COMPANY REGISTRATION NUMBER: N1023394
CHARITY REGISTRATION NUMBER: NICq00997
NEWRY & MOURNE MULTIPLE SCLEROSIS
COMMUNITY THERAPY CENTRE LIMITED
Company Limited by Guarantee
Unaudited Financial Statements
31 December 2024
GA ACCOUNTA
Chartered accountants
35 CHURCH SQUARE
BANBRIDGE
CO DOWN
BT32 4AP

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Financial Statements
Year end6d 31 December 2024
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 Guarantee
Trustees, Annual Report (Incorporatlng the Director's Report)
Year ended 31 December 2024
The trustees, who are also the directors for the purposes of company18w, present their report and the
unaudited financial statements of the charily for the year ended 31 December 2024,
Reference and administrative details
Reglstered charlty name
NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY
THERAPY CENTRE LIMITED
Charlty reglstratlon number
NIC100997
Company reglstratlon number N1023394
Principal office and registered Shepherd's Drive
offic8
Carnbane Industrial Estate
Newry
Co Down
BT35 6QJ
The trustees
MR T MCGUINNESS
MRS B O'HARE
MRS AJOHNSTON
Company secretary
CATHERINE GORMAN
Independent examiner
RGAACCOUNTANTS LTD
35 CHURCH SQUARE
BANBRIDGE
CO DOWN
BT32 4AP
structure, governancfr and management
Newry & Moume Multiple Sclerosis Cornrnunity Therapy Centre Limited is a company limited by
guarantee and is governed by its Memorandum and Articles of Association. It is recongised by HM
Revenue & Customs as a charity for tax purposes. It is also registered as a charity with the Charity
Commission for Northern Ireland.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢ontlnuedJ
Year ended 31 December 2024
Objectives and activitie8
Newry & Mourne Multiple Sclerosis centre provides therapies and support to people with Multiple
Sclerosis (MS). Therapies include oxygen therapy and physiotherapy. Support can be found in many
forms with gener211y drop-in chats to counselling and dietary advice,
The charity relies on dedicated volunteers and donors who give freely of their time and money to help
people with MS.
Achievements and performance
The Centre has suffered a deficit again this year. Last year it suffered a deficit of £20,843 excess of
expenditure over Income whereas thls year the deficit is £22,967.
The Charity has been unable to supplement its dive income with donations and fundraising events.
Th8 Charity will have to increase its charge for treatment in order to raise enough funds lo make the
Charity sustainable.
Financial revlew
The Charity suffered a deficit again this year whereby expenditure was in excess of income of £22,967
this year. The Charity supplements income by way of donations and fundraising events. Unfortunately
2024 was a very tough year due to rising prices and the loss of the annual Iractor run fundraising
event.
Plans for future periods
The charity hopes to contlnue to grow the number of clients and increase 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 wilh the provisions applicable to companies entitled to
the small companles exemption.
The trustees, annual report was approved on 16 September 2025 and signed on behalf of the board of
trustees by-
CATHERINE GORMAN
Charity Secretary

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limitad by Guarantee
Independent Examlner'8 Report to the Trustees of NEWRY & MOURNE
MULTIPLE SCLEROSIS COMMUNITY THERAPY CENTRE LIMITED
Year ended 31 December 2024
report to the trustees on my examination of the financial statements of NEWRY & MOURNE
MULTIPLE SCLEROSIS COMMUNITY THERAPY CENTRE LIMITED ('the Charity,) ft)r the year ended
31 December 2024.
Rasponslbllitles and basls of report
As the trustees of the company (and also its direclDrs for the purposes of company lawl you are
responsible for the preparation of the financial statemenls in accordance with the requirements of
Charities Act (Northem Ireland) 2008 (the '20Q8 Act,) and the Companies Act 2006 ('the 2006 Act'i.
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent examination.
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
the charity's financial statements as carried out under section 65 of thè 2008 Act. In carying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65{91(b} of the 2008 Act.
Independent examinerfs statement
I have completed my exarnination. I confirm that no matters have come to my attention in connection
with my @X8mination giving me cause to believe that in any malerial respect..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Acl., or
the financial statements do not accord with those records,, or
the financial statements do not comply with the accounting requirements of seclion 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is
not a matter considered as part of an independent examination., or
the financial statements 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 charilies preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102).

