Registered number: 4026959
BIRTHLIGHT LIMITED DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
Nigel Spence & Co Chartered Accountants
Tan House 15 South End Bassingbourn Royston Herts SG8 5NJ
Birthlight Limited Directors' Report and Unaudited Financial Statements For The Year Ended 31 March 2021
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountants' Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5—6 |
| Statement of Changes in Equity | 7 |
| Notes to the Financial Statements | 8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 9—10 |
Birthlight Limited Company Information For The Year Ended 31 March 2021
| Directors | Dr Francoise Freedman |
|---|---|
| Mrs Regina Guilbride | |
| Secretary | Mr Nigel Spence |
| Company Number | 4026959 |
| Registered Office | Tan House 15 South End |
| Bassingbourn | |
| Royston | |
| Hertfordshire | |
| SG8 5NJ | |
| Accountants | Nigel Spence & Co |
| Chartered Accountants | |
| Tan House 15 South End | |
| Bassingbourn | |
| Royston | |
| Herts | |
| SG8 5NJ |
Page 1
Birthlight Limited Company No. 4026959 Directors' Report For The Year Ended 31 March 2021
The directors present their report and the financial statements for the year ended 31 March 2021.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows: Dr Francoise Freedman Mrs Regina Guilbride
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Dr Francoise Freedman
Director
19/10/2021
Page 2
Birthlight Limited Accountants' Report For The Year Ended 31 March 2021
In accordance with the engagement letter dated 24th December 2009, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2021 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
19/10/2021
Nigel Spence & Co Chartered Accountants
Tan House 15 South End Bassingbourn Royston Herts SG8 5NJ
Page 3
Birthlight Limited Income and Expenditure Account For The Year Ended 31 March 2021
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses OPERATING SURPLUS/(DEFICIT) Interest payable and similar charges SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR |
2021 £ 104,532 (69,026) 35,506 (17,575) 17,931 - 17,931 |
2020 £ 225,328 (166,552) |
|---|---|---|
| 58,776 (69,860) |
||
| (11,084) (1,422) |
||
| (12,506) |
The notes on page 8 form part of these financial statements.
Page 4
Birthlight Limited Balance Sheet As at 31 March 2021
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 3 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2021 £ £ 76,999 76,999 (7,454) 69,545 69,545 69,545 69,545 69,545 |
2021 £ £ 76,999 76,999 (7,454) 69,545 69,545 69,545 69,545 69,545 |
2020 £ £ 58,707 58,707 (7,093) 51,614 51,614 51,614 51,614 51,614 |
2020 £ £ 58,707 58,707 (7,093) 51,614 51,614 51,614 51,614 51,614 |
|---|---|---|---|---|
| 76,999 (7,454) |
58,707 (7,093) |
|||
| 69,545 | 51,614 | |||
| 69,545 | 51,614 | |||
| 69,545 | 51,614 | |||
| 69,545 | 51,614 |
Page 5
Birthlight Limited Balance Sheet (continued) As at 31 March 2021
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
-
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Dr Francoise Freedman
Director
19/10/2021
The notes on page 8 form part of these financial statements.
Page 6
Birthlight Limited Statement of Changes in Equity For The Year Ended 31 March 2021
| As at 1 April 2019 Loss for the year and total comprehensive income As at 31 March 2020 and 1 April 2020 Profit for the year and total comprehensive income As at 31 March 2021 |
Income and Expenditure Account £ 64,120 (12,506) |
|---|---|
| 51,614 | |
| 17,931 | |
| 69,545 |
Page 7
Birthlight Limited Notes to the Financial Statements For The Year Ended 31 March 2021
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| Office and administration Sales, marketing and distribution . Creditors: Amounts Falling Due Within One Year Trade creditors |
2021 1 1 2 2021 £ 7,454 7,454 |
2020 3 1 |
|---|---|---|
| 4 | ||
| 2020 £ 7,093 |
||
| 7,093 |
3. Creditors: Amounts Falling Due Within One Year
4. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
5. General Information
Birthlight Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 4026959. The registered office is Tan House 15 South End, Bassingbourn, Royston, Hertfordshire, SG8 5NJ.
Page 8
Birthlight Limited Detailed Income and Expenditure Account For The Year Ended 31 March 2021
| TURNOVER Sales - membership fees Sales - training Courses Sales - donations COST OF SALES Opening stock and work in progress Purchases Subcontractor costs Other direct costs GROSS SURPLUS Administrative Expenses Wages and salaries Employers NI Employers pensions - defined contributions scheme Staff training Travel and subsistence expenses Computer software, consumables and maintenance Insurance Postage Stationery Advertising and marketing costs Telecommunications and data costs Website costs Accountancy fees Legal fees Subscriptions Research and development costs OPERATING SURPLUS/(DEFICIT) |
2021 £ £ 10,994 93,099 439 104,532 - 61,259 - 7,767 (69,026) 35,506 3,336 - 111 1,779 - 3,764 78 - 6,195 183 61 - 1,775 - 293 - (17,575) 17,931 |
2021 £ £ 10,994 93,099 439 104,532 - 61,259 - 7,767 (69,026) 35,506 3,336 - 111 1,779 - 3,764 78 - 6,195 183 61 - 1,775 - 293 - (17,575) 17,931 |
2020 £ £ 25,158 199,620 550 225,328 500 124,459 594 40,999 (166,552) 58,776 28,192 835 713 - 124 - 78 117 7,039 524 849 23,736 2,700 417 1,032 3,504 (69,860) (11,084) ...CONTINUED |
|---|---|---|---|
| 104,532 (69,026) |
|||
| 3,336 - 111 1,779 - 3,764 78 - 6,195 183 61 - 1,775 - 293 - |
|||
| 35,506 (17,575) |
|||
| 17,931 |
Page 9
Birthlight Limited Detailed Income and Expenditure Account (continued) For The Year Ended 31 March 2021
| Interest payable and similar expenses Bank charges SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR |
- | - | 1,422 | (1,422) |
|---|---|---|---|---|
| 17,931 | (12,506) |
Page 10