REGISTERED CHARITY NUMBER: 1060525 Re rt of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for The Association of Radical Midwives Jon Dawson and Company Unit C17 Kestrel Business Centre Colwick Industrial Estate Nottingham NG4 2JR
The Association of Radical Midwives Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examinels Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements Detailed Statement of Financial Activities 10 to 11
The Association of Radical Midwives Report of the Trustees for the Year Ended 31 March 2025 The trustees present their report with the financial statements of the charity for the year endec 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordan with thE Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 Januar5 2019). STRUCTURE, GOVER Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporatec charity. ANCE AND MANAGEMENT REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1060525 Principal address Trustees A Browne C Hunter (resigned 31.5.24) M Jowitt (resigned 31.5.24) I Wallon V Brooks R Millar B Lucy (resigned 31.5.24) C Medhurst Mmay L Pazdera (appointed 5.12.24) B Dwek (appointed 5.12.24) L Buddingwood Independent Examiner Jon DaOn and Company Unit C17 Kestrel Business Centre Colwick Industrial Estate Nottingham NG4 2JR 11 p)ovemEf 2025 Approved by order of the board of trustees on .. and signed on its behalf by: A Browne - Trustee Page 1
Independent Examiner's Re ort to the Trustees of The Association of Radical Midwives Independent examinerfs report to the trustees of The Association of Radical Midwives I report to the charity trustees on my examination of the accounts of The Association of Radical Midwive< (the Trust) for the year ended 31 March 2025. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordanc with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and ir carrying out my examination I have followed all applicable Directions given by the Charity Commissior under Section 145(5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention ir connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable qUirementS concerning the form and content o. accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than an) requirement that the accounts give a true and fair view which is not a matter considered as part of ar independent examination. I have no concems and have come across no other matters in connection with the examination to whicF attention should be drawn in this report in order to enable a proper understanding of the accounts to bE reached. Jonathan Neil Dawson The Institute of Chartered Accountants in England and Wales Jon Dawson and Company Unit C17 Kestrel Business Centre Colwick Industrial Estate Nottingham NG4 2JR Date: .. l? ...NdJrfnEr 2$ Page 2
The Association of Radical Midwives statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 24,982 31,980 Charitable activities Providing education and promoting best practi 7,693 12,600 Other trading activrties Investment income 3,460 75 1,668 80 Total 36,210 46,328 EXPENDITURE ON Raising funds 27,743 28,680 Charitable activities Providing education and promoting best practice 19,802 24,619 Total 47,545 53,299 NET INCOMEI(EXPENDITURE) (11,335) (6,971) RECONCILIATION OF FUNDS Total funds brought forward 26,802 33,773 TOTAL FUNDS CARRIED FORWARD 15,467 26,802 The notes fonn part of these financial statements Page 3
The Association of Radical Midwives Balance Sheet 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes CURRENT ASSETS Stocks Cash at bank 1,456 14,911 2,300 25,402 16,367 27,702 CREDITORS Amounts falling due within one year (900) (900) NET CURRENT ASSETS 15,467 26,802 TOTAL ASSETS LESS CURRENT LIABILITIES 15,467 26,802 NET ASSETS 15,467 26,802 FUNDS Unrestricted funds 15,467 26,802 TOTAL FUNDS 15,467 26,802 The financial statements were approved by the Board of Trustees and authorised for issue or ..ki...NoVpfqh......'L*.... and were signed on its behalf by: A Browne - Trustee The notes form part of these financial statements Page 4
The Association of Radical Midwives Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have beer prepared in accordan with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordanc with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standarc applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statement< have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement tc the funds, it is probable that the income will be reiVed and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligatior committing the charity to that expenditure, it is probable that a transfer of economic benefits will required in settlement and the amount of the obligation can be measured reliably. Expenditure 1¢ accounted for on an accruals basis and has been classified under headings that aggregate all cos. related to the category. Where costs cannot be directly attributed to particular headings they havÉ been allocated to activities on a basis consistent with the use of resources. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance foi obsolete and slow moving items. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitsble objectives at the discretion of thE trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity Restrictions arise when specified by the donor or when funds are raised for particular restrictec purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financia statements. Page 5 continued...
