Company registration number.. 04501975
Charity registration number.. 1095695
MS Therapy
Centre (NW)
Helpingpeople with MS, their famllles and carers to Ilve an Independent life.
The Multiple Sclerosis Therapy Centre (NW) Limited
IA company limited by 8uaranteel
Annual Report and Financlal Statement5
for the Year Ended 31 December 2024
The Moffatts Partnership LLP
Chartered Accountants
Suite 1.1. Jaekson Flouse
Sibson Road
Sale
M33 7RR

The Multlple Sclerosls Therapy Centre (NW) Llmlted
Contents
Foreword
Reference and Administrative Oetails
3to4
TnJstee5 Welcome Staternent
Stru¢ture. Governance and Management
6tts8
Financial Review
Revlew of Charltable Actlvities and Engagement
9t013
Staternent of Trustees. Responsibilities
14
Independent Examlner's Report
15
Statement of Hnanclal Artlvltle5
16
8alaftce Sheet
17
Statement of Cash Flows
18
Notes to the Financial Statements
19to34

The Multiple Sclen>sis Therapy Centre (NW) Umfted
Reference and Admlnlstratlve Detalls
T￿ Trustees of the MS Therapy Cefttre INW) present the AnTh￿l Report ènd Antnclal St*ements for the year ended 31
December 2024. They ha￿ been prepared In accordance ¥Ath the Ststernent of Re￿rnMended Accountln8 Prdctke:
Accountln8 and Reportlng by Ch•rltles IFRS 1021.
R•f¢i•Ke •fid A￿l￿$￿tIVe Ilrt•Hs
The prtnclpal offlce olihe charlty Is:
Bradbury House
6 Ellia Ann Street
Eccles
ManchertLY
M30 OGL
Charity Re8 No: 1095695
Cofflplny Re8 No: 04501975
In the ye•r •nded 31 December 2024 the foll¢Thln8 people ser¥•d •s TnJleek k+r the tyrpoS￿ of compny I￿ the named
Offl¢efS are also Olrectofs as It￿l¢ated.
M aarKy
A C Gllbody
A Hedlev
D G Hodklnson
A Hughes
B Slrnpson
N D Tett4h
s uttley.
{re518n¢d 30th September 20241
{•ppolnted 7th October 2024)
(resl8ned 7th October 20241
Iresly*d 7th October 20241
Irewed 7th Odober 2024)
Ireslgned 31st Mly 20241
All of the Trustees were Sn post for the 12 monih ptrlod to 31st December 2024 exept where Indluted.
Pale3

The Multlple Sclerosis Therapy Centre (NW) Llmlted
Reference and Admlnlstrative Oetalls
Ad¥lsws
The followlng seThlc8s were retalned by the Charlty durln8 2024
Solldto
Accowrtorts
North Alnley Hjlllwell
The Moffltts P•rtnershlp LLP
34-42 Cle88 Street
Chartered Accountants
Oldham
S¥tte 1.1. Jackson House
Lancashlre
Slbson Road
OLI IPS
Sale
M33 7RR
6•nkers
HS8C PIC
Oarclays 8onk PLC
Vllhy W•y
Manchester Clty Offic•
Trafford Pirk
51 Mosley Str*et
Manche#¢r
Manchest
M17 IBP
M2 3HQ
M•n¢htster Bulldln8 Soclety
H•mpshlr• frust Bank
125 Portland Street
PO 8ox 74003
M•nchester
Lortdon
MI 4QD
EC2P 2QR
Page 4

The Multiple Sclerosis Therapy Centre (NW) Limlted
Tntstees. Report
Trustees Wekorne Ststement
As we look back on 2024. and the first full year slnce the Charity rnoved Into new prernlses, we reco8nise the challenges and
successes we have seen. We are very proud of the efforts of our tearn and volunteers In brtnglng back Into operatlon 0￿1
5UPPOrt and ser¥ice5 to the MS communltv.
The inlilal return of mernber4 volunteers and frlends be8an Slowly and we a150 faced the challen8e of ¢ontlnuln8to fundralse in
order to pro8re55 the renovatlon of the l)uildin8. Since our inltlal decision to purtha* the property. it has been a dlfflcult
Jourrw* exacerbated by the InC￿aSe in buildln8 materlals and renovatlon costs and the challen8ln8 economlc cllmate. In
eneral. th15 has increased the cost of renovation by at least 25%. We c￿tInUe to look foTh¥ard and have now ffloved to Phase11
of the project and face raisin8 a further £ioo.orA) {at current costl wlth the Intentlon of being able io rnove into the 2nd floor of
Bradbury House.
Followln8 a vlslt from the Bradbury Trust on 22nd August 2023 a second award of £IOO.000 was re¢el¥ed in February 2024.
Th15 act of klndness allowed us to Complete Phase l of our constructlon and refurbishrnent proleci. The costs Incurred In 2024
for con5tructlon and redeveloprnent of the Centre was £22L361 and Phase I Is now Completed and pald for.
Slnce Covid 19 our ways ot working have chan8ed and we have tearned to adapt In ways that we have never needed to before.
We reco8nise that this affect5 everyone a55od*ed wlth the Char5ty and our valued staff team. Belng able to return to our
8atherln8s In the Dropln Centre has brought back the sense of 'famlV and of eouts• the cakes al￿ partles that we have all
mlssed 50 mu¢h.
Whllst our maln concentratlon has been on the renovatlons: we strive to conttnue provldln8 the everyday service$ we are
known for to our members, their familles and carers. We are acutety aware th* the development of the bulldlnB wlll enhance
those servlce5 and we are eternally 8ratefvl for the 8erteroslty of our dO[￿r$. partrter5 and volunteers. Wlthout them we would
not be able to ¢￿ate the moments of loy and comfort that 5UPPOrt people at some of the tougher tSrne5 In thelr Ilve5. 1 would
Ilke to thank each and every one of them forthetr bellef In the Charlty.
Our challen8es for the fvture In providln8 Sustainable income and ensurln8 that the bulldln8 is as enerBY efficient as possibl
remaln In focus algn851de the bulldlru8 development. We see the unlty brou8ht about by our common goals every day and bt
never ceases to amaze u5 when yet another hero comes Into our Ilves, stepplrq up to help. support donate and make
dIffe￿n￿ In the Iktes of people ihey may not even know. We continue to look for partnership opportunltles alon8slde more
efficler*t ways of workin8 and reducing costs. We work tlrele551y to Monitor proBress. measure Impact and Ilsten to our
beneflclarles and the wlder community in orderto develop lon8temi re511knce as well as addresslnslmmedlate needs.
We conunue to prornote our servlces and those of our partners at events and throu8h our artMtle5. We algo ¢hallen8e those
statutory bodles and or8anlsatlon to recognlse need and to proactlvely 5oln wlth us In meetln8 those needs golng forward.
Whllst the future wlll be thallen8ln& we alm to confront ￿ wlih reslllence. humour and humiknty In orderto meet ourowectfves
and to Ènhance the lives of those whom we serve. We hope that you will continue that journey with us and brfn8 new frlends
with you to help us achieve all that we can for our communlty.
Page 5

