2024-05-31-accounts

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 1 June 2023 To 31 May 2024

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) Charity's principal address	NTSP Ltd	NTSP Ltd

	National Tracheostomy Safety Project
	1160824
	Acute Intensive Care Unit,
	Wythenshawe Hospital, Manchester University NHS FT
	Southmoor Rd, Wythenshawe, Manchester
	Postcode	M23 9LT

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Dr B McGrath	Chair	Since May31 2014
Dr L Bates	Secretary	Since May31 2014
Dr J Moore	Director	Since May31 2014
Dr D Atkinson	Treasurer	Since May31 2014

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year None

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Legal	Mrs Emma McGrath	12 Alcester Road, Sale, Manchester. M33 3QP
Financial	Mr Tim McInnes	34, Cumberland Drive, Bowdon, Altrincham. WA14 3QP
Paediatric	Dr Catherine Doherty	Department of Anaesthesia, RMCH, Oxford Rd, Manchester M13 9WL
SLT	Mrs Sarah Wallace	Dept of Speech, Swallowing & Voice, Wythenshawe Hospital, Southmoor Road, Manchester M23 9LT
Respiratory physiotherapy	Mrs Barbara Bonvento	Dept of Physiotherapy, Wythenshawe Hospital, Southmoor Road, Manchester M23 9LT

Name of chief executive or names of senior staff members (Optional information)

N/A

TAR

1 (TAR report version March 2012 – completed Feb 2024 )

Section B Structure, governance and management

Description of the charity’s trusts

Adopted Memorandum & Articles of Association, incorporated 29[th] May Type of governing document 2014 as amended by special resolution, dated 29[th] January 2015 (eg. trust deed, constitution) (following advice from the Charities Commission) as amended by special resolution registered at Companies House, dated 20[th] February 2015. Charitable company limited by guarantee How the charity is constituted

(eg. trust, association, company)

Trustee selection methods

Appointment by ordinary resolution by existing trustees

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Policies have been adopted that cover the standard operations and governance of an English-based SME business.

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

TAR

2 (TAR report version March 2012 – completed Feb 2024 )

Section C Objectives and activities

To advance the education of the public in general, and in particular amongst patients with tracheostomies and laryngectomies and those responsible for their care on the subject of tracheostomy and Summary of the objects of the laryngectomy safety in particular but not exclusively by the provision and charity set out in its development and facilitation of educational resources and courses. governing document The objects of the Charity were achieved through hosting and attending local, national and international conferences, meetings and training courses related to tracheostomy safety on behalf of the Company. These included: Developing new educational resources for the benefit of staff, patients and their families (e-learning, smartphone applications, publishing Comprehensive Tracheostomy Care and revising our video library of resources ) Revised eLearning for Healthcare modules with NHS England. Maintained a successful video library of 52 videos for patients, families and carers, disseminated through social media. The YouTube video channel received 430k views (7.1k watch hours, +1.0k subscribers) in this reporting period (1 Jun 2023 to 31 May 2024).

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Updated video resources to support children with tracheostomies accessing education during the pandemic. The results of our QI projects have been taken forward by NHS England as a National Patient Safety Improvement Program (NatPatSIP) ‘Safer Tracheostomy Care’ commencing April 2020 (to May 2021). A follow on report was commissioned by NHS England and completed by NIHR ARC-GM, link here: Estimating the potential benefits of a patient safety QI scheme on safer tracheostomy care introduced at scale in NHS Hospitals in England. The report estimated the impact of the NHSE NatPatSIP if it were scaled up to the 180 hospitals of NHSE. Based mostly on a reduction in length of stay, NHS E calculated a notional saving of £1.92 million per hospital (and there are 180 hospitals!).

We have opened our accounts up to annual inspection in line with our governing documents and the regulations of the Charities Commission. Reports are shared with the Directors at the AGM and available to the Commission and to the Public on request.

