Charlty Reglstratlon No. 1023606
Company Règlstratlon No. 2806607 (England and Wale$)
NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
M Hawes
l Martin
D Okell {Chair to 2 May 2024)
M Roberts (not a director}
W Slolhart
S Monleiro
W Duckworth (Chair from 2 May 2024)
R Diaz
J Haskey
(Appointed 27 July 20231
Chief Executlve
M Lanham OBE
Secretary
B Dale
Charity number
1023606
Company number
2806607
Rcgistered offlce
Woodford Lane Wesl
Winsford
Cheshire
CW7 4EH
Auditors
BWM
Suite 5.1
12 Tithebarn Street
Liverpool
L2 2DT
Bankers
Barclays Bank PIC
21 Dingle Walk
Winsford
Cheshire
CW7 1AG
Nationwide Building Society
5 - 11 St Georges Street
Dougla-
Isle of Ma
IM99 1AS
Sollcitors
Barrow & Cook
5-7 Victoria Square
Sl Helens
Mersèyside
WA10 1HH

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
CONTENTS
Page
Trustees. report
Slalement of trustees, responsibilities
Independenl audltorfs report
statement of financial activities
10-11
Balance sheet
12
Statement of cash flows
13
Notes to the financl81 statements
14-29

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Iruslees present their annual report and financial statements for the year ended 31 March 2024.
The financial slalements have been prepared in accordance with the accounling policies set out in note 1 to Ihg
financial slalements and comply with the charity's memorandurn and articles of asso¢ialion {as amended 17
October 2019), the Companies Act 2006 and "Accounting and Reporting by Charities.. Slalemenl of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Flnancial
Reporting Standard appliGable in (he UK diid ReyuLiliL of llelat￿ IFRS 1021 (effecllve 1 January 2019)"
Objectives and activities
The NMC is the Centre of Excellence for people affected by neuromuscular condilions.
Charltable obJects
The objects of the NMC are to promote and provide opportunities for people with a neuromuscular condilion lo
live fuller lives through training, employment and physiotherapy. together with advice and support for Ihemselves
and their families and carers.
Mlsslon
The NMC'S mission is lo work logelher with people affected by muscle diseases. creating an environment where
full potential and positive wellbeing are achieved. through employment. training, support and physiotherapy.
Alms and activities
The NMC aims to be largely user led and to provide a range of services for people affected by muscle diseasg.
Although service users are predominantly from within a 100 mile radius of Winsford, Cheshire, many allend Ihe
Centre from across the UK and Europe. The range of services indudes:
Physiolherapy assessments
Physiolherapy treatments
Hydrotherapy
Active exercise programm6S
Advice and support
Supporting families in transition
Provide personal care
Support and breaks for carers
Training courses in Graphic Design. Animation, Music and Phot￿3raphY
Other Training courses
Employment opportunities in Graphic Deslgn {in the Socaal Enterprise; NMC Oesign+Printl,
Adminislralion and Fundraising.
Provide transport for Students and Employees io enable maximum independence and opportunity.
The unique combin81ion of services provided by the charity are offered direcuy lo individuals and their families
across the UK. Wher8 practicable. physical management programmes are tailored to the needs of each
individual, depending on their type of dystrophy and physical condition, through regular sessions of
physiolherapy and hydrotherapy. As a 'centre ol excellence. in the physical management of muscular dystrophy
and related neuromuscular conditions. the charity offers help and advic& to other organisations worldwide.
The charity has established a well-respecled graphic design business. NMC Design+Prinl, in whith Ihe variety of
skills and talents of the individuals can be employed, developed and rewarded under both salaried and permitted
work arrangements. The NMC provides wh8elchair-adapled transport for individuals attending the Cenlre.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
NMC strategy for 2024-27
In early 2024 we endorsed our 6 strategic objectives for NMC. These were first develop8d in 2022 and have now
been reviewed. They remain our primary goals-
Objective 1
Provide impactful social and academic opportunilies for our community
Objective 2
Enrich the emotional and physical wellbeing of people affected by neuromuscular conditions
Oblecllve 3
Inspire. infomi, and enable our Community lo make an active contribution to society
Obleclive 4
Uevelop a thorough understanding of people in our community and respond in iailored ways
Objective 5
Run an effeclive and professional organisation with excellent govemance with suslainability al the core
Objective 6
Increase awareness of MD and NMC and increase our influence
Volunteor hglp
NMC has a strong group of volunteers working in:
Fundraising - mainly helpin9 al events.
Physiolherapy- helping and supporting the professional Physiotherapists.
Board of Trustee5 - providing scrutiny, oversight, advice, guidance, and strategic direction.
Also, wè have volunteers helping with carpentry. gardening. odd-jobs and hiiilding mAinlp.n2nftè..
PubliG Bèneflt
The charily Iruslees consider Ihal they have complied with their duty in section 17 of the Charities Act 201110
have due regard lo public benefit guidance published by the Charity Commission and that the benefits Ihal Ihe
Gharity provides are not unreasonably restricted.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Achlevements against our goals for 2023-24
Following the pandemic and a lol of staff changes. we will give focus to developing and consolidating the
new young team members we now have. We will seek to encourage mentoring. We will seek to
strengthen the youlhlexperience balance. A¢hieved- thg team now comprises a highly productivo mix
of youth, erpergy, and experience. There ar8 now good mentors and excellent leadership thmughout.
2. Following the death of the pivotal lèader of NfvAC Dosign4Prinl in 2022 we wll seek lo rebuild,
reslruclure. and refocus the social enterprise for a thriving future. Achieved lo a large degree. Rebuilding
following such a huge loss is nol a swift pmcess.
