Cornpsny registration number.. 02294554 Charity tEgistration nwnber. 800849 Huntingdon, Peterborough and Cambridge MS Therapy Centre Ltd (A company limited by guarnniee) A[Uat Report and Financial Statements for the Year Eniied 31 December 2022
Huntingdon, Peterborough and Cambridge MS Therapy Centre Ltd Contents Reference and Administrative D¢tailx Trustees, Rep)rt stst¢ment of Trustees. R¢srrt)nsibilitieS Independent Examin¢trs Report Statement of Financial Activffttics Balance She Note5 to the FiDantial StatemeErtS 7t0 11
Huntingdon, Peterborough and Cambridge MS Therapy Centre Ltd Reference and Administrative Details Cbarity R¢gistr#tion Number 8IJ0849 Compally Regi5trntiott Nuber 02294554 The charity is Incorwat in England and Wales. Btadbury House Mayfield Ro Huntingdon Cambridgeshire PE29 IUL Registtred Office Ind¢peDdent ExAmiDer D A Green & Sons Chartered C2rtifsed Accountatkt 12 The Broadway SL Ives Cambridgesbire PE27 5BN Page I
Huntingdon, Peterborough and Cambridge MS Th¢rapv Centre Ltd Tru$te&8' Report The trustees, who a directors for tbe pwposes of cornpally law. prcsent the annual report together with the financial statements of the charitable company for the year end 31 December 2022. Obje¢tives and aetivitles Objects ond ai The main aims of the MS Therapy Centsr to provide aid 8thd improve the condition of those sufferiThg from Mulitple S¢leroTSiS (MS). The Charity h&s the general atm of tmprovong the quality of life of onyone affected by MS or another neurolgical condition. this help extends to their families and carer5 Trustees snd officers The ttustees athd oificers setving during the year and Sillce the year end were ¥ follows.. TnLStees'. Mrs M Hazell (Resi 3 July 2022) M Fox IResigrhed 31 July 2022) NJCBaker Mr T J Barke lappoitrted l Febnwy 2022) Mr K P Lll$ (app)inted l Febnwy 2022) I F Scott18ppointed 20 Mareh 2023) Mrs S Hollis (appointed 20 March 2023) Mrs A J t*Jw5ett (appointed 20 March 2023 8nd Res1Cd E2 June 2023) The ODnual report was approved by the trustees of the charity on.... 3 and signed on its behalf by: Barke Twslee Page 2
Huntingdon, Peterborough and Cydmbridge MS Therapy Centre Ltd Statement of Trustees, Responsibilities Thr trnst¢¢s (who 0 also the directors of Hunlingdon, PeteTiKJrough and Cambridge MS Therapy Centr¢ Ltd for the purwse5 of MpanY lawl a responsible for pr¢T>aring the trtee$, report and the finclaI statements in CordanCe with applicable law and Uniied Kingdom Accounting Stsnd8rds (United Kingdom Generally A¢c¢pt¢d A¢counting Practicek including FRS 102 "The Fitlancial Reponing Standard applicable in the UK and Republic of Ireland-. Company law requires the trus¢¢¢s ro prepare fitwicial statements for each financial year. Under ¢ompany law th¢ trnstees must not approve the financial Sternents unless they are satisfied that they give a true ld fair view of the stat¢ of affairs of the charitable company and of th¢ incomin8 resouJv¢s and appli¢atiOD of resource5, in¢luding its incom¢ and ¢xpenditure. of the ¢lW1ble company for thai p¢riod. Io pr¢p6¥in8 tbese flnancial Ststemes. the tNsi¢es are required trj: sele¢t syitsble accounting tK>licÉe5 and appty them c¢)nsistendy: observe th¢ Me and principles ID the Ctmrities SORP. make judgements and estimates that art reasonable and pnkdenL stste whether applicable accounting stadards, comprising FRS 102 hav¢ been followe4 Subject to any material departures disclosed and explained in the financial ststements; and pr¢par¢ the fman¢ial statements the goiDg concern b&sis unless it is inappropriate to pre5um¢ that the clioritable Company will continue in busirtess. The tnLStees are re5pon5ible for keepirtg pper accounting re£ords that can disclose with reasonable accuracy at any time the flnancial position of the charitsble company and enable them to ensure that the finallcial statements comply ivith the Companies Act 2006. Th¢y are also rtsponsiblt for safeguarding the assets of the ¢lwitable ¢ompany and hence for takin8 reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are resFrf)nsible for the maint¢n8rtce and ltiteity of the corN)raÉe financial infornation included on the charitable company's website. Legislation goveming the preparntion artd dissemination of financial statements lllay differ from legislation ID other jurisdictions. Trustee Page 3
