Solant Multlple Sclaro818 Theraples Llmlted Flnanclal Accounts for th• Perlod Ended 31 March 2025 Company Re91gtratlon Number: 2216164
Solent Multlple Sclerosl8 Theraples Llmlted Report and Accounts for tho Perlod Ended 31 March 2025 CONTENTS PAGES Report of the Directo Independent Examinerfs Report Statement of Financial Activitie8 Inc¢ma and Expenditure Account Balance Sheet &6 Notes to the Accountj 7-10 The following pages do not fomi part ol the statutory accounts. Summary Incoma and Expenditure Account 11 Income Detall 12 PhysidO$teolReflexlShlatsu analysls 13 Bank Balances 14 Flxed A$$et$ 15 Detailed Income and Expenditure Account 16
Solent Multlple Sclerosl8 Therap188 Llmlted Accounts for the Period Ended 31 March 2025 Trustees R Hayter - Acting Chainnan PLee A Alexander S Emery A Sandford R Moothead K Ebbens K Sllman L Rickman C Alexander Registered Office Bradbury House 56 Hewett RDad North End Portsmouth Hampshire P02 OQP Banker8 Lloyd$ TSB plc 80 London Road North End Portsmouth Hampshire P02 OLX Company Number 2215154 Accountant8 Hunter Simmons Ltd EMP Building. Unit 1 4 Solenl Road Havant Hampshire P09 1JH
Solent Multiple Selérosis Therapies Limited R8port of the Dlrectors for the Period Ended 31 March 2025 R&port of tho Dlrectors The directors herewith present the accounts for the period ended 31 March 2025. Actlvities of thè Company The companls principal activity is lo aid the condition of those suffering from multiple sclerosls by providing guidance, practical support and therapy to those such persons. Dlrectors The directors of the company throughout the year were as follows.. PLee A Sandford C Alexander L Clarke A Alexander S Emery R Moorhen L Rickman R Haer K Ebben$ K Silman The direGtors do not hold any shares in the company. Charltable Status The ccffipany is a registered charity with the Charty Commissioners in England and Wales. Company Number and Charlty Numb•r The ctjnpany registered number is 2215154 and the Registered Charity number is 299545. Governing Document The governing document is the Memorandum and Articles of As80¢iation. TrustO08 The directors have produced a Directors. Report as raquired by Company Law instead of a Trustees, Report. Reglstered Offlce The registered offic& of the charity is Bradbury H¢)use. 56 Hewett Road, North End, Portsmouth. Hampshire P02 OQP. Exemptlons Advantag8 has been taken in the preparation of the Directors, Report of the special exemptions applicable to small companies conferred by Part 15 of the Companies Act 2006. By Ord of the Boar .R Hayter- Chairman Dated.16 MAY uis
I ndependent Examlner's Roport to the Trustees of Solent Multiple Sclerosl8 Therap188 Llmlted I rep¢rt to Ihe charity truslees on my examination of the accounts of the Company for the year ended 31 March 2025. Responslbllltles and bas1¥ of report As the trustees of the Charity (and also rts directors for tha purpos of company law) you are responslble for the preparation of the accounts in accordance with the reqU1ments of the Companies Act 2006 (Yhe 2006 Acl,). Having satlsfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligibb for independ6nt oxaminalion, I report in respect of my examlnatlon of your chaity's accounts as carried out under section 145 of the Charities Act 2011 (Yhe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charty Commlsslon under section 145(5) (b) of th8 2011 Act. Indfrpendfrnt examlnevs statament I have completed my examination. I confimi that no mattern have come to my attention Sn connection with the examination giving me cause to believe.. accountlng r8cord8 wore not kept In respect of the Company a8 requlred by sectlon 386 of the 2006 Act,. or the accounts do not accord with those records., or the account8 do not comply with the accounting requirements of section 396 of the 2006 Act oiher than any requir8m8nt that that account8 give a true and fair view which 55 not a matter con8Hlered as part of an independent examinalion; or the accounls have not been prepared in accordance with the meth¢d$ and prin¢ipl88 of Ihe Statemenl of Recommended Practice for accounting and reporting by Charities [applicabl8 to charitie8 preparing their account8 in accordan¢e with th? Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)] I have no concern8 and have comè across no other maitars In connectlon wilh tha examlnatlon to whlch attention 8houkl be drawn in thi8 report in order to enable a proper underslanding of the account8 to be reached, Sean Hunter. FFP FIPA Institute of Financial Accountant8 Membership Number.. 232174 Hunter Slmmons Ltd EMP Buildin9, Unit 1 4 So18nt Road Havant Hampshire P09 1JH iu MA1 102S
