HARROW MULTIPLE SCLEROSIS
THERAPY CKNTRE LIMITED
(A COTnpany limited by guaTantee)
RFPORT AND FINANCIAL ￿ATEmENTs
FOR THE YF.AR ENDED
31 DECEMBER 2021
Regbtered Company No
2215153
Registered Charity No
299525

HARROW IWLTIPLE SCLEROSIS THEIL4PY cElY￿lE iJMITED
Contents
Page
Report of the Trustees
The Covid-19 pandemic
Our purposes and activities
Our achi¢v¢m¢nts and perforniance
Financid review
Plans for periods
Reference and administraiiv¢ details
Struclur¢. governance and management
Trusiees. responsibiliti￿ in respect to th¢ financial sthtements
Indep¢Dd¢n¢ Examitier's Rep)rt *md Ststement
Fln*ncial statements
Statement of fin8n¢ial activities- (inc. inwme & ¢xl￿nditUre)
Balance sheet
Ststem¢nt of ¢ash flow
Notes to the financial stytements
10
12-20
Min*gement information
Detsiled ststemenl of financial activities

HARROW MULTIPLE SCLEROSIS THERAPY CENTrE LIMrrED
Report of the Trnstees for the yeAr ended 31 December 2021
The trustees present their annual directors, report together with the financial statements of the charity
for the year ending 3 1st December 2021 which are also prepared to meet the requirements for a
directors, report and accounts for Companies Acl pwposes.
The financial statements comply with the Charities Act 2011, the Companies Act 21X)6, the
Memoratidum and Articles of Association. and Accounting and RetM)rting by Charities.. Statrment
of Recommended Practice applicable io charities preparing their accoLmts in accordance with the
Financial Reporting Stsndard applithle in the UK Republic of Ireland (FRS 102) (effective
l January 2015).
Tbe Covid-19 pandemic
Centr¢ Closure
A meeting of the Trustees was held and again it was agreed that the Centre would close on 21
December 2020 and would not reopen until it was deemed safe to do so. This decision was taken in
order to prolect boih clients and staff. The majority of the staff has ken furloughed under the
Govemmeni scheme.
The Centre reopened for High dose Oxygen therdpy on l March 2021 and for physiotherdpy on 15
March 2021.
During 2021 the Centre received considerable financial support by way of the Govemment Job
Support Scheme (Furlough) and from The Nation81 Lottery Community Fund (Covid Community
Support Fund), d¢lails are given in the finan¢ial review note below.
Th¢ basis for the preparntion of the financial Stskments is set out tn no* l on page 12.
Our purw)ses *nd Activities
The principal object of the Charity is to offer therdPi&% to people with Multiple Sclerosis in order to
help manage th¢ symptoms of the dise￿.
AthieYemeDts alld perforniaDee
Clieni.service.f, advice and infnmaiion
The Charity's core treatments remain neuro-physiotherapy and oxygen treaimenl. Access lo these
service5 is freely available to all aff¢¢led by MS, subj¢¢l to tr¢athi¢nts and other s¢rvi¢¢ provisions
being suitabl¢ and beneficial to the 1ndividL￿1S concerned, and the charity'5 available resources.
Treatments are under ihe guidance of the Head of Phy5iotherapy Services, the day-I0-day
management of physiotherapy session5 is carried out by two Chartered Physiothernpists, supported
by a team of professionals. Our domiciliary service h&8 enabled members who were un&ble to come
to the Centre to b¢n¢fiL on a short-lern) basis. from treatment ai home. The number of physiotherapy
clients during the year w&$ 159 (2020- 160) and the number of physiotherapy treatments w&s 4.580
{2020- 3,462).
Our oxygen s¢rvi¢< run by the Deputy Centre Manger. deliverd 3,656 (2020- 2,353) trealments in
202110 a totsl of133 (2020- 139) clients.
During the year the Charity continued to ￿1 UFth expertise of professioT￿lS froTn a range of
organisations for help with such matters &s benefits advice, st￿la1151 MS services and rehabilitation.

