REGISiTERED CQMPATrIY uLBER. 05557821 (England and Wales) REGISTERED CHARITY .NUMBER: IIIJ5114 .CHARITY COMMISSION REPORT OF THE TRUSTE* ES AND DITED FINANCtAL STATEMEr(rs FOR THE YEAR EIWED 30 SEPT .MBER 2025 MATERNITY WORLDWIDE LIMrr£D A COMPAtNY LLMITED B Y GUARANTFE F I CR T. Limited Flat 24 Wellingnia Court Ldiue Close BEigbton Easr s$SeX BNI 6TD
- MATERNJTY W RLDWtDI LIMITED CONTF.NTS OF THE FINANCIAL ST ATEMENTS FOR THE YEAR NDED 30 SEvfE14IBER 2025 Page Report olthe Trustee5 Indepeudent Exawill¢r's Report ststemcnt of Finnei&l Activities 10 Jlalance Sheet Notes the Financial State¢$. 12 to 17
MA TF,RNATY WORLDMIIDEI LIMITED REGISTFRFD NUMBER: 05557821 RF.PORT OF THE TRUSTEI ES FOR THE YEAR ENDED 30 SEPTEMBER 2028 The tmstres who Are al.go direcwr$ of the chariiy for the pitry)ose5 of the Companies Acl 2006. present tbeir rey)tt with te finallcial staletnents of the ch7tY for the year ended 30 seprnber 202). The tNsÈees have adopted the provisions of Accounting ]d Reporting by Charities.. Statenient ot Recommended Praciicc applicablc lo eharities preparii)g their kic¢oimts in accordallce with the Fillancial Reportitkg Standard applicable ill the UK and Republic of Ireland (FRS 102} {eff¢¢tive l January 2019). 0ECTIVEs AND ACTIVITIES Objectives #ims Ollr Objects Th¢ Charity was estsblished io improve maternal outcomes in d¢v¥loping Countries where at¢rU1 D)oitslity and morbidity art hishtgt. ThE Charitys objects I'lhe Objwts,) ar¢.. - The pmmotion, preseLvation aTrd proteclioll of the health of WOLTLell J]nder8oillg cbildbirtb and all mallws relating to pre81)3ncy and childbirtl) in geiieral, and in psrttcular through the provision or assistkllLce itk tile pIovi5ion uf mcdical or othei. personnel to work in maternity units in alljurLSdictions- To carry out TeseaT¢b irrto tlie provision of appropriate rnaltsymity units and serviccs in all.jurisdictioJ]s; The advancetneut of the public education ill all lltter5 LElatiUb to pregnsnc), chil(Ibirth in gelleral in all juxisdictiuns; To procure to be prepared. pri]tteds publishe(L or issued by all means appropriate sucli papers, tK)ok5, pampbl¢ts, pKiriodi¢als, or advbrlisemttnis as shall further the objects of ttke Charity. Page I
'MATERNITY WORLDIVIDE LIM ITED REGISTERED NUMBF.R.. RIQPORT OF THC TRIISTEIES FOR TRF, YF.AR ENDED 311 SEPTEMBEI R 2025 ORTPCTIVLS AND ACTTVITIES Significant 2Cti'iÉies The erAdibg 30th Septcmbcr 2025 saw further illcome rECOV¢ry and SLlStained aciivityp in th¢ countries in whiLli we operate (Curnt]y prirnarily in Malawi and Ugallda). However, a5 envisLued in 0. 202i-24 ADnual Report, the contiiiUill¥ Lo8L of living crisrs Malawi and Uganda has presented sig]rICant challellge5. The Tnist¢es expect thc contillued inllationary PTessurÉ%: which have a d&spropoftionateIy high impact on iIiL poorer coJ]llELUllities which ive sUprt, will coiiti]Ju£ and pgtentially iiicrtrase ill the toreseeable hbjre. this regai'tL thL TteeS are co8ni5aIit of thc need to use the Cliariry's increased illconie to en%uTe 2[er resilience and sustainability tt) face thc likcty cknallei]u¢5 ahead, whilst, at the same time. ensiTrring ib¢ rnost eIfectivL Dse of the Charty's filnds. Wc rnaintain fr£quent con]munication (llorm¢il l)1 d< t least woek]y} willi our staff and a&gociated ¢olleab5ues in MaL411'i attd Ugaiida bu( f4)r some time. the Trust£es have fett the need for a ¢ountty visii bv the Chair alldlor another TrLL%tce to give us a bettcr underslffliding of ihe most ¢ificient use of iesourc&s aLid needs. Su¢h a visit was enyisaged ill tkne 9023-24 Annual Report and we are pleased to repoTt that the Chair, Dr Adrian Browo visited Malalvi in 8cptember 20?fi. A repvrt ol'ihis visit is included below. In of fundrdi.sintT we have nlDlDed the improved financial posi1301) reported 2023-24, eoinpared with the iTrulledie post-pgndemic years. Th8 frnsrces are deltgmed to report that the Chariiy enjoyed £uLth. fun(Ir4i8ing success in thv 2024'Big Give, Ctsrisanas Challen&re, which doiiations raised by the Charlty are doubl¢d Up to a pTe-detennincd targd. fhis rais¢d a record-breaku] amouT)t for the ChariLy in excess.of £20,000 and we atL' egpeciauy grateful to those IFes &ll Lhc donot3 i0 ensured that ()ur would be Inét, thLL supwrt¢rs gav¢ so gellerousty throu pled. ensuriTEbF the doubling ol'ouT thndraisiuo from the ev¢nL Malawi- Zomba District During the rLTJortitiB year, we have ci)ntinued to focus on improving n]aterDal newbotii health outci)meg across 91 n]r&l villaijes in thL Zomba r4ioJ4 using a cornn)unity-c¢nlered approach to StreJEctth¢n aviarenes5. proinote PO8iLive hcaldi-seckillg behaviours, and to address systetllic baTrier5 thktt eontiibutc to maternal aud newboiii illortolity. We tontinue t(F base our approach on the ThrEe Delays Model, (delays in: deciding to seck care- in reaching appropriaie h1th facilitses- in receiwingF ad¢quatL cal'e upon 8rrival at the health tacility). The work has been implemented t]]rou8hdedi¢at¢d f1eld coordinators rebTuI(trly en8 'ith c0Munitie, deliveIiDg esseJLLial repr(Kiuctive hea]th edllcation. For exall)pl4 45 c()mniunity volurLleeT5 in TIA ChikoThq and MWab0 condllcted household follow-ups foi. pregnant 1vot, euL4)waging ITrsE trin)e5t¢i ANC aLtldarLce alld facilitticing deliyery planning. In addilion. streJWhened community referral mechani513 in c()IIèLboration with I'iiimiti, Matiya