The Multlple Sclerosis Therapy Centre (NW) Llmited
Trustees, Report
Structure• Govwnance and Manaiement
olgovernlnq document
Trafford Multlple klerosis Therapy CentQ Wa5 re*tered wlth the Charlty Commlsslon on 29th January 2003. The narne was
than8ed at a 8eneral meetlngon 23rd Au8USt 2010 to the MS Therapy Centre INW). It is also a company limited by guarantee.
The adopted memorandum and artlcles are those provided by the Charltles Comm1$51on as a rnodel for a ¢har5table company.
The cornpany does not have share capltal. The company rnembers Ilablllty15 Ilmlted to £10 and the governlng document 1$ the
Memorandum and Articles of A5$0clatlon.
The Board of Trustees remains responslble for the overall governance. management and control of the charlty. Day to day
management of the Centre Is delegated to the Office Manager who reports to the Board re8ulaTly through Ilne management
m8etlngs.
The Charity seeks to Improve It5 al*nment to the Charlty Governance Code ft)r Small Charities ¢0 govem Its affalrs and
management of Its r15ks by:
Re8ularly revlewlng its Memorandum and Artldes of A55oclatlon to ensure that they are effectfve in 8uldlng and
5UPPOrtlng the work of the Charlty as ￿ continue5 to Brow.
CarrSe5 Out pertodk skllls audlts to inform the recrultment of new Trustees and bulld a Board wlth an appropriate
sklllsi gender and ethnlc balance.
Ensuring that the Board re8ularly reviews its ptrforn)ance.
Regularly revlews and assesses all key risks and ensures that those rtsks are managed proartlvelv.
Re¢nthentandAppolntmentolthe Boordof Trustees
In order to compfy wlth the ¢urreni Memorandurn and Artldes of Association a mlnlmum of three Truste￿ must be appolnteiL
Therels no maximum stated. New Trustees undertake arn Induttion process and experlenced. established Trustees are available
to them for 8uldanceand reference.
Further detalls of the recrultment process and responsibllltles are avallable In the Memorandum and Artlcles of Assoclatlon.
The Board demonstrates a variety of skills and experience in keepirg with the oblectfves of the charity and the need for expert
8ovemance. Sklll requirements are monttored and addlttonal Trustees proactively sou8ht If and ￿en requlred.
Indurtlon andtrathlnq oAtrnstees
New trustees Jre provlded with ternis of referen￿ and a pack of Inforrnation relatlng to the constltlrtion, gOverTran￿ and
operatlon of the trust.
The charlty b5 rnana8ed by the Trt￿tee$ Management Committee whlch comprises ihe company dtreciors. Thè comrnlttee,
whlch meets on a re8ular ba515. Sets the strategic dlrection of the tharity, a8ree an annual bud8et. and monltors perfomiance
a8alnst the bud8et. Company dlrectors are appointed by ele¢tlon as the Annual Ger￿31 Meetlng each year. Day to day
management of the Charlty15 delegated lo the Centre Manager.
Page 6

The Multlple Sclerosls Therapy Centre (NW) Llmfted
Trustees, Report
Majorrfsks andmqnogementof thwe rfsk¥
Risk Monogement
The major rlsks to whlch the Charhy Is exposed have been Identlfled and ￿nsIdered. They have been revEewed Jnd systems
0Stgblb5hed to fflltl8ale those r15ks. The Trustees contlnue to revlew and Identbfy r15k and to respond accordln8ty u51ng J
man88ad appma¢h.
ReseNu Polky
1$ the oplnlon of the Trustees t￿* the Charlty should hold financlol reseNes be￿Yse.
It requlres protertlon aplnrt the 8blllty to contlnue oper•tln8 desplte a $18nlflc•nt delay kn Income $lreom$,'
It requlres protertlon Should the Charlty lose 518nlfl¢•nt Inwrnelfundln8 or have to c¢85e Its operatbons and fullll
ontrarted obll8atlons;
It requlres protectlon aoalnst ￿er41 buslness rlsks, fluctuatlons In Income streams and unforeseen wsts:
The Charlty Cornm1￿1￿n a55ert5 thjt charitles should not hold 5ubslJntlal unspvjnt reserves. Th¢ Trustees reco8nlse thelr
responslblllty In meetln8 these obll8atlons and revlew the funds In reserve regularly. They contlnually enB88e In effertlve and
efflclent ￿pendItUre revlew •l¢M8slde flnèndal and budgetary phnnln8 In order to safeguard the senAces provlded by th•
Charfty and those thatthe MS Therapy Centre INWI serAs.
ObJ•dl¥u and artl¥1￿•5
Oble¢ts ¢7ndalms
Income recefved bythe Chartty15 1¢¢epte(l. held •nd •dmlnlstered forthe purposes for whS¢h It W•S 8Sven.
Our purpose as relsterod wlth th• C￿rIty Comrnlsslon and ststed In thè Mèrnorandum and Artlcl•s of Assoclatlon Is..
7he Chorlty Is prfnclpolly engoged In ortlng fvr the publlc benefft to old ond Impmve the condltlon of all those sufferlng fvm
multlple 5def0515 ond other neumloqkal condltlons bypmvldlnq qdvlc¢ guldonce ondmoml ond practl¢qlsupports to ￿fferer$
qnd thelr corers ty orranplnffj provldlng ond operatlngfvcllltlesfvr theropeutl¢ treotments to old and enhonce the monaqement
of the dlseose.,
In order to support theje oble¢tlveswe:
Provlde a ryn￿ of treatments and theraples th•1 provld¢ rellef from symptom$ of MS Ind other neurolo8kal and
hronlc ¢ondltlons In order to enrlch Ilves;
Provlde a dropln centre. Inforniatlon polnl and counsellln8 servlee as i hub of support to tackle psycholo8l¢al
symptoms and reduce1501atlon for people wlth Multlple Sclerosis. thelr carers and famlly In the North West:
Promote and support phys1￿1 and ment81 w*ll.belng to￿th•r wbth hèalthy lI￿n8. We wlll offer frlendshlp,
companlonshlp and support to encoura8e physlcal exerclse to enhance mobllty ihrou8h Physlothèfapv
sesslonslelasses. use of equlpment. mas$age5 Jftd Illness Jnd wellbelni classes alon8 wlth our maln thenpy of
Oxygen Treatment.
Our v￿l￿n Is to be able to offer a welcomin& beneficial envlronment which enriches the lfves of people Nvlng wbth MS and
related condiilons.
Pa8e 7

The Multlple Sderosis Therapy Centre (NW) Llmlted
Trustees, Report
Ourvalues
listeni￿ knstenin8 to our mernbers allow us to adapt to their needs
Incluslve: We befieve that everyone make a contribution to our centre and we feel It Is Important to provlde the
space for thts to happen
Celebrntln8 Success: Our volunteers and members are at the core of our centre and we recognise all $￿Pport and
achievements.
Non-Jud8emental: Thls allows the space for our members to be thernsefve$ and to feel comfortable to be who they
are.
Fundrdisin8 by the charity Is controlled by the fundralsin8 mana8er who Is an employee. There are numerous ways that ihe
charity rnanaBes to raise fvnds. whlch Indudes dlrect donatlons from the publi¢ and members of the charity. or8anlsed in store
collections and street collectlons, sponsored events such as marathons and dlrect donations or 8lfts from trust funds that exist
withln the UK. The charlty does not approach rnembers of the publlc dlrectly for fundraising but quite the opposlte, ft is
common practke for the publlc to approach the charlty to glve donatSons,
The trustees confirni th* they have compfied wlih the requlrèments of the Charltles (Protection and Soclal Inve5tmeTrt) Act
2016 and ha￿ due re8ard to the fvndralsln8guid8hce publlshed by the Charity CommSssion for En8land and Wales.
Pub15c Benefit
The Trustees have a duty to comply with Sertion 17 of the Charitles Act 2011 to havè due regard to the Charlty Commlsslon's
general guldance on publk benefit. rhe Trustees con51der the aims and objectives of the Charlty and compare these w￿h the
athievements and outcomes of the varlous artfvltles, theraples and swvlces. revlewln8 the benefits brouBht to the publL The
Trustees have referred to the Charity Commi55ton'5 8uklance on publl¢ benefft in undertakln8the public benefit duty.
The Trustees can wifimi that the Charity has fulfilled the publlc benefft requlrement and that th15 requlrement Is stron8ly
embedded wlthin the polities and pro¢edures of the organisation.
Paue 8

