2020-12-31-accounts - Bedfordshire And Northamptonshire Multiple Sclerosis Therapy Centre Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

					Page
Trustees' annual report (incorporating the			director's	report)
Independent auditor's	report to	the members			12
Statement offinancial	activities	(including	income and
expenditure account)					17
Statement offinancial	position				18
Notes to the financial	statements				19
The following pages	do not form part ofthe financial statements
Detailed statement of	financial	activities			33

			Year	ended	31 Decemb	er 2020
						2020		2019
					Unrestricted	Restricted
					funds	funds	Totalfunds	Total funds
				Note				F
Income and endowments
Donations and legacies				5	162,054	2,050	164,104	229,550
Charitable activities				6	132,939		132,939	200,068
Investment income				7	5,124		5,124	5,735
Other income				8	9,072		9,072	14,186
Total income					309,189	2,050	311,239	449,539
Expenditure
Expenditure on raising funds:
Costs of raising donations			and
legacies				9	15,106	1,351	16,457	15,487
Expenditure on charitable		activities		10,11	253,368	25,670	279,038	379,321
Other expenditure				13				4,895
Total expenditure					268,474	27,021	295,495	399,703
Net income					40,715	(24,971)	15,744	49,836
Transfers between	funds				2,446	(2,446)
Other recognised	gains	and	losses
Other gains/(losses)					59		59	23,023
Net movement in funds					43,220	(27,417)	15,803	72,859
Reconciliation offunds
Total funds brought	forward				601,092	105,745	706,837	633,978
Total funds carried forward					644,312	78,328	722,640	706,837

				2020		2019
			Note			F
Fixed assets
Tangible fixed assets			17		88,155	110,191
Investments			18		201,814	198,156
					289,989	308,347
Current assets
Stock			19	1,662		731
Debtors			20	11,039		15,994
Cash at bank and in	hand			433,269		397,129
				445,970		413,854
Creditors: amounts	falling	due within one year	21	13,299		15,364
Net current assets					432,671	395,490
Total assets less current		liabilities			722,640	706,837
Net assets					722,640	706,837
Funds ofthe charity
Restricted funds					78,328	105,745
Unrestricted funds					644,312	501,092
Total charity funds			24		722,640	705,837

			Year	ended 31 Decem	ber 2020
5.	Donations		and legacies
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020 f
	Donations
	Donations		and gifts		117,123	2,050	119,173
	Grants
	Sundry grants Government grant income				6,896 38,035		8,898 38,035
					162,054	2,050	184,104
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2019
					F	E	E
	Donations
	Donations	and giits			164,011	59,886	223,897
	Grants
	Sundry grants Government grant income				5,653		5,653
					169,664	59,686	229,550
8.	Charitable		activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2020	Funds	2019
						E
	Members	donations		100,951	100,951	114,187	114,187
	Charity shop Fundraising events			1,611 30,377	1,811 30,377	6,734 79,147	6,734 79,147
				132,939	132,939	200,068	200,068

clothes boutique and plant sales.	The income is shown after deduction	ofassociated c	, osts.
	Fundrs is in 9	Charity
	Events	Shop	Total
	8		8
Income Expenditure	30,585 (208)	4,214 (2,803)	34,799 (2,811)
Net Income	30,377	1,811	31,988

Investment income	Y	ear	ended 31 Decem	ber 2020
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds E	2020 f	Funds	2019 E
Income from listed investments Bank interest receivable			1,348 633	1,348 633	1,450 748	1,450 748
Investment income other	UK
investments			3,143	3,143	3,537	3,537
			5,124	5,124	5,735	5,735
Other income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2020 f	Funds E'	2019 E
Other income			9,072	9,072	14,185	14,185
Costs ofraising donations		and	legacies
				Unrestricted	Restricted	Total Funds
				Funds F	Funds f	2020
Wages and salaries Employer's NIC				4,581 62		4,581 62
Pension costs				71		71
Rates &water				192		192
Light &heat Repairs &maintenance Insurance				(3) 944 352	818	(3) 1,762 352
Telephone and post				107		107
Other office costs				221		221
Depreciation Audit fee Investment management	fee			559 7,117 892	533	1,102 7,117 892
Bank charges				1		1
				15,106	1,351	16,457

