COMPANY REGISTRATION NUMBER.. N1023394
CHARITY REGISTRATION NUMBER: NIC100997
NEWRY & MOURNE MULTIPLE SCLEROSIS
COMMUNITY THERAPY CENTRE LIMITED
Company Limited by Guarantee
Unaudited Financial Statements
31 December 2023
Chartered accountant
35 CHURCH SQUARE
BANBRIDGE
CO DOWN
8T32 4AP

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Financial Statsments
Year endad 31 December 2023
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantea
Tru8toe8' Annual Report (Incorporating the Directo￿9 Report)
Year endèd 31 Docamber 2023
The trustees. who are also the directors for the purpose5 of company law, present their report and the
naudited financial statements of the charity for the year ended 31 December 2023.
Reference and admlnlstrntlvg detall¥
Registered charlty name
NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY
THERAPY CENTRE LIMITED
Charity rg918tratlon number
NIC100997
Company regl8tratlon numbor N1023394
Prlnclpal offic9 and regl8terod Shepherd's Drive
offlce
Carnbane Industrial Estate
Newry
Co Down
BT35 6QJ
The tru$teeg
MR T MCGUINNESS
MRS B O'HARE
MR A CARRAGHER
MRS A JOHNSTON
Cornpany Secretary
Independent examlner
CATHERINE GORMAN
RGA ACCOUNTANTS LTD
35 CHURCH SQUARE
BANBRIDGE
CO DOWN
BT32 4AP
Structure, governance and managoment
Newry & Mourne Multiple Sclerosis Community Therapy Centre Limited is a company limited by
guarantee and is governed by its Memorandum and Articles of Association. 11 is recongised by HM
Revenue & Customs as a charity for tax purposes. It is also registered as a charlty with the Charity
CommissK)n for Northern Ireland.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Llmlted by Guarantse
Tru$tses' Annual Report (Incorporatlng the Director's R8port) (contlnuedj
Year ended 31 Dec8mbor 2023
ObJectlv88 and actSvltle8
Newry & Mourne Multiple Sclerosis centre provides therapies and support to people with Multiple
Sclerosis IMS), Therapies include oxygen therapy and physiotherapy. Support can be found in many
forms with generally drop-in chats lo counselling and dietary advice,
The charlty relies on dedicated volunteers and donor5 who glve freely of their time and money to help
people with MS,

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Llmltsd by Guarantee
Trustsos. Annual Report (Incorporating the Director'8 Report) fconflnuod)
Year ended 31 December 2023
Achlevemonts and porformanc•
The Centre has suffered a deffcil again this year. Last year it suffered a deficit of £9.309 excess of
gxpenditure over income whereas this year the deficit is £20,843.
For Ihe first quarter of 2023, the Centre operated on a days per week schedule.
During May 2023, staff began a trial of an additional one1￿0 sessions lo be held on a third weekday,
and it should be noted Ihal these staff hours were and continue to be, entirely voluntary.
It is hoped that by introducing an additional day to the Centre's schedule Ihat the financial impact of
short notice cancellations by regular clients attending and also the irnpacl of non4tlendance by clients
due lo holiday arrangements, covkj be off-sel.
July 2023 the staff introduced "Fundralslng from Home" to regular clients attending the oxygen therapy
sesslons.
Once again trylng lo réduce the Impact of Can￿lIationS due lo those suffering from long term health
conditions by which cancellations for hospital appointmentslcovidlholidays and other medical reasons
is to be expected.
However. while the staff have continued to operate sessions on 8 Ihird day on a voluntary basis, under-
occupancy due lo cancellations continues to be a financial challenge.
We can only hope that more M S, clients and others who use lh8 tacility on a regular basis, pick up on
Ihe"Fundraisin9 from Home" Challenge, with more engagement from at18ast five family members,
A contribution to a home box of £2.50 per week by five family members would raise £50.00 per
calendar month, £800 8nnually.
Ten families would enable an Income of £6,000 per year.
This would permit those clients who do not wish or cannot raise funds out in their Communities due to
their disability to support the ongoing costs of the provision of their essential, beneficial therapy for their
long-term health condition.
R8membenng the whole ethos of our charity Self help is Our Way of Action".
Fundraising is critical to our recovery.
Flnanclal rovlew
The Charity suffered a deficit again this year whereby expenditure was in excess of income of £20,843
this year. The Chanty supplements income by way of donations and fundraising events. This remains
to be severely impacted since the Covid-19 pandemic and al80 the Cost of Living Crisis.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Trustsgs, Annual Report (Incorporating the Director's Report) {¢oneinued)
Year ended 31 Decembar 2023
Plan8 for future porlods
The charity hopes to continue lo grow the number of clients and incr8ase the price of the Dives to
boost Dive income. The Charity will hold a number of fundraising events in order to increase income
next year,
Small company provlslons
This report has been prepared in accordance with the provisiorbs applicable to companies entitled to
the small companies exemption,
The Iruslees, annual report was approved on 17 June 2024 and signed on behalf of the board of
trustees by.
CATHERI
Charity Se
EGO
relary