TAR

3 (TAR report version March 2012 – completed Feb 2024 )

NTSP Ltd has applied for Innovate UK funding (August 2022) to fund new developments in Virtual Reality tracheostomy education. We were successful and have completed a project that developed a stand-alone tracheostomy course in VR. This has led to 2 publications:

The road to net zero: incorporating VR technology to reduce the carbon footprint of medical training (BJA)
A Randomised Controlled Trial of Virtual Reality Courses for Adult Tracheostomy Safety Skills. (Anaesthesia Reports)

NTSP Ltd has successfully applied for the UKRI Design for Growth program, helping to prepare the structure of the charity and a business plan for an AI-enabled VR training offering.

We confirm that the Trustees of the Charity have exercised their duties for the public benefit as defined in Section 17(5) of the Charities Act and the Charities (Accounts and Reports) Regulations 2008. Our program for this reporting period was determined by consensus and designed to continue to deliver our Charitable Objectives for the public benefit. This guidance shall be reviewed annually in planning future activities of the Charity.

TAR

4 (TAR report version March 2012 – completed Feb 2024 )

Additional details of objectives and activities (Optional information)

Mrs Emma McGrath has been kindly volunteering her legal expertise to assist the directors in preparing the required reports and submissions to satisfy the regulations of the Charities Commission, Companies House and HMRC.

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

The NTSP has supported travel for working party members by administering travel bursaries. These have been funded by the grant programmes. Applications are considered by 2 or more directors, usually by email.

We received an un-solicited donation from the Adrian Swire Trust. We were invited to make an application for financial support to help the running of the charity, and we were successful in securing a £15k donation.

NTSP was unsuccessful in a Design award application, an SBRI SMART grant and an SBRI urgent care grant.

NTSP is actively exploring setting up the NTSP institute, to provide and accredit users undergoing our training. NTSP is also exploring a trading arm so that we can attract external investment in commercializing the VR training packages.

We have received £12,732 in donations via the website and should be able to claim up to £3,183 in Gift Aid (not all in this reporting period).

TAR

5 (TAR report version March 2012 – completed Feb 2024 )

Section D Achievements and performance

Summary of the main achievements of the charity during the year

NHS England and NHS Improvement National Patient Safety Improvement Program (NatPatSIP) Safer Tracheostomy Care rolled out nationally in response to rising tracheostomy rates during the coronavirus pandemic.

Developing new educational resources for the benefit of staff, patients and their families (e-learning, smartphone applications, publishing Comprehensive Tracheostomy Care and revising our video library of resources ).

Revised eLearning for Healthcare modules with NHS England. Lifetime views of our resources are at 2.64million. YouTube gets accessed about 35,000 time per month.

Written a report of the impact of the NatPatSIP with a grant from NHS England, working with the University of Manchester.

Continued to build a multidisciplinary team and expertise around tracheostomy care, including patients and their families in our steering groups and as co-applicants in grant applications.

NHS England agreed the role of National Tracheostomy Lead Clinician (to which our Chair was appointed).

Contributing a representative to the Global Tracheostomy Collaborative Board of Directors (Dr B McGrath)

Follow on from the Innovate UK grant will include company support and guidance to develop the VR offering into a commercial product, probably in collaboration with other companies.

TAR

6 (TAR report version March 2012 – completed Feb 2024 )

Section D Achievements and erformance p

TAR

7 (TAR report version March 2012 – completed Feb 2024 )

Section E Financial review

NTSP LTD is a company limited by guarantee and not having a share Brief statement of the capital (Company Registration Number: 09062489 (England and Wales)) charity’s policy on reserves NTSP LTD does not have a policy for reserves. Abbreviated (Unaudited) Financial Statements have been prepared and will be submitted to Companies House in accordance with Company Law. Period of accounts Start date: 1[st] June 2023 End date: 31 May 2024

These accounts detail:

Total assets (less current liabilities) at the start of the reporting period of £31,428.19 Total assets (less current liabilities) at the end of the reporting period of £44,256.24

This included £40,130.88 in the NTSP Ltd bank account on 31[st] May 2024.

