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ov? Py v wn "i °. wy bs 4 Tt | k T OTs, A” Central Scotland ", if t 1 iD Multiple Sclerosis Therapy Centre | f Fy Member of the Association of M | y e Therapy Centres ( agi we.” \ Yr; vy” e a * qt yr” - eee ® 4
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
Company Registration Number SC114958
Charity Registration Number SCO08608
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
CONTENTS
| PAGE | ||
|---|---|---|
| Members of the Board, Officers | ||
| and professional advisers | 1 | |
| Report of the Directors | 2-3 | |
| Profit & loss account and | ||
| statement of financial activities | 4 | |
| Balance sheet | 5 | |
| Notes to the financial statements | 6-8 | |
| The | following pages do not form part of the financial | statements |
| Accountant's report to the directors | 9 | |
| Independent examiner's report | 10 | |
| Detailed profit and loss account | ||
| andstatementoffinancialactivities | 11 |
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
Directors Ms L Malcolm Mr A Hadden Mr C Flint MrA Laing (resigned 6 May 2025) Secretary Mr Crawford Flint Treasurer Mr Alan Hadden
Registered Office Amicable House 252 Union Street Aberdeen AB10 1TN
Company Registration Number SC114958 Charity Registration Number SCO08608 Bankers Virgin Money (Clydesdale Bank PLC) 56 Murray Place Stirling FK8 2BX Solicitors Grant Smith Law Practice Amicable House 252 Union Street Aberdeen AB10 1TN
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
REPORT OF THE DIRECTORS
The directors present their annual report with the unaudited accounts of the company for the year ended 31st December 2025.
PRINCIPAL ACTIVITIES
The principal activity of the company during the year was the provision of care and support to sufferers of Multiple Sclerosis.
During the course of 2025 the Therapy Centre experienced a 13% increase in operating income to £58551. Income from donations and covenants grew by 19% to £53265. Income from fundraising decreased by 25% to £4940
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Operating costs for the year increased by 31% to £42340.
Expenditure on medical gases increasd by 36% to £12879 and spending on equipment repairs and maintenance costs increased by 141% to £9731 mainly due to the increased use of the chamber which meant that more equipment servicing and maintenance was required to keep the chamber operative.
Reported insurance costs increased by 9% to £2658.
No interest on cash reserves was received as all funds are now held in an operating acccount.
Retained reserves increased by 38% year on year to £58533 and now represent c16 months of operating expenses. The charity experienced a surplus on ordinary activities of £16211 in 2025 after meeting all its financial obligations including depreciation and interest.
The fund which had been created in 2024 to purchase a new oxygen tank has now been discontinued and the amount held in the fund has been transferred to the general fund of the MS Therapy Centre as the committee decided that the purchase of the tank was no longer feasible due to the physical constraints involved.
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
REPORT OF THE DIRECTORS (cont)
DIRECTORS
The following persons served as directors of the company during the year
Mr A Hadden
Ms L Malcolm Mr C Flint
DAN BADDEY 30 -3-2b
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CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
PROFIT AND LOSS ACCOUNT - STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | Restricted | Endowment | Total | This | Total | Last | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Year | Year | ||||||
| Notes | 2025 | 2025 | 2025 | 2025 | 2024 | |||||
| £ | £ | £ | £ | £ | ||||||
| Incoming Resources | ||||||||||
| Voluntary Income | App 2 | 53,265 | 53,265 | 44 807 | ||||||
| Activities for Generating Funds | App 2 | 5,287 | 5,287 | 6,722 | ||||||
| Investment Income | App 2 | ie) | ie) | ie) | ||||||
| Incoming resources from charitable activities | fe) | |||||||||
| Other incoming resources | App 2 | ie) | ie) | ie) | ||||||
| Total Incoming Resources | 58,551 | fe) | e) | 58,551 | 51,529 | |||||
| Resources Expended | ||||||||||