The Multlple Sclerosls Therapy Centre (NW) Limited
Tru5tees' Report
Flnand•l Revl
Thanks to our supporters we haNE ralsed an amozSng £454.472 durin8 2024. In additk¥n. donations In klnd of at least £2,OQ)
have been recdved. These rnn8e from raffle wkne5 to refreshments and even tollet rollsl Eath th reduces our costs arKI ts
8reatly appredated.
Our Balance Sheet contEnues to look healthy as we ¥H¥rk to raise the fvnds to continue the ￿n0VatIon of Brddbury House.
Expenditure efficienoes conflnye tOVArds achtevln8 thts 8031 05 does our ￿MrnI1fflent to creatin8 an energy efficient buildin8
to Improve suststhablllty. reduce energy bllls and help the envtronmert Crossovw of expen¢Hture between 2023 and 2024 for
work carrled out on the bulldlni leads to the appearnnce of a delkh thls year a5 per Note 2110 the accounts. Q¥erall the
tharlty remains sustathable and * see a brf￿t fvtuo ahead wlth Imwo¥ed fadlllles and servlce offerln&
Wlthln the accounts you see dets51s of restri￿ed fundin& Currerrtty we hokl the follNln8 m¢)nles awarded towards Phase
11 of the refurbishment projec
The Jonathan Apthorp tharity
Saddleworth Comrnunlty Hytho
Morrlsons Found•tJon
É14.528
£2,350
£7.194
In addltlon. we have a p]ed8e of £50XWJ) from the Beffla￿ Sunly Fourtdatlon fotlo*ln8 thelr vtsit to the C•rtre on 10th
Ortober.
A special mentlon must be made of the Around the World In 80 Days dolkn8e. Our fornw trustee Tony Hu8hes set this event
up and ralsed obv £24.CW. For a small charlty this is an truedible boo# to funds artd it has helped us tt* realise an exce$5 of
general Income over expendlture In 2024. Many. many thanksto all who took partand thelr supwr>
Expenditure of E290,968 reflects the faa that th new flrtures and fittin85. malntenance bllls have been minlmal. In ad(rrtio
the Centre cUrren￿V operates 3 day5 per V•Eek whi15t the a5Wrntlon is to open 5 days in the fvIU￿ As work pro8resses the
income wlll reduce in line wlth expenditure on PyJildln8 costs.
We are 8raieful to e¥ery(me who h?5 5UPWrted the dwrlty on a day to day basi5 and to those who embrxe our vlslon of *
bulldlng purposefulty adapted forour community.
R￿je￿ of c￿r￿able Artl¥ltl¢s and En8a8wnwrt
In spite of the very real barriers and chatlenBes that we have faced this year MS Thwapy Centre has seen true Impart In Its
endeavours. Our members and those accessin8 SUPPOrt have dl4rr4fied and we a￿ seelng a 8rowln8 numbw of ihose sufferlng
from Lon8 Covkl requesting oxy8en thernpy. Whilst the Centre yves preference to MS sufferets. we are happy to support those
wlth thls Conditlon t*then our servlces aren't fvlly booked. Not only does li brin8 In irKm through donatlons but it also
benefrts those In the communlty wlth thls debllltatln8 condltijn. The ran8e of condbtions 5WPPOrted durin8 2024 Is shown
below:

The Multiple Sclerosis Therapy Centre {NW) Limited
Trustees, Report
Conditions Supported*
Cancer
646
FibromyaigialMEICFS
32
Long Covid
MS
Unspecified
Stioke
Wound Healing
'whilst oxygen therapy requires disclosure of the condition some of our attendees prefer that condition not to be disclosed
publicly. Therefore. these are detailed a5'unspecified' in the Illustration.
ICMXJ sessions of oxygen therapy were provided in our 6 seated chambers during 2024. This service was received by 5.000
attendees. In addition. 2000 hours of svrface oxygen was provided. This remains our most popular therapy and whilst our
partners provide information on the service. and we receive referrals from healthcare professionals, a great deal of attendees
hear about us by word of mouth.
The support provided by the Charity spans an age range or 18 - 88 years. We are seeing some younger members using the
Centre and we hope to develop this area ol our work, as access to support and a place catering specifically to the younger age
group is severely lacking throughout the north west. Our engagement at this sta2e is encouraging. Shown below are the
engagement percentages by age range. As previously stated, some people do not wish to publicly share their age and this has
been identified within the'unknown, section. Below this chart is the engagement by gender illustration.
Page 10

The Multiple Sclerosis Therapy Centre {NW) Limited
Trustees. Report
Engagement by Age Range
Age Range
18-
. 36-50
51•5
•86.80
•81.88
• lthknawn
Engagementby Gender
Mate 3646
Female64
The Centre ha5 a robust volunteer recruitrnent process and many of our volunteers have personal experience or a connection
with MS. They work tirelessly to SUPPOrt others and durlng 2024 a tremendous 4,200 volunteerin6 hours were1088ed. Wlthout
this kindness we woul(5 need to severely limit our sUPPOrt.
Whi15t we are Currently unable to provide physlotherapy at the Centre we have supported thls service gn a 1.2.1 basis In
people's home5. 252 5e55Tons were carried out during 2024. This is a greatly reduced arnount to previous year5 when we were
ble to provlde classes and 1-2-1 sessions at the Centre. This 15 one of the reasons why we are pressing ahead to renovate the
2nd floor of Bradbury House. Part of thi5 phase will provide 2 therapy rooms, 2 officeslconsultin8 rooms and a floor exercise
area thus allowin8 US to use the spaces for physio onsite once again.
Pa8e 11

The Multlple Sclerosls Therapy Centre (NW) Ilmlted
Trustees. Report
We c￿tInUe to spread awareness of the Centre alon8side parthers and to those whorn we wlsh to partner wlth. Some of the
actfvlties undertaken include:
Counclllors. tours of the Centre
Salford CVS vlslt and collaboration
Attended Stockport MS society event to ralse awareness of the Centre and its services.
Attended a Newly Dlagnosed Day at the MS c￿nIC
Presented to Oldharn MS Societyto raise awareness of the Cenire and its seivites
Developing our monitorin8 and evaluatln8 pro￿5$e$ Is on80in8 a5 is invofvln8 Members in tellin8 us about the real changes our
seNices make. We are collettin8 their stories and journey5 In order to shape and develop future seThlces. By concentrating on
helping people to reallse what they can do rather than what they can't do we have seen Incr￿sed aspiratlon and reduced
ne8atlvlty.
Bradbury House. as well as beln8 a great social de¥elopmÈnt space Is also a safe space ft>r people to discuss issues of a practlcal
and personal nature. It Is reported that belnB amongst others who understand thelr condltion, and Its effects, allows them io
feel supported rather than embarrassed when thlnBS don't 80 qulte as planned. Overnll improvements are both soclal and
physlcal and demonstrates ihe importanceof low-level Interventlons for emer8lng worries and feats.
Alon8slde support services the cent￿ also hosts a numbèr of 50dal events includin
Chrlstrnos partle5
Easter partles
Birthdays
Halloween
Gardenu)8 Party
Golng ¢oncem
The trustees have considered 80in8 concern. The trustees have a reasonable expectstlon that the charity wlll have adequate
resources to tt*ntinue in operational existence for the foreseeable future. The charlty therefore continues to adopt the golng
concern basison preparin8 its flnancial statements.
Funds In defidt
There are no funds in deficit.
Prfnclpolfvndlng sources
The charl￿S principle sources of fund5 were derlved as a result of donatlons from members, trusts. other charities and the
publlc.
Page 12

The Multiple Sclerosls Therapy Centre (NW) Limlted
Tnistees. Report
The trustees conslder inNEStment of chath funds where aPpr0w￿te wSth partkular regard to return on Investment ar
5ec¥Jrlty of fvnd5. Charlty fvnds are only put on Inwestrnent when needed for operatlng cost
The annual reportt*as appro¥ed ty the ￿￿Ofthe ch•rlty on 19 Seplember 2025 and sly*d on Its behaw by.
A Hedley
Trustee
Pa8e 13