Huntingdon. Peterborough and Cambridge MS Therapy Centre Ltd Independent Examiner's Report to the trllstees of HuntingdoD, Peterborough and Cambridge MS Therapy Centre Ltd ('the Company'} I r¢tK)rt to the clwity trustees on my ex8mination of th¢ accou[ of the Company for the year ended 31 December 2022. RespoDsibiiities #ttd b•sis of report As the ¢haTity's trusttts of the Company (and also its direcrors for the purposes of company law) you are resnsIble for the preparation of tbe accounts in a¢cordance wtth the wuÉrements of the Companies Act 2006 {'the 2006 A¢t'). Having satisfie41 mys¢lf that the accounts of the Compony are not required to be audited urtder Part 16 of the 2006 Art and are eligible for independent eXaMiJotio l ¥eport ID reswt of tlly examination of your charity's ac¢ounts as ¢2ried out under 5eLtion 145 of the Charities Act 2011 ('thc 2011 .4¢1'). In carrytng out my exatninaiion I have followed the Dircclions given by th¢ Charity Commi$5iOD under section 145(5)Ib) of the 2011 Act. Independent eigminer's statemtttt I have completed examination. l Confirm that matters hav¢ ¢omc to my *tention ID LYTrnnection wtth the examination giving me ¢ause io believ¢: aecounting rerdS wete not kept respect of Hurttingdo Petthorough and Cambridge MS Th¢rnpy Centre Ltd a8 required by sedion 386 ofthe 2006 A¢L' or 2. the aceouTLts do not a¢¢ord with those record5. or 3. the acwunts do tH)t ro]nply the accounting requiremeTtts of Section 396 of the 2006 Act other tha any requirnnent that the a¢¢ounts give a'true and fair viewl whi¢h is Dot a llthtlei considered &8 part of an independetht ¢xamin&tron' or 4. the accouTLts have not been prepared in accordance with the methods and princÉples of the Ststement of ROrnMended Prxtice for accounting and reporting by Charities [applicable to clwities preparing their a¢¢ounts in accordance with the Finom¢ial Repotting Stalldatd applieable ill the UK and Republic of Irel8thd (FRS 10211. I have no cot)cerns and have come acros5 no other mattets in connection with the exatnination to which attenti¢)n should bc draw) in this report in orderto ¢nable a proper undcrstsnding of the a¢counts to be reached. J&son Green Chartered Certtfied Accountsnt FCCA 12 The Broadway St. Ives Cambridgeshire PE27 5BN Page 4
Huntingdon, Peterborough and C#mbThdge MS Therapy Centre Ltd Statement of Financial Activities for the Year Elld 31 Deeemb¢r 2022 ncluding Income aDd Expendlture Account and Statement of Total Recognised Gains and Losses) Unrtttricted futsds Restritted fullds Total 2022 Nots Ineome gDd Endowments from: tk)nations and legacies Other tradin8 activitL¢S Investment ineome 7.373 69,539 138 7.373 69.539 138 Total income 77.050 77,050 EAptnditllr¢ on: Raising funds Charitable activities 34.441 55.992 23,587 58.028 55,992 Total expenditure Net expendittLr¢ 90.433 23,587 114.020 {13.3831 (23.587 36.970) Net movement in fiTnd$ {13,3831 (23.587) 136.970) Reconciliatiots of funth Total funds brought foThvard 102,689 438.729 541,418 Totsl funds caFried forward 89,306 415,142 Rtricted fid5 504,448 Total 2021 Unrestricted fun(Ls Note Income and Endowments frnm: t%)nations and le8acLCS Other trading activities Investtnent income 8,733 18.302 .733 18.302 Total Èncome 27.040 27.040 Expenditur¢ on: Raisin8 fund5 Charitable activities 27.422 38,230 23,534 50.956 38,230 Total expeadiiure Nei exp¢ndiwre Net movement in funds 65.65? 23.534 89.186 li8.6121 {23.534 62.146) 138,612) (23.534) (62.1461 ReeoDeili#tion of funds Total fvnds brought forward 141.301 461263 603.564 Total fijnds carried forward The funds breakdown for 2021 is shown in note 9. 102 689 438,729 541.418 The notes oth pages 7 to I I foEm an inte8fdl part of these finan¢io1 statemcnts. Page 5