HARROW MULTIPLE SCLEROSIS THERAPY CEThiE LIMITED
Report of the Trn8t¢e8 for the ye4r eDded 31 Deeember 2021 (eonrfnued)
Athievemellts and perforniallce (Colllinued)
Siaff Training apdDevelopment
Our physiotherapy staffs conlinue lo keep up io date with theiT professional skills, attending regular
study days with sthff from other members of MS National Therdpy C¢ntres. Oxygen therapy slaff
and volunteers also undergo regular training consislent with the Stsndards latd down by MS National
Therdpy Centres.
Membership
During the yearthere were a totsl of 243 (2020-224) member¥ of whom over half were active clients
who came in for treatment and the remainder were family m¢mb¢rs, carers and supporters of the
Charity and its work.
Members are required to pay an annual subscription of£30 atthe beginnin8 of each year. Membership
lapses if th¢ subscription is noi paid within 12 months.
Y(Jlwileers
The work of the Charity would not b¢ possible without the continuing help of our volunieers.
Particular thanks are due to the volunteer operator5 who helFtd with the oxy8en ¢hamber and to those
who helped manage our syslem of claiming Gift Aid and also the many members, friends And staff
who contributed to our income through sponsored fiuKlraisin8 events and gave time and expertise to
help us. The Trustees would like lo thank them all for their generosity and support.
FIDancial review
The Charity's income is derived from the followin8 main sources: donations, membership
subscriptions. legacie4 fundraising inwme from trusts and foundations and rnany other ￿ndraiSIng
activities.
Income on the General Fund incre&sed by £4.090 compared with 2020. Running costs incr¢as¢d by
£24,264 arising from certain costs b¢ing meet from a rcstricted grdnt in 2020 but in not 2021. '1'hi5
resulted in an overall surplus of £28,183 for the year (2020 surplus of: £60.067).
t)uring 2021 the Centre benefitt¢d from the Governmeni Job Support Scheme (Furlough) receiving
£31,557, this enabled staff to be retained.
Without ail this support the Centre would have suffered a significant fall in its reserves.
Inyestmentpowers andpollcy
The day-t￿daY fund8 nf the Charity are held in a CAF Bank C&sh Ac£04mt and an interesl-yielding
CAF Bank Gold Account. Under the CAF Bank's scheme of automatic transfers. whenever a payment
is required or income 18 rettived, money is transferred between the Gold Account and the Cash
Account. leaving the Cash A¢¢ouni balance at a constant £100. This has the advantage of M￿lm1$in8
interest and reducing administrdtion costs. There is also x currerkt and deposil account with HSBC
oFDed to minimise bank charges. In order to spread the investment risL the Chwity also has £80.000
in a charities terni dep)sit account with the ShawbTwk Bank.

HARROW MULTIPLE SCLEROSIS THERAPY CENlliE LIMrrED
Report of the Tryslees for the ye4r ended 31 December 2021 (conlinued)
Financial review (continued)
Policy on reseryes
The Tn￿teeS review the Charity's requirements for reseTves in the light of th¢ main risks to the
orgarkisation on an annual b8sis. They have established a poli¢y Whe￿bY unrestricled funds not
commill¢d or invested in tangible fixed assets held by the Charity should be divided between running
COS￿ equivalenl to not less than six months I￿rMal budgeted expenditu￿. and a Development Fund
to be used to implement future plans io include the possible development of new PTemises.
Budgeicd eX￿nditUre for 2022 is fo￿&$1 lo be £290,360 making the targei for reserves to cover six
months running costs of £145,180. In nomial ¢irciim51ances the Trustees believe thal at this level they
would be able to continue the curreni activities and commiknents of the Charity in the evenl of a
significant drop in fijndin
During the year the Charity's bank balances incre&sed by £20.536 (2020 increase £74.403) and its
capital and reseryes increased by £28.182 {2020 increase £60,067). Seiiing &8ide the £126.000
reserves to be held agai[￿ runnin8 costs. the restricted funds recorded a surplus of £2,539 leaving
the remainder of the Development Fund sthnding ￿ the end of 2021 at £197,771.
Revenue FundraiTing
The Trustees are very grafrful lo Tnlsts and Foundations for their continued generosity and support
given that the low inleresi raies has led to stiff competition for dcjnaiions.
The Trustees decided to use the setvic¢s of a professional Fund Raiser and are pleased to report th
this has resulted in significant grants being received in early months of 2021.
Charity FW1dra￿In8
The pandemic has meant that th¢ fundraising committee h&5 not b¢¢n as aGtive as in previous years.
It is hO￿d that it will resume its activities in 2022.
Ncver-the-less the Trustees wish to thank all those who gave their time and effort in raising a crucial
part of our income, without whi¢h ihe Charity could not continue.
The Trustees also wished io thank those who used their birthdays and anniversaries &$ ¢xwions to
raise funds for the Charity.
Planj for future periods
The Trnstees will continue to look closely at ways of incre&sing income and minimising expenditure
without uThluly redu¢ingeither the scale or quality ofthe service. They will be conlinuingtheir efforts
to impress on members and friends that. untess they are willingto support the fundrdisers and Consider
volunteering. in however m(MJesl a cap￿￿ty. our Charity cannot survive. We continue our aspiraiion
lo find larger premises. although it seerns unlikely in the pres¢nt cir¢umstances that this will come lo
fruition in the near fv￿re. We will explore further possibilities should any other avenue of enquiry
present itself.

