Merlin Neuro Therapy Centre Ltd
A centre of excellence in Cornwall providing a range of expert care,support and therapies for those living with Multiple Sclerosis and other neurological conditions;and for their families and their friends
Financial health, per its FY2025 accounts
The accounts state that the charity generated an unrestricted surplus of £13,931 for the year, with free unrestricted reserves of £322,305. Per the trustees' report, this level of unrestricted funds is deemed sufficient to support operations through 2026 and meets the stated policy of maintaining three months of operating expenses. The charity also holds restricted funds of £171,214 and an endowment fund of £150,000.
What the accounts disclose
“It is the Charity’s reserves policy to maintain 3 months operating expenses to help ensure its financial position is not unduly compromised.” — page 10
“The charity purchased items from a business controlled by trustee, M James, in the sum of £1,449 (2024: £nil). The charity received donations amounting to £6,602 (2024: £3,175) from related parties.” — page 45
Corporate structure
- Registered company of the charity Companies House 04460611
Company officers (Companies House)
- HARLAND, Katie on trustee list
- HICKS, Steven Mark on trustee list
- FOSTER, Rachel Victoria on trustee list
- PHILLIPS, Tracey Elizabeth on trustee list
- WARD, Michael Allan on trustee list
- SNEDDON, Thomas not on trustee list
- CAMPBELL, Emma Jane, Dr on trustee list
- JAMES, Michael Ernest Frank on trustee list
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Tom Sneddonchair
- Dr Emma Campbell
- Katie Harland
- Michael Allan Ward
- Michael James
- Rachel Foster
- Steven Mark Hicks
- Tracey Phillips
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £655k | £827k |
| 31/12/2024 | £1.1m | £707k |
| 31/12/2023 | £531k | £677k |
| 31/12/2022 | £685k | £578k |
| 31/12/2021 | £749k | £456k |
Common questions
Is Merlin Neuro Therapy Centre Ltd financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an unrestricted surplus of £13,931 for the year, with free unrestricted reserves of £322,305. Per the trustees' report, this level of unrestricted funds is deemed sufficient to support operations through 2026 and meets the stated policy of maintaining three months of operating expenses. The charity also holds restricted funds of £171,214 and an endowment fund of £150,000. Its FY2025 accounts were audited by TC Group.
Who funds Merlin Neuro Therapy Centre Ltd?
Funders whose own accounts filings name Merlin Neuro Therapy Centre Ltd as a grant recipient include THE ELWYN THOMAS MEMORIAL FUND, THE BAND TRUST, THE CLARE MILNE TRUST, THE EDWARD GOSTLING FOUNDATION, DUCHY HEALTH CHARITY LIMITED.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 17/02/2022 | £8k | COVID19 Return to Play |
| Sport England | 02/06/2020 | £5k | COVID-19 CEF |
| The National Lottery Community Fund | 09/04/2020 | £9k | COVID-19 Keep In Touch Project |
| The National Lottery Community Fund | 02/11/2018 | £10k | Community Transport for Merlin MS Centre |
| The National Lottery Community Fund | 04/05/2016 | £10k | New build - two therapy rooms at Merlin MS Centre |
| The National Lottery Community Fund | 30/07/2014 | £8k | daily respite care programme for people with multiple sclerosis |
| Sport England | 05/04/2013 | £10k | RENEW Fitness Programme |
| The National Lottery Community Fund | 06/10/2011 | £10k | Core Renew Fitness Programme |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE STRANGWARD TRUST | 2 | £7k |
| DORIS FIELD CHARITABLE TRUST | 2 | £2k |
| THE REED FOUNDATION | 1 | — |
| MOTABILITY | 1 | £85k |
| THE HARPUR TRUST | 1 | £32k |
| THE BARBOUR FOUNDATION | 1 | £26k |
| THE COMMUNITY FOUNDATION FOR WILTSHIRE & SWINDON | 1 | £25k |
| MOONDANCE FOUNDATION | 1 | £25k |
Charities like this
- Ryan Neuro Therapy Centre
- Chilterns Neuro Centre Ltd
- BEDFORDSHIRE AND NORTHAMPTONSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED
- LEICESTERSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED
- WEST YORKSHIRE MS THERAPY CENTRE LIMITED
- MULTIPLE SCLEROSIS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Merlin Neuro Therapy Centre Ltd | £655k | — | 0 | above | — | no doubt |
| Ryan Neuro Therapy Centre | £306k | — | 0 | unclear | — | no doubt |
| Chilterns Neuro Centre Ltd | £1.8m | — | 1 | within | — | no doubt |
| BEDFORDSHIRE AND NORTHAMPTONSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED | £532k | — | 0 | below | — | no doubt |
| LEICESTERSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED | £450k | — | 0 | above | — | no doubt |
| WEST YORKSHIRE MS THERAPY CENTRE LIMITED | £217k | — | 0 | above | 0.5% | no doubt |