Costs ofra	ising donati	ons and legacies	(continued)
			Unrestricted	Restricted	Total Funds
			Funds f	Funds E	2019 L
Wages and	salaries		5,228		5,228
Employer's	NIC		73		73
Pension costs			58		58
Rates &water			354		354
Light & heat			289		289
Repairs &maintenance			1,073		1,073
Insurance			347		347
Telephone and post			139		139
Other office	costs		385		385
Depreciation			655	270	925
Audit fee			5,688		5,688
Investment	management	fee	915		915
Bank charges			13		13
			15,217	270	15,487

		Unrestricted	Restricted	TotalFunds
		Funds	Funds	2020
				E
Therapies		167,509		187,509
Fundraising	and Publicity	28,838		28,838
Support costs		57,021	25,670	82,691
		253,368	25,670	279,038
		Unrestncted	Restricted	Total Funds
		Funds	Funds	2019
		E	E	F
Therapies		259,722	383	260,105
Fundraising	and Publicity	26,409		26,409
Support costs		85,450	7,357	92,807
		371,581	7,740	379,321

Expenditure	on	charitable activ	ities by activity typ	e
			Activities
			undertaken		Total funds	Total fund
			directly	Support costs	2020	2019
				6	8	E
Therapies			167,509	73,030	240,539	343,687
Fundraising	and	Publicity	28,838	9,661	38,499	35,634
			196,347	82,691	279,038	379,321

Year Analysis ofsupport costs	ended 31 Decem	ber 2020
		Fundraising
	Therapies f	and Publicity	Total 2020	Total 2019
Premises	37,954	1,951	39,906	42,386
Depreciation Bank charges	19,832 12	1,102 1	20,934 13	17,568 250
Insurance	6,332	352	6,684	6,588
Motor vehicle expenses Telephone &postage	2,989 1,922	107	2,989 2,029	10,357 2,694
Printing &Stationery Miscellaneous	527 3,462	6,148	527 9,610	1,542 11,422
	73,030	9,661	82,691	92,807

				Unrestricted	Restricted	Total Funds
				Funds	Funds	2020
				F	F	6
	Loss on	disposal oftangible	fixed assets held for
	charity's	own use
	Profit on	disposal of investments
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2019
				F
	Loss on	disposal oftangible	fixed assets held for
	charity's Profit on	own use disposal of investments		(640)	5,535	5,535 (640)
				(640)	5,535	4,895
14.	Net income
	Net income is stated after charging/(crediting):
					2020	2019
					6	L'
	Depreciation oftangible fixed assets Loss on disposal oftangible fixed assets Gains on disposal of intangible assets				22,036	18,493 5,535 (640)

The average head count of employees offull-time equivalent employees during	The average head count of employees offull-time equivalent employees during	The average head count of employees offull-time equivalent employees during	The average head count of employees offull-time equivalent employees during	during the year was 14(2019: the year is analysed as follows:	during the year was 14(2019: the year is analysed as follows:	16).The	average	number
						2020		2019
						No.		No.
Number of	Therapists,	Clinical and Care		Staff			8	10
Number of	Fundraisers						3	3
Number of	Management staff						1
Number of	Other staff	- Cleaner	(1)minibus		driver (1)		2	2
							14	16

No remuneration or other benefit received by the trustees. Tangible fixed assets	s from employment	with the charity	or a related	entity were
	Land and	Fixtures and	Motor
	buildings f	fittings 6	vehicles E	Total f
Cost
At 1January 2020 and
31December 2020	174,193	201,283	41,086	416,562
Depreciation
At 1 January 2020 Charge for the year	167,924 1,254	136,393 12,976	2,054 7,806	306,371 22,036
At 31 December 2020	169,176	149,369	9,860	328,407
Carrying amount
At 31December 2020	5,015	51,914	31,226	88,155
At 31 December 2019	6,269	64,890	39,032	110,191