HARROW MULTIPLE SCLEROSIS THERAPY CENfRE LIMrrED
Report of the Trnstees for the year ended 31 December 2021 (conlinued)
Reference and administrative detsils
Charity registration number= 299525
Company registrdtion number.. 2215153
Registered offic¢.' Harrow School Farni. Watford Road Harrow. MIDDLESEX. HAI 3TS
Our th4visers
Bankers..
CAF Bank Lid. Kings Hill, West Mallin& KENT ME19 4TA
HSBC , 26-28 St Ann's Road. Harrow, MIDDLESEX HA I ILA
Solicilors.. Genga & Co.. 588 High Road, Wembley, MIDDLESEX HAO 2AF
Insurers.. Towergate MIA. King5 COUTL London Road, Stevenage, HERTS. SGI 2GA
Ind#p¢Ad*nl thmiinÈr." C Malanga ACA, Church Hill Collage. Church IAne. Haslemere. SURREY
GU27 2BJ
Dir*etor$ andtrwiees
The director5 of the charitable company (the charity) are its tr￿leeS
for the purpose of charity law.
The trust¢es and officers Se￿Ing during the year aTrJ sinc£ the year
end were as follows..
Jeremy Ridout
Cllie Brighth)an
Anthony Flanigan
Fotoula Karamouzos
Farid Kazi
Amit Pandoria
Jane PeTry
Hetal Shah
Chair
Secretary
Key managemenlpersonnel..
Lynn Hurst
Saln Martyn
Apek5h& Patel
Centre Manager
Depuly Manager
Head of Physiotherapy Services
St￿CtUre, Governanee and M*Dxgtment
Cillverning Dncwnenl
The organisation is a charitable company limited by guarantee, in¢orporat¢d on 29 January 1988 and
registered &$ a charity on 14 November 1988. In the eveni of th¢ company ixing wound up. Members
are required lo contribufr an amount limited to £1.
Thc organisation was established und¢r a Memorandum of A￿ociation which set out the objects and
powers of the charitsble company* and is governed under its Articles of Association.
Appoinlmenl of Tn￿lee$
Under the Memorandum and Arti¢l¢s, the number of Trustees is limited to nine, including the officers
of the Charity. A rotating system of retirem¢nt is in place in order to ensure the continued refreshment
of the Board. Tn]stees are elected to serve for three yea@ after which they are eligyble lo be re-
clcctcd for a further period of up to three years at the next Annual General Meetin& Subject to their
availability and the needs of the Charity.
The otTicers of the Charity (Chair. Treasurer and Seuetary) are appointed from among their number
by ordinary resolulion of the TnL8tees. They hold office for three years froEn the date of their
appointment &8 officers, and can be appginted for a fithr three year5 by their fellow Trustees if it is
in the best interests of the Charity.

HARROW MULTtPLE SCLEROSIS THERAPY CENTRE LIMITED
Rew)rt of the Trnsttts for th¢ yar ended 31 D¢¢ember 2021 (eonlin¥ed)
Structure* Governance and Management (coRlin4ed)
Compo4vilion ofihe B0￿d
Be¢#￿5¢￿fIh¢ nature ofthe organisat¥ow and the self-help principle on which il is based, the Charity's
work incvitsbly focuses on the needs of its Members with MS.
Th¢ Board wants to ensure thai the ¢omFxJsition of the governin8 body is bat8n¢¢d to i￿lUde TnLSte¢s
with the skills and experience to set the Charity's governance on a professional footin& and Trvstees
with personal insighi into the needs and interests of the charity's users. Steps are being taken to fill
the current vaca￿leS and proposed wididales will be nomIn￿ed at the n¢xt AGM
Details of ihe current Tr￿￿eeS are given al)ove.
The Charity's members are drawn mainly from the West London Boroughs of HaTrow, Ealin& Barn￿.
Brenl and Hillingdon. and also n¢ighbouring ar￿ of Hertfordshire. A significant proportion of
members with MS are from ethnic minority communities. and the Charity wishes lo ensure that they,
loo, are represented on the Board.
Organisalion
The Trustees are responsible for the straiegic direction and poli¢y of the Charity. The day-to-day
provision of services rests with the Centre Manager, her DepLsty &nd the professional staff led by the
Head of Physiotherapy Servi¢¢s. Th¢s¢ thtre senior members of the team attend Board meetings in
a reporting ¢apa¢ily, as do the Development and Community Fundraisers when required. There were
6 fortnal 'fNstee Board meetings during the year with an average attendance of 62.5ts/0.
The Trusfres have much appre¢iafrd the wn¢inu￿ wmmitment of ih¢ staff, many of whom have
freely given lime in a voluntary capacity on top of their professional duties.
Relaledparlie.f and co-nperalion wilh niher nrgani.$alio
None of our trustees receive remuneralion or other benefil from their work with the charity.
The Charity remains an ￿tive member of Multiple Sclerosis N*ional Thctapy Centres, a federation
from which we derive benefits including trainin& operation and treathieni proIc￿lS. bulk buying
concessions and mutual SUPFrf)rt.
We also have links with the MS S(Kiety and keep in t0￿h with other le*Jing MS organisations in
the UK. including the MS Trust and MS Resource Centre.
Paypolicyfor senior staff
The pay of the physiotherdpists is reviewed annually and at the discrdion noTmally increased
in accordance with average ¢arnings or inflation. In view of the nature of the ¢haTity, the tNslees
b¢n¢hmark against pay levels in the NHS.
Th¢ pay of thc other staff is again reviewed annually and at the Irustees discretion nornially increased
in accordance with average earnings or inflatton.

