REGISTERED COMPANY NUMBER: 02366441 IEngl•nd and Wales) RECISTERED CHARrrY IWMBER: 701561 MERCIA MS THERAPY CENniE LTD UNAUDITED FINANCIAL STATETrIENTS FOR THE ITAR ENDED 31 MARCH 2025 Am)strongs Bishop Simmons Chartetd Accountants and Tax Advisors Gethin House 36 Bond Street Nuneaton Warwickshire CVII 4DA
MERCIA MS THERAPY CEPITRE LTD coiYrENfs OF THE FINANCIAL STATEMENTS R THE YEAR ENDED 31 MARCH 2025 Page Reference and Administralive Detsi]s Report of the Trnsttts Independent Examiner's Report Statement of Flnanc121 Actlvld Balsnee Sheet 9 to 10 Flot to the Ffin4tt¢i Statements 11 to 18 Detalled Statement of FinaDcial Acfivitle5 19 to 20
REFERENCE AND ADMINISTRATIVE DETAIIS FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES C S Kitson Trustee D Ridgway Trustec L Barnes Tn D Partington TTUStee C Allbut Trustee (appointed 24.6.2024) REGISTERED OFFICE 8 Macefteld Close Aldernians Green ]ndustrial Estate Coventy West Mi(llands CV2 2PJ REGISTEREDCOMPANY 02366441 IEnglaJJd and Wales) REGISTERED CHARITY NUMBER 701561 llYDEPENDENT EXAMINER Arnistrongs Bishop SimmoT]S Chartered Accounlants and Tax Advisors Gethin House 36 Bond Street Nuneaton Warwickshtre CVII 4DA Page I
MERCIA MS THERAPY CENTRE LTD REPORT OF THE TRUSTEES FOR THE YEAR ETr4DED 31 MARCH 2025 The tnjstees who are also directors of the charity for the purpos of the Companies Act 2(K)6, present their report with the fmancial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice appli¢able lo charities prq)aring their accounts in accordance wiih the Financial Rq)orting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Objective5 and Activllt The Companys objectivas and principal activities are to help people with Multiple Sclemsis (and their carers) to remain as actÈve and mobile as possible commensurate with their difficulti&s. The Charity offm 8 variety of therapies ati practiced by professionally qua]ified therapists. are also aN7ilable for many other condition4 including children who have Cerebral Palsy and Aulism and Cancer patients. All are available to our members within the Centre which provides a friendly and relaxed environment where they Can enjoy companionship and peer support. Page 2
MERCIA MS THERAPY CENTRE LTD REPORT OF THE TRUSTEES FOR I'HE YEAR ENDED 31 MARCH 2025 Tberapies Oxygen Thryy We have two ¢harnbers wherein we treat people with Multiple Sclemsis and other neurological conditions, Autism and CeTebral Palsy, Cancer and still have spaJE capacity available. Physioth¢rapy still a very popular theJ3py, essentiaL for those with Multiple Sclerosis. We have specialised equipment including an triCallY operated standing frame which enables memb¢TS nornllY rriCted to a wheelchair to stand upright. We atso have uppeT body ryuipmenL balance equipment and p)wer assisted exercise bikes, all duc to generous donatio from ChaTitable TTusls. We have an incThing nuMr of pePIe recovering from strokes who are using our physiotherapy servic£. Rcfiexology This therapy is still very popular with ourmembers and helps relieve pain and discomfort and aids relaxation. Yoga utiliseA by a &naller group of ppIe, who nevertheless benefit from the therdpy. Our yoga teaoher tsilcrs the claws to meet the needs of each individual taking p•L so that Can set the Maximum benefit depending on thciT abtlities. Viofor Viofor equipment provides pain re]ief to sufferers of Mujtiple Sclerosis and other condition4 by using electromagndics. Spoits Therapist Specialiising in lower back pain including Sciatic4 sports injurles and ¢lwonic conditions. Foot Health We have a prdctitionet who attends the centre twice monthly to treal members, foot PToblems.This is a vital and very pular therapy. Outreach Servi¢e-Home Visils We rcalised that there were a number of our members who were becoming increasingly isolated due to their age and ill health and were fmding it difficult to attend the centre for their treatments. Thanks to the generosity of chaTitible trusts we have startd an outreach seryice whereby those members who can no longer attend the centre can bc visited at home by a thryisL Counselling We Iwe a counsellor who gives her time free of charge to our members should they wish to a¢¢ess her seTvice& We hold several therapy tester daysAvellbeing days per y&2T, wheTe peopl¢ wilh many different mcdical conditions can acce ail our