COMPANY REGISTRATION NUMBER: 01944414 CHARITY REGISTRATION NUMBER: 518806 BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2024
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report {incoTporating the director's report) Independent examiner's report to the trustees Statement of fJnan¢ial activities (including income and expenditure account) Statement of financial position 12 Notes to the financial statements 14
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report Uncorporating the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law• present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and administrative details Registered charity name BASIC - Brain and Spinal Injury Centre Limited Charity registration number 518806 Company registration number 01944414 Principal office and registered 554 Eccles New Road oiflce Salford Manchester M5 SAP The trustees D M Yates C Langman C Eaton Independent examiner M L Burgess Simpson Burgess Nash Limited Chartered Accountants Empress Business Centre 380 Chester Road Manchester M16 9EA Key management personnel D Keane P Farrell CEO Interim operations manager
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) {¢Oll¢in¥ed) Year ended 31 March 2024 Structure* governanee and management Constitution The organisation is a charitable company limited by guarantee, number 01944414, incorporated on 04 September 1985 and registered as a charity. number 518806, on 06 May 1987. The company És governed by its MemoranduEn and Arti¢les of Association together Wlth any amendments which were adopted on its incorporation. In the event of the company being wound up members are required to contribute an amount not exceeding £1. Method of Appointment or Election of Trnstees Trustees are appointed by the members and one third of the trustees retire annually by rotation at the AGM. New trustees undertake an induction process in order to brief them on their legal obligations under charity and company law. the slructure, activilies and processes of the charity and to meet key employees. Trustees are voluntary and receive no remuneration or financial benefit. Organisational Structure and Decision Making BASIC is an independent registered Charity and company limited by guarantee with a Board of Trustees responsible for govern¢¢. An extemal review of governance was undertaken (in 2020) resulting in a strengthening of the orgaThisation, appointment of a new Chair and two new trustees. The charity currently employs eight staff. In additKon, we also have self-employed specialists who work to help us meet increased demand. The Trustee Board have responsibtlity for governanc¢, strategic development and the organisations effectiveness. A rolling strdtegic business plan agreed by the Board of Trustees sets out the future business intentions. Senior management provide regular updates to the Board. Regular team meetings enable input into developments and ensure effe¢tive communication and smooth running of the organtsation. Trustees BASIC'S forn]er Chair and founder, Derek Gaskell, sadly passed away, having recently retired as a trustee and holding a role &s honordry chair. Derek was the original founder of the charity in 1986 to support the Neurosciences at Salford Royal NHS Trust. The Charity was established following DeTek'5 wife Dorothy, suffered a brain haemorrhage and unden¥eni life-saving brain surgery. In those days there was littl¢ offered in lerms of rehabilitation and the horror of this experience prompted Derek to establish a charity. Sadly, Dorothy passed away only months after her husband Derek. Dianne Yates, Clive Langman and Chris Eaton have continued to serve the charity &$ Trustees and Directors and are planning for recruitment of further trustees to join them.
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (cofviinued) Year ended 31 March 2024 Partnership working: I. BASIC is affiliated to the Greater Manchester Clinical Neuroscience's at Salford Royal Hospitals NHS Foundation Trust and takes referrals from clinical staff once patients are discharged from hospital. 2. BASIC has a service level agreement with Greater Manchester Integrated Care Board. 3. BASIC is a member of the GM Integrated Stroke and Neuro Rehabilitation Delivery Networks. Risk Management The Érustees continue to assess the major risks to which the charity is exposed. in particular those related to the operations and ftnances of the charity. Regular review of organisational demand and resources continues to take place in order to mitigate the Charity's exposure to financial risk.