HARROW MULTIPLE SCLEROSIS THERAPY CEJ4TRE LIMITED
Report of the Trnsttts for the year etsded 31 Detembtr 2021 (conliTrued)
Structure, Governanee #Dd Manageme￿1 Cconthued)
Risk managemeni
The Trustees assess them4jOTTi$ks to whi¢h the Charity is exrMJwJ on an annual basis. Wh¢r¢ appropriate.
systems and procedures have been put in place to mitigate the risks the Charity faces and any impact they
may have in the ffij￿re. SignificAnt exiernal risks io funding are assessed in the context of the curreni
fmoncial climate. The Clwity's FKtrli¢y on res¢rv¢$ is adjusted accordingly and measures are put in pl￿¢
io develop new sources of funding and sthbilise and con501idate running costs. Internal control risky are
minimised by the implementation of procedures for the authorisation of all transa¢tion5 and projects.
These include ihe involvement of individual Tru￿¢￿ with fundraising and donations.
Pro¢¢dur¢s are in pl￿¢ to ensure compliance with Health and Safety regulations in regr￿1 of staff.
volunteers, clients and visitors to the Centr¢. M¢mbets of sraff dir￿tlY involved with patient care are
subject to appropriate DBS checks.
Rexulation of Type 3 Oxi¥en Chambers
The statutory requirement for independent regulation of Type 3 oxygen chambers ee&s¢d in April 2009
and the regulatory function became the responsibility of MS N4tional Therapy Centres.
Due io the pandemic no training took pla¢e during 2020. However, during 2019 the trdiner from MS
National delivered our annual training session and kept the Centr¢ up ￿ datr with new procedures
throughout the year.
Tru$tee5' responsibilities in relatlon to the Iln*Trei81 st*tem¢Dts
The charity tNstees (who are also the directors of Harrow Multiple Sckr05is Therdpy Centre Limited for
the purposes of company law) are r￿pOnSIble for preparing a trustees, annual rep)rt and finan¢ial
siatements in a¢¢ordanr¢ with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees io prepare financial sNements for each year which give a true
and fair view of ihe state of affairs of the charity and the incoming resources and appli¢ation of
resources, including the income and expenditu￿, of the charity for that peri(xJ.
In preparing the financial statements, Ihe trustees are required io..
seleci suitabl¢ a¢¢ounling policie5 and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and esttmates that are re￿nable and prudent;
stste whether applicabl¢ UK a￿oUntIng 51andariL8 have been followed, subjeth to ony
mat¢rial d¢partures disclosed and explained in the financial stat¢m¢nts;
prepare the financial statements on the goin8 ¢onc¢rn basis unless it is inappropriate to
presume that the charity will wntinue in business.
The trnstecs are r¢sponsibl¢ for keeping proper accouniing records that disclose with reasonable
accuracy at any time the financial position of the charity and io enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguardin8 the assets of the charity and the group and hence thking rewnable sleps for the
prevention and detection of fraud and other irregularities.
The ￿$tec$ are responsible for the maintenanee and int¢grity of the COTpora(e and financial
inforn)ation Included on the ¢hari¢able cotnpany's website. Legislation in th¢ Uniied Kingd¢)m
governing the prepardtion and disseminaiion of financial stht¢Tn¢nts Tnay differ from legislation other
jurisdictions.
Independent Ex#min¢r
Caroline Malanga ACA w&$ re-appointed &s the Chariry's Independent Examiner during the year and h&s
expressed her willingness io conlinu¢ Tn that capacity.
Approved by the B
Trnstees and signed ffi its ￿half by:
Jeremy Ridout
Chgir 4Dd Trusttt
2022

lI￿EFENDE1wT EXAl￿R's REPORT TO THE TRusfEES OF HARROW MULTIPLE
SCLEROSIS THERAPY CENTRE LIMITED
I report on the ￿coUnts of the company for the year ended 31 DeCeM￿r 2021. which are set out on
pages 9 to 20.
Respecttye duti&s of¢rustefs #Dd exthmiller
The ttuste¢s {who are also the dire¢tors of the ¢ompany for the purp)ses of company law) are
resw>nsiblc for th¢ prcparalion of thc ac£ounts. Thc trLLS*cs ronsider that an audit is not r¢quir¢d for
this year under section 144{2) of the Charities Act 2011 (the 2011 Act) and that an independent
examinalion is needed.
Having satisfied myself that the cTrwity is not subject to audit under Company law and is eligible for
independent examination. it is my responsibility lo:
examine the accounts undLY section 145 of the 2011 ACL
to follow the pr￿edureS laid down in the general Dire¢tions given by the Charity
Commissioners under section 145 {5) of the 2011 Act,. and
to slate whether particular matters have come to my attention.
B%sls of Independent eumlner's report
My examination w&% &4rried out in accordance with the general Directions given by the Charily
Commission¢rs. An eL2minalion includes a revi¢w of the a¢counting records kept by the charity and a
comparison of the a￿OUnts pr&senied with ihose records. li also includes consideralion ofany
unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning
such matter5.
The procedures undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given ￿ to whether the accounts present a 'true and fair view. and the
r¢p)rt is limit¢d lo thos¢ matters set OLrt in the s¢at¢ment bclow.
IDdependent examiner's statement
In wnn¢¢tion with my examinatio￿ no matter has come to my attention..
(l) which gives m¢ reasonable ￿use lo believe thal in any material resP￿t the requirements:
to keep accounting records in accordance with section 386 of the Companies Act
to prepare accounts which accord wilh the accounting records, coinply with the
requirements of seclion 396 of the Companies Act 2006 and with the metknds and
principles of the Statement of R¢¢omm¢tkl¢d Pra¢ti¢¢'. A¢counting and Reporting by
Charities
h&$ not been mel or
(2) to which in my opinion, attention should be drnwn in ord¢r to ¢nable a proper understanding
ofthe a￿O￿ts to be r￿hed.
Chartered Accountant
2022

