Registered Charity No. 1148855 Registered Company No. 08132198 Muscular Dystrophy Support Centre inspiring Independence NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE REPORT OF THE DIRECTORS AND UNAUDITED FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 JULY 2024
NMC MIDLANDS (A COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE CONTENTS OF THE FINANCIAL STATEMEMTS for the year gnded 31 July 2024 Page Refernnce and Admln18tratlve Dotalls Ch•lrf• Revlow Report of th• Dlr•¢tor• •nd Tru8t••s' Annual Report Independent Examln•rf• Report 11 8tatfrm•nt of Flnanclal Actlvltl•s 12 8alanc• Sh••t 13 Nolu to th• Fln•n¢lal 8tstsm•nts 14
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE REFERENCE AND ADMINISTRATIVE DETAILS Reg18tered Company number: 08132198 (England and Wales) Charlty number: 1148855 Dlroctorn l Tru•tsM: Mrs J Field Miss J Sehmbi Mr M Field Mrs R Hereford Mr D S811 Mr R Flemming Mrs A Terry Mr3 A Bhari Mr G Evans - Company Secretary Ch8ir - R&b'red- 7 Augu$l 2024 Treasurer, Appointed- 27 July 2024 Appointed- 27 July 2024 Rogl8tor8d offlc• & Prlnclpal offlc•'. Unlt 10 We80d House Weshvood Way We8tsYos>J Bu8in888 Park Coventy CV4 8HS Accountants: Daffern8 Aud51 Llmked Chartered Accountants One EaS0d Harry Weston Road Binley 8uslne85 Park Coventry CV3 2UB BankerJ: The CcrOper8ve Bank P.0. Box 101 Balloon Street Manchester M60 4EP ¢hl•f Executlvo Offlcer Sarah Ann Moore Pag8 1
NMC MIDLANDS (A COMPANY LIMITED BY GUAPANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE CHAIR'S REVIEW for the year 8nded 31 July 2024 l am very proud to lead the Board of Trustses for the Muscular Dystrophy Support Centre {'MDSC'), and to present its report for the financial year ended 31 July 2024. This has been another successful and prOdu1Ve year for the Charty, which saw us opening a new satellite clinic in Northamptonshire (Davenlry), successfully launch a new "Adapting to Change" peer support group and introduce aquatic therapy classes in Coventry lo our schedule. As at our year end, we were supporting over 560 Ople with Muscular Dystrophy {MD) with regular physiolherapy and other therapies. Reflecting the very high demand for our service, we had over 40 p8opI8 with MD warting lo join our service at the end of the year. During 2023-24 w8 wer8 d81ighted to welcome new therapists to our Clinical Team, allowing us lo continue to èxpand the provision of OUT services. We gr the overall monthly therapy hours we offer to 459 sessions a month. We grew our core therapy provision in Coventry and al our satellite clini¢$ in Bimiingham, Leicesler, Tipton and now Daventry. Our online therapies continue to be a popular source of support for our seNice users - bringing our care right into the hom85 of people with MD. This year we dev81oped new Wellness Hub. educational and interactive sessions on, e.g., respiratory health and nutrition and continued to provide yoga, core fitness, pilales, mindfulness and breathwork classes. Kèy findings from our service user survey demonstrated the value that people with MD plac8 on our service. 79 h of respondents said our support helps them build their physical re5ili8nce,' 759h said we helped them maintain their emotional wellbeing, and 760/ty said we helped them to INe well with MD. 770/9 said our support preventedl reduced falls, and 73% said our support helped keep them out of hospital and reduced their relian on other healthcare Seices. At the end of the year our team spent time together refiecting on the Charty's achievements to date and our pot8ntial strategy for the future as we move towards the launch of a new fiv&year strategy in the 8ummer of 2025. Our long-term aim is to conts'nue to grow our services to enable more people across the Midlands with MD to benefit from the vital therapies and support that we offer. Our biggest challenges remain the high demand for our services given the unmet need in the community, and the need to grow our SeiceS in a delib8rate and sustainable way, whilst securing the funding necessary to support that growth, against a backdrop of stiff compets'tion in the sector for all types fijnding. Our achievements this year have only been possible because of the ongoing generosity of our donors and supporters. and the tireless hard work of our staff, volunteers, and Trustees. On behalf of the Board of Trustees, I would like lo express deep gratitude to everyone who has contributed lo the very real difference MDSC has continued to make to the lives of people with MD and their families in the past year. Thank you. Ruth Hereford Chair of Trustees Dale.. 7 April 2025 Page 2
NMC MIDLANDS IA COMPANY LIMITEO BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES. REPORT forth& year ended 31 July 2024 The Trustees (who are Directors under Company law), present their r8POrt with the unaudited financial stalements for the year ended 31 July 2024. The account8 have been prepared in accordance wllh the accountlng policie5 set out in note 1 to the accounts and comply with the Charity's governing document, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice (SORPI" iSSU8d in OGtober 2019. Publlc benefit The Trustees have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning its future activrties and hav8 therefore complied with the duty lo have due regard lo guidance on public benefft published by the Commission. