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REGISTERED COMPANY NUMBER: 10898963 (England and Wales)
REGISTERED CHARITY NUMBER: 1180086





REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Report of the Trustees 1 to 5

Independent Examiner's Report 6

Statement of Financial Activities 7

Balance Sheet 8 to 9

Notes to the Financial Statements 10 to 15

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Primary objectives
The companies objectives are to preserve and protect good health for the public benefit within areas of neurology or physiotherapy or cognate health-related fields (including neuro-physiotherapy, neurosciences, neuro-technology, neurosurgery, neuro-rehabilitation and adjacent subdisciplines). Through education, training, scholarship, research, knowledge-creation, dissemination and exchange, leadership, continuing development and overall practice excellence and achievement and fostering dialogue on related health and social care policy and professionalism.

We review our aims, objectives and business strategy annually, taking into account available resources.

Our main objectives during 2024 were to:

- Increase our external presence.
- Continue embedding the ACPIN office into the day to day running requirements of ACPIN.
- Clarifying charity purpose with people living with neurological conditions.
- Continue to extend and build upon current provision of CPD training through a diverse range of training courses.
- Continue the implementation of a clear Governance structure in line with Charity Commission guidelines.
- Continuing collaborating with other Associations.
- Systematically explore ways in which we can engage with the public more effectively.

Public benefit
The Board has paid due regard to the Charity Commission's guidelines on public benefit. ACPIN remains committed to fostering, for the public benefit, the highest standard of education and resource learning tools for all. This in turn, will enable the delivery of the best possible care for members of the public and their patients, ensuring they are always up-to-date with the latest developments and innovations in this area of physiotherapy. ACPIN recognises the positive effect that high quality, life-long training can have for all.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024


ACHIEVEMENT AND PERFORMANCE
ACPIN's Board consists of 6 portfolio holders, including the Chair, Vice Chair and Treasurer, all of whom have a responsibility to grow and develop their areas for the benefit of the public including ACPIN and its members.

A summary of the collective achievements of the Board up until 31st December 2024 is provided below:

- Membership: Membership continues to increase and currently ACPIN membership stands at 3170 members. The last year has proven difficult in terms of maintaining member numbers, with one of the highest membership cancellations (n=653) to date.
- Data Protection: Full compliance with GDPR regulations, ensuring that no mailing lists are shared with external parties.
- Distribution of weekly newsletter to members includes regular clinical and practice-related consultations that members can participate in and a huge uptake in members of the public getting in touch with ACPIN to link in with neurological physiotherapists in their local area. The newsletter continues to expand, and we are now including relevant research calls, patient and public involvement success stories and linking people living with a neurological condition directly with neurological physiotherapists.
- Increasing the availability of the best evidence for treatment: We have commissioned a new website that will feature dedicated, open-access resources for the public. The Resources Working Group has continued to identify existing resources and build a comprehensive compendium of web-based e-learning courses and materials, which will be accessible through the website. Patient and public involvement members actively contribute to this group.
- Reviewing Educational Opportunities: The Education Working Group has structured the educational requirements for members, signposting them to relevant courses and identifying suitable content for the public, particularly ensuring that conferences and CPD opportunities incorporate this. Patient and public involvement members actively contribute to this group. Our "What is a neurophysiotherapist" project continues, and we have also started exploring a clinical handling skills course, related to what is expected of a neurophysiotherapist when treating patients.
- Engaging with members of the public: We will be working with Neurological Alliance to further engage with members of the public; we have had preliminary discussions with 3 Million Steps - another charity - to see whether there are any joint working opportunities, including engaging with members of the public.
- Working with other charitable organisations: Neurological Alliance collaboration continues including actively contributing to their campaigns. We have had initial talks with the British Polio Foundation to explore where we can work together. We have a meeting with the Stroke Association and PD UK to explore similar working.
- Harmonising CPD delivery: We have successfully harmonised CPD delivery to ensure that all hubs deliver 4 opportunities per hub per year. This excludes CPD events hosted by the National Exec Board. We have successfully collaborated with the Danish Neurological Society to jointly deliver 2 online CPD activities this year, and are planning to expand this next year. We have successfully delivered a well-attended International Conference in London. Our patient engagement session was very well received. We are currently focussing on collaborating with our European partners to deliver a successful conference in Maastricht in 2025, with a strong focus on clinical relevance for people living with a neurological condition.
- Delivering high-quality evidence-based information to improve treatment options for patients and the public:
o Delivery of quarterly journal clubs that seek to increase physiotherapists' ability to critique treatment choices and deliver evidence-based care.
o Delivery of a well-supported and successful virtual study day in 2024 and continued virtual professional development courses at breakeven costs.
o We have identified that members of the public need more support in making sure that the FES guidelines and requirements are highlighted to commissioners. This is now part of MSc students work.
- Publicity: media exposure through charitable organisations such as the Neurological Alliance and professional bodies such as the Chartered Society of Physiotherapists. Our members, through a call via ACPIN, have successfully collaborated with the CSP to produce patient-relevant videos in relation to Rehab works.

