Oxygen and Wellness Therapy Centre (A Company limited by guarantee)
Company number: 02294595 (England and Wales) Registered Charity number: 701924
OXYGEN AND WELLNESS THERAPY CENTRE
(A company limited by guarantee)
DIRECTORS' AND TRUSTEES' REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
Oxygen and Wellness Therapy Centre (A Company limited by guarantee)
COMPANY INFORMATION
Directors/Trustees
Mrs L Shaw (Chairperson) Miss J Hicks (Treasurer) Mrs S Leeuwangh (Company Secretary) Mr B Freeman Mrs A Kitchen Mr R Shimmin Mr R Jones Mr B Hilton (appointed 25th July 2024)
Company registered number 02294595 (England and Wales) Charity registered number 701924 Registered Office 31 Mostyn Street Hereford Herefordshire HR4 0EG
Independent Examiner B Hilliard FCA Chartered Accountant Sandford Lodge Clive Avenue Church Stretton Shropshire SY6 7BS Bankers Lloyds Bank 6–8 High Town Hereford Herefordshire HR1 2AE Virgin Money Jubilee House Gosforth Newcastle upon Tyne NE3 4PL
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
DIRECTORS AND TRUSTEES REPORT For Year Ended 31 March 2025
The Trustees (who are also directors of the charity for the purposes of the Companies Act) submit their report and the financial statements of the Oxygen & Wellness Therapy Centre Limited for year ended 31 March 2025.
Objectives
To improve for public benefit, by any lawful means, the condition of those with Multiple Sclerosis and other medical conditions.
Activities
In 2024 we continue to grown our member base and the Centre was bursting at the seams. This saw us extend our oxygen sessions to accommodate our waiting list. The Centre also actively fund raised and were able to secure a new exercise bike and state of the art anti gravity treadmill to help increase the business and therefore funds to help us become self sufficient.
The Centre has continued to provid Reflexology sessions, beauty therapies and seated dance classes to our members. The Centre will continue fund raising this year, to help raise vital funds to provide these and more services. We have also taken the decision to look for a fitness trainer to assist in our gym room to encourage our members to be self sufficient in their health and wellbeing journey .
Therapies
Oxygen Therapy is our principal treatment with approx. 1390 client appointments in the year. The previous financial year saw 1005.
The Centre has treated a variety of conditions including cancers, brain injury, COPD, ME, Parkinson. Since reopening Oxygen Therapy has been used as a treatment for other medical conditions including stroke, sports injuries COVID-19, Dementia, Herniated Discs, Fibromyalgia, Arthritis and Macular Degeneration.
Catchment Area
The geography of the Centre client base means we serve the surrounding districts of Worcestershire, Shropshire, and South, Mid- and West Wales with distances of up to eighty miles travelled from places as far afield as Aberystwyth and we look forward to seeing our users from all these locations.
We communicate with our members through our newsletter, website, and social media.
We continue to be involved with our over-arching body the National Therapy Centres (MSNTC) via regional meetings.
Staffing
The Centre Manager continues to work four days a week, and a zero hours temporary staff member along with two Volunteers cover holidays and sickness. We are still looking to be able to open the centre 5 days a week in the near future.
The Centre's Reflexologist decided it was time to retire and left her employment in May 2024. The Board had the difficult decision of how to replace the position, at an EGM held on 26th June 2024 it was agreed that the Chair of the Charity would provide this service one day a week on a self-employed basis. In the current financial year the Chair of the Charity was paid £3,128 for her reflexology services.
Volunteers
The Trustees are deeply grateful for the commitment and dedication shown by volunteers and sincere thanks go to all the Centre’s volunteers, without which the Centre would not be able to operate. They contribute in a variety of ways, including: offering a warm welcome, supporting clients and their carers, making tea, cleaning, raising funds, operating the Oxygen Therapy Chamber, and administration duties.