Solent Multiple Sclerosis Theraples Llmlted Statement of Flnanclal Actlvltles For the Perlod Ended 31 March 2025 Noteg Mar-26 Mar.24 Gen•MI Fund Incomlng Resour¢eg: Donation8: Donations and Gift8 155,102 145,623 Investment Income Income from trading activities.. Related to objects of the charity 1,209 1,650 Total incoming resources 156 311 147,273 ft08our¢•8 Exp•nd•d: Direct Charitable Expenditure Fund Raising and Publlcity Management and Admlnistratlon 56,545 11,390 99,763 47,676 8,801 92,931 Total resources expended 167,698 147,408 Net incoming resources (11,387) (135) Balances at 31 March 2024 343,285 343,420 Balance8 at 31 March 2025 331,898 343,285
Solont Multlple Sclerosl8 Thorap188 Llmlted Income and Expendlturo Account For the Perlod Ended 31 March 2025 Mar-26 Mar-24 Total Income from continuing operations 156.311 147,273 Total expenditure from ntinuIng operations 167,698 147,408 Net incomel(expenditure) for the year 11,387 135 There are no recognised gains or bs8e$ In 2025 or 2024 olh8r than the net Income for the years. The notes on pages 7 to 10 form part of these accounts
Solent Multiple Sclarosls Therapies Llmited Balanca Sh8et AS at 31 March 2025 Nots8 Mar.25 Mar-24 Flx•d A8$0ts Tangible Assets 209.416 219,115 Curr•nt Ag80ts Stock8 Prepaym6nt$ Cash at 8ank and in Hand 3,261 148,591 149,852 3,375 145,829 149,204 Cr•dftorn: Amount8 du• wlthln one year other creditors 10 8.282 5,946 Net Curr•nl A•8•t8 141,570 143,258 Total Not A•••t• 350,986 362,373 Fund 8alance• Income and Expenditure Account 331,898 343,285 Reserved Capital 3,200 3,200 Operating Rar¥o Account 15,888 15,888 Total Fund Balance• 350,986 The Balance Sheet continues on the following page The notes on pages 7 to 10 fomi part of these accounts
Solent Multlple Sclerosis Therapies Llmited Balance Sheet {contlnuod) As at 31 March 2025 Dlrectors, Statement The company is entitled to exemption from audit under Seclion 477 of the Companies Act 2006 relating to small companies. for the period ended 31 March 2025. The members have not required the company to obtain an audrt of its financial statements for the period ended 31 March 2025 in accordanc8 with Section 476 of the Companies Act 2006. Tha direcbrs 8cknowledge their responsibilitigs for.. (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 201X and (b) praparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or1088 for each financial year in accordance wilh the requirements of Sections 394 and 395 and which oth8Thvisa comply with the requirements of th8 Companies Act 2006 relating to financial statements, so far as applicable to tha company, The accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard foi Smaller Entities (effective April 20081. These accounts ware approved on.,.1.6... ID2 5 R Hayler- Director bbens - Director The notes on pag8s 7 lo 10 form part of these accounts
Solant Multlpla Sclèro8ls Theraples Llmltsd Notes to the Accounts For the Period Ended 31 March 2025 ACCOUNTING POLICIES Basls of Accountlng These accounts have been prepared on the basi8 of the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and with applicable Acwunting Standards. the Accounting and Reporting by Charities- Statemont of Recommgnded Practice (SORP 2005) and the Charities Act 1993. InGomlng Re8ource• Incoming resources are reported gross. L•gaclM and Donatlon• Legacles and donations are accounted for when the resources are receivable or when the charlty's entitlement is legally enforceable. Legacie8 received in the fonn of property ancl investments orfi credrted at tha lowor of probate and market value. Other gift8 in kind are included in the accounts at market value. Assets for distribution are recognised only when distributed; a88ets given for use by the charty are recogni88d when receivable; stocks of un801d donated good8 are not valued for balanGe Bheet purpoBes. Grantg Racelvable Grants are reco9nised when receivable. Dlrect Charltable Exp8ndlture, Fund Ralslngi Management and Admlnl8trntlon Direct charitable 8XP8nditur8 comprises all expenditure directly relating to the objects of the charity. When necessary, co8t8 are allocated between direcl charilable expendSlure fund-raising and managemenl and administration on the baBi8 of apportionment ¢f the relevant expenditure. Llf• Subgcrlptlon• There are no life 8ubs¢riptions Commltments Commitmenls m*Je by the directorn that are legally binding have been accrued. Those that are nol legally binding have not been charged in the accounts, but disclosed In note 11. Tanglble Flxed Assets and Depreclatlon Tangible fixed assets are stated at cost. Depreciation is provided over th8 expected useful lives of each category of tsngible fixed a8S8t as follow8: Fumilure and Office Equipment 25% on net book value Plant and Equipment 25Yo on n8t book valu8 Buildings Depreciated to reflecl a valuation of £35000 Improvements to Freehold Property 2Vh on ¢o$t The Compresslon Chamber and previous Improvements to Freehokl Property are fully depreciated. Freehold Land has not been deprecialed.
