Nottlngham Multiple Scleros5s Therapy Centre Limited (A company Ilmtted by guarantee) Report and Financlal Statements Year ended: 31 December 2024 Charity no: 701421 C4JTipany no: 02294556
Nottlngham Muhlpl• Scl•rosls Th•rapy Contr• Llmlt•d Contentg P•9• Leg818nd adfflinlstratlve inknnalicxi Report d the Trustees Indepdent ExamlnefS Rep¢)rt ststement of Flnand81 Actlvlth88 B8lance Sheel Notes fcymlng part of the financial ststements
Nottlngharn Muftlpl• Scleroslg Therapy Centre Llmlted Logal and admlnlstratlve Infonnatlon Dlf•Ctorn •nd Tru•t••g: Andrew w8fbvk John Foa C8foHno Kalshekef R•gkstsr•d Offlc•: Unlt H2, Trent P8rk IfMkntrI81 Eslate Little Tennls Street South Nottlngharn NG2 4EU ReportlTrg Ac¢ountants: Sarnantha Allan 3 Holloway Close E8gt B¢Word Nottlngharn NG13 8NG Company Rtylst•r•d Nunth•r 02294556 Charlty Reglst•red Nurnb•r, 701421
Nottlngham Muftlplo Sclerosl• Thornpy Cerrtre Llmlt•d Report of the Truste08 for the porfod endod 31 December 2024 Company reglstratlon numbor 02294556 The trustees. who arB 81s0 dired(kn ()f the dbarlty for the purp0888 of the Ccwnpanias Ac( submlt thelr 8nnu81 report arxj fv finwbdal ststements ft)f the p8rlod ended 310embar 2024. The trugtees have 80opted the provlsknns of the Ststement of Recommendod Practke (SORP): AccountirvJ end R8fx>rting by tharlties (bsgued M8rdi 2006 as modlfied June 2008) in proparlng the annu81 report and finand81 stet of the chwlty. Tha tharity18 8 ch8fltable comp8ny Ilrnlt8d by gu8r8ntee, not haV1r 8 sh8re c8pltal. and was , tswpor8ied on 9th September 1988 and ft Is reglsl8red wlth Ihe Charity Commlssk)n. tt Is govemed by its memofandum 8nd 8rt1des of associatlon datod 6th J8nU 1998. Refaronca and admlnlstratlve Inforn)atJon Tha trustee3ldlreclCKS. d)arty registration numbor 8nd FKlncWI 8ddrnss of the chartty are Ilsied cffi p890 Structur* govemanco and managem•nt Gov•mlng document The charty Is govemed ty ts momthpandurn and articles of 8ssodatlon d81od 6th January 1998. There ere no restrIctl8 on the operation of the ch.afTty or on Its Invesbnenl Wers, other ¢han those lrnposed by wefal charty law. Gov•rnlng body The compai)y'8 directors. who are atso the charity's trusie8S, are 881 out on page 1. The direciofs also constltute Ihe boafd of directors bthlch accepts overall resprnsiblity for oper8tsonal, financlal and con6lftut1 m8ttefS., R•cfultmont and tralnTng of trustms board of trusloes Is composed d In(fyiduals nomlnated by existlng members. They are coristanty looking to recrult new trusteos who can tYO8den the skHls, knedge and exp8rlence ol the chanty to ensure that It contsnu88 to be focused on m08tlng the neo(ts of its nerl8n.es. Trustees are choson ft)r they partKular skills and pefsonal knothlge. Trustee vacanc•es are advertised In the k>cal Pfes8. wlthin the Centre ilsem ar)d wlth the l(Kal Volunteef Buwu. Nomlnated trustee8 appolnted by vote at the next avallable comrnrttoe or Annual General Meetlng, whthevef cneS first. Organlsauond Management, The charlly's trusle8s are legaly reswslble for Ihe 0ra11 maiiagemenl arid control of the charlty and ,m8et wularfy through(xrt the yoar. Rlsk manag•m•nt The truslo88 regularty revlffiy the major rlsks whth lh8 charlty faces, and prOureS have been put in P io mltlgate these rlsks. The prncedures th8m8elv88 wlll be r8gularty revlewed to ensure Ihat th8y stm meet th8 needs of the chwfty. Wo we 6tlll owatlng under our Covkl Prot01 as th8 rlsk ts stlll very ,,Pfes8ni.,