therdpies foT a small donation and on wc&sions of charge if fiu]ding is in placc. Therapartic cl& When funds e available various art and craft claw arc hcld for our members. Members find thase activities therdpeutic, creative and within their physic81 capabilitie& Advice and Information In addition to the amiual accounts we produce an infoTrnation leaflet which shows pictures of our therdpists providÈng their r&spective therapies tOEetber with additional inf0mtion ai¥)ui them. These ar¢ di%tiibuted to GP surgeries and hospitals within our 8rea and generally are available to mem}rn of the public upon any collection day or event. We also produce inforniation packs tsilored to specific me41ical ronditions and foul inforniat?ve newslettetB per year. The rentre holds pm MUal Opcn Day when members of the public are invited to meet the thcrdpists and dis¢u&s their requirement and therdPiSt5 give practical demonstration of their therdpies to people. If there is a demand for new therdpy from our MnbS, the Centre will endeavourto attract funding so thal this new therapy can be introdu¢e(L Page 3
MERCIA MS THERAPY RE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCB 2025 ORIECTIVES AND ACTIVITIES Training Training is given to staff in First Ai41 Fire Safety, Child Protection and Fundraising techniqu and Charity and voluntrtt management. Trnining is also given in the operation of thc two oxygen iherapy charnb3. This training is also giveD to voluntccrs who. whcn traincd. will be examined and certified by the Centre Manager. Financi Review The existence and well-being of th¢ Centre and its ability to heavily subsidisc all thcrdPi&% for our tncrnbcrs Tcly of course in the ability to attract funding from Charitabl¢ Trusts, Companies and community funthising- The accounts for the pcriod ended 31 March 2025 show donations from Charitable Trust8 individuals and public fundraising totalled £111213 compared to £67,561 in the previous year. Total income for the year amounted to £179,067 with total ¢os¢s amounting to £160,650 with a resulting sU]uS of £18,417 ¢ompaRd to a sulUS of £6,986 for the previous year. Centre expenditure has again been kept to a minimum where possible and every effort will be made during 202512026 by our dedicated staff to produce a surplus for the year ded 31 March 2026. The staff will continue to wot* tirele&8ly on fundraising activities and cost cutting measures. lllvestment 2nd Reserves Policy sU1s fijnds are invested in the Cambridge and Countrie4 yielding a return of 1.75 /0. Aside from relaining a prudent amount in reserve each year most of the charity funds are spent in the short tenn and thetE are few fijnds available for long tern] invesimenl. When we ha achi¢vd our goal for our reserve policy we can reconsider an additional invth]ent which may gtve a higher rdurn. The Management CDmmittc£ ha% cxatnincd the charitys requirements for rt8erves in the light of the main risks to the OTganisation. It has established a policy whereby the unrestrict&l funds not conunitted or iDVCSted in langible fixed a&sets held by the charity. should be bdween 6 months and 9 months of expenditure and based on 2024 the target is £66,(KM) to £ioo,o(10 The reservas a needed to meet the working capitsl requirements, and the day-tfrday numing of th¢ chaTity ènd the Management Conunittee are confident that at this level they would be able to rA)ntAnue the current activities of the charity in the event of a significant drop in funding. Free reserY&s available to the charity are £150,966 and we have therefore met our nine month target lev¢l. However, the management committee has set aside a designated fund of £50,000 out of the free reseThes as a contingency fjjnd to help finance fvture large Tepair costs and replacement of capital equipment and this has reduced the free reserves to £100,966. Page 4
