Merlin Neuro Therapy Centre Ltd

Registered charity 1093691 · accounts filings on the Charity Commission register · also known as MERLIN MS CENTRE LTD, THE CORNWALL MULTIPLE SCLEROSIS THERAPY CENTRE LTD, THE MERLIN PROJECT

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

Causes: General Charitable Purposes · The Advancement Of Health Or Saving Of Lives · Disability · website · Get email alerts

Latest income
£655k
Latest spending
£827k
Registered
2002
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months operating expenses (held: £322k)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity purchased items from a business controlled by trustee, M James, in the sum of £1,449 (2024: £nil).
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 5 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Merlin Neuro Therapy Centre LTD (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£655k
Total spending
£827k
Cost of raising funds
£162k
Reserves (reported)
£322k
Employees
20

Reported reserves equal ~4.7 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 24.7% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England17/02/2022£8kCOVID19 Return to Play
Sport England02/06/2020£5kCOVID-19 CEF
The National Lottery Community Fund09/04/2020£9kCOVID-19 Keep In Touch Project
The National Lottery Community Fund02/11/2018£10kCommunity Transport for Merlin MS Centre
The National Lottery Community Fund04/05/2016£10kNew build - two therapy rooms at Merlin MS Centre
The National Lottery Community Fund30/07/2014£8kdaily respite care programme for people with multiple sclerosis
Sport England05/04/2013£10kRENEW Fitness Programme
The National Lottery Community Fund06/10/2011£10kCore Renew Fitness Programme

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Ryan Neuro Therapy Centre.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Merlin Neuro Therapy Centre Ltd£655k—0above—no doubt
Ryan Neuro Therapy Centre FY2025£306k—0unclear—no doubt
Chilterns Neuro Centre Ltd FY2025£1.8m—1within—no doubt
BEDFORDSHIRE AND NORTHAMPTONSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED FY2024£532k—0below—no doubt
LEICESTERSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LIMITED FY2024£450k—0above—no doubt
WEST YORKSHIRE MS THERAPY CENTRE LIMITED FY2024£217k—0above0.5%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.