are recognised immediatety as an expense vthen the tharity is demonstrably committed
lo terminate the employment of an employee or to provide terminalion beneffts.
1.12 R•iir•moni hntrfits
The charity offers defined contribution penS￿n arrangements to an employers, portable scheme.
Contributions are charged in the financial statements as inCur￿d.
1.13 T¥xatlon
The charity beneffts Irom vafiOUS exemptions from taxation afforded by tax legislation and is not liable to
corporation tax on incorne or gains falling wilhin Ihose exempbons. Recovery is rnade of tax deducted from
qualfying income and frorn receipts under Gift ￿'d.
Thè charity is also ablè to partialty recovèr Valuè Added Tax. Ex￿ndItUr& that is not recoverablè by tha
ch8nty is recorded In the accounts inclusive olVAT.
crttlcal accoundng estlmates and judgements
In the application ol Ihe charity's accounling poli￿e$. the truslees are required to make judgements. estimates
and assumplion$ aboul the rarying amounl of assets and liabilitie5 ihat are not readity apparen¢ from other
source5. The estirnates and a550ciated a55umption5 ale based on histOriG41 experienc£ and other fact(X5 that
8r6 considered to be relevant. Actual iesutts tnay differ from these ests"tnates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised Whe￿ the revision affects cnly that
period. or in the period of the revision and ftrture perHKls where the revision affects both current and future
periods.
17-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Donations and legacies
Unrestricted Restricted
funds
funds
Totsl Unrestricted
funds
Re51aled
2022
Restricted
funds
Tot81
2023
2023
2023
2022
2022
Donations and gifts
Grants re¢eiv8bl•
313,740
1￿,s25
510,265
308,442
35,344
73,994
382,436
35,344
313,740
196.525
510,265
343,786
73,994
417,780
Don•tlon¥ #nd glft$
Community donations
Trust and corporate
dongllons
157.159
157.159
129.009
129,009
156,581
196,525
353,1
179,433
73,994
253,427
313,740
1*,S25
510,26S
308,442
73,994
382,436
Grant8 rne•Svablè for
eor• aetl¥ltl•8
Job Retention Scheme
35,344
35,344
35,344
35,344
Fundralslng events
Unr¢itrl¢ted Unreslricled
fvnds
nds
2023
2022
Fundraising events
82,525
46,106
18-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charitable activities
unT￿trIct•￿ Unrestrictod Unrestrictod
lun
lund$
Unrestsictgd
fundg
Phy8lotr*Apy
Supportln9
oftwk)ym•nt
Total
2023
Totsl
2022
In¢ome within charitable activities
489.1(
96.026
585,132
491,070
For th• yèar •nd•d 31 March 2022
Phy¥loth•r•py
$ypportlng
•mployrngnt
Totsl
Income within charitable actNrties
378,391
114,879
491,070
Analysis by fund
Unrestricted funds
376,391
114,679
491,070
Investrnent¥
Unr•8trlet•d Unre$lri¢l¢d
funds
nds
2023
2022
Interest receivable
2,107
232
Other Income
Unrestrlcted Unrestricted
funds
funds
2023
2022
Other income
148
887
Other income of £14812022.. £8871 relates to a Feed4n Tariff {FITI payment ￿￿1Ved from the charity's energy
provider.