MERCIA MS ThERAPY CEiYlliE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ORIECTIVES AYJ D ACTIVITIES We would like to give thanks to our main contributors for their continued support and fimding of the chaTity. Asda Foundation Hospital Sattwday Fund Pamela Barlow Charitable Tnt Ban Davenrt'S Charity Coventry General Charities FC Stokes Charitable Tnt Florence Turner Trst NeightK>urly The Gilander Foundation National IA)ttery Community Fund W G Edwards Charitable Foundation Coventy Church Municipal Charitics Heart of England (Coventy Building Siety} Kendrick & Sylvia Edwards Trust JC SecLombe Th]st Marsh Ch&itable Trnst Haramead Trust Lillie C Johjwn Charitable Trust WO Street Chwitable Tn% INfI CbaTitablc TTUSt Jamas Wise Charitable Trust Rowlands Tnt Alb&t Hunt Trust WED CharAtabl¢ Tn Jules Thorne Chatitable Tn C(FOpeTative Our priority for 2025 is to continue to raise sufficient funds and to increase the utilisation of our therapy centre by other disability and community groups who may benefit from the facilities and setvices that we can offer here. Also we have an increasing number of cancer palients and long covid patients using our centre and we hope to develop somc specific Scl¢eS for this PUTW)se. STRUCTi]RE, GOVERNANCE AND MANAGEMENT Governing document The organisation is ¢haritable company lirnitcd by guaran* Incorport on 29th March 1989 and reg1cTed as charity on 16th May 1989. The Company w&8 tablished undeT a Memorandum of A&wciation which determined the objects and powers of the d]aTitable company and 15 governed under its Articles of Aswiation. tn the event of the company being wound up members are not required to contribute financially. Recruitment And v4ppointment of the Management Committee The Directors of the Company arc also chaTity truslcas for the Purposes of charity law and under the comp&Ws Articles are known as a Committee of ManagemeJrt. Under the requirements of the Memorandum and Articles ofAssociation the members of the Management Conynittee are elect to serve for one year after which they must be rfrelccted at the next Annual General Meeting. Page 5
MERCIA MS THERAPY CEI¥4TRE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRucfuRE, GOVERNANCE AND MAF4AGEMENr Organis*tionAI structure The Mercia MS Therapy Centre h&8 a Management Committee of up to six members, who meet every 3 months. The Ccntre Mjager also attends. The Centre Manager docs not have any voting rights at these meetings. The Centre Managcr is rcsponsible to the Chairnian of Tnjstees for Fundraisin& to ensure that cotporale and community fidlSing are progressed efficiently and effectively. the safe and eificient rUT1ng of th¢ centre and the monitoring and recording of 811 operational a5CtS covering the safety of people when receiving Oxygcn thcrdpy within thc oxyg chambers. The Athninistration and FundraisinE Officers. oxygen chambeT operators are responsible lo the Centre Manager for the safety of all people rythin the Centre, thai il is Tull smoothly on a day-tfrday basis, and that the therdpist's appointmcnt systems are run eificiently. They are also the rwKhnsible officcr for first aid within the centre. The Centre manager and the Treasurer issue Monthly TcporLs to th¢ Management Committee detailing their respective up-to-date positions, the CU¢ financial income and expenditure and total cash resource available to the organisation, They also d&ail therapy usag@ all fundraising activity, funds achievcd and a timetable of fimdrnising events and collections. Induetion and trafning of neiv trustees Most trustw being membern are already familiar with the varying therapies practiced within the centr¢ aT]d the organisational stmcture. New Trustees would be shown around (together with introductions to members and therdpists) by the Chairnian aJ]d Centre Manager. All trustees will be given the Charity Commission booklet covering Obligalions of Trustees together with the charity's own document detailing the activities undertaken within the Centre and detailing what is expected of Ihem as trustees. The fundamenta] points within the Articles of Association Memorandum will be enumuated and discussed together with a copy of the latest annual accounts and copy of the chity'S the-year plan. Management Cornmittee Mr D Ridgway. TrsUre[ MT C Kiison. Chairnwi Mrs L Bameg MT D Partington Mrs C Allbut Se¢retAry Management Teatt) Mrs M McDcrmott (Centre Manager) Mrs K Browne (Fundraiser) Ms E Piper (Generdl Assistant) Caroline Jones (Generdl Assistant) Risk Assessment The Management Conuniltee duTing 2021 ¢arried out a review (If the major risks to which the charity ¢ould exposed with the prq)arntion of a business plan to 2025. The major one being if donations and other fijndraising sources should be dT&ically curtailed. Any new project or equipment will not be implemented ¢?r purchased unlil funding has been guired. Internal Control risks are minimised by the introduction of a system whereby key financial c()ntrols aTe recorded by the treasurer and all Fundraising and other key pnKedures ar¢ re£orded and flled by the Centre Administrntor and the Centre Manager. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 4&L...TL4ME 10 2 Approved by order of Ihe board of ttuslees on .... .... . &nd signed on its behalf b): S Kiison - slee Page 6
