2022-03-31-accounts

Trusteesandadvisors
Trustees’report
IndependentAuditor'sreport	11-14
Consolidatedstatementoffinancialactivities
Balancesheet
Consolidatedstatementofcashflows
Notestothefinancialstatements	18-39

4 October 2022

Fortheyearended31March2022	Unrestricted Restricted Total Unrestricted Restricted Total	Notes funds funds 2022 funds funds 2021	£ £ £ £ E £	Incomefrom:	Donations 2 5,922,536 941,259 6,863,795 6,137,766 714,894 6,852,660	Othertradingactivities 1,806,082 - 1,806,082 52,374 - 52,374 om	Investments 4 2,884 56 2,940 26,752 810 27,562	CoronavirusJobRetention	SchemeGrant - - - 48,739 - 48,739	Totalincome 7,731,502 941,315 8,672,817 6,265,631 715,704 6,981,335	Expenditureon:	Raisingfunds 7,8 3,716,852 = 3,716,852 1,639,121 - 1,639,121	Charitableactivities 7,8 3,120,951 994,940 4,115,891 2,879,700 1,069,817 3,949,517	Totalexpenditure 6,837,803 994,940 7,832,743 4,518,821 1,069,817 5,588,638	Netmovementinfundsfortheyear 893,699 (53,625) 840,074 1,746,810 (354,113) 1,392,697	Reconciliationoffunds	Fundbalancesbroughtforward 6,219,605 348,130 6,567,735 4,472,795 702,243 5,175,038	Fundbalancescarriedforward 18 7,113,304 294,505 7,407,809 6,219,605 348,130 6,567,735	Allresultshave beenderivedfromcontinuingactivities. Therewerenootherrecognisedgainsorlossesotherthanthosestatedabove.	Theaccompanyingnotesonpages18-39formanintegralpartofthefinancialstatements.Movements infundsaredisclosed inNote18tothe

		Group	Group	Charity
	Notes	2022	2021	2022	2021
		£	£	£	£
Fixedassets
Intangibleassets	13	257,542	236,535	230,066	220,659
Tangibleassets	14	184,622	134,783	184,622	134,783
Investments	15	-"	-	3	3
		442,164	371,318	414,691	355,445
Currentassets
Debtors	16	1,315,836	684,122	3,391,175	2,442,501
Shorttermdeposits		8,604,156	8,593,851	8,604,156	8,593,851
Cashatbankandinhand		4,004,427	3,225,844	943,951	1,193,625
		13,924,419	12,503,817	12,939,282	12,229,976
Creditors: amounts
fallingduewithinoneyear	17	(6,958,774)	(6,307,400)	(5,450,997)	(5,108,766)
Netcurrentassets		6,965,645	6,196,417	7,488,285	7,121,210
Totalnetassets		7,407,809	6,567,735	7,902,976	7,476,655
Funds	18
Restrictedfunds		294,505	348,130	294,505	348,130
Unrestrictedfunds		7,113,304	6,219,605	7,608,471	7,128,525
Funds		7,407,809	6,567,735	7,902,976	7,476,655

	Notes	2022	2021
Cashflowsfromoperatingactivities:
Netcashprovidedbyoperatingactivities	23	1,010,510	986,673
Cashflowsfrominvestingactivities:
Interestincome		2,940	27,562
Purchaseoftangibleandintangiblefixedassets		(224,562)	(242,679)
Netcash(usedin)investingactivities		(221,622)	(215,117)
Changeincashand cashequivalentsintheyear		788,888	771,556
Cashandcashequivalentsatthebeginningoftheyear	24	11,819,695	11,048,139
Totalcashandcashequivalentsattheendofthe year	24	12,608,583	11,819,695

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds	2022	funds	funds	2021
	£	£	£	£	£	£
Gifts	5,424,724	941,259	6,365,983	2,621,087	714,894	3,335,981
Legacies				3,000,000		3,000,000
Donated
services	497,812		497,812	516,679		516,679
Total	5,922,536	941,259	6,863,795	6,137,766	714,894	6,852,660
Income	earnedfromtradingactivities
	Unrestricted	Restricted		Unrestricted	Restricted
	funds	funds		funds	funds
	£	£			£
Corporate
sponsorship
and
promotions	148,533	a	148,533
Events	1,657,549	-	1,657,549
Total	1,806,082	-	1,806,082