A number of our volunteers/members have been involved with a government scheme UK Shared Prosperity Fund, delivered by HVOSS (Herefordshire Voluntary Organisations Support Service). It was targeted at those who are socially excluded and economically inactive. The aim was to increase basic life skills and employability and provide opportunities for those who are isolated, lonely and socially excluded to integrate into the community more. Many of our volunteers/members gained valuable life skills including Emergency First Aid, Emotional Intelligence and Digital Skills and one of our members moved into employment through the scheme
As a self-help charity, the Board of Directors and Trustees consist of people with MS or their carers, which creates a sympathetic empathy with clients and a sensitive understanding of the services the Centre provides. There are also volunteers contributing to the welfare of the charitable company and are unpaid.
Events for the coming year
The charity will continue to hold quiz & bingo nights with various raffles throughout the year including a Christmas Raffle.
The bonus ball "Club 59" is proving popular and is continuing and is available for all members to join.
Financial review
The company is fully self-financed, deriving its income from personal donations, local fundraising, and Trust grants.
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
The Charity had net income for the year of £5,828 (2024: net expenditure (£9,792), comprising unrestricted net income of £10,780 (2024: Net expenditure (£13,858)), and restricted net expenditure of (£4,952) (2024: Net income £4,066).
Total income for the year increased by £28,221 and total expenditure increased by £12,601 resulting in a turnaround from a (£9,792) deficit in the previous financial year to a surplus of £5,828 for the year. The increase in income is due to the increased use of the Centre by members and the donations to purchase the medi bike and Anti Gravity machine.
Reserves
The directors consider it prudent to hold a minimum of £33,000 contingency reserve to cover eight months budgeted operating costs for the year to 31 March 2025 representing target reserves.
"Free" Reserves at 31 March 2025 amounted to £37,747 (31/03/24 £38,231), £4,747 higher than target (31/03/24 £5,231 higher than target).
Tight budgetary and cash control will be a focus whilst advancing the interests of beneficiaries and protecting the health and wellbeing of everyone connected with the Charity.
Going Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the “going concern” basis in preparing the financial statements. Further details regarding the adoption of the “going concern” basis can be found in the Accounting Policies.
Trading style
Since 1 June 1997, the work of the charity has been carried out under the name of “Herefordshire MS Therapy Centre” until 13th June 2022 when the Charity Commission approved a change of name to “Oxygen & Wellness Therapy Centre”.
Support
Recognition is given to the following for their financial contributions to the charity:
| Openbox Foundation | Rowlands Trust | Eveson Trust |
|---|---|---|
| William Cadbury Trust | Douglas Arter Benevolent Fund | The Street Foundation |
| Dumbreck Charity | Hereford Lions Club | Mr S Mapp |
| J.S.F Pollitzer Charitable Settlement Hereford Skittles League | Leominster Golf Club | |
| Wiggin Community Fund | Hospital Saturday Fund |
Richmond Club Darts League |
| EF Bulmer Trust | Clive Richards Foundation | Rebecca White who ran the London Marathon |
In preparing this report, the Trustees have taken advantage of the small companies’ exemption provided by section 415A of the Companies Act 2006.
This report was approved by the Trustees on date to be inserted and was signed on their behalf by:
Mrs L Shaw Chairperson on behalf of the Trustees
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
INDEPENDENT EXAMINER’S REPORT For Year Ended 31 March 2024
Independent examiner’s report to the Trustees of Oxygen & Wellness Therapy Centre
I report on the financial statements of the company for the year ended 31 March 2025 which are set out on pages 5 to 13.
Respective responsibilities of Trustees and examiner
The Trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the financial statements. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) but that an independent examination is needed.