kLnd Magomero llhb Posts incluLting locatty CMTdinaied crncrgeELCV pla5 and transport systeir15, havtr improiwed a¢¢ess t() liealih facilities and redii¢ed dL.lays lli reachill Care. Jn several hard-to-reh village5 like Ndalaina. fvlliliniii. Muhasuw( C]]llit)aille and Mso8a: biLycle billanCeS and community em¢r(pen¢y Vings it]itiatii'es were revii'¢d thrOh villago hea]th committ¢es to 8uppofL urgent referrais for laboriijg mothers. We colltiDue to pla¢e stt(mg ejllphasis on maretThl health projnotion dirollgh the establis1llent aDd 8upport of ¢oMmimiLy-based w0¢'S groups, which have bv¢ome importart platfoims for sharing knowledgc: encolaging peer sThppoit. and i'einforcing key me8sa&F¢s on maternal, newborn. and child health. Topics such as birdi prep&redness, nutritlOLI. posknaial care, santtatioffj and family planning havL betn consistently discussed, leaJing to improvLd undernlanding aud &doption of safe inotherhood pr&¢iices. In villagFes suoh &% Chap0 Kumisuku, Ma5uli. Chisllpe and NktLtÉl, womcn's groiip5 t]¢ld regll1 learniDgr s65sion9 and cookillv demon8tr8Lions from March to September 2025 IocusTng on batlet dicts for pre&5]11 and laclatinti D]otheT8 uging locally availsble toods. Duriiig the reF)Drhng year, 3 1 Hcalth surveill]ce As$i%iants reported impr()ved cooperation between womells 'oUpS and lo¥al be31th Facilities, during 48 outreacli cllllics. All important area of pro¥w di1rt8.the rewtlng period bas been the piomotion ol"household ".ffl)artness, Irferring tD iO¥ed hygiene, 5aDit4tion, and organizatirn) ai liousehold level. Olthe 91 villages in which we work 71) have adopted good healtb praclices such rn&intailling cleun alld ivell-swepl Sundings. PTopcrly for Loilets, and ensurinb. that kitchen5 and eating utery5ils kept in hygienic conditions. Dming comrtllmity Inonitorings visits collductcd betwee May alld Aug7USt 2025 ill villaues around TA Chikowi TA Mwambo. local leaders observed iiicieastd constructio of ithbish pit5, improved toilet CDver2ge. and better food storage pra¢iites amoDg households paiticipating in wometL'S groups. We ltiCipate th4t these in]proTrpments in liousehuld hygmene arLd OTg8nisatioll will have a dii¢£L positive iMpCt on maternal and ncwboTll h¢allh. Fgg8 2
IWATER ITY RLDWIDE LILVllTED REGtSTERED NULVlllER: 05557821 USTEE FOR THE YEAR ENDED 30 SEPTEMBER 2025 O&IECTIVES AND ACTIVITIES Notably, male involvemthit has be¢ome increasin£Try importanl and, throngh tarseted eiigagement activities, ]]]ale iiivolvem1t has increased fro 45 lo to 53.40/0. Mell bave been en¢ourdg¢d to aclivcly participate in Materj[ knEaEth matterg illcludiDg attending antenatsl wistis, ¥pPortIng birth prepaTednes4 .2TLd contri6utillg to deci5ion-Tnakinb pmcesses withiti hollse]Lolds. Ill many comn)unitie5, men are a_% advncates I'OT sace rnotberhood, helpiiib to influence p08ltive ehange at household and coJk)munity levels. Local lead8, volunteers, dnd community wup5 have taken on more artive rules pi'omoiing Mal'nal heairh, contrib[1 to the Sustslab1IIty of priije£t inlwvellEioDs. FOI example. village heads in aTeas such as KwrtiSkU 21)d Romphwa actively participated in commwiit> TLViLW mEetiDgs alld supported foltOW-IlP VlSLts forp1'eallt women who mied &Ial81 appOintejLts. Ill addÈtioD to Thternal heth yervi¢e$, th¥ pmject has contrbi uted to imptDved household WLllbeing tl)rthig7h tomplementary initiatives such as baCkyd gardenin,, C.OTnrnuniti¢s have lieèn supp)ttd to groiv fresh and nlllTitiolls vegetai)le$, which h85 cnhanccd tood SeCrty and in]proved nutrilion for pregnant and lactating wo]nen. In villages such as Na,ballo and Mbais4 household5 estAblish¢d sinall backyard gardens pio(lu¢iD£i veg¢tablc% including mustard: Lomatoes. and okra during tile 2U25 (Jr0TrTrin season. OvLM?11, OUT work coiitinues to aitn to deliver meaningful irnPTOV8n)ents in knowledge. attitude& and prndic¢s related to Imatsrnal Ld neivl)(7111 hcalth. Incyeased uptake of antenatsl ca 8eTvice8, iniproyed nutrition. strunger Ina]e Involvement, enhan¢ed hougL>hold hygiene {"smartness"} alld stren'theued communily SllPPOlt Svste demtsnglrate positive proJtr ess, tl)u5 layillkF a solid and suslain&ble toundatioll for continued redu¢tion or maiernal and newbon) Tnortalily in rural Zomba. Visit to mala September 202S Our Chair, Dr Adrian Br()ivn, Yisited Malawi for 8 ItenSIvE days Th September 2025. This was partiGularly itnportant as it was the fiiEt visit by a Board inelliber to our projects in Malawi sincL' the COVJD-19 pandeu]i¢. Adiian is (he Board Icad for our work in Malawi ]naDages tlie tcaih remotely throu8lL regular ollliT)e meeiings and ptlone ca115. Alth1 tliis worL$ vcry well, it c0t replace VL51tiEi15 in person and woi'king dircctlyMqth tbe tearn. The locus of the tiip was a 'rapid review, of the CLllTent projecL activities to 5UPPOrt developmtllt of the sknÉegy tor oll-8oinbT W(ITk in" Zomba Dists'id M21awi. The tEview included Yisiting 7 village wom¢n's gLOUP across the catL.hmenl are4 interview.