Huntingdon, Peterborough and Cambridge MS Therapy Centre Ltd (Registration Dumber: 02294554) Balance Sheet a$ at 31 December 2022 2022 2021 Note Fixed 85sets Tangible assets 476.498 496.558 Current 88sets Debtors Cash at bank and in hand 3,652 36.202 1,297 50,389 51,686 39,854 Creditors: knovnts falliDg dut wl¢hin one year 11.904) 6,826 Net Current Agsets 27,950 44.860 Net a55ets 504.448 541,418 Funds ofthe charity: Restricted income fum<ls Restri¢t¢d funds 415,142 438,729 Unrestrirted illtome Unrestricted funds 89.306 102,689 Tot&1 funds 504.448 541.418 For the financial year ending 31 December 2022 the ¢harity sv8s entitled to ¢xemption from audit under section 477 of the Cotnpani¢s Act 2006 relating to small ¢ompanies. Dir¢ctOf5' resp)nsibilities-. The members have not required the clwity to obtain an audit of its accounts foT the year in question in a¢¢ordance wÈth section 476" and The directors acknowledge their rwnsibilities for complying with the requirements of the Act with respect to accounting records and th¢ preparation of a¢cowits. nan¢i81 ststemclts on pages 5 tt) 11 were approved by the trustees, and authorised for issue on . and signed on their behalf by: Trus The no¢¢s on pag&$ 7 to 11 foTrn an itrte8ral part of tlhesc fmancial statements. Page 6
Huntingdon, Peterborough gnd Cambridge MS Thernpy Celltre Ltd Notes to the Financial Statements for the Year Ended 31 De¢ember 2022 l Aceountits¥ policies Summary of $ignific8Jit XCCOUDting ticIeS and key accounting estimates The principal accoimting policies applied in the preparation of thest financial stst¢ments ar¢ set out below. These policies have been consistently applied to all the years presented, unless otherwise sttted. Statement of tompliAnce The financial statements have been prepared in a¢¢ord8n¢e Mryth Ac¢ounting and Reporting by Charities". Statement of RecoTnmeTLded PTa¢tice (applicable to charttie5 preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland (FRS 102)) (issued in Oaober 20191 (tharities SORP (FRS 1021). the FinancÈal Rep)ning Standard applicable in the UK and R¢pub5i¢ of Ireland IFRS 102) and the Companies Ad 2006. Basi$ of preparstion Huntingdon. Peierborough and Cambridgt MS Therapy Centr¢ Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilittes are iltiallY recognisa at historical cost or trdnsaction value unless othermse stated in the relevant a¢¢ounting rKJlicy note5. Going eoneern The tn]stees consider that there are no material un¢ertaittties about the Chart5 ability to contirlue as a going conc¢rn nor any significant area5 of uncertainry that affect the carying value of assets held by the charity. IncoDJe and endowmellts Ail incorne is recognised once the chartty h&8 entitlement io the income. it Is probable dt the income will be received and ihe a]nouni of the income receivabl¢ be measured reliably. Expenditure All expenditure i5 rwognised once ther¢ is a legal or consttuaiv¢ obligation to that expenditure. it is probable settlement is required and the aTnount Can be measured reliablv. All e05ts are allocated to the applicable expend2ture heading that aggregate similar eosts to that ¢¢gory. Where costs cannot be d]rtlY attributed to particular headitjgs they have been alloced on a b&sis consistent the use of reSoUes, with central staff Costs allocated on th¢ basis of time spent. and deprjaIl0ft charges allocated on the portton of th¢ 8SS¢t'5 use. Other support Costs are allocatrd bos¢d on the spread of $ff costs. Governance costs These include the costs attriburable to the charity's compliance with constitutional and st8Ntory requir¢m¢nts, in¢luding audit, strale8ic matLageTnent and trustees meetings and ffimbursed expense TAxatiott The charity is exempt frotn Corporation tsx OD its Charitsble a¢tivities Depreciation alld amortisÈtion Depreciatjon Is provÉded on tangible fixed assets so as to write off the cost or Valuatio 1¢5s ally estimated residua] value, OV their expected use1 ecot)omic life as follo5- Pa8e 7