Solent Multlple Sclerosls Theraple8 Llmlted Notes to the Accounts For the Perlod Ended 31 March 2025 ACCOUNTING POUCIES (contlnued) Stock• Stocks are valu8d at the l<Mer of c05t and net reallsable value after making due allowance for any obsolete or slow-moving items. Cost includes direct material3. labour and overheads incurred in providing each seNice. Net realisable valu6 is based on estimated selling price less 8ellin9 COSt8. Cash Flow Statemont The company has taken advantage of the exemption in the Financlal Reporting Standard 1 from the requirement to disclo88 a Statement of Cash Flow8 on thè grounds that li is small company. INVESTMENT INCOME Mar-26 Mar-24 Bank Interest Receivab 1,209 1,650 MANAGEMENT AND ADMINISTRATION Mar-25 Mar.24 Central Management and Admlnlstratlon 99,763 ANALYSIS OF TOTAL RESOURCE8 EXPENDED Mar•26 Mar-24 Salari88 Utilities Supplies DepreciatiorVLos8 on disposal 86,092 3,790 68,117 9,699 79,546 3,441 53,369 11,052 167,698 147 408 NET INCOMING RESOURCES Mar-26 Mar-24 This is stated after charglng,. Depreciati¢nlLoss on disposal 9,699 11,052
Solènt Multlple Sclerosls Theraples Llmlted Notes to the Accounts For tho Period Ended 31 March 2025 INTEREST PAYABLE LESS RECEIVABLE Mar-26 Mar.24 Bank Interest Receivable 1,209 TAXATION No ccrp¢ratlon tax Is payable 85 the company Is a reglslered chanty. TANGIBLE FIXEO ASSETS Imp's to Fre•hold Property Com- Plant Fumlture Freehold pression and and Office Propety Chambor Equipment Equipment Total C08t Brought Forward Addition$ Disposals Carried FoThvard 264,222 39,884 22.244 69,226 6.576 392,152 7,150 6,576 385,002 Depreclatlon Brought FOard Charge for the year Eliminated on disp's Carried Forward 80.317 5,084 4,884 22,244 62,511 1,680 5,089 59,102 3,081 173,037 874 7.638 5.089 3,955 175,586 22,244 Net Book Valuo At 31,03.25 168 821 35,000 2,974 2,821 209,416 At 31.03.24 173905 35,000 6,715 3,495 219,115 The Improvements to Freehold Propety represent the cost¥ incurred for the major refurbishment of the Therapy Centre at Hewett Road, North End, Portsmouth. The WOfk8 were completed in 2008. STOCK Mar-25 Mar44 Goods for resale
Solant Multlple Sclerosl8 Theraple8 Llmlted Notss to the Accounts For the Porlod Ended 31 March 2025 10 CREDITORS: AMOUNTS DUE WITHIN ONE YEAR Mar-20 Mar-24 Taxalion and social security Accruals Other creditor6 1,779 3,667 4,852 1,094 5,946 11 LIMITEO LIABIUTY Every member of the company undertake8 to contribute to the assets of the company, in the ovent of the company being wound up, an amount not exceeding £1. 10
Solent Multlpla Sclerosls Therapies Llmlted Surnmary Income and Expendlture Account For the Perlod Ended 31 March 2025 Mar-25 Mar-24 Incom¢ 156,311 147,273 156.311 147.273 Expendlture Oxygen Splints Salaries Building and Equlpment Repalrs and Renewals 9,519 8,207 86,092 12.860 3.790 12,367 4,512 537 20,410 6,612 1,300 79,546 13.195 3.441 8,931 4,294 838 11.504 5,127 1,273 General off8 and Runnlng Costs Insurance Premlums Diet SLtpplement8,Vltamlns and Goods for Resale Provision of Physio and Therapist8 Fund Raising Expenses Professional Fees HMRC Penalty Depreciation 9,699 11,052 167,698 147 408 Net Surplu$l(Deficlt) for the Year 11,387 135 11