	2022	2021
	£	£
Coregrants:
-MaternalandFetalResearchUnit,StMary’sHospital,Manchester	458,000	400,000
-Tommy'sNationalCentreforMiscarriageResearch	500,000	500,000
-Tommy'sNationalCentreforMaternityImprovement	500,000	500,000
-Biobank,RoyalInfirmary,Edinburgh	20,000	-
-Biobank,StThomas’Hospital,London	20,000	-
-Previousyearsgrants(notfullytakenup)	(567,574)	(28,230)
	930,426	1,371,770
Non-coregrants:
-Fetalmonitoringvestresearch,StMary'sHospital,Manchester	-	49,799
-PARROTstudy,StThomas’Hospital,London	122,640	61,995
-Ursodeoxycholicacidresearch,StThomas’Hospital,London	100,000	-
-QualityImprovementproject,UniversityofEdinburgh,Scotland	-	19,340
-DiabetesFellowshipClinic,StThomas’Hospital,London	59,272	-
-DCMSTamponTaxFundMiscarriageTool,Tommy'sNational
CentreforMaternityImprovement	59,606	-
Otherresearchcosts	7,236	-
	1,279,180	1,502,904
Outstandinggrantsat1stApril2021	3,333,360	4,034,526
Grantsawardedduringtheyear	930,426	1,371,770
Paidduringtheyear	(1,446,722)	(2,072,936)
Outstandinggrantsat31March2022fallingduewithinoneyear	2,817,064	3,333,360

Expenditureoneducation,informationandpolicy
	2022	2021
	£	£
Pregnancyaccreditation	131,638	88,772
Generalhealthinformationprovision	290,033	193,989
Midwifepregnancyhelpline	104,808	72,649
Publicrelations,causeawarenessandcampaigns	855,332	662,956
Policy	150,614	-
Websiteandtechdevelopment	409,125	531,964
Supporterenewsletterandchannels	118,001	68,452
Advertisingandmedia	600,686	599,790
	2,660,237	2,248,572

Analysisofexpenditure
			Allocated
			support&
		Direct	governance	Total
	Staffcosts	costs	costs	2022
	£	£	£	£
Costofraisingfunds
Donationsand legacies	526,113	1,144,234	266,933	1,937,280
Corporatesponsorship,promotions
andevents	480,868	1,071,583	227,121	1,779,572
	1,006,981	2,215,817	494,054	3,716,852
Charitableexpenditure
Medicalresearch	139,937	1,264,362	51,355	1,455,654
Education,informationandpolicy	1,041,469	1,169,520	449,248	2,660,237
	1,181,406	2,433,882	500,603	4,115,891
Total	2,188,387	4,649,699	994,657	7,832,743

			Allocated
			support&
		Direct	governance
	Staffcosts	costs	costs
	£	£	£
Costofraisingfunds
Donationsandlegacies	525,469	243,794	220,885	990,148
Corporatesponsorship,promotions andevents	435,976	35,299	177,698	648,973
	961,445	279,093	398,583	1,639,121
Charitableexpenditure Medicalresearch	153,126	1,507,021	40,797	1,700,944
Education,informationandpolicy	970,421	943,415	334,737	2,248,573
	1,123,547	2,450,436	375,534	3,949,517
Total	2,084,992	2,729,529	774,117	5,588,638

			Office
	Information	Human	operating	Governance	Total
	technology	resources	costs	costs	2022
	£	£	£	£	£
Costofraisingfunds
Donationsandlegacies	62,234	32,211	163,538	8,950	266,933
Corporatesponsorship, promotionsandevents	52,952	27,407	139,147	7,615	227,121
	115,186	59,618	302,685	16,565	494,054
Charitableexpenditure Medicalresearch	11,973	6,197	31,463	1,722	51,355
Education,information andpolicy	104,740	54,212	275,234	15,062	449,248
	116,713	60,409	306,697	16,784	500,603
Total	231,899	120,027	609,382	33,349	994,657

			Office
	Information	Human	operating	Governance	Total
	technology	resources	costs	costs	2021
	£	£	£	£	£
Costofraisingfunds
Donationsandlegacies	52,984	21,555	135,954	10,392	220,885
Corporatesponsorship,
promotionsandevents	42,625	17,341	109,372	8,360	177,698
	95,609	38,896	245,326	18,752	398,583
Charitableexpenditure
Medicalresearch	9,786	3,981	25,111	1,919	40,797
Education,information
andpolicy	80,294	32,666	206,029	15,748	334,737
	90,080	36,647	231,140	17,667	375,534
Total	185,689	75,543	476,466	36,419	774,117