3. Succession planning for long service senior staff is a kèy priority in the coming year. L8rgelyAchieved. A
key element of this has been the sucGessfvl recruitment ol a new Chief Execulive to replace the current
job holder who is retiring after 19 years in the role. In addilion, we have developed plans for shortgr lem7
and for longer lerm succession for other keyposts.
4. Explore the provision of accessible accommodation near to the NMC. No slgnificanl proLTress on this
issue. 11 remains a goal in our new Strategic Plan for 2024-27.
5. Continue lo develop and exploit the opportLtnities provided lo NMC Design+Print following the
investment in the Laser cutterlengraver. There has been substanlial progress in this ￿gard. More
opportunities are undoubtedly there still to be lapped.
6. Hold special events and make investments in key personnel lo help the NMC community lackle the
personal post-pandemic challenges. These include Issues of housing. employment, support, physical
and emotional health. Achieved
Improve outdoor accessibility onsite. This includes relaying the car park and re-furbishing and extending
accessible paths and boardwalks. Gar park refurbishment complele. Palh improvements still to
omplele.
8. Refurbish the two old bathroomsltoilet lo provide new facilities that incorporate modern design and
maximise opporlunilies for people to be as independenl as possible. The relurbished toilets to also offer
a chance for people to see what might b8 helpful al home. Achieved completely.
9. Develop a new Fundraising Strategy to reflect changes in society. the marketplace for events. our
changed Gapacity, and tho end of our long ruiiriing SpiiÈl uf Cliribliri<lb fuiidraising event. Lots of scoplng
has been undertaken. A new stralegy is emerging birt not yet completed.
Fundraising performancè
Trust and corporate income £177k
Community donations £158k
Events income £73k
Statutory income £614k
Design+Prinl income £101k
Donors lo NMC can be assured that we comply with the regulatory standards for fundraising. The charity
adheres lo the Code of Fundraising Practice in all its fundraising aclivilies. Through this guidance. policies 8nd
working practi￿S relating lo working wilh vulnerable supporters, handling complaints and ethical considerations
are in place.
NMC does not sub-contract elements of ils fundraising activities lo marketing agencies and undertakgs all its
correspondence and contact with donors in-house.
The charity received no fundraising complaints during the year. Complaints are dealt with in line with our
complaints policy, with most serious complaints escalated to our Truslees so Ihgy can consider lessons to be
learnt.
NMC has safeguarding policies in place to protect vulDerdble people. Our ￿ndraIserS (both staff and third party)
are familiarised with these lo ensure the correct procedures are in place.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Flnan¢lal revlew
NMC'S financial performance has been satisfactory as we continue lo build back posl-pandemic..
The NMC has some assets in the form of the building it has on land leased from Cheshire Wesl and
Chester Council bul no up to dale valuation is available.
NMC holds no other substantial asset beyond its minibuses. day to day office, physlo and IT
equipmenl.
NMC has consistently maintained total unrestricled reserves al 3 month Tunninq costs Ihrouqhout
2023-24.
ReseNes policy
NMC recognises the need lo build and maintain adequate reserves, lo ensure that the charity has a financSal
buffer proportionate to ils normal scale of operations. In doing so. this will reduce tho financial risk lo the charity
and help ensure that its services are sustainable.
The policy Sets out a goal of staying above the following thresholds:
1. A minimum amount of total unrestricted reserves of £500.000
2. A minimum amount of net current assets of £260,(KJO of which cash and marketable inveslments musl not be
less than £180.000
The overall total is equivalent to approximately 4 months of annual spend and approximately 6 months of annual
payroll. The Trustees believe that this is a reasonable and proportKinale 'buffer" to retain against the risk of
unseen problems.
The current reserves level is £1,367,002 with free reserves belng £602,748. reslricled reserves being £11,837
and designated reseNes being £40,000.
Rlsk management
A register of risks is maintained and reviewed regularty by the Truslees.
The following risks have been identified as the most significant for the charity..
Financial suslainabilily: recognising that maintaining income levels is essential to the charity's financial
sustsinabilily. The charity continues lo monilor the risks associated with ils diverse voluntary income
streams
Reputation and brand., the charity monitors the risks associaled wilh all aspects of reputation and has
put in place strategies lo reach and engage benefi¢i8rles and other organisalions.
Recruilmenl and relenlion of staff= the charity aims lo be an organisalion where staff are supported and
developed and where employees have a sense of fulfilment. During Ihe year all managers participated in
a bespoke management developmgnt programme lo extend their skills.
Plans for 2024-25
Upgrade and extend the outside paths to enable people to explore the meadow and garden5 in all
seasons safely.
Develop Ihe new Employment and Careers semce so it achleve5 all that we have planned for il in terms
of placing people in worklwork exp6rience, preparing for work. and helping people stay in work by
adapting lo changes in condition.
Prepare NMC for a Britain ID Bloom application and maximise involvemenl of our community as well as
local volunteers in developing a flourishing and attractive garden.
Develop a new fundraising slralegy to reflect changing times and the end of our long running Spirit of
Christmas event.
Develop an accommodation offer for those Iravelling long distances lo NMC. The accommodation could
also offer accessible holiday oplions and a place lo try out independent living.
The arrival. induction and successful handover lo the new Chief Executive will be an important element
of the plans for the eharily in the year ahead.
We plan to upgrade and modernise our healing system and install additional solar power generation lo
reduce our energy consumption and increase the sustainability of our provislon.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
The Neuromuscular Centre INMC) is a registered charity. incorporated as a company limited by guarantee. The
charity registration number is 1023606 and the company registration number is 2806607. The NMC has 8 wholly
owned dormant subsidiary, NMC Trading Limited.
