REGISTERED COMPANY NUMBER: 06651359 (England and Wales) REGISTERED CHARITY NUMBER: 1126567
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2023
for
HOPE Multiple Sclerosis Therapy Centre
Ashmole and Co. Williamston House 7 Goat Street Haverfordwest Pembrokeshire SA61 1PX
HOPE Multiple Sclerosis Therapy Centre
Contents of the Financial Statements for the year ended 31 March 2023
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
HOPE Multiple Sclerosis Therapy Centre
Reference and Administrative Details for the year ended 31 March 2023
| TRUSTEES | Mr K Brombley resigned 27.10.22 |
|---|---|
| Mrs M Brace | |
| Mrs M Parry | |
| Mrs V George | |
| Mrs M Harries | |
| Mrs K Kindon | |
| Mr S. Wright started 27.10.22 | |
| FUNDRAISING/MEMBERSHIP COMMITTEE | Mrs M Brace (Chair) resigned 27.10.22 |
| Mrs M Parry | |
| Mrs T Gratton resigned 27.10.22 | |
| Mrs J. Lewis started 27.10.22 | |
| PATRONS | Mrs A Burns |
| Cllr S Hancock | |
| TREASURER | Mrs M Parry |
| Mrs M Harries | |
| CUSTOMER SERVICES/OPERATIONS MANAGER | Mrs T Gratton |
| REGISTERED OFFICE | Unit 57 |
|---|---|
| Honeyborough Business Park | |
| Neyland | |
| MILFORD HAVEN | |
| Pembrokeshire | |
| SA73 1SE |
REGISTERED COMPANY NUMBER 06651359 (England and Wales)
REGISTERED CHARITY NUMBER 1126567
INDEPENDENT EXAMINER Ashmole and Co. Williamston House 7 Goat Street Haverfordwest Pembrokeshire SA61 1PX
Page 1
HOPE Multiple Sclerosis Therapy Centre
Report of the Trustees
for the year ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Activities
HOPE was founded in 1986 to provide oxygen therapy. Today it continues that role, providing relief of sickness and suffering of those with multiple sclerosis and other neurological conditions and for their families and carers in Pembrokeshire and the surrounding areas. This is achieved primarily, but not exclusively through:
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the provision of oxygen therapy, physiotherapy and other therapies as necessary,
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the provision of care, support advice, counselling and information,
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providing or assisting in the provision of recreational and other leisure-time occupation for these beneficiaries in the - interests of social welfare with the object of improving their conditions of life.
Public benefit
We have referred to the guidance contained in the Charity Commissions general guidance on public benefit when reviewing our aims and objectives and in planning out future activities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Even with the restrictions for COVID 19 minimised, it has still been a difficult and challenging year for the charity and one which has continued to have a profound impact on the activities and the services we provide.
We would like to thank all our Trustees, volunteers and staff for their committed approach to tackling the challenges and demands we have faced during the year.
Whilst we have been able to remain open for the year, we are still operating a reduced 3 day service as opposed to the 4 days pre covid. Our members are still slow to return, confidence remained low within the community as a whole.
We continue to successfully provide a unique service for MS sufferers in Pembrokeshire and surrounding areas. Our services at present consist of oxygen therapy and physio therapy sessions. In addition, the centre continues to provide support to the Pembrokeshire Parkinson's group, recovering stroke patients and those undergoing cancer treatment.
FINANCIAL REVIEW
Financial Review
The results for the year and the financial position of the Charity are presented in the financial statements in pages 6 to 7.
Our main sources of income have been virtually non-existent during the COVID pandemic which has impacted our services substantially.
Our service level agreement with the Hywel Dda Health board was focused on us delivering our services to an increased number of people across a wider range of therapies. We very much work on the basis of providing our services and therapies to our members as and when they need them within our opening hours and those of our therapists. To help us transition to the new way of funding, we were granted a minimum level for 2021/22 of £10,000 with any additional payments to be made in line with activity levels should we exceed the minimum levels. Unfortunately in 2022/23 we didn't meet the requirements as previous years. Until these terms change the centre is no longer able entitled to this funding.