| Costs of Generating Funds | ||||||||||
| Costs of generating voluntary income | App 2 | fe) | ie) | |||||||
| Fundraising costs | (e) | |||||||||
| Investment management costs | ie} | |||||||||
| Charitable activities | App 2 | 42,340 | 42,340 | 32,292 | ||||||
| Governance costs | ie) | |||||||||
| Other resources expended | fe) | |||||||||
| Total Resources Expended | 42,340 | i?) | ie) | 42,340 | 32,292 | |||||
| Net incoming/(outgoing) resources before other | ||||||||||
| recognised gains/(losses) | 16,211 | fe) | fe) | 16,211 | 19 237 | |||||
| Gross transfersbetween funds | e) | |||||||||
| Net incoming/(outgoing) resources before other recognised gains/(losses) |
16,211 | (0) | ) | 16,211 | 19237 | |||||
| Other Recognised gains/(losses) | ||||||||||
| Gains and losses on revaluation of fixed assets for | ||||||||||
| the charity's own use | 0 | |||||||||
| Gains and losses on investmentassets | (e) | |||||||||
| Net movement in funds | 16,211 | 0) | 0 | 16,211 | 19 | 237 | ||||
| Total Funds brought forward | 40,255 | 40,255 | 21,018 | |||||||
| Totalfundscarriedforward | 56,466 | fe) | (e) | 56,466 | 40,255 |
None of the company's activities were acquired or discontinued during the above financial years
There were no recognised gains or losses other than the profit or loss for the above financial years
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CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
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BALANCE SHEET
Unrestricted Restricted Endowment Total This Total Last
Funds Funds Funds Year Year
Notes 2025 2025 2025 2025 2024
£ £ £ £ £
Fixed Assets
Tangible assets 6 0 0 0
investments 0 0
Total Fixed Assets LL(e) fe) [e) i?) ie)
Current Assets
Stock and work in progress ie)
Debtors 7 951 951 983
(Short term) investments (¢)
Cash at bank and in hand 59,299 59,299 42.128
Costs of generating voluntary income 0
LL
Total Current Assets 60,250 te) 0 60,250 43,111
Creditors: amount falling due within one year 8 1,717 17
Net current assets/(liabilities) ——<————————LL58,533 ie) 0 58,533 42,321
—————————_————————
Total assets less current liabilities 58 533 0 i¢) 58 533 42,321
Creditors: amount falling due after one year i?)
Provisions for liabilities and charges fe)
Net —— es
Assets Sd58,533 ie) 0 58,533 42,321
Funds of the Charity th el tl
Unrestricted funds 58,533 58,533 38,467
Restricted income funds 0 3,854
Endowment funds 0
Total Funds 58535 0 ) 5b 533 F2321
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For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Signed on behalf of the Board of Directors
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4ChlSladen LD oe . 30-34-26
Director (Signature and Name) ALP RADDEN DateI Toate es
Approved by the board of directors on
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CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
NOTES TO THE ACCOUNTS
1. Accounting Policies
Basis of Accounting
The accounts have been prepared under the historical cost convention and applicable accounting standards.
Tangible Fixed Assets
Depreciation is provided ona straight line basis at rates determined by the anticipated useful lives of the assets.
| Building | 10% per annum |
|---|---|
| PlantandEquipment | 25%perannum |
Cash Flow Statement
The company has taken advantage of the exemption from preparing a cash flow statement conferred by Financial Reporting Standard No.1 on the grounds that it qualifies as a small company under the Companies Act 1985.
2. Income
Income reported in the accounts represents the amounts received from donations, fundraising and the contributions received from Multiple Sclerosis clients attending the therapy centre.
| 3. Income from Investments | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Bank Interest Received | fe) | fe) |
| Building Society Interest Received | 0 | 0 |
| __9 | ____9 |
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
NOTES TO THE ACCOUNTS (Cont)
| 2025 | 2024 | |
|---|---|---|
| 4. Interest Payable | £ | £ |
| Bank Interest Payable | O | O |
| _____o | ___0 |
- Taxation
The company is a registered charity and therefore not subject to Corporation tax on investment income.