The Multlple Sderosls Therapy Centre (NW) Umlted
Statement of Trustees, Responslbllltles
The Trnstees Is chawd under charity and coryxxate law to preparè the TruAee's Ann￿1 Report and Hnanclal Ststement$ In
acconl•nce wlth appllcable law arrfl Unlted Kln8dom l£countkn8 stan￿rds. indudln8 FRSIO2.
The law 3ppnca￿e io Charf￿e$ En En*nd and Wales requkes the Tnr5Qees to Prepa￿ finandal staternenls for each finJnclal
year whlch 8l¥e a true and falr Vlew of the Charws fina•idal artt4fltles duri￿ the year and bts financlal posltlon at the end of the
year. eest practlce Indudes:
Sekniin8 sultable accountln8 ￿lItIeS and •pplyln8th•m con$15tenity
M•kln8ludgem*)ts th•t are reasonable and prudent
Statln8 whether applkable KcountSn8 Standards and statemenis of ¢ecornrnended practlce hm bèen followe4
sublert to any departures from those belrtB dlsclosed and explalned th ihe fiMnd•l statements
Preparln8 the flnanclal statements on the 8oln8 concern basts unless kn Is Inappropriate to presume t￿1 the Ch•rlty
wlll ￿ntInue In operatlon
Keepln8 proper ￿￿￿ntIng re¢ords vthlth dlsclose wlth propef x¢ur•cy. •t •rry tlm¢ the ftAanclal posltbon of the
Charlty. They must aLso enable the Trustees to ensure that the fin•fKial statements comply wlth the requ5rements of
the Charltles Art 2011, the appllcable Cha¢ltles (accounts and reports) ffe8ulatlons •ftd the provlstons of ihe
Memornndum and Artkles ofAssoclatlon
¢e8uardlTh8 th• •ssets ofthe Charfty by tskn8 reason*blt steps In the wevertlon •nd d￿e￿10Th of frnud Jnd other
rre8ularftles
The Trusiees ¢onflrm that they have m•t the responslblutles ar¢orded to th¢m •nd ¢omplled wlih th• requlrements for
preparln8 the accounts. The financlal statements lrtluded In thls report haw been compll•d fro￿ •nd Ire In KCOTd•n¢e wlt
the ffinandal records malntalfted by the Charlty.
Approved by the trustees oftt• tharity on 19 S¢pt*mbor 2025 and on Its beh•lfby.
A Hedl¢y
Trustee
Pa8e 14

The Muftiple Sclerosis Therapy Centre (NW) Llmlted
Independent Examiner's Report to the trustees of The Multlple scler￿1$ Therapy Centre (NW)
Limited (*he Company,)
I report to the charlty tr￿tee5 on myexamotwtlon of the accountsofthe Companyfor Ihe year eThled 31 December 2024.
R•spoMlbllltle5 and basls of re
A5 the charltys trumees of the Company land also Its dlrertors for the purposes of ￿￿>￿ThY lawl wju are reSpOn￿bIe for the
prepaTrtlon of the accourts In attonlancewiththe requinnents ofihe Cmipanles Act 21))61'the 21X)6 AcV}.
HavSng satlsfied myself that the accourt5 ofthe Company are not requffed to be aurfrted under Part 16 ofthe X￿6 Act and are
eli8lble for independent examlnatlon. I reF￿ In resFod of examinatk>n of ￿ur charit￿$ aCcO￿ts as carried out urmjer
sertlon 145 of the CharTiles A£t 2011 Iyie 2011 Acf l. In carrylng out my ex*nlnatlon I have followed the Olrectlon5 Oven by
the Charftycommlssion under se¢tl¢)n 1451511bl of the 2011AcL
IndependentwmlWs st•tthThent
Slnce the Company'5 8r0$5 Income exceeded £250.IV) your exarnlw must be a member of a body Ilsted In Section 145 of the
2011 Act. I confirrn that l am quallfied to undethke the examin*lon because l am a member of the In5tltute of Chartered
Accountants In Englarrfl and Wales. whlch Is one of the Ilsted bodie
I have completed my examlnatlon. I conftrni that rnatters have cryne to rny oitwtlon In tonnectlon wlth the examination
gbvln8 me cause to be￿e¥e.
l. accountlng records were not kept In re5pert of The Multiple Sderosis Centre IIIW) Lhmited a5 requlred by section
386 of the 2ts36 Art: or
2. the accounts do not accord wlth those recor￿. ow
3. the accounts do not comptywith the accounttn8 requlrements of seCt￿n 396 of the X#)6 Act other than any requlremènt
that the accounts 8r¥e a Irue and fairT4lewl T*hkh is Thot a matter consldwed as partof an Independent examlnatlon: or
4. the accounts have noi been prepared In acconlance v￿th the methods and prindples of the Statement of Recomn*nded
Practke for accountin8 aThl reFJQrtlng by charities lapplicabkto thaTities preparn8 their accounts In a¢￿dance with the
Flnanclal Reportlng Standard appllcable in the UK and Republic of Ireland IFAS 102)].
I have no concerns and have cm xrou rK> other matters In conrth wilh the examSnaQlon ￿ whkh attentlon should be
dravm In thls report In orderto enable a Foperunderst•Mlln8 of the accountslo be reathed.
John Saxo
titute of
rtered Accountants in E￿and and Wales
The Moffatts Partnership LLP
Chartered AcMuntants
Suite 1.1. Jackson House
Slbson Road
Sa
M33 7RR
19 Septernber 2025
Pa8e 15

The Multlple Sclerosi5 Therapy Centre (NW) Llmlted
Statement of Financlal Actlvltles for the Year Ended 31 December 2024
(Includlng Income and Expendlture Account and Ststement of Total Recognlsed Gains and
Losses)
Tot*1
2024
Totsl
2023
Unrestrlrtod
Restrirted
Ineome Bnd Endowm•nts fmm:
Donatlons ènd le8acles
Other Iradln8 actfvltles
Investment Income
Other In¢ome
276,854
28,765
2.131
145,737
422.591
28.765
2.131
985
716.777
42.200
2,325
Tot•1 In¢ome
308.735
14S 737
454 472
761302
Expendlture on:
AJlsln8 funds
Charltable actfvltles
35,012
255,9S6
35,012
255 956
54,779
145,716
Total Expendltur•
290,968
200.495
Net Income
Transfers betw•¢n funds
17.767
159 613
145.737
159.613
163.504
560.807
N•t movement In funds
177,3BO
113.8761
165.504
560,807
R•¢•n¢lllBtlon olfvnth
Total funds brou8hi forward
1,116.872
37.948
1154.820
594,013
Total funds carr￿d forward
21
24.072
1,318 324
154,820
All of the charlty's actfvlt￿s d¢rlve from contlnuln8 op•ratlons durln8the *bove two perlods.
The fvnds breakdown for 2023 Is shown In note 21.
The nofes on page5 19 to 34 form an Integral part of thèsè financlal statemen15.
Pa8e 16

