Charity registratlon number 700904 (England and Wales) Company reglstratlon number 2269526 NEURO THERAPY CENTRE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
NEURO THERAPY CENTRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs L tk)dd {Chair) Mrs J L Eccleston Mr D W S8nders Dr H Harris Mr N C Holladay Mr P Crossland Mr M L Martin Dr D J Purdell-L8wIs (Appointed 11 September 2024) (Appointed 11 September 2024) {Appoinled 11 September 2024) Charlty number 7[904 Company number 2269526 Reglsterod offlce Unil C4 8rymau One Eststè River Lane Sallney Chesler CH4 8RG Audltor Champion Accounlanls LLP 2nd Floor Refvg6 House 33-37 Wal8rgale Row CHESTER CH12LE Sanlor Managfjm•nt Parsonnel J John8ton-Cree
NEURO THERAPY CENTRE LIMITED CONTENTS Page Chair's Slalement Trustees, report Slaternent of Trustees. responsibilities Independent audilorfs report Stat8m8nl of finandal activities 13-14 Balance sheet 15 Statement of cash Ilows 16 Notes lo the financial slalemenls 17-32
NEURO THERAPY CENTRE LIMITED CHAIR'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 It is remaTkable how muGh has been achieved (Juring the pasl year but also lo undersland the challgeS and opportunities which lie ahe8d of us. The new gym and Ihe therapies room have been up and running for six months and more,. the canopy link betsveen the Iwo buildings has been completed: funding has been raised for the nexl slage, our redevelopment of the original building. hopefully commencing in June and lo be finished during 2025. 11 is rlght lo celebrate the successes and all the hard work needed to reach this poinl. Including a large capital grant awarded last December which will cover rnosl of the costs associated with the redevelopment of the old building this year. We also received a significanl legacy last year, which has helped wilh the day lo day running cosls of the Centre, and an endowment which can be used lo support level of ieserves for the next few years. FlnancSally, the Report & Accounts 2024125 presents a far better outcome than we thought possible al this stage last year, with a surplus of £418.4k {2024.' £50.6kl. This sounds impressive (and it is) bul if it were noi for Ihe legacy, endowment and a size8ble charilable trust grant, Ihe piclure would be less rosy. With these, our income rose lo £1.2mil (2024., £778.4kl wttilsl cosls were £825.3k (2024.. £727.7k} I h8ve lo say. with a sense of déja-vu, Ihat 2025126 will be a financially challenging year. We remain commltt8d lo the Real Living Wage for those staff affécted {which Is pald at a higher level Ihan Ihe National Minimum Wage) but our costs. Includlng tha rlsa In Nalkjnal Insuranc6 conlributlons for employers as well as food, energy ané seNlces Inflallon. havé continued lo increase. Funding to COV8r Ihe day lo day running of the Cenlr6 remains difficult- baslcally we need to search for and attract income which is unreslricled and can be used lo support the Cenlre in any way without being lied to a particular project or service. Our 8udgel for the current financial year has £981k expenditure and known income, as 811s1 April 2025, of £646.2k leavlng a fundraising target of £334.7k- it's achievable bul tough. We're not on our own,. most charities are reporting similar challenges bul we are fortunate that. for the limè being, our financial basg- the level of reserves held at the financial year end 31 $1 Mar¢h 2025 - Is mora robust ¢ompar8d with Ihé18s1 years. We need lo look to the future and develop more sustainable and conlinulng incL)me generation partlcularly as there can be no guar8nlee of on-going support In other areas, Induding Ihe publlc sector. glven Ils own flnancial challenges. Trustees, the senlor managemenl team and slaff are currently working IhroLJgh the Siralegic Plan for Ihe next three yeak3 and an updated Btjslness Plan. 11 Is sensible lo do so glven how much the Neuro Therapy Genlre {NTCI has changed in Ihe last five years. not least the higher demand for all ils services and the abilily to work more efficiently and smartly with lh8 increased capacity provided by the new building and the redevelopment of the ortginal building. Our Members are so important in spreading the word about the Cenlre. what it do8s and why it maltexs lo them. Their words and insights are v6ry powerful and can inspire others lo gel Involved and help in so many dlfferent ways including events and fundraising. Il's also Important to recognise the work of all our volunteers and the day lo day help Ihoy glve supporting our services including in the café and oxygen chamber as well as fundraising. My thanks to All of you lor your continuing support, encouragement and understanding. especialFy during all the building worf(I l am very gralefijl for all the support provided by the senior management team and staff over the past year. It has been difficult al limes with all the challenges incurred with delivering setvices in Ihe middle of 8 building sile bul your thoughts and actions reflect the elhos of the Cenlre- our Members firsl in all we do. Finally. my thanks go lo fellow Tnjstees for your help and guidance over Ihe last, busy year. Tho road ahead is a challenge, as ever. financially but this is only part of the story. There are opportunities to enhance seThices, running them as effectively as possible to meet currenl and future d8mand. especially when the building redevelopment is finished. Alongside this. with the support of everyone involved and linked with the Neuro Therapy Cenlre, we aim to raise awareness about its work and impact, with the aim of financial r8silience to underpin il all. Chalr 002$ 081e'.
