COMPANY REGIST114TION NUMBER: 01944414 CHARITY REGISTRATION NUMBER: 518806 BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2023
BASIC - Brain and Spinal Injury Centre Limited CompaDy Limited by Guarnntee Financial Statements Year ended 31 March 2023 Page Trustees. annual report (in¢orwJrnting ihe directorfs rep)rf) IndepeTkleffl examinels p)rt io ihe trllstees Statement of financial activities (including income expeThliture account) li Ststement of financial position 12 Notes to the financial sthiements 13 The following pages do not forni part of the fiAan¢ial $ts¢em¢nts Dethiled staiement of finan¢ia] a¢tivities 27
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarant¢e Trustees. Annual Rert Uncorporating the Direttor's Report) Year ended 31 March 2023 The inleeS. who are also the diTectors for the purpK)ses of Company law. present iheir report and the unaudited financia] statements of the charity for the year ended 31 March 2023. Reference and administrative detsiL8 Registered tharity ngme BASIC- Brdin and Spinal Injury Centre Limited Charity registration number 518806 Company registration number 01944414 Principal office gDd registered 554 Eccles New Road office Salford Manchester M5 SAP The Trvste DM Yat¢s C Langman W Edge (retired 3111Y2022) C FAton Indepettdefjt eMminer M L Burge5S Simp50n Buoe5s Nash Limited Chartered Accountants Empress Business Centre 380 cheer Road Manchester M169EA Key m*na2emen¢ personnel D Keane CEO S Moss NeufffrphysiotherapisL Rehab manager P Emms Fundrnising and communications manager J Presion Café manager
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guaranlee Trnstees, Annual Report ncorPorating the Director's Report) (c Year ended 31 March 2023 Stru¢twrei goverDance and management Constitu¢¥on The OrganiSl0n is a charitsble company limiied by guarantK number 01944414, incortM)rated on 04 September 1985 and registered as a charity. number 518806, on 06 May 1987. The company is governed by its Memorandum and Anicles of Association iogether with any amendments which weTe adopted on its incorrx)ration. In the event of the company being wound up members are required to contribute an amount not exceeding £1. Method of Appointment or ElectiOD of Trusttts Trustees are appointed by the memtYs and one ihird of the true¢S lre annually by rotation at the AGM. New trustees undertake an induction prwess in order to brief them on their legal obligations under charity and company law. the structure. activities and proce55es of the charity and to meet key employees. Trustees are voluntary and receive no remuneration or financial benefiL Organi5ational Structure and DecisioD Making BASIC is an ind¢pend¢ni regisiered charity and company limited by guarantee with a Board of Trustees responsible for govemance. An external review of governance was undertaken (in 2020) resuliing in a StrenhenIng of the organisaiion. app)inthieni of a new Chair and two new trustees. The charity ¢urrently employs ten staff. In addition. we hav¢ self-employed $cIalIsts who work to help us meet Incre demand. The Trustee Board have responsibility for governance. 5tralegic development and the organi5alions effectiveness. A rolling strategic bUs1rSS plan agreed by the Board of Trustees sets out ihe future bu5ines5 intentions. Senior management provide regular update5 to the Board. Regular team meetings enable input inio developTnents and ensure efftuive communicaiion and smooth running of the OTganisation. Partnership Tvorking I. BASIC is affiliated to the Greater MarKhe5ter Clinical Neuroscience's at Salford Royal H05Pltals NHS Foundation Trust and takes referrals from clinical staff once patients are discharged from hospital. 2. BASIC has a service level agreemem with Greater Manchester Integrad Care Board. 3. BASIC is a member of the GM 1rfeged Stroke aThJ Neuro Rehabiliiation Delivery Networks.
