Neuro Therapy Network Ltd
Report and Accounts
31 December 2024
Registered number
02808298
Registered Charity Number 1031690
Neuro Therapy Network Ltd
Report and accounts
Contents
Page
Charity information 1
Trustees report 2
Independent examiner's report 3
Profit and loss account 4
Balance sheet 5
Movement in funds 6
Notes to the accounts 7
Neuro Therapy Network Ltd
Charity Information
Trustees
Mr P D Spaven
Mrs C J Blake-Symes
Mr M E Suddes
Mr S G Wilson
Secretary
Mr B G Elwen
Accountants
Hurren & Jubb Accountants Limited
Unit 2-4 Protection House
Albion Road
North Shields
Tyne & Wear
NE30 2RH
Registered office
26c Napier Road
Luton
LU1 1RF
Registered Company number
02808298
Registered Charity number
1031690
Neuro Therapy Network Ltd
Registered number: 02808298
Trustees Report
The trustees present their report and accounts for the year ended 31 December 2024.
Principal activities
The company's principal activity during the year continued to be the provision of support, training and operational guidance to neuro therapy centres throughout Great Britain, and in Gibraltar and Jersey.
Trustees
The following persons served as directors during the year:
Mr P D Spaven
Mrs C J Blake-Symes
Mr M E Suddes
Mr S G Wilson
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 28 May 2025 and signed on its behalf.
Mr P D Spaven
Director
Neuro Therapy Network Ltd
Independent examiner's Report
Independent examiner's report
Neuro Therapy Network Ltd
You consider that the company is exempt from an audit for the year ended 31 December 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Independent examiner's statement
I have completed my examination of the accounts year end 31 December 2024, I confirm that no
matters have come to my attention in connection with the examination giving me cause to believe:
Accounting records were not kept in respect of the company as required by section 386 of the
2006 Act; or
The accounts do not accord with those records; or
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
The accounts have not been prepared in accordance with the methods and principles of the
Statement or Recommended Practice for accounting and reporting by charities (applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard 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
acccounts to be reached.
Mr S Jubb
Date…...........................
Hurren & Jubb Accountants Limited
Accountants
Unit 2-4 Protection House
Albion Road
North Shields
Tyne & Wear
NE30 2RH
28 May 2025
Neuro Therapy Network Ltd
Profit and Loss Account
for the year ended 31 December 2024
2024 2023
£ £
Turnover 50,494 22,845
Cost of sales (13,301) (763)
Gross profit 37,193 22,082
Administrative expenses (42,710) (73,308)
Net income/(expenditure) (5,517) (51,226)
Gain on revaluation of investments 4,374 6,611
Interest receivable 9 8
Net income/(expenditure) (1,134) (44,607)
Tax on loss - -
Net income/(expenditure) (1,134) (44,607)
Neuro Therapy Network Ltd
Registered number: 02808298
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 175,469 186,095
Current assets
Debtors 4 13,419 505
Cash at bank and in hand 4,469 10,850
17,888 11,355
Creditors: amounts falling due within one year 5 (536) (3,495)
Net current assets 17,352 7,860
Net assets 192,821 193,955
Capital and reserves
Profit and loss account 192,821 193,955
Total funds 192,821 193,955
The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 475 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr P D Spaven
Director
Approved by the board on 28 May 2025
Neuro Therapy Network Ltd
Movement in funds
for the year ended 31 December 2024
Share Re- Unrestricted Total
capital valuation Total
reserve funds
£ £ £ £
At 1 January 2023 - - 238,562 238,562
Net income/(expenditure) for financial year (44,607) (44,607)
At 31 December 2023 - - 193,955 193,955
At 1 January 2024 - - 193,955 193,955
Net income/(expenditure) for financial year (1,134) (1,134)
At 31 December 2024 - - 192,821 192,821
Neuro Therapy Network Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Income
All income recognised is once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably
Taxation
The charity is exempt from corporation tax on its charitable activities
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments £
Cost
At 1 January 2024 264,760
At 31 December 2024 264,760
Provisions
At 1 January 2024 78,665
Provided during the year 10,626
At 31 December 2024 89,291
Net book value
At 31 December 2024 175,469
At 31 December 2023 186,095
4 Debtors 2024 2023
£ £
Trade debtors 30 495
Other debtors 13,389 10
13,419 505
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 494 1,764
Taxation and social security costs 42 59
Other creditors - 1,672
536 3,495
6 Other information
Neuro Therapy Network Ltd is a private company limited by guarantee and incorporated in England. Its registered office is:
26c Napier Road
Luton
LU1 1RF
7 Related party disclosures
There were no related party transactions for the year ended 31 December 2024.
Neuro Therapy Network Ltd 02808298 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2024 02808298 2023-01-01 2023-12-31 02808298 1 2023-01-01 2023-12-31 02808298 core:WithinOneYear 2023-12-31 02808298 core:RetainedEarningsAccumulatedLosses 2023-12-31 02808298 2022-12-31 02808298 core:ShareCapital 2022-12-31 02808298 core:OtherReservesSubtotal 2022-12-31 02808298 core:RetainedEarningsAccumulatedLosses 2022-12-31 02808298 2024-01-01 2024-12-31 02808298 bus:RegisteredCharity 2024-01-01 2024-12-31 02808298 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 02808298 bus:Director1 2024-01-01 2024-12-31 02808298 bus:Director3 2024-01-01 2024-12-31 02808298 bus:Director5 2024-01-01 2024-12-31 02808298 bus:Director2 2024-01-01 2024-12-31 02808298 bus:Director4 2024-01-01 2024-12-31 02808298 1 2024-01-01 2024-12-31 02808298 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 02808298 core:Goodwill 2024-01-01 2024-12-31 02808298 countries:England 2024-01-01 2024-12-31 02808298 bus:FRS102 2024-01-01 2024-12-31 02808298 bus:FullAccounts 2024-01-01 2024-12-31 02808298 2024-12-31 02808298 core:WithinOneYear 2024-12-31 02808298 core:RetainedEarningsAccumulatedLosses 2024-12-31 02808298 core:ShareCapital 2024-12-31 02808298 core:OtherReservesSubtotal 2024-12-31 02808298 core:Goodwill 2024-12-31 02808298 2023-12-31 02808298 core:ShareCapital 2023-12-31 02808298 core:OtherReservesSubtotal 2023-12-31 02808298 core:Goodwill 2023-12-31 iso4217:GBP xbrli:pure