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2022-12-31-accounts

MULTIPLE SCLEROSIS

2022

Registered Office

Bradbury House The Avenue Warminster Wiltshire BA12 9AB

01985 217728 info@wessexms.co.uk www.wessexms.co.uk

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 300 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 centre is a busy hive of activity. The charity also offers holistic therapies to families and carers, including 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, myofascial 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

Ultimately, we want to create a better quality of life for all members, their carers and families by offering physical, emotional and social therapies on an ongoing basis. We understand how important it is to support the carer as well as those suffering with health needs, and the therapy centre strives to include everyone who benefits from any of our 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.

Registered Charity No. 800851 Registered Company No. 2315305 Fundraising Regulator No. 002357

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

Investment Managers

CCLA Senator House 85 Queen Victoria Street London EC4V 4ET

Trustees

CHAIR’S REPORT

During the year 2022 the charity saw a steady increase of returning members after the Coronavirus crisis. There was also an upturn in new members due to the prevalence of Long Covid and many sufferers took advantage of oxygen therapy to control the symptoms of Long Covid.

The MS Centre did all it could to support the members, especially with the financial crisis and cost of living increases. Extra funds were sought to support the travel costs for members and, during the winter months, the centre was able to offer itself as a warm hub for people in need thanks to an £8,000 grant from the National Grid Community Fund.

The Oxygen Generation Project came to fruition and, thanks to a large grant of £80,000 from The Bradbury Foundation and £10,000 from the National Lottery, the charity now produces its own oxygen (enriched air). Not only reducing our carbon footprint but also ensuring the sustainability of the future of the charity.

Most of the fundraising activities went ahead as planned, including a spectacular Celebration Ball that raised over £7,000, a charity skydive, an open garden, Bath Half Marathon, a team of Glastonbury volunteers, London Marathon, a Golf Day and lots of tombolas and raffles.

The therapy garden continues to thrive, with a wonderful host of new volunteers managing the garden from one season to the next.

The trustees would like to say a huge thank you to the hard-working team of staff, therapists and volunteers who helped to make 2022 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 2023.

Mike Davidson Acting Chair

Mike Davidson (Acting Chair) Dr Brian Mansfield (Deceased June 2022) Sue Fraser Harry Hassall Trevor Woodyatt Amanda Cheesley Laura Chappell John Bailey

Trustees are also directors for the purposes of company law

Staff

CEO: Rosie Eliot Deputy CEO: Sarah Williamson Community Fundraiser: Amanda Strong Finance Assistant: Emma Smele Welfare & Events Coordinator: Sarah Folker Volunteer Coordinators: Carol Coates Portia Williams Housekeepers: Katie Salmons Ros Smithers Therapists Lead Physiotherapist: Jane Cave-Gibbs Assistant Physiotherapist: Susan Watts Assistant Physiotherapist: Neil Tipping Bev Such Reflexologist: Massage Therapy: Stephanie Davis Counsellor: Lisa Scholefield Energy Therapy: Martin Davis Touch Therapy: Sarah Zebedee

Volunteers

Oxygen Operators Receptionists Administrators Physiotherapy Assistants Charity Shop Support Team Trustees

- 3 -

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. 2022 was busier than the previous year, coming out of social restrictions.

We ran a 100 Club in the centre, and our members enjoyed taking part in a joint fundraiser with MS National Therapy Centres, taking part in an activity challenge ‘virtually’ travelling from John O’Groats to Lands End during MS Awareness Week.

We enjoyed fabulous weather and many visitors to the Hellebores open day in the beautiful gardens of Kapunda at Southstoke. We celebrated the lift of restrictions with a ‘Celebration Ball’. This was a fabulous evening of food, dancing and fundraising, and was well supported by our members and the local community. We enjoyed a golf day at Cumberwell Park, and we were also supported by Erlestoke Golf Club as their charity of the year.

Lots of thrill seekers joined us by way of a charity skydive, the Bath Half and the London Marathon. We had many volunteers at Glastonbury Music Festival raising funds and having a great time in the process! One of our volunteers celebrated the 70th Jubilee by having a fete for the locals and raising funds for us.

We are always very grateful for those who support us, including The Leonard Laity Stoate Charititable Trust and Melksham Town Council. We are grateful to the Rotary Club of Frome, Moonraker Lodge Devizes, and Roly’s Fudge in Salisbury. We love working with Local Giving, and the Three Horseshoes Walk shopping centre in Warminster very kindly supports our work at the charity shop.