The Iruslees, who are also the directors for the purpose of company law. and who Se￿ed during Ihe year were:
M Hawes
AJeffs
l Martin
D Okell (Chair lo 2 May 2024)
M Roberts (not a director)
W.qtnlhart
S Monleiro
W Duckworlh {Chair from 2 May 2024)
R Diaz
J Haskey
(Resigned 13 April 2023)
(Appointed 27 July 20231
Appointrngnt of trustees
The charity appointed lis Board of I wslees from 1 Apnl 2012. As vacancies arise new Trustees are appointed.
Trustee Inductlon and training
Newly appointed Iruslees receive comprehensive induction including training on their duties and responsibilities
under company and charity law and also an induction into the aclivilies, operational plans and financial
performance of the charity.
Organisalion
The Board of Trusl88s is ultimately responsible for th8 management of the Neuromuscular Centre. The Board will
meet quartedy. A Chief Executive, with delegated authority, is appointed by and accountable lo the Iruslees for
managing the day-to-day operations of the NMC and the delivery of operational plans.
The remuneration arrangements for all staff are reviewed annually by the Chair of Trustees and Chief Executive
having benchmarked pay levels in the relevant employment roles and sectors and mindful of changes lo the UK
cost of living indices. The Trustee Board approve the overall remuneration setuemenl as part of the annual
budget setting.
Audltor
In accordance with the company's articles, a resolution proposing that BWM be reappoinled as auditor of Ihe
company will be pul at a General Meeting.
Dlsclosure of Informatlon to auditor
Each of the Iruslees has confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo
identify SLtch relevant information and to establish that the auditor is aware of such information.
Small company provlslons
This report has been prepared in ac£ordance with the spe(ial provisions relating lo small companies within Part
15 of the Companies Acl 2006.
On behalf of the board of trustees
W Duckworth (Chalr)
Trustee

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors of Neuromuscular Centre for the purpose of company law, are responsible
for preparing the Trustees. Report and the accounts in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice)-
Company Law requires the tnjstees to prepare accounts for each financial year which give a true and fair view of
the slate of affairs of the charity and of the incoming resources and application of resource5, including the Income
and expendllure. of the charitable company for that year.
In preparing these accounts. the Irusl895 are required to..
- select suitable accounting policies and then appSy them (x)nsislentW:
- observe the methods and principles In the Charities SORP;
make judgErriewiis ar)d estimates that are reasonable and prudent:
slate whether applicable UK Accounting Standards have been followed. subject io any material departures
disclosed and explained in the accounts.. and
prepare the accounts on the going concem basis unless it is inappropriaie lo presume Ihat the challly will
continue in operation.
The trustees are responsible for keeping adequat8 ac(x)unting records that disclose Wblh reasonable accuraGy at
any lime the financial position of the charity and enable them lo ensure Ihal the accounts comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of Ihe charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF NEUROMUSCULAR CENTRE
Opinion
We have audited the financial slalemenls of Neuromuscular Centre (the 'charity') for the year ended 31 March 2024
which comprise the statement of financial activities, the balance sheet. the statement of cash flows and notes to the
financial slalements, including significant accounting policies. The financial reporting frameworf( that has been
applied in their preparation is applicable law and United Kingdom Accounling Standards, including Financial
Reporting Standard 102 The Financial Reporting Standard 8pplicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Praclicel.
In our opinion, the financial statements..
give a true and fair view of Ihe state of the charitable company's affairs as al 31 March 2024 and of Ils
incoming resources and applicalion of reSoUr￿s. including its income and expenditure. for Ihe year then
have been properly prepared in accordance with United Kingdom Generally Accepted AC￿￿ntIng Practice:
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance wtth International Standards on Auditing (UK) IISAS (UKI) and applicable
law. Our responsibilities under those standards are further described in the Audi10￿5 responsibilities for the audit of
the financial slalemenls section of our report. We are independent of the charity in accordance with the ethical
requifemenls Ihal are relevanl lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical
standard, and we have fulfilled our olher ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial statements. we have concluded that the tfuslees, use of the going concem basis of
accounting in the preparation of the financial statements is appropriate.
Based on the WOTk we have perfomied. we have nol identified any material uncertalnligs relating to events or
conditions Ihat, individually or collectively, may cast significant doubl on the charity's ability to continue as a going
concern for a period of al least iwelve months from when the financial slalements are aulhorised for issue.
Our responsibilitie$ and the responsibilities of tho trustees with respect to going concern are described in the
relevant sections of this report.
other Informatlon
The other information comprises the information included in the annual report other than the financial slalemenls
and our audilorfs report thereon. The trustees are responsible for the other information contained within the annual
repoil. Our opinion on the financial slalements daes not cover the other information and, except lo the extent
otherwise explicitly slated in our report. we do not express any fomi of assurance conclusion Ihereon. Our
responsibility is to read the other information and. in doing so. consider whether the other infomiation is materially
inconsistent with the financial slalemenls or our knowledge obtained in the course of the audit. or otherwise appears
to be materially misslaled. If we identify such material inconsistencies or apparent material misstatements, we are
required lo detemiine whether Ihis gives rise lo a material misslatemenl in the financial statements themselves. If,
based on the work we have performed, we conclude that there is a material misstatement of this other information,
we are required to r8POrt that fact.
We have nothing to report in this regard.