Publlc benefi( obJ•ctlvos actlvltl•s and achl•vomonts , Publlc b•n•fft and obJ•ctlv•• The trustees have due regard to the gukjance knued by Charty Cornmlsskm on public benefiL Th"r obiectlve 18 to aid and Improve k>r all Ihe public benefrt In the 8re8 01 benefft. the condltlon of those suffering from muftlple sderosls by any lawful rnoans, induding the folowlng: (a) ty bflnghg together people wlth muftlple 8dwosfrs and people Intore8ted kn. and professlonals wothlrKJ wlth. muttipl• 8dorosi& (b) by providlrrfJ 8dYke, guldance and practical 8UPPOrt for people with muftiple sclwo8kS;, (c) by provkltng therapy (indudlng hyperbarlc oxygen th.erapy) for people wit.h multiple sderosis or other condltlons. Acttvltles and achlev•rn•nts The Centrn provides a range of (x>mtAementsry Iher8pies to people th muftiple sclerosls and other ctrwonlc C(oftl0ns. The88 lTrde Hyp8fbanc Oxygen, Phy3lolhef8Py, M8ssago, a range of acces8Sble exerdse equlpmen( and advice. infoffliati<>n and SUP, As ever It's been a rdlwcoaster of chaUeryJes that stalled or prevented things we wanted to do froffl happenlng, but at the same tlme we ha made skgnlflcant prOg$S on othef fronts. and have achieved some 908ls Ihat we had set oursefv8S. Fee8 and 8uggest8d treatment donations havè had to Ir)crease a Ilttle. fc obvk)us r8asMs. Th8 general eccrfKYny exerts a o)nstsnl fMianci81 Impa(a centre overheads and consumable c08ts and we need to account for that to ensure the centre remalns open. We dso stniggle wlth finandal wessure on Ihe,, staffing side. as It is ty f8r our blgge81 cost. and they remain oveThvoiked and underpaid for what we ask them to do. We 8ppr8ciat8 th8ir dodkabon. aknrysKle all our volunteers, In keeplng the centre rurinlng as smoothly as it dw. Volunts•r¥ The charfty Is grateful f(x tha unstkntlry efforts of its volunteers. Volunteers are recnAted thtDugh k)cal advertlsing and volunteer bureau. Full tralnlng Is glven, by the manager, for the role tn whkh the volunteer 'Is place The Centre's small teain of paid staff 8r8 SUPPOrted by a team of 10 dedicated volunteers in a variety of ' roles. Indudlng tnjstees. hypert)artc chamber opef8tors, admin, communlty fund raisers and shop cojlectors, web site deslgner and general Centre assistsnts, Wlthout Ihe. Invajuable on*oing support and time of our volunteer5 Ihe Centr8 would r)( be 8u8tslnable. Flnanclal revl•w Atthough the financial slalements to follow show a net resourc88 expended. the trustees consldef 2024 to" be a successful year In terms of charltsble actfrvths. Income from ch8ritsblo activltles show an IrKrease of15%. The extra costs Involved wlth the expanslon play a huge part In p(thlng the flgure8 Into defldt Ih889 wll hoFthAly be balanc8d out en addttfional fundlrNJ Comes in. The trustses W(k1 Ibke to thank everyone for Ihek don8tlon8 and grants through( the year. Detalled Ihanks will be given in our wbli8hod 2024 Report provlded to our members and donors.