Having satisfied myself that the company is not subject to audit under charity and company law and is eligible for independent examination, it is my responsibility to:
-
Examine the financial statements under section 145 of the Act;
-
Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; and
-
State whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanation from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a “true and fair view”, and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 336 of the Companies Act 2011; and
-
to prepare financial statements which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2011 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed:
Date: date to be inserted
B. Hilliard FCA
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Oxygen and Wellness Therapy Centre (A Company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 MARCH 2025
(Including Income & Expenditure Account)
| Income & endowments from: Donations and grants 3 Charitable Activities 4 Other activities 5 Investment income 5 Total Income Raising funds 6 Charitable Activities 6 Other 6 Total Expenditure Net Income / (Expenditure) Transfer between Funds 15 Net Movement in Funds Reconciliation of Funds: Fund Balances Brought Forward 15 Fund Balances Carried Forward 15 Expenditure on: Notes |
£ £ £ £ 11,349 32,500 43,849 22,127 33,819 - 33,819 24,894 4,100 - 4,100 6,763 421 80 501 264 Unrestricted Funds Restricted Funds Total Year Ended 31.03.25 Total Year Ended 31.03.24 |
|---|---|
| 49,689 32,580 82,269 54,048 |
|
| 304 - 304 103 41,215 10,532 51,747 54,677 24,390 - 24,390 9,060 |
|
| 65,909 10,532 76,441 63,840 |
|
| (16,220) 22,048 5,828 (9,792) 27,000 (27,000) - - |
|
| 10,780 (4,952) 5,828 (9,792) 146,672 8,785 155,457 165,249 |
|
| 157,452 3,833 161,285 155,457 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 7 to 13 form part of these financial statements.
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
BALANCE SHEET AT 31 MARCH 25
| Notes FIXED ASSETS Tangible Assets: 10 CURRENT ASSETS Prepayments and accrued income 11 Cash at bank and in hand 12 CURRENT LIABILITIES Less: Amounts falling due within one year 13 Net Current Assets NET ASSETS FUNDS Unrestricted Funds General Funds Contingency fund General Fund General Fund sub total Designated Fixed Asset Fund Unrestricted funds carried forward 15 Restricted funds carried forward 15 |
£ £ £ 108,441 2,900 1,867 41,578 46,321 44,478 48,188 (2,898) (1,172) 47,016 161,285 155,457 £ £ £ 33,000 33,000 4,747 5,231 37,747 38,231 108,441 146,672 8,785 155,457 31.03.25 31.03.24 £ 119,705 3,833 161,285 119,705 157,452 £ 41,580 |
|---|---|
The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 (“the Act”) and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company at 31 March 2025 and of its results for the twelve months in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small company regime within Part 15 of the Companies Act 2006.
The financial statements were approved by the Trustees on (date to be inserted) and signed on their behalf by:
Mrs L Shaw — Chairperson:
The notes on pages 7 to 13 form part of these financial statements
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
1. Accounting Policies
1.1 Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in according with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Oxygen and Wellness Therapy Centre meets the definition of a public benefit entity under FRS 102. Assets and Liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
1.2 Income & Endowments
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when the Charity is entitled to the funds.
In accordance with the Charities SORP (FRS 102), the value of services provided by volunteers has not been included.
Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which the charity becomes entitled to the funds.
Incoming resources from the operation of the Centre are included when receivable.
1.3 Expenditure
Resources expended are recognised in the period in which they are incurred.
1.4 Fixed Assets
Tangible assets are stated at cost or valuation less accumulted depreciation and accumulated impairment losses.
Assets costing £2,000 or more are capitalised.
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life on a straight-line basis as follows:
Prefabricated Building 5% Multi-Capacity Chamber 10% Equipment 20% Fixtures & Fittings 20%
1.5 Charitable Funds
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the Charity without further specified purpose and are available as general funds.
Contingency funds are unrestricted funds of the charity which the trustees have calculated as target reserves representing eight months of year ended 2026 budget expenditure
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
1.6 Going concern
The financial statements have been prepared on a 'going concern' basis as the Trustees believe the charity has sufficient liquid unrestricted funds to continue as a 'going concern' for the foreseeable future and twelve months from the authorisation of these financial statements.