Oplnlons on othar matters prescrfbed by tho Companles Att 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the trustees. report for the financial year for which the financial slalemenls are
prepared, which includes the directors. report prepared for the purposes of company law, is Consistent with the
rinancial slalements., and
the directors, report included within the trustees, report has been prepared in accordance with applicabl8 legal
requirements.

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF NEUROMUSCULAR CENTRE
Mattews on which we are required to report by exceptlon
In the light of the knowledge and understanding of Ihe charity and ils environment obtained in the course of Ihe
audit, we have not identified material misslatemenls in the directors. report included within the truslees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us lo report to you if, in our opinion-
adequate accounting record5 havv iiut been kept, or retums adequatc for our audit h8ve not been receivftd
from branches not visited by us,. or
the financial statements are not in agreement with the accounting records and retums-, or
certain disclosures of trustees, remuneralion specified by law are not made; or
we have not received all the infomialion and explanations we require for our audit., or
the trustees were not entitled to prepare the financial slalements in accordance with the small companies
regime and lake advantaqe of the small companies, exemptions in preparing the trustees. report and from the
requirement to prepare a strategic report.
Responsibllities of trustees
As explained more fully in the stalemenl of trustees. responsibilities, the trustees, who are also the dlreclors of the
charity for the purpose of company law, are responsible for Ihe preparalion of the financial slalemenls and for being
satisfied Ihat Ihey give a true and fair view. and for such inlemal control as the trustees determine is necessary lo
enablo Ihe proparalion of finAnriAI statements that are free from material misslalemenl. whether due lo fraud or
error. In preparing the financial slatemenls, Ihe trustees a￿ responsible for assessing the charity s ability to
continue as a going concern. disclosing, as applicable. mallers related to going concern and using the going
concern basis of accounting unless the trustees either intend to liquidate the charitable company or to Cease
operations, or have no realistic alternative but lo do so.
Audltor's responsiblllties for the audlt of the flnancial statements
-onable asgurance about whether Ihp. financial statements as a whole are free from
Our objectives are lo obtain r¢a-
material misstatement. whether due to fraud or e￿Or, and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always delecl a material misstatement when il exists. Misslalements can arise from fraud or
error and are considered material if. individually or in the aggregale. Ihey could reasonably be expected to influence
lh8 economic decisions of users taken on the basis of these financial slalemenls.
The extent to which our procedures are capable of detecting irregularilies. including fraud, is detailed b810w.
Our approach to identifying and assesslng Ihe risks of material misststement in respect of irregularities. including
fraud and non-compliance with laws and regulations, was as follows:
the engagemont partner ensured that the engagement loam collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations-,
wo identified th8 laws and regulations Hpplic2ble to th8 company throuoh discussions with directors and
other management.,
we focused on specific laws and regulations which we considered may have 8 direct material effect on the
financial statements or the operations of the company. including the Companies Act 2006, taxalion
legislation and data protection. anti-bribery. employment and health and safety legislation,.
we assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence-, and
identified laws and regulations were communicated within the audit team regularly and the team remalned
alert lo instances of non-compliance Ihroughi)ut the audiL

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 financbal slalements to material misstatement, includlng oblaining
an understanding of how fraud might OCCUT. by-
making enquiries of managemerTrt as to where they considered there was susceptibility to fraud, their
knowledge of aclual. suspected and alleged fraud- and
considering the inlernal controls in place to mitigate risks of fraud and non<ompliance with laws and
regulations.
To address the risk of fraud through management bias and override of controls, we..
perfomied analylical procedures lo identify any unusual or unexpected relationships:
tested joumal entries to identify unusual transactions.
assessed whether judgements and assumptions made in determining the accounting estimales were
indicative of potential bias; and
invec+tigatcd tho rationale behind significant or uriu¥ual Iransactlons.
In response to the risk of Ir￿gUIarrtles and non<ompliance wilh laws and regulations, we designed procedures
which included, but were not limited lo-
agreeing financial statement disclosures lo underlying supporting of documentation,.
reading the minutes of meetings of those charged with governanc8- and
enquiring managemgnl as to aduaS and polontial litigation and Glaims.
There are inherent limi181ions in our audit procedureg doscribed above. Thg MO￿ removed that laws and
regulations are from financial Iransaclions, the less likely il is that we would become aware of non-compliance.
Auditing standards also limit Ihe audil procedures required lo identify non-compliance with laws and regulations lo
enquiry of the directors and other management and the inspection of regulatory and legal correspondence. if any.
Material misslalemenls that xrisp. diie to fraud can bè hard8r to dglect than those that arise from error a5 Ihgy Ill¢*y
Involve deliberale concealm6nt or collusion.
A further description of our responsibilities is available (m the Financial Reporting Council's website at.. hllps'.11
www.frc.org.uklauditorsresponsibililies. This desuiplion fomis part of our audilovs report.
Other matters
This report is made solely lo the charitable companrfs members, as a body. in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audil work has been undertaken so that we might slate lo the charilable company's
members those mallers we are required to state lo them in an audilorfs report and for no oth8r purpose. To the
fullesl exlenl pemiitted by law. we do not accept or assume responsibility to anyone other than the charitable
company and the charitable (xjmpany's members as a bcmjy. for our audit work, for this report, or for the opinions we
have formed.
LLX((Q (LILll
Loulse Casey ACA (Senior Statutory Audltor)
for and on behalf of BWM
.311.0812024
Chartered Accountants
Statutory Auditor
Suite 5.1
12 Tilhebam 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 2024
Current financlal year
Unrestrlcted Restrltted
funds
funds
2024
2024
Totsl
Total
2024
2023
Notes
Income from.
