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2022-03-31-accounts

MARGARET PYKE TRUST

COMPANY LIMITED BY GUARANTEE

Registered company no. 03438741 Registered charity no. 1064672

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2022

MARGARET PYKE TRUST

(A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022

CONTENTS

Reference and administrative information 1
Trustees' annual report 2
Independent auditor's report 21
Statement of financial activities 25
Balance sheet 26
Statement of cash flows 27
Notes to the financial statements 28

MARGARET PYKE TRUST

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS

FOR THE PERIOD ENDED 31 MARCH 2022

Registered name Margaret Pyke Trust
Company number 03438741
Charity number 1064672
Registered office The Archway Centre
681-689 Holloway Road
London, N19 5SE
Trustees Ruth McNeil (Chair of Trustees)
Anthony Burrell (died 2 March 2022)
Sophie Copeman
Amanda Kamin
Anne-Sophie Lendrevie (resigned 4 July 2022)
Professor Susannah Mayhew
Patrick Salaun
Professor Judith Stephenson
Chief executive officer David Johnson
Company secretary Nataliya Cuttell
Independent auditor Knox Cropper LLP
65 Leadenhall Street
London, EC3A 2AD
Bankers CAF Bank Limited
25 Kings Hill Avenue
Kings Hill, West Mailing
Kent, ME19 4JQ
Investment managers Schroder & Co. Limited, trading as Cazenove Capital
1 London Wall Place
London, EC2Y 5AU

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE PERIOD ENDED 31 MARCH 2022

The Trustees present their annual report and financial statements for the 1 March 2021 to 31 March 2022 period. During the reporting period, the Trustees changed the Trust’s financial year-end from 28 February to 31 March, so this report covers a 13-month period. The financial statements have been prepared in accordance with the accounting policies set out in note 1 of the accounts. They comply with the charity’s governing document, the Charities Act 2011, and the Accounting and Reporting by Charities: Statement of Recommended Practice (“ SORP ”), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland as published on 16 July 2014.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution and governing document

The Margaret Pyke Trust (the “ Trust ”) is a registered charity, number 1064672, and is constituted under Articles of Association, passed by special resolution on 4 February 2020. The Trust has been a pioneering charity in sexual and reproductive health for over half a century, having taken over the undertaking of the previous Margaret Pyke Memorial Trust (registered charity number 1041742) on 1 January 1998.

The governance of the Trust is the responsibility of the Board of Trustees. Day to day management is delegated to the Trust’s Chief Executive, who draws on the support and expertise of the Trustees, and a number of specialist sexual and reproductive health clinicians, demographers and other consultants.

Method of appointment or election of the Board of Trustees

Trustees are elected under the terms of the Articles of Association. The Trust has a Board of six eminent Trustees.

In deeply sad news, in March 2022, the Trust’s energetic, knowledgeable, strategic and successful Chair, Anthony Burrell, died. Anthony’s great grandmother, Lady Denman, was one of the founders of the Family Planning Association, and Margaret Pyke was Anthony’s father’s godmother. Among the many losses that have resulted from Anthony’s death is the ending of the 53-year period when the Trust had a familial connection with Margaret Pyke. The greater loss, however, is the loss of such a popular and important member of the team. Shortly after Anthony’s death, Ruth McNeil was appointed Chair and Sophie Copeman appointed as Vice-Chair.

In further sad news, the Trust’s Patron, Martha Campbell, also died in the reporting period. In the 1990s Martha directed the Packard Foundation’s population and reproductive rights programme. In 2000, she created Venture Strategies, which for over two decades has championed the removal of barriers to family planning and today has a particular focus on the Sahel. Martha, a long-time lecturer at Berkeley, was exceptionally widely published, including the first comprehensive review of barriers

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

to family planning. She was also a trustee of World Health Partners in New Delhi, and the African Institute for Development Policy in Nairobi.

No other person or external body is entitled to appoint any Trustees. The Trustees who served during the period and after the period-end are shown on page 1.

Policies adopted for the induction and training of the Board of Trustees

The Chair and Chief Executive are primarily responsible for briefing new members of the Board of Trustees. As part of the induction process for new Trustees, such new Trustees are briefed on: (a) the history, values and ethos of the Trust; (b) all existing policies of the Trust; (c) the Trust’s existing and planned programmatic and advocacy actions; and (d) the Trust’s strategic plan.

Related party relationships

The Trust has considered the disclosure requirements of the SORP for related party relationships. The Trust has no related party connections with other organisations. The Trustees consider the members of the Board of Trustees and their close connections to be the Trust’s only related parties. All Trustees give their time voluntarily and receive no benefits from the Trust of any kind. No expenses were claimed from the Trust by any Trustees in the reporting period.

Trustees are required to disclose all relevant interests and register them with the Chair of Trustees and to withdraw from decisions where a conflict of interest arises.

Remuneration policy for key management personnel

Staff remuneration is reviewed annually. The Trustees review the remuneration of key management personnel, and draw on their knowledge of the sector, the formal appraisal process, and common practice in other charities of similar size, to ensure that the remuneration set is fair and not out of line with that generally paid for similar roles.

Risk management

The Board of Trustees fully accepts its responsibilities for ensuring that the major risks to which the Trust is exposed are identified, and that there are systems and procedures in place to minimise and manage those risks. The Board of Trustees considers whether the Trust is exposed to additional or differing levels of risk at every Board meeting. The Trust’s suite of policies was extensively reviewed and enhanced in the reporting period. New policies were developed and finalised on: Conflicts of interest; Diversity, equity and inclusion; Modern slavery; and Procurement. Existing policies which were substantively updated included: Anti-bribery, corruption and fraud; Complaints; Data protection; Disciplinary and capability; Equal opportunities; Grievance; Financial management; IT and communications systems; Open information; Reserves; Safeguarding; Travel & other expenses;

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

Volunteers; and Whistleblowing.

OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT

Purposes as set out in the Trust’s governing document

The Articles of Association provide that the Trust’s objects (the “ Objects ”) are:

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

Main activities undertaken in relation to these purposes

The main activities of the Trust, to further these purposes, fall into three categories:

In the “Achievements and Performance” section below, the activities undertaken in the reporting period are divided into “Policy”, “Sexual & Reproductive Health Training” and “Integrated Human & Environmental Health Programming”.