19-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Raising funds
Unrestricted Unreslricled
funds
fijnds
2023
2022
Prornotitsn
Staff costs
Sharè ol support ¢osts l$¥e nol¢ 10)
57,653
84.477
3,027
38,580
74,301
3,614
145,157
116,495
-20-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Charitable activities
Physiotherapy Advocacy Supporting
and care employrnent
support
Training
Total
2023
Total
2022
Stsff costs
283,329
76.432
36.466
14.526
410,753
353,205
sha￿ o15UPPOrt costs
(see note 101
Share ol governance
costs Isee note 101
86,762
323,198
114.399
28,927
553,286
483,514
3,038
3.038
3.038
3,038
12,152
8,544
373.129
402.668
153.903
46.491
976,191
845.263
Analy¥l¥ by fund
Unrestricted funds
Reslri¢t¥d fvnds
325.693
47,436
258.424
144,244
153.903
46.491
784,511
191,680
373,129
402,688
153.903
46,491
976,191
For Ihe ytr•r •nd•d 31 Mor¢h 2022
Phy•k•th•rnpy Ad¥o¢4ey Supportlng
and ear• employment
•upport
Trnlnlng
Total
Staff eosts
216,684
76,824
45,450
14,247
353,205
Share ol support costs1$¥g nol¢ 10)
Share ol governance costs (see r￿te
78,456
255,461
130,353
19,244
483,514
101
2.136
2.136
2,138
2,138
297,276
334,421
177,939
35,627
B45,263
Analysis by lund
Unrestricted funds
Restricted funds
289.986
7,290
246.569
87,852
177.939
35,627
750.121
95,142
297,276
334,421
177,939
35,627
84S,263
21

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
10 Support costs
Support Govemance
costs
costs
2023
Support Governance
costs
costs
2022
Staff costs
Depreciation
utilities and
communications
Travel
Printing
Maintenanc8
Insurance and general
expenses
242,558
23.999
242,558
23.999
232,871
19.794
232,871
19.794
30,527
23.325
82.451
43.297
30,527
23,325
82.451
43,297
19,853
17.375
85.595
50.788
19,853
17,375
85.595
50,788
110.156
110,156
60,852
60,852
Audit lee$
Accountancy
Legal and prof8s$lonal
4,030
2.270
5,852
4,030
2.270
5,852
2,700
1.980
3,864
2,700
1.980
3,864
SS8.313
12.152
568,465
487,128
495,672
Analysed be￿en
Fundraising
Charitable actNits'e6
3.027
553.286
3,027
565.438
3,614
483.514
3,614
492.058
12.152
556.313
12,152
568.465
487.128
495,672
Support costs are allocated on the basis of time spenvusage.
Governance costs are splil equalty betsveen activrties.
11 Tru¥t¢
None of the trustees lor any persons connected with them) received any remuneration during the year12022.'
£nill and no trustees were reimbursed expenses12022'. none).
12 Audltorfs remuneratlon
The analysis of auditorfs remuneration 13 83 follows-
2023
2022
Fees payable to the company's audrtor for thè audrt of lh& company's annual
accounts
4,030
2,700
l other non-audrt services
2,270
1,980

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
13 Employees
Nurnber of employees
The average monthty number of employees during the year was-.
2023
Number
2022
Number
Charitable 8ctwitL'es
Fundraising
Adminislr8ts'on
28
27
31
Employm•nt ¢0818
2023
2022
Wages and salaries
Soaal secunty costs
Other pension costs
627.138
47,291
63.359
571.742
35,173
53,462
737,788
660,377
Redundancy paym&nl$ 01 £17,130 {2022.. £6951 were paia in the year.
There were no employees whose annual remunerat•Jn was £60,0￿ or more12022.' none).
14 Tanglble Ilxed as8•t•
Short
Iv••*hold
pro￿rty
Flxt¥rn•,
ftttlng• &
•4ulpm•Dt
Totsl
Cost
At 1 April 2022
Additions
1.035.041
65,184
248.429
29,080
1.283.470
94,264
At 31 March 2023
1,11X1,225
277,509
1,377,734
Depreclatlon
At 1 Apnl 2022
Depreci8tion charged in the ye8r
380,504
13.994
245,695
10.003
626,199
23.997
At 31 March 2023
394,498
255,698
650,196
Carrying amount
At 31 March 2023
705.727
21.811
727.538
At 31 March 2022
654.538
2,734
657,272
All tangible assets are used in lunclrons of the tharity and are shown at wrrtten down cost. All material assets
are used for direct chaiitable aGtwtties. The leasehold land and buildings ale subject to a le8se that has
re¢enUy been renewed and will expire in August 2077.
-23-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
15 Fixed asset investments
Other
Investments
C￿t or valuation
At 1 April 2022 & 31 March 2023
Carrylng amount
Al 31 March 2023
At 31 March 2022
2023
2022
Other investments comprise..