Pollcy on R•••rve• The truslees have exwnined Ihe chanty's requlfements f reserves In the Ilgtrt d Ihe maln risks to the 0fganlsatl¢. tt has eslablished a pollcy whereby the lev61 of unrestrlcted fu whlch have been neither commltted nof invested kn tanglble fix8d assets held by the charity should be 8uffi¢6ent Io c()V8r the Proposed expendllure of Ihe char6ty kn the folbjwlng year. Accounts pr•paraUon Th6 trustee8 cmfirm that the aCCnts comply wlth current 8tstutory roqukements and wth Ihose of the ' govem.fng Instrument, Thls W has been sYep8red kn accffthnce with the Ststefflent of Recommended Pr3ctiee . ACCntIng,. and Reporti"ng ty Charit (issued March 2005 as modlfied June 2008) and In accordaru with lh8 . spodal provlslons in Part 15 of the Companles Act 2008 applbcable to (1panIeS 8ubpct to the srrral compani8s lMe. This report Was approved by the Trustees on 2 September 2025. Andrew Warwlck Dfrector
Nottlngham Muttiplo Sclerosis Thorapy Centre Limited Independent examjnerfs report to the Trustee8 of Nottlngham Multlple Sclero61s Thorapy Centre Urnlted I report on the aCcntS of the company for the ye8r ended 31 Decernbef 2024. which are set (xrt c P8ges610 11 R•8P•Ctlv• r•sponslbllltl•• trust••s and •xamln•r The trustees (who are also the dlreth3 of tha ccxnpany for the wrposes of company law) a responsible for the preparaik)n of the accounts. The d)arlI3 trustO88 conskl8r Ihat an audlt Is not .required for thls year under 8OCtk)n 14412) 01 the Charltles Acl 2011 (the 2011 Act> and thal an 'independ8nt 8xamFnat*?n18 needed. Havlng satlsfiod mysefrl that Ihe charity is not subjecl to aLxIrt under company law Is el'blo for ,IndewNJent examlnatlon, it Is my rBsponsiblllty to: examlne ttie accounts under section 145 of the 2011 ACL" to lomow the procedures lald down In the General Dlrpdioris gtvèn by the Charfty Commission under sedion 145(5Xb) of Ihe 2011 Act. and to stste whoth8r partlcular matters hava corno to my attèntlon. 8a818 of Ind•p•nd•nt •xamln•rf• r•port My examInatic was carried out in accordance with Ihe General Directlons given by the Charfity Commissicm. An wminalion incjudes a review ol Ihe 8c¢ountsng rec(xd6 kept by Ihe charty and a comparfson of the accounts presented with those record8. It s0 Includes consld8ratk)n of 8ny ur)usual It8w Of dIsckr@S In the 8ccountS, and Ihe seeklng 8xplanat5ons from you 83 tntstees concerni any suth Matters. The proc43 urKJert8ken (k> not provlde all the evKlence that WOLdd be rpqured In an audlt and, consequenty, no oplnbon Is gN8n as to hthether the accounts pent a 'true and falr vle arKI ts POrt ts Ilmrted to ttK>se matters set out In the statem8nt below. ,Indynd•nt •xamlnerfs stat•m•nt In conn8Ctlon with my examInatI. no matter has como lo my attentK)n: whlch glves ma r8a8on8ble cause to believe thal, In any matsfial respect, the roquirefnents: (a) to keep aCCnt9 records In a¢c(Kdance wrth SeCtk 130 of the Chantle8 Act: and (b) to prepare accounts whlch accord wlth Ihe 8cc(xJntkng records, comply the accountlng requirements conceming the form and content of account6 8et out In the Charities (Accounts and Reports) Regul8tlons other than any requirement that the accounts give a 'true 3rKI fair, vlew have not been met; or to whlch, In my optsnk. attentlon should be drawn In (xdor to enable a proper undets18n(iing of the ts k> be reached. Samantha Allan Chartff•d Accountsnt 3 Holloway Clos• East Brfdgfonli Nottlngham NG13 8NG 29 !