BASIC- Brain and Spingl Injury Centre Limited Company LAmited by Guarantee TThstees' Annual R¢port (Ineorporating the Director's Report) (ContrVI) Year ¢nd¢d 31 Mareh 2023 S¢rnrtur< goveThan¢e and managemen¢ Risk M4ll4gement The trustees continue to assess the rnajor risks to which the chartty is exposed, in particular those r¢lai¢d to th¢ 0rationS and finances of the ¢harily. Regular review of organi5ationa] demand and resour5 ¢ontinu¢ to tske place in order to mitigate the charity's exposure to financial risk Objectives and a¢tivities Objectives and ctlvi¢ie& Puryoses and ims BASIC exists to serve people recovering from aquired brain and spinal injury and their familie5 and Ihose with long-ierni neurological conditions. The charity spttializes in Centre-based services for people who have undergone treatment for trdumatic head injury, brain haemohage, blain tumour, Stroke or similar neurological injury. The service a]50 supports people with long-iern) neurologi¢al Conditions to manage their symptoms. Our mission is to help m&ximise recovery and Self-aonOmY and redu¢e reliance upon primary and secondary ¢ar¢. We provide our servi$ from discharge from hospitsl up to relurn to work or meaningful activity in the ¢ommuniiy. Rehabilitation is provided through an integrdted package of services individually tailored, embracing a social model of disability- Services a designed around the whole per50n, their family. relationship& role5 and work to help people rebuild their lives. The charity employ5 qua]ified s1cla71Sts including a team of physiotherapists. BASIC is proud to ernploy and offer volunteer opportunities to beneficiarie5 of the charity. wiihout whom our ¢harity would not deliver to the same level. Those with lived-exFrien¢e provide a unique personal perspective of acquired brain injury and their journey of reLovery in both planning services and suprA)rting new clients. How our a¢tivities deliver pllblie beiefit The charity has tsken a'paiient lead, approach io developing services which has helped many hundreds of people ba¢k io work and many bUIld iheir lives. BASIC has invested in state-of-the-art virtual reality technology to speed up re¢overy from tnin injury and reduce its impact. The charity has seen 900/• of new clients indicaling that they have achieved at le&st one of their Fen&1 goals during the first twelve months of attendance (taken from Individu service evaluation questionnaires at assessment, Six and e1ve months 2022123).
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report Oncoryorating the Director's Report) ((wwedJ Year ended 31 March 2023 BASIC meets NHS England recommendations for pelson-rttr servitts (Commissioning Guidan¢e for Rehabilitaiioffj March 2016}. We f(v$ on go(NJ outromes ihat are S by our clienis and driven by their goals: We ¢entre on ¢lieni needs and not on iheir diagnosis We provide an a¢tive and enabling process We provide inter.disciplinary team working We respond to changes in people's needs We integrale specialist and generalisi servi We provide Cognitive and VOCaiÈonal rehabilitation We embrace cutting edge innovation We provide hope for the future SeTYires provided during 2022n3 Inforniation, Eduegtion and Advice - Assessment of needs and baseline data taken Education & inforniation Infonnation booklet5, handou online infomiation - Finance & money managemeni workshops Men¢41 kn1th servi¢es l emotlonal sllpport Èn person and online Cognitive Behavioural Therdpy (CBT) - Eye Movement Desensitization and Reprc¢essing (EMDR) Counselling - Self-help peer support groups infom)al support and mentoring Vo¢ation*l Rehabilitstion Pre-vo¢aiional rehabilitation services Advice and support on return to work - Vocational seSsMent arn1 counselling - Work placements and voluntary work - Brain injury education for employercl)I1Cags Cognitiv¢ rehabilitation - Cognitive training including memory managemerf. ¢onc¢ntratton and attention. re&%onin& judgement and planning. Work with ¢lient and th¢ir familylcarer to devise cognitive re-training at home Implementaiion of cogniiive strategie5 in the workplace - Memory management Supp group
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trn5tees' Annull Report ancorpornting the Direetor's Report) fc•fftiff Year end 31 March 2023 Objectives aDd a¢tivities Itwtitsc4J Body BASIC: Power Assisted Exereue Gym - 17 power-a5SiSted exercise machines and Vibrogym - Neuro-phy5iOtherapis1 assessment and re-&ssessment Support from physiotherapist and physical iherapists Specialisi rehabilitation for stroke patients - Specialist treadmill, harness and balance machine Hand ¢y¢ling wilh virtual scenery Exercise classes Aetelerated Inttraetive Recovery (AIR) Provides virtual reality technolo for physical and cognitive rehabilitation. BASIC uses ihe following technology at our Centre= l. Computer Assisted Rehabilitation Environment or CAREN 2. C-mill 3. Dynsthble Training eollrses & Thernpeutic Activities Managing memory problems - Memory sUPtM)rt group - Finance and Money Management - Brain HaernOhage support group - Stroke Support Group Volunteering & Vo¢ation*l A¢tivity Volunt¢¢ring and Vo¢ational activity coniinued in our kitchen. café and gym and expanded in to assisting wilh funciional operations of eptIOn. administration, fundraisin& maintenance and gardenin& our new EWAV travel service.