Donations and legacies
Charitable activities
Fundraising events
Investments
Other income
358.420
715,156
72.697
8.426
315
35,617
394,037
715,156
72.697
8,426
315
510.265
585,132
62.525
2,107
148
Total Income
1.155,014
35.617
1.190,631
1.160,177
Ex
endlture on:
Raising funds
Charitable activities
155,671
916.809
155,671
951.739
145,157
976,191
34,930
Total expendlturg
1.072.480
34,930 1.107,410 1,121.348
Net movement in funds
82.534
687
83.221
38,829
RÈconclllatlon of funds
Fund balances al 1 April 2023
1,272,631
11,150
1,283,781
1,244,952
Fund balances at 31 March 2024
1.355,165
11.837
1.367,002
1,283,781
The statement of financial adivities includes all gains and losses recognised in the year.
All income and expendilure derive from continuing activities.
The movement in funds detailed above complies wilh the requirements for a statement of changes in equity under
FRS102.
Tho staloment of financial activities also complies with the requirements for an income and expenditure account
under the Companies AGI 2006.
10-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prlor financial year
Unrestricted Restrlctod
funds
funds
2023
2023
Total
2023
Notes
Income from..
Donations and legacies
Charitable activities
Fundraising events
Investments
Other income
313,740
585,132
62,525
2,107
148
196.525
510,265
585,132
62.525
2.107
148
Total Income
963.652
196,525
1,160,177
enditure on:
Raising funds
Charitable aclivilies
145.157
784.511
145.157
976,191
191,680
Total expenditure
929.668
191,680
1,121.348
Net movement in funds
33.984
4,845
38.829
Reconclliation of funds
Fund balances al 1 April 2023
1.238,647
6.306
1,244,952
Fund balances at 31 March 2023
1,272.631
11,150
1,283.781
The statement of financial activities includes all gains and losses.recognised in the year.
All income and expenditure derive from continuing activities.
The movement in funds detailed above cornplies with the requirements for a statement of changes in equlty under
FRS102.
The slalement of financial activities also complles with the requirements for an in¢ome and expenditure account
under the Companie5 Act 2006.
11

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
14
15
712,408
727,538
712,417
727,547
Current assets
Debtors
Cash al bank and In hand
18
149,349
587.222
179,277
529.824
736.571
709.101
Llabilitles:
Credlto¥s: amounls falling due within one
year
19
(81.986)
{152.867)
654,585
556,234
Ncl current aSSOts
Total net assets
1.367.002
1,283,781
The funds of th8 charlty:
Restricted funds
22
11,837
11,150
Unrestricted funds
Designated funds
23
UnreslriGted funds represenled by fixed assets
Free reserves
40.000
712,417
602.748
727,547
545,084
General unrestricted funds
1,355,165
1.272,631
Total unrestricted funds
1,355.165
1,272.631
Total charity funds
1,367,002
1,283.781
These financial statements have been prepared in accordance with the provisions applicable to companies subjecl
to the small companies regime.
The financial slalements were approved by the trustees and authorised for issue on ......-...
on its behalf by..
and are signed
W Duckworth (Chalr>
Trustee
Company Reglstration No. 2806607
12-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
N9t cash provided by operating activities
29
57.355
84,129
Ca$h flows from investing activitles
Purchase of tangible fixed assets
Interest received
{8,380)
8,426
{94,2641
2,107
Net cash generated froml{used In)
investing activities
46
192,1571
Net increasel(decTease) in cash and cash
equlvalents
57.401
(8,028)
Cash and cash equivalents at beglnning of year
529,824
537,853
Cash and cash gqulvalents at end of year
587.222
S29,824
13-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ounting policies
Charlty Information
The Neuromuscular Cenlre is a private company limited by guarar)tee incorporated in England and Wales and
a charity regisleied with the Charity Commission for England and Wales. The registered office is Woodford
Lane Wesl, Winsford, Cheshire. CW7 4EH.
1.1 A¢¢ounting eonventlon
The financial slalements have been prepared in accordance with the charity's Memrandum and Articles of
Association, the Companies Act 2006. FRS 102 Yhe Financial Reporting Standard applicable in the UK and
Republic of Ireland. I'FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities.. Stalemenl
of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (8ffective 1 January 2019}. The
charity is a Public Benefit Entity as defined by PHS 102.
The accounts are prep8red In sterling, vthich is Ihe funcllonal currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest £.
The accounts have been prepared on the hlstorical cost convention. The principal accounting policies
adopted ar9 set out hp.l(Jw.
The financial statemenls do not incorporate the results, assets and liabilities of the charivs wholly owned
subsidiary, NMC Trading Limited. Consolidated accounts have not been prepared as these would not be
materially different from the single entity financial slatemenls ag presonted. The subsidiary ceased lo trade on
1 April 2012 and has remained domianl throughout the p8ri0d.
1.2 Golng COnGErii
At the lime of approving the accounts the Trustees have a reasonable expeclation that the chaiity has
adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees
continue to adopt the 'going concern, basis of accounting in preparing the accounts.
1.3 Charltable funds
Funds held by the charity a￿.
Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at
the discretion of the trustees, with due regard lo the reserves policy as described in the Trustees, Report.
Designated funds - Ihese are funds set aside by the trustees out of unrestricted gener21 funds for specific
future purposes.
Reslficled funds are funds which ¢iie to be used in aGcordanGe with ￿peCIfiC restrictions imposed by donnr8 or
which have been raised by the charity for particular purposes. The aim and use of each restricted fund is sel
out in the notes to the financial statements.