8018nt Multiple Sclarosls Theraples Llmlt8d Incom8 Detall For the Perlod Endod 31 March 2026 Mar-25 Mar-24 Bank interesl Book sales (Ziffit) Bonus ball Collections Communty events Corporate 9rants Direct debit donation8 Ebaylwintedlchanty Shop EPOIAPSIMa$ks Gift aid HDOT donation Indlvldual donatlong Induclion8 Ma80n8 donation8 Membershlp Natlonal lottery grant Office bottles Physlo donatlon Portsmouth lottery Reflex donalionB Solar p8nel payment Sponsored events Trust donation8 1,209 384 1,256 354 21.025 7.474 1.626 19.442 1.650 920 1.005 6.759 11,644 1.445 15,445 1,508 2,394 68,587 5,747 2,625 3.1e2 63.430 4,695 3,358 7,454 8,580 2,960 7,952 280 7,767 1,484 70 506 5,353 328 7,169 1,923 5,323 147 273 12
Solent Multlple Sclerosls Thoraplas Llmltsd Tharapy Analysls For the Period Ended 31 March 2025 Surplu81 (Deflcttl Donatlon$ Costg Physio 7,952 6,670 1,282 osteo Reflex 7,767 6,703 1,064 15.719 13.373 2,346 13
Solent Multlple Scler0818 Theraplos Llmlted Bank Analysi8 For the Period Ended 31 March 2025 Mar-26 Mar.24 Lloyd8 T58 Current account $8.015 8,378 CAF Bank accounts CAFCash account 22,493 Scottlsh Wldow• Bank 1.068 1,053 Alr Rocolver & D•lug• Tank Fund 26,864 HDOT Chamber emergency replacement reserve 87,215 86.415 Paypal 88 14 Total Bank Balances 146,387 145.217 Ca3h in hand 204 612 Total Bank and Cash 146 591 145 829 Balance per accounts 146,591 145,829 14
Solent Multipla Sclerosis Thorapios Limltsd Flxed Assets For the Period Ended 31 March 2025 Imp's to Com- Plant Fumiture Freehold Freehold pres8ion and and Office Property Property Chamber Equipment Equipment Total Cost Broughl Forward Additions Disposals Carried Forward 254,222 39,884 22,244 69,226 6,576 392,152 7,150 7.150 6,576 385,002 254.222 39.884 22.244 D•pr•clatlon 8rought Forward Charge fof the year Eliminaled on disp'8 Carried Forward 80,317 6.084 4,884 22.244 62,511 1,880 5,089 59,102 3,081 173,037 874 7.638 5,089 3,955 175,586 85,401 4,884 22.244 N•t Book Valu• At 31.03.25 168,821 35,000 2,621 209.418 At 31.03.24 173,905 35,000 6,715 3,495 219 115 15
Solent Multlple Sclerosl8 Therapies Limited Dotailed Income and Expenditure Account For the Perlod Ended 31 March 2025 Mar-25 Mar-24 Income 156.311 147,273 156.311 147,273 Dlrect Costs Fund Raising Costs Provision of Physio and Therapists 1888 contribution Oxygen 1&88 contribulion Splints EPO Payroll Costs 6,612 5,127 20.410 20.410 11,504 9,519 9,519 8,207 537 86.092 838 79.548 123,170 33,141 105,222 42,051 Gross 8urplu8 Overheads Building and Equlpmant Rapairs and Ranewal$ Utilities General Office and Running Costs Professional Fee8 HMRC Penalty DepreciationlL088 on dl8po8al Insurance 12,860 3,790 12,367 1,300 13.195 3,441 8,931 1,273 9,699 4,512 11,052 4,294 44,528 42,186 Net Surplu•l(Doflclt) for the y•ar 11,387 135 Bulldlng and Equlpment Ropalrg and Ranowal8 Repairs and Maintenance Building Chamber 8,745 4,115 12,860 13,915 General Offlc• and Runnlng Cogts staff Training Miscell8neou8 Telephone Postage and Stationery Computer Cost8 Subscriptions Bank charges Cleaning and Hygigne 1,022 1,103 819 708 4,223 480 3,472 220 314 323 3,689 12,367 16