% with stakeholders at the thTee Tnaii) health facilities that Maternty Worldwide supports, at T)ba District Hospital, representatives frorn the Civil Sociery Otrg8llisation (CSO) NetworK Malawi NGO Board and the Distri¢t Heallh Officefs team. Adri was delighted to report that the team y'ere workiiig well, each 0£ the vilJag¢5 Vlslted it was cltar Ihat the level of knOWlee of womtym ar0)d nJ2terllal and newborn hcalth. including the sign8 in pregtLallcy and family pl]. (laughi by Maternity Worldwide stafcand facilitators) high. Jt was also lantastiolo hear %ome ot the succEts% slories of the revolvitkg loan scheme. I'he Tnain challellges in the Up$ are now due to the itnpad of high inflatioll {iii part due to the curjentyy dtvaluation two vears ago) aDd ihaL the llOuts in the revolving loaTr SChee now are CP[tiVejV less than they tlad been at ihe StsTt of the project. It wds also fantststic to get very positivc wiprojnpied feedback from women and their hiisbands around the care provided by clillicaE staff at d)e healrh t3cilities trained by Maternity Worldwide. They reported that tbey were treated wilh killdness alld dig)ity. Noi all the staff hawe had this trainiiibT and it WELS clear the feedback in Telation to the staff not yet traiiied by Maternity Worldwide wag less positive. It is hoped that fUrtIr training of skilled birth attemdtfflts will be feasible in ihe next stage of the PToje¢t. E.Ach of the health facilities vi%ited were continuing lo prnvide high qualty maicrnity services and at Magomero Health Cethr¢ it was Fanl&stLC to 51t the llewly biiilt deliverif 8Ulte (labour ward). A Iist of liey eqllipinent netds ivas collate and Maternity w.or[dide will suppori ptocweLiient of ncw equipment siibject to funding. OYErall Adtiafi fcli. that there was a wsitive alld optiiDistic atmosphere in Zomb4 despite the ecc)noinic challenges. The fLndiugs of the review and recomTnend&iions were shwed with the team p¢iS0 on the last day ot rhe visit and it is hoped that a 5e¢ond ttsllow-up Yisit lake pl&GÈ in late 2026. UgandR- Hoima and Masindi Distriets The ovetall strot¥gy ofr our work iD Uganthi has rnnaiDed to work with pwtri¢r% in local communities to deliver efEectiv etTicient and 5U5talab]e matcrn31 hEalthcare prograFllJll]es. Those partnerskips arc essential icause. ill the Hoima and Masiiidi dtrIcts ivliere our wiorli is focused, current healthcare SviCeS are fragThente(L especially in the riwal areas. Our paftners inLlude.' tbc r)i5tFlCt Health Offic¢, HOla Referral Hospitsl, Ihe Princess Alexalldria Health C¢ntrc IV (ft)nnerly Lnoivn as the A2ur Maternity Clinic} and iht Anglican Diocese w,hich is the laieSt provider of comTMW)ity health services. Pftge 3
'MATERNITY WORLDWIDE LIMITED RF.GISTERED NtJMBER: O REPORT OF THE TRUSTEES FOR THE YEAR ENDI4 D 30 SEPTEMBER 2 OWiCTtVES AND AcfiviTIES M&t¢rnity Wo1"Idwde-fUnd¢d coDstJurtion and the setting up of the lQiryabatuzi Matcrnity Cclltre. tiL¢b was handed owey to the Anglicall DICEst and ha5 be6n fully operational since 2017. It is noTrY called the KiryabathzT Church Uguida 14ealth CentTe tIJ. HigFLtigl]ts of Trork during the year 202412025 have inetuded: - CoiitinUlli(F tD pi'ovide fancia] and uovertLallce 5LiPPOrt, llidudillg 5alaue& of the ]nidwive5 at dL¢ h¢alth (k'ntTC. Facilitating the support of 65 siiccessful deliYLYies 8t the hLalth centre, 15 sttccLssl reterrals to Hoi]Da Refejral H05Pitai and the Piince55 Alexath Health Centrt IV and LaiiyiDg out 337 anteJMtal appoinbnit8 in the clinic and 445 in the local con)muntty - Cojjtinuing to support Village Health Tearns (Vltr5). This i5 a tea ot trained Yolwrteers that 5UPPOlt health scrvices at villagTe Level by providing health pi'omotion dnd mobili7ativh, sensit17atirni uiid rtftraI pregtLant wo]nen to appropriate support and services. Diringr this y&ir thev SLic¢eSslty referred 150 women from the comllnullty to appropria1¢ Instrrnaj healih swport. - ColltillUiDg parillersbip workillg alld attendance al e,agemellt meetings with existillg pwlners I'¢h as District Heth officer (l.Ioima Districi Loca] GOVernellt), the DioceK Usda and Hampshire HoTtna Hospi1 C]wiry' and th¢ Ilganda pr(rtèstant medical bureall. Led on the oroanization of a succe51fiLi ]nteTnational Day of the Midwives ¢olcbvaiion event in Hoima in May 2025 and pix)vidcd Mama kiis (also kni0V &s Clean Birth kits, inoLudingF ¢&senlial items to prèvenE intections and colldicdtions in childbirth sucli a3 Sterile gl()ves. a birthing mat, cord clampsl ties. cotton wool, wge, b4by goap) to sllpport local omen. - cOtniu1Cr to W() with our palern in th¢ Diocese since th¢ appoiutm¢nt of ncw Bishop attd leadaBhip tsam in ihe SUEKuner of 2024. Public bellcfjt Jn shaping our Objectiv alld P1aDlliry our activities for the year. the Trustees have griven cot)sideration to the gldll¢e give by the Charily Commission. particular. the"fru5tees have considered holy the planlled aetivitjes will conlTibute to the OVErdll aims alid i)bjectives that they have set. The Trustees believe Ihat ihis is detnonstrat¢d in ihc re.port. Policies update Following ow. coniprdi£nsive revision of policie5 111 2020-21, during tILe 2024-25 year: tli¢ chllty focused on utIng only where necessary. FINAIYCIAL REVIEW Pinllel&l reylew Our t(rtal income for the year ,S £6?,)76 compdred th £61,480 2023-24 (an in£rLase of l.fj /. ). We arL" folarte to have loyal and supporLive donors aniL espeLially so]ne large donations iEspect ol-. the Big Give Clirislnias App. Our total expenditure for ihe ycay was £51.493 compared ivith £49,935 in 202312024 (an increase uf 3.10/0). At the end of the yiar ive held funds of £30,li6 c()mpared with £19 273 in 2023-24 (an increase of 56.40/0). £6,048 of tliese fldS weIe restii¢t¢d.
