REGISTERED CC￿PANy NUMBER: 03031662 (Englafid and Wale81 REGISTERED CHARifY NUMBER: 1047353 Endèd 31 h Multl ￿ Scl•m•l• Mon8h8n8 Ch&rtered Accountants Hemes House Flre Fly Avenue Swndon WiltshiTe SN2 2GA on Thera Selernsl ofthe Fl lal Staternents forthe Ye r Ended 31 March 2 Page Report of the Tr￿te88 Independent Examlnèf8 R•port Statementof Flnonclal AellvSde8 Bol•n¢• Sheèt Notes to the Fln•nclJl Statements 10 to 17 Swlndon Th•rn C•ntr• for Re rtof1￿T￿8 forth• Y￿r End•d 31 IA•r¢h 2023 Thè Irustee8 a￿ d80 d¥ed0￿ of the f*arity forth• pwposes ol th• Ccmp￿•es Ad 2(￿. preg•nt ththr feFOrt Ihe financial 8taternents of the charity lor the year end8d 31 Marth 2023. The tntst￿$ hav• adopted tha pmisi¢J)$ of AecountiThJ and Reporlry by Charities". Statement ol Rec￿[KIed pral*.￿ to charities prwirq Iheir accounts in P£tOrdan￿ with the Finan¢41 R￿OI￿￿j stsTrja￿ appkth ITr the UK Repubhc ol IreLqnd IFRS 1021 l•ff•th• 1 January 20191. OBJECTVIES AND ACTMnES Oblectfv•• •nd The charity * ¥*mmed by rf8 Mwnor8NJ¢m AJ1ths ClAssCoati￿ ams to lh• ￿l￿10fperson5whts Irbp wth n•urokngic*l Und￿(￿8, by any la￿1 m&an5, and In pathub8r. i. to pmvide tr•atments. glid￿ praelkal swrt to Imrg neurOW￿l ct*NJth'oM. 11. to prov*1• therapy li￿￿dI1¥a Iwl not Iwnited to Iwgh dosage oxyw IHCQTI. 81gnIfi￿nI1cI￿l￿l ToensU￿ that the chartsble coryany'8 •ffns ar•met, I has •98ntr81 bmgiog•tWtho#•lwingwiil) fi•urolow41 ¢ondiliMs. to fomi a merrb8r*aged commuThty In help delive￿ by IheK*llbeiNJ Centrp. and seN-he¥) enabl￿1 by o supporb"¥e wnmunity 01 slaff, Volunte￿ and wrvrtw¥, IIKI quJ&ty of lif• for•wryw• in thal community. The tharitat)le ccrfnpany equtyig and adminrét•rn a"C•ntr•" (B￿Yb￿ry Hou*) lor th• prowsfv)n of I￿rapY ftsr any wrnon or body and fvnd¥ IhA by reque•tin9 memtsershp C4)nirt￿l*)fiS Ic•3•th•r wlh ￿￿rardIng •v•nts, gan•rAI donatiorts And grnnt fiJndin9, ￿PpI*d by • rary Of9￿1411&￿￿￿J There b••n no matefKg1 th•ryJes n th•e• polc*8 th• l&•t r•wt Publlc b•n•fft The tfU8t•es arn sallfled that th• •¢*•J tho ca*wry'th&rK*nxnt ol he*lth" i• Bèt out in thè Chadti•• Act 2011. Tho Charity meelB fvs ctyctht through law￿1 Tr￿￿8, as d8￿'bOd pr•viw•ty. Th• tru8tee8 have compkd wlh th• Chowths AQ 2011 aThJ duty to'ha¥e rryarrf to benefft gumlar￿ Pm¥￿ed by Ihe Chanty •x•rosty pmrd or dutrBs to t*tK* 9u*aan¢* * r¢l•v*rt. ACHievEMEpif AND PERFORIAAP¢CE D•llv•ry 4galn•t ¢hafftabl• obl•¢l• Qur ¢haritable ¢ommunty •nt*y•d Ihtyj rep￿tra ￿th ¢)ptrmism, btfthiro Ihal thè 8*Jnlknnt dball￿￿$ ofthè prfor ts¥o years *tre beginning 1¢ •aa•. did tw"n to emerge frryn fv fvll gf the p8ndwnic. our oxpe¢latk)n 010 8wft retum to prtrparljem￿ wr81iThJ Th)ima*it#li8e 88 * hgd •XP•thd. bV• no* the *¥nth￿nI )goirva challeng•g, aTra mityb.ng ac*ons, in the narthe thal folcth3. NOtrith5ta￿1Ity thom challenge8 •clk)M. th• dwrtat4• u*ry)any ha8 ts)nllnueA1 b) d•liv•r ag•in•l ts m#1) L*jI￿twts ol prce4￿ing 8 range of therawig. Support and advK• to thosè Jmng r*urdogic41 ￿￿dit￿)fi1, thèir Iwnil*s ond ¢4r•rs. Enabkld and endornod by ￿$ti￿￿Onal charfje8. the d￿rity hag aho Con￿￿￿d lothvrk tr) 8LW the n￿MberS ofpwl• pre8entiTrJ wilh mor• di¥•rs• Cr￿d*"Onl, indLhliry thoye *lIh'L￿¥ Cov•1 ¥KI pain ￿￿￿￿lI￿nB, who and do acc•81 aTrJ tén￿1 from its trgafr￿nts, tsrapies. aTrJ lacjth. Cononulng he•dwkKI• Throughout tho spring gnd summer cf 2022, Ihe reM8￿ry ryacts olaff￿r9￿rA frrffn Cov•J regtrtion• 8nd o continui to ènsure apprcpriate saf&3vardirvJ, the he8Nh 8rnJ Sa￿ty measures to pro*d 811 invow wilh tho tharty •pod what coukl ddiwr and how ￿ ￿Uld opeTrte. requwEd raweful and exEcub"tsn. and often resulted in greater ￿$1 than w8 nornally ew. Nol cwty *we wnniThJ costs hyher IW vrt h&d 8Trb"cpa*d but thh8 c•ntinuing enVirw￿Qnt Ol caution, relalirq to safe e￿rye￿e paTrJemio had also to th• •m•rg•tK• of an inc¥eagingly cha￿1￿j lurKlTroiThJ It was also ￿ cas• that, by th• ol the Fericrfl. eco[￿rn￿ turm￿1 dwi¥en by dor￿1￿ intemational geopc4th¢al events and an •n8￿)9'to#1- of-thw'rvJ cli￿. WTyaded hea￿ty on t￿tfiL￿arleS and, ￿1n. on our nJnniThJ and ovethead C￿ts. Swln tel￿ nurnber. 