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED.
Company Limited by Guarantee
Independent Examlner's Report to the Trustees of NEWRY & MOURNE
MULTIPLE SCLEROSIS COMMUNITY THERAPY CENTRE LIMITED
Year ended 31 December 2023
I rep)rt to the trustees on my examination of the financlal statements of NEWRY & MOURNE
MULTIPLE SCLEROSIS COMMUNifY THERAPY CENTRE LIMITEO ('the charty'l for the year ended
31 December 2023.
Re8pon8lbllltl98 and ba616 ol report
As the trustees of the company land also its directors for Ihe purposes ol company lawl you are
responsible for the preparation of the financial staternents in accordance with Ihe requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 20061'lhe 2006 Act'i
You are sallsfled that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independenl examination.
Having satisfied myselt that Ihe accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I reporl in r8spect of my examination of
the charity's financial statements as carried out under section 65 of the 2008 Act. In Garrying out my
examinalion I have followed the general Dlreclions given by the Charity Commission for Northern
Ireland under sectlon 65191(bl of the 2008 Act.
Independent examlner'8 8tatement
I h8ve cornpleted my examln8tlon, I confirm that no matters have come to my 8ttention In connection
with my examination giving me cause to believe that in any material respect..
accounting records were not kept in respe￿ of the charity as required by section 386 of the
2006 Act, or
the financial statements do not accord wrth those records., or
the financial statements 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 fail view which is
not a matter considered as part of an independent examination., or
the financial slaternen15 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 IFRS 1021.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Indepondent Examiner's Report to the Trustees of NEWRY & MOURNE
MULTIPLE SCLEROSIS COMMUNITY THERAPY CENTRE LIMITED (conllnu•d)
Y8ar ended 31 December 2023
I confirm that there are no other matters lo ￿1¢h your attentlon should be drawn to enable a proper
understanding of Ihe accounts to be reached.
RGA ACCOUNTANTS LTD
Independent Examiner
35 CHURCH SQUARE
BANBRIDGE
CO DOWN
8T32 4AP

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limlted by Guarantee
Statement of Flnanclal Activiti88
(includlng income and expenditure account)
Year anded 31 December 2023
2023
Restricted
funds Total funds Total funds
2022
Unrestricted
funds
Note
Income and ondowmonts
Donations and18gacies
Investment income
53,603
53,603
65,114
Total Income
53,605
53,605
65,114
Expendlturo
Expenditure on charitable activities
Totsl exponditure
74,448
74,448
74,448
74,423
74,448
74,423
Net expendituro and nat rnovemont In
fund$
120,843}
120,843)
(9,3091
Reconclliatlon of fund8
Total funds brought forward
Total fund8 carrled forward
25.950
5,107
1,908
27,858
7.016
37,167
27,858
1,908
The statement of financial activities includes all galns and losses recognlsed in the year.
All income and expenditure derive from continuing activities.
The noteB on page8 9 to 16 form part ofthese flnanclal ststèments,

