Merlin Neuro Therapy Centre Ltd

Charity number: 1093691
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

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

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£531,017

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Donations and legacies £157.57k
Charitable activities £177.33k
Other trading activities £185.30k
Investments £5.72k
Other £5.10k

Total expenditure:
£676,628

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Raising funds £78.81k
Charitable activities £597.82k
Other £0

-£23,149 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £78.81k
Charitable expenditure £597.82k

People

14 Employee(s)

8 Trustee(s)

60 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • Disability
Who the charity helps:
  • Children/young People
  • People With Disabilities
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Cornwall

Governance

Registration history:
  • 04 September 2002: Standard registration
Organisation type:
Charitable company
Other names:
  • THE MERLIN PROJECT (Working name)
  • MERLIN MS CENTRE LTD (Previous name)
  • THE CORNWALL MULTIPLE SCLEROSIS THERAPY CENTRE LTD (Previous name)
Company number:
04460611 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management 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
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Tom Sneddon Chair 15 August 2019
None on record
Steven Mark Hicks Trustee 02 December 2024
None on record
Rachel Foster Trustee 01 February 2024
None on record
Antoinette McLean Trustee 01 February 2024
None on record
Tracey Phillips Trustee 01 February 2024
HAYLE PILOT GIG ROWING CLUB CIO
Received: On time
Michael Allan Ward Trustee 24 October 2020
None on record
Dr Emma Campbell Trustee 07 January 2014
None on record
Michael James Trustee 19 September 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £588.43k £579.78k £748.65k £684.76k £531.02k
Total expenditure £724.86k £459.37k £455.82k £577.98k £676.63k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £49.52k £27.11k £8.01k N/A
Income - Donations and legacies £220.67k £445.73k £567.80k £329.36k £157.57k
Income - Other trading activities £180.97k £68.07k £90.49k £175.51k £185.30k
Income - Charitable activities £183.83k £65.96k £90.35k £155.23k £177.33k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £59 £17 £4 £6.20k £5.72k
Income - Other £2.91k £3.61k £0 £18.47k £5.10k
Income - Legacies £25.38k £8.11k £410.75k £51.33k £0
Expenditure - Charitable activities £549.27k £375.29k £397.71k £503.71k £597.82k
Expenditure - Raising funds £175.59k £84.08k £58.12k £74.27k £78.81k
Expenditure - Governance £0 £0 £11.29k £11.00k £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £2.88m £2.86m £2.83m £2.80m £2.89m
Long-term investments £0 £61.30k £67.60k £69.80k £0
Other assets £121.28k £201.80k £305.73k £458.88k £273.08k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £242.50k £232.98k £17.39k £31.79k £41.23k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 28 August 2024 On time
Accounts and TAR 31 December 2023 28 August 2024 On time Download Open in new window
Annual return 31 December 2022 31 October 2023 On time
Accounts and TAR 31 December 2022 31 October 2023 On time Download Open in new window
Annual return 31 December 2021 06 October 2022 On time
Accounts and TAR 31 December 2021 06 October 2022 On time Download Open in new window
Annual return 31 December 2020 14 October 2021 On time
Accounts and TAR 31 December 2020 14 October 2021 On time Download Open in new window
Annual return 31 December 2019 31 October 2020 On time
Accounts and TAR 31 December 2019 31 October 2020 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 13/06/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 10/08/2002 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 25/07/2013 as amended on 23 Aug 2022 as amended on 28 Jul 2023

Charitable objects

The objects of the Charity are to relieve sickness and to preserve and protect the physical and mental health of individuals with neurological conditions (including but not limited to multiple sclerosis), and people with neurodiversity, in such ways as the trustees think fit, in particular but not exclusively by the provision of assessments and therapies, advice, guidance, counselling, and other support services and facilities delivered at a purpose-built Centre in Cornwall and at other appropriate settings, and by using digital platforms.

Area of benefit

The area the charity can operate in, as set out in its governing document.

CORNWALL

Contact information

Address:
Merlin Neuro Therapy Centre
Bradbury House
Hewas Water
ST. AUSTELL
PL26 7JF
Phone:
01726885530
Email:
manager@merlincentre.org.uk
Website:

www.merlincentre.org.uk Open in new window