BASIC - Brain and Spinal Injury Centre Limited Compatty Limited by Gurant¢e Trustees, Annual R¢port Oncorporating the Dir¢¢tor's Rew•rt) Year ellded 31 March 2023 Achievements and rfornIae¢ Introduction of BASIC'S EWAV Travel Service During 2022 we were delighied io lawJ¢h our first Electric Wheelchair Acce$5ible Vehicle (EWA V) to enable our beneficiaries to iravel to and from OUT centre. The s¢rvi¢¢ was immediaiely very well used and has allowed many to a¢¢ess tr¢atsn¢nt who would have simply not been able to otherwise. one client has called the service 'life-changing'. The seNice quickly rea¢h¢d ¢apa¢ity and we were successful in our bid for further fundin& towards the end of ihe year. to purchase a second vehicle to expand our service. The vehicles have tren named Derek and Dorothy in memory of the found¢r and inspiration of BASIC. Outdoor exercise and rebabilitalion equipment During 2022 we were able lo continue to transfonn our therapy garden with the installaiion of outdoor exer¢ise and rehabilitation equipment utilising the shelter of our rentlY install¢d ¢anopy io encourage greater use of the garden. This is p)ssible du¢ io an ongoing generous grant from the Booths Chariti¢s. Trllstees BASIC'S fonner Chair and founder. Derek Gaskell, sadly passed away ift 2022 having recently retired as a trustee and holding a role as honorary ¢habr. tkrek was the original founder of the chariry in 1986 to suppx)rt the Neuros¢i¢nc¢s at Salford Royal NHS Trusi. The Charity was established after Derek's wife Dorothy. suffered a brain haeM0hage and underwent life-saving brdin surgery. In those days there was little offered in terms of rehabililation and the horror of ihis experience prornpted D¢rek to establish a charity. Sadly. tk)rothy passed away only months after her husband tkrek in 2022. During 22123 Wendy Edge. our previous Chief Execuiive. continued to assist the Charity in transition on the board of trustees. serving alongside continuing trustees Dianne Yate5. Clive Langman and Chris Eaion, kfore retiring at the end of 2022. Trustees are planning for recruitrnent of further trustee5 to join them over the next year.
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guaranttt Trustees, Annual Report OneorporatiDg the Director's Report) Year ended 31 March 2023 FiDaneial review Financial Review 2022r23 The financial Climate for Charities continues to be ¢hallengin& and we continue to manage our operations and resour ¢arefully. The Lx)ard made the decision to repay a loan from reserves in year due to increasing interest rdte5 and the corre5wKling increasing loan payments. . Restryes policy The Trustees have established a policy whereby the unre5tried funds noi comTnitted or invested in tangible fixed assets held by the charity. should be up to six monttts of the resources expended and the trusiees consider the Ltncommitted reserves at 31 March 2023 of £202.881 to be adequ&e for this purpose. This will enable us to continue activitie5 of the charity in the event of significant drop in funding. A strategy 15 in place and is regularly monitored and reviewed in order io ensu the financial Sustsinability of the charity. Hans for future periods Future Strategy Trustees and managemeni have i*en successful in steering the charity through the pandemic and are now very aware of the l&siin8 lewy. th In t¢mis of demand on services and impact on finances - both as an organisation and the abiltty of many nefICiarieS to contribute towards Ihe cost of service5. Our focLL8 remains on removing the barrieTS io a¢¢essing services. ixith financially and physically. We endeavour io provide ac¢ess to range of Servi to all that n¢¢d us. regardl$ of the ability to conlribute iowards costs. We plan to further expand our newly commissioned Electric Wheelchair Accessible Vehicle (EWA V) travel service over the next year to help overcome the barriers of the lack of affordable. aessIble. safe and Convenient transportation. We are committed to providing the rnost appropriate equipmenL environmeni and technology available to as51St our beneficiaries and plan to continue to invesi. renew and renovate over the coTning years. including a new 8SSi5ted gym. Our ongoing challenge is that of sStaInable fundin& and we are working collaboratively io build meaningful partnerships with other l(Kal organisations in publi¢. voluntary and private sector5 to enable this. We eominue to build with our supporter base by being trdnsparent aEL)ut how the charity runs and spends its income.