03031 rth• Y•ar 1 ￿rch 2023 ACHIEVEMENT ANO PERFORMANCE.wth*d Rl•ln9 to tht eMll•ng• C*5Ptte the thalkn9es a￿1 notsd abm. the tru&eg5 are wwj cl s%Jnfftant ￿￿*¥emèftts in tho rnporb.ro Feriod, in bjm led to a rwbbp thrwK8 made to the ives aThJ oftht 8tè*Jity irtr•asirKJ numtern ofFec* LMtng rNJr HvJ*hts incathj ar• ncl limi*d tol." idEnlty", the"Neuro ￿tIl￿e1￿ Cenlre": IC￿¥•d cffien*Jfft¥trd grthir#J dr￿[5￿1 or￿￿￿rtH)rts $UkWed. ¢￿￿ntratir*j onWel￿lng asan OLrtrnn*, ttMsprrAnOt8s a*M"rrfJ Centreto appeal t0*wthraL¥1￿C4, Fc¢uson oxypff. We re¢7uited a *aff [￿￿1t0 t>eoThY)x)I￿ S8Jvtys Managef akng with the exc4kpnt it￿ Of'oxY￿ volunteers.. she has deh"vèf•J a sv3niknt apwoxh in this imputsrrt area ofdelvery. Whilst at beginning of Ihe reporting wh>J, the lrt1ltsa￿, own Iwl*re 'Lrtili¥ation' r•fws to tha propolK)n of Seats M eath th8mbtr are 1reaknent sessiLml was arwnd 20%, by th• of th8 rèptrrtire p•nod, utiltsation ¥As ruwirvj at rw exteTr￿g the numbe of SeS￿n8 whth art avadabkn. Grtxwng m￿￿ersh￿l.. Our excdent stsff team tireknty to Onwro ￿￿tIVe medrd O)veTaGe arKI. in a sustsined. Pa￿Sta￿n9 and tenaci￿5 VRY. to bj￿ stronw ar*J d•ep•r with praC*bor￿ts Irom both the l¢xxl NHS hosptsl the GP pr4¢￿$. These efft*rts ensured a gr￿[*3 rwjnbar ol referrab to ts tharty. in tum ￿￿Id from the 8UPPOrt wt offèr. Reaehirrfj mcKe pwle ben2fftfrrffj tyJr8UPWt rryns a kny stra1•¢fo(￿f0r￿ tnjstees and F4eaw to seethe outccrfnes Cfthis￿ in¢JeasnJty SI￿￿¥j thrNW," *Tth wnbers up by384% sirthth& pandthn point.. IAgmberxhlp numbo 31 Dée*mt*r2020 31 Decemtér2021 31 tjecemter 2022 31 Maith 2023 76 185 265 292 Regrobth in therapy delivey. fknan Ihernpy n￿)berS *0 irrfjPa￿ over the rewting periEyJ by 4.6%. even tho ¥gr¥K85 I￿uding ¢JJr neuro gyffl Trjt fvIIy f•open O(aober 2022. In the ¢3se ofeath therapy reported ￿lOw, the pKturè was ont of mcTh¥rtum. restart af* ts parthrn￿ but then a very encowaging buik1ing of vohmo later in year. eX￿￿t rdteol grrthlh to gc4.ng Thornpy Oxyg Counsdhrv4 GyftVExerci8elClas￿s IPhysK) ser￿) A5ses*nents IPhys#) rew ap)intr￿ty} Tolal Thrnplo• 20*R2 1,443 e2 2.583 1.722 72 2.481 4,369 (￿p 4.8%) 4176 Impmv8nwts to faL¥fites. t)Jntinued to wot•X aThJ iry¥DVa ts vpb*ty of ow bu￿1￿ *ilh upJrades and enh8nC￿gnts. 59veral olwthic* were grant ￿rKI&d, ￿J￿JI￿.' I￿rkS to ineMaa• the numteroltxr Pa￿ sp•xs l¥NJ kxl( r¢qLMred pLgrMg ￿nr*S$￿)n b) enafAe a Larger. bjnger-temi proJe¢Xof enhw¢￿Rnt in this aFEal. . a volufiteer-led proJedtQ Lpjrode th8 Outdoor ga￿ wea aThJ mak• itmcfft aceAsstle. . an onwiry progranwr* to recnjit trxporate vdunteer teWn5 to wint. L*an 8ThJ ref￿h Ihe ￿)￿lJ￿￿, Mith most of thè internal areas relreshwl ty >xh ¥￿nt* . new18PtOP5 forthe stsff tearn, wcrtec*rvJ ablrty, fr)rnJr• fi0x￿o workiThJ. cirtinue to aFpty ts grant fvr#Jiry to w)rt maythnm LpJ*5 plaThwJ ietlawr*nt of leaking boibr, wrchase ofa flOorSte￿ dew. Ibt•fjtYJ, blrrfjs knJ*irry ￿ Ltherneteswy mafftnarKe and ryro¥ement Page 2 Swindon ThBra se￿￿0$18 Rè 18tsmd num Mu 62 Tru#tèe8 r Endad 31 Ma￿h 2023 ACHIEVEMENT AND PERFORMANCE- cOn￿nUed Focus on key slèkehold&r ￿lat￿%￿l￿p￿. As m¢nlior¢d br*fly above, the staff tsam ￿ntInl￿d to establish and g producaive ￿la110￿5h1p8 wrth r8ferrer5 from within th8 NHS. Beyond that, otherkey stakehokler5Wtth mu(* deepe and strongèr r•lation$hip$ for9td indudéd othèr ehanth•s, volunteer groups and ￿re provitlers, the fire Ser¥￿e, professional heaNh and s8f•ty advistrrs, mathèting 8ThJ wébsrt• support and the Swi[￿on Borough Counafs aox86ib physi￿1 8thvty seNlCe, who now advertise our servi(wto a n8lwork of r*18rra￿ and o)mrnunity groups. Corporate vglunteeriThJ partnewships were strengthen￿1 Ihroughout th¢ year ￿￿th Zimmer Biomet, Zurich Ccmmunity Tnjst and Mat￿nw￿9 Building Soryety, wme gfwhith enabled lo ¥taff grant hJnding wogratnrTES, leaffl fiJrvJrai5ing and M￿lad ¥olunté•nng proj•d8 to ènhants our building xnd grtsunds. A speaker prtryramThe developed and rnaintsi￿d to bring helptul Suppo￿"ve organwtv)ns in to infomially chattrj inlerested