NEURO THERAPY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present thelr annual report and financial slat6ments for Ihe year ended 31 March 2025. The financial statements have been prepared in accordance with the accounling policies set out in not8 1 to the rinancial statements and comply th the charitvs goveming document, the Companies Act 2006 and "Accounting and Reportlng by Charities.. Slalement of Recommended PracttC8 applicable lo charities pTrparing their accounts in accordance with the Financial Reporting Standard apFdicable in the UK and Republic of Ireland (FRS 102) (effeclive 1 January 2019)-. Objectlves and actlvltle8 Our Purpose As detailed in ourArticles of Asso¢ialion, the maln objed of the Neuro Therapy Centre (NTCI Is: To aid and improve for the publlc benefit in the Ar8a of Benefit th6 condition of thosé sufferlng from: . Mulliple S¢lerosls, pa&n$0n'S dlseas8 C other long-term degenerative neurological condilions or other symptoms or conditions who in the oplnion of their rnedic81 advisots may b6n8flt from therapy whlch is avallable to those persons sufferlng from long-tem) degenerative neurological conditions Our Maln Actlvltles In Ilne wlth Charily Commlsslon guldance. this meets the lest of publlc benefit under the headlng of 'lh8 advan¢emenl of he811h or the saving of Ilves,. As a sell-referr81 organlsalion people choose lo use our seNlces, and 51 Ss our policy never lo lum away anyone who can benefit from the therapies and support Ihal we provlde, whlch are referred lo in our Annu81 Finanaal Slalement. Volunteer Conlributlon Contributions made by volunteers are hugely important and support Ihe staff to de15v6r a high staThJard of service across all departmenls. Volunteers help us deliver Oxygen Therapy. Physiolherapy, Counselling and well-belng Sessions and support people in the calé offering an Inclusive. frlendly welcc(ne whlch puls people at ease. We should not forg61 that our Board of Trustees is also made up ol volunl8ers, whose knowledge and expertlse Is vital In ensuring the senior managemenl team are held to account. we have robust governance in place. and are compliant with applicable legislative requirements. We currently have vacancies on the board for new Trustees. These are our regular volunteers, and Ihey have donated 2,358 hours of thelr lime over the last 12 months. We also have ad-hoc volunteers who fund-ral8e on our behalf, and who make such a difference to our finances conlrlbuting over £20k to our fundralsing lolal and acting as ambassadors for Ihe organi8atlon. We continue lo provlde placemenl opporiunllles for students on Physiotherapy and Counselling Cour$. These placements provide hands on experience of working wlth people with neurologlcal conditions Ihrough Iheir graduate programmes, and support our clinical staff in their development as educators. ensuring their knowledg8 and skills are kepl up lo date.
NEURO THERAPY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performance Maln Achlevements Completion of the new Therapy Suite on lime and budg81. has h8lp8d us develop our exercise opportunities for Persons living with Neurologlcal Conditions IFNC) and Carer members alike. We now have a fully equipped gym which is three Ilmes tha size ol our old one and allows people io exercise in new ways, with a focus on functional training lo assist them in their daily activities. The additional spaca and new studio have allowed us to increase the number ol group sessions being dellvered, and introduce new ones lo challenge in different ways. A successful apICatiOn lo People & Haces Lottery funding has allowed us to grow our physiolherapy team and commence a proleet similar lo the Access to Exercise and Wellbeing IAtoEW) Project, In Wales - the Access to Movement & well.being project IAtoMW). Thls new project will explore ways we can engage wllh more people In North Wales and introduce more 8ccessible exercise sessions through partnershlp workbng. The project will be Évaluated by Bangor Universily, and the results will be used lo evidence the dlfference NTC m8kes to people Ilving with neurological conditlons. and to support fuluie funding bids. This new bid has also allowed us to purchase an additional Functional Electronic Stimulation IFES) blke whlch supports more people with lower Ilmb weakness to explore Ihe benefits of using the bike In a cohort who would not normally have access to it. We continue to strenglhen links with the Walton Centre and olher groups locally involved in Neuro rehabilllalion lo ra16e awareness and make It as easy as possible for people who need our seNlces to find us. We worked wilh a group ol appreniices from Airbus on a prole¢t to raise awareness through a range ol communications. They helped develop some short films which lell ¢ompelling stories of the difference we make to Individuals. This strenglhens our links with a major local employer, bul also raises awareness more widely. A successful bld for a major capital gTanl to finance the re-devèlopment of our 8xl8llng buildlng, whlch will see the expansion of our counselling and well-being services, 8s well as the creation of a new larger kitchen and expanded calé lo cater for more peoFle was submitted. Work will stsrt in Ihe first quart&r of the new financial year. We h8ve engaged wllh numerous local and regional networks and psented al events to publiclse the work we do and offer examples of best practice. and continue to advocate for people on an Individual basis as wall more widely to ensure their voice is heard when decisions are made 8boul seTvlce design and provlslon.
NEURO THERAPY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Balanced plcture of the charivs wogress against its obiecllve5 CEO is an Organisalional Partner Governor al Walton, Nthich raises our profile and gives more feedback Into Walton strategy. It also presents greater leaming and training opportunitles for dinlcal staff Incre8sed number of referral sources inlo the AtoEW project Succéssful applicalion and commencement of the Atomw project Produced our first Impact accounts which were presenled at Ihe 2024 AGM Our newly developed therapies building was opened In August 2024 allowing us to increa58 the number of people using Ihe gym at 8ny one time. and allowing more opportunity Carer members lo a¢¢ess exercise opportunilies Physio and counselling have also seen increases In LN)Ih attendance and Ihe number of individuals supported compared lo the previous 12 months Cr881ive arts sessions have also been introduced as we incAeas6 our well-belng supwrt to members We have developed a dear organisalional slruclure which looks al existing and future needs, along