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (cowllnued) Year ended 31 March 2024 Objectives and activities Objectives and activities, Purposes and aims BASIC exists to serve people recovering from acquired brain and splnal injury and their families and those with long-term neurological Conditions. The charlty specializes in Centre-b&sed services for people who have undergone treatment for trnumatic head injury. brain haemorrhage. brain tumour, Stroke or similar neurological injury. The service also supports people with long-tern] neurological conditions to manage their symptoms. Our mission is to help inaximize recovery and self-autonomy and reduce reliance upon Primary and secondary car¢. We provide our services from discharge from hospital up to return to work or meaningful activity in the community. Rehabilitation is provided through an integrated package of services individually tailored, embracing a social model of disability. Services are designed around the whole person, their family, relationships, roles and work to help people rebuild their lives. The charity employs qualifted specialists including physiotherapists. BASIC is proud to ¢mploy and offer Yocational and volunteer opportunities to beneficiaries of th¢ charity, without whom our charity would not deliver to the same level. Those with lived-experience provide a unique personal perspective of acquired brain injury and their jouiney of recovery in both planning services and supporting new clients. How our aetivities deliver public beneflt The charity ha5 taken a'patient lead, approach to developing services which has helped many hundreds of people back to work and many rebuild their lives. BASIC has invested in state-of-the-art virtual reality technology to speed up re¢overy from brain injury and reduce its impact. The charity has seen over 95 /0 of new ¢lients indicating that they have achieved at least one of their personal goals during the first twelve months of attendance (taken from individual service evaluation questionnaiTes at at assessment, six and twelve months 2023124). BASIC meets the NHS England recommendations for person-centred services (Comrnissioning Guidance for Rehabilitation, March 2016). We focus on good outcomes that are set by our clients and driven by their goals. We centre on client needs and not on their diagnosis We provide an active and enabling process We provide inter-disciplinary team working We respond to changes in people's needs We integrate specialist and generalist service We provide cognitive and vocational rehabilitation We embrace cutting edge itmovation We provide hope for the future
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (¢ortdnuedJ Year ended 31 March 2024 Objeetives and activities {¢onrfntsed) Services offered during 2023124: Inforniation, Education and Advice - Assessment of needs Education & information - Information booklets, handouts, online inforniation - Finance & money margement workshop Mental health services l emotional Support in person and online Self-help - Peer support groups - InfOrnl support and mentoring Well-being sessions - Counselling and talking therapies Vocational Rehabilitation in person and online Pre-vocational rehabilitation services - Advice and support on turn to work - Vocational assessment and counselling - Work placements and voluntary work - Brain injury education for employerslcolleagues Cognitive rehabilitation Cognitive training including memory management, Concentration and attention. reasoning. judgement and planning. - Work with client and their family/carer to devise cognitive ie-training at home - Implementation of cognitive stralegies in the workplace - Memory management support group Body BASIC: Power AlSted Exercise Gym - Power-assisted exercise machines - Neuro-physÈotherapist &ssessment and re-assessment Support from physiotherapist and physical therapists Specialist rehabilitation for stroke patients Specialist treadmill, harness and balanc¢ machine Hand cycling with virtual scenery Exercise classes Aeeelerated Interactive Recovery (AIR) Provides virtuaI reality technology for physi¢al and cognitive rehabilitation. BASIC uses the following technology at our Centre: l. Computer Assisted Rehabilitation Environment or CAREN 2. C-mill 3. Dynstable
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report (Incoryorating the Director's Report) (conlinued) Year ended 31 March 2024 Objectives and activities (conrfnued) Training Courses & Therapeutic Activities - Managing Memory Problems - Memory Support Group - Finan¢e and Money Management - Brain Haemorrhage Support group Stroke Support Group Volunteering & Vocational Activity Volunteering and vational activity continued in our kitchen, café and gym and expanded in to assisting with functional operations of reception, administration, fundraising, maintenance and gardening, and our Thew EWAV travel service. Achievements and performgn¢e Expansion of BASIC'S Travel Service During 2023124 we were delighted to expand OUT Electric Wheelchair Accessible Vehicle (EWAV) travel service to enable our beneficlaries to travel to and from our centre. The service continues to be very well used and has allowed many to acc¢ss treatment who would have simply not Ien able to otherwise, one Client has called the service 'life-changing'. The service had quickly reached capacity and we managed to secure further EWA V provision to expand our service. The vehicles have been named Derek and Dorothy in memory of the founder and inspiration of BASIC. Our new Assisted Gym Our new assisted gym, mentioned in last years report as a future project, has now been fimded and is on order, supported by the Booths Charities and other funders. We have now establAshed a temporary gym space in the centre whilst our fuller gym renovation and new equipment is installed over the coming months. Financial review Finaneial Review 2023124 The financial climate for charities continues to be challenging, and we continu¢ to manage our operations and resources carefully. We have managed to maintain the charity well, investing in new equipment and services, which is seeing positive impact on the recovery of our Ixneficiaries. Reserves policy The Trustees have established a policy whereby the unrestricted funds not committed 01 invested in tangible fixed assets held by the charity. should be up to six months of the resources ¢xpended and the trustees consider the uncommitted reserves at 31 March 2024 of £346,452 to be adequate for this purpose. This will enable us to continue activities of the charity in the event of significant drop in funding. A strategy is in place and is regularly monitored and reviewed in order.