serv￿0 u8er8. wth speak8r8 from a dI￿r8e range ol organisats'on5 Induding Healthwateh, Tharnes Water, Lif¢ Psycknksy, wiltshi￿ Police, Bobby Van Trust and W¢stl¢a Fite Se￿￿?. Voluntsetr. The tDJstees (wh) are all also volunteers) wsh to rewrtl tt*ir g￿le￿Il thanks to the othÈr regular v￿uNtéérs Inew and longstandingl who 50 wllingty donate Ih8irtime and 5eThice to our cause. Their $uppor( particulady during the erner9en￿ from Covid and in the face of tha othèr prèssures menioned aly)ve, cnnbnues to be an inspirab'on and t hava individually and collèctively ensured thalthe charity is able to continuè to prov￿8 cam and support to rt9 members. FINANCIAL REblEW Flnanclal posltyt)n The effect5 01 ¥twty r¢ing ¢osl$ of I￿Ing Imp8¢tod gftatly on Our mombers, e5peoally in relatic)n to their ability to make donations to the tharrty, with that samè inpact ot¢tNed loroth&r frmdets Who￿￿uld nomially support ￿ during the year. Evenwih a growiNJ numberof usarn. sustaining l•v•bof donations, whilst they in tum striggled to cope *ith cost- f-liwing challenges, tecame harder to achieve than 8t any time in recent years. And as demand for grant fvndirvJ rA)wndingly increased acTh the voluntary sector, 50 supply efsuch funding became mu¢* harder to secure. Desp suth a tha1￿ngIng envirDnment, ¢harfty wa$ abk tr* gprErnte income 01£201.330, alrno81 eouivalentto that raised in thg prioryèar1£202,3161. EMergen￿frOM thé'paThaemicpars'enta1l￿ a gfèat deal of not un￿K￿Cted butn¢Jnetheles8 Costty operational thallerKJe. Runfiing tsjsts lor staff and sekf*mployed wntractor salaries and attendant btnèffts rètuméd to a ptrst-pandtmic'mmwl, lev81. Exc*ptits￿l and Ullexp￿d geopolib'cal events to a steep lat l•ast fwr-foldl In¢r•ag8 in our •nèryy o)sts. Activity to undertake improvements to facilitie5, Induding various ￿paIts to equipmen( furfher aItsrat￿ns to the roof and InrfcMI to extend our car parking arrangements and scfrE Unexp￿ [naIntenan￿ cA)sls. required use ofpreviousty acquired and tètained )InanL¥al resources. The need to respond to, and in wme cas8s s*ek to finalty ra￿1¥8. s•¥eral unexpeded. r￿p1•X and 50nSitiv• safeguarding fflatters roquirod us• ol lunds from ￿serveS. The total speThJitvJ forthe reporbng period refie(aed this complex anrl last eV0￿1￿j enwronment and amounted to £278.898. The net outC4yne lor the year was therefore a 'tradlng' deMI of £77,568 Iwmpared lo a d8firit of £117,648 in the prior acc1￿ntI￿j year ending 31 Marth 20221. pollcy NotsMthst8nding the L￿al￿gIng environmenl described above. the charitable cornpany maintained onwjing ¢ofttrol of expendtture throughouttheyear, such that a ra¥erv¢ occowrt hok4iThJ fund5 equiva￿Thtto three months njnning costs, was susiaine(J. Free res•ws, •xc4udiro furnjs ￿ld a8 dèsignatsd and assèts. £80,085. This reMaI￿d in line with our res•rv•8 policy. Golng cO￿•M After making appr¢priatsenquirf¢s, the trusto0$ ho¥0 a rtasonabl¢ ¥xpectatlDn thatthe company has ad￿Uate resources to ts)nts"nuè in optrational è￿$tenCe for Ihe loreseeable future. For this Mason, thèy continuè to adopt thè going coneem basis, under th• histofic*l eost C￿V￿ntion, in preparing the financial itatem•nts. Furth•r details r•gardin9 th• adoPt￿n ol lh8 going (y)n￿M basis c8n be knnd in th8 Acmunting Pdiae5. Page 3 Sndon TheTr Centre lor rtof th• TnM•E the Ye*rEn 1 March 2023 STRUCTUR4 GOVERNANCE APLI MANAGaEKr L•gal Struc￿1• The Company was incorwrnw in Er¥Jland and Wales 1Clh 199S a￿1 by gu*8nlee Witho￿ share C4Prtal use of'LYnVced' exemption. under ￿panY number 03031e&. It ts a register￿j Charty under number 1047353 aL80 OFerates under ￿ name of"N¢uro Centre.. Oryanlsatlonal 8trw¢tsre •nd de¢b1onryma￿ng A Trustee Boarf. rnnwsliThJ of aFprDpriaie off￿¢r$ tr￿￿e$. quar*rty to o¥pw8ee the strateg￿ dire¢*)n and iDWenRntation. ¢harwJe mgnogwrent ar￿ pr(sress. armj miew ts firwiri* omonw other govemance matter5 Inducllon and tralnlw of nNTtrn•tr¢s The CEO a￿j Chairare [espOns*￿ forerounThJ thatne4Vtnts*•s am1￿￿[al￿ad*Ith the strategy. objec￿. operational adiwties, r&80urcing and finanrxsoflhe thaiity tW"rdut*5 as Intss by ofcharity Cornm￿On guides Ilsk rnanagement The trustees have th• majornsks Ihe ¢¢xrwany 15 e¥posed. n Wh￿lart￿0)ye reLqted to the operath?n8 afid finar￿￿ tsjmpany and ar• sa11sfi￿ that S)?