with a banding system for staff roles which supptyts personal dgvelopmenl and recruilmenl, and ensures we slay in touch with sector pay-scalès Avallable physio hours fell lowards the end of Ihe year as staff reduced their hours for personal reasons, bul we were able lo r8¢rull lor these al the dose of Ihe flnancial year We have conllnued to make Improvements lo our booklngs system lo enable More people to be in control of Ihelr own bookings 8rio Leisure now have regular classes that are accesslbte to pe¢¥le wilh a nevrologieAI condition at 4 of Ihelr sites 8ell6r usa of data to drfve declslons Simllar lo last year, NHS changes to Iha Integrated Care Board have made St challenglng to keep abreast of changes and work dosely with healthcare teams lo ensure Ihat those who need our services are able lo find us easlly, and current changes lo Ihe NHS may make this more challenging over the n8Xt 12 months We lrialled 3 new Parkinson's c18sses which have now become part of our Core offer Our staff continue lo allend training opportunities relevanl lo their roles to ensure we bulld on our ski113 and knowledge, as well as slaying abroast ol changes In legislallon relevant to our Sl0r
NEURO THERAPY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Key performance indicators explaining oulwts achieved by activities Total membership 659 {2024:585) an increase of 74 indNiduals (2024.52) Gym activity has increased from an average of 259 attendances per mt)nlh to 344 per month-. and from supporting on average 126 indlvlduals lo 150 individuals per month The number of therapy sessions delivered stayed on a par with the previous year, mainly du8 to the fact that some full-time staff chose lo reduce their hours in order lo improve their workllife balance Fundraising Income tolalling £24.42812024'. £24,564) 289 new referrals In the perfod (2024: 234) 153 FES sessions were delivered The Atomw project has allowed us lo employ an addillonal fuw-lime physiolherapisl along with a well- being Cfrordinalor (WBC) meaning we can now offer vlsits 5 days a week for potential new members
NEURO THERAPY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR EAIDED 31 MARCH 2025 Flnancial review The Trustees are ¢ommitied to protecting and managing our financial resources in an effective and transparent way. In order lo achleve Ihis. we aim lo malntsin a reserve lev81 of at leasl 6 months of our budgeted annual expenditure. The reserve 18vel is consldered lo be Ihe total of free unrestricted resetves plus any rgstrl¢led Income covering salarles and other operating cosls th81 has already been recelved. The Trustees regularly revièw this policy and the lev&S a¢hi8ved lo ensure that St remains approprfal8. For clarlty the reserves level does not Indude UnstrICted funds allocated to fixed assets. nor does il include deslgnated funds sel aside by the Trustees lo meel fulure prq'ects that could not be funded from future inrne. The reseNes are monitored on an ongolng basis lo ensure that they are being managed In accordance with what Is agreed and this is regularfy reported to the Board of Trustaes. If il is deÈmed Ihal there will be an on-going failure to rneet the reseeS target then a plan will be drawn up to develop new sources of inrne or cut back on related expendilure. Our budget for the comlng year endlng 31 March 2026 has exndItUre of £980,967 (2025.. £809,058), Our free res6Nes at 31 March 2025 were £366,875 12024: £188.2241. In addlllon lo Ihls, £83,648 {2024.' £100,097) of Ihe reslrlcled fund3 lotal of £312,49612024: £245,267) will contribute lo the budgeted expendllure. Reslricled funds also include £30,279 (2024.. £54,168) associaled with Ihe expansion prolecl. The tot81 ¢ontr4bulion towards nexl years budgeted expendlture is £450.523 {2024: £288.3211, which equ8tes lo 5.4 months <2024: 4.2 rnonlhs), The Trust88s are always awara that Ihe budget sel for each year presents Ils own sel of challenge8, Budgel8d expenditure has be8n calculated. and throughout Ihe year. Ihe fundraising team work through the (ask of sourcing th8 n8C8ssary funding to meel bolh anlicipaled and unfor6se8n cosls. Som8 costs, such as service dèllvery 8mploymenl expenditure, are potentially easier lo fund through bid appllcations lo relevant Trusls & Foundations 211hough success cannol be guaranteed. It is more difficult to obtain unreslricled grants and funds which would help covar the costs of general adminislralion and fixed overheads- these are g8n8rally covered by ncome generatèd from sponsored fundraising evgnls. member donations, café sales, lega¢l8s and any other foTm of unreslrieled e4sh. Every year il is so important for us lo find and secure new fundlng sources but also mainlaln and reconnect our links with pasl donors to seek their continued support. Our expanded fundralsing team has énabled us to do exa¢lly that, developing and (apping into new incom8 sources and bulldlng up the profile of the Cenlre wilhln the wider community bolh locally and the broadèr geographical area we sèNé. By cultivating a divers8 range of funding streams Ihal 8re consislenily sustained, we can ensure ttle Cenlre's long-lemi viability. The annual budget is designèd lo facilitate inveslmenl and maintain an exceptional level of service to our members, encompassing th the physical and Mrtual offerings. It is never certain what income we will receiv8 nor what unexpected costs could be around the corrEr. Therefore, the finance team, finance commillee. and Trustees monilor the financial position on a regular basis, enabling decisions lo use and safeguard available funds. Th8 Trustees acknowledge that ihe Neuro Therapy Centre has fallen short of meetlng the minimum r8S8rves level oullin6d In ils own policy in recenl years. Allaining this minimum reseNes threshold remains a lon9-lerm oblecllve for the Trustees, as w6 strive lo fortify the Centre's financial stability. Our reslrlcled funds, standing at £312,496 12024: £245.267). are subject to specific conditions requid by the donor or by the specific lemis of the appeal which generated the funds. These fund5 are applled as soon as practicable. as shown in the movement of reslricled income durlng the year. Our designated funds stsnd 81 £20.837 12024.. £20,000)- With Ihe completion on the new fitness suite and the secured funding for the redevelopment of the existing Cenlre the TTUSt8es have no immediate plans for the designated reserves. The Trustees recognise that the balance of the designated funds might be required lo complete and enhance the redevelopment work and Ihe importance of rolaining the fund for such a purpose which will support Ihe growth and long-tem goals of the charity.
