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2022-12-31-accounts

Pege No.
Report ofthe Trustees 1 —9
Statement of Financial Activities 10
Balance Sheet 11
Cash Plow Statement 12
Notes to the Accounts 13—28
Independent Examiners Report 29

2022 2021
Total assets 1,037,353 1,045,837
Less: Restricted Fund (343,187) (314,925)
Designated Funds (71,101) (71,101)
Tangible Fixed Assets held
in
unrestricted funds (409,865) (447,554)
213,200 212,257

Notes Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
£ £ £ £
Income and endowments from:
Donations & legacies
Donations & subscriptions 3 207,722 195:387 403,109 306:047
Legaces 9 9 6
Grants receivable 4 28,230 400 28,630 29,563
Charitable activities
Payments for equipment 7 879 - 879 350
Other income 8 - -
Othertrading activities
Fundraising activities 5 57,560 - 57,560 35,913
Treatments to those without MS 2,040 - 2,040 90
Electricity
— Feed in Tariff
2,307 - 2,307 1,675
Shop activitfes 3,260 - 3,260 190
Rent received 6 - - - -
Investments 9 3,699 3,699 121
Total 305,706 195.787 501,493 373.955
Expenditure on:
Raising funds
Fundraising activities 10 124,061 - 124,061 9a154
Shop activtes 3,356 - 3,356 213
Charitable activities
Cost of activities in furtherance
of the charity’s objects 11 215,035 167.525 382,560 344,715
Total 342,452 167,525 509,977 443,082
Net expenditure 22 (36,746) 28,862 (8,484) (69,127)
Transfers between funds
NET MOVEMENT IN FUNDS FOR YEAR (36,746) 28,262 (8,464) (69,127)
Funds at the start ofthe year 730,912 314,925 1,045,837 1,114,964
Funds at the end of the year 694 166 343.187 1.045,837

Notes 2022 2021
£ £
FIXED ASSETS
Tangible fixed assets 12 697,565 751,684
CURRENT ASSETS
Stocks 13 3,329 2,380
Debtors 14 30,446 17,314
Cash at bank and in hand 448,696 435,749
482,471 455,443
CREDITORS: Amounts falling due within
one year 15 (142,683) (161,290)
NET CURRENT ASSETS 339,788 294,153
TOTAL NET ASSETS 1,045,837
FUNDS
Unrestricted Funds
General funds 20 623,065 659,811
Designated funds 20 71,101 71,101
Restricted funds 19 343,187 314,925
18 1.045.837

2022 2021
£ £
Cash flows from operating activities
Net cash providec by operathg activities (see below) 21 .778 83.817
Cash flows from investing activities
Bank interest receved 3,699 121
Purchase of fixed assets (12,530) (6.037)
Net cash (used in)/provided by investing activities (8831) (5,916)
Change in cash and cash equivalents in reporting period 12,947 77,901
Cash and cash equivalents at the beginning of the reporting
period 435,749 357,848
Cash and cash equivalents at the end ofthe reporting period 435.749
Reconciliation of net income to net cash flow from operating activities
2022 2021
£ £
Net expenditure (8,484) (69.127
Adjustments for
Depreciation 66,649 67,868
Interest received (3,699) (121)
Decreasef(increase) in stock (949) (359)
Decrease/Oncrease) in Debtors (13,132) 9,256
Increase/(decrease) in Creditors (18,607) 76,300
21.778 83,817
Analysis and movement of Net Debt 2021 Cash flow 2022
£ £ £
Cash in hand 435 749 12.947

ONATIONS AND SUBSCRIPTIONS
2022 2021
£ £
Membership subscriptions 5972 5,882
Donations:
Individuals 87,075 93.783
Gift aid tax reclaimed 15,447 12.324
Charitable trusts 254,573 187,038
Companies 38,506 3,763
Voluntary groups 1,536 3.257
Charity ofthe Year
403.109 306,047