￿11$ ￿ pr[￿*re5 are n p* to rnrt* ewure to Ihe major The trpxtees have NJeTrtif*d the top 1. Financial Sustsinobilty.. ￿f¢d >ffNient to [￿et th8 crsts to SL￿Tr our charity. 2. Fwdraisin9 irnpairrmnt th) not r•c*Ne sufvient ￿Klert* LTrnt an(Uor cunnwnty fvJThJraisW￿ ac*vity lo delN*r ofirm. 3. injury ordamage. A n*rtw, vrALMrteeror81off r[￿[r￿1 TAthilst li (￿rIa￿1rtY andlwdwnage ocojrs to Jr prowrty or equipmenl tocauseme th) not *tend trj m*VbrNJ actbxts. 4. Outcome npairrnent Wg th) nc4 delistr expec*ed inwa(# aNI ￿rtcc￿ to wr 5eMC¥ wr5. thèir tamrs atsjlor th *Jer commurity our otlects say th**E 8gr¥*. S. Safeguardiry". V* f￿"1 in our satsJuardir¥J tUpJatrM. For ea¢* of th? tcp fve risks {aTrJ all dher risk5 that vn *JentifigJ wularly o)n8iderl I￿r¥ arg ri8k¥ a¥¥w8¢ed ¥￿1h our M CO￿lucL the -aTh orvJory tr)M￿ntI#ll￿ on to t￿r members a*py as b) erwur>Je dwlK)ns. whilsirec(>gnisir¥J. Ihe nged to ￿p1￿￿O￿atrOn income dthers0urcesforl1Y￿ Lvthtodonat• lemphasiwg that** th) ￿t mak•d•lN•ry ol our serwts conkn"ngenton abilrty or prorertsity to dC￿ate). - careful monitoring of the exFe(#ab'ons of our servio users, IhroLW orgoiry dK8k4ue b*AEen thwn and our Support brkers and volunteer¥ arKI by a'lT*rt*rfrm gro￿". tt¥nsklering and regularfy rev￿7￿9 the exknt . a continuo￿% rev*w of saleguwdYrfJ rth ￿ requ¥wJ *YJ"C￿3 iThJJdiry, necessary. •rrfJagiTrg external ￿enC￿$t0 a0￿e on and a&g¥twith ols*guardry risk& Indon Thera tre for isterod num 31 Re ort f the Tru th Year En 31Ma h 2023 REFERENCE AND ADMINISTRATIVE DETAILS Roglstered Comparry number 03031862 (Engignd aThJ W8les1 R•g181ernd Ch•rfty number 1047353 Rg9hter•d office Bradbury House Wg8tmead Drive Wèaknead SI￿ndOn wit5hire SN5 7ER Trn•te•• T Culling R Hill Ire¥vJned 24.1.23) YOmot050 A Saunders C Layton (appointed 15.3.231 S WelL8 (appointed 20.7.23} J KÈppel (appointed 1.11.231 REFERENCE AND ADMINISTRATIVE DETAILS Indwndent E¥afftln•r J8mes Gare Monahan8 Chartered At￿Un￿Thts HE￿¢¥ Hous• Firè Fly Avenuè sw.ndon MghirB SN2 2GA I2J.W.￿.&(.￿ZS... and SKJ￿1 on ts tehalfby: Approved by order of the board of trustees on .. ... .. .. .. ..... Page 5 Ind nt Eyamin• in Re ort Centre Th Mul Indepgndènt examlnerfs rnportto the truBt•e8 of Swlndon Thernpy C*ntrn foy Mulllple Scl8ro81s Ilhe Compan￿) I report to the c*wty twstets on my examinakn.on of th• acc4unt5 ofthe Company for the y*arended 31 2023. R•spO￿lb1Ilth8 and ba¥18 of report As the chariws trust8e6 of the Company18nd also its directsrs for the purpose5 01 company lawl you are responsble for the preparation ofthe acwunts in awrdance vith the r8quirwnents ofth¢ Companies Act2￿6 Ilhg 2C#]6 Art). Haviry Satisfied my8eff thatthè attounts ofthe Company a￿ not required to be a￿lted undèr Part 16 ofthe 2(Th Act 8rKI arè elvJible for independent examinalign. I report In respecl ol my exwnination of yDUf tharity's acwunts as csrned out under Section 145 of ihè CharitEsAct 20111'the 2011 Artl. In CArrying out my examiiatioD I have fr41ry*ed the Dir8ctions given by Charify Commission undèr SectK)n 145151 Ibl of thtr 2011 Ad. Indepondert •xamlngrf• ststèwont I have ￿M￿eted my examination. I tenffirn that no motters hav• cm to rny knntic￿ in o)nnethon Wilh ts ex￿nInatiOn givmg m• eauge to believ?." ar£ounting wcords w8re notkept in I•SFect ofthe C¢mpany as rnquired by Serath 386 ofthe ￿ Act, or the acLounts do not accord wth Ih¢)se r8cords', or the a¢￿￿Tr(s do not c(xnply with the aeLounting requirements oi seCt￿rt 398 of Ihe 2LW)6 Act olhèr than any raquirewent that th? accounts give 3 true and fairyiewwhth is not a matt•rcOnside￿￿ aB partof ￿ wwJ8penderrt Èxamination. or th• acLYJunts h8ve not been prepgred ￿ accordan￿ with th• methods arKI princiJl88 ol the Statement of Ree4mnwrHled Prath"￿ for accounting and reportiro by c*arilk¥s (applicable to thorit￿$ p￿pariry their actounts in acrx)rd#nce Iwth the FIn¥r￿la1 Reporting Standard aPFIKable in the UK a￿1 R•public of Ireland IFRS 1021). I have no *>)ncem$ have come acro8B no olher matters ￿ connec*￿ wilh tho exarninatsoTr to att8nknn shouh bg dravm in thi8 report in orderto enabk• a proper und•rstaTrJing Of1￿ aecounts to be re8thed. Jam8s Garg Monahan8 Chartered A￿)untants Hernès Hou¥9 Fife Fly Avenue Swindon Wiltshire SN2 2GA Date,. 