INDEPENDENf EXAMINER'S REPORT TO THE TRusfEES OF MERCIA MS THERAPY CENTRE LTD Independent 0Der'S rqK•rt to tbe trustees of Mercia MS Therapy Centre Ltd Cthe Company I report to the charity trnstees on my examition of th¢ accounts ot the Company for the year ended 31 March 2025. RespoDsibilities and basi8 of report As the charity's trustees of the Company (and a]80 its diredors for the pUoseS of company law) you are responsible for the preparalion of the accounts in accordance wilh the requimcnts of thc Companics Act 26 (*he 2006 Acty. Having satisfied mysclf that thc accounts of the Cornpany are not required to be audited under Part 16 of the 2006 Act and are eligible for independent Cxaminatio I report in respect of my examination of YOUT charity's accounts Caled out under Section 145 of the Chwities Act 2011 IYh¢ 2011 Act.). In canying out my exaMiOn I have followed the Directions given by the Charity Commission under Section 145(5} (b) of the 2011 A¢1. Independent examiner'8 ststsment I have completed my examination. I nfin that no matters have corne to my attention in eonnection with the examination giving me cause to believe: accounting re£ords were not kryt in reSt of the Company &$ rquiralby Section 386 of the 20LNS A¢ or the accounts do not accord with those records. or the accounts" do not comply with thc arcounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true ond fair view wbich is not a matter considercd as pari of an 1ndqdent examination. or the accounts have not be£n prq)ared in accordance with the methixls and principles of thc Statement of ReeomTnended Prxtice for acwunting and Tvrting by charities (4)plicable to charities Preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of ITeland (FRS 102)). I have no concerns and have come aGro&s no other matters in connection with tbe examination to which attention should bc drawn in this Tewrt in ordcr to enable a proper understanding of the accounts to be reached. Muha trongs Bishop Simmon$ ered Accountants and Tax Adviso G¢thin House 36 Bond Street Nuneaton Warwickshire CVI14DA 231.0é].2£ Date: . P28e 7
MERCIA MS THERAPY CENfRE LTD LTATEMENf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED H 2025 2025 2024 Total funds Unrestrict funds Restricted fund fimds Notes INCOME AND ENDOWMLNTS FROM Donations and lega¢ies 88,304 22,909 111213 67,561 Charitsble 4¢tivfitles Incorne from chatitable a]VitieS 60,139 60,139 68,395 Other trading activities Investment income 3,873 3,842 3,873 3,842 6,965 4,522 Total 156,158 22,909 179,067 147.443 EXPENDITURE ON Charitsble activities Charitable Activities 128,069 12,442 140511 122.395 Raising Funds 20,139 20,139 18,062 Total 148,208 12,442 160,650 140,457 NET JNCOME 7,950 10,467 18,417 6,986 RECONCJLIATION OF FUNDS Totsl funds brought foard 143,016 7.801 150.817 143,831 TiyfAL FUNDS CARRIED FORWARD 150,966 18,268 169,234 150,817 The notes forn] part of these financial stalemenls Page 8
MERCIA MS THERAPY CENTRE LTD BALANCE SHEET 31 MARCH 2025 2025 2024 Notas FIXED ASSETS Tangible asscts 12 5,189 5,750 CURRENT ASSETS DebtOTS Cash at bank and in hand 13 5,730 160,723 5,699 141,603 166,453 147,302 CREDITORS Amounts fajling due within one year 14 {2,408) (2,235) 1¥4ET CURRENT A&SETS 164,045 145,067 TOTAL ASSETS LESS CURRENT LIABILITIES 169,234 150,817 ET ASSETS 169,234 150,817 FUNDS Unr¢stri¢ted fimds.. Generdl fund 17 ICK),966 50,000 93,016 50,OC 150,966 143,016 Restricted funds: Restricted fimd 18,268 7,801 169,234 150,817 The cllaritable company is entitled to exemption fn)m audit under SeLtion 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required tbe company to obtain an audit of its financial statements for the year ended 31 March 2025 in accoTdancc with Scction 476 of thc Cornpanith Act 2. The trustees acknowledge their responsibilities for (a) ¢nsuring that the charitable company keeps a¢Mtin8 records that Comply with Sections 386 and 387 of th¢ Companies Act 2006 and preparing fmancial statements which give a true and fair view of thc state of affairs of the cEwitable company & the end of each financial year and of its SUluS or deficit for each fmancia] year in accordance with the Tequiiements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial sementS, so far as applicable to the charitable company. (b) The notes forn) part of these financial statements Page 9 continued..,