Page 2
HOPE Multiple Sclerosis Therapy Centre
Report of the Trustees for the year ended 31 March 2023
FINANCIAL REVIEW Reserves Designated reserves comprise:
1.£10,000 Repairs and Renewals Fund
- 2.£20,000 for the Upgrade or renovation of the Barochamber Oxygen
Funds are held to meet this commitment
Free Reserves.
We are obligated to hold a fund equating to a minimum of 6 months of our annual expenditure for the year ended March 2023 this equates to £31,883. This is however a conservative sum and we should be considering a sum closer to a full year's expenditure. As at end of March 2023 our free reserves amount to £56,090, and are held mainly in the form of cash.
Our members are primarily MS sufferers but we also provide assistance to Parkinsons Disease sufferers and Stroke patients. The financial effect of the development of this activity needs to be carefully monitored and it is therefore important that sufficient reserves are maintained for this purpose until such time as Local Health Board funding may be secured.
FUTURE PLANS
As we move into 2023/2024, our focus is very much on increasing the membership and attendance at the centre, whilst continuing to maintain the safety and welfare of our members.
We will continue to work with our members to expand our range of services and activities as well as pursuing other income streams to support our work.
Our fundraising activities will be a priority for the coming year as well as protecting the longevity of the Charity both operationally and financially.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is an organisation governed by Memorandum and Articles of association incorporated 21st July 2008 as amended by special resolution 10 October 2008.
Organisational structure
The Charity is run by a group of Trustees which is to comprise a minimum of three individuals. Directors are formally appointed at the AGM. During the year Directors may be approved by the members and these Directors are co-opted until the AGM where they will need to be formally appointed by the members. The Trustees of the Charity comprise the Directors who have been formally appointed at the AGM. The names of the Directors for the year ended 31st March 2023 are recorded on page one. One third of the Directors must retire at each AGM. The retiring Directors may, if they so wish, seek re-election.
The Directors may at their discretion delegate aspects of the management and operation of the Charity to committees such as the Members & Fundraising Committee. Nominations for membership of any committee, or subcommittee, must be approved by the Directors. Subcommittees report directly to the committees.
Induction and training of new trustees
Trustee appointments are approved by the trustees by special resolution. Trustees are selected based upon the individuals personal or professional qualifications which are considered to be beneficial to the future direction of the Charity. No external bodies have a right to appoint to the committee.
Page 3
HOPE Multiple Sclerosis Therapy Centre
Report of the Trustees for the year ended 31 March 2023
STATEMENT OF COMMITTEE OF MANAGEMENTS' RESPONSIBILITIES
Charity law requires the council to prepare financial statements for each financial year which give a true and fair view of the state of the charity and of its financial activities for that period. In preparing those financial statements the council is required to:-
(i) Select suitable accounting policies and then apply them consistently;
(ii) Make judgements and estimates that are reasonable and prudent;
(iii) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity continue in business.
will
The council is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with applicable Accounting Standards and the regulations made under the Charities Act. The council is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
Approved by order of the board of trustees on 28 September 2023 and signed on its behalf by:
Ms K Kindon - Trustee
Page 4
Independent Examiner's Report to the Trustees of HOPE Multiple Sclerosis Therapy Centre
Independent examiner's report to the trustees of HOPE Multiple Sclerosis Therapy Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
William Hughes
Ashmole and Co. Williamston House 7 Goat Street Haverfordwest Pembrokeshire SA61 1PX
Date: .............................................