HARROW I￿uLTIPLE SCLEROSIS THERAPY CENTRE LIMITED
STATEMENT OF FINANCIAL AcfiviTIFS
(Including Income *lld Expettdi¢ure Aetoullt)
FOR THE YEAR ENDED 31 DKCEMBER 2021
2021
202
Notes
Unrestrleted
Totsl
Total
Gtntrsl
Fund
D¢velop-
ID¢ome from:.
Donations & lewies
252,054
39,604
291.658
298,437
Investments- interest
488
488
1,329
T•tAI incorne
251542
39.604
292.146
299,766
Expettdlture :_
RwSLng funds
6.859
6.859
1,937
Charitsble activities
216.412
40.692
257,104
237,742
Tot41 expendlture
223271
40,692
263.963
239,699
Net Intome
29271
(1.088)
28.183
60,067
Transfers betweell
runds
(25,181)
25.181
Ne¢ movement i
funds
25.181
(1,088)
28.183
60,067
RetODcilixtiOll Df
funds:.
Total fuDds brought
rorw8rd
121.910
172,5
3.628
298.128
238,061
Totsl fMtsd8 urrled
rorw*rd
126.(
197.771
2J40
326.311
298,128
The statemeni of financial adivities includes all gains and losses reco￿lSed in the year.
All income and exj￿dlfvfft (krive5 from c4)ntinuing activities.

HARROW MULTIPLE SCLEROSIS THERAPY CENfRE iIMrrED
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Notss
Fixed assets
Tangible assets
9,393
3,672
Totslfiredas$ers
3,672
Currellt #ssets
Debtors
Cash at bank and in hand
10
10.019
343,732
9,781
323,196
roial ¢wreni assets
353 751
332,977
Liabiliti¢8
Creditors. amounts falling due within
one year
li
36,833
38,521
Nel cwrenl afsels
316.918
294.456
Tolol nel 4wel$
326,31
298 128
The fuDd8 ofthe ¢bArity:.
Restricted
Unrestricted- general
- designated
2,540
126,(KKI
197.771
3.628
121,910
172.590
Tolal charityfv
13
326311
298,128
For the finance year ended 31 December 2016 ihe Charity was entiiled io exemption from audit under
section 477 Companies Act 2006. No member has deposited a notice, pursuanl to section 476, requiring
an audit of ihese financial statements under the requirements of the Companies Act 2006.
The trustees acknowledge iheir ￿sPonsIbl1111eS for ensuring that the charitsble company keeps proper
accounting records which comply with section 386 of the Ad and for preparing finan¢ial thtements
which give a true and fair view of the stale of affairs of the organisation as at the end of the financial
year and of its surplus or deficil for the financial year in ac¢ordan¢¢ with the requirements of section
394 and 395 and which otherwise comply with the requirements of the Companies A¢1 2006 relating to
ac¢ounts, so far as applicable to the company.
The notes at pages 12 to 20 fomi part of these accounts.
These financia] s
ve been approved by the Board of Trustees and signed on its behalf by".
Jeremy Ridout
(Chair and TTUStee)
Date lg
¢39
022
io

HARROW MULTIPLE SCLEROSIS THERAPY CENlliE IJMrfED
ST ATFMENf OF CASH FLOW
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Cash generated in operating activity (see below)
27.597
74,658
Cash flows from investing activities
Interest income
488
1,329
Purchase of tangible fixed 8&8ets
(7.549)
(1.584)
Cash provlded by (used ltt) thvestlng a¢tivStles
17.061)
(255)
Increase (deemst) In e*8h *lld e*sh equlv*lethts ltt the ye#r
20.536
74,403
C&8h and cash equiva]ents at the beginning of the year
323.196
248.793
Total cash and rash eqvivaleThts at the end of the year
343,732
323.196
Re¢oDclll*tlon of De¢ movement In funds to net Ilow from operatlng a¢tfvlile8
2021
2020
Net movement in futyls
Add back depreciation
Deduct interest shown as inv¢sting activities
Decre&sel(Incr¢a8e) in debtors
(De¢r¢aseyln¢rease in Creditors
28,182
1,828
(488)
(237)
(1.688)
60.067
2.382
(1,329)
(1,069)
14.607
Net c&sh generat￿/(used) in 0￿ratIng activities
27.597
74.6.58