13 Decem.k.o.r.20.2a. Page 6 Th•ra Ststsamntof fortho Y•ar Ended 31 March 2023 Total funds 2022 Total tur¥J INCQMÉ ANO ENO(MAENTS FROM Donati￿$ and *arye8 PJ),910 155,930 177.630 C￿ll￿bI* #ctl¥ltlo8 Th•r8py SLW)rt 1,32B Clhertrathng aGtiVit￿9 In¥esth*nt intr)rr• 45,128 272 4S.128 272 23,352 Totsl 201330 202.316 EXPENDITURE ON Raising funds 1.030 2,738 Charttsbh •ctMtI•• Th•rapy and Support Totsl 170 319984 NET INCOMWIEXPENOITIMI Tr•n•hrn b•twwn lund• 129.8641 129.C#y)I {18.6991 177,5681 1117,8481 N•t ffl*)wm•fit In fvnd• 317,270 IYJS,1811 177,5681 1117,6481 REC014CILIATION OF FUN08 Totsl lunds brought forwa 78.742 432.805 396,181 ￿￿7,726 1.025,378 TOTAL FUNDS CARRIED FORWARD 830 1frJ 907 728 Swind el8ro$ls Ba￿nCe Sh 1 March 2023 2023 Total fI￿d8 2022 Total frJndB Unrestri¢*d ftsnd Designated funds RestrK*ed funds Not•$ FIXED ASSETS T8NJible Assets 14 965,441 965.441 .447 CURRENT ASSETS Deblors C•sh •t bank •nd in hand 15 4,349 4,349 1.789 103,243 91,209 91,209 105,032 CREDITORS Amounts falling due within ont 16 111,1241 17.8521 118,9761 116,204) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT UABILITIES 80.065 957.589 1,037,S74 1.083,275 CREDITORS Amounts falling due after more than one year 17 1207,5141 1207,5141 1175,5471 NET ASSETS 750,075 FUNDS Unresln'¢te(I fund$: Gèneral fund DesKJn8t•J fixe*J a￿t fvnd 20 80,085 7B,742 432 805 830 160 511 547 Re8triLted funds TOTAL FUNDS 830.160 7.728 The tha11tab￿ Ix)mpAny 19 entitl&J to exemption from authl under S¢¢Oon 477 of the Com￿leS Ad 20C6 for the year endEd 31 Marth 2023 Thè m•fflbèrs havè not reqtsireLJ the rnmpany to obt8iTh an Audit of rts ffina￿al statomonts for the year •nd•J 31 March 2023 in accordan￿ with Section 476 of the CL¥npanie$ Act 2LK)S. The trustees ad(nowledge I￿￿r re$wnsibilth$ l¢r enSUn￿ that the charitable o*)mpany keep$ x¢ounting records thal cAMiply wrth Sect*)n5 388 387 of the Compani•s Aet 21kn aThJ preparing financial statements whith 9ive a In￿ and fair VEW of the stste of affairs of the Charitable ¢(thpany as at the end of eath finanrial year and of its surplus or defi(4t for each finanrial year in acw¥danrE w￿1h the reqU1￿MentS of Sections 394 and 395 wh￿h otheN￿se comply the requirements of the Companie8 A 2006 ￿l*"ng tv finanGial stat￿￿￿, eo far as app1K*b￿ to Iha tharrtat48 company. bl The notes fomi part ofth•8t finane4al statements Page 8 nb"nued... ndon Th 818 labK• Sh••t- con￿rtU*d Thtae ffiThan081 statemerts have prePa￿d in accordance ￿•th lh• provisiens apFlIc8b￿ to charit¥bk8 (xynpanN bied to Ihe 8mall conwan￿$ reglm•. The finandal slalementswere approv•d by Ihe Board ofTw8teeB and OUt￿nSed for186ue on.1z..￿ Al and ¥1gned on rts behalfby.. ru8 The note$ fo￿ part ofthes• finanoal statemenls Page > nTh•rn le Sclerosls FInanc￿l 5 Y•ar Erxled 31 h 2023 GENERAL INFORMATrON Sw'ndon Thèfapy for mU￿pIe Sdergsi5 is an inL¥)rporèt8(I charitabk company i￿￿￿rated in ETrJl?nd I W*¥ . In the event of the chaiity teiTrJ wound up. the liability in mspeca of the guarantee is linrted to £1 per ￿m￿*r of the charity. The &Jdre85 of the registr￿ offi￿. the nature ofthe th8rity'5 opefatiDn5 and princ4P81 a¢thitia8 a given in the Trustees Report. ACCOUNnNG POLICIE8 BasL8 of p￿parIng the Ilnjnclal $tatements The financial statements of the chadtaNe company, whith is a public ￿[l￿fit ?nlty wder FRS 102. have prepared in accordance W￿th the Chanties SORP IFRS 102I'Ar£ounting and ReportirrfJ by charit￿5.. Statement of ReCC￿mended Pradic* applicabk lo ehantss preparing thwra￿u￿ts in ac£ord8nC* With the FinarKial Re￿rtIng Stsndard applicable in the UK and Republic of Ireland IFRS 10211?ffe¢bv• 1 January 20191,, Finanoal Rap0￿"n9 Sland?rd lo2.