4. GRANTS RECEIVABLE
2022 2021
£ £
Binfield Parish Council 500
Bracknell Forest 5,000 -
Bracknell Town Council 1,400 1,300
Crowthorne Parish Council 550 550
Earley Town Council 750 -
Finchampstead Parish Council 1,000
Henley Town CouncH 1,000
HMRC
— Job Retention Scheme
- 10,903
HMRC
— National Insurance
5,000 4,000
Hurst Parish Council 250 -
Pangbourne Parish Council 350 -
Purley Parish Council
Reading Borough Council 5,850 8,800
Reading BC —CQVID-19 Small Business Grant 4,125 -
Royal Borough of Windsor & Maidenhead - 1.000
Sandhurst Parish Council 350
Shinfield Council 850 -
Speen Parish Counci 255 -
Tadley Town Council 650 600
Theale Parish Council 250 -
Twyford Parish Council 160
Warfield Parish Council 400 375
Wargrave Parish Council 200 -
Winkfield Parish Council 500
Wokingham Parish Council 275
Wokingham Without Parish Council 500
Woodley Town Council 250 250
29 563
& FUNDRAISING ACTWmES — NCOMNG RESOURCES
2022 2021
£ £
Activities 49,537 33,618
Gift Aid tax reclaimed
Public collections 8,023 2.295
57.560 35913
6. RENT RECEIVED
2022 2021
£ £
Tenancy -

7. PAYMENTS FOR USE OF EQUIPMENT PAYMENTS FOR USE OF EQUIPMENT
2022 2021
£ £
Masks for Oxygen Therapy 879 350
FES Equipment on Loan
879 350
8. OTHER INCOME
2022 2021
£ £
Student placemeit receipts - -
Research work
9. INVESTMENT INCOME
2022 2Q21
£ £
Bank interest 3,699 121
3.699 121
10. FUNDRAISING ACTIVITIES — RESOURCES EXPENDED
2022 2Q21
£ £
Direct costs of events 11,397 7.654
Staff and other indirect costs 67,093 52.302
Allocation of support costs (See Note 17) 45.571 38.198
J2i1 98,154
Total 2022 £ 184,902 1,032 28,767 1,435 423 166,001 382.560 2021 £ 179,851 920 21,488 1,995 872 - 139,589 3441±5 Page 19
Support Network 2022 £ 20,022 - - - - 81,229 101,251 2021 £ 19,965 - - - - - 67,261 81,226
Complementary therapies 2022 £ - - - - - - 6,347 6347 2021 £ - - - - - - 5,334 5,334
- - - - - - - -
- - - - - - -
Art therapy 2022 £ 2021 £
Chiropody 2022 £ 8,400 - - - - - 6,347 14j47 2021 £ 5,700 - - - - - 5,334 11,034
Yoga 2022 £ 6,188 - - - - - 2,116 8304 2021 £ 5,985 - - - - - 1,778 1163
11.
COST OF ACTIVITIES IN FURTHERANCE OF THE CHARITY’S OBJECTS
Physio-
Oxygen
Counselling
therapy
therapy
2022
2022
2022
£
£
£
Direct costs: Staff
117,072
17,488
15,732
Training and recruitment
963
69
-
Equipment and
18,495
10,272
-
consumables Masks
1,435
-
FES Equipment
423
-
-
Info Day costs
-
-
-
Aflocation ofsupport costs
50,921
14,810
4,231
(see note 17) 187874
44074
2021
2021
2021
£
£
£
Directcosts: Staff
114,724
19,197
14,280
Training and recruitment
920
-
-
Equipment and
12,602
8,886
-
consumables Masks
-
1,995
-
FES Equipment
872
-
-
Info Daycosts
-
-
-
Allocation ofsupport costs
43,881
12,445
3,556
(see note 17) 17Z999
4Z523

ANGIBLE FIXED ASSETS
Land & Fixtures,
buildings fittings &
equipment Total
£ £ £
Cost
At 1 January 2022 825612 696,958 1,522,570
Additions - 12,530 12,530
At 31 December 2022 825,612 709,488 1,535,100
Depreciation
At 1 January 2022 303,836 467,050 770,886
Charge for the year 13,212 53,437 66,649
At 31 December 2022 317,048 520,287 837,535
Net book value
At 31 December 2022 508.564 189.001 597.565
At 31 December2021 521,776 229,908 751,684

2022 2021
£ £
Goods for saie 949 700
Masks 2,380 1,680
3.329 2,380

DEBTORS
2022 2021
£ £
Otherdebtors 1,518 2.294
Insurance claim 14,133
Prepaynents 14,795 15020
30.446 17314
CREDITORS: Amounts falling due witiin one year
2022 2021
£ £
Trade creditors 12,472 4,811
Dther credftors -
Taxation and social security 5,195 4,587
Accruals and deferred income 125,016 151,692
142,683 161,290