The Multlple Sclerosls Therapy Centre (NW) Umlted
(Reglstratlon number: 04501975)
Balance Sheet as at 31 December 2024
2014
202J
Flxed •ssets
Tan8lble assets
15
L544,401
1.477.301
Current au•ts
Debtors
16
11.889
96,036
107,925
17,767
106,411
124.178
Cash at ￿nk pnd in hand
17
Credltors: Amounts t4lllni due wlthln one ywr
18
29,816
N¢¢ Current wet51111•bllltk51
78.109
1.690
T*)tal Juots l•u wrr•n¢ Il•bllltl
1,622,510
1.475,611
Cr•dltorn: Amounts l•lllni due•fter m•re ihan yo•r
19
304 186
320 791
Net assets
L318.324
1.154.820
Fundi olthe th•rfty:
Rttirftted In¢om• fvndi
Restrlrted funds
21
24.072
37.948
unm5￿Cled Income Ivn&
Unrestrlcted funds
1,294.252
1,116.872
Totsl lunds
21
1,318.324
1.154.820
For the finanrljl year endln8 31 December 2024 th rh4rlty was entltled to exemptlon from audft under sertlDn 477 of thq
com￿nIeS Art 2006 relatln8to small comp8nle$.
Dlrector$' responslbllltle5',
The rnembers have not raqulred th• charlty to obtaln an audlt of Its ¥ccounts for the ye•r In questlon In wd•nce wlth
sectlon 476; and
The dIre￿Or5 acknowled8e thelr responslblllties for complylng vAth the requlrements of the kt wlth raspe￿ io 8c¢ountlng
Cords and the PTeparath)n of accounts.
The flnan¢l¥l statern¢nt5 on pp8¢5 13 to 31 were approv4d by the trustees. and authorlsed for Issue on 19 September 2025 and
$18ned on ihelr be￿lf by:
A Hedley
Trustee
The notes on pages 19 to 34 fom) an Int¢8ral part of these flnan¢l?I statements.
Pa8e 17

The Multlple Sclerosls Therapy Centre (NW) Limlted
Statement of Cash Flows for the Year Ended 31 December 2024
2024
2023
Note
Cath flow5 from Opernt1￿ artlvltles
Net cash Income
357.296
560,807
Adlu5trnents to ush flows froffl rtonwcash Stems
Depreuation
Investment income
lo.3￿)
2.131
365.46S
13.446
2,325
571.928
Workln8eapltsl adI￿lments
Decrease In stocks
Ilncrea5elldecrease In debtors
Decrease In credttors
16
I44.￿1)
94,777
99.364
18.28S
Net cash flow5 from operatinB attivities
226.567
653.855
Cash fiows from In¥estln8artl¥ltles
Interest re￿IVed
Acquisitions of tanglble assets
1131
221.191
2.325
Net cash fflows from Investln8 activities
{219.0601
1638.5761
Cash flows from finandnBactl¥ltles
Repayment of bank borrtrwln8S
117.882
41.252
Net Idecreaselllrtcrea5e In ¢a$h and cash equivalent5
110.3751
56.531
Cash and cash equlvalents at l January
106.411
49.880
Cash ar￿ cash equivalents at 31 December
96,036
106,411
All of the ush flov45 are derived from coTrtlnu5nB operations durlng the abo¥e two per1(￿s.
The notes on pa8es 19 to 34 form an Integral part of these fln•nckl staiemen
Pa8e 18

The Multlple Sclerosls Therapy Centre (NW) Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
I Charftystst
The tharlty15 lim]ted ty 8uarant* Incorported lfi En8land. and con5equ• does not have Share capital. Each of the trustees
Is Ilable to Contrlbute an amount not exceedln8 £1 tryw•rds the assets of the tharity in the event of Ilquldauon.
The addre￿ of its re8btered offke Is:
Èradbury House
6 Ellia Ann Street
Ecdes
Manchest
M300GL
These financlal state￿￿1￿ authorised for issue bythe trustee5 on 19 Seoembef 2025.
2 Accountlng pollde5
Summary of sl8nWlant a¢countln8 plldes and key a((ounthig esUmate5
The prlnclpal accountln8 poncle5 applled In the we￿ratIon of these finandal ststements *e set out bel(M. These have
been ¢onslstentty apW to all the ￿/r5 presented. unless othe￿￿ ststed.
ststement ol c•mpll4nce
The financlal statements been prepared IA accordance with Ac¢ountin8 and Reportkn8 ￿ Charths: Statement of
Recommertded Prattice applicable to thariknes weparin8 tr*lr accounts in accordance the Flnonaal Reportin8 Standard
appllcable In the UK and Republlc of Ireland IFR5 1021 leffedi¥e i January 20151- (Charities SORP IFRS 1021). the fiTranchi1
Reportln8 Standard appllcable in the UK and Republk of Ireland IFRS 1021. the Chathles P£t 2011 aThS the Compartes Act 21JO6.
Bas1$ ot preparath
The Multlple Sclerosis Centre {NW) Lmited meets the defifti￿n of a publk ber*fft enthy under FRS 102. A%sets and
Ilabllitles are reco8nised at histortsl ￿$t or transactlon Val￿ unless ststed In the relevart accouniln8 poIIcy
notes.
Golni contern
The financlal stttements have been Prepared on a 80in8concern baslk
t￿￿ee5 assus tAhetherthe use of 8olrqcc#icern b aPpr0w￿te l& wlththere afe any matwtsl uncertainties related to
events or condltlons that may tast significant doubt on the ablbty of the tharity to contlnue as a 8oln8 concern. The trustees
makethls assessmeTrt in respect ofa pÈrftsd of¢Th )tarfrom the d*e ofapprowdl ofthe finandal ststemwbts.
J*ements
The charty has no judgements that are slgnificant enow to require disclosur&
The tharlty does not ha¥e any estirnates ihat are subkrt to esthn*lon uncertaintythat requtre dlsclosurÈ.
Pa8e 19

The Multlple Sclerosls Therapy Centre (NW) Llmlted
Notss to the Flnancial Ststements for the Year Ended 31 December 2024
Income and endowments
All bncome Is recogn15￿ once the charlty has entttlemènt to the IncornÈ. It 55 probable that the Income wlll be recebved and ihe
amount of the Incom¢ rKelvabl8 can be measured rellabty.
Donatlons are ￿co¥nIsed when the charfty h•5 been notlfied In wrllln8 of both the amount and settlement date. In the event
that a donatlon Is sublett to condltlons thJt requlre a levél of performance by the ch•rlty before the ch)rlty Is entltlèd to the
funds, the Income Is deferred and not reco8nlsed untll elther those condStlons are fvlly met, or the lulfllment of those
ondltlons Is wholly wlthln the control of the charfty and It Is probable t￿t these condltlon5 wlll be fulfilled In the rèportln8
perlod.
Legacy 8lfts are re¢o8nlsed on a use by case basls followln8 thè grant of probate when the admlnlstrator/executor for the
estate hjs ¢ommunlc•ted In wrltlng both the amount and settlement date. In th* event that the glft Is In the forni of an assèt
other th•n cash or a flnanclal a￿et traded on a reco8nlsed stock ex¢h•nBe. reco8nltlon Is subject to the value of the 81ft beln8
rallably measurnble wlth a degree of reasonable accuraty 4nd the tltle to the wsset havln8 been transferred to the charlty.
6rontsr¢celvub
Grnnts are Trco8nlsed when the ch4rtty has •n entltlemernt to the funds and any condltlons Ilnked to ihe grnnts have been m•t.
Where perfomiance ¢gndltlon$ Jre attached to the 8rant and are yet to be met, the Incom¢ 15 reM8nlsed as a Il•blllty and
Included on the balance sheet as deferred Income to be relèased.
Glft old
Gfft ald In¢ome 1$ r•¢o8nlsed when r•c•lpt 1$ prob•bl• Jnd the amount can be relllbly me•$ured,
Other trodlng Ortlvltlfs
Income Is ralsed from varlous fundralsln8 artlvltles Ind Is recoBnlsed on re¢•lpt.
Investmènt In￿rne Is r•co8nlsed on • recely•bl• basls.
Expendltu
All expendlture Is re¢o8nlsed once there Is a le8al or con5trurtlve obM8atlon to thai ex￿ndIt￿re, Et Is probable settlernent 1$
requlred and the amount can be meo$ured rellably. Ail costs ère allocated to the appllcable expenditure headln8 that a88re8ate
slmllar coms to that cate80ry. Where costs cannot be dlrectly attrlbuted to partlcular headln8S they have been allocated on a
bas15 consistent wlth the use of resources. wlth Central rtaff costs allouted on the basis of tlme spent, and depreclatlon
char8es allo¢ated on the portlon of ihe asmtrs use. Other wpport ¢Q$ts are allocated based on the spread of stiff costs.
All ￿soUrCeS expended are Incluslve of Irrecoverable VAT.
These are costs Incurred In attractln8 voluntary income. the mJna8ement of Inve$tments and those Incurred In tradln8 artlvltle$
that ralse funds.
Pa8e 20