HARROW MULTIPLE SCLEROSIS THERAPY CENlliE LIMrrED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Aceoulltin% Po]ieies
The princip￿ accounting p)licies adopted. judgments and key sources of estimation uncertainty in the
preparation of the finan¢ial slat¢ments are as follows".
a) Basis of preparation
The financial statements have b¢¢n prepgred in accordance with ArKounting and Reporttng by
Chariiies.. Siatement of RecoTnmended Practice applicable to charities preparing t])eir accounts
in accordance with the Financial Retx)rting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective l January 2015) - (Charilies SORP (FRS 102)), the Financial
Reporting 8thndard applicable in ihe IJK and Republic of Ireland {FR8 102) and the Companies
Aa 2(X>6.
Harrow Multiple Sclerosis Therapy Centre Limited meets the definition of a public benefit
entity under FRS 102. Assets and liabilities are initially recognised ￿ historical cost or
transaction value unless othen¥ise swe4J in the Telev8nt accowlting policy notes.
b) Preparntion of the accounts on a going c0￿crn basis and th¢ Covid-19 pandemic
The Charity closed its therapy Cenire on Saturday 21 Marth 2020 following the Covid-19
pandemic. It reopened durin8 the year bul again closed on 21 Dec¢mber 2020. It re-opened in
March 2021 but ai a reduced level of activity. However, having considered the period twelve
months from the date of the approval of these financial statements and the Centre's financial
resources ihe Truste￿ consider that the charity h&$ adequate resources for this period.
Accordingly, the going concern basis ¢onlinues lo be used in preparing the financial ststements
as outlined in the Ststemeni of Trustees Res￿nSIbIlitieS on page 7.
) Income
In¢om¢ is recognised when
the charity has ¢ntitlement to the fund
any performance conditions attach¢d to the itern(s) of incom¢ have been mel
it is probable that the income will be received
thc amount can be measurejj reliably.
Income from grants. whether'capital, grants or'revenue, granL% is re¢ognised when:
the charity h&$ entitlement to the futMIs
any perfomiance conditions attached to the grants have ixen met
il is probable the income will be received
the amounl can k measured reliably and is noi deferred.
12

HARROW MULTIPLE SCLEROSIS THERAPY CENfRE LIMITED
NOTES TO THE ACCOUNTS Icontinued)
FOR THE YEAR ENDED 31 DECEMBER 2021
A¢¢ountillg policies (¢otttiDued)
c) Income continued
For legacies, entitlement is taken as the earlier of :_
the date on which ihe charity is aware that probate h&$ been grant
the affairs of the estste been finalised and the chartty h&8 been notified of the
distribution
when the distribution has been received.
Wh¢r¢ l¢ga¢i¢s have i*en notified io the Charity. or the charity is aware of the grdnting of
probate the legacy is treated as a contingent wet and disc105ed if material.
d) Donated services and fmcilities
In accordance with the Charities SORP (FRS 102). general volunteer time is nol re¢ognised, the
trusiees. annual report must be referred to for more inforn)alion aiKJUt their contribution.
However. donated professional services and donaied facilities are recognised as income if the
charity has control over the ilem, any conditions as￿)CIated with the donated item have ken Inet,
the receipt of C￿nOmiC knefii from the use by the charity of the iiem is probable and that
economic knefil measured reliably.
On receipL donated professional services and donated facilities are re¢ognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing to pay to
obtain services or facilitics of ¢quival¢nl economic benefii on the open markeL a corresponding
amount is then Tecognised in expenditure in the peri(NJ of rweipL
e) Fund accounting
Unreslricted funds are available lo spend on activities that further any of ihe purposes of
harity. D¢signal¢d funds are unrestricied funds of the charity which the trustees have
decided &t their di$¢￿10n to set &side io use for a specific purpose. Restricted funds are
donations which the donor h&% specified are to be solely wd for parlicular areas of the
Trust's work or for specific projects being undertaken by the charity.
The D¢v¢lopmeni Fund. which is a designated fund. represents funds transf¢rr¢d from thc
G¢neral Fund. The Development Fund is expendable at th¢ dis¢r¢tion of the I'ruslees in the
furtherance of the objects of the charity in implementing future plans, including the p05sibl¢
development of new pTrmise&
D Expenditure
Expenditure is re¢ognised once there is a lega] or constructive obligation to make a payment to
a third party. il is probable ihat settlement will be required and the amount of ihe obligation can
be measured reliably. ExpeThlilure is classified under the following ￿tiVity headings..
• Costs of raising funds.
Expenditure on charitsble activities
Other expenditure represents those ilems not falling inio any other heAding.
g) All￿atiOn of support costs
Support costs are those functions that &￿]St the work of the charity but do not dir¢ctly
undertake charitable activi¢i¢s. Supw)rt ￿$ts include back office cost& finance, personnel,
payroll and governance costs which supwt the Trnsts activities. These costs have been
allocated ￿tween c05t of rdisjng funds.and expenditure on charitable activities. The bases
on which support costs have been allocated are set out in note 5.
13

HARROW MULTIPLE SCLEROSIS THERAPY CENTRE LThfrrED
NOTES TO THE ACCOUNTS (eotttiDued)
FOR THE YEAR ENDED 31 DECEMBER 2021
Aecountillg policies (¢ontillu￿)
h) Tangible fixed assets
Individual fixed assets costing £100 or more are capitalised at cost and are depreciated over
their estimated use￿1 economic lives on a straight line basis as follows..
Furniture. fittings and equipment:
- 5 years
Leasehold improvements
- remainder of lease
i) Debtors
Trade and other debtors ar¢ rwJgnis¢d at th¢ settlement amount due after any trade discount
offered. Prepayments are valued ai the amount prepaid net of any trade discounts due.
j) C&sh at bank and in hand
Cash at bank and ush in hand includes cash and short terni highly liquid investments wilh a
short maturity of three months or less from the dale of acquisition or opening of the deposit or
similar account.
k) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event thai will probably result in the trdnsfer of funds to a third party and the
amouni due to settle the obligation can be me&sured or estimated reliably. Creditors and
provisions Are normally r￿Qg￿ls￿ at their %ttl¢menl amount after allowing for any trade
dis¢ounts due.
14