Huntingdon. Peterborough and Cambridge MS Thernpy Centre Ltd Notes to the Financial Ststements for the Year Ended 31 Deeember 2022 Assef ¢lasS Short leasehold Plant and rnachin¢ry Depreciation meth1 gnd rate Over the remaining lease term Strai8ht line over 15 years C#sh and cash equfvalents Cash and c&%h equivalents comprise cash on hand ond call deposits, alld other short-term highly liquid investments th at¢ readily Convertible a knowh amount of and are subject to insilfiCant risk of ¢hang¢ in value. FuDd $trncture Unrestricied in¢ome fi]nds aye general fiuHls thzt are available for us¢ at the trusw dis¢r¢tion in fi]rthuan¢¢ of the objectives of th¢ charity. Restricted income funds are those donated for us¢ in a particular #rea or for specific purposes, the of which is restri¢ted to that area or puSe. Pensions 8nd oiber post retirement ob]igtio The charity op¢rates a deflned ¢ontribution pension scheme whi¢h is a rKn5ion psan under whi¢h fixed contributions are paid into a p¢n5ion fijtrkl and the charity h&s no legal or eonstructtve obligation to pay further contribution5 eY¢D if the futHI does noi hold sufficient assets to 8ll employtts the benefits relating to employee service in the cutrent 8nd prior ri0. Contribution5 to defined ¢ontributioTr plan5 are recogDised in the Statetnent of Financial Activities when th¢y are due. If Contribution payments ¢x¢eed the contribution due for seryice. the excess is recogni5ed as a ppaYment. 2 Net iDCOmlllyJoutgoing resourees Nei outgoillg resources for the year include". 2022 2021 Depre¢ia¢ion of fixcd a55ets 28.043 27.383 3 TStee9 remuneratlOD nd expeD5¢S No trust¢¢s, tr any PErsons wnn¢rt¢d wstFL them. have received any rernuneTation from the clwity dwin& the Page 8
HuntingdoD. Peterborough and Cambridge MS Therapy Centre Ltd Not&8 to the Financial Statements for the Year Ended 31 December 2022 4 Stsff costs The monthly average number of per50n5 (in¢luding senior mana8etnent I leadeT5hip team) employed by th¢ harity dwing th¢ year expressed as full time equivalents was 8s follows.. 2022 2021 No Administrdtion ContributiQTL$ to the ¢mploy¢e pension schanes for the year totslled £1.860 (2021- £Nil). No employc¢ rclY¢d emoluments of more than £60,1 during the yur. Page 9
Huntingdon. Peterborough and Cambridge MS Thernpy Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2022 5 T2ngible fixed assets L8Dd aDd buildiD Furnitsre and equipment Totsl AÈ l January 2022 Additions Disw)sals At 3l De¢ember 2022 926,980 100,750 8,093 330 1,027.730 8.093 3301 926,980 108,513 1,035.493 DepreelatlOD At l January 2022 Charge for the year Eliminated on disp)sals 455.728 23.587 75.444 4.456 220 531,172 28.043 1220) At 31 De¢¢mber 2022 479.315 79,680 558 995 Net book valut At 31 De¢ber 2022 447.665 28,833 476,498 At 31 December 2021 471.252 25.306 496,558 6 D¢btyn 2022 2021 Trade debtors Prepayments Other debiors 1.981 947 100 250 1.671 3.652 1.297 7 C*sb ¥nd equlvAlents 2022 2021 Cash gn hat Casii at bank 337 35,865 116 50273 36202 50,389 Page io
HuDtingdoD, Peter1r0g and Cambridge MS Thernpy CeDtre Ltd Nota to the Finaneial StatemeDts for the Year Ended 31 December 2022 8 Creditors: gmounts fAI]ing due withitt year 21122 2021 Trade creditor5 Other ttion and social secwity Other creditors ACCnlS 826 377 10.327 1.200 6.000 11.904 6,826 9 Funds BaiAnce at 31 Dettmber 2022 Bxlante At I January 2022 Ithcoming r¢sour¢ Re50urctS expended Unrestricted fuDd5 General 102.689 77,050 (90.433} 89,306 Restricted funds 4)8.729 {2J.587) 415.142 Total fuDds 541.418 77.050 114,020} 51M,448 Balallce at 31 De¢¢mber 2021 Balan¢¢ ¥t I January 2021 IntomiDg Resources nded Unrestricted General 141 JOI 27.040 165.6521 I02,689 Rwtrirted fund5 462.263 (23.5341 438.729 Totsl fund5 603,564 27,040 189.1861 541,418 Pagell