The cost-of-living crisis continues to impact ACPIN and the current global wars are impacting ACPIN's performance and achievements. We have continued to forge ahead with our work plans as much as possible, acknowledging the slowed pace in most of our plans, given the current constraints. Despite these delays, we continue to be responsive to queries from people living with neurological conditions and are looking at ways to engage with them actively.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024


FINANCIAL REVIEW
Financial position
The Charity relies on funds generated through membership subscriptions as well as surplus funds received from conferences and courses.

The Board continues to pursue potential fundraising activities to augment existing reserves actively.

Principal funding sources
The principal funding source for ACPIN remains through its membership.

Reserves policy
Our policy is to maintain reserves at a sufficient level to support management, administration and support costs. Any surplus funds are reinvested in the Charity and earmarked for a variety of projects.

At the end of the financial year, ACPIN's reserves totalled £550,010.

FUTURE PLANS
ACPIN's plans for the coming financial year are:

- Patient and public involvement
This area is slowly coming together with discussions being planned with various charity partners. We have approached people living with a neurological condition who are eager to participate and help where they can. Whilst the slow pace of this has been disappointing, ACPIN is committed to ensuring that patient and public involvement and engagement is a cornerstone of its foundation and we are constantly looking at how we can further incorporate this.

- Fundraising:
o Enhance fundraising activities in support of ACPIN's ongoing objects. ACPIN is actively exploring ways to achieve this in line with its charitable strategy. We have been in discussions with 3 Million Steps to explore potential joint fundraising initiatives, and these talks are ongoing.
o We have looked at accessing governmental grants and funding opportunities that promote ACPIN's objectives. It has been highlighted to us that we need to have a shared purpose and this is something that the ACPIN Board are busy reviewing.
o Investigate collaborative opportunities which have a wider public health benefit. We have developed collaborations with the Motor Neurone Disease organisation, the Neurological Alliance, and the Multiple Sclerosis Society. We are currently exploring potential collaborative opportunities with the British Polio Foundation and the Stroke Association.

- Governance
o We will continue to define our Risk Register/Risk rating tool.
o We are developing our conference programme to ensure that it is accessible to patient and public involvement and engagement members

- Education:
o To enhance educational opportunities for the benefit of all through publications and e-learning materials. We continue to expand our open-access online learning offerings significantly. We are establishing our grant-giving criteria to ensure that we support research or projects that have the greatest patient benefit.
o To plan an ACPIN face-to-face conference for 2026, where we have to patient and public involvement and engagement embedded through each aspect of the conference.
o Use the ACPIN conference as a platform to continue with the engagement process with members of the public.
o Seek collaboration and engage with the public to maximise co-design opportunities for the public benefit.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document the Memorandum and Articles of Association, dated 18th September 2018.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Reference and administrative details
ACPIN is a registered company in England and Wales - number 10898963 and a Registered Charity - number 1180086

Recruitment and appointment of new trustees
The Board recognises the importance of improving the governance structure in line with Charity Commission guidelines. Therefore, they have drafted a comprehensive trustee document including roles and responsibilities as well as a guideline for the recruitment of new Trustee Board members. The ACPIN Board had approved this document and part of the future plan is to advertise for, and commence, trustee recruitment. We have reached out to the Neurological Alliance for help and support in the recruitment process. We are also in discussions with the other charities mentioned above to understand what their trustee processes have looked like.