Public benefit

The Trustees have a duty to develop strategic plans to ensure provision of public benefit and the achievement of the objectives set out in the Trust’s governing document. The Trustees referred to the Charity Commission’s general guidance on public benefit when developing the Trust’s current strategic plan and when considering all current and future activities.

Strategic plan

The Trustees consider progress against the current strategic plan (which runs until February 2023) at each Trustees’ meeting. During the current strategic plan period, the Trust’s primary objective (the “ Advocacy Objective ”) is to effect policy changes, so that barriers to family planning are deemed environmental conservation issues. The Trust’s secondary objectives are to implement international projects and undertake sexual and reproductive health training supporting the Advocacy Objective. The review and updating of the Trust’s strategy is a key priority in period following the reporting period.

ACHIEVEMENTS AND PERFORMANCE: POLICY

Introduction

The Trust’s primary strategic objective is to effect policy changes, so that the importance of removing

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE PERIOD ENDED 31 MARCH 2022

barriers to family planning is given due attention as part of the response to the climate and biodiversity crises. The Trust has “observer status” and membership of a range of reproductive health, climate and biodiversity alliances. The Trust can therefore effect policy change using genuinely cross-sectoral knowledge, networks and alliances.

International Union for Conservation of Nature (IUCN)

The IUCN is the world’s largest and most diverse environmental network, harnessing the experience, resources and reach of its 1,300 member organisations and the input of some 13,000 experts. It is the global authority on the status of the natural world and the measures needed to safeguard it. The Trust is the only member of the IUCN with over fifty years’ family planning expertise and therefore brings a unique perspective.

In September 2021, the Trust was an active participant at the IUCN World Conservation Congress, hosting the event, “Healthy wetlands for the cranes and people of Rukiga, Uganda” and the e-speaker pitch “Removing Barriers to Family Planning Empowering Sustainable Conservation in the SDG era”.

Subsequent to the IUCN World Conservation Congress, the Trust led the launch of the IUCN Biodiversity & Family Planning Task Force, a direct result of the change to global conservation policy achieved in the previous reporting period when the Trust’s motion, “Importance for the conservation of nature of removing barriers to rights-based voluntary family planning” was voted through, with landslide support. The Task Force is the first and only IUCN entity focussed exclusively on the connections between reproductive and environmental health, and is the IUCN Task Force with the greatest emphasis on human health. The Trust chairs the Task Force which, in the reporting period, established six working groups to commence the process of supporting IUCN and IUCN members develop guidance on how and why removing barriers to rights-based voluntary family planning can strengthen conservation outcomes.

During the reporting period, four of the Trust’s staff were active members of two IUCN Commissions (the Species Survival Commission and the Commission on Environmental, Economic and Social Policy) as well as the Trust being represented on the IUCN National Committee UK’s Executive Committee.

United Nations Framework Convention on Climate Change (UNFCCC)

The UNFCCC is the international environmental treaty adopted and implemented by countries in 1994 to address the issue of climate change. The Trust, with its focus on removing barriers to family planning, is unusual in having UNFCCC “observer status”.

At the COP26 Climate Change Conference in Glasgow, the Trust hosted two events. The Trust’s main event was held in partnership with MSI Reproductive Choices and UNFPA (the UN agency working to improve reproductive and maternal health worldwide). This event was the first time, in twenty-six

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE PERIOD ENDED 31 MARCH 2022

UNFCCC COPs, that UNFPA had ever hosted or co-hosted a COP event. The event, “Removing barriers to health and education: An essential adaptation and resilience strategy” engaged global experts in a high-level discussion on why removing barriers to family planning and girls' education is crucial to accelerating climate adaptation and resilience and was moderated by CNN Chief International Correspondent, Nima Elbagir. Speakers included government ministers from three countries, the Executive Director of UNFPA, youth advocates and other representatives of civil society. The Trust’s event was also used as the launch event for Project Drawdown’s publication, “Girls’ education and reproductive health: essential components of climate adaptation and resilience”. This publication, drafts of which were reviewed by the Trust, is perhaps the most comprehensive publication stating the evidence on this topic.

The Trust’s second event at COP26 was held in partnership with new partners, Care International, Vietnamese NGO Centre for Sustainable Rural Development and ClimateNet, as well as FHI 360. The Trust was able to promote its work advocating for change to climate policy, highlighting that with just 0.5% of the targeted $100 billion annual sum to help developing countries respond to climate change, everyone who wants contraception could access it, including those on the frontline of the climate crisis.

COP26 enabled the Trust to develop a longer-term plan to seek to change climate policy, and build strong relationships with new partners. The results of the Trust’s work to change climate funding criteria will be revealed in the next reporting period.

Family Planning 2030 (FP2030)

FP2030 is the only global partnership centred solely on family planning. FP2030 is the successor to FP2020, the global initiative that ran from 2012 to 2020, with the goal to enable an additional 120 million women and girls to use modern contraception by 2020. The Trust was an “FP2020 Commitment Maker” from 2016 until the transition from FP2020 to FP2030 was completed in the reporting period. FP2020 emerged as a central platform for family planning, providing an unparalleled space for stakeholders to convene, align, share knowledge, broker resources, and advance the field and FP2030 builds on and expands that work.

In March 2021, the Trust’s “FP2030 commitment” was announced by the Executive Director of FP2030, Dr Samukeliso Dube, during the sixth-fifth session of the United Nations Commission on the Status of Women (“ CSW ”). CSW is the principal global intergovernmental body exclusively dedicated to the promotion of gender equality and the empowerment of women. By announcing the Trust’s FP2030 commitment (which focuses on increasing the number of policies and publications recognising the critical importance of the removal of barriers to family planning as a pillar of climate and biodiversity action) at CSW, the Trust was able to advance the cross-sectoral nature of its work.

Throughout the reporting period, the Trust has supported FP2030 in its work promoting the importance of the removal of barriers to family planning as part of climate policy. This included providing advice to FP2030, participating in FP2030’s “Emergency Preparedness and Response Strategy Review” and

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE PERIOD ENDED 31 MARCH 2022

supporting the event “Building Forward Better: Advancing SRHR for Climate Adaptation and Resilience”.

Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES)

IPBES is the intergovernmental organisation established to improve the interface between science and policy on issues of biodiversity and ecosystem services. IPBES performs a similar role, in the biodiversity field, to that which the Intergovernmental Panel on Climate Change performs in its field.