14-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Aecountlng policles
IContlnued}
1.4 Income
All income Is included in the Slatemenl of Financial Activities when the charity v6 legally entitled lo the In¢ome
and the amount can be quantified with reason8ble accuracy.
Income froin duri<ilions 8n(I granis. including capital grants, is included in income when these are receivable,
except as follows..
When donors specify that donations and grants given to the charity musl be used in future accounting
periods, the income is deferred until those periods.
When donors impose conditions which have lo be fulfilled before the charity becomes entitled lo use such
incoma. the incomc deferred and not included iri iiiwtne until the preconditsons lor use have been mel.
Legacies are recognised on receipl or otherwise rf the charity has been notified of an impending dislribulion,
the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as 8
conlingenl a5sel.
Income is deferred only when the charity h85 to fulfil conditions before becomlng enlilled lo it or where the
donor has specified that the inrA)mA 59 to bo eX￿nd￿d in a future pcriod.
When donors specify that donations and grants, induding capital grants, are for particular Testricled purposes.
which do not amount to preconditions regarding entl￿eMent. this income is induded as restricted funds when
receivable.
VolLrnlary income includes discretionary grants for projects, and servi￿$ where no service agreement
or contract exists.
Other grants. which have particular service requirements and which are provrded in accordance with a
eonlracl or se¥vice level agreement are included in the Statement of Financial Activities under the heading
Charitable Activities.
Interest is induded when receivable by the charity.
1.5 Expendlture
Expenditure reflects all amounts paid and accrued during the year. Expenditure includes any VAT which
cannot be fully recovered. and is reported as part of the expenditure to which il relates. All costs are allocated
between the expenditure categories of the Statement of Finan¢ial Activities (SOFA) on a basis designed to
reflect the use of the resource.
Raising funds
'rhese represent costs incurred in seeking voluntary contributions and do not includ8 the costs of
di8seminaling informalion in support of the charitable aclivities.
Charitable expendilure
Charitable expenditure comprises those costs incuNed by the charity in the delivery of Ils aclivilies and
services for ils beneficiaries.11 includes both costs that can be allocated directly to such 8clivilies and those
costs of an indirect nature necessary lo support Ihem. Support cosis are allocated across the activities on the
basis of expenditure incurred for each of the activities.
Govemance costs
These represelll costs associated with meeting the conslilutional and stalulory requirements of the charity
and include 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 2024
A¢¢ounting poli¢les
Icontlnued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequenuy measured at cost or valuation. net of
depreciation and any impairment losses.
Indlvldual fixed assets costing £1.000 or more are capitalised ai cost, indudlng any expeiises of aGquisilion.
Depreciation is provided al rates calculated to write off the cost less estimated residual value of each asset
over Its expected useful life, as follows:
Short leasehold property
Fixtures. fittings & eqiiipm8nt
Straighl line basis over the life of the lease
straiqht line over 4 - 5 years
The gain or loss arising on the disposal of an asset is detemined as the difference belween the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial aclivilies.
1.7 Flxed asset Investrnents
Fixed asset investments are slated at cost less provision ft)r diminution in value.
1.8 Impairment of ftxed assets
Al each reporting end date. the Gharity reviews the carying amounts of its tangible assets lo detemiin8
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the exlenl of th8 impairment
loss lif any).
1.9 Cash and cash equivalents
Cash and cash equivalents indude cash in hand. deposits held at call with banks, other shorl-temi liquid
investments with original malurilies of three months or less. and bank overdrafls.
1.10 Flnancial Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financlal Instruments, and Section 12
'Olher Financial Instruments Issues. of FRS 102 to all of its fin8ncial instruments.
Financial instruments are recognised in the charitls balance sheet when Ihe charity becomes party to the
contractual provisions of the instrument.
Financial asse15 and liabilities are offset. wilh the net amounts presented in the financial statements. when
there is a legally enforceable right to set off the re¢ogni5ed amounts and there is an intention lo seltle on a
n61 bo?is or lo realise tha asset and setllè the liabilily simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement conslilules a financing transa¢lion, where the transaction is
measured al the present value of the future receipts discounted at a market rale of interest. Financial assets
classifie(J as receivable within one year are not amortised.
16-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollclès
Icontlnued)
Basic financial liabilitie$
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction pri￿ unless
the arrangement constitutes a financing Iransaclion. where the debt instrument is measured al the present
value of the future payments discounted at a market rale of interest. Financial liabilities classified as payabl
within one year ate nol diiivilised.
Debt instruments are subsequendy carried at amortised cost, using the effective interest rale m9thod.
Trade credilofs are obligations to pay for goods or services that have been a￿uIred in the i)rdinary course of
operalions from suppliers. Amounts payable are classified as current liabilities if payrnenl is due within one
year or less. If not, they are presented as non-currenl liabilities. Trade creditors afe recognised initially al
transaction priee and gubsequcnlly measured at amortis¥iJ wst uslng ihe effeciive interest method.
Derecognition of finan¢lal Ilabilities
Financial liabilities are derecognised when the charitys contractual obligations expire or are discharged or
cancelled.
1.11 Employee beneflts
The cost of any unused holiday entillemenl is ￿cOgnised in the periixl in which the employee's service5 are
received. il material.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employm8nt of an employee or lo provide temiination benefits.
1.12 Retirement benefits
The charity offers defined contribution pension arrangements to an employers. portable scheme.
Contributions are charged in the financial slalemenls as incurred.
1.13 Taxation
The charity benefits from various exèmptions from laxalion afforded by lax legislation and is not liable lo
corporation lax on income or gains falling within those exemptions. Recovery is made of tax deducted from
qualifying income and from receipts under Gift Aid.