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Llmited by Guarantoe
Statement of Financial Position
31 December 2023
2023
2022
Nots
Fixed assets
Tangible fixed assets
13
38,472
38,918
Currènt as6et6
Cash at bank and in hand
7,683
7,179
Creditors.. amounts falllng due wlthln one year
Ngt current Ilabilities
14
37,141
29,458
18.239
11,060
27,858
Totsl a886ts less current Ilabllitles
Not assets
7,014
7,014
27,858
Fund8 of tho charlty
Reslricled funds
Unrestricted funds
1,526
5,488
7,014
1.908
25.950
Total charlty funds
15
27.858
For the year ending 31 December 2023 the charity was entitled lo exemption from audit under section
477 of the Companles Acl 2006 relating lo srnall companies.
Directors, responsibllities..
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial slatements.
These linancial slatements have been prepared in accordanc8 With the provisions applicablo to
companies subjecl lo the small companies. regime.
These financial st8lements were approved by Ihe board of trustees and authorised for Issue on 17
June 2024, and are signed on behalf of the board by..
MRS 8 O'HARE
Trustee
MRS A JOHNSTON
Trustee
The note8 on pages 9 to 18 form part of these flnanclal statements.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Notes to the Flnancial Statements
Year ended 31 December 2023
Gen8ral infom)ation
The charity is a public benefit entity and a private cornpany limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is Shepherd's Dfive, Carnbane Industrial Estate, Newry, Co Down, BT3S 6QJ.
Statom•nt of compliance
These financial Statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to oharSties preparing their accounts in accordance with the
Flnancial Reporting Standard 8pplic8ble In the UK and Republic of Ireland (FRS 1021 (Charities
SORP (FRS 1021} and the Companies Act 2006.
Accounting pollcle8
Ba819 of preparatlon
The fin8n¢lal statement$ have been prepared on the historical cost basis, as rnodlfled by the
revaluation of certain financial assets and liabilities and investment properties measured al fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity
Golng concern
There are no material uncertainties aboul the charity's ability lo continue.
D18closure exemptions
These accounts have been prepared In accordance with the provisions applicable to companies
subject to the small companies, reglme.
Judgemonts and koy 8ource8 of 98tlmatlon uncertalnty
The preparation of the financial statements requires managerrent lo make judgements,
eslimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experlence and other factors, including expectations of
future èvents thal are believed lo be reasonable under the circumstances.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Nots8 to the Financial Statements (contlnu•d)
Year ended 31 December 2023
Accountlng pollclo8 (conllnued)
Fund accounting
Unrestricted funds are available for use at the dlscretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
comrnitment
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms ol an appeal, and fall into one of two sub-classes. restricted income funds or
endowment funds
Incoming resource8
All incomlng resources are Included In the statement of financial activities when enlillèment has
passed lo the charlty',11 Is probable that the economic benefits associated with the transaction will
flow to the charity ané the amount can be rellably measured. The following specific policies are
applied lo particular categories of income..
income from donations or grants Is recognised when there is evidence of enlitlement to the
gift, receipt 18 probable and ils 8mount can be measured reliably.
legacy Income is recognised when recelpt is probable and entitlement is established.
Income from donated goods is measured al the fair value of the goods unless Ihls is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the eslimateé resale value. Donated facilities and services are recognised in the accounts
when re￿iVed if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised wlth the dellvery of the
contracled service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in whlch case
il may be regarded as restricted.
10

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limlted by Guarantee
Not88 to the Flnancial Statements fcondftued)
Year endad 31 December 2023
A¢countlng policies (conNnu•d)
Resources expended
Expendlture is recognised on an accruals basis as a liability is incurr8d. Expenditure includès any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates.
expenditure on raising funds includes the costs of all fundralsing activities, events, non-
charitable trading aetivllies, and the sale of donated goods,
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further ils charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activitie5.
other expenditure includes all expenditure that is neither related to raising funds ft>r tha
charity nor part of its expenditure on charitable activities.
All costs are allocated to expendilure categories reflectsng the use of the resource. Direct costs
allribulable to a single activity are allocated directly to that activity Shared costs are apportioned
befween the aclivilies they contribute lo on a reasonable, justifiable and consistent basis.
Tanglble as$et8
Tangible assets are inilially recorded at cost. and subsequentty stated al cost les8 any
accumulated depreciation and irnpairment losses. Any tangible assets carried 8t revalued
amovnts are recorded al the fair value at the dale of revaluation less any subsequent
accumulated depreciation and subsequent accumulaled impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless il reverses a charge for irnpairment that has previously been
recognised as expendlture within the statement Df financial activitie5. A decrease In the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except lo which it offsets any previoL+S revaluation gain, in which case the loss is shown within
other recognised gains and losses on the slaternent of financial activities
Depreclation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Long leasehold propety
Plant and machinery
Fixlures and fittings
20A slraighl line
200/0 reducing balance
20010 redu¢lng balance
11

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Llmit8d by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31 December 2023
Accountlng policios (cl￿tInu0￿)
Impalrment of fixed 488et8
A review for indicators of impairment 1$ carried out at each reporting dale, with Ihe recoverable
amount being estimated where such indicator8 exist Where Ihe carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible rev&r881 at each reporting dale.
For the purposes of impairment testing, when il is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs.
The cash-generating unil is the smallest identifiable group of assets that includes the asset and
generates cash inflows that largely independent of the cash inflows from other assets or groups
of assets
12