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
2. Legal Status of the Charity
The charity is a private company limited by guarantee incorported in England and Wales and has no share capital with an exemption from using limited in the company name since 13 June 2022. Memorandum and Articles of Association incorporated 9 September 1988 as amended by special resolution dated 11 March 1997 amended 1 April 2022 and 26 June 2024.
3. Donations and Grants
| onations and Grants | |
|---|---|
| General donations Memberships Tea, coffee & book donations EF Bulmer Trust McKechnie Eveson Trust The Street Foundation Hospital Saturday Fund Clive Richards Foundation Mr S Mapp Hereford Skittle League Leominster Golf Club Richmond Club Darts League Wiggin Community Fund Herefordshire Community Grant Albert Hunt William Cadbury Trust Rowlands Trust Douglas Arter Foundation The February Foundation Hfd Amateur Pantomine Society Hereford Lions Club Gift Aid |
Unrestricted Funds Restricted Funds Total Year Ended 31.03.25 Total Year Ended 31.03.24 £ £ £ £ 2,151 - 2,151 967 1,502 - 1,502 1,220 686 - 686 0 - - - 1,500 - - - 500 - 5,000 5,000 - 2,500 - 2,500 - - 5,500 5,500 - - 20,200 20,200 - 2,400 - 2,400 - - 1,800 1,800 - 600 - 600 - 910 - 910 - - - - 464 - - - 6,176 - - - 3,000 - - - 500 - - - 3,000 - - - 500 - - - 3,000 - - - 300 - - - 1,000 600 - 600 - |
| 11,349 32,500 43,849 22,127 |
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Oxygen and Wellness Therapy Centre (A Company limited by guarantee)
4. Income earned from Charitable activities
| Oxygen therapy donations Alternative therapies income Exercise Chairs income Physiotherapist Chairs income Medi Bike & Anti Gravity |
Unrestricted Funds Restricted Funds Total Year Ended 31.03.25 Total Year Ended 31.03.24 £ £ £ £ 23,226 - 23,226 16,634 7,109 - 7,109 5,743 2,104 - 2,104 2,147 1,265 - 1,265 370 115 115 - |
|---|---|
| 33,819 - 33,819 24,894 |
5. Income earned from Other activities
| Fundraising Activities 59 Club Bonus Ball Bec's Marathon Coffee Morning Autumn Raffle Bingo Event Santa Grotto Tickets Christmas raffle ticket sales Christmas Hamper raffle Christmas Quiz Other Christmas Activities Valentine Raffle Tickets Quiz Night Sale of donated goods Other Activities Sale of Equipment Volunteer Travel Income Room Hire Investment Income Bank interest |
Unrestricted Funds Restricted Funds Total Year Ended 31.03.25 Total Year Ended 31.03.24 £ £ £ £ 1,761 - 1,761 1,858 - - - 2,484 - - - 422 - - - 443 449 - 449 255 - - - 16 51 - 51 28 117 - 117 - 314 - 314 - 29 - 29 - - - - 30 - - - 360 66 - 66 36 388 - 388 - - - - 85 280 - 280 240 645 - 645 506 |
|---|---|
| 4,100 - 4,100 6,763 |
|
| Unrestricted Funds Restricted Funds Total Year Ended 31.03.25 Total Year Ended 31.03.24 £ £ £ £ 421 80 501 264 |
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Oxygen and Wellness Therapy Centre (A Company limited by guarantee)
6. Total Expenditure