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document NMC Midlands Ltd. using the working name Muscular Dystrophy Support C8ntr8 {'MD Support Centre, or 'MDSC'I is a Charitable Company limited by guarantee. It was incorporated on 5 July 2012 and is govemed by its Memorandum and Articles of Association. The Company became a registered Charity on 6 September 2012. Racrultment and appolntmenl of Tru8toe8 l Dlrectors The Directors of the Company ar8 also th8 Charity Trustee5 for the purpose of Charty law. Under the requirements of the Memorandum and Articles of Association, one-third of the Trustees must retire and offer themselves for re-election at the Annual General Meeting. The Charity is administere(I by the Trustees, who meet quarterfy as a Board to provide Oversht and review of the operation of the Charty. All Trusteè appointments are made wrth due regard to the range of 5ki11s required by the Board of Trustees and the relevant experience and knowledge offered by the potential Trustee. The training of each new Trustee includgs a visit to the Charity'$ premises and discussions with existing Trustee Board members. None of the Trustees have any ben8ficlal interest in the Company. All of the Trustees are members of the Company and guarantee to contribute £1 in the event the Company being wound up. Governance and management structure The Charity is led by our Chief Executive Officer, who reports to the Board of Trustees, and manages our staff including our Clinical Services Manager and Fundraising Manager. Our Fundraising Manager manages our Engagement and Fundraising Officer and Communications Officer. Our Clinical Services Manager manages our reception and administration team and co- manages with our Clinical Leads our team ot employed and freelance therapists. Our Project Board and our Service User Focus Group are comprised of service users and stakeholders. They both meet quarterly.. using their INed experience to help us develop new initiatives and inform our strategy and operations. Pagg 3
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES. REPORT {contlnued) for the year ended 31 July 2024 Charitsble objectives The Charity's formal objects per its Memorandum and Articles of Association are to relieve sickness and promote health for those affected by muscular dystrophy {MDI and related neuromuscular conditions, by providing or as51Sting in the provision of facilities and services, and by such other means as are exclusively charitable according to the laws of England and Wales as the Trustees may determine from time-to-time. Mission and vision MDSC was established and is led by people With, or affected by, MD. Whilst we have transrtioned from a primarily Trustee to staff-led Charity over th8 past few years, our Trustees are all people wilh or affected by MD and ar8 actively engaged in the Charity in varying degrees and so our aims remain the same. Our Mission is to work together to support Feople affected by MD, creatlng an envlronment where full potential and optimal well-being can be achieved. through provision of physical therapies and other support seNices. Our Vision is to empower people with MD and improve th8 abi1Sty of people wlth, and affected by, MD to live well independently for longer by,. growing our service capacity, scope, reach, accessibility. and relovanc8', • continuously improving our systems for governance, sustainability, and clinical effectiveness,. and diversifying income streams and improving our engagement with servlce users vla strengthened communicalions and mafkgting. ACHIEVEMENTS AND PERFORMANCE Therapy actlvlties durlng 2023124 MD is a rare, progressive musclé-wasting condition. MDUK research has confirmed that MD affects 110.000 people in the UK. P80ple wrth MD have a wide range of symptoms and age of onsét. Most commonly they experience pain, muscle loss and ongoing physic81 deterioration with progressiv8 loss of mobility and compromised respiratory function. Our Charity ha5 been providing therapies since January 2013. Our long-tem goal is to transform access to spècialist physical therapies for adults with MD in the Midlands region. Operating from our main Centre in Coventry and a nehvork of satellite clinics around the Midlands, we support people prlmarily by providing specialist physical therapies on a long-term basis. Whilst there is no cure for MO. our evidence shows that regular, specialist physical therapies can help improve muscle usage, reduce pain, and uttimately enable people to take control of their condition and retsin greater functionality and independence. At our year end, we were supporting 563 people with MD with regular physiotherapy and other therapies. 5 % of our service users are under 25, 41 */0 are aged 28-50, 390A are 51-71 and 150/0 over 72. Our service users come from 29 counties and have 47 types of MD. They have many different types of MD and live in 27 counties across the Midlands (and beyond). Page 4
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES. REPORT lcontlnugdl for the year ended 31 July 2024 We had 40 people with MD warting to join our Servi at year end, all in various stages of in the feferral and onboarding process, but We anticipate welcoming them all into our community of people with MD over the coming year. We grew the monthly therapy hours offered to 459 sessions a month, maintaining our core thèrapiès {physiotherapy and osteopathy) throughout the year both online and face-to-face at our Coventry headquarters and our satellrte clinics in Birmingham, Leicester, Tipton and Daventry. Satellite clinics are delivered in partnership with local organisations to share resources and reduce travel for people with MD. Birmingham is where our biggest concentralion of new service users live, and during the year we have continued to op8ral8 a schedule of 3 days a we8k including Saturdays al our Birmingham location. We increased therapy hours at our Coventry Centre with the appointment of an additional physiolherapist, and we fom)ally added Daventy to our satellite neOrk in year. adding a weekly clinic day at that location to our schedule. Most referrals came from NHS Consultants ar)d GPS, and all new service users benefited from face41o- face needs assessment with a physiotherapist in Coventry, al which an action plan was agreed. Ongoing therapy plans are a bespoke combinalion of physiolherapy, osteopathy. group and individual online exercise classes, complementary therapy, and other support. Online ex8rcise and wellteing classes continued in popularity. These sessions consist of one- t(>one 5UPPOrt or group classes are led by our expert therapists. tailored for people wrth MD, Ilvestreamed from our Coventry HQ and available pre-recorded on our website. Some service users engage In a regular programme, whllst others drop in as sults them. Four drop-in classes a week - yoga, sealed exercise, seatedlstanding exercise and breathwork focus on posture, balance, building core stability, power, endurance, and stress reduction. We expanded our "Online Wellness Hub. interactive information sessions in year and continued to offer online classes including yoga, core fitness, pilates, mindfulness and brealhwork. Our online so¢ial group for Feople with MD and their families - a safe space for socialising and peer support- now has 129 members. Feedback from servlce usern We were delighted that our 2023-24 annual service user survey results demonstrated the enormous impact that our Charity is having on the health, well-being and quality of lrfe of our S8rvice users and carers. Key findings include.. 