REGISTERED COMPANY NUMBER: 02215138 (England and Wales} REGISTERED CHARITY NUMBER: 700382 Re ort of the Trustees and Unaudlted Flnanclal Stat•monts for tha Yaar Ended 31 Decamb•r 2024 for Multi le Sclerosis Thera out or re Contre Heather Lea Business Services 49 Heather Lea Avenue Sheffield S17 3DL
Mulll le Sclerosls Thera out or Ire Centre Contents of Ihe Financial Statements or ear ecem er Pago Report of the Trustees Independent Examiner's Report Statament of Financial Activities Balance Sheet Notes to the Flnanclal Statements 7 to 12
Mulll le Sclerosls Thera out or Ire Centre Istere number: 02215138 Report of the Trustees or ear The trustees who are also directors of the charity for the purposes of the Companies Acl 2006, present their report with the financial Statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicablg in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The main purpose of the company is to provide support to people affected by multiple sclerosis and other neurological or life changing conditions.. Our mission is to strive for excellence in providing support for the sufferers of multiple sclerosis and other neurological or life changing conditions. Significant a1vItieS The principal activity continues to be that of supporting people affected by multiple sclerosis 8nd other neurological or life changing conditions in the local area. FINANCIAL REVIEW Reserves pollcy The directors policy is to build up our free reserves to 8 level which will be sufficient to cover all our expenses for a period of al least one year assuming that no income was received. Through Ihis financial period we have seen again Ihe positive effect of our cancelalion policy paired with price increases that were introduced strategically lo allow the cenlre to be able to keep running and negate losses suffered from mlssed appointments and combal the increase of ulility bills and other expenditure. During the year we have received 2 legacy donations of £20,000 each on behalf of Dr Chetan Shah and Mr Roger Morewood which along with rggular 'good will. donationg from our m¥mbgrs arg gratgfully rgc@ivèd and m8kg a huge difference in allowing lo continue to help as many people as possible. W8 hav8 also receiv8d a £7,500 grant from th8 Foyl8 Foundation. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. Risk management The truslees have a duty to identify and review Ihe risks to which the charity is exposed and lo ensure appropriate conlrols are in place to provide reasonable assurance against fraud and error. We consider that the systems we have in place to mitigate such risks appear to be adequale in normal circumstances. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 02215138 (England and Wales) Registered Charity number 700382 Page 1
Mulll le Sclerosls Thera out or Ire Centre Istere number: 02215138 Report of the Trustees or ear Registered office Bradbury House 25 Saint Marys Drive Catcliffe Rotherham South Yorkshire S60 5TN Trusteos S Eccles S Hussain S Crosby K L Herring L A Ratcliffe D E Ryczek M L Mitchell Company Secretary S Hussain Independenl Examlner D Mangles FCA Healher Lea Business Services 49 Heather Lea Avenue Sheffield S173DL This report has been prepared in acGordance with the special provisions of Part 15 of the Companie5 Act 2Q06 relaling to small companies. Approved by order of the board of trustees on 15 May 2025 and slgned on Ils behalf by.. S Hussain - Secretary Page 2
Inde endenl Examlner's Re erosis era ort to the Trustees of entre out or Ire Independent examlner's report to the trustees of Multlple Sclerosls Therapy Centre Isouth Yorkshlre) Ltd ('Ihe Company.) I report to the charity Irustees on my examination of the accounts of the Company for the year ended 31 December 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'}. Having satisfied myself that the accounts of the Company are nol 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 your charity's accounts as carried out under Section 145 of Ihe Charities Act 2011 ('the 2011 Act.). In carrying oul my examination I have followed the Directions given by the Charity Commission under Section 145{51 (b> of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of th8 Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records- or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement thal the accounts give a true and fair view which is not a matter considered as part of an independent examination- or the accounts have not been prepared In accordance wllh the melhods and prlnclples of the Slalement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in aGcyJrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. D Mangles FCA Healher Lea Business Services 49 Heather L?a Avenue Sheffield S173DL 15 May 2025 Page 3
Mulll le Sclerosls Thera out or Ire Centre Statement of Financial Activities or ear ecem er 2024 31.12.24 Total funds 31.12.23 Total funds Unreslricted fund Restricted fund Notes INCOME FROM Donations 158,864 158,864 131,334 Other trading activities Investment income Total 24,412 24,412 16,463 829 148,626 183.276 183,276 EXPENDITURE ON Raising funds 154,173 154,173 139,823 Olher Total 4,756 158,929 5,273 5,273 10,029 164,202 9,217 149,040 NET INCOMEIIEXPENDITUREI 24,347 (5,273) 19,074 (414) RECONCILIATION OF FUNDS Total funds broughl forward 105.923 184,550 290,473 290,887 TOTAL FUNDS CARRIED FORWARD 130270 179 277 290 473 The notes form part of these financial statements Page 4
Mulll le Sclerosls Thera out or Ire Centre Istere number: 02215138 Balance Sheet ecem er 31.12.24 Total funds 31,12.23 Total funds Unreslricted fund Restricted fund Notes FIXED ASSETS Tangible assets 35,206 179,277 214,483 222,678 CURRENT ASSETS Debtors Cash al bank and in hand 10 395 97,232 97,627 395 97,232 97,627 69,895 69,895 CREDITORS Amounls falling due within one year 12,563) {2,563) (2,100) NETCURRENT ASSETS 95,064 95,064 67,795 TOTAL ASSETS LESS CURRENT LIABILITIES 130,270 179,277 309,547 290.473 NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS 130270 179 277 290 473 12 130,270 179277 309 547 105,923 184,550 290 473 The charitable company is 8ntitl8d to éxémption from audit under Section 477 of the Companies Act 2006 for thè year ended 31 December 2024. The members have not requlred Ihe company io obtaln an audlt of Its flnanclal stalements for Ihe year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006, The trustees acknowledge their responsibilities for 181 ensuring that the charitable company keeps accounting records that cornply with Sectlons 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of Ihe state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requiramonts of Sgctions 3g4 and 395 and which Oth9lS comply with tho roquiremgnls of the Companies Act 2006 relating to financial statements, so far as applicable lo the charitable company. (b) The notes form part of these financial statements Page 5 continued...