6. Tangible Fixed Assets
| 6. Tangible Fixed Assets | ||||
|---|---|---|---|---|
| Plant & | ||||
| Buildings | Eqpt | Total | ||
| Cost | £ | £ | £ | |
| As at Ist Jan 2025 | 27,500 | 10,913 | 38,413 | |
| Additions | ) | 0 | 0 | |
| 27,500 | ‘10,913 | 38,413 | ||
| Depreciation | ||||
| As at Ist Jan 2025 | 27,500 | 10,913 | 38,413 | |
| Charged for theyear | fe) | 0) | 0 | |
| As at 31st Dec 2025 | 27,500 | 10,913 | 38 | 413 |
| Net Book Value | ||||
| As at Ist Jan 2025 | O | 6) | O | |
| As at 31st Dec 2025 | 0 | 0 | O | |
| The company does not own the land on which the | property is sited. | |||
| 7. Debtors & prepayments | 2025 | 2024 | ||
| Amounts due within 1 year | £ | £ | ||
| Prepayments | S51 | 983 | ||
| Other debtors | fe) | fe) | ||
| 951 | 983 |
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
NOTES TO THE ACCOUNTS (Cont)
| 8. Creditors | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Amounts due within 1 year | ||
| Utilities | 412 | 0 |
| Physio services | O | O |
| Medical Oxygen | 1265 | 790 |
| Other | 40 | 0 |
| 1717 | 790 |
9. Related Party Transactions
No transaction with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.
10. Company Limited by Guarantee
The company is limited by guarantee with each member guaranteeing a sum of up to £1.
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CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 3ist DECEMBER 2025
ACCOUNTANT'S REPORT TO THE DIRECTORS
As described in the directors report, you are responsible for the preparation of the accounts for the year ended 31st December 2025, as set out on pages 4 to 8. You consider that the company is exempt from an audit under the Companies Act 1985.
In accordance with your instructions, I have prepared, without undertaking an audit, the attached financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.
A Hadden
30th March 2026
This page does not form part of the statutory accounts.
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025
INDEPENDENT EXAMINER'S1 REPORT
A report on the Accounts of the company for the year ended 31st December, 2025.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The company trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the Accounts as required under Section 44(I)c of the Act and to state whether particular matters come to my attention.
Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the Accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees considering any such matters, The procedures undertaken do not provide all evidence that would be required by an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner's Statement
In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with Section 44 (I)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Martin Dunsmore Signature $= > DATE: 15-Apr-26
This page does not form part of the statutory accounts.
CENTRAL SCOTLAND FRIENDS OF A.R.M.S LIMITED
FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2025
DETAILED PROFIT & LOSS ACCOUNT - STATEMENT OF FINANCIAL ACTIVITIES
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Donations and Covenants | 53,265 | 44 | 807 | ||
| Fund Raising Activities | 4,940 | 6,649 | |||
| Collection boxes | 346 | 73 | |||
| Sundry Income | ¢) | ||||
| 58,551 | 51,529 | ||||
| LESS OVERHEADS | |||||
| Clinical services - Physio | |||||
| Clinical services - Other | |||||
| Medical gases | 12,879 | 9,474 | |||
| Equipment repairs & maintenance | 9,731 | 4,040 | |||
| Utilities | 2,670 | 2,437 | |||
| Telephone | S7i | 359 | |||
| Insurance | 2,658 | 2,421 | |||
| Other running costs | 1,032 | 561 | |||
| Gifts and donations | |||||
| Rent and rates | 13,000 | 13,000 | |||
| Property repairs | |||||
| Depreciation - Property | |||||
| Depreciation - Plant and equipment | |||||
| Accountants’ remuneration | |||||
| Bank charges | |||||
| Sundry expenses | |||||
| 42,340 | 32,292 | ||||
| Operating (Loss)/Profit | 16,211 | 19,237 | |||
| Interest receivable | 0 | 0 | |||
| Interest payable | 0 | 0 | |||
| (Loss)/ProfitonOrdinaryactivities | 16,211 | 19,237 |
This page does not form part of the statutory accounts.