The charity is also able to partially recover Value Added Tax. Expenditu￿ that is not recoverable by the
charity is recorded in the accounts inclusive of VAT.
Crltlcal accounting estimates and Judgements
In the applicaliuri of Ihe chartiy's accounting policies. the Iruslees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
There are no Grilical a¢counting estimates or judgments included in these a¢counts.
17-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donatlons and legacies
Unrestrl¢ted Restrlcted
funds
funds
Total Unreslricled
funds
R8sl2ted
2023
Restricted
funds
Total
2024
2024
2024
2023
2023
Donations and gifts
Legacies receivable
299.859
58,561
35,617
335,476
58.561
313,740
196,525
510,265
358.420
35,617
394.037
313,740
196.525
510,265
Donations and glfts
Community donations
Trust and corporate
donations
157,979
157.979
157.159
157.159
141.880
35.617
177,497
156.581
196,525
353.106
299.859
35,617
335.476
313,740
196.525
510,265
Fundraislng events
Unrestrlcted Unrestrlcted
funds
fund8
2024
2023
Fundraising events
72.697
62.525
18-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
Vnrestrlcted Unr8s¢rlcted Unrnstrlcted
funds
funds
funds
Unr8Strlctèd
funds
Physlotherapy
Supportlng
employm•nt
Total
T•tal
2023
2024
Income within charitable aclrvities
613.533
101,623
715.156
585,132
For the year ended 31 March 2023
PhysiothÈrapy
Supportln9
employment
Ttstal
Income within charilable activities
489,106
96,026
585,132
Analysis by fund
Unreslricled funds
489,106
96.026
585.132
Investmgnts
Unrèstrlcted Unrestrlcted
funds
funds
2024
2023
Interest receivable
8.426
2,107
Other Incomg
Unrestrleted Unrestricted
funds
funds
2024
2023
Olher income
315
148
Other income relal8S to a Feed-in Tariff {FIT) payment received from the charitys energy provider.
19-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Raising funds
Unrg$trlcted Unrestricted
funds
funds
2024
2023
Costs of generating donations and legacies and events
Promotion
Staff costs
Share of support costs (see note 10)
59.543
86,244
9.884
57.653
84,477
3,027
155.671
145.157
-20-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
Physlotherapy Advocacy Supportlng
and care employment
support
Training
Total
2024
Total
2023
Staff costs
195,690
80,392
65.374
15.161
356,617
410.753
Share of support costs
(see note 10)
Share of qovernance
costs (see note 10)
55.185
371.660
111.622
42,167
580,634
553,286
3.622
3,622
3,622
3.622
14.488
12,152
254.497
455.674
180,618
60,950
951,739
976,191
Analysls by fund
Unreslricled funds
Ru51wicled funos
254.497
420,744
34.930
180,618
60,950
916,809
34,930
254,497
455,674
180.618
60,950
951,739
For the year ended 31 March 2023
Physlotherapy Advocacy Supportlng
and care employment
support
Training
Total
staff costs
283.329
76,432
36,466
14,526
410,753
Share of support coslslsee note 101
Share of governance costs (see note
86.762
323.198
114,399
28,927
553.286
10)
3.038
3.038
3,038
3,038
12.152
373.129
402.668
153,903
4G,491
976.191
Analysis by fund
Unreslricled lunds
Restricted funds
325,693
47,436
258.424
144.244
153.903
46,491
784,511
191,680
373.129
402,668
153,903
46.491
976,191
21

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Support eosts
Support Governanco
costs
costs
2024
Support Governan¢e
costs
Gosts
2023
Staff costs
Depreciation
Ulilities and
communications
Travel
Printing
Maintenance
In5uranGe (Irid geiieral
expenses
288,507
23,513
288.507
23,513
242,558
2J,999
242,558
23,999
23,652
23.900
82.652
47,742
23,652
23.900
82,652
47,742
30,527
23,325
82.451
43,297
30.527
23,325
82,451
43,297
100,552
100.552
110,156
110.156
Audit fees
Accountancy
Legal and professional
4,250
4,220
6.018
4,250
4.220
6.018
4,030
2,270
5,852
4,030
2,270
5,852
590.518
14.488
605.006
556,313
12.152
568,465
Analysed between
Fundraising
Charitable activities
9.884
580.634
9.884
595.122
3.027
553,286
3.027
565,438
14,488
12,152
bYO.518
14,488
605.006
556,313
12.162
568,465
Support costs a￿ allocaled on the basis of time spenvusago.
Governance costs are split equally behveen activilies.
11 Trustees
None of the trustees (or any persons connected with them) received any remuneratK)n during the year {2023'.
£nil} and no trustees were reimbursed expenses12023: none).
12 Auditor's remuneration
The analysis of audilols remuneration is as lollows-
2024
2023
Fees payable to the companls auditor for the audit of Ihe companys annual
ac¢ounts
4.250
4,030
All other non-audit services
4,220
2,270
-22-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AIARCH 2024
13 Employees
Number of employees
The average monthly number of employees during the year was..
2024
Numbcr
2023
Numb¢r
Charitable activities
Fundraising
Administration
26
28
30
32
Employment costs
2024
2023
Wages and salaries
Social socurily costs
Other pension Gosls
636,781
Jil.185
56.402
627,138
47.291
63,359
731,368
737,788
Redundancy payments of £nil12023'. £17,130) were paid in the year.
There were no employees whose annual remuneralion was £60.OW (Y more (2023.. none).