￿ FinanrAal Réporting Standard applicaNe ITh the UK and Ropublic of Ireland. and the Cotnpan*s Ad 2008. Th• finanrial statsrrents have been prepargd underthe hi$toritsl cost o)n¥ention. The finanaal statements prepareLI on a going conwn ba81$ und2r Ihè hk%toii￿I rx>st conv¥ntiu), mtsyified to include certain items at fair valuo. The financial st8t&m8nts are pr￿￿tsd in ster1w¥J whith ￿ the ffijnctional rrency of the tharity and rouTrJed to the nearest pound. In¢om• All incam• is reccgnised in Ihe Statement of Finanthal ActNitles once the charity has entiyement t¢ tho fwbJs, it probable that the income will be reoived and Iht amount can be rnea¥ureJ reliably. Fordon8￿n$t0 b• r•cc•3nised the c*8rity ￿711 have been notlfied of the anKJunts and Ihès•tu8mf￿tdate in vrriting. 111herg arB conditions attathed to the donation arKI this requires a lèvèl of p•rf0rMar￿e before ontillement ean be obtsined then in¢m is dafèrred until th08e conditsons are lully met or the fvlfilment of those condibons is ￿thin the control of Ihe tharty ar￿ rt is probable thatthey will l)e fvjlfilbd. No amount is induded in the finanrial 8tswnènts for ¥C￿nteer tim• in lin8 SORP. Fwther detail 1$ gwen in the Twstees, Annual ReporL IncLYn8 from tr￿ing acti¥￿e9 includes in(¥rne ?amèd 1￿M fvndrai8ing events and tr*ling activibe8 to rak8e funds for the ehanty. Incon* is receNed in ex¢*aryè far supplying gor*s and servws #i order to rai8e fvnds arKI is re¢xpJnised wl*n •)trtkment cwJrrEd. Interest in¢xme 1$ recogni￿1 using the effec*ve intwest Expondlture Liabilitièsam recogni8￿ a¥ gxpendrture as8o¢n •$there is a leyal orconstructNeotA￿aIlOn￿rnItbngthe tharity to thalexperbdiiure, rt is probable that atranslerolecx)nom￿ be￿$ will be requirvj in settlement and the amount ol th8 ¢Jbltqation can be measured rÈlIa￿y. ExFeftdi￿re is accounted for on an arwuals basis and has been dassified under headiros that agg￿ale all cost related to thg category. whe￿ COBts cannot bè direthy attdbuted lo particular headirys they ha￿ been allocated to ac*vit￿S on a basi¥ c0n&stenlv￿th the us• ol r•sourees. Tanglbbv flx•d a89•1s Depreciation ia provthd at the lollwng annual r*¥ iti ordertC*write off eath ass•t¢)ver its esthMat￿ u88hJl Ife. 2% on strai9ht lin• basis 10% ￿ redutsng balance 20% on reducing balance 25% ￿ strn￿ht line ba*$ Freehold P￿pertY Oxygen Chamber Equipment Computerequipm8rrt Taxatlon The tharity ts exwrptfrom CObporatKJn tax on its charitabk a¢l¥ftw. Fund •¢countlng Unresthcted fvnds can be u8gd in acc(Irdan￿ th• eharitaNe objectives at the disoth.on olth? tru$ws. Restritsd fur￿$ can onty be uaèd forparlir￿ldr restricaed purpo￿ within the obpcts of the d￿rity. Rèstrithorra arise by the drmor of when are raised for particular rostrthd purposes. Page 10 )ntiThued... Indon Thera Ce Multi e S¢lero$ nts- contknued r Ended 31 March 20 forthey ACCIXINnNG POLICIE8- contlnued Fund a¢¢ounllng Furtherexplanalon ofth• n8tur• and purpos• of trach tund k8 Indu￿￿ in the notes to the finan￿1 statenRn Penslon costs and other po¥t-retlrerngnt Th• tharitabkn company operates a defined contributnn pen$ion xh&mg. Contributions payabk to thetharilab companls pansion Id￿m8 are chatged lo the Stsleft*ni of Fin￿￿81 Advrt*s the ￿riOd to they reLote. Debt Trade and other debtors are re¢))gnised at the sett￿￿nI an￿Unt due after any trade discount off¢rnd. Prepayments are vasued at the amount prepaKJ n¢1 of any trade dkqcounts due. Cosh •t bank and In hand Cash at bank and cash in hand Indudes cash and shorttem hlghly IV4U￿ investments ¥Mth a short mglurily oflhr8e months or ￿$$ from the date ofa04uisrt￿n ¢x epaning ofth• depo&t or simlar account. Cr•dltorn provL8lon• Creditors and provisions are recogn￿1 Ihv th8rity has a present Ob￿gatI(￿ resulb.ng from a past eventthat 11 pmbably rèsull in the transfer of lunds to a third party and the amount due to setue the ot4lgat￿n can be measured orestirnated reliably. Creditors and provi￿0￿6 are norrnally t8￿9￿￿8ed at Iheir settlemenl amount after allov+ing for