## **NeuroActiveUK**
Company Limited by Guarantee
Trustees Report and Financial Statements for Year to 31st March 2024
Charitiy Number: 1183238 Company Registration Number: 09500084
## **NeuroActiveUK**
## **Contents**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees Report|2|
|Independent Examiner’s Report|3|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|8|
## **NeuroActiveUK**
## **Reference and Administrative details Year to 31st March 2024**
|**Trustees and Directors:**|G Mitchell|Appointed|19/03/2015|
|---|---|---|---|
||D Mitchell|Appointed|01/04/2018|
||A Purdy|Appointed|01/04/2018|
||C Johnson|Appointed|20/02/2019|
||B Wilkinson|Appointed|20/02/2019|
||V Madden|Appointed|01/04/2020|
||P Gustard|Appointed|01/04/2020|
||A Draper|Appointed|29/09/2021|
|**Registration numbers:**|Charity|1183238||
||Company|9500084||
|**Registered Office and**|Ouston Community Centre|||
|**Operational Address:**|Iris Crescent|||
||Ouston|||
||Chester Ie Street|||
||DH2 1RJ|||
|**Independent Examiner:**|G. D. O’Hehir & Co Ltd|||
||Chartered Certified Accountants|||
||Barnfield Road|||
||Spennymoor|||
||Durham|||
||DL16 6EA|||
|**Bankers:**|Barclays Bank PLC|||
||215 High Street|||
||Gateshead|||
||NE8 1BX|||
Page 1
## **NeuroActiveUK**
## **TRUSTEE REPORT**
Our Trustees are – Pamela Gustard Brett Wilkinson Clair Johnston Vanessa Madden A Draper
Welcome to our 2024 AGM Since the last AGM we have continued to grow. 3rd year hosting Sunderland Uni contracted for another year. 2nd year Medical Students Northumbria Uni physio placements Northumbria Emotional Support Prog We added reflexology Relaxation group Arts and Crafts
Many fundraising events have taken place this year: Climbing wall Adaptive Surfing Coast to Coast bike ride, Clients family Raffles, Client’s sales and much, much more. Neurofest 5k Derwent run
This funding has enabled NAUK to deliver the following outside activities: Adaptive surfing Climbing wall Sky Dive Birthday Fundraiser Xmas & Easter raffle Triathlon Client Donations and fundraising Wet Wheels
Placements and Work experience: Medical Students x 6 Placements from Northumbria Emotional support program
Therapies New: Counselling, Reflex 10, Equipment Donated Money & Bike Bought £3,500 sit to stand
Page 2
## **NeuroActiveUK**
## **Independent Examiner's Report Year to 31st March 2024**
## **Independent examiners report to the trustees of NeuroActive UK**
I report of the financial statements of the charity for the year 1st April 2023 to 31st March 2024, which are set out on the pages 5 to 13.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that act. My work has beam undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees, as a body, for my work or for this report.
## **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 charity's trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.
It is my responsibility to:
1. Examine the accounts under section 145 of the Charities Act
2. Follow procedures laid down in the general directions given by the Charities Commission under section 145 (5) (b) of the Charities Act
3. State whether particular matters have come to my attention
## **Basis of independent examiners report**
My examination was carried out in accordance with 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 represented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning those 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 represent a "true and fair" view and the report is limited to those matters set out in the statement below.
Page 3
## **NeuroActiveUK**
## **Independent Examiner's Report (continued) Year to 31st March 2024**
Independent examiners report to the trustees of NeuroActive UK
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:
the accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts did not accord with the such records; or
the accounts did not comply with the applicable requirements under section 396 of the Companies Act 2006 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
the accounts have not been prepared in accordance with the Charities SORP (FRS 102)
I 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 should be reached.
Signed
02/10/2024 Dated
G. D. O’Hehir & Co Ltd Chartered Certified Accountants Barnfield Road Spennymoor Durham DL16 6EA
Page 4
## **NeuroActiveUk**
## **Statement of Financial Activities (Incorporating income and expenditure account) Year to 31st March 2024**
|**Note**
Income from:
Donations
**2**
Support
Services
**3**
**Total Income**
**4**
**5**
Total funds brought forward
**Total funds at 31st March 2024**
Expenditure on:
Fundraising Activities
Support Services
**Total Expenditure**
Net Incoming Resources|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
**2024**
**2024**
**2024**
800
800
160,394 - 160,394
**161,194 - 161,194**
- - -
139,638 - 139,638
**139,638**
**- 139,638**
21,556 - 21,556
11,862 5,500 17,362
**33,418 5,500 38,918**|
|---|---|
The notes on pages 8 to 13 form part of these financial statements
Page 5
**NeuroActiveUk Balance Sheet As at 31st March 2024**
|**Note**
**8**
**9**
**10**
**10**
**Total Funds**
Net current assets
**Net Assets**
Charity Funds:
Restricted Funds
Unrestricted Funds
Current Assets
Debtors
within 1 year
Creditors: amounts falling due
Cash at bank and in hand|**31st March 2024**
**£**
-
39,366
39,366
449|**£**
38,917|**31st March 2023**
**£**
**£**
2,740
15,071
17,811
449
17,362
**17,362**
6,040
11,322
**17,362**|
|---|---|---|---|
|||**38,917**
6,040
32,877
**38,917**||
Page 6
**NeuroActiveUK Balance Sheet (continued) As at 31st March 2024**
The company was entitled to exemption from audit under s477 of the Companies House 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 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Approved by the Board of Directors and Trustees on 02/10/2024 and signed by on their behalf by:
Mrs D Mitchell Date: 02/10/2024 Trustee and Company Director
Page 7
**NeuroActiveUK Notes to the financial statements As at 31st March 2024**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been consistently applied.