MERCIA MS THERAPY CENTRE LTD BALANCE SHEET- continued 31 MARCH 2025 Thes¢ financial statements have been prepared in rdance with the provisions applicable to charitable companies subject to the small companies regim The financial ststements were approved by the Board of Trustees and authorised for issue .7Air41.¥... Q.v.z Cand were signed on its behalf by.. on cSKitS- The not fonn part of these financial statements Page 10
MERCIA MS THERAPY CEIYTRE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THÉ YEAR ENDED 31 I¥WiCH 2025 ACCOUNTING POLJCIES Basis of preparing the financlal staten)eDts The financial statements of tbe charitable company. which is a public bcncfit entity under fRS 102, have be£n prepatrd in accordance with the ChaTities SOI£P (FRS 102) 'Accounting and Rq)otting by Charilies: St8temcnt of Recommended Practicc applicable to chltieS preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effectiv¢ l January 2019),, Financial Reporting Slandard 102 Yhe Financial Rq)orting Standard applicable in the UK and R¢pub]ic of ]reland' and the Companies Act 2(K16. The fllW]cial statements have been prq>ared under the historical cost convention. Ineome All incorne is recognised in the Statement of Financial Activities once the charity entitlement to the fvnd4 it is pmbable that the incorne will be re¢eived and the amount (an be measured reliably. Expelldlthre Liabilities are recogn15ed as expenditure as scon &$ is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic bcncfits will be rcquircd In settlement and the amount of the obligation Can be Measur reliably. Expfflditure is accounted for on an accruals basis and bas been classified under headings that agg[ce all cost related to the category. Where costs cannot be directly allTibuted to particular headings they have been allocated to activitics on a basis consistent with the use of Tangible fixed 48sets Dwiation is provided * the following annu rates in order to Lte off each as5¢t over its estlmated useful life. Plant oJ]d macljinery Fixttw&s and fittings Computer ffjuiprnent IOO/o on ¢ost IOO/o on cost 250/0 on ¢ost TaxatloD The charity is exempt from cooration t&¥ on its charitable activities. Fund accounting UnrestTiCted fiLnds can be used in aCcOrdje£ with the charitable objectiv¢s al th¢ discretion of thc trusteas. Restrirted funds can only be used for particular restricted purposes within th¢ objects of the charity. Rcstrictions i5e when specified by the donor or when funds are raised for particular restricted purposes. Furtberexplanation of the natutt and purpose of each fund is included in the notes to the financial statements. Hlre purclwe and leaslng eommltments Rentsls paid under OpelIng leases are Chg(l io the StateMt of FiDalleial Adivities on a stiaight line basis over the periixi of the leas& PensioD costs and other p05t-retirement benellts The charitable company op¢rntes a (kfined contribution pension scheme. Contributions payable to the clwilable company's pfflsion scheme are charged to the Statement of Financial Activities in the period to which they relate. Pagell continued...
MERCIA MS TIIERAPY CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR EIYDED 31 MARCH 2025 DONATIONS AND LEGACIES 2025 2024 Donations from Individuals including collections Donations from coOrate SPOLSOTS and charitable tnjsts 88,303 22,910 50,857 16.704 111,213 67,561 OTHER TRADING ACTIvrrKES 2025 2024 Manbership fees 100 Club 2,963 910 6,739 226 3.873 6,965 INVESTMENT INCOME 2025 2024 Inte$t receivable- trading 3,842 4,522 44COME FROM CHAIUTABLE ACTIVITIFS 2025 2024 Activity Income fn)m charitable activities IIBO and therapy income 60,139 68 J95 CHAIUTABLE ACTIVITIES COSTS Support costs (see noie 7) Charitabl¢ A¢tivilies 140,511 SUPPORT COSTS Chwitable A¢tiviti¢s Totals Charitable Activities 138,243 2.268 140.511 Page 12 continued...