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Trustees, Annual Report (Ineorporating the Director's Report) (¢onHnthed) Year ended 31 March 2024 Plans for future periods Future Strategy Trustees and management have been su¢cessfvl in steering the charity through the pandemic and are now very aware of the lasting legacy, both in tern]s of demand on services and impact on finances - both as an organisation and the ability of many beneficiaries to contribute towards the cost of services. Our focus remains on removing the barriers to ac¢essTng services, both finan¢Aally and physically. We endeavour to provide access to range of services to all that need us, regardless of the ability to to Conlribute towards costs. We plan to continue to expand our newly commissioned Electric Vehicle travel service over the next year to help overcome the barriers of the lack of affordable, accessible, safe and convenient transportation. We are Cmitted to providing the most appropriate equipment, environment and technology available to assist our beneficiaries and plan to continue to invest, renew and Tenovate over the coming years. The next year will focus on bidding for new accessible bathroom facilities and renovations at the ¢entre to make our space more usable and a¢¢¢ssible. Our ongoing challenge is that of sustainable revenue funding, and we ar¢ working collaboratively to build meaningful partnerships with other local OTgani5ations in public, voluntary and private sectors to enable this. We continue to build trust with our supporter base by being transparent about how the chartty runs and spends its income.
BASIC - Brain and Spinal Injury Centre Limited Compan) Limited bv Guarantee Tru5¢ees' Annual Report (Incorporating the l)ireetor's Report) (L'o111{erf1 Year ended 31 Mareh 2024 Smllll cthmpanv proi'isions This report has beeii prepared iii acLordanLe lili Ilic pro>i%ivns appl icabll to Lompanies eniiiled ro the smal I coinpunies e.ieii)plioi). 'I'lie rru%iees' nnal report W"dS approved nii lt1rd ot"Iruste¢5 hN.' aiid signed on bchall- of il)L D M Yatey Lliair
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Independent Examiner's Report to the Trnstees of BASIC - Brain and Spinal Injury Centre Limited Year ended 31 March 2024 I report to the trustees on my examinatfton of the financial statements of BASIC Brain and Spinal Injury Centre Limited ('the charity,) for the year ended 31 March 2024. Responsibillties and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's a¢¢ounts as Carried out under section 145 of the Charities Act 2011 ('the 201 l Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 201 l Act. Independent examiner's statement- matter of concern identified Since the charity's gTOSS income exceeded £250,000 YOUT examÈner must be a member of a body listed in section 145 of the 201 l Act. l ¢onfimi that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW). which is one of the listed bodies. The charity's glos5 income exceeds £250,000 and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. I confirn) that no other matters have come to my attention in connection with my examination givlng me cause to belxeve that in any materAal respect: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or the financÉal statements do not accord with those records. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. or the financial statements have not been prepared in accordance with the methods and principles of the Stat¢ment of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
BASIC- Brain and Spinal Injury Centre Limited Compani, Liniitcd bi. Guarantee Independent Eiaminer's Report to the Truslees of BASIC - Brain and Spinal Injury Centrc Limiled i(wnlittMedi Year cndcd 31 March 2024 L()iil Imi iliat IliL'rL :IrL' n(1 ()IliL'r n142ltL'rs to iihich )'our allL'nlion should Ix. drdivn to enabl¢ a priiper LindLfsl&iiidiiiLY l)I' Il)L .ILLI)Iiiils 11) bc rL41LI)Ld. N,1 l. EliirLILSS IiidLI)¥l)di Ill L-.i1l11lill¥r As51)Li411L 111slitLItL c)I"C'l)arlLrL.d ALLI)uiilaiils in England ai)d Wales %iiii psoli l4iirilL'b% Na*li l.iiii ilcd C'l)ai1LrL(l .aLic)uniaiils )811 ('li¢%lL'r Ri)ud 1 1169fA Date:... 10-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds Totsl funds 2023 Unrestricted funds Note Income and endowmeuts Donation5 and legiacies Charitabl¢ activities Other trnding activities Investment income 180,105 81,039 8,381 2,367 108,763 60,339 288,868 141J78 8?81 2J67 179,871 118,790 19,024 239 Total income 271,892 169,102 440,994 317,924 ExpeDdithre ExpendÉture on raising funds.. Costs of raising donations and legacies Costs of other trading activities Expenditure on charitable activities Total expenditure 44,185 652 132,516 44,185 652 242 J62 13,880 3,024 260,873 io 11,12 109,846 177,353 109.846 287,199 277.777 Net income 94,539 59,256 153,795 40,147 Transfers between funds 83,150 (83,150) Net movement in funds 177,689 (23,894) 153,795 40,147 Reconciliation of funds Total funds brought forward Tot#1 funds rrIed forward 844,799 1,022,488 33,880 878,679 838,532 9,986 ,032,474 878,079 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 14 to 25 form part of these finaneial statements.
