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 Ha￿er 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 reqU1￿ments 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 R￿ar¥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