Mulll le Sclerosls Thera out or Ire Centre Istere number: 02215138 Balance Sheet . continued ecem er These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 15 May 2025 and were signed on its behalf by: S Eccles - Trustee S Hussain - Trustee The notes form part of these financial statements Page 6
Mulll le Sclerosls Thera out or Ire Centre Notes to the Financial Statements or ear ecem er 024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Accounling and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, Incorne All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it is probable that the income will be received and the amount can be measured reliably Expendlture Liabilities are recognised as expenditure as 600n as there is a legal or constructive obligation committin9 the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cosl related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with Ihe use of resources. Tanglble flxed assets Depreciation is provided at Ihe following annual rates in order lo write off each asset over its estimated useful life. Freehold property Plant and machinery 2 /0 on cost 100/9 on cost Taxation The charity Is exempt from corporation tax on its charltable actlvitles. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricled purposes within the objects of the Gharity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanatlon of the nature and purpose of each fund Is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged lo the Statement of Financial Activities in the period to which they relate. Page 7 continued...
Mulll le Sclerosls Thera out or Ire Centre Notes to the Financial Statements - continued or ear ecem er OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Fundraising events Shop income Miscellaneous Drinks Room hire 19.095 1,438 276 666 2,937 12,663 1,431 346 399 INVESTMENT INCOME 31.12.24 31.12.23 Bank interest 829 RAISING FUNDS Costs of raising income 31.12.24 31.12.23 Rates and water Insurance Light and heat Telephone Postage and stationery Sundiies Fundraising expenses Repairs and renewals Computers and online backup Licen$ Hygiene bins 100 Club prizes Support Gosls 940 3,809 5,235 858 1.039 605 441 4,915 640 199 270 705 134,517 154 173 1,081 3,401 4,735 742 861 360 383 3,071 680 179 124.330 139 823 NET INCOMEIIEXPENDITUREI Net incomellexpenditure) is stsled after chargingl(crediling): 31.12,24 31.12.23 Depreciation - owned assets Page 8 continued...
Mulll le Sclerosls Thera out or Ire Centre Notes to the Financial Statements - continued or ear ecem er TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023, Trustees. expenses There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023, STAFF COSTS The average monthly number of employees during the year was as follows,, 31.12,24 31.12.23 Admin Staff No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds INCOME FROM Donations 131,334 131,334 Other trading activitles Investm8nt income Total 16,463 829 148,626 16,463 829 148,626 EXPENDITURE ON Raising funds 139,823 139,823 Other Total 3,944 143,767 5,273 5,273 9,217 149.040 NET INCOMEI(EXPENDITURE) 4,859 (5.273) (414) RECONCILIATION OF FUNDS Total fund3 brought forward 101,064 189,823 290,887 TOTAL FUNDS CARRIED FORWARD 105 923 184 550 290 473 Page 9 continued...
Mulll le Sclerosls Thera out or Ire Centre Notes to the Financial Statements - continued or ear ecem er TANGIBLE FIXED ASSETS Freehcld property Plant and machinery Totals COST At 1 January 2024 and 31 December 2024 DEPRECIATION At 1 January 2024 Charge for year At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 409,736 428,588 187,058 8,195 195,253 18,852 205,910 8,195 214.105 18,852 214483 222,678 214 483 222,678 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31,12.24 31,12.23 Prepayments 395 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12,24 31.12.23 Social security and olher tsxes Pensic)n Accrued expenses 1.024 346 1,193 818 385 897 12. MOVEMENT IN FUNDS Nel mov8m8nt In funds At 31.12.24 At1,1.24 Unrestricted funds General fund 105,923 24,347 130,270 Restricted fund$ Property fund 184,550 (5,273) 179,277 TOTAL FUNDS 290,473 309 547 Page10 continued...
Mulll le Sclerosls Thera out or Ire Centre Notes to the Financial Statements - continued or ear ecem er 12. MOVEMENT IN FUNDS . continued Net movement in funds, inGluded in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 183,276 (158,929) 24,347 Restricted funds Property fund 15,273) 15,273) TOTAL FUNDS 183,276 164 202) Comparativ•s for movement in funds Net movement in funds At 31.12.23 At1.1.23 Unrestrlcted funds General fund 101,064 4,859 105,923 Restricted funds Property fund 189,823 15,273) 184,550 TOTAL FUNDS 290,887 290 473 Comparative net movement in funds, included in the above are as follows,. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 148,626 (143,767) 4,859 Restrlcted funds Property fund 15,273) (5,2731 TOTAL FUNDS 148,626 149 040) 414) Page11 continued...
Mulll le Sclerosls Thera out or Ire Centre Notes to the Financial Statements - continued or ear ecem er 12. MOVEMENT IN FUNDS . continued A current year 12 months and prior year 12 months combined posilion is as follows: Net movement in funds At 31.12.24 At1,1.23 Unrestricted funds General fund 101,064 29,206 130,270 Restrlcted funds Property fund 189,823 {10,546) 179,277 TOTAL FUNDS 290,887 309 547 A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are as follows.. Incoming resources R8sourc8S expended Movement In funds Unrestrlcted funds General fund 331,902 (302,696) 29,206 Restricted funds Property fund {10,546) (10,5461 TOTAL FUNDS 331,902 313 242) 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2024. Page 12
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