'MATLRNITY WORLDWIDE LIMITF, D NUMBER: 05557821 REPORT OF THE TRUSTEES FOR THE YEI AR ENDII D 30 SEPTCIMBER 2025 FILYANCIAL REVIEW Resetves policy The Chariry aims ro hold r¢serYes 10 cover.. UJJfores¢en einerg¢nci¢s - Continuity of operations. both oveTsea5 a7)d in the UK, ifsourncs ofincomc reduce unexpectedly - Plat)E commvtments that cannoE be rnei by future iucome alone. sucb as tl)e pur¢hase of an assei - Short-temi deficits in CSh budgths such as project expenditule in advance of Ielpt of & gMIt Th¢ levEI of LEserves Tequired avthilable at an&. one tiin¢ is assessed w'iih reference to rbe¥¢ pvlioies )d is revieived c)n at Icast a quarterly basis. We CODSLder tat, in kknsgnee of eircLnMsidnces described aknye. tIuE¢ n)onths' runniLig ¢081% OIK) and one month rut11]8 cosEs (overseas) is the minirnum le¥&1 i() cnsuTe operational conttrtuitv Ihroughoui pe3k5 and trou¥hs ol Inr()Tne. Jn Ihtte years precediDo 2023-24. thie to limited tiindraising activities and tret5 Moi being inet due to the Covid P¢tndemic, li was eceSSary to use reserves and for Boattl io ¢ontit)valfy tTview Tncome and expendihLre very cIoscly to ensure mainlenance of project activity alld prot¢ctii)n of restricred income. Fortimately. as ift 2023-24: tor 2024-25, we have been able tts rcvcrt LO the reserves policy stated above. We will keep this Igvel ol re5UVts under VIew, in respect Trf tlie resilience of the Charrty and PToje¢tcd twlobal pressures. Asset cover for funds The Triistees Lollsid¢T that the assets of die Charity art suffiaent tu Tneet the Chity'S oblL8atLOD &y a fund ty nd basis. FUTURE PLANS COUNTRY PLANS FOR 2025-26 Malaivl Ilowing the rkyid review and thrther discussions with the teanL a new project strategy foi Malawi is being devdoped. Thib will inclllde exTrnsion of the sevolving loan gchcm¢ to a turtber I I villab5es (not cllrrentlv prov.ided wilh loans) ad fthher skllled birth tr&ining Led to a new Malawi MinisEry Ot Ilealth traillingJ syllab4. Uganda In Ugand¥ 202516 we aim lo". - Develop our relationship Nqtli the new Bishop and his leadeThhip team and cottiinue to work llosely in partneid)ip with the Diocese ai)d providc orlgoing. gcivem8nc¢ and fancial suppott TD¢lwling a face to moeiin(r as part of a Materjllty Worldde programin¢ visit to H0]ll. - ContitLUt to Eeview iht uptake )d inipact of service5 at the Kirvabatuzi Church of U¥aiid& Flealth Cet]tye TIJ. In partnership with tht Diu¢EBe explore nei¥ options for th¢ prornotion of 5eFvJce8 which are available and fiwth¢r dcvclop aLitellatal oulTeatyb in ilie locsll community ¢(} build on ihe siicc¢sse5 Of thL Cotnunty off&T iii the local I'81 mmuDity in 202415. Sti'engthÈn parlnershtps ivit]i local NGOS and mthrnal healtli laciiitLeS. STiiucfuRE, GOVERNANCE AND MANAG'EMENT Goverlling docuJn¢nf Mftiemity Worldwide LimiLYd was illc0rpor* on 8th Septembei 2(x)5 (Tcgisiered copanY number.. 05557821). li received Cli1b]e 8thn]s on 29th September 200.f (iegbi&tered ¢112rity niu]th I I I l i04). The Charity 18 a compan), limit&l l)y guarantee alld is governed by its MeDJoM1du and Articlcs ot Asswialion dated 8th September 2005. Recruitment and appoilltment of new trmstees llic MeOradUm and Articles of Ass()cigrioll outline the directors, powers and pritLcipks for Lhc effective malgement [d admini%tratlOLi of the ChaTit}i alld twstee% inclllding methods fw the appollltment alld tEVal of tm5tees. TLie minim11 uutnber of directorsltrust¢w is thTee'. ther¢ is no m&ximwn nwnber. The Board regularly reviews its own skill set, the Charily aiins to advertisc LnLStee vac3DGies &s widely as is practicable N¥'ith tt view to maintaining a dLver5e with th¢ full range K)f sknlls and quilleS Tequired foi. ovews¢eing and all internatioi)al cbayity. Page 5
' MATERNITY WORLDWIDE LIMtTED ISTERED NUMBER: 05557S21 RF,PORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEIryEMBER 2n25 STRucfuRE, GOvERNANAND MAIYA(:KMENT Organi$atioiiAI striictllre The Board nornally meets at lead fivè times d year, aiid sets long t¢nn plans and Organisatioal poli¢ies of the Clwiry. The BO.a also aiins to hold shorter. mor¢ 1ltqellt meetillg8 as ieqiiired. Thc Bodnl also Sets and TMOnFtors the. awiual budgeL approves the annual accollnts. and irviews th¢ Tisl4s facing the Charity. Day io day man8tseTDellt of the C,harity is norjnally undertaken by A M&nagement l-eam of two-three trustees (Ih¢ Chair, Se(r¢tary and one other board Jnetnber), o JlleeL reglllgwly. Safeguardlng Marerniry Worldwide is ¢o]Dmitted to the protection and safeguardinr 5 of all cbildreD, young people alld adiilts and to ¢ondu¢tingr its programtues in a maniiLY ihat 14 a8fe for those we seTrr. We have sategiiarding policies which aiin to pri)tcct oli11dr¢ YOUD" people and &diilts with whnm Mat6TDty w0Ild,ldt c4)me ntO ci)nt&£¢ providing staff a]Jd volunteers ivith the oyerarchiiig principles thdt . uide approach to saftgiiarding- Our p)licts ar¢ review¢d anua]Is, or niore frequeiitly if Teqllired. m.ith partuers (M¢Dr[Ind ot Understanding) also include a clause relatin to these policie5 require partrjers to acknnwlellge Llit cxisteDce and the expectation of coP11ac¢. 