770/0 of suNey respondenls said MDSC had helped them understand and manage their condition, 750/0 Staled that their motivation was improved and 760/0 indicated that the MDSC assisle(I them to live well with MD. 75'/u said that our support online and f8cethlo-face helps them maintain their emolional wellbeing, and 79 % said our support helps them build their physical resilience. 890A were in agreement that our support helped keep their joints flexible, and 820/0 said rf( helped maintain muscle strength. 77% said our support prevented or reduced falls, and 73% indicated that their therapy helped them kept them out of hospital and reduced their reliance on other healthcare services. 760/0 said our 5UPPOrt helped slow the deterioration of their condition, and 739h said that therapy support helped them manage pain. P8ge 5
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES, REPORT Icontlnuodl for the ygar ended 31 July 2024 se1 users said.. .1 think this is ph8nomenal set up and we try Bs a family to support this Charity as much as we are able as we are extMelY lucky to have this wonderful facility our sincere and gratoful thanks as this means the wortd to us not only to me but my family.'-I cannot express what wonderful woA( the Charity does to help myself and others." 'M8SSIVe oppreciatlon of the WO the Charity does and the knowl8dge it spTrads about th8 condition. Grgat to have a Cent of expertise that thoroughly undèrstands all of the users, challenges, provIng the 17ght support in a friendly enVInMent. Thank you for 811 your help." °MDSC is an invaluabl8 s8Nic8 th8t has absolut81y improved my ability to manage da*tO-day with my disability." "Just keep dng what you are dng- I donl know Wha I would be now rf I hadny been ferred to MDSC 2 years ago" 'I'm so grateful lo have access to your amazing Chanty. It has mad8 a huga difference- to know I can talk to a therapist . . 8bout any 8SPgCt of my health, on a r8gu18r and on-going b8SIS, helps me to feel in control, 8nd builds my confKhnce. Thank youl" .1 think that thg phySther8P1stS are really good, friendly, professional and knowledgeable. Tha rest of the staff at th8 centrg are friendly, understanding and helpful. The Charity is amazing and everyone the is a star.. 'The growth in 10 years has boen incredible and the cha118ng8s have been swnificant due to outside factors e.g. cov, cost of living. The man8g8menVstaff are fant8Stic,° .1 wish I h8d h8d thè opwrtunily to access this service sooner 8s I believe it would have support8d me as my cOnditn progmssed to the stage wh8r8 l am no longer able to stand.. Changes to staffing and volunteers During the year our team comprised a mixture of 11 paid staff (7.91 FTE) and 11 self-employed therapists. Our Clinical Services Manager supported a team of highly qualified therapists, which primarily included physiotherapists, but also osteopaths and a therapy assistant. Links that we have devéloped with the Universiti'es of Bimiingham and Coventry are seeing their physiotherapy students volunteer wilh us to gain experience, Our team is supported by administrative staff alongside lay volunteers.. people with MD and their relatives who help host ciinic ses&ons and lead online social activities. MDSC is committed to promoting inclusiveness and equal opportunities for all. As part of thls commitment. we are focussed on actively supporting our service users to stay in Ihe workforce. and we provide opportUDlties for people with MD via employment and volunteering. Our 33 volunteers made a significant contribution, donating their time at our HQ and satellites to provide crucial support to staff, welcoming Servi users into our clinics at reception desks. assisting our physiotherapists and woth'ng behind the scenes, for example supporting the Smooth runr)ing of events such as our Open Day. Pagg 6
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES. REPORT Icontlnuedl for thg year ended 31 July 2024 Challenges The main challenge we fa is the demand for our seNices, which continues to grow. At the year end, the warting time from enty lo the waiting list to initial assessment was five months. We have worked hard lo drive down our waiting time by increasing the number of initial assessments that we undertake each month. Other challenges included.. We do not own any land or property - our Centre and all of our clinic space is leased and increases In rental costs are plaong significant pressure on Our Charity's recurrent cost base.. and The ongoing impact of the ¢ost-of-living crisis continues lo present distinct challenges for 811 charities that rely on voluntary income, and ac¢essing grant funding is particularly and increasingly competitive. PLANS FOR THE FUTURE Our key priority iemains expanding our capacty, sustainably growing our services to help more people with MD. Early In 2024-25 we will pilot an additional clinic locatlon in Blrnlngham lat the Movewell Centre on the University of Birmingham carnpus) arKI also introduce aquatic therapy cla8S88 In Coventry to our schedule, We are keen to offer more and varied social event8 anfj opportunrties for interaction and engagement in our MD community. We plan to establish our new Adapting lo Change peer group and add others (including potentially a young persons'ltransition to adult services focused group) in due course. We have increased the number of in-person coffee mornings and other service user-led gel togelhers across our locations in 2023-24, but it has become clear that the lack of space that we have in our main C8ntrg and HQ al Unit 10 Westwood House is a significant limiting factor for this type of activity. We are therefore looking into potentially occupying the neighbouring Unit 9. The acquisition of this additional space will allow us to expand physical therapy space and capacrty in the 8XlSting Unit 10 and increase social interaction and other support services in Unrt 9. Ovei the course of 2024-25 we will develop a new five year strategy- focussing on how we can improve our intemal processes, work better wilh other charitieslorganisalions to address gaps in MD care, and continue to grow the services that we offer. We will engage service users and carer5 to be a key part of that conversation as we Share idea5 and move towards the launch of a new fiv8-y8ar 5tiat8gy in th8 summer of 2025. FINANCIAL REVIEW INCOME AND EXPENDITURE Total income for the financial year eIed 31 July 2024 was £492.169 {2023.' £445,584) of which 47Vo 12023-. 