## **a) Basis of preparation of financial statements**
The financial statements have been prepared under historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities (SORP 2015)" applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), effective 1 January 2015; and the Companies Act 2006 and the Charities Act 2011.
## **b) Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity and which have not been designed for any other purposes.
Designated funds are general funds which have been set aside by the trustees for a specific purpose.
Restricted funds are funds which are to be used in the accordance with specific restrictions imposed by donors or which have been raised for the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **c) Incoming resources**
All incoming resources are included in the statement of financial activities when the charity has entitlement of the funds, certainty of receipt and the amount can be measured with sufficient reliability. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
Gifts in kinds are included in the statement of financial activities at a reasonable estimate of their value at the time they are utilised by the charity, with the equivalent amount being recognised as charitable expenditure. No amounts are included in the financial statements for services donated by volunteers.
Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost of quantifiable and measurable. No income is recognised where there is now financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deed of covenant is recognised at the time of donation.
## d) Resources expended
Expenditure is recognised on an accrual basis and has been included under expense categories that aggregate! all costs for allocation to activities. Where costs can not be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Page 8
## **NeuroActiveUK**
## **1. Accounting policies (continued)**
Support costs are those costs incurred directly in the support of expenditure on the objects of the charity. They include governance costs, which are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.
All resources expended ai e inclusive of irrecoverable VAT.
## b) Going concern basis
The financial statements have been prepared on a going concern basis. The trustees consider this to be appropriate as they project the level of donations and trading activities to be sufficient to exceed operating costs.
|**2. Donations**
Donations
Grants Receivable
Job Retention Scheme
Interest|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
-
-
-
800
-
800
-
-
-
89
-
89
**889**
**-**
**889**|
|---|---|
All income from donations related to unrestricted funds.
|**3. Other trading activities**
Meals on Wheels Service
Day Unit Support|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
23,456
-
23,456
136,849
-
136,849
**160,306**
**-**
**160,306**|
|---|---|
All income from support related services related to unrestricted funds.
|**4. Expenditure on raising funds**
Fundraising events|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
-
-
-
-
-
-|
|---|---|
All expenditure for fundraising events related to unrestricted funds.
Page 9
## **NeuroActiveUK**
## **Notes to the financial statements As at 31st March 2024**
## **5. Analysis of resources expended by activities**
|**Support**
**Direct Costs**
**Costs**
**2024**
**2024**
**£**
**£**
Provision of charitable activities
82,870
56,768
82,870
56,768
All expenditure on charitable activities related to unrestricted funds.
**6. Support Costs**
**Total funds**
**Note**
**2024**
**£**
Wages and salaries
**7**
26,472
Premises Costs
22,830
Office running costs
4,420
Accountancy
1,597
Travel
1,450
Staff Training
-
56,768
**7. Staff costs**
**Total funds**
**2024**
**£**
Wages and Salaries
26,472
Employers Pension
-
Social Security costs
-
26,472
The average monthly number of employees during the period was:
**2024**
Support
3
No employee received remuneration in excess of £10,000|**Total**
**funds**
**2024**
**£**
139,638
139,638
**Total funds**
**2023**
**£**
23,318
17,261
3,861
1,597
968
-
47,005
**Total funds**
**2023**
**£**
22,908
-
-
22,908
**2023**
3|
|---|---|
Page 10
## **NeuroActiveUK**
## **Notes to the financial statements As at 31st March 2024**
|**8. Debtors**
Trade Debtors
**9. Creditors**
Amounts falling due within 1 year
Trade creditors
Other taxation and social security
Accruals
Loans from directors|**31st March**
**2024**
**£**
-
-
**31st March**
**2024**
**£**
49
-
400
-
449|**31st March**
**2023**
**£**
2,740
2,740
**31st March**
**2023**
**£**
49
-
400
-
449|
|---|---|---|
## **10. Statement of funds**
|General funds
Restricted funds
M Hartburn
Total funds|**1st April**
**Incoming**
**Resources**
**31st March**
**2023**
**Transfers**
**Resources**
**Expended**
**2024**
£
£
£
£
£
11,322
-
-
-
11,321
5,500
-
-
-
5,500
540
-
-
-
540
**17,362**
**-**
**-**
**-**
**17,361**|
|---|---|
The M Hartburn fund has been set aside for future requests of support toward the costs of services for those unable to source external funding
## **11. Analysis of net assets between funds**
|Current Assets
Creditors due within 1 year|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
39,366
-
39,366
449
-
449
38,917
-
38,917|
|---|---|
Page 11