In the reporting period, the Trust’s application for IPBES “observer status” was successful, building on the Trust’s approach to engage at a formal level with a wide range of reproductive health, biodiversity and climate change alliances.

United Nations Environment Assembly (UNEA)

UNEA is the leading authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system, and serves as an authoritative advocate for the global environment. The Trust has accreditation as an observer to the governing body of UNEA.

In the reporting period, the Trust built an alliance of UNEA accredited organisations, which sought to raise the profile of barriers to family planning as a conservation issue at the fifth session of the UN Environment Assembly.

UK government

As a UK-based NGO, the Trust participates in UK government consultation exercises and engages UK government departments to promote the importance of removing barriers to family planning within climate and biodiversity policy. In the reporting period, the Trust engaged four UK government departments on this work.

In June 2021, the Trust launched its campaign with the aim of changing the criteria in UK government climate funding mechanisms to expressly cover programmes that remove barriers to family planning. 66 organisations directly supported the Trust’s campaign, which gained significant media coverage, led to four questions being tabled in the House of Commons, direct engagement with government ministers, and the Trust briefing the All-Party Parliamentary Group on Population, Development and Reproductive Health. Formal responses from the UK government indicate that funding family planning programming under UK government climate mechanisms may well be opening up.

In February and March 2021, the Trust was one of many NGOs active in the successful campaign to support an amendment to the Health and Care Bill reversing the government’s earlier decision to end access to the telemedical pathway to abortion. As a result of this successful campaign, telemedicine

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

for early abortion care remains an option in England, resulting in improved access to essential reproductive healthcare for girls and women.

Convention on Biological Diversity (CBD)

CBD has three main objectives; the conservation of biological diversity, the sustainable use of the components of biological diversity, and the fair and equitable sharing of the benefits arising out of the utilisation of genetic resources. In the reporting period, the Trust monitored the UK government’s approach to CBD as part of the CBD Stakeholder Group.

Conservation Measures Partnership (CMP)

The CMP is an international community of conservation-oriented NGOs, government agencies, funders, and private businesses that work collectively to guide conservation globally. Throughout the reporting period, the Trust supported CMP’s activities to inform and educate conservation practitioners about Population, Health & Environment programmes, their theories of change, how to monitor and evaluate such projects, and generally worked to build the capacity of conservationists to learn about barriers to family planning.

UK Sexual and Reproductive Health and Rights Network (the Network)

The Network brings together UK based organisations working on sexual and reproductive health and rights, and coordinates interaction between member organisations and the UK government. The Trust is a long-term member and, during the reporting period, was represented on the Network’s Steering Committee. The Trust contributed to the Network’s activities responding to the UK government’s cuts to overseas development aid, the “Just the numbers campaign” and activities to ensure only rightsbased indicators are included in UK government funded programmes.

Ad hoc advisor

In the reporting period, the Trust supported the work of others in numerous ways, for instance by:

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

and

Alliances and memberships

The Trust is a member of the following groupings and has engaged with them in the reporting period whenever appropriate:

ACHIEVEMENTS AND PERFORMANCE: SEXUAL & REPRODUCTIVE HEALTH TRAINING

The Trust undertakes training in the United Kingdom and Uganda. In the reporting period, the Trust trained 1,768 clinicians, nursing school students and peer educators on sexual and reproductive health issues (2021: 539).

Introduction: Uganda

In the reporting period, the Trust significantly increased its activities in Uganda, compared to the previous reporting period. The Trust’s Ugandan training activities focus on implementing the Trust’s Uganda Sexual Health and Public Education (“ USHAPE ”) programme, a sexual and reproductive health training and service improvement model designed for rural Ugandan healthcare facilities. USHAPE is accredited by the Uganda Protestant Medical Bureau (“ UPMB ”), the umbrella organisation under which the majority of the Trust’s Ugandan partner hospitals and health centres operate.

The aim of USHAPE is to reduce unmet need for family planning. As defined by the World Health Organization, women with unmet need are those who are fecund and sexually active but are not using any modern method of contraception, and report not wanting any more children or wanting to delay the next child. The concept of unmet need points to the gap between women's reproductive intentions

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE PERIOD ENDED 31 MARCH 2022

and contraceptive use.

During the reporting period, the Trust developed additional USHAPE training modules, including a new module for “Village Health Teams” (community peer educators who assist in mobilising remote and rural communities to attend outreach clinic services). As part of USHAPE, “ VHT ” peer educators can also now be trained to counsel neighbours on family planning, to dispel myths and misconceptions, as well as to undertake community talks in churches and other settings, in order to raise awareness of family planning and its local availability. The Trust developed this module as a response to data in relation to unmet need generated at Bwindi Community Hospital.

In the reporting period, 469 (2021: 135) staff, nursing school students and VHTs undertook USHAPE training. The total number of training hours received amounted to 19,698 (2021: 4,050). The dramatic increase in training activity, compared to the previous reporting period, is because of the expansion to new healthcare facilities and the relaxation of pandemic restrictions that prevented many training activities from taking place in the previous reporting period.

Partnership with Bwindi Community Hospital, Uganda

In the reporting period, the Trust continued to support Bwindi Community Hospital to embed USHAPE. Bwindi Community Hospital is a 112-bed hospital serving an area of around 100,000 people in rural south-west Uganda, close to the border of the Democratic Republic of Congo. The importance of USHAPE has been highlighted in the last two reporting periods, a period when pandemic restrictions in Uganda prevented travel, contributing to an increase in unmet need from 11% in 2019 to 21% in 2021. The Ugandan national average is around 30%, so prior to the Covid-19 restrictions, USHAPE had contributed to lower levels of unmet need in communities served by the hospital, compared to the national average, even though Bwindi Community Hospital serves a marginalised rural community.

In the reporting period, the Trust funded, trained, and mentored the hospital’s full-time Margaret Pyke Nurse. Among other outputs, in the reporting period this led to:

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

sexual and reproductive health questions, reaching around 63,000 people; and

Partnership with Kisiizi Hospital, Uganda

In the reporting period, the Trust continued to support Kisiizi Hospital to implement USHAPE. Kisiizi Hospital is a 260-bed hospital serving a population of 150,000 in south-west Uganda, a two-hour drive north of Kabale on poorly maintained, unmetalled roads. Kisiizi Hospital is situated in a region where unmet need has been calculated at around 20%, but where the rate will actually be higher due to the impact of the pandemic on service delivery and obstacles to patients accessing health services.

