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2021-12-31-accounts

WESSEX MULTIPLE SCLEROSIS THERAPY CENTRE

Report 2021

“I visit the therapy centre for weekly physio and oxygen therapy. I love the happy and friendly environment and I know the therapies help me to keep active and out of a wheelchair for longer” Mary Trimarco

Registered Office

Bradbury House The Avenue Warminster Wiltshire BA12 9AB

01985 217728 info@wessexms.co.uk www.wessexms.co.uk Registered Charity No. 800851 Registered Company No. 2315305 Fundraising Regulator No. 002357

OUR ORGANISATION

The therapy centre is a regional charity offering physical, emotional and social therapies for people with MS and other conditions. There are currently over 250 regular members using the charity who live within an area covering Yeovil in the West, Andover in the East, Bath to the North and Bournemouth in the South. The members are mostly those living with MS, but those with other conditions do join for therapies where we have spare capacity, particularly oxygen therapy.

Offering long term physiotherapy for members with MS and oxygen therapy for all members, the charity is a busy hive of activity. The charity also offers holistic therapies to families and carers to include massage therapy and reflexology. There is a pilates and dance class, and counselling is also available to all members. Other therapies on offer include reiki, touch therapy, cupping, and energy therapy. The charity provides a companion in the home with the MS Buddy Scheme for those living in social isolation and there is a warm and friendly purpose-built centre for social connection, relaxation and tea and cake.

OUR OBJECTIVES

Independent Financial Examiners

PG Owen Limited 21a Market Place Warminster Wiltshire BA12 9AY

Bankers

Lloyds Bank 37 Market Place Warminster Wiltshire BA12 9BD

National Westminster Bank 4 Market Place Frome Somerset BA11 1AE

Ultimately, we want to create a better quality of life for all our members, their carers and families. We understand how important it is to support the carer as well as the member, and the therapy centre strives to include everyone in need.

By offering the MS Buddy Scheme we want to reach out to those members who have become socially isolated, perhaps through an MS relapse or illness, and help them to re-engage with their community and help them back into the therapy centre for much needed therapies.

We want to provide a safe and happy space for those whose mobility and lifestyle has been compromised through ongoing illness and for them to find physical and emotional well-being in a supportive and friendly environment.

Investment Managers

CCLA Senator House 85 Queen Victoria Street London EC4V 4ET

Trustees

CHAIR’S REPORT

During the year 2021 we endured the very sad loss of our chairman, Richard Southwell. Richard died on Monday 26 December and had attended a remote meeting with Rosie on the previous Wednesday, showing he cared for the MS Centre very much, almost to his dying day. This charity owes a great debt of gratitude to Richard and all that he did for the Centre, his grace and kindness was endless, he is sadly missed.

The MS Centre managed to reopen under Covid restriction in July 2020 and 2021 proved to be a very complicated and challenging time for the charity. Thanks to the careful management from the team of staff working with Richard and the trustees, the MS Centre kept delivering therapies during this time.

Due to social distance restrictions most of the therapies operated at a reduced capacity and the process of allowing members in and out of the building was timed to perfection. PPE was in place at all times and the charity continued to provide the much needed service to the community we serve.

However, demand for our therapies, especially oxygen therapy, increased far beyond capacity and the trustees would like to give great thanks to the staff and volunteers for managing this very demanding situation throughout 2021.

As a self-funding charity, the MS Centre found itself at the mercy of the financial constraints of operating during a pandemic and with careful applications to local government, especially Wiltshire Council and the Wiltshire Community Foundation the charity was able to continue operating and delivered over 8,000 therapies.

Richard Southwell QC

(Chairman, deceased December 2021) Mike Davidson (Acting Chair) Dr Brian Mansfield Sue Fraser Harry Hassall Trevor Woodyatt Amanda Cheesley

Trustees are also directors for the purposes of company law

Staff

CEO: Rosie Eliot Deputy CEO: Sarah Williamson Volunteer Coordinator: Carol Coates Community Fundraiser: Amanda Strong Finance Assistant: Emma Smele Welfare & Events Coordinator: Sarah Folker Housekeeper: Katie Salmons

Therapists

Lead Physiotherapist: Jane Cave-Gibbs Assistant Physiotherapist: Susan Watts Assistant Physiotherapist: Neil Tipping Reflexologist: Bev Such Massage Therapist: Stephanie Davis Counsellor: Lisa Scholefield Energy Therapy: Martin Davis Touch Therapy: Sarah Zebedee Foot Care Specialist: Kirsty Withey

Volunteers

Oxygen Operators Receptionists Administrators Physiotherapy Assistants Charity Shop Support Team Trustees

Fundraising was also particularly affected, especially due to lack of public engagement, but the fantastic hard working team of staff, volunteers and members managed to keep the charity active and secured much sought funding.