63 /ol was voluntary and 53.10 (2023., 37 /ol was charttable activities or investment income, reflecting our strategy to continue to diversify our income streams. Total expenditure was £528,699 (2023.. £442,064) which left us wilh a deficit of £36,530 (2023.. surplus of £3.520). Page 7
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES. REPORT Icontlnuedl lor the year end 31 July 2024 Voluntary Income During the year we raised £229,753 12023.. £280,535) in voluntary income including £172,986 12023. £229,508) from Trusts and Foundations lincluding £32,012 from the National Lottery Community Fund), and £56,767 from individual giving and corporate, community & events donors. The ratio of fundraising costs lo voluntary income raised was 4 /0. We would like to thank our service us8rs for their donations towards their therapy and for organising fundraising events for us, as well as our supporters for their most generous regular and onè off contnbutions. We would also likè to acknowledge the support of the following donors last year.. 29th May 1961 Chari18ble Twst, Austin Edward Charily Trust, 88n)n Davenport's Chanfy, Benham Chantable Settlement, Bennett Wot*p18ce Solutions, Bimiingham District Nursing Charitable Tfust, Bimingham Voluntary serye Council, Covonlry Gener81 Ch8rities, Douglas Heath Eves Trust, D'oyly Carte Charitable Tnjst, Dumbreck Charity, Edw8rd and Doffjthy Cadbury Trust. Enc W Vinc8n¢ Tmst Fund, Ev8son Charitablè Tmst, February Foundation. Garf1d W8ston Foundation, Geoff Hill Chantable Trust, Georg8 Henry Collins Charity, Grace Trust, Grimmit Tmst, Hé8rt of England Community Foundation, HEAR TH Found8tion, Helen Jean Cope Charity, Hospital Saturday Fund, J8mes Tudor Foundation, J C SgGoomba Chanlablg Trust. J8mas Wise Charitable Twst, Jeans 4 G8n8s. John Avins Tnjst, Keith Coombs Charitable Trusl, L and R Gilley Chantabl8 Tnist, L8amington Spa Community Fund, Leicestgrshir8 and Rutland Community Foundation, LoicosterSHIRE Community Grant, Lill1& J¢thnson Charitable Trust, Maud Elkington Charitable Trust, M8r6h Charitable Tmst. Micha81 Guest Ch8rit8ble Foundation, Mich881 and Anna Wix Ch8ri1able TSt, Nation81 Lottery Community Fund {Re8ching Communities and A waKls forAII), N Smith Chantable Settl8ment, p F Charitable Trust, Patjryck Trust, Pmvincial Gr8nd Lodg8 Warwickshire, Richard Kilcuppe Gharity, Rugby Group Benevolent Fund, Tipton and Coseley Building Society Ch8nt8ble FOund8tn, W E Dunn Charitable Tmst, w O StTrel Ch8ritable FOUndatn, W G Edw8rfs Charitsble FOUndatn, W8nvlck PvIdent Dispensary Ch8rity and th8 Chantable Trust. Charltable actlvltles Income Income generated in the course of delivering our Gharilable activities lotalled £245,032 {2023'. £161,898) with income from NHS commissioners making up the bulk - £234,222 12023.. £153,395) - of that. Our team continue to work hard in persuading commissioners to increase the contributions made for service users falling into their area of statutory responsibilrty. Donations from service users towards their therapies added £4,852 (2023.. £5.2891 lo that total and provision of complementary therapies added £2,100 (2023.. £2.2001 with the balance from renting space and selling needed physio supplies to our service users. Expendlture Overall expenditure represented a gr0h of 20U/o on 2023, in line with our long-temi strategy lo expand capacity in Iherapy provision for people wf(h MD across the Midlands. The majority of our Spending {69010l was on the team of people - management, co-ordination and clinical - who deliver support for our service users and the c05t5 of delivering our Iherapy service. Our staff team is split more or less 50150 be88n our expert freelance therapists and our employed team. We Spent the remaining 31¥0 on rent and supplies for our HQ and other premises, and governance costs. Page 8
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE TRUSTEES, REPORT Icontinuedl for the year 8ndgd 31 July 2024 RESERVES POLICY AND POSITION The Trustees have agreed a policy of holding three to six months of annual expenditure in unrestricted (free) reserves. This policy ensures we are able to mitigate the risk of reducing our Services to people with MD should we find ourselves at risk of a deficit position in the short- term and is reviewed annually by the Board. Our overall reserves position at 31 July 2024 was £410,961 (2023.. £447.491), including £13,980 12023.. £54,492) restricted funds for spend in the coming year and £11,350 {2023= £15,135) of restricted funds represented by fixed assets pur¢hased durlng the year. Trustees have elected to designate £100,859 lo fund key oneff developfflents to improve our therapy service. These include an expansion of space for Iherapies at our Coventry HQ, and the potential purchase and installation of a Hydropool to address the difficulties we have faced in finding suitable facilities to use in provifJing vital hydrotherapy to those service users who need Free (unrestricted) reserves after all adjustments and designated funds had been accounted for was £284.772. 