In the reporting period the Trust funded, trained, and mentored the hospital’s full-time Margaret Pyke Nurse. Among other outputs, this led to:

Partnership with Rugarama Hospital, Uganda

Rugarama Hospital is a 250-bed hospital serving an area of around 140,000 people in the town of Kabale in south-west Uganda, close to the Rwandan border. In addition to the Darwin Initiative project activities mentioned below, where health services are provided by rural health centres managed by Rugarama Hospital and the Ministry of Health, the Trust also began implementing USHAPE at Rugarama Hospital itself. Rugarama Hospital is in a region with similarly high unmet need figures to

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

those stated above in relation to Kisiizi Hospital.

In the reporting period the Trust funded, trained, and mentored the Hospital’s full-time Margaret Pyke Nurse. Among other outputs, this led to:

Introduction: United Kingdom

In the reporting period, the Trust trained 1,299 clinicians (2021: 404) on sexual and reproductive health (“ SRH ”) matters. These clinicians attended one of the Trust’s 45 SRH training courses (2021: 11). The total number of delegate training hours amounted to 4,636 (2021: 1,930).

The dramatic increase in training activities, compared to the previous reporting period, was for two primary reasons. Firstly, the later stages of the pandemic meant National Health Service (“ NHS ”) staff were better able to recommence SRH training. Secondly, the Trust changed the way in which training courses were delivered – being almost exclusively online in the reporting period. It is notable that this shift meant that delegates participated from a much wider geographical area, whereas face-to-face events in previous reporting periods were largely attended by delegates from southern England. It is likely, since delegates find online training time-efficient and convenient, that a return to face-to-face training will be limited.

Addressing the significant shift in the way that medical professionals now update their skills has posed new challenges and opportunities in the reporting period, although the Trust has harnessed the expertise and enthusiasm of its facilitators to design specific training on an ever-growing range of topics. During the reporting period, for instance, the Trust has had particular success in provision of

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

training on emergency contraception, with a new course developed that deals specifically with issues posed by this important topic.

Margaret Pyke Conferences

In the reporting period, 517 clinicians (2021: 159) attended one of the Trust’s nine Margaret Pyke Conferences (2021: two). These landmark Conferences cover contraception and other aspects of sexual health and are recognised by the Faculty of Sexual and Reproductive Healthcare (“ FSRH ”), a faculty of the Royal College of Obstetricians and Gynaecologists. They are valid for re-certification of the Diploma of the FSRH and for Continuing Professional Development points. Historically, Margaret Pyke Conferences have been full day, in-person events. A legacy of the pandemic is that during the reporting period an insufficient number of delegates wanted to attend in-person training. In the reporting period, the Conferences were for varying durations from one hour to six hours and each Conference was both live-streamed and available by purchasing a recording. The need remains to provide up-to-date knowledge, delivered by inspiring speakers, that enables medical professionals to acquire greater SRH confidence and skills that, in turn, allow them to deliver safe and effective SRH care in community, primary and secondary care settings. Increasingly, this has to be in a time-efficient way that offers value for money.

In the reporting period, 98.5% of Margaret Pyke Conference course delegates who completed the evaluation forms stated they had increased SRH knowledge (2021: 98.5%), 97% stated they had greater confidence to deal with their patients’ SRH issues (2021: 98.5%), and 99% stated they would recommend courses run by the Trust to their colleagues (2021: 99%).

SRH Essentials

The FSRH designed the course SRH Essentials specifically to address the needs of primary healthcare practitioners who have had little or no prior SRH training, but meet patients with SRH needs on a day-to-day basis. The aim is to provide delegates with adequate knowledge and confidence to discuss these matters with patients.

In the reporting period, 292 clinicians (2021: 60) attended one of the Trust’s 19 SRH Essentials courses (2021: four). As in the previous two reporting periods, the Trust remained the UK training body responsible for the vast majority of this training nationwide.

Of those SRH Essentials course delegates who completed the course evaluation forms, 99% (2021: 100%) stated that post-course they had increased SRH knowledge, 99% (2021: 99%) stated they had greater confidence to deal with SRH issues, and 100% (2021: 100%) stated they would recommend courses run by the Trust to their colleagues.

The increase in demand for this training is significant, and the Trust has risen to the challenge of meeting this need.

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MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

Bespoke training

In the reporting period, 490 clinicians (2021: 185) attended one of the Trust’s 17 bespoke training courses (2021: five).

Bespoke training currently offers the greatest potential as the Trust is alone in offering to design and deliver training to meet the identified learning needs of an increasingly wide variety of clients seeking SRH training. In the reporting period, the Trust provided its first training course for boarding school nurses, in addition to delivering training to new and returning clients, comprising several Clinical Commissioning Groups, two Community Education Provider Networks, two pharmacy chains offering online contraception provision, and three NHS Foundation Trusts. Subjects covered in bespoke training included:

Of the delegates who completed the evaluation forms, 100% (2021: 100%) stated that they had increased SRH knowledge, 98.5% (2021: 100%) stated that they had greater confidence to deal with SRH issues, and 100% (2021: 100%) stated that they would recommend courses run by the Trust to their colleagues.

Conclusion: United Kingdom training

The reporting period has seen dramatic changes to the structure and delivery of UK training, resulting in a wider variety and number of courses reaching a far larger and geographically widespread audience. The clinician delegates are almost exclusively NHS employees whose skills had been

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TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

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required to respond to the overwhelming need to deal with Covid-19, and who have now largely returned to their former roles. The need for their knowledge to be updated is being addressed, but training budgets are tight and the Trust is mindful that there are increasing options for online learning which are free.

The Trust is proud that in the reporting period it has been so flexible and inventive. The Trust continued to provide the widest range of contraceptive update training courses for clinicians in the UK. The 1,299 clinicians who completed training have clearly benefitted, but of even greater importance is the very significant number of their patients who have received and continue to receive better quality healthcare as a result of the improved knowledge, skills and confidence of those caring for them. Many tens of thousands of patients will have benefited because of this training.