'Iwo Maternty Worldwide TLVStees are safeguardi11g leads who are infomed of any coJ]cerDS ad also available to provide support alld tdvic¢. There were no safEgtiardinbF 1cldetS during the period 2024-2025. Induction aJ)d Iraining of DcTrv Irustcts The inductloll PThJCe55 fDr Board ncludeS meetillgs willi Llib Chaiy, ot.IILr trustL"cs and the Sta to provide an OV¢TVl¢W of tb£ objectives, oper3tiODS a[ strategic direction of the Charity. New Board members aTL pi'ovided with relevant traIl docLunents alld tx)licie5 aiid acce&s to infnTmaiion aix)ut the gvAne and work of thty Charity. Ri$k Jnnnagemcllt The athrity bas a process in plllcc whTruli Inet% the Charity Cornl&S1o,S detailed widallce on risIc Inwia¥einent. I'he Board undertakes an atmual dciailLd lXnInalitsn ofthe PTineipttl aTeas of tbe Chariry's i)peralions in (ITder to congidcr Ihe Tnajor risks faced 3n #h of these areas. The Boalll atso assesses what actioll lleeds to be taken to Teduce or Jnitigiate the Chity'S expOsie to those risks. These findings are used to update the Charitys i'isk register. Risk is a standingi ite at all Board meetings and Board SulhCJiY)llps arc required io report tr> the Hoard piior to ea¢li mcLllI)g 01) any risk nllerS arising in the la8E qU&rtcr. Ui'.tretti risk 18se$ are e8L#lat¢d to the Board as they 0ur }d are addr¢ed as a P170rity. We consider that one of the biggest risks the charity conlimies to face is the failure to achieve agdinsi a 8iIu811()m here most of our etyorts have ro be tp1]ed to maintain our countyy infvastrucn]re with onty Ittllited gromth po&5ible. Thc Titee$ 1emain of the view that fiLrther strength¢ning of fundrdiSiJ)g activity is tntI&l to re-bstablishing ¥owth in thL years ld we plan to retrTt a part tiing fLmdrdising offiwr in 202516 to suppf)rt this growlh. REFERETrICE ALYD ADMINISTRATThTI DETAILS Registered Company number 05i57821 (EDglalld alld Wales) Registcred Charity nuEllber Illli04 Regtstered offlce Conjmlliiiry Base 113 Queeiis Rtsad Brilyhtoii EasT Sussex BNI 3XG Trustees Dr A C BroHTh (Chairl 5 M Rll*8ell {SeLrctary) Prof S B BIOW Pagc 6
MATERNITY WORLDIVIDE LIMtTED EGtSTERED NUMIIER.. 05557g21 REPORT OF THE TRUSTEI ES FOR THE YEAR ENDED 30 SEiPtEI MBER 2U25 REFFRENCE AM) ADMINISTRATIVE DETAILS Tndependtnt EMIller Christvpher RoherL Tyler FCA DCJL4 FCIB FI CRT Limited Flat 24 Wellillgtouia CoLUt Laine Clvse Brighton .ast seX BNI 6'1'D ComDaRy Secretari, Ms MRussell Ball14er8 I-ISBC 15) Norrh Street Biighio BNI ISW W¢bsits .niatssiut)ryVOTldwide.r)Ttr Charity" Nrne Maternity Worldwide Limited Workin% Name Maternity Wi)Tldwide STATEMENT OF TRUSTEES, RESPONStBILITTES The trus (who 2Te also the direi-tOTS of MateEnity Worldividt Limited for the purposes of company law) a 5ponsible for prep<iring the Report of the 'fnL%lccs atLd the [anCIal statemnnts ill &ccoi"danec with applicable laiv alld United Kingdom AccointtLDg Standards (United Kingdom Generalty Acctptrd Accounting PraL*ic¢}. Compally law requires the tustees to prepare ttsmncial stat¢meMts tor each finauLThI year. Ullder that law. the twstees have elected to prepar¥ thL finallciai staternenLs in accordance witli Ulliitd K&n8do]n G¢nwally Awepted AccouDting Practice (United Kii)gdom Accounting Slandards alld (¥plicable law). Under company law the in]stees not approve the fncial statemeJrt5 uDJess thcy are satis-fied that tliey IFive a tti]e and tair view of th¢ %thre of alhus i)f tt)e clmritable Lompany aDd of the iiicoming resources and appliclon of resourc4 including the income expelldItu: of the charitable compaiJy for that period. In preparing those fin]cIaL stateJDeDls, the trusiees e requir9d io select suitttble ac¢ourLting pvli¢io% then apply thknjm consistethly. obr¥¢ i.hc methods d prpiciples ill tbe Chdriues SORP. i]]ake judutrnents and estimkrtes Ihat are reasonable tffld prudell¢ prepare the fiTiancial State[entS on the goillg ¢oncem basis unless it is inappropriats to presume that the rha17tablc coIDpany will continue in bLEsiness. The irustees are r¢sp(xisible for keeping proper a¥eoth)tiiig rebords which disclose ivith reasonablc accuracy al ally tiine the fjnC]a1'P0sllioll of the charitable L()mpally and io enable them to ensure that the fillallcial statLxLeJrts compl), M'ith the Comp(inies Act 2006. Tliry are s0 re%ponsible for sgÈfe.tsuarding the agsets of the charitkble cumpany ]d lien¢¢ for takingrca5onable steps for tbe pr¢v¢ntion aDd dotectioll of fraud and orJ]er inYgidaritie5. S4-TJ_ AppTov¢d by order of the board of tru5tee% on................................. and siiined on its b¥half by.. PagTe 7
MATEI RNtTY WORLDWIDE LIMtTED RF.CISTEREI D NUMBER. 05557821 REPORT OF THE TRUSTEES FOR THE YEAR ENDED SEPTEMIIER 2025 Ms M Riissell- Fn]stee Page 8
ANDEPENDINT EXAMINER'S REPORT TO THF TRUSTEE LIL4TERNITY WORLDWIDE LIMITED OF Independellt exa]Diner's report to the trustee$ orrltstrrllity Limited ('the CompaJ]} ) I report LO tbe clwity trusieE¥ on ]ny exatninalion of the accounts of the Company froT the year ¢llded 30 Sepkmber 20?5. Responsibilities and basis of report As the charitys trustees of tILe C(Impally (2nd also its dircctOTS fDr the pu4x)sts of cornpally l&w) you al'e rLEV)n%ible foi. the'preparation of llie aLCOUt]ts in accord]¢¢ with thc reqlllrements of the C,oLllPcies Act 2006 ('the 2006 Acdl. Having 5at15fied myself that tlje accounts of the Company are not reqllid to be #udiled under Part 16 of the j006 Act and are eligible lor independent examljtioll: I report itt respect oriny eXalatiOn of your charty's accounts carried out under Section 145 of the ChilIeS Act 2011 ('the 2011 Act,). In carrying out my examin&tion I havc follow'ed Directiolls givcn by the Charity cOn)lSsion under Section 145(5) (b) ofthe 2011 [derndent eXalner'S statement I have conipleled my examillation. l ¢0]r that no matter5 have co¢ to my attention in connection with the exalatiOn giving me Cause to beJieve- accounting records Th'ere not kept in rtrqp¢ct of tbe Company &s rèquir&1 by Section i86 ofthe 2006 Aci,. or tlie accowits do not acuoi'd those JEcords' or the accounts do not comply with the COuntlI requirements of Section 396 of the 2006 Act other thtin any quittmoiit that the wcounts give a tn]e and far view whi¢h iy nut & TnatteT ¢onsided as part of all independent xaminaiion. or the accoullts have iiot be£n pttpatpd in a¢¢ordan¢e the m¢thods and PTincipl&s of the Ststsment ot Recoinmeiid¢d Practice ftsr ajjd reportlDg by charities lapJ)licabl¢ t() charitlL'S preparing thcir acLount8 In actordJnce with tb& Fillancial Reporting Standard applicable the UK alld Rq)ublie of Ire1Id (FRS 102)). I have no Collcerns alld haipe come across ni) oLheY T<itte in conllectiL¥n With the examination to Fs'hicli &ttentiOii 8hould be drawn irL tbis report in oixler to enable a proper U1]deding of the accounts to be reached. Christopher Robert Tyler FCA DChA FCIE FI CRT Limited Flat 24 Wellingtonia Couri l.aime Close Brigbton East Susscx BNI 6TD Date.. X Page 9
IKATERNITY WORLDWIDE LIMrrED STATEWETrIT OF filNANCIAL ACTJVITIES FOR THI YEAR EtYDED 30 SEvfEKBER 2025 2025 Total fwids 2024 Total fi]nds Unrestricted fund Restricted fwids Nutes INCOME AND ENDOW1[lfS ITROM Donations k)nd ltsgsnies 49.695 49,695 40,242 Othei. trading actLVities ivestment lllcome 12,570 12,570 21,116 122 Total 62,376 62.376 61,480 EXPENDrruRE ON Raising funds 2,056 2,056 6.61 S Charitable aetiviti "oject activitLBS 49.437 49,437 43,317 Total 51,491 NKT INCOME 10.883 10,88i RECONCILIATIOE4 OFFUNDS Tot81 lid$ brougliL forward 6.048 7.728 TOTAL FUtIDS C.4RRTED FORWARD 24,108 6,tM8 30,156 19.27J The notes form part of these finan¢ial $tements
MA TERNITY WORLDWJDE LIMITED ECISTERED NUMBEIL. 05547821 IIALANCE SHEET 30 SEvfEMBER 2025 2025 2024 Unresirici¢d fviid Restricted filnds Cw1ds fid$ Nutes CUIIRENT ASSETS Ctsh at bank 26.134 6,048 32,182 21,442 CREI)ITORS Qullts falling due i¥iUiin one year 13 {2,026) (2,026) (2.1691 NET CURRENT ASSETS 24,108 6,048 30,156 19,273 TOTAL ASSETS LESS CURRENT LIABtLTTIES 6.048 30,156 19,273 NET A88ETS 24,108 6.048 JO,156 FUI4lIkS Ui)re8trici¢d funds Restsicted funds 14 24, 108 &,048 13,225 6,048 TOTAL FufiDS -70,156 19,273 The charilable company is entitled to exemptiou from audit linder Sectioll 477 ofthe Companics Ac(2006 lor the year eiid¢d 30 SeptembEr 2025. The membeTg liavL not required the collwaELy to obtain an audit of its fimancial statements fur the YaT ended 30 SeptembtF 2025 ii) acLordance wtth Sectio]] 476 ofthe Companies Act 2006". 