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Independent Examinerfs Report to the Trustees of NEWRY & MOURNE
MULTIPLE SCLEROSIS COMMUNITY THERAPY CENTRE LIMITED (continued)
Year ended 31 December 2024
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understsnding of the accounts to be reached,
RGA ACCOUNTANTS LTD
Independent Examiner
35 CHURCH SQUARE
BANBRIDGE
CO DOWN
BT32 4AP

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
statement of Financial Activities
(including income and 8xpenditure account)
Year ended 31 December 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Noto
Income and endowments
Donations and legacies
Investment income
53,939
53,939
53,603
Total income
53,947
53,947
53,605
Expenditure
Expenditure on charitable activities
Total expendlture
78,914
76,914
76,914
76,914
74,448
74,448
Net expenditure and net movement In
funds
(22,967)
(22,967}
(20,843)
Reconolllatlon of funds
Total funds brought forward
Total funds carried forward
5,488
(17,479>
1,526
1,526
7,014
(15,953)
27,858
7,015
The statement of financi81 activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statement8.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Statement of Financial Position
31 December 2024
2024
2023
Note
Flxed assgts
Tangible fixed assets
13
34,157
36,472
Current assets
Cash at bank and in hand
1,292
7,683
Creditor8: amounts falllng du8 within one year
Net current Ilabilities
14
51,401
50,109
37,141
29,458
7,014
7,014
Total assets less current Ilablliti8S
{15,952>
(15,952)
Net liabilities
Funds of the charity
Restricted funds
Unrestricted funds
1,221
{17,173)
(15,952)
1,526
5,488
Total charity funds
15
7,D14
For the year ending 31 December 2024 the charity Was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities.
The members have not required the company to obtain an audit of its financial 5talements for the
year in question in accordance wilh section 47S',
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting reGords and the preparation of financial statements,
These financial statements have been prepared in accordance with the provisions applicable lo
companies subject to the small companies, regime,
These financial statements were approved by the board of trustees and authorised for issue on 16
September 2025, and are signed on behalf of the board by:
MRS B O'HARE
Trustee
MRS AJOHNSTON
Truste6
The notes on pages 7 to 14 form part of these financial 8tatem8nts.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limitad by Guarantee
Notes to the Financial Statements
Year ended 31 December 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland, Th& address of the registered office
is Shepherd's Drive, Carnbane Industrial Estate, Newry, Co Down, 8T35 6QJ.
Statement of compllance
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 Ststement of
Recommended Practice applicable to charities preparing Iheir accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1 D2) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial stalements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and Itabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability lo continue.
Dlsclosure exemptions
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime.
Judgements and key sources of 8Stimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limitsd by Guarantee
Notes to the Financial Statements (contynued)
Year ended 31 December 2024
Account5ng pollclgs (Continued)
Fund accountlng
Unrestricted funds are available for use at the discretj'on 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
commitment.
Restricted funds are subjected tc restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of hvo sub-classes,, restricted income frjnds or
endowment funds.
Incomlng reSoU￿eS
All incoming resources are included in the stalement of financial activities when entitlement has
passed to the charily. it is probable that the economic benefits associated with the transaction will
flow lo the charity and the amount can be reliably measured. The following specific policies are
applied to parlicular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods 18 measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from conlracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contraclual
requirement for it to be spent on a particular purpose and returned if unspenl, in which case
it may be regarded as restricted.

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Notes to the Financial Ststamants {continuedJ
Year ended 31 December 2024
Accountlng pollcles (contlnued)
R8SOUtces expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes 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 fundraising aclivities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable airns for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities,
All costs sre allocated to expenditure categories reflecting the use of the resource. Direct cosls
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and ccnsistent basis,
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accurnulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequenl accumulated 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 it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depre¢iatlon
Depreciation is calculated so as to write off the cost or valuation Df an asset, less its residual
value, over the useful economic life of that asset as follows,,
Long leasehold property
Plant and machinery
Fixtures and fittings
2°/0 Straight line
20 % reducing balance
20 /0 reducing balance

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Notes to the Financial Ststements (contlnugd)
Year ended 31 December 2024
Accountlng pollcle8 (conlinuedj
Impalrment of flxed assets
A review for indicators of impairment is carried out at each reporting date, with thè recoverable
amount being estimated where such indicators exist, Where the carrying value excegds the
recoverable amount, the asset is impaired accordingly, Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when il is not possible to estimate the recDverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit tc which the asset belongs.
The cash-generating unit 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,
10