Small company provisions This repon ha5 been prepared in accordance with th¢ provisions applicable to companies entitled to the sma]I companies exemption. I).. IZ.33.and sig on behalf of the board of trust¢es The trustees, ayynual report wa5 approved on.. . by.. D Yates Chairper50n
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guaranttt Independent Examiner's Report to tbe Trustees of BASIC- Brain and Spinal Injury Centre Limited Year ended 31 March 2023 I report to the InteeS OD my examination of the fiDaDcial statements of BASIC - Braio and Spinal Injury Centre Limited Cthe charity,) for tbe year ended 31 mCh 2023. Responsibilities and basis of rei As the trustees of the company (and a150 its direc[5 foT the TpOSe$ of ¢ompany law) you are responsible for the preparation of the financial ststemeDts ID a¢¢ordance wtth tbe requirements of tbe Companies Act 2)6 (Ihe 2006 Act.). Having satisfied myself that the accounts of the company are It reqwred to be audited under Part 16 of th¢ 2006 Act aBd are eligible for iDdep¢ndenl examitiatiott. I report in Tespect of my examination of the ¢harity's a¢¢ouiiLS as ¢arried oui under s¢¢tion 145 of the Charities Act 2011 ('the 2011 Act.). In carrying out my examination I have followed the Dire¢tions given by the Charity CollLEnission under sectiOO 145(5)(b) of the 201 1 ACL Independent examiner's statement- mtttr of toncern identified Sin¢¢ the cbarity's gross income ¢xceeded £250.{ your exarntt must be a member of 4 ix)dy listed in section 145 of tbe 2011 Act. I cotLfirni that l am qualftfied to uttdertake the examination b¢¢awse I am a member of the Institute of Chartered AccouDtants in EDglaDd and W3l¢s (ICAEW). wbi¢h is one of the listed bodies. The cltarity's gross inconK exceeds £250.(KIo and l qualified to undertake the examination by being a qualified member of the Institute of Chartered A(owitsnts in England and Wales. I Conf that ao otber matters bave come to my attentiou io ¢oone¢tion with my examination giving me ¢2use to believe that in aDy material respect: accounting records were not kept in reSpt of the ¢harity as requir¢d by sectioll 386 of the 2006 Ac¢ or the fiDao¢ial st8tem¢nts do noi accord with those records. or the fiDaDcial statements do Dot comply with the accountiog requirements of section 396 of the 2006 Act other than any requirement that tbe a¢counts give a 'true and faie view which is not a matter considet¢d ¥ part of an independent examination" or tbe f)cial strtemeots bave not Ixeo prepared in accordance with tbe methods and prin¢iples of the Statrment of Recommended Practice for accounting and reportiDg by charitses appts"¢able to chartties preptiTiti8 their accounts in accordance with the Financial Reporting Stattdard applicable in the UK aDd Republi¢ of Irelmnd IFBS 102).
BASIC - Brain and Spinal Injury Centre Limited Company Limited by GuarnDtee Independenl Examiner's Report to the TTUStees of BASIC- Brain and Spinal Injury Centre Limited Year ended 31 March 2023 I confim) that there are no other matter5 to which ywr attention should drawn to enable a proper understanding of the accounts to be reached. M L Burgess Independent Examiner Associate- Institute of Chartered Accountants in England and Wa]&s Simpson Burgess Nash Limited Empress Business Centre 380 cheSr Road Manchester M169EA Date . io-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Stafemenl of Financial Activities (ineluding ineome and expenditure account) Year ended 31 March 2023 2023 Reuricted funds Totsl fuDds Tota] funds 2022 Unrestricted funds Note Income and endowmettts Donations and legacies Charitable activities Other trading activities Investment income 95.354 58.898 19.024 239 84.517 59.892 179,871 118,790 19,024 239 173.324 115,541 19.760 Total income 173,515 144.409 317,924 308.625 Expenditure Expendtiure on raising fuFMIs- Costs of rnising donaiions and legacies Costs of other trading activitie5 Expenditure on charitable activities Other expenditure Totsl expettditure 13.880 3.024 95.666 13,880 3,024 260,873 17.710 2.778 288.205 5.523 io 11,12 14 165.207 12.570 165.207 277,777 314,216 Net (expeDditureyiDcome 60.945 (20.798) 40,147 (5.591) Transfers betw¢en funds 36.449 (36.449) 17,630 Ne¢ movement in funds 97.394 (57.247) 40.147 (5.591) Reeon¢ili*tion of funds Tota] fUlS brought forward Totsl funds carried fonvard 747.405 91,127 838532 844.123 844,799 33,880 878,679 838,532 Th¢ statement of financial activities includes all gains and losses reLognised in the year. All income and expenditure derive from coniinuing tI¥ll7eS. The nole5 on pages 13 to 25 forni part of tbese financial ststemell li-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Stat¢m¢nt of Financial Position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed assets 19 