The Association of Radical Midwives Notes to the Financial Statement_s - continued for the Year Ended 31 March 2025 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Shop income Other income 2,736 724 1,476 192 3,460 1,668 INVESTMENT INCOME 31.3.25 31.3.24 Deposit account interest 75 80 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for th year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year endec 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 31.980 Charitable activities Providing education and promoting best practice 12,600 Other trading activities Investment income 1,668 80 Totsl 46,328 EXPENDITURE ON Raising funds 28,680 Charitable activities Providing education and promoting best practice 24,619 Totsl 53,299 NET INCOMEI(EXPENDITUREI (6,971) Page 6 continued...
The Association of _Radical Midwives Notes to the Financial Statements - continued for the Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted fund RECONCILIATION OF FUNDS Totsl funds brought forward 33,773 TOTAL FUNDS CARRIED FORWARD 26,802 STOCKS 31.3.25 31.3.24 Finished goods 1,456 2,300 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other creditors 900 900 MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestricted funds General fund 26,802 (11,335) 15,467 TOTAL FUNDS 26,802 (11,335) 15,467 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fvnd 36,210 (47,545) (11,335) TOTAL FUNDS 36,210 (47,545) (11,335) Page 7 continued...
The Association of Radical Midwives Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 33,773 (6,971) 26,802 TOTAL FUNDS 33,773 (6,971) 26,802 Comparative net movement in funds, included in the above are as follows: Incoming resources ReSoUrS expended Movement in funds Unrestricted funds General fund 46,328 (53,299) (6,971) TOTAL FUNDS 46,328 (53,299) (6,971) A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 33,773 (18,306) 15,467 TOTAL FUNDS 33,773 (18,306) 15,467 A current year 12 months and prior year 12 months combined net movement in funds, included in thf above are as follows.. Incoming sources Resources expended Movement in funds Unrestricted fu nds General fund 82,538 (100,844) (18,306) TOTAL FUNDS 82,538 (100,844) (18,306) Page 8 continued...
The Association of Radical Midwives Notes to the Financial Statements - continued for the Year Ended 31 March 2025 RELATED PARTY DISCLOSURES During the year the following payments were made to trustees for services provided to the charity . 1 Payments of £5.400 (2024 £5.400) to one trustee for work as the editor of the charity's magazine 2 Payments of £2,700 each (2024 £750 each ) to two trustees for work on the charity's social medi accounts Page 9
The Association of Radical Midwives Detailed Statement of Financial Activities_ forthe Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Subscriptions 927 4,525 26,528 24,436 24,982 31,980 Other trading activities Shop income Other income 2,736 724 1,476 192 3,460 1,668 Invesknent income Deposit account interest 75 80 Charitsble activities Study and Retreat Annual conference income Other income 3,738 2,161 1,794 3,357 7,347 1,896 7,693 12,600 Total incoming resources 36,210 46,328 EXPENDITURE Raising donations and legacies Magazine editor 5,400 11,526 other trading activities Purchases Magazine printing and postage conferen expenses Social media costs 2,209 9,710 5,024 5,400 7,607 8,047 1,500 22,343 17,154 Charitsble activities Sundries Travel expenses Carried forward 2,239 2,501 496 2,997 2,239 This page does not form part of the statutory fi nancial statements Page 10
The Association of Radical Midwives Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 Charitable activities Brought forward National Coordinator payments Meeting expenses Theresa's fund Retreat expenses Afghan fund Donations 2,239 5,280 1,299 2,997 5.280 662 213 3,683 3,219 1,208 3,074 901 12,793 17,262 Support costs Management Insurance Sundries EMA membership fees 625 594 200 278 299 924 1,072 Finance Bank charges 919 819 Information tschnology Software costs 4,356 4,686 Governance costs Accountancy and legal fees 810 780 Total resources expended 47,545 53,299 Net expenditure (11,335) (6,971) This page does not form part of the statutory financial statements Page11