The trustees would like to offer sincere thanks to the hard working team of staff, therapists and volunteers who helped to make 2021 as successful as we could have wished for. Our charity strives to bring a better quality of life to the members, their families, and carers and we will continue to flourish during 2022.

Mike Davidson Acting Chair

THERAPIES

We want to bring a better quality of life to all our members. We believe having regular physical, emotional and social therapies helps members to manage their health and lead a more fulfilled life.

Physiotherapy

Physiotherapy has a vital role to play in helping people to cope with the daily challenge of living with MS. We use an approach that enables members to:

Physiotherapy treatment programmes are only available to members with MS and are tailored to the individual needs of each person. Using the basis of careful and detailed assessments, the physiotherapist draws up a treatment regime specific to each member.

Oxygen Therapy

Oxygen is essential to every tissue in the body and any tissue injury requires oxygen for healing. Breathing oxygen under pressure causes the dilated and leaky blood vessels in MS to constrict back to normal size and reduce the swelling. At the same time, more oxygen is delivered into the bloodstream, increasing the amount available to help undertake repair.

Massage Therapy

Massage is known to improve circulation. It relaxes tense muscles and is an excellent way to unwind and help restore a sense of well being and balance. Massage therapy for people with MS is an excellent way for individuals to relieve some of the tension that lives in their muscles on a daily basis.

Pilates

Pilates exercises are low-impact but work every part of the body, which has a huge number of benefits for people with MS. Building strength and control of the muscles helps support the joints and can improve balance, posture and body awareness. It is particularly effective on tense or tight muscles and can help you to relax and just generally get everything moving.

Reflexology

Reflexology aims to correct the three negative factors of congestion, inflammation and tension.

Reflexology is a complementary therapy. The aims of this therapy are to improve and strengthen some of the weaknesses in the body that are caused through living with MS. In particular, bladder and bowel function improvements have been felt by many of our members. These improvements are believed to be achieved by targeting the problem area through ‘reflex’ points found in or around the feet and hands.

Counselling

Counselling is an opportunity to talk through and share the emotional concerns and feelings people are experiencing. The counsellor’s role is to be supportive and to encourage people to find ways forward during turbulent times. Counselling can help with:

FUNDRAISING

As a completely self-funding charity we are tasked with bringing in all running costs through donations and grants. We are supported greatly by our members donations and the fundraising department is always busy. However, 2021 was still in the grips of the pandemic and fundraising was limited under social restriction conditions.

Among the few events of 2021 one of our members, Paula Carr, celebrated her 70th birthday and raised funds by completing a 15,000 ft skydive. Rosie Eliot celebrated ten years at the helm of the charity and completed a 10k sponsored run raising over £4,500.

The High Sherriff of Wiltshire and Swindon, Sir Charles Hobhouse, chose the MS Centre as one of his charities of the year and hosted a garden party in wonderful sunshine at Monkton Farleigh Manor House. Lots of funds were raised, primarily through the fantastic dog show.

We received grants from the following organisations:

Leonard Laity Stoate Charitable Trust National Lottery Community Fund Wiltshire Community Foundation Warminster Town Council Trowbridge Town Council Wiltshire Council Radstock Lions

A huge thank you to everyone who completed an event and raised much needed funds for us.

- 5 -

MULTIPLE SCLEROSIS THERAPY CENTRE

THE DIFFERENCE WE MAKE

Giving people with MS a better quality of life

Longer term use of limbs through self management

Better able Better to manage sleep, fatigue, management digestion, joint of good mental pain, vision and health clearer speech

Physical and mental self management

Improved Better control bladder / bowel of limbs, control, balance dexterity and and strength, manage fatigue, balance less joint pain

Learning to cope with thoughts and worries

Improved balance and core strength, calms mental health

Immediate Improved Release from Physical physical sleep and less stress and relief and relief fatigue anxiety satisfaction Physiotherapy Oxygen Therapy Counselling Other Therapies

Fully accessible purpose-built centre

Trained and qualified professional therapists

Physical, social and emotional support for people with MS, their carers and families

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

Independent examiner's report to the trustees of Multiple Sclerosis Therapy Centre (Wessex) Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.

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

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.

Ian D Gillard FCA FCCA DipPFS PG Owen Limited Chartered Accountants 21A Market Place Warminster Wiltshire BA12 9AY

Date: .............................................