Page 5
HOPE Multiple Sclerosis Therapy Centre
Statement of Financial Activities for the year ended 31 March 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 15,686 Charitable activities 5 Oxygen Therapy Centre 4,540 Physiotherapy Services 18,119 Other trading activities 3 2,621 Investment income 4 407 Total 41,373 EXPENDITURE ON Raising funds 6 177 Charitable activities 7 Oxygen Therapy Centre 35,761 Physiotherapy Services 26,778 Carers activities 60 Total 62,776 NET INCOME/(EXPENDITURE) (21,403) RECONCILIATION OF FUNDS Total funds brought forward 116,884 TOTAL FUNDS CARRIED FORWARD 95,481 |
Restricted funds £ - - 480 - - 480 - - 480 510 990 (510) 5,595 5,085 |
31.3.23 31.3.22 Total Total funds funds £ £ 15,686 14,781 4,540 3,787 18,599 24,443 2,621 2,661 407 767 41,853 46,439 177 - 35,761 40,654 27,258 30,520 570 390 63,766 71,564 (21,913) (25,125) 122,479 147,604 100,566 122,479 |
|---|---|---|
The notes form part of these financial statements
Page 6
HOPE Multiple Sclerosis Therapy Centre
Balance Sheet 31 March 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 13 9,391 CURRENT ASSETS Debtors 14 1,980 Cash at bank 86,454 88,434 CREDITORS Amounts falling due within one year 15 (2,344) NET CURRENT ASSETS 86,090 TOTAL ASSETS LESS CURRENT LIABILITIES 95,481 NET ASSETS 95,481 FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 5,085 5,085 - 5,085 5,085 5,085 |
31.3.23 Total funds £ 9,391 1,980 91,539 93,519 (2,344) 91,175 100,566 100,566 95,481 5,085 100,566 |
31.3.22 Total funds £ 11,132 1,022 112,502 113,524 (2,177) 111,347 122,479 122,479 116,884 5,595 122,479 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
HOPE Multiple Sclerosis Therapy Centre
Balance Sheet - continued 31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 September 2023 and were signed on its behalf by:
K Kindon - Trustee
M J Parry - Trustee
The notes form part of these financial statements
Page 8
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements for the year ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Leasehold Property Improvement | - 20% on reducing balance |
|---|---|
| Fixtures and fittings | - 15% on reducing balance |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated reserves comprise:
(i) a building reserve fund, being funds set aside with a view to acquiring a freehold property from which the charity may in the future conduct its affairs
(ii) Funds to allow for the replacement of the oxygen Chamber
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Collection boxes | 387 | 274 |
| Donations | 15,299 | 14,507 |
| 15,686 | 14,781 |
continued...
Page 9
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements - continued for the year ended 31 March 2023
| 3. OTHER TRADING ACTIVITIES Fundraising events Membership & Subscriptions HMRC Furlough 4. INVESTMENT INCOME Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Oxygen Chamber Oxygen Therapy Centre Local Health Board Physiotherapy Services Physiotherapy treatment Physiotherapy Services Parkinsons Society Physiotherapy Services 6. RAISING FUNDS Raising donations and legacies Support costs 7. CHARITABLE ACTIVITIES COSTS Oxygen Therapy Centre Physiotherapy Services Carers activities |
31.3.23 31.3.22 £ £ 1,571 595 1,050 1,432 - 634 2,621 2,661 31.3.23 31.3.22 £ £ 407 767 31.3.23 31.3.22 £ £ 4,540 3,787 480 10,000 12,365 9,493 5,754 4,950 23,139 28,230 31.3.23 31.3.22 £ £ 178 - Support Direct costs (see Costs note 8) Totals £ £ £ 33,469 2,292 35,761 26,734 524 27,258 570 - 570 60,773 2,816 63,589 |
31.3.23 31.3.22 £ £ 1,571 595 1,050 1,432 - 634 2,621 2,661 31.3.23 31.3.22 £ £ 407 767 31.3.23 31.3.22 £ £ 4,540 3,787 480 10,000 12,365 9,493 5,754 4,950 23,139 28,230 31.3.23 31.3.22 £ £ 178 - Support Direct costs (see Costs note 8) Totals £ £ £ 33,469 2,292 35,761 26,734 524 27,258 570 - 570 60,773 2,816 63,589 |
|---|---|---|
| 63,589 |
continued...