¢p.iÉm6Ee 202S
Nottlngham Multlpl8 Scl•rosls Tharapy con Llmltod Stat•m•nt of Flnancial Actlvltles (Includlng Summary Income and expendfture account) for the year end•d 31 December 2024 Unr•6trl¢t•d_ R••trlctsd Total Totaf Fund• Fund 2024 2023 Incornlng Rmources VolLm.tsry Inw Cbit8bl8 8¢b"viO9 Inyeslrnnt tr)c 38.982 87.879 197 38,982 67.879 197 47.438 , 59,022 342 Totsl Incomlffj f••WC•• 107,058 107.(158 lo6.2 Resources o%p•nd•d Exp•nthtLH• on: Ch8rltth 8ctivitlos Inv8slnxnt managwnwil costs 1(X).4C 25.233 1,492 2,823 100,400 25233 1.492, 2,823 8S.053 23,825 1,512 129.948 129948 114285 Not In¢TrIng rosourcMI{r•jo(rc •xp•nded> (22,890) (22,8W) (7,483) Taxal N•t Incom(0Xp•ridI1uT•) lor th• year 122,890) (22.8W) 17.483) Fund balaN%8 brtsjghl f(xwanl Al 1 January 57.486. 57,486 Fund ba1CeS Cafrled fmrd at 31 Decen* 34,596 34,596 57,488 Al ofthe above feaults are derfved cMllnLlr¥J thlllé& All ga1Th8 dI000eG recowlsod In th• y•w wo above.
Nottlngharn Multlple Sclerosl8 Th•rnpy C•ntr• Llmlt Balance She•t as at 310ocernb•r 2024 2024 2024 2023 Not•g Flx•d •sMts Tanglble 3.518 9.842 Curr•nt aM•t• Stock8 Deblofs Cash at bar4¢ h•nd 1,375 '16,708. 20,649 34.199 21,299 38,732 66,498 Cr•dttofJ: rnunts fjfilng du• wlthln on• y•ar .654) (8.8S4) Not cwr•nt au•ts 42250 47.644 Totsl a•s•t• Iw curr•n¢ IlabMItJ•• 34.598 57,486 Fund&" Unrvstrkt•d fvnd• Genernl fvnds 34.5 $7.486 34.596 57,486 The drecl(xs are satbfi8d that the company 18 enlrtled lo exempts.on frorn the requ1rernt to ckntaln an 8Y1t under Sect1 477 of the Companies Act 2006 and that no rnefflber or members have rpqulred Ihe: mp&ry to obtam an audlt in accordance th sectfron 478 of thé Act. The dlrectorn 8ckr)oOd9fj thelr reSPbrtleS for comptying wlth thé rwuireinents of the Cofflpanies Ad 20( wlth r8spect Io accounting records. and the wep8r8tion of the accounts. Tho acC(x18 have been prepafod and d1vd In accordance wrth the provislons a&Cable to small companies subjed to the small companies regime and in 8cCOrdan wlth FRS102 SORP: Approved by the board on 29 September 2025 Andr•w Warwlck Dlreetor
Nottlngham Multlplo Scl•ro81s Therapy Cantr• Llmlted Note3 rrnIng part of tho flnanclal statementg for th• year •nd•d 31 December 2024 .Ac¢oiintJng polld•s (a) 88818 of pr•p8ratlon , Th88e 8ccounts h8ve been propared und•r Ihe hlslorlcal co81 conventl¢m with11orn recogntsed at cost (x tranSn valu8 unle8s othefwise ststed in the ralevant notrfs) to Ihese accounts. The accwnts h8 been wpp8rod In accordance 1h Ihe St8temert d Recommended Practke: ACc(XtIng and Raportlng ty Ch8ntleg