2022 2021
Direct charitable activities 5 4
Fundraising 3 2
Management and administration 2 -
he aggregate payroll costs ofthese persons were as fo’ows:
2022 2021
£ £
Gross wages and salaries 232,320 210.794
Employer’s national insurance costs 21,560 18.254
Employer’s pension costs 23,482 21.182
277,362 250,230
THE BERKSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 SUPPORT COSTS Support costs have been allocated on the basis of estimates of the proportion of each expense that is utilised by each of the output activities, as follows: 2022
Total
Fundraising
Physlo-
Oxygen
Counselling
Yoga
Chiropody
Complementary
Network!
therapy
therapy
therapies
advice
%
%
%
%
%
Management and admin staffccss
100
20
20
7
2
3
3
44
Officecosts
O0
32
20
7
2
3
3
32
hfcrrnatio•n and cubicity
)
Vsu-ance and bsinass
)
ICC
20
20
7
3
3
44
ccs;ltancy
)
Bank charges tjti:ities ard hygiene costs Buildngs
— maintenance
)
100
20
30
7
2
1
ar.d decreciaton Governa’ce
100
20
20
7
2
1
3
2021 comparatives
Total
Fundraising
Physic-
Oxygen
Counselling
Yoga
Chiropody
Complementary
Network!
therapy
therapy
therapies
advice
%
%
%
Management and admin staffcosts
100
20
20
7
2
3
3
44
Office costs
100
32
20
7
2
3
3
32
information andpublicity insurance and business
)
100
20
20
7
2
3
3
44
consuitancy
)
Bank charges LiWit;es andhygiene costs Buildings—maintenance
)
100
20
30
2
1
3
3
34
and depreciation Governance
100
20
20
7
2
1
3
3
44
Total 2021 46,736 22.007 2J39 15,030 4,525 15,338 67,902 4,110 177787
Network! advice 2022 27.117 8.684 966 7,556 2,165 6,525 22,737 5,479
Complementary therapies 2022 1849 814 66 515 148 576 2,006 373 6242
Chiropody 2022 1.649 814 66 515 148 576 2,006 373 6242
Yoga 2022 616 271 22 172 49 192 669 125 2 116
Counselling 2022 1.232 543 44 344 98 384 1,337 249 4231
Oxygen therapy 2022 4.314 1899 154 1,202 345 1,344 4,681 871 14810
Physio- therapy 2022 12.326 5,427 440 3434 984 5,758 20,062
2,490
—_1
Fundraising 2022 12326 8,683 440 3,434 985 3,839 13,374 2,490 A5.57.i.
SUPPORT COSTS (continued) Total 2022 Management and admin staff costs
61,629
Office costs
27,135
Information and publicity
2,198
Insurance and business consultanoy
17,172
Bank charges
4,922
Utilities and hygiene costs
19,194
Bui[dings
— maintenance
and depreciation
66,872
Governance
12,450
....2IJJZ
Networkl advice 2021 £ 20.564 7.043 941 6,613 1,991 5,214 23,087 1,808 67.261
Complementary therapies 2021 £ 1:402 660 64 451 136 461 2,037 123 5334
Chiropody 2021 £ 1,402 650 64 451 136 461 2,037 123 ,_53,3A
Yoga 2021 £ 467 220 21 150 45 154 679 42 1778
Counselling 2021 £ 935 440 43 301 91 306 1,358 82 3,555
Oxygen therapy 2021 £ 3272 1.540 150 1,052 316 1,074 4,753 288 12.445
Physlo- therapy 2021 £ 347 4.401 428 3,006 905 4,601 20,371 822 43,..H8I
Fundraising 2021 £ 9:347 7,043 428 3,006 905 3,067 13,580 822 38198
SUPPORT COSTS (continued) Total 2021 £ Manager.ent and admin staff ccs:s
46.736
Office cos:s
2Z007
Information and pubflcity
2139
Insurance and business consultancy
15,030
Bank charges
4,525
Utilities and hygiene costs
15,338
Bufldings
— maintenance
and depreciation
67,902
Governance
4,110
177.787
17.