any trade di%counts due. Flnan¢lal In8lNmonts The tharity only has financial assets an¢1 finanoal liabiMie8 of a kind that qualfy 8$ basi¢ finanior in$trumonts. Bas￿ finanual insttjrnents a￿ initialty recognised at tran5a(*on value and subwu*nity mèasuréd at their settlerrEntvaluè. DONATIONS AND LEGACIES 2023 2022 Donations aTrJ grants &"ft akl 153.1148 2.882 176,159 15593Q OTHER TRADING ACTNMES 2023 2022 Fundwng events Membership Rentsl income and hire ol equipment Other irK¢ lo,2￿3 3,700 18.9(K) S,938 3,785 11,499 INVESTrIENT INCOME 2023 2022 Dermit xccrtjnt interest 272 Page 11 conlinuad... Thera Cen Note• Fln•nclal Slate Y•ar Ended 31 INCaME FROIII CHARITABLE ACTIVITIES 2023 2022 Activty Therapy aThJ s￿pOrt Grants Grants r￿￿¥d, Sn¢kthd in the above, are 88 tsIknwB'. 2023 2022 Coronavir￿¥ Jrè Retent￿rn Schem• RAISING FUNDS Ral•lng donJUon• and 2023 2022 Fundrdising costs CHARITABLE ACMVITIES COSTS D1￿cl ost$ costs Is note 91 Totals Therapy $TrJ Support SUPPORT COSTS Govern3ric8 Costs Managerrent Finar￿? Th•rapy and Support 83 776 405 10. NET INCOIKIIEXPENDITUREI Net iwKorTEllexpe￿lrtUr8I i8 $t8led after d￿rgIng1(C￿drthng)., 2023 2022 DeWe￿at￿l￿. OWT*d assets Ind•pendent examinathon 29,OC6 2.035 31.9)1 2.102 11. TRUSTEES. REMUNERATION AND BENEFtTS T￿re w•r8 no trust88s' rem￿)eratIon or oth8r b8n2fit5 knrlhe year end￿ 31 Marth 2023 nor for Ihe yew ended 31 ma￿ 2022. Tru•teeB' •xpen88• Th6re ¥4Ere no tru¥tee¥' papa forthe yearen(W 31 March 2023 ￿r fortr￿ year8TrJed 31 March 2022. Page 12 continu*... n Thera Multl le Sclerosls Nota8 to the Flnan Ista f rth?YearEnded 31 nlB-conllnu8d 11 STAFF COSTS 2023 2022 Wages aryl Sal￿ s￿al security rnsts herponsKsn co¥ts 140.891 6.269 6,173 130,162 153333 Th• 8￿r4e monthty number ofernployees during the yearwas as f￿10￿.. 20rJ 2022 Emptoyees No ern￿OyeeS recewed enJ)luments in exLE¥¥ 9f£80.￿O. The key management ￿r$0￿￿1 Of th¢ tharFiy ¢tyxpriso t￿ tsu$t¢¢$ and lh¢ Ch￿f Ex¢¢utivo Offjcèr. Thè t¢t•l empbye• b•nèfts tsft￿ k•y mana98rnent person￿4 ofthe thariiy wtrn £52.46712022. £50,8901. 13. COMPARATIVES FOR THE STATEMENT OF FINANc￿L ACTivrrES Unr8strthd Designated fund lunds Restricted funds Total 114COME AND ENDOWMENTS FROM DonatiMs and 18gac4es 89,2 68,3•) 177,630 Therapy and Support 1.328 1,328 Othertradiw aCtivit￿S Investm8nt in￿)rne 23,352 23,3S2 Total 113.936 202 316 EXPENDITURE ON Raising fvnd8 2.738 2.738 Charftsblg Oftlvlugs Ttr*rapy and Support 178,477 122,413 317.226 Totsi 181215 NET INCOMEIIEXPENDfwREI 167,2791 16,3361 I34,0￿) 117.6481 Tran8f•rs between funds Not mowment In fvnds 1511,CM41 432,80S 139,4091 1117.6481 RECONCILIATION OF FUNDS Total funds brtyJght fon¥ard 589.786 435,59J 1,025,376 TOTAL FUTr￿ CARRIED FORWARD 78,742 39S 181 907.728 Page 13 continuèj... n Th•rd leros • Flnanc forth•Y r Ebxl•d 31 Marc - conllnu TANGIBLE FIXED ASSETS Freehokl prO￿[ty ygeft Chamber Conyuter uipm8nt EquipmÈrtt TotaL8 COST At 1 Aprfl 2022 aThJ 31 Marth 2023 942 136 1 197 405 DEPRECIATION Al 1 April 2022 char￿ for ￿ar 17,776 17777 80.030 103.485 1,6S7 202.958 29.006 At 31 March 2023 3$ S53 111 928 NET BO¢JK VALUE At 31 Mar¢h 2023 908 583 25.080 965.441 At 31 March 2022 Induded In (x)st or ¥a1uation of and buildirvJs i% treeho￿ laTrJ of £53.333 12022 - £53.3331 which is not depwatsd. 16. DEBTORS: AklOUMTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Trade deblors PrePa￿ents 3.672 357 1.432 4.349 16. CREDttORS. APAOUNTS FALUNG DUE bllTHIN ONE YEAR 2023 2022 Bank loafig and overdrafts (See note 181 Trade creditors Soaal security an(1 otsr tsxes Other credrtors Ae£nJaLs and deferred inc¢mg 7,852 836 2,582 3,604 8,615 2.126 18,976 17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 2022 B8nk loan5 Isee notè 181 207 514 18. LOANS An anaysis olthe matuiity of ban¥ is gr¥$n bek)w.' 2023 2022 knitsullts lalling due Mgthin ong yearon demarK1". Bank108r Amounts faling b8Wn one and ygars.. B8nk1ts8ns- 1-2 years Amounts falling due bets¥Een and fve years.. Ba￿ loarts- 24 yea 30 074 30,536 Page 14 conts"nubJ... Sclèros Notel to th• Flna forth•Y tatèm•nts-con 31 March 2023 r Ende LOANS. contlnu•d 2023 2022 Ampunts falling due in more than fv• year¥: Repay￿￿ by irtstalments." Bank loarts ffl0￿ 5 yr by in¥tsl 168.929 13fj,214 SECURED DEBTS follomng $8CLThI debts are Induded vlthin tx•d*orn'. 