Total income during the reporting period of £35,476.74 (Sponsorship, course fees, YouTube Ad revenue)

Total expenditure during the reporting period of £22,648.69 (Expenses associated with NTSP and GTC meetings and events, video film making, website development and admin)

Details of any funds materially in deficit

N/A

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);

Expenditure has supported directors, officers and representatives of NTSP Ltd in supporting our charitable objectives through education.

NTSP Ltd has submitted our financial affairs to independent external examination as per the guidelines of the Charities Commission, based on our turnover.

how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

TAR

8 (TAR report version March 2012 – completed Feb 2024 )

ee Section F Other optional information

Plans for 2025 & Next report:

Continue to work on NIHR i4i grant of approximately £1.2m to embark on a 3 year Programme to develop a novel device to assist patients with tracheostomies vocalise.

Redesign and evaluate trachy safety course into VR. Commence work on additional modules for paediatric, transitional and long-term ventilation training, in partnership with Sentira-XR (AI UoM spin Out) and ExR Education (delivery platform) and Atos medical (a medical device company).

ee Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Dr Dougal Atkinson Full name(s) Dr Brendan McGrath Position (eg Secretary, Chair Treasurer Chair, etc) ~~ee~~ Date 20/1/2025

TAR

9 (TAR report version March 2012 – completed Feb 2024 )

NTSP Ltd

Summary of accounts

Financial Year 1 June 2023 to 31 May 2024

Balance Sheet Report for NTSP Ltd

	31 May 2024	31 May 2024	31 May 2023	31 May 2023
Account	Asset	Liability	Asset	Liability
LONG-TERM ASSETS IT Equipment Long-term Assets (total) CURRENT ASSETS & LIABILITIES NTSP Ltd Bank account Balance on Customers Current Assets & Liabilities (total) Net current assets (liabilities) Total assets less current liabilities LONG-TERM LIABILITIES Long-term Liabilities (total) Total net assets (liabilities) CAPITAL & RESERVES Profit and loss Capital & Reserves (total) OPENING BALANCES Opening Balances Total assets	£4,125.36 £4,125.36 £40,130.88 £0.00 £40,130.88 £40,130.88 £44,256.24 £44,256.24 £44,256.24	£0.00 £0.00 £40,850.13 £40,850.13 £3,406.11 £44,256.24	£8,097.31 £8,097.31 £19,330.88 £4,000.00 £23,330.88 £23,330.88 £31,428.19 £31,428.19 £31,428.19	£0.00 £0.00 £28,022.08 £28,022.08 £3,406.11 £31,428.19

Prepared on 26 Feb 2025 at 19:27:57

Cash Flow Report for NTSP Ltd

Account	1 Jun 2023 to 31 May 2024	1 Jun 2023 to 31 May 2024	1 Jun 2022 to 31 May 2023
CASH FLOW FROM OPERATIONS Net Income Depreciation Decrease in Customers Balance Operations (total) CASH FLOW FROM INVESTING IT Equipment Investing (total) CASH FLOW FROM FINANCING Financing (total) Total Cash Flow Cash Balance At Start Total Cash Flow Cash Balance At End	£12,828.05 £4,087.00 £4,000.00 £20,915.05 (£115.05) (£115.05) £0.00 £20,800.00 £19,330.88 £20,800.00 £40,130.88		£8,630.28 £4,048.65 (£4,000.00) £8,678.93 (£12,145.96) (£12,145.96) £0.00 (£3,467.03) £22,797.91 (£3,467.03) £19,330.88