ACHIEVEMENTS AND PERFORMANCE: INTEGRATED HUMAN & ENVIRONMENTAL HEALTH PROGRAMMING

In the reporting period, the Trust continued to lead the implementation of the project funded by the UK government’s “Darwin Initiative”. Since its launch in 1992, the UK government has invested hundreds of millions of pounds supporting Darwin Initiative biodiversity conservation projects. The Trust’s “Healthy wetlands for the cranes and people of Rukiga, Uganda” project, is the first time the Darwin Initiative had funded family planning service provision.

The wetlands of Rukiga are vital for cranes (for nesting) and people (for food security, flood prevention and livelihoods). The Trust, Rugarama Hospital, the International Crane Foundation/Endangered Wildlife Trust Partnership, and the London School of Hygiene & Tropical Medicine have collaboratively designed a holistic project responding to the connected health, environmental and livelihood challenges faced and identified by the local community. In the reporting period, extensive ethnographic research was undertaken, as part of the project, identifying place-specific human health and environmental issues that community members are experiencing, in addition to the communities’ preferred solutions, which led to further adaptation of the project design. The research has highlighted how people see the connections between their health, and the health of their environment, including how local population pressures on land are resulting in ever-increasing fragmentation of farmland resulting in poor livelihood and health outcomes for households.

The research findings have not only been used in relation to the project itself, but have also been used in the Trust’s advocacy work. The community perceptions of the strong connections they experience and understand between climate change, barriers to healthcare (including family planning), habitat encroachment, local population growth, pressures on smallholder farmland, pollution, nutrition and livelihoods are striking.

The research findings also led to the Trust redesigning the project to enable the support of an increased number of health centres. As part of this project, the Trust is now supporting four health centres run by the Ministry of Health; the first time the Trust has supported Ugandan government

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TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

facilities. The Trust is also supporting four Uganda Protestant Medical Bureau rural health centres and providing two mobile clinics in community centres where the villages have no dedicated health centre.

Project partners have fostered excellent relationships with local government and council leaders, with outcomes including the project receiving a donation of approximately 6 hectares of land for the development of a Napier grass nursery, which is now established and being used by community members to help combat soil erosion from hillslopes into the wetlands below. In the reporting period, the Trust’s work led to:

Towards the end of the reporting period, the Trust commenced discussions with Nature Uganda and the London School of Hygiene & Tropical Medicine on plans to replicate this project in a wetland area of a neighbouring district. Additionally, the UK government’s Department for Environment, Food & Rural Affairs selected the project for a “mid-term review”, a positive and supportive learning exercise, to enable knowledge sharing across UK government departments and to the conservation sector more widely. The Trust’s project was the only Darwin Initiative project selected for such a review, preliminary

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(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

feedback was extremely positive, we await the final report, which will be used in the Trust’s advocacy, highlighting barriers to family planning as a biodiversity issue.

ACHIEVEMENTS AND PERFORMANCE: REVIEW OF ACTIVITIES FOR THE PERIOD

The Trustees review the aims, objectives, and activities of the Trust at each Trustees’ meeting. In addition to the policy, programmatic and training activities stated above, other work and organisational development in the reporting period included:

In terms of gender, 6 out of 7 Trustees, and 7 out of 8 staff (including the two staff members’ whose start date is imminent) are female.

FINANCIAL REVIEW

a. Financial Position

The Trust achieved net income of £55,264 (2021 – net expenditure of £70,519), details of which are shown in the Statement of Financial Activities on page 25. This includes net gains on revaluation of investments of £29,583 (2021 – £9,194), and net income from ordinary activities of £25,681 (2021 – net expenditure of £79,713).

18

MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE PERIOD ENDED 31 MARCH 2022

Total income for the year amounted to £615,291 (2021 - £337,898) and total expenditure before taking account of investment gains or losses amounted to £589,610 (2021 - £417,611).

b. Reserves Policy

The Trustees have an ethical investment policy. It is the Trust’s policy to invest reserves only in a way which integrates environmental, social and governance factors within the investment selection process and assets which support the Paris Agreement on Climate Change by reducing emissions. The Trustees implement this policy by investing in Cazenove Capital’s Charity Responsible MultiAsset Fund.

In the reporting period, the Trustees updated their policy in relation to the quantum of reserves they seek to maintain, as part of the 2022 – 2023 annual budget approval process. Trustees have permitted the use of reserves to the extent to enable staff expansion, whilst retaining not less than six months’ expenditure on staff, office and general costs.

c. Going Concern

After appropriate enquiries, the Trustees consider that the Trust will be able to maintain adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

PLANS FOR FUTURE PERIODS

The current strategic plan runs until the end of February 2023. Until then, the Trust’s primary objective remains to effect policy changes, so that barriers to family planning are deemed environmental conservation issues. In the year ahead, the Trust will:

19

MARGARET PYKE TRUST

(A company limited by guarantee)

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 31 MARCH 2022

plans for the 2022 /2023 financial year anticipate growth in terms of revenue and course numbers compared to the reporting period.

TRUSTEES RESPONSIBILITIES

Company and charity law requires the Trustees to prepare financial statements that give a true and fair view of the Trust at the end of the financial period and of its surplus or deficit for the financial period. In doing so, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Trust and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the Trust and financial information included on the Trust’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

APPROVAL OF THE REPORT

This report was approved by the Board of Trustees on 05 July 2022 and signed on their behalf by:

Ruth McNeil, Chair of Trustees

20

MARGARET PYKE TRUST (A Company Limited by Guarantee)

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF MARGARET PYKE TRUST

Opinion

We have audited the financial statements of Margaret Pyke Trust for the period ended 31 March 2022 which comprise Statement of Financial Activities (including the income and expenditure account), Balance sheet, Statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the Trustees’ Annual Report other than the financial statements and our

21

MARGARET PYKE TRUST (A Company Limited by Guarantee)

INDEPENDENT AUDITOR’S REPORT

TO THE MEMBERS OF MARGARET PYKE TRUST

auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion :

Responsibilities of Trustees

As explained more fully in the Trustees’ responsibilities statement set out on page 20 the Trustees (who are also the directors of the charitable company for the purposes of company law) are

22

MARGARET PYKE TRUST (A Company Limited by Guarantee)

INDEPENDENT AUDITOR’S REPORT

TO THE MEMBERS OF MARGARET PYKE TRUST

responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

23

MARGARET PYKE TRUST (A Company Limited by Guarantee)

