HERTFORDSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LTD
Provides therapies, support and advice to people anywhere in England, especially in Hertfordshire and surrounding counties, affected by Multiple Sclerosis or any other Neurological Condition or other symptoms or conditions. Therapies include Physiotherapy, Exercise, Hyperbaric Oxygen Therapy, Counselling, Massage, Yoga and Dietary advice.
Objects
1.1 TO AID AND IMPROVE FOR THE PUBLIC BENEFIT IN THE AREA OF BENEFIT THE CONDITION OF THOSE SUFFERING FROM MULTIPLE SCLEROSIS BY ANY LAWFUL MEANS INCLUDING ANY OF THE FOLLOWING MEANS:-(A) BY BRINGING TOGETHER PERSONS SUFFERING FROM MULTIPLE SCLEROSIS AND PERSONS INTERESTED IN MULTIPLE SCLEROSIS;(B) BY PROVIDING ADVICE, GUIDANCE AND MORAL AND PRACTICAL SUPPORT FOR PERSONS SUFFERING FROM MULTIPLE SCLEROSIS;(C) BY PROVIDING THERAPY (INCLUDING HYPERBARIC OXYGEN THERAPY) FOR PERSONS SUFFERING FROM MULTIPLE SCLEROSIS OR OTHER SYMPTOMS OR CONDITIONS.
Financial health, per its FY2024 accounts
The accounts state that the charity made an operating deficit of £76,593 in 2023 and a smaller deficit in 2024, though unrestricted reserves reached £638,523. The trustees note that the margin of facilities over requirements is not large and there is inherent uncertainty regarding the continuation of loan facilities. The charity is currently seeking new premises and expanding its oxygen therapy services to improve financial sustainability.
What the accounts disclose
“It is the policy of the charitable company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
“However, the margin of facilities over requirements is not large and, inherently there can be no certainty in relation to these matters. On this basis, the trustees consider it appropriate to prepare the accounts on the going concern basis.” — page 13
“During the year, the daughter of ane of the Trustees was employed by the charity. The total gross salary paid to them during the year was £1,965.” — page 17
“During the year, the daughter of ane of the Trustees was employed by the charity. The total gross salary paid to them during the year was £1,965.” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Andrew John Coulthard
- RICHARD HUGH WALTON GREENER
- Robert Burchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £96k | £136k |
| 31/12/2023 | £380k | £168k |
| 31/12/2022 | £130k | £144k |
| 31/12/2021 | £134k | £133k |
| 31/12/2020 | £110k | £137k |
Common questions
Is HERTFORDSHIRE MULTIPLE SCLEROSIS THERAPY CENTRE LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity made an operating deficit of £76,593 in 2023 and a smaller deficit in 2024, though unrestricted reserves reached £638,523. The trustees note that the margin of facilities over requirements is not large and there is inherent uncertainty regarding the continuation of loan facilities. The charity is currently seeking new premises and expanding its oxygen therapy services to improve financial sustainability. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/01/2017 | £10k | The Life Gym |
| The National Lottery Community Fund | 01/07/2015 | £10k | The Oxygen For Cancer Project |
| The National Lottery Community Fund | 23/10/2006 | £7k | promotional DVD & 5,000 3-fold promotional leaflets |