'I'he trustee5 aCkno.1eage dieir responsibilities for (a) Isllrin8 lh the ¢haritdbl¢ cornpany keeps accoullting records eornply with Sections i86 and J87 ot. the G)mries Act 2006 and wq)aEing fiuaELcial 5tat¢wellts which give & LTue and fair view, of the stare o£affairs of the ¢lJaritable company 25 at the end of each talCial year and of its surylus or deficit for each finai)¢ial year in a¢cordaiicL Witli the reqllirern¢nts of Sections 394 diid 395 and which otherwise compty H'ith the requirements ot tlie Cojnpanies Act 2006 relating to financiaj statements, so far as applicable tn the cligritable company. Ib) These financial statem¢nt8 have been prpared ill accordance with the proTrisions appiicable to charitable ¢ornp:mies subjeci to the Slnall companies regime. 'I'he f ial staiemeJLts w¢re approved by the Boatd of TrLtsiees alld authorised for issue - svere signed on its behalfby.. M Russell - TTUStee ThL notes form part of tliese fin1ClaI sts1¢mlS Page 11
MATERNITY WORLDWIDE LIiVHTED TES TO THE FINAD4CIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTETvtBER 202 ACCOUNTING POLICIES Basi5 of preparing the financial statements 'rhe fIna(la[ statem¢t3 of tlie charitable companv, is i public beneht tjitity undcr fRS102, have been PrL.pd in accordance with the Charilies SORP (FRS102)'Accounting and Reportillg by Charities.. Stste}ellt Df Recornmended Pra¢tic¢ applicable to Ch.itIeS prep3riiig tl)eir accouiits Ivith the FiuatLciJI Reporti]]g Stundard applicable in the UK alld Repubiic of Ireland {FRS102) {effeLtive l Janu2ry 2019),, FitLallcial Reportiti" Standard FRS102 'The FitkWLcial Reporting Stalldd applicable ill tbe UK and RLpthlic af Ireland, ad the Ci)mpanies Act 2006. The financial statements have been prepared ullder the historical cost conwenlion. The aCcoltS are prepared in srerlin& wbich is the fullctional cullellcy of the Uh7ty. Moncrary amounts ii) these fitvancial stt*emL&nig 'L rOlded ro ihe nearest £. The trusteeaireCtors con8id¢r that ttiero ar¢ no materittl llncertaiffliLiS abouL the companys ability ts> cotttinue as a going coiicern. llleome Ail inc4)me is ognISed ill the Statsmellt of Fllw]¢iai A¢tiviti¢s oiic¢ the charity has entillement to the fwids, it is probable that the income ivill be received and the amount can be measwtdreliably. xpellditure Liabilities are recogni as expei)diwre as soon as tbe is a legal or CQllbtrii¢tive obligaiion cojninitting th¢ BhaTty to that expenditu. il is probable (Iwt a iransfer of ecoLiomic benefits will be ieqiiirtsd in settlement the aniount of the obligkrtion can bc measured reliably. Expenditure ig accounted for ou an accruals basis and has been classified ujjder lieaoings that aggregate cost relktted to the Cegory. Where costs canDot be dir¢cily attributed to particuLv headings they have been allocatcd th activities on a basis cunsistenl wilh the use of i'esources. Tangible fixed assets rangible f]xed assets c()stiiig TnoTty than £500 are capitalised alld inc]uded at cost including 3ny incide])t&l expellses of acqiiigition. Depr¥Jcialion is provided on all t3ngible fLxed assets at Tates ffalculded to M'rtte off the Losl on a straight line basis oyer their expected useful e¢onomii lives as follows .' Co]nputeT equipmeot- 3 years straighi lirle. Project cap5tal expeDdilinr- l yeai. expenditUTe is illculled. Taxatio The Charity's COLlsidered io pa35 the te$ts SCL oui in Para¥aph I Schedul¢ 6 fiiiance Act 2010 and therefore it meL4s the definition of & cFwilable company loi. UK corpoL71ion tax pun)o$¢s. Accordi[,]Y the Chariry is potentially exe]Dpt from taxaiion in respect of illcon]e or ¢8Pital gaifts received within LegOrIeS covered by Ch)pter 3 Part I I CorpoIation 'fax Act 2010 or Section 256 of tbe Taxation tst Chargeable Gains A¢t 1991 to thE exknt that Such income or gains aFe applied exclusively to choritable pu8¢$. Fund accountillg Ullrestricted funds cttn be tsscd in accordancB with the charilable objectives atthe disbll'etion of the b'usl¢e£. Liestricted fvn& can ontybe used for particlllar restricfrd purpobes wi(hiii the objects of ihe charity. Rosirictions tLrise ivhen specified by the donor or funds Taised tor particuluT resiricred putposes. Further explanation ot the nature and piiox)sc of each fuTrd is inLluded in di¢ llotes to thc lillancial sFAi¢ments. Pe 12 LoMiii)lled...