641.918 612.901 Current assets Stocks Debtors C&sh at bank and in hand 20 21 652 3,120 24S082 987 4.525 294,139 299.651 24&854 Creditors: amounts falling within one ye4r Net current awts 22 12.092 31,446 268.205 23A761 Total ets less eurrent liabilities 87&679 881.106 Creditors: amounts fglliDg due after more than one yr 42,574 838,532 Net assets 87&679 FndS of th¢ ¢harity Restiicted funds Unrestricted funds 33.880 844.799 878,679 91.127 747.405 Total eharity funds 25 838.532 For the year ending 31 March 2023 ihe charity was entitled to exemption from audit under section 477 of the Companies Aci 2CQ6 relaling to sma]I companies. Directors, reS)nSIbl11tIeS'. The members have not required the company to obtain an audit of tts financial ststemen¢s for the year in question in accordance with section 476- The directors acknowledge their resp)n5ibilities for cornplying wilh the requirements of the Act with respect to accounting records and ihe pretion of financial siatements. These finan¢ial stst¢ments have been prepared in acrdanCe with the provisions appIlble to companies subject to the small companies. regime. cial ststements were approved by the FK)ard of trustees and authorised for i55ue on and are signed on behalf of the board by: D M Yates Chair The notrs on pages 13 to 25 form p#rt of these finncil 5titemeDt& 12-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee NotLs to the Finaneial Statements Year ended 31 Marth 2023 General infonnjtio The charity is a public benefit entity and 8 PriVe company limited by guardntee. registered in England and Wales and a registered charity in England and Wales. Tr add$5 of the registered office is 554 Eccles New Road. salfd. Manches*r. M5 SAP. Statement of cohnpiiattee These financial statements have been prepared in compliance wilh FRS 102. 'The Pinancial Reporting Standard applicable in the UK and the Republi¢ of [land,. the Ststement of Recommended Practice applicable lo charitie5 preparing their accounts in cOrdanCe with the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Aci 20(. Aeeounting tel¢S Basi$ of prep¥ratio The financial statements have been prepared on the hIOrical cost basis. The financial statements are prepared in sterl1 which is the functional currency of the entity. Going eoneern There are no materia] Uncertainti aFKgut cknity's ability to continl. Judgements gmd key sources ofestimation UDcertainty In the appli¢ation of th¢ ch8riry'5 acwunting wlici¢s. the members are required to make judgements, estimates and sUMPtiOnS atrx)ut the carrying amounts of &ssets and liabilities that are not readily available from other sources. The esiimates and &ssociated umpI10n5 are based on historical experience and other factors that are considered io be relevant. Actual results may differ from these ]Me5. The estimate5 and underlying a55umption5 are reviewed on an ongoing basis. Revisions io ac£ounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and fu periods if the r¢vision affects both ¢urr¢ni and fVre periods. During year. there were no judg¢m¢nts in applying the ac¢ounting wlicies and key sources of estimatiort uncertainty which materially affected the financial statements. 13-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Noles to the Financial Statements Year ended 31 March 2023 e¢ounting policies le4 Fund a¢¢ounting Unrestricted funds are available for use at the discretion of the tnL5ttt5 in furtherance of the chariiable objectives of the charity. Designaied fuThts are unrestrled funds eamarked by the trusiees for particular purposes. Restried funds we io be used for specifi¢ purposes as laid down by the donor. Expenditure which meets ihese ¢riria is ¢harged to the fund. In¢oming reUrCeS All incoming resource5 are included in the statement of finartial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policie5 are applied lo particular categories of income: Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financiai arlivities when receivable. Grants where entitlement is not conditional on the delivery of a specific perforniance by the charity, are recognised when the charity becomes uncondilionally entitl¢d to the grant. Donated service5 and facilities are included the value to the chariiy where this can be quantified. The Val of servi¢es provided by volunteers h&$ not been included. Gifts donated for resale are included as incoming resources within a¢tivities for genernting funds when they are sold. Grants, including grdnts for ihe purchase of fixed assets, are rewised in full in the stat¢ment of financial activities in the year in which they are receivable. Income from the charity shop. cafe and investments are included in the year in which they are receivable. Legacies are inclutsl when the charity 15 advised by the personal representstive of an estsie that paymeni will be made or property transfeTred and ihe amounl involved can be quantified. 14-