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Note Fixed assets Tangible fixed ass¢ts 17 676,036 641,918 Current assets Stocks Debtors Cash at bank and in hand 18 19 652 3,120 245,082 5,659 357,937 363,596 248,854 Creditors: amounts falling due within one year Net current assets 20 7,158 12,093 356,438 236.761 Totsl assets less current liabilities 1,032,474 878,679 Net Ydssets 1,032,474 878.679 Funds of the charity Restricted funds Unrestricted funds 9,986 1,022,488 33,880 844,799 Total charity funds 22 1,032,474 878,679 For the year ending 31 March 2024 the charity was entitled to exemption from audit under sectÈon 477 of the Companies Act 2006 relating to smaIl companies. Directors, responsÈbilities- The members have not requiTed the company to obtain an audit of its financial statements for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared In accordance with the provisions appli¢abIe to ompanies subject to the srnall Companies, regime. The statement of f)nancial position continues on the following page. The notes on pages 14 to 25 form part of these financial statements. 12
BASIC- Brain and Spinal Injury Centre Limited Compan). Limited b). Guarantee Slatement of Finaneial Poiition fcr>ftwuIIJ 31 March 2024 Tlicse InanLial siatemenls wcre apprgyed bi Ilie board ot'lrtislees and Authorised for iSSlJi on 2)1 and are sigjned Dn beliall- L>t-il)e budrd bj.. D IM Yates Chiiir The notes on pages 14 to 25 form part of these financial sla¢ement$. 13
BASIC- Brain and Spinal Injury Centre Limited Company Limitsd by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General Énformation The Charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 554 Eccles New Road, Salford, Manchester, M5 SAP. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basÈs. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty In the application of the charity's accounting poli¢Tes, the members are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily available from other sources. The estimates and associated assumptions are b&8ed on historical experience and other factors that are considered to be relevant. Actual results may diff¢r from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estlmate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. During the year, there were no judgements in applying the accounting policies and key sources of estimation uncertainty which materially affected the fmancial statements. 14-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notw to the Financial Statements (tonlinued) Year ended 31 March 2024 Accounting policies (eo#rtrt*ed) Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charitable objectives of the charity. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds are to be used for specific purposes as laid down by the donoi. Expenditure which meets these criteria is charged to the fund. Incoming resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with re&8onable accuracy. The following specific poli¢ies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific perfomiance by the ¢harity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilitie5 are included at the value to the Charity wh¢re this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. Grants, including grants for the purchase of fixed &ssets, are recognised in full in the statement 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 included when the charity is advised by the personal representative of an estate that payment will be made or property transftrred and the amount involved can be quantified. 15-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarnntee Notes to the Financial Statements {eoN¢irtH¢d) Year ended 31 March 2024 Accounting polieies (contin4e Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of generating funds comprise the costs ocIated with attracting voluntary income and the costs of trading for fundraising purposes. Charitable expenditure comprises those costs incurred by the char&ty in the delivery of its activities and servtces for its beneficiaries. It includes both costs that &7n be allocated directly to such activities and those cosls of an indirect nature necessary to support them. Fundraising costs are those IncUed in seekilkg voluntary contributions and do not include the costs oldisseminating inforniation in support of the Chitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project managem¢nt. There are a number of costs, including staffing costs, where it is impractical to allocate these costs preLisely between administration and charitable expenditure and the trustees have allocated such costs on the basis of reasonable estimates as follows: Staffing and related expenses - On the basis of salary costs, and hours spent on different activities Premises costs and related expenses occupied Based on an estimate of employee activity or space Operating leases Le&se payments are recogntsed as an expense over the lease term on a straight-line basis. The benefit of lease incentives is recognised as a reduction to expense over the Iwe tem]. on a straight-llne basis. Tydngible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets Carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 16-