Organisational structure
The ACPIN charity is made up of a Board of Directors, which is accountable to the ACPIN Council. The ACPIN Council also includes hub council members. Collectively, the Council holds the Board responsible for the delivery of its charitable objects. The ACPIN Board meets monthly, and the ACPIN Council meets twice per year. In addition, the Chair has ultimate responsibility to ensure that the charity acts in accordance with its charitable objects, which are set out in Article 2 of the Articles of Association.

Risk management
The Board regularly reviews the major risks to which the charity is exposed. The Board regularly reviews the charity's governance structure and continues to review and update the policy documents to ensure that the charity has robust and fully accountable procedures in place for its ongoing operation. These policies are under continuous review, where new documents are drafted and ratified to augment those already in place. These policies undergo a strict yearly review process to ensure they remain current and consistent with prevailing guidelines.

As a small charity, ACPIN is also highly dependent on the willingness of the ACPIN Board, who are entirely made up of volunteers, to invest considerable amounts of personal, unpaid time as well as having a few highly dedicated part-time staff. We recognise a clear risk to the charity should we lose key individuals that we cannot easily replace. As a result, we are constantly reviewing our operational performance and capacity to ensure that we have the capacity, correct skill mix and availability to deliver on our objectives. To offset the workload of these volunteers, we are always seeking ways to collaborate with other charities and organisations with a similar focus to ours on small projects. We are starting to explore setting up small project groups, that have a tendering process for them. These groups are then accountable to the relevant working group which reports to the Board and Council.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
10898963 (England and Wales)

Registered Charity number
1180086

Registered office
Morello Clinic, Nelson House
Langstone Business Park
Langstone
Newport
NP18 2LH


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024


Trustees
Ms A B Adonis (Chair)
Ms L Azam (resigned 1.8.2025)
Mr A J J Brouwers
Ms N Guck (Vice Chair)
Mr P Kumar
J Sampson (Treasurer)
Mrs R Groenevelt (appointed 1.8.2025)
Miss L O'Connor (appointed 2.8.2025)

Independent Examiner
David Barr BSC FCA
Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

Approved by order of the board of trustees on 29th September 2025 and signed on its behalf by:





J Sampson (Treasurer) - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY


Independent examiner's report to the trustees of Association Of Chartered Physiotherapists In Neurology ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. the accounts 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 (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 accounts to be reached.








David Barr BSC FCA

Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

30th September 2025

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST DECEMBER 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3,350 4,000

Charitable activities
Membership fees 122,499 116,029
Conference and workshops 94,655 178
Courses, database and projects 44,521 120,159
Website/advertising 3,698 -

Investment income 2 5,524 2,319
Total 274,247 242,685

EXPENDITURE ON
Raising funds 3 4,452 -

Charitable activities
Conference and workshops 136,212 15,689
Synapse/Newsletter/Stroke Guidelines/UK Forum
5,695

3,178
Courses, database and projects 4,057 13,993
Administrative support 68,374 66,681
Website/advertising 49,106 22,896
Grants to individuals 3,180 -
Total 271,076 122,437

Net gains on investments 4,493 -

NET INCOME 7,664 120,248


RECONCILIATION OF FUNDS
Total funds brought forward 542,346 422,098

TOTAL FUNDS CARRIED FORWARD 550,010 542,346

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Tangible assets 8 1,156 1,901
Investments 9 122,636 -
123,792 1,901

CURRENT ASSETS
Debtors 10 9,855 16,892
Cash at bank 423,424 537,309
433,279 554,201

CREDITORS
Amounts falling due within one year 11 (7,061 ) (13,756 )

NET CURRENT ASSETS 426,218 540,445

TOTAL ASSETS LESS CURRENT
LIABILITIES

550,010

542,346

NET ASSETS 550,010 542,346
FUNDS 12
Unrestricted funds 550,010 542,346
TOTAL FUNDS 550,010 542,346

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY (REGISTERED NUMBER: 10898963)

BALANCE SHEET - continued
31ST DECEMBER 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 29th September 2025 and were signed on its behalf by:





J Sampson (Treasurer) - Trustee

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Plant and machinery - 25% on reducing balance
Computer equipment - 33.33% straight line

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
All funds are unrestricted and can be used in accordance with the charitable objectives at the discretion of the trustees.