BASIC - Brain and Spinal Injury Centre Limited CompaDy LimiteAI by Guarante¢ Notes lo the Financial Statements (f•*wte4J Year ended 31 March 2023 A¢¢ouDting polieies Re50urcu expended Expenditltre is recognised on an accrual basis Is a liability is incurred. ExperHliture In¢1e$ any VA T which cannot be fully recovered. and is retM)rted part of the expendilure to which it relaies. Costs of generating funds comprise the costs &ssociated with attrdcting voluntary income and ihe Costs of trdding for fundrdising pur. Charilable expendilure comprises those costs irKurred by the charity in the delivery of its activities and service5 for its beneficiaries. It includes both cosls th can be ailocated dir¢¢ily to such activities and fhose co$ of an ind2rea naiure necessary io support them. Fundraising costs are thos¢ incurred Trn seeking voluntary Contributions and do not include the costs of disseminating infomiation in suppon of the charitsble activities. Support costs are those costs incurred directly in suptx)rt of expenditure on the objects of the charity and include project management. There are a number of costs. including sthffing costs. where it 15 impractical to allocate these costs precisely between administration and charitable exFtnditure and the trustees have allocated such costs on the basis of reasonable estimates as follows: Stsfring and related expenses- On the b&%is of5dary costy and hour5 spent on different athivilies Premises costs and related expenses - Based on an estimate of employee xtivity or space ¢upied Oper4tSng le4ses Lease payments are recognised an expense over the lease terni on a straight-line basis. The aggregate benefit of le&se incentive5 is recolsed as a reduction to exFn5e over the lease term, on a straighi-line blsis. Tangible assets Tangible lssets are initially recorded at cosl and subsequently stated at cost less any accurnulated depreciation and impairnient10s5es. Any tangible asseis wried at revalued amounts are recorded at the fair value at the date of revaluation less any 5ub5equent accumulated depreciation and subsequent accumulated impairnieni losse& 15-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 Aceounttng wtylicies Tangibl¢ assetscrnn•wc An Incre in the Carrying amount of an asset as a result of a waluation, is re¢wised in other recognised gains and losses. unless it reverses a charge for impairment that has previously bee recognised as expenditure within the ateMent of financial activities. A decrease in the carying amount of an asset &$ a result of revaluation. is recOlS¢d in other retognised gains and losses, ex¢epr io which il offsets any prtvioS revaluation gain, in which cw the loss is shown within other recognised Eains and losses on the ststement of financial activilies. Depreciation Lkpreciation is calculated so as to wrrte off the ¢ost or vaiuatfron of an asseL less its r¢sidual value. over the useful ewnomic life of that asset &5 follows: Freehold property Fixlures and fittings Motor vehicles Equipment IYO Straight Sine 150/0 reducing balan¢e 25Y• reducing balan¢e 15% reducing balance ImpairnieTrt of fixed auets A review for indicator5 of impairment is Carried out at each r¢p)rting date. with ihe rewverabl¢ amount being estimated where su¢h indicators exisi. Where the carrying va]u¢ ex¢eeds the recoverable amourtt, the asset is impaired accordingly. Prior impairnents are also reviewed for p)ssible reversal at each reporting date. For the PUTposes of impairment testin& when it is not pxwible to estimate the recoverable amouni of an individual assei. an estimate is made of the recoverable amount of the ca5h- generating unit to which the asset belongs. The ca5h-generaling unil is the STnailest identifiable group of assets ihat includes the assei and genernies wh inflows that largely independent of the cash inflows from other assets or groups of a8se St¢xks Stocks are measured at the lower of Cost and estimated selling price less Costs to complete and sell. Cost include5 all costs of pur¢hase. costs of conversion and other costs incurred in bringing the stock to its preseni I110n condition. inaneial instrnments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of ihe instrument. 16-