- 5 -

WESSEX THE DIFFERENCE WE MAKE HERA CENTRE IPOSITNE &iving people with MS a better quality of life Longer ter use of limbs through self Mahagerne￿t Fetter able to Manage sleep, fatlgve, d1gestlo￿ jo[￿t palh, vl$loll and ¢learer spee¢h Fetter anagemeht of good Mental health Physleal and emtal self anaqement Fetter Control of limbs, dexterity and balaMee Improved bladder/bowel ¢ohtrol, balanee ahd 3tre￿gth. allage fatlgve, less jo[￿t pal Lear￿l￿g to cope with thovqhts and worrles Improved balanee and eore strength. ealms Mental health Immediate physieal relief Improved sleep and less fatiqve Release f ro stress and a￿XIetY Physical relief and Satisfaetio Fhysiotherapy OxygeD Therapy Counsellino Other Therapies Fully aeeessible purpose-built centre Trained and qualifed professioMal therapists Physical, social and emotional support for people with MS. their carers ahd familles

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees (who are also directors of the Charity for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law, United Kingdom Accounting Standards and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required and have fulfilled the requirement to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FINANCIAL POLICY

The Trustees are pleased to present the financial statements for the charity for the year ending 31 December 2022. The Financial Statements comply with the Charities Act 2011 and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities.

Risk Management

The trustees have conducted a review of the major risks to which the Charity is exposed, with systems established to mitigate those risks. All procedures are reviewed periodically to ensure that they still meet the needs of the organisation. Policies and procedure for the safe running of the organisation are currently in place.

Reserves Policy

A policy is set which reflects the trustees’ wish to safely commit as much as possible to the primary objectives of the Charity whilst retaining financial stability and the potential to respond to new opportunities. In accordance with this policy, the Charity has the following designated reserves to secure its future and guard against major risks:

INDEPENDENT EXAMINER’S REPORT

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 2022.

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 your charity’s gross income exceeded £250,000 your examiner must be a member of a listed body. I can 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.

Ian D Gillard

PG Owen Limited Chartered Accountants 21A Market Place Warminster Wiltshire BA12 9AY

Date: 26 May 2023

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
134,408
Other trading activities
2
94,620
Investment income
3
10,008
Other income
3,993
Total
243,029
EXPENDITURE ON
Raising funds
13,603
Charitable activities
4
Charitable activities
199,077
Depreciation
11,913
Direct Costs
43,050
Total
267,643
Net gains/(losses) on investments
(49,637)
NET INCOME/(EXPENDITURE)
(74,251)
RECONCILIATION OF FUNDS
Total funds brought forward
555,468
TOTAL FUNDS CARRIED FORWARD
481,217		 Restricted
fund
£
89,299
-
-
-
89,299
-
-
4,678
6,112
10,790
-
78,509
39,116
117,625		 2022
Total
funds
£
223,707
94,620
10,008
3,993
332,328
13,603
199,077
16,591
49,162
278,433
(49,637)
4,258
594,584
598,842		 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

The notes form part of these financial statements

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

BALANCE SHEET 31 DECEMBER 2022

Notes
FIXED ASSETS
Tangible assets
8
Investments
9
CURRENT ASSETS
Debtors
10
Cash at bank
CREDITORS
Amounts falling due within one year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
131,989
358,783
490,772
2,708
-
2,708
(12,264)
(9,556)
481,216
481,216		 Restricted
fund
£
74,315
-
74,315
-
43,311
43,311
-
43,311
117,626
117,626		 2022
Total
funds
£
206,304
358,783
565,087
2,708
43,311
46,019
(12,264)
33,755
598,842
598,842
481,216
117,626
598,842		 2021
Total
funds
£
122,769
408,420
531,189
-
69,390
69,390
(5,995)
63,395
594,584
594,584
555,468
39,116
594,584

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

BALANCE SHEET - continued 31 DECEMBER 2022

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 25 May 2023 and were signed on its behalf by:

W Davidson - Trustee

The notes form part of these financial statements

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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 Oxygen chamber - 5% on cost 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.

continued...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

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		 2022
£
52,498
42,122
94,620
2022
£
9,993
15
10,008
2022
£
16,591		 2021
£
22,242
27,954
50,196
2021
£
8,811
6
8,817
Support
costs
£
199,077
16,591
215,668
2021
£
11,587