Investments and investment gains and losses
Stocks and shares quoted on the London Stock Exchange are included in the balance sheet at their market value at the year end. The differences between the market value and the original cost of the investment are included in the Statement of Financial Activities. No unquoted investments are held.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


2. INVESTMENT INCOME
2024 2023
£    £   
Portfolio income 2,493 -
Deposit account interest 3,031 2,319
5,524 2,319

3. RAISING FUNDS

Investment management costs
2024 2023
£    £   
Portfolio management 4,452 -

4. SUPPORT COSTS
Governance
Management Finance costs Totals
£    £    £    £   
Administrative support 62,225 2,189 3,960 68,374

Support costs, included in the above, are as follows:

Management
2024 2023
Administrative Total
support activities
£    £   
Wages 32,846 37,004
Insurance 1,902 1,657
Office expenses 3,504 3,019
Sundries 17,808 13,319
Travelling 5,420 3,570
Depreciation 745 814
62,225 59,383

ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. SUPPORT COSTS - continued
Finance
2024 2023
Administrative Total
support activities
£    £   
Bank charges 2,189 4,298
Governance costs
2024 2023
Administrative Total
support activities
£    £   
Independent examiner's fees 3,960 3,000

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 745 813

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023.


7. STAFF COSTS

The average monthly number of employees during the year was as follows:

2024 2023
Office 3 3

No employees received emoluments in excess of £60,000.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


8. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st January 2024 and
31st December 2024

5,981

4,029

10,010

DEPRECIATION
At 1st January 2024 5,160 2,949 8,109
Charge for year 205 540 745
At 31st December 2024 5,365 3,489 8,854
NET BOOK VALUE
At 31st December 2024 616 540 1,156
At 31st December 2023 821 1,080 1,901

9. FIXED ASSET INVESTMENTS
Cash and
Listed settlements
investments pending Totals
£    £    £   
MARKET VALUE
Additions 138,548 120,000 258,548
Disposals (21,090 ) (117,781 ) (138,871 )
Revaluations 2,959 - 2,959
At 31st December 2024 120,417 2,219 122,636
NET BOOK VALUE
At 31st December 2024 120,417 2,219 122,636
At 31st December 2023 - - -

There were no investment assets outside the UK.

The historical book cost of investments held at 31st December 2024 was £117,457.


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,794 5,991
Other debtors 292 1,237
Prepayments and accrued income 1,769 9,664
9,855 16,892

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,296 3,335
Other creditors 765 7,421
Accrued expenses 3,000 3,000
7,061 13,756

12. MOVEMENT IN FUNDS
Net
movement At
At 1.1.24 in funds 31.12.24
£    £    £   
Unrestricted funds
General fund 542,346 7,664 550,010

TOTAL FUNDS 542,346 7,664 550,010

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 274,247 (271,076 ) 4,493 7,664

TOTAL FUNDS 274,247 (271,076 ) 4,493 7,664


ASSOCIATION OF CHARTERED
PHYSIOTHERAPISTS IN NEUROLOGY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.1.23 in funds 31.12.23
£    £    £   
Unrestricted funds
General fund 422,098 120,248 542,346

TOTAL FUNDS 422,098 120,248 542,346

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 242,685 (122,437 ) 120,248

TOTAL FUNDS 242,685 (122,437 ) 120,248

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st December 2024.

14. REGIONAL HUBS

In the year to 31st December 2023 the finances of each of the 11 regional hubs were transferred into the main charity. Previously all the regional hubs managed their own funds independently. This change resulted in a significant increase in the 2023 year end bank balance in the balance sheet and also the income earned from courses and projects.