888ed on forecasted expenditure for 2025 of £688,628, our free reseNes comprise around five months of forecasted expenditure, which together with designated funds falls in line with the Trustees, policy. RISK REVIEW The Truste8s have assessed the major rl8ks to which the Charity is exposed and have syslems in place lo manage those risks. Our CEO is focused on building organisation81 sustainabilty and delivering the Charity's S-year strategy. The Charity reviews and enhances its system of internal control on an ongoing bas18. This includes reviewing key policies and procedures, enhancing réporting structures, using new electronic tools to improve efficiency and control, and further embedding the Charity's vision and value5 to ensure that all activrties of the Charity continue to aayS support the fulfilment of its mi55ion. PAYMENT OF CREDITORS The Charity's current policy concerning the payment of trade creditors is to follow the CBI'S Prompt Payers Code (copies are available from the CBI, Centre PoSnt, 103 New Oxford Street, London, WC1A 1DU) which is to.. Settle the terms of payments with suppliers when agr88ing the tèms of each transaction-, Ensure that suppliers are made aware of the terms of payments by inclusion of the relevant terms of contracts,. and Pay in accordance with the Company's contractual and other legal obligations. This report has been prepared in accordan with Ihe special provisions of Part 15 of the Companies Act 2006 relating to small companies. Page 9
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPPIY SUPPORT CENTRE TRUSTEES, REPORT Icontlnuedl for the year ended 31 July 2024 SIGNED ON BEHALF OF THE BOARD BY: Mr M Fleld Dlrectorrfrustee Datgd.. 5 Apdl 2025 Page 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI I report lo the Chanty Trustees on my examination of the accounts of the Company for the year ended 31 July 2024 whlch are set QLrt on pages 12 10 23. R•$ponslbllltl8s and basls of report A5 the Charity Trustees of the Company land also rts directors for the purposes of Company lawl you are responsible for the pparatIon of the accounts in 8ccord8nce whtt the requirements of the Companies Act 20061'the 2006 Act'i Having sab'sfied myself that the accounts of the Compary are not required to be audited under Part 16 of the 2006 Act 8nd are eligible for independent examination, I report in respect of my examination of your Company's accounts as carried OLrt under 8eclion 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In cafrylng out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Indgpendont •x•mln•rfs stat•mont I h8ve completed my examlnalion. I nrM Ih8t no m8tters have Come lo my ¥ttention in wnnedon wllh the ex8mlnath)n glvlng me ¢au$e to believe that in any material spect.. 8ccounllng rocords were not kept in respect of the Company as requlred by sectlon 386 of the 2006 Act. or the accounts do not accord th those racord8.' or the accounts do not comply wlth the accounting requirem¢nl$ ol $g¢1ion 398 of the 2006 Act other than any requirement that the accounts glvé a 'trué 8nd fair vlew, whlch 18 not 8 matter con8idere(l as part of an Independent examlnation,. or the accounts have not been prepared in accordance vrilh the methods and pnnciples of the Statement of Recomrnended Pr8ctlce for accounllng and reporting by charflles 8ppllcabl6 10 charities prepadng thelr accounts In aceordance with the Fln8ncial Reporting Sland8rd 8ppIic8ble in the UK and Republic of Ireland {FRS 1021. I hove no concern8 and have come across no other matter8 in connectlon wlh the ex8mln811on lo wttlch attenuon Should be drawn In thi8 report In order lo enable a propef unt1erstsndlng of the accounts lo bo reached, Slgned.. Geoffrey Cox BA FCA Ilnstilule of Chartered Accountants In England and Wal88) Dafferns Audit Limited One Ea5fv400d arry Weston Road Binley Bu$ino$3 P•rk Coventry CV3 2UB Dated. io Ao P8ge11
NMC MIDL4NDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE STATEMENT OF FINANCIAL ACTIVITIES {Includlng Income and Expendlture Accounti forthe year gndgd 31 July 2024 Total 2024 Total 2023 Note• Unrestrlcted Re8trlctèd INCOME FROM.. Voluntary Income: Donations and legades 126,587 103.166 229,753 280,535 ¢h•rltsbl• Actlvltle• Service$ provided 245,032 245,032 161,898 Investment Incomg 17,384 17,384 3,151 Total Incom• 389,003 103,166 492.189 445.584 EXPENDITURE ON.. R•l¥lng funds 3,358 5.995 9,353 14,012 Ch•rlt•bl• actlvltla• 377.878 141,468 519,346 428.052 Total •xp•ndltur• 381,236 147,463 528,699 442,064 N•t Incomo lor th• p•rlod befor• tran•f•r• 7,787 {44.297} 138,5301 3,520 Transfer bets¥e¢n funds Net mov•m8nt In fund8 7,767 144,2971 136,5301 3,520 Reconclllatlon of funds Total fiJnd5 brought forward 377,864 89,827 447,491 443,971 Totsl fijnds carried forward 15 385,631 25.330 410,961 447,491 l income and expendllure d8flVo from continuirvJ ath'vitsgs. The Slalemenl of Financial Activlties include8 all gains and Ios8e8 recognised durfng the year. The notos on pages 14 to 23 fomi part of these financlal slalemenls Page 12
NMC MIDLANDS {A COMPANY LIMITED BY GUARANTEE TIA MUSCULAR DYSTROPHY SUPPORT CENTRE BALANCE SHEET Registered No. 08132198 31 Juty 2024 2024 2023 Notss FIXED ASSETS Tangible assets 10 11,350 15,135 CURRENT ASSETS Debtors Cash al bank and in hand 11 35.987 390,952 88.710 371,286 426,919 4Sg,996 LIABILITIES Creditors falling due within one year 12 127,3081 127,6401 NET CURRENT ASSETS 399,611 432,356 NET ASS8 410,961 447,491 FUNDS OF THE CHARITY Unrestn'cted fund Re8trtcted funds 385,631 25,330 377,884 69,827 18 TOTAL cPrARI FUNDS 15 410,961 447.491 These flnanclal 8lalamen18 have been prepared In awdanGe th the prov181on8 applicable to companies suty'ect lo the small ¢ompgnies' rogime. For the year ended 31 July 2024. the Company was enlllled to exempllon Irorn audh under secllon 477 of the Companies Act 2006 relating to Small companie8. DIreGtorBrUSIa8$ responsibilities.. The members have not required the Company lo obtaln an audlt of its accounts for the year in qug$b'on in accordance with section 476.. and The Directors acknoyledge their responsibilitses for complying with the requirements of the Act th r88pect lo accounllng records 8nd the preparallon of accounts. Th8 flnancial stslaments were approved and authorised for168ue by the Board.. ON BEPIALF OF TrIE BOARD.. Mr M Fleld Directorrrru$tee Date.. 5 April 2025 The notes on page8 14 10 23 form part of these flnandal statements. Page 13