MERCIA MS THERAPY CENfRE LTD NOTES TO THE FINANCIAL STATEMENfs- continued FOR THE YEAR ENDED 31 MARCH 2025 SUPPORT COSTS- conthiued Support costs, ineluded in the above, are as follows: 2025 Charitsble Activities 2024 Total activities Wagcs Pensions HBO Therapy and other direct thcrdpy Costs Other operating leases 48355 404 40315 21,095 3,445 1,776 8,627 2393 1,313 7,568 1,398 752 240 562 40,351 40,1)05 14,112 2,765 1,426 4,721 1,759 1,416 5,970 4,163 1,075 240 562 963 15 2,448 Repairs and Maintenance Light and heat Telephone Printing and stationay Insurance Sundries Consumables Payroll bureau costs Depreciation of tsngible and hejitage assets Impainnent losses for intangible fixed assds Bank charge5 A¢¢ountan¢y and legal f 2268 140,511 122395 NET INCOMEI(EXPENDITiJRE) Net inmeJ(eXpenditurC) is stated after chargingJ(¢rediting)". 2025 2024 Dq)reciation- owned assets Hire of plant and machinery Other operating leases 561 40,315 21,095 562 40,IKI5 14,112 TRUSTEES, RElNERATION AND BENTs There were no tr, ranunerntion or other benefits for the year ded 31 March 2025 nor for the year ended 31 March 2024. Trustees. expense5 There were no truste4s' expens¢s paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. Page13 continued...
MERCIA MS TllERAPY CEiYfRE LTD NOTES TO THE FINANCIAL STATEMENTS . conilnued FOR THE YEAR EI¥4DED 31 MARCH 2025 io. STAFF COSTS 2025 2024 Wages aDd salwies Other pension Costs 68,280 618 58,199 618 68,898 58,817 Th¢ average monthly numkr of employ during the year was as follows.. 2025 2024 Athninistrati Fund Raising No employees received emoluments in excess of £60,IKJO. ii. COMPARATTrTS FOR THE STATEMENf OF Fll¥ANCIAL ACTIVITIES Unrestricted funds Restricted fund Total INCOME AND ENDOWMENTS FROM Donations and Icgacics 50,856 16,705 67,561 Charltable Ydctivfitfies Income from chaTitable activilies 68,395 68J95 Other trading activities tnvesknent income 6,965 4,522 6,965 4,522 Total 130,738 16,705 147,443 EXPENDTfuRE ON Charit&ble actitte5 Charitable Activities 110,085 12,310 122.395 Raising Funds 18,062 18,062 TotAI 128,147 12,310 140,457 NETINCOME 2,591 4,395 6986 RECONCILIATION OF FUNDS Total funds broughi fonvard 140,425 3,406 143.831 TOTAL FUNDS CARRIED FORWARD 143,016 7,801 150,817 Pag¢ 14 continued...
MERCIAMS TllERAPY CENTRE LTD NOTFS TO FANCIAL STATEMENTS. continued FOR THE ISAR ENDED 31 MARCH 2025 li TANGIBLE FIXED ASSETS Fixturcs Plant and machinery Computer equipment fittings Totals COST At l April 2024 and 31 March 2025 80,703 59,408 12,661 152,772 DEPRECJATION At l April 2024 Charge for year 74,953 561 59,408 12,661 147,022 561 At 31 March 2025 75,514 59,408 12,661 147583 NET BOOKVALUE At 31 March 2025 5,189 5,189 At 31 March 2024 5.750 5,750 13. DEBTORS: AMOUNfs FAIIJNG DUE wrfHIN ONE YEAR 2025 2024 Prq)ayments 5,730 5,699 14 CREDITORS: AMOUNTS FALLING DUE wrrHll¥ ONE YEAR 2025 2024 Otha creditors ATha1s and d¢ffftr41 in¢om¢ 74 2,334 2,235 1408 2,235 15. LEASING AGREEMENTS Minimum leasc payments under non-cancellable operating leases fall due as follows: 2025 2024 Within one year 494 528 Page 15 continued...