Notes
Investments in Subs￿lerieS
16
16 Sub8ldlarle•
Details of the charity's subsidiary at 31 March 2023 are as follow5..
N4m• of und•rtoklng •nd ¢ountry ol
Incorporatlon or resldency
N•tur• ot buslno
Clas• of
% H•ld
•hareholdlng Dlrect Indlrect
NMC Trading Limited
England and Donnant
Wales
Ordinary
100.00
Thè 8ggregatè capital and resèrve$ and thè result for the yèar of subsidiaries èxcludèd from consoldatlon
was as follows".
Name of undertaklng
ProllUILoss) Capltal and
Reserves
NMC Trading Limited
-24-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
17 Financial instruments
2023
2022
Canying amount of financial assets
Debt instruments measured at cost
Equity instruments me8sured 81 cost
676,692
662,204
676,701
662,213
Carrylng amount of flnanelal IlabllltSè3
Me83ured al cost
23,210
12.172
18 Debtor8
2023
2022
Amounts lalllng due wlthln on• year:
Trade ¢Jeblors
Other debtors
Prepaym¥nl$ and ac¢rued income
143,631
10,673
24,973
121,113
5,404
13,437
179,277
139,954
19 Cr•dltors'. amounts f•lllng du¢ vAthln on• y••r
2023
2022
Not••
Other taxation and social security
Defèrrèd incom¥
Trade c￿drtOrS
Amounts due to subsidiary undertakings
Accruals
11,842
117,815
16,871
11,628
66,336
8,483
6,330
5.680
152.867
90,136
20 Deferred Income
2023
2022
Total deferred income at 1 April 2022
Amounts received in year
Amount5 Giedited to Statement of fin8nGial athil
66,336
117,815
166,3361
40,794
864
117,815
66,336
-25-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
21 Retirement benefit schemes
Defined contribution scheme¥
The charity operates a defined contribulion pension scheme lor all qualifying employees. The assets of the
scheme are held separatety from those of the charity in an independently administered fvnd.
The charge to the statement of financial acbvrt*s in respect of defined contribut￿n schemes was £63.359
12022". £53,462).
-26-

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NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
23 Analysis of net assetg between funds
Unrtstrlcted Rèstrocted
funds
funds
2023
2023
Total Unrestricted
Restricted
funds
2022
Total
2023
2022
2022
Fund b818nc85 al
31 March 2023
are represented
by
Tanglble assets
Investments
Current assetsllliabilitiesl
727,538
727.538
657,272
657,272
545,084
s￿,234
581,366
6,305
587,671
1,272,631
11,150
1.283,781
1,238,647
6,305
1.244,952
24 Opera¢lng lease commllmen¢s
At the reporting end date the chanty had outstanding commilments for future minimum lease payments under
non-cancellable operating leases, which fall due as lollows".
2023
2022
Wlthin one year
Between an¢J fiv& years
1,196
1,794
1,794
2,990
25 Related party transactlons
Remuneratlon of key management personnel
The remuneration of key managemenl personnel, is as lolh)ws.
2023
2022
Aggregate remuneration
71,3S7
69,930
As at 31 March 2023, there is a credrtor balance O￿n9 lo the Whol￿ owned subsidiary NMC Trading Limited
of £912022.. £91.
There were no other relaled paty transactions.
No guarantees h8ve been gNen or receNed.
-28-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
26 Company limited by guarantee
The Neuromuscular Centre is incorporated under the Companies Act as a company limited by guardnlee. The
li8bility Of the mèmbers is limited to £1.
27 Cash g•norat•d from 0￿ratIOnS
2023
2022
Nèt incomè lor thè yèar las pèr thè ststèmènt offinanual ath"viti"èsl
38,829
15,6831
Adjustments for..
Investment income recognised in ststemenl of finanryal actiwbes
Depreciabon of tangible fixed assets
12.1071
23,999
12321
19,794
Movements in working capitsl..
Ilncreasel In debtors
Increase in credrtors
Increase in deferred incom8
139,3231
11.252
51,479
182,3711
4.155
25,S42
Net ca8h provlded by operatSng actlvltles
84,129
138,79SI
-29-

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