NMC MIDLANDS (A COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENf8 for tho yt•r ènded 31 July 2024 ACCOUNTING POLICIES Genernl Infomiatlon and basls of preparatlon NMC Midlands is an incorporated Charty in England and Wales. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. The address of the gistered office 1$ given in the Charity Information on page 1 of these financial slalements. The naluTe of the Charity's operations and principal 8Ctlvltles 8re lo relieve siGkn¢ss and promote health for those ffecled by muscular dystrophy and rèlated neuromuscular condth'ons by providing Of assisting in th¢ provi&on of facilities and services and by such other means as are exdusively chartsble aceording to the laws of England and Wales as the Trustees Tnay from lim&lcFtlme detemine. The Ch8nty conslilu188 8 publlc benefit entity 88 defined by FRS 102. The financlal Btalements h8ve been prepared in accordance with AG¢ounling and Reportlng by Charlties.. Slalement of Recommended Practice 8ppIIc8ble lo charitsos preparing their accounts in accordaneè wblh the Financial Reporting Standard applicable in the UK and Republi¢ ol Irèland issued in October 2019, the Financial Reporting Standard applicable In the United Kingdom and Republic ol Ireland IFRS 1021. th8 Charllles Act 2011, the ComPanS Act 2006 and UK Generally A¢ceplod Practic8. The financpl 81atements are prepared on a going concem ba818 under the historical co81 convention. modified lo Includ¢ eertain items al fair value. Th8 financial statements are preyenled in Pound Sterfing which is Ihg functional currency of the Charity and gre rounded lo the neares1 £1. The $ignilicant accounting policies applied in the preparallon of these financial slalemen18 are sel out below. These poli¢ie8 have been consislenlly applied lo all year8 pre8enled unles5 olherwi8e 8tated, Funds Unrestricted funds are 8vall8ble for use al the discr¢li¢)n of the Tfuslees in furthèrance of the general objectives of the Charity and which have not been designated for other purpo808. Restricted funds are fund8 whlch are lo be uged In accordance wlh specific restrfetSon8 Imp08ed by donors or whlch have f>een f8i80d by the Charity for particular purpose$. The eosl of raising 8nd administerfng Such funds are charged against the specific fund. The aim and use of e4¢h r88tricted fund Is sel OLrt in the notès to the financial slalemenl3. Endowment fund8 are 8ubjecl to specffic conditions by donor8 that the caprtal musl bo maintalned by the Char In¢om• r•cognltlon All incoming reyources are Included in the Slalemenl of Flnancial Activities ISOFAI when the Charity is legally entitled to the income after any perforniance conditions have been mel, the amount can be measured rellably, and it is probable that the income will be received. For donations lo be COgniSed the Charity wlll have been notified of the amounts and the 8elllemenl date in writing. If there a condrtions attached to the dcnalion and this requires a level of perforMar before entitlement can be obtained, Ihen incomo is deferred until those conditions are fully mel or the fulfilment of those conditions 18 within the control of the Charity, ar il is probable that they will be fUlled. Cash dctionS are recognised upon receipt. Income lax recoverable in relation lo donations received under grft aid or deeds of covenant is recognised at the ts'me of the donation. Legacies are recognised on feceipl or otherwise if th8 Charity has bgen notifigd of impendiThJ dislribukn'on, the 8mounl is known. and receipt is expected. If the amount is not known, th8 legacy is treated as a contingent asset. Page 14
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE} TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS {contlnued for the year &nded 31 July 2024 ACCOUNTING POUCIES Icontlnuod} In¢ome recognltlon Icontlnued} No amount is included In the financial st81emenls lor volunteer time in line wilh the SORP IFRS 1021. Further detail Is given in the notes lo the financial statements. Item$ donated for resalo arts included in IradiNJ income when sold and no value Is placed on 81ock 81 the year end. Income from tradlng 8ctlvllles Include8 Income eamed from fvndr8ising even18 and trading actlvitles to raise funds for the Charity. Income is received in exchange for supplying goods and seNi¢es in order to roi5e fvnd$ and 1$ recognised when ¢nlitlement h8¥ gccurred. Where Incorne Is received In aaance of 8 performance or other specifiod service il is deferred unul the Charity Is enlilled lo that income. Expondlturn r•cognltlon l expendrture is accounted for on 8n accruals basis and ha8 been classified under headings that aggregate all costs related lo the category. Expenditure is recognised where there is a legol or constructive obligation lo make payments lo third parties, it is prabable that the Settlement wlll be required. 8nd tho amount of the oblig81ion can be maa8ured reliably. It Is calegorised under the followlng headlngs". Expendltum on charitablé activit$ Inell85 the direct cost of staff, premi3 and other operating cost8,' and Other expenditure represents those Item8 not falllng Into the category above. Irrecoverabl8 VAT18 charged 88 an expense a98in8t the activity ft)r which eyFendilure ar08e. Tax The Charlty Is an exempl Charity wlhin the meaning of schedule 3 of the Charilles Act 2011 and 58 considered to p888 the lesls set out In Paragraph 1 Schedule 6 Finance Act 2010 and therefore It meets the definition of a Charitable Company lor UK corwralion tax purposes, Employoe benellt8 The cost of any unused holiday enlitlemenl Is recogni8ed in the perlod in whlch the employee's services are received. Teminalion benefits are recognised immediately as an expense In the St8lement of Fln8ndal Activlle8 en the Charity is demonstrabty commilled to lermin8le th• 8mpl¢ym•nl ¢f an omployee or to provide terminabon bengfils. Retlrement beneflts Payments to defined contribution retirement benefit schemes are charged 88 an expense lo the Statement of Financial Activith88 as they fall due. Tangible fixed assets Tangible fixed assets are stated al cost lor deemed costl or valuation less accumulated depreciation and auMUlated impairment losses. Cost includes Gosts diredy attributable to making the asset capable of operating as intended. Page 15