Page 10
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements - continued for the year ended 31 March 2023
8. SUPPORT COSTS
| SUPPORT COSTS | |||||
|---|---|---|---|---|---|
| Governance | |||||
| Management | costs | Totals | |||
| £ | £ | £ | |||
| Raising donations and legacies | 178 | - | 178 | ||
| Oxygen Therapy Centre | 941 | 1,351 | 2,292 | ||
| Physiotherapy Services | 524 | - | 524 | ||
| 1,643 | 1,351 | 2,994 | |||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) is stated after charging/(crediting): | |||||
| 31.3.23 | 31.3.22 | ||||
| £ | £ | ||||
| Depreciation - owned assets | 1,741 | 2,070 |
9. NET INCOME/(EXPENDITURE)
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
11. STAFF COSTS
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 9,610 | 12,700 |
| 9,610 | 12,700 | |
| The average monthly number of employees during the year was as follows: | ||
| 31.3.23 | 31.3.22 | |
| Employees | 1 | 1 |
No employees received emoluments in excess of £60,000.
continued...
Page 11
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements - continued for the year ended 31 March 2023
| 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 14,781 - Charitable activities Oxygen Therapy Centre 3,787 - Physiotherapy Services 14,443 10,000 Other trading activities 2,661 - Investment income 767 - Total 36,439 10,000 EXPENDITURE ON Charitable activities Oxygen Therapy Centre 40,654 - Physiotherapy Services 20,520 10,000 Carers activities 390 - Total 61,564 10,000 NET INCOME/(EXPENDITURE) (25,125) - RECONCILIATION OF FUNDS Total funds brought forward 142,009 5,595 TOTAL FUNDS CARRIED FORWARD 116,884 5,595 13. TANGIBLE FIXED ASSETS Leasehold Fixtures Property and Improvement fittings £ £ COST At 1 April 2022 and 31 March 2023 7,090 39,996 DEPRECIATION At 1 April 2022 5,675 30,279 Charge for year 283 1,458 At 31 March 2023 5,958 31,737 NET BOOK VALUE At 31 March 2023 1,132 8,259 At 31 March 2022 1,415 9,717 |
Total funds £ 14,781 3,787 24,443 2,661 767 46,439 40,654 30,520 390 71,564 (25,125) 147,604 122,479 Totals £ 47,086 35,954 1,741 37,695 9,391 11,132 |
|---|---|
continued...
Page 12
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements - continued for the year ended 31 March 2023
| 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued Expenses Accountancy Costs 16. MOVEMENT IN FUNDS Unrestricted funds General Fund Repairs and Renewals Fund Designated Chamber Replacement Fund Restricted funds Carers Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General Fund Restricted funds Physiotherapy Fund Carers Fund TOTAL FUNDS |
At 1.4.22 £ 86,884 10,000 20,000 116,884 5,595 122,479 Incoming resources £ 41,373 480 - 480 41,853 |
31.3.23 31.3.22 £ £ 1,980 1,022 31.3.23 31.3.22 £ £ 1,186 1,212 1,158 965 2,344 2,177 Net movement At in funds 31.3.23 £ £ (21,403) 65,481 - 10,000 - 20,000 (21,403) 95,481 (510) 5,085 (21,913) 100,566 Resources Movement expended in funds £ £ (62,776) (21,403) (480) - (510) (510) (990) (510) (63,766) (21,913) |
31.3.22 £ 1,022 31.3.22 £ 1,212 965 2,177 At 31.3.23 £ 65,481 10,000 20,000 |
31.3.22 £ 1,022 31.3.22 £ 1,212 965 2,177 At 31.3.23 £ 65,481 10,000 20,000 |
|---|---|---|---|---|
| 95,481 5,085 |
||||
| 100,566 | ||||
| (510) | ||||
| (21,913) |
continued...