BASIC - Brain and Spinal Injury Centre Limited CompaDy Limited by Gu2rnntee Notes lo the Financial Stst¢m¢nts (tAKMedJ Year ended 31 March 2023 Aeeouttting wlicies Flnan¢il instrum¢Dts (0J¢4 Basic financial instruments are initially recognised at the amouni re¢eivable or payable including any r¢lated transaction costs. Current assets and current liabilities are subsequently measuyed at the c&sh or other consideration expected to paid or received and not diUnted. Debt instruments are subsequently measured at amorfised cost. DtfiDed contribution plans Contributions to defined contriblon plans a recognised as an expense in the period in which the related service is provided. Ppaid ¢ontribuiions are recognised a5 an assei io the extent that the prepayment will lead io a redu¢tion in future paym¢nts or a refund. When contributions are not eXcted to Ix settled wholly within 12 months of the end of the reporting date in which the employees render the related service. the liability is mwured on a discounted present value basis. The unwinding of the discount is ttcognised an expense in the period in which it arises. Taxtioo The charity is exempt from corporation tax on its chaTithble a¢tiviii¢s. Limited by gur4ntee BASIC - Brnin and Spinal Injury Centre Limited is a cornpany ITmited by guarantee and accordingly does not have a share ¢apiial. Every member of ihe company undertakes to contribute such amount as may required [1 ¢xc¢¢ding £1 to the assets of the charitable company in the event of its beinE wound up while he or she is a member. or within one year after he or she ceases io be a m¢mtrKr. 17-
BASIC- Brain and Spingl Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements {c••wedJ Year ended 31 March 2023 Donations and leytie5 Unrestricted Funds Restricied Totsl Funds Funds 2023 Donatlolls IlDd legaci Donations and legacie5 95.354 95J54 Cran¢$ Grants e1ved 84.517 84J17 95.354 84.517 179,871 Unrestricted Funds Reslricted Total Funds FuT¥J5 2022 Donations and legacies Donations and legacies 19.644 19.644 Grants Grants received 2.763 22.407 150,917 150,917 153.680 173.324 21)23 Grants for restri¢*d purposes: Salford CCG Medicash Lloyds foundation Salford CVS MSE Charity Booths chariiies {59W2) {6.000} (2250) {58080} (4.739> {12,648) Totat (144,409) 18-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements Y¢8r end¢d 31 March 2023 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2023 Perforniance-related grants Body B&sic rnembeTship fees Brdin and Spinal Injury Centre activitie5 CAREN income 59.892 S9,892 I763 18J83 22,952 11&790 17,563 18J83 22.952 58.898 59.892 Unrestricted Funds Restricted Total Funds Funds 2022 Performance-related grants Body Basic memEership fees Brain and Spinal Injury cent a¢tivities CAREN in¢om¢ 1,205 10.960 4,435 6.323 92,618 93.823 10,960 4,435 6,323 115.541 22.923 92.618 Other trnding activities Unrestricted Total Funds Unreslricted Total Funds Funds 2023 Funds 2022 Fundraising events Cafe income Room hire Health food sales 15.106 2.375 1.480 63 15,106 2J75 1,48Q 63 12.852 4.545 1.3 1,063 12.852 4,545 .300 .063 19.760 19.024 19.024 19,760 Investment ineome Totsl Funds Total Funds 2023 2022 Bank inierest receivable 239 19-
BASIC - Brain and Spinal Injury Centre Limited Company Limit by Guarnnte¢ Not&8 to the Financial Statements {t•Ntiwe4 Yr end¢d 31 March 2023 Costs of rai$iDg donations and legacies Unrericted To¢1 Funds Unrestricied Totsl Funds Funds 2023 Funds 2022 Donations - wages aThl salaries Donations - pension Costs Donations - res & Wer Donations- light & heat Donations- repairs & maintenance Donations- motor and travelling costs Donations- telephone Donations - d¢preciaiion Donations- oth¢r ¢xpenses 8.938 8,938 1,160 142 679 361 31 282 2357 30 14.561 1.755 162 533 305 412 480 14,561 1.755 162 533 305 412 480 803 (1.301) 17.710 142 679 361 31 282 2.257 30 (1.301) 17.710 13.880 13080 10. Costs of other trading wctivities UnrtSlri¢ted Totsl Funds Unrestri¢ied Total Funds Funds 2023 Funds 2022 Health foods- opening stcck Health foods- purch&ses Health f¢)ods- closing o¢k Events- wages and salaries Events- pension costs Events- rates & water Events- light & h Events- repairs & maintenance Events- insurance Events- other motor and travel )Sts Events- lelephone Events- Other office Co$ 987 150 248 (987) 693 150 248 (987) 693 92 162 533 305 39 824 480 239 (652) 426 61 142 679 962 48 61 282 28 (652) 426 61 142 679 962 162 533 305 39 824 480 239 61 282 28 3.024 3,024 2.778 2.778 -20-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by GuaraDtee Notes to the Finan¢ial Statements Year ended 31 Marcb 2023 11. Expenditure on eharitalde x¢tivitits by fund type Unrestricted Restricted Tot21 Funds Funds Funds 2023 Body Basic activities Brain alld Spinal Iojuries Cetttre activitkes Support ¢osts 20.479 33.418 5.320 20,479 235,074 SJ20 260,873 201.656 59217 201,656 Unrestri¢ted Funds Restricted Total Fun Funds 2022 Body Basic gym activities BraiD and SpiDal injuries Ceutre aclivities Support ¢osts 24.997 51,932 4261 81.190 714 206JOI 25,711 258.234 4260 288.205 207.015 12. Expenditsre OD tharitgblt #etivities by activity ty Activities Undertaken directly Support costs Total funds 2023 Total fiJDd 2022 . Body Basi¢ gym activities Brain and Spin31 Injuries Centre activities Govenwi¢¢ costs 20.479 20,479 25.711 235.074 235,074 5J20 260,873 258,234 4.260 288.205 5J20 5.320 255.S53 13. Analysis of support costs Centre tivities Totsl 2023 Total 2022 5.320 5J20 3,557 14. Other expenditure Unrestricted Total FuDds Unrestricted Total Funds FUD 2023 Funds 2022 Loss on disposal of trngible fixed assets beld for charl5 o.y.iise 5.523 5.523 -21-