preparlng their a¢Munt8 In accwdance wilh the Fin8no81 Reportlng Standard applicabl8 in the UK and Republr of Ifel8nd (FRS 12) ¢a8 app88d to Wr11 enUties by SeC)n 1 A ol Ihe StaTard) Iss9 on 16 July 2014 and wlth the Chantses Act 2011. (b) ClanY statu• chafty Is a company knrtod by guarantoe, In th8 0vent of ts th8rfty b8lng wrbd up. tr)e mbals of the company undertake lo Contribute lo the assats of thè cofftp8ny 8n amwrt r exceedlw £1 par member of the company. (c) Fund aountIng General fijnds are um61rfctod funds whlch are 8V8llabSe for use at the dlsuetk)n of th• trustees furtheranca of Ihe genwal obpctsveg of ch8rtty and whlth h8ve not bean deslgnated for other. Resth'cted funds are funds whlch are to be used In acc(Yd8nce wfth spodfic reStr1d Imposed by. donors or lch have bean ratsed by tho ch8rtty tr p8rtkular purpos88. The cost of raising and admknlsterfng funds arn ch8ffJed agai¢ tha specrfK fund. The aim and us6 0( each r8StrJthJ fvnd is Set out n the notes to the flnancl81 staternefts. Investment income and galns are aBocated to th8 approprlat8 fund. (d) Incarnlng r•sourc•• Al Incomlng. resowc88 are st gross and Included In tha SOFA when ts charlty is logally entltl8d to tho IfKOfrn and Iho amourt can ba qu8ntsfied wlth reasonable accuracy. O(yiations are v)cluded in the SOFA vh*n recefvable. No 8mounts ar8 induded In Ihe finandal Ststements ts servkes d(ated by vollntee Interest income is (ecognlsed when recelvable. (e) RoGourcM •xp•nd•d All expendlture Is 8ccounted for on an acuualg basis and has been dasyfsed UfKlef headings that aggregale all costs related to th8 category. Expendliure kndudes any VAT whkh n01 recovered and is re)rtfrd as part of tha exwditure to whlch 11 r8tateg. AJ costs have been 8ttrlbuled dJr8Ctly to Ihe relevant he8di)g& Govemance costs Indudes bookkeeping and the cost ol preparlng and ex8mining the ststutory
Nottlngham Muftlple Sclerosls Therapy Centrn Llmitsd Notes formlng part of tho flnanclal ststements for the year end•d 31 December 2024 (n Tanglbh flx•d a•s•ts and deprnclatlon TarNJltAe asseb are Included at Cogt Indudlng any Incldent81 expenses of wu19itkxL D8predaUon18 provldod on 1 tsngkblo flxed a8S8t8 at rat88 C8kd8ted lo wrfte off the cosl on a strajght Una bas¢s their expocted u6•lul economk Ilveg 8$ fcAIows: Flxlwm ffttlno8 and equIpml over S year8 DecompressK>n drnber over S y88rn (g) Sto¢ Slocks are valuad at the lower ol CO and net reall8alAe v8lue. (h> Forelgn currwicles Tr8ns8clbn8 in foreign curren¢le8 are rocorded at tho rate rullro 8t the date of the transactK>n. 'malary 8ssets and liats"Illies arn retr8n51ated at the rale of exchange rufing 8t Ihe balance strkget date. Al differences are tsken to the SOF (l) Dobtorn DebtorG'Onduding trade debtors) are m8asured on InltSal r6cognltk>n at settlement allnI after 8ny trade dlscounts or amount advanced ty fv charity, Sub80quently. U)ey arn me88ured at the cash or other cideratIOn eX&¢d k> b8 recdve 'U) Credltorn The charity has ¢yoditor8 whlch 8re measurnd at settlement arnounts less any rffrscounts. Analysh of Incorn• Analysis Unrestred nds Restrkted Total funds nds Pnor year fvnds Donat ac Membership subscrlptbns Donations 5.200 5200 5,400 11.782 11.782 20,434 Fundlng 22,0(X) 22.0 21.604 Tolals 38,982 38,982 47.438,. haritable activitie* Oxygen ncorné fr nvèstmortts: Inlerest ITKome 67,879 67,879 59,022 197 197 342