QATERNITY IVORLDWIDE IJLlllTED LYOTES TO THE FILYANCLIL STATEMENfs- continued FUR THE YEAR E4 NDED 30 SEPTEfvIBEI R 2025 DONATIONS AND LELACtES 2024 Donations - sinole DoDatLolls - Tegular Gift aid tax 30.601 14236 4.85S 16,043 16,675 7,524 49.695 40.242 ' I)THER TRADING ACTIVITIES 2025 20?4 Fundraisinbi eyents 12,510 21,116 INVESTMENT INCOME 202) 2024 Deposit acColt in1¢st 122 CHARrrABLE ACTEVITIES COSTS DirwL Costs (sw. notr 6) Support costs (see note 7) TotaL8 Project activities 12.93) 49,437 DIRECT COSTS OF CHAIUTABLF ACTTiryfiES 2025 2024 FroaMatIC activity- direct 31,453 SVPPORT COSTS MaTLaseTnent Prnject aclivitie5 12,933 PabFe 13 ¢onliiiued.
MATERNTTY WORLDWIDF LILlttTE NOTES TO THE Ff4ANCIA TATEME FOR THE YEAR E4 ND 30 SEPTEfvIB contlnued 2025 SUPPORT COSTS- eontlnued Suppoit ¢osts. i]]cludcd in ilie above, are as follows,. 202) Project activili¢s 2024 T()tal activtiies 6.7tH) 1.8iO 5,161 llld¢pendenl examination Management Costs 4,543 11,864 TRUSTEES. R£MUNERATIOJY ALYD BEfqEFrrs There WÈTe no twste&s' reMe20n or other benefits for the year Ellded 30 Sep¢¢mber 2025 nor foi the y¢ar ded 30 Septemb2024. Trllste&q' È%pen¥e5 One trusree IM8 reimbursed knvel expenses amnunling lo £1,648 (2024 . £34}. STAFF COSTS 6taff Costs during the ye. were follows: 2025 2024 UK Staff Costs Wages and Sa[leS Social security costs Pension co%t Overse&8 Staff Costs 22 22. The ttumber ofUK ¢mploye&s based on beadcount was nil (?024 nil). No &nployees receiyed emolumcnts in exoess of £60.000 {?024- nolle). Tlie chdriLy considLYS Tts key man¢ent PBTSODn¢l to be the trustees. The trustees received rLO rewDeralion or bevefrts from the Charity. Page 14 COLltinued...
IATERNITy WORLDWIDE LIMITED TE HE FINANCIAL IIIENfs- continue FOK THE YEI AR EI NDED 30 SEPTEMBER 2025 10. coTrtPAIIATIVES FOR TH8 ST ATEMENT OF FINANCIAL ACTTVITIFS 1024 Ullre5tricted Rcstricted fid nds Total ds INCOLIIE, AL¥D ENDOWMENTS PROM Donations and le£aci¢s 40.242 40,242 Other trading aLtivities Inweslment 1Come 21,116 122 122 Tots)I 61,480 61.480 EXPENDITURE O Raising funds 6,618 6.618 Cbaritablc activities ProjecL aulivitics 43,3 17 43,317 Total 49,93) T LYCOKE 11,545 11,545 RECONCtLIATION OF FUNDS Total fwids bToiight folwd 1.680 6,048 7.728 TOTAL FUNDS CARRIED FORWARD 13,225 6.048 IY.273 INTANGIBLE FIXED ASSETS Websit COST At l October 2024 30 September 202) 7,926 AMORTI8ATION At l octo1[ 2024 and 30 S¢pt¢mbcr ?025 7,926 NET BOOK VALU At 30 September 2025 At 30 September ?024 Page 15 continued...
TERNtTV W DWIDE LIMITED OTE5 TO THE FINANCIAL STATEMFNTS- continued VR THE YEAR ENDED 30 8EPTEfvIBER 2025 11 IANGIBLE FIXED A&SETS rilXtUTes Plat)C tmd machincry fittinTrs Totals COST At l October 2024 and 30 September ?02f 14,605 46,640 61,245 DEPRECtATiori At L October 2024 and 30 Srptember 2025 14.605 46,640 61,245 NF,T BOOK VALUE At 30 September 202) Ai 30 September 2024 13. CRKDITORS.: ALVIOUNTS FALLINC DUE WITHtN ONE YEAIi 2025 2024 Bde LTeditors Accrned expens#8 186 ,840 329 1.840 2.V26 2.169 14. MOVEMENT IN FUNI>S Net Lo¥Ement funds At 1.10.24 At 30.9.25 Unrestricted funds Gelleral fid 13,225 10,883 24,108 RestFicled funds Debbi Jupp (Malawi) Funding Network {Ethiopia) 6,030 6,030 6,048 6,048 TOTAL FUNDS 10,883 30,156 Net m0Venllt ill included ID the above are as folloTh3: IAJCOTnilliF resour6e¥ .RLS(lIces expended Movejllent infimds Unrestrietsd funds Geiithyl fund 62.i76 (51.493) lQ,88i TOTAL FUNDS 62,376 ($1,493) Page16 colltinu¢d...
MATERNITY WORLDWIDE LIMITED NOTFS TO TItE FINANCIAL STATEMENTh- ¢ontioued FOR THE YEAR ENDF.D 30 SF.PTEMRIER 2025 14. MOVEMENT Iiy FUNDS- continued co8rti¥es for movement in lunds NeL movcmcnt in funds. At 30.9.24 1.10 Unrtstricted funds General fijttd 1,680 11,545 13,225 Restrleted thnds Debbt Jw)p (TrIalawi) Fllndiiig Notwffi.k (Ethiopi&} 18 6,030 6,030 6,048 6,048 TOTAL FUTrIDS 7.728 11.)45 Comparative net movement in fullds, in¢luded in tli¢ above ar8 85 1'0ll(Jws: IncoTning Tesources Resources exp¢Dded Moyvrnent in fid5 Unrestricted fund5 G'eneral fLd 61,480 (49,935) 11,545 TOTAL FUNDS 61,4110 (49,935} 11,545 RELATED PARTY PASCLOSURES There were no lated party transactions for the year ended30 S¢ptembffl'2025. P2ge 17