Investments Yea	r ended 31 Decem	ber 2020
	Cash orcash	Listed	Other
	equivalentsf	investments f	investments f	Total f
Cost or valuation
At 1 January 2020	7,931	174,174	16,051	198,156
Additions	3,599			3,599
Revaluations		(886)	945	59
At 31December 2020	11,530	173,288	16,996	201,814
Impairment
At 1January 2020 and
31December 2020
Carrying amount
At 31 December 2020	11,530	173,288	16,996	201,814
At 31 December 2019	7,931	174,174	16,051	198,156

19.	Stocks
				2020 f	2019 f
	Stock			1,662	731
20.	Debtors
				2020 f	2019 f
	Prepayments	and accrued income		11,039	15,994
21.	Creditors: amounts		falling due within one year
				2020	2019 f
	Trade creditors			2,762
	Accruals and deferred Other creditors		income	8,142 2,395	11,543 3,821
				13,299	15,364

Government	Government	grants	grants	grants
The amounts		recognised in the			financial statements			for government grants are as follows:
										2020	2019
										6	F
Recognised		in income		from donations		and legacies:
Government		grants	income							38,035
Analysis	of	charitable		funds
Unrestricted		funds
				At						Gains and	At
			1 Jan 2020 F			Income F	Expenditure F		Transfers E	losses 31 Dec 2020 f f
General	funds			601,092	309,189		(268,474)		(72,554)	59	589,312
Refurbishment
fund									75,000		75,000
				601,092	309,189		(268,474)		2,446	59	644,312
				At						Gains and	At
			1 Jan 2019 F		Income f		Expenditure E		Transfers F.	losses 31 Dec2019 f E
General	funds			565,949	389,653		(386,158)		8,625	23,023	601,092
Refurbishment
fund
				565,949	389,653		(386,158)		8,625	23,023	601,092

Restricted	funds
			At				Gains and	At
		1	Jan 2020 f	Income F	Expenditure E	Transfers F	losses 31 E	Dec 2020 8
Restricted	Fund		105,745	2,050	(27,021)	(2,446)		78,328
			At				Gains and	At
		1	Jan 2019 E	Income E	Expenditure	Transfers f	losses 31 E	Dec2019 E
Restricted	Fund		68,029	59,886	(13,545)	(8,625)		105,745

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		F	E	8
Tangible fixed assets		45,540	42,615	88,155
Investments		201,814		201,814
Current assets		410,257	35,713	445,970
Creditors less than	1 year	(13,299)		(13,299)
Net assets		644,312	78,328	722,840
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2019
		6	E	F
Tangible fixed assets		56,922	53,269	110,191
Investments		198,156		198,156
Current assets		361,378	52,476	413,854
Creditors less than	1 year	(15,364)		(15,364)
Net assets		601,092	105,745	706,837

		Year ended 3	1 December	2020
				2020		2019
				5	E	E
Donations and gifts					119,173	223,897
Investment income					4,491	4,987
Grants receivable					44,931	5,653
Bank interest receivable					633	748
Other income					9,072	14,166
Members donations					100,951	114,187
Charity shop					1,611	6,734
Fundraising events					30,377	79,147
Realised gain on investments					0	640
Unrealised (loss)/gain	on	investments			59	23,023
TOTAL INCOME					311,298	473,202
DIRECT COSTS:
Wages and salaries				164,332		209,877
Therapists and other professional fees				22,457		65,582
Therapy costs				11,944		13,666
Insurance				7,036		6,935
Minibus expenses				2,989		10,357
Investment management		fees		892		915
Accountancy and audit	fees			7,117		5,686
					216,767	313,020
INDIRECT COSTS:
Light and heat - Paid			5,804			10,030
Light and heat - FIT repayments			(5,868)	(64)		(4,245)
Printing and stationery				527		1,462
Telephone and postage				2,138		2,780
Repairs and maintenance				38,079		31,240
Water rates				1,089		1,196
General rates- Paid				2,752		5,880
Bank charges				14		263
Miscellaneous				9,831		11,942
Depreciation				22,036		16,493
Pension costs				2,328		2,747
Losses on disposal offixed assets				0		5,535
					78,728	87,323
	TOTAL EXPENDITURE				295,495	400,343
NET INCOMING/(OUTGOING)		RESOURCES FOR THE YEAR			15,803	72,859