7

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
136,663
Other trading activities
2
50,196
Investment income
3
8,817
Other income
15,057
Total
210,733
EXPENDITURE ON
Raising funds
6,055
Charitable activities
4
Charitable activities
171,838
Depreciation
7,702
Direct Costs
60,193
Total
245,788
Net gains on investments
53,743
NET INCOME
18,688
RECONCILIATION OF FUNDS
Total funds brought forward
536,780
TOTAL FUNDS CARRIED FORWARD
555,468		 Restricted
fund
£
10,000
-
-
-
10,000
-
-
3,885
-
3,885
-
6,115
33,001
39,116		 2021
Total
funds
£
146,663
50,196
8,817
15,057
220,733
6,055
171,838
11,587
60,193
249,673
53,743
24,803
569,781
594,584		 2020
Total
funds
£
328,900
77,170
6,187
26,421
438,678
8,240
167,630
15,087
57,588
248,545
13,359
203,492
366,289
569,781

The notes form part of these financial statements

8

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

BALANCE SHEET 31 DECEMBER 2021

Notes
FIXED ASSETS
Tangible assets
8
Investments
9
CURRENT ASSETS
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
122,002
408,420
530,422
31,041
(5,995)
25,046
555,468
555,468		 Restricted
fund
£
767
-
767
38,349
-
38,349
39,116
39,116		 2021
Total
funds
£
122,769
408,420
531,189
69,390
(5,995)
63,395
594,584
594,584
555,468
39,116
594,584		 2020
Total
funds
£
134,356
214,677
349,033
229,279
(8,531)
220,748
569,781
569,781
536,780
33,001
569,781

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

9

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

BALANCE SHEET - continued 31 DECEMBER 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. M Davidson – Acting Chair

The notes form part of these financial statements

10

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property - 2% on cost
Improvements to leasehold 7.5% on cost
Oxygen chamber - 5% on cost
Portable Oxygen machines 20% on cost
Gym equipment 10% on cost
Furniture and fittings 10% on cos
Other equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are unrestricted funds earmarked by the trustees for a particular purpose..

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

11

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

2.
OTHER TRADING ACTIVITIES
Charity shops
Events
3.
INVESTMENT INCOME
Dividends
Interest
4.
CHARITABLE ACTIVITIES COSTS
Charitable activities
Depreciation
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2021
£
22,242
27,954
50,196
2021
£
8,811
6
8,817
2021
£
11,587		 2020
£
25,064
52,106
77,170
2020
£
6,180
7
6,187
Support
costs
£
171,838
11,587
183,425
2020
£
15,087

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.

12

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

7.
2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
306,123
22,777
Other trading activities
77,170
-
Investment income
6,187
-
Other income
26,421
-
Total
415,901
22,777
EXPENDITURE ON
Raising funds
8,240
-
Charitable activities
Charitable activities
167,630
-
Depreciation
11,202
3,885
Direct Costs
53,806
3,782
Total
240,878
7,667
Net gains on investments
13,359
-
NET INCOME
188,382
15,110
RECONCILIATION OF FUNDS
Total funds brought forward
348,398
17,891
TOTAL FUNDS CARRIED FORWARD
536,780
33,001
8.
TANGIBLE FIXED ASSETS
Improvements
Leasehold
to
Oxygen
Other
property
property
chamber
equipment
£
£
£
£
COST
At 1 January 2021 and
31 December 2021
227,098
67,722
57,554
137,395
DEPRECIATION
At 1 January 2021
100,625
64,633
57,554
132,601
Charge for year
4,542
3,089
-
3,956
At 31 December 2021
105,167
67,722
57,554
136,557
NET BOOK VALUE
At 31 December 2021
121,931
-
-
838
At 31 December 2020
126,473
3,089
-
4,794		 Total
funds
£
328,900
77,170
6,187
26,421
438,678
8,240
167,630
15,087
57,588
248,545
13,359
203,492
366,289
569,781
Totals
£
489,769
355,413
11,587
367,000
122,769
134,356

13

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

9. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 January 2021
Additions
Change in value
At 31 December 2021
NET BOOK VALUE
At 31 December 2021
At 31 December 2020
There were no investment assets outside the UK.
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
11.
MOVEMENT IN FUNDS		 Listed
investments
£
214,677
140,000
53,743
408,420
408,420
214,677
2021
2020
£
£
2,132
6,130
2,868
1,679
995
722
5,995
8,531
Unrestricted funds
General fund
Designated Funds
Restricted funds
Restricted Fund
TOTAL FUNDS		 At 1.1.21
£
120,543
416,237
536,780
33,001
569,781		 Net
movement
in funds
£
(4,063)
22,751
18,688
6,115
24,803		 Transfers
between
funds
£
57,512
(57,512)
-
-
-		 At
31.12.21
£
173,992
381,476
555,468
39,116
594,584