INDEPENDENT AUDITOR’S REPORT

TO THE MEMBERS OF MARGARET PYKE TRUST

24

MARGARET PYKE TRUST

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and Expenditure Account & Statement of Total Realised Gains and Losses) For the period ended 31 March 2022

Unrestricted
Funds
Note
2022
£
INCOME FROM
Donations and legacies
2
142,618
Charitable activities:
Training
107,805
International programmes
-
Investments
3
13,562
Other
2
19,310
TOTAL INCOME
283,295
EXPENDITURE ON
Charitable activities:
4
Training
126,194
Advocacy
76,582
International programmes
83,127
285,903
Fundraising costs
18,308
TOTAL EXPENDITURE
304,211
Net income/ (expenditure) and
net movement in funds before
gains and losses on
investments
(20,916)
Net gains / (losses) on
investments)
13
29,583
NET MOVEMENT IN FUNDS
8,667
RECONCILIATION OF FUNDS
TOTAL FUNDS AT 1 MARCH
2021
369,312
TOTAL FUNDS AT 31 MARCH
2022
377,979		 Restricted
Funds
2022
£
331,996
-
-
-
-
331,996
-
99,306
186,093
285,399
-
285,399
46,597
-
46,597
40,128
86,725		 Total
Funds
2022
£
474,614
107,805
-
13,562
19,310
615,291
126,194
175,888
269,220
571,302
18,308
589,610
25,681
29,583
55,264
409,4440
464,704		 Unrestricted
Funds
2021
£
78,465
54,337
-
5,680
4,963
143,445
76,247
45,059
78,843
200,149
24,724
224,873
(81,428)
9,194
(72,234)
441,546
369,312		 Restricted
Funds
2021
£
194,453
-
-
-
-
194,453
-
94,167
98,571
192,738
-
192,738
1,715
-
1,715
38,413
40,128		 Total
Funds
2021
£
272,918
54,337
-
5,680
4,963
337,898
76,247
139,226
177,414
392,887
24,724
417,611
(79,713)
9,194
(70,519)
479,959
409,440

The annexed notes form part of these financial statements.

25

MARGARET PYKE TRUST (Company limited by guarantee number 03438741)

BALANCE SHEET

As at 31 March 2022

Notes
FIXED ASSETS
Tangible assets
12
Investments
13
CURRENT ASSETS
Prepayments and other debtors
14
Investments
15
Cash at bank and in hand
CREDITORS: amounts falling
due within one year
16
NET CURRENT ASSETS
NET ASSETS
FUNDS
Restricted funds
18
Unrestricted funds:
General fund
18		 £
34,938
7,264
131,633		 2022
£
1,022
360,454		 £



16,748
5,834
53,793		 2021
£
1,558
392,637
361,476




103,228		 394,195




15,245
173,835
(70,607)		 76,375
(61,130)
464,704 409,440
86,725
377,979		 40,128
369,312
464,704 409,440

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

These accounts are prepared in accordance with special provisions of Part 15 of the Companies Act 2006.

They were approved, and authorised for issue, by the Board of Trustees on 05 July 2022 and signed on their behalf by:

Ruth McNeil, Chair of Trustees

The annexed notes form part of these financial statements.

26

MARGARET PYKE TRUST

STATEMENT OF CASHFLOWS

For the period ended 31 March 2022

Note
Cash flows from operating activities
17
Cash flows from investing activities
Purchase of noncurrent assets
Dividends received from investments
Purchase of investments
Proceeds from sale of investments
Cash flows from financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of
the year
Cash and cash equivalents at the year end		 2022
£
£
3,941
-
13,562
(373,237)
435,005
75,330
-
79,271
59,627
138,898		 2022
£
£
3,941
-
13,562
(373,237)
435,005
75,330
-
79,271
59,627
138,898		 2021
£
£
(58,768)
(1,520)
5,680
(192,984)
217,955
29,130
-
(29,638)
89,265
59,627		 2021
£
£
(58,768)
(1,520)
5,680
(192,984)
217,955
29,130
-
(29,638)
89,265
59,627
79,271 (29,638)
59,627 89,265
138,898 59,627

27

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

1. ACCOUNTING POLICIES

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities, (SORP 2019), preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The presentational currency of the financial statements is Pound Sterling (£).

Public benefit entity

The Trust meets the definition of a public benefit entity under FRS 102.

Going concern

The Trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

Key judgements that the Trust has made which have a significant effect on the accounts include estimating income and expenditure for the next 12 months.

Income

Income is recognised when the Trust has entitlement to the funds: this is when any performance conditions attached to the income have been met, it is probably that the income will be received, and that the amount can be measured reliably. Gifts in kind are recognised in the period in which the gift was received and measured on the basis of value to the Trust.

Income is only deferred when: The donor specifies that the grant or donation must only be used in future accounting periods; or for performance related grants, where these are received in advance of the performances or specific event to which they relate.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Trust; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for charitable purposes.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probably that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is classified under charitable activities.

28

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

Fundraising costs

Costs of raising funds relate to the costs incurred by the Trust in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.

Charitable activities

Expenditure on charitable activities includes the costs of delivering services and reading activities undertaken to further the purposes of the Trust and their associated support costs.

Other expenditure

Other expenditure represents those items not falling into any other heading.

Allocation of support costs

Support and governance costs have been allocated between charitable activities and governance based on estimated staff costs. The allocation of support and governance costs is analysed in note 4.

Tangible fixed assets and depreciation

Tangible fixed assets (excluding investments) are stated at cost less depreciation. The cost of minor additions or those costing less than £400 are not capitalised. Other fixed assets with an expected life of more than one year or included at cost. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Equipment – 25% straight line Furniture – 25% straight line

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Investments

Investments held as fixed assets are valued at mid-market value at the balance sheet date and the gain or loss taken to Statement of Financial Activities. Any realised gain or loss on sale or disposal of investment is taken to Statement of Financial Activities.

The investments are managed by independent professional fund managers for the purpose of capital appreciation and income generation by investing in medium risk equities and bonds.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.

Creditors and provisions

Creditors and provisions are recognised where the Trust has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The Trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

29

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the Statement of Financial Activities.

Pensions

The Trust operates a defined contributions pension scheme, which is a Group Stakeholder Pension Scheme on a salary sacrifice basis. The Trust contributes 5% of gross pay for all staff. Pension costs are recognised in the Statement of Financial Activities at the percentage of gross pay. The fund manager’s charges are factors into the unit value of the pension fund and are not recognised.