NMC MIDLANDS {A COMPANY LIMITEO BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl for the year ended 31 July 2024 ACCOUNTING POLICIES Icontinuèdl Tanglblg fixed assets Icontlnugd) Operational assets costing less than £10,000 are written off in full through the Stslemenl of Financial Activrties in the year of purchase. Depreciation is provided on all other tangible fixed assets, at rates calculated to write off the cost, less e$tim#led r8$idual value, of each a8sel on a syslematlc ba818 over ils expected useful life as follows.. Fixiures, fittings & equipment Computer equiprnenl 5 years straight line 1 3 yèars slraighl line At each reporting end data, the Charlty reviews the Carrying amounts of lang1b assets to determlne whether there 18 any indication that th1 asse15 have suffered an impaimenl 108$. 11 any such indleatbon exi81s, the recoverable amount of the a8sel Is esllmaled in order lo dglerming th8 extent of the ilnpairmenl loss Ilf anyi. Debtord and credltor• recelvable I pay•ble wlthln one year Debtor8 and credblors wth no Slated interest r81e and recelvable or payable wilhln one y8ar are recorded 8t Iran$a¢tion price. Any 105$9$ ari$ing from imp8imenl are recognl8ed as an expense in the Statement of Financlal Actlvthes. Rentals payabl6 under op8raling 188ses. Includin9 any lea8e incenUv88 received, are charged lo the Statement of Financial Activitie8 on a slraight-llne ba818 over the term of the relevant lease. Golng concern The financial slatèm8nt8 have bèen prepared on a golng concern basi8 as the Trustee8 believe that no matèrial uncèrtainlieg èxist. The Tru8lee8 have eonsldered the level of funds held and the expected level of ncome and expendlture for 12 months from Huthonsing these fin8nclal slalemenls. The budgeted incom8 ond èxpenditure are sufficient wlth the level of reserves for the Charity lo be al0 to continue as a going nc8m. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the applicallon of the Charity's accounting policigs. the Trustegs are required lo make judgement8. estimates and assumptions about the carrying amount of assgt5 and liabilities that are not readily apparent from other sources. The eslimales and associated 8ssumplions are based on historical experience and other factors that are considered to be relevant, Actual results may differ from the88 estimates. The estimala$ and underfying assumptOon8 are reviewed on an ongoing basi8. Revisions lo accounting eslirnates are recognised in the pgri¢)d in which Ihg e5b.mate is revised where the revision affects only that period, or in the period of the reviSlDn and future periods where the revision affed5 both ¢urr¢nt and future periods. Pag8 16
NMC MIDLANDS (A COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS Icontlnued} for the year ended 31 July 2024 VOLUNTARY INCOME Unrestrlclgd Rgstrfcted Funds Funds Total 2024 Total 2023 DOnaOn8 and gits Grants and trusts Other Fundraising events 27.153 89.820 155 29,459 27,153 172,986 155 29,459 25,777 229,508 103,166 24,764 126,587 103.1e8 229,753 280,535 SeThlce u8ers sometlmes donate good¥ th8t are di¥playe(l in the Centre and sold for 8 small donation. The total sales proceeds are included wllhln 'Oihef voluntary Income. CHARITABLE ACTIVITIES 2024 2023 Services provided InCI11ng under contracr Ch9ritable rental Income Servi¢x user donation8 S810 of physio sundiies Cornplementary therap¥ Aquatic therapy 234.222 2,587 4,852 301 2,100 970 153.395 885 5,289 129 2.200 245,032 161.898 ' Swi¢e Level Agreement I'SL4'1 or other arrangement. INVESTMENT INGOME 2024 2023 Inter681 r&•Ned 17,384 3,151 17,384 3,151 RAISING FUNDS Vnr¢strl¢tod Funds R¢strfct¢d Funds Total 2024 Total 2023 Other charitsble activitle8 3,358 5.995 9,353 14.012 3,358 S,99S 9.353 14,012 Page 17
NMC MIDLANDS {A COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPHY SUPPORT CE14TRE NOTES TO THE FINANCIAL STATEMENTS Icontlnued} for the year ended 31 July 2024 CHARITABLE ACTIVITIES Unrestrlcted Funds Rostrlctod Funds Total 2024 Total 2023 Staff costs Depreciation and impaifment IProfilllL06$ on disposal Rent Insurance Postage, stationery & Idephone Computer & IT Sundry $xp¢n$e$ Travelling expenses Repairs and maintenance Subscriptions AccountBncy Light and heal Profes8lonal fees and 59rvice8 Consultancy f008 8ank thafges 292,605 4,780 12.0331 25,189 449 2,387 9,584 9,920 2,148 3,324 570 7,434 71,837 3.784 364.442 8,564 12,0331 70,174 9,021 2,387 10,314 13,604 2,220 3.480 570 7,434 7,792 14,237 6,310 B50 282,244 28,763 45.005 8,572 44,093 10,881 2,474 9,807 5,118 1,936 3,990 730 3,884 72 136 5,040 7,578 17,779 7,707 478 5,728 14,237 4,390 850 1,920 377,878 141,468 519,348 428,052 DIRECTOR8 1 TRUSTEES REMUNERATION R Hereford r¢¢eived r6munerallon durlng the year 01 £2,04012023'. £2,295). J Field Tecwved romun¢ralion for provlslon of therapies of £2,25012023.' £5401. 3 Trustees 12023.. nil) were relmbur38d £2,057 of charKable expenditure and travel •xpons•s12023.. £nlll. STAFF COSTS 2024 2023 Wages and salari88 Fundraising salaries and costs Pension contributions Social securty Thgrapists other support 8ervt&s other costs 198,598 46,284 5,253 11,207 93,018 9,114 158,276 32,625 3.814 15.667 69.558 2,243 61 364.442 282,244 Page 18
NMC MIDLANDS {A COMPANY LIMITED B Y GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS Iconllnuedl for the year ended 31 July 2024 2024 2023 Av•rag• nUMr ofstsff Philanthropy and furKJr8olng Administration Management Clinical 11 10 Full time gquivalent No employee received remuneration of £60,000 or fflore in this finandal yeAr or the precedlng yasr. Volunts•r4'. 2024 33 2023 27 Clinlcgl and admln18tr8b.on 33 27 10. FIXEO A8SErs Flxiufe8. Flttlnp & Equlpmènt Computor equlpmont Total Co•t At 1 Aug 2023 Addrtion8 Dlsposa 101,907 3,671 12,0331 8,878 1.108 110,783 4,779 12,0331 At 31 July 2024 103,545 9,984 113,529 Doprnclatlon & Impalnnont Al 1 Aug 2023 Charge for year 0pOSal8 86,772 7,456 12,0331 8,878 1,108 95,648 8,564 12,0331 At 31 July 2024 92,195 9,984 102,179 Mgt Book Value Al 31 July 2024 11,350 11,350 At 31 July 2023 15,135 15,135 Page 19
