Multiple Sclerosis Therapy Centre - Charities report

REGISTERED COMPANY NUMBER: 02215138 (England and Wales)

REGISTERED CHARITY NUMBER: 700382

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Multiple Sclerosis Therapy Centre

(South Yorkshire) Ltd

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

12

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 31 December 2025. 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

Objectives and aims

The main purpose of the company is to provide support to people affected by multiple sclerosis and other neurological or life changing conditions..

Our mission is to strive for excellence in providing support for the sufferers of multiple sclerosis and other neurological or life changing conditions.

Significant activities

The principal activity continues to be that of supporting people affected by multiple sclerosis and other neurological or life changing conditions in the local area.

FINANCIAL REVIEW

Reserves policy

The directors' policy is to build up our free reserves to a level which will be sufficient to cover all our expenses for a period of at least one year assuming that no income was received.

Through this financial period we have seen again the positive effect of our cancelation policy paired that was introduced strategically to allow the centre to be able to keep running and negate losses suffered from missed appointments and combat the increase of utility bills and other expenditure.

During the year we have received our regular 'good will' donations from our members that are gratefully received and make a huge difference. Some of our members have also done some fundraising for us all of which helps us to continue to keep the centre running.

Some of the centres reserves have been spent in this financial period on maintaining the building and updating the equipment which was necessary to continue to operate safely and to make sure we can function effectively and are therefore able to continue to help as many people as possible.

STRUCTURE, GOVERNANCE AND MANAGEMENT

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.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

We consider that the systems we have in place to mitigate such risks appear to be adequate in normal circumstances.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02215138 (England and Wales)

Registered Charity number

700382

Registered office

Bradbury House

25 Saint Marys Drive

Catcliffe

Rotherham

South Yorkshire

S60 5TN

Trustees

S Eccles

S Hussain

S Crosby

K L Herring

L A Ratcliffe

D E Ryczek

M L Mitchell

Company Secretary

S Hussain

Independent Examiner

D Mangles FCA

Heather Lea Business Services

49 Heather Lea Avenue

Sheffield

S17 3DL

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 14 May 2026 and signed on its behalf by:

S Hussain - Secretary

Independent examiner's report to the trustees of Multiple Sclerosis Therapy Centre (South Yorkshire) Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

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

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.

D Mangles FCA

Heather Lea Business Services

49 Heather Lea Avenue

Sheffield

S17 3DL

14 May 2026

31.12.25

31.12.24

Unrestricted

Restricted

Total

fund

funds

Notes

£

INCOME FROM

Donations

135,295

-

135,295

166,364

Other trading activities

2

14,770

-

14,770

16,912

Total

150,065

-

150,065

183,276

EXPENDITURE ON

Raising funds

3

174,796

-

174,796

154,173

Other

7,482

5,273

12,755

10,029

Total

182,278

5,273

187,551

164,202

NET INCOME/(EXPENDITURE)

(32,213

)

(5,273

)

(37,486

)

19,074

RECONCILIATION OF FUNDS

Total funds brought forward

130,270

179,277

309,547

290,473

TOTAL FUNDS CARRIED FORWARD

98,057

174,004

272,061

309,547

31.12.25

31.12.24

Unrestricted

Restricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

8

37,123

174,004

211,127

214,483

CURRENT ASSETS

Debtors

9

724

-

724

395

Cash at bank and in hand

63,250

-

63,250

97,232

63,974

-

63,974

97,627

CREDITORS

Amounts falling due within one year

10

(3,040

)

-

(3,040

)

(2,563

)

NET CURRENT ASSETS

60,934

-

60,934

95,064

TOTAL ASSETS LESS CURRENT
LIABILITIES

98,057

174,004

272,061

309,547

NET ASSETS

98,057

174,004

272,061

309,547

FUNDS

11

Unrestricted funds

98,057

130,270

Restricted funds

174,004

179,277

TOTAL FUNDS

272,061

309,547

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

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 14 May 2026 and were signed on its behalf by:

S Eccles - Trustee

S Hussain - Trustee

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.