NEURO THERAPY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Summary of Reserv88 2025 2024 Restrlcled funds 312.496 245.267 Unréslrlclad funds- allocated lo fixed assels 114,069 366.875 124,165 Unrestricted funds - free reserves 188,224 Designated funds The Edward Goslling Fund 20.837 20.000 181,844 Tol81 Structure, governan¢8 and management The company is Ilmiled by guarantee. and was incorporated under the Companies Act 2006. Its governlng document is its Articles of Association updated 16 September 2021. The company is regisl8red as a charily by the Charity Commissioners - Number 700904. In line with our Rules of Membership Ihose who use the seNices of the Centre become a member and are thereby enliiled lo contribule to the way the Cenlre is run Ihrough partlClP8tion at general meetlngs. Ther6 were 508 (2024.. 4811 fully pald up members al Ihe year end, each of whom Is required lo contribute up to £10 In the event of the charity wlnding up. Our membership continues lo increase. and we anticlp8le further growih over the next Ilnancial year and beyond. Rolling membership has been fully adopled, this W0<S for many members, however Iher6 remains 120 (2024.. 711 members who have lapsed. These members are analys8d on 8 regular basis to underst8nd who m8y need 8 dlfferent at)proath in order lo renew. The Ttust888, who are also the direclors for Ihe purpose of cnmpany law. and who served durlng the year and up lo the dale of signature of the financ181 statements were: Mrs L Dodd (Chairl Mr J Brledey Mrs B Burke Mrs J L Eccleslon Mr D W Sanders Mrs D J Pow611 Dr H Hanis Mr N C Holladay Mr P Cr03313nd Mr M L M8rtln Dr D J Purd811-Lewis {Deceased 9 May 2025) (ReSned 29 October 2024) {Resigned 25 March 2025) (Apwinled 11 September 2024} (Appointed 11 Septomber 2024) {Appolnled 11 Seplember 2024) Trus18es are appolnled by member vole at the Annual General Meeting-, the minimum number of Trustees is 3 and one third of their number is required lo retire and seek election upon their third anniversary of appoinlment. As part our governance and following the Charity Excellence Framework {CEF). the Trustees have reviewed their sklll sets and this makes it possible to delermine where ihere may be deficiencies in the overall skills required. Training and induction processes for TNslees are also being reviewed upon the basi8 of requirements. None of our Trustees recelve any Muneration or other benefit from their work for the charity-
NEURO THERAPY CENTRE LIMITED TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Centre Management Team {CMT), reportlng to the Chlef Executive Officer. has continued lo provlde co- ordinaled development and action in the key areas of acllvlty supporting the overall operallon of the Cenlre; those areas are Therapl8s & Services. Fundraising. Mad(eling & Communicallons, Member SeiCes and Finance. Th8 CMT has conlinued lo demonslrale the tlexibility required to adapt to rapidly changlng circumstances whilst Continuing lo pul future growth and membership choice al its heart. The ChA T c(Jntinues lo work wlth the Trustees lo agre6 and implem6nl our strategic aims as well as oversee lh8 opérational aclivilies of the Centr6. They also WOTk towards continuous improvement through critical analysis of the systems and processes currendy used In order lo work more efficiently and ensure Ihal Ihey have the correct informatlon on whiGh lo make ComMendatiOns. and base decisions on. The pay of senlor staff Is reviewed annually on terms which do not vary from Ihose which apply to 811 other pald stsff, Audltor In accordanc8 with the companV8 artlcles, 8 resolution proposing that Champion Aw)untanls LLP be reappolnled as audilor ol the company will be pul al a General Meeting. The Trustees, report was approved by the Board of Trusteés. Mrs L Dodd (Chalrl Truste8 Dated: 202$
NEURO THERAPY CENTRE LIMITED STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 Company law requlres the Trustees lo prepare financial statements for each financial year which give a Irue and fair vlew of the $121e of affairs of the charity and of the inc(Mming resources and appllcation of resources, including the Income and expenditure, of the charitable company for that year. In preparing Ihese financial statements, Ihe Trustees are required to: select suitable accounting policies and then apply them consistently.. obseNe the methods and principles in th& Charities SORP; make judgements and eslimales thal are reasonab16 and prudent; slate whether applic8ble UK Accounting Standards have been fdlowed. subject to any m81erial departures dlsclosed and explained in the financial slalements; and prepare the financial statements on the going concern basis unless il is inappropriale lo presuffE that the chartly will continue In operation. The Trustees are responsible for keeping adequate accounting records that disdose wilh reasonable accuracy al any Ilme the financlal position of the charily and enable them lo ensure that Ihe financial sla18men Is comply with Ihe Companies Act 2(K)6. They are also responsibl8 for safeguarding ihe assets of the charlly 8nd hence for taking reasonable s16ps for Ihe prevention and detection of fraud and other irregularities.
NEURO THERAPY CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF NEURO THERAPY CENTRE LIMITED Oplnion We have au<iiled the financial statements of Neuro Therapy Centre Limiled (the 'Charitl for the year ended 31 March 2025 which comprise Ihe slalemenl of financial activities, the balance sheet. the statement of cash flows and notes lo the financial slalements, Including siqnificanl accountlng policies. The financial reporting framework that has been applled In their preparation is applicable law and United Kingdom Accounllng Standards. including Financial Reportlng Standard 102 The Financi81 Reporting Siandard aPpIable in tho UK and Republic of Ireland (United Kingdom Generally Accepted A¢¢ounling Praclice). In our opinion, the financlal slalements: give a true and fair view of the slate of the chaiilable cornpanvs affairs as at 31 March 2025 and of St8 incomlng resources and application of resources. for the year then ended; have been propedy prepared in accordanc£ vrith United Kingdom Generally Accepted Accounting Pract1. and have been prepared in accordance with Ihe requirements of the Companies Act 2006. 