2. DONATIONS, GIFTS AND LEGACIES

Grants, gifts and donations
Sponsorship
Gifts in kind		 Unrestricted
Funds
2022
£
136,880
-
5,738
142,618		 Restricted
Funds
2022
£
331,996
-
-
331,996		 Total Funds
2022
£
468,876
-
5,738
474,614		 Total Funds
2021
£
258,139
1,150
13,629
272,918

Grants, gifts and donations comprise donations and grants received from various donors to carry out projects and other charitable activities. Gifts in kind represent Microsoft software and speaker fees (some specialist speakers supporting the Trust’s UK training activities donated their time).

Other income received in the year £19,310 (2021 - £4,963) consists of HMRC JRS grant received for March 2021, contributions to UNFCCC COP26 event costs covered by external organisations, speaker fees on family planning and climate change.

3. INVESTMENT INCOME

Interest receivable from:
Income from UK listed investments
Bank interest receivable		 Unrestricted
Funds
2021
£
13,562
-
13,562		 Restricted
Funds
2021
£
-
-
-		 Total
Funds
2021
£
13,562
-
13,562		 Total Funds
2020
£
5,680
-
5,680

30

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

4. ANALYSIS OF EXPENDITURE

2022
Charitable
activities
Training
Advocacy
International
programmes
Fundraising costs
Governance costs
Support costs
2021
Charitable
activities
Training
Advocacy
International
programmes
Fundraising costs
Governance costs
Support costs		 Staff/
consultant
costs
£
62,092
119,682
80,654

262,428
15,531
13,611
11,100
302,670
47,013
98,025
70,752
215,790
20,859
14,177
11,879
262,705		 Direct
costs
£
52,335
27,942
175,068

255,345
239
5,418
25,938
286,940
19,450
26,141
93,800
139,391
17
4,680
10,818
154,906		 Governance
costs
£
3,994
9,593
4,581

18,168
861
(19,029)
–
–
4,440
6,834
5,837
17,111
1,746
(18,857)
–
–		 Support
costs
£
7,773
18,671
8,917

35,361
1,677
–
(37,038)
–
5,344
8,226
7,025
20,595
2,102
–
(22,697)
–		 Total
2022
£
126,194
175,888
269,220
571,302
18,308
–
–
589,610
76,247
139,226
177,414
392,887
24,724
–
–
417,611		 Total
2021
£
76,247
139,226
177,414
392,887
24,724
–
–
417,611

Of total expenditure of £589,610 (2021 – £417,611), £304,211 (2021 – £224,873) was incurred from unrestricted funds; and £285,399 (2021 – £192,738) was from restricted funds.

Total expenditure above includes the valuation of £5,738 gifts in kind received in the year (2021 – £13,629).

31

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

5. STAFF COSTS AND NUMBERS

Salary costs
Wages and salaries
Social security costs
Pension costs
Other staffing
costs
Consultancy
Holiday pay		 Unrestricted
Funds
2022
£
144,179
17,819
37,156
199,154
-
31
199,185		 Restricted
Funds
2022
£
103,485
–
–
103,485
-
–
103,485		 Total
Funds
2022
£
247,664
17,819
37,156
302,639
-
31
302,670		 Unrestricted
Funds
2021
£
118,259
15,459
30,835
164,553
-
44
164,597		 Restricted
Funds
2021
£
98,108
–
–
98,108
5,360
–
103,468		 Total
Funds
2021
£
216,367
15,459
30,835
262,661
5,360
44
268,065

The average weekly number of staff on a head count basis was 7 (2021 – 6). The average number of staff on a full-time equivalent basis was 6.2 (2021 – 5).

The total employee benefits of the key management personnel, including pension contributions but excluding Employer NI contributions, were £102,101 (2021 – £91,346).

During the year, there was one employee whose total employee benefits (excluding employer pension costs) fell within the reportable band of £80,000 - £90,000 (2021 – the same).

6. TRUSTEES’ REMUNERATION AND EXPENSES

No Trustees or other person related to any Trustee received any remuneration during the year nor had any personal interest in any contract or transaction entered into by the Trust during the year (2021 – Nil).

One ex-Trustee used to help to manage the operation of the Time Capsule Project funds held by the Trust as intermediary agent. During the year, £6,606 was returned to the ex-Trustee in relation to the Time Capsule Project (2021 – £275), so as at 31 March 2022 the Trust does not hold any third-party funds.

7. OTHER RELATED PARTIES

The Trustees have not identified any other reportable related parties or related party transactions.

32

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

8. TAXATION

The Trust is exempt from corporation tax on its charitable activities under Sections 466 to 493 of the Corporation Tax Act 2010 (CTA2010).

9. SUPPORT COSTS

Recruitment
Staff training and development
Advertising and promotion
Rent and room hire
Other premises costs
Communications (website, phone, internet, etc)
Stationery and postage
Design and printing
Insurance
IT maintenance & support
Travel and subsistence
Accountancy fees
Legal & other professional fees
Bank charges
Subscriptions
General administrative costs
Sundries
Depreciation
Foreign currency gains / (losses)
Investment manager's fees
Direct fundraising costs
Computer Costs
Conference fees
Staff support costs		 Total Funds
2022
£
6,728
–
–
2,340
–
2,187
58
178
853
2,151
1,487
-
126
98
173
1,176
-
536
(3,770)
5,528
–
6,089
–
25,938
11,100
37,038		 Total Funds
2021
£
–
–
–
2,160
–
1,663
166
-
950
2,363
168
1,104
58
16
162
154
500
356
(7,217)
7,912
–
303
–
10,818
26,056
36,874

Support costs have been allocated to charitable activities on the basis of staff time.

33

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

10. GOVERNANCE COSTS

Audit fees: annual financial statement
Governance staff costs		 Unrestricted
Funds
2022
£
5,418
13,611
19,029		 Restricted
Funds
2022
£
–
–
–		 Total
Funds
2022
£
5,418
13,611
19,029		 Total
Funds
2021
£
4,680
14,177
18,857

Governance costs have been allocated to charitable activities on the basis of staff time.