Prepared on 26 Feb 2025 at 19:27:08

Registered Number 09062489

NTSP LTD

Micro entity balance sheet summary as of 31[st] May 2023

|~~GG~~|2024
~~GG~~|2023
~~GG~~|2022
~~GG~~|2021
~~|~~
~~GG~~|2020
~~|~~| |---|---|---|---|---|---| ||£|£|£
~~GO~~|£
~~|~~
~~GO~~|£
~~|~~| |Fixed assets
~~eG~~|4,125
~~eG~~|8,097
~~eG~~|0
~~eG~~
~~GO~~|270
~~eG~~
~~GO~~|1,593
~~eG~~| |Current Assets
~~po~~|40,131
~~po~~
~~ee~~|15,234
~~po~~
~~ee~~|22,798
~~GO~~
~~po~~
~~ee~~|9,597
~~GO~~
~~po~~
~~ee~~|3,935
~~po~~| |Prepayments and accrued
income
~~ee~~|-
~~ee~~
~~ee~~
~~ee~~|-
~~ee~~
~~ee~~
~~ee~~|-
~~ee~~
~~ee~~
~~ee~~|-
~~ee~~
~~ee~~
~~ee~~|-
~~ee~~
~~ee~~| |Creditors: amounts falling due
within oneyear
~~ee~~|0
~~ee~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~
~~ee~~|0
~~ee ~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~| |Net current assets(liabilities)
~~po~~|40,131
~~ee~~
~~po~~
~~ee~~|15,234
~~ee~~
~~po~~
~~ee~~|22,798
~~ee ~~
~~po~~
~~ee~~|9,597
~~ee ~~
~~po~~
~~ee~~|3,935
~~ee~~
~~po~~| |Total assets less current
liabilities
~~po~~
~~ee~~
~~po~~|40,131
~~po~~
~~ee~~
~~ee~~
~~ee~~|23,331
~~po~~
~~ee~~
~~ee~~
~~ee~~|22,798
~~po~~
~~ee~~
~~ee~~
~~ee~~|9,867
~~po~~
~~ee~~
~~ee~~
~~ee~~|5,528
~~po~~
~~ee~~
~~ee~~| |Creditors: amounts falling due
after more than oneyear
~~ee~~
~~ee~~
~~po~~|0
~~ee~~
~~ee~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee ~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~
~~ee~~| |Provisions for liabilities
~~ee~~
~~po~~|0
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~|0
~~ee~~
~~ee~~| |Accruals and deferred income
~~po~~
~~po~~|0
~~ee ~~
~~po~~|0
~~ee~~
~~po~~|0
~~ee ~~
~~po~~|0
~~ee~~
~~po~~|0
~~ee~~
~~po~~| |~~po~~
~~po~~|~~po~~
~~po~~|~~po~~
~~po~~|~~po~~
~~po~~|~~po~~
~~po~~|~~po~~
~~po~~| |Total net assets(liabilities)
~~po~~|40,131
~~po~~|23,331
~~po~~|22,798
~~po~~|9,867
~~po~~|5,528
~~po~~| |Reserves|44,256|23,331|22,798|9,867|5,528|

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

• The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

• The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.

Approved by the Board on 20[th] January 2025 And signed on their behalf by:

B A McGrath, Director

NTSP Ltd Micro-entity Accounts. FY end May 31[st] , 2024

Profit and Loss Report for NTSP Ltd

	1 Jun 2023 to 31 May 2024	1 Jun 2023 to 31 May 2024	1 Jun 2022 to 31 May 2023	1 Jun 2022 to 31 May 2023
Account	Expense	Income	Expense	Income
SALES Fees income Total Revenue (Turnover) DIRECT EXPENSES Subcontractors Gross Profit / (Loss) INDIRECT EXPENSES Travel, subsistence Teaching equipment Depreciation Website / internet Course expenses Legal, professional Advertising Media / Design General admin Finance charges Indirect Expenses (total) Total Expenses Net Income	£714.31 £4,805.83 £4,561.00 £4,087.00 £3,860.34 £2,638.70 £911.54 £535.80 £474.11 £48.95 £11.11 £21,934.38 £22,648.69	£35,476.74 £35,476.74 £34,762.43 £12,828.05	£0.00 £694.90 £0.00 £4,048.65 £5,061.77 £454.44 £727.40 £1,500.00 £30,208.74 £35.00 £23.66 £42,754.56 £42,754.56	£51,384.84 £51,384.84 £51,384.84 £8,630.28

Prepared on 26 Feb 2025 at 19:20:27

Accounts by Category for NTSP Ltd Period from 1 Jun 2023 to 31 May 2024. Customers