8a$ls for oplnlon We condueled our audit In accordance with International Standards on Audiilng {UKI (ISAS {UKII and appllc3ble law. Our responsibilities under those standards are further described In th6 Audilor's responsibilitl8s for lh6 audil ol Ihe Ilnanclal slalements section of our report. We are independent of the charily in accordance wllh the ethical requirements that are relevanl lo our audit of the financial slalemenls in the UK, includlng the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilillas in aecordanca with these requirements. We believe Ihal the audSt evidence we have obtained is sufflcienl aTrJ appropriate to providé a basis for our OniOn. Concluslons relatlng to golng ¢on¢ern In audillng the financial statements, we have nclUded th81 the Trustees. use of the going concem bas15 of accounting in the preparation of Ihe financial statements is approprlate. 8ased on the work we have performed, we have nol idenlifi8d any material uncertalnlles lating to events or condlllons Ihal, indivldually or collectively, may casl SnIficant doubl on the charity's ablllly lo conllnue as a golng concern for a pe0 of al least twelve months from when the flnanclal statements aro aulhorlsed for issue. Our responslbilllles and Ihe responslbllltles of the Trustees viith rèsp6cI to golng cCern are descrfbed In Ihe relevant sections of this report. Other Informatlon The other information comprises Ihe information induded in the annual report other than the finartlal stalemenls and our auditor's report Ihereon. The Trustees are responsible for the other informallon conlalned wilhin the annual report. Our opinlon on the financial statements does not cover ihe other informallon and we do not express any form of assuraNe6 conclusion thereon. Our responsibillty is lo read the other infomialion and, in doing so, consider whethar Ihe other Informalion is materially inconslslent wlh the financial statem&nls or our knowledge obtained in the cours8 of the audit, or othe1$e appears to be materially misstated. If wa identify such material inconsi818ncles or apparent material misstatements. we are required lo delemiine whalher this gives rise lo a material mlsslatemenl in Ihe financial slalements Ihemselves. If. based on th8 work we have perform8d, we conclude thal there is a material missialement of this other infomialion, we are required lo report that fact. We have nothing to report In this regard. Mattèrs on whlch we are requlred to report by exceptlon We have nothing lo report in respect of the following matters in reLelion to whlch the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if. in our opinion-. the inlorm8tion giv6n in the financt81 statemenls is inconsistent in any materlal respect with the Trustees, report: or sufficient accounting records have not been kepl- or the financial statements are not in agreement with the accounting records.. or we have nol received all ihe information and ex ana(lOnS we require for our audit. 10-
NEURO THERAPY CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NEURO THERAPY CENTRE LIMITED Responsibllltles of Trustees As explained more fully in the statement of Trustees. responsibilities. the TNstee8. who are also the directors of Ihe charity for the purwse of company law. are responsible for the preparatlon of the finandal slalemenls and for being satisfied that Ihey give a Irue and falr vlew, and for such intemal control as the Truslees determine is necessary lo enable the preparation of financial statements that are free from materlal misslalemenl, whether due to fraud or error. In preparing the finanaal sialements, the Truslees are responsible for assessing the charity's ability lo continue as a going concern. dlsdosing. as appllcable. malters related to going concern and using the going oncem basis of accounting unless the Trustees either intend lo liquidate the charitable company or lo cease oparalions, or have no realisuc altemalive bul lo do so. Audltor's r8spon$lbllltles lor t audlt of tha Ilnanclal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance wllh the Act and relevant regulations made or having effect thereunder. Our objecllves are to oblain reasonable assurance about whether the financial slalemenls as a whole are free from material misslalement. whether due to fraud or error, and to Issue an au<illor's report that includes our oplnion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordanc6 wilh ISAS {UK) wlll always delecl a material rnisstalement when il exists. Misslal8ments can arlse from fraud or error and are considered material if, indlvldually or in Ihe aggregata. Ih6y could reasonably be expected lo influencè the economic decisions of users taken on Ihe basis of these financi81 statements. Irregularities, indudlng fraud, are instances of nofvcomplianco wlth laws and regulallons. We design procedures in liné wllh our responsibillli8s, outlined above, lo delecl material misstalemenls in respect of Irregularilles, Includlng fraud. The exlenl to whl¢h our procedures are capable of detecting Irregularities. Including fraud, is delalled below: Extent to whl¢h the audlt 18 consldered ¢apable of d8to¢tlng IrrogularStl•s, Includlng fraud Thè rasponslblllly for th8 prevention and detected of irregularities. Induding fraud. lies wllh Ihe trustees and wllh those charged with governance. The objectives of our audit in respect of irregularities and fraud are lo asse5S the sk of materlal Tnisslalement of Ihè financial stalemenls due to fraud, to obtain sufficient, 8ppropriale Budil evidence regarding the assgssed risks and to respond appropriately to fraud or Suspected fraud Idenlified dung lh8 audil. Audlt procaduros We determine signllicant appllcable laws and regulations through discusslon with those charged with governance and our own krtowledge of Ihe industry and design audit procedures lo help identify inslances of non-cornplian¢a wllh Ihose laws and regulations that may have 8 materlal effect on the financial statements. We consider the applicable laws and regulations lo be the financial rertIng framework {FRS 102 and the Companles Act 20061. Charity Law, the relevant 18x regulallons in the UK, employment law and the H88llh and Safely at Work Acl 1974 and Safeguarding legis18tion. We consider the control environment and the procedurès in place to address identified rlgks, includlng managemenl OV8rride, non-compliance with laws arKI regulations and to wevent and delecl fraud or irregularity. Our procedures arè designed to prove reasonable assurance Ihe Ihe financial statements are free from material misslalemenl or error and include: enquiries of managemonl and of slaff in key compliance functions., review of reports from r6gutators' review of minutes of meetings of those charged w¢th governance: revièw and testing of manual journals, relevant nominals and significant transactions outside the nornal course of the business- review of financlal slat6menl disdosures and testing lo supporting documentation" p8rfonnance of analytical procedures. We are not responslble for prevenling non-compliance and due the inherent limitalions of an audit, as described above, the audit cannot be relied UP to detecl all instances of non-cc*mpliance with laws an regulations. A further description of our responsibilities is available on the Financial Repotling Council's websit8 at,. https'.11 www.frc.org.uklaudilorsresponsibilities. This description forms part of our audilorfs report. 11