14 Tanglble fixed assets
Short
leasehold
property
Flxturns.
ffttlngs &
equlpmont
Total
Cost
Al 1 April 2023
Additions
1,100.225
277,509
8.380
1,377,734
8,380
Al 31 March 2024
1,100.225
285,889
1.386,114
Depreciation
Al 1 April 2023
Depreciation charged in the year
394,498
14.145
255.698
9.365
650.196
23,510
Al 31 March 2024
408,643
265,063
673,706
Carrying amount
Al 31 March 2024
691,582
20.826
712,408
Al 31 March 2023
705,727
21.811
727,538
All langlble assets are used in functions of the charity and are shown al wrillen down cost. All material assets
are used for direct tharilable aclivilies. The leasehold land and buildings are subject to a lease that has
recently been renewed and wll expire in August 2077.
-23-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1 S Flxed asset investments
other
investment$
Cost or valuatlon
Al 1 April 2023 & 31 March 2024
Carrying amount
At 31 March 2024
Al 31 March 2023
2024
2023
Other investments comprise..
Notes
Investments in subsidiaries
16
16 Subsldlarles
Details of the Charity's subsidiary at 31 March 2024 are as follows-
Name of undertaklng and ¢ountry of
Incorporatlon or residgncy
Nature of buslness
Class of
°A Held
shareholdlng Dlrect Indlrect
NMC Trading Limited
England and Domiant
Wales
Ordinary
100.00
The aggregate capital and reserves and the result for the year of subsidiaries excluded from consolidation
was as follows=
Namo of undortaklng
Profitl(Loss) 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 2024
17 Financial Instruments
2024
2023
Carrying amount of financial assets
Debt instruments measured at cost
Equity instruments measured al cost
708,131
676,692
708,140
676,701
Carrying amount of financial Ilabilities
MeasL*red al cost
13.315
23,210
10 Debtors
2024
Amounts falling due within one year:
2023
Trade debtors
Other debtors
Propayments and a¢crued incom8
80.909
45,693
22.747
143,631
10.673
24.973
149.349
179,277
19 Creditors: amounts falling due withln one year
2024
2023
Notes
Other taxation and social security
Deferred income
Trade creditors
Amounts due to subsidiary undertakings
Accruals
11.208
57.463
6,006
11,842
117,815
16,871
20
7,300
6,330
81,986
152.867
-2S-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Deferred in¢ome
2024
2023
other deferred income
57.463
117,815
57.463
117,815
Deferred Income is included in the financial statement5 as follows:
2024
2023
Total deferred income 8t 1 April 2023
Amounts received in y8ar
Amounls credited lo slatement of financial aclbvities
117,815
57.463
{117,815)
66,336
117,815
{66.336)
57,463
117,815
21 Retlrement bèneflt schemes
Deflned contributlon schernes
The charity operates a defined conlribulion pension scheme for 211 qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered lund.
The charge lo the statement of financial activities In respect of defined ContribulK￿ schemes was £56,402
(2023.. £63,359).
-26-

rD O
tr￿u?
lo￿0
In In tr o
(00100
vj
UQlu
zo

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Designatgd funds
The income funds of the charity include the followng designated funds which have been sel aslde out of
unrestricted funds by the trustees for specific purposes=
Balance ai
1 Aprll 2022
Transfer5
Bala1￿1 at
1 April 2023
Tran¥fèr
Balan¢0 at
31 March 2024
Car park works
40.000
40,000
40.000
40.000
£40.000 has been designated in the year to fund the costs of resurfacing the Centre's car park whlch will be
done in 2024125.
24 Capital commltments
2024
2023
Al 31 March 2024 the charity had capital commltments as follows..
Contracted for but not provided in the financial Statements:
Acquisition of property, plant and equipment
40,000
The above capllal commitment relates to work carried out at the Centre car park. This amount has been set
aside al the year end as a designated fund. see note 23.
25 Analysls of net assets between funds
Unrestricted Restricted
funds
funds
2024
2024
Totsl un￿StrICted
Reslricled
funds
2023
Total
2024
2023
2023
Fund balances at
31 March 2024
are represented
by..
Tangible ass815
Investments
Current assetsllliabililies}
712.408
712.408
727.538
727,538
642.748
11,837
654,585
545,084
11,150
556,234
1.355,165
11,837
1.367,002
1,272,631
11.150
1,283.781
-28-

NEUROMUSCULAR CENTRE
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
26 Operating lease commltrngnts
Al the reporting end dale the charily had outstanding commitments for future minimum lease payments under
non-cancellable operating leases, which fall due as follows:
2024
2023
Wilhin one year
Between Iwo and five years
598
1.196
598
598
1,794
27 Related party transactions
Remuneratlon of key management personnel
The remuneration of key Management personn91, is as follows.
2024
2023
Aggregate remuneralion
61,969
71.357
As at 31 March 2023, there is a creditor balance owing to the wholly owned subsidiary NMC Trading Limited
of£9 {2023.. £91.
There were no other related party transactions.
No guarantees have been given or received.
28 Company limited by guarantee
The Neuromuscular Centre is incorporated under the Companies Act as a company limited by guarantee. The
liability of the members is limited to £1.
29 Cash generated from operations
2024
2023
Nel income for the year {as per the statement of financial activities)
Adjustments for:
Investment income recognised in statement of finanual aclbvities
Depreci8llon of tangible fixed assets
83,221
38,829
(8,426}
23,513
12,1071
23,999
Movements in working capital..
D&creasel{increase) in debtors
{Decreasellincrease in creditors
(Decroaseyincrease in deferred income
29,928
110.529)
{60,352)
(39,323)
11,252
51,479
Net cash provided by operaling activitles
57,355
84.129
-29-