Page 13
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements - continued for the year ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.21 £ Unrestricted funds General Fund 62,009 Repairs and Renewals Fund 60,000 Designated Chamber Replacement Fund 20,000 142,009 Restricted funds Carers Fund 5,595 TOTAL FUNDS 147,604 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General Fund 36,439 Restricted funds Physiotherapy Fund 10,000 TOTAL FUNDS 46,439 A current year 12 months and prior year 12 months combined position is as follows: At 1.4.21 £ Unrestricted funds General Fund 62,009 Repairs and Renewals Fund 60,000 Designated Chamber Replacement Fund 20,000 142,009 Restricted funds Carers Fund 5,595 TOTAL FUNDS 147,604 |
Net movement At in funds 31.3.22 £ £ (25,125) 36,884 - 60,000 - 20,000 (25,125) 116,884 - 5,595 (25,125) 122,479 Resources Movement expended in funds £ £ (61,564) (25,125) (10,000) - (71,564) (25,125) Net movement At in funds 31.3.23 £ £ (46,528) 15,481 - 60,000 - 20,000 (46,528) 95,481 (510) 5,085 (47,038) 100,566 |
|---|---|
continued...
Page 14
HOPE Multiple Sclerosis Therapy Centre
Notes to the Financial Statements - continued for the year ended 31 March 2023
16. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General Fund | 77,812 | (124,340) | (46,528) |
| Restricted funds | |||
| Physiotherapy Fund | 10,480 | (10,480) | - |
| Carers Fund | - | (510) | (510) |
| 10,480 | (10,990) | (510) | |
| TOTAL FUNDS | 88,292 | (135,330) | (47,038) |
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
18. GOING CONCERN
These financial statements are prepared on the going concern basis. Despite Covid-19 the trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future.
Page 15
HOPE Multiple Sclerosis Therapy Centre
Detailed Statement of Financial Activities for the year ended 31 March 2023
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Collection boxes | 387 | 274 |
| Donations | 15,299 | 14,507 |
| 15,686 | 14,781 | |
| Other trading activities | ||
| Fundraising events | 1,571 | 595 |
| Membership & Subscriptions | 1,050 | 1,432 |
| HMRC Furlough | - | 634 |
| 2,621 | 2,661 | |
| Investment income | ||
| Deposit account interest | 407 | 767 |
| Charitable activities | ||
| Local Health Board | 480 | 10,000 |
| Physiotherapy treatment | 12,365 | 9,493 |
| Oxygen Chamber | 4,540 | 3,787 |
| Parkinsons Society | 5,754 | 4,950 |
| 23,139 | 28,230 | |
| Total incoming resources | 41,853 | 46,439 |
| EXPENDITURE | ||
| Other trading activities | ||
| Fundraising purchases & costs | (1) | - |
| Charitable activities | ||
| Wages | 9,610 | 12,700 |
| Rates and water | 402 | 186 |
| Insurance | 5,020 | 3,865 |
| Light and heat | 1,365 | 2,667 |
| Professional fees | 660 | 896 |
| Physiotherapist | 20,285 | 22,747 |
| Chamber Costs | 1,107 | 1,787 |
| Property Lease | 10,800 | 10,800 |
| Property refurbishment | 1,675 | 3,352 |
| Catering Costs | - | 117 |
| Cleaning & laundry | 3,067 | 3,462 |
| Membership & Subscriptions | 340 | 200 |
| British Oxygen | 3,681 | 2,017 |
| Physiotherapy consumables | 450 | 598 |
| Carers hospitality | 570 | 390 |
| Carried forward | 59,032 | 65,784 |
This page does not form part of the statutory financial statements
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HOPE Multiple Sclerosis Therapy Centre
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the year ended 31 March 2023 | |||
| 31.3.23 | 31.3.22 | ||
| £ | £ | ||
| Charitable activities | |||
| Brought forward | 59,032 | 65,784 | |
| Improvements to property | 283 | 355 | |
| Fixtures and fittings | 1,458 | 1,715 | |
| 60,773 | 67,854 | ||
| Support costs | |||
| Management | |||
| Telephone | 1,140 | 1,082 | |
| Postage and stationery | 280 | 1,210 | |
| Bank Charges | 223 | 350 | |
| 1,643 | 2,642 | ||
| Governance costs | |||
| Accountancy fees | 1,351 | 1,068 | |
| Total resources expended | 63,766 | 71,564 | |
| Net expenditure | (21,913) | (25,125) |
This page does not form part of the statutory financial statements
Page 17