NEURO THERAPY CENTRE LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NEURO THERAPY CENTRE LIMITED Use of our report Thls report is made sdely to the Charity's trustees, as a body. In accordance with Part 4 of the Charllies {Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate lo the Charity's Irusle6S thos6 mallers we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest exlanl pemiilled by law. we do not accept or assume responsibility to anyone other than the charfty and Ihe chaflty's trustees as a body, for our audit w(Yk, for this report. or for the opinions we have fomied. Susan Harrls MAACA {Senlor Statutory Auditor) For and on behalf of Champion Accosjnlants LLP. Slatulory Audltor Chartered Accountants 2nd Floor Réfuge House 33-37 Watergate Row Chester CH12LE D8t8.' Champion Accountants LLP 18 eligible for appointment as audltor of the charity by virtue of its eliglblllly for appointment as auditor ol a company under section 1212 of tho Companies Acl 2006. 12-
NEURO THERAPY CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Current flnan¢lal year Unrestricted Unrestrlcted RestTl¢tod Endowment funds funds funds funds general deslgnated 2025 2025 Total Total 2025 2025 2025 2024 Notes Donations and legacies Charilable activities Other trading activities Investments 359,443 186.914 45.879 11,153 837 360,280 824,648 45,879 12,997 163.158 564.089 46.020 5,142 457.734 180.0(M) 1.844 Total Incomé and endowments 603,389 837 457,734 181,844 1,243,804 778,409 Raising funds 13,25g 248 13,507 27,556 Charitable aclivilies 421.578 3SKI,257 811,835 688,839 Other 13 11,400 Tolal resources expendod 434,837 390,505 825,342 727,795 Net movement In fund8 168.552 837 67,229 181,844 418,462 50,614 Fund balances at l Aprfl 2024 312,392 20.000 245,267 577.659 527.042 Fund balances at 31 March 2025 480,944 20,837 312,496 181.844 998,121 577,656 The stalemenl of financl81 aclivilies includes all gains and losses recognised In the year, All Income and expenditure derive from continuing activities. 13-
NEURO THERAPY CENTRE LIMITED STATEMENT OF FINANCIALACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Prlor Ilnanclal year Unre5trlcted Unre5trfc¢ed RestrlGted funds funds funds general deslgnated 2024 2024 Total 2024 2024 Notes Donations and legaaes Charitable activities Olher Irading actlvltiès Investm6nls 161,961 146.471 46,020 5.142 1.197 163,158 564,089 46,020 5,142 417,618 Totsl Income and endowments 359,594 1,197 417,618 778,409 Raising funds 27,556 27.556 Charitable activities 391,441 297.398 688,839 Other 13 8,919 2,481 11,400 Total resour¢es expended 427.916 299.879 727,795 Gro$$ transfers between funds Net movemént Sn funds 103,677 35,355 (103,677) (102,480) 117.739 50.614 Fund balances al 1 April 2023 277,034 122,480 127,528 527,042 Fund balan¢•s at 31 March 2024 312,389 20,000 245.267 577,656 Tha slatement of financial activities includes all gains and losses recognlsed in the year. All income and expendllure derive from continuing activities. 14-
NEURO THERAPY CENTRE LIMITED BALANCE SHEET ASAT31 MARCH2025 2025 2024 Notes Flx&d assets Tangible assels 14 369.256 210.893 Currènt assétg 06blors Cash at bank and in hand 15 34.340 652,924 24,307 375,631 687.264 399.938 Credltors: amounts falllng due wlthln one year 16 {60.399) {33,1751 Net current assets 626,865 366,763 Total assot$18ss current Ilabllltles 996,121 577.656 Net 88sals èxcludlng penslon liability 996,121 577,656 Thè funds of tho charlty Endowment funds Restricted income funds Unreslricled funds - g8nerdl Unreslricted funds - designated 19 20 181,844 312,496 480,944 20.837 245,267 312,389 20,000 996.121 577,656 The financtal slalements were approved by thé Trustees on . Mrs L Dodd {Chair) Trustee Company registration number 2269526 (England and Wales) 15-
NEURO THERAPY CENTRE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notos Cash flows from operatlng actlvltles Cash generated from operations 24 455,886 49,718 Inve5tlng actlvitles Purchase of langible fixed assets Investment income received (191.590) 12.997 {101,5191 5.142 Nèt cash usèd In investlng activitios (178,593) (96,377) Net cash generated from financlng activltles Nat Increas&lldecreas81 In cash and ¢ash equlvalents 277,293 {46,659> Cash and cash equlvalenls al b6glnning of year 375,631 422,290 Cash and cash equlvalènts at end of year 652,924 375,631 16-
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting poll¢le8 Charlty Informatlon Neuro Therapy Centre Limited is a private company limited by guarantee incorporaled in England and Wales. The registered office is Unil C4 Brymau One Eslale, River L8n6. Sallney, Ghesler, CH4 8RG. 1.1 Accountlng ¢onvontlon The financlal statements have been prep8red In accordance ihe Charilles SORP (FRS 1021. the Companies Act 2006 and 'Accounling and Reporting by Charities: Slalemenl of Recommended PracliGÈ applicable lo charities preparing their accounls in accordance wilh the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102) leffedive l January 20191°. Th6 charlty Is a Publlc 86nafil Enlily as defined by FRS 102. The financial statements are prepared in stedlng, which is Ihe functional currency of Ihe charlly. Monetary amounts in these financial statements are rounded to the nearest £. The flnandal statements have been prepared under Ihe historical cost convention. 