Huntillgdon. Peterborough and Cambridge MS Therapy Centre Ltd Statement of Financial Activities by fund for the Yerdr Ended 31 December 2022 Unrestricted Funds Totsl UDrestrÉcted Unrestricted Fund5 Funds 2022 2021 ltttome And EDdoThiDtnts from: Donations aod lega¢ies Oth¢r trddin8 activities tnve5tment incotne 7J73 69.539 138 8,733 18,302 Toiat Iom¢ 77.050 27,040 Expenditure oll: Raising fi]nds Charitable athivities 34.441 55,992 27.422 38230 Total expenditure 90.433 65,652 Net expenditure Net movement in funds 13,383 38,612 (13,383) {38.612) Re¢ortcilixtiot) of Toial filnds brought fonvard Total fidS catried forw8rd 102.689 141,301 89,306 102.689 This Ll)es not forn part of the staDJtory financial staements. Page 12
Huntingdon, Peterborough and Cambridge MS Therapy CeDtre Ltd Stratement of Financial Activities by fund for the Year Ended 31 De¢ember 2022 Restricted Funds Totsl Restrirtwj Fund5 2022 Total Restricted Funds 2021 Income and EDdowmellts Irom: Expenditure ts. RaisiDg funds 23,587 23.534 Totsi expendibjre 23.587 23,534 Net expenditure Reconciliation of funds {23,587) (23,534) Total brought forward Tota] fund5 ¢8rried fonvard 438.729 462,263 415,142 438,729 This pa8e does }1 fomi part of the statutory finan¢i81 ststements. Page 13
Huntingdon, Peterborough and Cambridge MS Therapy CeDtre Ltd Detailed Statement of Financial Activities for the Year Ellded 31 Deeember 2022 Totsl 2Q22 Totsl 2021 In¢omt And EtEdowments from: Donations aDd lega¢ies lanalysed below) Other trdditlg actLVities {analysed below) Investrntnt income18natysed below) 7,373 69,539 138 8.733 18.302 Tota] income 77,050 27.040 Expenditure on: RSing funds {analysed below) Charitable activities (analystd below) 58.028 55,992 50,956 38.230 Total expenditure 114.020 89,186 Net expenditure Net mov¢m¢nt in fidS (36.970) 62.146) (36.970) (62,1461 Reconeillatlon of lunth Total fimds brought forward 541.418 603,564 Total fi]nds carried forward 504,448 541,418 This page does nof fcm part of the sthttllory financial statrlllents. Page 14
Huntingdon, Peterborough and Cambridge MS Thernpy CeDtre Ltd Detailed Statem¢nt of Financial Activities for the Year Ended 31 December 2022 Totsl 2022 Total 2021 andlezacia tk)nation5 and gifts Member subs¢ripts"oaJs 6.512 861 7286 .447 7.373 8,733 (her trading ocliviti Rental income Other incom¢ 66,266 i.27i 17.124 1,178 18J02 vestsnent incon Interest on cash deposlts 138 138 RoisingfHllds Rent Rates Light, heat and posY¢r tn5urance Centre costs Equipment repairs and rene Tel¢phone and f&% Comput¢r software and maintcnaTk¢e Costs Prlntirtg. postage and stationery Sundry expenses Accountancy fces Legal and professiottal fees Bad debts I¥Titten off Bank charge5 Trade subscriptiODS D¢preciation of short leasehold property Depreciation of plant and machinery Depreciation of fixtures and fittin8S Depreciation of office equipm¢nt 5,348 692 7,605 3,635 4.017 3,040 1.694 246 1,112 4.071 5,299 3.022 2.974 2.392 1.704 103 70 260 500 1,983 (198) 96 185 23,534 1.372 2,166 672 1.400 950 428 120 138 23,587 1,320 2.703 433 58,028 50.956 This page does foTrn part of the sthtory financi statements. Page 15
Huntingdon, Peterborougb and CambrÈdge MS Therapy Centre Ltd Detailed Statement of Financial Activiti for the Year Ended 31 December 2022 Total 2022 Total 2021 Choritable ad¥vill Oxygen Food purchased Other direct ¢tssts Wage5 and salaries ReprS and r¢ncwal$ Cleaning Travel and subsi5teu¢e {Profityloss on sale of tangible fixed assets held forcharitys OWD use Staff pensions (D¢fin¢d contrÈbution)- pension scheme I 11286 7.347 90 308 28,193 2.292 39,138 231 42 1,860 55,992 38.230 Thi5 PAge doe$ Th)t ftinn part of the stabJÉOry financial statements. Page 16