The Multiple Sclerosls Therapy Centre (NW) Limited
Notes to the Flnandal Ststements for the Year Ended 31 December 2024
Charltable expendlture comwlses tknse costs Incurred by the charlty In the delfvery of Its actlvltle5 and seThlces for Its
beneficiarles. It Includes both costs that can be allocated direcity io such aCtivit￿S and tI￿se costs of an r￿tUre
necessaryto support them.
GoYem4nce costs
These InCI￿le the wsts attrfbutsble to the d0rty5 fomplbn¢ewlth constttudwl and statirtory reqwlrements. includln8 audlL
strate8lc management and trustee's Mee￿n85 arrtl reirnbursed expefts￿.
Government 8rants are re¢wlsed based on the a¢uual model and are measured at the fatr Val￿ of the asset recelved or
recelvable. Grants are classlfied a5 relatin8 either to revenue or to assd& Grants relatin8 to revenue are re¢o8nlsed In Income
over the period in which the related costs are rewisd. Grants rektUl8 to assets are recognised the experted useful Ilfe
of asset. whe￿ part of a gr•nt relatln8to •n assetls deferred. bt is reco8nlsed as deferred Income.
IrrecwerableVAT
Irrecoverdble VAT15 Charg￿ agaknstthe otwi of res￿r￿ w(pended forwhkh It was Incurr￿.
Taxallon
The charlty Is consldered to pass the te#5 set out In Paragraph I Sthedule 6 of the FtnarKe P£1 2010 and therefore it meets the
definitton of a charitable company for UK COTporatlon tsx purposes. Accordhth. the tharlty ts potent*lly exempt from taxatlo
In respect of Income or capitsl 8alns recelved wlthln categorfe5 Cobtred bychapter 3 Part 11 of the Corporntton Tax *£t 2010 or
Section 256 of the TaxatEon of Char8eab* Gats￿ Art 1991 to ihe ￿tefit s¥db Income or 8alns are applted exclu51vely to
charltable purposes.
Tan8lble flxed assets
Indivldual fixed assets cost]n8 £LIXX)AIO or more a￿ Ifflttèlty recorded at cost.
Depredatlon and amwlballgn
Deprwiatlon is provlded on tsn8lble fixed assets so as to wrfte ¢)ff the cost orYdI￿t10n, less any estlm4ted re51dual value. over
thelr experted useful economic Ilfe as ft*llow&"
Asset dass
Freehold Property
Leasehold alterat11￿$
Hyperbark chambers
FSxtures and Ilttings
Therapy arml Physio equlpment
Office equIpm￿t
2% stralght Ilne basls
O¥erthe perfod of the lease
IOX straw Ilne bas15
21YA stral8ht Ilne
20% stral8ht Ilne basls
33.3% #ral8ht Ilne basts
o¢k
Stock is v7lued at the lower of cost aThl estlmated seUln8 prlce le55 costs to compkne Sell. after due rerdrd for obsolete and
slow rnovin8 5tock5. Cost 5s determlned u4n8 the first-ln. first￿Ut IFJFOI.
Pa8e 21

The Multiple Sclerosls Ther4PY Centre INW) Llmlted
Notes to the Flnanclal Statements for the Year Ended 31 December 2024
Tr4de delbto
Trade debtor5 are amounts due from customers fo¢ rnerthndSse sold or sep4kes perforn)ed in the orrfinary u>urse of buslnos.
Trade debtors art recwised Initialty at the tran￿ctIOn are Subseq￿ measured at amortlsed cost usin8 the
effective Interest method. kss probryslon for impaI￿ent. A provision for the Impalrn￿nt of trade debtors Is eMabll$hed when
there is Oblect￿e e￿ence that the charity wim not be able to collect all amout)ts due a¢¢ordin8 to the orwnal terms of the
receivables.
Cash and cash equivalents comprlse cash on hand and cal deposits. and other S￿rt-teM¥ hi8hly Iw4u5d Investrnents that are
readify convertlble to a known amount of cash and are subject to an InslgnlfKant fisk of change In value.
Trade uedl¢ovs
Trade crethors a￿ obli8ations to pay for goods or ser4kn that hm bew xquired in the ordlnary course of business from
suppfiers. Accounts Payab￿ are cla551fEed as current liabifrties rf the thartty doe5 not have an u￿ondItIOnal ri8ht. at the end of
the reportlng perlod. to defer sddement of the uerfrtor for at leart months after the reporrin8 date. If there is an
unwndltlonal r]ght to defer settlement for * kast tWe￿e months after the reportln8 date. they are presented as non-current
Trade uedltors are re¢o8nised Inlllatty at the transathon pi7ce and subsequently measured at amorttsed cost U5in8 the effectv
lfftter￿ method.
Bottowln
Interest-bearin8 1)offowlngs are initialFrf retorded at falr Value. net of transac¢kni costk Interest&arin8 borrowlngs arè
subsequÈntty carried at amortlsed cosL with the diffwence between the proceeds, net of ￿4￿artI0n costs. and the 8mount
due on redemptjon beln8 recwised as a char8e to the 5tstement of Financial ActMt5es over per*d of the relevant
borrowin&
Interest expense 15 recognlsed on the basis of the effe¢th* knterest method and Is Induded tn interest payable and slmdar
charBes.
Borrowln85 are classiffied as current hawrties unless the dwr5ty has an wftcondlthnal ritht to defer settlement of the llabillty for
at least twelve months afterthe reportin8 date.
Unrestricted income funds are fvnds that a￿ avallable for use at the trvsiee's discretion in furtherance of the
oblectNes of the charJty.
Restricted Income funds are those donated for use In • partKular aTea or for speofic purposes. the use of whth Is restr]cted to
that area or purpose.
Pd8e 22

The Multiple Sderosls Therapy Centre (NW) Limited
Notss to the Financial Statements for the Year Ended 31 December 2024
Pen￿on$4￿d post redr•nffit oblloadms
The charlty operates a defined contrilyjtlon pet)slon sd*rne *thkh is a pension plan under 7AthIth fixed contr11￿tIOnS are pa5d
Into a penslon fund and the charlty has no le8al orconstructfve obllWlon to pay further contrlbutior¢ even If the fund does fKJt
hold Sufficient assets to pay all ernplviees the benefits relatingto emp￿￿ seThKe in the current and prtor pertod>
Contributions to defined contrllxrtlon plans are recO￿lSed In the Ststement of Financial Activit￿$ when they are due. If
contributi¢>n ptyments exceed the contrdxrtion forser¥ice. the excess ￿ retOBnised as a prepaymernt.
Flnandal Instrum•)ts
Finondal assets and finar￿la1 liabilitles are recogntsed when the tharfty becomes a party to the contrartual provlsions of the
Instrument.
Financial Ilabilities and equity tnstrwmnts are classified accorfin8 to the substance of the contractual arran8ements entered
Into. An equlty Instrwnernt ts any contract that thdences a resl¢lMI Intwest in the assas ol the tharlty after deductln8 all of Its
liablllties.
All finandal ass￿$ and habllitles are inltlally mea￿red at transartbn prke lindvdin8 transartion costs). except for those
financlal assets classified a5 at fair value thrtyJ8h profft or1055. whrch are Initially measured at fair rdlue {whlch ￿ norrnalty the
transartion prfce exdudln8 tran￿rtIon costs). unless the arran8ement ￿nstIt￿e5 a finandn8 transactlon. If an arran8ement
constltutes a ftnan¢ln8 tranSXtl￿. Ihe fman¢kJ asset or Ilroncial Ihblllty ts measwed at the present value of the fvtvre
payments distounted at a market rate of thterest ft>ra similar debt instrnrr
Flnancial assets and Ilablllties are onty offset In Ihe statement of finandal posttlon when. and onty when there exists a le8ally
enforcealAe rfght to set off the re￿8￿1$ed amounts and the thirity intends eltt*rto settk on a net ba* orto reallse the asset
and settle the Ilabilty slmultarwusly.
Flnanoal assets are dereco8nlsed wlwi and On￿ when al the contractual rfBhts to the cash Ilows fmm the finandal asset explre
Qr are settled. bl the Charity transfers to another party substantially all of the risk5 and rewards of ownershlp of the financlal
asset. or el the charity. deswte hwng retalned ￿Me. but not alL SI￿*fi￿nt risks and wewards of owner*4p• has transferred
Control ofthe asset to anott￿r pty.
FEnanclal15abllltles are derecognlsed ontywhen the obllgatlDTh speclfied In the contrnct Is dIscha￿. cancelled orexpires.
Pa8e 23