1.2 Golng concern The Tiuslees have reviewed the inltlal budgel for Ihe 2025126 financlal year, whlch prodlcts another slgnlflcant fundraislng largel for lh8 coming year.11 is customary for the Neuro Th&rapy cent lo anticlpate a projected gap betwèen expènditure and known income al the beginning of the financial year. The shortfall between projected Income and expenditure has hlstorically been r/Jvered through fundraising efforts plus addillonal trust and grant applications. although this eAn never be guaranteed. A o)mprehensive plan Is always In place to a¢lively pursue various sources of income throughout the year, contrlbullng Iow8rds achieving funding Ihe budget s6t for Ihe year. The pdmary rlsk that the Centre has encountered and continues lo face is the potential loss of income from the services il provides. Ultimately, the risk is thal a service will be committed to be provided but a way lo fund that service is not found. To miligale that risk, the Centre continuously strives to secure funding from a wide range of sources while always monlloring and managing costs. The seNices provlded are fre8 of cost when provided, bul the actual cost of provldSng the service and sugges180 donallons 8r8 always hlghllghted wllhin the Centre and In markellng materials. The Twst8es and the sub linanc8 group conllnue lo m8&t regu18rly Ihroughoul the year to carefully monitor the financlal positlon of Ihe Centre and seek outside advice as and when required. In reachlng Ihelr conclusion. the Trustees have revlewed the chariws monthly cash flows, applied sensitivity analys89 as appropriaté, and considered the possibilty of longer-temi funding sources induding inter year grants 2nd legacies. As a result of the aclions taken and after consideralion of all faclors, the Trustees consider that no material uncertalnty exists and ihey conllnue to adopt the going concern basis in preparing the financial st8lemenls. 1.3 Charitsble funds Unreslricled lunds a available for use at Ihe discretion of Ihe Trustees in furtherancR of their charltable objectives. Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes, The purposes and uses of Ihe designated funds are lor Ihe improvement of property facilities and enhancement of the current service provision. Restricted funds are subject to specific conditions by donors or grantors as to how Ihey may be used. The purposes and uses of the restricled funds are set out in Ihe notes lo the financial slatemenls. 17-
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poli¢le$ Icontlnued) 1.4 Income Donations and logacies are recognised and induded In the accA)unts when the Gh8rily is entitled to th8 income. recelpt is probable and the amount can be m6asured reliably. Grants receiv2blè arè credited lo ihe Statement of Financlal Activities in the year in which they are du8 and when any performanc6 condiuons have been mel. Membership subscriptions are accounted for when re¢8ived. unless they are recelved in advance of the year lo which they relate, in which case they are induded in deferred i¥Kome. Assets for distribution are recognlsed only when distribuled. Assets given for use by the Charity are recognised when recelvable. Stocks of undislributed donaled goods are not valued for balance sheet purposes. 1.5 Exp¢ndlture Resources expended are Included In the Slalement of Finandal Activilies on an accruals basls, Inclusive of VAT which cannot be recovered. Expendilure is Trcognised when there is a16gal and conslruclive obligation lo pay, it is prob8ble that settl8m8nt will be requlred and the amount can be measured reliably. Support costs are those funclions that assist the work of the charity lyjl do not directly undertake Charitable activities. Support costs include general office costs, staff costs, property costs and governance costs which support Ihe charlly's aclivilies. These CL)Sts have been allocated to expendilur6 on Charilable actlmlies. The bases on which support costs have been allocated are sel out in the support costs note to the accounts, 1.6 Tanglble flxed assets Tangible fixed assets are initially measured al Cost antj subsequentty measured at cost or valuation, n8101 depreciation and any Impaimienl losses. Depreciation is reco9nised so as lo write off Ihe $1 or valuation of assets less their resldual valués ovér Ih8ir useful lives on tha following bases.. Leasehold improvements Units1&2 Pressure Chamber Equipment 10% per 8nnum- straight line 10% per annum- slraight Ilne 10% per annum- reducing balance 10% and 20% per annum- reducing balance The gain or Ioss arising on the disposal of an 8sset is determined as the dlfference between the sal8 proceeds and the carrying value of Ihe 8sset, and is recognised in the slatament of financial aclivilies. 1.7 Impalrment of fixed assets At e8ch reporting end dale, the charity reviews the carrying amounts of its langible assets lo d61emilne whether there is any indication Ihal those ass81s havo suffered an impairmenl loss. If any such Indralion exists, the recoverable amount of the assel Is ostimaled in order lo d8t6mine the extent of the impaiment loss lif any). 1.8 Cash and Cash equlvalents Cash and cash equivalents include cash In hand, deposits held al call wilh banks, other short-temi liquSd inveslments with original maturities of three monlhs or less. and bank overdrafts. Bank overdrafts are shown wlthin borrowings in curronl liabilities. 18-
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng pollcles <Contlnuedl 1.9 Financial instruments The ¢harily has elecled to apply th8 provisions of Seclion 11 'Basic Financial Instwments, and Section 12 'Other Financial Instrum8nls Issues, of FRS 102 lo all of ils financial inslrumenls. Financlal Inslrumenls are recognised in the tharits balanc8 sheet when the ¢harity be¢ome$ party lo the contractual provisions of Ihe instrument. Financl818ss81s and Ilabillt18s are offset, wilh the n81 amounts presented in the financial slalemenls, when Ihere is a legally enforceable right lo set off Ihe recognised amounts and ther8 is an intention lo settle on a net basis or to realise the asset and settle the liabillty simullaneously. 1.10 Employèe benefits The cost of any unused holiday èntillemenl is recognised in Ihe peri in whith the employee's services are recelved. Termination ben8fils are r6cognised immediately as an 8xpense when the charity is demonstrably commltled to lerrninate Ihe employment of an 8mployee or to provlde termination benefits. 1.11 Retlrament benefltB Payments to delined conlribullon retiremenl benefit schem8s are charged as an expensa as they fall due. Crltlcal ac¢ountlng estlmatas and judgements In the application of Ihe ¢harity's accounling policies, the Trustees are required lo make ludgemenls, esllmates and assumpllons about the Carrying amount of assets and liabililies thal are not readily apparent from other sources. rhe eslimales and associated assumptions are based on historical experience and other factors that are consldered lo be relevant. Aclual results may differ from these eslimales. Th8 Truslees consider that there were no judgements or estimatos that have a significant impacl on the accounts. The esllmales and underlying assumptions are reviewed on an ongoing basis. R8visions to accountlng eslimales are recognlsed in th8 period in which lh8 eslimale is revised wher8 the r8vision affects only that period. or in the perfod of the revision and future perlods where the VIsion affects both current and future periods. Oonatlons and legacies Unrestrlcted Unrestrlcted funds funds goneral do8lgnated 2025 2025 Total Totsl 2025 2024 Personal donallons Legacies and bequests Corporate donations Membership fees 88,655 245.223 9,898 15.667 837 89,492 245.223 9,898 15.667 88,109 11,874 50,552 12.623 359.443 837 360.280 163,158 For the year ended 31 March 2024 161,961 1,197 163,158 19-