11. NET INCOME / (EXPENDITURE) FOR THE YEAR

Net income/(expenditure) is stated after charging:
Staff pension contributions
Depreciation and other amounts written off fixed assets
Auditors Remuneration: audit fees
Other fees payable to auditors: grant audit
Exchange (gains)/losses		 2022
£
24,556
536
5,418
-
(3,770)		 2021
£
30,835
356
4,680
-
(7,217)

12. TANGIBLE FIXED ASSETS

Cost
At 1 March 2021
Additions
At 31 March 2022
Depreciation
At 1 March 2021
Charge for the year
At 31 March 2022
Net book value
At 28 February 2021
At 31 March 2022		 Office
equipment
£
6,150
-
6,150
4,592
536
5,128
1,558
1,022		 Fixtures
and fittings
£
5,333
–
5,333
5,333
–
5,333
–
–		 Total
£
11,483
-
11,483
9,925
536
10,461
1,558
1,022		 2021
Total
£
9,963
1,520
11,483
9,569
356
9,925
394
1,558

34

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

13. FIXED ASSETS INVESTMENTS

Assets held primarily to provide an investment return are analysed as
follows:
UK listed investments
Bonds and Bond funds
Shares, Traditional Funds and Options
Charity responsible multi-asset fund
Market value
At the beginning of the year
Additions
Realised gains / (losses) on investments
Unrealised gains / (losses) on investments
Disposals
At the end of the year		 2022
£
-
-
360,454
360,454
392,639
373,237
8,539
21,044
(435,005)
360,454		 2021
£
94,601
298,036
-
392,637
408,415
192,984
(61,617)
70,810
(217,955)
392,637

14. DEBTORS

Due within one year
Trade debtors
Prepayments and other debtors
Accrued income		 2022
£
1,840
3,561
29,537
34,938		 2021
£
1,320
12,924
2,504
16,748

15. INVESTMENTS HELD AS CURRENT ASSETS

Cash equivalents on deposit
Mirabaud client account (GBP)
Mirabaud client account (Euro)
Mirabaud client account (USD)
Cazenove client account (GBP)		 2022
£
-
-
-
7,264
7,264		 2021
£
5,717
117
-
-
5,834

35

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Other creditors
Accruals
Deferred income
Taxation and social security
Custodian funds held
Holiday pay accrual
Deferred income
Balance at 1 March 2021
Amount released to incoming resources
Amount deferred in the year
Balance at 31 March 2022		 2022
£
-
-
50,204
12,640
6,950
-
813
70,607
17,695
(17,695)
12,640
12,640		 2021
£
1,050
7,993
23,622
17,695
3,382
6,606
782
61,130
4,447
(4,447)
17,695
17,695

Deferred income at the end of the current year of £12,640 relates to training courses delivered during 2022 but invoiced and/or paid for before the end of the financial year (2021 – £17,695).

17. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net movement in funds
Add back (deduct) investment losses / (gains)
Add back depreciation
Deduct interest income shown in investments
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash used in operating activities		 2022
£
55,264
(29,583)
536
(13,562)
(18,191)
9,477
3,941		 2021
£
(70,519)
(9,194)
356
(5,680)
23,316
2,952
(58,769)

36

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

18. STATEMENT OF FUNDS

RESTRICTED FUNDS
Advocacy
International programmes		 Brought
forward
£
5,675
34,453
40,128		 Incoming
Resources
£
145,707
186,289
331,996		 Resources
Expended
£
(99,305)
(186,094)
(285,399)		 Transfers
and
Investment
gains/(losse
s)
£
–
–
--		 Carried
Forward
£
52,077
34,648
86,725

Purpose of restricted funds

Advocacy

Grants received are restricted to the costs of the Trust’s advocacy work. The balance of remaining funds is £52,077 and will be spent in the following year.

International programmes

Grants received are restricted to the costs of the Trust’s international programmes. The balance of remaining funds is £34,648 and will be spent in the following year.

37

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

SUMMARY OF FUNDS

2022
General Funds
Restricted Funds
2021
RESTRICTED FUNDS
Advocacy
International
programmes
UNRESTRICTED
FUNDS
General funds		 Brought
forward
£
369,312
40,128
409,440
Brought
forward
£
19,033
19,380
441,546
479,959		 Incoming
Resources
£
283,295
331,996
615,291
Incoming
Resources
£
80,809
113,644
143,445
337,898		 Resources
Expended
£
(304,211)
(285,399)
(589,610)
Resources
Expended
£
(94,167)
(98,571)
(224,873)
(417,611)		 Transfers and
Investment
gains/(losses)
£
29,583
-
29,583
Transfers and
Investment
gains/(losses)
£
–
–
9,194
_9,194 _		 Carried
Forward
£
377,979
86,725
**464,704 **
Carried
Forward
£
5,675
34,453
369,312
409,440

38

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

19. ANALYSIS OF NET ASSETS BETWEEN FUNDS

2022
Tangible fixed assets
Fixed asset investments
Net current assets
2021
Tangible fixed assets
Fixed Asset investments
Net current assets		 Unrestricted funds
Designated
Funds
General
Funds
£
£
–
1,022
–
360,454
–
16,503
–
377,979
–
1,558
–
392,637
–
(24,883)
–
369,312		 Restricted
Funds
£
–
–
86,725
86,725
–
–
40,128
40,128		 Total Funds
£
1,022
360,454
103,228
464,704
1,558
392,637
15,245
409,440

20. ANALYSIS OF THE NET MOVEMENT IN FUNDS

Net movement in funds Unrestricted
Funds
2022
£
8,667
**8,667 **		 Restricted
Funds
2022
£
46,597
46,597		 Total
Funds
2022
£
55,264
**55,264 **		 Total Funds
2021
£
(70,519)
(70,519)

39

MARGARET PYKE TRUST

NOTES TO THE FINANCIAL STATEMENTS

For the period ended 31 March 2022

21. COMPANY LIMITED BY GUARANTEE

The Trust is a company limited by guarantee and accordingly does not have a share capital.

Every Trustee is a Member of the charitable company and, in their capacity as a Member, undertakes to contribute such amount as may be required not exceeding £10 to the assets of the charitable company in the event of its being wound up while she or he is a member, or within one year after she or he ceases to be a Trustee.

22. FUND HELD AS INTERMEDIARY AGENT

At the start of the year, the Trust held £6,606 on behalf of the Time Capsule Project, which is administered by one of the ex-Trustees, who is the project custodian. During the year £6,606 was returned back to the custodian, so at 31 March 2022 the Trust does not hold any third-party funds.

40