9	Netincome
	Netincomeisstatedaftercharging:	2022	2021
		£	£
	Auditor'sremuneration
	-auditfees	27,440	24,000
	-underaccrualofprioryear'sauditfees	280	11,270
	-non-auditfees	5,080	4,800
	Depreciationandamortisationcharge	153,716	121,197
	Operatingleaserentals	304,692	229,048

10 Groupstaffcosts	2022	2021
	£	£
Salariesandwages	1,773,347	1,657,818
Socialsecuritycosts	150,681	155,340
Pensioncosts	79,923	72,363
Temporarystaffandvolunteercosts	184,435	199,471
	2,188,386	2,084,992

					2022	2021
					Number	Number
Withinthe	rangeof	£130,000	to	£139,999	1		1
Withinthe	rangeof	£80,000	to	£89,999	1
Withinthe	rangeof	£70,000	to	£79,999	1		2
Withinthe	rangeof	£60,000	to	£69,999	1		1
					4

	2022	2021
	Number	Number
Charitableactivities	16	15
Costofgeneratingfunds	22	21
ManagementandadministrationoftheCharity	8	7
	46	43

l	owsf	oreac	hof	thefollow	ing	period	swi	thregardstoprope	rty:
									2022	2021
									£	£
-	Less	than	one	year					35,668	147,504
-	More	than	one	yearand	less	than	five	years	-	35,668
									35,668	183,172

13 Intangiblefixedassets
Softwareandwebsite	Group	Charity
	£	£
Cost
1April2021	290,865	257,237
Additions	100,287	75,387
31March2022	391,152	332,624
Depreciation
1April2021	54,330	36,578
Chargefortheyear	79,280	65,980
31March2022	133,610	102,558
Netbookvalue
1April2021	236,535	220,659
31March2022	257,542	230,066

14 Tangiblefixedassets
Officeequipment						Group		Charity
						E		£
Cost
1April2021						469,143		469,143
Additions						124,275		124,275
Disposals						(158,006)		(158,006)
31March2022						435,412		435,412
Depreciation
1April2021						334,360		334,360
Chargefortheyear						74,436		74,436
Disposals						(158,006)		(158,006)
31March2022						250,790		250,790
Netbookvalue
1April2021						134,783		134,783
31March2022						184,622		184,622
15 Fixedassetinvestments
TheCharityownsthewholeof	theissued	sharecapitalof		£2inTheBabyFundTradingLimited,
acompanyincorporated inthe	UK.Thiscompanywasformedtocarryonthetrading							activities
oftheCharityandprofitsare	covenanted	totheCharity.		Theresults		ofthetrading		subsidiary
areshowninnote20.
TheCharityownsthewhole	oftheissuedsharecapital			of£1 in	LLHMLimited,		a	company
incorporatedintheUK.Thiscompanywasformedtohold				theLondon		LandmarksHalf		Marathon
andotherfundraisingeventsthattheCharitymayseek			to	developin		thefuture,and	profitsare
covenantedtotheCharity.The	resultsof	thetradingsubsidiaryareshowninnote21.
16 Debtors
Tradedebtors Taxationrecoverable Amountsowedbysubsidiarycompanies Prepaymentsandaccruedincome		Group ==Charity 2022 2021 2022 2021 £ £ £ £ 126,135 23,351 2,625 - 13,803 15,661 13,803 15,661 - 2,434,802 1,622,630 1,175,898 645,110 939,945 804,210
		1,315,836		684,122		3,391,175		2,442,501

	Group	Group	_ ~~ Charity =	_ ~~ Charity =
	2022	2021	2022	2021
	£	£	£	£
Tradecreditors	875,285	438,361	1,169,506	430,851
VATpayable	10,876	904	10,876	904
Medicalgrantsoutstanding	2,817,064	3,333,360	2,817,064	3,333,360
Deferredincome	2,676,360	2,186,803	887,881	1,022,066
Accrualsandothercreditors	579,189	347,972	565,670	321,585
	6,958,774	6,307,400	5,450,997	5,108,766
Deferredincomeat1stApril2021	2,186,803	737,577	1,022,066	737,577
Amountreleasedtoincomeintheyear	(2,048,594)	(618,235)	(1,022,066)	(737,577)
Incomereceivedduringtheyear	9,162,374	8,430,561	7,044,087	7,749,261
Amountreleasedtoincomeintheyear	(6,624,223)	(6,363,100)	(6,156,206)	(6,727,195)
Deferredincomeat31March2022	2,676,360	2,186,803	887,881	1,022,066