) CO in r in tr¢7>0 ID Cq ffj *w 7J ¥) * 44 ro jo <00) 00¢$ OJ Ll) (O
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 othor trading acllvltles Unrestrlcted Unrèslrlcted funds funds general general 2025 2024 Fundralsing events Sale of provisions 24,428 21,451 24,564 21,456 Other trading actlvities 45.879 46,020 Invéstm¢nt$ Unrestricted Endowment funds funds ganeral 2025 Tot81 Unrestrlctod funds general 2024 2025 2025 Int8r8$t received 11,153 1.844 12,997 5.142 Expendlture on ralslng funds Unrestrlcted Restrlcted funds funds general 2025 Total UnrostrScted fund8 general 2024 2025 2025 Fundralsing costs Items for resale Fundralsing agents 4,544 8,715 248 4,792 8,715 6,293 6,701 14,562 Fundraising and publiaty 13.259 248 13,507 27.556 13,259 248 13.507 27,556 21
¢ls O) IN th O Lr) Lt¢ Ilj ouirri ) ¢Xs as ) a) IYJ J m (o ) oj a) ¢D J ¢JJ O) (N ¢N c c q)
o) ( asm (o WJ LYJ ujo
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Net movoment in funds 2025 2024 Net movement In funds is slated afler chargingllcrediling) Fees payable for the audil of the ch8ritys finan¢ial statements Depreciation of owned langlble fixed assets Loss on disposal of tangible fixed assels 7,500 33,230 3,242 16,792 11,400 11 Trustees None of the Trustees {or any persons connected with them) received any remuneration or beneflts frcNn the charity during the year. 12 Employ••s Number of employees The average monthly number of employeas during the year was: 2025 Number 2024 Number Equivalent full lime employees 25 23 Employment costs 2025 2024 Wages and salarles Social security costs Other pension costs 526.233 37,175 10,110 470,257 33,414 7,939 573,518 511,610 Of the tolal staff costs and Iruslee renurneralion and expenses £256.915 {2024 - £251.3641 was unreslricled and £321,60412024 - £281.034) was restrlcled. Penslon costs are allocated In proportlon lo relaled stsff cosls. The total renumeralion benefits payable to key management personnel was £61.186 The number of employ8es whos8 annual remuneration was £60,000 or more were.. 2025 Number 2024 Number £60,000- £70,000 -24-
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Other UnMstrl¢ted Restrlcted funds funds Total Total 2025 2025 2025 2024 Net loss on disposal of tangible fixed ass8ts 11,400 For the year endéd 31 March 2024 8.919 2.481 11,400 14 Tanglbla flxed as$8ts Leas¢hold Improvements Unlt$1&2 Pr•s$1* Chamber Equlpm•nt Total Cost At 1 April 2024 Additions 369,426 96,642 123,166 19.357 161,662 68,424 647,087 191,590 Al 31 March 2025 369.426 219,808 19,357 230,086 838,677 Depreciatl¢>n and Impalrment Al 1 April 2024 Oepreciation charged in the year 334,791 6,281 11,837 752 89,563 11.543 436,191 33.230 14.654 Al 31 March 2025 341,072 14,654 12,589 101.106 469,421 Carrying amount At 31 March 2025 28.354 205,154 6,768 128,980 369,256 Al 31 March 2024 34,634 96.642 7,519 72,098 210,893 15 Debtors 2025 2024 Am4)unts falllng due wlthln one year: Trade debtors Other debtors Prepayments and accnjed income 517 4,555 29,268 3,119 2,017 19,171 34,340 24,307 -25-
NEURO THERAPY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Credltors: amounts falllng dua wlthin one year 2025 2024 Other credllors Accruals and deferred income 18,882 41,517 23,122 10,053 60,399 33.175 17 Daferred Income Deferreé Inexjme at 1 April 2024 Refunded in tho year Received in the year Deferred income at 31 March 2025 1,454 11,454) 457 457 Deferred income r&lales lo fvnds received in advance from fundraisers for evonts that take place after Ihe year end or membership subscriptions received in advance. 18 Rétlrement bonefit schemes 2025 2024 Daflnad contributlon schames Charge lo profil or loss In respe¢l of defined contribution schemes 10,110 7.939 The charity operates a defined contribullon pension scheme for all qualifying employees. The assets of the scheme are held separaiely from those of Ihe Charity in an independ8nlly adminislered fund. 19 Endowmént funds Endowment funds represent assels which musl be held by Ihe charity for a perlod of 5 years. Income arising on Ihe endowment funds can be used in accordance wilh the terms ol Ihe endowment and is included 8S restricted In¢ome. After a period of 5 years the funds can be released from the terms of the endowment and wlll become part of unrestricted funds. At 1 Aprll 2024 Incomlng At 31 March rosour¢es 2025 The Edward Gosillng Fund 181,844 181.844
lj JOJ ots t))thOO ooo WcaoNoo loooooo 000 OOQLn ¢D o) J c U ¢1 Z £ <0 Q) (Jouuu E o)'_ <2(D(DtnUUUOUuUUUUQWUJlL(jQr
000, • ir)rowO 0*0 jo Oln (O C¢ 00 00 ¢0 in OOLnooo 0¢0000 In¢XI O Lr) * 01 oujo oots C•rO rrto <rJ o J J J - LL Q TJ Ul o E5 CN (n o o VJ q) q)
2¥ ,jll.I CLC ¢PJ o £ ffj rfj o x QI OT> (L<Q(g(JziJ&¥uo2uLLQQ)L)azorf £< OJUZ L> L) U tFJ'_ SS>>¢r ¢D" <2coCDmUUUUUUL)OWliLilL1(Ir
CLE£ xxa £cJc) ILLux¥z(go}ZU)CLP iLIJLL(LzSz (J 4)2 EoC)oEE ao £ffjE(ou XO UZJJ E- EE5 c L) v)a 41 ffj uJ(ty ffj o) ED(oor£c£ffj- OLPLuWryo£d) J 4) Q) zZZCLQtr-ttUJU)lL-FF> W(f
S ¢0
NEURO THERAPY CENTRE LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Operating Lease Commitments Lessea Al the reporting end dale the chartty h8d outstanding commitments fw future minimum lease payment8 under non-cancellable operating 188ses. which fall due as follows= 2025 2024 Within one year Betsveen two and years 54,824 58,005 55,649 109,859 112.829 165,508 23 Related party transactlons There were no disclosable related paty transactions during the year12024 - none). 24 Cash 98norated from opèratlons 2025 2024 Surplus for the year 418,462 50,614 Adlustments for. Investment income YegniSed In statement of financial 8cllvllle$ (Galnyloss on disposal of langibte fixed assets Oeprecialion and impairment of tangible fixed assets (12,997) (5,142) 11,400 16,792 33,230 Movements In worklng capltal: Ilncrease) in debtors Increasel(decreas8) in credilors (10,033) 27,224 16,502) 117,444) Cash g•n8ratéd from operatlolls 455.886 49.718 25 Analysls of changès in nét funds The charity had no debt during Ihe ar. -32-