The Multlple Sclerosis Therapy Centre (NW) Llmlted
Notss to the financial Ststements tor the Year Ended 31 December 2024
3 Inrome frorn donakn and le8•des
Totsl
2024
Total
Genwal
nds
Donaiions and lerd¢ie4
Oonations from cornpanie% Irusts and
slmilar proceeds
Donations from iTh*Niduals
Glft aid reclalrned
124613
126.613
67.485
31756
116.500
55.928
24.004
31756
Grants, includin8 capital uants:
Grnnts from oiher charftles
Donatlons from ￿MmUnity 8roups
12L722
24,015
145.737
17L722
24,015
422.591
128.225
392,120
716.777
276.854
4 Income from othtrtradlnl actfvltles
Total
2023
Genefal
fvnd5
Local fundraising and street collert1￿ tr
28,765
28.765
28.765
2&765
42.200
42.2
Total
2023
Gefternl
2024
Other investment income
2.131
2325
6 Othw Income
Total
General
2024
Lottery Income
985
Pa8e 24

The Muftiple Sclerosls Thernpy Centre (NW) Llmlted
Notes to the Flnandal Statements for the Year Ended 31 December 2024
7 Expenoltsre on rntslni funth
Cots of tradlnB •ctl¥ltloJ
Unie%trf¢tsd
Totsl
2024
Total
Z023
G•nw•l
Fundrnlsln8 tradln8 costs:
Fundr4151n8
Other dlrect costs of acth•ttles for S￿entIr¥￿ fvnds
13,244
13.244
21.768
35.012
20,273
3S.012
54.779
8 Ewidltur• on dwrfl•ble •dMtI
Tot•1
T•MI
Genernl
Dlrect costs of therapytfeatment
Ther•￿ ¢entrq ￿t%
S•lary colls
Rents, rates. utllty costs
Repalrs and equlpmefti
Insurances
Motor and tr•¥el costs
Adffjlnlstr¥tlon expen515
ProfessEonal Fets- Manayment Char
ConsultatKY foes
8ank tharges
Interest ¢har8es
Oewedatk)n
G¢)vemance costs
L626
L626
443
31.927
17,714
8.213
8.268
1,359
3,938
76.598
23.499
416
8,417
3.155
32,399
37.583
31,927
17.714
8.213
8,268
1.359
3.938
76.S98
23.499
416
20,020
55,615
4320
255,956
12,400
2.061
4.192
1.651
19.265
13.446
3,920
145,715
20.020
55.615
4.320
255.956
£255,95612023- £145,715) of •l)o¥e expendlture w•$ allrlbutable to tsnre$¢r￿ed funds and £NM12023 . ÉNd} to restrlcoed
fvnds.
Page 25

The Multiple klerosls Therapy Centre (NW) Limlted
Notes to the financial Ststements for the Year Ended 31 December 2024
9 Analbsts of Kovemance and support Cl￿5
GOvernan￿¢05ts
Unrnstrlrted tunds
General
70ts1
2024
Total
2023
Independent examlner fees
Examinatton of the financlal statemerts
4.320
4,320
4,320
4,320
3.920
3.920
10 14et 1rtom1￿0Uty0lnI resources
Net Incomln8 resources for the year Include:
2014
2023
Operatln8 leases- oiher assets
Depreclatlon of flxed assets
Independent examination
32.111
13.446
3.920
10.300
4.320
11 Trustees remuneratlon and expenses
No trustees. nor any persons connecied with them, have reolved any remuneratlon from the charlty durln8 the year.
No trustees have recebved any reimbursed e¥pen5es or any other bel￿fits from the charity durin8 the year.
DO￿tIons made by ihe trustees wlthout any condltlons attathed totalled £25.OOOfor theyear12023- £3.7801.
Pa8e 26

The Multiple Sclerosls Therapy Centre (NW) Llmlted
Notes to the Finanaal Statements for the Year Ended 31 December 20Z4
12 5tafl costs
The a88regate payroll costs were as follows:
2023
st•ff eosts durfn8 theyear wer
Wa8es and salarle5
Soclal Security Costs
Penslon costs
52,131
63.932
1,154
1.564
1,818
53.695
66.904
The monthly avera8e number of persons Ilncludlng senlor management i leadershlp team) employed by the charlty durlng the
year expressed as full time equlvalents was a5 follows:
2024
No
2023
No
Management and Adminlstratlon
Fundralslng
312023- 31 of the aljove employees partlclpated In the Defined Contributl¢)n Pen$lon Schemes
Contrlbutlons to the employee pension schemes for the year totslled £L56412023- £IA181.
No employee recefved emoluments of more ihan £60.000 durlng the year.
13 Independent examlner's remunerntlon
2023
Examlnatlon of the finandal Matements
4,320
3.920
14 Taxatlon
The charlty Is a re8istered tharity and Is therefore exempt from tsxalion.
Pa8e 27

The Multlple Sclerosls Therapy Centre (NW) Llmlted
Notes to the Financlal Ststements for the Year Ended 31 December 2024
15 Tan8lbleftxod assets
Furnlture •nd
equlpment
Computer
equlpment
Oth•r tsn$lbl• Ilx•d
L•nd and bulldln8S
Totsl
Cost
At l January 2024
Addltlons
Dlsposals
1.417.070
122.294
48.858
420
10,909
105.655
L582.492
122,714
28,863
At 31 December 2024
1.510.SOI
49.278
10,909
105,655
1676 343
Dwe¢tsilon
At l January 2024
Char8e for the year
Ellmlnated on dlspoul$
28,863
45,315
28.863
48,858
63
10,030
435
17,439
9,802
105,190
55.61S
28,863
At 31 December 2024
45.315
48.921
10.465
27.241
131,942
N•t bookvalue
At 31 December 2024
1,465,186
357
78,414
l.S44,401
At 31 December 2023
1,388 207
879
88,216
1,477,302
Inclvded wlthln the net book vjlue of land and bulldln85 abov• Is £1.465.18612023 - £L388.207) In re5pert of freehold land
•rrfl bvlldln8s and £NII12023- £NIII In respect of leaseholds.
16 Débtors
2024
2023
P￿payMentS
Accrued Income
Other debtors
11,434
55
17.367
11.889
17.767
Page 28

