Birthlight Limited Company No. 4026959 Directors' Report For The Year Ended 31 March 2023
The directors present their report and the financial statements for the year ended 31 March 2023.
Directors
The directors who held office during the year were as follows: Dr Francoise Freedman Mrs Regina Guilbride
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.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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 Francoise Freedman.
20/06/2023
Registered number: 4026959
BIRTHLIGHT LIMITED DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
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 2023
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—9 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 10—11 |
Birthlight Limited Company Information For The Year Ended 31 March 2023
| 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 2023
The directors present their report and the financial statements for the year ended 31 March 2023.
Directors
The directors who held office during the year were as follows:
Dr Francoise Freedman
Mrs Regina Guilbride
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.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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
20/06/2023
Page 2
Birthlight Limited Accountants' Report For The Year Ended 31 March 2023
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 2023 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.
Signed
20/06/2023
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 2023
| Notes TURNOVER Cost of sales GROSS SURPLUS Distribution costs Administrative expenses OPERATING (DEFICIT)/SURPLUS Interest payable and similar charges (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR |
2023 £ 87,667 (64,539) 23,128 (15,502) (13,257) (5,631) (1,014) (6,645) |
2022 £ 112,380 (82,982) |
|---|---|---|
| 29,398 - (18,163) |
||
| 11,235 (306) |
||
| 10,929 |
The notes on pages 8 to 9 form part of these financial statements.
Page 4
Birthlight Limited Balance Sheet As at 31 March 2023
| Notes CURRENT ASSETS Debtors 4 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 5 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2023 £ £ 4,063 83,439 87,502 (13,673) 73,829 73,829 73,829 73,829 73,829 |
2023 £ £ 4,063 83,439 87,502 (13,673) 73,829 73,829 73,829 73,829 73,829 |
2022 £ £ - 92,825 92,825 (12,351) 80,474 80,474 80,474 80,474 80,474 |
2022 £ £ - 92,825 92,825 (12,351) 80,474 80,474 80,474 80,474 80,474 |
|---|---|---|---|---|
| 87,502 (13,673) |
92,825 (12,351) |
|||
| 73,829 | 80,474 | |||
| 73,829 | 80,474 | |||
| 73,829 | 80,474 | |||
| 73,829 | 80,474 |
Page 5
Birthlight Limited Balance Sheet (continued) As at 31 March 2023
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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
20/06/2023
The notes on pages 8 to 9 form part of these financial statements.
Page 6
Birthlight Limited Statement of Changes in Equity For The Year Ended 31 March 2023
| As at 1 April 2021 Profit for the year and total comprehensive income As at 31 March 2022 and 1 April 2022 Loss for the year and total comprehensive income As at 31 March 2023 |
Income and Expenditure Account £ 69,545 10,929 |
|---|---|
| 80,474 | |
| (6,645) | |
| 73,829 |
Page 7
Birthlight Limited Notes to the Financial Statements For The Year Ended 31 March 2023
1. 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.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| Office and administration Sales, marketing and distribution . Debtors Due within one year Trade debtors |
2023 1 1 2 2023 £ 4,063 4,063 |
2022 1 1 |
|---|---|---|
| 2 | ||
| 2022 £ - |
||
| - |
4. Debtors
Page 8
Birthlight Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2023
5. Creditors: Amounts Falling Due Within One Year
| . Creditors: Amounts Falling Due Within One Year |
||
|---|---|---|
| Trade creditors Accruals and deferred income Directors' loan accounts |
2023 £ 7,410 2,623 3,640 13,673 |
2022 £ 8,674 3,677 - |
| 12,351 |
6. 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.
Page 9
Birthlight Limited Detailed Income and Expenditure Account For The Year Ended 31 March 2023
| TURNOVER Sales - membership fees Sales - training Courses Sales - donations COST OF SALES Purchases & Tutors Other direct costs - Management fees GROSS SURPLUS Distribution Costs Data and telecommunications costs Administrative Expenses Wages and salaries Staff training Travel and subsistence expenses Computer software, consumables and maintenance Stationery Advertising and marketing costs Telecommunications and data costs Accountancy fees Legal fees Professional fees Research and development costs Charitable donations Other office costs OPERATING (DEFICIT)/SURPLUS |
2023 £ £ 6,364 80,124 1,179 87,667 35,566 28,973 (64,539) 23,128 15,502 (15,502) 615 108 243 4,608 2,466 1,407 321 2,400 - 118 238 - 733 (13,257) (5,631) |
2023 £ £ 6,364 80,124 1,179 87,667 35,566 28,973 (64,539) 23,128 15,502 (15,502) 615 108 243 4,608 2,466 1,407 321 2,400 - 118 238 - 733 (13,257) (5,631) |
2022 £ £ 7,272 104,381 727 112,380 57,343 25,639 (82,982) 29,398 - - 1,030 1,430 230 5,824 2,079 2,172 196 3,677 530 - 246 86 663 (18,163) 11,235 ...CONTINUED |
|---|---|---|---|
| 87,667 (64,539) |
|||
| 15,502 | |||
| 23,128 (15,502) (13,257) |
|||
| 615 108 243 4,608 2,466 1,407 321 2,400 - 118 238 - 733 |
|||
| (5,631) |
Page 10
Birthlight Limited Detailed Income and Expenditure Account (continued) For The Year Ended 31 March 2023
| Interest payable and similar charges Bank charges (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR |
1,014 | (1,014) | 306 | (306) |
|---|---|---|---|---|
| (6,645) | 10,929 |
Page 11
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity NameBirthlight members of Birthlight
On accounts for the year 31[st] March 2023 Charity no 1088207 ended (if any) Set out on pages 1 to 11 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2023.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: Nigel Spence Date: 20/06/2023
Name: Nigel A. Spence, Relevant professional ICAEW (Chartered Accountant) qualification(s) or body (if any):
Address: Tan House, 15 South End, Bassingbourn, Royston, Hertfordshire, SG8 5NJ
October 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
None.
October 2018
2
IER