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR OYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS Icontlnuod) for the year ended 31 July 2024 11. DEBTORS 2024 2023 Trade debtoro Other debtors Prepayments and accrued irwme 33,186 1,880 921 83,069 3,921 1,720 35.967 88,710 12. CREDITORS FALLING DUE WITHIN ONE YEAR 2024 2023 Tr8de credltor8 Accrual$ and deferred Income Other creditor¥ 6,193 19,767 1,348 1,600 19,942 6.098 27,308 27.640 13. ULTIMATE CONTROLLING PARTY The Charity is under the control of rts B¢)ard of DSreclor&rrru81ee8. 14. RELATED PAR TRAMSACTIQNS There were no related party tran88cilon$ lor the year ended 31 July 202412023.. nil) othèr than those disclosed In note 8. ANALYSIS OF NET ASSETS BETWEEN FUNDS Cufr•nt y••r Flxed A••ots Currnnt Current Llabllltles Totsl Restricted Funds Unreslricied Incomg Fund 11,350 13,980 412,939 25,330 385,631 {27,308) 11,350 426.919 127,308) 410,961 Prior year Flxed Assets Current Assots Current Llabllltles Total Restricled Funds Unrestricted Income Fund 15,134 54,493 405,5t14 69,627 377,864 127,640) 15,134 459.997 127,640) 447,491 Unrestricted funds are available for use at the discretion of the Trustees in fiJrther8nce of the general objectives of the Charity and which have not been designated for other purpose8. Restricted funds are funds which arg to be used in aGcordance with specific restrictions irnposed by donors or which have been raised by th8 Charity for particular purposes. The cost of raising and administering such funds are charged against the speclfic fund. The aim and use of each restricted fund is sel Dut in the notes lo the financial slalemenl5. Page 20
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEEI TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS Icontlnuod) for the year ended 31 July 2024 16. FUND RECONCILIATION - RESTRICTED FUNDS Current year Balance at 1 August 2023 Balanco at Tranlfern 31 July 2024 Income Expèndlturn Current A88ets The National Lottery Communty FurKI -TA Garfield Weston Foundation Blmlngham Voluntary Service Council IBVSCI 1,018 SHIRE Communrty Grant 2,500 February Foundation Ev880n Ch8rilatrAe Tru81 Leamington Sp8 Community Fund Leicestershire & Rulland Communty Foundation Michad Gu88t Charitable Foundation Other restricted fundlng Other reslncted projects 22,325 31.012 153,3371 27,851 127,8511 204 11.2221 12,5001 15,0001 111,CQOI 5,000 15,000 4,000 2,000 17201 1,280 3,000 13.0001 5,000 41,950 15,0001 133,5491 15001 299 500 8.700 54,493 103,166 1143,6791 13.980 Flx•d As8•ts NBV Restricted fund a88ets 15,134 13.7841 11,350 69,627 103,166 1147,4831 25.330 The NaOnal Lottery Communty Fund - £31,012 in grant8 wa¥ recgivgd in 202&24 from the Re8ching Communib'es pro3rarnme as parual fundlng for ypecific athitie8 relabng lo the delN8ry of our 5 year Transformlng Access to Therapies ITAThI project. Tha Eveson Charitable Trust provKlgd mon5 towards the provision of therapies for people wrth MD in tho West Midlands, Worcestershire and Herefordshire, Blmilngham Vduntsry Service Council {8vscI provided mcfiies toward8 the development of r onllne activiUes 10 8UPPOrt Blmiingham-based 88ryice user8. FetrKuary Foundation Bimingham. £S,OCQ grant to support growth in the Charrtls therapy hours ill Leaminglon Spa Community Fund - £2,000 to support provison of thorapies to Leamington Spa residents. LeeStershire & Rulland Community Foundation £3,000 of fvnding for physiotherapy and physical therapy sessions for Lester$hire County residents. Michael Gugst Chartsble FOundatn - £5,0¢)O for therapy ¥gssions for people WI MD al Ihg Daventy $8tellile. Page 21
NMC MIDLANDS IA COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPHY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS IcontSnu¢dl for the year ended 31 July 2024 Olher restred frJnding - The Charity recewes fijnds from 9rant-makef8 to SUPPDrt various aSts of the Charlty's work including the provision of therapies for service users who live in specific areas or are of a particular demographic group. or for the provision of specific ther8pies. These have not been detailed in full here, howovor the TnJslees wish to acknowledge that these are vrtal conlribulions and vriihtsjl such SUPPLTrt the Charity would not be able lo seNe thè numbtsr of service usefs it 1$ OtheiSe able. Other restricted wojects rel¥le to fundlng feceived from grant gN8rs In prtor years for vthlch pr*ct8 or purchases were made in th18 ye8r. NBV Re8lricted fund assets fund relatos lo funding recewed towards the inits'31 purchase of dinical equipm¢nl,' these funds are tseing released lo m81ch the depreciatr'on charge over th& esbmated useful life of these a88els. Prlor year Balanc• at 1 August 2022 Balance at Trnnsfern 31 July 2023 Income Expendlture Currant Assfrts The Nallonal Lottery Community Fund - TATT The Nation41 Lottery Community Fund - COVID Emerger Heart ol England Community Fund - Main FuTra Heart of England Communty Fund Coventry Building Posleode Communty Trust Garfield Weston Foundation 22,497 Eveson Charitable Trust 15,000 Sylvia Waddllove Foundation ScrewThx Foundation Award8 for All {NLCFI James Tudor Foundati February Fountjation Birmingham Voluntary serVe Council IBVSCI SHIRE C¢Jnrnunity Grant Other reslricied funding Other $tricted projects 47,092 55,352 180,119) 22,325 1,534 11.5341 16,872 {16,8721 8,642 15,2041 11,4381 2,857 12.8571 30,frJO 124,6461 {15.0001 27,851 3,000 5,000 9,950 9,538 5,000 12,8e4) 11,000) 11,9901 19,5381 {5,0001 11361 14,0001 17,960 1.834 2,500 57.384 18161 1,018 2,51)0 299 500 5,732 500 161,217} 11.600} 118,726 179,558 1228,8571 {15,1341 54,493 FSxed Assets NBV Restricted lund assets 2,343 12,3431 15,134 15.134 121,069 179,558 1231,0001 69,627 Page 22
NMC MIDLANDS (A COMPANY LIMITED BY GUARANTEE) TIA MUSCULAR DYSTROPPIY SUPPORT CENTRE NOTES TO THE FINANCIAL STATEMENTS Icontlnued) for the year ended 31 July 2024 18. OPERATING LEASES Total fulure mlnlmum lease payments under non-eancellable operatlng leases are 88 follows.. 2024 2023 Not lalar than one year Later than one and later than five years Later than five years 37,975 151.900 120,254 37.975 151,900 158,229 Net cash flow from operating actlvitie8 310.129 348,104 Operating lease expenditure recognised In the year was £36,07812023.' £33,070). 19. PENSIONS AND OTHER POST41ETIREMENT BENEFITS The Charity operates a dgfined contribution pension plan for 118 employees through the Govemmgnl's NEST scheme. The amount recognised as an expense in the Stalgmgnl of Flnandal Actlvilles In the perlod wa5 £5,253 {2023, £3,814>. The defingd contribution Ilability 18 allated to unrestricted funds. Page 23