BASIC - Brain and Spinal Injury Centre Limited Cornpany Limited by Guarantee Notes to the FiDgn¢ial Ststrment$ Year ended 31 Mgrch 2023 IS. Net incomel(expendithre) Nei iti¢omel(expenditure) is ststed after charg1(creditIg). 2023 2022 Depreciation of tangible fixed &ssets Loss on disposal of tangible red awts 39.697 38.749 5.523 16. IndepeDdeDt examllla¢io• fees 2023 2022 Fees payable to the independent examiner for: Jndependent examination of the financial statements I00 1.500 17. Staff costs The total staff ¢(ksts and employee benefits for the reporling period are aDaly5ed as follows: 2023 2022 Wages and salaries Employer Contributions to pension plans 172,205 3,052 204,800 3.307 208.107 175357 The average bead count of eEDployecs duJiDg the year was 10 (2022: 12). The average number of full-lime equivalent employees during the year is analysed as follow5.' 2023 No. 2022 Number of servi¢e providers 8Dd administratioo io 12 No employet Teceived employee benefits of more than £60.OIX) during the year (2022: Nil). 18. Trnstee remuDeratioD and upeD5es Trustees The trustees did not receive any remuneration (2022 £nil) neither were they reimbwsd expeDS¢S during the yew (2022 £nil). Wendy Edge. a trtee. Wds paid £1.550 for Clinical services Tendered during the year. -22-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 Mareh 2023 19. Tongibl¢ Ilxed assets land and Fixiures and buildings rittings Motor vehicles 4uipment Totsl Cost At l April 2022 Addilions 510.202 95.194 5.499 696,551 28.220 724.771 IJOl,947 68,714 I J70,661 34.995 34,995 At31 March 2023 510,202 100.693 Depreciation Ai l April 2022 Charge for the year A¢ 31 MArth 2023 99.025 5.102 78.602 2.889 511.419 28.790 540.240 689,046 39,697 728,743 2,916 2.916 104,127 81,491 Carrying amount A¢ JI Mareh 2023 406.075 19,202 32.079 184.531 185.132 641,918 612,901 At 31 March 2022 411.177 16.592 20. Stocks 2023 2022 Goc#ls for re$e 652 987 21. Debtors 2023 2022 (hher debtors J.120 4,525 22. Creditors: amounts falling due within One year 2023 2022 Bank loans Social security and other e$ Other ¢reditors 23.835 4.714 2,897 5,922 6,170 12,092 31,446
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Ststements (UAtiA¥dJ Year ended 31 March 2023 23. Credilors: moullts fallÉng due 4fter more than one yur 2023 2022 Bank loans 42.574 Th¢ bank loan was secured on ihe freehold property. 24. Pensions and other pjst re¢Sr¢m¢nt ben¢fits Defined contribution plaDs The amount Tecognised in inrne or expenditu an eXpere in relion to defined contribution plans was £3.052 (2022-. £3.307)- 25. Analysis ofeharitable fuDds Unrestrieted funds Al April 2022 At31 Transfers March 2023 Income Expenditure Unrestricted income funds Unrestri¢ied designated Funds 710.897 173.515 (104.274) 780,138 36.508 {8.296) (112.570) 36.449 64ffj61 747.405 173.515 36.449 844,799 The designated fund represents the net book Val of tangible fixed assets which were purchased using restricted funds but as all restrictions have in meL the assets a not restri¢ted. Transfers Tele to those purchased in the Curreni year. Restricted fun(ts At l April 2022 At31 Transfers M9rch 2023 Income Expenditure Restricted fuTKIs 91.127 144.409 (165.207) (36,449) 33080 The purpose of restricted funds derived from donions received h&5 been to fund the purchase of fixed assets and to meet ihe co* of salaries and oiher centre costs. In each case the income has been applied to the expenditure in accordance with the restriction5. -24-
BASIC - Braln and Spinal Injury Centre Limited Company Limited by Gu#raDttt Notes to the FiDaDcixI Statements Year eaded 31 March 2023 26. Analysis of net assets between funds Unrestricted Restri¢ted Total Funds Funds Funds 2023 Tangible red assets Current &ssets Creditors less than l year Net *tsets 641.918 214.974 (12,093) 844.799 641,918 248054 (12,093) 878,079 33.880 33.880 UDrestricted liestricted Total Funds Funds Futtds 2022 Tangible fixed assets Current assets Creditors less th8n l year Creditors ter ihan l year Net assets 612.90I 208.524 {31.446) (42.574) 747,405 612.901 299.651 (31.446) (42.574) 838,532 91,127 91.127 27. Operating lease eommitrnents The tal fisture minimum lease payments under Don-caDcellable opernting leos¢s are as follows: 2023 2022 Later than 5 years 1,188 4.080 28. Related parties See note 18 for related party traDsa¢tions. -25-