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Not88 to the Flnancial Statsments {¢ontlrtu•dJ
Year ended 31 December 2023
Accounting pollclo8 fconffnu•d)
Financial instruments
A financial asset or a financi81 liability is recognlsed only when the entity becomes a paty lo the
contractual provisions of the instrument.
Basic financial instruments are Inltially recognised al the amount receivable or paable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where it
is recognised at the present value of the future payments discounted at a market rate of interest
for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortisad cost.
Other financial Instruments, includin9 derivatives, are initially recognised at kir value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is nat a market rate, in which case the asset Is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subseqLJenlly measured al fair value, with any changes
recognised in profil or loss, wlth the exception of hedging instruments in a designated hedging
relallonship {see hedge aeeounting policy),
Financial 8ssets that are measured al c05t or amortlsed cost are reviewed for objective evidence
of impairrnenl at the end of each reporting dale. If there is objèctive evidence of impairment, an
impaimenl loss is recognised under the appropriate heading in the 6t8lement ol financial
aclivitEs in which the inilial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for Impairment. Other financial assets are
elther assessed individually or grouped on the basis of similar credit risk ¢haracteristics.
Any reversals of impairment are recognised immediately, lo the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised,
Llmlted by guarantee
Nèwry & Mourne Multiple Sclerosis Community Therapy Centre is a company limlted by
guarantee and accordingly does nol have a share capital,
13

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Llmited by Guarantee
Not08 to the Financial Ststements (Mntlnue(lJ
Year ended 31 Dec8mber 2023
Donatlon$ and lega¢les
UnrestriGted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Donatlon8
t)onatsons
Dive Income
10,224
43,379
10,224
43,379
11,693
40,180
11,693
40,180
Grants
Grants receivable
13,241
65,114
13,241
65,114
53,603
53,603
Invostment incom
Unrestricted Total Fund8 Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest receivable type 1
Expendlture on charltable actlvltles by fund type
Unrestricted Total Funds Unreslricled Total Funds
Funds
2023
Funds
2022
Activity type 1
74,448
74,448
74,423
74,423
Exp•ndilure on charilable activitie8 by actlvity type
Activi*es
undertaken Total fund8
directly
2023
Total fund
2022
Activity type 1
74,448
74,448
74,423
Net expendSture
Net expenditure Is staled after chargingllcrediting)..
2023
2022
Depreciation of tangible fixed assets
2,446
2,615
14

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnued)
Year ended 31 December 2023
10. Indopend•nt examinatlon fee8
2023
2022
Fees payable to the independent examiner for..
Independent exarnination of the financial statements
500
500
11. Staff cost8
The total staff Costs and employee benefits for the reporting period are analysed as follows..
2023
2022
Wages and salaries
32,500
34.166
The average head count of employees during the year was 212022.. 2). The average number of
full-lime equivalent employees during the year is analysed as follows,
2023
2022
Number of staff
No employee received employee benefits of more than £80,000 during the year (2022.. Nil).
12. Trustee remuneratlon and expense8
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees,
13. Tanglblo fixod a56ets
Long
leasehold
property
Plant and Fixtures and
machinery
fittings
Total
Cost
At 1 January 2023 and
31 D8cember 2023
88,982
17,081
33.465
139,528
Depreciatlon
At 1 January 2023
Charge for the year
At 31 Decembor 2023
53,400
1,780
55,180
17,058
30,152
662
100,610
2,446
103,056
17,062
30,814
Carrying amount
At 31 December 2023
33,802
19
2,651
36,472
At 31 December 2022
35,582
23
3,313
38,918
15

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Llmited by Guarantee
Nots8 to the Flnanclal Statsments (eonllnu•d)
Year ended 31 December 2023
14. Crodltor8: amounts falling due wlthln ono year
2023
2022
Accruals and deferred income
Social security and other laxe5
Other creditor8
35,807
1,308
26
17,768
471
37,141
18,239
16. Analysls of charltable fund8
Unrestrlcted fund8
Al
1 January 202
At
31 Dec8mber
2023
Income Expenditure
Transfers
General funds
25,950
53,605
(74,448}
381
5,488
Restrlcled funds
At
1 January 202
At
31 December
2023
Income Expenditure
Transfers
Restricted Fund 1
1,908
{3821
1,528
16. Analy818 of net assets between funds
Unrestricted
Funds
Restricted Total Funds Total Funds
Funds
2023
2022
Tangible fixed assets
Current assets
1.526
1,526
5,488
7,014
1,908
25,950
27.858
5,488
Net assets
5,488
1,526
16