BASIC - Brain and SpRnal Injury Centre Llmited Company Limited by Guarantee Notes to the Financial Statements fconiinued) Year ended 31 March 2024 Accounting policies Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Freehold property Fixtures and fittings Motor vehicles Equipment l % straight line 150/0 T¢ducing balance 250/0 reducing balance 150/0 reducing balance Impairment of fixed assets A review for indicators of impairment is Carried out at each reporting dat¢, with the recoverable amount being estimated where such indicators exist. Where the Carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the pury)oses of impainnent testing, when it is not possible to estimate the recoverable amount of an individual Lsset, an ¢stimate is made of the recoverable amount of the ca5h-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of &s5ets that includes the asset and generates cash inflows that largely independent of the c&sh inflows from other &ssets or groups of assets. Stocks Stocks are measured at the lower of cost and estimated sellkng price less costs to complete and sell. Cost includes all costs of purch&8e. costs of conversion and other costs incurred in bringing the stock to its present location and condition. Financigl instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contrartual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Curretrt assets and current liabilities are subsequently me&8ured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. 17-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarnntee Notes to the Financial Statements (eonlin¥ed) Year ended 31 Mareb 2024 Accounting policies {corttinuedJ Defined contribution plans Contributions to deftned contribution plans are recognised as an expense in the period in which the Telated service is provided. Prepaid contributions are recognised as an &sset to the extent that the prepayment will lead to a reductxon in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render ihe related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Taxation The charity is exempt from Corporation tax OD Its charitable activities. Limited by guarantee BASIC Brain and Spinal Injury Centre Limited is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contrkbute such amount as may be required not exceeding £ I to the assets of the charitable company in the event of tts being wound up while he or she is a member, or within one year after he or she ceases to be a meMr. 18-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to tbe Financial Statements Year ended 31 March 2024 Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations and legacies 180,105 14,236 194J41 Grants Grants received 94,527 94,527 288,868 180,105 108,763 Unrestrlcted Funds Restricted Total Funds Funds 2023 Donations Donations and legacies 95,354 95,354 Grdnts Grants received 84.517 84.517 95,354 84,517 179,871 2024 Grants for restricted purposes Northern Care Alliance Foundatton Trust Salford CVS The Booths Charities James Tudor Trust MSE charity (42,000) (27.000) {20,000) (5,000) (527) Total (94,527) 19-
BASIC - Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements {conliNMed) Year ended 31 March 2024 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2024 Performance-related grants Body Basic membership fees Brain and Spinal Injury Centre activities CAREN income 60,339 60J39 20,170 34,972 25097 20,170 34,972 25,897 81,039 60.339 141J78 Unrestricted Funds Restricted Total Funds Funds 2023 Perforniance-related grants Body Basic membership fees Brain and Spinal Injury Centre activities CAREN income 59,892 59,892 17,563 18,383 22,952 17,563 18.383 22,952 58,898 59,892 118,790 Other trading aetiviti&5 Unrestricted Totsl Funds Unrestricted Tot Funds Funds 2024 Funds 2023 Fundraising events Cafe income Room hire Health food sales 15,106 2.375 1.480 63 15,106 2,375 1,480 63 4,156 4,225 4,156 4225 8,381 8J81 19,024 19,024 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 2,367 2J67 239 239 -20-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements l¢onrfnued) Year ended 31 March 2024 Costs of raising donations and legaeies Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donations - wages and salaries Donations - pension costs Donations - rates & water Donations - light & heat 19,945 1,140 135 729 19,945 1,140 135 729 8,938 1,160 142 679 8,938 1,160 142 679 i&]]lTr Donations - repairs & maintenance Donations - motor and travelling costs Donations - telephone Donations - d¢pre¢iation Donations - other expenses 1,114 160 138 11,546 9,278 1,114 160 138 11,546 9278 44,185 361 31 282 2,257 30 361 282 2,257 30 44,185 13,880 13,880 10. Costs of other trading activities Unrestricted Totsl Funds Unrestricted Total FldS Funds 2024 Funds 2023 Health foods - opening