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limitsd by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 December 2024
Accountlng policlos (¢ontinued)
Flnancial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
conlractual provisions of the instrument.
Basic financial inslruments are initially recognised at the amount receivable or paable including
any related transaction costs, unless the arrangement constitutes a finanGing 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 Snd not discounted.
Debt instruments are subsequently measured at amortis8d cost.
other financial instruments, including derivatives, are initially reGognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed al a rate of interest
Ihat is not a market rale, in which case the asset is measured at the present value of the fulure
payments dlscounted at a market rate of interest for a similar debt instrument.
other financial instruments are subsequently measured at fair value, with any changes
recognised in profit or loss, with Ihe excepticn of hedging instruments in a designated hedging
relationsh ip (see hedge accounting policy).
Financial assets thal are measured at cosl or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impaiment, an
impairment loss is recognised under the appropriate heading in the statement of finanGial
activities in which the initial 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
either assessed individually or grouped on the basis of similar Gredit risk characteristics.
Any reversals of impairment are recognised immediately, to 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 impairmenl not previously been recognised.
Limited by guarantee
Newry & Mourne Multiple Sclerosis Community Therapy Centre is a company limited by
guarantee and accordingly does not have a share capital.
11

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantee
Notas to the Financial Statements (contlnuedj
Year ended 31 December 2024
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donatlons
Donations
Dive Income
5,587
48,352
53,939
5,587
48,352
53,939
10,224
43,379
53,603
10,224
43,379
53,603
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable type 1
Expendlture on charitable activities by fund typ8
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Activity type 1
76,S14
76,914
74,448
74,448
Expenditure on charitable activltles by activity type
Activities
undertaken Total funds
directly
2024
Total fund
2023
Actlvity type 1
76,914
76,914
74,448
Net expenditure
Net expenditure is stated after chargingl(crediting>:
2024
2023
Depreciation of tangible fixed assets
2,315
2,446
10. Independent examlnatlon fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
500
500
12

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limited by Guarantse
Notes to the Financial Statements (contlnued)
Year endad 31 December 2024
11. Stsff costs
The average head count of employees during the year was 212023: 2). The average number of
full-time equivalent employees during the year is analysed as follows..
2024
No.
2023
No.
Number of staff
No employee received employee benefits of more than £60,000 during the year (2023.. Nil).
12. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entily were
received by the trustees.
13. Tangible fixad assets
Long
leasehold
property
Plant and Fixtures and
machinery
fittings
Total
Cost
At 1 January 2024 and
31 December 2024
88,982
17,081
33,465
139,528
Depreclatlon
Al 1 January 2024
Charge for the year
At 31 December 2024
55,180
1.780
56,960
17,062
30,814
531
103,056
2,315
105,371
17,066
31,345
Carrylng amount
At 31 December 2024
32,022
33,802
15
2,120
2,651
34,157
36,472
Al 31 December 2023
19
14. Crodltors. amounts falling du8 Wlthin one year
2024
2023
Accruals and deferred income
Social security and other taxes
other creditors
50,049
1,332
20
35,807
1,308
26
51,401
37.141
13

NEWRY & MOURNE MULTIPLE SCLEROSIS COMMUNITY THERAPY
CENTRE LIMITED
Company Limltsd by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 December 2024
15. Analysis of charitablft funds
Unrestrlcted funds
At
1 January 202
At
31 December
2024
Income Expenditure
Transfers
General funds
5,488
53,947
{76,914)
306
(17,173)
At
1 January 202
At
31 December
2023
Income Expenditure
Transfers
General funds
25,950
53,605
(74,448)
381
5,488
Restrlcted fund$
At
1 January 202
At
31 December
2024
Income Expenditure
Transfers
Restricted Fund 1
1,526
(305)
1,221
At
1 January 202
At
31 December
2D23
Income Expenditure
Transfers
Restricted Fund 1
1,908
1382)
1,526
16. Analysis of net assets between funds
U nrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
1,221
1,221
117,1731
(15,9521
(17,1731
{17,173)
Net liabllities
1,221
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
1,526
1,526
5,488
7,014
5,488
5,488
Net liabilities
1,526
14