The Multlple Sderosis Therapy Centre (NW) Llmlted
Notes to the Flnandal Statements for the Year Ended 31 December 2024
17 Cash and cash aqul¥al•
21123
Cash at bank
96.036
106.411
11 Cre¢ltor&" amounts fall1￿ duew5th1n one >
Bank loans
Trade uedltors
Other tsxatlon and sodal securlty
A¢¢ruals
25.594
26.870
44.542
536
4.222
29.816
53,920
19 Creokn. aMOw￿ f•llh¥ due after one y￿1
2024
2023
Bank loans
Other loans
2S4,186
50,(
304.186
275.791
320.791
Included In the uedftors are thefolbwli8 amounts d￿e ats more than ye4￿.
2024
2023
After more than five years by 4)stslments
133.574
150.476
20 Obll8atlons Under leasesafid hlre purth•5econtra
Opernllni leaSe￿b￿nItrneftts
Total future mlntrnum lease payments urrfler n(AHancelkble operalln8 leases are as follows:
2024
2023
land and I￿lIdIn1S
Wthln one year
3L006
Page 29

The Multlple Sclerosls Therapy Centre (NW) Llmlted
Notes to the Flnancial Statements fi>r the Year Ended 31 December 2024
21 Funds
Balance at I
January2024
lfttornlnl
resources
Balance at al
Oe¢ember 2024
expended
Transfers
Unrestrlrted funds
Genernl
Unre5trtrted Income fund
1,116,872
308.735
1290.9681
159.613
1,294,2S2
Restrlrtedfunds
Physlo equlpmertt
Seatln8 replacement
Physlo Beds
Stslrcase Adaptation Fundln8
Booth Charitles- Capltsl Grant
The Edward GostlinB Foundatlon
NatFonal Lottery Community Fund
Bradbury Foundatknn
Thejohn Apthorp CharSty
Saddleworth Communky Hydro
The Morrisons Foundatlon
4.529
{4,5291
{4.OCM))
19001
13.519
10.000
113,5191
iio,0001
124.0151
1100.c#)01
24.015
loo.(
14,528
14,S28
2.350
7.194
2.350
Totsl restrlcted funds
37,948
145,737
159,613)
24.072
Totsl funds
1.154.820
454,472
290.968
1.318.324
The balance held as Unre￿ricted ffijnds at 31 Oecember 2024 was £1,294.2S2. of whlch £1250.419} defidt vras re8arded as free
reserves. after allowlng forfunds tled up In tang5ble ffixed assets.
Pa8e 30

The Multlple sder0￿s Thernpy Centre INW) Llmited
Notes to the Flnanclal Statements for the Year Ended 31 December 2024
Balan￿ at31
Unrestrltted fimds
Unrestrlrted Income fund
Deslgnated
New bulldln8 fund
5545
205.804
12Cn.495)
55&979
1.116.872
T*)tsl wrulrfcted fund5
554.584
214.804
{2CA)A95
547.979
L116.872
Restrf¢ted
Physio equipment
Seating replacemwt
New Buildln8 Costs
Physlo 8eds
Stalrcase Adaptathn FurKhn8
Booth Charities- Capital Grant
The Edward G05tlln8 Foundatiorj
National Lottery Cornmunlty Fund
Bradbury Foundation
4.529
4.S29
4378
(43781
9(Kl
IL481)
I25.&￿}
1392.1201
1125.(JxJI
13.S19
lo.￿
392,120
125.oc
Totsl restrlrted funds
39,429
546.498
547.9791
37,948
Total funds
594.013
76L302
121x1.4951
Ll54.820
Page31

The Multiple Sclerosls Therapy Centre (NW) Llmlted
Notes to the Flnancial Statements for the Year Ended 31 December 2024
The spetffjtc purposes forwhkh the funds are io be applied are as follows:
Funds in the New Bulldlng Fund Jnd have been set aside to be used fty this PufF￿Se and includes funds received for the new
buildingwithout restrfcttons.
Funds in the Physio Equipment fund are used only to purchase phys50 equlpment.
Funds In NAfverttslng and Promotion fund are used only for advertlsln8 and Pfomotlonal ￿$t$.
Funds In the Seatin8 Replacement fund are lo be used forthe wr¢hasè of replJ¢emeni seatin8onlv.
Funds in the New 8uildln8Costs fund have been received to be uséd for any costs relatinu to the new bulldln&
Funds in the PhysEo Bed$ fvnd are to be used for the purchaM of phys10 beds only.
FuNl$ ITr ihe Stslrcase Adaptstlon fvnd have been retelved spedfically to adapl the stslr¢ase in the n¢w bulldln&
Funds In the eooths Ch8rbtles Capltsl Grani fund have been recelved speclfi¢olly towards the decorniing costs of the 8round
floor of the new bulldln&
Funds In the Edward Gollling Foundatlon fund hwe been recelved speclflcally towards the Nft In the new bulldln&
Funds In the National Lottery Communlty Fund have been r￿e1ved for the R C North West Re8lon pro8ramme towards the
refurblshment of the new buildin&
Funds In the Bradbury Foundation fund have been received forthe Newcentre Redevelopment.
Pa8e 32

The Multlple Sclerosls Therapy Centre {NW) Llmited
Notes to the Financial Statements for the Year Ended 31 December 2024
22 Analysls of net assets between funds
Totsl funds ￿ 31
December
2024
Unve5tr1cted funds
General
De518nated
Restrlrted
funds
Tan8lble fixed a55ets
Current assets
1.544,401
107.925
129.8161
1304,1861
1.544,401
107.925
129,816)
1304,186
Current Ilablli￿es
Credttofsover l year
Total net assets
1,318.324
1,318,324
Total tunds at 31
Decfflnber
2023
Unre5￿(ted funds
General
Ded8nated
Re$￿tted
funds
Tan8tsle fixed assets
Current assets
Current nabllltle5
Credltors over l year
1,477.301
124.178
1125.8681
1320,7911
1.477.301
124.178
1125.8681
13x1,791
Total net assets
I.￿,820
1.154.8XI
23 Anal￿1$ of net lunds
Other non u$h
than8
At 31 Decemb
2024
At l January Z024 Rnandnl cash Ilows
Cash at bank and In hand
Debt due wlthln one year
Debt due after more than one year
106,411
126.8701
320.7921
110,3751
17.882
96.036
125,5941
304.186
116.6061
16,606
Netdebt
1241,2511
7,507
233.7441
Other non ¢ash
changes
At 310ewhber
202J
At l Janu3ry2023 FInand￿co$h Ilows
Cash * bank and In hand
Debt due within one year
Debt due after more than one year
49,880
116,1451
290.264
56,531
141.2531
106,411
126,8701
320.792
30.528
30.528
Net debt
1256.5291
15.278
1241.2511
Pa8e 33

The Multlple Sclerosis Therapy Centre {NW) Llmlted
Notes to the Flnanclal Ststements for the Year Ended 31 December 2024
24 Aelated party transBcllon$
During the year the thality made the foll¢)win8 related partytransactlons:
A￿Unts & Tax Advke Umlted
IAC Gllbody. a tWStee.15 the dlrertorof the above firm.)
Payroll ser41ce$ are prowded to the charltyon a no fee basi& At the balance S￿et date the amount due tolfrom Accounts & Tax
Advice Limited was £Nil12023- £Nill.
Uoyd eolam Insurance Brokers Lid
IAC Gilbody, a trustee. is a dlrector and the secretary of the above firm.)
The charlty u5e5 the atM>ve Insurance brokers to provlde thelr Insuran￿ polkies under normal commercial ternis. The amount
pald durlng the period was £8.26812023- £11.118}. At the balance sheet date the amount due tolfrorn Uoyd Bolam Insurance
Brokers Ltd was £NII12023- £NIII.
Trustees
(trustees and a memkw of the Charityi
Trustees and a member of the charity have provlded a lon8 temi loan to the charlty to elther be paid wiihin 5 years or
converted to a charitable donation. At the balan￿ sheet date the amount due to Trustees was £50.IIJO12023 - £45,000).
Pa8e 34