MS THERAPY CENTRE, NORFOLK LTD
Provision of a centre to provide therapies and help to those suffering from neurological conditions, particularly multiple sclerosis.
Financial health, per its FY2025 accounts
The accounts state that the charity holds negative free reserves of £40,214 and has incurred a net movement in funds of £2,271, resulting in total net liabilities of £68,495. Per the trustees' report, core running costs have exceeded core unrestricted income streams, leading to a deficit recovery plan focused on reducing operational overheads and securing new unrestricted income. The trustees maintain a going concern basis based on cash flow projections extending at least 12 months, despite liquidity being sustained by borrowings from related parties.
What the accounts disclose
“As set out in Note 2.2, these circumstances indicate the existence of a material uncertainty that may cast significant doubt on the Charity’s ability to continue as a going concern.” — page 9
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → material uncertainty (FY2025).
Property (HM Land Registry)
Trustees
- Bernard Elwenchair
- Graham Charles Ward
- Sheridin Bridewell
- Suzanne Carroll
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £130k | £128k |
| 31/10/2024 | £131k | £142k |
| 31/10/2023 | £110k | £145k |
| 31/10/2022 | £137k | £131k |
| 31/10/2021 | £117k | £142k |
Common questions
Is MS THERAPY CENTRE, NORFOLK LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds negative free reserves of £40,214 and has incurred a net movement in funds of £2,271, resulting in total net liabilities of £68,495. Per the trustees' report, core running costs have exceeded core unrestricted income streams, leading to a deficit recovery plan focused on reducing operational overheads and securing new unrestricted income. The trustees maintain a going concern basis based on cash flow projections extending at least 12 months, despite liquidity being sustained by borrowings from related parties. Its FY2025 accounts were independently examined.
Who funds MS THERAPY CENTRE, NORFOLK LTD?
Funders whose own accounts filings name MS THERAPY CENTRE, NORFOLK LTD as a grant recipient include NORTHAMPTONSHIRE COMMUNITY FOUNDATION, THE STRANGWARD TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | FY2025 | £3k | |
| THE STRANGWARD TRUST | FY2024 | £2k | |
| THE STRANGWARD TRUST | FY2023 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/06/2019 | £9k | Replacing current lights to LED |