Customers
Category	Account	B/F	Sale	Payment / Credit	Balance owed to you	Their Reference	Email Address	Invoice Address	Delivery Address	Payment Terms	Estimate Terms	Notes
Customers Customers Customers Customers Customers Customers Customers	Atos Medical Ltd Fisher & Paykel Ltd Google (YouTube Ad Revenue) Manchester University NHS FT (Research) Manchester University NHS FT ICU Research (Acute Block) Charitable Fund R803063 PayPal Account Transfer Swire Charitable Trust	£0.00 £0.00 £0.00 £0.00 £4,000.00 £0.00 £0.00	£4,050.00 £500.00 £583.59 £15,176.00 £0.00 £167.15 £15,000.00	£4,050.00 £500.00 £583.59 £15,176.00 £4,000.00 £167.15 £15,000.00	£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00

Prepared on 26 Feb 2025 at 20:17:23

Accounts by Category for NTSP Ltd

Period from 1 Jun 2023 to 31 May 2024. Expense Accounts

Category	Account	B/F	Debit	Credit	Balance	Notes
Direct expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses	Subcontractors Advertising Course expenses Depreciation Finance charges General admin Legal, professional Media / Design Teaching equipment Travel, subsistence Website / internet	£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00	£714.31 £535.80 £2,638.70 £4,087.00 £11.11 £48.95 £911.54 £474.11 £4,561.00 £4,805.83 £3,860.34	£714.31 £535.80 £2,638.70 £4,087.00 £11.11 £48.95 £911.54 £474.11 £4,561.00 £4,805.83 £3,860.34	£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00	teaching aids, dummies, dolls and equipment for demonstration

Prepared on 26 Feb 2025 at 20:15:00

Accounts by Category for NTSP Ltd

Period from 1 Jun 2023 to 31 May 2024.

Assets

Assets
Category	Account	B/F	Debit	Credit	Balance	Notes
Fixed assets	IT Equipment	£8,097.31	£115.05	£4,087.00	£4,125.36

Prepared on 26 Feb 2025 at 19:29:41

EXAMINER’S UNQUALIFIED REPORT

Independent examiner’s report to the trustees of ‘ NTSP Ltd’

I report on the accounts of the company for the year ended 31 May 2024 , which are set out on pages 1 to 4.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006 and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Tim McInnes

Name: Timothy Ian McInnes

Relevant professional qualification or body: Institute of Chartered Accountants in England and Wales

Address: 34 Cumberland Drive, Bowdon, Altrincham, Cheshire WA14 3QP

Date: Thursday 6[th] February 2025.

EXAMINER’S UNQUALIFIED REPORT

Independent examiner’s report to the trustees of ‘ NTSP Ltd’

I report on the accounts of the company for the year ended 31 May 2024 , which are set out on pages 1 to 4.

Respective responsibilities of trustees and examiner

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention

Basis of independent examiner’s report

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006 and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Tim McInnes

Name: Timothy Ian McInnes

Relevant professional qualification or body: Institute of Chartered Accountants in England and Wales

Address: 34 Cumberland Drive, Bowdon, Altrincham, Cheshire WA14 3QP

Date: Thursday 6[th] February 2025.

Profit and Loss Report for NTSP Ltd

	1 Jun 2023 to 31 May 2024	1 Jun 2023 to 31 May 2024	1 Jun 2022 to 31 May 2023	1 Jun 2022 to 31 May 2023
Account	Expense	Income	Expense	Income
SALES Fees income Total Revenue (Turnover) DIRECT EXPENSES Subcontractors Gross Profit / (Loss) INDIRECT EXPENSES Travel, subsistence Teaching equipment Depreciation Website / internet Course expenses Legal, professional Advertising Media / Design General admin Finance charges Indirect Expenses (total) Total Expenses Net Income	£714.31 £4,805.83 £4,561.00 £4,087.00 £3,860.34 £2,638.70 £911.54 £535.80 £474.11 £48.95 £11.11 £21,934.38 £22,648.69	£35,476.74 £35,476.74 £34,762.43 £12,828.05	£0.00 £694.90 £0.00 £4,048.65 £5,061.77 £454.44 £727.40 £1,500.00 £30,208.74 £35.00 £23.66 £42,754.56 £42,754.56	£51,384.84 £51,384.84 £51,384.84 £8,630.28