18 Consolidatedstatementoffunds	18 Consolidatedstatementoffunds
	Balance				Balance
	31March			Allocated	31March
	2021	Income	Expenditure	interest	2022
	£	£	£	£	£
Unrestrictedfunds
Generalfunds	6,219,605	7,728,618	(6,837,803)	2,884	7,113,304
Restrictedfunds
MaternalandFetal
ResearchUnit,Manchester	87,275	108,039	(101,068)	16	94,262
MaternalandFetal
ResearchUnit,Edinburgh	-	2,000	(2,000)	-	-
MaternalandFetal
ResearchUnit,London	-	281,912	(281,912)	-	=
NationalCentrefor
MiscarriageResearch	-	175,203	-	35	175,238
NationalCentrefor
MaternityImprovement	125,559	145,000	(255,559)	3	15,003
DCMSTamponTaxFund,
NationalCentrefor
MaternityImprovement	-	59,606	(59,606)	-	-
NewResearchCentre—
PretermBirth	-	10,000	-	2	10,002
InformationServices	135,296	159,499	(294,795)	-	-
Totalrestrictedfunds	348,130	941,259	(994,940)	56	294,505
Totalfunds	6,567,735	8,669,877	(7,832,743)	2,940	7,407,809

	Balance				Balance
	31March			Allocated	31March
	2020	Income	Expenditure	interest	2021
	£	£	£	£	£
Unrestrictedfunds
Generalfunds	4,472,795	6,238,879	(4,518,821)	26,752	6,219,605
Restrictedfunds
MaternalandFetal ResearchUnit,Manchester	172,002	43,818	(128,748)	203	87,275
MaternalandFetal ResearchUnit,Edinburgh		19,512	(19,512)	-
MaternalandFetal ResearchUnit,London	15,110	117,295	(132,405)	-
NationalCentrefor MiscarriageResearch	120,305	14,209	(134,514)	-
NationalCentrefor MaternityImprovement	358,917	142,000	(375,650)	292	125,559
ScottishGovernmentgrant -Qualityimprovement		19,340	(19,340)	.
DepartmentofHealthand
SocialCaregrant- PregnancyHub Informationservices	35,909	181,000 177,720	(181,000) (78,648)	- 315	135,296
Totalrestrictedfunds	702,243	714,894	(1,069,817)	810	348,130
Totalfunds	5,175,038	6,953,773	(5,588,638)	27,562	6,567,735

	Balance				Balance
	31March			Allocated	31March
	2021	Income	Expenditure	interest	2022
	£	£	£	£	£
Unrestrictedfunds Generalfunds	7,128,525	6,234,278	(5,757,010)	2,678	7,608,471
Restrictedfunds
MaternalandFetal ResearchUnit,Manchester	87,275	108,039	(101,068)	16	94,262
MaternalandFetal ResearchUnit,Edinburgh		2,000	(2,000)
MaternalandFetal ResearchUnit,London		281,912	(281,912)
NationalCentrefor
MiscarriageResearch		175,203			175,238
NationalCentrefor MaternityImprovement	125,559	145,000	(255,559)		15,003
DCMSTamponTaxFund,
NationalCentrefor MaternityImprovement		59,606	(59,606)
NewResearchCentre- PretermBirth Informationservices	135,296	10,000 159,499	(294,795)		10,002
Totalrestrictedfunds	348,130	941,259	(994,940)		294,505
Totalfunds	7,476,655	7,175,537	(6,751,950)	2,734	7,902,976

	Balance				Balance
	31March			Allocated	31March
	2020	Income	Expenditure	interest	2021
	£	£	£	£	£
Unrestrictedfunds
Generalfunds	4,840,431	6,723,201	(4,460,973)	25,866	7,128,525
Restrictedfunds
MaternalandFetalResearch
Unit,Manchester	172,002	43,818	(128,748)	203	87,275
MaternalandFetalResearch
Unit,Edinburgh	-	19,512	(19,512)	u	-
MaternalandFetalResearch
Unit,London	15,110	117,295	(132,405)	-	-
NationalCentrefor
MiscarriageResearch	120,305	14,209	(134,514)	-	-
NationalCentreforMaternity
Improvement	358,917	142,000	(375,650)	292	125,559
ScottishGovernmentgrant-
Qualityimprovement	“	19,340	(19,340)	-	-
DepartmentofHealthand
SocialCaregrant-
PregnancyHub	-	181,000	(181,000)	-	”
Informationservices	35,909	177,720	(78,648)	315	135,296
Totalrestrictedfunds	702,243	714,894	(1,069,817)	810	348,130
Totalfunds	5,542,674	7,438,095	(5,530,790)	26,676	7,476,655