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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Equipment

-

20% on cost

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	OTHER TRADING ACTIVITIES

31.12.25

31.12.24

£

Fundraising events

8,660

11,595

Shop income

1,589

1,438

Miscellaneous

1,039

276

Drinks

592

666

Room hire

2,890

2,937

14,770

16,912

3.	RAISING FUNDS

Costs of raising income

31.12.25

31.12.24

£

Rates and water

1,102

940

Insurance

3,879

3,809

Light and heat

5,269

5,235

Telephone

811

858

Postage and stationery

843

1,039

Sundries

247

605

Fundraising expenses

5,250

441

Repairs and renewals

1,722

4,915

Computers and online backup

701

640

Licences

60

199

Hygiene bins

270

100 Club prizes

803

705

Training

528

-

Support costs

153,311

134,517

174,796

154,173

4.	NET INCOME/(EXPENDITURE)

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

31.12.25

31.12.24

£

Depreciation - owned assets

9,405

8,195

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

6.	STAFF COSTS

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

31.12.25

31.12.24

Admin Staff

4

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

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

£

INCOME FROM

Donations

166,364

-

166,364

Other trading activities

16,912

-

16,912

Total

183,276

-

183,276

EXPENDITURE ON

Raising funds

154,173

-

154,173

Other

4,756

5,273

10,029

Total

158,929

5,273

164,202

NET INCOME/(EXPENDITURE)

24,347

(5,273

)

19,074

RECONCILIATION OF FUNDS

Total funds brought forward

105,923

184,550

290,473

TOTAL FUNDS CARRIED FORWARD

130,270

179,277

309,547

8.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Equipment

Totals

£

COST

At 1 January 2025

409,736

18,852

-

428,588

Additions

-

6,049

At 31 December 2025

409,736

18,852

6,049

434,637

DEPRECIATION

At 1 January 2025

195,253

18,852

-

214,105

Charge for year

8,195

-

1,210

9,405

At 31 December 2025

203,448

18,852

1,210

223,510

NET BOOK VALUE

At 31 December 2025

206,288

-

4,839

211,127

At 31 December 2024

214,483

-

214,483

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Prepayments

724

395

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Social security and other taxes

1,580

1,024

Pension

-

346

Accrued expenses

1,460

1,193

3,040

2,563

11.	MOVEMENT IN FUNDS

Net

movement

At

At 1.1.25

in funds

31.12.25

£

Unrestricted funds

General fund

130,270

(32,213

)

98,057

Restricted funds

Property fund

179,277

(5,273

)

174,004

TOTAL FUNDS

309,547

(37,486

)

272,061

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

150,065

(182,278

)

(32,213

)

Restricted funds

Property fund

-

(5,273

)

(5,273

)

TOTAL FUNDS

150,065

(187,551

)

(37,486

)

Comparatives for movement in funds

Net

movement

At

At 1.1.24

in funds

31.12.24

£

Unrestricted funds

General fund

105,923

24,347

130,270

Restricted funds

Property fund

184,550

(5,273

)

179,277

TOTAL FUNDS

290,473

19,074

309,547

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

183,276

(158,929

)

24,347

Restricted funds

Property fund

-

(5,273

)

(5,273

)

TOTAL FUNDS

183,276

(164,202

)

19,074

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.1.24

in funds

31.12.25

£

Unrestricted funds

General fund

105,923

(7,866

)

98,057

Restricted funds

Property fund

184,550

(10,546

)

174,004

TOTAL FUNDS

290,473

(18,412

)

272,061

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

333,341

(341,207

)

(7,866

)

Restricted funds

Property fund

-

(10,546

)

(10,546

)

TOTAL FUNDS

333,341

(351,753

)

(18,412

)

12.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.