HARROW I￿uLTIPLE SCLEROSIS THERAPY CENfRE LIMrrED
NOTES TO THE ACCOUNTS (eontlnued)
FOR THE YEAR F.NDF.D 31 DF.CF.MBF,R 2021
Legal staths of the Charity
The Charity is a company limitsd by guarantee and h&s TK) share capital. The liability of each member
in the event of windin8-up is limited to £1.
Don*¢ions and legacies
2021
2020
General
Rutrieted
To¢al
Don￿lOnS (incluthng
pnembershipfees)
155,760
1 55.760
179.548
Legacies
15270
15,270
2.000
Fundraising
43.574
43,574
13.371
Other activities
5.893
5.893
2.004
Grants'.-
Job supwrt scheme
The National l.ottery
Community fund
(Coronavirus Communi
Support Fund)
Other
Other grants
31,557
31.557
53.305
39,604
39.604
46.659
1,550
252,054
39,604
291.658
298,437
ExpeDditure on eh*rit*ble •¢¢ivtlieJ
2021
2020
Genergl
Restricted
Total
Physiotherapy
120,454
7.599
128,053
126,071
Hyperbari¢ oxy8¢n therdpy
64,118
9.513
73.631
61,522
Other therapies
430
Premises expenses
624
14.938
15.562
11,617
Office costs (note 5)
31.141
8.642
39,783
38,027
Govemance costs
75
75
75
216,412
40.692
257,104
237.742
15

HARROW MULTIPLE SCLEROSIS THERAPY CEiYfRE LIMrtED
NOTES TO THE AcCou￿rS {toDtinued)
FOR THE YEAR ENDED 31 DECEMBER 2021
Anatysis of support and governAn¢e costs
2021
Governan¢e
Support
To¢AI
BasL8 of
pportiODm¢nt
Salaries
General office
Tn￿e¢s, insurance
35.595
5.318
35.595
5.318
75
75
75
Apportioned:_
charitable activities
fund raising
39,783
1.130
40.913
75
39.858 }
Cost of activity
75
Staff eosts
2021
2020
Staff Costs..
Wages and salaries
Social security costs
Pension Costs
2(K).084
9.810
3.140
213034
193,930
8.101
2.601
204 632
No employee earned £60,000 per annum or more (2019 Nil)
Staff numbers
The average number of employ¢&s (all of whom were part time) duTing the year was 16 (2019.. 16)
21)21
No.
2020
No.
Physiotherapy
HyFrbari¢ oxygen therapy
Office
12
12
16
16
Net IDeome for the
2021
2020
This is stated after char8inFJ(crediting):_
Depreciation
.828
2.382
16

HARROW MULTIPLE SCLEROSIS THERAPY CEThiE LIMrrED
NOTES TO THE ACCOUNTS (coDtiDued)
FOR THE YEAR ENDED 31 DECEMBER 2021
T*ngible a55ets
Furnitur
rittings
and
equipmen
Leasehold
Improve-
m¢nts
Totsl
C051
At beginning of the year
Additions
100,662
7.549
40.406
141,068
7,549
Ai ihe endofiheyear
108.211
40.406
148,617
Depreciation
At th¢ beginning of the year
Charge for year
96,990
1,828
40,406
137,396
1,828
At ihe epkl0f1he￿{¥
98,818
40.406
139,224
Net bwk value at beginning of the year
3,672
3.672
Net book value at the end of the year
9.393
9,393
io.
Debtors
2021
2020
Prcpayments
Other debtors
2.970
7.049
2,186
7.595
10.019
ii.
Creditors
2021
2020
Accruals
Other creditors
Taxation and 5(Kial 5¢curity costs
6.345
26,754
3.734
36,833
4,986
28.865
4.670
38.521
17

HARROW MULTIPLE SCLEROSIS THERAPY CENlliE LIMrrED
NOTES TO THE ACCOUNTS (¢oDtillued)
FOR THE YEAR ENDED 31 DECEMBER 2021
12.
Rental cowmltments
The Charitable company has an annual commitment of £6.5(K) under a propety lease expiring in
less than ten years.
The l¢Ls¢ ¢omes lo an end on 30 April 2024.
13.
FuDd5
2021
General
Fund
Develop-
mellt
fund
Restricted
fuDd
Tot41
Cunds
Fixed &ssets
7,059
2,334
9,393
Nel current &%sets
118,941
197.771
206
316.918
126,0(KJ
197,771
2,540
326.311
14.
Analys￿ of charitable fund$:_
Movements In uorestrirted funds
2021
IncomiDg
resour¢e8
Brought
fornard
Outgoing
resources
Carried
fornard
General fimd
Development fund
121,910
172.5(Ki
252,542
25,181
248.452
126,000
197,771
294500
277.723
248,452
323.771
Description, Da¢Mre *nd purpose of ￿t￿ fund.
The gcncral fund is a 'frcc rcscrves. aftcr allowing for the designated fund.
The designated fund 15 ¢xpendabl¢ at the dI￿retIon of the Trustees in the furtherance of the objec15
of the charity in implemeniing futtwe plan4 including the N)ssible development of new premises.
18