	2022	2021
	£	£
Turnover	147,014	31,921
Costofsales	(109,706)	(4,842)
Grossprofit	37,308	27,079
Interestreceivable	80	134
Administrationcosts	(58,895)	(16,463)
(Loss)/Profitfortheyear	(21,507)	10,750
Retainedearnings
At1 April2021	-	-
Resultsfortheyear	(21,507)	10,750
DistributiontoTommy's	-	(10,750)
At31March2022	(21,507)	-
Balancesheet
Non-currentassets	23,039	7,000
Currentassets	955,098	737,302
Currentliabilities	(999,642)	(744,300)
Netassets	(21,505)	2
Calledupsharecapital	2	2
Retainedearnings	(21,507)	-
Equityshareholders’funds	(21,505)	2

21 Subsidiarycompany:	LLHMLimited	LLHMLimited	LLHMLimited
Thestatementoffinancialactivities		and	theconsolidated		balancesheetinclude			the results,
assets and liabilities ofthe	Charity’s	whollyowned		subsidiary, LLHM Limited				(acompany
registeredinEnglandandWales,registrationnumber				10584979,registeredat		NicholasHouse,3
LaurencePountneyHill,London,EC4R		0BB),whichdevelops			andorganisesfundraisingevents
onbehalfofTommy's.Theresultsof		the	subsidiary,	which	areconsolidated	on	a	linebyline
basis,are:
					2022			2021
					£			£
Turnover					2,000,226			20,453
Costofsales					(691,271)			(15,134)
Grossprofit Interestreceivable					1,308,955 126			5,319 752
Administrationcosts					(873,824)			(547,356)
Profit/(Loss)onordinaryactivitiesbefore			taxation		435,257			(541,285)
Taxationonordinaryactivities
Profit/(Loss)forthefinancial	year				435,257			(541,285)
Retainedearnings At1 April2021 Resultsfortheyear					(908,919) 435,257			(367,634) (541,285)
At31March2022					(473,661)			(908,919)
Balancesheet Non-currentassets Currentassets Currentliabilities					4,438 3,318,017 (3,796,116)			8,876 1,483,170 (2,400,964)
Netliabilities					(473,661)			(908,918)
Calledupsharecapital Profitandlossaccount					(473,662)	1		(908,919)	1
Equityshareholders’funds					(473,661)			(908,918)

	2022	2021
	£	£
Netmovementinfunds	840,074	1,392,697
Addbackdepreciationandamortisationcharge	153,716	121,197
Deductinterestincomeshownininvestingactivities	(2,940)	(27,562)
(Increase)/Decreaseindebtors	(631,714)	96,861
Increase/(Decrease)increditors	651,374	(596,520)
Netcashusedinoperatingactivities	1,010,510	986,673

Shorttermdeposit Cashatbankandinhand	2022 £ 8,604,156 4,004,427	2021 £ 8,593,851 3,225,844
Totalcashand cashequivalents	12,608,583	11,819,695
	2022	2021
	£	£
Cashandcashequivalentsat1 April2021	11,819,695	11,048,139
Movement	788,888	771,556
Cashandcashequivalentsat31March2022	12,608,583	11,819,695

		Unrestricted	Restricted	Total
		funds	funds	2022
		£	£	£
Fixed Cash Other	assets atbankandinhand netcurrentliabilities	442,164 12,314,078 (5,642,938)	294,505	442,164 12,608,583 (5,642,938)
Total		7,113,304	294,505	7,407,809

		Unrestricted	Restricted	Total
		funds	funds	2021
		£	£	£
Fixed	assets	371,318		371,318
Cash	atbankandinhand	11,471,565	348,130	11,819,695
Other	netcurrentliabilities	(5,623,278)		(5,623,278)
Total		6,219,605	348,130	6,567,735

	Unrestricted	Restricted	Total
	funds	funds	2022
	£	£	£
Fixedassets	414,691		414,691
Cashatbankandinhand	9,253,602	294,505	9,548,107
Othernetcurrentliabilities	(2,059,822)		(2,059,822)
Total	7,608,471	294,505	7,902,976
nalysisofCharitynetassetsbetween	funds— previousyear
	Unrestricted	Restricted	Total
	funds	funds	2021
	£	£	£
Fixedassets	355,445		355,445
Cashatbankandinhand	9,439,345	348,130	9,787,475
Othernetcurrentliabilities	(2,666,265)		(2,666,265)
Total	7,128,525	348,130	7,476,655