MERCIA MS THERAIY CENfRE LTD NOTES TO THE FINANCIAL STATEMENTS- conthiued 16. ANALYSTS OF NET ASSETS BETWEEN FUNDS 2025 Total funds 2024 Total funds Unrestricted funds Restricted fund Fixed assets 4,250 149,124 (2,408) 939 17J29 5,189 166.453 (2,408) 5,750 147,302 (2,235) CuTrent liabiliti&s 150966 18268 169234 150,817 17. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestricted thDds General fund Designated Funds 93,016 50,IKM) 7,950 I,966 50,0(K) 143,016 7,950 150,966 Restrleted funds Restrict fund 7,801 10,467 18,268 TOTAL FUNDS 150,817 18,417 169,234 movement in llds, included in the above are &8 follows: Incoming Resources Movemenl expended in funds UnrestrE¢t¢d fund$ Gene1 fvnd 156,158 (148,208) 7,950 Restrided funds Re51ricted fimd (l2,442) 10,467 TOTAL FUNDS 179,067 (160,650) 18,417 Page 16 continued...
MERCIA MS THERAPY CEKfRE LTD NOTFS TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR EM)ED 31 MARCH 2025 17. MOVEMENT IN FUNDS. contlnned Comparatlves for movement In Net movanent in funds At 31.3.24 At 1.4.23 Unrestricted funds Gcncral fund Dc5ignated Funds 90,425 50.000 2591 93,016 50.OtKI 140,425 2,591 143,016 Restricted lld5 Restricted fund 3,406 4,395 7,801 TOTAL FUNDS 143,831 6,986 150,817 Comparntivc net movcment in fund4 included in the above aTe &8 follows: Incoming resources Resources expended Movement in funds Unrestslcted fund8 General fund 130,738 {128,147) 2,591 Rwtricted funds Restricted fund 16,705 (12,310) 4,395 TOTAL FUNDS 147,443 (140.457) 6.986 A Current year 12 months and prior year 12 months combined position is &8 follows: movement in funds At 31.3.25 At 1.423 Unrestricted funds Genera] fund Designated Funds 90,425 50,000 10541 ILK1.966 50,0(Ki 140,425 10541 150,966 Restricted ndS Restricted fund 3,406 14,862 18,268 TOTAL FUNDS 143,831 25,403 169,234 Page 17 continu&l..
MERCIA MS THERAPY CENTRE LTD N(yfES TO THE FINANCIAL STATEMENfs- continued FOR THE YEAR I MARCH 2025 17. MOVEMENT IN FUNDS . continued A current year 12 months and prior year 12 months combined nd movernent in funds, included in the above are &$ follows: Incoming resources Re50UTces expcndcd Movcrnent in funds Unrestricted funds G¢n¢rnl fund 286,896 (276,355) 10,541 Restrict funds Restricted fiu)d 39,614 (24,752) 14,862 TOTAL FUNDS 326.510 (301,107) 25.403 i& RELATED PARTY DISCLOSIJRES There were no relat paty transactions for the year ended 31 March 2025. Page 18
MERCIA MS THERAPY CENTRE LTD DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YLIR ENDED 31 MARCII 2025 2025 2024 Donations and legacies Donations frorn Individuals including collections Donations from COTpofdte swnsors and charitable trusts 88,303 50,857 22,910 16,704 111,213 67,561 Other trading activlties Membership fees IIXI Club 2,963 910 6,739 226 3,873 6,965 Investment income Intw&st receivable- trading 3.842 4522 Ch2ritsble aetivits IIBO and thcrapy income 60,139 68,395 Total iD¢oming resources 179,067 147,443 EXPENDITURE Raising Funds Fundraising staff costs Fundraising pension cost 19.925 214 17,848 214 20,139 18,062 EX11thre on Charitsble Activities Ch•itable Actiirytses Wages Pensions HBO Therapy and other direct therapy costs 48,355 404 40,315 21,095 40,351 40,005 14,112 E il 3,445 1,776 8,627 2,393 1,313 7,568 lJ98 752 240 562 2,765 1,426 4,721 1,759 1,416 5,970 4,163 1,075 240 562 963 Repairs and Maintenance Light and heat TclcphoDe Printing and stationery Sundries Consumablas Payroll bureau costs Depreciation of tangible arKI herttage assets tmpainnent losses for intwlgible fixed assets 138,243 119.932 This page does not forni part of the statutory fjnancial statements Page 19
MERCIA MS THERAPY cRE LTD DETAILED STATELMENf OF FINAI¥4CIAL ACTIvIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Charltable Acthdtles Bank charges 15 Govern*nee costs Accountancy and lega] fees 2268 2,448 Total resources expended 160.650 140.457 Nel income 18,417 6,986 Tbis page does not forn] part of the statutory financial statements Page 20