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

continued...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
136,663
Other trading activities
50,196
Investment income
8,817
Other income
15,057
Total
210,733
EXPENDITURE ON
Raising funds
6,055
Charitable activities
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		 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

continued...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

8. TANGIBLE FIXED ASSETS

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021		 Improvements
Leasehold
to
property
property
£
£
227,098
67,722
-
-
227,098
67,722
105,167
67,722
4,542
-
109,709
67,722
117,389
-
121,931
-		 Oxygen
chamber
£
57,554
78,226
135,780
57,554
3,911
61,465
74,315
-		 Other
equipment
£
137,395
21,900
159,295
136,557
8,138
144,695
14,600
838		 Totals
£
489,769
100,126
589,895
367,000
16,591
383,591
206,304
122,769
9.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 January 2022
Additions
Disposals
Change in value
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
There were no investment assets outside the UK.
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments and accrued income		 Listed
investments
£
408,420
60,000
(60,000)
(49,637)
358,783
358,783
408,420
2022
2021
£
£
2,708
-

continued...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans and overdrafts (see note 12)
Trade creditors
Social security and other taxes
Other creditors		 2022
£
3,678
2,867
4,329
1,390
12,264		 2021
£
-
2,132
2,868
995
5,995

12. LOANS

An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
MOVEMENT IN FUNDS
At 1.1.22
£
Unrestricted funds
General fund
173,992
Designated Funds
381,476
555,468
Restricted funds
Restricted Fund
39,116
TOTAL FUNDS
594,584		 Net
movement
in funds
£
(31,788)
(42,464)
(74,252)
78,510
4,258		 2022
£
3,678
Transfers
between
funds
£
(48,435)
48,435
-
-
-		 2021
£
-
At
31.12.22
£
93,769
387,447
481,216
117,626
598,842

13. MOVEMENT IN FUNDS

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
£
243,029
-
243,029
89,299
332,328		 Resources
expended
£
(255,731)
(11,913)
(267,644)
(10,789)
(278,433)		 Gains and
Movement
losses
in funds
£
£
(19,086)
(31,788)
(30,551)
(42,464)
(49,637)
(74,252)
-
78,510
(49,637)
4,258

continued...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

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

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
£
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

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 1.1.21
£
120,543
416,237
536,780
33,001
569,781		 Net
movement
in funds
£
(35,851)
(19,713)
(55,564)
84,625
29,061		 Transfers
between
funds
£
9,077
(9,077)
-
-
-		 At
31.12.22
£
93,769
387,447
481,216
117,626
598,842

continued...

MULTIPLE SCLEROSIS THERAPY CENTRE (WESSEX) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

13. MOVEMENT IN FUNDS - continued

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
£
453,762
-
453,762
99,299
553,061		 Resources
expended
£
(493,817)
(19,615)
(513,432)
(14,674)
(528,106)		 Gains and
Movement
losses
in funds
£
£
4,204
(35,851)
(98)
(19,713)
4,106
(55,564)
-
84,625
4,106
29,061

14. 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 2022.

15. DESIGNATED FUNDS

The purposes of the designated funds are as follows:

MULTIPLE SCLEROSIS THERAPY CENTRE

(WESSEX) LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

INCOME AND ENDOWMENTS
Donations and legacies
CFWS
Local Authorities
Members subscriptions
Donations from members
Gift Aid
Legacies
National Lottery
Oxygen Generation
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
Support costs
Management
Wages
Carried forward		 2022
£
-
9,300
3,865
122,386
3,756
4,400
-
80,000
223,707
52,498
42,122
94,620
9,993
15
10,008
3,993
-
3,993
332,328
13,603
12,491
32,470
4,201
49,162
142,631
142,631		 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
122,172
122,172

This page does not form part of the statutory financial statements

MULTIPLE SCLEROSIS THERAPY CENTRE

(WESSEX) LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Management
Brought forward
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
Oxygen Chamber
Other Equipment
Governance costs
Independent examination fee
Total resources expended
Net income/(expenditure) before gains and
losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net income		 2022
£
142,631
6,152
4,048
13,323
4,236
2,020
9,704
1,172
686
183,972
2,658
1,096
3,754
10,056
4,542
-
3,911
8,138
16,591
1,295
278,433
53,895
(49,637)
4,258		 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

This page does not form part of the statutory financial statements