| Fundraising Expenses Wages Administration Wages Therapists Employer pension contributions Therapists - Reflexology Exercise Class teacher Physio Oxygen Therapy consumables Equipment maintenance Oxygen Therapy Equipment Telephone and internet Light and heat Printing, stationery, postage Premises maintenance Ground rent Water rates Insurance National Federation fees Hyberbaric Oxygen Trust Staff and volunteer training Cleaning and hygiene Canteen expenses Travelling expenses Payroll administration General expenses Company House Website & Marketing Water Cooler purchase Bonus Ball prizes Defibrillator Depreciation: Prefabricated Building Equipment |
Total Year Ended Total Year Ended 31.03.25 31.03.24 £ £ £ £ 304 304 103 304 - 304103 Expenditure of Management & Administration of the Charity Total Year Ended 31.03.25 Total Year Ended 31.03.24 Unrestricted Restricted £ £ £ £ £ - - 6,050 6,050 6,740 15,537 - - 15,537 23,168 - - 429 429 441 3,128 - - 3,128 - 930 270 - 1,200 1,230 500 480 - 980 - 2,646 5,500 - 8,146 5,535 739 - - 739 292 2,367 - - 2,367 815 2,587 3,601 - 6,188 - - - 723 723 735 4,661 - - 4,661 942 - - 412 412 731 577 681 - 1,258 841 1,000 - - 1,000 1,000 458 - - 458 260 1,731 - - 1,731 1,375 480 - - 480 120 650 - - 650 300 - - - - 15 333 - - 333 140 309 - - 309 176 846 - - 846 728 - - 420 420 400 1,033 - - 1,033 282 - - 10 10 13 118 - - 118 95 218 - - 218 276 367 - - 367 362 - - - - 1,759 6,022 - - 6,022 6,021 10,324 - - 10,324 8,945 Expenditure in furtherance of the Charity's objects Unrestricted Funds Restricted Funds |
Total Year Ended Total Year Ended 31.03.25 31.03.24 £ £ £ £ 304 304 103 Unrestricted Funds Restricted Funds |
|---|---|---|
| 304 - 304103 |
||
| 57,561 10,532 8,044 76,137 63,737 |
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Oxygen and Wellness Therapy Centre (A Company limited by guarantee)
7. Net Incoming Resources for the Period
| ing Resources for the Period | |||
|---|---|---|---|
| Year Ended | 31.03.25 | Year Ended | |
| 31.03.24 | |||
| This is stated after charging: | £ | £ | |
| Depreciation | 16,346 | 14,966 |
8. Trustees Remuneration and Transactions Involving Trustees
The centre's Reflexologist decided it was time to retire and left her employment in May 2024. The Board had the difficult decision of how to replace the position, at an EGM held on 26th June 2024 it was agreed that the Chair of the Charity would provide this service one day a week on a selfemployed basis. In the year ended 31st March 2025 the chair of the charity has received £3,128 for her reflexology services. The Chair resigned on 11 June 2025 from her role as reflexologist. Other than disclosed, no other Trustee of the company, nor any other person connected with them, has received or is due to receive any remuneration for the period, directly or indirectly from the Charity's funds. No expenses have been reimbursed to any of the trustees in their role as Trustees.
8a. Staff Emoluments
| Staff Emoluments | |
|---|---|
| Gross Salaries Employers National Insurance Contributions Employers Pension Contributions |
Year Ended 31.03.24 £ 29,908 - 441 Year Ended 31.03.25 £ 21,587 - 429 |
| 30,349 22,016 |
9. Taxation
The Charity is exempt from tax on income and gains falling within Section 505 of the taxes Act 1988 or section 252 of the taxation of Chargeable Gains Act 1992 to the extent that these are applied to its Charitable Objects.