stock Health foods - closing stock Events - wages and salaries Events - pensÈon costs Events - rates & water Events- light & heat Events - repairs & maintenance Events - insurance Events - other motor and travel costs Events - telephone Events - other office costs 652 652 987 (652) 426 61 142 679 962 48 61 282 28 987 (652) 426 61 142 679 962 48 61 282 28 652 652 3,024 3,024 21-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Not£8 to the Financial Slatements {eonlinued) Year ended 31 March 2024 I l. Expenditure on ¢haritable activities by fund typt Unrestricted Funds Restricted Total Funds Funds 2024 Body Basic gym activities Brain and Spinal Injuries Centre activities Support costs 28,887 98,021 5,608 28,887 207,867 5,608 109,846 132,516 109,846 242J62 Unrestricted Funds R¢stricted Total Funds Funds 2023 Body B&skc gym activities Brain and Spinal Injuries Centre activities Support costs 20,479 33,418 5,320 20,479 235,074 5,320 201,656 59,217 201,656 260,873 12. Expellditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2024 Total fund 2023 Body B&si¢ gym activities Brain and Spina] Injuries Centre activities Govemance costs 28,887 28,887 20,479 207,867 207,867 5,608 235,074 5,320 5,608 5,608 236,754 242J62 260,873 J3. Net income Net income is stated after chargin(credItIng). 2024 2023 Depreciation of tangible fixed assets 63,759 39,697 14. XDdepeDdent examination fees 2024 2023 Fees payable to Independent Examiner for examination report 1,500 1,500 22-
BASIC - Brain and SpRnal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Ststements (conilnued) Year ended 31 March 2024 15. Staff costs The total staff Costs and employee benefits for the reporting period are anaIysed &$ follows: 2024 2023 Wages and salaries Employer contributions to pension plans 167,138 3,001 170,139 172,205 3,052 175,257 The average head count of employees during the year was 10 (2023: 10). The average number of full-time equivalent employees during the year is analysed as follows: 2024 No. 2023 No. Number of servtce providers and administration io io No employee received employee benefits of more than £60,000 during the year (2023: Nil). 16. Trustee remuneration and expenses Trustees The trustees dtd not receive any remuneration (2023 £nil) neither were they reimbursed expellses during the year (2023 £nil). 17. Tvdngible fixed assets Land and Fixtures and buildings fittings Motor vehicles Equipment Total Cost At l April 2023 Additions 510.202 100,693 34,995 53,900 724,771 43,977 I J70,661 97,877 At 31 March 2024 510,202 100,693 88,895 768,748 1,468,538 Depreciation At l April 2023 Charge for the year At 31 March 2024 104,127 5,102 109,229 81,491 2,881 2,916 21,495 540,209 34,281 728,743 63,759 84,372 24,41 I 574,490 792,502 Carrying amount At 31 March 2024 400,973 16,321 64,484 194,258 184,562 676,036 641,918 At 31 March 2023 406.075 19,202 32,079 -23-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements {cohilnMed) Year ended 31 March 2024 18. StoclLS 2024 2023 Goods for resale 652 19. Debtors 2024 2023 Other debtors 5,659 3,120 5,659 3,120 20. Creditors: amounts fydlling due within one year 2024 2023 Social security and other taxes Other Creditors 2,624 4,534 5,923 6,170 7,158 12,093 21. Pensions and other post retirement benefits Defined Contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £3,001 (2023: £3,052). 22. Analysis of charitable funds Unrestricted funds At l April 2023 At31 Transfers March 2024 Income Expenditure Unrestrlcted in¢om¢ funds Unrestricted designated Funds 780,138 271,892 (146.746) 905.284 64,661 (30,607) (177,353) 83,150 117,204 844,799 271,892 83,150 1,022,488 The desrgnated fund represents the net book value of tangible fixed assets which were purchased using restricted funds but as all restriclions have been met, the wets are not restricted. Transfers relate to those purchased in the current year. -24-
BASIC- Brain and Spinal Injury Centre Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 22. Analysis of charitable funds continued Restricted funds At l April 2023 At31 Transfers March 2024 Income Expenditure Restricted funds 33,880 169,102 (109,846) (83,150) 9,986 The purpKise of restricted funds derived from donations received has been to fund the purchase of fixed assets and to meet the cost of salaries and other centre costs. In each case the income h&s been applied to the expenditure in accordance with the restrictions 23. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets CUrnt assets Creditors less than l year Net assets 676,036 353,610 (7,158) 1,022,488 676,036 363596 (7,158) 1,032,474 9.986 9,986 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than l year 641.918 214,974 (12,093) 844,799 641,918 248,854 (12,093) 878,679 33,880 Net assets 33,880 24 Opernting lease eommRtments The total future minimum lease payments under non-cancellable operating leases are as follows: 2024 2023 LateT than 5 years 21,572 1,188 25, Related parties See note 16 for related party transactions. -25-