Prepared on 26 Feb 2025 at 19:20:27

Balance Sheet Report for NTSP Ltd

	31 May 2024	31 May 2024	31 May 2023	31 May 2023
Account	Asset	Liability	Asset	Liability
LONG-TERM ASSETS IT Equipment Long-term Assets (total) CURRENT ASSETS & LIABILITIES NTSP Ltd Bank account Balance on Customers Current Assets & Liabilities (total) Net current assets (liabilities) Total assets less current liabilities LONG-TERM LIABILITIES Long-term Liabilities (total) Total net assets (liabilities) CAPITAL & RESERVES Profit and loss Capital & Reserves (total) OPENING BALANCES Opening Balances Total assets	£4,125.36 £4,125.36 £40,130.88 £0.00 £40,130.88 £40,130.88 £44,256.24 £44,256.24 £44,256.24	£0.00 £0.00 £40,850.13 £40,850.13 £3,406.11 £44,256.24	£8,097.31 £8,097.31 £19,330.88 £4,000.00 £23,330.88 £23,330.88 £31,428.19 £31,428.19 £31,428.19	£0.00 £0.00 £28,022.08 £28,022.08 £3,406.11 £31,428.19

Prepared on 26 Feb 2025 at 19:27:57

Cash Flow Report for NTSP Ltd

Account	1 Jun 2023 to 31 May 2024	1 Jun 2023 to 31 May 2024	1 Jun 2022 to 31 May 2023
CASH FLOW FROM OPERATIONS Net Income Depreciation Decrease in Customers Balance Operations (total) CASH FLOW FROM INVESTING IT Equipment Investing (total) CASH FLOW FROM FINANCING Financing (total) Total Cash Flow Cash Balance At Start Total Cash Flow Cash Balance At End	£12,828.05 £4,087.00 £4,000.00 £20,915.05 (£115.05) (£115.05) £0.00 £20,800.00 £19,330.88 £20,800.00 £40,130.88		£8,630.28 £4,048.65 (£4,000.00) £8,678.93 (£12,145.96) (£12,145.96) £0.00 (£3,467.03) £22,797.91 (£3,467.03) £19,330.88

Prepared on 26 Feb 2025 at 19:27:08

Trustees' Annual Report for the period

Section A Reference and administration details

Names of the charity trustees who manage the charity

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Names and addresses of advisers (Optional information)

Name of chief executive or names of senior staff members (Optional information)

Additional governance issues (Optional information)

Section C Objectives and activities

Summary of the main achievements of the charity during the year

Section D Achievements and erformance p

Section E Financial review

Further financial review details (Optional information)

~~ee~~ Section F Other optional information

~~ee~~ Section G Declaration

NTSP Ltd

Summary of accounts

Financial Year 1 June 2023 to 31 May 2024

Cash Flow Report for NTSP Ltd

Profit and Loss Report for NTSP Ltd

Accounts by Category for NTSP Ltd Period from 1 Jun 2023 to 31 May 2024. Customers

Accounts by Category for NTSP Ltd

Accounts by Category for NTSP Ltd

Assets

EXAMINER’S UNQUALIFIED REPORT

Independent examiner’s report to the trustees of ‘ NTSP Ltd’

Respective responsibilities of trustees and examiner

Basis of independent examiner’s report

Independent examiner’s statement

Tim McInnes

EXAMINER’S UNQUALIFIED REPORT

Independent examiner’s report to the trustees of ‘ NTSP Ltd’

Respective responsibilities of trustees and examiner

Basis of independent examiner’s report

Independent examiner’s statement

Tim McInnes

Profit and Loss Report for NTSP Ltd

Cash Flow Report for NTSP Ltd

ee Section F Other optional information

ee Section G Declaration