Nottlngham Muftlplo Scl•roslg Thernpy C•ntrD Umttod Notes formlng pwt of th• flnaficlal stat•rnents for th• y•ar •nd•d 31 D•c•mb•r 2024 ,Analy•lg of •xp•ndltur• Analysis Unrostrlcled Re8trthd Totsl for fiJnd8 Total prfor year of eTher8tin volunta Incurred seekjng lundlng Other tr8dlry 8Clfvllles Staff costs . Depredallon Profit on dls Totsl 42,189 12,751 39,136 6.324 42,1 12.751 39.136 6,324 26,144 11,738 38,417 8.7S4, sal of assets 100,400 100 400 85 053 Oxygen, insurance and mainténan Staff ( Total 13,650 11,583 25,23 13.650 11,583 25.23 13,560 10265 23,82 Invest Bank Intefesl pald Bank tharges ' Curre cha Tolal on costs:. 1,492 1,492 1.512 1492 1492 1,512 Book-keeplng costs, Independent examlnerfs fo88 Consultsnc fees Total ,.250 1,500 1073 2823 1073 2.823 2145 3,895 staff costs 2024 49.999 720 50 719 2023 48,149 Satarles and wages Penslon costs Total . 48,682 P•nslon costs ContrIbutl5 to defined o)ntrfbutlon plar¢8 are expensed In the perk>d kn whth they rdale. 10
Nottlngham Muftlpl• Scl•rosls Thernpy C•ntr• Llmltod NOtO8 formlng part of th• flnanclal stst•m•nt• for th• year •nded 31 December 2024 Tanglble flx•d a•set• Flxtur••, flttlnga D•cwffj8lon and •qulpffl•nt Chamb•r Total Cost At 1 January 2024 Addillons,. Disposals 93,446 39,537 132,g83 At 31 DKffiib•r 2024 93.446 39 537 132,983 Deprectstlon At 1 January 2024 Ch8rg8 tor year On d4sposals 83.604 6,324 .39,537 123,141 6.324 At 31 D•c•mber 2024 89,928 39.537 129,465 Not book value At 31 Decemb•r 2024 3518 3518 At 31 Decornber 2023 9,842 There w85 pIts1 expendIlU contraded fcx, but not PfovTded in Ihe financial $t81ements. btors- 2024 2023 Trada debtors Other debtors Pfwaymts 7,931 8.n7 24.747 9.452 16,708 34.199 Crndftorn: Thwrts falllng wtthln on• y•ar 2024 2023 Trade credllors Other crediiof8 .Accru81s 3.871 2.103 1.680 3,386 1,204 4,264 7,PthY 6,942 11
Nottlngham Muftlpl• Scl•ro•ls Thorapy'C•ntr• Uffllt•d NOt•s formlng part of th• flnanclal ststem•nts for th• year onded 31 D•c•mb•f 20 stat•n*n. t ol fund• Al 1January 2024 At 31 D•c•mb•f 2024 Incoffl• Exp•ndltur• General rng•rv• Total unr••trlct•d fvnds 57,486 107,058 129.948 57h86 107,058 129,948 34.596: Totsl fund• 57,486 107,058 129.948 The G8neral reserve rnpfesants tha free funds of the ch8rlty whlch aro rnt deswanated for particular purp088& The toial net assets of the )mPanY ar8 roproted by its gefwral reserve. 10 Other Infomiatlon Nottingh8rn mtsPIe Sderosls Therapy Cofrtre Umrted ts 8 pfN8t• company Ilmited by guararrteo aTra In¢orpordted in England. its rnglswed offe 18: Unrt H2, Trent Park Industri81 Estsl8 Lrttle Tenn18 Streét S(xrth Nottingham NG2 4EU 12