14

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Funds
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
210,733
-
210,733
10,000
220,733		 Resources
expended
£
(238,086)
(7,702)
(245,788)
(3,885)
(249,673)		 Gains and
Movement
losses
in funds
£
£
23,290
(4,063)
30,453
22,751
53,743
18,688
-
6,115
53,743
24,803

Comparatives for movement in funds

Unrestricted funds
General fund
Designated Funds
Restricted funds
Restricted Fund
TOTAL FUNDS		 At 1.1.20
£
(8,170)
356,568
348,398
17,891
366,289		 Net
movement
in funds
£
186,225
2,157
188,382
15,110
203,492		 Transfers
between
funds
£
(57,512)
57,512
-
-
-		 At
31.12.20
£
120,543
416,237
536,780
33,001
569,781

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Funds
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
415,901
-
415,901
22,777
438,678		 Resources
expended
£
(229,676)
(11,202)
(240,878)
(7,667)
(248,545)		 Gains and
Movement
losses
in funds
£
£
-
186,225
13,359
2,157
13,359
188,382
-
15,110
13,359
203,492

15

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated Funds
Restricted funds
Restricted Fund
TOTAL FUNDS		 At 1.1.20
£
(8,170)
356,568
348,398
17,891
366,289		 Net
movement
in funds
£
182,162
24,908
207,070
21,225
228,295		 Transfers
between
funds
£
-
-
-
-
-		 At
31.12.21
£
173,992
381,476
555,468
39,116
594,584

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Funds
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
626,634
-
626,634
32,777
659,411		 Resources
expended
£
(467,762)
(18,904)
(486,666)
(11,552)
(498,218)		 Gains and
Movement
losses
in funds
£
£
23,290
182,162
43,812
24,908
67,102
207,070
-
21,225
67,102
228,295

12. RELATED PARTY DISCLOSURES

During the year, two of the Trustees received therapies on an arms length basis. There were no other related party transactions for the year ended 31 December 2021.

17

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

13. DESIGNATED FUNDS

The purposes of the designated funds are as follows:

17

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

INCOME AND ENDOWMENTS
Donations and legacies
CFWS
Local Authorities
Members subscriptions
Donations from members
Gift Aid
Legacies
National Lottery
Roger & Jean Jefcoat Trust
Screwfix Foundation
Wiltshire Foundation Trust
Somerset Foundation Trust
Other trading activities
Charity shops
Events
Investment income
Dividends
Interest
Other income
Other
HMRC JRS Grants
Total incoming resources
EXPENDITURE
Other trading activities
Raising funds
Direct Costs
Oxygen and repairs to chamber
Professional fees and training
Assistance to enable members needing help to
come to the Centre		 2021
£
1,300
8,283
4,298
108,217
4,056
10,509
10,000
-
-
-
-
146,663
22,242
27,954
50,196
8,811
6
8,817
3,120
11,937
15,057
220,733
6,055
20,681
36,335
3,177
60,193		 2020
£
4,010
13,118
3,613
206,211
32,464
897
49,787
10,000
5,000
2,300
1,500
328,900
25,064
52,106
77,170
6,180
7
6,187
3,309
23,112
26,421
438,678
8,240
11,395
31,813
988
44,196

This page does not form part of the statutory financial statements

18

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Support costs
Management
Wages
Social security
Pensions
Electricity, water and insurance
Postage and telephone
Printing and stationery
Sundry expenses
Computer expenses
Travelling expenses
Finance
Bank charges
Subscriptions
Information technology
Repairs and renewals
Depreciation
Leasehold Property
Improvements to Leasehold Property
Other Equipment
Governance costs
Independent examination fee
Total resources expended
Net (expenditure)/income before gains and
losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net income		 2021
£
122,172
3,867
3,407
11,198
3,638
2,373
7,023
1,600
927
156,205
1,973
931
2,904
11,457
4,542
3,089
3,956
11,587
1,272
249,673
(28,940)
53,743
24,803		 2020
£
121,155
4,626
3,401
9,610
3,132
2,298
8,815
1,285
1,020
155,342
1,965
743
2,708
21,832
4,542
5,079
5,466
15,087
1,140
248,545
190,133
13,359
203,492

This page does not form part of the statutory financial statements

19