HARROW IlfULTIPLE SCiEROSiS THERAPY CENTRE LIMITED
NOTES TO THE ACCOU￿[S IcoDtinue
FOR THE YEAR ENDED 31 DECEMBER 2021
14.
Analysi8 of th*ri¢*ble funds (continued):.
Movements ID res¢rl¢ted fund
2021
Brought
forward
ID¢oming
resour¢es
Outgoing
resour¢es
C4rried
forward
HBO fund
The National Lottery
Community Fund
(Coronavirus Community
Support Fund)
12297
12,297
Equipment and equipment
maintenance fund
3.628
39.004
40,692
2,540
Premises and related cosi
3,628
51,901
52,989
2,540
Description, nature *nd purpost of tatb fund.
The HBO fund. This represents donations made for the specific purpose of providing Oxygen
therapies.
The National ￿llery Community Fund (Coronavirus Community SupwTrrt Fund) A grdnt of
£58,956 received in Sep(em￿r 2020 10 be spent in the six months lo 31" March 2021. By the
315 December 2020 £46.659 of the grant had been spent. Ac¢ordingly the balance of £12,297 15
recognized in these statement&
I'he grant h45 been used to fund the cost of physioiherdpy and certain support co￿8 of the Centre.
Tbe equipment and equipment mainltnance fund. This repr&qents donations made for the specific
purpose of providing and mwntaining equipment.
Premi8es attd related cost& This reprasents a grant made for purpose of contributing to certain
premises: insurance and related costs.
15.
Trans•¢¢loDs wlth trnStea (directors)
The trustee5 received no remuneration and no expens¢5 were reimbursed.
l& Corporgtion tsxation
The charity is exempt from tax on income anlgains falling within section 505 of the T&xes
Act 1988 or section 252 of the T&xation of Chargeable Gains Act 1992 to the extent that
these are applied to its charitable objects.
19

HARROW MULTIPLE SCLEROSIS THERAPY CENfRE LIMrrED
NOTES TO THE ACCOUNTS (¢ontiDued)
FOR THE YEAR ENDED 31 DECEMBER 2021
17.
Contingent liability
The roof of the premise occupied by the Centre is not watertighL The roof. which is made of
asbestos-cement sheetin& needs lo be repaired and may need io be replaced. The Centre occupies
the premise under a tenant repairing le&se and accordingly the Centre may have to bear the cosl. In
2019 an estimate for the repla¢em¢nt was obtained. The estimaie. which included additional items
such as replacing the existing ¢¢111￿ insulation and electrical wirin& w&8 in the region of
£IOO,O¢X>. Should it prove necessary to replace the roof ai the Centre's expense it ts hope¢ once an
extension to the lease h&s been agreed. to make an appeal for the necessary fLmds.
20

HARROW MULTIPLE sC￿ROs1s THERAPY CENTRE LIMITED
DETAILED STATEME￿£ OF FINANCIAL AcrtvrTIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Income
2021
2020
Donations (including membership
subscriptiotLS)
155.760
179,548
Legacies
15270
2,000
Events and other fund raising xtivities
43.574
13,371
Grants..
Job support grant (furlough)
31.557
53,305
The National Lottery Community fund
(Coronavirus Community Support Fund)
12.297
46,659
Other grants
27.307
1.550
Yoga and exercise
4,029
2,004
Compensation
1,864
Interest received
488
1,329
Tot•l income
292.146
299,766
Expenditure :.
Fund rnising
5,729
1,625
- Physiotherapy
128,053
126,071
- Hyperbari¢ oxygen therdpy
73,631
61.522
- Other therapies
430
- Premises
15.562
11.617
- Office costs
40.913
38,359
- Governance
75
75
Total expenditure
263.963
239,699
Net surplus
28,183
60,067
21

HARROW MULTIPLE SCLEROSIS ThERAPY CENTrE LIMITED
DETAILED STATEMENT OF FINANCIAL ACIIVITIES (eontiaued)
FOR THE YEAR ENDED31 DECEMBER2021
2021
2020
Expenditure on: _
Raising funds
- external fund raisu5
- event cxwises
496
5233
5,729
.393
232
.625
Physiothtr*py
.5a]ary costs
quipm¢nt repairs
-in5UTallf< tTav¢l & rt¢TUitm¢rit
-troining
-equipment depTectation
124.372
873
121.779
1,210
1.012
1.182
128.053
1070
12&071
Hyperb*rle oxygen thtr*py
•SaI￿ ¢osts
Oxygen
-cquipm¢nl r¢pairs
55,562
47,686
10.708
3,128
61.522
6.655
73.631
Othtr theraples
-yog&
430
430
Premises costs
rent &nd rnles
4.807
3.859
3.380
1.629
1,521
366
4,041
3.189
2.439
1,124
616
cleaning
light and heat
- insurance
- premises repair5
- fixture5 and fJttin85 depn
15.562
Office cojts
- salary costs
subscriptions
. 5tationcry and posta8e
telq)honc and IT
PY4yroll charges
- bank charge8
- depreci8tion
. rni5cclianeous
33.595
244
699
812
1.738
l.M2
70
912
98
280
1.045
539
40.913
38,359
GoveTn•nce
- tru*ees' inwrgmee
75
75
75
75
Total *xpendlthre
263.963
239.699
22