10. Tangible Fixed Assets
| Cost As at 1st April 2024 Additions Disposals As at 31st March 2025 Depreciation As at 1st April 2024 Charge for the year Disposals As at 31st March 2025 Net Book Value 31st March 2025 Net Book Value 1st April 2024 |
Prefab Building Equipment Furniture & Fittings Total £ £ £ £ 120,433 25,112 44,163 11,047 200,755 - - 27,610 - 27,610 - - - - - £ Multi-Occupancy Chamber |
|---|---|
| 120,433 25,112 71,773 11,047 228,365 |
|
| 47,338 25,112 15,804 4,060 92,314 6,021 - 8,470 1,855 16,346 - - - - - |
|
| 53,359 25,112 24,274 5,915 108,660 |
|
| 67,074 - 47,499 5,132 119,705 |
|
| 73,095 - 28,359 6,987 108,441 |
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
11. Debtors
| Debtors | |
|---|---|
| Prepayments Accrued income Cash at Bank and in Hand Current Account Deposit Accounts Cash in hand |
31.03.25 31.03.24 £ £ 2,502 1,867 398 - |
| 2,900 1,867 |
|
| 31.03.25 31.03.24 £ £ 7,734 5,370 33,714 40,823 130 128 |
|
| 41,578 46,321 |
12. Cash at Bank and in Hand
13. Creditors: Amounts due within one year
| Pension Accrued Expenses |
31.03.25 31.03.24 £ £ 90 285 2,808 887 |
|---|---|
| 2,898 1,172 |
14. Analysis of Net Assets between Funds
| Tangible Fixed Assets Current Assets Total Assets Less Current Liabilities Net Assets at 31st March 2025 |
Unrestricted Funds Restricted Funds Total Funds £ £ £ 119,705 - 119,705 40,645 3,833 44,478 |
|---|---|
| 160,350 3,833 164,183 (2,898) - (2,898) |
|
| 157,452 3,833 161,285 |
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Oxygen and Wellness Therapy Centre
(A Company limited by guarantee)
15. Movement in Funds
| 6. Wiggin Community Fund 7. EF Bulmer Trust 8. Rowlands Trust 9. Douglas Arter Benevolent Fund 10. Hereford Lions Club 11. Hereford Skittle League 12. Hospital Saturday Fund 13. Clive Richards Foundation 14. The Eveson Trust Total Restricted Funds 5. J S F Pollitzer Charitable Settlement 4. Dumbreck Charity 3.William Cadbury Trust 1.Openbox Foundation 2.Openbox Foundation (IR) Restricted Funds Unrestricted Funds: General Funds: Total Funds Total Unrestricted Funds Contingency Fund |
At 1st April 2024 Incoming Resources Outgoing Resources Transfers At 31st March 2025 £ £ £ £ £ 1,143 80 (120) - 1,103 832 - (561) - 271 500 (480) - 20 96 - - - 96 980 - - - 980 464 - (464) - - 270 - (270) - - 3,000 - (3,000) - - 500 - (137) - 363 1,000 - - - 1,000 - 1,800 - (1,800) - - 5,500 (5,500) - - - 20,200 - (20,200) - - 5,000 - (5,000) - |
|---|---|
| 8,785 (10,532) 32,580 3,833 (27,000) |
|
| 113,672 49,689 (65,909) 27,000 124,452 33,000 - - - 33,000 |
|
| 146,672 49,689 (65,909) 27,000 157,452 |
|
| 155,457 82,269 (76,441) - 161,285 |
The Contingency Fund of £33,000 is to provide funding to meet salary commitments and other operational costs for a minimum of eight months representing target reserves.
16. Purposes of Restricted Funds
-
1.Openbox Foundation
-
2.Openbox Foundation
-
William Cadbury Trust
-
Dumbreck Charity
-
5.JSF Pollitzer Charitable Settlement
-
Wiggin Community Fund
-
EF Bulmer Trust
-
Rowlands Trust
-
Douglas Arter Benevolent Fund
-
Hereford Lions Club
-
Hereford Skittle League
-
Hospital Saturday Fund
-
Clive Richards Foundation
-
The Eveson Trust
funding External refurbishment & exercise chairs funding Internal building refurbishment funding for Instructor for exercise therapy room funding for promotion/rebranding of the centre funding for Physiotherapy treatments funding for new masks & tubes funding for seated exercise classes funding for replacement values for the oxygen chamber funding for equipment for the exercise room
funding for a TV for the centre and replacement flooring in the toilet funding for an Anti Gravity Treadmill funding for oxygen costs funding for an Anti Gravity Treadmill funding for a medi bike
17. Contingent Liabilities
There are no contingent liabilities at the accounting date.
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