ANALYSIS OF NET AS SETS BETWEEN FUNDS
Unrestricted Designated Restricted Total Funds
Funds Funds Funds 2022
General
£ £ £ £
Tangible fixed assets 409,865 - 287,700 697,565
Current assets 355,883 71,101 55,487 482,471
Current liabilities (142,683) - - (142,683)
71.101 44Z i4PL
2021 Comparative £ £ £ £
Tangible fixed assets 447,554 - 304,130 751.684
Currentassets 373.547 71.101 10,795 455,443
Currentliabilities (161.290) - (161.290)
659.811 71.101 314.925 1,045,837

1 Incoming Transfer Resources 31
January Resources Expended December
2022 2022
£ £ £ £ £
Land and b’uildhas 287,654 - - (13,202) 274,442
Conselhng - 10,000 - (10,000) -
IT
- Laptops
3,581 - - (999) 2,582
Nordic WaIkng Poles 70 - - - 70
Oxygen Therapy - 7,064 - (7,064) -
Physio Equipment 2 280 - 282
Physio Invacare Hoist 1,621 - - (162) 1,459
Physio plinth 843 - - - 843
Physio Thera chair 4,386 - - (667) 3,719
Physiotherapy - 109,849 - (109,849) -
Physio Treadmill 3,000 - - (375) 2,625
Refrigerant dryer 266 - - (133) 133
Resilience Funding (CAF) 9,875 66,587 - (22,174) 54,288
Support Network - 500 - (500) -
Yoga - 1,507 - (1,507) -
Zoom IT Facility 3,627 (883) 2,744
314.925 195.787 (167.525) 343.187

2021 Comparative 1 Incoming Transfer Resources 31
January Resources Expended December
2021 2021
£ £ £ £ £
Land and bLildings 300,866 - - (13.212) 287,654
Conselling - 2,500 - (2,500) -
IT
- Laptops
4.580 - - (999) 3.581
Nordic Walking Poles 70 - - 70
Oxygen Therapy - 6,415 - (6,415) -
Physic Equipment - 470 - (468) 2
Physic Invacare Hoist - 1,621 - 1,621
Physic plinth 843 - - - 843
Physic Thera chair 5,052 - - (666) 4,386
Physiotherapy - 54,226 - (54,226)
Physio Treadmill 3,375 - - (375) 3,000
Refrigerant dryer 398 - - (132) 266
Resilience Funding (CAF) - 10,675 (800) 9,875
Wheelchairs 52 - - (52)
Yoga 3,778 (3,778)
Zoom IT Facility 3.775 (148) 3,627
315.236 83,460 - 83.771 314,925

NRESTRICTED FUNDS
Incoming Transfer Resources 31
January Resources Expended December
2022 2022
£ £ £ £ £
Designated funds
Legacyfund 71,101 - - - 71,101
General funds 659,811 305,706 - (342,452) 623,065
305.706 - __@42452) 694.166
2021 Comparative I Incoming Transfer Resources 31
Januaty Resources Expended December
2021 2021
£ £ £ £ £
Designated funds
Legacy fund 71,101 - - - 71,101
Genera/funds 72a627 290.495 - (359,311) 659.811
799,728 99.4 730.912

2022 2021
£ £
Is stated after charging:
Depreciation 66,649 67,868
Independent Examination (including irrecoverable VAT) 4.770 4.400

4.
COMPARATIVE STATEMENT OF FINANCIAL
ACTIVITIES
Unrestricted Restricted Total
Funds Funds Funds
2021 2021 2021
£ £ £
Income and endowments from:
Donations and legacies
Donations & subscriptions 231387 74,660 306047
Legacies 6 - 6
Grants receivable 20,763 8,800 29,563
Charitable Activities
Payments forequipment 350 - 350
Otherincome - - -
Othertrading activities
Fundraising activities 35,913 - 35,913
Treatments to those without MS 90 - 90
Electricity
— Feed in Tariff
1,675 - 1,675
Shop activities 190 - 190
Rent received - - -
Investments 121 121
Total 290.495 83.460 373,955
Expenditure on:
Raising funds
Fundraising activities 95. 154 - 98,154
Shop activities 213 - 213
Charitable activities
Cost ofactivities in furtherance ofthe
charity’s objects 260,944 83,771 344,715
Total 359,311 83,771 443,082
Net (expenditure) (68,816) (311) (69, 127)
Transfers between funds - - -
NET MOVEMENT IN FUNDS FOR YEAR (68,816) (311) (69,127)
Funds at the start ofthe year 799.728 315.236 1.114.964
Funds at the end ofthe year 730.912 314.925 1 045 837

INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF THE BERKSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2022, which are set out on pages 10 to 28.

This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company's trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the charitable company's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company's members as a body and the charitable company's trustees as a body for my independent examiner's work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Aquis House 49 - 51 Blagrave Street Reading

Janette Joyce CROWE U.K. LLP Chartered Accountants

5 September 2023

Page 29