2023 2022 Bank lo￿ 184 162 Tre bank loan ts 8eoJred by a leg81 tharge overthe I￿ri￿8 freehdd PTOFerty. MOVEMENT IN FUNDS Net movement in furKJ$ Tran8tsrs beN¥een fvnd¥ At 31.3.23 At 1.4.22 Unrtttricted fvnds Genaral fund D￿l￿a￿d fixed a8eet fijnd 78.742 432.805 129,8841 31,207 346,275 80,085 750.075 511.547 158,8691 377,482 830.1eo R•strl¢ted fund Property Oxygen ¢hanber Equisjnent 344.303 1,652 31.527 3.119 (344,3031 11,6521 131,5271 13,119 19,5801 Support work•rsalarn$ Cor8 Cc6ts 396.181 18.699 TOTAL FUNDS Nel movement in hJr*Js, induded in the atrthe are a5 follovts.. Ir￿e￿Ing sour￿$ R8sourc*s mov￿nent in fvnds Unmat￿tted fvnds G•n•ral frjnd Dè*gnated frAed asset fth 140,420 1170.2841 129,8641 140.420 1199,289) 158,8691 ReStrIct￿ fvnd• othei sUpport￿orker saL4ies Physio Core Costs Garden Building maintenance Car pa 13.1 191 19,5801 {22,0451 (32.1101 13,1201 14.6351 13,1191 19,5801 26.110 3.120 4.635 16,CA)01 TOTAL FUNDS 276 8981 77,5681 Page 15 conbnu&Y... Th Flnanc*l State . convnutd Y•ar ed 31 March 2023 for 20. MOVEMeNT IN FUNDS-eontlDued Comparatrm for moT4•m•nt fvndl Transfers movem&nt in fund5 Al 31.3.22 At 1.4.21 funds Unmljletsd fund8 Gefièral fund Oesvjnated f￿ld assel fvnd S89,786 167,2791 1443.76S1 449.141 78.742 589.786 183.6151 5.376 511,547 Re&trl¢tod lund8 Property Oxyg8n charnt*r Equiprngnl Computer5 351,329 1.836 39,4( 72 3,119 23.825 10,0 6,0(Xl 17,0261 11841 17,8821 1721 344,303 1.652 31.527 3,119 Roof Oxyg•n Roof and #olar paneLs SuFy>rt*Jrt(er salaries Core Costs 123,8251 110,0001 16241 9,580 15,3761 9,S80 34.033 TOTAL FUND8 1.025 376 9D7 728 Comparative net rno¥gmEnt in fvnds, includ•d in the above 8Ke as follows.. In¢wMng ResourL*S Mova￿t resoww expended in frJnd5 u￿reStrIcted funds General fund DesvJnaled r￿ed ass&t fvnd 113,936 1181,2151 167.2791 113,936 1197,5511 183,S151 R•strfcted fvnd¥ Property Oxy9en chamber Equiprnènt I7,0￿) 1184) 17.862) 172 (31.8251 (10,0(K)I 16241 16,7721 12,9751 110,0001 116,t)001 12,04ei 17501 28 2571 {7,0261 11B41 17,8821 1721 123.8251 I10,OC￿l 18241 9,580 Roof Oxygen Roof and Solar pa￿1 SupF)Qrt worker Sala￿9 sporti￿ actMti8S Lead phwo salary Phywo Chairs COUn￿lI1ng Cow Costs 16,352 2,975 10,0 16,OC 750 6.000 122.413 TOTAL FUNDS 202 316 ReBtricted funds.. ygen charnber- funding r￿1Ved to Purch￿ the oxygen chamtrer ProFerty. fU[￿raIsi[￿j I￿1¥¢d to purchase tho property at Wes1mead Dft EquiF¥nent- funding ￿Ned to purchase various rtgms ol equ¥￿ent Computern- bJndr849iw r￿1ved to purchase IT eqiwpmont Page le continued... Multi lo Sc Fl for the Year Ended 31 M*reh 2023 20. MOVEMEKf IN FUND8. C￿rt￿y¥￿ Other. lundirwJ frcth th& Fourthl Roof . knding ¢0 replare the rDofat WÈSlrn￿d Oxygen- frJndillg to ccNerts of ttwapy Roof and ￿1# panèl$- to repla￿ the mDf a￿1 a&1 on 8c*p• Swrt ￿rk•r#a1arle$- fvndin9 to co¥•r the ojsts of J&wxt *fjt*•rs SportitvJ gctiviti•s- fuThth"ng to provbjè sporkng thrhes Lead physm) salary. fundin9 to ¢)ytst￿ costs olthe *•J pliywj 8dary Physo. fijndiw to coverthe costs ol K￿ya￿l Chalrs- fundirrfJ to pulcha￿ thoirs Couna•lling- I￿￿ing to sNvMdè t￿n$¢I1rV CorB CQ8tB. thJn(kng to c￿arth8 cor8 c￿$t0 oftho chanty Bui*ing rna1ntenan￿- fu￿ ft>r martamiThJ th• pThni Garden- fvrrt1irrfJ br nw ¢¥y1mu￿1 g•rd•n t*signated fur￿". Des&nat•J fix•d •8*. Ihr4 fund r• tt> rwt boc4( vaknl ol unm8trb*d fix* oswJ loan held as s•curty awn8t ￿ prcyrty. Trnn$ftrTB. fved a$￿ts previou* in r•stnd•J ftJTrYs hwe been to thg deo•Jnat8d fued a88et fvntj as no known r08tndk)n 18 in pl8c• lor Ihoir uv•. 21. EMPLOYEE BEPEFIT OBLIGATION8 The thanty 0￿ra*S a defin•d c£*th.￿l)n ￿nI￿)n Th• costs 1)r th• wa8 £6.17212022.. £5.3781. ContrtKthM totallirq £80912022" £2.1Z61 *•r• at lh• balanc• 8h••t dat•. RELATED PARTY OlSCLO8URE8 Th•re wern no rel*d paty thins•QiorA *>r th• ￿ orth 31 Marth 20rJ. P￿17